UDLA 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 €1.70M and a net result of €93k. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 68% of 9864 sector peers (fiscal year 2024). The company has been active since 2014 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
Two signals. The signal on the left, the evidence on the right.
○neutral
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 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
32 d early
2022
38 d early
2021
39 d early
2020
14 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€1.70M▲ 5.8%
2023 · €1.61M
2018: €1.25M
2019: €1.25M
2020: €1.35M
2021: €1.43M
2022: €1.52M
2023: €1.61M
2018 → 2024
Net result
€93k▲ 1.3%
2023 · €92k
2018: €3k
2019: €6k
2020: €101k
2021: €78k
2022: €86k
2023: €92k
2018 → 2024
Total assets
€2.32M▼ 1.4%
2023 · €2.36M
2018: €2.29M
2019: €2.30M
2020: €2.31M
2021: €2.79M
2022: €2.33M
2023: €2.36M
2018 → 2024
Solvency
73.2%▲ 5.0pp
2023 · 68.2%
2018: 54.3%
2019: 54.4%
2020: 58.4%
2021: 51.3%
2022: 65.1%
2023: 68.2%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.35M-€1.43M▲ 5.8%€1.52M▲ 6.0%€1.61M▲ 6.1%€1.70M▲ 5.8%
Operating result€96k-€101k▲ 4.6%€147k▲ 45.8%€160k▲ 9.0%€181k▲ 12.8%
Net result€101k-€78k▼ 23.0%€86k▲ 11.1%€92k▲ 6.4%€93k▲ 1.3%
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 has risen four years in a row; 2024 is 13% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.32M
Fixed assets
€2.29M▼ 0.1%
Current assets
€32k▼ 49.3%
Equity and liabilities €2.32M
Equity
€1.70M▲ 5.8%
Debt
€622k▼ 16.8%
The debt ratio falls from 31.8% to 26.8%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
73.2%▲
2023 · 68.2%
ROE
5.5%▼
2023 · 5.7%
ROA
4.0%▲
2023 · 3.9%
Debt
€622k▼
2023 · €748k
Debt ≤ 1 year
€622k▼
2023 · €748k
Income taxes
€46k▲
2023 · €37k
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€2.36M€2.32M▼
Fixed assets21/28€2.29M€2.29M▼
Tangible fixed assets22/27€7k€6k▼
Plant, machinery and equipment23€7k€6k▼
Financial fixed assets28€2.29M€2.29M=
Current assets29/58€64k€32k▼
Amounts receivable after more than one year29-€13k
Trade receivables290-€13k
Amounts receivable within one year40/41€11k-
Trade receivables40€11k-
Cash at bank and in hand54/58€52k€19k▼
Equity and liabilities
Total equity and liabilities10/49€2.36M€2.32M▼
Equity10/15€1.61M€1.70M▲
Contributions10/11€1.20M€1.20M=
Capital10€1.20M€1.20M=
Issued capital100€1.20M€1.20M=
Reserves13€407k€500k▲
Non-distributable reserves130/1€120k€120k=
Legal reserve130€120k€120k=
Tax-exempt reserves132€287k€380k▲
Profit (loss) carried forward14€757€877▲
Amounts payable17/49€748k€622k▼
Amounts payable within one year42/48€748k€622k▼
Financial debts43€12k€14k▲
Credit institutions430/8€12k€14k▲
Trade debts44€3k€227▼
Suppliers440/4€3k€227▼
Taxes, remuneration and social security45€11k€15k▲
Taxes450/3€11k€15k▲
Other amounts payable47/48€721k€594k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€304€256▼
Gross operating margin9900€164k€185k▲
Operating profit (loss)9901€160k€181k▲
Financial charges65/66B€31k€42k▲
Recurring financial charges65€31k€42k▲
Profit (loss) for the period before taxes9903€129k€139k▲
Income taxes67/77€37k€46k▲
Profit (loss) for the period9904€92k€93k▲
Profit (loss) for the period to be appropriated9905€92k€93k▲
Appropriation of the result
Profit (loss) to be appropriated9906€93k€94k▲
Profit (loss) brought forward from the previous period14P€845€757▼
Transfer to equity691/2€92k€93k▲
To other reserves6921€92k€93k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
17-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €101k ▲1708%
Net result €101k, the highest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
06-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Kortrijk · 1 establishment unit since 2014
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.
Kardinaalstraat(Mar) 528510 KortrijkGround area
1,476 m²
Building footprint
458 m²
Volume, LiDAR
2,106 m³
Parcel 34026B0130/00N000, Flanders · tallest building 11.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
UDLA
since 20142.234.309.975
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34026B0130/00N000 | Flanders | 1,476 m² | 1 · 458 m² | 11.1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 281 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 281 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,760. 11,388 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-08-2014
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 10 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.
Contact details
1 entryE-mail:olivier@storme-vanoost.be