Utility Provider is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €371k and a net result of €125k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 83% of 7980 sector peers (fiscal year 2025). The company has been active since 2016 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○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €371k
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 12-05-2026, 80 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
80 d early
2024
2 d early
2023
1 d early
2022
26 d early
2021
3 d early
2020
16 d early
2019
81 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
€371k▲ 50.8%
2024 · €246k
2018: €48k
2019: €48k
2020: €23k
2021: €18k
2022: €45k
2023: €126k
2024: €246k
2018 → 2025
Net result
€125k▲ 4.0%
2024 · €120k
2018: €51k
2019: €295
2020: €-26k
2021: €-5k
2022: €28k
2023: €115k
2024: €120k
2018 → 2025
Total assets
€433k▲ 15.2%
2024 · €376k
2018: €122k
2019: €99k
2020: €32k
2021: €19k
2022: €46k
2023: €358k
2024: €376k
2018 → 2025
Solvency
85.6%▲ 20.2pp
2024 · 65.4%
2018: 39.4%
2019: 48.9%
2020: 70.4%
2021: 93.6%
2022: 97.8%
2023: 35.1%
2024: 65.4%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€45k▲ 156%€126k▲ 177%€246k▲ 95.6%€371k▲ 50.8%
Operating result€-4k-€28k€172k▲ 524%€169k▼ 1.8%€180k▲ 6.4%
Net result€-5k-€28k€115k▲ 317%€120k▲ 4.2%€125k▲ 4.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €433k
Fixed assets
€99k▼ 25.5%
Current assets
€334k▲ 37.4%
Equity and liabilities €433k
Equity
€371k▲ 50.8%
Debt
€63k▼ 52.0%
The debt ratio falls from 34.6% to 14.4%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
85.6%▲
2024 · 65.4%
ROE
33.7%▼
2024 · 48.9%
ROA
28.8%▼
2024 · 32.0%
Debt
€63k▼
2024 · €130k
Debt ≤ 1 year
€63k▼
2024 · €130k
Income taxes
€57k▲
2024 · €50k
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€376k€433k▲
Fixed assets21/28€133k€99k▼
Tangible fixed assets22/27€133k€95k▼
Furniture and vehicles24€107k€95k▼
Leasing and similar rights25€25k-
Financial fixed assets28-€4k
Current assets29/58€243k€334k▲
Amounts receivable within one year40/41€200k€257k▲
Trade receivables40€19k€18k▼
Other amounts receivable41€181k€239k▲
Cash at bank and in hand54/58€40k€74k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€376k€433k▲
Equity10/15€246k€371k▲
Contributions10/11€13k€13k=
Reserves13€233k€358k▲
Distributable reserves133€233k€358k▲
Amounts payable17/49€130k€63k▼
Amounts payable within one year42/48€130k€63k▼
Current portion of amounts payable after more than one year42€2k-
Trade debts44€5k€280▼
Suppliers440/4€5k€280▼
Taxes, remuneration and social security45€76k€62k▼
Taxes450/3€76k€62k▼
Other amounts payable47/48€48k€526▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€49k▲
Other operating charges640/8€14k€2k▼
Gross operating margin9900€231k€232k▲
Operating profit (loss)9901€169k€180k▲
Financial income75/76B€940€2k▲
Recurring financial income75€940€2k▲
Financial charges65/66B€495€232▼
Recurring financial charges65€495€232▼
Profit (loss) for the period before taxes9903€170k€182k▲
Income taxes67/77€50k€57k▲
Profit (loss) for the period9904€120k€125k▲
Profit (loss) for the period to be appropriated9905€120k€125k▲
Appropriation of the result
Profit (loss) to be appropriated9906€120k€125k▲
Transfer to equity691/2€120k€125k▲
To the legal reserve6920€120k€125k▲
The notes to these accounts (9 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
05-08
State Gazette act
Registered officeBoard meeting · Registered-office move · Power of attorney3 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move · Power of attorney3 facts ▸
- Board meeting, 29/06/2026
- Registered-office move, Fortsteenweg 18, 2970 's-Gravenwezel
- Power of attorney, KONSILANTO
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €125k ▲4%
Operating result €180k, net result €125k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 5.35
Current ratio from 1.87 to 5.35; short-term debt falls from €130k to €63k.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 1.87
Current ratio from 0.74 to 1.87; short-term debt falls from €227k to €130k.
31-12
Financial
Equity above €200kEq €246k ▲95.6%
3 profitable years in a row build equity to €246k.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €126k ▲177%
2 profitable years in a row build equity to €126k.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 46.51
Current ratio from 15.68 to 46.51; short-term debt falls from €1k to €996.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity times 5current ratio 15.68
Current ratio from 3.38 to 15.68; short-term debt falls from €9k to €1k.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-26k ▼8827%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
11-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schilde · 1 establishment unit since 2016
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.
Fortsteenweg 182970 SchildeGround area
2,238 m²
Building footprint
253 m²
Volume, LiDAR
1,396 m³
Parcel 11041B0153/00D000, Flanders · tallest building 14.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Utility Provider
since 20162.254.339.287
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041B0153/00D000 | Flanders | 2,238 m² | 1 · 253 m² | 14.9 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.
Similar companies · same sector, comparable size
JUCOL
BE 0785.441.761
Hasselt · Eq €371k
HOLDING GROUPE CRUCIFIX
BE 0473.421.069
Bièvre · Eq €371k
KNOWLEDGE
BE 0839.212.029
Harelbeke · Eq €371k
GEROLO
BE 0738.680.140
Hechtel-Eksel · Eq €370k
Imca Holding
BE 0893.793.632
Lille · Eq €371k
Of 24,726 companies in sector 64210 we hold annual accounts for 19,747. 13,757 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-06-2016
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.