SANARY
ActiveSANARY has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.99M and a net result of €71k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 68% of 7027 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▼-38
Solvency98▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 6.31 against 6.96 in 2024; short-term debt: 11.5% and cash: 2.6% of total assets), and 27% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73%
Return on assets
2.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-03-2026, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 d early
2024
57 d early
2023
50 d early
2022
46 d early
2021
50 d early
2020
39 d early
2019
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.99M▼ 1.1%
2024 · €2.01M
2018: €957k
2019: €975k
2020: €989k
2021: €991k
2022: €1.01M
2023: €1.05M
2024: €2.01M
2018 → 2025
Total assets
€2.73M=
2024 · €2.73M
2018: €1.70M
2019: €1.66M
2020: €1.63M
2021: €1.60M
2022: €1.54M
2023: €1.51M
2024: €2.73M
2018 → 2025
Net result
€71k▼ 92.7%
2024 · €968k
2018: €221k
2019: €18k
2020: €5k
2021: €2k
2022: €22k
2023: €33k
2024: €968k
2018 → 2025
Working capital
€1.67M▲ 0.9%
2024 · €1.65M
2018: €391k
2019: €450k
2020: €113k
2021: €183k
2022: €214k
2023: €294k
2024: €1.65M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€991k-€1.01M▲ 2.2%€1.05M▲ 3.2%€2.01M▲ 92.6%€1.99M▼ 1.1%
Operating result€6k-€78k▲ 1,185%€56k▼ 27.7%€1.28M▲ 2,183%€42k▼ 96.7%
Net result€2k-€22k▲ 933%€33k▲ 51.8%€968k▲ 2,857%€71k▼ 92.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 97% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.73M
Fixed assets
€744k▼ 6.4%
Current assets
€1.98M▲ 2.7%
Equity and liabilities €2.73M
Equity
€1.99M▼ 1.1%
Provisions
€397k▼ 2.7%
Debt
€339k▲ 11.3%
The debt ratio rises from 11.2% to 12.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€93k▼
2024 · €1.33M
Cash flow
€122k▼
2024 · €1.02M
Solvency
73.0%▼
2024 · 73.9%
Current ratio
6.31▼
2024 · 6.96
Quick ratio
6.31▼
2024 · 6.96
Debt / equity
0.17▲
2024 · 0.15
ROE
3.6%▼
2024 · 48.1%
ROA
2.6%▼
2024 · 35.5%
Interest coverage
4.77▼
2024 · 216.54
Debt
€339k▲
2024 · €304k
Debt ≤ 1 year
€314k▲
2024 · €278k
Income taxes
€43k▲
2024 · €17k
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€2.73M€2.73M=
Fixed assets21/28€795k€744k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€794k€743k▼
Land and buildings22€754k€708k▼
Plant, machinery and equipment23€41k€35k▼
Furniture and vehicles24€0€0=
Financial fixed assets28€975€1k▲
Current assets29/58€1.93M€1.98M▲
Amounts receivable within one year40/41€20k€13k▼
Trade receivables40€18k€10k▼
Other amounts receivable41€2k€3k▲
Current investments50/53€1.85M€1.90M▲
Cash at bank and in hand54/58€55k€70k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€2.73M€2.73M=
Equity10/15€2.01M€1.99M▼
Contributions10/11€122k€122k=
Reserves13€1.89M€1.87M▼
Tax-exempt reserves132€1.15M€1.13M▼
Distributable reserves133€737k€736k▼
Provisions and deferred taxes16€408k€397k▼
Deferred taxes168€408k€397k▼
Amounts payable17/49€304k€339k▲
Amounts payable within one year42/48€278k€314k▲
Trade debts44€11k€4k▼
Suppliers440/4€11k€4k▼
Taxes, remuneration and social security45€5k€9k▲
Taxes450/3€5k€9k▲
Other amounts payable47/48€262k€301k▲
Accrued charges and deferred income492/3€27k€24k▼
Income statement
Code20242025
Non-recurring operating income76A€1.26M-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€51k▼
Other operating charges640/8€15k€15k▲
Gross operating margin9900€1.35M€109k▼
Operating profit (loss)9901€1.28M€42k▼
Financial income75/76B€15k€81k▲
Recurring financial income75€15k€81k▲
Financial charges65/66B€6k€20k▲
Recurring financial charges65€6k€20k▲
Profit (loss) for the period before taxes9903€1.29M€103k▼
Transfer from deferred taxes780€11k€11k=
Transfer to deferred taxes680€314k-
Income taxes67/77€17k€43k▲
Profit (loss) for the period9904€968k€71k▼
Transfer from tax-exempt reserves789€21k€21k=
Transfer to tax-exempt reserves689€942k-
Profit (loss) for the period to be appropriated9905€47k€92k▲
Appropriation of the result
Profit (loss) to be appropriated9906€47k€92k▲
Transfer from equity791/2-€93k
Transfer to equity691/2€47k€92k▲
To other reserves6921€47k€92k▲
Profit to be distributed694/7-€93k
Return on contributions (dividend)694-€93k
The notes to these accounts (8 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
05-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €968k ▲2857%
Operating result €1.28M, net result €968k, both a record.
30-09
Financial
Liquidity quadruplescurrent ratio 6.96
Current ratio from 1.89 to 6.96; short-term debt falls from €331k to €278k.
30-09
Financial
Equity above €2MEq €2.01M ▲92.6%
7 profitable years in a row build equity to €2.01M.
11-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
15-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €1MEq €1.01M ▲2.2%
5 profitable years in a row build equity to €1.01M.
11-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €2k ▼59.5%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
22-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
03-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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 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.
Koolkaai 12000 AntwerpenGround area
290 m²
Building footprint
286 m²
Volume, LiDAR
5,854 m³
Parcel 11002A1984/00D000, Flanders · tallest building 25.0 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Koolkaai 1, 2000 Antwerpen
since 19932.063.180.694
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A1984/00D000 | Flanders | 290 m² | 1 · 286 m² | 25.0 m · 7 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
ACORTIS
BE 0472.845.009
Keerbergen · Eq €2.00M
KATERO
BE 0455.282.069
Lanaken · Eq €2.00M
SOCIETE DE CAUTION MUTUELLE DES ENTREPRISES
BE 0401.807.850
Mons · Eq €1.98M
HELIUM GROUP
BE 0452.137.883
Beersel · Eq €1.97M
Consortium Européen de l'Hémophilie
BE 0887.106.966
Brussel · Eq €1.97M
Of 2,715 companies in sector 73200 we hold annual accounts for 1,785. 885 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-1993
Fiscal year end30-09
Activities, NACEBEL
73200Market research and public opinion polling
74131
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.