't Aandeel
Active't Aandeel has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €207k and a net result of €-20k. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 73% of 13270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
52
/ 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
Profitability12=
Solvency82▼-7
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.17 against 2.66 in 2024; short-term debt: 43.2% and cash: 19.4% of total assets), and 43.2% 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+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 →
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
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
56.8%
Return on assets
-5.5%
Age of the figures
15 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
19202122232425
2019 to 2025 · latest year €-20k
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 04-02-2026, 4 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
4 d late
2024
18 d late
2023
5 d late
2022
28 d late
2021
4 d late
2020
8 d late
2019
20 d late
← 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 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€207k▼ 29.1%
2024 · €292k
2019: €208k
2020: €218k
2021: €236k
2022: €284k
2023: €315k
2024: €292k
2019 → 2025
Total assets
€364k▼ 20.6%
2024 · €459k
2019: €318k
2020: €307k
2021: €321k
2022: €408k
2023: €448k
2024: €459k
2019 → 2025
Net result
€-20k▲ 14.1%
2024 · €-23k
2019: €24k
2020: €9k
2021: €18k
2022: €48k
2023: €32k
2024: €-23k
2019 → 2025
Working capital
€184k▼ 30.9%
2024 · €267k
2019: €203k
2020: €208k
2021: €228k
2022: €257k
2023: €285k
2024: €267k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€236k-€284k▲ 20.4%€315k▲ 11.1%€292k▼ 7.4%€207k▼ 29.1%
Operating result€16k-€54k▲ 229%€51k▼ 5.2%€-23k€-24k▼ 3.1%
Net result€18k-€48k▲ 170%€32k▼ 34.2%€-23k€-20k▲ 14.1%
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 €24k in 2025 against €23k 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 €364k
Fixed assets
€23k▼ 26.9%
Current assets
€342k▼ 20.1%
Equity and liabilities €364k
Equity
€207k▼ 29.1%
Debt
€157k▼ 5.7%
The debt ratio rises from 36.4% to 43.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-10k▼
2024 · €-10k
Cash flow
€-7k▲
2024 · €-10k
Solvency
56.8%▼
2024 · 63.6%
Current ratio
2.17▼
2024 · 2.66
Quick ratio
1.87▼
2024 · 2.37
Debt / equity
0.76▲
2024 · 0.57
ROE
-9.6%▼
2024 · -7.9%
ROA
-5.5%▼
2024 · -5.1%
Interest coverage
-5.22▲
2024 · -7.04
Debt
€157k▼
2024 · €167k
Debt ≤ 1 year
€157k▼
2024 · €161k
Income taxes
€1k▼
2024 · €2k
Staff costs
€74k▼
2024 · €75k
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€459k€364k▼
Fixed assets21/28€31k€23k▼
Tangible fixed assets22/27€31k€23k▼
Plant, machinery and equipment23€9k€9k▼
Furniture and vehicles24€22k€13k▼
Current assets29/58€428k€342k▼
Amounts receivable after more than one year29€137k€137k=
Other amounts receivable291€137k€137k=
Stocks and contracts in progress3€47k€47k▼
Stocks30/36€47k€47k▼
Amounts receivable within one year40/41€90k€80k▼
Other amounts receivable41€90k€80k▼
Cash at bank and in hand54/58€154k€71k▼
Deferred charges and accrued income490/1-€8k
Equity and liabilities
Total equity and liabilities10/49€459k€364k▼
Equity10/15€292k€207k▼
Contributions10/11€29k€29k=
Reserves13€130k€65k▼
Tax-exempt reserves132€31k€31k=
Distributable reserves133€100k€35k▼
Profit (loss) carried forward14€133k€113k▼
Amounts payable17/49€167k€157k▼
Amounts payable after more than one year17€6k-
Financial debts170/4€6k-
Amounts payable within one year42/48€161k€157k▼
Current portion of amounts payable after more than one year42€9k€6k▼
Financial debts43€2k€3k▲
Credit institutions430/8€2k€3k▲
Trade debts44€75k€7k▼
Suppliers440/4€75k€7k▼
Taxes, remuneration and social security45€15k€14k▼
Taxes450/3€7k€10k▲
Remuneration and social security454/9€8k€4k▼
Other amounts payable47/48€60k€127k▲
Income statement
Code20242025
Remuneration, social security and pensions62€75k€74k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▲
Other operating charges640/8€2k€8k▲
Non-recurring operating charges66A€1k-
Gross operating margin9900€69k€71k▲
Operating profit (loss)9901€-23k€-24k▼
Financial income75/76B€3k€7k▲
Recurring financial income75€3k€7k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-21k€-19k▲
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€-23k€-20k▲
Profit (loss) for the period to be appropriated9905€-23k€-20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€133k€113k▼
Profit (loss) brought forward from the previous period14P€156k€133k▼
Transfer from equity791/2-€65k
Profit to be distributed694/7-€65k
Return on contributions (dividend)694-€65k
The notes to these accounts (8 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
04-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
18-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
30-06
Financial
Weakest financial yearnet €-23k ▼173%
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
05-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 5 days late
2023
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
30-06
Financial
Highest result since 2019net €48k ▲170%
Operating result €54k, net result €48k, both a record.
04-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
08-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 8 days late
2020
20-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
23-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
30-01
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
3 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, Halle · 1 establishment unit since 1993
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.
Arkenvest 51500 HalleGround area
700 m²
Building footprint
364 m²
Volume, LiDAR
3,464 m³
Parcel 23027G0609/00F002, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Arkenvest 5, 1500 Halle
since 19932.062.705.493
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23027G0609/00F002 | Flanders | 700 m² | 1 · 364 m² | 13.3 m · 3 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
Food safety, FASFC
1 siteHalle2.062.705.493
Legal Entity Identifier
5493008ELIJTZGBP6E28
Similar companies · same sector, comparable size
DEBO SERVICES
BE 0863.839.537
Malle · Eq €207k
O2G
BE 0860.651.306
Tongeren-Borgloon · Eq €207k
BALCOO
BE 0476.543.875
Leuze-en-Hainaut · Eq €207k
LA BRACE
BE 0479.703.701
Soignies · Eq €207k
SeGal+
BE 0662.647.679
Zonhoven · Eq €207k
Of 20,495 companies in sector 56111 we hold annual accounts for 11,458. 8,476 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-1993
Fiscal year end30-06
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 32 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.