CROSSED LINES
ActiveSummary
CROSSED LINES has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€11,052) and a net result of -€171. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 5% of 11547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
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Signals
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,621 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €16 | €9 | €2 | €0 | €13 | - |
| Goods, raw materials, services and sundry goods60/61 | €165 | €176 | €170 | €183 | €184 | ▲ 0.6% |
| Gross operating margin9900 | -€148 | -€167 | -€168 | -€183 | -€171 | ▲ 6.3% |
| Operating profit (loss)9901 | -€148 | -€167 | -€168 | -€183 | -€171 | ▲ 6.3% |
| Profit (loss) for the period before taxes9903 | -€148 | -€167 | -€168 | -€183 | -€171 | ▲ 6.3% |
| Profit (loss) for the period9904 | -€148 | -€167 | -€168 | -€183 | -€171 | ▲ 6.3% |
| Profit (loss) for the period to be appropriated9905 | -€148 | -€167 | -€168 | -€183 | -€171 | ▲ 6.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €866 | €799 | €930 | €748 | €822 | ▲ 9.9% |
| Fixed assets21/28 | €146 | €146 | €146 | €146 | €146 | = |
| Financial fixed assets28 | €146 | €146 | €146 | €146 | €146 | = |
| Current assets29/58 | €720 | €653 | €784 | €602 | €675 | ▲ 12.3% |
| Amounts receivable after more than one year29 | - | - | - | €582 | €582 | = |
| Trade receivables290 | - | - | - | - | €582 | - |
| Other amounts receivable291 | - | - | - | €582 | - | - |
| Amounts receivable within one year40/41 | €582 | €582 | €582 | - | - | - |
| Other amounts receivable41 | €582 | €582 | €582 | - | - | - |
| Cash at bank and in hand54/58 | €138 | €71 | €203 | €20 | €94 | ▲ 372% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €866 | €799 | €930 | €748 | €822 | ▲ 9.9% |
| Equity10/15 | -€10,363 | -€10,530 | -€10,698 | -€10,881 | -€11,052 | ▼ 1.6% |
| Contributions10/11 | €24,789 | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Capital10 | €24,789 | €24,789 | - | - | - | - |
| Issued capital100 | €24,789 | €24,789 | - | - | - | - |
| Reserves13 | €452 | €452 | €452 | €452 | €452 | = |
| Non-distributable reserves130/1 | €452 | €452 | €452 | €452 | €452 | = |
| Legal reserve130 | €452 | €452 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €452 | €452 | €452 | = |
| Profit (loss) carried forward14 | -€35,603 | -€35,771 | -€35,939 | -€36,122 | -€36,293 | ▼ 0.5% |
| Amounts payable17/49 | €11,229 | €11,329 | €11,629 | €11,629 | €11,874 | ▲ 2.1% |
| Amounts payable after more than one year17 | - | - | €11,629 | €11,629 | €11,874 | ▲ 2.1% |
| Other amounts payable178/9 | - | - | €11,629 | €11,629 | €11,874 | ▲ 2.1% |
| Amounts payable within one year42/48 | €11,229 | €11,329 | - | - | - | - |
| Other amounts payable47/48 | €11,229 | €11,329 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€148 | -€167 | -€168 | -€183 | -€171 | ▲ 6.3% |
| Operating cash flow (approximation) | -€148 | -€167 | -€168 | -€183 | -€171 | ▲ 6.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€67 | €132 | -€183 | €74 | ▲ 140% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612D0176/00H004 | Brussels | 281 m² | 1 · 72 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
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Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.