Summary
DIRCA-INVEST is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €174k and a net result of €-20k. Equity is growing by ~14.5% per year across the filed fiscal years. Its solvency ranks better than 67% of 6156 sector peers (fiscal year 2024). The company has been active since 2011 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
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
64 d late
2022
92 d late
2021
31 d late
2020
76 d late
2019
22 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€174k▼ 10.5%
2023 · €194k
2018: €83k
2019: €103k
2020: €126k
2021: €153k
2022: €179k
2023: €194k
2018 → 2024
Net result
€-20k
2023 · €14k
2018: €7k
2019: €20k
2020: €25k
2021: €27k
2022: €26k
2023: €14k
2018 → 2024
Total assets
€249k▼ 11.9%
2023 · €282k
2018: €329k
2019: €328k
2020: €327k
2021: €333k
2022: €336k
2023: €282k
2018 → 2024
Solvency
69.8%▲ 1.1pp
2023 · 68.7%
2018: 25.1%
2019: 31.4%
2020: 38.5%
2021: 46.0%
2022: 53.5%
2023: 68.7%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€126k-€153k▲ 21.6%€179k▲ 17.2%€194k▲ 8.1%€174k▼ 10.5%
Operating result€40k-€46k▲ 16.0%€43k▼ 5.6%€25k▼ 41.7%€-17k
Net result€25k-€27k▲ 8.6%€26k▼ 3.2%€14k▼ 45.0%€-20k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €17k after €25k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €249k
Fixed assets
€240k ▼ 8.8%
Current assets
€9k ▼ 54.6%
Equity and liabilities €249k
Equity
€174k ▼ 10.5%
Debt
€75k ▼ 14.9%
Debt's share of the balance-sheet total falls from 31.3% to 30.2%. Equity and debt are lower.
Key figures and ratios
ROE
-11.7%▼
2023 · 7.5%
ROA
-8.2%▼
2023 · 5.1%
Debt ≤ 1 year
€43k▲
2023 · €31k
Debt > 1 year
€32k▼
2023 · €58k
Income taxes
€337▼
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 45 lines
Balance sheet
Code20232024
Assets
Total assets20/58€282k€249k▼
Fixed assets21/28€263k€240k▼
Tangible fixed assets22/27€263k€240k▼
Land and buildings22€228k€212k▼
Furniture and vehicles24€35k€28k▼
Current assets29/58€19k€9k▼
Amounts receivable within one year40/41€7k€3k▼
Other amounts receivable41€7k€3k▼
Current investments50/53€35€35▲
Cash at bank and in hand54/58€10k€3k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€282k€249k▼
Equity10/15€194k€174k▼
Contributions10/11€19k€19k=
Reserves13€175k€155k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€173k€153k▼
Amounts payable17/49€88k€75k▼
Amounts payable after more than one year17€58k€32k▼
Financial debts170/4€58k€32k▼
Amounts payable within one year42/48€31k€43k▲
Current portion of amounts payable after more than one year42€26k€26k=
Trade debts44€3k€963▼
Suppliers440/4€3k€963▼
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3-€3k
Remuneration and social security454/9€2k-
Other amounts payable47/48€230€13k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€23k▲
Other operating charges640/8€2k€877▼
Gross operating margin9900€44k€7k▼
Operating profit (loss)9901€25k€-17k▼
Financial income75/76B€0€50▲
Recurring financial income75€0€50▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€22k€-20k▼
Income taxes67/77€7k€337▼
Profit (loss) for the period9904€14k€-20k▼
Profit (loss) for the period to be appropriated9905€14k€-20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€-20k▼
Transfer from equity791/2-€20k
Transfer to equity691/2€14k-
To other reserves6921€14k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2024
31-12
Financial
Weakest financial yearnet €-20k ▼240%
Net result drops to €-20k, the lowest in the series.
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 64 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 92 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €27k ▲8.6%
Operating result €46k, net result €27k, both a record.
31-12
Financial
Equity above €150kEq €153k ▲21.6%
4 profitable years in a row build equity to €153k.
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 76 days late
2020
22-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 22 days late
2019
31-12
Financial
Equity above €100kEq €103k ▲24.8%
2 profitable years in a row build equity to €103k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
23-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Destelbergen · 1 establishment unit since 2011
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.
Laarnebaan(HEU) 1139070 DestelbergenGround area
786 m²
Building footprint
163 m²
Volume, LiDAR
967 m³
Parcel 44028B0139/00M002, Flanders · tallest building 15.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
DIRCA-INVEST
since 20112.204.862.260
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44028B0139/00M002 | Flanders | 786 m² | 1 · 163 m² | 15.8 m · 1 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.
Similar companies · same sector, comparable size
SANBO
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AMG Plafonnage Holding
BE 0777.502.312
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Cedric Schellens Logistics
BE 0711.851.722
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DIVAHO MANAGEMENT & ADVIES
BE 0831.357.009
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,446 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68121Development of residential building projects
42990Civil engineering
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.