DETROIT
ActiveDETROIT has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.17M and a net result of €25k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 80% of 13905 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability11▼-23
Solvency67=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity short (current ratio 0.14 against 0.13 in 2024), and 27.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.9%
Return on assets
1.6%
Age of the figures
14 mo
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 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
74 d early
2023
21 d early
2022
28 d early
2021
on the day
2020
5 d early
2019
17 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 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.17M▲ 2.2%
2024 · €1.15M
2019: €905k
2020: €933k
2021: €952k
2022: €1.01M
2023: €1.07M
2024: €1.15M
2019 → 2025
Total assets
€1.61M▼ 3.3%
2024 · €1.66M
2019: €1.87M
2020: €1.82M
2021: €1.77M
2022: €1.76M
2023: €1.71M
2024: €1.66M
2019 → 2025
Net result
€25k▼ 68.2%
2024 · €79k
2019: €20k
2020: €28k
2021: €19k
2022: €61k
2023: €54k
2024: €79k
2019 → 2025
Working capital
€-374k▲ 17.2%
2024 · €-451k
2019: €-950k
2020: €-870k
2021: €-790k
2022: €-716k
2023: €-597k
2024: €-451k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€952k-€1.01M▲ 6.4%€1.07M▲ 5.4%€1.15M▲ 7.4%€1.17M▲ 2.2%
Operating result€53k-€92k▲ 71.7%€88k▼ 4.4%€114k▲ 30.3%€57k▼ 49.7%
Net result€19k-€61k▲ 217%€54k▼ 10.5%€79k▲ 45.6%€25k▼ 68.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 50% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.61M
Fixed assets
€1.54M▼ 3.3%
Current assets
€62k▼ 4.5%
Equity and liabilities €1.61M
Equity
€1.17M▲ 2.2%
Debt
€435k▼ 15.6%
The debt ratio falls from 31.0% to 27.1%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€147k▼
2024 · €197k
Cash flow
€115k▼
2024 · €162k
Solvency
72.9%▲
2024 · 69.0%
Current ratio
0.14▲
2024 · 0.13
Quick ratio
0.14▲
2024 · 0.13
Debt / equity
0.37▼
2024 · 0.45
ROE
2.1%▼
2024 · 6.9%
ROA
1.6%▼
2024 · 4.8%
Interest coverage
4.59▼
2024 · 5.64
Debt
€435k▼
2024 · €516k
Debt ≤ 1 year
€435k▼
2024 · €516k
Income taxes
€848▲
2024 · €765
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€1.66M€1.61M▼
Fixed assets21/28€1.60M€1.54M▼
Tangible fixed assets22/27€1.60M€1.54M▼
Land and buildings22€1.56M€1.51M▼
Plant, machinery and equipment23€13k€14k▲
Furniture and vehicles24€29k€23k▼
Current assets29/58€65k€62k▼
Amounts receivable within one year40/41-€17k
Trade receivables40-€17k
Cash at bank and in hand54/58€58k€38k▼
Deferred charges and accrued income490/1€6k€7k▲
Equity and liabilities
Total equity and liabilities10/49€1.66M€1.61M▼
Equity10/15€1.15M€1.17M▲
Contributions10/11€1.60M€1.60M=
Capital10€1.60M€1.60M=
Issued capital100€1.60M€1.60M=
Reserves13€62k€62k=
Non-distributable reserves130/1€53k€53k=
Legal reserve130€53k€53k=
Tax-exempt reserves132€9k€9k=
Profit (loss) carried forward14€-514k€-489k▲
Amounts payable17/49€516k€435k▼
Amounts payable within one year42/48€516k€435k▼
Current portion of amounts payable after more than one year42€40k€45k▲
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€13k€14k▲
Taxes450/3€13k€14k▲
Other amounts payable47/48€460k€371k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€90k▲
Other operating charges640/8€26k€32k▲
Gross operating margin9900€223k€180k▼
Operating profit (loss)9901€114k€57k▼
Financial income75/76B€315€582▲
Recurring financial income75€315€582▲
Financial charges65/66B€35k€32k▼
Recurring financial charges65€35k€32k▼
Profit (loss) for the period before taxes9903€80k€26k▼
Income taxes67/77€765€848▲
Profit (loss) for the period9904€79k€25k▼
Profit (loss) for the period to be appropriated9905€79k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-514k€-489k▲
Profit (loss) brought forward from the previous period14P€-593k€-514k▲
The notes to these accounts (4 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
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2019net €79k ▲45.6%
Operating result €114k, net result €79k, both a record.
10-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €1MEq €1.01M ▲6.4%
4 profitable years in a row build equity to €1.01M.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €19k ▼31.5%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
13-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
22-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Kortrijk · 1 establishment unit since 2003
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.
Tarwelaan(Kor) 538500 KortrijkGround area
2,934 m²
Building footprint
158 m²
Volume, LiDAR
1,167 m³
Parcel 34354C0727/00Z000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DETROIT NV
since 20032.111.986.542
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354C0727/00Z000 | Flanders | 2,934 m² | 1 · 158 m² | 10.8 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 54,562 EUR awarded · 24,442 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 26,281 EUR | 14,871 EUR |
| 2024 | 1 | 16,182 EUR | 4,200 EUR |
| 2023 | 1 | 4,200 EUR | 5,371 EUR |
| 2022 | 1 | 7,899 EUR | 0 EUR |
Schemes
Erfgoedpremie voor beschermde monumenten en landschappen - standaardprocedure
Similar companies · same sector, comparable size
FBGO INVEST
BE 0644.856.790
Grez-Doiceau · Eq €1.17M
VS REAL ESTATE
BE 0630.816.041
Knokke-Heist · Eq €1.17M
GYMMO
BE 0451.918.644
Elsene · Eq €1.17M
GEERT LIPPENS MANAGEMENT
BE 0460.745.743
Kruisem · Eq €1.17M
LEUVENS GRONDFONDS
BE 0628.897.124
Leuven · Eq €1.17M
Of 9,633 companies in sector 68121 we hold annual accounts for 7,327. 3,694 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-03-1989
Fiscal year end30-06
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.