Tsar Bomba is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €147k and a net result of €35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 6156 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 6156 sector peers (2024).
NBB · sector comparisonPosition among 6156 sector peers
Solvency
better than 17%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €147k
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 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
43 d early
2022
53 d early
2021
52 d early
2020
40 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€147k▲ 31.3%
2023 · €112k
2018: €-27k
2019: €-16k
2020: €-2k
2021: €34k
2022: €65k
2023: €112k
2018 → 2024
Net result
€35k▼ 24.9%
2023 · €47k
2018: €45k
2019: €11k
2020: €14k
2021: €36k
2022: €31k
2023: €47k
2018 → 2024
Total assets
€883k▲ 47.6%
2023 · €598k
2018: €38k
2019: €612k
2020: €618k
2021: €559k
2022: €595k
2023: €598k
2018 → 2024
Solvency
16.6%▼ 2.1pp
2023 · 18.7%
2018: -71.7%
2019: -2.6%
2020: -0.3%
2021: 6.1%
2022: 11.0%
2023: 18.7%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-2k-€34k€65k▲ 91.1%€112k▲ 71.4%€147k▲ 31.3%
Operating result€32k-€65k▲ 104%€58k▼ 11.3%€75k▲ 30.2%€62k▼ 18.1%
Net result€14k-€36k▲ 164%€31k▼ 13.9%€47k▲ 49.8%€35k▼ 24.9%
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 falls in 2024; 2024 is 18% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €883k
Fixed assets
€736k▲ 56.2%
Current assets
€147k▲ 15.8%
Equity and liabilities €883k
Equity
€147k▲ 31.3%
Debt
€737k▲ 51.3%
The debt ratio rises from 81.3% to 83.4%. Equity and debt are higher.
Key figures and ratios
Solvency
16.6%▼
2023 · 18.7%
ROE
23.8%▼
2023 · 41.7%
ROA
4.0%▼
2023 · 7.8%
Debt
€737k▲
2023 · €487k
Debt ≤ 1 year
€237k▲
2023 · €47k
Debt > 1 year
€500k▲
2023 · €440k
Income taxes
€14k▼
2023 · €18k
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€598k€883k▲
Fixed assets21/28€471k€736k▲
Tangible fixed assets22/27€455k€720k▲
Land and buildings22€450k€715k▲
Furniture and vehicles24€5k€5k▼
Financial fixed assets28€17k€17k=
Current assets29/58€127k€147k▲
Amounts receivable within one year40/41€108k€121k▲
Trade receivables40€3k€0▼
Other amounts receivable41€105k€121k▲
Current investments50/53€8k€14k▲
Cash at bank and in hand54/58€9k€12k▲
Deferred charges and accrued income490/1€2k€322▼
Equity and liabilities
Total equity and liabilities10/49€598k€883k▲
Equity10/15€112k€147k▲
Contributions10/11€6k€6k=
Reserves13€105k€140k▲
Distributable reserves133€105k€140k▲
Amounts payable17/49€487k€737k▲
Amounts payable after more than one year17€440k€500k▲
Financial debts170/4€440k€500k▲
Amounts payable within one year42/48€47k€237k▲
Current portion of amounts payable after more than one year42€26k€35k▲
Trade debts44€4k€746▼
Suppliers440/4€4k€746▼
Taxes, remuneration and social security45€8k€17k▲
Taxes450/3€8k€17k▲
Other amounts payable47/48€9k€184k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€90k▲
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€110k€153k▲
Operating profit (loss)9901€75k€62k▼
Financial charges65/66B€10k€12k▲
Recurring financial charges65€10k€12k▲
Profit (loss) for the period before taxes9903€65k€49k▼
Income taxes67/77€18k€14k▼
Profit (loss) for the period9904€47k€35k▼
Profit (loss) for the period to be appropriated9905€47k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€47k€35k▼
Transfer to equity691/2€47k€35k▼
To other reserves6921€47k€35k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €47k ▲49.8%
Operating result €75k, net result €47k, both a record.
31-12
Financial
Equity above €100kEq €112k ▲71.4%
6 profitable years in a row build equity to €112k.
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €11k ▼74.6%
Net result drops to €11k, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Antwerpen · 1 establishment unit since 2013
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.
Bist 812180 AntwerpenGround area
450 m²
Building footprint
107 m²
Volume, LiDAR
1,387 m³
Parcel 11364F0145/00T002, Flanders · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Tsar Bomba
since 20132.222.860.908
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11364F0145/00T002 | Flanders | 450 m² | 1 · 107 m² | 18.8 m · 5 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.
Similar companies · same sector, comparable size
MONAVIC
BE 0676.790.576
Berlare · Eq €146k
Colonia OPS
BE 0790.893.656
Rumst · Eq €146k
LML VASTGOED
BE 0597.835.744
Kinrooi · Eq €147k
HELEVEN MANAGEMENT & ADVIES
BE 0476.416.191
Hasselt · Eq €146k
TRADEPARTNERS
BE 0876.641.260
Antwerpen · Eq €146k
Of 24,728 companies in sector 64210 we hold annual accounts for 19,759. 13,191 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-09-2013
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 11 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.