EFAX
ActiveThe computed 12-month bankruptcy probability of EFAX is 2.3% (moderate). The 2025 annual accounts show equity of €21k and a net result of €604. Equity is growing by ~39.7% per year across the filed fiscal years. Its solvency ranks better than 30% of 27787 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-30
Solvency54▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.78 against 0.85 in 2024; short-term debt: 54.8% and cash: 5.6% of total assets), and 70.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
29.3%
Return on assets
0.8%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-01-2026, 89 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 · 5 filingsDeviation from the deadline
2025
89 d late
2024
454 d late
2023
119 d late
2022
67 d late
2021
10 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
€222k
EBIT margin
6.8%
Net result
€604▼ 93.9%
2024 · €10k
2021: €5k
2022: €4k
2023: €3k
2024: €10k
2021 → 2025
Working capital
€-9k▼ 66.2%
2024 · €-5k
2021: €-10k
2022: €-8k
2023: €-7k
2024: €-5k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€222k
Equity€5k-€8k▲ 76.6%€11k▲ 35.1%€21k▲ 90.8%€21k▲ 2.9%
Operating result€6k-€6k▼ 0.9%€7k▲ 27.3%€15k▲ 114%€-979
Net result€5k-€4k▼ 23.4%€3k▼ 19.2%€10k▲ 250%€604▼ 93.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €979 after €15k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €73k
Fixed assets
€42k▲ 27.2%
Current assets
€31k▲ 7.1%
Equity and liabilities €73k
Equity
€21k▲ 2.9%
Debt
€52k▲ 25.2%
The debt ratio rises from 66.5% to 70.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▼
2024 · €26k
Cash flow
€15k▼
2024 · €21k
Solvency
29.3%▼
2024 · 33.5%
Current ratio
0.78▼
2024 · 0.85
Quick ratio
0.78▼
2024 · 0.85
Debt / equity
2.42▲
2024 · 1.99
ROE
2.8%▼
2024 · 47.6%
ROA
0.8%▼
2024 · 15.9%
Interest coverage
3.91▼
2024 · 8.89
Debt
€52k▲
2024 · €41k
Debt ≤ 1 year
€40k▲
2024 · €35k
Debt > 1 year
€12k▲
2024 · €7k
Income taxes
€-114▼
2024 · €4k
Staff costs
€158k▲
2024 · €72k
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€62k€73k▲
Fixed assets21/28€33k€42k▲
Tangible fixed assets22/27€33k€42k▲
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€28k€39k▲
Current assets29/58€29k€31k▲
Amounts receivable within one year40/41€16k€27k▲
Trade receivables40€7k€16k▲
Other amounts receivable41€9k€11k▲
Cash at bank and in hand54/58€13k€4k▼
Equity and liabilities
Total equity and liabilities10/49€62k€73k▲
Equity10/15€21k€21k▲
Profit (loss) carried forward14€21k€21k▲
Amounts payable17/49€41k€52k▲
Amounts payable after more than one year17€7k€12k▲
Financial debts170/4€7k€12k▲
Amounts payable within one year42/48€35k€40k▲
Current portion of amounts payable after more than one year42€11k€14k▲
Trade debts44€9k€18k▲
Suppliers440/4€9k€18k▲
Advances received on contracts in progress46€2k€2k=
Taxes, remuneration and social security45€13k€7k▼
Taxes450/3€8k€3k▼
Remuneration and social security454/9€5k€3k▼
Income statement
Code20242025
Turnover70€222k-
Goods, raw materials, services and sundry goods60/61€121k-
Remuneration, social security and pensions62€72k€158k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€14k▲
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A-€258
Gross operating margin9900€101k€174k▲
Operating profit (loss)9901€15k€-979▼
Financial income75/76B€2k€5k▲
Recurring financial income75€190€515▲
Non-recurring financial income76B€1k€4k▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€14k€490▼
Income taxes67/77€4k€-114▼
Profit (loss) for the period9904€10k€604▼
Profit (loss) for the period to be appropriated9905€10k€604▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€21k▲
Profit (loss) brought forward from the previous period14P€11k€21k▲
The notes to these accounts (6 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
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 89 days late
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 454 days late
2025
31-03
Financial
Weakest financial yearnet €604 ▼93.9%
Net result drops to €604, the lowest in the series.
2024
31-03
Financial
Highest result since 2021net €10k ▲250%
Operating result €15k, net result €10k, both a record.
27-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
2023
06-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2021
21-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro 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, Gent · 1 establishment unit since 2019
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.
Ooievaarsnest 299050 GentGround area
1,735 m²
Building footprint
65 m²
Volume, LiDAR
339 m³
Parcel 44022A0464/00D003, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
EFAX
since 20192.289.921.164
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44022A0464/00D003 | Flanders | 1,735 m² | 1 · 65 m² | 8.4 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
GO INFRA
BE 1026.716.789
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SOENS ALEXANDER GRONDWERKEN
BE 0537.166.303
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VANHEUKELOM SIMON
BE 0683.962.044
Lummen · Eq €22k
VICTOR DUBART
BE 0841.556.558
Rumes · Eq €22k
SERMICA GROUP
BE 0876.610.675
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Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 1,997 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-05-2019
Fiscal year end31-03
Activities, NACEBEL
43120Site preparation
33120Repair and maintenance of machinery
43211General electrical installation work
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
81220Other building cleaning and industrial cleaning
81230Other cleaning activities
82920Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.