STUDENT AID
ActiveSTUDENT AID has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €190k and a net result of €16k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 34% of 920 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
84
/ 100
Excellent▲ +11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▲+35
Solvency65▼-2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 6.67 against 2.15 in 2024), but 72.2% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
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
27.8%
Return on assets
2.4%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
28 d late
2023
29 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
63 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16k▲ 425%
2024 · €3k
2018: €-13k
2019: €11k
2020: €9k
2021: €11k
2022: €13k
2023: €13k
2024: €3k
2018 → 2025
Working capital
€531k▲ 82.1%
2024 · €291k
2018: €95k
2019: €-131k
2020: €169k
2021: €482k
2022: €362k
2023: €414k
2024: €291k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€164k-€177k▲ 7.7%€190k▲ 7.4%€183k▼ 3.6%€190k▲ 3.4%
Operating result€17k-€22k▲ 29.4%€28k▲ 29.5%€8k▼ 70.1%€19k▲ 122%
Net result€11k-€13k▲ 15.4%€13k▲ 3.6%€3k▼ 76.4%€16k▲ 425%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 122% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €681k
Fixed assets
€57k▼ 38.5%
Current assets
€624k▲ 14.7%
Equity and liabilities €681k
Equity
€190k▲ 3.4%
Debt
€491k▲ 8.4%
The debt ratio rises from 71.2% to 72.2%: debt grows faster than equity.
Key figures and ratios
EBITDA
€54k▼
2024 · €97k
Cash flow
€52k▼
2024 · €91k
Solvency
27.8%▼
2024 · 28.8%
Current ratio
6.67▲
2024 · 2.15
Quick ratio
6.67▲
2024 · 2.15
Debt / equity
2.59▲
2024 · 2.47
ROE
8.6%▲
2024 · 1.7%
ROA
2.4%▲
2024 · 0.5%
Interest coverage
6.05▼
2024 · 7.64
Debt
€491k▲
2024 · €453k
Debt ≤ 1 year
€94k▼
2024 · €253k
Debt > 1 year
€388k▲
2024 · €188k
Income taxes
€7k▲
2024 · €1k
Staff costs
€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€637k€681k▲
Fixed assets21/28€92k€57k▼
Intangible fixed assets21€91k€56k▼
Tangible fixed assets22/27€2k€747▼
Plant, machinery and equipment23€1k€477▼
Furniture and vehicles24€754€270▼
Current assets29/58€544k€624k▲
Amounts receivable after more than one year29€279k€454k▲
Other amounts receivable291€279k€454k▲
Amounts receivable within one year40/41€182k€128k▼
Trade receivables40€165k€116k▼
Other amounts receivable41€17k€12k▼
Cash at bank and in hand54/58€78k€3k▼
Deferred charges and accrued income490/1€5k€40k▲
Equity and liabilities
Total equity and liabilities10/49€637k€681k▲
Equity10/15€183k€190k▲
Contributions10/11€162k€162k=
Capital10€162k€162k=
Issued capital100€162k€162k=
Reserves13€933€2k▲
Non-distributable reserves130/1€933€2k▲
Legal reserve130€933€2k▲
Profit (loss) carried forward14€20k€26k▲
Amounts payable17/49€453k€491k▲
Amounts payable after more than one year17€188k€388k▲
Financial debts170/4€188k€388k▲
Amounts payable within one year42/48€253k€94k▼
Current portion of amounts payable after more than one year42€137k€63k▼
Trade debts44€74k€20k▼
Suppliers440/4€74k€20k▼
Taxes, remuneration and social security45€32k€1k▼
Taxes450/3€32k€1k▼
Other amounts payable47/48€10k€10k=
Accrued charges and deferred income492/3€13k€10k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€88k€36k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€98k€60k▼
Operating profit (loss)9901€8k€19k▲
Financial income75/76B€9k€13k▲
Recurring financial income75€9k€13k▲
Financial charges65/66B€13k€9k▼
Recurring financial charges65€13k€9k▼
Profit (loss) for the period before taxes9903€5k€23k▲
Income taxes67/77€1k€7k▲
Profit (loss) for the period9904€3k€16k▲
Profit (loss) for the period to be appropriated9905€3k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€31k€37k▲
Profit (loss) brought forward from the previous period14P€27k€20k▼
Transfer to equity691/2€155€814▲
To the legal reserve6920€155€814▲
Profit to be distributed694/7€10k€10k=
Return on contributions (dividend)694€10k€10k=
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 26 days late
2025
31-12
Financial
Highest result since 2018net €16k ▲425%
Net result €16k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 6.67
Current ratio from 2.15 to 6.67; short-term debt falls from €253k to €94k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 4.87
Current ratio from 2.02 to 4.87; short-term debt falls from €166k to €125k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 2.02
Current ratio from 0.73 to 2.02; short-term debt falls from €487k to €166k.
31-12
Financial
Equity above €150kEq €153k ▲6.1%
2 profitable years in a row build equity to €153k.
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 63 days late
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2024
This board is reconstructed from a single act (24435513). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
BRUYNEEL Koen Aimé Laura
CurrentDirector · since 10-10-2024
H - IMV CONSULT
CurrentDirector · since 10-10-2024 · Private limited company · perm. rep.: Verheye Wim
PI-WI PROJECTS
CurrentDirector · since 10-10-2024 · Private limited company (pre-2019) · perm. rep.: VAN CAUWENBERGE Wouter Karel Agnes
10-10-2024
BRUYNEEL Koen Aimé Laura: Appointed as Director
10-10-2024
H - IMV CONSULT: Appointed as Director
10-10-2024
PI-WI PROJECTS: Appointed as Director
10-10-2024
VERHEYE William Thomas Nicolas: Resigned as Director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2010
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.
Bruiloftstraat 1279050 GentGround area
3,068 m²
Parcel 44022A0607/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
Student Aid
since 20102.187.523.313
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44022A0607/00H000 | Flanders | 3,068 m² | - | - |
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.
Similar companies · same sector, comparable size
Cornerstone Projects
BE 0738.857.413
Edegem · Eq €190k
POSIWISE
BE 0550.561.409
Brussel · Eq €190k
ToKriKat
BE 0730.624.091
Lier · Eq €190k
Kristof Krol
BE 0820.074.127
Hasselt · Eq €190k
Vlasbloem Consult
BE 0742.842.232
Sint-Niklaas · Eq €190k
Of 24,420 companies in sector 82990 we hold annual accounts for 9,359. 6,922 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-01-2010
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.