LAUNCHPAD EUROPE
ActiveLAUNCHPAD EUROPE has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42k and a net result of €8k. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 45% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability54▲+7
Solvency60▼-20
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 2.41 in 2024; short-term debt: 62.5% and cash: 80.9% of total assets), but 64.9% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
35.1%
Return on assets
6.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 8 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
30 d late
2022
1 d late
2021
31 d late
2020
31 d late
2019
31 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€42k▼ 51.4%
2024 · €87k
2018: €4k
2019: €27k
2020: €42k
2021: €62k
2022: €61k
2023: €81k
2024: €87k
2018 → 2025
Total assets
€121k▼ 23.9%
2024 · €159k
2018: €6k
2019: €43k
2020: €62k
2021: €100k
2022: €95k
2023: €137k
2024: €159k
2018 → 2025
Net result
€8k▲ 34.2%
2024 · €6k
2018: €-2k
2019: €23k
2020: €15k
2021: €19k
2022: €-847
2023: €20k
2024: €6k
2018 → 2025
Working capital
€45k▼ 51.2%
2024 · €93k
2018: €4k
2019: €27k
2020: €42k
2021: €62k
2022: €61k
2023: €81k
2024: €93k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€62k-€61k▼ 1.4%€81k▲ 33.4%€87k▲ 7.2%€42k▼ 51.4%
Operating result€23k-€922▼ 96.0%€27k▲ 2,869%€8k▼ 69.0%€10k▲ 12.8%
Net result€19k-€-847€20k€6k▼ 71.3%€8k▲ 34.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 13% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €121k
Equity
€42k▼ 51.4%
Debt
€78k▲ 9.6%
The debt ratio rises from 45.1% to 64.9%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
35.1%▼
2024 · 54.9%
Current ratio
1.60▼
2024 · 2.41
Quick ratio
1.51▼
2024 · 2.29
Debt / equity
1.85▲
2024 · 0.82
ROE
18.5%▲
2024 · 6.7%
ROA
6.5%▲
2024 · 3.7%
Debt
€78k▲
2024 · €71k
Debt ≤ 1 year
€75k▲
2024 · €66k
Income taxes
€3k▲
2024 · €2k
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€159k€121k▼
Current assets29/58€159k€121k▼
Stocks and contracts in progress3€8k€7k▼
Stocks30/36€8k€7k▼
Amounts receivable within one year40/41€22k€16k▼
Trade receivables40€22k€11k▼
Other amounts receivable41-€5k
Cash at bank and in hand54/58€129k€98k▼
Deferred charges and accrued income490/1€171€0▼
Equity and liabilities
Total equity and liabilities10/49€159k€121k▼
Equity10/15€87k€42k▼
Contributions10/11€6k€19k▲
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€79k€22k▼
Amounts payable17/49€71k€78k▲
Amounts payable within one year42/48€66k€75k▲
Financial debts43€0€11▲
Credit institutions430/8€0€11▲
Trade debts44€12k€18k▲
Suppliers440/4€12k€18k▲
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€52k€55k▲
Accrued charges and deferred income492/3€6k€3k▼
Income statement
Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-180
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€126€944▲
Gross operating margin9900€9k€10k▲
Operating profit (loss)9901€8k€10k▲
Financial income75/76B€124€1k▲
Recurring financial income75€124€1k▲
Financial charges65/66B€589€316▼
Recurring financial charges65€589€316▼
Profit (loss) for the period before taxes9903€8k€10k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€6k€8k▲
Profit (loss) for the period to be appropriated9905€6k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€79k€22k▼
Profit (loss) brought forward from the previous period14P€73k€14k▼
Transfer from equity791/2-€65k
Profit to be distributed694/7-€65k
Return on contributions (dividend)694-€65k
The notes to these accounts (1 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 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, Oostkamp · 1 establishment unit since 2023
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.
Legeweg 1578020 OostkampGround area
4,869 m²
Building footprint
4,901 m²
Volume, LiDAR
43,255 m³
Parcel 31022A0108/00K002, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Legeweg 157, 8020 Oostkamp
since 20232.349.980.297
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31022A0108/00K002 | Flanders | 4,869 m² | 1 · 4,901 m² | 12.9 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.
Similar companies · same sector, comparable size
UVee
BE 0537.708.018
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WIMEQ
BE 0859.624.094
Heusden-Zolder · Eq €41k
LIWAES
BE 0769.421.420
Roosdaal · Eq €44k
SHZ
BE 0885.689.974
Zonhoven · Eq €41k
Mobilae België
BE 0828.528.567
Sint-Martens-Latem · Eq €40k
Of 1,898 companies in sector 46460 we hold annual accounts for 1,116. 451 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-11-2018
Fiscal year end31-12
Activities, NACEBEL
46460Wholesale of pharmaceutical and medical goods
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.