Business-Locks
ActiveSummary
The computed 12-month bankruptcy probability of Business-Locks is 3.0% (moderate). The 2025 annual accounts show equity of €2k and a net result of €-663. Equity is shrinking by ~24.4% per year across the filed fiscal years. Its solvency ranks better than 12% of 27786 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
27
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▼-10
Solvency32▼-1
Growth32=
Track record94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.62 against 1.09 in 2024; short-term debt: 93.4% and cash: 0% of total assets), and 93.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · 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 · 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
6.6%
Return on assets
-1.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
27 d late
2024
60 d late
2023
28 d early
2022
129 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€2k▼ 22.6%
2024 · €3k
2022: €6k
2023: €3k
2024: €3k
2022 → 2025
Total assets
€34k▼ 2.6%
2024 · €35k
2022: €18k
2023: €31k
2024: €35k
2022 → 2025
Net result
€-663▼ 155%
2024 · €-260
2022: €3k
2023: €-2k
2024: €-260
2022 → 2025
Working capital
€-12k
2024 · €3k
2022: €5k
2023: €3k
2024: €3k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€6k-€3k▼ 43.6%€3k▼ 8.1%€2k▼ 22.6%
Operating result€4k-€-2k€-131▲ 94.1%€-709▼ 443%
Net result€3k-€-2k€-260▲ 89.5%€-663▼ 155%
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 €709 in 2025 against €131 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€15k ▲ 57,167%
Current assets
€20k ▼ 43.7%
Equity and liabilities €34k
Equity
€2k ▼ 22.6%
Debt
€32k ▼ 0.8%
Debt's share of the balance-sheet total rises from 91.7% to 93.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-684▼
2024 · €134
Cash flow
€-638▼
2024 · €4
Current ratio
0.62▼
2024 · 1.09
Quick ratio
0.60▼
2024 · 1.09
Debt to equity
14.08▲
2024 · 10.98
ROE
-29.1%▼
2024 · -8.9%
ROA
-1.9%▼
2024 · -0.7%
Interest coverage
-2.28▼
2024 · 0.99
Debt ≤ 1 year
€32k▼
2024 · €32k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€35k€34k▼
Fixed assets21/28€25€15k▲
Tangible fixed assets22/27€25€15k▲
Furniture and vehicles24€25€15k▲
Current assets29/58€35k€20k▼
Stocks and contracts in progress3-€600
Stocks30/36-€600
Amounts receivable within one year40/41€33k€13k▼
Trade receivables40€19k€3k▼
Other amounts receivable41€14k€10k▼
Cash at bank and in hand54/58€2k€3▼
Deferred charges and accrued income490/1-€6k
Equity and liabilities
Total equity and liabilities10/49€35k€34k▼
Equity10/15€3k€2k▼
Contributions10/11€3k€3k=
Reserves13€3k€3k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€-3k€-3k▼
Amounts payable17/49€32k€32k▼
Amounts payable within one year42/48€32k€32k▼
Trade debts44€31k€28k▼
Suppliers440/4€31k€28k▼
Taxes, remuneration and social security45€889€889=
Taxes450/3€889€889=
Other amounts payable47/48-€4k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€264€25▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-14k-
Other operating charges640/8€265€144▼
Gross operating margin9900€-14k€-540▲
Operating profit (loss)9901€-131€-709▼
Financial income75/76B€5€347▲
Recurring financial income75€5€347▲
Financial charges65/66B€135€300▲
Recurring financial charges65€135€300▲
Profit (loss) for the period before taxes9903€-260€-663▼
Profit (loss) for the period9904€-260€-663▼
Profit (loss) for the period to be appropriated9905€-260€-663▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-3k▼
Profit (loss) brought forward from the previous period14P€-2k€-3k▼
The notes to these accounts (5 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
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-2k ▼193%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
07-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 129 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lebbeke · 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.
Potaardestraat 629280 LebbekeGround area
1,231 m²
Building footprint
140 m²
Volume, LiDAR
657 m³
Parcel 42011B1077/00T000, Flanders · tallest building 7.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Business-Locks
since 20212.326.117.903
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42011B1077/00T000 | Flanders | 1,230 m² | 1 · 140 m² | 7.8 m · 1 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
Zorgpraktijk 't Pincetje Martens Ellen
BE 0778.361.949
Sint-Truiden · Eq €2,277
MJ-TECH
BE 0686.570.651
Chaumont-Gistoux · Eq €2,268
D & M Electrical Solutions
BE 0887.576.130
Pelt · Eq €2,267
S.G.A. ELECTRICITE
BE 0478.652.933
Tubize · Eq €2,263
STELEKTRO
BE 0473.340.994
Zoersel · Eq €2,288
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 2,021 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.