SPECS
ActiveSPECS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15k and a net result of €-7k. Equity is shrinking by ~17.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 88% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
60
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Stability94
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 9.39 against 6.45 in 2024), and 10% 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 62
Relative position
BE, all sectors
reference
Sector 62
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
90%
Return on assets
-43.6%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year -€7k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
5 d early
2024
4 d early
2023
58 d early
2022
127 d early
2021
52 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€15k▼ 32.6%
2024 · €22k
2021: €35k
2022: €36k
2023: €42k
2024: €22k
2021 → 2025
Total assets
€16k▼ 35.8%
2024 · €25k
2021: €54k
2022: €45k
2023: €51k
2024: €25k
2021 → 2025
Net result
€-7k▲ 65.5%
2024 · €-20k
2021: €32k
2022: €807
2023: €6k
2024: €-20k
2021 → 2025
Working capital
€14k▼ 30.7%
2024 · €20k
2021: €34k
2022: €30k
2023: €28k
2024: €20k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€36k▲ 2.3%€42k▲ 17.6%€22k▼ 48.6%€15k▼ 32.6%
Operating result€41k-€1k▼ 96.9%€8k▲ 520%€-11k€-7k▲ 33.4%
Net result€32k-€807▼ 97.5%€6k▲ 677%€-20k€-7k▲ 65.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2025 against €11k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16k
Fixed assets
€993▼ 51.2%
Current assets
€15k▼ 34.4%
Equity and liabilities €16k
Equity
€15k▼ 32.6%
Debt
€2k▼ 55.0%
The debt ratio falls from 14.3% to 10.0%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-6k▲
2024 · €-9k
Cash flow
€-6k▲
2024 · €-19k
Solvency
90.0%▲
2024 · 85.7%
Current ratio
9.39▲
2024 · 6.45
Quick ratio
9.39▲
2024 · 6.45
Debt / equity
0.11▼
2024 · 0.17
ROE
-48.4%▲
2024 · -94.5%
ROA
-43.6%▲
2024 · -81.0%
Interest coverage
-22.38▼
2024 · -0.85
Debt
€2k▼
2024 · €4k
Debt ≤ 1 year
€2k▼
2024 · €4k
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€25k€16k▼
Fixed assets21/28€2k€993▼
Tangible fixed assets22/27€2k€993▼
Furniture and vehicles24€2k€993▼
Current assets29/58€23k€15k▼
Amounts receivable after more than one year29€22k€13k▼
Other amounts receivable291€22k€13k▼
Amounts receivable within one year40/41€79€945▲
Trade receivables40-€850
Other amounts receivable41€79€95▲
Cash at bank and in hand54/58€1k€828▼
Equity and liabilities
Total equity and liabilities10/49€25k€16k▼
Equity10/15€22k€15k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€19k€12k▼
Amounts payable17/49€4k€2k▼
Amounts payable within one year42/48€4k€2k▼
Trade debts44€836€2k▲
Suppliers440/4€836€2k▲
Other amounts payable47/48€3k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€384€387▲
Gross operating margin9900€-8k€-6k▲
Operating profit (loss)9901€-11k€-7k▲
Financial income75/76B€517€308▼
Recurring financial income75€517€308▼
Financial charges65/66B€10k€269▼
Recurring financial charges65€10k€269▼
Profit (loss) for the period before taxes9903€-20k€-7k▲
Profit (loss) for the period9904€-20k€-7k▲
Profit (loss) for the period to be appropriated9905€-20k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€12k▼
Profit (loss) brought forward from the previous period14P€39k€19k▼
The notes to these accounts (4 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
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €-20k ▼425%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
2023
04-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
10-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Watermaal-Bosvoorde · 1 establishment unit since 2020
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.
Berensheide 501170 Watermaal-BosvoordeGround area
162 m²
Building footprint
162 m²
Volume, LiDAR
1,813 m³
Parcel 21017D0345/00B000, Brussels · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
SPECS
since 20202.311.256.909
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0345/00B000 | Brussels | 162 m² | 1 · 162 m² | 14.2 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.
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Of 16,813 companies in sector 62100 we hold annual accounts for 8,747. 5,165 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2020
Fiscal year end30-06
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62100Computer programming
58290Other software publishing
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.