Sortindus²
ActiveSummary
Sortindus² has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €189k and a net result of €111k. Equity is growing by ~36.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+10
Solvency95▲+43
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.94 against 1.26 in 2024; short-term debt: 29.9% and cash: 76.7% of total assets), and 29.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
70.1%
Return on assets
41%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-05-2026, 63 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
63 d early
2024
41 d early
2023
6 d early
2022
on the day
2021
32 d early
2020
36 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€189k▲ 141%
2024 · €79k
2018: €22k
2019: €23k
2020: €23k
2021: €39k
2022: €174k
2023: €189k
2024: €79k
2018 → 2025
Total assets
€270k▼ 7.7%
2024 · €293k
2018: €23k
2019: €64k
2020: €205k
2021: €178k
2022: €434k
2023: €311k
2024: €293k
2018 → 2025
Net result
€111k▲ 122%
2024 · €50k
2018: €3k
2019: €1k
2020: €-338
2021: €16k
2022: €135k
2023: €15k
2024: €50k
2018 → 2025
Working capital
€157k▲ 182%
2024 · €56k
2018: €20k
2019: €21k
2020: €21k
2021: €37k
2022: €173k
2023: €187k
2024: €56k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€174k▲ 347%€189k▲ 8.4%€79k▼ 58.3%€189k▲ 141%
Operating result€21k-€184k▲ 779%€20k▼ 89.3%€67k▲ 242%€150k▲ 122%
Net result€16k-€135k▲ 727%€15k▼ 89.1%€50k▲ 240%€111k▲ 122%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 122% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €270k
Fixed assets
€33k ▲ 42.3%
Current assets
€238k ▼ 11.9%
Equity and liabilities €270k
Equity
€189k ▲ 141%
Debt
€81k ▼ 62.3%
Debt's share of the balance-sheet total falls from 73.1% to 29.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€156k▲
2024 · €68k
Cash flow
€117k▲
2024 · €50k
Current ratio
2.94▲
2024 · 1.26
Debt to equity
0.43▼
2024 · 2.72
ROE
58.5%▼
2024 · 63.6%
ROA
41.0%▲
2024 · 17.1%
Interest coverage
1251.95▲
2024 · 150.66
Debt ≤ 1 year
€81k▼
2024 · €214k
Income taxes
€39k▲
2024 · €17k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€293k€270k▼
Fixed assets21/28€23k€33k▲
Tangible fixed assets22/27€22k€33k▲
Furniture and vehicles24€22k€27k▲
Other tangible fixed assets26-€6k
Financial fixed assets28€1k€0▼
Current assets29/58€270k€238k▼
Amounts receivable within one year40/41€262k€30k▼
Trade receivables40€222k€26k▼
Other amounts receivable41€40k€4k▼
Cash at bank and in hand54/58€7k€207k▲
Deferred charges and accrued income490/1-€445
Equity and liabilities
Total equity and liabilities10/49€293k€270k▼
Equity10/15€79k€189k▲
Contributions10/11€19k€19k=
Reserves13€60k€171k▲
Distributable reserves133€60k€171k▲
Profit (loss) carried forward14€38€2▼
Amounts payable17/49€214k€81k▼
Amounts payable within one year42/48€214k€81k▼
Trade debts44€56k€52k▼
Suppliers440/4€56k€52k▼
Taxes, remuneration and social security45€0€21k▲
Taxes450/3€0€21k▲
Other amounts payable47/48€158k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€405€6k▲
Other operating charges640/8€2k€873▼
Non-recurring operating charges66A-€831
Gross operating margin9900€69k€158k▲
Operating profit (loss)9901€67k€150k▲
Financial income75/76B€0€2▲
Recurring financial income75€0€2▲
Financial charges65/66B€450€125▼
Recurring financial charges65€450€125▼
Profit (loss) for the period before taxes9903€67k€150k▲
Income taxes67/77€17k€39k▲
Profit (loss) for the period9904€50k€111k▲
Profit (loss) for the period to be appropriated9905€50k€111k▲
Appropriation of the result
Profit (loss) to be appropriated9906€54k€111k▲
Profit (loss) brought forward from the previous period14P€4k€38▼
Transfer from equity791/2€160k€0▼
Transfer to equity691/2€54k€111k▲
To other reserves6921€54k€111k▲
Profit to be distributed694/7€160k€0▼
Return on contributions (dividend)694€160k€0▼
Social balance
Average headcount (FTE)9087-0.0
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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity doublescurrent ratio 2.94
Current ratio from 1.26 to 2.94; short-term debt falls from €214k to €81k.
31-12
Financial
Equity above €150kEq €189k ▲141%
5 profitable years in a row build equity to €189k.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €135k ▲727%
Operating result €184k, net result €135k, both a record.
31-12
Financial
Equity above €150kEq €174k ▲347%
2 profitable years in a row build equity to €174k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-338
Net result drops to €-338, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Kortrijk · 1 establishment unit since 2017
Ground area
900 m²
Building footprint
225 m²
Volume, LiDAR
1,195 m³
Parcel 34026A0598/00Z000, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Sortindus²
since 20172.269.760.111
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026A0598/00Z000 | Flanders | 900 m² | 1 · 225 m² | 8.3 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.
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Of 1,075 companies in sector 46140 we hold annual accounts for 645. 504 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 formPrivate limited company
Founded12-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46140Agents in the wholesale of industrial machinery, ships and aircraft
01610Support activities for crop production
46190Agents in non-specialised wholesale trade
63920Other information service activities
64210Activities of holding companies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.