Capital-X 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 €491k and a net result of €328k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 5523 sector peers (fiscal year 2025). The company has been active since 2019 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
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €491k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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 · 6 filingsDeviation from the deadline
2025
11 d late
2024
37 d early
2023
28 d late
2022
45 d early
2021
26 d early
2020
88 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€491k▲ 202%
2024 · €162k
2020: €-66k
2021: €165k
2022: €256k
2023: €203k
2024: €162k
2020 → 2025
Net result
€328k
2024 · €-41k
2020: €-71k
2021: €230k
2022: €91k
2023: €-53k
2024: €-41k
2020 → 2025
Total assets
€1.95M▲ 17.8%
2024 · €1.66M
2020: €1.83M
2021: €1.94M
2022: €1.85M
2023: €1.69M
2024: €1.66M
2020 → 2025
Solvency
25.2%▲ 15.4pp
2024 · 9.8%
2020: -3.6%
2021: 8.5%
2022: 13.8%
2023: 12.1%
2024: 9.8%
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€165k-€256k▲ 55.1%€203k▼ 20.5%€162k▼ 20.1%€491k▲ 202%
Operating result€-35k-€-75k▼ 116%€-33k▲ 55.8%€-36k▼ 9.4%€1k
Net result€230k-€91k▼ 60.6%€-53k€-41k▲ 22.1%€328k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €1k after a loss of €36k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.95M
Fixed assets
€1.61M=
Current assets
€335k▲ 713%
Equity and liabilities €1.95M
Equity
€491k▲ 202%
Debt
€1.46M▼ 2.3%
The debt ratio falls from 90.2% to 74.8%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
25.2%▲
2024 · 9.8%
ROE
66.9%▲
2024 · -25.2%
ROA
16.8%▲
2024 · -2.5%
Debt
€1.46M▼
2024 · €1.49M
Debt ≤ 1 year
€365k▲
2024 · €72k
Debt > 1 year
€1.09M▼
2024 · €1.42M
Staff costs
€100k▼
2024 · €138k
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€1.66M€1.95M▲
Fixed assets21/28€1.61M€1.61M=
Financial fixed assets28€1.61M€1.61M=
Current assets29/58€41k€335k▲
Amounts receivable within one year40/41€39k€326k▲
Trade receivables40€39k€12k▼
Other amounts receivable41-€314k
Cash at bank and in hand54/58€2k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.66M€1.95M▲
Equity10/15€162k€491k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€157k€486k▲
Amounts payable17/49€1.49M€1.46M▼
Amounts payable after more than one year17€1.42M€1.09M▼
Financial debts170/4€1.42M€1.09M▼
Amounts payable within one year42/48€72k€365k▲
Current portion of amounts payable after more than one year42€12k€12k=
Trade debts44€34k€30k▼
Suppliers440/4€34k€30k▼
Taxes, remuneration and social security45€23k€20k▼
Taxes450/3€5k€2k▼
Remuneration and social security454/9€18k€18k=
Other amounts payable47/48€3k€303k▲
Income statement
Code20242025
Remuneration, social security and pensions62€138k€100k▼
Other operating charges640/8€141€144▲
Gross operating margin9900€102k€102k▼
Operating profit (loss)9901€-36k€1k▲
Financial income75/76B€3k€328k▲
Recurring financial income75€3k€328k▲
Financial charges65/66B€7k€740▼
Recurring financial charges65€7k€740▼
Profit (loss) for the period before taxes9903€-41k€328k▲
Profit (loss) for the period9904€-41k€328k▲
Profit (loss) for the period to be appropriated9905€-41k€328k▲
Appropriation of the result
Profit (loss) to be appropriated9906€157k€486k▲
Profit (loss) brought forward from the previous period14P€198k€157k▼
Social balance
Average headcount (FTE)90871.71.0▼
The notes to these accounts (4 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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 11 days late
2025
31-12
Financial
Back to profitnet €328k
Net result €328k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €491k ▲202%
Equity rises from €162k to €491k.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €200kEq €256k ▲55.1%
2 profitable years in a row build equity to €256k.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €230k
Net result €230k after one loss-making year.
31-12
Financial
Equity above €150kEq €165k
Equity rises from €-66k to €165k.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 88 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Aalst · 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.
Korte Keppestraat 199320 AalstGround area
1.7 ha
Building footprint
1,485 m²
Volume, LiDAR
653 m³
Parcel 41342B0932/00D000, Flanders · tallest building 5.7 m. Linked by address, not a title deed.
1 establishment unit
Capital-X BV
since 20192.294.772.451
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0932/00D000 | Flanders | 1.7 ha | 1 · 1,485 m² | 5.7 m |
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.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 13,614 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-10-2019
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.