Spectrum
ActiveThe computed 12-month bankruptcy probability of Spectrum is 4.7% (elevated). The 2024 annual accounts show equity of €146k and a net result of €51k. Equity is growing by ~93.3% per year across the filed fiscal years. Its solvency ranks better than 57% of 18939 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
84
/ 100
Excellent▲ +31 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency60▲+18
Growth78=
Stability100
Bankruptcy probability, 12 months
4.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 0.76 in 2023), and 62.5% 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.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
44 d early
2022
42 d early
2021
19 d early
2020
12 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€146k▲ 53.7%
2023 · €95k
2020: €7k
2021: €-20k
2022: €50k
2023: €95k
2020 → 2024
Total assets
€390k▲ 22.8%
2023 · €318k
2020: €57k
2021: €175k
2022: €300k
2023: €318k
2020 → 2024
Net result
€51k▲ 13.2%
2023 · €45k
2020: €-18k
2021: €-28k
2022: €70k
2023: €45k
2020 → 2024
Working capital
€16k
2023 · €-54k
2020: €-8k
2021: €-145k
2022: €-119k
2023: €-54k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€-20k€50k€95k▲ 90.3%€146k▲ 53.7%
Operating result€-17k-€-28k▼ 60.3%€70k€59k▼ 15.6%€74k▲ 24.5%
Net result€-18k-€-28k▼ 56.7%€70k€45k▼ 35.6%€51k▲ 13.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 25% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €390k
Fixed assets
€130k▼ 12.5%
Current assets
€260k▲ 54.0%
Equity and liabilities €390k
Equity
€146k▲ 53.7%
Debt
€244k▲ 9.6%
The debt ratio falls from 70.0% to 62.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€101k▲
2023 · €86k
Cash flow
€79k▲
2023 · €72k
Solvency
37.5%▲
2023 · 30.0%
Current ratio
1.07▲
2023 · 0.76
Quick ratio
0.72▲
2023 · 0.45
Debt / equity
1.67▼
2023 · 2.34
ROE
34.9%▼
2023 · 47.4%
ROA
13.1%▼
2023 · 14.2%
Interest coverage
10.99▼
2023 · 20.47
Debt
€244k▲
2023 · €222k
Debt ≤ 1 year
€244k▲
2023 · €222k
Income taxes
€13k▲
2023 · €10k
Staff costs
€5k▲
2023 · €3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€318k€390k▲
Fixed assets21/28€149k€130k▼
Intangible fixed assets21€20k€15k▼
Tangible fixed assets22/27€128k€114k▼
Plant, machinery and equipment23€25k€19k▼
Other tangible fixed assets26€103k€95k▼
Financial fixed assets28€500€1k▲
Current assets29/58€169k€260k▲
Stocks and contracts in progress3€69k€83k▲
Stocks30/36€69k€83k▲
Amounts receivable within one year40/41€19k€25k▲
Trade receivables40€19k€25k▲
Cash at bank and in hand54/58€76k€144k▲
Deferred charges and accrued income490/1€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€318k€390k▲
Equity10/15€95k€146k▲
Contributions10/11€25k€25k=
Reserves13€70k€121k▲
Distributable reserves133€70k€121k▲
Amounts payable17/49€222k€244k▲
Amounts payable within one year42/48€222k€244k▲
Trade debts44€8k€13k▲
Suppliers440/4€8k€13k▲
Advances received on contracts in progress46-€13k
Taxes, remuneration and social security45€12k€13k▲
Taxes450/3€11k€12k▲
Remuneration and social security454/9€748€520▼
Other amounts payable47/48€202k€205k▲
Income statement
Code20232024
Remuneration, social security and pensions62€3k€5k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€28k▲
Other operating charges640/8€6k€6k▼
Non-recurring operating charges66A-€1k
Gross operating margin9900€95k€113k▲
Operating profit (loss)9901€59k€74k▲
Financial income75/76B€160€178▲
Recurring financial income75€160€178▲
Financial charges65/66B€4k€9k▲
Recurring financial charges65€4k€9k▲
Profit (loss) for the period before taxes9903€55k€65k▲
Income taxes67/77€10k€13k▲
Profit (loss) for the period9904€45k€51k▲
Profit (loss) for the period to be appropriated9905€45k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€51k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€45k€51k▲
To other reserves6921€45k€51k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €146k ▲53.7%
3 profitable years in a row build equity to €146k.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €70k
Net result €70k after 2 loss-making years.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
19-07
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.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Mechelen · 2 establishment units since 2019
Ground area
2.5 ha
Building footprint
2,564 m²
Volume, LiDAR
17,572 m³
3 parcels, Flanders · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Spectrum
since 20192.288.565.342
The Bottle
since 20222.338.473.624
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403E0903/00V000 | Flanders | 2.5 ha | 1 · 2,419 m² | 8.0 m · 2 fl. |
| 12402B0354/00M000 | Flanders | 243 m² | 1 · 47 m² | 7.0 m · 1 fl. |
| 12025E0530/00A000 | Flanders | 103 m² | 1 · 98 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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).
Similar companies · same sector, comparable size
SERCO
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D&M Barbeque
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CAESAR CATERING
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Belgobon
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Schaarbeek · Eq €146k
Of 7,482 companies in sector 56210 we hold annual accounts for 2,428. 1,868 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-2019
Fiscal year end31-12
Activities, NACEBEL
56210Event catering
56301Cafés and bars
46170Agents in the wholesale of food, beverages and tobacco
47120Other non-specialised retail sale
47251Retail sale of wines and spirits
47910Retail trade
70200Business and other management consultancy
70220Business consulting
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 09-09-2026. Scores and ratios are computed by Checked and are not a credit decision.