CONFIAR
ActiveCONFIAR has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €313k and a net result of €-41k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 45% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability15▼-4
Solvency49▼-51
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days only on tighter terms
Liquidity tight (current ratio 1.31 against 12.55 in 2024; short-term debt: 74.6% and cash: 1% of total assets), and 76.5% 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+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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 10-04-2026, 20 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
20 d early
2024
55 d early
2023
on the day
2022
40 d early
2021
30 d early
2020
28 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
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€313k▼ 11.6%
2024 · €354k
2020: €7k
2021: €333k
2022: €342k
2023: €354k
2024: €354k
2020 → 2025
Total assets
€1.33M▲ 246%
2024 · €385k
2020: €1.65M
2021: €648k
2022: €364k
2023: €385k
2024: €385k
2020 → 2025
Net result
€-41k
2024 · €478
2020: €-23k
2021: €326k
2022: €8k
2023: €12k
2024: €478
2020 → 2025
Working capital
€306k▼ 13.5%
2024 · €354k
2020: €4k
2021: €331k
2022: €340k
2023: €353k
2024: €354k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€333k-€342k▲ 2.5%€354k▲ 3.5%€354k▲ 0.1%€313k▼ 11.6%
Operating result€460k-€14k▼ 96.9%€17k▲ 19.3%€-5k€-18k▼ 236%
Net result€326k-€8k▼ 97.5%€12k▲ 45.4%€478▼ 96.0%€-41k
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 €18k in 2025 against €5k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.33M
Fixed assets
€32k▲ 10,412%
Current assets
€1.30M▲ 238%
Equity and liabilities €1.33M
Equity
€313k▼ 11.6%
Debt
€1.02M▲ 3,221%
The debt ratio rises from 8.0% to 76.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-16k▼
2024 · €-5k
Cash flow
€-39k▼
2024 · €1k
Solvency
23.5%▼
2024 · 92.0%
Current ratio
1.31▼
2024 · 12.55
Quick ratio
0.02▼
2024 · 5.62
Debt / equity
3.25▲
2024 · 0.09
ROE
-13.1%▼
2024 · 0.1%
ROA
-3.1%▼
2024 · 0.1%
Interest coverage
-0.65▲
2024 · -22.54
Debt
€1.02M▲
2024 · €31k
Debt ≤ 1 year
€992k▲
2024 · €31k
Debt > 1 year
€25k
Staff costs
€34k
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€385k€1.33M▲
Fixed assets21/28€307€32k▲
Tangible fixed assets22/27€307€32k▲
Plant, machinery and equipment23€307-
Leasing and similar rights25-€32k
Current assets29/58€384k€1.30M▲
Stocks and contracts in progress3€212k€1.27M▲
Stocks30/36€212k€1.27M▲
Amounts receivable within one year40/41€89€10k▲
Trade receivables40-€10k
Other amounts receivable41€89€159▲
Cash at bank and in hand54/58€172k€14k▼
Equity and liabilities
Total equity and liabilities10/49€385k€1.33M▲
Equity10/15€354k€313k▼
Contributions10/11€30k€30k=
Reserves13€324k€324k=
Distributable reserves133€324k€324k=
Profit (loss) carried forward14-€-41k
Amounts payable17/49€31k€1.02M▲
Amounts payable after more than one year17-€25k
Financial debts170/4-€25k
Amounts payable within one year42/48€31k€992k▲
Current portion of amounts payable after more than one year42-€6k
Financial debts43-€913k
Credit institutions430/8-€913k
Trade debts44-€18k
Suppliers440/4-€18k
Taxes, remuneration and social security45-€5k
Taxes450/3-€1k
Remuneration and social security454/9-€4k
Other amounts payable47/48€31k€49k▲
Income statement
Code20242025
Remuneration, social security and pensions62-€34k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€679€2k▲
Other operating charges640/8-€285
Gross operating margin9900€-5k€18k▲
Operating profit (loss)9901€-5k€-18k▼
Financial income75/76B€6k€888▼
Recurring financial income75€6k€888▼
Financial charges65/66B€203€24k▲
Recurring financial charges65€203€24k▲
Profit (loss) for the period before taxes9903€876€-41k▼
Income taxes67/77€398-
Profit (loss) for the period9904€478€-41k▼
Profit (loss) for the period to be appropriated9905€478€-41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€478€-41k▼
Transfer to equity691/2€478-
To other reserves6921€478-
The notes to these accounts (6 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
10-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-41k ▼8694%
Net result drops to €-41k, the lowest in the series.
06-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity times 8current ratio 16.10
Current ratio from 2.05 to 16.10; short-term debt falls from €315k to €23k.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €326k
Net result €326k after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 2.05
Current ratio from 1.00 to 2.05; short-term debt falls from €1.64M to €315k.
30-09
Financial
Equity above €200kEq €333k ▲4659%
Equity rises from €7k to €333k.
02-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kruisem · 1 establishment unit since 2019
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.
Beverhoekstraat(KRU) 239770 KruisemGround area
448 m²
Building footprint
121 m²
Volume, LiDAR
758 m³
Parcel 45017B0578/00R000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Beverhoekstraat(KRU) 23, 9770 Kruisem
since 20192.292.150.877
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017B0578/00R000 | Flanders | 448 m² | 1 · 121 m² | 9.3 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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CANAL 13
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ANNADA IMMO
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REBR
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 4,416 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-07-2019
Fiscal year end30-09
Activities, NACEBEL
41003General construction of other non-residential buildings
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.