TOP LOCATIONS
ActiveTOP LOCATIONS has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102k and a net result of €2k. Equity is shrinking by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 40% of 1617 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
57
/ 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
Profitability39=
Solvency57=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.42 in 2024; short-term debt: 67.7% and cash: 0% of total assets), and 67.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers 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
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
32.3%
Return on assets
0.5%
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
28 d late
2023
8 d early
2022
161 d late
2021
2 d late
2020
31 d late
2019
29 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€102k▲ 1.7%
2024 · €100k
2018: €155k
2019: €171k
2020: €160k
2021: €113k
2022: €119k
2023: €99k
2024: €100k
2018 → 2025
Total assets
€315k▲ 0.8%
2024 · €313k
2018: €2.03M
2019: €375k
2020: €366k
2021: €325k
2022: €336k
2023: €317k
2024: €313k
2018 → 2025
Net result
€2k▲ 30.8%
2024 · €1k
2018: €-153k
2019: €16k
2020: €-11k
2021: €-46k
2022: €6k
2023: €-20k
2024: €1k
2018 → 2025
Working capital
€90k▲ 1.9%
2024 · €88k
2018: €-1.34M
2019: €91k
2020: €87k
2021: €101k
2022: €107k
2023: €87k
2024: €88k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€113k-€119k▲ 4.9%€99k▼ 16.6%€100k▲ 1.3%€102k▲ 1.7%
Operating result€-8k-€20k€-8k€-6k▲ 24.9%€-5k▲ 9.4%
Net result€-46k-€6k€-20k€1k€2k▲ 30.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €6k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €315k
Fixed assets
€12k=
Current assets
€303k▲ 0.8%
Equity and liabilities €315k
Equity
€102k▲ 1.7%
Debt
€213k▲ 0.4%
The debt ratio falls from 68.0% to 67.7%. Equity and debt are higher.
Key figures and ratios
Solvency
32.3%▲
2024 · 32.0%
Current ratio
1.42▲
2024 · 1.42
Quick ratio
1.42▲
2024 · 1.42
Debt / equity
2.09▼
2024 · 2.12
ROE
1.6%▲
2024 · 1.3%
ROA
0.5%▲
2024 · 0.4%
Debt
€213k▲
2024 · €213k
Debt ≤ 1 year
€213k▲
2024 · €213k
Income taxes
€606▼
2024 · €746
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€313k€315k▲
Fixed assets21/28€12k€12k=
Tangible fixed assets22/27€12k€12k=
Other tangible fixed assets26€12k€12k=
Current assets29/58€301k€303k▲
Amounts receivable within one year40/41€301k€303k▲
Other amounts receivable41€301k€303k▲
Cash at bank and in hand54/58€187€54▼
Deferred charges and accrued income490/1-€648
Equity and liabilities
Total equity and liabilities10/49€313k€315k▲
Equity10/15€100k€102k▲
Contributions10/11€105k€105k=
Capital10€105k€105k=
Issued capital100€105k€105k=
Reserves13€11k€11k=
Non-distributable reserves130/1€11k€11k=
Legal reserve130€11k€11k=
Profit (loss) carried forward14€-15k€-14k▲
Amounts payable17/49€213k€213k▲
Amounts payable within one year42/48€213k€213k▲
Trade debts44€9k€9k▼
Suppliers440/4€9k€9k▼
Taxes, remuneration and social security45€746€983▲
Taxes450/3€746€983▲
Other amounts payable47/48€202k€204k▲
Income statement
Code20242025
Other operating charges640/8€2k€2k▼
Gross operating margin9900€-4k€-4k▲
Operating profit (loss)9901€-6k€-5k▲
Financial income75/76B€11k€9k▼
Recurring financial income75€11k€9k▼
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€2k€2k▲
Income taxes67/77€746€606▼
Profit (loss) for the period9904€1k€2k▲
Profit (loss) for the period to be appropriated9905€1k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-14k▲
Profit (loss) brought forward from the previous period14P€-17k€-15k▲
The notes to these accounts (2 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
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-12
Financial
Equity above €100kEq €100k ▲1.3%
Equity rises from €99k to €100k.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
08-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 161 days late
2022
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
02-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 2 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-12
Financial
Liquidity times 9current ratio 1.45
Current ratio from 0.16 to 1.45; short-term debt falls from €1.60M to €204k.
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 68 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-07
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
9 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, Edegem · 1 establishment unit since 1988
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.
Mechelsesteenweg 502650 EdegemGround area
2,715 m²
Building footprint
1,065 m²
Volume, LiDAR
4,242 m³
Parcel 11472B0163/00L002, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
URBAN ESTATES
since 19882.041.337.680
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11472B0163/00L002 | Flanders | 2,714 m² | 1 · 1,065 m² | 9.2 m · 1 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.
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Of 9,862 companies in sector 73110 we hold annual accounts for 3,755. 3,021 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-08-1988
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
74401
41001General construction of residential buildings
45212
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.