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Private limited companyfounded 20188 yrs activeWaalsekaai 32, 2000 Antwerpen, BelgiumKBO/BCE: BE 0702.839.828

Listings has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €191k and a net result of €113k. Equity is growing by ~36.4% per year across the filed fiscal years. Its solvency ranks better than 69% of 13936 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
89 / 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency81▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.62 against 1.6 in 2024; short-term debt: 19.6% and cash: 31.3% of total assets), and 44% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
56%
Return on assets
33.3%
Age of the figures
12 mo
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 8 years 0 10 y
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-03-2026, 36 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
36 d early
2024
1 d early
2023
1 d early
2022
3 d early
2021
2 d early
2020
on the day
2019
26 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€191k▲ 95.5%
2024 · €97k
2019: €23k 2020: €35k 2021: €28k 2022: €43k 2023: €82k 2024: €97k
2019 → 2025
Total assets
€340k▲ 74.5%
2024 · €195k
2019: €68k 2020: €75k 2021: €90k 2022: €160k 2023: €189k 2024: €195k
2019 → 2025
Net result
€113k▲ 120%
2024 · €51k
2019: €17k 2020: €12k 2021: €-7k 2022: €30k 2023: €49k 2024: €51k
2019 → 2025
Working capital
€108k▲ 201%
2024 · €36k
2019: €6k 2020: €-42 2021: €-14k 2022: €-2k 2023: €16k 2024: €36k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€28k-€43k▲ 54.1%€82k▲ 89.7%€97k▲ 18.4%€191k▲ 95.5%
Operating result€-6k-€36k€68k▲ 89.7%€61k▼ 10.2%€160k▲ 163%
Net result€-7k-€30k€49k▲ 61.8%€51k▲ 4.9%€113k▲ 120%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150kOperating result 2021: €-6k€-6kNet result 2021: €-7k€-7kOperating result 2022: €36k€36kNet result 2022: €30k€30kOperating result 2023: €68k€68kNet result 2023: €49k€49kOperating result 2024: €61k€61kNet result 2024: €51k€51kOperating result 2025: €160k€160kNet result 2025: €113k€113k20212022202320242025
The operating result recovers in 2025; 2025 is 163% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €340k
Fixed assets €166k▲ 67.2%
Current assets €174k▲ 82.0%
Equity and liabilities €340k
Equity €191k▲ 95.5%
Debt €149k▲ 53.4%
The debt ratio falls from 50.0% to 44.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€180k
2024 · €84k
Cash flow
€132k
2024 · €74k
Solvency
56.0%
2024 · 50.0%
Current ratio
2.62
2024 · 1.60
Quick ratio
2.62
2024 · 1.60
Debt / equity
0.78
2024 · 1.00
ROE
59.3%
2024 · 52.7%
ROA
33.3%
2024 · 26.3%
Interest coverage
64.13
2024 · 52.34
Debt
€149k
2024 · €97k
Debt ≤ 1 year
€67k
2024 · €60k
Debt > 1 year
€83k
2024 · €37k
Income taxes
€44k
2024 · €8k
Staff costs
€4k
2024 · €0
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€195k€340k
Fixed assets21/28€99k€166k
Intangible fixed assets21€5k€3k
Tangible fixed assets22/27€87k€156k
Land and buildings22€33k€106k
Plant, machinery and equipment23€2k€2k
Furniture and vehicles24€18k€17k
Other tangible fixed assets26€34k€30k
Financial fixed assets28€7k€7k=
Current assets29/58€96k€174k
Amounts receivable within one year40/41€44k€63k
Trade receivables40€38k€58k
Other amounts receivable41€6k€5k
Cash at bank and in hand54/58€44k€107k
Deferred charges and accrued income490/1€8k€5k
Equity and liabilities
Total equity and liabilities10/49€195k€340k
Equity10/15€97k€191k
Contributions10/11€0-
Reserves13€37k€137k
Distributable reserves133€37k€137k
Profit (loss) carried forward14€60k€53k
Amounts payable17/49€97k€149k
Amounts payable after more than one year17€37k€83k
Financial debts170/4€37k€83k
Amounts payable within one year42/48€60k€67k
Current portion of amounts payable after more than one year42€15k€20k
Financial debts43€350€259
Credit institutions430/8€350€259
Trade debts44€14k€22k
Suppliers440/4€14k€22k
Taxes, remuneration and social security45€0€25k
Taxes450/3€0€24k
Remuneration and social security454/9-€478
Other amounts payable47/48€30k€0
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€0€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€19k
Other operating charges640/8€2k€2k
Gross operating margin9900€85k€185k
Operating profit (loss)9901€61k€160k
Financial income75/76B€4€1
Recurring financial income75€4€1
Financial charges65/66B€2k€3k
Recurring financial charges65€2k€3k
Profit (loss) for the period before taxes9903€59k€158k
Income taxes67/77€8k€44k
Profit (loss) for the period9904€51k€113k
Profit (loss) for the period to be appropriated9905€51k€113k
Appropriation of the result
Profit (loss) to be appropriated9906€90k€173k
Profit (loss) brought forward from the previous period14P€39k€60k
Transfer to equity691/2-€100k
To other reserves6921-€100k
Profit to be distributed694/7€30k€20k
Directors or managers695€30k€20k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
25-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial Highest result since 2019net €113k ▲120%
Operating result €160k, net result €113k, both a record.
30-09
Financial Equity above €150kEq €191k ▲95.5%
4 profitable years in a row build equity to €191k.
29-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
27-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Back to profitnet €30k
Net result €30k after one loss-making year.
28-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial Weakest financial yearnet €-7k ▼156%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
30-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
04-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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, Antwerpen · 2 establishment units since 2018
establishment All 2 establishment units on the map
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.

Waalsekaai 322000 Antwerpen
Ground area
325 m²
Building footprint
255 m²
Volume, LiDAR
2,803 m³
2 parcels, Flanders · tallest building 19.8 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Listings
Waalsekaai 32, 2000 AntwerpenAgents specialised in the wholesale of other particular products
since 20182.279.360.438
Kromstraat 2, 2520 Ranst
Agents specialised in the wholesale of other particular products
since 20222.386.273.541
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11035B0253/00A011 Flanders 177 m² 1 · 107 m² 8.9 m · 3 fl.
11811L3958/00N000 Flanders 148 m² 1 · 148 m² 19.8 m · 6 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

Of 11,751 companies in sector 68310 we hold annual accounts for 6,908. 5,195 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded05-09-2018
Fiscal year end30-09
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.