CURB
ActiveThe computed 12-month bankruptcy probability of CURB is 2.0% (moderate). The 2023 annual accounts show equity of €187k and a net result of €-23k. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 46% of 9412 sector peers (fiscal year 2023). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2023
Axes · tick = 2022
Profitability0▼-39
Solvency68▼-30
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity ample (current ratio 1.69 against 2.24 in 2022), but 66.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2023Solvency, return and age of the figures
Solvency
33.6%
Return on assets
-4.1%
Age of the figures
32 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 6 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline13-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
61 d late
2022
141 d late
2021
152 d late
2020
211 d late
2019
180 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, abbreviated schema
Equity
€187k▼ 10.8%
2022 · €209k
2018: €30k
2019: €58k
2020: €155k
2021: €193k
2022: €209k
2018 → 2023
Total assets
€556k▲ 53.2%
2022 · €363k
2018: €104k
2019: €196k
2020: €374k
2021: €418k
2022: €363k
2018 → 2023
Net result
€-23k
2022 · €16k
2018: €12k
2019: €28k
2020: €97k
2021: €38k
2022: €16k
2018 → 2023
Working capital
€221k▲ 16.5%
2022 · €190k
2018: €30k
2019: €31k
2020: €133k
2021: €162k
2022: €190k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€58k-€155k▲ 167%€193k▲ 24.5%€209k▲ 8.5%€187k▼ 10.8%
Operating result€42k-€142k▲ 238%€52k▼ 63.3%€15k▼ 72.0%€-27k
Net result€28k-€97k▲ 251%€38k▼ 60.9%€16k▼ 56.8%€-23k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2023: a loss of €27k after €15k in 2022, the lowest year so far.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €556k
Fixed assets
€15k▼ 20.0%
Current assets
€540k▲ 57.2%
Equity and liabilities €556k
Equity
€187k▼ 10.8%
Debt
€369k▲ 140%
The debt ratio rises from 42.3% to 66.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-10k▼
2022 · €30k
Cash flow
€-6k▼
2022 · €31k
Solvency
33.6%▼
2022 · 57.7%
Current ratio
1.69▼
2022 · 2.24
Quick ratio
1.03▼
2022 · 1.07
Debt / equity
1.98▲
2022 · 0.73
ROE
-12.1%▼
2022 · 7.8%
ROA
-4.1%▼
2022 · 4.5%
Interest coverage
-7.36▼
2022 · 103.58
Debt
€369k▲
2022 · €154k
Debt ≤ 1 year
€319k▲
2022 · €154k
Debt > 1 year
€50k
Income taxes
€280▲
2022 · €277
Staff costs
€80k▲
2022 · €76k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€363k€556k▲
Fixed assets21/28€19k€15k▼
Tangible fixed assets22/27€19k€12k▼
Plant, machinery and equipment23€5k€6k▲
Furniture and vehicles24€14k€5k▼
Financial fixed assets28-€3k
Current assets29/58€344k€540k▲
Stocks and contracts in progress3€179k€212k▲
Stocks30/36€179k€212k▲
Amounts receivable within one year40/41€112k€243k▲
Trade receivables40€16k€658▼
Other amounts receivable41€96k€243k▲
Cash at bank and in hand54/58€52k€84k▲
Deferred charges and accrued income490/1€1k€399▼
Equity and liabilities
Total equity and liabilities10/49€363k€556k▲
Equity10/15€209k€187k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€189k€166k▼
Amounts payable17/49€154k€369k▲
Amounts payable after more than one year17-€50k
Financial debts170/4-€50k
Amounts payable within one year42/48€154k€319k▲
Trade debts44€4k-
Suppliers440/4€4k-
Taxes, remuneration and social security45€67k€70k▲
Taxes450/3€30k€34k▲
Remuneration and social security454/9€38k€36k▼
Other amounts payable47/48€83k€249k▲
Income statement
Code20222023
Remuneration, social security and pensions62€76k€80k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€16k▲
Other operating charges640/8€4k€7k▲
Gross operating margin9900€110k€76k▼
Operating profit (loss)9901€15k€-27k▼
Financial income75/76B€2k€6k▲
Recurring financial income75€2k€6k▲
Financial charges65/66B€285€1k▲
Recurring financial charges65€285€1k▲
Profit (loss) for the period before taxes9903€17k€-22k▼
Income taxes67/77€277€280▲
Profit (loss) for the period9904€16k€-23k▼
Profit (loss) for the period to be appropriated9905€16k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€189k€166k▼
Profit (loss) brought forward from the previous period14P€172k€189k▲
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
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Weakest financial yearnet €-23k ▼238%
Net result drops to €-23k, the lowest in the series.
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 141 days late
2022
31-12
Financial
Equity above €200kEq €209k ▲8.5%
5 profitable years in a row build equity to €209k.
30-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 152 days late
27-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 211 days late
2021
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 180 days late
2020
31-12
Financial
Highest result since 2018net €97k ▲251%
Operating result €142k, net result €97k, both a record.
31-12
Financial
Equity above €150kEq €155k ▲167%
3 profitable years in a row build equity to €155k.
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 68 days late
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, Gent · 2 establishment units since 2017
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.
Nederkouter 519000 GentGround area
321 m²
Building footprint
257 m²
Volume, LiDAR
1,889 m³
2 parcels, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
CURB
since 20172.270.103.866
Curb Waasland
since 20212.318.242.590
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46447B0442/00H007 | Flanders | 208 m² | 1 · 191 m² | 13.8 m · 1 fl. |
| 44805E1197/00A000 | Flanders | 113 m² | 1 · 66 m² | 14.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Dual-learning approval
2 live approvals · 5 endedWinkelmedewerker (vwo)
Winkelmedewerker duaal (so)
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VERT AUTRE CHOSE
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DEMAR IMPORT
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Of 1,306 companies in sector 47639 we hold annual accounts for 618. 488 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded31-03-2017
Fiscal year end31-12
Activities, NACEBEL
47639Retail sale of other sporting goods
47640Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.