NOTABENE
ActiveNOTABENE has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €551k and a net result of €110k. Equity is growing by ~24.3% per year across the filed fiscal years. Its solvency ranks better than 23% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
68
/ 100
Healthy▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability99▼-1
Solvency35▲+6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 1.23 in 2023), and 76.2% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 37971 sector peers (2024).
NBB · sector comparisonPosition among 37971 sector peers
Solvency
better than 23%
← 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 08-10-2025, 69 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
53 d late
2022
31 d late
2021
31 d late
2020
9 d early
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€551k▲ 24.8%
2023 · €442k
2018: €433k
2019: €185k
2020: €167k
2021: €255k
2022: €331k
2023: €442k
2018 → 2024
Total assets
€2.31M▼ 0.3%
2023 · €2.32M
2018: €1.09M
2019: €860k
2020: €2.35M
2021: €2.33M
2022: €2.31M
2023: €2.32M
2018 → 2024
Net result
€110k▼ 0.8%
2023 · €110k
2018: €98k
2019: €122k
2020: €-18k
2021: €88k
2022: €76k
2023: €110k
2018 → 2024
Working capital
€7k▼ 88.2%
2023 · €63k
2018: €314k
2019: €137k
2020: €82k
2021: €77k
2022: €48k
2023: €63k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€167k-€255k▲ 52.8%€331k▲ 29.7%€442k▲ 33.3%€551k▲ 24.8%
Operating result€-8k-€160k€133k▼ 17.1%€194k▲ 46.7%€194k▼ 0.1%
Net result€-18k-€88k€76k▼ 13.9%€110k▲ 45.4%€110k▼ 0.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 0% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.31M
Fixed assets
€2.04M▲ 2.8%
Current assets
€278k▼ 18.4%
Equity and liabilities €2.31M
Equity
€551k▲ 24.8%
Debt
€1.76M▼ 6.2%
The debt ratio falls from 81.0% to 76.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€249k▲
2023 · €244k
Cash flow
€165k▲
2023 · €160k
Solvency
23.8%▲
2023 · 19.0%
Current ratio
1.03▼
2023 · 1.23
Quick ratio
1.03▼
2023 · 1.23
Debt / equity
3.20▼
2023 · 4.25
ROE
19.9%▼
2023 · 25.0%
ROA
4.7%▼
2023 · 4.8%
Interest coverage
6.39▲
2023 · 6.08
Debt
€1.76M▼
2023 · €1.88M
Debt ≤ 1 year
€270k▼
2023 · €278k
Debt > 1 year
€1.49M▼
2023 · €1.60M
Income taxes
€57k▲
2023 · €52k
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€2.32M€2.31M▼
Fixed assets21/28€1.98M€2.04M▲
Tangible fixed assets22/27€1.98M€2.04M▲
Land and buildings22€1.96M€2.02M▲
Furniture and vehicles24€16k€21k▲
Current assets29/58€341k€278k▼
Amounts receivable after more than one year29€113k€100k▼
Other amounts receivable291€113k€100k▼
Amounts receivable within one year40/41€212k€162k▼
Trade receivables40€80k€28k▼
Other amounts receivable41€133k€134k▲
Cash at bank and in hand54/58€7k€6k▼
Deferred charges and accrued income490/1€8k€10k▲
Equity and liabilities
Total equity and liabilities10/49€2.32M€2.31M▼
Equity10/15€442k€551k▲
Contributions10/11€19k€19k=
Revaluation surpluses12€50k€50k=
Reserves13€373k€483k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€371k€481k▲
Amounts payable17/49€1.88M€1.76M▼
Amounts payable after more than one year17€1.60M€1.49M▼
Financial debts170/4€1.60M€1.49M▼
Amounts payable within one year42/48€278k€270k▼
Current portion of amounts payable after more than one year42€140k€115k▼
Financial debts43€3k€2k▼
Credit institutions430/8€3k€2k▼
Trade debts44€29k€17k▼
Suppliers440/4€29k€17k▼
Taxes, remuneration and social security45€106k€136k▲
Taxes450/3€106k€136k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€55k▲
Other operating charges640/8€9k€12k▲
Gross operating margin9900€253k€261k▲
Operating profit (loss)9901€194k€194k▼
Financial income75/76B€8k€12k▲
Recurring financial income75€8k€12k▲
Financial charges65/66B€40k€39k▼
Recurring financial charges65€40k€39k▼
Profit (loss) for the period before taxes9903€162k€167k▲
Income taxes67/77€52k€57k▲
Profit (loss) for the period9904€110k€110k▼
Profit (loss) for the period to be appropriated9905€110k€110k▼
Appropriation of the result
Profit (loss) to be appropriated9906€110k€110k▼
Transfer to equity691/2€110k€110k▼
To other reserves6921€110k€110k▼
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
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-12
Financial
Equity above €500kEq €551k ▲24.8%
4 profitable years in a row build equity to €551k.
22-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 53 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €88k
Net result €88k after one loss-making year.
31-12
Financial
Equity above €200kEq €255k ▲52.8%
Equity rises from €167k to €255k.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-18k ▼115%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Highest result since 2018net €122k ▲23.9%
Net result €122k, the highest in the series.
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 48 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 53 days late
2016
27-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 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, Mortsel · 1 establishment unit since 1996
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.
Nieuwelei 562640 MortselGround area
1,317 m²
Building footprint
201 m²
Volume, LiDAR
1,426 m³
Parcel 11513C0475/00N006, Flanders · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NOTABENE
since 19962.075.480.690
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11513C0475/00N006 | Flanders | 1,317 m² | 1 · 201 m² | 12.7 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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HENACH
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MARTCO
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WEISS
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AMJ Business Partners
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EXPLAIN
BE 0668.895.766
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 33,766 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-1996
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.