PLUSPOSITION
ActivePLUSPOSITION has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €50k and a net result of €-5k. Equity is shrinking by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 17% of 8967 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability39▼-3
Solvency34▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.34 against 0.44 in 2023; short-term debt: 19% and cash: 1.6% of total assets), and 91% 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
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
9%
Return on assets
-0.9%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-5k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 8967 sector peers (2024).
NBB · sector comparisonPosition among 8967 sector peers
Solvency
better than 17%
← weakest
strongest →
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 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
34 d early
2022
32 d early
2021
59 d early
2020
4 d early
2019
57 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€50k▼ 8.7%
2023 · €55k
2018: €160k
2019: €160k
2020: €101k
2021: €74k
2022: €61k
2023: €55k
2018 → 2024
Total assets
€558k▼ 3.2%
2023 · €577k
2018: €504k
2019: €514k
2020: €704k
2021: €656k
2022: €601k
2023: €577k
2018 → 2024
Net result
€-5k▲ 17.2%
2023 · €-6k
2018: €7k
2019: €705
2020: €-59k
2021: €-27k
2022: €-13k
2023: €-6k
2018 → 2024
Working capital
€-70k▼ 43.9%
2023 · €-49k
2018: €62k
2019: €61k
2020: €31k
2021: €-18k
2022: €-38k
2023: €-49k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€101k-€74k▼ 26.5%€61k▼ 18.0%€55k▼ 9.5%€50k▼ 8.7%
Operating result€-48k-€-13k▲ 72.2%€-1k▲ 89.4%€7k€9k▲ 34.9%
Net result€-59k-€-27k▲ 55.2%€-13k▲ 50.0%€-6k▲ 56.7%€-5k▲ 17.2%
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; 2024 is 35% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €558k
Fixed assets
€522k▼ 3.0%
Current assets
€36k▼ 5.6%
Equity and liabilities €558k
Equity
€50k▼ 8.7%
Debt
€508k▼ 2.6%
The debt ratio rises from 90.5% to 91.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€35k▼
2023 · €36k
Cash flow
€21k▼
2023 · €24k
Solvency
9.0%▼
2023 · 9.5%
Current ratio
0.34▼
2023 · 0.44
Quick ratio
0.34▼
2023 · 0.44
Debt / equity
10.13▲
2023 · 9.50
ROE
-9.5%▲
2023 · -10.5%
ROA
-0.9%▲
2023 · -1.0%
Interest coverage
2.51▼
2023 · 2.89
Debt
€508k▼
2023 · €522k
Debt ≤ 1 year
€106k▲
2023 · €87k
Debt > 1 year
€396k▼
2023 · €431k
Income taxes
€555▲
2023 · €330
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€577k€558k▼
Fixed assets21/28€538k€522k▼
Tangible fixed assets22/27€538k€513k▼
Land and buildings22€538k€513k▼
Furniture and vehicles24€771€0▼
Financial fixed assets28-€9k
Current assets29/58€38k€36k▼
Amounts receivable within one year40/41€8k€3k▼
Trade receivables40€8k€3k▼
Current investments50/53€22k€23k▲
Cash at bank and in hand54/58€7k€9k▲
Deferred charges and accrued income490/1€507€2k▲
Equity and liabilities
Total equity and liabilities10/49€577k€558k▼
Equity10/15€55k€50k▼
Contributions10/11€50k€50k=
Reserves13€104k€104k=
Distributable reserves133€104k€104k=
Profit (loss) carried forward14€-99k€-104k▼
Amounts payable17/49€522k€508k▼
Amounts payable after more than one year17€431k€396k▼
Financial debts170/4€431k€396k▼
Amounts payable within one year42/48€87k€106k▲
Current portion of amounts payable after more than one year42€35k€35k▼
Trade debts44€20k€34k▲
Suppliers440/4€20k€34k▲
Taxes, remuneration and social security45€5k€7k▲
Taxes450/3€2k€5k▲
Remuneration and social security454/9€3k€2k▼
Other amounts payable47/48€27k€30k▲
Accrued charges and deferred income492/3€4k€6k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€25k▼
Other operating charges640/8€3k€5k▲
Gross operating margin9900€39k€40k▲
Operating profit (loss)9901€7k€9k▲
Financial income75/76B€263€297▲
Recurring financial income75€263€297▲
Financial charges65/66B€13k€14k▲
Recurring financial charges65€13k€14k▲
Profit (loss) for the period before taxes9903€-5k€-4k▲
Income taxes67/77€330€555▲
Profit (loss) for the period9904€-6k€-5k▲
Profit (loss) for the period to be appropriated9905€-6k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-99k€-104k▼
Profit (loss) brought forward from the previous period14P€-93k€-99k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-59k ▼8537%
Net result drops to €-59k, the lowest in the series; recovery starts the following year.
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
23-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Oudenaarde · 1 establishment unit since 2002
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.
Monseigneur Lambrechtstraat 949700 OudenaardeGround area
1,123 m²
Building footprint
169 m²
Volume, LiDAR
805 m³
Parcel 45054C0193/00Z000, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
@BOVO
since 20022.096.093.190
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45054C0193/00Z000 | Flanders | 1,123 m² | 1 · 169 m² | 6.0 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.
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Of 2,715 companies in sector 73200 we hold annual accounts for 1,785. 1,160 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-2002
Fiscal year end31-12
Activities, NACEBEL
73200Market research and public opinion polling
74131
Sources
Crossroads Bank for EnterprisesNational Bank · 16 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.