Silver Bear
ActiveSilver Bear has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-7k) and a net result of €-18k. Equity is shrinking by ~42.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
27
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency0▼-41
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.24 against 0.94 in 2024; short-term debt: 135.9% and cash: 2.1% of total assets), and equity is negative.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-41.1%
Return on assets
-103.9%
Age of the figures
12 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €-7k
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 24-03-2026, 37 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
37 d early
2024
30 d early
2023
42 d early
2022
38 d early
2021
30 d early
2020
17 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
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-7k
2024 · €11k
2020: €22k
2021: €14k
2022: €15k
2023: €-7k
2024: €11k
2020 → 2025
Total assets
€17k▼ 74.3%
2024 · €67k
2020: €48k
2021: €62k
2022: €53k
2023: €28k
2024: €67k
2020 → 2025
Net result
€-18k
2024 · €48k
2020: €16k
2021: €-8k
2022: €435
2023: €-22k
2024: €48k
2020 → 2025
Working capital
€-18k▼ 494%
2024 · €-3k
2020: €14k
2021: €5k
2022: €7k
2023: €-12k
2024: €-3k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14k-€15k▲ 3.1%€-7k€11k€-7k
Operating result€-6k-€3k€-20k€60k€-15k
Net result€-8k-€435€-22k€48k€-18k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €60k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17k
Fixed assets
€12k▼ 37.9%
Current assets
€6k▼ 88.3%
Key figures and ratios
EBITDA
€-5k▼
2024 · €70k
Cash flow
€-8k▼
2024 · €58k
Solvency
-41.1%▼
2024 · 16.1%
Current ratio
0.24▼
2024 · 0.94
Quick ratio
0.24▼
2024 · 0.94
Debt / equity
-3.43▼
2024 · 5.20
ROA
-103.9%▼
2024 · 70.9%
Interest coverage
-2.33▼
2024 · 78.97
Debt
€24k▼
2024 · €57k
Debt ≤ 1 year
€24k▼
2024 · €52k
Debt > 1 year
€0▼
2024 · €4k
Income taxes
€507▼
2024 · €12k
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€67k€17k▼
Fixed assets21/28€19k€12k▼
Intangible fixed assets21-€2k
Tangible fixed assets22/27€19k€10k▼
Furniture and vehicles24€9k€8k▼
Leasing and similar rights25€10k€2k▼
Current assets29/58€49k€6k▼
Amounts receivable within one year40/41€22k€5k▼
Trade receivables40€12k€5k▼
Other amounts receivable41€10k€0▼
Cash at bank and in hand54/58€26k€358▼
Deferred charges and accrued income490/1€934€0▼
Equity and liabilities
Total equity and liabilities10/49€67k€17k▼
Equity10/15€11k€-7k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€5k€-13k▼
Amounts payable17/49€57k€24k▼
Amounts payable after more than one year17€4k€0▼
Financial debts170/4€4k€0▼
Amounts payable within one year42/48€52k€24k▼
Current portion of amounts payable after more than one year42€8k€4k▼
Trade debts44€4k€12k▲
Suppliers440/4€4k€12k▲
Taxes, remuneration and social security45€10k€4k▼
Taxes450/3€10k€4k▼
Other amounts payable47/48€30k€3k▼
Accrued charges and deferred income492/3€855€897▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€746€1k▲
Gross operating margin9900€71k€-4k▼
Operating profit (loss)9901€60k€-15k▼
Financial income75/76B€0€10▲
Recurring financial income75€0€10▲
Financial charges65/66B€891€2k▲
Recurring financial charges65€891€2k▲
Profit (loss) for the period before taxes9903€60k€-17k▼
Income taxes67/77€12k€507▼
Profit (loss) for the period9904€48k€-18k▼
Profit (loss) for the period to be appropriated9905€48k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€35k€-13k▼
Profit (loss) brought forward from the previous period14P€-13k€5k▲
Profit to be distributed694/7€30k€0▼
Return on contributions (dividend)694€30k€0▼
The notes to these accounts (14 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
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €48k
Net result €48k after one loss-making year.
19-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-22k ▼5047%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
23-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €435
Net result €435 after one loss-making year.
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-04
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
3 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, Beersel · 1 establishment unit since 2019
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.
Alsembloemlaan 41652 BeerselGround area
8,132 m²
Building footprint
1,169 m²
Volume, LiDAR
29,979 m³
2 parcels, Brussels, Flanders · tallest building 35.8 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
Q-SWYTCH
since 20192.293.879.853
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0042/00H002 | Brussels | 7,608 m² | 1 · 1,019 m² | 35.8 m · 10 fl. |
| 23001B0279/00F004 | Flanders | 523 m² | 1 · 150 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 23,873 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-2019
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.