N°32
ActiveN°32 has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €33k and a net result of €20k. Equity is growing by ~9% per year across the filed fiscal years. Its solvency ranks better than 24% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+13
Solvency42▲+9
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.34 against 1.68 in 2023; short-term debt: 32.6% and cash: 68.5% of total assets), but 83.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
16.7%
Return on assets
10%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9981 sector peers (2024).
NBB · sector comparisonPosition among 9981 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
14 d late
2023
32 d early
2022
17 d late
2021
30 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€33k▲ 149%
2023 · €13k
2018: €10k
2019: €10k
2020: €23k
2021: €8k
2022: €14k
2023: €13k
2018 → 2024
Total assets
€197k▲ 24.5%
2023 · €158k
2018: €76k
2019: €57k
2020: €227k
2021: €167k
2022: €183k
2023: €158k
2018 → 2024
Net result
€20k
2023 · €-461
2018: €3k
2019: €549
2020: €13k
2021: €-15k
2022: €6k
2023: €-461
2018 → 2024
Working capital
€86k▲ 161%
2023 · €33k
2018: €-26k
2019: €-9k
2020: €49k
2021: €34k
2022: €26k
2023: €33k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€23k-€8k▼ 65.5%€14k▲ 68.7%€13k▼ 3.4%€33k▲ 149%
Operating result€15k-€-15k€8k€5k▼ 40.3%€27k▲ 482%
Net result€13k-€-15k€6k€-461€20k
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 2024; 2024 is 482% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €197k
Fixed assets
€47k▼ 39.0%
Current assets
€150k▲ 84.0%
Equity and liabilities €197k
Equity
€33k▲ 149%
Debt
€164k▲ 13.2%
The debt ratio falls from 91.7% to 83.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€62k▲
2023 · €38k
Cash flow
€55k▲
2023 · €33k
Solvency
16.7%▲
2023 · 8.3%
Current ratio
2.34▲
2023 · 1.68
Quick ratio
2.34▲
2023 · 1.68
Debt / equity
4.99▼
2023 · 10.99
ROE
59.8%▲
2023 · -3.5%
ROA
10.0%▲
2023 · -0.3%
Interest coverage
13.92▲
2023 · 7.58
Debt
€164k▲
2023 · €145k
Debt ≤ 1 year
€64k▲
2023 · €49k
Debt > 1 year
€100k▲
2023 · €97k
Income taxes
€3k▲
2023 · €247
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€158k€197k▲
Fixed assets21/28€77k€47k▼
Tangible fixed assets22/27€77k€47k▼
Land and buildings22€35k€30k▼
Plant, machinery and equipment23€30k€13k▼
Furniture and vehicles24€12k€4k▼
Current assets29/58€82k€150k▲
Amounts receivable within one year40/41€3k€6k▲
Trade receivables40€1k€1k▲
Other amounts receivable41€2k€5k▲
Cash at bank and in hand54/58€63k€135k▲
Deferred charges and accrued income490/1€15k€9k▼
Equity and liabilities
Total equity and liabilities10/49€158k€197k▲
Equity10/15€13k€33k▲
Contributions10/11€6k€6k=
Reserves13€17k€27k▲
Distributable reserves133€17k€27k▲
Profit (loss) carried forward14€-10k€0▲
Amounts payable17/49€145k€164k▲
Amounts payable after more than one year17€97k€100k▲
Financial debts170/4€6k€0▼
Other amounts payable178/9€91k€100k▲
Amounts payable within one year42/48€49k€64k▲
Current portion of amounts payable after more than one year42€10k€6k▼
Trade debts44€4k€4k▼
Suppliers440/4€4k€4k▼
Taxes, remuneration and social security45€460€1k▲
Taxes450/3€460€1k▲
Other amounts payable47/48€34k€53k▲
Income statement
Code20232024
Non-recurring operating income76A-€30k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€35k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€40k€64k▲
Operating profit (loss)9901€5k€27k▲
Financial income75/76B€168€474▲
Recurring financial income75€168€474▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€-214€23k▲
Income taxes67/77€247€3k▲
Profit (loss) for the period9904€-461€20k▲
Profit (loss) for the period to be appropriated9905€-461€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€9k▲
Profit (loss) brought forward from the previous period14P€-10k€-10k▼
Transfer to equity691/2-€9k
To other reserves6921-€9k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Weakest financial yearnet €-15k ▼215%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Liquidity quadruplescurrent ratio 2.23
Current ratio from 0.54 to 2.23.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 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, Nijlen · 1 establishment unit since 2017
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.
Koekoekstraat 322560 NijlenGround area
1,170 m²
Building footprint
183 m²
Volume, LiDAR
947 m³
Parcel 12026D0105/00R003, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Koekoekstraat 32, 2560 Nijlen
since 20172.269.922.635
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12026D0105/00R003 | Flanders | 1,170 m² | 1 · 183 m² | 9.6 m · 2 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
2024 · 1 entry · 663 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 663 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteNijlen2.269.922.635
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,561 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-10-2017
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
10520Manufacture of food products
43422Screed work
43910Bricklaying and masonry work
43990Other specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
47110Non-specialised retail sale with food, beverages or tobacco predominating
47111Retail trade
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.