OORzaak
ActiveOORzaak has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €279k and a net result of €55k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 90% of 4610 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+10
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 5.17 against 4.89 in 2024; short-term debt: 18.2% and cash: 17.4% of total assets), and 18.5% 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○neutral
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
81.5%
Return on assets
16.1%
Age of the figures
9 mo
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 31-12-2025 was due by 31-07-2026 and was filed on 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
3 d early
2023
6 d late
2022
4 d early
2021
2 d early
2020
31 d late
2019
28 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
€279k▲ 8.6%
2024 · €257k
2018: €122k
2019: €116k
2020: €150k
2021: €201k
2022: €214k
2023: €240k
2024: €257k
2018 → 2025
Total assets
€342k▲ 8.4%
2024 · €316k
2018: €167k
2019: €154k
2020: €216k
2021: €261k
2022: €309k
2023: €286k
2024: €316k
2018 → 2025
Net result
€55k▲ 113%
2024 · €26k
2018: €13k
2019: €-3k
2020: €34k
2021: €51k
2022: €13k
2023: €26k
2024: €26k
2018 → 2025
Working capital
€260k▲ 13.4%
2024 · €229k
2018: €83k
2019: €78k
2020: €102k
2021: €147k
2022: €164k
2023: €196k
2024: €229k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€201k-€214k▲ 6.2%€240k▲ 12.2%€257k▲ 7.0%€279k▲ 8.6%
Operating result€71k-€19k▼ 72.6%€39k▲ 99.3%€37k▼ 5.7%€77k▲ 110%
Net result€51k-€13k▼ 75.4%€26k▲ 108%€26k▼ 0.8%€55k▲ 113%
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 recovers in 2025; 2025 is 110% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €342k
Fixed assets
€20k▼ 27.0%
Current assets
€322k▲ 11.8%
Equity and liabilities €342k
Equity
€279k▲ 8.6%
Debt
€63k▲ 7.5%
The debt ratio falls from 18.7% to 18.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€89k▲
2024 · €55k
Cash flow
€67k▲
2024 · €45k
Solvency
81.5%▲
2024 · 81.3%
Current ratio
5.17▲
2024 · 4.89
Quick ratio
4.88▲
2024 · 4.40
Debt / equity
0.23▼
2024 · 0.23
ROE
19.8%▲
2024 · 10.1%
ROA
16.1%▲
2024 · 8.2%
Interest coverage
221.16▲
2024 · 175.28
Debt
€63k▲
2024 · €59k
Debt ≤ 1 year
€62k▲
2024 · €59k
Income taxes
€24k▲
2024 · €13k
Staff costs
€180
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€316k€342k▲
Fixed assets21/28€28k€20k▼
Tangible fixed assets22/27€28k€20k▼
Land and buildings22€6k€5k▼
Plant, machinery and equipment23€1k€720▼
Furniture and vehicles24€15k€10k▼
Other tangible fixed assets26€5k€4k▼
Current assets29/58€288k€322k▲
Stocks and contracts in progress3€29k€18k▼
Stocks30/36€29k€18k▼
Amounts receivable within one year40/41€77k€92k▲
Trade receivables40€46k€52k▲
Other amounts receivable41€31k€40k▲
Current investments50/53€85k€148k▲
Cash at bank and in hand54/58€81k€60k▼
Deferred charges and accrued income490/1€16k€4k▼
Equity and liabilities
Total equity and liabilities10/49€316k€342k▲
Equity10/15€257k€279k▲
Contributions10/11€80k€80k=
Reserves13€174k€196k▲
Non-distributable reserves130/1€8k€8k=
Other1319€8k€8k=
Distributable reserves133€166k€188k▲
Profit (loss) carried forward14€3k€3k▲
Amounts payable17/49€59k€63k▲
Amounts payable within one year42/48€59k€62k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€45k€9k▼
Suppliers440/4€45k€9k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€14k€20k▲
Taxes450/3€14k€20k▲
Other amounts payable47/48-€33k
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Remuneration, social security and pensions62-€180
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€12k▼
Other operating charges640/8€919€1k▲
Gross operating margin9900€56k€90k▲
Operating profit (loss)9901€37k€77k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€317€400▲
Recurring financial charges65€317€400▲
Profit (loss) for the period before taxes9903€38k€79k▲
Income taxes67/77€13k€24k▲
Profit (loss) for the period9904€26k€55k▲
Profit (loss) for the period to be appropriated9905€26k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€58k▲
Profit (loss) brought forward from the previous period14P€2k€3k▲
Transfer from equity791/2€9k€33k▲
Transfer to equity691/2€25k€55k▲
To other reserves6921€25k€55k▲
Profit to be distributed694/7€9k€33k▲
Return on contributions (dividend)694€9k€33k▲
The notes to these accounts (6 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 · micro schema
2025
31-12
Financial
Highest result since 2018net €55k ▲113%
Operating result €77k, net result €55k, both a record.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €201k ▲33.8%
2 profitable years in a row build equity to €201k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
31-12
Financial
Equity above €150kEq €150k ▲29.1%
Equity rises from €116k to €150k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €-3k ▼122%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
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.
Location & real-estate footprint
Registered office, Erpe-Mere · 1 establishment unit since 2008
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.
Nerenbroekstraat 779420 Erpe-MereGround area
466 m²
Building footprint
193 m²
Volume, LiDAR
980 m³
Parcel 41016D0136/00G000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
OORZAAK
since 20082.168.334.931
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41016D0136/00G000 | Flanders | 466 m² | 1 · 193 m² | 9.8 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 117 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 117 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,006 companies in sector 96999 we hold annual accounts for 602. 367 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2008
Fiscal year end31-12
Activities, NACEBEL
96999Other personal services
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.