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COLLINES SERVICES

Active Risk: not assessed
Private limited company (pre-2019)founded 200818 yrs activeKapellestraat 68, 8851 Ardooie, BelgiumKBO/BCE: BE 0897.897.425
Summary

COLLINES SERVICES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €368,179 and a net result of €252,466. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 39% of 8074 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
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 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
41 d early
2023
41 d early
2022
46 d early
2021
33 d early
2020
on the day
2019
50 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 30 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
28-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

COLLINES SERVICES was incorporated on 14 May 2008.1 Total assets rose from EUR 794,007 in 2018 to EUR 970,368 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€368,179▲ 184%
2024 · €129,493
Net result
€252,466▲ 1,345%
2024 · €17,468
Total assets
€970,368▲ 23.2%
2024 · €787,828
Solvency
37.9%▲ 21.5pp
2024 · 16.4%
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€20,750▲ 22.2%€16,983▼ 18.2%€22,036▲ 29.8%€33,684▲ 52.9%€39,639▲ 17.7%
Net result€15,528within the sector's middle half▲ 62.4%€7,731within the sector's middle half▼ 50.2%€11,913within the sector's middle half▲ 54.1%€17,468within the sector's middle half▲ 46.6%€252,466above the sector's middle half▲ 1,345%
Equity€92,381below the sector's middle half▲ 20.2%€100,112below the sector's middle half▲ 8.4%€112,025below the sector's middle half▲ 11.9%€129,493below the sector's middle half▲ 15.6%€368,179within the sector's middle half▲ 184%
Total assets€552,083below the sector's middle half▼ 6.8%€531,105below the sector's middle half▼ 3.8%€521,452below the sector's middle half▼ 1.8%€787,828within the sector's middle half▲ 51.1%€970,368above the sector's middle half▲ 23.2%
Debt€399,471▼ 11.8%€372,617▼ 6.7%€352,906▼ 5.3%€603,670▲ 71.1%€549,380▼ 9.0%
Working capital-€5,972▲ 78.5%-€8,020▼ 34.3%-€6,462▲ 19.4%-€271,489▼ 4,101%€272,579
Solvency16.7%below the sector's middle half▲ 3.8pp18.8%below the sector's middle half▲ 2.1pp21.5%below the sector's middle half▲ 2.6pp16.4%below the sector's middle half▼ 5.0pp37.9%within the sector's middle half▲ 21.5pp
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2025 Net result +1,345% on 2024. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
€0€100,000€200,000€300,000Operating result 2021: €20,750€20,750Net result 2021: €15,528€15,528Operating result 2022: €16,983€16,983Net result 2022: €7,731€7,731Operating result 2023: €22,036€22,036Net result 2023: €11,913€11,913Operating result 2024: €33,684€33,684Net result 2024: €17,468€17,468Operating result 2025: €39,639€39,639Net result 2025: €252,466€252,46620212022202320242025€0€100,000€200,000€300,000Operating result 2023: €22,036€22,000Net result 2023: €11,913€11,900Operating result 2024: €33,684€33,700Net result 2024: €17,468€17,500Operating result 2025: €39,639€39,600Net result 2025: €252,466€252,000202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 18% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €970,368
Fixed assets €405,327 ▼ 45.9%
Current assets €565,041 ▲ 1,339%
Equity and liabilities €970,368
Equity €368,179 ▲ 184%
Provisions €52,810 ▼ 3.4%
Debt €549,380 ▼ 9.0%
Debt's share of the balance-sheet total falls from 76.6% to 56.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
ROE
68.6%▲
2024 · 13.5%
ROA
26.0%▲
2024 · 2.2%
Debt ≤ 1 year
€292,463▼
2024 · €310,748
Debt > 1 year
€253,791▼
2024 · €292,081
Income taxes
€8,768▲
2024 · €8,228
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet Code20242025
Assets
Total assets20/58€787,828€970,368▲
Fixed assets21/28€748,569€405,327▼
Tangible fixed assets22/27€398,569€405,327▲
Land and buildings22€397,540€387,892▼
Furniture and vehicles24-€16,819
Other tangible fixed assets26€1,029€616▼
Financial fixed assets28€350,000€0▼
Current assets29/58€39,259€565,041▲
Amounts receivable within one year40/41€14,423€2,759▼
Other amounts receivable41€14,423€2,759▼
Current investments50/53-€555,000
Cash at bank and in hand54/58€20,007€3,212▼
Deferred charges and accrued income490/1€4,830€4,070▼
Equity and liabilities
Total equity and liabilities10/49€787,828€970,368▲
Equity10/15€129,493€368,179▲
Contributions10/11€18,600€18,600=
Reserves13€149,883€349,579▲
Tax-exempt reserves132€122,342€118,739▼
Distributable reserves133€27,541€230,840▲
Profit (loss) carried forward14-€38,990€0▲
Provisions and deferred taxes16€54,665€52,810▼
Provisions for liabilities and charges160/5€9,470€9,470=
Pensions and similar obligations160€9,470€9,470=
Deferred taxes168€45,195€43,340▼
Amounts payable17/49€603,670€549,380▼
Amounts payable after more than one year17€292,081€253,791▼
Financial debts170/4€292,081€253,791▼
Amounts payable within one year42/48€310,748€292,463▼
Current portion of amounts payable after more than one year42€23,846€30,659▲
Financial debts43€451€573▲
Credit institutions430/8€0-
Other loans439€451€573▲
Trade debts44€3,485€8,417▲
Suppliers440/4€3,485€8,417▲
Taxes, remuneration and social security45€7,139€200▼
Taxes450/3€7,139€200▼
Other amounts payable47/48€275,828€252,614▼
Accrued charges and deferred income492/3€840€3,126▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,751€20,486▲
Other operating charges640/8€860€6,195▲
Gross operating margin9900€50,295€66,320▲
Operating profit (loss)9901€33,684€39,639▲
Financial income75/76B€45€227,429▲
Recurring financial income75€45€227,429▲
Financial charges65/66B€9,890€7,690▼
Recurring financial charges65€9,890€7,690▼
Profit (loss) for the period before taxes9903€23,840€259,379▲
Transfer from deferred taxes780€1,855€1,855=
Income taxes67/77€8,228€8,768▲
Profit (loss) for the period9904€17,468€252,466▲
Transfer from tax-exempt reserves789€3,603€3,603=
Profit (loss) for the period to be appropriated9905€21,071€256,069▲
Appropriation of the result
Profit (loss) to be appropriated9906-€38,990€217,079▲
Profit (loss) brought forward from the previous period14P-€60,061-€38,990▲
Transfer from equity791/2-€12,922
Transfer to equity691/2-€216,220
To other reserves6921-€216,220
Profit to be distributed694/7-€13,781
Return on contributions (dividend)694-€13,781

