SalesPass
ActiveThe annual accounts of SalesPass for fiscal year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €27k and a net result of €-28k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 40% of 31616 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency68▼-32
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 2.49 against 8.69 in 2024; short-term debt: 19.5% and cash: 39.8% of total assets), but 57% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43%
Return on assets
-44.7%
Age of the figures
9 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
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 31-07-2026, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
38 d early
2023
97 d early
2022
96 d early
2021
45 d early
2020
44 d early
2019
39 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€27k▼ 50.9%
2024 · €54k
2019: €6k
2020: €-2k
2021: €5k
2022: €49k
2023: €38k
2024: €54k
2019 → 2025
Total assets
€62k▲ 0.3%
2024 · €62k
2019: €58k
2020: €28k
2021: €42k
2022: €69k
2023: €47k
2024: €62k
2019 → 2025
Net result
€-28k
2024 · €35k
2019: €92
2020: €-9k
2021: €8k
2022: €31k
2023: €19k
2024: €35k
2019 → 2025
Working capital
€18k▼ 66.4%
2024 · €54k
2019: €-25k
2020: €-21k
2021: €-8k
2022: €41k
2023: €36k
2024: €54k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€49k▲ 839%€38k▼ 22.5%€54k▲ 42.9%€27k▼ 50.9%
Operating result€8k-€40k▲ 402%€27k▼ 32.6%€46k▲ 69.7%€-27k
Net result€8k-€31k▲ 313%€19k▼ 39.4%€35k▲ 85.9%€-28k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €27k after €46k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62k
Fixed assets
€32k▲ 3,017%
Current assets
€30k▼ 50.4%
Equity and liabilities €62k
Equity
€27k▼ 50.9%
Debt
€35k▲ 378%
The debt ratio rises from 12.0% to 57.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-24k▼
2024 · €51k
Cash flow
€-24k▼
2024 · €40k
Solvency
43.0%▼
2024 · 88.0%
Current ratio
2.49▼
2024 · 8.69
Quick ratio
2.49▼
2024 · 8.69
Debt / equity
1.32▲
2024 · 0.14
ROE
-103.9%▼
2024 · 65.1%
ROA
-44.7%▼
2024 · 57.3%
Interest coverage
-37.40▼
2024 · 46.11
Debt
€35k▲
2024 · €7k
Debt ≤ 1 year
€12k▲
2024 · €7k
Debt > 1 year
€23k
Income taxes
€111▼
2024 · €10k
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
Assets
Total assets20/58€62k€62k▲
Fixed assets21/28€1k€32k▲
Intangible fixed assets21€1k€0▼
Tangible fixed assets22/27-€32k
Furniture and vehicles24-€32k
Current assets29/58€61k€30k▼
Amounts receivable within one year40/41€15k€5k▼
Trade receivables40€12k€937▼
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€46k€25k▼
Deferred charges and accrued income490/1-€678
Equity and liabilities
Total equity and liabilities10/49€62k€62k▲
Equity10/15€54k€27k▼
Contributions10/11€19k€19k=
Reserves13€36k€8k▼
Distributable reserves133€36k€8k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€7k€35k▲
Amounts payable after more than one year17-€23k
Financial debts170/4-€23k
Amounts payable within one year42/48€7k€12k▲
Current portion of amounts payable after more than one year42-€6k
Trade debts44€747€518▼
Suppliers440/4€747€518▼
Taxes, remuneration and social security45€959€413▼
Taxes450/3€959€413▼
Other amounts payable47/48€5k€5k▲
Accrued charges and deferred income492/3€399€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€1k€358▼
Gross operating margin9900€52k€-23k▼
Operating profit (loss)9901€46k€-27k▼
Financial charges65/66B€1k€629▼
Recurring financial charges65€1k€629▼
Profit (loss) for the period before taxes9903€45k€-28k▼
Income taxes67/77€10k€111▼
Profit (loss) for the period9904€35k€-28k▼
Profit (loss) for the period to be appropriated9905€35k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€-28k▼
Transfer from equity791/2€19k€28k▲
Transfer to equity691/2€35k€0▼
To other reserves6921€35k€0▼
Profit to be distributed694/7€19k€0▼
Return on contributions (dividend)694€19k€0▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-28k ▼178%
Net result drops to €-28k, the lowest in the series.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €35k ▲85.9%
Operating result €46k, net result €35k, both a record.
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 7.56
Current ratio from 3.19 to 7.56; short-term debt falls from €18k to €5k.
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 3.19
Current ratio from 0.79 to 3.19; short-term debt falls from €35k to €18k.
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Waregem · 1 establishment unit since 2018
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.
Gentseweg 498792 WaregemGround area
1,828 m²
Building footprint
430 m²
Volume, LiDAR
2,542 m³
2 parcels, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SalesPass
since 20182.274.620.207
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44043A0650/00X003 | Flanders | 1,001 m² | 1 · 271 m² | 12.0 m · 3 fl. |
| 34010A0468/00V002 | Flanders | 827 m² | 1 · 159 m² | 8.4 m |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 953 EUR awarded · 953 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 953 EUR | 953 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 33,429 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.