BSD Service
ActiveThe computed 12-month bankruptcy probability of BSD Service is 4.9% (elevated). The 2025 annual accounts show negative equity (€-40k) and a net result of €-20k. Equity is shrinking by ~115.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 27711 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
13
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
4.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.14 against 0.69 in 2024; short-term debt: 386.2% and cash: 0% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-394%
Return on assets
-194.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-40k
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
27 d late
2024
1 d early
2023
2 d early
2022
9 d early
2021
10 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, micro schema
Equity
€-40k▼ 97.6%
2024 · €-20k
2021: €115
2022: €15k
2023: €-4k
2024: €-20k
2021 → 2025
Total assets
€10k▼ 78.9%
2024 · €48k
2021: €62k
2022: €122k
2023: €101k
2024: €48k
2021 → 2025
Net result
€-20k▼ 21.0%
2024 · €-16k
2021: €-2k
2022: €14k
2023: €-18k
2024: €-16k
2021 → 2025
Working capital
€-33k▼ 94.2%
2024 · €-17k
2021: €115
2022: €17k
2023: €-10k
2024: €-17k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€115-€15k▲ 12,503%€-4k€-20k▼ 418%€-40k▼ 97.6%
Operating result€-2k-€18k€-14k€-11k▲ 21.6%€-17k▼ 59.7%
Net result€-2k-€14k€-18k€-16k▲ 11.8%€-20k▼ 21.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17k in 2025 against €11k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10k
Fixed assets
€5k▼ 53.2%
Current assets
€6k▼ 85.5%
Key figures and ratios
EBITDA
€-14k▼
2024 · €-8k
Cash flow
€-17k▼
2024 · €-13k
Solvency
-394.0%▼
2024 · -42.0%
Current ratio
0.14▼
2024 · 0.69
Quick ratio
0.14▼
2024 · 0.69
Debt / equity
-1.25▲
2024 · -3.38
ROA
-194.7%▼
2024 · -33.9%
Interest coverage
-6.02▼
2024 · -1.48
Debt
€50k▼
2024 · €68k
Debt ≤ 1 year
€39k▼
2024 · €55k
Debt > 1 year
€10k▼
2024 · €12k
Staff costs
€-528▼
2024 · €41k
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€48k€10k▼
Fixed assets21/28€10k€5k▼
Tangible fixed assets22/27€7k€4k▼
Furniture and vehicles24€0-
Leasing and similar rights25€6k€4k▼
Other tangible fixed assets26€508€438▼
Financial fixed assets28€3k€381▼
Current assets29/58€38k€6k▼
Amounts receivable within one year40/41€34k€5k▼
Trade receivables40€33k€2k▼
Other amounts receivable41€934€3k▲
Cash at bank and in hand54/58€3k€0▼
Deferred charges and accrued income490/1€2k€297▼
Equity and liabilities
Total equity and liabilities10/49€48k€10k▼
Equity10/15€-20k€-40k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-23k€-42k▼
Amounts payable17/49€68k€50k▼
Amounts payable after more than one year17€12k€10k▼
Financial debts170/4€12k€10k▼
Amounts payable within one year42/48€55k€39k▼
Current portion of amounts payable after more than one year42€2k€2k▲
Financial debts43€23k€25k▲
Credit institutions430/8€23k€25k▲
Trade debts44€23k€321▼
Suppliers440/4€23k€321▼
Taxes, remuneration and social security45€2k€55▼
Taxes450/3€2k€55▼
Remuneration and social security454/9€0-
Other amounts payable47/48€5k€11k▲
Accrued charges and deferred income492/3€443€1,000▲
Income statement
Code20242025
Remuneration, social security and pensions62€41k€-528▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€598€-598▼
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A€2k€311▼
Gross operating margin9900€37k€-14k▼
Operating profit (loss)9901€-11k€-17k▼
Financial income75/76B€1€3▲
Recurring financial income75€1€3▲
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€-16k€-20k▼
Profit (loss) for the period9904€-16k€-20k▼
Profit (loss) for the period to be appropriated9905€-16k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-42k▼
Profit (loss) brought forward from the previous period14P€-6k€-23k▼
Transfer from equity791/2€0-
The notes to these accounts (13 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-20k
Net result drops to €-20k, the lowest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zelzate · 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.
Westkade 149060 ZelzateGround area
94 m²
Building footprint
94 m²
Volume, LiDAR
729 m³
Parcel 43018A0543/00L000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BSD Service
since 20212.319.917.425
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43018A0543/00L000 | Flanders | 94 m² | 1 · 94 m² | 10.8 m · 3 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.
Similar companies · same sector, comparable size
ECOBAT
BE 0839.973.478
Binche · Eq €15k
JCP-Electricité
BE 0792.277.192
Incourt · Eq €14k
JL-V SERVICE
BE 1006.569.889
Pelt · Eq €14k
A.S.C.O. Elektriciteitswerken
BE 0899.306.794
Heusden-Zolder · Eq €15k
ATN Smart Energy
BE 0677.627.251
Gesves · Eq €14k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 6,489 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-05-2021
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:bsd.service2020@gmail.com
Phone:0487/28.10.24