GARANTI FINANCE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €632k and a net result of €113k. Its solvency ranks better than 77% of 3323 sector peers (fiscal year 2024). The company has been active since 2009 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
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 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 · 2 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
92 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€632k▲ 4.5%
2023 · €604k
2023: €604k
2023 → 2024
Net result
€113k▲ 77.8%
2023 · €64k
2023: €64k
2023 → 2024
Total assets
€811k▼ 4.1%
2023 · €845k
2023: €845k
2023 → 2024
Solvency
77.9%▲ 6.4pp
2023 · 71.5%
2023: 71.5%
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€604k-€632k▲ 4.5%
Operating result€118k-€195k▲ 64.9%
Net result€64k-€113k▲ 77.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 65% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €811k
Fixed assets
€363k▼ 4.1%
Current assets
€448k▼ 4.1%
Equity and liabilities €811k
Equity
€632k▲ 4.5%
Debt
€179k▼ 25.7%
The debt ratio falls from 28.5% to 22.1%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
77.9%▲
2023 · 71.5%
ROE
17.9%▲
2023 · 10.5%
ROA
14.0%▲
2023 · 7.5%
Debt
€179k▼
2023 · €241k
Debt ≤ 1 year
€63k▼
2023 · €101k
Debt > 1 year
€116k▼
2023 · €140k
Income taxes
€47k▲
2023 · €28k
Staff costs
€76k▲
2023 · €71k
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€845k€811k▼
Fixed assets21/28€378k€363k▼
Tangible fixed assets22/27€378k€363k▼
Land and buildings22€312k€302k▼
Plant, machinery and equipment23€61k€54k▼
Furniture and vehicles24€4k€6k▲
Current assets29/58€467k€448k▼
Amounts receivable after more than one year29€77k€77k=
Other amounts receivable291€77k€77k=
Amounts receivable within one year40/41€68k€59k▼
Trade receivables40€16k€2k▼
Other amounts receivable41€52k€57k▲
Cash at bank and in hand54/58€316k€304k▼
Deferred charges and accrued income490/1€6k€8k▲
Equity and liabilities
Total equity and liabilities10/49€845k€811k▼
Equity10/15€604k€632k▲
Contributions10/11€6k€6k=
Reserves13€598k€625k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€596k€624k▲
Amounts payable17/49€241k€179k▼
Amounts payable after more than one year17€140k€116k▼
Financial debts170/4€140k€116k▼
Amounts payable within one year42/48€101k€63k▼
Current portion of amounts payable after more than one year42€37k€32k▼
Trade debts44€11k€13k▲
Suppliers440/4€11k€13k▲
Taxes, remuneration and social security45€43k€18k▼
Taxes450/3€29k€9k▼
Remuneration and social security454/9€14k€10k▼
Other amounts payable47/48€10k€208▼
Accrued charges and deferred income492/3€26-
Income statement
Code20232024
Non-recurring operating income76A€461-
Remuneration, social security and pensions62€71k€76k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€3k€6k▲
Gross operating margin9900€210k€296k▲
Operating profit (loss)9901€118k€195k▲
Financial income75/76B€6k€6k▼
Recurring financial income75€6k€6k▼
Financial charges65/66B€33k€41k▲
Recurring financial charges65€33k€41k▲
Profit (loss) for the period before taxes9903€92k€160k▲
Income taxes67/77€28k€47k▲
Profit (loss) for the period9904€64k€113k▲
Profit (loss) for the period to be appropriated9905€64k€113k▲
Appropriation of the result
Profit (loss) to be appropriated9906€64k€113k▲
Transfer from equity791/2€5k€86k▲
Transfer to equity691/2€64k€113k▲
To other reserves6921€64k€113k▲
Profit to be distributed694/7€5k€86k▲
Return on contributions (dividend)694€5k€86k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
NBB filing
Directors · office · real estate
Directors
no sitting director, no change since 2016
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
08-02-2016
Resigned as Manager
Location & real-estate footprint
Registered office, Brussel · 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.
Leuvensesteenweg 3621000 BrusselGround area
1,994 m²
Building footprint
1,314 m²
Volume, LiDAR
12,023 m³
2 parcels, Brussels · tallest building 20.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
GARANTI FINANCE
since 20102.185.117.713
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21904B0433/00S003indicative | Brussels | 1,879 m² | 1 · 1,196 m² | 20.5 m · 2 fl. |
| 21806F0029/00W002 | Brussels | 115 m² | 1 · 118 m² | 16.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels 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
254900W6220TJE322G90
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Of 4,683 companies in sector 66220 we hold annual accounts for 3,228. 2,480 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-11-2009
Fiscal year end31-12
Activities, NACEBEL
66220Insurance agents and brokers
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.