VAN BAARLE EXPERTS 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 €144k and a net result of €61k. Equity is shrinking by ~8.1% per year across the filed fiscal years. Its solvency ranks better than 54% of 2435 sector peers (fiscal year 2025). The company has been active since 1975 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 €144k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
7 d late
2023
43 d early
2022
41 d early
2021
6 d early
2020
5 d early
2019
36 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€144k▲ 34.1%
2024 · €107k
2018: €167k
2019: €198k
2020: €168k
2021: €148k
2022: €55k
2023: €62k
2024: €107k
2018 → 2025
Net result
€61k▲ 32.9%
2024 · €46k
2018: €10k
2019: €31k
2020: €1k
2021: €12k
2022: €11k
2023: €68k
2024: €46k
2018 → 2025
Total assets
€262k▼ 9.9%
2024 · €291k
2018: €372k
2019: €343k
2020: €384k
2021: €375k
2022: €304k
2023: €311k
2024: €291k
2018 → 2025
Solvency
54.8%▲ 18.0pp
2024 · 36.8%
2018: 44.9%
2019: 57.8%
2020: 43.7%
2021: 39.5%
2022: 18.1%
2023: 19.8%
2024: 36.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€148k-€55k▼ 62.9%€62k▲ 11.8%€107k▲ 74.2%€144k▲ 34.1%
Operating result€27k-€31k▲ 15.8%€100k▲ 221%€81k▼ 19.1%€107k▲ 32.7%
Net result€12k-€11k▼ 11.0%€68k▲ 523%€46k▼ 32.7%€61k▲ 32.9%
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 33% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €262k
Fixed assets
€33k▼ 33.4%
Current assets
€230k▼ 5.2%
Equity and liabilities €262k
Equity
€144k▲ 34.1%
Debt
€118k▼ 35.6%
The debt ratio falls from 63.2% to 45.2%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
54.8%▲
2024 · 36.8%
ROE
42.2%▼
2024 · 42.6%
ROA
23.1%▲
2024 · 15.7%
Debt
€118k▼
2024 · €184k
Debt ≤ 1 year
€101k▼
2024 · €148k
Debt > 1 year
€17k▼
2024 · €28k
Income taxes
€38k▲
2024 · €27k
Staff costs
€164k▲
2024 · €154k
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€291k€262k▼
Fixed assets21/28€49k€33k▼
Intangible fixed assets21€177€43▼
Tangible fixed assets22/27€49k€33k▼
Plant, machinery and equipment23€1k€871▼
Furniture and vehicles24€47k€32k▼
Financial fixed assets28€62€62=
Current assets29/58€242k€230k▼
Stocks and contracts in progress3€159k€175k▲
Contracts in progress37€159k€175k▲
Amounts receivable within one year40/41€80k€49k▼
Trade receivables40€72k€31k▼
Other amounts receivable41€8k€18k▲
Cash at bank and in hand54/58€403€2k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€291k€262k▼
Equity10/15€107k€144k▲
Contributions10/11€11k€0▼
Reserves13€96k€144k▲
Distributable reserves133€96k€144k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€184k€118k▼
Amounts payable after more than one year17€28k€17k▼
Financial debts170/4€28k€17k▼
Amounts payable within one year42/48€148k€101k▼
Current portion of amounts payable after more than one year42€12k€11k▼
Financial debts43€54k€23k▼
Credit institutions430/8€54k€23k▼
Trade debts44€29k€23k▼
Suppliers440/4€29k€23k▼
Taxes, remuneration and social security45€47k€33k▼
Taxes450/3€23k€17k▼
Remuneration and social security454/9€24k€16k▼
Other amounts payable47/48€6k€11k▲
Accrued charges and deferred income492/3€8k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€154k€164k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€16k▼
Other operating charges640/8€3k€3k▼
Gross operating margin9900€267k€290k▲
Operating profit (loss)9901€81k€107k▲
Financial income75/76B€1€105▲
Recurring financial income75€1€105▲
Financial charges65/66B€8k€8k▲
Recurring financial charges65€8k€8k▲
Profit (loss) for the period before taxes9903€73k€99k▲
Income taxes67/77€27k€38k▲
Profit (loss) for the period9904€46k€61k▲
Profit (loss) for the period to be appropriated9905€46k€61k▲
Appropriation of the result
Profit (loss) to be appropriated9906€46k€61k▲
Transfer from equity791/2€0€35k▲
Transfer to equity691/2€46k€72k▲
To other reserves6921€46k€72k▲
Profit to be distributed694/7€0€24k▲
Return on contributions (dividend)694€0€24k▲
The notes to these accounts (11 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 7 days late
2024
31-12
Financial
Equity above €100kEq €107k ▲74.2%
7 profitable years in a row build equity to €107k.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €68k ▲523%
Net result €68k, the highest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €1k ▼96.3%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Niklaas · 1 establishment unit since 1975
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.
Heistraat 1279100 Sint-NiklaasGround area
250 m²
Building footprint
206 m²
Volume, LiDAR
1,445 m³
Parcel 46021A0797/00R007, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Heistraat 127, 9100 Sint-Niklaas
since 19752.011.196.713
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46021A0797/00R007 | Flanders | 249 m² | 1 · 206 m² | 9.6 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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Of 853 companies in sector 66210 we hold annual accounts for 511. 442 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-06-1975
Fiscal year end31-12
Activities, NACEBEL
66210Risk and damage evaluation
71209Other technical testing and analysis
74302
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.