Summary
C.G.P.A. is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €732k and a net result of €435k. Equity is growing by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 73% of 1475 sector peers (fiscal year 2025). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 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 · 10 filingsDeviation from the deadline
2025
48 d late
2024
8 d late
2023
1 d early
2022
32 d late
2021
20 d early
2020
25 d early
2019
35 d early
← 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, abbreviated schema
Equity
€732k▲ 203%
2024 · €242k
2018: €167k
2019: €93k
2020: €86k
2021: €108k
2022: €178k
2023: €257k
2024: €242k
2018 → 2025
Net result
€435k▲ 124%
2024 · €194k
2018: €55k
2019: €72k
2020: €74k
2021: €91k
2022: €71k
2023: €130k
2024: €194k
2018 → 2025
Total assets
€1.10M▲ 31.6%
2024 · €837k
2018: €500k
2019: €682k
2020: €614k
2021: €856k
2022: €721k
2023: €763k
2024: €837k
2018 → 2025
Solvency
66.4%▲ 37.6pp
2024 · 28.9%
2018: 33.4%
2019: 13.7%
2020: 14.0%
2021: 12.6%
2022: 24.7%
2023: 33.7%
2024: 28.9%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€108k-€178k▲ 65.6%€257k▲ 44.4%€242k▼ 6.1%€732k▲ 203%
Operating result€127k-€114k▼ 10.4%€182k▲ 60.3%€278k▲ 52.4%€602k▲ 117%
Net result€91k-€71k▼ 22.7%€130k▲ 84.4%€194k▲ 49.2%€435k▲ 124%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 117% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.10M
Fixed assets
€199k ▼ 15.8%
Current assets
€903k ▲ 50.2%
Equity and liabilities €1.10M
Equity
€732k ▲ 203%
Provisions
€11k ▼ 24.6%
Debt
€358k ▼ 38.3%
Debt's share of the balance-sheet total falls from 69.4% to 32.5%. Equity is higher and debt is lower.
Key figures and ratios
ROE
59.4%▼
2024 · 80.4%
ROA
39.5%▲
2024 · 23.2%
Debt ≤ 1 year
€217k▼
2024 · €372k
Debt > 1 year
€114k▼
2024 · €166k
Income taxes
€172k▲
2024 · €83k
Staff costs
€512k▲
2024 · €457k
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 · 63 lines
Balance sheet
Code20242025
Assets
Total assets20/58€837k€1.10M▲
Fixed assets21/28€236k€199k▼
Intangible fixed assets21€179k€139k▼
Tangible fixed assets22/27€57k€60k▲
Land and buildings22€15k€8k▼
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€37k€48k▲
Other tangible fixed assets26€3k€1k▼
Financial fixed assets28€116€116=
Current assets29/58€601k€903k▲
Amounts receivable within one year40/41€57k€35k▼
Trade receivables40€22k€35k▲
Other amounts receivable41€35k€239▼
Current investments50/53-€200k
Cash at bank and in hand54/58€358k€320k▼
Deferred charges and accrued income490/1€186k€348k▲
Equity and liabilities
Total equity and liabilities10/49€837k€1.10M▲
Equity10/15€242k€732k▲
Contributions10/11€14k€14k=
Reserves13€228k€169k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€136k€76k▼
Distributable reserves133€90k€90k=
Profit (loss) carried forward14-€549k
Provisions and deferred taxes16€15k€11k▼
Deferred taxes168€15k€11k▼
Amounts payable17/49€581k€358k▼
Amounts payable after more than one year17€166k€114k▼
Financial debts170/4€166k€114k▼
Amounts payable within one year42/48€372k€217k▼
Current portion of amounts payable after more than one year42€60k€52k▼
Trade debts44€28k€30k▲
Suppliers440/4€28k€30k▲
Taxes, remuneration and social security45€72k€114k▲
Taxes450/3€12k€48k▲
Remuneration and social security454/9€59k€66k▲
Other amounts payable47/48€212k€21k▼
Accrued charges and deferred income492/3€43k€28k▼
Income statement
Code20242025
Remuneration, social security and pensions62€457k€512k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€73k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€816k€1.19M▲
Operating profit (loss)9901€278k€602k▲
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€6k€4k▼
Recurring financial charges65€5k€4k▼
Non-recurring financial charges66B€708-
Profit (loss) for the period before taxes9903€274k€603k▲
Transfer from deferred taxes780€4k€4k▼
Income taxes67/77€83k€172k▲
Profit (loss) for the period9904€194k€435k▲
Transfer from tax-exempt reserves789-€59k
Profit (loss) for the period to be appropriated9905€194k€494k▲
Appropriation of the result
Profit (loss) to be appropriated9906€194k€549k▲
Profit (loss) brought forward from the previous period14P-€55k
Transfer from equity791/2€210k-
Transfer to equity691/2€194k-
To other reserves6921€194k-
Profit to be distributed694/7€210k-
Return on contributions (dividend)694€210k-
Social balance
Average headcount (FTE)90872.98.3▲
The notes to these accounts (15 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
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 48 days late
2025
31-12
Financial
Highest result since 2018net €435k ▲124%
Operating result €602k, net result €435k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 4.17
Current ratio from 1.62 to 4.17; short-term debt falls from €372k to €217k.
31-12
Financial
Equity above €500kEq €732k ▲203%
8 profitable years in a row build equity to €732k.
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 8 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €200kEq €257k ▲44.4%
6 profitable years in a row build equity to €257k.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 32 days late
2022
31-12
Financial
Equity above €150kEq €178k ▲65.6%
5 profitable years in a row build equity to €178k.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €108k ▲24.7%
4 profitable years in a row build equity to €108k.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-06
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
5 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, Namur · 1 establishment unit since 1995
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.
Rue Roger Clément(TX) 35020 NamurGround area
5,138 m²
Building footprint
1,245 m²
Volume, LiDAR
973 m³
2 parcels, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
C.G.P.A.
since 19952.072.377.086
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92123D0020/00B000 | Wallonia | 3,821 m² | 1 · 167 m² | 8.1 m · 2 fl. |
| 92053D0231/00M000 | Wallonia | 1,317 m² | 1 · 1,078 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.
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Of 1,507 companies in sector 66199 we hold annual accounts for 917. 569 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 (pre-2019)
Founded09-06-1995
Fiscal year end31-12
Activities, NACEBEL 2025
66191Agents and brokers in banking services
66199Other activities auxiliary to financial services, excluding insurance and pension funding
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.