In Forma
ActiveIn Forma has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €103k and a net result of €42k. Equity is growing by ~25.1% per year across the filed fiscal years. Its solvency ranks better than 53% of 31642 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+9
Solvency84▲+13
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 1.56 in 2024; short-term debt: 40.6% and cash: 69.8% of total assets), and 40.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
59.4%
Return on assets
24.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-11-2025, 68 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
68 d early
2024
52 d early
2023
51 d early
2022
6 d early
2021
on the day
2020
1 d late
2019
10 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€103k▲ 69.7%
2024 · €61k
2019: €21k
2020: €24k
2021: €29k
2022: €36k
2023: €26k
2024: €61k
2019 → 2025
Total assets
€173k▲ 31.6%
2024 · €132k
2019: €50k
2020: €62k
2021: €63k
2022: €86k
2023: €112k
2024: €132k
2019 → 2025
Net result
€42k▲ 92.6%
2024 · €22k
2019: €-1k
2020: €2k
2021: €5k
2022: €7k
2023: €-10k
2024: €22k
2019 → 2025
Working capital
€80k▲ 104%
2024 · €39k
2019: €12k
2020: €16k
2021: €15k
2022: €12k
2023: €2k
2024: €39k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€36k▲ 25.1%€26k▼ 27.0%€61k▲ 131%€103k▲ 69.7%
Operating result€8k-€11k▲ 41.7%€-8k€33k€61k▲ 85.0%
Net result€5k-€7k▲ 42.1%€-10k€22k€42k▲ 92.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 85% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets
€23k▲ 3.4%
Current assets
€150k▲ 37.2%
Equity and liabilities €173k
Equity
€103k▲ 69.7%
Debt
€70k▼ 0.9%
The debt ratio falls from 54.0% to 40.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€71k▲
2024 · €42k
Cash flow
€52k▲
2024 · €31k
Solvency
59.4%▲
2024 · 46.0%
Current ratio
2.14▲
2024 · 1.56
Quick ratio
2.14▲
2024 · 1.56
Debt / equity
0.68▼
2024 · 1.17
ROE
41.1%▲
2024 · 36.2%
ROA
24.4%▲
2024 · 16.7%
Interest coverage
22.51▲
2024 · 19.89
Debt
€70k▼
2024 · €71k
Debt ≤ 1 year
€70k▼
2024 · €70k
Income taxes
€17k▲
2024 · €10k
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€132k€173k▲
Fixed assets21/28€22k€23k▲
Tangible fixed assets22/27€22k€23k▲
Land and buildings22€7k€6k▼
Plant, machinery and equipment23€8k€8k▼
Furniture and vehicles24€7k€9k▲
Current assets29/58€110k€150k▲
Amounts receivable within one year40/41€27k€27k=
Trade receivables40€27k€27k▼
Other amounts receivable41€4€19▲
Cash at bank and in hand54/58€80k€121k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€132k€173k▲
Equity10/15€61k€103k▲
Contributions10/11€19k€19k=
Reserves13€42k€84k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€40k€84k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€71k€70k▼
Amounts payable within one year42/48€70k€70k▼
Trade debts44€15k€10k▼
Suppliers440/4€15k€10k▼
Taxes, remuneration and social security45€15k€6k▼
Taxes450/3€15k€6k▼
Other amounts payable47/48€41k€55k▲
Accrued charges and deferred income492/3€559€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▲
Other operating charges640/8€962€1k▲
Gross operating margin9900€43k€72k▲
Operating profit (loss)9901€33k€61k▲
Financial income75/76B€660€1k▲
Recurring financial income75€660€1k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€32k€59k▲
Income taxes67/77€10k€17k▲
Profit (loss) for the period9904€22k€42k▲
Profit (loss) for the period to be appropriated9905€22k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€42k▲
Profit (loss) brought forward from the previous period14P€6k€0▼
Transfer to equity691/2€28k€42k▲
To other reserves6921€28k€42k▲
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
2025
24-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2019net €42k ▲92.6%
Operating result €61k, net result €42k, both a record.
30-06
Financial
Equity above €100kEq €103k ▲69.7%
2 profitable years in a row build equity to €103k.
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €-10k ▼235%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
10-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 10 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
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, Nazareth-De Pinte · 1 establishment unit since 2017
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.
Graaf H. Goethalslaan 21A9840 Nazareth-De PinteGround area
4,362 m²
Building footprint
790 m²
Volume, LiDAR
4,708 m³
Parcel 44012C0163/00P000, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
In Forma
since 20172.264.620.396
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44012C0163/00P000 | Flanders | 4,362 m² | 1 · 790 m² | 12.4 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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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 40,609 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-05-2017
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
49320Non-scheduled passenger transport by road
49390Land transport and transport via pipelines
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.