FinAx is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €385.73M and a net result of €173.00M. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 74% of 2777 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
43 d early
2022
56 d early
2021
54 d early
2020
46 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema, statutory
Equity
€385.73M▲ 2.2%
2023 · €377.44M
2020: €356.65M
2021: €358.93M
2022: €371.65M
2023: €377.44M
2020 → 2024
Net result
€173.00M▲ 96.4%
2023 · €88.09M
2020: €8.63M
2021: €85.88M
2022: €106.72M
2023: €88.09M
2020 → 2024
Total assets
€457.13M▲ 21.0%
2023 · €377.66M
2020: €359.99M
2021: €359.11M
2022: €371.85M
2023: €377.66M
2020 → 2024
Solvency
84.4%▼ 15.6pp
2023 · 99.9%
2020: 99.1%
2021: 99.9%
2022: 99.9%
2023: 99.9%
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€356.65M-€358.93M▲ 0.6%€371.65M▲ 3.5%€377.44M▲ 1.6%€385.73M▲ 2.2%
Operating result€-177k-€-189k▼ 6.8%€-172k▲ 8.9%€-208k▼ 20.7%€-301k▼ 45.1%
Net result€8.63M-€85.88M▲ 895%€106.72M▲ 24.3%€88.09M▼ 17.5%€173.00M▲ 96.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €301k in 2024 against €208k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €457.13M
Fixed assets
€385.56M▲ 2.4%
Current assets
€71.58M▲ 5,748%
Equity and liabilities €457.13M
Equity
€385.73M▲ 2.2%
Debt
€71.40M▲ 31,351%
The debt ratio rises from 0.1% to 15.6%. Equity and debt are higher.
Key figures and ratios
Solvency
84.4%▼
2023 · 99.9%
ROE
44.8%▲
2023 · 23.3%
ROA
37.8%▲
2023 · 23.3%
Debt
€71.40M▲
2023 · €227k
Debt ≤ 1 year
€71.40M▲
2023 · €226k
Income taxes
€69k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€377.66M€457.13M▲
Fixed assets21/28€376.44M€385.56M▲
Financial fixed assets28€376.44M€385.56M▲
Affiliated companies280/1€376.44M€385.56M▲
Participating interests280€376.44M€385.56M▲
Current assets29/58€1.22M€71.58M▲
Amounts receivable within one year40/41€64k€124k▲
Trade receivables40€56k€87k▲
Other amounts receivable41€8k€37k▲
Current investments50/53-€71.10M
Other investments51/53-€71.10M
Cash at bank and in hand54/58€258k€283k▲
Deferred charges and accrued income490/1€902k€68k▼
Equity and liabilities
Total equity and liabilities10/49€377.66M€457.13M▲
Equity10/15€377.44M€385.73M▲
Contributions10/11€136.81M€136.81M=
Capital10€136.81M€136.81M=
Issued capital100€136.81M€136.81M=
Reserves13€13.68M€13.68M=
Non-distributable reserves130/1€13.68M€13.68M=
Legal reserve130€13.68M€13.68M=
Profit (loss) carried forward14€226.94M€235.24M▲
Amounts payable17/49€227k€71.40M▲
Amounts payable within one year42/48€226k€71.40M▲
Trade debts44€47k€242k▲
Suppliers440/4€47k€242k▲
Other amounts payable47/48€179k€71.16M▲
Accrued charges and deferred income492/3€1k-
Income statement
Code20232024
Operating income70/76A€55k€81k▲
Other operating income74€55k€81k▲
Operating charges60/66A€263k€383k▲
Services and other goods61€262k€382k▲
Other operating charges640/8€1k€1k▲
Operating profit (loss)9901€-208k€-301k▼
Financial income75/76B€88.30M€173.37M▲
Recurring financial income75€85.63M€169.08M▲
Income from financial fixed assets750€84.72M€168.21M▲
Income from current assets751€902k€868k▼
Other financial income752/9€5€2▼
Non-recurring financial income76B€2.67M€4.29M▲
Financial charges65/66B€2k€839▼
Recurring financial charges65€2k€839▼
Debt charges650€1k€281▼
Other financial charges652/9€393€558▲
Profit (loss) for the period before taxes9903€88.09M€173.06M▲
Income taxes67/77-€69k
Taxes670/3-€69k
Profit (loss) for the period9904€88.09M€173.00M▲
Profit (loss) for the period to be appropriated9905€88.09M€173.00M▲
Appropriation of the result
Profit (loss) to be appropriated9906€309.24M€399.94M▲
Profit (loss) brought forward from the previous period14P€221.16M€226.94M▲
Profit to be distributed694/7€82.30M€164.70M▲
Return on contributions (dividend)694€82.30M€164.70M▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · consolidated
2024
31-12
Financial
Highest result since 2020net €173.00M ▲96.4%
Net result €173.00M, the highest in the series.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · consolidated
2023
31-12
Financial
Liquidity quadruplescurrent ratio 5.43
Current ratio from 1.30 to 5.43.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · consolidated
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · consolidated
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · consolidated
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Antwerpen · 1 establishment unit since 2018
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.
Begijnenvest 1132000 AntwerpenGround area
942 m²
Building footprint
212 m²
Volume, LiDAR
4,691 m³
Parcel 11804D1916/00T002, Flanders · tallest building 34.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
FinAx
since 20182.334.016.770
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D1916/00T002 | Flanders | 942 m² | 1 · 212 m² | 34.4 m · 7 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.
Structure & network
Group per the LEI register
1 subsidiary · 1 parent companyParent company:ACKERMANS & VAN HAAREN
Subsidiary:BANK J.VAN BREDA & C°
Recognitions · licences · registrations
Legal Entity Identifier
549300TDPXT0OW2AY198
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,754. 753 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded31-12-2018
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.