X-Forwarding
ActiveX-Forwarding has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €97k and a net result of €-4k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 94% of 1307 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability14▼-66
Solvency100=
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 16.09 against 26.97 in 2023; short-term debt: 5.8% and cash: 4.1% of total assets), and 5.8% 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+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
94.2%
Return on assets
-3.8%
Age of the figures
21 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
on the day
2022
on the day
2021
2 d early
2020
18 d early
2019
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€97k▼ 26.8%
2023 · €132k
2018: €111k
2019: €131k
2020: €122k
2021: €125k
2022: €120k
2023: €132k
2018 → 2024
Total assets
€103k▼ 24.8%
2023 · €137k
2018: €138k
2019: €140k
2020: €166k
2021: €135k
2022: €130k
2023: €137k
2018 → 2024
Net result
€-4k
2023 · €12k
2018: €9k
2019: €20k
2020: €-9k
2021: €3k
2022: €-5k
2023: €12k
2018 → 2024
Working capital
€89k▼ 20.8%
2023 · €113k
2018: €108k
2019: €128k
2020: €86k
2021: €90k
2022: €93k
2023: €113k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€122k-€125k▲ 2.2%€120k▼ 3.7%€132k▲ 10.4%€97k▼ 26.8%
Operating result€-9k-€5k€-3k€16k€-4k
Net result€-9k-€3k€-5k€12k€-4k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €4k after €16k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €103k
Fixed assets
€8k▼ 61.5%
Current assets
€95k▼ 18.7%
Equity and liabilities €103k
Equity
€97k▼ 26.8%
Debt
€6k▲ 36.3%
The debt ratio rises from 3.2% to 5.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▼
2023 · €24k
Cash flow
€-4k▼
2023 · €20k
Solvency
94.2%▼
2023 · 96.8%
Current ratio
16.09▼
2023 · 26.97
Quick ratio
16.09▼
2023 · 26.97
Debt / equity
0.06▲
2023 · 0.03
ROE
-4.0%▼
2023 · 9.4%
ROA
-3.8%▼
2023 · 9.1%
Interest coverage
-2.20▼
2023 · 12.60
Debt
€6k▲
2023 · €4k
Debt ≤ 1 year
€6k▲
2023 · €4k
Income taxes
€0▼
2023 · €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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€137k€103k▼
Fixed assets21/28€19k€8k▼
Tangible fixed assets22/27€12k€0▼
Plant, machinery and equipment23€12k€0▼
Furniture and vehicles24€0-
Financial fixed assets28€8k€8k=
Current assets29/58€117k€95k▼
Amounts receivable within one year40/41€17k€91k▲
Trade receivables40€17k€4k▼
Other amounts receivable41€0€87k▲
Cash at bank and in hand54/58€100k€4k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€137k€103k▼
Equity10/15€132k€97k▼
Contributions10/11€6k€6k=
Reserves13€126k€91k▼
Distributable reserves133€126k€91k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€4k€6k▲
Amounts payable within one year42/48€4k€6k▲
Trade debts44€3k€468▼
Suppliers440/4€3k€468▼
Advances received on contracts in progress46-€5k
Taxes, remuneration and social security45€1k€862▼
Taxes450/3€1k€862▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€0▼
Other operating charges640/8€493€118▼
Gross operating margin9900€24k€-4k▼
Operating profit (loss)9901€16k€-4k▼
Financial income75/76B€36€2k▲
Recurring financial income75€36€2k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€14k€-4k▼
Income taxes67/77€2k€0▼
Profit (loss) for the period9904€12k€-4k▼
Profit (loss) for the period to be appropriated9905€12k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€-4k▼
Transfer from equity791/2€0€36k▲
Transfer to equity691/2€12k€0▼
To other reserves6921€12k€0▼
Profit to be distributed694/7-€32k
Return on contributions (dividend)694-€32k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 26.97
Current ratio from 10.40 to 26.97; short-term debt falls from €10k to €4k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 9.34
Current ratio from 2.97 to 9.34; short-term debt falls from €44k to €11k.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-9k ▼143%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €20k ▲115%
Operating result €28k, net result €20k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 16.29
Current ratio from 4.88 to 16.29; short-term debt falls from €28k to €8k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
05-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 5 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, Sint-Niklaas · 1 establishment unit since 2000
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.
Rootputstraat 319100 Sint-NiklaasGround area
186 m²
Building footprint
61 m²
Volume, LiDAR
33 m³
Parcel 46447B0697/00X002, Flanders · tallest building 2.9 m. Linked by address, not a title deed.
1 establishment unit
e-Customs
since 20002.116.038.964
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46447B0697/00X002 | Flanders | 186 m² | 1 · 61 m² | 2.9 m |
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
GANDATRADE
BE 0426.742.194
Antwerpen · Eq €97k
FAR EAST PROJECTS
BE 0543.789.621
Antwerpen · Eq €97k
BORAMA
BE 0476.908.022
La Hulpe · Eq €98k
YAL SERVICES
BE 0713.946.526
Sint-Jans-Molenbeek · Eq €96k
GRANEX
BE 0424.870.292
Antwerpen · Eq €96k
Of 3,191 companies in sector 52250 we hold annual accounts for 1,956. 1,334 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2000
Fiscal year end31-12
Activities, NACEBEL
52250Logistics services
52290Warehousing and support activities for transportation
74855
64200Holdings
64210Activities of holding companies
77330Rental and leasing activities
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 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.