F12
ActiveSummary
F12 has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €248k and a net result of €47k. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 23% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
67
/ 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
Profitability60▼-16
Solvency45▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 2.21 in 2024; short-term debt: 21% and cash: 25.2% of total assets), but 80.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
19.7%
Return on assets
3.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 31694 sector peers (2025).
NBB · sector comparisonPosition among 31694 sector peers
Solvency
better than 23%
← weakest
strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
31 d early
2024
25 d late
2023
30 d early
2022
25 d early
2021
30 d early
2020
29 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
€248k▼ 29.4%
2024 · €351k
2020: €100k
2021: €210k
2022: €302k
2023: €393k
2024: €351k
2020 → 2025
Total assets
€1.25M▼ 6.1%
2024 · €1.34M
2020: €141k
2021: €424k
2022: €678k
2023: €959k
2024: €1.34M
2020 → 2025
Net result
€47k▼ 39.9%
2024 · €78k
2020: €98k
2021: €110k
2022: €92k
2023: €91k
2024: €78k
2020 → 2025
Working capital
€180k▼ 27.4%
2024 · €248k
2020: €62k
2021: €166k
2022: €258k
2023: €327k
2024: €248k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€210k-€302k▲ 43.8%€393k▲ 30.0%€351k▼ 10.7%€248k▼ 29.4%
Operating result€139k-€128k▼ 7.8%€126k▼ 1.6%€113k▼ 10.6%€97k▼ 13.7%
Net result€110k-€92k▼ 16.4%€91k▼ 1.6%€78k▼ 14.0%€47k▼ 39.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 14% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.25M
Fixed assets
€812k ▼ 8.3%
Current assets
€443k ▼ 1.9%
Equity and liabilities €1.25M
Equity
€248k ▼ 29.4%
Debt
€1.01M ▲ 2.1%
Debt's share of the balance-sheet total rises from 73.8% to 80.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€181k▼
2024 · €213k
Cash flow
€131k▼
2024 · €178k
Current ratio
1.68▼
2024 · 2.21
Debt to equity
4.06▲
2024 · 2.81
ROE
18.9%▼
2024 · 22.2%
ROA
3.7%▼
2024 · 5.8%
Interest coverage
4.35▼
2024 · 15.18
Debt ≤ 1 year
€264k▲
2024 · €204k
Debt > 1 year
€744k▼
2024 · €782k
Income taxes
€10k▼
2024 · €24k
Staff costs
€88k▲
2024 · €75k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.34M€1.25M▼
Fixed assets21/28€885k€812k▼
Tangible fixed assets22/27€870k€797k▼
Land and buildings22€816k€768k▼
Furniture and vehicles24€54k€29k▼
Financial fixed assets28€15k€15k=
Current assets29/58€452k€443k▼
Amounts receivable after more than one year29€158k€117k▼
Trade receivables290-€30k
Other amounts receivable291€158k€87k▼
Amounts receivable within one year40/41€52k€10k▼
Trade receivables40€52k€10k▼
Cash at bank and in hand54/58€242k€316k▲
Deferred charges and accrued income490/1€474-
Equity and liabilities
Total equity and liabilities10/49€1.34M€1.25M▼
Equity10/15€351k€248k▼
Contributions10/11€2k€2k=
Reserves13€349k€246k▼
Distributable reserves133€349k€246k▼
Amounts payable17/49€986k€1.01M▲
Amounts payable after more than one year17€782k€744k▼
Financial debts170/4€782k€744k▼
Amounts payable within one year42/48€204k€264k▲
Current portion of amounts payable after more than one year42€25k€43k▲
Trade debts44€11k€25k▲
Suppliers440/4€11k€25k▲
Taxes, remuneration and social security45€42k€44k▲
Taxes450/3€26k€10k▼
Remuneration and social security454/9€15k€34k▲
Other amounts payable47/48€126k€151k▲
Income statement
Code20242025
Remuneration, social security and pensions62€75k€88k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€100k€84k▼
Other operating charges640/8€8k€8k▲
Gross operating margin9900€296k€277k▼
Operating profit (loss)9901€113k€97k▼
Financial income75/76B€4k€2k▼
Recurring financial income75€4k€2k▼
Financial charges65/66B€14k€42k▲
Recurring financial charges65€14k€42k▲
Profit (loss) for the period before taxes9903€102k€57k▼
Income taxes67/77€24k€10k▼
Profit (loss) for the period9904€78k€47k▼
Profit (loss) for the period to be appropriated9905€78k€47k▼
Appropriation of the result
Profit (loss) to be appropriated9906€78k€47k▼
Transfer from equity791/2€120k€150k▲
Transfer to equity691/2€78k€47k▼
To other reserves6921€78k€47k▼
Profit to be distributed694/7€120k€150k▲
Return on contributions (dividend)694€120k€150k▲
The notes to these accounts (10 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €47k ▼39.9%
Net result drops to €47k, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €110k ▲12.3%
Operating result €139k, net result €110k, both a record.
31-12
Financial
Equity above €200kEq €210k ▲110%
2 profitable years in a row build equity to €210k.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB 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, Kraainem · 1 establishment unit since 2020
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.
Sint Pancratiuslaan 591950 KraainemGround area
1,468 m²
Building footprint
616 m²
Volume, LiDAR
4,467 m³
Parcel 22002A0351/00K002, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
F12
since 20202.301.388.247
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002A0351/00K002 | Flanders | 1,468 m² | 1 · 616 m² | 9.7 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.
Similar companies · same sector, comparable size
DN MANAGEMENT SERVICES
BE 0744.835.779
Meise · Eq €247,812
JAVERDI
BE 0437.029.540
Beringen · Eq €247,754
GOVERNMENT EXCHANGE
BE 0878.500.987
Brussel · Eq €247,842
Factory37
BE 0790.633.142
Zaventem · Eq €247,843
PALIZZY
BE 0771.363.301
Sint-Gillis (bij-Brussel) · Eq €247,737
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 38,961 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
Founded26-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.