MOUNTAINS BEYOND MOUNTAINS

Active

Private limited companyfounded 20215 yrs activeSchepenhuisstraat(Rol) 7, 8510 Kortrijk, BelgiumKBO/BCE: BE 0761.741.592

Summary

MOUNTAINS BEYOND MOUNTAINS has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €16k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2025

56 / 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

Profitability100=

Solvency30▼-17

Growth58▼-20

Track record94

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

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

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 31694 sector peers (2025).

NBB · sector comparison

Position among 31694 sector peers

Solvency

better than 13%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

3 d early

2024

51 d early

2023

1 d early

2022

8 d early

2021

6 d early

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close24-09-2026 today31-01-2027 deadline

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

€3k▼ 83.4%

2024 · €15k

2021: €15k 2022: €34k 2023: €35k 2024: €15k

2021 → 2025

Total assets

€51k▼ 23.4%

2024 · €67k

2021: €61k 2022: €69k 2023: €58k 2024: €67k

2021 → 2025

Net result

€16k▼ 40.2%

2024 · €27k

2021: €12k 2022: €19k 2023: €1k 2024: €27k

2021 → 2025

Working capital

€-13k

2024 · €5k

2021: €7k 2022: €25k 2023: €27k 2024: €5k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€15k-€34k▲ 131%€35k▲ 3.5%€15k▼ 57.1%€3k▼ 83.4%

Operating result€15k-€25k▲ 59.0%€2k▼ 90.4%€35k▲ 1,403%€21k▼ 39.9%

Net result€12k-€19k▲ 58.2%€1k▼ 93.8%€27k▲ 2,177%€16k▼ 40.2%

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 40% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €51k

31.4%

68.6%

Fixed assets €16k ▼ 1.1%

Current assets €35k ▼ 30.6%

Equity and liabilities €51k

95.1%

Equity €3k ▼ 83.4%

Debt €49k ▼ 6.0%

Debt's share of the balance-sheet total rises from 77.5% to 95.1%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€30k▼

2024 · €43k

Cash flow

€25k▼

2024 · €35k

Current ratio

0.72▼

2024 · 1.10

Debt to equity

19.46▲

2024 · 3.44

ROE

649.7%▲

2024 · 180.7%

ROA

31.8%▼

2024 · 40.7%

Interest coverage

29.17▼

2024 · 96.13

Debt ≤ 1 year

€48k▲

2024 · €46k

Debt > 1 year

€0▼

2024 · €6k

Income taxes

€5k▼

2024 · €8k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines

Balance sheet Code20242025

Assets

Total assets20/58€67k€51k▼

Fixed assets21/28€16k€16k▼

Tangible fixed assets22/27€16k€16k▼

Plant, machinery and equipment23€2k€1k▼

Furniture and vehicles24€2k€10k▲

Leasing and similar rights25€12k€5k▼

Current assets29/58€51k€35k▼

Amounts receivable after more than one year29€15k€0▼

Other amounts receivable291€15k€0▼

Amounts receivable within one year40/41€14k€26k▲

Trade receivables40€14k€21k▲

Other amounts receivable41€212€5k▲

Cash at bank and in hand54/58€20k€4k▼

Deferred charges and accrued income490/1€2k€6k▲

Equity and liabilities

Total equity and liabilities10/49€67k€51k▼

Equity10/15€15k€3k▼

Contributions10/11€3k€3k=

Reserves13€13k€0▼

Distributable reserves133€13k€0▼

Profit (loss) carried forward14€0€0=

Amounts payable17/49€52k€49k▼

Amounts payable after more than one year17€6k€0▼

Financial debts170/4€6k€0▼

Amounts payable within one year42/48€46k€48k▲

Current portion of amounts payable after more than one year42€7k€6k▼

Financial debts43€100€0▼

Credit institutions430/8€100€0▼

Trade debts44€1k€2k▲

Suppliers440/4€1k€2k▲

Taxes, remuneration and social security45€8k€6k▼

Taxes450/3€8k€4k▼

Remuneration and social security454/9-€2k

Other amounts payable47/48€30k€35k▲

Accrued charges and deferred income492/3-€170

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲

Other operating charges640/8€934€1k▲

Gross operating margin9900€44k€31k▼

Operating profit (loss)9901€35k€21k▼

Financial income75/76B€225€856▲

Recurring financial income75€225€856▲

Financial charges65/66B€449€1k▲

Recurring financial charges65€449€1k▲

Profit (loss) for the period before taxes9903€35k€21k▼

Income taxes67/77€8k€5k▼

Profit (loss) for the period9904€27k€16k▼

Profit (loss) for the period to be appropriated9905€27k€16k▼

Appropriation of the result

Profit (loss) to be appropriated9906€27k€16k▼

Transfer from equity791/2€20k€13k▼

Transfer to equity691/2€0-

To other reserves6921€0-

Profit to be distributed694/7€47k€29k▼

Return on contributions (dividend)694€47k€29k▼

The notes to these accounts (6 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

All 7Financial 2Filings 5

Next filing, fiscal year 2026, expected by 31-01-2027

2026

28-01

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2024

11-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

30-06

Financial Highest result since 2021net €27k ▲2177%

Operating result €35k, net result €27k, both a record.

30-01

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

30-06

Financial Weakest financial yearnet €1k ▼93.8%

Net result drops to €1k, the lowest in the series; recovery starts the following year.

23-01

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

25-01

NBB filing Annual accounts filed

fiscal year 2021 · micro 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, Kortrijk · 1 establishment unit since 2021

establishment The establishment unit 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.

Schepenhuisstraat(Rol) 78510 Kortrijk

Ground area

286 m²

Building footprint

117 m²

Volume, LiDAR

812 m³

Parcel 34033B0321/00R003, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

MOUNTAINS BEYOND MOUNTAINS

Schepenhuisstraat(Rol) 7, 8510 KortrijkFinancial service activities, except insurance and pension funding

since 20212.312.173.162

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34033B0321/00R003	Flanders	286 m²	1 · 117 m²	11.9 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 2 entries · 918 EUR awarded · 512 EUR paid

Year	Entries	awarded	paid
2025	1	813 EUR	407 EUR
2022	1	105 EUR	105 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 918 EUR · 512 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Scherpenheuvel-Zichem · Eq €2,500

Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 9,990 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded18-01-2021

Fiscal year end30-06

Activities, NACEBEL 2025

70200Business and other management consultancy

73110Advertising agencies

74120Graphic design and visual communication

74201Photography, excluding press photography

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.