GnD@rts
ActiveGnD@rts has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €208k and a net result of €-26k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 95% of 18120 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▲+2
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 9.4 against 11.41 in 2024; short-term debt: 8.3% and cash: 9.8% of total assets), and 8.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-26k
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
9 d late
2022
76 d early
2021
54 d early
2020
66 d early
2019
36 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€208k▼ 11.2%
2024 · €234k
2018: €230k
2019: €219k
2020: €227k
2021: €234k
2022: €242k
2023: €268k
2024: €234k
2018 → 2025
Total assets
€227k▼ 9.6%
2024 · €251k
2018: €366k
2019: €345k
2020: €349k
2021: €330k
2022: €314k
2023: €282k
2024: €251k
2018 → 2025
Net result
€-26k▲ 23.0%
2024 · €-34k
2018: €-7k
2019: €-11k
2020: €8k
2021: €8k
2022: €8k
2023: €26k
2024: €-34k
2018 → 2025
Working capital
€157k▼ 8.3%
2024 · €172k
2018: €44k
2019: €37k
2020: €57k
2021: €66k
2022: €43k
2023: €237k
2024: €172k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€234k-€242k▲ 3.3%€268k▲ 10.8%€234k▼ 12.7%€208k▼ 11.2%
Operating result€12k-€10k▼ 20.9%€45k▲ 365%€-37k€-30k▲ 19.8%
Net result€8k-€8k▲ 1.7%€26k▲ 235%€-34k€-26k▲ 23.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €30k in 2025 against €37k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €227k
Fixed assets
€51k▼ 19.1%
Current assets
€176k▼ 6.4%
Equity and liabilities €227k
Equity
€208k▼ 11.2%
Debt
€19k▲ 13.6%
The debt ratio rises from 6.6% to 8.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-14k▲
2024 · €-20k
Cash flow
€-10k▲
2024 · €-17k
Solvency
91.7%▼
2024 · 93.4%
Current ratio
9.40▼
2024 · 11.41
Quick ratio
6.59▼
2024 · 8.46
Debt / equity
0.09▲
2024 · 0.07
ROE
-12.6%▲
2024 · -14.6%
ROA
-11.6%▲
2024 · -13.6%
Interest coverage
-135.80▼
2024 · -24.79
Debt
€19k▲
2024 · €16k
Debt ≤ 1 year
€19k▲
2024 · €16k
Income taxes
€142▲
2024 · €130
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€251k€227k▼
Formation expenses20€0€0=
Fixed assets21/28€62k€51k▼
Tangible fixed assets22/27€59k€47k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€59k€47k▼
Financial fixed assets28€4k€4k=
Current assets29/58€188k€176k▼
Stocks and contracts in progress3€49k€53k▲
Stocks30/36€49k€53k▲
Amounts receivable within one year40/41€79k€97k▲
Trade receivables40€8k€23k▲
Other amounts receivable41€71k€75k▲
Current investments50/53€1k€1k=
Cash at bank and in hand54/58€58k€22k▼
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€251k€227k▼
Equity10/15€234k€208k▼
Contributions10/11€224k€224k=
Reserves13€28k€28k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€-17k€-44k▼
Amounts payable17/49€16k€19k▲
Amounts payable within one year42/48€16k€19k▲
Trade debts44€699€15k▲
Suppliers440/4€699€15k▲
Taxes, remuneration and social security45€16k€3k▼
Taxes450/3€16k€2k▼
Remuneration and social security454/9-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€16k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-19k€-12k▲
Operating profit (loss)9901€-37k€-30k▲
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€801€100▼
Recurring financial charges65€801€100▼
Profit (loss) for the period before taxes9903€-34k€-26k▲
Income taxes67/77€130€142▲
Profit (loss) for the period9904€-34k€-26k▲
Profit (loss) for the period to be appropriated9905€-34k€-26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-44k▼
Profit (loss) brought forward from the previous period14P€17k€-17k▼
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
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-34k ▼231%
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-12
Financial
Highest result since 2018net €26k ▲235%
Operating result €45k, net result €26k, both a record.
31-12
Financial
Liquidity times 8current ratio 17.90
Current ratio from 2.19 to 17.90; short-term debt falls from €36k to €14k.
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Lebbeke · 1 establishment unit since 2011
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.
Molenveldstraat 309280 LebbekeGround area
176 m²
Building footprint
99 m²
Volume, LiDAR
658 m³
Parcel 42005B0768/00S000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GnD@rts
since 20112.198.964.066
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42005B0768/00S000 | Flanders | 176 m² | 1 · 99 m² | 10.2 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.
Similar companies · same sector, comparable size
New-Art
BE 0643.838.290
Hooglede · Eq €207k
BOURS ARTHUR ANTIQUITEITEN & INTERIEUR
BE 0866.063.510
As · Eq €206k
F.J. ART
BE 0507.694.931
Liège · Eq €211k
ARTIFACTS
BE 0644.481.658
Oostende · Eq €211k
Primitive Studio
BE 0712.791.731
Brussel · Eq €212k
Of 1,435 companies in sector 47791 we hold annual accounts for 455. 335 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2011
Fiscal year end31-12
Activities, NACEBEL
47791Retail sale of antiques
95240Repair and maintenance of furniture and upholstery
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.