GROWTHPAD
ActiveGROWTHPAD has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €54k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 26% of 7687 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
76
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency29▼-11
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.13 in 2024), and 79.6% 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
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
20.4%
Return on assets
53.6%
Age of the figures
8 mo
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
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 · 7 filingsDeviation from the deadline
2025
2 d early
2024
37 d early
2023
40 d early
2022
33 d early
2021
28 d early
2020
29 d early
2019
67 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€20k▲ 5.5%
2024 · €19k
2019: €19k
2020: €17k
2021: €17k
2022: €24k
2023: €19k
2024: €19k
2019 → 2025
Total assets
€100k▲ 28.3%
2024 · €78k
2019: €29k
2020: €29k
2021: €71k
2022: €76k
2023: €70k
2024: €78k
2019 → 2025
Net result
€54k▲ 44.7%
2024 · €37k
2019: €21k
2020: €-3k
2021: €16k
2022: €18k
2023: €24k
2024: €37k
2019 → 2025
Working capital
€11k▲ 43.0%
2024 · €7k
2019: €22k
2020: €18k
2021: €11k
2022: €12k
2023: €9k
2024: €7k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€24k▲ 40.8%€19k▼ 18.5%€19k=€20k▲ 5.5%
Operating result€21k-€28k▲ 34.3%€33k▲ 18.2%€53k▲ 61.4%€77k▲ 46.2%
Net result€16k-€18k▲ 14.1%€24k▲ 32.7%€37k▲ 55.1%€54k▲ 44.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 46% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100k
Fixed assets
€12k▼ 6.3%
Current assets
€88k▲ 34.8%
Equity and liabilities €100k
Equity
€20k▲ 5.5%
Debt
€80k▲ 35.8%
The debt ratio rises from 75.2% to 79.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€79k▲
2024 · €55k
Cash flow
€56k▲
2024 · €39k
Solvency
20.4%▼
2024 · 24.8%
Current ratio
1.14▲
2024 · 1.13
Quick ratio
1.14▲
2024 · 1.13
Debt / equity
3.91▲
2024 · 3.04
ROE
263.2%▲
2024 · 191.8%
ROA
53.6%▲
2024 · 47.5%
Interest coverage
26.38▼
2024 · 87.81
Debt
€80k▲
2024 · €59k
Debt ≤ 1 year
€78k▲
2024 · €58k
Income taxes
€21k▲
2024 · €15k
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€78k€100k▲
Fixed assets21/28€12k€12k▼
Tangible fixed assets22/27€12k€12k▼
Plant, machinery and equipment23€4k€4k▼
Furniture and vehicles24€8k€8k▼
Current assets29/58€66k€88k▲
Amounts receivable within one year40/41€33k€30k▼
Trade receivables40€33k€30k▼
Other amounts receivable41€85€99▲
Cash at bank and in hand54/58€31k€57k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€78k€100k▲
Equity10/15€19k€20k▲
Contributions10/11€19k€19k=
Reserves13€691€2k▲
Distributable reserves133€691€2k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€59k€80k▲
Amounts payable within one year42/48€58k€78k▲
Financial debts43€9k€9k▲
Credit institutions430/8€9k€9k▲
Trade debts44€3k€12k▲
Suppliers440/4€3k€12k▲
Taxes, remuneration and social security45€23k€25k▲
Taxes450/3€23k€25k▲
Other amounts payable47/48€24k€33k▲
Accrued charges and deferred income492/3€512€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€653€669▲
Gross operating margin9900€56k€80k▲
Operating profit (loss)9901€53k€77k▲
Financial income75/76B€111€281▲
Recurring financial income75€111€281▲
Financial charges65/66B€626€3k▲
Recurring financial charges65€626€3k▲
Profit (loss) for the period before taxes9903€52k€74k▲
Income taxes67/77€15k€21k▲
Profit (loss) for the period9904€37k€54k▲
Profit (loss) for the period to be appropriated9905€37k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€54k▲
Transfer from equity791/2€0-
Transfer to equity691/2€6€1k▲
To the legal reserve6920€6€0▼
To other reserves6921-€1k
Profit to be distributed694/7€37k€53k▲
Return on contributions (dividend)694€37k€53k▲
The notes to these accounts (14 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
31-12
Financial
Highest result since 2019net €54k ▲44.7%
Operating result €77k, net result €54k, both a record.
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-3k ▼113%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 67 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Lievens-Houtem · 1 establishment unit since 2018
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.
Diepestraat 1179520 Sint-Lievens-HoutemGround area
596 m²
Building footprint
94 m²
Volume, LiDAR
378 m³
Parcel 41063B0565/00R000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
GROWTHPAD
since 20182.279.188.214
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41063B0565/00R000 | Flanders | 596 m² | 1 · 94 m² | 6.9 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 1,481 EUR awarded · 1,481 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 311 EUR | 311 EUR |
| 2023 | 1 | 1,170 EUR | 1,170 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,423 companies in sector 82990 we hold annual accounts for 9,361. 5,786 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2018
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.