DOK 138
ActiveDOK 138 has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €109k and a net result of €12k. Equity is shrinking by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 75% of 9690 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
93
/ 100
Excellent▼ -7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability56▼-44
Solvency99=
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 9.04 against 8.26 in 2023), and 36.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €109k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-12-2025, 127 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
127 d late
2023
203 d late
2022
33 d early
2021
31 d late
2020
87 d late
2019
105 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€109k▲ 12.5%
2023 · €97k
2018: €118k
2019: €128k
2020: €128k
2021: €92k
2022: €75k
2023: €97k
2018 → 2024
Total assets
€171k▲ 9.1%
2023 · €157k
2018: €184k
2019: €188k
2020: €188k
2021: €144k
2022: €165k
2023: €157k
2018 → 2024
Net result
€12k▼ 44.8%
2023 · €22k
2018: €21k
2019: €10k
2020: €10k
2021: €-7k
2022: €-18k
2023: €22k
2018 → 2024
Working capital
€149k▲ 11.7%
2023 · €133k
2018: €150k
2019: €154k
2020: €169k
2021: €92k
2022: €108k
2023: €133k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€128k-€92k▼ 27.9%€75k▼ 19.0%€97k▲ 29.4%€109k▲ 12.5%
Operating result€15k-€-6k€-17k▼ 174%€19k€16k▼ 15.3%
Net result€10k-€-7k€-18k▼ 169%€22k€12k▼ 44.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 15% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €171k
Fixed assets
€4k▼ 29.9%
Current assets
€168k▲ 10.4%
Equity and liabilities €171k
Equity
€109k▲ 12.5%
Debt
€62k▲ 3.5%
The debt ratio falls from 38.4% to 36.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€18k▼
2023 · €20k
Cash flow
€14k▼
2023 · €24k
Solvency
63.5%▲
2023 · 61.6%
Current ratio
9.04▲
2023 · 8.26
Quick ratio
9.04▲
2023 · 8.26
Debt / equity
0.57▼
2023 · 0.62
ROE
11.1%▼
2023 · 22.7%
ROA
7.1%▼
2023 · 14.0%
Interest coverage
30.06▼
2023 · 102.23
Debt
€62k▲
2023 · €60k
Debt ≤ 1 year
€19k▲
2023 · €18k
Income taxes
€3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€157k€171k▲
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€5k€4k▼
Furniture and vehicles24€5k€4k▼
Current assets29/58€152k€168k▲
Amounts receivable within one year40/41€30k€94k▲
Trade receivables40€30k€91k▲
Other amounts receivable41€113€2k▲
Cash at bank and in hand54/58€84k€36k▼
Deferred charges and accrued income490/1€37k€38k▲
Equity and liabilities
Total equity and liabilities10/49€157k€171k▲
Equity10/15€97k€109k▲
Contributions10/11€19k€19k=
Reserves13€78k€90k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€76k€88k▲
Amounts payable17/49€60k€62k▲
Amounts payable within one year42/48€18k€19k▲
Trade debts44€14k€14k▲
Suppliers440/4€14k€14k▲
Other amounts payable47/48€5k€5k=
Accrued charges and deferred income492/3€42k€44k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€841€505▼
Gross operating margin9900€21k€18k▼
Operating profit (loss)9901€19k€16k▼
Financial income75/76B€3k€114▼
Recurring financial income75€3k€114▼
Financial charges65/66B€200€585▲
Recurring financial charges65€200€585▲
Profit (loss) for the period before taxes9903€22k€16k▼
Income taxes67/77-€3k
Profit (loss) for the period9904€22k€12k▼
Profit (loss) for the period to be appropriated9905€22k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€12k▼
Transfer to equity691/2€22k€12k▼
To other reserves6921€22k€12k▼
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
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 127 days late
19-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 203 days late
2024
31-12
Financial
Equity above €100kEq €109k ▲12.5%
2 profitable years in a row build equity to €109k.
2023
31-12
Financial
Back to profitnet €22k
Net result €22k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 8.26
Current ratio from 3.16 to 8.26; short-term debt falls from €50k to €18k.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 87 days late
2020
13-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 105 days late
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-06
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
5 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, Antwerpen · 1 establishment unit since 1999
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.
Boterhamvaartweg 22030 AntwerpenGround area
1.2 ha
Building footprint
7,448 m²
Volume, LiDAR
52,098 m³
Parcel 11807G1595/67G000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Boterhamvaartweg 2, 2030 Antwerpen
since 19992.092.748.175
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1595/67G000 | Flanders | 1.2 ha | 1 · 7,448 m² | 8.2 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.
Similar companies · same sector, comparable size
SD ESTATE
BE 0824.631.840
Floreffe · Eq €109k
UNIHOME
BE 0567.684.382
Flobecq · Eq €109k
E.R.M.
BE 0478.774.380
Gavere · Eq €109k
CIPRO
BE 0462.877.664
Oostkamp · Eq €109k
TBX-Immo
BE 0758.416.868
Herk-de-Stad · Eq €109k
Of 7,287 companies in sector 68110 we hold annual accounts for 5,352. 3,717 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-05-1999
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
70120
Sources
Crossroads Bank for EnterprisesNational Bank · 25 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.