CAP 43
ActiveCAP 43 has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €216k and a net result of €15k. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 75% of 6541 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-4
Solvency82▲+7
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.74 in 2023; short-term debt: 42.5% and cash: 15.6% of total assets), and 42.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
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
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 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
35 d early
2022
35 d early
2021
39 d early
2020
46 d early
2019
17 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▼ 49.3%
2023 · €29k
2019: €21k
2019: €609
2020: €-12k
2021: €-7k
2022: €3k
2023: €29k
2019 → 2024
Working capital
€172k▲ 20.7%
2023 · €143k
2019: €125k
2019: €133k
2020: €134k
2021: €112k
2022: €110k
2023: €143k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€176k-€170k▼ 3.8%€172k▲ 1.5%€201k▲ 16.8%€216k▲ 7.3%
Operating result€-8k-€-4k▲ 50.9%€4k€36k▲ 785%€28k▼ 21.9%
Net result€-12k-€-7k▲ 42.3%€3k€29k▲ 1,051%€15k▼ 49.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 22% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €376k
Fixed assets
€43k▼ 33.7%
Current assets
€332k▼ 1.1%
Equity and liabilities €376k
Equity
€216k▲ 7.3%
Debt
€160k▼ 20.2%
The debt ratio falls from 49.9% to 42.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€50k▼
2023 · €61k
Cash flow
€37k▼
2023 · €54k
Solvency
57.5%▲
2023 · 50.1%
Current ratio
2.08▲
2023 · 1.74
Quick ratio
0.87▲
2023 · 0.52
Debt / equity
0.74▼
2023 · 1.00
ROE
6.8%▼
2023 · 14.4%
ROA
3.9%▼
2023 · 7.2%
Interest coverage
20.28▼
2023 · 26.43
Debt
€160k▼
2023 · €200k
Debt ≤ 1 year
€160k▼
2023 · €193k
Income taxes
€12k▲
2023 · €5k
Staff costs
€245k▼
2023 · €246k
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€401k€376k▼
Formation expenses20€0€0=
Fixed assets21/28€66k€43k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€66k€43k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€9k€6k▼
Other tangible fixed assets26€57k€37k▼
Current assets29/58€336k€332k▼
Stocks and contracts in progress3€236k€193k▼
Stocks30/36€236k€193k▼
Amounts receivable within one year40/41-€78k
Other amounts receivable41-€78k
Cash at bank and in hand54/58€100k€59k▼
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€401k€376k▼
Equity10/15€201k€216k▲
Contributions10/11€64k€64k=
Capital10€64k€64k=
Issued capital100€64k€64k=
Reserves13€78k€78k=
Non-distributable reserves130/1€38k€38k=
Reserves not available under the articles1311€38k€38k=
Tax-exempt reserves132€10k€10k=
Distributable reserves133€31k€31k=
Profit (loss) carried forward14€59k€73k▲
Amounts payable17/49€200k€160k▼
Amounts payable after more than one year17€7k-
Financial debts170/4€7k-
Amounts payable within one year42/48€193k€160k▼
Current portion of amounts payable after more than one year42€21k€7k▼
Financial debts43€14k€10k▼
Credit institutions430/8€14k€10k▼
Trade debts44€15k€7k▼
Suppliers440/4€15k€7k▼
Taxes, remuneration and social security45€83k€95k▲
Taxes450/3€54k€50k▼
Remuneration and social security454/9€29k€45k▲
Other amounts payable47/48€60k€40k▼
Income statement
Code20232024
Remuneration, social security and pensions62€246k€245k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€22k▼
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A€7k-
Gross operating margin9900€317k€297k▼
Operating profit (loss)9901€36k€28k▼
Financial income75/76B€44€697▲
Recurring financial income75€44€697▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€34k€26k▼
Income taxes67/77€5k€12k▲
Profit (loss) for the period9904€29k€15k▼
Transfer to tax-exempt reserves689€1k-
Profit (loss) for the period to be appropriated9905€28k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€73k▲
Profit (loss) brought forward from the previous period14P€31k€59k▲
Social balance
Average headcount (FTE)90876.56.6▲
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
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2019net €29k ▲1051%
Operating result €36k, net result €29k, both a record.
31-12
Financial
Equity above €200kEq €201k ▲16.8%
2 profitable years in a row build equity to €201k.
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-12k ▼2023%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 17 days late
2019
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
04-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Braine-l'Alleud · 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.
Chaussée de Nivelles 211420 Braine-l'AlleudGround area
12.3 ha
Parcel 25742B0271/00_000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Cash Converters
since 20042.135.976.127
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25742B0271/00_000 | Wallonia | 12.3 ha | - | - |
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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LE TEMPS JADIS & DECOMBRES SERVICES
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BRUSSELS DESIGN MARKET
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ROGER INVEST
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Of 910 companies in sector 47793 we hold annual accounts for 161. 109 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-02-2004
Fiscal year end31-12
Activities, NACEBEL
47792Retail sale of second-hand clothing
47793Retail sale of other second-hand goods, excluding clothing
52502
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.