FOR CON ONLY
ActiveFOR CON ONLY has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.22M and a net result of €-79k. Equity is growing by ~46.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 2272 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability16▲+1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
short-term debt: 0.1% and cash: 2.1% of total assets, and 0.1% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
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
99.9%
Return on assets
-2.5%
Age of the figures
12 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-79k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-03-2026, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
41 d early
2024
19 d early
2023
1 d early
2022
88 d early
2021
30 d early
2020
29 d early
2019
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.22M▼ 2.4%
2024 · €3.30M
2018: €259k
2019: €337k
2020: €581k
2021: €670k
2022: €824k
2023: €3.38M
2024: €3.30M
2018 → 2025
Total assets
€3.22M▼ 2.8%
2024 · €3.31M
2018: €433k
2019: €1.73M
2020: €1.76M
2021: €1.78M
2022: €1.56M
2023: €3.64M
2024: €3.31M
2018 → 2025
Net result
€-79k▲ 9.4%
2024 · €-88k
2018: €41k
2019: €78k
2020: €244k
2021: €88k
2022: €154k
2023: €2.56M
2024: €-88k
2018 → 2025
Working capital
€1.71M▼ 11.5%
2024 · €1.93M
2018: €-46k
2019: €-714k
2020: €-610k
2021: €-620k
2022: €-284k
2023: €2.01M
2024: €1.93M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€670k-€824k▲ 23.0%€3.38M▲ 311%€3.30M▼ 2.6%€3.22M▼ 2.4%
Operating result€142k-€161k▲ 13.2%€-138k€-131k▲ 5.4%€-133k▼ 2.1%
Net result€88k-€154k▲ 74.4%€2.56M▲ 1,560%€-88k€-79k▲ 9.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €133k in 2025 against €131k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.22M
Fixed assets
€1.51M▲ 10.5%
Current assets
€1.72M▼ 12.1%
Equity and liabilities €3.22M
Equity
€3.22M▼ 2.4%
Debt
€4k▼ 73.7%
The debt ratio falls from 0.5% to 0.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-112k▲
2024 · €-112k
Cash flow
€-57k▲
2024 · €-69k
Solvency
99.9%▲
2024 · 99.5%
Debt / equity
0.00▼
2024 · 0.01
ROE
-2.5%▲
2024 · -2.7%
ROA
-2.5%▲
2024 · -2.6%
Interest coverage
-125.79▲
2024 · -167.51
Debt
€4k▼
2024 · €17k
Debt ≤ 1 year
€4k▼
2024 · €17k
Income taxes
€436▼
2024 · €498
A ratio outside any meaningful range has been withheld (balance sheet total €3.22M, equity €3.22M).
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€3.31M€3.22M▼
Fixed assets21/28€1.36M€1.51M▲
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€60k€204k▲
Land and buildings22€4k€13k▲
Plant, machinery and equipment23€69€0▼
Furniture and vehicles24€55k€47k▼
Other tangible fixed assets26-€144k
Financial fixed assets28€1.30M€1.30M=
Current assets29/58€1.95M€1.72M▼
Amounts receivable after more than one year29€400k€1.17M▲
Other amounts receivable291€400k€1.17M▲
Amounts receivable within one year40/41€8k€205k▲
Other amounts receivable41€8k€205k▲
Current investments50/53€1.05M€270k▼
Cash at bank and in hand54/58€490k€69k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€3.31M€3.22M▼
Equity10/15€3.30M€3.22M▼
Contributions10/11€34k€34k=
Reserves13€3.26M€3.18M▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€3.26M€3.18M▼
Amounts payable17/49€17k€4k▼
Amounts payable within one year42/48€17k€4k▼
Financial debts43€335€0▼
Credit institutions430/8€335€0▼
Trade debts44€672€512▼
Suppliers440/4€672€512▼
Taxes, remuneration and social security45€2k€2k▼
Taxes450/3€2k€2k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€14k€2k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€22k▲
Other operating charges640/8€654€2k▲
Gross operating margin9900€-111k€-110k▲
Operating profit (loss)9901€-131k€-133k▼
Financial income75/76B€44k€55k▲
Recurring financial income75€44k€55k▲
Financial charges65/66B€668€887▲
Recurring financial charges65€668€887▲
Profit (loss) for the period before taxes9903€-87k€-79k▲
Income taxes67/77€498€436▼
Profit (loss) for the period9904€-88k€-79k▲
Profit (loss) for the period to be appropriated9905€-88k€-79k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-88k€-79k▲
Transfer from equity791/2€88k€79k▼
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (17 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
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Liquidity triplescurrent ratio 389.05
Current ratio from 116.40 to 389.05; short-term debt falls from €17k to €4k.
11-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-88k ▼103%
Net result drops to €-88k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity times 13current ratio 116.40
Current ratio from 8.88 to 116.40; short-term debt falls from €256k to €17k.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €2.56M ▲1560%
Net result €2.56M, the highest in the series.
30-09
Financial
Liquidity times 37current ratio 8.88
Current ratio from 0.24 to 8.88; short-term debt falls from €372k to €256k.
30-09
Financial
Equity above €2MEq €3.38M ▲311%
6 profitable years in a row build equity to €3.38M.
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Equity above €500kEq €581k ▲72.4%
3 profitable years in a row build equity to €581k.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-04
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
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, Maaseik · 1 establishment unit since 2010
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.
Kapelweg 263680 MaaseikGround area
1,694 m²
Building footprint
187 m²
Volume, LiDAR
1,021 m³
Parcel 72021D0505/00P003, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Baeten Raf
since 20102.187.463.826
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72021D0505/00P003 | Flanders | 1,694 m² | 1 · 187 m² | 9.5 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
2023 to 2024 · 2 entries · 3,911 EUR awarded · 3,911 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,890 EUR | 1,890 EUR |
| 2023 | 1 | 2,021 EUR | 2,021 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
699400L536ZIMG4YUM45
Similar companies · same sector, comparable size
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ASVCo
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DIGITAL ATTRAXION
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Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 2,463 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-04-2010
Fiscal year end30-09
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.