TOWNHOUSE
ActiveTOWNHOUSE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192k and a net result of €13k. Equity is shrinking by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 86% of 17366 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
94
/ 100
Excellent▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▲+4
Solvency100=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 15.27 against 11.37 in 2024), and 21.2% 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+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
78.8%
Return on assets
5.5%
Age of the figures
17 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
3 d early
2023
42 d early
2022
3 d early
2021
4 d early
2020
2 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close05-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€192k▲ 7.5%
2024 · €179k
2022: €333k
2023: €259k
2024: €179k
2022 → 2025
Total assets
€244k▼ 4.5%
2024 · €256k
2022: €455k
2023: €352k
2024: €256k
2022 → 2025
Net result
€13k▲ 20.9%
2024 · €11k
2022: €11k
2023: €9k
2024: €11k
2022 → 2025
Working capital
€135k▲ 3.0%
2024 · €131k
2022: €302k
2023: €221k
2024: €131k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€333k-€259k▼ 22.3%€179k▼ 30.9%€192k▲ 7.5%
Operating result€22k-€18k▼ 20.4%€20k▲ 13.2%€22k▲ 9.2%
Net result€11k-€9k▼ 20.2%€11k▲ 27.8%€13k▲ 20.9%
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 9% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €244k
Fixed assets
€100k▼ 11.0%
Current assets
€144k▲ 0.5%
Equity and liabilities €244k
Equity
€192k▲ 7.5%
Debt
€52k▼ 32.6%
The debt ratio falls from 30.0% to 21.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€35k▲
2024 · €33k
Cash flow
€27k▲
2024 · €24k
Solvency
78.8%▲
2024 · 70.0%
Current ratio
15.27▲
2024 · 11.37
Quick ratio
15.27▲
2024 · 11.37
Debt / equity
0.27▼
2024 · 0.43
ROE
7.0%▲
2024 · 6.2%
ROA
5.5%▲
2024 · 4.3%
Interest coverage
13.56▲
2024 · 7.99
Debt
€52k▼
2024 · €77k
Debt ≤ 1 year
€9k▼
2024 · €13k
Debt > 1 year
€38k▼
2024 · €60k
Income taxes
€6k▲
2024 · €5k
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
Total assets
20/58€256k€244k▼
Fixed assets
21/28€112k€100k▼
Tangible fixed assets
22/27€112k€100k▼
Current assets
29/58€143k€144k▲
Amounts receivable within one year
40/41€166-
Cash & bank
54/58€142k€143k▲
Total equity & liabilities
10/49€256k€244k▼
Equity
10/15€179k€192k▲
Contributions / capital
10/11€135k€135k=
Reserves
13€43k€57k▲
Accumulated profits (losses)
14€559€559=
Amounts payable
17/49€77k€52k▼
Amounts payable after one year
17€60k€38k▼
Amounts payable within one year
42/48€13k€9k▼
Trade debts payable within one year
44€2k€2k▼
Income statement
Code20242025
Gross operating margin
9900€37k€40k▲
Operating result
9901€20k€22k▲
Financial charges
65€4k€3k▼
Result before taxes
9903€16k€19k▲
Income taxes
67/77€5k€6k▲
Net result for the period
9904€11k€13k▲
Result to be appropriated
9905€11k€13k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2022net €13k ▲20.9%
Net result €13k, the highest in the series.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €9k ▼20.2%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
07-10
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.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
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Of 1,279 companies in sector 47512 we hold annual accounts for 557. 458 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-1990
Fiscal year end31-03
Activities, NACEBEL
47512Retail sale of household textiles and bedding
52410
47551Retail sale of household furniture
47591Retail trade
47784Retail sale of souvenirs and religious articles
47786Retail trade
52441
52497
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 16-08-2026. Scores and ratios are computed by Checked and are not a credit decision.