ForLaw
ActiveForLaw has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €70k and a net result of €-12k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 95% of 4828 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
60
/ 100
Healthy▲ +8 vs 2023
The score combines four axes.
Axes · tick = 2023
Profitability0=
Solvency100=
Growth52=
Stability94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 255.07 against 6.67 in 2023), and 0.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
6 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
99.5%
Return on assets
-16.7%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
21222324
2021 to 2024 · latest year -€12k
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 19-06-2025, 42 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
125 d early
2022
34 d early
2021
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€70k▼ 14.4%
2023 · €81k
2021: €40k
2022: €90k
2023: €81k
2021 → 2024
Total assets
€70k▼ 16.3%
2023 · €83k
2021: €52k
2022: €96k
2023: €83k
2021 → 2024
Net result
€-12k▲ 37.0%
2023 · €-19k
2021: €39k
2022: €50k
2023: €-19k
2021 → 2024
Working capital
€68k▼ 1.1%
2023 · €69k
2021: €40k
2022: €87k
2023: €69k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€40k-€90k▲ 127%€81k▼ 9.6%€70k▼ 14.4%
Operating result€48k-€66k▲ 36.8%€-19k€-13k▲ 32.7%
Net result€39k-€50k▲ 30.4%€-19k€-12k▲ 37.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2024 against €19k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €70k
Fixed assets
€1k▼ 42.3%
Current assets
€69k▼ 15.6%
Equity and liabilities €70k
Equity
€70k▼ 14.4%
Debt
€350▼ 97.1%
The debt ratio falls from 13.1% to 0.5%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-12k▲
2023 · €-18k
Cash flow
€-11k▲
2023 · €-18k
Solvency
99.5%▲
2023 · 97.3%
Current ratio
255.07▲
2023 · 6.67
Quick ratio
255.07▲
2023 · 6.67
Debt / equity
0.01▼
2023 · 0.15
ROE
-16.8%▲
2023 · -22.9%
ROA
-16.7%▲
2023 · -22.3%
Interest coverage
-33.53▲
2023 · -163.71
Debt
€350▼
2023 · €12k
Debt ≤ 1 year
€269▼
2023 · €12k
Income taxes
€71▲
2023 · €0
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
Balance sheet
Code2024
Total assets
20/58€70k
Fixed assets
21/28€1k
Tangible fixed assets
22/27€1k
Current assets
29/58€69k
Amounts receivable within one year
40/41€710
Cash & bank
54/58€68k
Total equity & liabilities
10/49€70k
Equity
10/15€70k
Contributions / capital
10/11€1k
Reserves
13€69k
Amounts payable
17/49€350
Amounts payable within one year
42/48€269
Trade debts payable within one year
44€214
Income statement
Code2024
Gross operating margin
9900€-11k
Operating result
9901€-13k
Financial income
75€1k
Financial charges
65€350
Result before taxes
9903€-12k
Income taxes
67/77€71
Net result for the period
9904€-12k
Result to be appropriated
9905€-12k
This is the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan.
See plans →
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 38current ratio 255.07
Current ratio from 6.67 to 255.07; short-term debt falls from €12k to €269.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-19k ▼137%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €50k ▲30.4%
Operating result €66k, net result €50k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 15.65
Current ratio from 4.11 to 15.65; short-term debt falls from €13k to €6k.
29-07
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
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Of 22,132 companies in sector 69101 we hold annual accounts for 8,900. 7,342 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-05-2021
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 15-07-2026. Scores and ratios are computed by Checked and are not a credit decision.