BULLET
ActiveBULLET has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.07M and a net result of €500k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 46% of 8592 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+50
Solvency66▲+28
Growth63▲+17
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity short (current ratio 0.81 against 0.1 in 2024), and 52.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
47.5%
Return on assets
22.2%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 10 filingsDeviation from the deadline
2025
26 d late
2024
27 d early
2023
41 d early
2022
21 d early
2021
38 d early
2020
18 d early
2019
37 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€102k=
2023 · €102k
2022: €102k
2023: €102k
2022 → 2024
EBIT margin
40.3%▲ 12.6pp
2023 · 27.7%
2022: 55.4%
2023: 27.7%
2022 → 2024
Net result
€500k▲ 11,573%
2024 · €4k
2018: €16k
2019: €38k
2020: €36k
2021: €36k
2022: €32k
2023: €3k
2024: €4k
2018 → 2025
Working capital
€-113k▲ 77.7%
2024 · €-506k
2018: €25k
2019: €61k
2020: €-902k
2021: €131k
2022: €163k
2023: €166k
2024: €-506k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€102k€102k=€102k=
Equity€532k-€564k▲ 6.0%€567k▲ 0.6%€572k▲ 0.8%€1.07M▲ 87.4%
Operating result€62k-€56k▼ 9.5%€28k▼ 50.0%€41k▲ 45.5%€28k▼ 31.4%
Net result€36k-€32k▼ 12.0%€3k▼ 89.3%€4k▲ 26.3%€500k▲ 11,573%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.25M
Fixed assets
€1.77M=
Current assets
€479k▲ 741%
Equity and liabilities €2.25M
Equity
€1.07M▲ 87.4%
Debt
€1.18M▼ 6.2%
The debt ratio falls from 68.8% to 52.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€29k▼
2024 · €42k
Cash flow
€500k▲
2024 · €5k
Solvency
47.5%▲
2024 · 31.2%
Current ratio
0.81▲
2024 · 0.10
Quick ratio
0.81▲
2024 · 0.10
Debt / equity
1.10▼
2024 · 2.20
ROE
46.6%▲
2024 · 0.7%
ROA
22.2%▲
2024 · 0.2%
Interest coverage
1.01▼
2024 · 1.24
Debt
€1.18M▼
2024 · €1.26M
Debt ≤ 1 year
€592k▲
2024 · €563k
Debt > 1 year
€591k▼
2024 · €697k
Income taxes
€432▼
2024 · €3k
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€1.83M€2.25M▲
Fixed assets21/28€1.78M€1.77M=
Tangible fixed assets22/27€632€259▼
Furniture and vehicles24€205€0▼
Other tangible fixed assets26€427€259▼
Financial fixed assets28€1.77M€1.77M=
Current assets29/58€57k€479k▲
Amounts receivable within one year40/41€6k€10k▲
Trade receivables40€0€10k▲
Other amounts receivable41€6k€10▼
Cash at bank and in hand54/58€51k€456k▲
Deferred charges and accrued income490/1€0€13k▲
Equity and liabilities
Total equity and liabilities10/49€1.83M€2.25M▲
Equity10/15€572k€1.07M▲
Contributions10/11€397k€397k=
Capital10€397k€397k=
Issued capital100€397k€397k=
Reserves13€167k€167k=
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Distributable reserves133€155k€155k=
Profit (loss) carried forward14€7k€507k▲
Amounts payable17/49€1.26M€1.18M▼
Amounts payable after more than one year17€697k€591k▼
Financial debts170/4€697k€591k▼
Amounts payable within one year42/48€563k€592k▲
Current portion of amounts payable after more than one year42€103k€106k▲
Trade debts44€3k€756▼
Suppliers440/4€3k€756▼
Taxes, remuneration and social security45€10k€37k▲
Taxes450/3€8k€10k▲
Remuneration and social security454/9€2k€27k▲
Other amounts payable47/48€448k€447k▼
Income statement
Code20242025
Turnover70€102k-
Non-recurring operating income76A€1-
Goods, raw materials, services and sundry goods60/61€63k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€373▼
Other operating charges640/8-€108
Non-recurring operating charges66A€106€0▼
Gross operating margin9900€42k€29k▼
Operating profit (loss)9901€41k€28k▼
Financial income75/76B-€500k
Recurring financial income75-€500k
Financial charges65/66B€34k€28k▼
Recurring financial charges65€34k€28k▼
Profit (loss) for the period before taxes9903€7k€500k▲
Income taxes67/77€3k€432▼
Profit (loss) for the period9904€4k€500k▲
Profit (loss) for the period to be appropriated9905€4k€500k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€507k▲
Profit (loss) brought forward from the previous period14P€7k€7k=
Transfer to equity691/2€4k€0▼
To the legal reserve6920€1k€0▼
To other reserves6921€3k€0▼
The notes to these accounts (8 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial
Highest result since 2018net €500k ▲11573%
Net result €500k, the highest in the series.
31-12
Financial
Equity above €1MEq €1.07M ▲87.4%
8 profitable years in a row build equity to €1.07M.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €3k ▼89.3%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity times 178current ratio 18.74
Current ratio from 0.11 to 18.74; short-term debt falls from €1.01M to €7k.
31-12
Financial
Equity above €500kEq €532k ▲7.3%
4 profitable years in a row build equity to €532k.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity quadruplescurrent ratio 9.30
Current ratio from 2.40 to 9.30; short-term debt falls from €18k to €7k.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Ukkel · 1 establishment unit since 2018
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.
Alsembergsesteenweg 4351180 UkkelGround area
950 m²
Building footprint
134 m²
Volume, LiDAR
769 m³
Parcel 21616A0267/00A036, Brussels · tallest building 12.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BULLET
since 20182.289.428.246
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616A0267/00A036 | Brussels | 950 m² | 1 · 134 m² | 12.2 m · 2 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.
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CECOGEST
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DESIX
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Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 27,010 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-07-2007
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:egilain@outlook.com