DSA
ActiveDSA has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180k and a net result of €5k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 74% of 1520 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
81
/ 100
Excellent▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-23
Solvency84▲+4
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.23 in 2024), and 40.4% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← 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
59.6%
Return on assets
1.7%
Age of the figures
13 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 23-12-2025, 67 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
67 d early
2024
on the day
2023
119 d early
2022
109 d early
2021
87 d early
2020
151 d early
2019
103 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close12-09-2026 today28-02-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€180k▲ 2.9%
2024 · €175k
2019: €127k
2020: €132k
2021: €144k
2022: €156k
2023: €162k
2024: €175k
2019 → 2025
Total assets
€302k▼ 4.4%
2024 · €315k
2019: €253k
2020: €254k
2021: €270k
2022: €279k
2023: €283k
2024: €315k
2019 → 2025
Net result
€5k▼ 60.7%
2024 · €13k
2019: €8k
2020: €5k
2021: €12k
2022: €12k
2023: €6k
2024: €13k
2019 → 2025
Working capital
€45k▲ 37.2%
2024 · €32k
2019: €81k
2020: €89k
2021: €113k
2022: €135k
2023: €152k
2024: €32k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€144k-€156k▲ 8.6%€162k▲ 3.7%€175k▲ 8.0%€180k▲ 2.9%
Operating result€20k-€22k▲ 7.4%€13k▼ 40.2%€20k▲ 53.8%€9k▼ 57.9%
Net result€12k-€12k▲ 3.1%€6k▼ 53.4%€13k▲ 126%€5k▼ 60.7%
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 falls in 2025; 2025 is 58% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €302k
Fixed assets
€135k▼ 4.9%
Current assets
€166k▼ 4.0%
Equity and liabilities €302k
Equity
€180k▲ 2.9%
Debt
€122k▼ 13.5%
The debt ratio falls from 44.7% to 40.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€19k▼
2024 · €30k
Cash flow
€15k▼
2024 · €23k
Solvency
59.6%▲
2024 · 55.3%
Current ratio
1.37▲
2024 · 1.23
Quick ratio
1.20▲
2024 · 1.07
Debt / equity
0.68▼
2024 · 0.81
ROE
2.8%▼
2024 · 7.4%
ROA
1.7%▼
2024 · 4.1%
Interest coverage
4.09▼
2024 · 6.58
Debt
€122k▼
2024 · €141k
Debt ≤ 1 year
€122k▼
2024 · €141k
Income taxes
€2k▼
2024 · €2k
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€315k€302k▼
Fixed assets21/28€142k€135k▼
Tangible fixed assets22/27€142k€135k▼
Land and buildings22€138k€130k▼
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€19€19=
Current assets29/58€173k€166k▼
Stocks and contracts in progress3€23k€20k▼
Stocks30/36€23k€20k▼
Amounts receivable within one year40/41€4k€9k▲
Trade receivables40€4k€2k▼
Other amounts receivable41€59€7k▲
Cash at bank and in hand54/58€145k€134k▼
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€315k€302k▼
Equity10/15€175k€180k▲
Contributions10/11€93k€93k=
Capital10€93k€93k=
Issued capital100€93k€93k=
Reserves13€10k€84k▲
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Distributable reserves133€941€75k▲
Profit (loss) carried forward14€71k€2k▼
Amounts payable17/49€141k€122k▼
Amounts payable within one year42/48€141k€122k▼
Trade debts44€20k€2k▼
Suppliers440/4€20k€2k▼
Taxes, remuneration and social security45€3k€1k▼
Taxes450/3€1k€1k▲
Remuneration and social security454/9€2k-
Other amounts payable47/48€118k€118k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€32k€21k▼
Operating profit (loss)9901€20k€9k▼
Financial income75/76B€392€3k▲
Recurring financial income75€392€3k▲
Non-recurring financial income76B€392-
Financial charges65/66B€6k€5k▼
Recurring financial charges65€5k€5k=
Non-recurring financial charges66B€1k€209▼
Profit (loss) for the period before taxes9903€15k€7k▼
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€13k€5k▼
Profit (loss) for the period to be appropriated9905€13k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€71k€76k▲
Profit (loss) brought forward from the previous period14P€58k€71k▲
Transfer to equity691/2-€74k
To other reserves6921-€74k
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
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
Financial
Highest result since 2019net €13k ▲126%
Net result €13k, the highest in the series.
2023
02-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
11-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-07
Financial
Equity above €150kEq €156k ▲8.6%
4 profitable years in a row build equity to €156k.
2021
03-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-07
Financial
Weakest financial yearnet €5k ▼39.3%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
2019
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
15-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
02-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2015
01-12
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
2 directors, no change since 2026
DE SPIEGELEER Kristof
CurrentDirector · since 09-01-2026
VAN DER CRUYSSEN Jan
CurrentDirector · since 09-01-2026
09-01-2026
DE SPIEGELEER Kristof: Appointed as Director
09-01-2026
VAN DER CRUYSSEN Jan: Appointed as Director
Location & real-estate footprint
Registered office, Oosterzele · 1 establishment unit since 1994
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.
Geraardsbergse steenweg 1759860 OosterzeleGround area
433 m²
Building footprint
135 m²
Volume, LiDAR
614 m³
Parcel 44052B0784/00T000, Flanders · tallest building 6.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Geraardsbergse steenweg 175, 9860 Oosterzele
since 19942.069.147.085
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44052B0784/00T000 | Flanders | 433 m² | 1 · 135 m² | 6.2 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
DECOLA NUTRACEUTICS
BE 0672.468.831
Maldegem · Eq €182k
BELGIUM OFFICE INNOVATORS
BE 0661.573.157
Essen · Eq €197k
SAFINIMMO
BE 0436.895.423
Elsene · Eq €159k
SAVAT
BE 0449.943.309
Zottegem · Eq €205k
Snick EuroIngredients
BE 0451.430.773
Oostkamp · Eq €213k
Of 390 companies in sector 10890 we hold annual accounts for 221. 118 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-12-1993
Fiscal year end31-07
Activities, NACEBEL
10890Manufacture of food products
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.