GOLD-COMMODITIES -FOREX
ActiveSummary
GOLD-COMMODITIES -FOREX has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.79M and a net result of €1.09M. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 20% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▲+1
Solvency43▲+7
Growth65▲+1
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.09 in 2024; short-term debt: 79.3% and cash: 54% of total assets), and 81.9% 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 · 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
18.1%
Return on assets
5.2%
Age of the figures
9 mo
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 4867 sector peers (2025).
NBB · sector comparisonPosition among 4867 sector peers
Solvency
better than 20%
← 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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
48 d early
2023
35 d early
2022
67 d early
2021
27 d early
2020
8 d early
2019
21 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, full schema
Turnover
€769.05M▲ 8.2%
2024 · €710.59M
2018: €651.86M
2019: €677.38M
2020: €619.38M
2021: €580.01M
2022: €724.63M
2023: €675.31M
2024: €710.59M
2018 → 2025
EBIT margin
0.3%▲ 0.1pp
2024 · 0.2%
2018: 0.0%
2019: 0.1%
2020: 0.1%
2021: 0.2%
2022: 0.3%
2023: 0.2%
2024: 0.2%
2018 → 2025
Net result
€1.09M▼ 1.4%
2024 · €1.11M
2018: €19k
2019: €164k
2020: €607k
2021: €382k
2022: €1.40M
2023: €1.09M
2024: €1.11M
2018 → 2025
Working capital
€2.87M▲ 35.5%
2024 · €2.12M
2018: €423k
2019: €1.37M
2020: €1.44M
2021: €1.18M
2022: €1.99M
2023: €1.97M
2024: €2.12M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€580.01M-€724.63M▲ 24.9%€675.31M▼ 6.8%€710.59M▲ 5.2%€769.05M▲ 8.2%
Equity€1.50M-€2.60M▲ 73.0%€2.79M▲ 7.3%€2.97M▲ 6.3%€3.79M▲ 27.9%
Operating result€898k-€2.07M▲ 130%€1.33M▼ 35.6%€1.42M▲ 6.2%€1.99M▲ 40.5%
Net result€382k-€1.40M▲ 266%€1.09M▼ 22.0%€1.11M▲ 1.7%€1.09M▼ 1.4%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 40% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.98M
Fixed assets
€1.47M ▼ 3.1%
Current assets
€19.51M ▼ 26.8%
Equity and liabilities €20.98M
Equity
€3.79M ▲ 27.9%
Provisions
€155k
Debt
€17.03M ▼ 32.4%
Debt's share of the balance-sheet total falls from 89.5% to 81.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.19M▲
2024 · €1.65M
Cash flow
€1.29M▼
2024 · €1.34M
Current ratio
1.17▲
2024 · 1.09
Quick ratio
0.89▼
2024 · 1.01
Debt to equity
4.49▼
2024 · 8.50
ROE
28.8%▼
2024 · 37.4%
ROA
5.2%▲
2024 · 3.9%
Interest coverage
49.70▲
2024 · 25.26
Debt ≤ 1 year
€16.64M▼
2024 · €24.54M
Debt > 1 year
€392k▼
2024 · €640k
Income taxes
€457k▲
2024 · €405k
Staff costs
€759k▲
2024 · €721k
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 · 81 lines
Balance sheet
Code20242025
Assets
Total assets20/58€28.18M€20.98M▼
Fixed assets21/28€1.51M€1.47M▼
Intangible fixed assets21€243k€230k▼
Tangible fixed assets22/27€1.27M€1.24M▼
Land and buildings22€1.22M€1.17M▼
Plant, machinery and equipment23€11k€3k▼
Furniture and vehicles24€44k€60k▲
Current assets29/58€26.66M€19.51M▼
Stocks and contracts in progress3€1.98M€4.76M▲
Stocks30/36€1.98M€4.76M▲
Goods purchased for resale34€1.98M€4.76M▲
Amounts receivable within one year40/41€12.81M€3.36M▼
Trade receivables40€12.81M€3.36M▼
Other amounts receivable41-€1k
Cash at bank and in hand54/58€11.82M€11.33M▼
Deferred charges and accrued income490/1€47k€59k▲
Equity and liabilities
Total equity and liabilities10/49€28.18M€20.98M▼
Equity10/15€2.97M€3.79M▲
Contributions10/11€750k€750k=
Capital10€750k€750k=
Issued capital100€750k€750k=
Reserves13€161k€161k=
Non-distributable reserves130/1€75k€75k=
Legal reserve130€75k€75k=
Distributable reserves133€86k€86k=
Profit (loss) carried forward14€2.05M€2.88M▲
Provisions and deferred taxes16-€155k
Provisions for liabilities and charges160/5-€155k
Other liabilities and charges164/5-€155k
Amounts payable17/49€25.21M€17.03M▼
Amounts payable after more than one year17€640k€392k▼
Financial debts170/4€640k€392k▼
Credit institutions173€640k€392k▼
Amounts payable within one year42/48€24.54M€16.64M▼
Current portion of amounts payable after more than one year42€595k€249k▼
Financial debts43€7.93M€6.66M▼
Other loans439€7.93M€6.66M▼
Trade debts44€14.76M€7.59M▼
Suppliers440/4€14.76M€7.59M▼
Advances received on contracts in progress46-€1.51M
Taxes, remuneration and social security45€355k€403k▲
Taxes450/3€270k€297k▲
Remuneration and social security454/9€85k€106k▲
Other amounts payable47/48€900k€225k▼
Accrued charges and deferred income492/3€29k€536▼
Income statement
Code20242025
Operating income70/76A€710.66M€769.16M▲
Turnover70€710.59M€769.05M▲
Other operating income74€53k€107k▲
Non-recurring operating income76A€12k-
Operating charges60/66A€709.24M€767.17M▲
