NEXT CHAPTER
ActiveNEXT CHAPTER has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €342k and a net result of €86k. Equity is growing by ~56.2% per year across the filed fiscal years. Its solvency ranks better than 59% of 2252 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
100
/ 100
Excellent▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency96▲+19
Growth78=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.99 against 1.64 in 2024), and 47.8% 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.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.2%
Return on assets
13.1%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
9 d early
2024
8 d early
2023
1 d early
2022
27 d early
2021
31 d late
2020
1 d early
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€342k▲ 33.4%
2024 · €257k
2020: €31k
2021: €72k
2022: €92k
2023: €176k
2024: €257k
2020 → 2025
Total assets
€656k▲ 3.8%
2024 · €632k
2020: €118k
2021: €351k
2022: €421k
2023: €460k
2024: €632k
2020 → 2025
Net result
€86k▲ 6.6%
2024 · €80k
2020: €25k
2021: €41k
2022: €20k
2023: €85k
2024: €80k
2020 → 2025
Working capital
€308k▲ 34.5%
2024 · €229k
2020: €25k
2021: €43k
2022: €65k
2023: €148k
2024: €229k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€92k▲ 27.0%€176k▲ 92.2%€257k▲ 45.6%€342k▲ 33.4%
Operating result€61k-€35k▼ 42.4%€122k▲ 251%€121k▼ 1.1%€121k▼ 0.1%
Net result€41k-€20k▼ 52.7%€85k▲ 334%€80k▼ 4.9%€86k▲ 6.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €656k
Fixed assets
€37k▼ 18.6%
Current assets
€619k▲ 5.5%
Equity and liabilities €656k
Equity
€342k▲ 33.4%
Debt
€313k▼ 16.5%
The debt ratio falls from 59.4% to 47.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€125k▼
2024 · €126k
Cash flow
€90k▲
2024 · €86k
Solvency
52.2%▲
2024 · 40.6%
Current ratio
1.99▲
2024 · 1.64
Quick ratio
1.99▲
2024 · 1.64
Debt / equity
0.91▼
2024 · 1.46
ROE
25.0%▼
2024 · 31.3%
ROA
13.1%▲
2024 · 12.7%
Interest coverage
33.38▼
2024 · 35.67
Debt
€313k▼
2024 · €375k
Debt ≤ 1 year
€311k▼
2024 · €358k
Income taxes
€33k▼
2024 · €38k
Staff costs
€213k▲
2024 · €195k
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€632k€656k▲
Fixed assets21/28€46k€37k▼
Intangible fixed assets21€5k€9k▲
Tangible fixed assets22/27€14k€1k▼
Plant, machinery and equipment23€2k€956▼
Furniture and vehicles24€7k€326▼
Other tangible fixed assets26€5k€0▼
Financial fixed assets28€27k€27k=
Current assets29/58€586k€619k▲
Amounts receivable within one year40/41€524k€464k▼
Trade receivables40€506k€407k▼
Other amounts receivable41€18k€58k▲
Cash at bank and in hand54/58€56k€148k▲
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€632k€656k▲
Equity10/15€257k€342k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€251k€336k▲
Amounts payable17/49€375k€313k▼
Amounts payable within one year42/48€358k€311k▼
Financial debts43€10k€3k▼
Credit institutions430/8€10k€3k▼
Trade debts44€279k€259k▼
Suppliers440/4€279k€259k▼
Taxes, remuneration and social security45€58k€48k▼
Taxes450/3€25k€12k▼
Remuneration and social security454/9€32k€36k▲
Other amounts payable47/48€11k€997▼
Accrued charges and deferred income492/3€17k€2k▼
Income statement
Code20242025
Non-recurring operating income76A€2k€796▼
Remuneration, social security and pensions62€195k€213k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€13k€15k▲
Non-recurring operating charges66A€4k€0▼
Gross operating margin9900€339k€353k▲
Operating profit (loss)9901€121k€121k▼
Financial income75/76B€485€2k▲
Recurring financial income75€485€2k▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€118k€119k▲
Income taxes67/77€38k€33k▼
Profit (loss) for the period9904€80k€86k▲
Profit (loss) for the period to be appropriated9905€80k€86k▲
Appropriation of the result
Profit (loss) to be appropriated9906€251k€336k▲
Profit (loss) brought forward from the previous period14P€170k€251k▲
Social balance
Average headcount (FTE)90874.34.5▲
The notes to these accounts (19 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2020net €86k ▲6.6%
Net result €86k, the highest in the series.
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €200kEq €257k ▲45.6%
5 profitable years in a row build equity to €257k.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150kEq €176k ▲92.2%
4 profitable years in a row build equity to €176k.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €20k ▼52.7%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-07-2022
Resigned as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2019
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.
Koning Albertlaan 1149000 GentGround area
304 m²
Building footprint
290 m²
Volume, LiDAR
2,884 m³
Parcel 44809I0775/00Y004, Flanders · tallest building 16.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NEXT CHAPTER
since 20192.294.615.469
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44809I0775/00Y004 | Flanders | 304 m² | 1 · 290 m² | 16.9 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.
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GRAPHIC COLOR
BE 0464.244.473
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GEOGRAPHICS
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WWDB
BE 0458.192.366
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Of 9,805 companies in sector 73110 we hold annual accounts for 3,723. 2,435 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-07-2019
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
82990Other business support services
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.