IR1389B
ActiveIR1389B has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €-23k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 77% of 10252 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-72
Solvency90▼-10
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 3.2 against 5.33 in 2024; short-term debt: 30.3% and cash: 1.7% of total assets), and 34.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
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 · 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 2025Solvency, return and age of the figures
Solvency
65.3%
Return on assets
-20.4%
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 25-08-2026, 25 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
25 d late
2024
21 d late
2023
9 d late
2022
3 d early
2021
31 d late
2020
32 d late
2019
25 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€74k▼ 23.8%
2024 · €96k
2018: €71k
2019: €71k
2020: €82k
2021: €85k
2022: €91k
2023: €93k
2024: €96k
2018 → 2025
Total assets
€113k▼ 9.5%
2024 · €125k
2018: €75k
2019: €75k
2020: €118k
2021: €144k
2022: €150k
2023: €141k
2024: €125k
2018 → 2025
Net result
€-23k
2024 · €3k
2018: €8k
2019: €8k
2020: €5k
2021: €3k
2022: €6k
2023: €3k
2024: €3k
2018 → 2025
Working capital
€75k▼ 24.7%
2024 · €100k
2018: €70k
2019: €70k
2020: €67k
2021: €78k
2022: €91k
2023: €97k
2024: €100k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€85k-€91k▲ 6.7%€93k▲ 3.1%€96k▲ 3.3%€74k▼ 23.8%
Operating result€5k-€8k▲ 77.4%€5k▼ 38.5%€5k▼ 5.8%€-23k
Net result€3k-€6k▲ 75.6%€3k▼ 51.0%€3k▲ 9.2%€-23k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €23k after €5k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €112k
Fixed assets
€3k▲ 131%
Current assets
€109k▼ 11.1%
Equity and liabilities €113k
Equity
€74k▼ 23.8%
Debt
€39k▲ 39.4%
The debt ratio rises from 22.5% to 34.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-22k▼
2024 · €6k
Cash flow
€-22k▼
2024 · €4k
Solvency
65.3%▼
2024 · 77.5%
Current ratio
3.20▼
2024 · 5.33
Quick ratio
0.15▼
2024 · 0.15
Debt / equity
0.53▲
2024 · 0.29
ROE
-31.2%▼
2024 · 3.1%
ROA
-20.4%▼
2024 · 2.4%
Interest coverage
-231.31▼
2024 · 23.10
Debt
€39k▲
2024 · €28k
Debt ≤ 1 year
€34k▲
2024 · €23k
Debt > 1 year
€5k=
2024 · €5k
Income taxes
€259▼
2024 · €1k
Staff costs
€38k▼
2024 · €46k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€125k€113k▼
Formation expenses20€300€300=
Fixed assets21/28€1k€3k▲
Tangible fixed assets22/27-€2k
Furniture and vehicles24-€2k
Financial fixed assets28€1k€1k=
Current assets29/58€123k€109k▼
Stocks and contracts in progress3€119k€104k▼
Stocks30/36€119k€104k▼
Amounts receivable within one year40/41€1k€3k▲
Trade receivables40-€329
Other amounts receivable41€1k€3k▲
Cash at bank and in hand54/58€2k€2k▲
Deferred charges and accrued income490/1€574€217▼
Equity and liabilities
Total equity and liabilities10/49€125k€113k▼
Equity10/15€96k€74k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€76k€53k▼
Amounts payable17/49€28k€39k▲
Amounts payable after more than one year17€5k€5k=
Financial debts170/4€5k€5k=
Amounts payable within one year42/48€23k€34k▲
Trade debts44€8k€12k▲
Suppliers440/4€8k€12k▲
Taxes, remuneration and social security45€9k€9k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9€5k€5k=
Other amounts payable47/48€7k€13k▲
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€78k€93k▲
Remuneration, social security and pensions62€46k€38k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€440▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€53k€18k▼
Operating profit (loss)9901€5k€-23k▼
Financial charges65/66B€254€96▼
Recurring financial charges65€254€96▼
Profit (loss) for the period before taxes9903€4k€-23k▼
Income taxes67/77€1k€259▼
Profit (loss) for the period9904€3k€-23k▼
Profit (loss) for the period to be appropriated9905€3k€-23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€76k€53k▼
Profit (loss) brought forward from the previous period14P€73k€76k▲
The notes to these accounts (6 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 25 days late
2025
31-12
Financial
Weakest financial yearnet €-23k ▼855%
Net result drops to €-23k, the lowest in the series.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 32 days late
2020
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 25 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
12-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 43 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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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, Sint-Pieters-Woluwe · 1 establishment unit since 2010
Ground area
96 m²
Building footprint
87 m²
Volume, LiDAR
1,309 m³
Parcel 21019A0118/00X004, Brussels · tallest building 17.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
IR1389B
since 20102.206.145.630
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0118/00X004 | Brussels | 96 m² | 1 · 87 m² | 17.1 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Pieters-Woluwe2.206.145.630
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Of 10,530 companies in sector 47110 we hold annual accounts for 5,858. 4,673 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-08-2010
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
47279Other retail sale of food
47299Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.