S & S
ActiveSummary
S & S has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €681k and a net result of €48k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 56% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▼-5
Solvency64▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.09 in 2023; short-term debt: 6.3% and cash: 4.7% of total assets), and 61.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 →
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 10-06-2025, 51 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
54 d early
2022
46 d early
2021
40 d early
2020
39 d early
2019
25 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€681k▲ 7.5%
2023 · €634k
2019: €476k
2020: €519k
2021: €579k
2022: €591k
2023: €634k
2019 → 2024
Total assets
€1.77M▼ 0.1%
2023 · €1.77M
2019: €1.23M
2020: €1.22M
2021: €1.23M
2022: €1.80M
2023: €1.77M
2019 → 2024
Net result
€48k▲ 12.1%
2023 · €42k
2019: €-70k
2020: €43k
2021: €60k
2022: €12k
2023: €42k
2019 → 2024
Working capital
€37k▲ 319%
2023 · €9k
2019: €16k
2020: €-25k
2021: €5k
2022: €24k
2023: €9k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€519k-€579k▲ 11.6%€591k▲ 2.1%€634k▲ 7.2%€681k▲ 7.5%
Operating result€54k-€70k▲ 30.2%€21k▼ 70.6%€58k▲ 181%€90k▲ 55.3%
Net result€43k-€60k▲ 41.3%€12k▼ 79.9%€42k▲ 250%€48k▲ 12.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 55% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.77M
Fixed assets
€1.62M ▼ 2.5%
Current assets
€148k ▲ 35.4%
Equity and liabilities €1.77M
Equity
€681k ▲ 7.5%
Debt
€1.09M ▼ 4.4%
Debt's share of the balance-sheet total falls from 64.2% to 61.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€130k▲
2023 · €98k
Cash flow
€88k▲
2023 · €83k
Current ratio
1.33▲
2023 · 1.09
Debt to equity
1.60▼
2023 · 1.79
ROE
7.0%▲
2023 · 6.7%
ROA
2.7%▲
2023 · 2.4%
Interest coverage
5.35▼
2023 · 6.20
Debt ≤ 1 year
€112k▲
2023 · €101k
Debt > 1 year
€975k▼
2023 · €1.04M
Income taxes
€18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.77M€1.77M▼
Fixed assets21/28€1.66M€1.62M▼
Tangible fixed assets22/27€1.66M€1.62M▼
Land and buildings22€1.66M€1.62M▼
Plant, machinery and equipment23€2k€2k▼
Current assets29/58€110k€148k▲
Amounts receivable within one year40/41€41k€65k▲
Trade receivables40€31k€56k▲
Other amounts receivable41€11k€9k▼
Cash at bank and in hand54/58€69k€84k▲
Equity and liabilities
Total equity and liabilities10/49€1.77M€1.77M▼
Equity10/15€634k€681k▲
Contributions10/11€546k€546k=
Reserves13€88k€135k▲
Distributable reserves133€88k€135k▲
Amounts payable17/49€1.14M€1.09M▼
Amounts payable after more than one year17€1.04M€975k▼
Financial debts170/4€1.04M€975k▼
Amounts payable within one year42/48€101k€112k▲
Current portion of amounts payable after more than one year42€60k€61k▲
Trade debts44€5k€72▼
Suppliers440/4€5k€72▼
Advances received on contracts in progress46€15k€0▼
Taxes, remuneration and social security45€10k€8k▼
Taxes450/3€10k€8k▼
Other amounts payable47/48€11k€44k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€41k▲
Other operating charges640/8€20k€10k▼
Gross operating margin9900€118k€140k▲
Operating profit (loss)9901€58k€90k▲
Financial income75/76B€560€27▼
Recurring financial income75€560€27▼
Financial charges65/66B€16k€24k▲
Recurring financial charges65€16k€24k▲
Profit (loss) for the period before taxes9903€42k€65k▲
Income taxes67/77-€18k
Profit (loss) for the period9904€42k€48k▲
Profit (loss) for the period to be appropriated9905€42k€48k▲
Appropriation of the result
Profit (loss) to be appropriated9906€42k€48k▲
Transfer to equity691/2€42k€48k▲
To other reserves6921€42k€48k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2019net €60k ▲41.3%
Net result €60k, the highest in the series.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
31-12
Financial
Equity above €500kEq €519k ▲9%
Equity rises from €476k to €519k.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Hoogstraten · 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.
Bredaseweg 72322 HoogstratenGround area
1,978 m²
Building footprint
314 m²
Volume, LiDAR
1,734 m³
Parcel 13024B0028/00M002, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
S & S
since 20192.284.853.311
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13024B0028/00M002 | Flanders | 1,978 m² | 1 · 314 m² | 8.3 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.
Similar companies · same sector, comparable size
VAN LENT
BE 0862.408.984
Rumst · Eq €681,035
Diksmuidse Boerenunie
BE 0405.374.480
Lendelede · Eq €680,899
Meba
BE 0412.684.025
Antwerpen · Eq €681,399
REFRINAM EXPORT
BE 0453.521.718
Jemeppe-sur-Sambre · Eq €679,310
METROPOL INVEST
BE 0413.128.245
Antwerpen · Eq €683,098
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 4,315 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.