W-VG is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €368k and a net result of €80k. Equity is growing by ~39.1% per year across the filed fiscal years. Its solvency ranks better than 68% of 9864 sector peers (fiscal year 2024). The company has been active since 2017 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
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
27 d early
2022
39 d early
2021
4 d early
2020
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€368k▲ 27.6%
2023 · €288k
2020: €95k
2021: €151k
2022: €206k
2023: €288k
2020 → 2024
Net result
€80k▼ 3.0%
2023 · €82k
2020: €69k
2021: €55k
2022: €56k
2023: €82k
2020 → 2024
Total assets
€507k▲ 6.2%
2023 · €478k
2020: €474k
2021: €481k
2022: €479k
2023: €478k
2020 → 2024
Solvency
72.6%▲ 12.2pp
2023 · 60.4%
2020: 20.1%
2021: 31.3%
2022: 43.0%
2023: 60.4%
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€95k-€151k▲ 57.8%€206k▲ 37.0%€288k▲ 39.8%€368k▲ 27.6%
Operating result€101k-€89k▼ 12.4%€88k▼ 1.3%€126k▲ 43.4%€120k▼ 4.6%
Net result€69k-€55k▼ 19.9%€56k▲ 1.1%€82k▲ 47.4%€80k▼ 3.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 5% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €507k
Fixed assets
€304k▼ 1.5%
Current assets
€204k▲ 20.2%
Equity and liabilities €507k
Equity
€368k▲ 27.6%
Debt
€139k▼ 26.5%
The debt ratio falls from 39.6% to 27.4%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
72.6%▲
2023 · 60.4%
ROE
21.6%▼
2023 · 28.5%
ROA
15.7%▼
2023 · 17.2%
Debt
€139k▼
2023 · €189k
Debt ≤ 1 year
€74k▼
2023 · €115k
Debt > 1 year
€65k▼
2023 · €74k
Income taxes
€38k▼
2023 · €40k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€478k€507k▲
Fixed assets21/28€308k€304k▼
Tangible fixed assets22/27€308k€304k▼
Land and buildings22€308k€302k▼
Furniture and vehicles24-€2k
Current assets29/58€169k€204k▲
Amounts receivable within one year40/41€102k€104k▲
Trade receivables40€13k€13k▼
Other amounts receivable41€89k€91k▲
Cash at bank and in hand54/58€65k€99k▲
Deferred charges and accrued income490/1€2k€682▼
Equity and liabilities
Total equity and liabilities10/49€478k€507k▲
Equity10/15€288k€368k▲
Contributions10/11€19k€19k=
Reserves13€270k€350k▲
Distributable reserves133€270k€350k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€189k€139k▼
Amounts payable after more than one year17€74k€65k▼
Financial debts170/4€74k€65k▼
Amounts payable within one year42/48€115k€74k▼
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€42k€27k▼
Taxes450/3€42k€27k▼
Other amounts payable47/48€63k€37k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8€833€817▼
Gross operating margin9900€132k€128k▼
Operating profit (loss)9901€126k€120k▼
Financial income75/76B-€168
Recurring financial income75-€168
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€122k€117k▼
Income taxes67/77€40k€38k▼
Profit (loss) for the period9904€82k€80k▼
Profit (loss) for the period to be appropriated9905€82k€80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€82k€80k▼
Profit (loss) brought forward from the previous period14P€0€0=
Transfer to equity691/2€82k€80k▼
To other reserves6921€82k€80k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2020net €82k ▲47.4%
Operating result €126k, net result €82k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €206k ▲37%
3 profitable years in a row build equity to €206k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €55k ▼19.9%
Net result drops to €55k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €150kEq €151k ▲57.8%
2 profitable years in a row build equity to €151k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
Financial milestoneNBB 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, Ravels · 1 establishment unit since 2017
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.
Torenstraat 252381 RavelsGround area
780 m²
Building footprint
299 m²
Volume, LiDAR
1,227 m³
Parcel 13048D0331/00F002, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
W-VG
since 20172.263.005.050
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13048D0331/00F002 | Flanders | 780 m² | 1 · 299 m² | 6.6 m · 1 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 24,728 companies in sector 64210 we hold annual accounts for 19,760. 13,770 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2017
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.