PROFITABEL
ActivePROFITABEL has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €65k and a net result of €-1k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 60% of 11200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency64=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity short (current ratio 0.19 against 0.07 in 2024), and 44.6% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
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
55.4%
Return on assets
-1.3%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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
2 d late
2024
11 d late
2023
7 d late
2022
14 d late
2021
40 d early
2020
on the day
2019
on the day
← 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 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€65k▼ 2.2%
2024 · €67k
2019: €69k
2020: €68k
2021: €67k
2022: €66k
2023: €67k
2024: €67k
2019 → 2025
Total assets
€118k▼ 2.7%
2024 · €121k
2019: €165k
2020: €156k
2021: €150k
2022: €147k
2023: €143k
2024: €121k
2019 → 2025
Net result
€-1k▼ 169%
2024 · €-551
2019: €-7k
2020: €-961
2021: €-167
2022: €-1k
2023: €1k
2024: €-551
2019 → 2025
Working capital
€-40k▲ 15.5%
2024 · €-47k
2019: €-36k
2020: €-25k
2021: €-19k
2022: €-63k
2023: €-50k
2024: €-47k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€67k-€66k▼ 2.1%€67k▲ 1.8%€67k▼ 0.8%€65k▼ 2.2%
Operating result€2k-€-1k€5k€3k▼ 31.9%€2k▼ 31.1%
Net result€-167-€-1k▼ 744%€1k€-551€-1k▼ 169%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €118k
Fixed assets
€109k▼ 7.6%
Current assets
€9k▲ 164%
Equity and liabilities €118k
Equity
€65k▼ 2.2%
Debt
€53k▼ 3.3%
The debt ratio falls from 44.9% to 44.6%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€11k▼
2024 · €12k
Cash flow
€7k▼
2024 · €8k
Solvency
55.4%▲
2024 · 55.1%
Current ratio
0.19▲
2024 · 0.07
Quick ratio
0.19▲
2024 · 0.07
Debt / equity
0.81▼
2024 · 0.82
ROE
-2.3%▼
2024 · -0.8%
ROA
-1.3%▼
2024 · -0.5%
Interest coverage
2.93▼
2024 · 2.98
Debt
€53k▼
2024 · €54k
Debt ≤ 1 year
€49k▼
2024 · €50k
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€121k€118k▼
Fixed assets21/28€118k€109k▼
Tangible fixed assets22/27€118k€109k▼
Land and buildings22€118k€109k▼
Current assets29/58€3k€9k▲
Amounts receivable within one year40/41€896€8k▲
Trade receivables40€420€7k▲
Other amounts receivable41€476€1k▲
Cash at bank and in hand54/58€2k€389▼
Deferred charges and accrued income490/1€908€951▲
Equity and liabilities
Total equity and liabilities10/49€121k€118k▼
Equity10/15€67k€65k▼
Contributions10/11€62k€62k=
Reserves13€5k€3k▼
Distributable reserves133€5k€3k▼
Amounts payable17/49€54k€53k▼
Amounts payable within one year42/48€50k€49k▼
Trade debts44€875€690▼
Suppliers440/4€875€690▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€50k€48k▼
Accrued charges and deferred income492/3€4k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€14k€14k▼
Operating profit (loss)9901€3k€2k▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€-551€-1k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-551€-1k▼
Profit (loss) for the period to be appropriated9905€-551€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-551€-1k▼
Transfer from equity791/2€551€1k▲
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (5 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
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
11-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
07-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 7 days late
2023
30-06
Financial
Back to profitnet €1k
Net result €1k after 4 loss-making years.
14-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 14 days late
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
16-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-01
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
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, Buggenhout · 1 establishment unit since 1998
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.
Heibos 19255 BuggenhoutGround area
2,636 m²
Building footprint
174 m²
Volume, LiDAR
845 m³
Parcel 42004E0715/00E000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PROFITABEL
since 19982.087.475.137
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42004E0715/00E000 | Flanders | 2,636 m² | 1 · 174 m² | 6.8 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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AA and D Automobile
BE 0630.924.424
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AARKSH TRADING
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ANAEA
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Of 4,407 companies in sector 46180 we hold annual accounts for 1,875. 1,381 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-04-1998
Fiscal year end30-06
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
51180
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.