PLAN B
ActivePLAN B has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €10k. Equity is shrinking by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 74% of 18281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (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
Profitability99▼-1
Solvency88▲+30
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.66 against 0.93 in 2024; short-term debt: 36.9% and cash: 20.8% of total assets), and 36.9% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
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
63.1%
Return on assets
23.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 19-12-2025, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
42 d early
2023
43 d early
2022
63 d early
2021
60 d early
2020
53 d early
2019
67 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 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€26k▲ 61.1%
2024 · €16k
2019: €29k
2020: €27k
2021: €19k
2022: €20k
2023: €-1k
2024: €16k
2019 → 2025
Total assets
€42k▼ 14.7%
2024 · €49k
2019: €55k
2020: €44k
2021: €32k
2022: €32k
2023: €20k
2024: €49k
2019 → 2025
Net result
€10k▼ 42.6%
2024 · €17k
2019: €4k
2020: €-1k
2021: €-9k
2022: €2k
2023: €-6k
2024: €17k
2019 → 2025
Working capital
€10k
2024 · €-2k
2019: €9k
2020: €12k
2021: €7k
2022: €12k
2023: €-2k
2024: €-2k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€19k-€20k▲ 8.5%€-1k€16k€26k▲ 61.1%
Operating result€-9k-€2k€-6k€19k€14k▼ 25.8%
Net result€-9k-€2k€-6k€17k€10k▼ 42.6%
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 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets
€16k▼ 12.9%
Current assets
€26k▼ 15.8%
Equity and liabilities €42k
Equity
€26k▲ 61.1%
Debt
€15k▼ 52.7%
The debt ratio falls from 66.6% to 36.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▼
2024 · €20k
Cash flow
€14k▼
2024 · €19k
Solvency
63.1%▲
2024 · 33.4%
Current ratio
1.66▲
2024 · 0.93
Quick ratio
1.64▲
2024 · 0.92
Debt / equity
0.59▼
2024 · 2.00
ROE
37.9%▼
2024 · 106.4%
ROA
23.9%▼
2024 · 35.5%
Interest coverage
334.48▲
2024 · 324.55
Debt
€15k▼
2024 · €32k
Debt ≤ 1 year
€15k▼
2024 · €32k
Income taxes
€4k▲
2024 · €2k
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€49k€42k▼
Fixed assets21/28€18k€16k▼
Tangible fixed assets22/27€18k€16k▼
Plant, machinery and equipment23€634€319▼
Furniture and vehicles24€18k€14k▼
Other tangible fixed assets26-€2k
Current assets29/58€30k€26k▼
Stocks and contracts in progress3€437€393▼
Stocks30/36€437€393▼
Amounts receivable within one year40/41€10k€16k▲
Trade receivables40€10k€15k▲
Other amounts receivable41€8€1k▲
Cash at bank and in hand54/58€20k€9k▼
Deferred charges and accrued income490/1€215€228▲
Equity and liabilities
Total equity and liabilities10/49€49k€42k▼
Equity10/15€16k€26k▲
Contributions10/11€5k€5k=
Reserves13€11k€21k▲
Distributable reserves133€11k€21k▲
Amounts payable17/49€32k€15k▼
Amounts payable within one year42/48€32k€15k▼
Trade debts44€407€749▲
Suppliers440/4€407€749▲
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€5k€6k▲
Other amounts payable47/48€27k€9k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8€1k€852▼
Gross operating margin9900€21k€19k▼
Operating profit (loss)9901€19k€14k▼
Financial income75/76B€26€32▲
Recurring financial income75€26€32▲
Financial charges65/66B€62€54▼
Recurring financial charges65€62€54▼
Profit (loss) for the period before taxes9903€19k€14k▼
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€17k€10k▼
Profit (loss) for the period to be appropriated9905€17k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€10k▼
Profit (loss) brought forward from the previous period14P€-6k-
Transfer to equity691/2€11k€10k▼
To other reserves6921€11k€10k▼
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
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
2021
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
2020
09-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
12-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
12-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
13-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 2009
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.
Ferdinand Lousbergskaai 509000 GentGround area
510 m²
Building footprint
176 m²
Volume, LiDAR
3,295 m³
Parcel 44804D3610/00S006, Flanders · tallest building 22.7 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Plan B
since 20092.177.005.444
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D3610/00S006 | Flanders | 510 m² | 1 · 176 m² | 22.7 m · 6 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.
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Of 2,407 companies in sector 47241 we hold annual accounts for 1,100. 878 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-03-2009
Fiscal year end30-06
Activities, NACEBEL
47241Retail sale of bread and pastry (bakery outlets)
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0479914820