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,963€16,174€15,751€15,751€20,486▲ 30.1%
Other operating charges640/8-€1,053€634€860€6,195▲ 621%
Gross operating margin9900€43,171€34,210€38,420€50,295€66,320▲ 31.9%
Operating profit (loss)9901€20,750€16,983€22,036€33,684€39,639▲ 17.7%
Financial income75/76B-€0-€45€227,429▲ 499,854%
Recurring financial income75€0€0-€45€227,429▲ 499,854%
Financial charges65/66B-€10,500€10,043€9,890€7,690▼ 22.2%
Recurring financial charges65€6,291€10,500€10,043€9,890€7,690▼ 22.2%
Profit (loss) for the period before taxes9903€14,460€6,483€11,993€23,840€259,379▲ 988%
Transfer from deferred taxes780-€1,855€1,855€1,855€1,855=
Income taxes67/77€787€607€1,935€8,228€8,768▲ 6.6%
Profit (loss) for the period9904€15,528€7,731€11,913€17,468€252,466▲ 1,345%
Transfer from tax-exempt reserves789-€3,603€3,603€3,603€3,603=
Profit (loss) for the period to be appropriated9905€19,131€11,334€15,516€21,071€256,069▲ 1,115%
Line20212022202320242025Change
Assets
Total assets20/58€552,083€531,105€521,452€787,828€970,368▲ 23.2%
Fixed assets21/28€521,178€507,070€491,319€748,569€405,327▼ 45.9%
Tangible fixed assets22/27€444,178€430,070€414,319€398,569€405,327▲ 1.7%
Land and buildings22-€428,214€412,877€397,540€387,892▼ 2.4%
Furniture and vehicles24-€0--€16,819-
Other tangible fixed assets26-€1,855€1,442€1,029€616▼ 40.2%
Financial fixed assets28€77,000€77,000€77,000€350,000€0▼ 100%
Current assets29/58€30,906€24,035€30,133€39,259€565,041▲ 1,339%
Amounts receivable within one year40/41€14,099€14,279€14,011€14,423€2,759▼ 80.9%
Other amounts receivable41-€14,279€14,011€14,423€2,759▼ 80.9%
Current investments50/53----€555,000-
Cash at bank and in hand54/58€12,049€5,061€11,502€20,007€3,212▼ 83.9%
Deferred charges and accrued income490/1-€4,695€4,621€4,830€4,070▼ 15.7%
Equity and liabilities
Total equity and liabilities10/49€552,083€531,105€521,452€787,828€970,368▲ 23.2%
Equity10/15€92,381€100,112€112,025€129,493€368,179▲ 184%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€160,693€157,089€153,486€149,883€349,579▲ 133%
Tax-exempt reserves132-€129,548€125,945€122,342€118,739▼ 2.9%
Distributable reserves133-€27,541€27,541€27,541€230,840▲ 738%
Profit (loss) carried forward14-€86,911-€75,577-€60,061-€38,990€0▲ 100%
Provisions and deferred taxes16€60,231€58,376€56,521€54,665€52,810▼ 3.4%
Provisions for liabilities and charges160/5-€9,470€9,470€9,470€9,470=
Pensions and similar obligations160-€9,470€9,470€9,470€9,470=
Deferred taxes168-€48,906€47,051€45,195€43,340▼ 4.1%
Amounts payable17/49€399,471€372,617€352,906€603,670€549,380▼ 9.0%
Amounts payable after more than one year17€362,594€339,429€315,927€292,081€253,791▼ 13.1%
Financial debts170/4-€339,429€315,927€292,081€253,791▼ 13.1%
Amounts payable within one year42/48€36,877€32,055€36,595€310,748€292,463▼ 5.9%
Current portion of amounts payable after more than one year42-€23,164€23,502€23,846€30,659▲ 28.6%
Financial debts43-€725€735€451€573▲ 27.1%
Credit institutions430/8-€725€735€0--
Other loans439---€451€573▲ 27.1%
Trade debts44€4,947€2,188€4,920€3,485€8,417▲ 142%
Suppliers440/4-€2,188€4,920€3,485€8,417▲ 142%
