Summary
PROTECTED is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €236k and a net result of €197k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 30% of 490 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
28 d late
2023
5 d early
2022
31 d late
2021
31 d late
2020
88 d late
2019
117 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€236k▲ 508%
2024 · €39k
2018: €78k
2019: €71k
2020: €75k
2021: €76k
2022: €81k
2023: €91k
2024: €39k
2018 → 2025
Net result
€197k
2024 · €-116
2018: €-7k
2019: €-7k
2020: €4k
2021: €859
2022: €5k
2023: €10k
2024: €-116
2018 → 2025
Total assets
€1.09M▲ 1,867%
2024 · €56k
2018: €100k
2019: €118k
2020: €115k
2021: €114k
2022: €127k
2023: €125k
2024: €56k
2018 → 2025
Solvency
21.6%▼ 48.3pp
2024 · 69.9%
2018: 78.4%
2019: 60.0%
2020: 65.4%
2021: 66.4%
2022: 63.9%
2023: 72.9%
2024: 69.9%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€76k-€81k▲ 6.9%€91k▲ 12.4%€39k▼ 57.4%€236k▲ 508%
Operating result€2k-€8k▲ 234%€15k▲ 85.8%€1k▼ 91.5%€275k▲ 21,487%
Net result€859-€5k▲ 507%€10k▲ 92.7%€-116€197k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 21,487% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.09M
Fixed assets
€819k
Current assets
€274k
Equity and liabilities €1.09M
Equity
€236k ▲ 508%
Debt
€857k ▲ 5,016%
Debt's share of the balance-sheet total rises from 30.1% to 78.4%. Equity and debt are higher.
Key figures and ratios
ROE
83.6%▲
2024 · -0.3%
ROA
18.0%▲
2024 · -0.2%
Debt ≤ 1 year
€480k▲
2024 · €17k
Debt > 1 year
€374k
Income taxes
€71k▲
2024 · €888
Staff costs
€25k▼
2024 · €65k
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 · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€56k€1.09M▲
Fixed assets21/28€0€819k▲
Intangible fixed assets21-€793k
Tangible fixed assets22/27€0€22k▲
Furniture and vehicles24€0-
Other tangible fixed assets26-€22k
Financial fixed assets28-€4k
Current assets29/58€56k€274k▲
Amounts receivable within one year40/41€35k€263k▲
Trade receivables40-€4k
Other amounts receivable41€35k€259k▲
Cash at bank and in hand54/58€6k€12k▲
Deferred charges and accrued income490/1€14k€0▼
Equity and liabilities
Total equity and liabilities10/49€56k€1.09M▲
Equity10/15€39k€236k▲
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€3k€3k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€734€3k▲
Profit (loss) carried forward14€30k€227k▲
Amounts payable17/49€17k€857k▲
Amounts payable after more than one year17-€374k
Financial debts170/4-€374k
Amounts payable within one year42/48€17k€480k▲
Current portion of amounts payable after more than one year42-€59k
Trade debts44€7k€16k▲
Suppliers440/4€7k€16k▲
Taxes, remuneration and social security45€10k€73k▲
Taxes450/3€7k€72k▲
Remuneration and social security454/9€2k€1k▼
Other amounts payable47/48€0€331k▲
Accrued charges and deferred income492/3-€3k
Income statement
Code20242025
Non-recurring operating income76A-€288k
Remuneration, social security and pensions62€65k€25k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€110€10k▲
Other operating charges640/8€613€652▲
Gross operating margin9900€67k€310k▲
Operating profit (loss)9901€1k€275k▲
Financial income75/76B€74€0▼
Recurring financial income75€74€0▼
Financial charges65/66B€574€6k▲
Recurring financial charges65€574€6k▲
Profit (loss) for the period before taxes9903€772€268k▲
Income taxes67/77€888€71k▲
Profit (loss) for the period9904€-116€197k▲
Profit (loss) for the period to be appropriated9905€-116€197k▲
Appropriation of the result
Profit (loss) to be appropriated9906€56k€227k▲
Profit (loss) brought forward from the previous period14P€57k€30k▼
Transfer from equity791/2€26k€0▼
Profit to be distributed694/7€52k€0▼
Return on contributions (dividend)694€52k€0▼
Social balance
Average headcount (FTE)90871.00.3▼
The notes to these accounts (24 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
29-07
State Gazette act
Appointment: ARMAX CONSULTING (director)Permanent representative: Arne Lebegge · Resignation: BOGAERT RUDY INVEST (director) · Registered-office move5 facts ▸
State Gazette act
Appointment: ARMAX CONSULTING (director)
Permanent representative: Arne Lebegge · Resignation: BOGAERT RUDY INVEST (director) · Registered-office move5 facts ▸
- General meeting, 23 juli 2026
- Registered-office move, Hoeksken 25, 9940 Evergem
- Director appointment, ARMAX CONSULTING (director)
- Permanent representative, Arne Lebegge
- Director resignation, BOGAERT RUDY INVEST (director)
2025
31-12
Financial
Back to profitnet €197k
Net result €197k after one loss-making year.
31-12
Financial
Equity above €200kEq €236k ▲508%
Equity rises from €39k to €236k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 88 days late
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 117 days late
2019
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
Show earlier events
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
ARMAX CONSULTING
CurrentDirector · since 23-07-2026 · Private limited company · perm. rep.: Arne Lebegge
23-07-2026
ARMAX CONSULTING: Appointed as Director
23-07-2026
BOGAERT RUDY INVEST: Resigned as Director
Location & real-estate footprint
Registered office, Evergem · 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.
Hoeksken 259940 EvergemGround area
978 m²
Building footprint
370 m²
Volume, LiDAR
3,486 m³
Parcel 44302D1183/00E000, Flanders · tallest building 14.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
PROTECTED
since 20072.373.814.088
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44302D1183/00E000 | Flanders | 978 m² | 1 · 370 m² | 14.5 m · 3 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.
Structure & network
Connections & network
1 connected companyLinked via shared directors
Shared corporate director
→
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 475 EUR awarded · 475 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 475 EUR |
| 2023 | 1 | 475 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
AGENCE POLET & DETAL
BE 0867.766.354
Assesse · Eq €236,062
SPAY FINANCES
BE 0797.819.852
Sprimont · Eq €235,906
INNOV INVEST
BE 0453.062.155
Beyne-Heusay · Eq €235,622
NS FINANCES
BE 0890.043.195
Stavelot · Eq €236,481
ERAS-MV
BE 0721.623.679
Geraardsbergen · Eq €234,933
Of 1,681 companies in sector 66191 we hold annual accounts for 1,230. 1,085 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
Founded23-01-2007
Fiscal year end31-12
Activities, NACEBEL 2025
66191Agents and brokers in banking services
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.