Yellow Brick Road
ActiveThe annual accounts of Yellow Brick Road for fiscal year 2025 show a net loss of 55% of total assets and of 91% of the equity at the start of that year. The 2025 annual accounts show equity of €2k and a net result of €-17k. Equity is shrinking by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 12% of 8657 sector peers (fiscal year 2025). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency30▼-24
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.9 against 1.48 in 2024; short-term debt: 76.9% and cash: 50.7% of total assets), and 94.5% 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
5.5%
Return on assets
-54.6%
Age of the figures
12 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 8657 sector peers (2025).
NBB · sector comparisonPosition among 8657 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-03-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
1 d early
2023
27 d early
2022
8 d late
2021
30 d early
2020
8 d early
2019
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2k▼ 90.9%
2024 · €19k
2018: €26k
2019: €25k
2020: €25k
2021: €42k
2022: €56k
2023: €3k
2024: €19k
2018 → 2025
Total assets
€31k▼ 51.1%
2024 · €63k
2018: €147k
2019: €134k
2020: €118k
2021: €124k
2022: €135k
2023: €70k
2024: €63k
2018 → 2025
Net result
€-17k
2024 · €16k
2018: €526
2019: €-383
2020: €38
2021: €16k
2022: €15k
2023: €-53k
2024: €16k
2018 → 2025
Working capital
€-2k
2024 · €12k
2018: €41k
2019: €41k
2020: €40k
2021: €54k
2022: €60k
2023: €5k
2024: €12k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€56k▲ 35.1%€3k▼ 94.7%€19k▲ 527%€2k▼ 90.9%
Operating result€26k-€25k▼ 4.3%€-50k€19k€-15k
Net result€16k-€15k▼ 10.8%€-53k€16k€-17k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €19k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €31k
Fixed assets
€9k▼ 65.2%
Current assets
€22k▼ 40.6%
Equity and liabilities €31k
Equity
€2k▼ 90.9%
Debt
€29k▼ 34.6%
The debt ratio rises from 70.7% to 94.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▼
2024 · €34k
Cash flow
€-6k▼
2024 · €30k
Solvency
5.5%▼
2024 · 29.3%
Current ratio
0.90▼
2024 · 1.48
Quick ratio
0.90▼
2024 · 1.48
Debt / equity
17.31▲
2024 · 2.41
ROE
-999.7%▼
2024 · 84.0%
ROA
-54.6%▼
2024 · 24.7%
Interest coverage
-3.12▼
2024 · 16.33
Debt
€29k▼
2024 · €45k
Debt ≤ 1 year
€24k▼
2024 · €25k
Debt > 1 year
€5k▼
2024 · €20k
Income taxes
€87▼
2024 · €1k
Staff costs
€395▼
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€63k€31k▼
Fixed assets21/28€27k€9k▼
Intangible fixed assets21€19k€9k▼
Tangible fixed assets22/27€9k€192▼
Plant, machinery and equipment23€634€192▼
Furniture and vehicles24€8k-
Current assets29/58€36k€22k▼
Amounts receivable within one year40/41€9k€6k▼
Trade receivables40€7k€5k▼
Other amounts receivable41€1k€1k▼
Cash at bank and in hand54/58€27k€16k▼
Deferred charges and accrued income490/1€160€31▼
Equity and liabilities
Total equity and liabilities10/49€63k€31k▼
Equity10/15€19k€2k▼
Contributions10/11€6k€6k=
Reserves13€33k€33k=
Distributable reserves133€33k€33k=
Profit (loss) carried forward14€-20k€-37k▼
Amounts payable17/49€45k€29k▼
Amounts payable after more than one year17€20k€5k▼
Financial debts170/4€20k€5k▼
Amounts payable within one year42/48€25k€24k▼
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Taxes, remuneration and social security45€200€109▼
Taxes450/3€178€87▼
Remuneration and social security454/9€22€22=
Other amounts payable47/48€3k€3k▲
Accrued charges and deferred income492/3-€274
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€1k€395▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€11k▼
Other operating charges640/8€877€820▼
Gross operating margin9900€35k€-3k▼
Operating profit (loss)9901€19k€-15k▼
Financial income75/76B€11€3▼
Recurring financial income75€11€3▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€17k€-17k▼
Income taxes67/77€1k€87▼
Profit (loss) for the period9904€16k€-17k▼
Profit (loss) for the period to be appropriated9905€16k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€-37k▼
Profit (loss) brought forward from the previous period14P€-36k€-20k▲
The notes to these accounts (11 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
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
03-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €-53k ▼465%
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 8 days late
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €16k ▲42905%
Operating result €26k, net result €16k, both a record.
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Back to profitnet €38
Net result €38 after one loss-making year.
01-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
14-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2004
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.
Klapperstraat(BEV) 1859120 Beveren-Kruibeke-ZwijndrechtGround area
881 m²
Building footprint
141 m²
Volume, LiDAR
877 m³
Parcel 46503C0426/00R003, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Yellow Brick Road
since 20042.142.452.460
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46503C0426/00R003 | Flanders | 881 m² | 1 · 141 m² | 9.9 m · 2 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 82,570 companies in sector 70200 we hold annual accounts for 52,574. 7,050 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-10-2004
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.