RING STATION I
ActiveRING STATION I has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €31.86M and a net result of €27k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 2276 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
86
/ 100
Excellent▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-1
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 9.72 against 11.73 in 2023), and 1.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 82
Relative position
BE, all sectors
reference
Sector 82
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 2024Solvency, return and age of the figures
Solvency
98.4%
Return on assets
0.1%
Age of the figures
20 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 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
19 d early
2022
48 d early
2021
48 d early
2020
86 d early
2019
84 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€31.86M▲ 0.1%
2023 · €31.83M
2018: €7.21M
2019: €7.26M
2020: €6.48M
2021: €6.52M
2022: €31.74M
2023: €31.83M
2018 → 2024
Total assets
€32.37M▲ 0.4%
2023 · €32.24M
2018: €7.71M
2019: €7.70M
2020: €7.70M
2021: €6.80M
2022: €32.00M
2023: €32.24M
2018 → 2024
Net result
€27k▼ 69.5%
2023 · €89k
2018: €81k
2019: €50k
2020: €9k
2021: €44k
2022: €-49k
2023: €89k
2018 → 2024
Working capital
€3.63M▲ 6.5%
2023 · €3.41M
2018: €3.15M
2019: €3.41M
2020: €2.81M
2021: €2.94M
2022: €3.13M
2023: €3.41M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€6.48M-€6.52M▲ 0.7%€31.74M▲ 387%€31.83M▲ 0.3%€31.86M▲ 0.1%
Operating result€-56k-€-5k▲ 90.3%€-109k▼ 1,902%€-36k▲ 67.1%€-127k▼ 252%
Net result€9k-€44k▲ 385%€-49k€89k€27k▼ 69.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €127k in 2024 against €36k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €32.37M
Fixed assets
€28.32M▼ 0.7%
Current assets
€4.05M▲ 8.6%
Equity and liabilities €32.37M
Equity
€31.86M▲ 0.1%
Debt
€508k▲ 23.8%
The debt ratio rises from 1.3% to 1.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€69k▼
2023 · €160k
Cash flow
€223k▼
2023 · €285k
Solvency
98.4%▼
2023 · 98.7%
Current ratio
9.72▼
2023 · 11.73
Quick ratio
9.72▼
2023 · 11.73
Debt / equity
0.02▲
2023 · 0.01
ROE
0.1%▼
2023 · 0.3%
ROA
0.1%▼
2023 · 0.3%
Interest coverage
1812.81▼
2023 · 4591.09
Debt
€508k▲
2023 · €410k
Debt ≤ 1 year
€416k▲
2023 · €317k
Debt > 1 year
€1k▼
2023 · €2k
Income taxes
€10k▼
2023 · €15k
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€32.24M€32.37M▲
Fixed assets21/28€28.52M€28.32M▼
Tangible fixed assets22/27€28.52M€28.32M▼
Land and buildings22€28.52M€28.32M▼
Current assets29/58€3.72M€4.05M▲
Amounts receivable after more than one year29€899k€839k▼
Other amounts receivable291€899k€839k▼
Amounts receivable within one year40/41€2.73M€3.04M▲
Trade receivables40€75k€76k▲
Other amounts receivable41€2.66M€2.96M▲
Cash at bank and in hand54/58€46k€163k▲
Deferred charges and accrued income490/1€49k€8k▼
Equity and liabilities
Total equity and liabilities10/49€32.24M€32.37M▲
Equity10/15€31.83M€31.86M▲
Contributions10/11€6.10M€6.10M=
Capital10€6.10M€6.10M=
Issued capital100€6.10M€6.10M=
Revaluation surpluses12€25.27M€25.27M=
Reserves13€299k€309k▲
Non-distributable reserves130/1€65k€75k▲
Legal reserve130€65k€75k▲
Distributable reserves133€234k€234k=
Profit (loss) carried forward14€161k€179k▲
Amounts payable17/49€410k€508k▲
Amounts payable after more than one year17€2k€1k▼
Other amounts payable178/9€2k€1k▼
Amounts payable within one year42/48€317k€416k▲
Trade debts44€284k€387k▲
Suppliers440/4€284k€387k▲
Taxes, remuneration and social security45€34k€29k▼
Taxes450/3€34k€29k▼
Accrued charges and deferred income492/3€91k€90k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€196k€196k=
Other operating charges640/8€90k€95k▲
Gross operating margin9900€250k€164k▼
Operating profit (loss)9901€-36k€-127k▼
Financial income75/76B€139k€164k▲
Recurring financial income75€139k€164k▲
Financial charges65/66B€35€38▲
Recurring financial charges65€35€38▲
Profit (loss) for the period before taxes9903€103k€37k▼
Income taxes67/77€15k€10k▼
Profit (loss) for the period9904€89k€27k▼
Profit (loss) for the period to be appropriated9905€89k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€166k€188k▲
Profit (loss) brought forward from the previous period14P€77k€161k▲
Transfer to equity691/2€4k€9k▲
To the legal reserve6920€4k€9k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €89k
Net result €89k after one loss-making year.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-49k ▼211%
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €25MEq €31.74M ▲387%
Equity rises from €6.52M to €31.74M.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 12.71
Current ratio from 3.53 to 12.71; short-term debt falls from €1.11M to €251k.
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
22-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 53 days late
2015
28-12
State Gazette act
Demerger · Accounting effect
Corporate purpose · Purchase price minimum · Louis-Philippe Marcelis
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2014
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2014
Resigned as Director
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2008
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.
Tweestationsstraat 801070 AnderlechtGround area
6,643 m²
Building footprint
6,980 m²
Volume, LiDAR
136,004 m³
Parcel 21305C0322/00F003, Brussels · tallest building 35.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
RING STATION I
since 20082.175.598.548
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305C0322/00F003 | Brussels | 6,642 m² | 1 · 6,980 m² | 35.3 m · 5 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 24,424 companies in sector 82990 we hold annual accounts for 9,361. 484 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-01-2009
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.