JORO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €184k and a net result of €19k. Equity is growing by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 85% of 9864 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
76 d late
2022
152 d late
2021
151 d late
2020
31 d late
2019
70 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€184k▲ 11.8%
2023 · €164k
2018: €34k
2019: €68k
2020: €100k
2021: €124k
2022: €145k
2023: €164k
2018 → 2024
Net result
€19k▲ 0.7%
2023 · €19k
2018: €-175k
2019: €34k
2020: €31k
2021: €24k
2022: €21k
2023: €19k
2018 → 2024
Total assets
€209k▲ 9.3%
2023 · €191k
2018: €56k
2019: €110k
2020: €137k
2021: €183k
2022: €189k
2023: €191k
2018 → 2024
Solvency
87.9%▲ 2.0pp
2023 · 85.9%
2018: 61.0%
2019: 61.9%
2020: 72.5%
2021: 67.7%
2022: 76.9%
2023: 85.9%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€100k-€124k▲ 24.3%€145k▲ 17.1%€164k▲ 13.3%€184k▲ 11.8%
Operating result€37k-€33k▼ 9.6%€15k▼ 54.4%€19k▲ 25.2%€16k▼ 14.3%
Net result€31k-€24k▼ 22.7%€21k▼ 12.3%€19k▼ 9.4%€19k▲ 0.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 14% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €209k
Fixed assets
€15k▼ 25.0%
Current assets
€194k▲ 13.2%
Equity and liabilities €209k
Equity
€184k▲ 11.8%
Debt
€25k▼ 6.2%
The debt ratio falls from 14.1% to 12.1%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
87.9%▲
2023 · 85.9%
ROE
10.5%▼
2023 · 11.7%
ROA
9.3%▼
2023 · 10.1%
Debt
€25k▼
2023 · €27k
Debt ≤ 1 year
€22k▲
2023 · €18k
Debt > 1 year
€3k▼
2023 · €9k
Income taxes
€5k▲
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€191k€209k▲
Fixed assets21/28€20k€15k▼
Tangible fixed assets22/27€20k€15k▼
Furniture and vehicles24€20k€15k▼
Current assets29/58€171k€194k▲
Amounts receivable within one year40/41€143k€164k▲
Trade receivables40€437€2k▲
Other amounts receivable41€143k€162k▲
Current investments50/53€15k€15k=
Cash at bank and in hand54/58€13k€15k▲
Deferred charges and accrued income490/1€412€383▼
Equity and liabilities
Total equity and liabilities10/49€191k€209k▲
Equity10/15€164k€184k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€144k€163k▲
Amounts payable17/49€27k€25k▼
Amounts payable after more than one year17€9k€3k▼
Financial debts170/4€9k€3k▼
Amounts payable within one year42/48€18k€22k▲
Financial debts43€6k€7k▲
Credit institutions430/8€6k€7k▲
Trade debts44€2k€1k▼
Suppliers440/4€2k€1k▼
Taxes, remuneration and social security45€10k€15k▲
Taxes450/3€10k€11k▲
Remuneration and social security454/9-€4k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€1k€4k▲
Gross operating margin9900€28k€27k▼
Operating profit (loss)9901€19k€16k▼
Financial income75/76B€7k€9k▲
Recurring financial income75€7k€9k▲
Financial charges65/66B€1k€362▼
Recurring financial charges65€1k€362▼
Profit (loss) for the period before taxes9903€24k€25k▲
Income taxes67/77€5k€5k▲
Profit (loss) for the period9904€19k€19k▲
Profit (loss) for the period to be appropriated9905€19k€19k▲
Appropriation of the result
Profit (loss) to be appropriated9906€144k€163k▲
Profit (loss) brought forward from the previous period14P€125k€144k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
15-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 76 days late
2023
31-12
Financial
Equity above €150kEq €164k ▲13.3%
5 profitable years in a row build equity to €164k.
30-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 152 days late
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 151 days late
2021
31-12
Financial
Equity above €100kEq €124k ▲24.3%
3 profitable years in a row build equity to €124k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
28-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Wijnegem
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.
Ertbruggestraat 632110 WijnegemGround area
492 m²
Building footprint
65 m²
Volume, LiDAR
534 m³
Parcel 11050A0306/00S000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11050A0306/00S000 | Flanders | 492 m² | 1 · 65 m² | 10.8 m · 3 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 24,728 companies in sector 64210 we hold annual accounts for 19,760. 13,537 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2006
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
74151
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.