Goods for resale, raw materials and consumables60€705.52M€762.88M▲
Purchases600/8€707.30M€764.39M▲
Change in stocks: decrease (increase)609€-1.78M€-1.51M▲
Services and other goods61€2.75M€3.16M▲
Remuneration, social security and pensions62€721k€759k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€235k€200k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€155k
Other operating charges640/8€16k€13k▼
Operating profit (loss)9901€1.42M€1.99M▲
Financial income75/76B€460k€26k▼
Recurring financial income75€460k€26k▼
Income from financial fixed assets750€163€12▼
Income from current assets751€6-
Other financial income752/9€460k€26k▼
Non-recurring financial income76B€11-
Financial charges65/66B€362k€465k▲
Recurring financial charges65€302k€460k▲
Debt charges650€65k€44k▼
Other financial charges652/9€236k€416k▲
Non-recurring financial charges66B€60k€5k▼
Profit (loss) for the period before taxes9903€1.51M€1.55M▲
Income taxes67/77€405k€457k▲
Taxes670/3€405k€457k▲
Profit (loss) for the period9904€1.11M€1.09M▼
Profit (loss) for the period to be appropriated9905€1.11M€1.09M▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.99M€3.15M▲
Profit (loss) brought forward from the previous period14P€1.88M€2.05M▲
Profit to be distributed694/7€933k€267k▼
Return on contributions (dividend)694€900k€225k▼
Employees696€33k€42k▲
Social balance
Average headcount (FTE)90878.68.6=
The notes to these accounts (50 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
27-08
State Gazette act
Reappointments: Callens, Vandelanotte & Theunissen BV, Jean-Yves Vanderheyden and 2 othersPermanent representative: Ken Snoeks · Appointment: Sarah Vanderheyden (non-executive director) · Power of attorney8 facts ▸
State Gazette act
Reappointments: Callens, Vandelanotte & Theunissen BV, Jean-Yves Vanderheyden and 2 others
Permanent representative: Ken Snoeks · Appointment: Sarah Vanderheyden (non-executive director) · Power of attorney8 facts ▸
- General meeting, 01-07-2026
- Auditor reappointment, Callens, Vandelanotte & Theunissen BV (statutory auditor)
- Permanent representative, Ken Snoeks
- Director appointment, Sarah Vanderheyden (non-executive director)
- Director reappointment, Jean-Yves Vanderheyden (director and managing director)
- Director reappointment, Tom Akkermans (director)
- Director reappointment, Paul Geyskens (director)
- Power of attorney, Van Den Neste & Partners BV
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €1.40M ▲266%
Operating result €2.07M, net result €1.40M, both a record.
31-12
Financial
Equity above €2MEq €2.60M ▲73%
5 profitable years in a row build equity to €2.60M.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €1MEq €1.11M ▲17.2%
2 profitable years in a row build equity to €1.11M.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 23 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
under verification, no change since 2026
This board is reconstructed from a single act (26109184). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Jean-Yves Vanderheyden
CurrentDirector and managing director · since 01-07-2026
Paul Geyskens
CurrentDirector · since 01-07-2026
Tom Akkermans
CurrentDirector · since 01-07-2026
Sarah Vanderheyden
CurrentNon-executive director · since 06-01-2026
01-07-2026
Jean-Yves Vanderheyden: Mandate renewed as Director and managing director
01-07-2026
Paul Geyskens: Mandate renewed as Director
01-07-2026
Tom Akkermans: Mandate renewed as Director
06-01-2026
Sarah Vanderheyden: Appointed as Non-executive director
Location & real-estate footprint
Registered office, Beersel · 1 establishment unit since 2011
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.
Winderickxplein 31652 BeerselGround area
194 m²
Building footprint
194 m²
Volume, LiDAR
1,402 m³
Parcel 23001B0044/02B000, Flanders · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Winderickxplein 3, 1652 Beersel
since 20112.196.189.371
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23001B0044/02B000 | Flanders | 194 m² | 1 · 194 m² | 11.8 m · 3 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.
Statutory auditor
1 auditor| Callens, Vandelanotte & Theunissen BVCurrent Statutory auditor · represented by Ken Snoeks | 01-07-2026 → present |
Recognitions · licences · registrations
Legal Entity Identifier
5493004ASPFEDNEY8V17
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Of 732 companies in sector 46820 we hold annual accounts for 388. 244 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
Founded10-01-2011
Fiscal year end31-12
Activities, NACEBEL 2025
46820Wholesale trade
64999Other financial services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.