Management SIEM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €672k and a net result of €121k. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 92% of 9864 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
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 25-06-2025, 36 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
57 d early
2022
4 d early
2021
16 d early
2020
20 d early
2019
14 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€672k▲ 22.0%
2023 · €551k
2019: €207k
2020: €253k
2021: €364k
2022: €450k
2023: €551k
2019 → 2024
Net result
€121k▲ 20.0%
2023 · €101k
2019: €16k
2020: €46k
2021: €111k
2022: €136k
2023: €101k
2019 → 2024
Total assets
€712k▲ 20.3%
2023 · €592k
2019: €323k
2020: €346k
2021: €408k
2022: €608k
2023: €592k
2019 → 2024
Solvency
94.4%▲ 1.3pp
2023 · 93.1%
2019: 64.0%
2020: 73.0%
2021: 89.3%
2022: 74.1%
2023: 93.1%
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€253k-€364k▲ 44.0%€450k▲ 23.7%€551k▲ 22.4%€672k▲ 22.0%
Operating result€76k-€166k▲ 119%€141k▼ 15.1%€152k▲ 8.0%€175k▲ 14.8%
Net result€46k-€111k▲ 140%€136k▲ 22.4%€101k▼ 25.9%€121k▲ 20.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 15% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €712k
Fixed assets
€279k▼ 1.5%
Current assets
€434k▲ 40.2%
Equity and liabilities €712k
Equity
€672k▲ 22.0%
Debt
€40k▼ 2.1%
The debt ratio falls from 6.9% to 5.6%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
94.4%▲
2023 · 93.1%
ROE
18.0%▼
2023 · 18.3%
ROA
17.0%▼
2023 · 17.0%
Debt
€40k▼
2023 · €41k
Debt ≤ 1 year
€35k▼
2023 · €37k
Income taxes
€52k▲
2023 · €50k
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€592k€712k▲
Fixed assets21/28€283k€279k▼
Tangible fixed assets22/27€18k€14k▼
Plant, machinery and equipment23€1k€940▼
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€12k€11k▼
Financial fixed assets28€265k€265k=
Current assets29/58€309k€434k▲
Current investments50/53-€250k
Cash at bank and in hand54/58€308k€182k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€592k€712k▲
Equity10/15€551k€672k▲
Contributions10/11€25k€25k=
Reserves13€526k€647k▲
Distributable reserves133€526k€647k▲
Amounts payable17/49€41k€40k▼
Amounts payable within one year42/48€37k€35k▼
Trade debts44€334€633▲
Suppliers440/4€334€633▲
Taxes, remuneration and social security45€12k€9k▼
Taxes450/3€12k€9k▼
Other amounts payable47/48€25k€26k▲
Accrued charges and deferred income492/3€4k€5k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€985€955▼
Gross operating margin9900€157k€180k▲
Operating profit (loss)9901€152k€175k▲
Financial income75/76B€7€0▼
Recurring financial income75€7€0▼
Financial charges65/66B€788€1k▲
Recurring financial charges65€788€1k▲
Profit (loss) for the period before taxes9903€151k€173k▲
Income taxes67/77€50k€52k▲
Profit (loss) for the period9904€101k€121k▲
Profit (loss) for the period to be appropriated9905€101k€121k▲
Appropriation of the result
Profit (loss) to be appropriated9906€101k€121k▲
Transfer to equity691/2€101k€121k▲
To other reserves6921€101k€121k▲
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
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 8.28
Current ratio from 2.14 to 8.28; short-term debt falls from €154k to €37k.
31-12
Financial
Equity above €500kEq €551k ▲22.4%
5 profitable years in a row build equity to €551k.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2019net €136k ▲22.4%
Net result €136k, the highest in the series.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity triplescurrent ratio 3.27
Current ratio from 1.13 to 3.27; short-term debt falls from €67k to €40k.
11-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
27-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
12-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Scherpenheuvel-Zichem · 1 establishment unit since 2015
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.
Maasstraat 1073272 Scherpenheuvel-ZichemGround area
1,995 m²
Building footprint
321 m²
Volume, LiDAR
3,342 m³
2 parcels, Flanders · tallest building 18.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Management SIEM
since 20152.242.827.169
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24071B0025/00X002 | Flanders | 1,789 m² | 1 · 164 m² | 9.4 m · 1 fl. |
| 24502B0251/00V000 | Flanders | 206 m² | 1 · 157 m² | 18.9 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 13,361 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-2015
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.