M26
ActiveM26 has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €118k and a net result of €61k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 64% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+3
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.44 against 2.23 in 2024), and 27.8% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
72.2%
Return on assets
37.5%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
25 d late
2023
55 d late
2022
46 d early
2021
30 d late
2020
31 d early
2019
25 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€118k▲ 1.3%
2024 · €117k
2018: €108k
2019: €78k
2020: €61k
2021: €85k
2022: €127k
2023: €91k
2024: €117k
2018 → 2025
Total assets
€164k▼ 20.6%
2024 · €207k
2018: €185k
2019: €159k
2020: €187k
2021: €130k
2022: €156k
2023: €178k
2024: €207k
2018 → 2025
Net result
€61k▼ 19.3%
2024 · €76k
2018: €106k
2019: €-31k
2020: €73k
2021: €26k
2022: €43k
2023: €24k
2024: €76k
2018 → 2025
Working capital
€111k▲ 0.8%
2024 · €110k
2018: €106k
2019: €75k
2020: €54k
2021: €77k
2022: €118k
2023: €83k
2024: €110k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€85k-€127k▲ 50.3%€91k▼ 28.6%€117k▲ 28.8%€118k▲ 1.3%
Operating result€34k-€45k▲ 31.9%€34k▼ 23.9%€101k▲ 196%€82k▼ 18.9%
Net result€26k-€43k▲ 64.1%€24k▼ 44.7%€76k▲ 223%€61k▼ 19.3%
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 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €164k
Fixed assets
€7k▲ 9.4%
Current assets
€157k▼ 21.6%
Equity and liabilities €164k
Equity
€118k▲ 1.3%
Debt
€46k▼ 49.1%
The debt ratio falls from 43.4% to 27.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€85k▼
2024 · €104k
Cash flow
€65k▼
2024 · €80k
Solvency
72.2%▲
2024 · 56.6%
Current ratio
3.44▲
2024 · 2.23
Quick ratio
3.44▲
2024 · 2.23
Debt / equity
0.39▼
2024 · 0.77
ROE
51.9%▼
2024 · 65.1%
ROA
37.5%▲
2024 · 36.8%
Interest coverage
84.88▼
2024 · 92.84
Debt
€46k▼
2024 · €90k
Debt ≤ 1 year
€46k▼
2024 · €90k
Income taxes
€27k▲
2024 · €24k
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€207k€164k▼
Fixed assets21/28€7k€7k▲
Tangible fixed assets22/27€7k€7k▲
Furniture and vehicles24€4k€5k▲
Other tangible fixed assets26€3k€3k▼
Current assets29/58€200k€157k▼
Amounts receivable within one year40/41€64k€22k▼
Trade receivables40€22k€22k=
Other amounts receivable41€42k-
Cash at bank and in hand54/58€136k€133k▼
Deferred charges and accrued income490/1€249€992▲
Equity and liabilities
Total equity and liabilities10/49€207k€164k▼
Equity10/15€117k€118k▲
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€97k€98k▲
Amounts payable17/49€90k€46k▼
Amounts payable within one year42/48€90k€46k▼
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€37k€43k▲
Taxes450/3€37k€43k▲
Other amounts payable47/48€50k€34▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€968€1k▲
Gross operating margin9900€105k€86k▼
Operating profit (loss)9901€101k€82k▼
Financial income75/76B-€8k
Recurring financial income75-€8k
Non-recurring financial income76B-€8k
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€100k€89k▼
Income taxes67/77€24k€27k▲
Profit (loss) for the period9904€76k€61k▼
Profit (loss) for the period to be appropriated9905€76k€61k▼
Appropriation of the result
Profit (loss) to be appropriated9906€147k€158k▲
Profit (loss) brought forward from the previous period14P€70k€97k▲
Profit to be distributed694/7€50k€60k▲
Return on contributions (dividend)694€50k€60k▲
The notes to these accounts (7 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Equity above €100kEq €117k ▲28.8%
5 profitable years in a row build equity to €117k.
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €127k ▲50.3%
3 profitable years in a row build equity to €127k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €73k
Net result €73k after one loss-making year.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-31k ▼129%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Ittre · 1 establishment unit since 2016
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 des Genêts 121460 IttreGround area
1,553 m²
Building footprint
111 m²
Parcel 25044A0408/00P000, Wallonia. Linked by address, not a title deed.
1 establishment unit
M26
since 20162.248.659.542
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25044A0408/00P000 | Wallonia | 1,553 m² | 1 · 111 m² | - |
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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14Value
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Of 16,868 companies in sector 62100 we hold annual accounts for 8,779. 6,930 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2015
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.