Checkroom
ActiveSummary
The annual accounts of Checkroom for fiscal year 2025 show a net loss of 108% of the equity at the start of that year. The 2025 annual accounts show equity of €2.50M and a net result of €-1.56M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 65% of 4867 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A net loss of at least half of total assets or of the equity at the start of the financial year caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency84▲+35
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days 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 ample (current ratio 6.81 against 0.58 in 2024; short-term debt: 9.6% and cash: 48.4% of total assets), and 40.7% 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 46
Relative position
BE, all sectors
reference
Sector 46
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.3%
Return on assets
-36.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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
24 d late
2024
12 d late
2023
49 d late
2022
43 d late
2021
52 d early
2020
40 d early
2019
34 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-1.56M▲ 12.1%
2024 · €-1.77M
2018: €205k
2019: €139k
2020: €-619k
2021: €-1.52M
2022: €-4.12M
2023: €-2.45M
2024: €-1.77M
2018 → 2025
Working capital
€2.35M
2024 · €-1.06M
2018: €270k
2019: €557k
2020: €280k
2021: €-45k
2022: €4.04M
2023: €1.05M
2024: €-1.06M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-2.00M-€1.11M€-1.34M€1.45M€2.50M▲ 73.1%
Operating result€-1.44M-€-3.88M▼ 170%€-2.35M▲ 39.5%€-4.02M▼ 71.3%€-2.32M▲ 42.3%
Net result€-1.52M-€-4.12M▼ 171%€-2.45M▲ 40.4%€-1.77M▲ 27.8%€-1.56M▲ 12.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2.32M in 2025 against €4.02M in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.23M
Fixed assets
€1.47M ▼ 68.4%
Current assets
€2.76M ▲ 85.7%
Equity and liabilities €4.23M
Equity
€2.50M ▲ 73.1%
Debt
€1.72M ▼ 63.2%
Debt's share of the balance-sheet total falls from 76.4% to 40.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-2.25M▲
2024 · €-3.97M
Cash flow
€-1.48M▲
2024 · €-1.72M
Current ratio
6.81▲
2024 · 0.58
Debt to equity
0.69▼
2024 · 3.23
ROE
-62.1%▲
2024 · -122.4%
ROA
-36.8%▼
2024 · -28.9%
Interest coverage
-11.43▲
2024 · -168.23
Debt ≤ 1 year
€405k▼
2024 · €2.54M
Income taxes
€245
Staff costs
€1.48M▼
2024 · €2.58M
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.12M€4.23M▼
Fixed assets21/28€4.64M€1.47M▼
Intangible fixed assets21€36k€23k▼
Tangible fixed assets22/27€44k€30k▼
Plant, machinery and equipment23€14k€17k▲
Furniture and vehicles24€14k€3k▼
Other tangible fixed assets26€16k€9k▼
Financial fixed assets28€4.56M€1.41M▼
Current assets29/58€1.49M€2.76M▲
Amounts receivable within one year40/41€407k€552k▲
Trade receivables40€353k€483k▲
Other amounts receivable41€54k€69k▲
Cash at bank and in hand54/58€915k€2.05M▲
Deferred charges and accrued income490/1€163k€161k▼
Equity and liabilities
Total equity and liabilities10/49€6.12M€4.23M▼
Equity10/15€1.45M€2.50M▲
Contributions10/11€12.09M€14.70M▲
Capital10€4.98M€519k▼
Issued capital100€4.98M€519k▼
Outside capital11€7.11M€14.18M▲
Share premium1100/10€7.11M€14.18M▲
Profit (loss) carried forward14€-10.64M€-12.20M▼
Amounts payable17/49€4.68M€1.72M▼
Amounts payable within one year42/48€2.54M€405k▼
Trade debts44€2.14M€154k▼
Suppliers440/4€2.14M€154k▼
Taxes, remuneration and social security45€407k€252k▼
Taxes450/3€315€72k▲
Remuneration and social security454/9€407k€179k▼
Accrued charges and deferred income492/3€2.13M€1.32M▼
Income statement
Code20242025
Remuneration, social security and pensions62€2.58M€1.48M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€75k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€-1.38M€-760k▲
Operating profit (loss)9901€-4.02M€-2.32M▲
Financial income75/76B€2.28M€1.00M▼
Recurring financial income75€100k€158k▲
Non-recurring financial income76B€2.18M€845k▼
Financial charges65/66B€25k€235k▲
Recurring financial charges65€24k€197k▲
Non-recurring financial charges66B€2k€39k▲
Profit (loss) for the period before taxes9903€-1.77M€-1.55M▲
Income taxes67/77-€245
Profit (loss) for the period9904€-1.77M€-1.56M▲
Profit (loss) for the period to be appropriated9905€-1.77M€-1.56M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10.64M€-12.20M▼
Profit (loss) brought forward from the previous period14P€-8.87M€-10.64M▼
Social balance
Average headcount (FTE)908722.211.9▼
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
31-12
Financial
Liquidity times 12current ratio 6.81
Current ratio from 0.58 to 6.81; short-term debt falls from €2.54M to €405k.
31-12
Financial
Equity above €2MEq €2.50M ▲73.1%
Equity rises from €1.45M to €2.50M.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 12 days late
2024
31-12
Financial
Equity above €1MEq €1.45M
Equity rises from €-1.34M to €1.45M.
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 49 days late
2023
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 43 days late
2022
31-12
Financial
Weakest financial yearnet €-4.12M
Net result drops to €-4.12M, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 8current ratio 7.11
Current ratio from 0.94 to 7.11; short-term debt falls from €770k to €661k.
31-12
Financial
Equity above €1MEq €1.11M
Equity rises from €-2.00M to €1.11M.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
31-12
Financial
Equity above €100kEq €143k ▲3865%
2 profitable years in a row build equity to €143k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
09-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 9 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
20 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, Gent · 1 establishment unit since 2013
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.
Kliniekstraat 27A9050 GentGround area
4,549 m²
Parcel 44362B0315/00X002, Flanders. Linked by address, not a title deed.
1 establishment unit
Checkroom
since 20132.217.065.652
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44362B0315/00X002 | Flanders | 4,549 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 12 entries · 76,552 EUR awarded · 76,552 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 16,117 EUR | 16,117 EUR |
| 2024 | 3 | 13,356 EUR | 14,956 EUR |
| 2023 | 4 | 21,167 EUR | 21,167 EUR |
| 2022 | 3 | 25,912 EUR | 24,312 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidies voor internationaal ondernemen
Werkbaarheidscheque (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Legal Entity Identifier
875500WITM9RWZBOSX30
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Of 2,122 companies in sector 46500 we hold annual accounts for 1,403. 635 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 formPublic limited company
Founded18-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
58290Other software publishing
62100Computer programming
47400Retail sale of information and communication equipment
63100Computing infrastructure, data processing, hosting and related activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.