Indic8
ActiveIndic8 has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €52k. Equity is shrinking by ~34.6% per year across the filed fiscal years. Its solvency ranks better than 59% of 12646 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency52▼-1
Growth58=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.19 against 0.39 in 2024), and 59.2% 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 56
Relative position
BE, all sectors
reference
Sector 56
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
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
40.8%
Return on assets
35.7%
Age of the figures
8 mo
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
38 d early
2023
16 d early
2022
31 d late
2021
25 d late
2020
11 d early
2019
28 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
06-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€59k▼ 32.0%
2024 · €87k
2021: €301k
2022: €232k
2023: €143k
2024: €87k
2021 → 2025
Total assets
€146k▼ 29.4%
2024 · €207k
2021: €318k
2022: €234k
2023: €196k
2024: €207k
2021 → 2025
Net result
€52k▼ 19.5%
2024 · €65k
2021: €-92k
2022: €-69k
2023: €24k
2024: €65k
2021 → 2025
Working capital
€-70k▲ 4.6%
2024 · €-73k
2021: €236k
2022: €77k
2023: €5k
2024: €-73k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€301k-€232k▼ 22.9%€143k▼ 38.5%€87k▼ 38.8%€59k▼ 32.0%
Operating result€45k-€-68k€25k€71k▲ 190%€79k▲ 10.3%
Net result€-92k-€-69k▲ 25.3%€24k€65k▲ 170%€52k▼ 19.5%
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 2022 the operating result has climbed three years in a row; 2025 is 10% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €146k
Fixed assets
€129k▼ 19.5%
Current assets
€17k▼ 63.9%
Equity and liabilities €146k
Equity
€59k▼ 32.0%
Debt
€86k▼ 27.5%
The debt ratio rises from 57.7% to 59.2%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€115k▲
2024 · €100k
Cash flow
€89k▼
2024 · €93k
Solvency
40.8%▼
2024 · 42.3%
Current ratio
0.19▼
2024 · 0.39
Quick ratio
0.16▼
2024 · 0.37
Debt / equity
1.45▲
2024 · 1.36
ROE
87.5%▲
2024 · 73.8%
ROA
35.7%▲
2024 · 31.2%
Interest coverage
16.48▼
2024 · 594.12
Debt
€86k▼
2024 · €119k
Debt ≤ 1 year
€86k▼
2024 · €119k
Income taxes
€20k▲
2024 · €7k
Staff costs
€17k▲
2024 · €8k
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
Total assets
20/58€207k€146k▼
Fixed assets
21/28€161k€129k▼
Tangible fixed assets
22/27€161k€129k▼
Current assets
29/58€46k€17k▼
Stocks & contracts in progress
3€2k€3k▲
Amounts receivable within one year
40/41€4k€5k▲
Cash & bank
54/58€38k€7k▼
Total equity & liabilities
10/49€207k€146k▼
Equity
10/15€87k€59k▼
Contributions / capital
10/11€19k€19k=
Reserves
13€137k€109k▼
Accumulated profits (losses)
14€-68k€-68k=
Amounts payable
17/49€119k€86k▼
Amounts payable within one year
42/48€119k€86k▼
Trade debts payable within one year
44€3k€2k▼
Income statement
Code20242025
Gross operating margin
9900€112k€133k▲
Operating result
9901€71k€79k▲
Financial income
75€679€410▼
Financial charges
65€169€7k▲
Result before taxes
9903€72k€72k▲
Income taxes
67/77€7k€20k▲
Net result for the period
9904€65k€52k▼
Result to be appropriated
9905€65k€52k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €65k ▲170%
Net result €65k, the highest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 41.94
Current ratio from 14.82 to 41.94; short-term debt falls from €17k to €2k.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2015
17-06
State Gazette act
Publication
Act object · Notarial deed · Incorporation · Founding capital
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
IS.BA.HI
BE 0801.745.679
Brussel · Eq €59k
FRITURE MERODE
BE 0479.118.137
Etterbeek · Eq €59k
BRANDBAR
BE 0678.853.213
Antwerpen · Eq €59k
Didim
BE 0548.640.908
Laakdal · Eq €59k
SeTi
BE 0730.755.240
Ranst · Eq €59k
Of 21,676 companies in sector 56112 we hold annual accounts for 9,381. 8,021 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-09-2006
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 19-07-2026. Scores and ratios are computed by Checked and are not a credit decision.