WEB - REFER
ActiveWEB - REFER has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €1k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 26% of 16941 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability68▲+14
Solvency53▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.24 in 2024; short-term debt: 26.9% and cash: 1.7% of total assets), and 72% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 62
Relative position
BE, all sectors
reference
Sector 62
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
28%
Return on assets
0.6%
Age of the figures
9 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
34 d early
2023
on the day
2022
on the day
2021
31 d late
2020
53 d late
2019
92 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€88k
EBIT margin
6.7%
Net result
€1k▼ 64.9%
2024 · €3k
2018: €-2k
2019: €822
2020: €4k
2021: €-149
2022: €5k
2023: €593
2024: €3k
2018 → 2025
Working capital
€17k▼ 20.8%
2024 · €21k
2018: €50k
2019: €44k
2020: €41k
2021: €34k
2022: €32k
2023: €25k
2024: €21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€88k
Equity€41k-€46k▲ 12.6%€46k▼ 0.1%€49k▲ 6.3%€50k▲ 2.1%
Operating result€7k-€13k▲ 96.9%€7k▼ 50.8%€9k▲ 38.5%€6k▼ 35.9%
Net result€-149-€5k€593▼ 88.5%€3k▲ 389%€1k▼ 64.9%
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 2025; 2025 is 36% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €180k
Fixed assets
€115k▼ 9.2%
Current assets
€65k▼ 40.6%
Equity and liabilities €180k
Equity
€50k▲ 2.1%
Debt
€129k▼ 30.6%
The debt ratio falls from 79.1% to 72.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€18k▼
2024 · €21k
Cash flow
€13k▼
2024 · €15k
Solvency
28.0%▲
2024 · 20.9%
Current ratio
1.34▲
2024 · 1.24
Quick ratio
1.34▲
2024 · 1.24
Debt / equity
2.57▼
2024 · 3.78
ROE
2.0%▼
2024 · 5.9%
ROA
0.6%▼
2024 · 1.2%
Interest coverage
3.91▼
2024 · 4.03
Debt
€129k▼
2024 · €186k
Debt ≤ 1 year
€48k▼
2024 · €88k
Debt > 1 year
€79k▼
2024 · €96k
Income taxes
€371▼
2024 · €1k
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€236k€180k▼
Formation expenses20€0-
Fixed assets21/28€126k€115k▼
Tangible fixed assets22/27€126k€115k▼
Land and buildings22€126k€115k▼
Furniture and vehicles24€0-
Current assets29/58€109k€65k▼
Amounts receivable within one year40/41€94k€62k▼
Trade receivables40€93k€62k▼
Other amounts receivable41€310€274▼
Cash at bank and in hand54/58€408€3k▲
Deferred charges and accrued income490/1€15k€0▼
Equity and liabilities
Total equity and liabilities10/49€236k€180k▼
Equity10/15€49k€50k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€41k€42k▲
Amounts payable17/49€186k€129k▼
Amounts payable after more than one year17€96k€79k▼
Financial debts170/4€96k€79k▼
Amounts payable within one year42/48€88k€48k▼
Current portion of amounts payable after more than one year42€19k€6k▼
Trade debts44€48k€5k▼
Suppliers440/4€48k€5k▼
Advances received on contracts in progress46€984€0▼
Taxes, remuneration and social security45€1k€1k▲
Taxes450/3€1k€1k▲
Other amounts payable47/48€20k€36k▲
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Turnover70-€88k
Non-recurring operating income76A-€0
Goods, raw materials, services and sundry goods60/61-€79k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k=
Other operating charges640/8€387€400▲
Gross operating margin9900€21k€18k▼
Operating profit (loss)9901€9k€6k▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€4k€1k▼
Income taxes67/77€1k€371▼
Profit (loss) for the period9904€3k€1k▼
Profit (loss) for the period to be appropriated9905€3k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€42k▲
Profit (loss) brought forward from the previous period14P€38k€41k▲
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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 53 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
2019
31-12
Financial
Back to profitnet €822
Net result €822 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · 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
3 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, Sombreffe · 1 establishment unit since 2002
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 Emile Vandervelde 305140 SombreffeGround area
1,271 m²
Building footprint
142 m²
2 parcels, Brussels, Wallonia. Linked by address, not a title deed.
1 establishment unit
Ravensteinstraat 42, 1000 Brussel
since 20022.098.969.340
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92074B0083/00T002 | Wallonia | 1,188 m² | 1 · 142 m² | - |
| 21804D0881/00T000 | Brussels | 82 m² | - | - |
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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IMAGING MASTERS
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 1,354 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-01-2002
Fiscal year end31-12
Activities, NACEBEL
62900Other information technology and computer services
72600
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.