OPERATOR
ActiveOPERATOR has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €-3k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 24% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31=
Solvency33▼-2
Growth34▼-14
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.79 against 3.0 in 2024; short-term debt: 35.8% of total assets), but 92% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8%
Return on assets
-2.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-3k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 11282 sector peers (2025).
NBB · sector comparisonPosition among 11282 sector peers
Solvency
better than 24%
← weakest
strongest →
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
9 d early
2023
1 d early
2022
2 d early
2021
7 d early
2020
2 d early
2019
75 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€4k▼ 86.2%
2022 · €29k
2018: €4k
2019: €5k
2020: €4k
2021: €19k
2022: €29k
2018 → 2023
EBIT margin
40.6%▲ 21.3pp
2022 · 19.4%
2018: 83.6%
2019: -36.6%
2020: -4.2%
2021: 15.6%
2022: 19.4%
2018 → 2023
Net result
€-3k▲ 3.5%
2024 · €-4k
2018: €3k
2019: €-3k
2020: €130
2021: €2k
2022: €4k
2023: €1k
2024: €-4k
2018 → 2025
Working capital
€88k▼ 3.7%
2024 · €91k
2018: €91k
2019: €88k
2020: €88k
2021: €90k
2022: €94k
2023: €95k
2024: €91k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€19k-€29k▲ 54.5%€4k▼ 86.2%
Equity€13k-€17k▲ 28.1%€18k▲ 7.9%€14k▼ 19.7%€11k▼ 23.7%
Operating result€3k-€6k▲ 91.2%€2k▼ 71.1%€-3k€-3k▲ 2.0%
Net result€2k-€4k▲ 56.2%€1k▼ 63.8%€-4k€-3k▲ 3.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €3k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €137k
Equity
€11k▼ 23.7%
Debt
€126k▲ 2.8%
The debt ratio rises from 89.5% to 92.0%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
8.0%▼
2024 · 10.5%
Current ratio
2.79▼
2024 · 3.00
Quick ratio
2.79▼
2024 · 3.00
Debt / equity
11.51▲
2024 · 8.54
ROE
-31.1%▼
2024 · -24.6%
ROA
-2.5%▲
2024 · -2.6%
Debt
€126k▲
2024 · €123k
Debt ≤ 1 year
€49k▲
2024 · €46k
Debt > 1 year
€77k=
2024 · €77k
Income taxes
€148▲
2024 · €66
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€137k€137k=
Current assets29/58€137k€137k=
Amounts receivable within one year40/41€137k€137k▲
Trade receivables40€134k€134k=
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€614-
Equity and liabilities
Total equity and liabilities10/49€137k€137k=
Equity10/15€14k€11k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-6k€-9k▼
Amounts payable17/49€123k€126k▲
Amounts payable after more than one year17€77k€77k=
Financial debts170/4€77k€77k=
Amounts payable within one year42/48€46k€49k▲
Trade debts44€43k€44k▲
Suppliers440/4€43k€44k▲
Taxes, remuneration and social security45€466-
Taxes450/3€466-
Other amounts payable47/48€2k€5k▲
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€3k€3k▲
Other operating charges640/8€779-
Gross operating margin9900€-3k€-3k▼
Operating profit (loss)9901€-3k€-3k▲
Financial income75/76B-€24
Recurring financial income75-€24
Financial charges65/66B€137€22▼
Recurring financial charges65€137€22▼
Profit (loss) for the period before taxes9903€-3k€-3k▲
Income taxes67/77€66€148▲
Profit (loss) for the period9904€-4k€-3k▲
Profit (loss) for the period to be appropriated9905€-4k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-9k▼
Profit (loss) brought forward from the previous period14P€-3k€-6k▼
The notes to these accounts (4 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-4k ▼368%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €4k ▲56.2%
Operating result €6k, net result €4k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €130
Net result €130 after one loss-making year.
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 75 days late
08-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 161 days late
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Sint-Jans-Molenbeek · 1 establishment unit since 1994
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.
Edmond Machtenslaan 1721080 Sint-Jans-MolenbeekGround area
2,238 m²
Building footprint
665 m²
Volume, LiDAR
14,915 m³
2 parcels, Brussels · tallest building 32.1 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
OPERATOR
since 19942.067.063.664
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0067/00S000 | Brussels | 2,144 m² | 1 · 502 m² | 32.1 m · 9 fl. |
| 21463D0283/00K041 | Brussels | 94 m² | 1 · 163 m² | 17.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
WALPEAUTRE
BE 0865.866.936
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PLUYMERS
BE 0795.693.968
Waremme · Eq €13k
Carogneveld
BE 0446.185.251
Pajottegem · Eq €13k
HOBBYVAL
BE 0474.408.093
Clavier · Eq €14k
V.J. LARDINOIS
BE 0434.687.880
Awans · Eq €9k
Of 689 companies in sector 46216 we hold annual accounts for 476. 62 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-01-1994
Fiscal year end31-12
Activities, NACEBEL
46216Wholesale of agricultural produce and animal feed, general range
51210
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.