P52
ActiveP52 has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109k and a net result of €90k. Equity is growing by ~33.5% per year across the filed fiscal years. Its solvency ranks better than 46% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency81▲+20
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 17.6 against 2.64 in 2024; short-term debt: 5.5% and cash: 68.9% of total assets), and 44.5% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
55.5%
Return on assets
46.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
30 d early
2024
30 d early
2023
30 d early
2022
on the day
2021
30 d early
2020
30 d early
2019
30 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€109k▲ 67.7%
2024 · €65k
2019: €77k
2020: €131k
2021: €188k
2022: €249k
2023: €314k
2024: €65k
2019 → 2025
Total assets
€196k▲ 9.1%
2024 · €180k
2019: €199k
2020: €224k
2021: €281k
2022: €324k
2023: €376k
2024: €180k
2019 → 2025
Net result
€90k▲ 18.9%
2024 · €76k
2019: €89k
2020: €55k
2021: €58k
2022: €61k
2023: €65k
2024: €76k
2019 → 2025
Working capital
€178k▲ 81.5%
2024 · €98k
2019: €105k
2020: €180k
2021: €199k
2022: €275k
2023: €334k
2024: €98k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€188k-€249k▲ 32.3%€314k▲ 26.3%€65k▼ 79.3%€109k▲ 67.7%
Operating result€75k-€81k▲ 8.0%€86k▲ 5.6%€100k▲ 16.3%€119k▲ 19.6%
Net result€58k-€61k▲ 6.6%€65k▲ 6.4%€76k▲ 16.2%€90k▲ 18.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €196k
Fixed assets
€8k▼ 65.5%
Current assets
€189k▲ 19.5%
Equity and liabilities €196k
Equity
€109k▲ 67.7%
Debt
€87k▼ 24.1%
The debt ratio falls from 63.9% to 44.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€134k▲
2024 · €115k
Cash flow
€105k▲
2024 · €91k
Solvency
55.5%▲
2024 · 36.1%
Current ratio
17.60▲
2024 · 2.64
Quick ratio
17.60▲
2024 · 2.64
Debt / equity
0.80▼
2024 · 1.77
ROE
82.9%▼
2024 · 117.0%
ROA
46.1%▲
2024 · 42.3%
Interest coverage
32.80▲
2024 · 27.75
Debt
€87k▼
2024 · €115k
Debt ≤ 1 year
€11k▼
2024 · €60k
Debt > 1 year
€77k▲
2024 · €55k
Income taxes
€25k▲
2024 · €20k
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€180k€196k▲
Fixed assets21/28€22k€8k▼
Tangible fixed assets22/27€22k€8k▼
Plant, machinery and equipment23€7k€4k▼
Furniture and vehicles24€15k€3k▼
Current assets29/58€158k€189k▲
Amounts receivable within one year40/41€18k€53k▲
Trade receivables40€18k€18k▲
Other amounts receivable41€96€35k▲
Cash at bank and in hand54/58€140k€135k▼
Equity and liabilities
Total equity and liabilities10/49€180k€196k▲
Equity10/15€65k€109k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€46k€90k▲
Amounts payable17/49€115k€87k▼
Amounts payable after more than one year17€55k€77k▲
Financial debts170/4€55k€77k▲
Amounts payable within one year42/48€60k€11k▼
Financial debts43€863€325▼
Credit institutions430/8€863€325▼
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Taxes, remuneration and social security45€55k€6k▼
Taxes450/3€55k€6k▼
Other amounts payable47/48-€87
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Other operating charges640/8€589€597▲
Gross operating margin9900€116k€134k▲
Operating profit (loss)9901€100k€119k▲
Financial income75/76B€898-
Recurring financial income75€898-
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€97k€115k▲
Income taxes67/77€20k€25k▲
Profit (loss) for the period9904€76k€90k▲
Profit (loss) for the period to be appropriated9905€76k€90k▲
Appropriation of the result
Profit (loss) to be appropriated9906€372k€137k▼
Profit (loss) brought forward from the previous period14P€296k€46k▼
Profit to be distributed694/7€325k€46k▼
Return on contributions (dividend)694€325k€46k▼
The notes to these accounts (7 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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2019net €90k ▲18.9%
Net result €90k, the highest in the series.
30-09
Financial
Liquidity times 7current ratio 17.60
Current ratio from 2.64 to 17.60; short-term debt falls from €60k to €11k.
30-09
Financial
Equity above €100kEq €109k ▲67.7%
7 profitable years in a row build equity to €109k.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Liquidity times 6current ratio 56.04
Current ratio from 9.64 to 56.04; short-term debt falls from €23k to €5k.
30-09
Financial
Equity above €200kEq €249k ▲32.3%
4 profitable years in a row build equity to €249k.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Equity above €150kEq €188k ▲43.3%
3 profitable years in a row build equity to €188k.
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €55k ▼38.3%
Net result drops to €55k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity triplescurrent ratio 8.89
Current ratio from 2.57 to 8.89; short-term debt falls from €67k to €23k.
30-09
Financial
Equity above €100kEq €131k ▲69.8%
2 profitable years in a row build equity to €131k.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro 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, Gent · 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.
Paviljoenweg 529040 GentGround area
431 m²
Building footprint
137 m²
Volume, LiDAR
784 m³
Parcel 44061B0307/00C002, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
P52
since 20172.268.774.471
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44061B0307/00C002 | Flanders | 431 m² | 1 · 137 m² | 10.7 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 496 EUR awarded · 269 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 227 EUR | 0 EUR |
| 2024 | 1 | 180 EUR | 180 EUR |
| 2022 | 1 | 89 EUR | 89 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
699400PF2UX1QP7KAK64
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,394. 15,553 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2017
Fiscal year end30-09
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.