FRANK VANBEGIN 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 €331k and a net result of €78k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 50% of 1471 sector peers (fiscal year 2025). The company has been active since 1999 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 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
on the day
2023
8 d late
2022
on the day
2021
4 d late
2020
30 d late
2019
25 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€331k▼ 4.9%
2024 · €348k
2018: €163k
2019: €180k
2020: €228k
2021: €288k
2022: €386k
2023: €386k
2024: €348k
2018 → 2025
Net result
€78k
2024 · €-38k
2018: €37k
2019: €18k
2020: €48k
2021: €60k
2022: €97k
2023: €539k
2024: €-38k
2018 → 2025
Total assets
€862k▼ 17.6%
2024 · €1.05M
2018: €254k
2019: €263k
2020: €291k
2021: €359k
2022: €455k
2023: €1.79M
2024: €1.05M
2018 → 2025
Solvency
38.4%▲ 5.1pp
2024 · 33.2%
2018: 64.2%
2019: 68.4%
2020: 78.5%
2021: 80.4%
2022: 84.7%
2023: 21.5%
2024: 33.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€288k-€386k▲ 33.8%€386k=€348k▼ 9.9%€331k▼ 4.9%
Operating result€101k-€130k▲ 28.8%€724k▲ 458%€-106k€55k
Net result€60k-€97k▲ 62.3%€539k▲ 453%€-38k€78k
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 returns to profit in 2025: €55k after a loss of €106k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €862k
Fixed assets
€208k▼ 43.7%
Current assets
€654k▼ 3.3%
Equity and liabilities €862k
Equity
€331k▼ 4.9%
Debt
€531k▼ 23.9%
The debt ratio falls from 66.8% to 61.6%. Equity and debt are lower.
Key figures and ratios
Solvency
38.4%▲
2024 · 33.2%
ROE
23.6%▲
2024 · -10.9%
ROA
9.1%▲
2024 · -3.6%
Debt
€531k▼
2024 · €698k
Debt ≤ 1 year
€528k▼
2024 · €669k
Income taxes
€4k▲
2024 · €267
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€1.05M€862k▼
Fixed assets21/28€369k€208k▼
Tangible fixed assets22/27€205k€44k▼
Land and buildings22€132k-
Plant, machinery and equipment23€9k€8k▼
Furniture and vehicles24€45k€12k▼
Leasing and similar rights25€310-
Other tangible fixed assets26€19k€23k▲
Financial fixed assets28€164k€164k=
Current assets29/58€676k€654k▼
Amounts receivable within one year40/41€50k€64k▲
Trade receivables40€700€12k▲
Other amounts receivable41€49k€51k▲
Current investments50/53€585k€560k▼
Cash at bank and in hand54/58€42k€30k▼
Equity and liabilities
Total equity and liabilities10/49€1.05M€862k▼
Equity10/15€348k€331k▼
Contributions10/11€19k€19k=
Reserves13€270k€253k▼
Tax-exempt reserves132€6k€6k=
Distributable reserves133€264k€247k▼
Profit (loss) carried forward14€59k€59k=
Amounts payable17/49€698k€531k▼
Amounts payable after more than one year17€19k-
Financial debts170/4€19k-
Amounts payable within one year42/48€669k€528k▼
Current portion of amounts payable after more than one year42€21k€19k▼
Trade debts44€21k€31k▲
Suppliers440/4€21k€31k▲
Taxes, remuneration and social security45€88k-
Taxes450/3€88k-
Other amounts payable47/48€538k€478k▼
Accrued charges and deferred income492/3€10k€3k▼
Income statement
Code20242025
Non-recurring operating income76A-€169k
Remuneration, social security and pensions62€475-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€38k▼
Other operating charges640/8€6k€2k▼
Gross operating margin9900€-29k€96k▲
Operating profit (loss)9901€-106k€55k▲
Financial income75/76B€71k€29k▼
Recurring financial income75€71k€29k▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-38k€82k▲
Income taxes67/77€267€4k▲
Profit (loss) for the period9904€-38k€78k▲
Profit (loss) for the period to be appropriated9905€-38k€78k▲
Appropriation of the result
Profit (loss) to be appropriated9906€59k€137k▲
Profit (loss) brought forward from the previous period14P€97k€59k▼
Transfer from equity791/2-€95k
Transfer to equity691/2-€78k
To other reserves6921-€78k
Profit to be distributed694/7-€95k
Return on contributions (dividend)694-€95k
The notes to these accounts (10 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €78k
Net result €78k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-38k ▼107%
Net result drops to €-38k, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 8 days late
2023
31-12
Financial
Highest result since 2018net €539k ▲453%
Operating result €724k, net result €539k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Equity above €200kEq €228k ▲26.9%
3 profitable years in a row build equity to €228k.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Asse · 1 establishment unit since 1999
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.
Huisdal 61731 AsseGround area
2,824 m²
Building footprint
770 m²
Volume, LiDAR
8,120 m³
2 parcels, Flanders · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
de Limburg Stirumlaan 246, 1780 Wemmel
since 19992.091.009.204
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0324/00W000 | Flanders | 1,771 m² | 1 · 494 m² | 18.8 m · 5 fl. |
| 23068A0067/00N000 | Flanders | 1,054 m² | 1 · 276 m² | 6.0 m · 1 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.
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Of 4,683 companies in sector 66220 we hold annual accounts for 3,228. 2,735 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-1999
Fiscal year end31-12
Activities, NACEBEL
66220Insurance agents and brokers
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.