Summary
SEFRAM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €14.40M and a net result of €-370k. Its solvency ranks better than 95% of 6156 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2024 was due by 30-07-2025 and was filed on 15-05-2025, 76 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2024
76 d early
2023
21 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€14.40M▼ 2.5%
2023 · €14.77M
2023: €14.77M
2023 → 2024
Net result
€-370k▼ 7.4%
2023 · €-345k
2023: €-345k
2023 → 2024
Total assets
€14.49M▼ 2.1%
2023 · €14.80M
2023: €14.80M
2023 → 2024
Solvency
99.4%▼ 0.4pp
2023 · 99.8%
2023: 99.8%
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€14.77M-€14.40M▼ 2.5%
Operating result€-345k-€-195k▲ 43.3%
Net result€-345k-€-370k▼ 7.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €195k in 2024 against €345k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €14.49M
Fixed assets
€14.15M ▼ 0.3%
Current assets
€339k ▼ 44.0%
Equity and liabilities €14.49M
Equity
€14.40M ▼ 2.5%
Debt
€81k ▲ 238%
Debt's share of the balance-sheet total rises from 0.2% to 0.6%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-2.6%▼
2023 · -2.3%
ROA
-2.6%▼
2023 · -2.3%
Debt ≤ 1 year
€81k▲
2023 · €24k
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 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€14.80M€14.49M▼
Fixed assets21/28€14.19M€14.15M▼
Tangible fixed assets22/27€1.97M€1.92M▼
Land and buildings22€1.96M€1.92M▼
Plant, machinery and equipment23€5k€4k▼
Financial fixed assets28€12.22M€12.22M=
Current assets29/58€606k€339k▼
Amounts receivable within one year40/41€76k€134k▲
Trade receivables40-€50k
Other amounts receivable41€76k€84k▲
Current investments50/53€25k€25k=
Cash at bank and in hand54/58€503k€179k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€14.80M€14.49M▼
Equity10/15€14.77M€14.40M▼
Contributions10/11€702k€702k=
Reserves13€70k€70k=
Distributable reserves133€70k€70k=
Profit (loss) carried forward14€14.00M€13.63M▼
Amounts payable17/49€24k€81k▲
Amounts payable within one year42/48€24k€81k▲
Trade debts44€9k€66k▲
Suppliers440/4€9k€66k▲
Other amounts payable47/48€15k€15k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€47k=
Other operating charges640/8€4k€4k▲
Gross operating margin9900€-294k€-144k▲
Operating profit (loss)9901€-345k€-195k▲
Financial income75/76B€452€4k▲
Recurring financial income75€452€4k▲
Financial charges65/66B€315€178k▲
Recurring financial charges65€315€178k▲
Profit (loss) for the period before taxes9903€-345k€-370k▼
Profit (loss) for the period9904€-345k€-370k▼
Profit (loss) for the period to be appropriated9905€-345k€-370k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14.00M€13.63M▼
Profit (loss) brought forward from the previous period14P€14.35M€14.00M▼
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
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
NBB filing
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 5,042 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 formForeign entity
Founded23-12-2019
Fiscal year end30-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filings
Scores and ratios are computed by Checked and are not a credit decision.