SHOWTOWN
ActiveSHOWTOWN has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €552k and a net result of €-72k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 34% of 865 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability22▲+18
Solvency50▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.37 against 0.51 in 2024; short-term debt: 33.6% and cash: 1.2% of total assets), and 75% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-72k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filingsDeviation from the deadline
2025
28 d late
2024
21 d late
2023
on the day
2022
3 d early
2021
6 d early
2020
26 d late
2019
6 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-72k▲ 78.9%
2024 · €-340k
2018: €136k
2019: €-11k
2020: €33k
2021: €-14k
2022: €190k
2023: €17k
2024: €-340k
2018 → 2025
Working capital
€-465k▼ 22.6%
2024 · €-379k
2018: €-253k
2019: €-242k
2020: €-121k
2021: €-292k
2022: €-468k
2023: €-458k
2024: €-379k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€757k-€947k▲ 25.1%€964k▲ 1.8%€624k▼ 35.3%€552k▼ 11.5%
Operating result€16k-€221k▲ 1,280%€45k▼ 79.7%€61k▲ 35.4%€-71k
Net result€-14k-€190k€17k▼ 91.2%€-340k€-72k▲ 78.9%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €71k after €61k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.21M
Fixed assets
€1.93M▼ 1.9%
Current assets
€277k▼ 31.0%
Equity and liabilities €2.21M
Equity
€552k▼ 11.5%
Debt
€1.66M▼ 5.2%
The debt ratio rises from 73.7% to 75.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€18k▼
2024 · €147k
Cash flow
€17k▲
2024 · €-254k
Solvency
25.0%▼
2024 · 26.3%
Current ratio
0.37▼
2024 · 0.51
Quick ratio
0.37▼
2024 · 0.51
Debt / equity
3.00▲
2024 · 2.80
ROE
-13.0%▲
2024 · -54.5%
ROA
-3.2%▲
2024 · -14.3%
Interest coverage
0.94▲
2024 · 0.37
Debt
€1.66M▼
2024 · €1.75M
Debt ≤ 1 year
€742k▼
2024 · €780k
Debt > 1 year
€910k▼
2024 · €962k
Income taxes
€235▼
2024 · €17k
Staff costs
€541▼
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€2.37M€2.21M▼
Fixed assets21/28€1.97M€1.93M▼
Tangible fixed assets22/27€791k€748k▼
Land and buildings22€791k€707k▼
Plant, machinery and equipment23-€9k
Furniture and vehicles24-€32k
Financial fixed assets28€1.18M€1.18M▲
Current assets29/58€401k€277k▼
Amounts receivable after more than one year29€500€500=
Other amounts receivable291€500€500=
Amounts receivable within one year40/41€287k€146k▼
Trade receivables40€213k€146k▼
Other amounts receivable41€74k-
Cash at bank and in hand54/58€22k€26k▲
Deferred charges and accrued income490/1€92k€104k▲
Equity and liabilities
Total equity and liabilities10/49€2.37M€2.21M▼
Equity10/15€624k€552k▼
Contributions10/11€81k€81k=
Capital10€81k€81k=
Issued capital100€81k€81k=
Reserves13€543k€471k▼
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Tax-exempt reserves132€119k€110k▼
Distributable reserves133€416k€353k▼
Amounts payable17/49€1.75M€1.66M▼
Amounts payable after more than one year17€962k€910k▼
Financial debts170/4€962k€910k▼
Amounts payable within one year42/48€780k€742k▼
Current portion of amounts payable after more than one year42€51k€52k▲
Financial debts43€115k€85k▼
Credit institutions430/8€115k€85k▼
Trade debts44€93k€101k▲
Suppliers440/4€93k€101k▲
Taxes, remuneration and social security45€50k€26k▼
Taxes450/3€49k€26k▼
Remuneration and social security454/9€826-
Other amounts payable47/48€472k€477k▲
Accrued charges and deferred income492/3€4k€4k=
Income statement
Code20242025
Non-recurring operating income76A-€89k
Remuneration, social security and pensions62€17k€541▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€88k▲
Other operating charges640/8€27k€16k▼
Non-recurring operating charges66A€63k€288k▲
Gross operating margin9900€253k€322k▲
Operating profit (loss)9901€61k€-71k▼
Financial income75/76B€13k€18k▲
Recurring financial income75€13k€18k▲
Financial charges65/66B€396k€19k▼
Recurring financial charges65€396k€19k▼
Profit (loss) for the period before taxes9903€-323k€-71k▲
Income taxes67/77€17k€235▼
Profit (loss) for the period9904€-340k€-72k▲
Transfer from tax-exempt reserves789-€9k
Profit (loss) for the period to be appropriated9905€-340k€-63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-340k€-63k▲
Transfer from equity791/2€340k€63k▼
The notes to these accounts (11 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 28 days late
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
2024
31-12
Financial
Weakest financial yearnet €-340k ▼2136%
Net result drops to €-340k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €190k
Net result €190k after one loss-making year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 6 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Heusden-Zolder · 1 establishment unit since 1996
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.
Molenveld 553550 Heusden-ZolderGround area
759 m²
Building footprint
508 m²
Volume, LiDAR
2,402 m³
Parcel 71065F1054/00E000, Flanders · tallest building 17.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SHOWTOWN NV
since 19962.075.766.148
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065F1054/00E000 | Flanders | 759 m² | 1 · 508 m² | 17.3 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 3,750 EUR awarded · 3,750 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,750 EUR | 3,750 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
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Of 6,687 companies in sector 49330 we hold annual accounts for 2,291. 488 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded23-11-1995
Fiscal year end31-12
Activities, NACEBEL
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
92313
49390Land transport and transport via pipelines
68110Buying and selling of own real estate
70210Activities of head offices; management consultancy activities
71408
73300Public relations and communication consultancy
74141
74503
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
78100Employment placement agencies
90393Specialised image, lighting and sound technical services
92340
92623
93199Other sports activities
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.