PARTICLE
ActivePARTICLE is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €34.51M and a net result of €5.27M. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 94% of 5495 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
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 31-12-2025 was due by 31-07-2026 and was filed on 06-05-2026, 86 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
86 d early
2024
28 d early
2023
113 d early
2022
67 d early
2021
37 d early
2020
23 d early
2019
23 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€34.51M▲ 16.3%
2024 · €29.67M
2018: €3.89M
2019: €5.20M
2020: €16.80M
2021: €18.13M
2022: €20.99M
2023: €24.70M
2024: €29.67M
2018 → 2025
Net result
€5.27M▼ 0.3%
2024 · €5.29M
2018: €3.48M
2019: €1.31M
2020: €11.61M
2021: €1.33M
2022: €2.86M
2023: €3.71M
2024: €5.29M
2018 → 2025
Total assets
€35.39M▲ 16.1%
2024 · €30.48M
2018: €9.25M
2019: €7.02M
2020: €17.87M
2021: €18.85M
2022: €21.59M
2023: €25.33M
2024: €30.48M
2018 → 2025
Solvency
97.5%▲ 0.1pp
2024 · 97.4%
2018: 42.0%
2019: 74.0%
2020: 94.0%
2021: 96.2%
2022: 97.2%
2023: 97.5%
2024: 97.4%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18.13M-€20.99M▲ 15.8%€24.70M▲ 17.7%€29.67M▲ 20.1%€34.51M▲ 16.3%
Operating result€1.79M-€1.87M▲ 4.1%€1.93M▲ 3.4%€2.07M▲ 7.3%€1.74M▼ 16.0%
Net result€1.33M-€2.86M▲ 115%€3.71M▲ 29.7%€5.29M▲ 42.7%€5.27M▼ 0.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35.39M
Fixed assets
€17.35M▲ 145%
Current assets
€18.05M▼ 22.9%
Equity and liabilities €35.39M
Equity
€34.51M▲ 16.3%
Debt
€882k▲ 10.2%
The debt ratio falls from 2.6% to 2.5%: equity grows faster than debt.
Key figures and ratios
Solvency
97.5%▲
2024 · 97.4%
ROE
15.3%▼
2024 · 17.8%
ROA
14.9%▼
2024 · 17.4%
Debt
€882k▲
2024 · €801k
Debt ≤ 1 year
€821k▲
2024 · €737k
Income taxes
€403k▼
2024 · €611k
Staff costs
€867k▲
2024 · €717k
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€30.48M€35.39M▲
Fixed assets21/28€7.07M€17.35M▲
Tangible fixed assets22/27€6.02M€7.96M▲
Land and buildings22€5.33M€7.35M▲
Plant, machinery and equipment23€392k€359k▼
Furniture and vehicles24€82k€58k▼
Leasing and similar rights25€218k€188k▼
Financial fixed assets28€1.06M€9.39M▲
Current assets29/58€23.40M€18.05M▼
Amounts receivable after more than one year29€1.98M€300k▼
Other amounts receivable291€1.98M€300k▼
Amounts receivable within one year40/41€914k€548k▼
Trade receivables40€536k€358k▼
Other amounts receivable41€378k€190k▼
Current investments50/53€19.48M€12.38M▼
Cash at bank and in hand54/58€838k€4.70M▲
Deferred charges and accrued income490/1€191k€120k▼
Equity and liabilities
Total equity and liabilities10/49€30.48M€35.39M▲
Equity10/15€29.67M€34.51M▲
Contributions10/11€19k€19k=
Reserves13€29.66M€34.49M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€9.26M€9.68M▲
Distributable reserves133€20.40M€24.81M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€801k€882k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€737k€821k▲
Current portion of amounts payable after more than one year42€33k€0▼
Trade debts44€94k€117k▲
Suppliers440/4€94k€117k▲
Advances received on contracts in progress46€36k€0▼
Taxes, remuneration and social security45€128k€133k▲
Taxes450/3€7k€7k▲
Remuneration and social security454/9€121k€126k▲
Other amounts payable47/48€446k€571k▲
Accrued charges and deferred income492/3€64k€61k▼
Income statement
Code20242025
Remuneration, social security and pensions62€717k€867k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€517k€602k▲
Other operating charges640/8€59k€61k▲
Gross operating margin9900€3.36M€3.27M▼
Operating profit (loss)9901€2.07M€1.74M▼
Financial income75/76B€3.82M€3.94M▲
Recurring financial income75€3.82M€3.94M▲
Financial charges65/66B€-10k€6k▲
Recurring financial charges65€-10k€6k▲
Profit (loss) for the period before taxes9903€5.90M€5.67M▼
Income taxes67/77€611k€403k▼
Profit (loss) for the period9904€5.29M€5.27M▼
Transfer to tax-exempt reserves689-€421k
Profit (loss) for the period to be appropriated9905€5.29M€4.85M▼
Appropriation of the result
Profit (loss) to be appropriated9906€5.29M€4.85M▼
Transfer to equity691/2€4.98M€4.42M▼
To other reserves6921€4.98M€4.42M▼
Profit to be distributed694/7€314k€435k▲
Other beneficiaries697€314k€435k▲
Social balance
Average headcount (FTE)908710.311.0▲
The notes to these accounts (9 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
06-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €25MEq €29.67M ▲20.1%
7 profitable years in a row build equity to €29.67M.
09-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €11.61M ▲786%
Net result €11.61M, the highest in the series.
31-12
Financial
Liquidity times 13current ratio 13.66
Current ratio from 1.03 to 13.66; short-term debt falls from €1.64M to €896k.
31-12
Financial
Equity above €10MEq €16.80M ▲223%
3 profitable years in a row build equity to €16.80M.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €1.31M ▼62.4%
Net result drops to €1.31M, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €5MEq €5.20M ▲33.7%
2 profitable years in a row build equity to €5.20M.
01-07
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
4 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, Brugge · 1 establishment unit since 2018
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.
Kleine Pathoekeweg 13-158000 BruggeGround area
2.0 ha
Building footprint
6,588 m²
Parcel 31810N0249/00Z000, Flanders. Linked by address, not a title deed.
1 establishment unit
PARTICLE
since 20182.278.512.875
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31810N0249/00Z000 | Flanders | 2.0 ha | 1 · 6,588 m² | - |
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.
Recognitions · licences · registrations
Legal Entity Identifier
699400KHK1C5JBXB2V34
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 3,266 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-07-2018
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
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.