Latitude J
ActiveLatitude J has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €73k and a net result of €12k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 24% of 699 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▲+58
Solvency40=
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.02 against 1.68 in 2023; short-term debt: 48.5% and cash: 65.9% of total assets), but 85.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 88
Relative position
BE, all sectors
reference
Sector 88
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
14.6%
Return on assets
2.5%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 699 sector peers (2024).
NBB · sector comparisonPosition among 699 sector peers
Solvency
better than 24%
← weakest
strongest →
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 30-06-2025, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
33 d early
2022
28 d early
2021
24 d early
2020
8 d early
2019
15 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12k
2023 · €-16k
2019: €260
2020: €-22
2021: €3k
2022: €4k
2023: €-16k
2019 → 2024
Working capital
€247k▲ 52.8%
2023 · €161k
2019: €45k
2020: €112k
2021: €169k
2022: €106k
2023: €161k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€66k-€68k▲ 3.3%€79k▲ 16.1%€62k▼ 22.4%€73k▲ 18.2%
Operating result€54-€3k▲ 4,974%€4k▲ 60.2%€-17k€10k
Net result€-22-€3k€4k▲ 62.5%€-16k€12k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €10k after a loss of €17k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €498k
Fixed assets
€10k▼ 22.6%
Current assets
€488k▲ 22.3%
Equity and liabilities €498k
Equity
€73k▲ 18.2%
Debt
€425k▲ 21.4%
The debt ratio rises from 85.1% to 85.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13k▲
2023 · €-7k
Cash flow
€15k▲
2023 · €-6k
Solvency
14.6%▼
2023 · 14.9%
Current ratio
2.02▲
2023 · 1.68
Quick ratio
2.02▲
2023 · 1.68
Debt / equity
5.84▲
2023 · 5.69
ROE
17.1%▲
2023 · -26.7%
ROA
2.5%▲
2023 · -4.0%
Interest coverage
272.04▲
2023 · -151.61
Debt
€425k▲
2023 · €350k
Debt ≤ 1 year
€242k▲
2023 · €238k
Staff costs
€453k▲
2023 · €440k
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€412k€498k▲
Fixed assets21/28€13k€10k▼
Tangible fixed assets22/27€12k€9k▼
Plant, machinery and equipment23€11k€9k▼
Furniture and vehicles24€2k€483▼
Financial fixed assets28€300€300=
Current assets29/58€399k€488k▲
Amounts receivable within one year40/41€54k€52k▼
Trade receivables40€87€506▲
Other amounts receivable41€54k€52k▼
Current investments50/53€100k€100k=
Cash at bank and in hand54/58€240k€328k▲
Deferred charges and accrued income490/1€5k€8k▲
Equity and liabilities
Total equity and liabilities10/49€412k€498k▲
Equity10/15€62k€73k▲
Profit (loss) carried forward14€53k€65k▲
Investment grants15€9k€7k▼
Amounts payable17/49€350k€425k▲
Amounts payable within one year42/48€238k€242k▲
Trade debts44€5k€7k▲
Suppliers440/4€5k€7k▲
Taxes, remuneration and social security45€53k€55k▲
Taxes450/3€14k€13k▼
Remuneration and social security454/9€38k€42k▲
Accrued charges and deferred income492/3€112k€184k▲
Income statement
Code20232024
Remuneration, social security and pensions62€440k€453k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€3k▼
Other operating charges640/8€320€883▲
Non-recurring operating charges66A€18k€26▼
Gross operating margin9900€451k€466k▲
Operating profit (loss)9901€-17k€10k▲
Financial income75/76B€794€3k▲
Recurring financial income75€794€3k▲
Financial charges65/66B€46€46=
Recurring financial charges65€46€46=
Profit (loss) for the period before taxes9903€-16k€12k▲
Profit (loss) for the period9904€-16k€12k▲
Profit (loss) for the period to be appropriated9905€-16k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€53k€65k▲
Profit (loss) brought forward from the previous period14P€69k€53k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
28-07
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director reappointment24 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director reappointment24 facts ▸
- General meeting, 02/06/2026
- General meeting, 23/06/2026
- Director resignation, Jean Duysens (administrateur)
