DEFOBRA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €433k and a net result of €-62k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 48% of 8013 sector peers (fiscal year 2025). The company has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
6 d early
2023
5 d early
2022
7 d early
2021
4 d early
2020
1 d early
2019
7 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€433k▼ 12.5%
2024 · €495k
2018: €364k
2019: €395k
2020: €430k
2021: €463k
2022: €487k
2023: €495k
2024: €495k
2018 → 2025
Net result
€-62k
2024 · €202
2018: €435
2019: €31k
2020: €35k
2021: €32k
2022: €24k
2023: €8k
2024: €202
2018 → 2025
Total assets
€874k▼ 6.6%
2024 · €936k
2018: €728k
2019: €756k
2020: €782k
2021: €833k
2022: €926k
2023: €941k
2024: €936k
2018 → 2025
Solvency
49.6%▼ 3.3pp
2024 · 52.9%
2018: 50.0%
2019: 52.3%
2020: 55.1%
2021: 55.5%
2022: 52.6%
2023: 52.6%
2024: 52.9%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€463k-€487k▲ 5.3%€495k▲ 1.6%€495k=€433k▼ 12.5%
Operating result€59k-€44k▼ 25.2%€20k▼ 54.9%€13k▼ 35.0%€-63k
Net result€32k-€24k▼ 24.0%€8k▼ 68.1%€202▼ 97.4%€-62k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €63k after €13k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €874k
Fixed assets
€418k▲ 2.7%
Current assets
€456k▼ 13.8%
Equity and liabilities €874k
Equity
€433k▼ 12.5%
Debt
€441k=
The debt ratio rises from 47.1% to 50.4%. Equity is lower.
Key figures and ratios
Solvency
49.6%▼
2024 · 52.9%
ROE
-14.3%▼
2024 · 0.0%
ROA
-7.1%▼
2024 · 0.0%
Debt
€441k=
2024 · €441k
Debt ≤ 1 year
€44k▲
2024 · €36k
Debt > 1 year
€371k▼
2024 · €386k
Income taxes
€227▼
2024 · €243
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€936k€874k▼
Fixed assets21/28€407k€418k▲
Tangible fixed assets22/27€407k€418k▲
Land and buildings22€369k€363k▼
Plant, machinery and equipment23€5k€36k▲
Furniture and vehicles24€33k€19k▼
Current assets29/58€529k€456k▼
Amounts receivable within one year40/41€27k€24k▼
Trade receivables40-€636
Other amounts receivable41€27k€23k▼
Current investments50/53€487k€413k▼
Cash at bank and in hand54/58€14k€20k▲
Equity and liabilities
Total equity and liabilities10/49€936k€874k▼
Equity10/15€495k€433k▼
Contributions10/11€227k€227k=
Outside capital11€227k€227k=
Other1109/19€227k€227k=
Reserves13€268k€268k=
Non-distributable reserves130/1€23k€23k=
Reserves not available under the articles1311€23k€23k=
Distributable reserves133€245k€245k=
Profit (loss) carried forward14-€-62k
Amounts payable17/49€441k€441k=
Amounts payable after more than one year17€386k€371k▼
Financial debts170/4€16k€1k▼
Other amounts payable178/9€370k€370k=
Amounts payable within one year42/48€36k€44k▲
Current portion of amounts payable after more than one year42€15k€15k▲
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Other amounts payable47/48€20k€27k▲
Accrued charges and deferred income492/3€19k€26k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€22k▼
Other operating charges640/8€16k€17k▲
Gross operating margin9900€52k€-24k▼
Operating profit (loss)9901€13k€-63k▼
Financial income75/76B€7k€28k▲
Recurring financial income75€7k€28k▲
Financial charges65/66B€20k€27k▲
Recurring financial charges65€20k€27k▲
Profit (loss) for the period before taxes9903€445€-62k▼
Income taxes67/77€243€227▼
Profit (loss) for the period9904€202€-62k▼
Profit (loss) for the period to be appropriated9905€202€-62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€202€-62k▼
Transfer to equity691/2€202-
To other reserves6921€202-
The notes to these accounts (5 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
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-62k ▼30776%
Net result drops to €-62k, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €35k ▲13.4%
Net result €35k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 63.27
Current ratio from 25.06 to 63.27; short-term debt falls from €16k to €7k.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 13 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Harelbeke · 1 establishment unit since 1989
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.
Marichaalstraat 18531 HarelbekeGround area
4,638 m²
Building footprint
317 m²
Volume, LiDAR
1,553 m³
Parcel 34004B0482/00G000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Marichaalstraat 1, 8531 Harelbeke
since 19892.045.848.378
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34004B0482/00G000 | Flanders | 4,638 m² | 1 · 317 m² | 8.6 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.
Recognitions · licences · registrations
Legal Entity Identifier
894500FVE32A1734OH40
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3LV CONCEPTS
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,760. 13,708 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-11-1989
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.