WORDWATCH
ActiveWORDWATCH has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €511k and a net result of €26k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 83% of 1933 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+24
Solvency100▲+11
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 4.98 against 2.6 in 2023; short-term debt: 14.6% and cash: 23.5% of total assets), and 19.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
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 2024Solvency, return and age of the figures
Solvency
80.4%
Return on assets
4.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
not confirmed
2024
61 d late
2023
54 d late
2022
72 d late
2021
79 d late
2020
61 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€511k▲ 5.3%
2023 · €485k
2018: €596k
2019: €482k
2020: €411k
2021: €445k
2022: €475k
2023: €485k
2018 → 2024
Total assets
€635k▼ 16.1%
2023 · €756k
2018: €784k
2019: €759k
2020: €781k
2021: €775k
2022: €774k
2023: €756k
2018 → 2024
Net result
€26k▲ 121%
2023 · €12k
2018: €10k
2019: €4k
2020: €34k
2021: €34k
2022: €30k
2023: €12k
2018 → 2024
Working capital
€370k▲ 3.6%
2023 · €357k
2018: €478k
2019: €365k
2020: €297k
2021: €328k
2022: €349k
2023: €357k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€411k-€445k▲ 8.3%€475k▲ 6.7%€485k▲ 2.1%€511k▲ 5.3%
Operating result€53k-€56k▲ 5.5%€48k▼ 13.6%€35k▼ 27.4%€43k▲ 22.8%
Net result€34k-€34k▲ 1.3%€30k▼ 12.4%€12k▼ 61.0%€26k▲ 121%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 23% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €635k
Fixed assets
€172k▼ 2.6%
Current assets
€463k▼ 20.2%
Equity and liabilities €635k
Equity
€511k▲ 5.3%
Debt
€124k▼ 54.3%
The debt ratio falls from 35.9% to 19.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49k▲
2023 · €41k
Cash flow
€32k▲
2023 · €18k
Solvency
80.4%▲
2023 · 64.1%
Current ratio
4.98▲
2023 · 2.60
Quick ratio
4.98▲
2023 · 2.60
Debt / equity
0.24▼
2023 · 0.56
ROE
5.1%▲
2023 · 2.4%
ROA
4.1%▲
2023 · 1.5%
Interest coverage
15.87▲
2023 · 3.56
Debt
€124k▼
2023 · €271k
Debt ≤ 1 year
€93k▼
2023 · €223k
Debt > 1 year
€31k▼
2023 · €49k
Income taxes
€16k▲
2023 · €12k
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€756k€635k▼
Fixed assets21/28€176k€172k▼
Tangible fixed assets22/27€176k€171k▼
Land and buildings22€170k€166k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26-€2k
Financial fixed assets28€42€42=
Current assets29/58€580k€463k▼
Amounts receivable within one year40/41€12k€12k▼
Trade receivables40€12k€12k▼
Current investments50/53€295k€299k▲
Cash at bank and in hand54/58€272k€149k▼
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€756k€635k▼
Equity10/15€485k€511k▲
Contributions10/11€19k€19k=
Reserves13€466k€492k▲
Distributable reserves133€466k€492k▲
Amounts payable17/49€271k€124k▼
Amounts payable after more than one year17€49k€31k▼
Financial debts170/4€49k€31k▼
Amounts payable within one year42/48€223k€93k▼
Current portion of amounts payable after more than one year42€7k€7k▼
Trade debts44€8k€8k▲
Suppliers440/4€8k€8k▲
Taxes, remuneration and social security45€40k€31k▼
Taxes450/3€36k€31k▼
Remuneration and social security454/9€4k-
Other amounts payable47/48€168k€46k▼
Income statement
Code20232024
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€44k€51k▲
Operating profit (loss)9901€35k€43k▲
Financial income75/76B€815€2k▲
Recurring financial income75€815€2k▲
Financial charges65/66B€12k€3k▼
Recurring financial charges65€12k€3k▼
Profit (loss) for the period before taxes9903€24k€42k▲
Income taxes67/77€12k€16k▲
Profit (loss) for the period9904€12k€26k▲
Profit (loss) for the period to be appropriated9905€12k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€26k▲
Transfer from equity791/2€2k-
Transfer to equity691/2€12k€26k▲
To other reserves6921€12k€26k▲
Profit to be distributed694/7€2k-
Return on contributions (dividend)694€2k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Equity above €500kEq €511k ▲5.3%
7 profitable years in a row build equity to €511k.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
2022
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
2021
31-12
Financial
Highest result since 2018net €34k ▲1.3%
Operating result €56k, net result €34k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €4k ▼57.9%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
19-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 50 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, Leuven · 1 establishment unit since 1998
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.
Oud-Heverleestraat 413001 LeuvenGround area
2,469 m²
Building footprint
276 m²
Volume, LiDAR
1,153 m³
Parcel 24432H0037/00Y012, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Oud-Heverleestraat 41, 3001 Leuven
since 19982.087.852.150
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24432H0037/00Y012 | Flanders | 2,469 m² | 1 · 276 m² | 6.8 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.
Similar companies · same sector, comparable size
OPTION FACILITIES
BE 0449.462.168
Mechelen · Eq €508k
OTOMATIC
BE 0438.013.891
Anderlecht · Eq €518k
VISUAL CREATIONS
BE 0472.250.240
Gent · Eq €521k
CUWAURT
BE 0449.561.940
Beersel · Eq €537k
FILIP FEREMANS
BE 0881.243.119
Waasmunster · Eq €473k
Of 1,059 companies in sector 59120 we hold annual accounts for 451. 262 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-07-1998
Fiscal year end31-12
Activities, NACEBEL
59120Post-production of films, video and television programmes
92114
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.