SOURCING
ActiveSummary
SOURCING has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €621k and a net result of €135k. Equity is growing by ~29.4% per year across the filed fiscal years. Its solvency ranks better than 61% of 1991 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▼-1
Solvency87▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 19.74 against 8.95 in 2024; short-term debt: 4.8% and cash: 1.8% of total assets), and 37.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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
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
62.5%
Return on assets
13.6%
Age of the figures
9 mo
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 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
71 d early
2024
66 d early
2023
26 d early
2022
21 d late
2021
31 d early
2020
53 d early
2019
3 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€621k▲ 21.3%
2024 · €512k
2018: €110k
2019: €130k
2020: €137k
2021: €147k
2022: €323k
2023: €407k
2024: €512k
2018 → 2025
Total assets
€993k▲ 3.4%
2024 · €961k
2018: €206k
2019: €249k
2020: €246k
2021: €176k
2022: €433k
2023: €563k
2024: €961k
2018 → 2025
Net result
€135k▼ 2.4%
2024 · €139k
2018: €35k
2019: €20k
2020: €7k
2021: €9k
2022: €176k
2023: €135k
2024: €139k
2018 → 2025
Working capital
€886k▲ 10.7%
2024 · €800k
2018: €101k
2019: €173k
2020: €185k
2021: €127k
2022: €279k
2023: €363k
2024: €800k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€147k-€323k▲ 120%€407k▲ 25.9%€512k▲ 25.7%€621k▲ 21.3%
Operating result€14k-€266k▲ 1,756%€202k▼ 24.0%€209k▲ 3.6%€211k▲ 1.0%
Net result€9k-€176k▲ 1,835%€135k▼ 23.3%€139k▲ 2.6%€135k▼ 2.4%
Turnover and EBIT margin not published: the micro 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 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €993k
Fixed assets
€60k ▼ 0.3%
Current assets
€933k ▲ 3.6%
Equity and liabilities €993k
Equity
€621k ▲ 21.3%
Debt
€373k ▼ 17.0%
Debt's share of the balance-sheet total falls from 46.8% to 37.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€224k▲
2024 · €217k
Cash flow
€148k▲
2024 · €147k
Current ratio
19.74▲
2024 · 8.95
Debt to equity
0.60▼
2024 · 0.88
ROE
21.8%▼
2024 · 27.1%
ROA
13.6%▼
2024 · 14.4%
Interest coverage
6.89▼
2024 · 11.85
Debt ≤ 1 year
€47k▼
2024 · €101k
Debt > 1 year
€302k▼
2024 · €333k
Income taxes
€64k▼
2024 · €70k
Staff costs
€19k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€961k€993k▲
Fixed assets21/28€61k€60k▼
Tangible fixed assets22/27€60k€59k▼
Plant, machinery and equipment23€7k€13k▲
Furniture and vehicles24€27k€19k▼
Other tangible fixed assets26€25k€27k▲
Financial fixed assets28€983€983=
Current assets29/58€901k€933k▲
Amounts receivable within one year40/41€16k€2k▼
Trade receivables40€16k€502▼
Other amounts receivable41€360€2k▲
Current investments50/53€810k€861k▲
Cash at bank and in hand54/58€27k€17k▼
Deferred charges and accrued income490/1€48k€53k▲
Equity and liabilities
Total equity and liabilities10/49€961k€993k▲
Equity10/15€512k€621k▲
Contributions10/11€6k€6k=
Reserves13€487k€596k▲
Distributable reserves133€487k€596k▲
Profit (loss) carried forward14€18k€18k=
Amounts payable17/49€450k€373k▼
Amounts payable after more than one year17€333k€302k▼
Financial debts170/4€333k€302k▼
Amounts payable within one year42/48€101k€47k▼
Trade debts44€9k€11k▲
Suppliers440/4€9k€11k▲
Taxes, remuneration and social security45€92k€28k▼
Taxes450/3€92k€28k▼
Other amounts payable47/48€40€8k▲
Accrued charges and deferred income492/3€16k€24k▲
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62-€19k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€13k▲
Other operating charges640/8€3k€3k▼
Non-recurring operating charges66A€654€0▼
Gross operating margin9900€221k€246k▲
Operating profit (loss)9901€209k€211k▲
Financial income75/76B€18k€20k▲
Recurring financial income75€18k€20k▲
Financial charges65/66B€18k€33k▲
Recurring financial charges65€18k€33k▲
Profit (loss) for the period before taxes9903€209k€199k▼
Income taxes67/77€70k€64k▼
Profit (loss) for the period9904€139k€135k▼
Profit (loss) for the period to be appropriated9905€139k€135k▼
Appropriation of the result
Profit (loss) to be appropriated9906€157k€153k▼
Profit (loss) brought forward from the previous period14P€18k€18k=
Transfer from equity791/2€34k€26k▼
Transfer to equity691/2€139k€135k▼
To other reserves6921€139k€135k▼
Profit to be distributed694/7€34k€26k▼
Return on contributions (dividend)694€34k€26k▼
The notes to these accounts (9 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
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 19.74
Current ratio from 8.95 to 19.74; short-term debt falls from €101k to €47k.
26-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 8.95
Current ratio from 3.32 to 8.95; short-term debt falls from €156k to €101k.
31-12
Financial
Equity above €500kEq €512k ▲25.7%
7 profitable years in a row build equity to €512k.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial
Highest result since 2018net €176k ▲1835%
Operating result €266k, net result €176k, both a record.
31-12
Financial
Equity above €200kEq €323k ▲120%
5 profitable years in a row build equity to €323k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €7k ▼63.2%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
Show earlier events
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 57 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ukkel · 1 establishment unit since 2006
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.
Biezenlaan 14/51180 UkkelGround area
3,018 m²
Building footprint
309 m²
Volume, LiDAR
3,963 m³
Parcel 21616A0212/00Z000, Brussels · tallest building 18.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Biezenlaan 14, 1180 Ukkel
since 20062.154.844.607
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616A0212/00Z000 | Brussels | 3,018 m² | 1 · 309 m² | 18.1 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
894500WPQQR5VDHKEM96
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Of 8,302 companies in sector 90201 we hold annual accounts for 602. 311 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
Founded25-04-2006
Fiscal year end31-12
Activities, NACEBEL 2025
46120Wholesale trade
70200Business and other management consultancy
90201Performing arts by independent artists
59201Sound recording
59202Motion picture, video and television programme production, sound recording and music publishing activities
59203Motion picture, video and television programme production, sound recording and music publishing activities
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.