read my lips
Activeread my lips has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-115k) and a net result of €-215k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 8592 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
7
/ 100
Critical▼ -56 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+98
Solvency33▼-24
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.45 against 1.44 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
-62.7%
Return on assets
-117.6%
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
1819202122232425
2018 to 2025 · latest year -€115k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
59 d early
2023
48 d early
2022
70 d early
2021
86 d early
2020
22 d early
2019
38 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-115k
2024 · €100k
2018: €10k
2019: €136k
2020: €-21k
2021: €-29k
2022: €39k
2023: €100k
2024: €100k
2018 → 2025
Total assets
€183k▼ 44.7%
2024 · €331k
2018: €242k
2019: €323k
2020: €118k
2021: €223k
2022: €211k
2023: €241k
2024: €331k
2018 → 2025
Net result
€-215k
2024 · €448
2018: €9k
2019: €126k
2020: €-157k
2021: €-7k
2022: €68k
2023: €61k
2024: €448
2018 → 2025
Working capital
€-164k
2024 · €100k
2018: €2k
2019: €136k
2020: €-21k
2021: €-29k
2022: €39k
2023: €100k
2024: €100k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-29k-€39k€100k▲ 155%€100k▲ 0.4%€-115k
Operating result€-2k-€71k€71k▲ 0.8%€3k▼ 95.1%€-211k
Net result€-7k-€68k€61k▼ 10.8%€448▼ 99.3%€-215k
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 turns negative in 2025: a loss of €211k after €3k in 2024, the lowest year so far.
Balance-sheet composition
Assets €183k
Fixed assets
€49k
Current assets
€134k
Key figures and ratios
EBITDA
€-209k
Cash flow
€-213k
Solvency
-62.7%▼
2024 · 30.4%
Current ratio
0.45▼
2024 · 1.44
Quick ratio
0.45▼
2024 · 1.44
Debt / equity
-2.59▼
2024 · 2.29
ROE
187.5%▲
2024 · 0.4%
ROA
-117.6%▼
2024 · 0.1%
Interest coverage
-55.36
Debt
€298k▲
2024 · €230k
Debt ≤ 1 year
€298k▲
2024 · €230k
Income taxes
€179▼
2024 · €2k
Staff costs
€195k▲
2024 · €137k
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€331k€183k▼
Fixed assets21/28-€49k
Tangible fixed assets22/27-€49k
Furniture and vehicles24-€49k
Current assets29/58€331k€134k▼
Amounts receivable within one year40/41€179k€128k▼
Trade receivables40€161k€128k▼
Other amounts receivable41€18k€0▼
Cash at bank and in hand54/58€148k€1k▼
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€331k€183k▼
Equity10/15€100k€-115k▼
Contributions10/11€20k€20k=
Reserves13€80k€0▼
Distributable reserves133€80k€0▼
Profit (loss) carried forward14-€-135k
Amounts payable17/49€230k€298k▲
Amounts payable within one year42/48€230k€298k▲
Trade debts44€198k€117k▼
Suppliers440/4€198k€117k▼
Taxes, remuneration and social security45€33k€28k▼
Taxes450/3€25k€9k▼
Remuneration and social security454/9€8k€20k▲
Other amounts payable47/48-€152k
Income statement
Code20242025
Non-recurring operating income76A€27k€0▼
Remuneration, social security and pensions62€137k€195k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€6k
Other operating charges640/8€1k€640▼
Gross operating margin9900€142k€-8k▼
Operating profit (loss)9901€3k€-211k▼
Financial income75/76B€202€142▼
Recurring financial income75€202€142▼
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€2k€-215k▼
Income taxes67/77€2k€179▼
Profit (loss) for the period9904€448€-215k▼
Profit (loss) for the period to be appropriated9905€448€-215k▼
Appropriation of the result
Profit (loss) to be appropriated9906€448€-215k▼
Transfer from equity791/2-€80k
Transfer to equity691/2€448€0▼
To other reserves6921€448€0▼
Social balance
Average headcount (FTE)90871.72.3▲
The notes to these accounts (7 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-215k ▼48199%
Net result drops to €-215k, the lowest in the series.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €100kEq €100k ▲0.4%
3 profitable years in a row build equity to €100k.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €68k
Net result €68k after 2 loss-making years.
06-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 38 days late
2019
31-12
Financial
Highest result since 2018net €126k ▲1273%
Operating result €185k, net result €126k, both a record.
31-12
Financial
Equity above €100kEq €136k ▲1324%
2 profitable years in a row build equity to €136k.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Kalmthout · 2 establishment units since 2010
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.
Brasschaatsteenweg (C) 3082920 KalmthoutGround area
1.8 ha
Building footprint
8,350 m²
Volume, LiDAR
37,164 m³
2 parcels, Flanders · tallest building 17.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Mechelsesteenweg 271, 2018 Antwerpen
since 20102.193.875.724
Brasschaatsteenweg (C) 308, 2920 Kalmthout
since 20152.251.908.943
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662E0576/00N017 | Flanders | 1.5 ha | 1 · 5,743 m² | 17.4 m · 2 fl. |
| 11806F1354/00X009 | Flanders | 3,241 m² | 1 · 2,607 m² | - |
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
JSP
BE 0784.749.004
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ACJ
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CORALIUM
BE 0849.689.415
Diepenbeek · Eq €100k
MK4EVER
BE 0805.217.982
Antwerpen · Eq €100k
FORTIGI
BE 0568.857.587
Hemiksem · Eq €100k
Of 82,241 companies in sector 70200 we hold annual accounts for 52,386. 40,455 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-12-2010
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
82300Organisation of conventions and trade shows
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
85592Vocational training
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.