CINDEPENDENT
ActiveCINDEPENDENT has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €-7k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 93% of 1986 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-87
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 14.97 against 7.43 in 2024; short-term debt: 6% and cash: 83.8% of total assets), and 6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
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
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 02-12-2025, 149 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
149 d early
2024
42 d early
2023
12 d early
2022
3 d early
2021
30 d early
2020
1 d early
2019
37 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€91k▼ 7.0%
2024 · €98k
2018: €57k
2019: €67k
2020: €88k
2021: €103k
2022: €75k
2023: €72k
2024: €98k
2018 → 2025
Total assets
€97k▼ 14.5%
2024 · €113k
2018: €86k
2019: €111k
2020: €123k
2021: €141k
2022: €124k
2023: €108k
2024: €113k
2018 → 2025
Net result
€-7k
2024 · €25k
2018: €7k
2019: €11k
2020: €21k
2021: €16k
2022: €-28k
2023: €-3k
2024: €25k
2018 → 2025
Working capital
€81k▼ 5.2%
2024 · €86k
2018: €55k
2019: €65k
2020: €87k
2021: €97k
2022: €69k
2023: €59k
2024: €86k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€103k-€75k▼ 27.5%€72k▼ 3.5%€98k▲ 35.1%€91k▼ 7.0%
Operating result€23k-€-28k€-2k▲ 92.1%€18k€-7k
Net result€16k-€-28k€-3k▲ 90.7%€25k€-7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7k after €18k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €97k
Fixed assets
€10k▼ 31.6%
Current assets
€87k▼ 12.1%
Equity and liabilities €97k
Equity
€91k▼ 7.0%
Debt
€6k▼ 62.3%
The debt ratio falls from 13.6% to 6.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-766▼
2024 · €24k
Cash flow
€-960▼
2024 · €31k
Solvency
94.0%▲
2024 · 86.4%
Current ratio
14.97▲
2024 · 7.43
Quick ratio
14.37▲
2024 · 7.43
Debt / equity
0.06▼
2024 · 0.16
ROE
-7.5%▼
2024 · 26.0%
ROA
-7.1%▼
2024 · 22.4%
Interest coverage
-3.64▼
2024 · 72.06
Debt
€6k▼
2024 · €15k
Debt ≤ 1 year
€6k▼
2024 · €13k
Income taxes
€61▼
2024 · €478
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€113k€97k▼
Fixed assets21/28€14k€10k▼
Intangible fixed assets21€3k€1k▼
Tangible fixed assets22/27€11k€8k▼
Plant, machinery and equipment23-€1k
Furniture and vehicles24€11k€7k▼
Current assets29/58€99k€87k▼
Stocks and contracts in progress3-€4k
Stocks30/36-€4k
Amounts receivable within one year40/41€8k€2k▼
Trade receivables40€8k€689▼
Other amounts receivable41€258€2k▲
Cash at bank and in hand54/58€91k€81k▼
Equity and liabilities
Total equity and liabilities10/49€113k€97k▼
Equity10/15€98k€91k▼
Contributions10/11€6k€6k=
Reserves13€97k€97k=
Distributable reserves133€97k€97k=
Profit (loss) carried forward14€-5k€-12k▼
Amounts payable17/49€15k€6k▼
Amounts payable after more than one year17€2k-
Financial debts170/4€2k-
Amounts payable within one year42/48€13k€6k▼
Current portion of amounts payable after more than one year42€5k€2k▼
Trade debts44€4k€4k▼
Suppliers440/4€4k€4k▼
Taxes, remuneration and social security45€485€61▼
Taxes450/3€485€61▼
Other amounts payable47/48€3k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€318€319▲
Gross operating margin9900€24k€-447▼
Operating profit (loss)9901€18k€-7k▼
Financial income75/76B€8k€78▼
Recurring financial income75€8k€78▼
Financial charges65/66B€331€211▼
Recurring financial charges65€331€211▼
Profit (loss) for the period before taxes9903€26k€-7k▼
Income taxes67/77€478€61▼
Profit (loss) for the period9904€25k€-7k▼
Profit (loss) for the period to be appropriated9905€25k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-12k▼
Profit (loss) brought forward from the previous period14P€-31k€-5k▲
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
2025
02-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-09
Financial
Liquidity doublescurrent ratio 14.97
Current ratio from 7.43 to 14.97; short-term debt falls from €13k to €6k.
19-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €25k
Net result €25k after 2 loss-making years.
30-09
Financial
Liquidity doublescurrent ratio 7.43
Current ratio from 3.06 to 7.43; short-term debt falls from €29k to €13k.
18-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Weakest financial yearnet €-28k ▼279%
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €100kEq €103k ▲18.1%
4 profitable years in a row build equity to €103k.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Putte · 1 establishment unit since 2008
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.
Paardenstraat 12580 PutteGround area
299 m²
Building footprint
85 m²
Volume, LiDAR
417 m³
Parcel 12029C0213/00G000, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Cindependent
since 20082.168.716.892
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12029C0213/00G000 | Flanders | 299 m² | 1 · 85 m² | 9.6 m · 1 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.
Similar companies · same sector, comparable size
Stuffz
BE 0662.568.002
Etterbeek · Eq €92k
NCDESIGN ENGINEERING & ARCHITECTURE
BE 0822.761.918
Lasne · Eq €89k
LOODS 77
BE 0642.984.591
Destelbergen · Eq €93k
JULIUS INC.
BE 0636.747.590
Gent · Eq €87k
Level Five
BE 0718.731.101
Sint-Jans-Molenbeek · Eq €84k
Of 1,992 companies in sector 90120 we hold annual accounts for 209. 154 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2008
Fiscal year end30-09
Activities, NACEBEL
90032Arts creation and performing arts activities
90120Visual arts creation
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.