P2W
ActiveP2W is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (€-8k) and a net result of €-27k. Equity is growing by ~22% per year across the filed fiscal years. Its solvency ranks better than 9% of 7971 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 7971 sector peers (2025).
NBB · sector comparisonPosition among 7971 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-02-2026, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
24 d late
2024
on the day
2023
on the day
2022
on the day
2021
3 d early
2020
2 d late
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-8k
2024 · €405k
2019: €72k
2021: €133k
2022: €165k
2023: €252k
2024: €405k
2019 → 2025
Net result
€-27k
2024 · €153k
2019: €36k
2021: €41k
2022: €33k
2023: €87k
2024: €153k
2019 → 2025
Total assets
€527k▼ 10.4%
2024 · €588k
2019: €123k
2021: €204k
2022: €474k
2023: €618k
2024: €588k
2019 → 2025
Solvency
-1.6%▼ 70.3pp
2024 · 68.8%
2019: 58.2%
2021: 65.0%
2022: 34.9%
2023: 40.8%
2024: 68.8%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€133k-€165k▲ 24.8%€252k▲ 52.4%€405k▲ 60.6%€-8k
Operating result€51k-€43k▼ 15.1%€116k▲ 167%€5k▼ 95.6%€-28k
Net result€41k-€33k▼ 19.5%€87k▲ 164%€153k▲ 76.3%€-27k
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 turns negative in 2025: a loss of €28k after €5k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €527k
Fixed assets
€340k▼ 6.6%
Current assets
€187k▼ 16.7%
Key figures and ratios
Solvency
-1.6%▼
2024 · 68.8%
ROE
327.5%▲
2024 · 37.7%
ROA
-5.1%▼
2024 · 26.0%
Debt
€535k▲
2024 · €184k
Debt ≤ 1 year
€405k▲
2024 · €37k
Debt > 1 year
€130k▼
2024 · €144k
Income taxes
€107▼
2024 · €1k
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€588k€527k▼
Fixed assets21/28€364k€340k▼
Tangible fixed assets22/27€356k€332k▼
Land and buildings22€336k€327k▼
Furniture and vehicles24€20k€5k▼
Financial fixed assets28€8k€8k=
Current assets29/58€224k€187k▼
Amounts receivable within one year40/41€10k€38k▲
Trade receivables40€107€0▼
Other amounts receivable41€9k€38k▲
Current investments50/53€205k€125k▼
Cash at bank and in hand54/58€8k€24k▲
Deferred charges and accrued income490/1€2k€132▼
Equity and liabilities
Total equity and liabilities10/49€588k€527k▼
Equity10/15€405k€-8k▼
Contributions10/11€19k€19k=
Reserves13€2k€0▼
Distributable reserves133€2k€0▼
Profit (loss) carried forward14€384k€-27k▼
Amounts payable17/49€184k€535k▲
Amounts payable after more than one year17€144k€130k▼
Financial debts170/4€144k€130k▼
Amounts payable within one year42/48€37k€405k▲
Current portion of amounts payable after more than one year42€24k€14k▼
Trade debts44€10k€3k▼
Suppliers440/4€10k€3k▼
Taxes, remuneration and social security45€2k€116▼
Taxes450/3€2k€116▼
Other amounts payable47/48-€388k
Accrued charges and deferred income492/3€3k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€24k▲
Other operating charges640/8€741€459▼
Gross operating margin9900€29k€-4k▼
Operating profit (loss)9901€5k€-28k▼
Financial income75/76B€155k€4k▼
Recurring financial income75€155k€4k▼
Financial charges65/66B€6k€2k▼
Recurring financial charges65€6k€2k▼
Profit (loss) for the period before taxes9903€154k€-27k▼
Income taxes67/77€1k€107▼
Profit (loss) for the period9904€153k€-27k▼
Profit (loss) for the period to be appropriated9905€153k€-27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€384k€357k▼
Profit (loss) brought forward from the previous period14P€232k€384k▲
Transfer from equity791/2-€2k
Profit to be distributed694/7-€386k
Return on contributions (dividend)694-€386k
The notes to these accounts (10 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
24-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
30-06
Financial
Weakest financial yearnet €-27k ▼118%
Net result drops to €-27k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €153k ▲76.3%
Net result €153k, the highest in the series.
30-06
Financial
Liquidity quadruplescurrent ratio 6.09
Current ratio from 1.40 to 6.09; short-term debt falls from €194k to €37k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €200kEq €252k ▲52.4%
4 profitable years in a row build equity to €252k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €150kEq €165k ▲24.8%
3 profitable years in a row build equity to €165k.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €100kEq €133k ▲85.3%
2 profitable years in a row build equity to €133k.
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
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, Kruisem · 1 establishment unit since 2017
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.
Waregemsesteenweg(KRU) 1039770 KruisemGround area
1,321 m²
Building footprint
198 m²
Volume, LiDAR
4 m³
Parcel 45017B0730/00L000, Flanders · tallest building 2.6 m. Linked by address, not a title deed.
1 establishment unit
P2W
since 20172.263.623.078
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017B0730/00L000 | Flanders | 1,321 m² | 1 · 198 m² | 2.6 m |
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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PETER SNEL
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Kruisem · Eq €405k
Rokariam
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C.M.W.
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 13,694 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-2017
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 8 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.