REAL WORLD is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €436k and a net result of €225k. Equity is growing by ~62% per year across the filed fiscal years. Its solvency ranks better than 77% of 9864 sector peers (fiscal year 2024). The company has been active since 2017 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
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
8 d early
2022
31 d early
2021
11 d early
2020
23 d early
2019
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€436k▲ 107%
2023 · €211k
2018: €22k
2019: €28k
2020: €53k
2021: €72k
2022: €99k
2023: €211k
2018 → 2024
Net result
€225k▲ 101%
2023 · €112k
2018: €10k
2019: €5k
2020: €26k
2021: €19k
2022: €20k
2023: €112k
2018 → 2024
Total assets
€539k▲ 119%
2023 · €246k
2018: €128k
2019: €120k
2020: €130k
2021: €157k
2022: €133k
2023: €246k
2018 → 2024
Solvency
80.9%▼ 4.8pp
2023 · 85.7%
2018: 17.4%
2019: 23.0%
2020: 41.1%
2021: 45.9%
2022: 74.2%
2023: 85.7%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€53k-€72k▲ 35.5%€99k▲ 36.8%€211k▲ 114%€436k▲ 107%
Operating result€42k-€28k▼ 33.3%€33k▲ 19.2%€80k▲ 141%€187k▲ 133%
Net result€26k-€19k▼ 26.5%€20k▲ 7.9%€112k▲ 449%€225k▲ 101%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 133% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €539k
Fixed assets
€347k▲ 241%
Current assets
€192k▲ 33.2%
Equity and liabilities €539k
Equity
€436k▲ 107%
Debt
€103k▲ 193%
The debt ratio rises from 14.3% to 19.1%. Equity and debt are higher.
Key figures and ratios
Solvency
80.9%▼
2023 · 85.7%
ROE
51.6%▼
2023 · 53.2%
ROA
41.8%▼
2023 · 45.6%
Debt
€103k▲
2023 · €35k
Debt ≤ 1 year
€69k▲
2023 · €35k
Debt > 1 year
€34k▲
2023 · €0
Income taxes
€69k▲
2023 · €27k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€246k€539k▲
Fixed assets21/28€102k€347k▲
Tangible fixed assets22/27€2k€2k▲
Plant, machinery and equipment23€192€2k▲
Furniture and vehicles24€2k€824▼
Financial fixed assets28€100k€345k▲
Current assets29/58€144k€192k▲
Amounts receivable within one year40/41€9k€64k▲
Other amounts receivable41€9k€64k▲
Current investments50/53€53k€52k▼
Cash at bank and in hand54/58€80k€75k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€246k€539k▲
Equity10/15€211k€436k▲
Contributions10/11€20k€20k=
Reserves13€183k€408k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€183k€408k▲
Profit (loss) carried forward14€8k€8k=
Amounts payable17/49€35k€103k▲
Amounts payable after more than one year17€0€34k▲
Financial debts170/4€0€34k▲
Amounts payable within one year42/48€35k€69k▲
Current portion of amounts payable after more than one year42€4k€25k▲
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€15k€38k▲
Taxes450/3€15k€38k▲
Other amounts payable47/48€15k€5k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€917€980▲
Other operating charges640/8€737€1k▲
Gross operating margin9900€82k€189k▲
Operating profit (loss)9901€80k€187k▲
Financial income75/76B€60k€110k▲
Recurring financial income75€60k€110k▲
Financial charges65/66B€901€2k▲
Recurring financial charges65€901€2k▲
Profit (loss) for the period before taxes9903€140k€294k▲
Income taxes67/77€27k€69k▲
Profit (loss) for the period9904€112k€225k▲
Profit (loss) for the period to be appropriated9905€112k€225k▲
Appropriation of the result
Profit (loss) to be appropriated9906€120k€233k▲
Profit (loss) brought forward from the previous period14P€8k€8k=
Transfer to equity691/2€112k€225k▲
To other reserves6921€112k€225k▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €225k ▲101%
Operating result €187k, net result €225k, both a record.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 4.10
Current ratio from 0.98 to 4.10.
31-12
Financial
Equity above €200kEq €211k ▲114%
6 profitable years in a row build equity to €211k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Weakest financial yearnet €5k ▼46.1%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Berlare · 1 establishment unit since 2017
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.
Sluis(B) 299290 BerlareGround area
2,224 m²
Building footprint
278 m²
Volume, LiDAR
1,444 m³
Parcel 42003D0626/00P000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Real World
since 20172.262.731.569
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42003D0626/00P000 | Flanders | 2,224 m² | 1 · 278 m² | 7.5 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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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,705 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2017
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:rik.wouters@gmail.com
Phone:0485514848