From Scratch
ActiveFrom Scratch has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 7733 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▼-30
Solvency41=
Growth78=
Track record94
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.54 against 0.36 in 2024; short-term debt: 58.7% and cash: 22.2% of total assets), and 83.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 · 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
16.3%
Return on assets
2.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 7733 sector peers (2025).
NBB · sector comparisonPosition among 7733 sector peers
Solvency
better than 24%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €19k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 5 filingsDeviation from the deadline
2025
28 d late
2024
30 d late
2023
30 d late
2022
6 d early
2021
30 d late
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▲ 17.9%
2024 · €16k
2021: €-3k
2022: €12k
2023: €4k
2024: €16k
2021 → 2025
Total assets
€116k▲ 19.0%
2024 · €97k
2021: €109k
2022: €117k
2023: €90k
2024: €97k
2021 → 2025
Net result
€3k▼ 76.6%
2024 · €12k
2021: €-8k
2022: €14k
2023: €-8k
2024: €12k
2021 → 2025
Working capital
€-32k▲ 6.2%
2024 · €-34k
2021: €-14k
2022: €-7k
2023: €-28k
2024: €-34k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-3k-€12k€4k▼ 67.0%€16k▲ 323%€19k▲ 17.9%
Operating result€-7k-€15k€-5k€15k€9k▼ 40.6%
Net result€-8k-€14k€-8k€12k€3k▼ 76.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116k
Fixed assets
€79k▲ 1.4%
Current assets
€36k▲ 90.9%
Equity and liabilities €116k
Equity
€19k▲ 17.9%
Debt
€97k▲ 19.2%
The debt ratio rises from 83.5% to 83.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€20k▼
2024 · €24k
Cash flow
€13k▼
2024 · €21k
Solvency
16.3%▼
2024 · 16.5%
Current ratio
0.54▲
2024 · 0.36
Quick ratio
0.54▲
2024 · 0.36
Debt / equity
5.12▲
2024 · 5.07
ROE
15.2%▼
2024 · 76.4%
ROA
2.5%▼
2024 · 12.6%
Interest coverage
3.85▼
2024 · 8.03
Debt
€97k▲
2024 · €81k
Debt ≤ 1 year
€68k▲
2024 · €53k
Debt > 1 year
€29k▲
2024 · €29k
Income taxes
€1k
Staff costs
€7k
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€97k€116k▲
Fixed assets21/28€78k€79k▲
Intangible fixed assets21€15k€23k▲
Tangible fixed assets22/27€47k€40k▼
Plant, machinery and equipment23€33-
Other tangible fixed assets26€47k€40k▼
Financial fixed assets28€16k€16k=
Current assets29/58€19k€36k▲
Amounts receivable within one year40/41€4k€8k▲
Trade receivables40€4k€8k▲
Other amounts receivable41€5€11▲
Cash at bank and in hand54/58€14k€26k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€97k€116k▲
Equity10/15€16k€19k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€11k€14k▲
Amounts payable17/49€81k€97k▲
Amounts payable after more than one year17€29k€29k▲
Financial debts170/4€29k€29k▲
Amounts payable within one year42/48€53k€68k▲
Current portion of amounts payable after more than one year42€11k€20k▲
Trade debts44€4k€16k▲
Suppliers440/4€4k€16k▲
Taxes, remuneration and social security45€3k€8k▲
Taxes450/3€3k€7k▲
Remuneration and social security454/9-€487
Other amounts payable47/48€35k€24k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€11k▲
Other operating charges640/8€1k€400▼
Gross operating margin9900€25k€27k▲
Operating profit (loss)9901€15k€9k▼
Financial income75/76B€12€95▲
Recurring financial income75€12€95▲
Financial charges65/66B€3k€5k▲
Recurring financial charges65€3k€5k▲
Profit (loss) for the period before taxes9903€12k€4k▼
Income taxes67/77-€1k
Profit (loss) for the period9904€12k€3k▼
Profit (loss) for the period to be appropriated9905€12k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€14k▲
Profit (loss) brought forward from the previous period14P€-1k€11k▲
The notes to these accounts (11 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 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, Sint-Gillis (bij-Brussel) · 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.
Vanderschrickstraat 3-51060 Sint-Gillis (bij-Brussel)Ground area
191 m²
Building footprint
181 m²
Volume, LiDAR
2,558 m³
Parcel 21562A0040/00A002, Brussels · tallest building 19.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Vanderschrickstraat 3-5, 1060 Sint-Gillis (bij-Brussel)
since 20212.318.370.571
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0040/00A002 ProtectedMonumentGeheel van art-nouveauhuizen |
Brussels | 191 m² | 1 · 181 m² | 19.3 m · 5 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Gillis2.318.370.571
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Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 2,233 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-2021
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
70200Business and other management consultancy
73300Public relations and communication consultancy
82300Organisation of conventions and trade shows
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.