P.S.B.
ActiveP.S.B. has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €42k and a net result of €-10k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 89% of 7428 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
60
/ 100
Healthy▲ +8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency100▲+1
Growth52=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 5.13 against 2.53 in 2023), and 19.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 →
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 2024Solvency, return and age of the figures
Solvency
80.8%
Return on assets
-18.6%
Age of the figures
20 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
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€10k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
35 d early
2022
8 d late
2021
19 d late
2020
60 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€42k▼ 18.7%
2023 · €52k
2018: €32k
2019: €42k
2020: €46k
2021: €56k
2022: €62k
2023: €52k
2018 → 2024
Total assets
€52k▼ 36.2%
2023 · €81k
2018: €59k
2019: €61k
2020: €66k
2021: €95k
2022: €94k
2023: €81k
2018 → 2024
Net result
€-10k▲ 4.0%
2023 · €-10k
2018: €2k
2019: €10k
2020: €4k
2021: €10k
2022: €6k
2023: €-10k
2018 → 2024
Working capital
€41k▼ 7.9%
2023 · €45k
2018: €30k
2019: €42k
2020: €46k
2021: €50k
2022: €55k
2023: €45k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€46k-€56k▲ 22.2%€62k▲ 10.5%€52k▼ 16.3%€42k▼ 18.7%
Operating result€6k-€16k▲ 144%€9k▼ 40.5%€-10k€-10k▲ 2.7%
Net result€4k-€10k▲ 145%€6k▼ 42.3%€-10k€-10k▲ 4.0%
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 stays negative: a loss of €10k in 2024 against €10k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €52k
Fixed assets
€773▼ 89.7%
Current assets
€51k▼ 30.8%
Equity and liabilities €52k
Equity
€42k▼ 18.7%
Debt
€10k▼ 66.5%
The debt ratio falls from 36.6% to 19.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-3k▲
2023 · €-3k
Cash flow
€-3k▲
2023 · €-3k
Solvency
80.8%▲
2023 · 63.4%
Current ratio
5.13▲
2023 · 2.53
Quick ratio
4.29▲
2023 · 2.00
Debt / equity
0.24▼
2023 · 0.58
ROE
-23.0%▼
2023 · -19.5%
ROA
-18.6%▼
2023 · -12.4%
Interest coverage
-19.91▼
2023 · -10.43
Debt
€10k▼
2023 · €30k
Debt ≤ 1 year
€10k▼
2023 · €29k
Staff costs
€74k▲
2023 · €68k
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€81k€52k▼
Fixed assets21/28€7k€773▼
Tangible fixed assets22/27€7k€773▼
Furniture and vehicles24€7k€773▼
Current assets29/58€74k€51k▼
Stocks and contracts in progress3€15k€8k▼
Stocks30/36€15k€8k▼
Amounts receivable within one year40/41€29k€21k▼
Trade receivables40€22k€11k▼
Other amounts receivable41€7k€10k▲
Cash at bank and in hand54/58€24k€15k▼
Deferred charges and accrued income490/1€6k€8k▲
Equity and liabilities
Total equity and liabilities10/49€81k€52k▼
Equity10/15€52k€42k▼
Contributions10/11€7k€7k=
Reserves13€55k€55k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€53k€53k=
Profit (loss) carried forward14€-10k€-20k▼
Amounts payable17/49€30k€10k▼
Amounts payable after more than one year17€571-
Financial debts170/4€571-
Amounts payable within one year42/48€29k€10k▼
Current portion of amounts payable after more than one year42€7k€1k▼
Trade debts44€18k€4k▼
Suppliers440/4€18k€4k▼
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€794€798▲
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€926€926=
Income statement
Code20232024
Remuneration, social security and pensions62€68k€74k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k=
Other operating charges640/8€1k€568▼
Gross operating margin9900€66k€72k▲
Operating profit (loss)9901€-10k€-10k▲
Financial income75/76B€17€9▼
Recurring financial income75€17€9▼
Financial charges65/66B€296€142▼
Recurring financial charges65€296€142▼
Profit (loss) for the period before taxes9903€-10k€-10k▲
Profit (loss) for the period9904€-10k€-10k▲
Profit (loss) for the period to be appropriated9905€-10k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-20k▼
Profit (loss) brought forward from the previous period14P-€-10k
Social balance
Average headcount (FTE)90871.01.0=
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
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity doublescurrent ratio 5.13
Current ratio from 2.53 to 5.13; short-term debt falls from €29k to €10k.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-10k ▼272%
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €10k ▲444%
Net result €10k, the highest in the series.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2025
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.
17-09-2025
Resigned as Director
Not every act has been read: a resignation may be missing here
6 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Heusden-Zolder · 1 establishment unit since 2010
Ground area
1.1 ha
Building footprint
5,161 m²
Volume, LiDAR
49,817 m³
Parcel 71065A0205/00A012, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
P.S.B.
since 20102.190.456.077
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065A0205/00A012 | Flanders | 1.1 ha | 1 · 5,161 m² | 12.3 m · 3 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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Of 19,949 companies in sector 43320 we hold annual accounts for 9,078. 7,176 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded11-06-2010
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.