DAVID EARNSHAW
ActiveSummary
DAVID EARNSHAW has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €91k and a net result of €24k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 31% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-4
Solvency56▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.19 against 0.22 in 2024; short-term debt: 68.9% and cash: 13% of total assets), and 68.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 →
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
31.1%
Return on assets
8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €91k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
8 d early
2023
8 d early
2022
33 d early
2021
68 d early
2020
58 d early
2019
67 d early
← 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, micro schema
Equity
€91k▲ 34.9%
2024 · €67k
2018: €50k
2019: €43k
2020: €37k
2021: €37k
2022: €34k
2023: €34k
2024: €67k
2018 → 2025
Total assets
€293k▲ 3.3%
2024 · €283k
2018: €235k
2019: €231k
2020: €227k
2021: €224k
2022: €232k
2023: €230k
2024: €283k
2018 → 2025
Net result
€24k▼ 29.3%
2024 · €33k
2018: €-12k
2019: €-7k
2020: €-7k
2021: €-22
2022: €-3k
2023: €-23
2024: €33k
2018 → 2025
Working capital
€-163k▲ 3.5%
2024 · €-169k
2022: €-197k
2023: €-196k
2024: €-169k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37k-€34k▼ 6.9%€34k▼ 0.1%€67k▲ 97.3%€91k▲ 34.9%
Operating result€1k-€-2k€291€35k▲ 11,801%€26k▼ 25.1%
Net result€-22-€-3k▼ 11,566%€-23▲ 99.1%€33k€24k▼ 29.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €293k
Fixed assets
€254k ▲ 7.5%
Current assets
€39k ▼ 17.6%
Equity and liabilities €293k
Equity
€91k ▲ 34.9%
Debt
€202k ▼ 6.6%
Debt's share of the balance-sheet total falls from 76.2% to 68.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34k▼
2024 · €38k
Cash flow
€31k▼
2024 · €37k
Current ratio
0.19▼
2024 · 0.22
Debt to equity
2.22▼
2024 · 3.20
ROE
25.9%▼
2024 · 49.3%
ROA
8.0%▼
2024 · 11.7%
Interest coverage
89.61▼
2024 · 123.35
Debt ≤ 1 year
€202k▼
2024 · €216k
Income taxes
€2k▲
2024 · €1k
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€283k€293k▲
Fixed assets21/28€236k€254k▲
Tangible fixed assets22/27€236k€254k▲
Land and buildings22€224k€224k=
Furniture and vehicles24€670€4k▲
Other tangible fixed assets26€12k€26k▲
Current assets29/58€47k€39k▼
Amounts receivable within one year40/41€13k€803▼
Trade receivables40€13k-
Other amounts receivable41-€803
Cash at bank and in hand54/58€34k€38k▲
Equity and liabilities
Total equity and liabilities10/49€283k€293k▲
Equity10/15€67k€91k▲
Contributions10/11€8k€8k=
Reserves13€53k€73k▲
Distributable reserves133€53k€73k▲
Profit (loss) carried forward14€7k€10k▲
Amounts payable17/49€216k€202k▼
Amounts payable within one year42/48€216k€202k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€10k€2k▼
Taxes450/3€10k€2k▼
Other amounts payable47/48€203k€197k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€8k▲
Other operating charges640/8€1k-
Gross operating margin9900€40k€34k▼
Operating profit (loss)9901€35k€26k▼
Financial charges65/66B€310€375▲
Recurring financial charges65€310€375▲
Profit (loss) for the period before taxes9903€34k€26k▼
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€33k€24k▼
Profit (loss) for the period to be appropriated9905€33k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€30k▲
Profit (loss) brought forward from the previous period14P€-16k€7k▲
Transfer to equity691/2€10k€20k▲
To other reserves6921€10k€20k▲
The notes to these accounts (7 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €33k
Net result €33k after 6 loss-making years.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2011
10-10
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 2001
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.
Ambiorixsquare 61000 BrusselGround area
379 m²
Building footprint
239 m²
Volume, LiDAR
2,810 m³
2 parcels, Brussels · tallest building 20.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Victor Hugostraat 164, 1030 Schaarbeek
since 20012.101.291.796
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0108/00G002 | Brussels | 212 m² | 1 · 152 m² | 20.4 m · 5 fl. |
| 21905C0152/00G009 | Brussels | 167 m² | 1 · 87 m² | 12.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
1 connected companyLinked via shared directors
Shared director
→
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,450 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
Founded28-02-2001
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.