REPLACE
ActiveREPLACE has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.81M and a net result of €286k. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
83
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+9
Solvency96▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 15.3 against 13.09 in 2024), and 48.6% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.4%
Return on assets
8.1%
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
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 11-07-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 d early
2024
15 d early
2023
27 d early
2022
28 d early
2021
24 d early
2020
25 d early
2019
36 d early
← 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
04-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.81M▲ 18.8%
2024 · €1.52M
2023: €1.31M
2024: €1.52M
2023 → 2025
Total assets
€3.52M▲ 14.0%
2024 · €3.08M
2023: €2.72M
2024: €3.08M
2023 → 2025
Net result
€286k▲ 34.2%
2024 · €213k
2023: €105k
2024: €213k
2023 → 2025
Working capital
€3.26M▲ 16.6%
2024 · €2.80M
2023: €2.56M
2024: €2.80M
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€1.31M-€1.52M▲ 16.3%€1.81M▲ 18.8%
Operating result€-78k-€28k€104k▲ 266%
Net result€105k-€213k▲ 103%€286k▲ 34.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 266% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.52M
Fixed assets
€25k▼ 53.0%
Current assets
€3.49M▲ 15.2%
Equity and liabilities €3.52M
Equity
€1.81M▲ 18.8%
Debt
€1.71M▲ 9.4%
The debt ratio falls from 50.7% to 48.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€104k▲
2024 · €29k
Cash flow
€286k▲
2024 · €214k
Solvency
51.4%▲
2024 · 49.3%
Current ratio
15.30▲
2024 · 13.09
Quick ratio
15.30▲
2024 · 13.09
Debt / equity
0.95▼
2024 · 1.03
ROE
15.8%▲
2024 · 14.0%
ROA
8.1%▲
2024 · 6.9%
Interest coverage
1.03▲
2024 · 0.27
Debt
€1.71M▲
2024 · €1.56M
Debt ≤ 1 year
€228k▼
2024 · €232k
Debt > 1 year
€1.48M▲
2024 · €1.33M
Income taxes
€111k▲
2024 · €71k
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
Total assets
20/58€3.08M€3.52M▲
Fixed assets
21/28€52k€25k▼
Tangible fixed assets
22/27€28k€0▼
Financial fixed assets
28€25k€25k=
Current assets
29/58€3.03M€3.49M▲
Amounts receivable within one year
40/41€2.82M€3.27M▲
Investments
50/53€191k€25k▼
Cash & bank
54/58€17k€200k▲
Total equity & liabilities
10/49€3.08M€3.52M▲
Equity
10/15€1.52M€1.81M▲
Contributions / capital
10/11€200k€200k=
Reserves
13€1.32M€1.61M▲
Amounts payable
17/49€1.56M€1.71M▲
Amounts payable after one year
17€1.33M€1.48M▲
Amounts payable within one year
42/48€232k€228k▼
Trade debts payable within one year
44€6k€578▼
Income statement
Code20242025
Gross operating margin
9900€30k€104k▲
Operating result
9901€28k€104k▲
Financial income
75€362k€394k▲
Financial charges
65€106k€100k▼
Result before taxes
9903€284k€398k▲
Income taxes
67/77€71k€111k▲
Net result for the period
9904€213k€286k▲
Result to be appropriated
9905€213k€286k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2023net €286k ▲34.2%
Operating result €104k, net result €286k, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
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Similar companies · same sector, comparable size
EUROPEAN REAL ESTATE - INVESTMENTS
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De Bock Immobiliën
BE 0425.889.584
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IMMO DEVA REAL ESTATE
BE 0828.826.990
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NACHTERGAELE KEUKENS
BE 0465.906.638
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Of 11,756 companies in sector 68310 we hold annual accounts for 6,549. 2,886 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2008
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 05-08-2026. Scores and ratios are computed by Checked and are not a credit decision.