GROWIRE
ActiveGROWIRE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224k and a net result of €102k. Equity is growing by ~25.4% per year across the filed fiscal years. Its solvency ranks better than 32% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+29
Solvency62▲+20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 4.07 against 2.93 in 2024; short-term debt: 24.3% of total assets), but 63.4% 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 →
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 · 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
36.6%
Return on assets
16.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 24-11-2025, 157 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
157 d early
2024
120 d early
2023
166 d early
2022
195 d late
2021
1 d early
2020
273 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€224k▲ 83.2%
2024 · €122k
2020: €25k
2021: €96k
2022: €96k
2023: €99k
2024: €122k
2020 → 2025
Total assets
€614k▼ 13.1%
2024 · €706k
2020: €412k
2021: €465k
2022: €407k
2023: €631k
2024: €706k
2020 → 2025
Net result
€102k▲ 334%
2024 · €23k
2020: €23k
2021: €29k
2022: €15k
2023: €29k
2024: €23k
2020 → 2025
Working capital
€457k▲ 2.4%
2024 · €446k
2020: €227k
2021: €228k
2022: €133k
2023: €386k
2024: €446k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€96k-€96k▲ 0.5%€99k▲ 2.9%€122k▲ 23.7%€224k▲ 83.2%
Operating result€35k-€30k▼ 12.7%€31k▲ 1.5%€28k▼ 7.9%€136k▲ 379%
Net result€29k-€15k▼ 47.5%€29k▲ 86.0%€23k▼ 18.4%€102k▲ 334%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 379% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €614k
Fixed assets
€7k▼ 74.5%
Current assets
€606k▼ 10.5%
Equity and liabilities €614k
Equity
€224k▲ 83.2%
Debt
€389k▼ 33.3%
The debt ratio falls from 82.7% to 63.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€158k▲
2024 · €65k
Cash flow
€124k▲
2024 · €60k
Solvency
36.6%▲
2024 · 17.3%
Current ratio
4.07▲
2024 · 2.93
Quick ratio
4.07▲
2024 · 2.93
Debt / equity
1.74▼
2024 · 4.77
ROE
45.4%▲
2024 · 19.2%
ROA
16.6%▲
2024 · 3.3%
Interest coverage
9.14▲
2024 · 4.58
Debt
€389k▼
2024 · €584k
Debt ≤ 1 year
€149k▼
2024 · €231k
Debt > 1 year
€240k▼
2024 · €353k
Income taxes
€38k▲
2024 · €9k
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€706k€614k▼
Formation expenses20€0€0=
Fixed assets21/28€29k€7k▼
Intangible fixed assets21€29k€7k▼
Financial fixed assets28€285€285=
Current assets29/58€677k€606k▼
Amounts receivable after more than one year29€324k€211k▼
Other amounts receivable291€324k€211k▼
Amounts receivable within one year40/41€344k€374k▲
Trade receivables40€221k€270k▲
Other amounts receivable41€124k€103k▼
Deferred charges and accrued income490/1€9k€21k▲
Equity and liabilities
Total equity and liabilities10/49€706k€614k▼
Equity10/15€122k€224k▲
Contributions10/11€89k€89k=
Capital10€89k€89k=
Issued capital100€89k€89k=
Reserves13€33k€135k▲
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Distributable reserves133€24k€126k▲
Profit (loss) carried forward14€875€294▼
Amounts payable17/49€584k€389k▼
Amounts payable after more than one year17€353k€240k▼
Other amounts payable178/9€353k€240k▼
Amounts payable within one year42/48€231k€149k▼
Financial debts43€60k€35k▼
Credit institutions430/8€60k€35k▼
Trade debts44€143k€49k▼
Suppliers440/4€143k€49k▼
Taxes, remuneration and social security45€23k€60k▲
Taxes450/3€23k€60k▲
Other amounts payable47/48€6k€6k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€22k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9k-
Other operating charges640/8€2k€147▼
Gross operating margin9900€76k€158k▲
Operating profit (loss)9901€28k€136k▲
Financial income75/76B€19k€21k▲
Recurring financial income75€19k€21k▲
Financial charges65/66B€14k€17k▲
Recurring financial charges65€14k€17k▲
Profit (loss) for the period before taxes9903€33k€140k▲
Income taxes67/77€9k€38k▲
Profit (loss) for the period9904€23k€102k▲
Profit (loss) for the period to be appropriated9905€23k€102k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€103k▲
Profit (loss) brought forward from the previous period14P€1k€875▼
Transfer to equity691/2€24k€102k▲
To other reserves6921€24k€102k▲
The notes to these accounts (4 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
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-09
Financial
Highest result since 2020net €102k ▲334%
Operating result €136k, net result €102k, both a record.
30-09
Financial
Equity above €200kEq €224k ▲83.2%
6 profitable years in a row build equity to €224k.
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-09
Financial
Equity above €100kEq €122k ▲23.7%
5 profitable years in a row build equity to €122k.
2023
16-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
11-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 195 days late
2022
30-09
Financial
Weakest financial yearnet €15k ▼47.5%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 273 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Beringen · 1 establishment unit since 2019
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.
Schrikheidestraat 162B3582 BeringenGround area
2,946 m²
Building footprint
312 m²
Volume, LiDAR
1,362 m³
Parcel 71029B1165/00W008, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Schrikheidestraat 162B, 3582 Beringen
since 20192.291.590.554
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71029B1165/00W008 | Flanders | 2,946 m² | 1 · 312 m² | 6.6 m · 1 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
ICASA Group
BE 0462.158.280
Diepenbeek · Eq €224k
VHL Consulting
BE 0879.055.768
Aalter · Eq €224k
RED FROG
BE 0892.751.376
Enghien · Eq €224k
PAYTECH
BE 0779.926.421
La Louvière · Eq €224k
m8n
BE 0865.637.502
Antwerpen · Eq €224k
Of 16,869 companies in sector 62100 we hold annual accounts for 8,779. 6,479 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-02-2019
Fiscal year end30-09
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.