NIL
ActiveNIL has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €165k and a net result of €34k. Equity is growing by ~21.3% per year across the filed fiscal years. Its solvency ranks better than 44% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+14
Solvency66▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 1.72 in 2024; short-term debt: 45.8% and cash: 2.8% of total assets), but 58.6% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
41.4%
Return on assets
8.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
34 d late
2023
16 d early
2022
58 d late
2021
29 d late
2020
76 d late
2019
98 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€165k▲ 15.7%
2024 · €143k
2019: €53k
2020: €66k
2021: €70k
2022: €97k
2023: €116k
2024: €143k
2019 → 2025
Total assets
€399k▼ 31.6%
2024 · €584k
2019: €195k
2020: €315k
2021: €710k
2022: €846k
2023: €690k
2024: €584k
2019 → 2025
Net result
€34k▲ 29.0%
2024 · €26k
2019: €14k
2020: €13k
2021: €4k
2022: €29k
2023: €19k
2024: €26k
2019 → 2025
Working capital
€194k▲ 45.0%
2024 · €134k
2019: €37k
2020: €57k
2021: €208k
2022: €535k
2023: €121k
2024: €134k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€70k-€97k▲ 39.6%€116k▲ 19.8%€143k▲ 22.8%€165k▲ 15.7%
Operating result€15k-€52k▲ 250%€42k▼ 18.9%€54k▲ 28.4%€62k▲ 14.8%
Net result€4k-€29k▲ 683%€19k▼ 33.3%€26k▲ 37.7%€34k▲ 29.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 15% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €399k
Fixed assets
€22k▼ 91.6%
Current assets
€377k▲ 18.1%
Equity and liabilities €399k
Equity
€165k▲ 15.7%
Debt
€234k▼ 47.0%
The debt ratio falls from 75.5% to 58.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€70k▲
2024 · €62k
Cash flow
€41k▲
2024 · €34k
Solvency
41.4%▲
2024 · 24.5%
Current ratio
2.06▲
2024 · 1.72
Quick ratio
1.93▲
2024 · 1.53
Debt / equity
1.41▼
2024 · 3.08
ROE
20.7%▲
2024 · 18.5%
ROA
8.6%▲
2024 · 4.5%
Interest coverage
8.87▲
2024 · 4.89
Debt
€234k▼
2024 · €441k
Debt ≤ 1 year
€183k▼
2024 · €185k
Debt > 1 year
€51k▼
2024 · €256k
Income taxes
€20k▲
2024 · €15k
Staff costs
€72k▲
2024 · €70k
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€584k€399k▼
Fixed assets21/28€265k€22k▼
Intangible fixed assets21€662-
Tangible fixed assets22/27€263k€21k▼
Land and buildings22€254k-
Plant, machinery and equipment23€1k€3k▲
Furniture and vehicles24€7k€18k▲
Financial fixed assets28€2k€2k=
Current assets29/58€319k€377k▲
Stocks and contracts in progress3€36k€24k▼
Stocks30/36€36k€24k▼
Amounts receivable within one year40/41€273k€304k▲
Trade receivables40€220k€238k▲
Other amounts receivable41€54k€66k▲
Current investments50/53€149€38k▲
Cash at bank and in hand54/58€9k€11k▲
Equity and liabilities
Total equity and liabilities10/49€584k€399k▼
Equity10/15€143k€165k▲
Contributions10/11€1k€1k=
Reserves13€40k€74k▲
Non-distributable reserves130/1€120€120=
Reserves not available under the articles1311€120€120=
Distributable reserves133€40k€74k▲
Profit (loss) carried forward14€102k€90k▼
Amounts payable17/49€441k€234k▼
Amounts payable after more than one year17€256k€51k▼
Financial debts170/4€256k€51k▼
Amounts payable within one year42/48€185k€183k▼
Current portion of amounts payable after more than one year42€42k€25k▼
Trade debts44€88k€99k▲
Suppliers440/4€88k€99k▲
Advances received on contracts in progress46€8k€8k=
Taxes, remuneration and social security45€15k€18k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9€12k€15k▲
Other amounts payable47/48€33k€32k▼
Income statement
Code20242025
Non-recurring operating income76A-€93k
Remuneration, social security and pensions62€70k€72k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€135k€146k▲
Operating profit (loss)9901€54k€62k▲
Financial income75/76B€47€1▼
Recurring financial income75€47€1▼
Financial charges65/66B€13k€8k▼
Recurring financial charges65€13k€8k▼
Profit (loss) for the period before taxes9903€42k€55k▲
Income taxes67/77€15k€20k▲
Profit (loss) for the period9904€26k€34k▲
Profit (loss) for the period to be appropriated9905€26k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€129k€136k▲
Profit (loss) brought forward from the previous period14P€102k€102k=
Transfer to equity691/2€26k€34k▲
To other reserves6921€26k€34k▲
Profit to be distributed694/7-€12k
Return on contributions (dividend)694-€12k
The notes to these accounts (12 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Highest result since 2019net €34k ▲29%
Operating result €62k, net result €34k, both a record.
31-12
Financial
Equity above €150kEq €165k ▲15.7%
7 profitable years in a row build equity to €165k.
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 34 days late
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €116k ▲19.8%
5 profitable years in a row build equity to €116k.
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €4k ▼71.8%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
15-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 76 days late
2020
06-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Aalst · 1 establishment unit since 2016
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.
Groenstraat 2439300 AalstGround area
1,346 m²
Building footprint
156 m²
Volume, LiDAR
977 m³
Parcel 41303E0106/00G002, Flanders · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NIL
since 20162.257.637.683
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41303E0106/00G002 | Flanders | 1,346 m² | 1 · 156 m² | 11.8 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.
Similar companies · same sector, comparable size
Trappenmakerij Wim Van Loon
BE 0598.754.373
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DECLERCK JELLE
BE 0870.961.515
Kortemark · Eq €165k
PRIMEWOOD
BE 0893.377.720
Malle · Eq €165k
SCHRIJN-EN TIMMERWERKEN JOS MARTENS
BE 0471.629.638
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Desano
BE 0658.873.983
Stabroek · Eq €165k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,567 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2016
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
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.