P and B
ActiveFor the legal form of P and B, Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €5.10M and a net result of €-87k. Equity is growing by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 39% of 8636 sector peers (fiscal year 2025). The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
32
/ 100
Weak▼ -23 vs 2024
The score weighs solvency, liquidity, profitability and financial development. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▲+1
Solvency65▼-33
Growth52=
Track record100
Credit verdict
Credit up to €160k at 30 days only on tighter terms
Liquidity short (current ratio 0.16 against 2.2 in 2024; short-term debt: 50.6% and cash: 0.5% of total assets), and 59.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-09-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
24 d early
2023
26 d early
2022
14 d early
2021
11 d early
2020
33 d early
2019
17 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.10M▼ 1.7%
2024 · €5.19M
2019: €2.13M
2020: €2.18M
2021: €2.20M
2022: €2.19M
2023: €5.19M
2024: €5.19M
2019 → 2025
Total assets
€12.64M▲ 77.2%
2024 · €7.14M
2019: €2.95M
2020: €2.94M
2021: €2.99M
2022: €2.88M
2023: €7.36M
2024: €7.14M
2019 → 2025
Net result
€-87k▼ 1,519%
2024 · €-5k
2019: €37k
2020: €45k
2021: €19k
2022: €-6k
2023: €3.00M
2024: €-5k
2019 → 2025
Working capital
€-5.40M
2024 · €664k
2019: €100k
2020: €136k
2021: €220k
2022: €192k
2023: €897k
2024: €664k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.20M-€2.19M▼ 0.3%€5.19M▲ 137%€5.19M▼ 0.1%€5.10M▼ 1.7%
Operating result€13k-€54k▲ 313%€-31k€-98k▼ 217%€-46k▲ 53.0%
Net result€19k-€-6k€3.00M€-5k€-87k▼ 1,519%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €46k in 2025 against €98k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.64M
Fixed assets
€11.64M▲ 96.7%
Current assets
€998k▼ 17.9%
Equity and liabilities €12.64M
Equity
€5.10M▼ 1.7%
Debt
€7.54M▲ 287%
The debt ratio rises from 27.3% to 59.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€11k▲
2024 · €-42k
Cash flow
€-29k▼
2024 · €50k
Solvency
40.3%▼
2024 · 72.7%
Current ratio
0.16▼
2024 · 2.20
Quick ratio
0.16▼
2024 · 2.20
Debt / equity
1.48▲
2024 · 0.38
ROE
-1.7%▼
2024 · -0.1%
ROA
-0.7%▼
2024 · -0.1%
Interest coverage
0.22▲
2024 · -0.72
Debt
€7.54M▲
2024 · €1.95M
Debt ≤ 1 year
€6.40M▲
2024 · €551k
Debt > 1 year
€1.13M▼
2024 · €1.38M
Income taxes
€341▲
2024 · €314
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€7.14M€12.64M▲
Fixed assets21/28€5.92M€11.64M▲
Tangible fixed assets22/27€2.13M€2.10M▼
Land and buildings22€2.06M€2.03M▼
Furniture and vehicles24€65k€65k▼
Financial fixed assets28€3.79M€9.55M▲
Current assets29/58€1.22M€998k▼
Amounts receivable after more than one year29€900k€0▼
Other amounts receivable291€900k€0▼
Amounts receivable within one year40/41€314k€184k▼
Trade receivables40€0€54k▲
Other amounts receivable41€314k€130k▼
Current investments50/53-€750k
Cash at bank and in hand54/58€0€60k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€7.14M€12.64M▲
Equity10/15€5.19M€5.10M▼
Contributions10/11€1.01M€1.01M=
Capital10€1.01M€1.01M=
Issued capital100€1.01M€1.01M=
Revaluation surpluses12€617k€617k=
Reserves13€3.56M€3.47M▼
Non-distributable reserves130/1€101k€101k=
Legal reserve130€101k€101k=
Distributable reserves133€3.46M€3.37M▼
Profit (loss) carried forward14€4k€2k▼
Amounts payable17/49€1.95M€7.54M▲
Amounts payable after more than one year17€1.38M€1.13M▼
Financial debts170/4€1.38M€1.13M▼
Amounts payable within one year42/48€551k€6.40M▲
Current portion of amounts payable after more than one year42€268k€251k▼
Financial debts43€12k€0▼
Credit institutions430/8€12k€0▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€712€9k▲
Taxes450/3€712€9k▲
Other amounts payable47/48€268k€6.14M▲
Accrued charges and deferred income492/3€20k€16k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€57k▲
Other operating charges640/8€5k€3k▼
Gross operating margin9900€-37k€14k▲
Operating profit (loss)9901€-98k€-46k▲
Financial income75/76B€151k€12k▼
Recurring financial income75€151k€12k▼
Non-recurring financial income76B€0-
Financial charges65/66B€58k€52k▼
Recurring financial charges65€58k€52k▼
Profit (loss) for the period before taxes9903€-5k€-86k▼
Income taxes67/77€314€341▲
Profit (loss) for the period9904€-5k€-87k▼
Profit (loss) for the period to be appropriated9905€-5k€-87k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-957€-83k▼
Profit (loss) brought forward from the previous period14P€4k€4k▼
Transfer from equity791/2€5k€85k▲
Transfer to equity691/2€0-
To the legal reserve6920€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (15 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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-87k
Net result drops to €-87k, the lowest in the series.
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €3.00M
Net result €3.00M after one loss-making year.
31-03
Financial
Liquidity doublescurrent ratio 2.80
Current ratio from 1.32 to 2.80; short-term debt falls from €597k to €499k.
31-03
Financial
Equity above €5MEq €5.19M ▲137%
Equity rises from €2.19M to €5.19M.
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
14-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, De Haan · 1 establishment unit since 1998
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.
Raffaëllaan 238421 De HaanGround area
789 m²
Building footprint
129 m²
Volume, LiDAR
862 m³
Parcel 35021B0003/00F008, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Raffaëllaan 23, 8421 De Haan
since 19982.089.073.162
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35021B0003/00F008 ProtectedTownscape or village viewDe Haan Concessie: uitbreiding tot hele vroegere ConcessieSource ↗ |
Flanders | 789 m² | 1 · 129 m² | 9.7 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 11,079 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNaamloze vennootschap van publiek recht
Founded11-12-1992
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
70311
68310Real estate agency activities
68311Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.