NAMEBEL
ActiveNAMEBEL has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €272k and a net result of €544k. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 35% of 6592 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
76
/ 100
Excellent▼ -3 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability94▲+1
Solvency35▲+2
Growth53=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 1.26 in 2023), and 79.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
36 d early
2022
12 d early
2021
12 d early
2020
32 d early
2019
21 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€3.93M▲ 1.4%
2023 · €3.88M
2018: €3.42M
2020: €2.64M
2021: €3.42M
2022: €3.72M
2023: €3.88M
2018 → 2024
EBIT margin
17.2%▲ 0.5pp
2023 · 16.7%
2018: 14.3%
2020: 7.4%
2021: 14.4%
2022: 17.3%
2023: 16.7%
2018 → 2024
Net result
€544k▲ 2.6%
2023 · €531k
2018: €385k
2020: €167k
2021: €392k
2022: €509k
2023: €531k
2018 → 2024
Working capital
€284k▲ 6.0%
2023 · €268k
2018: €470k
2020: €54k
2021: €272k
2022: €223k
2023: €268k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.64M-€3.42M▲ 29.8%€3.72M▲ 8.6%€3.88M▲ 4.4%€3.93M▲ 1.4%
Equity€265k-€358k▲ 34.9%€257k▼ 28.2%€278k▲ 8.0%€272k▼ 2.0%
Operating result€196k-€494k▲ 152%€644k▲ 30.5%€648k▲ 0.6%€677k▲ 4.4%
Net result€167k-€392k▲ 135%€509k▲ 29.7%€531k▲ 4.2%€544k▲ 2.6%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 4% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.32M
Fixed assets
€57k▼ 29.1%
Current assets
€1.26M▼ 2.8%
Equity and liabilities €1.32M
Equity
€272k▼ 2.0%
Provisions
€69k▼ 0.1%
Debt
€979k▼ 5.3%
The debt ratio falls from 74.9% to 74.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€703k▲
2023 · €675k
Cash flow
€570k▲
2023 · €557k
Solvency
20.6%▲
2023 · 20.1%
Current ratio
1.29▲
2023 · 1.26
Quick ratio
0.98▲
2023 · 0.98
Debt / equity
3.60▼
2023 · 3.73
ROE
200.2%▲
2023 · 191.2%
ROA
41.2%▲
2023 · 38.4%
Interest coverage
134.92▼
2023 · 136.52
Debt
€979k▼
2023 · €1.03M
Debt ≤ 1 year
€979k▼
2023 · €1.03M
Income taxes
€184k▲
2023 · €167k
Staff costs
€428k▲
2023 · €426k
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€1.38M€1.32M▼
Formation expenses20€0-
Fixed assets21/28€81k€57k▼
Tangible fixed assets22/27€81k€57k▼
Plant, machinery and equipment23€54k€36k▼
Furniture and vehicles24€27k€21k▼
Financial fixed assets28€100€100=
Current assets29/58€1.30M€1.26M▼
Stocks and contracts in progress3€293k€303k▲
Stocks30/36€293k€303k▲
Amounts receivable within one year40/41€98k€69k▼
Trade receivables40€84k€54k▼
Other amounts receivable41€14k€15k▲
Cash at bank and in hand54/58€905k€883k▼
Deferred charges and accrued income490/1€4k€7k▲
Equity and liabilities
Total equity and liabilities10/49€1.38M€1.32M▼
Equity10/15€278k€272k▼
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€198k€194k▼
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€136k€133k▼
Distributable reserves133€54k€54k=
Profit (loss) carried forward14€5k€3k▼
Provisions and deferred taxes16€69k€69k▼
Provisions for liabilities and charges160/5€59k€60k▲
Environmental obligations163€59k€60k▲
Deferred taxes168€10k€9k▼
Amounts payable17/49€1.03M€979k▼
Amounts payable within one year42/48€1.03M€979k▼
Trade debts44€257k€157k▼
Suppliers440/4€257k€157k▼
Advances received on contracts in progress46€61k€65k▲
Taxes, remuneration and social security45€204k€207k▲
Taxes450/3€144k€151k▲
Remuneration and social security454/9€60k€55k▼
Other amounts payable47/48€510k€551k▲
Accrued charges and deferred income492/3€2k€47▼
Income statement
Code20232024
Turnover70€3.88M€3.93M▲
Goods, raw materials, services and sundry goods60/61€2.77M€2.79M▲
Remuneration, social security and pensions62€426k€428k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€26k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-3k€-3k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€5k€1k▼
Other operating charges640/8€23k€24k▲
Gross operating margin9900€1.13M€1.15M▲
Operating profit (loss)9901€648k€677k▲
Financial income75/76B€53k€56k▲
Recurring financial income75€53k€56k▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€696k€728k▲
Transfer from deferred taxes780€1k€1k=
Income taxes67/77€167k€184k▲
Profit (loss) for the period9904€531k€544k▲
Transfer from tax-exempt reserves789€4k€4k=
Profit (loss) for the period to be appropriated9905€534k€548k▲
Appropriation of the result
Profit (loss) to be appropriated9906€535k€553k▲
Profit (loss) brought forward from the previous period14P€245€5k▲
Transfer to equity691/2€20k-
To other reserves6921€20k-
Profit to be distributed694/7€510k€550k▲
Return on contributions (dividend)694€510k€550k▲
Social balance
Average headcount (FTE)908710.510.9▲
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
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €544k ▲2.6%
Operating result €677k, net result €544k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €167k ▼56.7%
Net result drops to €167k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 21 days late
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Thimister-Clermont · 1 establishment unit since 2001
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 Waides 104890 Thimister-ClermontGround area
9,997 m²
Building footprint
2,631 m²
Volume, LiDAR
17,570 m³
Parcel 63077C0487/00D000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ESPACE MODE
since 20012.098.050.117
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63077C0487/00D000 | Wallonia | 9,997 m² | 1 · 2,631 m² | 7.4 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.
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Of 6,459 companies in sector 47716 we hold annual accounts for 2,420. 1,672 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-04-2001
Fiscal year end31-12
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
52421
Sources
Crossroads Bank for EnterprisesNational Bank · 23 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.