PSD & C° 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 €798k and a net result of €72k. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 49% of 7980 sector peers (fiscal year 2025). The company has been active since 2004 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
Three signals. The signal on the left, the evidence on the right.
○neutral
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
7 d early
2023
40 d early
2022
12 d early
2021
18 d early
2020
2 d early
2019
14 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 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€798k▼ 22.6%
2024 · €1.03M
2019: €621k
2020: €810k
2021: €864k
2022: €860k
2023: €944k
2024: €1.03M
2019 → 2025
Net result
€72k▼ 16.3%
2024 · €86k
2019: €45k
2020: €184k
2021: €54k
2022: €56k
2023: €84k
2024: €86k
2019 → 2025
Total assets
€1.58M▼ 14.4%
2024 · €1.85M
2019: €1.65M
2020: €1.82M
2021: €1.89M
2022: €1.93M
2023: €1.98M
2024: €1.85M
2019 → 2025
Solvency
50.4%▼ 5.3pp
2024 · 55.7%
2019: 37.7%
2020: 44.6%
2021: 45.7%
2022: 44.6%
2023: 47.7%
2024: 55.7%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€864k-€860k▼ 0.5%€944k▲ 9.8%€1.03M▲ 9.1%€798k▼ 22.6%
Operating result€91k-€116k▲ 27.0%€145k▲ 25.7%€145k▼ 0.4%€135k▼ 6.8%
Net result€54k-€56k▲ 3.6%€84k▲ 49.9%€86k▲ 2.1%€72k▼ 16.3%
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 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.58M
Fixed assets
€1.31M▼ 28.0%
Current assets
€269k▲ 998%
Equity and liabilities €1.58M
Equity
€798k▼ 22.6%
Provisions
€28k▼ 3.5%
Debt
€758k▼ 4.1%
The debt ratio rises from 42.7% to 47.9%. Equity and debt are lower.
Key figures and ratios
Solvency
50.4%▼
2024 · 55.7%
ROE
9.0%▲
2024 · 8.3%
ROA
4.5%▼
2024 · 4.6%
Debt
€758k▼
2024 · €790k
Debt ≤ 1 year
€263k▼
2024 · €302k
Debt > 1 year
€483k▲
2024 · €476k
Income taxes
€36k▼
2024 · €39k
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€1.85M€1.58M▼
Fixed assets21/28€1.82M€1.31M▼
Tangible fixed assets22/27€1.82M€1.31M▼
Land and buildings22€962k€593k▼
Furniture and vehicles24€3k€41k▲
Other tangible fixed assets26€821k€680k▼
Assets under construction and advance payments27€37k€0▼
Current assets29/58€25k€269k▲
Cash at bank and in hand54/58€19k€264k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.85M€1.58M▼
Equity10/15€1.03M€798k▼
Contributions10/11€162k€162k=
Capital10€162k€162k=
Issued capital100€162k€162k=
Revaluation surpluses12€44k€18k▼
Reserves13€824k€618k▼
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Tax-exempt reserves132€153k€149k▼
Distributable reserves133€655k€452k▼
Profit (loss) carried forward14-€0
Provisions and deferred taxes16€28k€28k▼
Deferred taxes168€28k€28k▼
Amounts payable17/49€790k€758k▼
Amounts payable after more than one year17€476k€483k▲
Financial debts170/4€476k€483k▲
Amounts payable within one year42/48€302k€263k▼
Current portion of amounts payable after more than one year42€86k€52k▼
Trade debts44€22k€9k▼
Suppliers440/4€22k€9k▼
Taxes, remuneration and social security45€42k€31k▼
Taxes450/3€42k€31k▼
Other amounts payable47/48€152k€171k▲
Accrued charges and deferred income492/3€11k€12k▲
Income statement
Code20242025
Non-recurring operating income76A-€37k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88k€85k▼
Other operating charges640/8€10k€9k▼
Non-recurring operating charges66A-€33k
Gross operating margin9900€243k€262k▲
Operating profit (loss)9901€145k€135k▼
Financial income75/76B€511€286▼
Recurring financial income75€511€286▼
Financial charges65/66B€22k€28k▲
Recurring financial charges65€22k€28k▲
Profit (loss) for the period before taxes9903€124k€107k▼
Transfer from deferred taxes780€1k€992▼
Income taxes67/77€39k€36k▼
Profit (loss) for the period9904€86k€72k▼
Transfer from tax-exempt reserves789€4k€4k▼
Transfer to tax-exempt reserves689€42k€0▼
Profit (loss) for the period to be appropriated9905€48k€76k▲
Appropriation of the result
Profit (loss) to be appropriated9906€48k€76k▲
Transfer from equity791/2-€278k
Transfer to equity691/2€48k€76k▲
To other reserves6921€48k€76k▲
Profit to be distributed694/7-€278k
Return on contributions (dividend)694-€278k
The notes to these accounts (11 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Liquidity times 13current ratio 1.02
Current ratio from 0.08 to 1.02; short-term debt falls from €302k to €263k.
24-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Equity above €1MEq €1.03M ▲9.1%
6 profitable years in a row build equity to €1.03M.
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
19-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Highest result since 2019net €184k ▲305%
Operating result €256k, net result €184k, both a record.
17-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
16-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
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
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, Ingelmunster · 1 establishment unit since 2004
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.
Bilkstraat 58770 IngelmunsterGround area
1,120 m²
Building footprint
243 m²
Volume, LiDAR
1,072 m³
Parcel 36007A0401/00F000, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PSD & C°
since 20042.135.840.030
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36007A0401/00F000 | Flanders | 1,120 m² | 1 · 243 m² | 6.9 m · 1 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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BE 0755.600.009
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SLOSSE-ANDRIES
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Torhout · Eq €797k
V&D MGMT
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Keerbergen · Eq €797k
TIMMERMAN
BE 0471.161.464
Jabbeke · Eq €798k
JTH
BE 0896.810.233
Zutendaal · Eq €798k
Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 13,158 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-02-2004
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
74151
68121Development of residential building projects
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.