N3 GROUP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €486k and a net result of €36k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 53% of 487 sector peers (fiscal year 2025). The company has been active since 2021 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
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
1 d early
2023
121 d late
2022
30 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€486k▲ 6.4%
2024 · €457k
2022: €419k
2023: €438k
2024: €457k
2022 → 2025
Net result
€36k▲ 38.1%
2024 · €26k
2022: €358k
2023: €19k
2024: €26k
2022 → 2025
Total assets
€1.08M▼ 10.4%
2024 · €1.20M
2022: €1.50M
2023: €1.25M
2024: €1.20M
2022 → 2025
Solvency
45.1%▲ 7.1pp
2024 · 38.0%
2022: 28.0%
2023: 34.9%
2024: 38.0%
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€735k
Equity€419k-€438k▲ 4.6%€457k▲ 4.4%€486k▲ 6.4%
Operating result€415k-€29k▼ 93.0%€44k▲ 51.8%€59k▲ 33.0%
Net result€358k-€19k▼ 94.6%€26k▲ 35.8%€36k▲ 38.1%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 33% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.08M
Fixed assets
€876k▼ 11.9%
Current assets
€201k▼ 3.2%
Equity and liabilities €1.08M
Equity
€486k▲ 6.4%
Debt
€591k▼ 20.7%
The debt ratio falls from 62.0% to 54.9%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
45.1%▲
2024 · 38.0%
ROE
7.4%▲
2024 · 5.7%
ROA
3.4%▲
2024 · 2.2%
Debt
€591k▼
2024 · €745k
Debt ≤ 1 year
€180k▲
2024 · €147k
Debt > 1 year
€411k▼
2024 · €598k
Income taxes
€11k▲
2024 · €9k
Staff costs
€196k▲
2024 · €189k
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€1.20M€1.08M▼
Fixed assets21/28€994k€876k▼
Intangible fixed assets21€676k€576k▼
Tangible fixed assets22/27€318k€300k▼
Land and buildings22€310k€294k▼
Furniture and vehicles24€8k€6k▼
Current assets29/58€208k€201k▼
Amounts receivable within one year40/41€151k€173k▲
Trade receivables40€127k€159k▲
Other amounts receivable41€24k€14k▼
Cash at bank and in hand54/58€53k€25k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.20M€1.08M▼
Equity10/15€457k€486k▲
Contributions10/11€400k€400k=
Capital10€400k€400k=
Issued capital100€400k€400k=
Reserves13€57k€86k▲
Non-distributable reserves130/1€20k€22k▲
Legal reserve130€20k€22k▲
Distributable reserves133€37k€64k▲
Amounts payable17/49€745k€591k▼
Amounts payable after more than one year17€598k€411k▼
Financial debts170/4€334k€411k▲
Other amounts payable178/9€264k-
Amounts payable within one year42/48€147k€180k▲
Current portion of amounts payable after more than one year42€75k€93k▲
Financial debts43€13k€31k▲
Credit institutions430/8€13k€31k▲
Trade debts44€28k€24k▼
Suppliers440/4€28k€24k▼
Taxes, remuneration and social security45€24k€25k▲
Taxes450/3-€2k
Remuneration and social security454/9€24k€24k▼
Other amounts payable47/48€7k€7k=
Income statement
Code20242025
Remuneration, social security and pensions62€189k€196k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€120k€120k▲
Other operating charges640/8€9k€9k▲
Gross operating margin9900€362k€384k▲
Operating profit (loss)9901€44k€59k▲
Financial income75/76B-€11
Recurring financial income75-€11
Financial charges65/66B€9k€11k▲
Recurring financial charges65€9k€11k▲
Profit (loss) for the period before taxes9903€35k€48k▲
Income taxes67/77€9k€11k▲
Profit (loss) for the period9904€26k€36k▲
Profit (loss) for the period to be appropriated9905€26k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€36k▲
Transfer to equity691/2€19k€29k▲
To the legal reserve6920€1k€2k▲
To other reserves6921€18k€27k▲
Profit to be distributed694/7€7k€7k=
Directors or managers695€7k€7k=
Social balance
Average headcount (FTE)90873.63.4▼
The notes to these accounts (10 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 121 days late
2023
31-12
Financial
Weakest financial yearnet €19k ▼94.6%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 1.27
Current ratio from 0.57 to 1.27; short-term debt falls from €473k to €117k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full 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, Fléron · 1 establishment unit since 2021
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 Bureau 34621 FléronGround area
1,936 m²
Building footprint
192 m²
Volume, LiDAR
1,586 m³
Parcel 62038A0383/00B004, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
N3 GROUP
since 20212.314.524.918
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62038A0383/00B004 | Wallonia | 1,936 m² | 1 · 192 m² | 10.7 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.
Similar companies · same sector, comparable size
Bank- en verzekeringsagent Regio Dender-Schelde
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BART MOEYENS
BE 0682.871.981
Wijnegem · Eq €486k
STEPHANE FLAMENT
BE 0502.289.457
Herve · Eq €488k
BOVERBA
BE 0465.728.474
Heist-op-den-Berg · Eq €488k
Gert Van Driessche
BE 0822.413.015
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Of 1,680 companies in sector 66191 we hold annual accounts for 1,229. 1,017 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-03-2021
Fiscal year end31-12
Activities, NACEBEL
66191Agents and brokers in banking services
66220Insurance agents and brokers
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.