VAT2TAX
ActiveVAT2TAX has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21k and a net result of €52k. Equity is shrinking by ~23% per year across the filed fiscal years. Its solvency ranks better than 23% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency45▼-5
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.31 in 2024; short-term debt: 79.8% and cash: 89.8% of total assets), and 79.8% 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+raises 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
20.2%
Return on assets
50%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 31540 sector peers (2025).
NBB · sector comparisonPosition among 31540 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
1 d early
2024
31 d early
2023
2 d early
2022
1 d early
2021
21 d early
2020
4 d early
2019
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▲ 8.6%
2024 · €19k
2019: €100k
2020: €61k
2021: €23k
2022: €51k
2023: €22k
2024: €19k
2019 → 2025
Total assets
€103k▲ 32.9%
2024 · €78k
2019: €129k
2020: €95k
2021: €125k
2022: €70k
2023: €105k
2024: €78k
2019 → 2025
Net result
€52k▲ 37.1%
2024 · €38k
2019: €42k
2020: €40k
2021: €47k
2022: €28k
2023: €36k
2024: €38k
2019 → 2025
Working capital
€15k▼ 18.9%
2024 · €18k
2019: €98k
2020: €59k
2021: €22k
2022: €48k
2023: €20k
2024: €18k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€51k▲ 122%€22k▼ 57.7%€19k▼ 10.8%€21k▲ 8.6%
Operating result€60k-€36k▼ 40.6%€46k▲ 27.3%€47k▲ 3.5%€66k▲ 39.8%
Net result€47k-€28k▼ 40.7%€36k▲ 27.6%€38k▲ 5.6%€52k▲ 37.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 40% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103k
Fixed assets
€6k▲ 411%
Current assets
€97k▲ 26.8%
Equity and liabilities €103k
Equity
€21k▲ 8.6%
Debt
€82k▲ 40.8%
The debt ratio rises from 75.3% to 79.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€67k▲
2024 · €48k
Cash flow
€52k▲
2024 · €38k
Solvency
20.2%▼
2024 · 24.7%
Current ratio
1.18▼
2024 · 1.31
Quick ratio
1.18▼
2024 · 1.31
Debt / equity
3.95▲
2024 · 3.05
ROE
247.7%▲
2024 · 196.2%
ROA
50.0%▲
2024 · 48.5%
Interest coverage
178.82▲
2024 · 96.74
Debt
€82k▲
2024 · €59k
Debt ≤ 1 year
€82k▲
2024 · €59k
Income taxes
€15k▲
2024 · €10k
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€78k€103k▲
Fixed assets21/28€1k€6k▲
Tangible fixed assets22/27€1k€6k▲
Furniture and vehicles24€1k€6k▲
Current assets29/58€76k€97k▲
Amounts receivable within one year40/41€12k€4k▼
Trade receivables40€12k€4k▼
Cash at bank and in hand54/58€64k€93k▲
Equity and liabilities
Total equity and liabilities10/49€78k€103k▲
Equity10/15€19k€21k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€600€2k▲
Amounts payable17/49€59k€82k▲
Amounts payable within one year42/48€59k€82k▲
Trade debts44€17k€16k▼
Suppliers440/4€17k€16k▼
Taxes, remuneration and social security45€254€16k▲
Taxes450/3€254€16k▲
Other amounts payable47/48€42k€50k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€496€697▲
Other operating charges640/8€400€573▲
Gross operating margin9900€48k€67k▲
Operating profit (loss)9901€47k€66k▲
Financial income75/76B€1k€522▼
Recurring financial income75€1k€522▼
Financial charges65/66B€495€374▼
Recurring financial charges65€495€374▼
Profit (loss) for the period before taxes9903€48k€66k▲
Income taxes67/77€10k€15k▲
Profit (loss) for the period9904€38k€52k▲
Profit (loss) for the period to be appropriated9905€38k€52k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€52k▲
Profit (loss) brought forward from the previous period14P€1k€600▼
Transfer from equity791/2€2k-
Profit to be distributed694/7€40k€50k▲
Return on contributions (dividend)694€40k€50k▲
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
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €52k ▲37.1%
Operating result €66k, net result €52k, both a record.
2024
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €28k ▼40.7%
Net result drops to €28k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity triplescurrent ratio 3.56
Current ratio from 1.22 to 3.56; short-term debt falls from €102k to €19k.
10-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
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, Heist-op-den-Berg · 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.
Advokatestraat(WIE) 332222 Heist-op-den-BergGround area
1,132 m²
Building footprint
187 m²
Volume, LiDAR
980 m³
Parcel 12039B0285/00F000, Flanders · tallest building 13.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VAT2TAX
since 20162.253.261.005
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12039B0285/00F000 | Flanders | 1,132 m² | 1 · 187 m² | 13.5 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.
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Of 82,524 companies in sector 70200 we hold annual accounts for 52,566. 30,989 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-01-2016
Fiscal year end30-06
Activities, NACEBEL
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 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:vat2tax@telenet.be