SEDEX
ActiveSEDEX has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €27k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 62% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency70▼-12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 2.1 in 2024; short-term debt: 55.1% and cash: 64.7% of total assets), but 55.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 →
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
44.9%
Return on assets
24.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
5 d late
2024
54 d late
2023
26 d late
2022
37 d late
2021
53 d early
2020
44 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€49k▼ 14.7%
2024 · €57k
2020: €16k
2021: €73k
2022: €124k
2023: €2k
2024: €57k
2020 → 2025
Total assets
€109k▲ 7.9%
2024 · €101k
2020: €32k
2021: €103k
2022: €167k
2023: €228k
2024: €101k
2020 → 2025
Net result
€27k▼ 51.6%
2024 · €55k
2020: €15k
2021: €57k
2022: €52k
2023: €58k
2024: €55k
2020 → 2025
Working capital
€34k▼ 28.4%
2024 · €48k
2020: €16k
2021: €73k
2022: €121k
2023: €-8k
2024: €48k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€73k-€124k▲ 69.8%€2k▼ 98.4%€57k▲ 2,774%€49k▼ 14.7%
Operating result€76k-€69k▼ 9.9%€76k▲ 10.2%€72k▼ 5.3%€35k▼ 51.2%
Net result€57k-€52k▼ 9.8%€58k▲ 11.6%€55k▼ 3.9%€27k▼ 51.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 51% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €109k
Fixed assets
€15k▲ 56.0%
Current assets
€95k▲ 3.0%
Equity and liabilities €109k
Equity
€49k▼ 14.7%
Debt
€60k▲ 37.7%
The debt ratio rises from 43.2% to 55.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€39k▼
2024 · €73k
Cash flow
€31k▼
2024 · €57k
Solvency
44.9%▼
2024 · 56.8%
Current ratio
1.57▼
2024 · 2.10
Quick ratio
1.57▼
2024 · 2.10
Debt / equity
1.23▲
2024 · 0.76
ROE
54.8%▼
2024 · 96.5%
ROA
24.6%▼
2024 · 54.9%
Interest coverage
30.29▼
2024 · 219.40
Debt
€60k▲
2024 · €44k
Debt ≤ 1 year
€60k▲
2024 · €44k
Income taxes
€9k▼
2024 · €22k
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€101k€109k▲
Fixed assets21/28€9k€15k▲
Tangible fixed assets22/27€9k€15k▲
Plant, machinery and equipment23-€8k
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€5k€4k▼
Current assets29/58€92k€95k▲
Amounts receivable within one year40/41€41k€22k▼
Trade receivables40€19k€9k▼
Other amounts receivable41€22k€13k▼
Cash at bank and in hand54/58€51k€71k▲
Deferred charges and accrued income490/1€65€2k▲
Equity and liabilities
Total equity and liabilities10/49€101k€109k▲
Equity10/15€57k€49k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€55k€47k▼
Amounts payable17/49€44k€60k▲
Amounts payable within one year42/48€44k€60k▲
Trade debts44€328€10k▲
Suppliers440/4€328€10k▲
Taxes, remuneration and social security45€43k€30k▼
Taxes450/3€43k€30k▼
Other amounts payable47/48-€20k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€4k▲
Other operating charges640/8€7k€851▼
Gross operating margin9900€79k€40k▼
Operating profit (loss)9901€72k€35k▼
Financial income75/76B€6k€2k▼
Recurring financial income75€6k€2k▼
Financial charges65/66B€331€1k▲
Recurring financial charges65€331€1k▲
Profit (loss) for the period before taxes9903€77k€36k▼
Income taxes67/77€22k€9k▼
Profit (loss) for the period9904€55k€27k▼
Profit (loss) for the period to be appropriated9905€55k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€82k▲
Profit (loss) brought forward from the previous period14P-€55k
Profit to be distributed694/7-€35k
Return on contributions (dividend)694-€35k
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
05-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 2.10
Current ratio from 0.96 to 2.10; short-term debt falls from €226k to €44k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Highest result since 2020net €58k ▲11.6%
Net result €58k, the highest in the series.
06-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 37 days late
2022
31-12
Financial
Equity above €100kEq €124k ▲69.8%
3 profitable years in a row build equity to €124k.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro 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, Ramillies · 1 establishment unit since 2020
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.
Rue Petit Warichet 391367 RamilliesGround area
2,553 m²
Building footprint
90 m²
Volume, LiDAR
640 m³
Parcel 25067B0692/00F000, Wallonia · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SEDEX
since 20202.304.634.678
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25067B0692/00F000 | Wallonia | 2,553 m² | 1 · 90 m² | 8.2 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.
Recognitions · licences · registrations
Legal Entity Identifier
6488X12Y7T37IH4EJ961
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,260 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-2020
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68121Development of residential building projects
68122Development of non-residential building projects
70200Business and other management consultancy
70220Business consulting
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.