CARINE HIRSCH
ActiveCARINE HIRSCH has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €216k and a net result of €72k. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 64% of 12665 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▼-2
Solvency95▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 3.24 against 4.1 in 2024; short-term debt: 30.2% and cash: 56.3% of total assets), and 30.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.8%
Return on assets
23.2%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-03-2026, 127 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
127 d early
2024
49 d early
2023
47 d early
2022
34 d early
2021
25 d late
2020
3 d late
2019
5 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€216k▼ 3.6%
2024 · €224k
2018: €188k
2019: €221k
2020: €191k
2021: €174k
2022: €178k
2023: €197k
2024: €224k
2018 → 2025
Total assets
€310k▲ 5.9%
2024 · €292k
2018: €211k
2019: €238k
2020: €200k
2021: €227k
2022: €206k
2023: €253k
2024: €292k
2018 → 2025
Net result
€72k▼ 3.1%
2024 · €74k
2018: €28k
2019: €33k
2020: €24k
2021: €26k
2022: €30k
2023: €58k
2024: €74k
2018 → 2025
Working capital
€209k▼ 0.8%
2024 · €211k
2018: €186k
2019: €220k
2020: €191k
2021: €152k
2022: €152k
2023: €178k
2024: €211k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€174k-€178k▲ 2.4%€197k▲ 11.0%€224k▲ 13.6%€216k▼ 3.6%
Operating result€36k-€42k▲ 15.8%€86k▲ 108%€109k▲ 26.5%€106k▼ 3.2%
Net result€26k-€30k▲ 14.8%€58k▲ 94.6%€74k▲ 28.2%€72k▼ 3.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €310k
Fixed assets
€7k▼ 48.3%
Current assets
€303k▲ 8.4%
Equity and liabilities €310k
Equity
€216k▼ 3.6%
Debt
€94k▲ 37.2%
The debt ratio rises from 23.3% to 30.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€112k▼
2024 · €116k
Cash flow
€78k▼
2024 · €80k
Solvency
69.8%▼
2024 · 76.7%
Current ratio
3.24▼
2024 · 4.10
Quick ratio
3.24▼
2024 · 4.10
Debt / equity
0.43▲
2024 · 0.30
ROE
33.2%▲
2024 · 33.0%
ROA
23.2%▼
2024 · 25.3%
Interest coverage
183.00▼
2024 · 199.81
Debt
€94k▲
2024 · €68k
Debt ≤ 1 year
€93k▲
2024 · €68k
Income taxes
€36k▼
2024 · €37k
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€292k€310k▲
Fixed assets21/28€13k€7k▼
Tangible fixed assets22/27€13k€7k▼
Furniture and vehicles24€10k€4k▼
Other tangible fixed assets26€3k€2k▼
Current assets29/58€279k€303k▲
Amounts receivable after more than one year29€61k€63k▲
Other amounts receivable291€61k€63k▲
Amounts receivable within one year40/41€24k€23k▼
Trade receivables40€24k€21k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€153k€174k▲
Deferred charges and accrued income490/1€42k€43k▲
Equity and liabilities
Total equity and liabilities10/49€292k€310k▲
Equity10/15€224k€216k▼
Contributions10/11€12k€12k=
Reserves13€212k€203k▼
Distributable reserves133€212k€203k▼
Profit (loss) carried forward14€210€214▲
Amounts payable17/49€68k€94k▲
Amounts payable within one year42/48€68k€93k▲
Trade debts44€7k€2k▼
Suppliers440/4€7k€2k▼
Taxes, remuneration and social security45€14k€11k▼
Taxes450/3€14k€11k▼
Other amounts payable47/48€47k€80k▲
Accrued charges and deferred income492/3-€32
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€656€640▼
Gross operating margin9900€116k€113k▼
Operating profit (loss)9901€109k€106k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€579€612▲
Recurring financial charges65€579€612▲
Profit (loss) for the period before taxes9903€111k€108k▼
Income taxes67/77€37k€36k▼
Profit (loss) for the period9904€74k€72k▼
Profit (loss) for the period to be appropriated9905€74k€72k▼
Appropriation of the result
Profit (loss) to be appropriated9906€74k€72k▼
Profit (loss) brought forward from the previous period14P€196€210▲
Transfer from equity791/2€47k€80k▲
Transfer to equity691/2€74k€72k▼
To other reserves6921€74k€72k▼
Profit to be distributed694/7€47k€80k▲
Return on contributions (dividend)694€47k€80k▲
The notes to these accounts (7 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
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €74k ▲28.2%
Operating result €109k, net result €74k, both a record.
31-12
Financial
Equity above €200kEq €224k ▲13.6%
7 profitable years in a row build equity to €224k.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 3 days late
2020
31-12
Financial
Weakest financial yearnet €24k ▼26.8%
Net result drops to €24k, the lowest in the series; recovery starts the following year.
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
31-12
Financial
Equity above €200kEq €221k ▲17.8%
2 profitable years in a row build equity to €221k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 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, Elsene · 1 establishment unit since 2006
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 2071050 ElseneGround area
700 m²
Building footprint
700 m²
Volume, LiDAR
16,134 m³
Parcel 21807G0120/00L005, Brussels · tallest building 32.2 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
sprlu Carine HIRSCH
since 20062.228.466.716
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 fl. |
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 22,051 companies in sector 69101 we hold annual accounts for 9,053. 7,144 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-2006
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:c.hirsch@ddh-avocats.be
Phone:02/627 01 10
Fax:02/627 01 13