Summary
bt.core 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 €358k and a net result of €155k. Equity is growing by ~108.2% per year across the filed fiscal years. Its solvency ranks better than 57% of 9863 sector peers (fiscal year 2024). The company has been active since 2021 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
1 signal. 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 02-07-2025, 29 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
44 d early
2022
52 d early
2021
48 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€358k▲ 76.5%
2023 · €203k
2021: €40k
2022: €97k
2023: €203k
2021 → 2024
Net result
€155k▲ 47.3%
2023 · €105k
2021: €28k
2022: €58k
2023: €105k
2021 → 2024
Total assets
€575k▲ 26.7%
2023 · €454k
2021: €110k
2022: €304k
2023: €454k
2021 → 2024
Solvency
62.2%▲ 17.6pp
2023 · 44.7%
2021: 35.9%
2022: 32.1%
2023: 44.7%
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€40k-€97k▲ 146%€203k▲ 108%€358k▲ 76.5%
Operating result€34k-€66k▲ 91.4%€138k▲ 109%€205k▲ 48.7%
Net result€28k-€58k▲ 109%€105k▲ 82.3%€155k▲ 47.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2024 is 49% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €575k
Fixed assets
€274k ▼ 7.5%
Current assets
€300k ▲ 91.6%
Equity and liabilities €575k
Equity
€358k ▲ 76.5%
Debt
€217k ▼ 13.5%
Debt's share of the balance-sheet total falls from 55.3% to 37.8%. Equity is higher and debt is lower.
Key figures and ratios
ROE
43.4%▼
2023 · 52.0%
ROA
27.0%▲
2023 · 23.2%
Debt ≤ 1 year
€137k▼
2023 · €149k
Debt > 1 year
€79k▼
2023 · €100k
Income taxes
€46k▲
2023 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€454k€575k▲
Fixed assets21/28€297k€274k▼
Tangible fixed assets22/27€297k€274k▼
Land and buildings22€22k€21k▼
Plant, machinery and equipment23€1k€897▼
Furniture and vehicles24€53k€40k▼
Other tangible fixed assets26€220k€212k▼
Current assets29/58€157k€300k▲
Amounts receivable within one year40/41€132k€226k▲
Trade receivables40€132k€226k▲
Cash at bank and in hand54/58€25k€75k▲
Equity and liabilities
Total equity and liabilities10/49€454k€575k▲
Equity10/15€203k€358k▲
Contributions10/11€12k€12k=
Reserves13€191k€346k▲
Distributable reserves133€191k€346k▲
Amounts payable17/49€251k€217k▼
Amounts payable after more than one year17€100k€79k▼
Financial debts170/4€100k€79k▼
Amounts payable within one year42/48€149k€137k▼
Current portion of amounts payable after more than one year42€21k€21k=
Trade debts44€1k€402▼
Suppliers440/4€1k€402▼
Taxes, remuneration and social security45€65k€80k▲
Taxes450/3€65k€80k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€61k€35k▼
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€35k▼
Other operating charges640/8€571€939▲
Gross operating margin9900€176k€240k▲
Operating profit (loss)9901€138k€205k▲
Financial income75/76B€18€0▼
Recurring financial income75€18€0▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€133k€201k▲
Income taxes67/77€28k€46k▲
Profit (loss) for the period9904€105k€155k▲
Profit (loss) for the period to be appropriated9905€105k€155k▲
Appropriation of the result
Profit (loss) to be appropriated9906€105k€155k▲
Transfer to equity691/2€105k€155k▲
To other reserves6921€105k€155k▲
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
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €155k ▲47.3%
Operating result €205k, net result €155k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 2.20
Current ratio from 1.05 to 2.20; short-term debt falls from €149k to €137k.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 1.05
Current ratio from 0.39 to 1.05.
31-12
Financial
Equity above €200kEq €203k ▲108%
3 profitable years in a row build equity to €203k.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro 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, Beernem · 1 establishment unit since 2021
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.
Akkerstraat 28730 BeernemGround area
1,307 m²
Building footprint
334 m²
Parcel 31003B0060/00H002, Flanders. Linked by address, not a title deed.
1 establishment unit
bt.core
since 20212.313.845.918
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31003B0060/00H002 | Flanders | 1,307 m² | 1 · 334 m² | - |
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
CHARVALCO
BE 0758.401.329
Kortrijk · Eq €357,587
BeiNControl
BE 0767.600.491
As · Eq €357,420
Bolavi
BE 0719.790.577
Maldegem · Eq €357,346
JOTHICO
BE 0810.407.482
Kortrijk · Eq €357,344
HOLDING-FIKAN
BE 0840.616.450
Schaarbeek · Eq €357,985
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 13,777 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.