SR-FINANCE
ActiveSR-FINANCE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €561k and a net result of €-69k. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 3102 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-14
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 10.5 against 13.63 in 2024; short-term debt: 5.8% and cash: 56.2% of total assets), and 6.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 01
Relative position
BE, all sectors
reference
Sector 01
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
93.9%
Return on assets
-11.5%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-69k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
11 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
61 d late
2020
27 d late
2019
26 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€561k▼ 10.9%
2024 · €630k
2018: €767k
2019: €722k
2020: €708k
2021: €686k
2022: €664k
2023: €633k
2024: €630k
2018 → 2025
Total assets
€597k▼ 9.8%
2024 · €662k
2018: €813k
2019: €726k
2020: €711k
2021: €740k
2022: €709k
2023: €673k
2024: €662k
2018 → 2025
Net result
€-69k▼ 1,778%
2024 · €-4k
2018: €-80k
2019: €-45k
2020: €-14k
2021: €-21k
2022: €-22k
2023: €-31k
2024: €-4k
2018 → 2025
Working capital
€327k▼ 20.1%
2024 · €409k
2018: €621k
2019: €589k
2020: €584k
2021: €487k
2022: €468k
2023: €449k
2024: €409k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€686k-€664k▼ 3.2%€633k▼ 4.6%€630k▼ 0.6%€561k▼ 10.9%
Operating result€-27k-€-29k▼ 5.6%€-35k▼ 19.5%€-19k▲ 45.9%€-44k▼ 133%
Net result€-21k-€-22k▼ 3.4%€-31k▼ 39.2%€-4k▲ 88.1%€-69k▼ 1,778%
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 €44k in 2025 against €19k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €597k
Fixed assets
€237k▲ 7.1%
Current assets
€361k▼ 18.2%
Equity and liabilities €597k
Equity
€561k▼ 10.9%
Debt
€37k▲ 13.0%
The debt ratio rises from 4.9% to 6.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-43k▼
2024 · €-17k
Cash flow
€-69k▼
2024 · €-1k
Solvency
93.9%▼
2024 · 95.1%
Current ratio
10.50▼
2024 · 13.63
Quick ratio
10.50▼
2024 · 13.13
Debt / equity
0.07▲
2024 · 0.05
ROE
-12.3%▼
2024 · -0.6%
ROA
-11.5%▼
2024 · -0.6%
Interest coverage
-1.57▲
2024 · -38.52
Debt
€37k▲
2024 · €32k
Debt ≤ 1 year
€34k▲
2024 · €32k
Income taxes
€454▼
2024 · €544
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€662k€597k▼
Fixed assets21/28€221k€237k▲
Tangible fixed assets22/27€221k€237k▲
Land and buildings22€60k€60k=
Plant, machinery and equipment23€161k€177k▲
Current assets29/58€441k€361k▼
Stocks and contracts in progress3€16k€0▼
Contracts in progress37€16k€0▼
Amounts receivable within one year40/41€11k€5k▼
Trade receivables40€110€0▼
Other amounts receivable41€11k€5k▼
Current investments50/53€44k€20k▼
Cash at bank and in hand54/58€369k€336k▼
Deferred charges and accrued income490/1€952€53▼
Equity and liabilities
Total equity and liabilities10/49€662k€597k▼
Equity10/15€630k€561k▼
Contributions10/11€12k€12k=
Reserves13€617k€548k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€20k€20k=
Distributable reserves133€596k€527k▼
Amounts payable17/49€32k€37k▲
Amounts payable within one year42/48€32k€34k▲
Financial debts43€261€0▼
Credit institutions430/8€261€0▼
Trade debts44€782€253▼
Suppliers440/4€782€253▼
Other amounts payable47/48€31k€34k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Non-recurring operating income76A€1k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€358▼
Other operating charges640/8€5k€2k▼
Gross operating margin9900€-11k€-41k▼
Operating profit (loss)9901€-19k€-44k▼
Financial income75/76B€16k€3k▼
Recurring financial income75€16k€3k▼
Financial charges65/66B€431€28k▲
Recurring financial charges65€431€28k▲
Profit (loss) for the period before taxes9903€-3k€-68k▼
Income taxes67/77€544€454▼
Profit (loss) for the period9904€-4k€-69k▼
Profit (loss) for the period to be appropriated9905€-4k€-69k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-69k▼
Transfer from equity791/2€4k€69k▲
The notes to these accounts (7 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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 653.01
Current ratio from 274.38 to 653.01; short-term debt falls from €2k to €896.
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
31-12
Financial
Liquidity times 18current ratio 274.38
Current ratio from 15.01 to 274.38; short-term debt falls from €44k to €2k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Sint-Truiden · 1 establishment unit since 2004
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.
Roosbeekstraat 1103800 Sint-TruidenGround area
1,110 m²
Building footprint
124 m²
Volume, LiDAR
763 m³
Parcel 71064A0821/00B000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SR-FINANCE BVBA
since 20042.134.948.125
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71064A0821/00B000 | Flanders | 1,110 m² | 1 · 124 m² | 8.9 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.
Recognitions · licences · registrations
Legal Entity Identifier
9676006J2ERK71XLMM24
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Of 1,958 companies in sector 01430 we hold annual accounts for 743. 449 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-2003
Fiscal year end31-12
Activities, NACEBEL
01430Raising of horses and other equines
46231Wholesale of live animals
47762Retail sale of pets, pet food and pet supplies
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 22 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.