PORTABEL
ActivePORTABEL has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-57k) and a net result of €-26k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 27319 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency38▼-3
Growth32=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 0.83 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-46.7%
Return on assets
-21%
Age of the figures
8 mo
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 · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1920212223232425
2019 to 2025 · latest year -€57k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
31 d late
2023
240 d late
2023
on the day
2022
5 d early
2021
1 d late
2020
1 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-57k▼ 81.7%
2024 · €-32k
2019: €33k
2020: €20k
2021: €-16k
2022: €9k
2023: €25k
2023: €12k
2024: €-32k
2019 → 2025
Total assets
€122k▼ 9.6%
2024 · €136k
2019: €186k
2020: €180k
2021: €160k
2022: €172k
2023: €204k
2023: €190k
2024: €136k
2019 → 2025
Net result
€-26k▲ 40.8%
2024 · €-43k
2019: €6k
2020: €-13k
2021: €-36k
2022: €25k
2023: €16k
2023: €-12k
2024: €-43k
2019 → 2025
Working capital
€-55k▼ 95.7%
2024 · €-28k
2019: €12k
2020: €-8k
2021: €-38k
2022: €11k
2023: €27k
2023: €14k
2024: €-28k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202320242025Trend
Equity€9k-€25k▲ 187%€12k▼ 52.0%€-32k€-57k▼ 81.7%
Operating result€27k-€17k▼ 34.7%€-12k€-41k▼ 255%€-23k▲ 44.0%
Net result€25k-€16k▼ 34.4%€-12k€-43k▼ 270%€-26k▲ 40.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €23k in 2025 against €41k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €122k
Fixed assets
€150=
Current assets
€122k▼ 9.6%
Key figures and ratios
Solvency
-46.7%▼
2024 · -23.3%
Current ratio
0.69▼
2024 · 0.83
Quick ratio
0.25▼
2024 · 0.30
Debt / equity
-3.14▲
2024 · -5.30
ROE
45.0%▼
2024 · 137.9%
ROA
-21.0%▲
2024 · -32.1%
Debt
€180k▲
2024 · €167k
Debt ≤ 1 year
€178k▲
2024 · €164k
Staff costs
€63k▼
2024 · €91k
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€136k€122k▼
Fixed assets21/28€150€150=
Financial fixed assets28€150€150=
Current assets29/58€135k€122k▼
Stocks and contracts in progress3€87k€77k▼
Stocks30/36€87k€77k▼
Amounts receivable within one year40/41€18k€19k▲
Trade receivables40€11k€11k▲
Other amounts receivable41€8k€8k▲
Cash at bank and in hand54/58€29k€24k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€136k€122k▼
Equity10/15€-32k€-57k▼
Contributions10/11€119k€119k=
Reserves13€25k€25k=
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€-175k€-201k▼
Amounts payable17/49€167k€180k▲
Amounts payable within one year42/48€164k€178k▲
Trade debts44€17k€51k▲
Suppliers440/4€17k€51k▲
Taxes, remuneration and social security45€27k€17k▼
Taxes450/3€16k€10k▼
Remuneration and social security454/9€11k€7k▼
Other amounts payable47/48€120k€110k▼
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20242025
Remuneration, social security and pensions62€91k€63k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9k€-3k▼
Other operating charges640/8€157€23k▲
Gross operating margin9900€60k€59k▼
Operating profit (loss)9901€-41k€-23k▲
Financial income75/76B€209€381▲
Recurring financial income75€209€381▲
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-43k€-26k▲
Profit (loss) for the period9904€-43k€-26k▲
Profit (loss) for the period to be appropriated9905€-43k€-26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-175k€-201k▼
Profit (loss) brought forward from the previous period14P€-132k€-175k▼
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
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 240 days late
2024
31-12
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €25k
Net result €25k after 2 loss-making years.
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
30-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
09-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2024
GENTILE Angelo
CurrentDirector · since 31-01-2024
31-01-2024
Appointed as Director
Location & real-estate footprint
Registered office, Herstal · 1 establishment unit since 2007
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.
Rue des Alouettes 204041 HerstalGround area
1.6 ha
Building footprint
3,313 m²
Volume, LiDAR
4,474 m³
2 parcels, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Alouettes 2, 4041 Herstal
since 20072.168.300.287
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62071A0209/04_000 | Wallonia | 1.4 ha | 1 · 2,539 m² | - |
| 62071A0222/09_000 | Wallonia | 2,146 m² | 1 · 773 m² | 7.0 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.
Similar companies · same sector, comparable size
DK INTERIEUR
BE 0759.694.496
Ronse · Eq €12k
DMD DECOMOB DESIGN
BE 1001.301.405
Asse · Eq €12k
Maes & Hens
BE 0543.932.844
Stekene · Eq €12k
DP WOODWORKS
BE 1014.563.877
Oostkamp · Eq €12k
FENESTRAM
BE 0549.973.271
Jette · Eq €12k
Of 19,948 companies in sector 43320 we hold annual accounts for 9,082. 5,016 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-2007
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
47529Retail trade
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.