Taxes, remuneration and social security45-€3,150€4,610€7,139€200▼ 97.2%
Taxes450/3-€3,150€4,610€7,139€200▼ 97.2%
Other amounts payable47/48-€2,828€2,828€275,828€252,614▼ 8.4%
Accrued charges and deferred income492/3-€1,133€384€840€3,126▲ 272%
Line20212022202320242025Change
Profit (loss) for the period9904€15,528€7,731€11,913€17,468€252,466▲ 1,345%
+ Depreciation and write-downs630€15,963€16,174€15,751€15,751€20,486▲ 30.1%
Operating cash flow (approximation)€31,491€23,905€27,664€33,218€272,952▲ 722%
Investment in fixed assets (approximation)--€2,066€0-€273,000€322,756▲ 218%
Change in cash--€6,988€6,441€8,505-€16,794▼ 297%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
30-04
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Highest result since 2018net €252,466 ▲1,345%
Operating result €39,639, net result €252,466, both a record.
30-09
Financial Liquidity times 15current ratio 1.93
Current ratio from 0.13 to 1.93; short-term debt falls from €310,748 to €292,463.
30-09
Financial Equity above €200,000Eq €368,179 ▲184%
7 profitable years in a row build equity to €368,179.
20-03
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
20-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
15-03
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial Equity above €100,000Eq €100,112 ▲8.4%
4 profitable years in a row build equity to €100,112.
28-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
11-03
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial Back to profitnet €9,318
Net result €9,318 after one loss-making year.
Show earlier events
26-03
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
29-04
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Ardooie · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
1,954 m²
Building footprint
278 m²
Volume, LiDAR
1,725 m³
2 parcels, Flanders, Wallonia · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
COLLINES SERVICES
Grand'Place(FB) 1, 7911 Frasnes-lez-AnvaingFinancial service activities, except insurance and pension funding
since 20082.171.218.702
2 parcels
Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
37005B0564/00H000 Flanders 1,866 m² 1 · 194 m² 7.0 m · 2 fl.
51022C0776/00A000 Wallonia 88 m² 1 · 84 m² 11.7 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 30-09-2024 list no shareholders, and no other source names one.

Holdings 1

According to the annual accounts to 30-09-2024 of COLLINES SERVICES and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 61 companies in sector 64921 we hold annual accounts for 40. 18 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded14-05-2008
Fiscal year end30-09
Activities, NACEBEL 2025
64921Financial service activities, except insurance and pension funding
66199Other activities auxiliary to financial services, excluding insurance and pension funding
70200Business and other management consultancy
Contact
Phone 069/866742Frasnes-lez-Anvaing
E-invoicing
Reachable via Peppol
Peppol ID 0208:0897897425
Also 9925:BE0897897425
Registered 06-03-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.