SKGS
ActiveSKGS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €600k and a net result of €193k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 54% of 3045 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
64
/ 100
Healthy▲ +34 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency51▲+24
Growth78▲+46
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.68 against 0.5 in 2024), and 62.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 01
Relative position
BE, all sectors
reference
Sector 01
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
37.5%
Return on assets
12%
Age of the figures
11 mo
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 · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €600k
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 21-04-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
19 d early
2023
32 d early
2022
30 d early
2021
1 d early
2020
4 d early
2019
on the day
← 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
06-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€600k▲ 47.3%
2024 · €407k
2021: €413k
2022: €418k
2023: €416k
2024: €407k
2021 → 2025
Total assets
€1.60M▼ 0.5%
2024 · €1.61M
2021: €1.90M
2022: €1.80M
2023: €1.72M
2024: €1.61M
2021 → 2025
Net result
€193k
2024 · €-8k
2021: €44k
2022: €5k
2023: €-2k
2024: €-8k
2021 → 2025
Working capital
€-226k▲ 48.0%
2024 · €-435k
2021: €-570k
2022: €-443k
2023: €-424k
2024: €-435k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€413k-€418k▲ 1.3%€416k▼ 0.6%€407k▼ 2.0%€600k▲ 47.3%
Operating result€53k-€14k▼ 72.9%€6k▼ 61.0%€-1k€211k
Net result€44k-€5k▼ 87.9%€-2k€-8k▼ 254%€193k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €211k after a loss of €1k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.60M
Fixed assets
€1.12M▼ 4.7%
Current assets
€487k▲ 10.7%
Equity and liabilities €1.60M
Equity
€600k▲ 47.3%
Debt
€1.00M▼ 16.7%
The debt ratio falls from 74.7% to 62.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€352k▲
2024 · €132k
Cash flow
€334k▲
2024 · €125k
Solvency
37.5%▲
2024 · 25.3%
Current ratio
0.68▲
2024 · 0.50
Quick ratio
0.08▲
2024 · 0.07
Debt / equity
1.67▼
2024 · 2.95
ROE
32.1%▲
2024 · -2.0%
ROA
12.0%▲
2024 · -0.5%
Interest coverage
51.23▲
2024 · 17.36
Debt
€1.00M▼
2024 · €1.20M
Debt ≤ 1 year
€713k▼
2024 · €875k
Debt > 1 year
€289k▼
2024 · €328k
Income taxes
€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
Total assets
20/58€1.61M€1.60M▼
Fixed assets
21/28€1.17M€1.12M▼
Intangible fixed assets
21€3k€0▼
Tangible fixed assets
22/27€1.17M€1.12M▼
Current assets
29/58€440k€487k▲
Stocks & contracts in progress
3€381k€427k▲
Amounts receivable within one year
40/41€16k€37▼
Investments
50/53-€46k
Cash & bank
54/58€40k€11k▼
Total equity & liabilities
10/49€1.61M€1.60M▼
Equity
10/15€407k€600k▲
Contributions / capital
10/11€464k€464k=
Reserves
13€45k€136k▲
Accumulated profits (losses)
14€-102k€0▲
Amounts payable
17/49€1.20M€1.00M▼
Amounts payable after one year
17€328k€289k▼
Amounts payable within one year
42/48€875k€713k▼
Trade debts payable within one year
44€10k€14k▲
Income statement
Code20242025
Gross operating margin
9900€140k€360k▲
Operating result
9901€-1k€211k▲
Financial income
75€504€446▼
Financial charges
65€8k€7k▼
Result before taxes
9903€-8k€204k▲
Income taxes
67/77-€12k
Net result for the period
9904€-8k€193k▲
Result to be appropriated
9905€-8k€193k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €193k
Net result €193k after 2 loss-making years.
30-09
Financial
Equity above €500kEq €600k ▲47.3%
Equity rises from €407k to €600k.
11-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
27-04
State Gazette act
Director changes
Joost Vanderlinden
2021
26-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
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HERTOGS
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ROUSSEAU Frères
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LOONWERKEN CASIER
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Of 4,667 companies in sector 01610 we hold annual accounts for 1,348. 991 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-08-2007
Fiscal year end30-09
Activities, NACEBEL
01410Raising of dairy cattle
01610Support activities for crop production
01121
01122
01123
01130Growing of vegetables, melons, roots and tubers
01191Growing of flowers
01301Crop and animal production, hunting and related service activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 13-08-2026. Scores and ratios are computed by Checked and are not a credit decision.