BUSINESSWISE
ActiveBUSINESSWISE has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €-19k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 67% of 249 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability3▼-8
Solvency88▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.12 against 0.78 in 2024; short-term debt: 14.4% and cash: 0% of total assets), and 36.9% 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 · 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
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
63.1%
Return on assets
-13%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 80
Relative position
BE, all sectors
reference
Sector 80
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-19k
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
58 d early
2023
56 d early
2022
55 d early
2021
54 d early
2020
53 d early
2019
52 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€91k▼ 17.1%
2024 · €110k
2018: €39k
2019: €8k
2020: €63k
2021: €110k
2022: €139k
2023: €119k
2024: €110k
2018 → 2025
Total assets
€144k▼ 0.1%
2024 · €144k
2018: €188k
2019: €201k
2020: €188k
2021: €197k
2022: €186k
2023: €159k
2024: €144k
2018 → 2025
Net result
€-19k▼ 108%
2024 · €-9k
2018: €-30k
2019: €-31k
2020: €55k
2021: €47k
2022: €28k
2023: €-20k
2024: €-9k
2018 → 2025
Working capital
€-18k▼ 3,643%
2024 · €-490
2018: €-1k
2019: €-30k
2020: €17k
2021: €35k
2022: €29k
2023: €8k
2024: €-490
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€110k-€139k▲ 25.5%€119k▼ 14.4%€110k▼ 7.6%€91k▼ 17.1%
Operating result€48k-€32k▼ 33.4%€-19k€-9k▲ 55.6%€-18k▼ 111%
Net result€47k-€28k▼ 40.7%€-20k€-9k▲ 54.9%€-19k▼ 108%
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 €18k in 2025 against €9k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €144k
Fixed assets
€142k▼ 0.6%
Current assets
€2k▲ 42.1%
Equity and liabilities €144k
Equity
€91k▼ 17.1%
Debt
€53k▲ 53.5%
The debt ratio rises from 24.0% to 36.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-17k▼
2024 · €-8k
Cash flow
€-18k▼
2024 · €-8k
Solvency
63.1%▼
2024 · 76.0%
Current ratio
0.12▼
2024 · 0.78
Quick ratio
0.12▼
2024 · 0.78
Debt / equity
0.59▲
2024 · 0.32
ROE
-20.6%▼
2024 · -8.2%
ROA
-13.0%▼
2024 · -6.2%
Interest coverage
-34.69▼
2024 · -28.82
Debt
€53k▲
2024 · €35k
Debt ≤ 1 year
€21k▲
2024 · €2k
Debt > 1 year
€33k=
2024 · €33k
Income taxes
€176▲
2024 · €174
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€144k€144k▼
Fixed assets21/28€143k€142k▼
Tangible fixed assets22/27€142k€141k▼
Land and buildings22€133k€133k=
Other tangible fixed assets26€9k€8k▼
Financial fixed assets28€872€872=
Current assets29/58€2k€2k▲
Amounts receivable within one year40/41€622€2k▲
Other amounts receivable41€622€2k▲
Cash at bank and in hand54/58€487€0▼
Deferred charges and accrued income490/1€587€621▲
Equity and liabilities
Total equity and liabilities10/49€144k€144k▼
Equity10/15€110k€91k▼
Contributions10/11€62k€62k=
Outside capital11€62k€62k=
Other1109/19€62k€62k=
Reserves13€48k€29k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€41k€23k▼
Amounts payable17/49€35k€53k▲
Amounts payable after more than one year17€33k€33k=
Financial debts170/4€0-
Other amounts payable178/9€33k€33k=
Amounts payable within one year42/48€2k€21k▲
Financial debts43-€19k
Credit institutions430/8-€19k
Trade debts44€916€214▼
Suppliers440/4€916€214▼
Taxes, remuneration and social security45€174€351▲
Taxes450/3€174€351▲
Other amounts payable47/48€1k€730▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€878€878=
Other operating charges640/8€852€1k▲
Gross operating margin9900€-7k€-16k▼
Operating profit (loss)9901€-9k€-18k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€266€495▲
Recurring financial charges65€266€495▲
Profit (loss) for the period before taxes9903€-9k€-19k▼
Income taxes67/77€174€176▲
Profit (loss) for the period9904€-9k€-19k▼
Profit (loss) for the period to be appropriated9905€-9k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-19k▼
Transfer from equity791/2€9k€19k▲
The notes to these accounts (9 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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €110k ▲75.1%
2 profitable years in a row build equity to €110k.
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €55k
Net result €55k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.69
Current ratio from 0.58 to 1.69; short-term debt falls from €72k to €25k.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Brasschaat · 1 establishment unit since 1986
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.
Martouginlei 1322930 BrasschaatGround area
5,974 m²
Building footprint
523 m²
Volume, LiDAR
2,165 m³
Parcel 11324D0059/00E004, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BUSINESSWISE
since 19862.035.490.164
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11324D0059/00E004 | Flanders | 5,974 m² | 1 · 523 m² | 7.0 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
Crime Control
BE 0465.314.443
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M SAFETY
BE 0550.489.747
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TEAM SECURITY
BE 0862.376.124
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ESG Security
BE 0477.649.675
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MEDIAR
BE 0450.181.354
Gent · Eq €88k
Of 700 companies in sector 80010 we hold annual accounts for 349. 266 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-08-1986
Fiscal year end31-12
Activities, NACEBEL
74601
80010Investigation and private security services
80100Investigation and security activities
Sources
Crossroads Bank for EnterprisesNational Bank · 37 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.