COLEX
ActiveCOLEX has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.18M and a net result of €141k. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 2915 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
100
/ 100
Excellent▲ +14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▲+17
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120k at 30 days acceptable
Liquidity ample (current ratio 4.65 against 3.93 in 2023), and 22.1% 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 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 2024Solvency, return and age of the figures
Solvency
77.9%
Return on assets
9.3%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d late
2023
60 d late
2022
58 d late
2021
75 d late
2020
86 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.18M▲ 11.4%
2023 · €1.06M
2018: €513k
2019: €675k
2020: €746k
2021: €840k
2022: €981k
2023: €1.06M
2018 → 2024
Total assets
€1.51M▲ 6.5%
2023 · €1.42M
2018: €1.06M
2019: €1.31M
2020: €1.19M
2021: €1.26M
2022: €1.31M
2023: €1.42M
2018 → 2024
Net result
€141k▲ 53.7%
2023 · €92k
2018: €62k
2019: €194k
2020: €70k
2021: €110k
2022: €161k
2023: €92k
2018 → 2024
Working capital
€1.17M▲ 13.1%
2023 · €1.03M
2018: €457k
2019: €677k
2020: €728k
2021: €823k
2022: €966k
2023: €1.03M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€746k-€840k▲ 12.7%€981k▲ 16.7%€1.06M▲ 7.8%€1.18M▲ 11.4%
Operating result€105k-€157k▲ 49.2%€230k▲ 47.0%€132k▼ 42.9%€179k▲ 36.2%
Net result€70k-€110k▲ 55.5%€161k▲ 46.5%€92k▼ 42.9%€141k▲ 53.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 36% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.51M
Fixed assets
€29k▼ 26.8%
Current assets
€1.48M▲ 7.4%
Equity and liabilities €1.51M
Equity
€1.18M▲ 11.4%
Debt
€335k▼ 8.0%
The debt ratio falls from 25.6% to 22.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€193k▲
2023 · €143k
Cash flow
€155k▲
2023 · €103k
Solvency
77.9%▲
2023 · 74.4%
Current ratio
4.65▲
2023 · 3.93
Quick ratio
4.65▲
2023 · 3.93
Debt / equity
0.28▼
2023 · 0.34
ROE
12.0%▲
2023 · 8.7%
ROA
9.3%▲
2023 · 6.5%
Interest coverage
170.83▲
2023 · 116.95
Debt
€335k▼
2023 · €364k
Debt ≤ 1 year
€319k▼
2023 · €352k
Income taxes
€60k▲
2023 · €39k
Staff costs
€100k▲
2023 · €95k
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€1.42M€1.51M▲
Fixed assets21/28€40k€29k▼
Tangible fixed assets22/27€40k€29k▼
Furniture and vehicles24€25k€17k▼
Other tangible fixed assets26€15k€12k▼
Current assets29/58€1.38M€1.48M▲
Amounts receivable within one year40/41€359k€370k▲
Trade receivables40€346k€369k▲
Other amounts receivable41€13k€1k▼
Current investments50/53-€800k
Cash at bank and in hand54/58€1.02M€313k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.42M€1.51M▲
Equity10/15€1.06M€1.18M▲
Contributions10/11€19k€19k=
Reserves13€1.04M€1.16M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€1.02M€1.14M▲
Profit (loss) carried forward14€2k€3k▲
Amounts payable17/49€364k€335k▼
Amounts payable within one year42/48€352k€319k▼
Trade debts44€160k€120k▼
Suppliers440/4€160k€120k▼
Taxes, remuneration and social security45€49k€39k▼
Taxes450/3€26k€20k▼
Remuneration and social security454/9€23k€19k▼
Other amounts payable47/48€143k€160k▲
Accrued charges and deferred income492/3€12k€16k▲
Income statement
Code20232024
Remuneration, social security and pensions62€95k€100k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€14k▲
Other operating charges640/8€3k€9k▲
Gross operating margin9900€241k€302k▲
Operating profit (loss)9901€132k€179k▲
Financial income75/76B€3€22k▲
Recurring financial income75€3€22k▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€130k€201k▲
Income taxes67/77€39k€60k▲
Profit (loss) for the period9904€92k€141k▲
Profit (loss) for the period to be appropriated9905€92k€141k▲
Appropriation of the result
Profit (loss) to be appropriated9906€93k€143k▲
Profit (loss) brought forward from the previous period14P€1k€2k▲
Transfer to equity691/2€76k€120k▲
To other reserves6921€76k€120k▲
Profit to be distributed694/7€15k€20k▲
Directors or managers695€15k€20k▲
Social balance
Average headcount (FTE)90872.02.1▲
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
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 42 days late
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 60 days late
2023
31-12
Financial
Equity above €1MEq €1.06M ▲7.8%
6 profitable years in a row build equity to €1.06M.
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 58 days late
2022
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 75 days late
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 86 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
31-12
Financial
Highest result since 2018net €194k ▲213%
Operating result €286k, net result €194k, both a record.
16-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 47 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 55 days late
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 49 days late
2016
25-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 56 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, Antwerpen · 1 establishment unit since 2012
Ground area
5,526 m²
Building footprint
4,884 m²
Volume, LiDAR
16,345 m³
Parcel 11810K2769/00A000, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Jonghelinckstraat 20, 2018 Antwerpen
since 20122.205.930.052
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K2769/00A000 | Flanders | 5,526 m² | 1 · 4,884 m² | 12.9 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.
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Of 1,015 companies in sector 69103 we hold annual accounts for 609. 337 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-2011
Fiscal year end31-12
Activities, NACEBEL
69103Activities of bailiffs
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.