COLTHOM DEFENDER
ActiveCOLTHOM DEFENDER has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.12M and a net result of €54k. Equity is shrinking by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 26% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▲+21
Solvency48=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 0.87 in 2024; short-term debt: 16.5% and cash: 0.1% of total assets), and 76.6% 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 · 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
23.4%
Return on assets
1.1%
Age of the figures
9 mo
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
61 d late
2023
61 d late
2022
145 d late
2021
81 d late
2020
108 d late
2019
122 d late
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.12M▲ 5.1%
2024 · €1.07M
2018: €1.56M
2019: €1.57M
2020: €1.59M
2021: €1.54M
2022: €1.51M
2023: €1.26M
2024: €1.07M
2018 → 2025
Total assets
€4.79M▲ 4.8%
2024 · €4.57M
2018: €3.81M
2019: €3.95M
2020: €4.24M
2021: €4.08M
2022: €4.83M
2023: €4.67M
2024: €4.57M
2018 → 2025
Net result
€54k
2024 · €-196k
2018: €132k
2019: €13k
2020: €14k
2021: €-49k
2022: €-23k
2023: €-250k
2024: €-196k
2018 → 2025
Working capital
€29k
2024 · €-70k
2018: €-266k
2019: €-39k
2020: €297k
2021: €171k
2022: €253k
2023: €95k
2024: €-70k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.54M-€1.51M▼ 1.5%€1.26M▼ 16.5%€1.07M▼ 15.5%€1.12M▲ 5.1%
Operating result€-48k-€9k€-168k€-114k▲ 32.0%€209k
Net result€-49k-€-23k▲ 51.8%€-250k▼ 962%€-196k▲ 21.6%€54k
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 2025: €209k after a loss of €114k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.79M
Fixed assets
€3.97M▼ 3.7%
Current assets
€820k▲ 82.0%
Equity and liabilities €4.79M
Equity
€1.12M▲ 5.1%
Debt
€3.67M▲ 4.7%
The debt ratio falls from 76.6% to 76.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€367k▲
2024 · €43k
Cash flow
€212k▲
2024 · €-38k
Solvency
23.4%▲
2024 · 23.4%
Current ratio
1.04▲
2024 · 0.87
Quick ratio
0.53▼
2024 · 0.87
Debt / equity
3.27▼
2024 · 3.28
ROE
4.8%▲
2024 · -18.3%
ROA
1.1%▲
2024 · -4.3%
Interest coverage
2.10▲
2024 · 0.42
Debt
€3.67M▲
2024 · €3.50M
Debt ≤ 1 year
€791k▲
2024 · €520k
Debt > 1 year
€2.86M▼
2024 · €2.97M
Income taxes
€1k▲
2024 · €1k
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€4.57M€4.79M▲
Fixed assets21/28€4.12M€3.97M▼
Tangible fixed assets22/27€4.12M€3.97M▼
Land and buildings22€3.92M€3.80M▼
Plant, machinery and equipment23€187k€161k▼
Furniture and vehicles24€8k€7k▼
Current assets29/58€451k€820k▲
Stocks and contracts in progress3-€402k
Stocks30/36-€402k
Amounts receivable within one year40/41€442k€407k▼
Trade receivables40€27k€19k▼
Other amounts receivable41€415k€388k▼
Cash at bank and in hand54/58€2k€6k▲
Deferred charges and accrued income490/1€7k€6k▼
Equity and liabilities
Total equity and liabilities10/49€4.57M€4.79M▲
Equity10/15€1.07M€1.12M▲
Contributions10/11€1.36M€1.36M=
Reserves13€205k€205k=
Distributable reserves133€205k€205k=
Profit (loss) carried forward14€-497k€-442k▲
Amounts payable17/49€3.50M€3.67M▲
Amounts payable after more than one year17€2.97M€2.86M▼
Financial debts170/4€2.97M€2.86M▼
Amounts payable within one year42/48€520k€791k▲
Current portion of amounts payable after more than one year42€106k€111k▲
Financial debts43€227k€607k▲
Credit institutions430/8€46k€36k▼
Other loans439€181k€571k▲
Trade debts44€52k€71k▲
Suppliers440/4€52k€71k▲
Taxes, remuneration and social security45€993€2k▲
Taxes450/3€993€2k▲
Other amounts payable47/48€135k-
Accrued charges and deferred income492/3€12k€11k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€157k€157k▼
Other operating charges640/8€45k€48k▲
Gross operating margin9900€88k€414k▲
Operating profit (loss)9901€-114k€209k▲
Financial income75/76B€23k€21k▼
Recurring financial income75€23k€21k▼
Financial charges65/66B€103k€175k▲
Recurring financial charges65€103k€175k▲
Profit (loss) for the period before taxes9903€-195k€56k▲
Income taxes67/77€1k€1k▲
Profit (loss) for the period9904€-196k€54k▲
Profit (loss) for the period to be appropriated9905€-196k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-497k€-442k▲
Profit (loss) brought forward from the previous period14P€-301k€-497k▼
The notes to these accounts (10 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €54k
Net result €54k after 4 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-250k
Net result drops to €-250k, the lowest in the series; recovery starts the following year.
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 145 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 2.63
Current ratio from 1.23 to 2.63; short-term debt falls from €742k to €155k.
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 81 days late
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 108 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Elsene
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.
César Franckstraat 58-621050 ElseneGround area
938 m²
Building footprint
804 m²
Volume, LiDAR
8,432 m³
Parcel 21445C0268/00L005, Brussels · tallest building 20.5 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0268/00L005 | Brussels | 938 m² | 1 · 803 m² | 20.4 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.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 26,558 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-02-2013
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 13 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.