COMPOSITES 53
ActiveThe computed 12-month bankruptcy probability of COMPOSITES 53 is 5.6% (elevated). The 2025 annual accounts show negative equity (€-124k) and a net result of €-24k. Equity is shrinking by ~30.1% per year across the filed fiscal years. Its solvency ranks better than 5% of 11297 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
17
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58=
Track record94
Bankruptcy probability, 12 months
5.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.06 in 2024; short-term debt: 343.6% and cash: 14.1% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
-304.8%
Return on assets
-58.7%
Age of the figures
15 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-124k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-01-2026, 25 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
25 d early
2024
32 d early
2023
19 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-124k▼ 23.8%
2024 · €-100k
2023: €-64k
2024: €-100k
2023 → 2025
Total assets
€41k▼ 30.1%
2024 · €58k
2023: €66k
2024: €58k
2023 → 2025
Net result
€-24k▲ 34.4%
2024 · €-36k
2023: €-66k
2024: €-36k
2023 → 2025
Working capital
€-131k▼ 4.3%
2024 · €-126k
2023: €-96k
2024: €-126k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-64k-€-100k▼ 57.1%€-124k▼ 23.8%
Operating result€-66k-€-37k▲ 44.5%€-24k▲ 34.8%
Net result€-66k-€-36k▲ 44.7%€-24k▲ 34.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €24k in 2025 against €37k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40k
Fixed assets
€32k▼ 36.5%
Current assets
€9k▲ 11.5%
Key figures and ratios
EBITDA
€-5k▲
2024 · €-20k
Cash flow
€-5k▲
2024 · €-20k
Solvency
-304.8%▼
2024 · -172.0%
Current ratio
0.06▲
2024 · 0.06
Quick ratio
0.05▲
2024 · 0.05
Debt / equity
-1.33▲
2024 · -1.58
ROA
-58.7%▲
2024 · -62.5%
Interest coverage
-27.80▲
2024 · -431.35
Debt
€165k▲
2024 · €159k
Debt ≤ 1 year
€140k▲
2024 · €134k
Debt > 1 year
€25k=
2024 · €25k
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€58k€41k▼
Formation expenses20€851€473▼
Fixed assets21/28€50k€32k▼
Intangible fixed assets21€2k-
Tangible fixed assets22/27€48k€32k▼
Plant, machinery and equipment23€48k€32k▼
Current assets29/58€8k€9k▲
Stocks and contracts in progress3€1k€1k▲
Stocks30/36€1k€1k▲
Amounts receivable within one year40/41€531€2k▲
Trade receivables40-€316
Other amounts receivable41€531€1k▲
Cash at bank and in hand54/58€6k€6k▼
Equity and liabilities
Total equity and liabilities10/49€58k€41k▼
Equity10/15€-100k€-124k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-102k€-126k▼
Amounts payable17/49€159k€165k▲
Amounts payable after more than one year17€25k€25k=
Financial debts170/4€25k€25k=
Amounts payable within one year42/48€134k€140k▲
Trade debts44€51k€52k▲
Suppliers440/4€51k€52k▲
Other amounts payable47/48€83k€88k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€19k▲
Other operating charges640/8€71€11▼
Gross operating margin9900€-20k€-5k▲
Operating profit (loss)9901€-37k€-24k▲
Financial income75/76B€71€48▼
Recurring financial income75€71€48▼
Financial charges65/66B€46€193▲
Recurring financial charges65€46€190▲
Non-recurring financial charges66B-€3
Profit (loss) for the period before taxes9903€-36k€-24k▲
Profit (loss) for the period9904€-36k€-24k▲
Profit (loss) for the period to be appropriated9905€-36k€-24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-102k€-126k▼
Profit (loss) brought forward from the previous period14P€-66k€-102k▼
The notes to these accounts (9 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
06-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2021
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.
Kruisdagenlaan 401200 Sint-Lambrechts-WoluweGround area
136 m²
Building footprint
71 m²
Volume, LiDAR
955 m³
Parcel 21673D0157/00Z003, Brussels · tallest building 17.6 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
COMPOSITES 53
since 20212.322.956.988
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0157/00Z003 | Brussels | 135 m² | 1 · 71 m² | 17.6 m · 5 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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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 584 companies in sector 46496 we hold annual accounts for 384.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-09-2021
Fiscal year end30-06
Activities, NACEBEL
46496Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 3 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.