Summary
LECON is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.31M and a net result of €-51k. Equity is shrinking by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 8023 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
27 d early
2023
19 d early
2022
12 d early
2021
3 d early
2020
3 d early
2019
8 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
€2.31M▼ 2.2%
2024 · €2.36M
2018: €5.39M
2019: €5.47M
2020: €5.49M
2021: €5.50M
2022: €1.94M
2023: €2.37M
2024: €2.36M
2018 → 2025
Net result
€-51k▼ 568%
2024 · €-8k
2018: €376
2019: €78k
2020: €19k
2021: €9k
2022: €344k
2023: €426k
2024: €-8k
2018 → 2025
Total assets
€2.38M▼ 5.1%
2024 · €2.50M
2018: €5.69M
2019: €5.80M
2020: €5.68M
2021: €5.68M
2022: €2.04M
2023: €2.54M
2024: €2.50M
2018 → 2025
Solvency
97.1%▲ 2.9pp
2024 · 94.2%
2018: 94.7%
2019: 94.3%
2020: 96.5%
2021: 96.8%
2022: 95.2%
2023: 93.2%
2024: 94.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€195k-
Equity€5.50M-€1.94M▼ 64.7%€2.37M▲ 22.0%€2.36M▼ 0.3%€2.31M▼ 2.2%
Operating result€16k-€60k▲ 283%€49k▼ 18.0%€-16k€-57k▼ 260%
Net result€9k-€344k▲ 3,520%€426k▲ 24.0%€-8k€-51k▼ 568%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €57k in 2025 against €16k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.38M
Fixed assets
€2.08M ▲ 2.5%
Current assets
€297k ▼ 37.6%
Equity and liabilities €2.38M
Equity
€2.31M ▼ 2.2%
Debt
€70k ▼ 52.2%
Debt's share of the balance-sheet total falls from 5.8% to 2.9%. Equity and debt are lower.
Key figures and ratios
ROE
-2.2%▼
2024 · -0.3%
ROA
-2.2%▼
2024 · -0.3%
Debt ≤ 1 year
€70k▼
2024 · €146k
Income taxes
€8k▲
2024 · €975
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.50M€2.38M▼
Fixed assets21/28€2.03M€2.08M▲
Tangible fixed assets22/27€42k€33k▼
Plant, machinery and equipment23€913€456▼
Furniture and vehicles24€41k€33k▼
Financial fixed assets28€1.99M€2.05M▲
Current assets29/58€475k€297k▼
Amounts receivable after more than one year29€125k€125k=
Other amounts receivable291€125k€125k=
Amounts receivable within one year40/41€41k€44k▲
Trade receivables40€34k€35k▲
Other amounts receivable41€7k€9k▲
Current investments50/53€290k€0▼
Cash at bank and in hand54/58€15k€127k▲
Deferred charges and accrued income490/1€5k€1k▼
Equity and liabilities
Total equity and liabilities10/49€2.50M€2.38M▼
Equity10/15€2.36M€2.31M▼
Contributions10/11€1.46M€1.46M=
Reserves13€903k€852k▼
Distributable reserves133€903k€852k▼
Amounts payable17/49€146k€70k▼
Amounts payable within one year42/48€146k€70k▼
Financial debts43-€5
Credit institutions430/8-€5
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Taxes, remuneration and social security45€60k€7k▼
Taxes450/3€60k€7k▼
Other amounts payable47/48€80k€58k▼
Income statement
Code20242025
Non-recurring operating income76A€18k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-26k€-16k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-25k€-54k▼
Operating profit (loss)9901€-16k€-57k▼
Financial income75/76B€13k€13k▲
Recurring financial income75€13k€13k▲
Non-recurring financial income76B€0-
Financial charges65/66B€4k€99▼
Recurring financial charges65€4k€99▼
Profit (loss) for the period before taxes9903€-7k€-44k▼
Income taxes67/77€975€8k▲
Profit (loss) for the period9904€-8k€-51k▼
Profit (loss) for the period to be appropriated9905€-8k€-51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-51k▼
Transfer from equity791/2€8k€51k▲
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (8 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-51k
Net result drops to €-51k, the lowest in the series.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
26-05
State Gazette act
General meeting · Director appointment
Permanent representative · Director reappointment
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €426k ▲24%
Net result €426k, the highest in the series.
31-12
Financial
Equity above €2MEq €2.37M ▲22%
6 profitable years in a row build equity to €2.37M.
01-08
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 9current ratio 15.21
Current ratio from 1.73 to 15.21; short-term debt falls from €180k to €97k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
14-04
State Gazette act
General meeting · Board meeting
Director resignation · Director appointment
Show earlier events
08-04
State Gazette act
General meeting · Director reappointment
Permanent representative · Director appointment
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
08-04
State Gazette act
General meeting · Director reappointment
Permanent representative
2020
01-09
State Gazette act
General meeting · Director reappointment
Permanent representative
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
14-03
State Gazette act
General meeting · Director reappointment
Permanent representative · Director appointment
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
14-03
State Gazette act
General meeting · Director resignation
Director discharge · Statutes amendment · Herbert Houben
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
15-03
State Gazette act
General meeting · Director reappointment
Permanent representative
2016
31-05
State Gazette act
General meeting · Director reappointment
Permanent representative
10-03
State Gazette act
General meeting · Director reappointment
Permanent representative
2015
13-04
State Gazette act
General meeting · Director reappointment
Director appointment
2013
30-07
State Gazette act
Board meeting · General meeting
Director appointment · Permanent representative
2012
14-08
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
2011
03-08
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
2010
28-12
State Gazette act
General meeting · Statutes amendment
Director resignation · Director appointment
23-02
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
1 act for this company is 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, Bree · 1 establishment unit since 2010
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.
Vrijheidslaan 403960 BreeGround area
3,438 m²
Building footprint
329 m²
Volume, LiDAR
2,046 m³
Parcel 72004B0010/00F002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vrijheidslaan 40, 3960 Bree
since 20102.184.942.222
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72004B0010/00F002 | Flanders | 3,437 m² | 1 · 329 m² | 9.6 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.
Structure & network
Connections & network
5 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Shared director
→
Shared director
→
Show 1 more companies with a shared director
Shared director
→
Ownership & control
3 board mandatesBoard mandates of this companythis company sits on their board3
Similar companies · same sector, comparable size
MOBILITY IN MOTION
BE 0630.881.367
Ternat · Eq €2,307,045
JM BOUCHA INVEST
BE 0648.784.696
Herve · Eq €2,307,239
DePerfectieGroep
BE 0684.726.562
Hove · Eq €2,307,404
Immobilière de Beaufays
BE 0408.248.947
Chaudfontaine · Eq €2,308,954
SOCHRIMAN
BE 0537.900.335
Torhout · Eq €2,305,077
Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 10,476 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
Founded08-12-2009
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.