SPRING '88
ActiveSPRING '88 has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €649k and a net result of €-69k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 57% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-58
Solvency67▼-3
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.16 against 0.31 in 2024; short-term debt: 33.5% and cash: 2.5% of total assets), and 58% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
106 d late
2023
30 d early
2022
24 d early
2021
33 d early
2020
11 d early
2019
102 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€649k▼ 9.6%
2024 · €718k
2018: €706k
2019: €509k
2020: €418k
2021: €512k
2022: €609k
2023: €692k
2024: €718k
2018 → 2025
Total assets
€1.55M▼ 2.8%
2024 · €1.59M
2018: €1.52M
2019: €1.38M
2020: €1.36M
2021: €1.34M
2022: €1.75M
2023: €1.75M
2024: €1.59M
2018 → 2025
Net result
€-69k
2024 · €26k
2018: €18k
2019: €-197k
2020: €-91k
2021: €94k
2022: €90k
2023: €83k
2024: €26k
2018 → 2025
Working capital
€-437k▼ 215%
2024 · €-139k
2018: €10k
2019: €-205k
2020: €-289k
2021: €-275k
2022: €-317k
2023: €-203k
2024: €-139k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€512k-€609k▲ 18.8%€692k▲ 13.7%€718k▲ 3.7%€649k▼ 9.6%
Operating result€112k-€101k▼ 9.7%€96k▼ 5.3%€36k▼ 62.1%€-63k
Net result€94k-€90k▼ 4.1%€83k▼ 7.4%€26k▼ 69.1%€-69k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €63k after €36k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.55M
Fixed assets
€1.47M▼ 4.1%
Current assets
€81k▲ 28.3%
Equity and liabilities €1.55M
Equity
€649k▼ 9.6%
Debt
€898k▲ 2.8%
The debt ratio rises from 54.9% to 58.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-963▼
2024 · €100k
Cash flow
€-6k▼
2024 · €90k
Solvency
42.0%▼
2024 · 45.1%
Current ratio
0.16▼
2024 · 0.31
Quick ratio
0.16▼
2024 · 0.31
Debt / equity
1.38▲
2024 · 1.22
ROE
-10.6%▼
2024 · 3.6%
ROA
-4.4%▼
2024 · 1.6%
Interest coverage
-0.20▼
2024 · 10.43
Debt
€898k▲
2024 · €874k
Debt ≤ 1 year
€518k▲
2024 · €202k
Debt > 1 year
€380k▼
2024 · €672k
Income taxes
€734▼
2024 · €906
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€1.59M€1.55M▼
Fixed assets21/28€1.53M€1.47M▼
Tangible fixed assets22/27€1.53M€1.47M▼
Land and buildings22€1.52M€1.46M▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€8k€5k▼
Current assets29/58€63k€81k▲
Amounts receivable within one year40/41€32k€40k▲
Trade receivables40€32k€38k▲
Other amounts receivable41€3€1k▲
Cash at bank and in hand54/58€27k€39k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.59M€1.55M▼
Equity10/15€718k€649k▼
Contributions10/11€1.04M€1.04M=
Profit (loss) carried forward14€-321k€-389k▼
Amounts payable17/49€874k€898k▲
Amounts payable after more than one year17€672k€380k▼
Financial debts170/4€672k€380k▼
Amounts payable within one year42/48€202k€518k▲
Current portion of amounts payable after more than one year42€26k€0▼
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€6k€5k▼
Taxes450/3€6k€5k▼
Other amounts payable47/48€167k€511k▲
Income statement
Code20242025
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€64k€62k▼
Other operating charges640/8€6k€6k▼
Gross operating margin9900€106k€5k▼
Operating profit (loss)9901€36k€-63k▼
Financial charges65/66B€10k€5k▼
Recurring financial charges65€10k€5k▼
Profit (loss) for the period before taxes9903€27k€-68k▼
Income taxes67/77€906€734▼
Profit (loss) for the period9904€26k€-69k▼
Profit (loss) for the period to be appropriated9905€26k€-69k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-321k€-389k▼
Profit (loss) brought forward from the previous period14P€-347k€-321k▲
The notes to these accounts (6 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 106 days late
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €94k
Net result €94k after 2 loss-making years.
31-12
Financial
Equity above €500kEq €512k ▲22.5%
Equity rises from €418k to €512k.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 102 days late
2019
31-12
Financial
Weakest financial yearnet €-197k ▼1199%
Net result drops to €-197k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Lochristi · 1 establishment unit since 2014
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.
Dorp-Oost 39080 LochristiGround area
166 m²
Building footprint
127 m²
Volume, LiDAR
879 m³
Parcel 44034A1103/00A000, Flanders · tallest building 13.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SPRING '88
since 20142.233.084.510
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44034A1103/00A000 | Flanders | 166 m² | 1 · 127 m² | 13.4 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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JEF REMIJSEN
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LATTESTORE
BE 0648.888.527
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ALL PORTA
BE 0476.972.061
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ZONNETENTENCENTRALE
BE 0460.025.369
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Of 277 companies in sector 47519 we hold annual accounts for 130. 51 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-06-2014
Fiscal year end31-12
Activities, NACEBEL
47519Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0468/114.988