CDK
ActiveCDK has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €366k and a net result of €-69k. Equity is shrinking by ~3.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
15
/ 100
Critical▼ -33 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency54▼-12
Growth32=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.17 against 0.04 in 2024), and 56.9% 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 · 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€69k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
28 d late
2023
23 d late
2022
23 d late
2021
32 d early
2020
37 d early
2019
21 d early
← 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
11-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-69k▼ 145%
2024 · €-28k
2018: €5k
2019: €7k
2020: €1k
2021: €-15k
2022: €-16k
2023: €-32k
2024: €-28k
2018 → 2025
Working capital
€-336k▼ 127%
2024 · €-148k
2018: €71k
2019: €18k
2020: €33k
2021: €-80k
2022: €-106k
2023: €-155k
2024: €-148k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€512k-€496k▼ 3.1%€464k▼ 6.5%€435k▼ 6.1%€366k▼ 15.8%
Operating result€-13k-€-15k▼ 13.0%€-33k▼ 122%€-25k▲ 22.2%€-72k▼ 186%
Net result€-15k-€-16k▼ 8.2%€-32k▼ 106%€-28k▲ 13.3%€-69k▼ 145%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €72k in 2025 against €25k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €850k
Fixed assets
€781k▲ 15.2%
Current assets
€70k▲ 1,014%
Equity and liabilities €850k
Equity
€366k▼ 15.8%
Debt
€484k▲ 94.8%
The debt ratio rises from 36.3% to 56.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-23k▼
2024 · €23k
Cash flow
€-19k▼
2024 · €20k
Solvency
43.1%▼
2024 · 63.7%
Current ratio
0.17▲
2024 · 0.04
Quick ratio
0.17▲
2024 · 0.04
Debt / equity
1.32▲
2024 · 0.57
ROE
-18.8%▼
2024 · -6.5%
ROA
-8.1%▼
2024 · -4.1%
Interest coverage
-22.60▼
2024 · 19.68
Debt
€484k▲
2024 · €249k
Debt ≤ 1 year
€405k▲
2024 · €154k
Debt > 1 year
€77k▼
2024 · €94k
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€684k€850k▲
Fixed assets21/28€678k€781k▲
Tangible fixed assets22/27€669k€772k▲
Land and buildings22€625k€735k▲
Plant, machinery and equipment23€44k€37k▼
Financial fixed assets28€9k€9k=
Current assets29/58€6k€70k▲
Amounts receivable within one year40/41€29€80▲
Other amounts receivable41€29€80▲
Cash at bank and in hand54/58€6k€69k▲
Deferred charges and accrued income490/1€357€787▲
Equity and liabilities
Total equity and liabilities10/49€684k€850k▲
Equity10/15€435k€366k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€367k€298k▼
Amounts payable17/49€249k€484k▲
Amounts payable after more than one year17€94k€77k▼
Financial debts170/4€94k€77k▼
Amounts payable within one year42/48€154k€405k▲
Current portion of amounts payable after more than one year42€17k€17k▲
Trade debts44€2k€52k▲
Suppliers440/4€2k€52k▲
Other amounts payable47/48€135k€336k▲
Accrued charges and deferred income492/3€500€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€50k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€29k€-16k▼
Operating profit (loss)9901€-25k€-72k▼
Financial income75/76B€698€4k▲
Recurring financial income75€698€4k▲
Financial charges65/66B€4k€1k▼
Recurring financial charges65€1k€1k▼
Non-recurring financial charges66B€2k€0▼
Profit (loss) for the period before taxes9903€-28k€-69k▼
Profit (loss) for the period9904€-28k€-69k▼
Profit (loss) for the period to be appropriated9905€-28k€-69k▼
Appropriation of the result
Profit (loss) to be appropriated9906€367k€298k▼
Profit (loss) brought forward from the previous period14P€395k€367k▼
Social balance
Average headcount (FTE)90870.00.0=
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-69k
Net result drops to €-69k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 23 days late
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €7k ▲30.9%
Operating result €9k, net result €7k, both a record.
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Gent · 1 establishment unit since 1988
Ground area
1,137 m²
Building footprint
153 m²
Volume, LiDAR
856 m³
Parcel 44038A0415/00K000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Unescolaan 6, 9030 Gent
since 19882.366.796.535
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44038A0415/00K000 | Flanders | 1,137 m² | 1 · 153 m² | 9.6 m · 2 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.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-10-1988
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 37 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.