Latim
ActiveLatim has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.29M and a net result of €539k. Its solvency ranks better than 93% of 1036 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth52
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 8.12 against 4.84 in 2024; short-term debt: 11.1% and cash: 27% of total assets), and 11.1% 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 · 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
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
88.9%
Return on assets
37.2%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
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 11-06-2026, 50 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
50 d early
2024
29 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.29M▲ 72.1%
2024 · €747k
2024: €747k
2024 → 2025
Total assets
€1.45M▲ 56.8%
2024 · €922k
2024: €922k
2024 → 2025
Net result
€539k▼ 3.6%
2024 · €558k
2024: €558k
2024 → 2025
Working capital
€1.14M▲ 69.7%
2024 · €672k
2024: €672k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€747k-€1.29M▲ 72.1%
Operating result€740k-€721k▼ 2.6%
Net result€558k-€539k▼ 3.6%
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 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.45M
Fixed assets
€146k▲ 93.0%
Current assets
€1.30M▲ 53.5%
Equity and liabilities €1.45M
Equity
€1.29M▲ 72.1%
Debt
€160k▼ 8.5%
The debt ratio falls from 19.0% to 11.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€744k▼
2024 · €748k
Cash flow
€562k▼
2024 · €566k
Solvency
88.9%▲
2024 · 81.0%
Current ratio
8.12▲
2024 · 4.84
Quick ratio
7.35▲
2024 · 4.20
Debt / equity
0.12▼
2024 · 0.23
ROE
41.9%▼
2024 · 74.7%
ROA
37.2%▼
2024 · 60.6%
Interest coverage
28.20▼
2024 · 4234.92
Debt
€160k▼
2024 · €175k
Debt ≤ 1 year
€160k▼
2024 · €175k
Income taxes
€178k▼
2024 · €181k
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€922k€1.45M▲
Fixed assets21/28€76k€146k▲
Tangible fixed assets22/27€76k€146k▲
Plant, machinery and equipment23€3k€53k▲
Furniture and vehicles24€72k€93k▲
Current assets29/58€847k€1.30M▲
Stocks and contracts in progress3€111k€122k▲
Stocks30/36€111k€122k▲
Contracts in progress37€0-
Amounts receivable within one year40/41€201k€310k▲
Trade receivables40€201k€307k▲
Other amounts receivable41-€2k
Current investments50/53-€477k
Cash at bank and in hand54/58€535k€390k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€922k€1.45M▲
Equity10/15€747k€1.29M▲
Contributions10/11€3k€3k=
Reserves13€744k€1.28M▲
Distributable reserves133€744k€1.28M▲
Amounts payable17/49€175k€160k▼
Amounts payable within one year42/48€175k€160k▼
Trade debts44€7k€29k▲
Suppliers440/4€7k€29k▲
Advances received on contracts in progress46-€24k
Taxes, remuneration and social security45€152k€78k▼
Taxes450/3€152k€78k▼
Other amounts payable47/48€16k€29k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€23k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€-6k▼
Other operating charges640/8€1k€8k▲
Gross operating margin9900€749k€746k▼
Operating profit (loss)9901€740k€721k▼
Financial income75/76B€77€22k▲
Recurring financial income75€77€22k▲
Financial charges65/66B€177€26k▲
Recurring financial charges65€177€26k▲
Profit (loss) for the period before taxes9903€740k€717k▼
Income taxes67/77€181k€178k▼
Profit (loss) for the period9904€558k€539k▼
Profit (loss) for the period to be appropriated9905€558k€539k▼
Appropriation of the result
Profit (loss) to be appropriated9906€558k€539k▼
Transfer to equity691/2€558k€539k▼
To other reserves6921€558k€539k▼
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
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €1MEq €1.29M ▲72.1%
2 profitable years in a row build equity to €1.29M.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 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, Brugge · 1 establishment unit since 2022
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.
Doornhut 348310 BruggeGround area
1,058 m²
Building footprint
206 m²
Volume, LiDAR
900 m³
Parcel 31029B0227/00R009, Flanders · tallest building 8.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Latim
since 20222.336.808.390
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31029B0227/00R009 | Flanders | 1,058 m² | 1 · 206 m² | 8.1 m · 1 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
2025 · 1 entry · 825 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 825 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 848 companies in sector 95319 we hold annual accounts for 252. 103 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-2022
Fiscal year end31-12
Activities, NACEBEL
95319Other maintenance and repair of motor vehicles
33120Repair and maintenance of machinery
43211General electrical installation work
43221Plumbing work
43240Other construction installation
43299Specialised construction activities
43350Other building finishing work
46646Wholesale trade
62900Other information technology and computer services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.