Bird Larsen
ActiveBird Larsen has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €12k. Equity is growing by ~40.8% per year across the filed fiscal years. Its solvency ranks better than 54% of 2687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability84▼-4
Solvency76▲+1
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.92 against 2.69 in 2024; short-term debt: 32.7% and cash: 65.3% of total assets), and 49.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.6%
Return on assets
12.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
24 d early
2024
16 d early
2023
30 d late
2022
28 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€49k▲ 32.7%
2024 · €37k
2022: €9k
2023: €25k
2024: €37k
2022 → 2025
Total assets
€96k▲ 30.5%
2024 · €74k
2022: €54k
2023: €83k
2024: €74k
2022 → 2025
Net result
€12k▲ 5.7%
2024 · €11k
2022: €6k
2023: €17k
2024: €11k
2022 → 2025
Working capital
€61k▲ 38.6%
2024 · €44k
2022: €21k
2023: €23k
2024: €44k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€9k-€25k▲ 188%€37k▲ 44.9%€49k▲ 32.7%
Operating result€9k-€21k▲ 135%€15k▼ 27.3%€17k▲ 12.0%
Net result€6k-€17k▲ 184%€11k▼ 31.2%€12k▲ 5.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €96k
Fixed assets
€4k=
Current assets
€92k▲ 32.4%
Equity and liabilities €96k
Equity
€49k▲ 32.7%
Debt
€48k▲ 28.3%
The debt ratio falls from 50.2% to 49.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19k▲
2024 · €17k
Cash flow
€14k▲
2024 · €13k
Solvency
50.6%▲
2024 · 49.8%
Current ratio
2.92▲
2024 · 2.69
Quick ratio
2.92▲
2024 · 2.69
Debt / equity
0.98▼
2024 · 1.01
ROE
24.7%▼
2024 · 31.0%
ROA
12.5%▼
2024 · 15.4%
Interest coverage
16.34▼
2024 · 44.20
Debt
€48k▲
2024 · €37k
Debt ≤ 1 year
€32k▲
2024 · €26k
Income taxes
€4k▲
2024 · €4k
Staff costs
€86k▲
2024 · €81k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€74k€96k▲
Fixed assets21/28€4k€4k=
Tangible fixed assets22/27€4k€4k=
Furniture and vehicles24€4k€4k=
Current assets29/58€70k€92k▲
Amounts receivable within one year40/41€15k€27k▲
Trade receivables40€14k€27k▲
Other amounts receivable41€851€851=
Cash at bank and in hand54/58€52k€63k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€74k€96k▲
Equity10/15€37k€49k▲
Contributions10/11€3k€3k=
Reserves13€34k€46k▲
Distributable reserves133€34k€46k▲
Amounts payable17/49€37k€48k▲
Amounts payable within one year42/48€26k€32k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€23k€28k▲
Taxes450/3€12k€9k▼
Remuneration and social security454/9€11k€19k▲
Accrued charges and deferred income492/3€11k€16k▲
Income statement
Code20242025
Remuneration, social security and pensions62€81k€86k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€712€732▲
Non-recurring operating charges66A€0-
Gross operating margin9900€99k€106k▲
Operating profit (loss)9901€15k€17k▲
Financial income75/76B€0€5▲
Recurring financial income75€0€5▲
Financial charges65/66B€380€1k▲
Recurring financial charges65€380€1k▲
Profit (loss) for the period before taxes9903€15k€16k▲
Income taxes67/77€4k€4k▲
Profit (loss) for the period9904€11k€12k▲
Profit (loss) for the period to be appropriated9905€11k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€12k▲
Transfer to equity691/2€11k€12k▲
To other reserves6921€11k€12k▲
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Highest result since 2022net €17k ▲184%
Operating result €21k, net result €17k, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Merelbeke-Melle · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Collegebaan 2C9090 Merelbeke-MelleGround area
2,448 m²
Building footprint
764 m²
Volume, LiDAR
9,471 m³
Parcel 44040D0127/00B002, Flanders · tallest building 16.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Bird Larsen
since 20212.321.833.570
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44040D0127/00B002 | Flanders | 2,448 m² | 1 · 764 m² | 16.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 25,165 EUR awarded · 25,570 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 25,000 EUR | 25,000 EUR |
| 2023 | 1 | 0 EUR | 405 EUR |
| 2022 | 1 | 165 EUR | 165 EUR |
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,333 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-09-2021
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.