FOSS4EU
ActiveFOSS4EU has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €170k and a net result of €-4k. Equity is growing by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 83% of 20787 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency100=
Growth52▼-26
Stability94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 7.67 against 4.99 in 2023), and 13% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
87%
Return on assets
-1.8%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-09-2025, 36 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
36 d late
2023
149 d late
2022
31 d late
2021
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€170k▼ 2.0%
2023 · €174k
2021: €30k
2022: €126k
2023: €174k
2021 → 2024
Total assets
€196k▼ 9.7%
2023 · €217k
2021: €57k
2022: €143k
2023: €217k
2021 → 2024
Net result
€-4k
2023 · €48k
2021: €27k
2022: €95k
2023: €48k
2021 → 2024
Working capital
€170k▼ 1.2%
2023 · €172k
2021: €28k
2022: €123k
2023: €172k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€30k-€126k▲ 312%€174k▲ 38.5%€170k▼ 2.0%
Operating result€35k-€134k▲ 281%€74k▼ 44.9%€-7k
Net result€27k-€95k▲ 246%€48k▼ 49.2%€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €7k after €74k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €196k
Fixed assets
€113▼ 92.4%
Current assets
€196k▼ 9.2%
Equity and liabilities €196k
Equity
€170k▼ 2.0%
Debt
€26k▼ 40.8%
The debt ratio falls from 19.9% to 13.0%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-5k▼
2023 · €75k
Cash flow
€-2k▼
2023 · €50k
Solvency
87.0%▲
2023 · 80.1%
Current ratio
7.67▲
2023 · 4.99
Quick ratio
7.67▲
2023 · 4.99
Debt / equity
0.15▼
2023 · 0.25
ROE
-2.1%▼
2023 · 27.8%
ROA
-1.8%▼
2023 · 22.3%
Interest coverage
-32.77▼
2023 · 350.75
Debt
€26k▼
2023 · €43k
Debt ≤ 1 year
€26k▼
2023 · €43k
Income taxes
€-320▼
2023 · €25k
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€217k€196k▼
Fixed assets21/28€1k€113▼
Tangible fixed assets22/27€1k€58▼
Furniture and vehicles24€1k€58▼
Financial fixed assets28€55€55=
Current assets29/58€215k€196k▼
Amounts receivable within one year40/41€5k€13k▲
Trade receivables40€618€148▼
Other amounts receivable41€5k€13k▲
Cash at bank and in hand54/58€210k€182k▼
Deferred charges and accrued income490/1€124€24▼
Equity and liabilities
Total equity and liabilities10/49€217k€196k▼
Equity10/15€174k€170k▼
Contributions10/11€3k€3k=
Reserves13€171k€171k=
Distributable reserves133€171k€171k=
Profit (loss) carried forward14-€-4k
Amounts payable17/49€43k€26k▼
Amounts payable within one year42/48€43k€26k▼
Trade debts44€4k€258▼
Suppliers440/4€4k€258▼
Taxes, remuneration and social security45€39k€25k▼
Taxes450/3€39k€25k▼
Income statement
Code20232024
Non-recurring operating income76A€15€114▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A-€120
Gross operating margin9900€77k€-4k▼
Operating profit (loss)9901€74k€-7k▼
Financial income75/76B€161€3k▲
Recurring financial income75€161€3k▲
Financial charges65/66B€214€162▼
Recurring financial charges65€214€162▼
Profit (loss) for the period before taxes9903€74k€-4k▼
Income taxes67/77€25k€-320▼
Profit (loss) for the period9904€48k€-4k▼
Profit (loss) for the period to be appropriated9905€48k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€-4k▼
Transfer to equity691/2€48k-
To other reserves6921€48k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 36 days late
2024
31-12
Financial
Weakest financial yearnet €-4k ▼107%
Net result drops to €-4k, the lowest in the series.
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 149 days late
2023
31-12
Financial
Equity above €150kEq €174k ▲38.5%
3 profitable years in a row build equity to €174k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2021net €95k ▲246%
Operating result €134k, net result €95k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 8.22
Current ratio from 2.06 to 8.22; short-term debt falls from €27k to €17k.
31-12
Financial
Equity above €100kEq €126k ▲312%
2 profitable years in a row build equity to €126k.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Wemmel · 1 establishment unit since 2021
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.
J. Bogemansstraat 901780 WemmelGround area
146 m²
Building footprint
69 m²
Volume, LiDAR
705 m³
Parcel 22662B0313/00W005, Flanders · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Arcamens
since 20212.322.621.151
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0313/00W005 | Flanders | 146 m² | 1 · 69 m² | 13.3 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900GBQ0GHB89OKL15
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Of 16,807 companies in sector 62100 we hold annual accounts for 8,747. 6,758 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-2021
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
62020IT consultancy
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
72109Other research and development on natural sciences
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.