ENTREC
ActiveENTREC has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.56M and a net result of €233k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 78% of 430 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
83
/ 100
Excellent▼ -13 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-54
Solvency100▲+6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity ample (current ratio 4.98 against 1.96 in 2024), and 25.1% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
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
74.9%
Return on assets
6.8%
Age of the figures
9 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
3 d early
2023
28 d late
2022
31 d early
2021
30 d early
2020
on the day
2019
83 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€233k▼ 84.4%
2024 · €1.50M
2018: €182k
2019: €63
2020: €-19k
2021: €252k
2022: €-125k
2023: €223k
2024: €1.50M
2018 → 2025
Working capital
€2.54M▲ 8.9%
2024 · €2.33M
2018: €281k
2019: €366k
2020: €255k
2021: €425k
2022: €470k
2023: €395k
2024: €2.33M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.37M-€1.24M▼ 9.2%€1.27M▲ 2.3%€2.57M▲ 103%€2.56M▼ 0.7%
Operating result€405k-€-98k€285k€1.75M▲ 514%€212k▼ 87.9%
Net result€252k-€-125k€223k€1.50M▲ 572%€233k▼ 84.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 88% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.41M
Fixed assets
€236k▼ 57.2%
Current assets
€3.17M▼ 33.1%
Equity and liabilities €3.41M
Equity
€2.56M▼ 0.7%
Provisions
€209k▼ 3.3%
Debt
€646k▼ 74.2%
The debt ratio falls from 47.3% to 19.0%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€303k▼
2024 · €1.87M
Cash flow
€324k▼
2024 · €1.61M
Solvency
74.9%▲
2024 · 48.6%
Current ratio
4.98▲
2024 · 1.96
Quick ratio
3.07▲
2024 · 0.89
Debt / equity
0.25▼
2024 · 0.97
ROE
9.1%▼
2024 · 58.2%
ROA
6.8%▼
2024 · 28.3%
Interest coverage
120.56▲
2024 · 47.42
Debt
€646k▼
2024 · €2.51M
Debt ≤ 1 year
€637k▼
2024 · €2.42M
Income taxes
€893▲
2024 · €640
Staff costs
€1.20M▲
2024 · €1.10M
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€5.30M€3.41M▼
Fixed assets21/28€551k€236k▼
Intangible fixed assets21€43k€7k▼
Tangible fixed assets22/27€506k€228k▼
Land and buildings22€0€12k▲
Plant, machinery and equipment23€479k€155k▼
Furniture and vehicles24€28k€61k▲
Other tangible fixed assets26€0-
Assets under construction and advance payments27€0-
Financial fixed assets28€1k€1k▲
Current assets29/58€4.75M€3.17M▼
Stocks and contracts in progress3€2.59M€1.22M▼
Stocks30/36€895k€1.22M▲
Contracts in progress37€1.70M€0▼
Amounts receivable within one year40/41€350k€1.13M▲
Trade receivables40€269k€852k▲
Other amounts receivable41€81k€279k▲
Current investments50/53€1.35M€0▼
Cash at bank and in hand54/58€411k€799k▲
Deferred charges and accrued income490/1€40k€25k▼
Equity and liabilities
Total equity and liabilities10/49€5.30M€3.41M▼
Equity10/15€2.57M€2.56M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€300k€300k=
Reserves13€2.21M€2.19M▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€667k€646k▼
Distributable reserves133€1.54M€1.54M▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€216k€209k▼
Deferred taxes168€216k€209k▼
Amounts payable17/49€2.51M€646k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€2.42M€637k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€0-
Other loans439€0-
Trade debts44€356k€445k▲
Suppliers440/4€356k€445k▲
Advances received on contracts in progress46€1.70M€0▼
Taxes, remuneration and social security45€136k€175k▲
Taxes450/3€0€11k▲
Remuneration and social security454/9€136k€164k▲
Other amounts payable47/48€224k€17k▼
Accrued charges and deferred income492/3€90k€9k▼
Income statement
Code20242025
Non-recurring operating income76A€3k€65k▲
Remuneration, social security and pensions62€1.10M€1.20M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€115k€90k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-28k€27k▲
Other operating charges640/8€60k€8k▼
Non-recurring operating charges66A€29k€0▼
Gross operating margin9900€3.03M€1.54M▼
Operating profit (loss)9901€1.75M€212k▼
Financial income75/76B€4k€17k▲
Recurring financial income75€4k€17k▲
Financial charges65/66B€39k€3k▼
Recurring financial charges65€39k€3k▼
Profit (loss) for the period before taxes9903€1.72M€227k▼
Transfer from deferred taxes780€2k€7k▲
Transfer to deferred taxes680€219k€0▼
Income taxes67/77€640€893▲
Profit (loss) for the period9904€1.50M€233k▼
Transfer from tax-exempt reserves789€7k€21k▲
Transfer to tax-exempt reserves689€656k€0▼
Profit (loss) for the period to be appropriated9905€850k€255k▼
Appropriation of the result
Profit (loss) to be appropriated9906€754k€255k▼
Profit (loss) brought forward from the previous period14P€-97k€0▲
Transfer from equity791/2-€252k
Transfer to equity691/2€559k€255k▼
To other reserves6921€559k€255k▼
Profit to be distributed694/7€194k€252k▲
Return on contributions (dividend)694€194k€252k▲
Social balance
Average headcount (FTE)908713.112.9▼
The notes to these accounts (21 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity triplescurrent ratio 4.98
Current ratio from 1.96 to 4.98; short-term debt falls from €2.42M to €637k.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €1.50M ▲572%
Operating result €1.75M, net result €1.50M, both a record.
31-12
Financial
Equity above €2MEq €2.57M ▲103%
2 profitable years in a row build equity to €2.57M.
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial
Back to profitnet €223k
Net result €223k after one loss-making year.
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Weakest financial yearnet €-125k ▼150%
Net result drops to €-125k, the lowest in the series; recovery starts the following year.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €252k
Net result €252k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 83 days late
2019
13-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Hoogstraten · 1 establishment unit since 1996
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.
Riyadhstraat 322321 HoogstratenGround area
7,891 m²
Building footprint
2,514 m²
Volume, LiDAR
17,246 m³
Parcel 13020F0275/00H000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Riyadhstraat 32, 2321 Hoogstraten
since 19962.076.209.972
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13020F0275/00H000 | Flanders | 7,891 m² | 1 · 2,513 m² | 8.1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 8,865 EUR awarded · 8,865 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 173 EUR | 173 EUR |
| 2024 | 1 | 339 EUR | 339 EUR |
| 2023 | 1 | 188 EUR | 188 EUR |
| 2022 | 2 | 8,165 EUR | 8,165 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
W.D.B. INVEST
BE 0458.603.627
Oosterzele · Eq €2.60M
Litho
BE 0887.340.063
Lubbeek · Eq €2.69M
IMMOBILIERE DEOM ANDRE A LIBIN
BE 0446.800.608
Libin · Eq €2.29M
PHLIPPO PRODUCTIONS
BE 0465.707.787
Lier · Eq €2.28M
RESIDENZ AG
BE 0478.696.681
Raeren · Eq €2.95M
Of 880 companies in sector 77229 we hold annual accounts for 318. 107 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-04-1996
Fiscal year end31-12
Activities, NACEBEL
71340
71408
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
46630Wholesale trade
51820
Sources
Crossroads Bank for EnterprisesNational Bank · 29 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.