PARAFRASE
ActivePARAFRASE has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €121k and a net result of €23k. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 58% of 3481 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+4
Solvency84▲+4
Growth52=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.33 against 2.17 in 2024; short-term debt: 41% and cash: 75.2% of total assets), and 41% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
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
59%
Return on assets
11.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
30 d late
2024
28 d late
2023
29 d late
2022
32 d late
2021
1 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€121k▲ 23.3%
2024 · €98k
2021: €83k
2022: €89k
2023: €84k
2024: €98k
2021 → 2025
Total assets
€205k▲ 14.9%
2024 · €179k
2021: €135k
2022: €154k
2023: €185k
2024: €179k
2021 → 2025
Net result
€23k▲ 61.2%
2024 · €14k
2021: €83k
2022: €6k
2023: €-5k
2024: €14k
2021 → 2025
Working capital
€112k▲ 19.6%
2024 · €94k
2021: €83k
2022: €83k
2023: €78k
2024: €94k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€89k▲ 7.6%€84k▼ 5.7%€98k▲ 16.9%€121k▲ 23.3%
Operating result€115k-€10k▼ 91.7%€-4k€25k€35k▲ 38.9%
Net result€83k-€6k▼ 92.4%€-5k€14k€23k▲ 61.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 39% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €205k
Fixed assets
€9k▲ 106%
Current assets
€196k▲ 12.7%
Equity and liabilities €205k
Equity
€121k▲ 23.3%
Debt
€84k▲ 4.5%
The debt ratio falls from 45.1% to 41.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€36k▲
2024 · €26k
Cash flow
€24k▲
2024 · €16k
Solvency
59.0%▲
2024 · 54.9%
Current ratio
2.33▲
2024 · 2.17
Quick ratio
2.33▲
2024 · 2.17
Debt / equity
0.70▼
2024 · 0.82
ROE
18.9%▲
2024 · 14.5%
ROA
11.2%▲
2024 · 8.0%
Interest coverage
44.14▲
2024 · 7.10
Debt
€84k▲
2024 · €80k
Debt ≤ 1 year
€84k▲
2024 · €80k
Income taxes
€11k▲
2024 · €7k
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€179k€205k▲
Fixed assets21/28€4k€9k▲
Tangible fixed assets22/27€4k€9k▲
Land and buildings22€0-
Furniture and vehicles24€1k€1k▲
Other tangible fixed assets26€3k€7k▲
Current assets29/58€174k€196k▲
Amounts receivable within one year40/41€43k€42k▼
Trade receivables40€43k€39k▼
Other amounts receivable41€0€4k▲
Current investments50/53€0-
Cash at bank and in hand54/58€131k€154k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€179k€205k▲
Equity10/15€98k€121k▲
Contributions10/11€100€100=
Reserves13€98k€121k▲
Distributable reserves133€98k€121k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€80k€84k▲
Amounts payable within one year42/48€80k€84k▲
Trade debts44€4k€581▼
Suppliers440/4€4k€581▼
Taxes, remuneration and social security45€24k€21k▼
Taxes450/3€24k€21k▼
Other amounts payable47/48€53k€63k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€923€2k▲
Gross operating margin9900€27k€38k▲
Operating profit (loss)9901€25k€35k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€4k€821▼
Recurring financial charges65€4k€821▼
Profit (loss) for the period before taxes9903€21k€34k▲
Income taxes67/77€7k€11k▲
Profit (loss) for the period9904€14k€23k▲
Profit (loss) for the period to be appropriated9905€14k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€23k▲
Profit (loss) brought forward from the previous period14P€-5k€0▲
Transfer to equity691/2€9k€23k▲
To other reserves6921€9k€23k▲
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
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
31-12
Financial
Equity above €100kEq €121k ▲23.3%
2 profitable years in a row build equity to €121k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-5k ▼181%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
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, Mortsel · 1 establishment unit since 2021
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.
Kaphaanlei 612640 MortselGround area
394 m²
Building footprint
110 m²
Volume, LiDAR
764 m³
Parcel 11513C0428/00M011, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PARAFRASE
since 20212.317.210.630
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11513C0428/00M011 | Flanders | 394 m² | 1 · 110 m² | 12.6 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.
Similar companies · same sector, comparable size
ABBEEL VERTALINGEN
BE 0894.089.976
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RONCADA VERTAALBUREAU
BE 0798.206.070
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DE CLERCQ SIBYLLE
BE 0471.271.431
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SLEUTELWOORD / MOT - CLE
BE 0500.581.762
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Of 4,530 companies in sector 74301 we hold annual accounts for 719. 590 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2021
Fiscal year end31-12
Activities, NACEBEL
74300Other professional, scientific and technical activities
74301Translation services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.