GREENWOOD
ActiveGREENWOOD has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €662k and a net result of €55k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 95% of 16989 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-4
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 43.05 against 38.16 in 2024; short-term debt: 2.3% and cash: 21.3% of total assets), and 2.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 →
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
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
97.7%
Return on assets
8.2%
Age of the figures
9 mo
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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
3 d early
2023
13 d late
2022
3 d early
2021
24 d late
2020
24 d late
2019
75 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€662k▲ 9.1%
2024 · €606k
2018: €1.23M
2019: €345k
2020: €414k
2021: €496k
2022: €529k
2023: €537k
2024: €606k
2018 → 2025
Total assets
€677k▲ 8.8%
2024 · €622k
2018: €1.25M
2019: €355k
2020: €429k
2021: €515k
2022: €545k
2023: €595k
2024: €622k
2018 → 2025
Net result
€55k▼ 19.9%
2024 · €69k
2018: €50k
2019: €53k
2020: €68k
2021: €82k
2022: €33k
2023: €47k
2024: €69k
2018 → 2025
Working capital
€650k▲ 10.4%
2024 · €589k
2018: €1.12M
2019: €345k
2020: €413k
2021: €453k
2022: €493k
2023: €511k
2024: €589k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€496k-€529k▲ 6.7%€537k▲ 1.5%€606k▲ 12.9%€662k▲ 9.1%
Operating result€120k-€48k▼ 60.3%€64k▲ 35.3%€90k▲ 40.4%€68k▼ 24.6%
Net result€82k-€33k▼ 59.9%€47k▲ 40.9%€69k▲ 48.2%€55k▼ 19.9%
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 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €677k
Fixed assets
€12k▼ 31.3%
Current assets
€665k▲ 10.0%
Equity and liabilities €677k
Equity
€662k▲ 9.1%
Debt
€16k▼ 1.9%
The debt ratio falls from 2.5% to 2.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€78k▼
2024 · €100k
Cash flow
€65k▼
2024 · €79k
Solvency
97.7%▲
2024 · 97.5%
Current ratio
43.05▲
2024 · 38.16
Quick ratio
43.05▲
2024 · 38.16
Debt / equity
0.02▼
2024 · 0.03
ROE
8.4%▼
2024 · 11.4%
ROA
8.2%▼
2024 · 11.1%
Interest coverage
565.74▼
2024 · 839.36
Debt
€16k▼
2024 · €16k
Debt ≤ 1 year
€15k▼
2024 · €16k
Income taxes
€22k▼
2024 · €28k
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€622k€677k▲
Fixed assets21/28€18k€12k▼
Tangible fixed assets22/27€18k€12k▼
Furniture and vehicles24€18k€12k▼
Current assets29/58€604k€665k▲
Amounts receivable within one year40/41€14k€13k▼
Trade receivables40€9k€10k▲
Other amounts receivable41€5k€4k▼
Current investments50/53€487k€489k▲
Cash at bank and in hand54/58€92k€144k▲
Deferred charges and accrued income490/1€11k€19k▲
Equity and liabilities
Total equity and liabilities10/49€622k€677k▲
Equity10/15€606k€662k▲
Contributions10/11€20k€20k=
Reserves13€408k€464k▲
Tax-exempt reserves132€29k€57k▲
Distributable reserves133€379k€407k▲
Profit (loss) carried forward14€177k€177k=
Amounts payable17/49€16k€16k▼
Amounts payable within one year42/48€16k€15k▼
Trade debts44€642-
Suppliers440/4€642-
Taxes, remuneration and social security45€15k€10k▼
Taxes450/3€15k€10k▼
Other amounts payable47/48-€5k
Accrued charges and deferred income492/3€0€93▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€387€400▲
Gross operating margin9900€101k€78k▼
Operating profit (loss)9901€90k€68k▼
Financial income75/76B€7k€9k▲
Recurring financial income75€7k€9k▲
Financial charges65/66B€120€138▲
Recurring financial charges65€120€138▲
Profit (loss) for the period before taxes9903€97k€77k▼
Income taxes67/77€28k€22k▼
Profit (loss) for the period9904€69k€55k▼
Transfer to tax-exempt reserves689€29k€27k▼
Profit (loss) for the period to be appropriated9905€40k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€217k€205k▼
Profit (loss) brought forward from the previous period14P€177k€177k=
Transfer to equity691/2€40k€28k▼
To other reserves6921€40k€28k▼
The notes to these accounts (5 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
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 38.16
Current ratio from 9.90 to 38.16; short-term debt falls from €57k to €16k.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €33k ▼59.9%
Net result drops to €33k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €529k ▲6.7%
5 profitable years in a row build equity to €529k.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Highest result since 2018net €82k ▲21%
Operating result €120k, net result €82k, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 75 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Waterloo · 1 establishment unit since 1998
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.
Avenue Beau Vallon 381410 WaterlooGround area
514 m²
Building footprint
107 m²
Volume, LiDAR
693 m³
Parcel 25110D0593/00_000, Wallonia · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Avenue Beau Vallon 38, 1410 Waterloo
since 19982.086.586.301
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110D0593/00_000 | Wallonia | 514 m² | 1 · 107 m² | 9.9 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.
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Datacolor België
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 1,005 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-04-1998
Fiscal year end31-12
Activities, NACEBEL
62900Other information technology and computer services
72600
Sources
Crossroads Bank for EnterprisesNational Bank · 27 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.