CEO2
ActiveCEO2 has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €30k and a net result of €28k. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 37% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
89
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+83
Solvency68▼-26
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 3.11 in 2023; short-term debt: 57.1% and cash: 50.4% of total assets), but 57.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 70
Relative position
BE, all sectors
reference
Sector 70
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
42.9%
Return on assets
40.2%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year €30k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
8 d early
2023
40 d early
2022
3 d late
2021
4 d late
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€30k▲ 18.5%
2023 · €25k
2020: €38k
2021: €27k
2022: €25k
2023: €25k
2020 → 2024
Total assets
€69k▲ 91.1%
2023 · €36k
2020: €54k
2021: €53k
2022: €33k
2023: €36k
2020 → 2024
Net result
€28k
2023 · €-523
2020: €-16k
2021: €6k
2022: €-1k
2023: €-523
2020 → 2024
Working capital
€24k▲ 1.5%
2023 · €24k
2020: €37k
2021: €26k
2022: €24k
2023: €24k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€38k-€27k▼ 29.7%€25k▼ 5.4%€25k▼ 2.1%€30k▲ 18.5%
Operating result€-16k-€6k€-1k€-344▲ 74.2%€36k
Net result€-16k-€6k€-1k€-523▲ 64.2%€28k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €36k after a loss of €344 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €69k
Fixed assets
€6k▲ 308%
Current assets
€63k▲ 82.4%
Equity and liabilities €69k
Equity
€30k▲ 18.5%
Debt
€39k▲ 253%
The debt ratio rises from 30.9% to 57.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37k▲
2023 · €-107
Cash flow
€28k▲
2023 · €-286
Solvency
42.9%▼
2023 · 69.1%
Current ratio
1.61▼
2023 · 3.11
Quick ratio
1.61▼
2023 · 3.11
Debt / equity
1.33▲
2023 · 0.45
ROE
93.9%▲
2023 · -2.1%
ROA
40.2%▲
2023 · -1.4%
Interest coverage
187.21▲
2023 · -0.58
Debt
€39k▲
2023 · €11k
Debt ≤ 1 year
€39k▲
2023 · €11k
Income taxes
€8k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€36k€69k▲
Fixed assets21/28€1k€6k▲
Tangible fixed assets22/27€741€5k▲
Furniture and vehicles24€741€5k▲
Financial fixed assets28€650€650=
Current assets29/58€35k€63k▲
Amounts receivable within one year40/41€12k€287▼
Trade receivables40€11k€287▼
Other amounts receivable41€944-
Current investments50/53€7k€7k=
Cash at bank and in hand54/58€16k€35k▲
Deferred charges and accrued income490/1-€21k
Equity and liabilities
Total equity and liabilities10/49€36k€69k▲
Equity10/15€25k€30k▲
Contributions10/11€5k€5k=
Outside capital11€5k€5k=
Other1109/19€5k€5k=
Reserves13€23k€25k▲
Distributable reserves133€23k€25k▲
Profit (loss) carried forward14€-3k-
Amounts payable17/49€11k€39k▲
Amounts payable within one year42/48€11k€39k▲
Trade debts44€1k€3k▲
Suppliers440/4€1k€3k▲
Taxes, remuneration and social security45€4k€10k▲
Taxes450/3€182€6k▲
Remuneration and social security454/9€4k€4k▲
Other amounts payable47/48€6k€26k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€237€463▲
Other operating charges640/8-€236
Gross operating margin9900€-107€37k▲
Operating profit (loss)9901€-344€36k▲
Financial income75/76B€9€40▲
Recurring financial income75€9€40▲
Non-recurring financial income76B€9-
Financial charges65/66B€187€196▲
Recurring financial charges65€186€196▲
Non-recurring financial charges66B€1-
Profit (loss) for the period before taxes9903€-523€36k▲
Income taxes67/77-€8k
Profit (loss) for the period9904€-523€28k▲
Profit (loss) for the period to be appropriated9905€-523€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€25k▲
Profit (loss) brought forward from the previous period14P€-3k€-3k▼
Transfer from equity791/2-€23k
Transfer to equity691/2-€25k
To other reserves6921-€25k
Profit to be distributed694/7-€23k
Return on contributions (dividend)694-€23k
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
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 4.07
Current ratio from 2.02 to 4.07; short-term debt falls from €26k to €8k.
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · 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
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, Ukkel · 1 establishment unit since 2003
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.
Zonnebloemlaan 521180 UkkelGround area
878 m²
Building footprint
78 m²
Volume, LiDAR
623 m³
Parcel 21614F0318/00Z008, Brussels · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Zonnebloemlaan 52, 1180 Ukkel
since 20032.131.764.248
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614F0318/00Z008 | Brussels | 878 m² | 1 · 78 m² | 10.7 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
967600T5X1S0CUQ81529
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 34,384 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formGeneral partnership
Founded19-02-2003
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.