TaxPulse
ActiveTaxPulse has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €282k and a net result of €82k. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 24% of 12627 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
91
/ 100
Excellent▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency49▲+18
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.39 in 2024), but 75% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
25%
Return on assets
7.3%
Age of the figures
8 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 12627 sector peers (2025).
NBB · sector comparisonPosition among 12627 sector peers
Solvency
better than 24%
← weakest
strongest →
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 26-07-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
31 d late
2023
11 d late
2022
30 d late
2021
30 d late
2020
18 d late
2019
30 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€282k▲ 41.3%
2024 · €199k
2018: €51k
2019: €51k
2020: €76k
2021: €98k
2022: €119k
2023: €127k
2024: €199k
2018 → 2025
Total assets
€1.13M▼ 1.7%
2024 · €1.14M
2018: €72k
2019: €69k
2020: €140k
2021: €143k
2022: €161k
2023: €162k
2024: €1.14M
2018 → 2025
Net result
€82k▲ 14.5%
2024 · €72k
2018: €8k
2019: €675
2020: €25k
2021: €22k
2022: €21k
2023: €8k
2024: €72k
2018 → 2025
Working capital
€169k▲ 91.6%
2024 · €88k
2018: €22k
2019: €18k
2020: €14k
2021: €4k
2022: €33k
2023: €47k
2024: €88k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€98k-€119k▲ 21.4%€127k▲ 6.8%€199k▲ 56.6%€282k▲ 41.3%
Operating result€23k-€25k▲ 10.0%€11k▼ 57.1%€130k▲ 1,103%€140k▲ 8.0%
Net result€22k-€21k▼ 3.5%€8k▼ 61.4%€72k▲ 788%€82k▲ 14.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 8% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.13M
Fixed assets
€636k▼ 23.5%
Current assets
€489k▲ 56.2%
Equity and liabilities €1.13M
Equity
€282k▲ 41.3%
Debt
€844k▼ 10.8%
The debt ratio falls from 82.6% to 75.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€336k▲
2024 · €281k
Cash flow
€278k▲
2024 · €223k
Solvency
25.0%▲
2024 · 17.4%
Current ratio
1.53▲
2024 · 1.39
Quick ratio
1.53▲
2024 · 1.39
Debt / equity
3.00▼
2024 · 4.75
ROE
29.3%▼
2024 · 36.1%
ROA
7.3%▲
2024 · 6.3%
Interest coverage
12.31▲
2024 · 10.49
Debt
€844k▼
2024 · €945k
Debt ≤ 1 year
€320k▲
2024 · €225k
Debt > 1 year
€521k▼
2024 · €712k
Income taxes
€37k▲
2024 · €32k
Staff costs
€208k▲
2024 · €135k
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€1.14M€1.13M▼
Fixed assets21/28€832k€636k▼
Intangible fixed assets21€765k€585k▼
Tangible fixed assets22/27€67k€51k▼
Furniture and vehicles24€3k€967▼
Other tangible fixed assets26€64k€50k▼
Current assets29/58€313k€489k▲
Amounts receivable within one year40/41€182k€207k▲
Trade receivables40€180k€182k▲
Other amounts receivable41€3k€25k▲
Current investments50/53€100k€30k▼
Cash at bank and in hand54/58€28k€248k▲
Deferred charges and accrued income490/1€2k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.13M▼
Equity10/15€199k€282k▲
Contributions10/11€19k€19k=
Reserves13€97k€177k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€95k€177k▲
Profit (loss) carried forward14€84k€86k▲
Amounts payable17/49€945k€844k▼
Amounts payable after more than one year17€712k€521k▼
Financial debts170/4€712k€521k▼
Amounts payable within one year42/48€225k€320k▲
Current portion of amounts payable after more than one year42€117k€191k▲
Trade debts44€44k€58k▲
Suppliers440/4€44k€58k▲
Taxes, remuneration and social security45€54k€65k▲
Taxes450/3€41k€42k▲
Remuneration and social security454/9€14k€23k▲
Other amounts payable47/48€10k€7k▼
Accrued charges and deferred income492/3€9k€3k▼
Income statement
Code20242025
Non-recurring operating income76A-€56k
Remuneration, social security and pensions62€135k€208k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€151k€195k▲
Other operating charges640/8€21k€3k▼
Gross operating margin9900€437k€546k▲
Operating profit (loss)9901€130k€140k▲
Financial income75/76B€662€6k▲
Recurring financial income75€662€6k▲
Financial charges65/66B€27k€27k▲
Recurring financial charges65€27k€27k▲
Profit (loss) for the period before taxes9903€104k€119k▲
Income taxes67/77€32k€37k▲
Profit (loss) for the period9904€72k€82k▲
Profit (loss) for the period to be appropriated9905€72k€82k▲
Appropriation of the result
Profit (loss) to be appropriated9906€154k€166k▲
Profit (loss) brought forward from the previous period14P€82k€84k▲
Transfer to equity691/2€70k€80k▲
To other reserves6921€70k€80k▲
The notes to these accounts (11 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
26-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €82k ▲14.5%
Operating result €140k, net result €82k, both a record.
31-12
Financial
Equity above €200kEq €282k ▲41.3%
8 profitable years in a row build equity to €282k.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Equity above €150kEq €199k ▲56.6%
7 profitable years in a row build equity to €199k.
11-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 11 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Equity above €100kEq €119k ▲21.4%
5 profitable years in a row build equity to €119k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
30-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 30 days late
2019
31-12
Financial
Weakest financial yearnet €675 ▼92%
Net result drops to €675, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
29-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
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
4 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, Thuin · 2 establishment units since 2011
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.
Rue de Marchienne(GOZ) 1016534 ThuinGround area
1,908 m²
Building footprint
336 m²
Volume, LiDAR
2,419 m³
2 parcels, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
TaxPulse (Fiduciaire Verhasselt & Associés)
since 20112.282.808.490
TaxPulse (Fiduciaire Verhasselt & Associés)
since 20172.282.938.352
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56030B0181/00E000 | Wallonia | 1,642 m² | 1 · 176 m² | 9.7 m · 3 fl. |
| 56073E0861/00D000 | Wallonia | 266 m² | 1 · 160 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
648800S1LT1MQ4T8CT20
Similar companies · same sector, comparable size
GYSEN EN VAN EYCKEN
BE 0426.698.941
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Nancy Van de Voorde
BE 0801.456.164
Gent · Eq €282k
ACE-CONSULTING
BE 0866.280.769
Hasselt · Eq €281k
NatCoFisc
BE 0772.514.037
Sint-Gillis-Waas · Eq €281k
ATRIUM
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Jette · Eq €282k
Of 12,122 companies in sector 69201 we hold annual accounts for 7,601. 6,088 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-03-2011
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.