VÄGSKÄL
ActiveVÄGSKÄL has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256k and a net result of €84k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 48% of 8584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
85
/ 100
Excellent▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency75▼-19
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity tight (current ratio 1.08 against 1.74 in 2024), and 49.7% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
50.3%
Return on assets
16.4%
Age of the figures
8 mo
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
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
23 d late
2023
26 d late
2022
30 d late
2021
28 d late
2020
20 d late
2019
30 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€256k▼ 12.8%
2024 · €294k
2019: €133k
2020: €133k
2021: €132k
2022: €166k
2023: €184k
2024: €294k
2019 → 2025
Total assets
€510k▲ 18.9%
2024 · €429k
2019: €453k
2020: €450k
2021: €445k
2022: €445k
2023: €400k
2024: €429k
2019 → 2025
Net result
€84k▼ 24.0%
2024 · €110k
2019: €25k
2020: €14k
2021: €-443
2022: €34k
2023: €18k
2024: €110k
2019 → 2025
Working capital
€20k▼ 75.4%
2024 · €82k
2019: €73k
2020: €-26k
2021: €-49k
2022: €-42k
2023: €-49k
2024: €82k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€132k-€166k▲ 25.6%€184k▲ 10.8%€294k▲ 59.8%€256k▼ 12.8%
Operating result€5k-€56k▲ 982%€32k▼ 43.1%€157k▲ 396%€120k▼ 23.7%
Net result€-443-€34k€18k▼ 46.9%€110k▲ 513%€84k▼ 24.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 24% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €510k
Fixed assets
€239k▲ 2.0%
Current assets
€270k▲ 39.4%
Equity and liabilities €510k
Equity
€256k▼ 12.8%
Debt
€253k▲ 87.9%
The debt ratio rises from 31.5% to 49.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€120k▼
2024 · €157k
Cash flow
€84k▼
2024 · €110k
Solvency
50.3%▼
2024 · 68.5%
Current ratio
1.08▼
2024 · 1.74
Quick ratio
1.08▼
2024 · 1.74
Debt / equity
0.99▲
2024 · 0.46
ROE
32.6%▼
2024 · 37.4%
ROA
16.4%▼
2024 · 25.7%
Interest coverage
91.98▲
2024 · 20.85
Debt
€253k▲
2024 · €135k
Debt ≤ 1 year
€250k▲
2024 · €112k
Debt > 1 year
€3k▼
2024 · €23k
Income taxes
€41k▼
2024 · €51k
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€429k€510k▲
Fixed assets21/28€235k€239k▲
Tangible fixed assets22/27€1k€709▼
Plant, machinery and equipment23€1k€709▼
Financial fixed assets28€234k€239k▲
Current assets29/58€194k€270k▲
Amounts receivable within one year40/41€53k€202k▲
Trade receivables40€6k€65k▲
Other amounts receivable41€47k€136k▲
Cash at bank and in hand54/58€141k€69k▼
Equity and liabilities
Total equity and liabilities10/49€429k€510k▲
Equity10/15€294k€256k▼
Contributions10/11€13k€13k=
Reserves13€251k€213k▼
Distributable reserves133€251k€213k▼
Profit (loss) carried forward14€31k€31k=
Amounts payable17/49€135k€253k▲
Amounts payable after more than one year17€23k€3k▼
Financial debts170/4€23k€3k▼
Amounts payable within one year42/48€112k€250k▲
Current portion of amounts payable after more than one year42€20k€20k▲
Trade debts44€2k€76▼
Suppliers440/4€2k€76▼
Taxes, remuneration and social security45€52k€71k▲
Taxes450/3€52k€65k▲
Remuneration and social security454/9-€6k
Other amounts payable47/48€39k€160k▲
Accrued charges and deferred income492/3€45€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€355€355=
Other operating charges640/8€2k€342▼
Gross operating margin9900€159k€120k▼
Operating profit (loss)9901€157k€120k▼
Financial income75/76B€11k€6k▼
Recurring financial income75€11k€6k▼
Financial charges65/66B€8k€1k▼
Recurring financial charges65€8k€1k▼
Profit (loss) for the period before taxes9903€161k€124k▼
Income taxes67/77€51k€41k▼
Profit (loss) for the period9904€110k€84k▼
Profit (loss) for the period to be appropriated9905€110k€84k▼
Appropriation of the result
Profit (loss) to be appropriated9906€140k€114k▼
Profit (loss) brought forward from the previous period14P€31k€31k=
Transfer from equity791/2-€121k
Transfer to equity691/2€110k€84k▼
To other reserves6921€110k€84k▼
Profit to be distributed694/7-€121k
Return on contributions (dividend)694-€121k
The notes to these accounts (13 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
09-09
State Gazette act
Incorporation · Founding capital
Corporate purpose · Director appointment
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 23 days late
2024
31-12
Financial
Highest result since 2019net €110k ▲513%
Operating result €157k, net result €110k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 1.74
Current ratio from 0.44 to 1.74.
31-12
Financial
Equity above €200kEq €294k ▲59.8%
3 profitable years in a row build equity to €294k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
31-12
Financial
Equity above €150kEq €166k ▲25.6%
Equity rises from €132k to €166k.
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 28 days late
2021
31-12
Financial
Weakest financial yearnet €-443 ▼103%
Net result drops to €-443, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 20 days late
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Ichtegem · 1 establishment unit since 2010
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.
Industriestraat(ICH) 288480 IchtegemGround area
6,168 m²
Building footprint
3,764 m²
Volume, LiDAR
30,307 m³
Parcel 35006A0529/00M000, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Sven Vierstraete
since 20102.191.634.727
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35006A0529/00M000 | Flanders | 6,168 m² | 1 · 3,764 m² | 10.6 m · 3 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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TOTR
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 38,702 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-08-2010
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.