Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of BY-OCTO is 5.6% (elevated). The 2025 annual accounts show negative equity (€-180k) and a net result of €-110k. Its solvency ranks better than 5% of 185 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone5.6%
Elevated
0%0,5%1,5%4%10%≥25%
Young company
+Annual accounts: weaker financial profile
+Higher-failure-rate region
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-03. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-03-2025, that is 31-10-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-03-2025 | 31-10-2025 | 31-10-2025 | on the day | 2025-00559747 |
| 31-03-2024 | 31-10-2024 | 31-10-2024 | on the day | 2024-00531152 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-110k+59.3%
Working capital€-194k-69.0%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 31-10-2025 with the NBB · fiscal year 2025 · volledig
Sector comparison
Fiscal year 2025 · NACE 46, Wholesale trade · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -95.7% | 42.6% | |
| Net result | €-110k | €159k | |
| Equity | €-180k | €1.19M | |
| Gross operating margin | €-58k | €188k | |
| Staff costs | €17k | €761k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-79k
+64.0%
24-25
€-110k
+59.3%
24-25
€-92k
+60.2%
24-25
€188k
-35.1%
24-25
€-180k
-157.2%
24-25
€-194k
-69.0%
24-25
1
-36.4%
24-25
€17k
-55.4%
24-25
€368k
+2.3%
24-25
€347k
-1.2%
24-25
0.44
-34.5%
24-25
0.26
-34.6%
24-25
-95.7%
-296.1%
24-25
-2.04
+60.2%
24-25
61.1%
-84.2%
24-25
-58.5%
+37.3%
24-25
-6.07
+65.4%
24-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €-79k |
| Net profit | €-110k |
| Cash flow | €-92k |
| Staff costs | €17k |
| Income taxes | - |
| Dividends | - |
| Total assets | €188k |
| Equity | €-180k |
| Debt | €368k |
| of which ≤ 1y | €347k |
| of which > 1y | - |
| Working capital | €-194k |
| Employees (FTE) | 0.7 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.44 |
| Quick ratio | 0.26 |
| Working capital ratio | -103.4% |
| Solvency | -95.7% |
| Debt / equity | -2.04 |
| Long-term debt ratio | - |
| Interest coverage | -6.07 |
| Gross margin | - |
| Net margin | - |
| ROA | -58.5% |
| ROE | 61.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €188k |
| Fixed assets | 21/28 | €35k |
| Intangible fixed assets | 21 | €30k |
| Tangible fixed assets | 22/27 | €5k |
| Current assets | 29/58 | €153k |
| Stocks & contracts in progress | 3 | €63k |
| Amounts receivable within one year | 40/41 | €59k |
| Cash & bank | 54/58 | €31k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €188k |
| Equity | 10/15 | €-180k |
| Contributions / capital | 10/11 | €200k |
| Accumulated profits (losses) | 14 | €-380k |
| Amounts payable | 17/49 | €368k |
| Amounts payable within one year | 42/48 | €347k |
| Trade debts payable within one year | 44 | €17k |
| Income statement | ||
| Gross operating margin | 9900 | €-58k |
| Operating result | 9901 | €-97k |
| Financial charges | 65 | €13k |
| Result before taxes | 9903 | €-110k |
| Net result for the period | 9904 | €-110k |
| Result to be appropriated | 9905 | €-110k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed15
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Structure & network
Connections & network
7 connected companiesNetwork connections
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Tervurenlaan 2491150 Sint-Pieters-WoluweEstablishment units
1 locationBY-OCTO
since 20222.334.071.804
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area5,037 m²
Buildings2
Building footprint1,004 m²
Volume (LiDAR)24,819 m³
Tallest building30.4 m · ±9 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0201/00H007 | Brussels | 4,814 m² | 1 · 878 m² | 30.4 m · 9 fl. |
| 21019A0215/00D007 | Brussels | 222 m² | 1 · 127 m² | 25.7 m · 7 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
2 acts Address history · 1
02-12-2025
v3.2
All acts · 2
updated 8 months ago
2025
02-12-2025 Registered office moved within Bruxelles
- Avenue de Tervueren 197, 1150 Bruxelles → Avenue de Tervueren 249, 1150 Bruxelles
Summary:
v3.2
2022
15-07-2022 Incorporation of a new SRL
Summary:
oprichting
Analysis
Snowflake analysis
financial profile on 5 axes60
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
15
Profitability
100
Solvency
33
Growth
58
Stability
94
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soonAI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorWe hold annual accounts for 7 of the 117 companies in this sector. 1 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Groothandel in lederwaren en reisartikelen46498Groothandel in lederwaren en reisartikelen46498Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires in gespecialiseerde winkels (algemeen assortiment)47716Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)47716Groothandel in kantoor- en schoolbenodigdheden46492Groothandel in kantoor- en schoolbenodigdheden46492Detailhandel in overig textiel in gespecialiseerde winkels47519Detailhandel in overig textiel47519Detailhandel in lederwaren en reisartikelen in gespecialiseerde winkels47722Detailhandel in lederwaren en reisartikelen47722
Primary activity highlighted.
Names & trade names
| Legal nameFR | BY-OCTO |
Registered office
Tervurenlaan 249 bus A
1150 Sint-Pieters-Woluwe, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.