River Mounts EU
ActiveRiver Mounts EU has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €136k and a net result of €238k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 9580 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
78
/ 100
Excellent▲ +30 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency34▲+22
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 5.53 against 0.98 in 2023), but 98.8% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
1.2%
Return on assets
2.1%
Age of the figures
20 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9580 sector peers (2024).
NBB · sector comparisonPosition among 9580 sector peers
Solvency
better than 10%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
120 d late
2023
76 d late
2022
88 d late
2021
81 d late
2020
135 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€136k▼ 54.4%
2023 · €298k
2019: €7k
2020: €-12k
2021: €296k
2022: €297k
2023: €298k
2019 → 2024
Total assets
€11.14M▼ 12.1%
2023 · €12.67M
2019: €165k
2020: €488k
2021: €3.99M
2022: €8.86M
2023: €12.67M
2019 → 2024
Net result
€238k▲ 71.8%
2023 · €139k
2019: €-17k
2020: €-18k
2021: €308k
2022: €176k
2023: €139k
2019 → 2024
Working capital
€8.32M
2023 · €-188k
2019: €-15k
2020: €-172k
2021: €143k
2022: €25k
2023: €-188k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-12k-€296k€297k▲ 0.2%€298k▲ 0.2%€136k▼ 54.4%
Operating result€-18k-€310k€290k▼ 6.5%€137k▼ 52.8%€251k▲ 82.9%
Net result€-18k-€308k€176k▼ 43.0%€139k▼ 21.1%€238k▲ 71.8%
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 recovers in 2024; 2024 is 83% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €11.14M
Fixed assets
€980k▲ 96.3%
Current assets
€10.16M▼ 16.5%
Equity and liabilities €11.14M
Equity
€136k▼ 54.4%
Debt
€11.00M▼ 11.1%
The debt ratio rises from 97.7% to 98.8%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€355k▲
2023 · €190k
Cash flow
€343k▲
2023 · €192k
Solvency
1.2%▼
2023 · 2.3%
Current ratio
5.53▲
2023 · 0.98
Quick ratio
3.95▲
2023 · 0.73
Debt / equity
81.02▲
2023 · 41.57
ROE
175.4%▲
2023 · 46.6%
ROA
2.1%▲
2023 · 1.1%
Interest coverage
126.01▲
2023 · 64.27
Debt
€11.00M▼
2023 · €12.37M
Debt ≤ 1 year
€1.84M▼
2023 · €12.36M
Debt > 1 year
€9.00M
Income taxes
€58k▲
2023 · €45k
Staff costs
€308k▼
2023 · €338k
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€12.67M€11.14M▼
Fixed assets21/28€499k€980k▲
Tangible fixed assets22/27€499k€980k▲
Plant, machinery and equipment23€89k€108k▲
Furniture and vehicles24€62k€47k▼
Other tangible fixed assets26€349k€825k▲
Current assets29/58€12.17M€10.16M▼
Amounts receivable after more than one year29€2.30M€2.21M▼
Trade receivables290€2.30M€2.21M▼
Stocks and contracts in progress3€3.15M€2.90M▼
Stocks30/36€3.15M€2.90M▼
Amounts receivable within one year40/41€4.80M€2.91M▼
Trade receivables40€3.69M€1.95M▼
Other amounts receivable41€1.11M€952k▼
Current investments50/53€379k€513k▲
Cash at bank and in hand54/58€1.46M€1.61M▲
Deferred charges and accrued income490/1€92k€7k▼
Equity and liabilities
Total equity and liabilities10/49€12.67M€11.14M▼
Equity10/15€298k€136k▼
Contributions10/11€24k€24k=
Profit (loss) carried forward14€274k€112k▼
Amounts payable17/49€12.37M€11.00M▼
Amounts payable after more than one year17-€9.00M
Other amounts payable178/9-€9.00M
Amounts payable within one year42/48€12.36M€1.84M▼
Trade debts44€19k€3k▼
Suppliers440/4€19k€3k▼
Taxes, remuneration and social security45€100k€102k▲
Taxes450/3€65k€72k▲
Remuneration and social security454/9€34k€30k▼
Other amounts payable47/48€12.24M€1.73M▼
Accrued charges and deferred income492/3€14k€163k▲
Income statement
Code20232024
Non-recurring operating income76A-€756
Remuneration, social security and pensions62€338k€308k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€53k€104k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€531k€667k▲
Operating profit (loss)9901€137k€251k▲
Financial income75/76B€49k€49k▼
Recurring financial income75€49k€49k▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€183k€297k▲
Income taxes67/77€45k€58k▲
Profit (loss) for the period9904€139k€238k▲
Profit (loss) for the period to be appropriated9905€139k€238k▲
Appropriation of the result
Profit (loss) to be appropriated9906€412k€512k▲
Profit (loss) brought forward from the previous period14P€273k€274k▲
Profit to be distributed694/7€138k€400k▲
Return on contributions (dividend)694€138k€400k▲
Social balance
Average headcount (FTE)90876.97.3▲
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
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 120 days late
2024
31-12
Financial
Liquidity times 6current ratio 5.53
Current ratio from 0.98 to 5.53; short-term debt falls from €12.36M to €1.84M.
15-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 76 days late
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 88 days late
2022
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 81 days late
2021
31-12
Financial
Back to profitnet €308k
Net result €308k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €296k
Equity rises from €-12k to €296k.
13-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 135 days late
2020
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
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, Antwerpen · 1 establishment unit since 2019
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.
Appelmansstraat 252018 AntwerpenGround area
4,638 m²
Building footprint
4,457 m²
Volume, LiDAR
99,254 m³
Parcel 11808H1172/00K003, Flanders · tallest building 27.6 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Appelmansstraat 25, 2018 Antwerpen
since 20192.301.369.936
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1172/00K003 | Flanders | 4,638 m² | 1 · 4,457 m² | 27.6 m · 8 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.
Similar companies · same sector, comparable size
NOBILIS
BE 0461.733.658
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DRUKKERIJ GRAFICO
BE 0439.295.182
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Euro Born
BE 0447.207.018
Antwerpen · Eq €139k
DAD GOLD & SILVER
BE 0780.452.397
Antwerpen · Eq €140k
Antwerp Watch Repair
BE 0433.089.756
Antwerpen · Eq €140k
Of 565 companies in sector 46480 we hold annual accounts for 352. 266 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-05-2018
Fiscal year end31-12
Activities, NACEBEL
46480Wholesale trade
47770Retail sale of watches and jewellery
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.