C-FINE
ActiveC-FINE has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €57k and a net result of €-3k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 66% of 3020 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-17
Solvency67▼-8
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity short (current ratio 0.87 against 1.47 in 2023), and 53% 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.
−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 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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 2024Solvency, return and age of the figures
Solvency
47%
Return on assets
-2.1%
Age of the figures
20 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
21 d early
2022
32 d early
2021
23 d early
2020
36 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€57k▼ 4.4%
2023 · €60k
2018: €19k
2019: €40k
2020: €51k
2021: €44k
2022: €58k
2023: €60k
2018 → 2024
Total assets
€122k▼ 14.7%
2023 · €143k
2018: €71k
2019: €87k
2020: €85k
2021: €66k
2022: €125k
2023: €143k
2018 → 2024
Net result
€-3k
2023 · €2k
2018: €2k
2019: €20k
2020: €12k
2021: €-7k
2022: €14k
2023: €2k
2018 → 2024
Working capital
€-4k
2023 · €14k
2018: €5k
2019: €25k
2020: €37k
2021: €29k
2022: €16k
2023: €14k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€51k-€44k▼ 13.9%€58k▲ 31.2%€60k▲ 3.4%€57k▼ 4.4%
Operating result€13k-€-5k€16k€5k▼ 66.4%€146▼ 97.3%
Net result€12k-€-7k€14k€2k▼ 85.6%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 97% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €122k
Fixed assets
€98k▼ 3.3%
Current assets
€25k▼ 41.9%
Equity and liabilities €122k
Equity
€57k▼ 4.4%
Debt
€65k▼ 22.2%
The debt ratio falls from 58.1% to 53.0%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€24k▼
2023 · €27k
Cash flow
€21k▼
2023 · €23k
Solvency
47.0%▲
2023 · 41.9%
Current ratio
0.87▼
2023 · 1.47
Quick ratio
0.87▼
2023 · 1.47
Debt / equity
1.13▼
2023 · 1.39
ROE
-4.6%▼
2023 · 3.3%
ROA
-2.1%▼
2023 · 1.4%
Interest coverage
8.37▼
2023 · 9.30
Debt
€65k▼
2023 · €83k
Debt ≤ 1 year
€28k▼
2023 · €29k
Debt > 1 year
€35k▼
2023 · €53k
Income taxes
€14▼
2023 · €593
Staff costs
€12k▼
2023 · €13k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€143k€122k▼
Fixed assets21/28€101k€98k▼
Tangible fixed assets22/27€101k€97k▼
Plant, machinery and equipment23€19k€21k▲
Furniture and vehicles24€39k€37k▼
Other tangible fixed assets26€43k€40k▼
Financial fixed assets28€159€159=
Current assets29/58€42k€25k▼
Amounts receivable within one year40/41€3k€975▼
Trade receivables40-€484
Other amounts receivable41€3k€491▼
Cash at bank and in hand54/58€37k€21k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€143k€122k▼
Equity10/15€60k€57k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€52k€49k▼
Amounts payable17/49€83k€65k▼
Amounts payable after more than one year17€53k€35k▼
Financial debts170/4€53k€35k▼
Amounts payable within one year42/48€29k€28k▼
Current portion of amounts payable after more than one year42€17k€17k▲
Trade debts44€12k€11k▼
Suppliers440/4€12k€11k▼
Taxes, remuneration and social security45€360-
Taxes450/3€360-
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20232024
Remuneration, social security and pensions62€13k€12k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€24k▲
Other operating charges640/8€633€623▼
Non-recurring operating charges66A€976-
Gross operating margin9900€42k€37k▼
Operating profit (loss)9901€5k€146▼
Financial income75/76B€79€126▲
Recurring financial income75€79€126▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€3k€-3k▼
Income taxes67/77€593€14▼
Profit (loss) for the period9904€2k€-3k▼
Profit (loss) for the period to be appropriated9905€2k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€49k▼
Profit (loss) brought forward from the previous period14P€50k€52k▲
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
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
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.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-7k ▼161%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €20k ▲1148%
Operating result €29k, net result €20k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Malle · 1 establishment unit since 2015
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.
Pastoor Van den Eyndelaan 42390 MalleGround area
3,501 m²
Building footprint
3,321 m²
Volume, LiDAR
16,275 m³
2 parcels, Flanders · tallest building 18.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Crossfit Malle
since 20152.238.740.796
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11049A0324/00Z002 | Flanders | 2,860 m² | 1 · 3,196 m² | 18.9 m · 2 fl. |
| 11049B0673/00B000 | Flanders | 641 m² | 1 · 125 m² | - |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 3,282 companies in sector 93110 we hold annual accounts for 1,488. 1,008 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2015
Fiscal year end31-12
Activities, NACEBEL
93110Operation of sports facilities
93130Fitness centres
85510Sports and recreation education
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.