EC 2
ActiveEC 2 has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €-638. Equity is shrinking by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 73% of 11165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
70
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 3.37 against 3.77 in 2024), and 29.7% 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
70.3%
Return on assets
-12%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
29 d early
2023
34 d early
2022
18 d early
2021
33 d early
2020
18 d early
2019
69 d late
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€251k
EBIT margin
2.4%
Net result
€-638▲ 4.0%
2024 · €-665
2018: €4k
2019: €-2k
2020: €-597
2021: €-570
2022: €-496
2023: €-602
2024: €-665
2018 → 2025
Working capital
€4k▼ 14.6%
2024 · €4k
2018: €10k
2019: €7k
2020: €7k
2021: €6k
2022: €6k
2023: €5k
2024: €4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€6k▼ 8.1%€5k▼ 10.7%€4k▼ 13.2%€4k▼ 14.6%
Operating result€-501-€-448▲ 10.4%€-497▼ 10.8%€-566▼ 14.0%€-584▼ 3.1%
Net result€-570-€-496▲ 13.0%€-602▼ 21.3%€-665▼ 10.4%€-638▲ 4.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €584 in 2025 against €566 in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €5k
Equity
€4k▼ 14.6%
Debt
€2k=
The debt ratio rises from 26.5% to 29.7%: equity shrinks.
Key figures and ratios
Solvency
70.3%▼
2024 · 73.5%
Current ratio
3.37▼
2024 · 3.77
Quick ratio
3.37▼
2024 · 3.77
Debt / equity
0.42▲
2024 · 0.36
ROE
-17.1%▼
2024 · -15.2%
ROA
-12.0%▼
2024 · -11.2%
Debt
€2k=
2024 · €2k
Debt ≤ 1 year
€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€6k€5k▼
Current assets29/58€6k€5k▼
Amounts receivable within one year40/41€6k€5k▼
Other amounts receivable41€6k€5k▼
Cash at bank and in hand54/58€166€113▼
Equity and liabilities
Total equity and liabilities10/49€6k€5k▼
Equity10/15€4k€4k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-4k€-4k▼
Amounts payable17/49€2k€2k=
Amounts payable within one year42/48€2k€2k=
Trade debts44€558€558=
Suppliers440/4€558€558=
Taxes, remuneration and social security45€1k€1k=
Taxes450/3€1k€1k=
Income statement
Code20242025
Other operating charges640/8€387€400▲
Gross operating margin9900€-179€-184▼
Operating profit (loss)9901€-566€-584▼
Financial charges65/66B€99€54▼
Recurring financial charges65€99€54▼
Profit (loss) for the period before taxes9903€-665€-638▲
Profit (loss) for the period9904€-665€-638▲
Profit (loss) for the period to be appropriated9905€-665€-638▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-4k▼
Profit (loss) brought forward from the previous period14P€-3k€-4k▼
The notes to these accounts (1 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 5current ratio 5.31
Current ratio from 1.11 to 5.31; short-term debt falls from €55k to €1k.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 69 days late
2019
31-12
Financial
Weakest financial yearnet €-2k ▼156%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Tournai · 1 establishment unit since 2012
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.
Rue de la Terre à Briques(MAR) 147522 Tournai1 establishment unit
Rue de la Terre à Briques(MAR) 14, 7522 Tournai
since 20122.208.439.382
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Of 185 companies in sector 46322 we hold annual accounts for 133. 30 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-03-2012
Fiscal year end31-12
Activities, NACEBEL
46322Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filings
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.