THE FOX
ActiveTHE FOX has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.11M and a net result of €129k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 18942 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €90k at 30 days acceptable
Liquidity ample (current ratio 4.73 against 6.47 in 2023; short-term debt: 7.1% and cash: 25.4% of total assets), and 18.4% 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+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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
81.6%
Return on assets
9.5%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
2 d late
2022
18 d late
2021
34 d early
2020
6 d late
2019
55 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1.11M▲ 13.2%
2023 · €981k
2018: €469k
2019: €550k
2020: €602k
2021: €965k
2022: €950k
2023: €981k
2018 → 2024
Total assets
€1.36M▲ 8.2%
2023 · €1.26M
2018: €809k
2019: €802k
2020: €788k
2021: €1.05M
2022: €1.04M
2023: €1.26M
2018 → 2024
Net result
€129k▲ 124%
2023 · €58k
2018: €35k
2019: €80k
2020: €52k
2021: €421k
2022: €10k
2023: €58k
2018 → 2024
Working capital
€362k▼ 19.5%
2023 · €450k
2018: €-132k
2019: €-33k
2020: €5k
2021: €397k
2022: €414k
2023: €450k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€602k-€965k▲ 60.3%€950k▼ 1.5%€981k▲ 3.2%€1.11M▲ 13.2%
Operating result€88k-€78k▼ 11.9%€98k▲ 26.9%€91k▼ 7.0%€107k▲ 17.2%
Net result€52k-€421k▲ 704%€10k▼ 97.7%€58k▲ 501%€129k▲ 124%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 17% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.36M
Fixed assets
€902k▲ 24.2%
Current assets
€459k▼ 13.7%
Equity and liabilities €1.36M
Equity
€1.11M▲ 13.2%
Debt
€251k▼ 9.4%
The debt ratio falls from 22.0% to 18.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€130k▲
2023 · €124k
Cash flow
€152k▲
2023 · €90k
Solvency
81.6%▲
2023 · 78.0%
Current ratio
4.73▼
2023 · 6.47
Quick ratio
4.73▼
2023 · 6.47
Debt / equity
0.23▼
2023 · 0.28
ROE
11.6%▲
2023 · 5.9%
ROA
9.5%▲
2023 · 4.6%
Interest coverage
9.87▼
2023 · 20.71
Debt
€251k▼
2023 · €277k
Debt ≤ 1 year
€97k▲
2023 · €82k
Debt > 1 year
€154k▼
2023 · €190k
Income taxes
€39k▲
2023 · €29k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.26M€1.36M▲
Formation expenses20€304€304=
Fixed assets21/28€726k€902k▲
Tangible fixed assets22/27€410k€586k▲
Land and buildings22€405k€586k▲
Furniture and vehicles24€4k-
Other tangible fixed assets26€2k-
Financial fixed assets28€316k€316k=
Current assets29/58€532k€459k▼
Amounts receivable within one year40/41€116k€90k▼
Trade receivables40€19k€25k▲
Other amounts receivable41€97k€64k▼
Current investments50/53€330k€24k▼
Cash at bank and in hand54/58€86k€345k▲
Equity and liabilities
Total equity and liabilities10/49€1.26M€1.36M▲
Equity10/15€981k€1.11M▲
Contributions10/11€151k€151k=
Reserves13€830k€959k▲
Distributable reserves133€830k€959k▲
Amounts payable17/49€277k€251k▼
Amounts payable after more than one year17€190k€154k▼
Financial debts170/4€190k€154k▼
Amounts payable within one year42/48€82k€97k▲
Current portion of amounts payable after more than one year42-€36k
Financial debts43€20k€20k=
Other loans439€20k€20k=
Trade debts44€4k€5k▲
Suppliers440/4€4k€5k▲
Taxes, remuneration and social security45€13k€22k▲
Taxes450/3€13k€22k▲
Other amounts payable47/48€46k€14k▼
Accrued charges and deferred income492/3€5k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€23k▼
Other operating charges640/8€11k€8k▼
Gross operating margin9900€134k€138k▲
Operating profit (loss)9901€91k€107k▲
Financial income75/76B€850€74k▲
Recurring financial income75€850€69k▲
Non-recurring financial income76B-€5k
Financial charges65/66B€6k€13k▲
Recurring financial charges65€6k€13k▲
Profit (loss) for the period before taxes9903€86k€168k▲
Income taxes67/77€29k€39k▲
Profit (loss) for the period9904€58k€129k▲
Profit (loss) for the period to be appropriated9905€58k€129k▲
Appropriation of the result
Profit (loss) to be appropriated9906€58k€129k▲
Transfer from equity791/2€27k-
Transfer to equity691/2€58k€129k▲
To the legal reserve6920€58k€129k▲
Profit to be distributed694/7€27k-
Return on contributions (dividend)694€27k-
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €1MEq €1.11M ▲13.2%
7 profitable years in a row build equity to €1.11M.
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
31-12
Financial
Weakest financial yearnet €10k ▼97.7%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €421k ▲704%
Net result €421k, the highest in the series.
31-12
Financial
Liquidity times 6current ratio 5.75
Current ratio from 1.03 to 5.75; short-term debt falls from €172k to €83k.
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
31-12
Financial
Equity above €500kEq €550k ▲17.1%
2 profitable years in a row build equity to €550k.
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 43 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Aalst · 1 establishment unit since 1982
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.
Parklaan 609300 AalstGround area
270 m²
Building footprint
202 m²
Volume, LiDAR
1,669 m³
Parcel 41002B0460/00K002, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
The Fox
since 19822.020.843.560
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002B0460/00K002 | Flanders | 270 m² | 1 · 202 m² | 11.2 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 1,121 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-01-1982
Fiscal year end31-12
Activities, NACEBEL
55401
56301Cafés and bars
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.