Patch it
ActiveSummary
Patch it has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €99k and a net result of €2k. Equity is shrinking by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▼-15
Solvency84▲+11
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.61 against 1.3 in 2023; short-term debt: 40.5% and cash: 25% of total assets), and 40.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 · 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 · 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
59.4%
Return on assets
1.1%
Age of the figures
21 mo
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 09-07-2025, 22 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
34 d early
2022
4 d early
2021
9 d early
2020
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€99k▼ 5.4%
2023 · €105k
2020: €159k
2021: €156k
2022: €147k
2023: €105k
2020 → 2024
Total assets
€167k▼ 23.6%
2023 · €219k
2020: €360k
2021: €352k
2022: €312k
2023: €219k
2020 → 2024
Net result
€2k▼ 93.5%
2023 · €29k
2020: €33k
2021: €21k
2022: €14k
2023: €29k
2020 → 2024
Working capital
€41k▲ 20.8%
2023 · €34k
2020: €59k
2021: €36k
2022: €28k
2023: €34k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€159k-€156k▼ 2.0%€147k▼ 5.6%€105k▼ 28.6%€99k▼ 5.4%
Operating result€55k-€41k▼ 26.1%€29k▼ 29.4%€49k▲ 70.7%€11k▼ 77.7%
Net result€33k-€21k▼ 35.4%€14k▼ 34.7%€29k▲ 106%€2k▼ 93.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 78% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €167k
Fixed assets
€59k ▼ 17.8%
Current assets
€109k ▼ 26.4%
Equity and liabilities €167k
Equity
€99k ▼ 5.4%
Debt
€68k ▼ 40.4%
Debt's share of the balance-sheet total falls from 52.0% to 40.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€24k▼
2023 · €68k
Cash flow
€15k▼
2023 · €48k
Current ratio
1.61▲
2023 · 1.30
Debt to equity
0.68▼
2023 · 1.08
ROE
1.9%▼
2023 · 27.4%
ROA
1.1%▼
2023 · 13.2%
Interest coverage
7.91▼
2023 · 14.54
Debt ≤ 1 year
€68k▼
2023 · €114k
Income taxes
€6k▼
2023 · €16k
Staff costs
€101k▼
2023 · €106k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 54 lines
Balance sheet
Code20232024
Assets
Total assets20/58€219k€167k▼
Fixed assets21/28€71k€59k▼
Tangible fixed assets22/27€71k€59k▼
Land and buildings22€0-
Plant, machinery and equipment23€1k€691▼
Furniture and vehicles24€70k€58k▼
Current assets29/58€147k€109k▼
Amounts receivable after more than one year29€20k€20k=
Trade receivables290€0-
Other amounts receivable291€20k€20k=
Amounts receivable within one year40/41€36k€43k▲
Trade receivables40€29k€40k▲
Other amounts receivable41€7k€4k▼
Cash at bank and in hand54/58€86k€42k▼
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€219k€167k▼
Equity10/15€105k€99k▼
Contributions10/11€2k€2k=
Reserves13€103k€97k▼
Distributable reserves133€103k€97k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€114k€68k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€114k€68k▼
Current portion of amounts payable after more than one year42€15k€0▼
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€49k€54k▲
Taxes450/3€24k€29k▲
Remuneration and social security454/9€25k€25k▼
Other amounts payable47/48€45k€12k▼
Accrued charges and deferred income492/3€162€168▲
Income statement
Code20232024
Non-recurring operating income76A€68k€0▼
Remuneration, social security and pensions62€106k€101k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€13k▼
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€124€0▼
Gross operating margin9900€176k€128k▼
Operating profit (loss)9901€49k€11k▼
Financial income75/76B€412€400▼
Recurring financial income75€412€400▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€45k€8k▼
Income taxes67/77€16k€6k▼
Profit (loss) for the period9904€29k€2k▼
Profit (loss) for the period to be appropriated9905€29k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€2k▼
Transfer from equity791/2€71k€6k▼
Transfer to equity691/2€29k€0▼
To other reserves6921€29k€0▼
Profit to be distributed694/7€71k€8k▼
Return on contributions (dividend)694€71k€8k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €2k ▼93.5%
Net result drops to €2k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro 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
6 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, Pajottegem · 1 establishment unit since 2014
Ground area
2,894 m²
Building footprint
251 m²
Volume, LiDAR
1,326 m³
2 parcels, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Gustaaf Van der Steenstraat 2, 1750 Lennik
since 20142.234.617.209
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23024D0304/00A000 | Flanders | 2,331 m² | 1 · 158 m² | 8.1 m · 2 fl. |
| 23072E0146/00P000 | Flanders | 563 m² | 1 · 93 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 · 2 entries · 2,174 EUR awarded · 2,174 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 769 EUR | 769 EUR |
| 2022 | 1 | 1,405 EUR | 1,405 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Schadevergoeding van de overheid
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,391. 15,576 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2014
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
68310Real estate agency activities
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:000000000