Cantrak
ActiveCantrak 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 €2.86M and a net result of €-252k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 5491 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €2.9M
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filingsDeviation from the deadline
2025
18 d late
2024
16 d early
2023
26 d early
2022
7 d early
2021
2 d early
2020
1 d early
2019
11 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.86M▲ 62.1%
2024 · €1.77M
2019: €-50k
2020: €-260k
2021: €-139k
2022: €-309k
2023: €895k
2024: €1.77M
2019 → 2025
Net result
€-252k▲ 9.2%
2024 · €-278k
2019: €-69k
2020: €-709k
2021: €-265k
2022: €-170k
2023: €-296k
2024: €-278k
2019 → 2025
Total assets
€6.63M▲ 170%
2024 · €2.46M
2019: €358
2020: €86k
2021: €201k
2022: €565k
2023: €1.98M
2024: €2.46M
2019 → 2025
Solvency
43.2%▼ 28.8pp
2024 · 72.0%
2019: -14002.4%
2020: -301.1%
2021: -69.1%
2022: -54.7%
2023: 45.3%
2024: 72.0%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-139k-€-309k▼ 123%€895k€1.77M▲ 97.4%€2.86M▲ 62.1%
Operating result€-265k-€-169k▲ 36.0%€-287k▼ 69.3%€-266k▲ 7.1%€-240k▲ 9.8%
Net result€-265k-€-170k▲ 35.8%€-296k▼ 73.8%€-278k▲ 5.9%€-252k▲ 9.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €240k in 2025 against €266k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.63M
Fixed assets
€6.48M▲ 168%
Current assets
€149k▲ 264%
Equity and liabilities €6.63M
Equity
€2.86M▲ 62.1%
Debt
€3.77M▲ 447%
The debt ratio rises from 28.0% to 56.8%: debt grows faster than equity.
Key figures and ratios
Solvency
43.2%▼
2024 · 72.0%
ROE
-8.8%▲
2024 · -15.7%
ROA
-3.8%▲
2024 · -11.3%
Debt
€3.77M▲
2024 · €688k
Debt ≤ 1 year
€127k▲
2024 · €98k
Debt > 1 year
€3.64M▲
2024 · €590k
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€2.46M€6.63M▲
Fixed assets21/28€2.41M€6.48M▲
Tangible fixed assets22/27€3k€1k▼
Furniture and vehicles24€3k€1k▼
Financial fixed assets28€2.41M€6.48M▲
Current assets29/58€41k€149k▲
Amounts receivable within one year40/41€28k€84k▲
Trade receivables40€14k€68k▲
Other amounts receivable41€14k€16k▲
Cash at bank and in hand54/58€13k€65k▲
Equity and liabilities
Total equity and liabilities10/49€2.46M€6.63M▲
Equity10/15€1.77M€2.86M▲
Contributions10/11€3.67M€5.02M▲
Profit (loss) carried forward14€-1.90M€-2.15M▼
Amounts payable17/49€688k€3.77M▲
Amounts payable after more than one year17€590k€3.64M▲
Financial debts170/4€590k€3.64M▲
Amounts payable within one year42/48€98k€127k▲
Trade debts44€28k€53k▲
Suppliers440/4€28k€53k▲
Advances received on contracts in progress46€13k-
Taxes, remuneration and social security45€9k€9k=
Taxes450/3€9k€9k=
Other amounts payable47/48€50k€65k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€972€1k▲
Other operating charges640/8-€45k
Gross operating margin9900€-265k€-194k▲
Operating profit (loss)9901€-266k€-240k▲
Financial income75/76B-€181
Recurring financial income75-€181
Financial charges65/66B€12k€12k▲
Recurring financial charges65€12k€12k▲
Profit (loss) for the period before taxes9903€-278k€-252k▲
Profit (loss) for the period9904€-278k€-252k▲
Profit (loss) for the period to be appropriated9905€-278k€-252k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.90M€-2.15M▼
Profit (loss) brought forward from the previous period14P€-1.62M€-1.90M▼
The notes to these accounts (8 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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 18 days late
2025
31-12
Financial
Liquidity triplescurrent ratio 1.17
Current ratio from 0.42 to 1.17.
31-12
Financial
Equity above €2MEq €2.86M ▲62.1%
Equity rises from €1.77M to €2.86M.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €1MEq €1.77M ▲97.4%
Equity rises from €895k to €1.77M.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €500kEq €895k
Equity rises from €-309k to €895k.
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity doublescurrent ratio 1.44
Current ratio from 0.59 to 1.44; short-term debt falls from €146k to €140k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-709k
Net result drops to €-709k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Elsene · 1 establishment unit since 2019
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.
Louizalaan 541050 ElseneGround area
2,639 m²
Building footprint
1,344 m²
Volume, LiDAR
35,591 m³
2 parcels, Brussels, Wallonia · tallest building 33.9 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Cantrak
since 20192.286.069.076
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0001/00L000 | Brussels | 1,625 m² | 1 · 1,286 m² | 33.9 m · 9 fl. |
| 25033B0709/00A000 | Wallonia | 1,015 m² | 1 · 58 m² | 12.0 m · 3 fl. |
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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LUC PHILIPS
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SERGIO BEHEER
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 9,804 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2018
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.