Vertinas 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 €149k and a net result of €2k. Equity is shrinking by ~6% per year across the filed fiscal years. Its solvency ranks better than 82% of 8018 sector peers (fiscal year 2025). The company has been active since 1978 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
Three signals. The signal on the left, the evidence on the right.
○neutral
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
39 d late
2023
91 d late
2022
on the day
2021
124 d late
2020
87 d late
2019
279 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€149k▲ 1.0%
2024 · €147k
2018: €211k
2019: €238k
2020: €252k
2021: €235k
2022: €250k
2023: €152k
2024: €147k
2018 → 2025
Net result
€2k
2024 · €-5k
2018: €25k
2019: €27k
2020: €14k
2021: €-1k
2022: €15k
2023: €-96k
2024: €-5k
2018 → 2025
Total assets
€176k▲ 1.5%
2024 · €173k
2018: €307k
2019: €317k
2020: €296k
2021: €387k
2022: €398k
2023: €188k
2024: €173k
2018 → 2025
Solvency
84.6%▼ 0.4pp
2024 · 85.1%
2018: 68.7%
2019: 75.0%
2020: 85.1%
2021: 60.6%
2022: 62.7%
2023: 81.0%
2024: 85.1%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€235k-€250k▲ 6.4%€152k▼ 38.9%€147k▼ 3.4%€149k▲ 1.0%
Operating result€14k-€27k▲ 95.2%€11k▼ 58.4%€-9k€-2k▲ 79.4%
Net result€-1k-€15k€-96k€-5k▲ 94.6%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €9k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €176k
Fixed assets
€3k▼ 15.8%
Current assets
€173k▲ 1.9%
Equity and liabilities €176k
Equity
€149k▲ 1.0%
Debt
€27k▲ 4.3%
The debt ratio rises from 14.9% to 15.4%. Equity and debt are higher.
Key figures and ratios
Solvency
84.6%▼
2024 · 85.1%
ROE
1.6%▲
2024 · -3.5%
ROA
1.3%▲
2024 · -3.0%
Debt
€27k▲
2024 · €26k
Debt ≤ 1 year
€27k▲
2024 · €26k
Income taxes
€1k▼
2024 · €2k
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€173k€176k▲
Fixed assets21/28€4k€3k▼
Tangible fixed assets22/27€4k€3k▼
Furniture and vehicles24€4k€3k▼
Current assets29/58€169k€173k▲
Amounts receivable after more than one year29€100k€100k=
Other amounts receivable291€100k€100k=
Amounts receivable within one year40/41€66k€70k▲
Other amounts receivable41€66k€70k▲
Cash at bank and in hand54/58€862-
Deferred charges and accrued income490/1€3k€3k=
Equity and liabilities
Total equity and liabilities10/49€173k€176k▲
Equity10/15€147k€149k▲
Contributions10/11€20k€20k=
Reserves13€127k€128k▲
Distributable reserves133€127k€128k▲
Amounts payable17/49€26k€27k▲
Amounts payable within one year42/48€26k€27k▲
Financial debts43€16k€24k▲
Credit institutions430/8€16k€24k▲
Trade debts44€622-
Suppliers440/4€622-
Taxes, remuneration and social security45€8k€2k▼
Taxes450/3€8k€2k▼
Other amounts payable47/48€833€833=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€600€600=
Other operating charges640/8€481€400▼
Gross operating margin9900€-8k€-799▲
Operating profit (loss)9901€-9k€-2k▲
Financial income75/76B€6k€6k▲
Recurring financial income75€6k€6k▲
Financial charges65/66B€198€671▲
Recurring financial charges65€198€671▲
Profit (loss) for the period before taxes9903€-3k€4k▲
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€-5k€2k▲
Profit (loss) for the period to be appropriated9905€-5k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€2k▲
Transfer from equity791/2€5k€833▼
Transfer to equity691/2-€2k
To other reserves6921-€2k
Profit to be distributed694/7-€833
Return on contributions (dividend)694-€833
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
08-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 39 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-12
Financial
Weakest financial yearnet €-96k ▼737%
Net result drops to €-96k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 6current ratio 5.11
Current ratio from 0.92 to 5.11; short-term debt falls from €149k to €36k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
02-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 124 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
06-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 279 days late
2019
31-12
Financial
Highest result since 2018net €27k ▲5.8%
Operating result €44k, net result €27k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 141 days late
2017
11-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 72 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, Tienen · 1 establishment unit since 1978
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.
Diestsesteenweg 3793300 TienenGround area
1,617 m²
Building footprint
311 m²
Volume, LiDAR
1,707 m³
2 parcels, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Paardenbrugstraat 6, 3300 Tienen
since 19782.017.145.979
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24102D0223/00H000 | Flanders | 1,138 m² | 1 · 158 m² | 7.3 m · 2 fl. |
| 24593H0508/00L000 | Flanders | 479 m² | 1 · 153 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 186 companies in sector 64910 we hold annual accounts for 133. 64 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-01-1978
Fiscal year end31-12
Activities, NACEBEL
64910Financial service activities, except insurance and pension funding
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.