FinSource
ActiveFinSource has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €565k and a net result of €51k. Equity is growing by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 53% of 1360 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
81
/ 100
Excellent▼ -4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▼-9
Solvency80▲+14
Growth50▼-5
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.52 in 2024), but 58% 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.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
42%
Return on assets
3.8%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 10 filingsDeviation from the deadline
2025
24 d late
2024
24 d early
2023
20 d early
2022
2 d late
2021
2 d late
2020
12 d early
2019
22 d early
← 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
05-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€8.55M▼ 8.5%
2024 · €9.35M
2021: €7.44M
2022: €10.54M
2023: €11.36M
2024: €9.35M
2021 → 2025
EBIT margin
1.3%▼ 0.2pp
2024 · 1.5%
2021: 2.9%
2022: 4.4%
2023: 4.4%
2024: 1.5%
2021 → 2025
Net result
€51k▼ 30.0%
2024 · €73k
2021: €199k
2022: €356k
2023: €344k
2024: €73k
2021 → 2025
Working capital
€554k▲ 12.3%
2024 · €493k
2021: €-72k
2022: €279k
2023: €615k
2024: €493k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€7.44M-€10.54M▲ 41.6%€11.36M▲ 7.8%€9.35M▼ 17.7%€8.55M▼ 8.5%
Equity€-59k-€297k€641k▲ 116%€514k▼ 19.8%€565k▲ 9.9%
Operating result€214k-€464k▲ 117%€502k▲ 8.4%€141k▼ 71.9%€109k▼ 22.7%
Net result€199k-€356k▲ 78.6%€344k▼ 3.2%€73k▼ 78.8%€51k▼ 30.0%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 23% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.35M
Fixed assets
€11k▼ 44.8%
Current assets
€1.33M▼ 8.1%
Equity and liabilities €1.35M
Equity
€565k▲ 9.9%
Provisions
€326
Debt
€780k▼ 18.6%
The debt ratio falls from 65.1% to 58.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€120k▼
2024 · €156k
Cash flow
€61k▼
2024 · €88k
Solvency
42.0%▲
2024 · 34.9%
Current ratio
1.71▲
2024 · 1.52
Quick ratio
1.71▲
2024 · 1.52
Debt / equity
1.38▼
2024 · 1.86
ROE
9.0%▼
2024 · 14.2%
ROA
3.8%▼
2024 · 4.9%
Interest coverage
3.34▼
2024 · 3.74
Debt
€780k▼
2024 · €958k
Debt ≤ 1 year
€780k▼
2024 · €958k
Income taxes
€27k▼
2024 · €32k
Staff costs
€1.32M▼
2024 · €1.37M
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
Total assets
20/58€1.47M€1.35M▼
Fixed assets
21/28€21k€11k▼
Tangible fixed assets
22/27€20k€11k▼
Financial fixed assets
28€1k-
Current assets
29/58€1.45M€1.33M▼
Amounts receivable within one year
40/41€1.42M€1.30M▼
Cash & bank
54/58€14k€14k▼
Total equity & liabilities
10/49€1.47M€1.35M▼
Equity
10/15€514k€565k▲
Contributions / capital
10/11€62k€62k=
Reserves
13€452k€503k▲
Accumulated profits (losses)
14€42€28▼
Provisions & deferred taxes
16-€326
Amounts payable
17/49€958k€780k▼
Amounts payable within one year
42/48€958k€780k▼
Trade debts payable within one year
44€733k€597k▼
Income statement
Code20242025
Turnover
70€9.35M€8.55M▼
Gross operating margin
9900€1.53M€1.45M▼
Operating result
9901€141k€109k▼
Financial income
75€5k€4k▼
Financial charges
65€42k€36k▼
Result before taxes
9903€105k€78k▼
Income taxes
67/77€32k€27k▼
Net result for the period
9904€73k€51k▼
Result to be appropriated
9905€73k€106k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €51k ▼30%
Net result drops to €51k, the lowest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €500kEq €641k ▲116%
3 profitable years in a row build equity to €641k.
24-11
State Gazette act
Director changes
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
31-12
Financial
Highest result since 2021net €356k ▲78.6%
Net result €356k, the highest in the series.
31-12
Financial
Equity above €200kEq €297k
2 profitable years in a row build equity to €297k.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 2 days late
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 director, last change in 2023
De Cronos Groep NV
CurrentSole director · since 24-11-2023 · Legal entity · perm. rep.: Josephus de Wit
24-11-2023
Appointed as Sole director
26-10-2023
Appointed as Permanent representative
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Kontich · 1 establishment unit since 2015
Ground area
3,333 m²
Building footprint
933 m²
Volume, LiDAR
7,846 m³
Parcel 11024B0079/00F000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FinSource
since 20152.243.566.646
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0079/00F000 | Flanders | 3,333 m² | 1 · 932 m² | 10.3 m · 3 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.
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
EXACT TRADING
BE 0810.303.752
Ukkel · Eq €565k
SEMERU
BE 0887.249.892
Sint-Truiden · Eq €565k
ECEB
BE 0871.072.866
Genk · Eq €565k
Bulls-i
BE 0779.809.031
Kontich · Eq €566k
Pentabit
BE 0724.748.168
Leuven · Eq €566k
Of 29,862 companies in sector 62200 we hold annual accounts for 18,024. 11,320 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-04-2015
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
78100Employment placement agencies
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 26-08-2026. Scores and ratios are computed by Checked and are not a credit decision.