Summary
FLEDER is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.11M and a net result of €80k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 8023 sector peers (fiscal year 2025). The company has been active since 2016 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 check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
14 d early
2024
12 d early
2023
9 d early
2022
24 d early
2021
2 d late
2020
3 d early
2019
55 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.11M▲ 4.0%
2024 · €1.07M
2018: €740k
2019: €833k
2020: €914k
2021: €935k
2022: €1.02M
2023: €1.01M
2024: €1.07M
2018 → 2025
Net result
€80k▲ 30.8%
2024 · €61k
2018: €75k
2019: €93k
2020: €81k
2021: €21k
2022: €82k
2023: €59k
2024: €61k
2018 → 2025
Total assets
€1.12M▲ 4.1%
2024 · €1.08M
2018: €771k
2019: €874k
2020: €962k
2021: €943k
2022: €1.02M
2023: €1.02M
2024: €1.08M
2018 → 2025
Solvency
99.2%▼ 0.1pp
2024 · 99.3%
2018: 96.0%
2019: 95.2%
2020: 95.0%
2021: 99.2%
2022: 99.3%
2023: 99.1%
2024: 99.3%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€935k-€1.02M▲ 8.8%€1.01M▼ 1.0%€1.07M▲ 6.1%€1.11M▲ 4.0%
Operating result€99k-€189k▲ 91.2%€147k▼ 22.2%€160k▲ 8.5%€178k▲ 11.4%
Net result€21k-€82k▲ 293%€59k▼ 27.9%€61k▲ 3.6%€80k▲ 30.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.12M
Fixed assets
€916k ▼ 1.4%
Current assets
€204k ▲ 39.4%
Equity and liabilities €1.12M
Equity
€1.11M ▲ 4.0%
Debt
€9k ▲ 13.1%
Debt's share of the balance-sheet total rises from 0.7% to 0.8%. Equity and debt are higher.
Key figures and ratios
ROE
7.2%▲
2024 · 5.7%
ROA
7.2%▲
2024 · 5.7%
Debt ≤ 1 year
€9k▲
2024 · €8k
Income taxes
€31k▲
2024 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.08M€1.12M▲
Fixed assets21/28€929k€916k▼
Tangible fixed assets22/27€256k€243k▼
Land and buildings22€195k€188k▼
Other tangible fixed assets26€61k€55k▼
Financial fixed assets28€673k€673k=
Current assets29/58€146k€204k▲
Amounts receivable within one year40/41€101k€84k▼
Other amounts receivable41€101k€84k▼
Cash at bank and in hand54/58€44k€117k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.08M€1.12M▲
Equity10/15€1.07M€1.11M▲
Contributions10/11€667k€667k=
Reserves13€401k€444k▲
Distributable reserves133€401k€444k▲
Amounts payable17/49€8k€9k▲
Amounts payable within one year42/48€8k€9k▲
Trade debts44€268€1k▲
Suppliers440/4€268€1k▲
Taxes, remuneration and social security45€8k€8k▲
Taxes450/3€8k€8k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€13k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€171k€192k▲
Operating profit (loss)9901€160k€178k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€78k€69k▼
Recurring financial charges65€78k€69k▼
Profit (loss) for the period before taxes9903€84k€111k▲
Income taxes67/77€23k€31k▲
Profit (loss) for the period9904€61k€80k▲
Profit (loss) for the period to be appropriated9905€61k€80k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€80k▲
Transfer from equity791/2-€37k
Transfer to equity691/2€61k€80k▲
To other reserves6921€61k€80k▲
Profit to be distributed694/7-€37k
Return on contributions (dividend)694-€37k
The notes to these accounts (5 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
19-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €1MEq €1.02M ▲8.8%
5 profitable years in a row build equity to €1.02M.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 2 days late
2021
31-12
Financial
Weakest financial yearnet €21k ▼74.4%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 6current ratio 36.76
Current ratio from 6.14 to 36.76; short-term debt falls from €48k to €8k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 55 days late
2019
31-12
Financial
Highest result since 2018net €93k ▲24.1%
Net result €93k, the highest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Waregem · 1 establishment unit since 2017
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.
Kortrijkseweg 220 B8791 WaregemGround area
2,929 m²
Building footprint
464 m²
Volume, LiDAR
2,092 m³
2 parcels, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fleder
since 20172.259.928.962
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34006B0129/00L000 | Flanders | 1,725 m² | 1 · 193 m² | 7.4 m · 1 fl. |
| 34006B0129/00R000 | Flanders | 1,204 m² | 1 · 271 m² | 11.7 m · 2 fl. |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Legal Entity Identifier
254900OOCRFLHCMXER97
Similar companies · same sector, comparable size
NEMASSUR
BE 0896.212.001
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WATERWEG
BE 0558.892.125
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Betty
BE 1002.862.016
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FRAN
BE 0466.504.375
Izegem · Eq €1,111,699
ACQUISFIN
BE 0630.943.131
Brugge · Eq €1,111,701
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 12,426 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.