THE BEEHIVE
ActiveTHE BEEHIVE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €588k and a net result of €23k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 79% of 682 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-35
Solvency100=
Growth32=
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 2.65 against 2.38 in 2024; short-term debt: 21% and cash: 1.9% of total assets), and 21% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
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
79%
Return on assets
3.1%
Age of the figures
9 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 31-08-2026, 31 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
31 d late
2024
13 d late
2023
7 d late
2022
11 d late
2021
6 d late
2020
1 d early
2019
17 d early
← 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, abbreviated schema
Equity
€588k▲ 4.0%
2024 · €565k
2018: €1.19M
2019: €581k
2020: €377k
2021: €439k
2022: €479k
2023: €501k
2024: €565k
2018 → 2025
Total assets
€745k▲ 1.2%
2024 · €736k
2018: €1.42M
2019: €872k
2020: €688k
2021: €680k
2022: €700k
2023: €730k
2024: €736k
2018 → 2025
Net result
€23k▼ 64.5%
2024 · €64k
2018: €71k
2019: €-614k
2020: €-3k
2021: €61k
2022: €41k
2023: €22k
2024: €64k
2018 → 2025
Working capital
€258k▲ 9.7%
2024 · €236k
2018: €6k
2019: €-27k
2020: €184k
2021: €203k
2022: €222k
2023: €171k
2024: €236k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€439k-€479k▲ 9.3%€501k▲ 4.6%€565k▲ 12.8%€588k▲ 4.0%
Operating result€72k-€48k▼ 34.1%€16k▼ 66.4%€68k▲ 327%€13k▼ 80.6%
Net result€61k-€41k▼ 33.3%€22k▼ 46.4%€64k▲ 193%€23k▼ 64.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 81% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €745k
Fixed assets
€330k=
Current assets
€415k▲ 2.2%
Equity and liabilities €745k
Equity
€588k▲ 4.0%
Debt
€156k▼ 8.3%
The debt ratio falls from 23.2% to 21.0%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
79.0%▲
2024 · 76.8%
Current ratio
2.65▲
2024 · 2.38
Quick ratio
2.65▲
2024 · 2.38
Debt / equity
0.27▼
2024 · 0.30
ROE
3.9%▼
2024 · 11.4%
ROA
3.1%▼
2024 · 8.7%
Debt
€156k▼
2024 · €170k
Debt ≤ 1 year
€156k▼
2024 · €170k
Income taxes
€8k▼
2024 · €23k
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€736k€745k▲
Fixed assets21/28€330k€330k=
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Financial fixed assets28€330k€330k=
Current assets29/58€406k€415k▲
Amounts receivable after more than one year29€268k€268k=
Other amounts receivable291€268k€268k=
Amounts receivable within one year40/41€28k€27k▼
Trade receivables40€28k€25k▼
Other amounts receivable41€0€2k▲
Cash at bank and in hand54/58€24k€14k▼
Deferred charges and accrued income490/1€86k€106k▲
Equity and liabilities
Total equity and liabilities10/49€736k€745k▲
Equity10/15€565k€588k▲
Contributions10/11€882k€882k=
Reserves13€7k€7k=
Non-distributable reserves130/1€7k-
Reserves not available under the articles1311€7k-
Distributable reserves133-€7k
Profit (loss) carried forward14€-324k€-301k▲
Amounts payable17/49€170k€156k▼
Amounts payable within one year42/48€170k€156k▼
Financial debts43€9k-
Credit institutions430/8€9k-
Trade debts44€2k€24k▲
Suppliers440/4€2k€24k▲
Taxes, remuneration and social security45€22k€13k▼
Taxes450/3€22k€13k▼
Other amounts payable47/48€138k€120k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€576-
Other operating charges640/8€534€549▲
Gross operating margin9900€69k€14k▼
Operating profit (loss)9901€68k€13k▼
Financial income75/76B€20k€20k▼
Recurring financial income75€20k€20k▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€87k€31k▼
Income taxes67/77€23k€8k▼
Profit (loss) for the period9904€64k€23k▼
Profit (loss) for the period to be appropriated9905€64k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-324k€-301k▲
Profit (loss) brought forward from the previous period14P€-388k€-324k▲
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 13 days late
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 7 days late
2023
31-12
Financial
Equity above €500kEq €501k ▲4.6%
3 profitable years in a row build equity to €501k.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 11 days late
2022
06-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 6 days late
2021
31-12
Financial
Back to profitnet €61k
Net result €61k after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity triplescurrent ratio 2.20
Current ratio from 0.77 to 2.20.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-614k ▼965%
Net result drops to €-614k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-07
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
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, Borgloon · 1 establishment unit since 2016
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.
Hamstraat 81 C3840 BorgloonGround area
659 m²
Building footprint
146 m²
Volume, LiDAR
858 m³
Parcel 73031C0141/00M000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THE BEEHIVE
since 20162.253.265.953
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73031C0141/00M000 | Flanders | 659 m² | 1 · 146 m² | 9.6 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 237 EUR awarded · 237 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 237 EUR |
| 2022 | 1 | 237 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 13,495 companies in sector 85510 we hold annual accounts for 718. 229 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-05-2016
Fiscal year end31-12
Activities, NACEBEL
85510Sports and recreation education
47279Other retail sale of food
47299Retail trade
47711Retail sale of women's outerwear
64200Holdings
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
82990Other business support services
85599Other education
86909Human health activities
86995Nutrition and dietetics services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.