VERSION 9
ActiveVERSION 9 has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €624k and a net result of €54k. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 90% of 4533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▲+7
Solvency100=
Growth85=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 16.63 against 4.57 in 2024; short-term debt: 6% and cash: 75.9% of total assets), and 6.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
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
93.9%
Return on assets
8.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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
17 d late
2024
29 d late
2023
26 d late
2022
30 d late
2021
19 d late
2020
26 d late
2019
87 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€584k▲ 78.3%
2020 · €328k
2018: €62k
2019: €671k
2020: €328k
2018 → 2021
EBIT margin
9.0%▼ 7.7pp
2020 · 16.7%
2018: 20.9%
2019: 12.8%
2020: 16.7%
2018 → 2021
Net result
€54k▲ 163%
2024 · €21k
2018: €9k
2019: €50k
2020: €19k
2021: €66k
2022: €119k
2023: €64k
2024: €21k
2018 → 2025
Working capital
€621k▲ 10.8%
2024 · €561k
2018: €227k
2019: €273k
2020: €263k
2021: €347k
2022: €467k
2023: €534k
2024: €561k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€584k-
Equity€366k-€485k▲ 32.5%€549k▲ 13.2%€570k▲ 3.7%€624k▲ 9.5%
Operating result€52k-€158k▲ 203%€85k▼ 46.2%€28k▼ 66.7%€74k▲ 160%
Net result€66k-€119k▲ 81.6%€64k▼ 46.1%€21k▼ 67.9%€54k▲ 163%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 160% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €664k
Fixed assets
€3k▼ 66.6%
Current assets
€661k▼ 7.9%
Equity and liabilities €664k
Equity
€624k▲ 9.5%
Debt
€41k▼ 74.3%
The debt ratio falls from 21.7% to 6.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€83k▲
2024 · €41k
Cash flow
€64k▲
2024 · €33k
Solvency
93.9%▲
2024 · 78.3%
Current ratio
16.63▲
2024 · 4.57
Quick ratio
13.27▲
2024 · 3.73
Debt / equity
0.06▼
2024 · 0.28
ROE
8.7%▲
2024 · 3.6%
ROA
8.1%▲
2024 · 2.8%
Interest coverage
62.28▲
2024 · 50.42
Debt
€41k▼
2024 · €158k
Debt ≤ 1 year
€40k▼
2024 · €157k
Income taxes
€20k▲
2024 · €8k
Staff costs
€20k▲
2024 · €3k
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€728k€664k▼
Fixed assets21/28€10k€3k▼
Tangible fixed assets22/27€10k€3k▼
Plant, machinery and equipment23€1k€3k▲
Furniture and vehicles24€9k€638▼
Current assets29/58€717k€661k▼
Stocks and contracts in progress3€132k€134k▲
Stocks30/36€132k€134k▲
Amounts receivable within one year40/41€61k€21k▼
Trade receivables40€36k€9k▼
Other amounts receivable41€25k€12k▼
Cash at bank and in hand54/58€523k€504k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€728k€664k▼
Equity10/15€570k€624k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€35k€35k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€29k€29k=
Profit (loss) carried forward14€473k€527k▲
Amounts payable17/49€158k€41k▼
Amounts payable after more than one year17€1k-
Financial debts170/4€1k-
Amounts payable within one year42/48€157k€40k▼
Current portion of amounts payable after more than one year42€9k€1k▼
Trade debts44€131k€31k▼
Suppliers440/4€131k€31k▼
Advances received on contracts in progress46€11k-
Taxes, remuneration and social security45-€2k
Remuneration and social security454/9-€2k
Other amounts payable47/48€6k€6k▼
Accrued charges and deferred income492/3-€757
Income statement
Code20242025
Remuneration, social security and pensions62€3k€20k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€10k▼
Other operating charges640/8€640€4k▲
Gross operating margin9900€45k€107k▲
Operating profit (loss)9901€28k€74k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€817€1k▲
Recurring financial charges65€817€1k▲
Profit (loss) for the period before taxes9903€29k€74k▲
Income taxes67/77€8k€20k▲
Profit (loss) for the period9904€21k€54k▲
Profit (loss) for the period to be appropriated9905€21k€54k▲
Appropriation of the result
Profit (loss) to be appropriated9906€473k€527k▲
Profit (loss) brought forward from the previous period14P€452k€473k▲
Social balance
Average headcount (FTE)9087-0.5
The notes to these accounts (4 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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 17 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 16.63
Current ratio from 4.57 to 16.63; short-term debt falls from €157k to €40k.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
31-12
Financial
Equity above €500kEq €549k ▲13.2%
6 profitable years in a row build equity to €549k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €119k ▲81.6%
Operating result €158k, net result €119k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
31-12
Financial
Liquidity times 7current ratio 11.56
Current ratio from 1.71 to 11.56; short-term debt falls from €320k to €26k.
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
Financial milestoneNBB 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Orp-Jauche · 1 establishment unit since 1996
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.
Rue Henri Grenier(O) 761350 Orp-JaucheGround area
1,047 m²
Building footprint
113 m²
Volume, LiDAR
1,042 m³
Parcel 25082D0029/00M002, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Henri Grenier(O) 76, 1350 Orp-Jauche
since 19962.077.533.231
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25082D0029/00M002 | Wallonia | 1,047 m² | 1 · 113 m² | 10.8 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.
Recognitions · licences · registrations
Recognised contractor
17 categoriesVERSION 9 SA38208
Similar companies · same sector, comparable size
Unic Evergem
BE 0407.632.996
Jabbeke · Eq €624k
CLASA
BE 0501.836.527
Liège · Eq €625k
Granit Development
BE 0872.772.445
Gent · Eq €625k
B & B REAL ESTATE
BE 0690.581.008
Sint-Agatha-Berchem · Eq €623k
M.H.C.
BE 0423.393.815
Knokke-Heist · Eq €623k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,573 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-05-1996
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68110Buying and selling of own real estate
70120
Sources
Crossroads Bank for EnterprisesNational Bank · 30 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.