FORZA690 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 €2.76M and a net result of €141k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 66% of 5498 sector peers (fiscal year 2025). The company has been active since 2010 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
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
2 d late
2021
3 d late
2020
18 d late
2019
1 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.76M▲ 5.4%
2024 · €2.62M
2019: €1.27M
2020: €1.58M
2021: €1.82M
2022: €2.51M
2023: €2.54M
2024: €2.62M
2019 → 2025
Net result
€141k▲ 78.4%
2024 · €79k
2019: €348k
2020: €367k
2021: €242k
2022: €692k
2023: €32k
2024: €79k
2019 → 2025
Total assets
€4.02M▲ 4.1%
2024 · €3.86M
2019: €2.47M
2020: €2.39M
2021: €2.63M
2022: €3.22M
2023: €3.71M
2024: €3.86M
2019 → 2025
Solvency
68.8%▲ 0.9pp
2024 · 68.0%
2019: 51.3%
2020: 66.1%
2021: 69.3%
2022: 77.9%
2023: 68.6%
2024: 68.0%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.82M-€2.51M▲ 37.8%€2.54M▲ 1.3%€2.62M▲ 3.1%€2.76M▲ 5.4%
Operating result€129k-€1.03M▲ 699%€73k▼ 92.9%€140k▲ 92.5%€244k▲ 73.6%
Net result€242k-€692k▲ 187%€32k▼ 95.4%€79k▲ 146%€141k▲ 78.4%
Turnover and EBIT margin not published: the abbreviated 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 74% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.02M
Fixed assets
€2.76M▲ 0.5%
Current assets
€1.25M▲ 12.8%
Equity and liabilities €4.02M
Equity
€2.76M▲ 5.4%
Debt
€1.25M▲ 1.3%
The debt ratio falls from 32.0% to 31.2%. Equity and debt are higher.
Key figures and ratios
Solvency
68.8%▲
2024 · 68.0%
ROE
5.1%▲
2024 · 3.0%
ROA
3.5%▲
2024 · 2.0%
Debt
€1.25M▲
2024 · €1.24M
Debt ≤ 1 year
€867k▲
2024 · €788k
Debt > 1 year
€380k▼
2024 · €434k
Income taxes
€61k▲
2024 · €31k
Staff costs
€103k▲
2024 · €52k
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€3.86M€4.02M▲
Fixed assets21/28€2.75M€2.76M▲
Tangible fixed assets22/27€1.70M€1.71M▲
Land and buildings22€1.70M€1.71M▲
Financial fixed assets28€1.05M€1.05M=
Current assets29/58€1.11M€1.25M▲
Amounts receivable within one year40/41€128k€52k▼
Trade receivables40€7k€11k▲
Other amounts receivable41€121k€41k▼
Current investments50/53€450k€325k▼
Cash at bank and in hand54/58€513k€865k▲
Deferred charges and accrued income490/1€19k€11k▼
Equity and liabilities
Total equity and liabilities10/49€3.86M€4.02M▲
Equity10/15€2.62M€2.76M▲
Contributions10/11€195k€195k=
Reserves13€1.10M€1.24M▲
Distributable reserves133€1.10M€1.24M▲
Profit (loss) carried forward14€1.33M€1.33M▲
Amounts payable17/49€1.24M€1.25M▲
Amounts payable after more than one year17€434k€380k▼
Financial debts170/4€434k€380k▼
Amounts payable within one year42/48€788k€867k▲
Current portion of amounts payable after more than one year42€54k€55k▲
Trade debts44€9k€8k▼
Suppliers440/4€9k€8k▼
Taxes, remuneration and social security45€92k€120k▲
Taxes450/3€88k€115k▲
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€632k€684k▲
Accrued charges and deferred income492/3€15k€5k▼
Income statement
Code20242025
Remuneration, social security and pensions62€52k€103k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€121k€93k▼
Other operating charges640/8€6k€13k▲
Gross operating margin9900€319k€452k▲
Operating profit (loss)9901€140k€244k▲
Financial income75/76B€11k€12k▲
Recurring financial income75€11k€12k▲
Financial charges65/66B€41k€53k▲
Recurring financial charges65€41k€53k▲
Profit (loss) for the period before taxes9903€110k€202k▲
Income taxes67/77€31k€61k▲
Profit (loss) for the period9904€79k€141k▲
Profit (loss) for the period to be appropriated9905€79k€141k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.41M€1.47M▲
Profit (loss) brought forward from the previous period14P€1.33M€1.33M▲
Transfer to equity691/2€78k€140k▲
To other reserves6921€78k€140k▲
Social balance
Average headcount (FTE)90870.92.0▲
The notes to these accounts (14 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
14-08
State Gazette act
General meeting · Registered-office move
Director appointment · Permanent representative
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet €32k ▼95.4%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
2022
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
31-03
Financial
Highest result since 2019net €692k ▲187%
Operating result €1.03M, net result €692k, both a record.
31-03
Financial
Liquidity doublescurrent ratio 2.65
Current ratio from 1.28 to 2.65; short-term debt falls from €603k to €558k.
31-03
Financial
Equity above €2MEq €2.51M ▲37.8%
4 profitable years in a row build equity to €2.51M.
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 1 day late
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2014
27-10
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Koksijde · 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.
Strandlaan(Kok) 3218670 KoksijdeGround area
302 m²
Building footprint
245 m²
Volume, LiDAR
2,002 m³
Parcel 38343A0174/00D000, Flanders · tallest building 16.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Forza690
since 20102.188.934.464
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38343A0174/00D000 | Flanders | 302 m² | 1 · 245 m² | 16.0 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
2025 · 1 entry · 2,460 EUR awarded · 2,460 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,460 EUR | 2,460 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
8945001N4MIL3L6JRD10
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,748. 9,923 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-2010
Fiscal year end31-03
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.