Bright Roads is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €11.45M and a net result of €-132k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 71% of 2777 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
48 d early
2023
47 d early
2022
41 d early
2021
47 d early
2020
43 d early
2019
46 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Equity
€11.45M▼ 1.1%
2023 · €11.58M
2018: €6.25M
2019: €6.79M
2020: €7.60M
2021: €10.29M
2022: €10.81M
2023: €11.58M
2018 → 2024
Net result
€-132k
2023 · €774k
2018: €245k
2019: €542k
2020: €1.69M
2021: €2.69M
2022: €671k
2023: €774k
2018 → 2024
Total assets
€14.16M▲ 7.3%
2023 · €13.20M
2018: €12.19M
2019: €12.53M
2020: €13.00M
2021: €15.32M
2022: €14.22M
2023: €13.20M
2018 → 2024
Solvency
80.9%▼ 6.9pp
2023 · 87.8%
2018: 51.3%
2019: 54.2%
2020: 58.4%
2021: 67.1%
2022: 76.0%
2023: 87.8%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€1.54M€1.84M▲ 19.2%
Equity€7.60M-€10.29M▲ 35.4%€10.81M▲ 5.1%€11.58M▲ 7.2%€11.45M▼ 1.1%
Operating result€145k-€386k▲ 166%€306k▼ 20.7%€252k▼ 17.6%€-126k
Net result€1.69M-€2.69M▲ 59.4%€671k▼ 75.1%€774k▲ 15.3%€-132k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €126k after €252k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €14.16M
Fixed assets
€13.72M▲ 10.3%
Current assets
€444k▼ 41.3%
Equity and liabilities €14.16M
Equity
€11.45M▼ 1.1%
Debt
€2.71M▲ 68.1%
The debt ratio rises from 12.2% to 19.1%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
80.9%▼
2023 · 87.8%
ROE
-1.2%▼
2023 · 6.7%
ROA
-0.9%▼
2023 · 5.9%
Debt
€2.71M▲
2023 · €1.61M
Debt ≤ 1 year
€2.71M▲
2023 · €1.59M
Income taxes
€792▼
2023 · €28k
Staff costs
€1.08M▲
2023 · €800k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€13.20M€14.16M▲
Fixed assets21/28€12.44M€13.72M▲
Tangible fixed assets22/27-€32k
Furniture and vehicles24-€32k
Financial fixed assets28€12.44M€13.69M▲
Affiliated companies280/1€12.44M€13.69M▲
Participating interests280€12.44M€13.69M▲
Other financial fixed assets284/8€825€1k▲
Amounts receivable and cash guarantees285/8€825€1k▲
Current assets29/58€755k€444k▼
Amounts receivable within one year40/41€488k€375k▼
Trade receivables40€488k€271k▼
Other amounts receivable41-€104k
Cash at bank and in hand54/58€261k€51k▼
Deferred charges and accrued income490/1€6k€17k▲
Equity and liabilities
Total equity and liabilities10/49€13.20M€14.16M▲
Equity10/15€11.58M€11.45M▼
Contributions10/11€5.87M€5.87M=
Capital10€5.87M€5.87M=
Issued capital100€5.87M€5.87M=
Reserves13€331k€331k=
Non-distributable reserves130/1€331k€331k=
Legal reserve130€331k€331k=
Profit (loss) carried forward14€5.38M€5.25M▼
Amounts payable17/49€1.61M€2.71M▲
Amounts payable within one year42/48€1.59M€2.71M▲
Current portion of amounts payable after more than one year42€299k-
Financial debts43-€71k
Credit institutions430/8-€71k
Trade debts44€536k€179k▼
Suppliers440/4€536k€179k▼
Taxes, remuneration and social security45€135k€520k▲
Taxes450/3€50k€42k▼
Remuneration and social security454/9€84k€478k▲
Other amounts payable47/48€616k€1.94M▲
Accrued charges and deferred income492/3€27k-
Income statement
Code20232024
Operating income70/76A€1.85M€2.18M▲
Turnover70€1.54M€1.84M▲
Other operating income74€303k€314k▲
Non-recurring operating income76A-€23k
Operating charges60/66A€1.59M€2.30M▲
Services and other goods61€794k€846k▲
Remuneration, social security and pensions62€800k€1.08M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5k
Other operating charges640/8€40€525▲
Non-recurring operating charges66A-€368k
Operating profit (loss)9901€252k€-126k▼
Financial income75/76B€719k€12k▼
Recurring financial income75€719k€12k▼
Income from financial fixed assets750€596k-
Income from current assets751€24k-
Other financial income752/9€99k€12k▼
Financial charges65/66B€168k€17k▼
Recurring financial charges65€168k€17k▼
Debt charges650€12k-
Other financial charges652/9€157k€17k▼
Profit (loss) for the period before taxes9903€803k€-131k▼
Income taxes67/77€28k€792▼
Taxes670/3€28k€792▼
Profit (loss) for the period9904€774k€-132k▼
Profit (loss) for the period to be appropriated9905€774k€-132k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5.42M€5.25M▼
Profit (loss) brought forward from the previous period14P€4.65M€5.38M▲
Transfer to equity691/2€39k-
To the legal reserve6920€39k-
Social balance
Average headcount (FTE)90874.56.0▲
The notes to these accounts (34 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-132k ▼117%
Net result drops to €-132k, the lowest in the series.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €2.69M ▲59.4%
Operating result €386k, net result €2.69M, both a record.
31-12
Financial
Equity above €10MEq €10.29M ▲35.4%
4 profitable years in a row build equity to €10.29M.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity triplescurrent ratio 1.31
Current ratio from 0.51 to 1.31.
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-01
State Gazette act
General meeting · Director resignation
Director appointment · Statutes amendment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-11-2025
Tim Davis: Resigned as Daily management
21-11-2024
Linda Danielson: Resigned as Director
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2017
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.
Avenue Provinciale 301341 Ottignies-Louvain-la-NeuveGround area
1.1 ha
Building footprint
306 m²
Parcel 25016A0056/00E000, Wallonia. Linked by address, not a title deed.
1 establishment unit
IDDI Group
since 20172.268.408.544
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25016A0056/00E000 | Wallonia | 1.1 ha | 1 · 306 m² | - |
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.
Statutory auditor
4 auditors| Actria Statutory auditor | - → 03-11-2025 |
Show 3 earlier auditors
| Clinimetrics Statutory auditor | - → 03-11-2025 |
| Henri TASSENOY Statutory auditor | - → 03-11-2025 |
| Sparaxis Statutory auditor | - → 03-11-2025 |
Structure & network
Ownership & control
1 partyBright RoadsBE 0680.861.014
controls
Where this company holds controlthis company sits on their board1
1 location
Recognitions · licences · registrations
Legal Entity Identifier
875500FPLYATYY0EC937
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PAESEN VASTGOED
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 5,656 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-09-2017
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.