RIBA ASSE 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 €175k and a net result of €24k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 6156 sector peers (fiscal year 2024). The company has been active since 1993 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 12-06-2025, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
49 d early
2023
35 d early
2022
32 d early
2021
32 d early
2020
31 d early
2019
28 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€175k▲ 15.6%
2023 · €151k
2018: €296k
2019: €108k
2020: €133k
2021: €136k
2022: €139k
2023: €151k
2018 → 2024
Net result
€24k▲ 96.5%
2023 · €12k
2018: €7k
2019: €12k
2020: €25k
2021: €3k
2022: €4k
2023: €12k
2018 → 2024
Total assets
€189k▲ 18.1%
2023 · €160k
2018: €327k
2019: €125k
2020: €148k
2021: €144k
2022: €149k
2023: €160k
2018 → 2024
Solvency
92.4%▼ 2.0pp
2023 · 94.4%
2018: 90.6%
2019: 86.3%
2020: 90.0%
2021: 94.2%
2022: 93.6%
2023: 94.4%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€133k-€136k▲ 1.9%€139k▲ 2.6%€151k▲ 8.6%€175k▲ 15.6%
Operating result€32k-€4k▼ 86.2%€5k▲ 19.9%€17k▲ 222%€32k▲ 92.0%
Net result€25k-€3k▼ 89.9%€4k▲ 39.2%€12k▲ 241%€24k▲ 96.5%
Turnover and EBIT margin not published: the abbreviated 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 92% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €189k
Equity
€175k▲ 15.6%
Debt
€14k▲ 60.3%
The debt ratio rises from 5.6% to 7.6%. Equity and debt are higher.
Key figures and ratios
Solvency
92.4%▼
2023 · 94.4%
ROE
13.5%▲
2023 · 7.9%
ROA
12.5%▲
2023 · 7.5%
Debt
€14k▲
2023 · €9k
Debt ≤ 1 year
€14k▲
2023 · €9k
Income taxes
€8k▲
2023 · €4k
Staff costs
€70k▼
2023 · €81k
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€160k€189k▲
Current assets29/58€160k€189k▲
Amounts receivable within one year40/41€62k€21k▼
Trade receivables40€45k€12k▼
Other amounts receivable41€17k€9k▼
Cash at bank and in hand54/58€97k€167k▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€160k€189k▲
Equity10/15€151k€175k▲
Contributions10/11€65k€65k=
Capital10€65k€65k=
Issued capital100€65k€65k=
Reserves13€86k€110k▲
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Distributable reserves133€80k€103k▲
Amounts payable17/49€9k€14k▲
Amounts payable within one year42/48€9k€14k▲
Trade debts44€1k€6k▲
Suppliers440/4€1k€6k▲
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€2k-
Remuneration and social security454/9€6k€9k▲
Income statement
Code20232024
Remuneration, social security and pensions62€81k€70k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k-
Other operating charges640/8€952€727▼
Gross operating margin9900€119k€103k▼
Operating profit (loss)9901€17k€32k▲
Financial charges65/66B€556€575▲
Recurring financial charges65€556€575▲
Profit (loss) for the period before taxes9903€16k€32k▲
Income taxes67/77€4k€8k▲
Profit (loss) for the period9904€12k€24k▲
Profit (loss) for the period to be appropriated9905€12k€24k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€24k▲
Transfer to equity691/2€12k€24k▲
To other reserves6921€12k€24k▲
Social balance
Average headcount (FTE)90873.03.3▲
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150kEq €151k ▲8.6%
6 profitable years in a row build equity to €151k.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €3k ▼89.9%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 12.33
Current ratio from 5.84 to 12.33; short-term debt falls from €15k to €8k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €25k ▲109%
Net result €25k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 5.84
Current ratio from 2.50 to 5.84; short-term debt falls from €17k to €15k.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Brecht · 2 establishment units since 1993
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.
Industrielaan 62960 BrechtGround area
7,738 m²
Building footprint
7,207 m²
Volume, LiDAR
43,205 m³
2 parcels, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Industrielaan 6, 2960 Brecht
since 19932.064.225.722
Brusselsesteenweg 139, 1730 Asse
since 19952.064.225.623
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11333D0745/00R000 | Flanders | 5,935 m² | 1 · 6,037 m² | 7.5 m · 2 fl. |
| 23322B0584/00C002 | Flanders | 1,802 m² | 1 · 1,169 m² | 7.2 m · 2 fl. |
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.
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Of 186 companies in sector 64910 we hold annual accounts for 133. 66 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-10-1993
Fiscal year end31-12
Activities, NACEBEL
64910Financial service activities, except insurance and pension funding
65210
77320Rental and leasing activities
71404
77223Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 31 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.