THE ORIGINAL
ActiveTHE ORIGINAL has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €328k and a net result of €-637. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 52% of 11209 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▼-32
Solvency69▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.93 in 2024; short-term debt: 33.6% and cash: 5.4% of total assets), and 55.7% 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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
15 d early
2023
on the day
2022
13 d early
2021
2 d early
2020
5 d early
2019
32 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€328k▼ 0.2%
2024 · €329k
2018: €126k
2019: €160k
2020: €180k
2021: €211k
2022: €213k
2023: €255k
2024: €329k
2018 → 2025
Total assets
€741k▲ 0.5%
2024 · €737k
2018: €676k
2019: €720k
2020: €702k
2021: €715k
2022: €677k
2023: €713k
2024: €737k
2018 → 2025
Net result
€-637
2024 · €74k
2018: €2k
2019: €34k
2020: €21k
2021: €30k
2022: €2k
2023: €42k
2024: €74k
2018 → 2025
Working capital
€-19k▼ 3.4%
2024 · €-18k
2018: €-284k
2019: €-278k
2020: €-84k
2021: €-93k
2022: €-52k
2023: €-135k
2024: €-18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€211k-€213k▲ 1.0%€255k▲ 19.8%€329k▲ 29.0%€328k▼ 0.2%
Operating result€57k-€13k▼ 77.8%€78k▲ 516%€130k▲ 66.4%€15k▼ 88.3%
Net result€30k-€2k▼ 93.1%€42k▲ 1,922%€74k▲ 75.4%€-637
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 88% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €741k
Fixed assets
€510k=
Current assets
€230k▲ 1.7%
Equity and liabilities €741k
Equity
€328k▼ 0.2%
Debt
€412k▲ 1.1%
The debt ratio rises from 55.3% to 55.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€63k▼
2024 · €177k
Cash flow
€48k▼
2024 · €121k
Solvency
44.3%▼
2024 · 44.7%
Current ratio
0.92▼
2024 · 0.93
Quick ratio
0.73▲
2024 · 0.73
Debt / equity
1.25▲
2024 · 1.24
ROE
-0.2%▼
2024 · 22.5%
ROA
-0.1%▼
2024 · 10.0%
Interest coverage
3.63▼
2024 · 8.77
Debt
€412k▲
2024 · €408k
Debt ≤ 1 year
€249k▲
2024 · €244k
Debt > 1 year
€163k=
2024 · €163k
Income taxes
€262▼
2024 · €36k
Staff costs
€495
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€737k€741k▲
Fixed assets21/28€510k€510k=
Tangible fixed assets22/27€510k€510k=
Land and buildings22€429k€419k▼
Plant, machinery and equipment23€31k€23k▼
Furniture and vehicles24€51k€68k▲
Current assets29/58€226k€230k▲
Stocks and contracts in progress3€48k€48k=
Stocks30/36€48k€48k=
Amounts receivable within one year40/41€27k€39k▲
Trade receivables40€27k€26k▼
Other amounts receivable41€346€13k▲
Current investments50/53€100k€100k=
Cash at bank and in hand54/58€48k€40k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€737k€741k▲
Equity10/15€329k€328k▼
Contributions10/11€202k€202k=
Reserves13€160k€160k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€158k€158k=
Profit (loss) carried forward14€-33k€-33k▼
Amounts payable17/49€408k€412k▲
Amounts payable after more than one year17€163k€163k=
Financial debts170/4€163k€163k=
Amounts payable within one year42/48€244k€249k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€13k€6k▼
Suppliers440/4€13k€6k▼
Taxes, remuneration and social security45€9k€8k▼
Taxes450/3€9k€8k▼
Remuneration and social security454/9-€495
Other amounts payable47/48€223k€235k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62-€495
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€48k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€182k€69k▼
Operating profit (loss)9901€130k€15k▼
Financial income75/76B€6€2k▲
Recurring financial income75€6€2k▲
Financial charges65/66B€20k€17k▼
Recurring financial charges65€20k€17k▼
Profit (loss) for the period before taxes9903€110k€-375▼
Income taxes67/77€36k€262▼
Profit (loss) for the period9904€74k€-637▼
Profit (loss) for the period to be appropriated9905€74k€-637▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€-33k▼
Profit (loss) brought forward from the previous period14P€-33k€-33k=
Transfer to equity691/2€74k€0▼
To other reserves6921€74k€0▼
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-637 ▼101%
Net result drops to €-637, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €74k ▲75.4%
Operating result €130k, net result €74k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
18-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €211k ▲16.7%
4 profitable years in a row build equity to €211k.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €150kEq €160k ▲27.3%
2 profitable years in a row build equity to €160k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Tessenderlo-Ham · 1 establishment unit since 2003
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.
Heggebossenweg 183980 Tessenderlo-HamGround area
1.4 ha
Building footprint
118 m²
Volume, LiDAR
526 m³
Parcel 71364E0998/00G000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Heggebossenweg 18, 3980 Tessenderlo-Ham
since 20032.134.736.210
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71364E0998/00G000 | Flanders | 1.4 ha | 1 · 118 m² | 7.2 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
2023 · 1 entry · 222 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 222 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,313 companies in sector 46423 we hold annual accounts for 813. 560 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-08-1999
Fiscal year end31-12
Activities, NACEBEL
01500Mixed farming
46423Wholesale of clothing, excluding workwear and underwear
51421
82990Other business support services
01199Crop and animal production, hunting and related service activities
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36141
43350Other building finishing work
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
52421
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.