INVESTMENTS & PARTICIPATIONS
ActiveSummary
INVESTMENTS & PARTICIPATIONS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €198k and a net result of €-29k. Equity is growing by ~3.3% per year across the filed fiscal years. Its solvency ranks better than 25% of 909 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
47
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability35▼-1
Solvency32▲+4
Growth52=
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 tight (current ratio 1.07 against 1.03 in 2023; short-term debt: 93.3% of total assets), and 93.3% 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 93
Relative position
BE, all sectors
reference
Sector 93
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
6.7%
Return on assets
-1%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-29k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-07-2025, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
16 d early
2023
2 d early
2022
on the day
2021
on the day
2020
1 d early
2019
69 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€198k▼ 12.7%
2023 · €227k
2018: €189k
2019: €215k
2020: €233k
2021: €263k
2022: €272k
2023: €227k
2018 → 2024
Total assets
€2.97M▼ 56.9%
2023 · €6.90M
2018: €2.08M
2019: €1.47M
2020: €2.83M
2021: €6.71M
2022: €5.65M
2023: €6.90M
2018 → 2024
Net result
€-29k▲ 36.4%
2023 · €-45k
2018: €6k
2019: €26k
2020: €17k
2021: €30k
2022: €10k
2023: €-45k
2018 → 2024
Working capital
€200k▼ 12.6%
2023 · €229k
2018: €189k
2019: €215k
2020: €234k
2021: €265k
2022: €274k
2023: €229k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€233k-€263k▲ 12.9%€272k▲ 3.6%€227k▼ 16.7%€198k▼ 12.7%
Operating result€26k-€43k▲ 66.5%€45k▲ 4.8%€60k▲ 32.8%€57k▼ 4.1%
Net result€17k-€30k▲ 72.3%€10k▼ 68.2%€-45k€-29k▲ 36.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 4% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €2.97M
Equity
€198k ▼ 12.7%
Debt
€2.78M ▼ 58.4%
Debt's share of the balance-sheet total falls from 96.7% to 93.3%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.07▲
2023 · 1.03
Debt to equity
14.01▼
2023 · 29.40
ROE
-14.6%▲
2023 · -20.0%
ROA
-1.0%▼
2023 · -0.7%
Debt ≤ 1 year
€2.77M▼
2023 · €6.67M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet
Code20232024
Assets
Total assets20/58€6.90M€2.97M▼
Current assets29/58€6.90M€2.97M▼
Amounts receivable within one year40/41€6.90M€2.97M▼
Trade receivables40€6.90M€2.71M▼
Other amounts receivable41€4k€268k▲
Equity and liabilities
Total equity and liabilities10/49€6.90M€2.97M▼
Equity10/15€227k€198k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€159k€130k▼
Amounts payable17/49€6.68M€2.78M▼
Amounts payable within one year42/48€6.67M€2.77M▼
Trade debts44€3.15M€2.64M▼
Suppliers440/4€3.15M€2.64M▼
Taxes, remuneration and social security45€0€137k▲
Taxes450/3€0€137k▲
Other amounts payable47/48€3.53M€0▼
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20232024
Other operating charges640/8€2k€1k▼
Gross operating margin9900€61k€58k▼
Operating profit (loss)9901€60k€57k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€105k€86k▼
Recurring financial charges65€105k€86k▼
Profit (loss) for the period before taxes9903€-45k€-29k▲
Profit (loss) for the period9904€-45k€-29k▲
Profit (loss) for the period to be appropriated9905€-45k€-29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€159k€130k▼
Profit (loss) brought forward from the previous period14P€204k€159k▼
Timeline · acts, filings and financial milestones
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-45k ▼575%
Net result drops to €-45k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €30k ▲72.3%
Net result €30k, the highest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 69 days late
2019
31-12
Financial
Equity above €200kEq €215k ▲13.6%
2 profitable years in a row build equity to €215k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Gent · 1 establishment unit since 2002
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.
Nederzwijnaarde 29052 GentGround area
22.2 ha
Building footprint
13.6 ha
Volume, LiDAR
399,922 m³
2 parcels, Flanders · tallest building 18.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Industriepark "De Bruwaan" 4, 9700 Oudenaarde
since 20022.115.277.416
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082B0391/00B002 | Flanders | 16.2 ha | 1 · 8.2 ha | - |
| 45502B0607/00C002 | Flanders | 6.0 ha | 1 · 5.4 ha | 18.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
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FMX4EVER
BE 0885.096.492
Zelzate · Eq €200,315
YOR ROY & CO
BE 0729.702.987
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CAPTAINS OF CYCLING
BE 0478.242.662
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Of 3,875 companies in sector 93199 we hold annual accounts for 605. 410 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-09-2000
Fiscal year end31-12
Activities, NACEBEL 2025
93199Other sports activities
46496Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.