Age67 yrs
Real estate2 parcels · 1.1 ha
Summary
Conclusion
the dossier summarised in one paragraphF.S.B. has been active since 1959 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-1.56M) and a net result of €-130k. The computed 12-month bankruptcy probability is 0.3% (very low).
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.3%
Very low
0%0,5%1,5%4%10%≥25%
Long track record
−Higher-failure-rate sector
+Lower-risk legal form
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Filing behaviour
From the deposit records, complete market-wideFiled after the deadline
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 03-04-2026, 3 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.
The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-08. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-08-2025, that is 31-03-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-08-2025 | 31-03-2026 | 03-04-2026 | 3 d late | 2026-00072294 |
| 31-08-2024 | 31-03-2025 | 29-08-2025 | 151 d late | 2025-00435496 |
| 31-08-2023 | 31-03-2024 | 04-06-2024 | 65 d late | 2024-00108176 |
| 31-08-2022 | 31-03-2023 | 16-05-2023 | 46 d late | 2023-00088147 |
| 31-08-2021 | 31-03-2022 | 30-03-2022 | 1 d early | 2022-09100539 |
| 31-08-2020 | 31-03-2021 | 06-07-2021 | 97 d late | 2021-31900076 |
| 31-08-2019 | 31-03-2020 | 30-04-2020 | 30 d late | 2020-11100036 |
| 31-08-2018 | 31-03-2019 | 20-03-2019 | 11 d early | 2019-07900518 |
| 31-08-2017 | 31-03-2018 | 30-03-2018 | 1 d early | 2018-08800028 |
| 31-08-2016 | 31-03-2017 | 13-07-2017 | 104 d late | 2017-22900059 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 1959, 67 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
TurnoverNot published (abbreviated schema)
EBIT marginNot published (abbreviated schema)
Net result€-130k
Working capital€394k
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 03-04-2026 with the NBB · fiscal year 2025 · abbreviated schema
| Fiscal year | 2025 |
|---|---|
| Deposit | abbreviated schema |
| Revenue | - |
| EBITDA | €281k |
| Net profit | €-130k |
| Cash flow | €27k |
| Staff costs | - |
| Income taxes | €39k |
| Dividends | - |
| Total assets | €2.72M |
| Equity | €-1.56M |
| Debt | €3.86M |
| of which ≤ 1y | €232k |
| of which > 1y | €3.63M |
| Working capital | €394k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 2.70 |
| Quick ratio | 2.70 |
| Working capital ratio | 14.5% |
| Solvency | -57.4% |
| Debt / equity | -2.47 |
| Long-term debt ratio | -2.32 |
| Interest coverage | 1.16 |
| Gross margin | - |
| Net margin | - |
| ROA | -4.8% |
| ROE | 8.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.72M |
| Fixed assets | 21/28 | €2.09M |
| Tangible fixed assets | 22/27 | €2.09M |
| Current assets | 29/58 | €626k |
| Amounts receivable within one year | 40/41 | €597k |
| Cash & bank | 54/58 | €29k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.72M |
| Equity | 10/15 | €-1.56M |
| Contributions / capital | 10/11 | €64k |
| Reserves | 13 | €668k |
| Accumulated profits (losses) | 14 | €-2.29M |
| Provisions & deferred taxes | 16 | €425k |
| Amounts payable | 17/49 | €3.86M |
| Amounts payable after one year | 17 | €3.63M |
| Amounts payable within one year | 42/48 | €232k |
| Trade debts payable within one year | 44 | €67k |
| Income statement | ||
| Gross operating margin | 9900 | €298k |
| Operating result | 9901 | €123k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €242k |
| Result before taxes | 9903 | €-119k |
| Income taxes | 67/77 | €39k |
| Net result for the period | 9904 | €-130k |
| Result to be appropriated | 9905 | €-47k |
Ratios computed by Checked.
Health barometer
FY 2025 · computed33
/ 100
Weak
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
1 director11 of this company's 11 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
-
NEIRYNCK Matthias BerndDirectorState Gazette act 24398654 (22-05-2024)Current22-05-2024 → present
Permanent representatives (3)
These people represent a legal-person director (a management company, for instance). They hold no board mandate of their own and do not count as directors.
-
Down2Earth Continuation Fund PrivakLimited partnershipPermanent representative· perm. rep.: KLOECK PeterState Gazette act 24398654 (22-05-2024)Permanent representative22-05-2024 → present
-
Down2Earth CapitalPublic limited companyPermanent representative· perm. rep.: KEPPENS Alain Georges ElisabethState Gazette act 24398654 (22-05-2024)Permanent representative- → 22-05-2024
-
ManzelPrivate limited companyPermanent representative· perm. rep.: KLOECK Peter Paul Godelieve CorneelState Gazette act 24398654 (22-05-2024)Permanent representative- → 22-05-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw(77320) |
| Legal form | Public limited company(014) |
| Incorporation | 29-03-1959 |
| Status | Active |
| Postal code | 2000 |
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Minderbroedersrui 112000 AntwerpenEstablishment units
1 locationF.S.B.
since 19592.004.443.929
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1.1 ha
Buildings2
Building footprint7,620 m²
Volume (LiDAR)42,194 m³
Tallest building19.4 m · ±4 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017D0928/00N000 | Flanders | 1.0 ha | 1 · 7,055 m² | 8.4 m · 2 fl. |
| 11002A0692/00E000 | Flanders | 808 m² | 1 · 565 m² | 19.4 m · 4 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 act All acts · 1
updated 2 years ago
2024
22-05-2024 2 directors appointed, 2 resigning
- KLOECK Peter, Vaste vertegenwoordiger
- NEIRYNCK Matthias Bernd, Bestuurder
- KEPPENS Alain Georges Elisabeth, Vaste vertegenwoordiger
- KLOECK Peter Paul Godelieve Corneel, Vaste vertegenwoordiger
Notary:
Frank Liesse · AntwerpenFirm:
Celis & Liesse
Analysis
Financial profile
4 of 5 axes measured57
/ 100
Mixed profile: strong on stability, weaker on health.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
33
Profitability
42
Solvency
67
Growth
-
Stability
85
Credit advice
verdict per customer and amountSimilar
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 97 of the 665 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw77320Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen68203
Primary activity highlighted.
Names & trade names
| Legal nameNL | F.S.B. |
Registered office
Minderbroedersrui 11
2000 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.