- Director resignation, Bénédicte Serville (administrateur)
- Director resignation, Maud Hamels (administrateur)
- Director resignation, Isabelle Stommen (administrateur)
- Director resignation, Cécile Delhez (administrateur)
- Director resignation, Michelle Brulet (administrateur)
- Director resignation, Adrien Rikir (administrateur)
- Director resignation, Marie-Rose Wimmer (administrateur)
- Director resignation, Céline Hubin (administrateur)
- Director resignation, Séverine Mahaux (administrateur)
- +12 further facts in this act
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-16k ▼481%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26097432). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Giovanni Virzi
CurrentDirector · since 28-07-2026
Joseph Locht
CurrentTreasurer · since 28-07-2026
Marine Pirotte
CurrentDirector · since 28-07-2026
Nicole Vangeebergen
CurrentDirector · since 28-07-2026
Eddy-Pascal Piret
CurrentDirector
Fabian Rahier
CurrentSecrétaire
+ 1 not shown in this overview
28-07-2026
Giovanni Virzi: Appointed as Director
28-07-2026
Joseph Locht: Appointed as Treasurer
28-07-2026
Marine Pirotte: Appointed as Director
28-07-2026
Nicole Vangeebergen: Appointed as Director
28-07-2026
Adrien Rikir: Resigned as Director
28-07-2026
Bénédicte Serville: Resigned as Director
28-07-2026
Christophe Parthoens: Resigned as Director
28-07-2026
Cécile Delhez: Resigned as Director
28-07-2026
Céline Hubin: Resigned as Director
28-07-2026
Florence Meertens: Resigned as Director
28-07-2026
Hugo Snackers: Resigned as Director
28-07-2026
Jean DUYSENS: Resigned as Director
28-07-2026
Kathy Mawet: Resigned as Director
28-07-2026
Marie-Rose Wimmer: Resigned as Director
28-07-2026
Maud Hamels: Resigned as Director
28-07-2026
Michelle Brulet: Resigned as Director
28-07-2026
STOMMEN Isabelle: Resigned as Director
28-07-2026
Suzanne Pire: Resigned as Director
28-07-2026
Séverine Mahaux: Resigned as Director
Location & real-estate footprint
Registered office, Herve · 1 establishment unit since 2008
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.
Rue du Centre 324651 HerveGround area
432 m²
Building footprint
122 m²
Volume, LiDAR
1,163 m³
Parcel 63006A0238/00M004, Wallonia · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Latitude J
since 20082.198.691.575
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63006A0238/00M004 | Wallonia | 432 m² | 1 · 122 m² | 12.1 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.
Structure & network
Connections & network
4 connected companiesLinked via shared directors
viaPierre HENRY · Director
former→
viaPierre HENRY · Director
former→
viaPierre HENRY · Director
former→
viaPierre HENRY · Director
former→
Public money · subsidies and aid
Wallonia-Brussels Federation
2021 to 2025 · 34 entries · 1,545,105 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 17 | 539,192 EUR |
| 2024 | 5 | 50,027 EUR |
| 2023 | 7 | 511,123 EUR |
| 2022 | 2 | 423,425 EUR |
| 2021 | 3 | 21,338 EUR |
Budget allocations
Subventions aux services d'actions en milieu ouvert
Subventions aux services d’actions en milieu ouvert
Initiatives diverses, projets particuliers et innovants
Subventions aux actions de prévention spécialisée
Subventions aux projets en voie d'agrément
Show 2 more
Fonds budgétaire destiné à subventionner des actions et des mesures d'aide à la jeunesse et de protection de la jeunesse
Soutien aux secteurs de l'aide à la jeunesse
Similar companies · same sector, comparable size
AMO - Secteur d'Ath (Action en Milieuouvert pour le Secteur d'Ath)
BE 0457.610.564
Ath · Eq €73k
Le Cercle
BE 0435.194.359
Ciney · Eq €72k
AMO COLOR'ADOS
BE 0421.286.143
Braine-l'Alleud · Eq €75k
Cliëntenforum
BE 0779.375.994
Brussel · Eq €76k
Amos - Action en Milieu ouvert à Schaerbeek
BE 0454.019.287
Schaarbeek · Eq €76k
Of 258 companies in sector 88992 we hold annual accounts for 136. 82 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded29-03-1999
Fiscal year end31-12
Activities, NACEBEL
85323
88992Social work activities without accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.