SEDES
ActiveSEDES has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107k and a net result of €9k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 57% of 6994 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-17
Solvency87▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.96 against 3.32 in 2024; short-term debt: 24.1% and cash: 37.8% of total assets), and 37.9% 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
62.1%
Return on assets
5.4%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-02-2026, 3 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
on the day
2023
33 d early
2022
4 d early
2021
on the day
2020
2 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close19-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€107k▼ 13.4%
2024 · €123k
2019: €49k
2020: €66k
2021: €80k
2022: €88k
2023: €99k
2024: €123k
2019 → 2025
Total assets
€172k▼ 2.2%
2024 · €176k
2019: €126k
2020: €122k
2021: €120k
2022: €108k
2023: €112k
2024: €176k
2019 → 2025
Net result
€9k▼ 72.2%
2024 · €33k
2019: €23k
2020: €18k
2021: €15k
2022: €9k
2023: €12k
2024: €33k
2019 → 2025
Working capital
€40k▼ 6.8%
2024 · €43k
2019: €35k
2020: €49k
2021: €54k
2022: €66k
2023: €92k
2024: €43k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€80k-€88k▲ 10.2%€99k▲ 12.3%€123k▲ 24.2%€107k▼ 13.4%
Operating result€23k-€15k▼ 35.9%€19k▲ 25.5%€47k▲ 155%€17k▼ 64.2%
Net result€15k-€9k▼ 41.4%€12k▲ 29.8%€33k▲ 186%€9k▼ 72.2%
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 64% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €172k
Fixed assets
€91k▼ 21.0%
Current assets
€81k▲ 33.3%
Equity and liabilities €172k
Equity
€107k▼ 13.4%
Provisions
€2k▼ 24.2%
Debt
€64k▲ 26.2%
The debt ratio rises from 28.6% to 37.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€47k▼
2024 · €76k
Cash flow
€39k▼
2024 · €62k
Solvency
62.1%▼
2024 · 70.2%
Current ratio
1.96▼
2024 · 3.32
Quick ratio
1.96▼
2024 · 3.32
Debt / equity
0.59▲
2024 · 0.41
ROE
8.7%▼
2024 · 27.2%
ROA
5.4%▼
2024 · 19.1%
Interest coverage
21.59▼
2024 · 38.45
Debt
€64k▲
2024 · €50k
Debt ≤ 1 year
€41k▲
2024 · €18k
Debt > 1 year
€22k▼
2024 · €32k
Income taxes
€6k▼
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€176k€172k▼
Fixed assets21/28€115k€91k▼
Tangible fixed assets22/27€115k€91k▼
Plant, machinery and equipment23€5k€6k▲
Furniture and vehicles24€110k€84k▼
Current assets29/58€61k€81k▲
Amounts receivable within one year40/41€24k€16k▼
Trade receivables40€14k€16k▲
Other amounts receivable41€10k€53▼
Cash at bank and in hand54/58€37k€65k▲
Deferred charges and accrued income490/1-€23
Equity and liabilities
Total equity and liabilities10/49€176k€172k▼
Equity10/15€123k€107k▼
Contributions10/11€11k€11k=
Reserves13€112k€95k▼
Tax-exempt reserves132€6k€5k▼
Distributable reserves133€106k€91k▼
Provisions and deferred taxes16€2k€2k▼
Deferred taxes168€2k€2k▼
Amounts payable17/49€50k€64k▲
Amounts payable after more than one year17€32k€22k▼
Financial debts170/4€32k€22k▼
Amounts payable within one year42/48€18k€41k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€5k€5k▼
Suppliers440/4€5k€5k▼
Taxes, remuneration and social security45€4k€9k▲
Taxes450/3€4k€9k▲
Other amounts payable47/48-€17k
Income statement
Code20242025
Non-recurring operating income76A€20k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€30k▲
Other operating charges640/8€1k€869▼
Gross operating margin9900€77k€48k▼
Operating profit (loss)9901€47k€17k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€45k€15k▼
Transfer from deferred taxes780€488€488=
Transfer to deferred taxes680€3k-
Income taxes67/77€10k€6k▼
Profit (loss) for the period9904€33k€9k▼
Transfer from tax-exempt reserves789€1k€1k=
Transfer to tax-exempt reserves689€8k-
Profit (loss) for the period to be appropriated9905€27k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€11k▼
Transfer from equity791/2€859€26k▲
Transfer to equity691/2€27k€11k▼
To other reserves6921€27k€11k▼
Profit to be distributed694/7€859€26k▲
Return on contributions (dividend)694€859€26k▲
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
03-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €33k ▲186%
Operating result €47k, net result €33k, both a record.
30-06
Financial
Equity above €100kEq €123k ▲24.2%
6 profitable years in a row build equity to €123k.
2023
29-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €9k ▼41.4%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-01
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
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, Scherpenheuvel-Zichem · 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.
August Nihoulstraat 1383270 Scherpenheuvel-ZichemGround area
2,688 m²
Building footprint
293 m²
Volume, LiDAR
1,515 m³
Parcel 24098A0268/00V002, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sedes
since 20082.170.244.049
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24098A0268/00V002 | Flanders | 2,688 m² | 1 · 293 m² | 9.4 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.
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Of 13,422 companies in sector 73300 we hold annual accounts for 6,900. 5,583 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-2008
Fiscal year end30-06
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 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.