LOAX
ActiveLOAX has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €326k and a net result of €55k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 18% of 1029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+23
Solvency44▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity short (current ratio 0.91 against 1.18 in 2024; short-term debt: 13.8% and cash: 11.6% of total assets), and 81.4% 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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
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
18.6%
Return on assets
3.1%
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 18% of 1029 sector peers (2025).
NBB · sector comparisonPosition among 1029 sector peers
Solvency
better than 18%
← 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 06-03-2026, 147 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
147 d early
2024
77 d early
2023
61 d early
2022
62 d early
2021
67 d early
2020
59 d early
2019
on the day
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€326k▼ 4.6%
2024 · €341k
2018: €251k
2019: €249k
2020: €322k
2021: €385k
2022: €378k
2023: €339k
2024: €341k
2018 → 2025
Total assets
€1.75M▼ 6.0%
2024 · €1.87M
2018: €2.69M
2019: €2.36M
2020: €2.36M
2021: €2.29M
2022: €2.19M
2023: €2.02M
2024: €1.87M
2018 → 2025
Net result
€55k▲ 82.4%
2024 · €30k
2018: €75k
2019: €-2k
2020: €73k
2021: €64k
2022: €75k
2023: €59k
2024: €30k
2018 → 2025
Working capital
€-22k
2024 · €31k
2018: €-94k
2019: €-59k
2020: €97k
2021: €148k
2022: €105k
2023: €109k
2024: €31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€385k-€378k▼ 1.9%€339k▼ 10.3%€341k▲ 0.6%€326k▼ 4.6%
Operating result€112k-€123k▲ 10.0%€138k▲ 12.1%€102k▼ 26.4%€113k▲ 11.1%
Net result€64k-€75k▲ 17.5%€59k▼ 21.5%€30k▼ 48.4%€55k▲ 82.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 11% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.75M
Fixed assets
€1.53M▼ 7.4%
Current assets
€220k▲ 5.1%
Equity and liabilities €1.75M
Equity
€326k▼ 4.6%
Debt
€1.43M▼ 6.3%
The debt ratio falls from 81.7% to 81.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€235k▲
2024 · €224k
Cash flow
€177k▲
2024 · €152k
Solvency
18.6%▲
2024 · 18.3%
Current ratio
0.91▼
2024 · 1.18
Quick ratio
0.91▼
2024 · 1.18
Debt / equity
4.39▼
2024 · 4.47
ROE
16.9%▲
2024 · 8.9%
ROA
3.1%▲
2024 · 1.6%
Interest coverage
7.23▲
2024 · 3.55
Debt
€1.43M▼
2024 · €1.52M
Debt ≤ 1 year
€242k▲
2024 · €178k
Debt > 1 year
€1.19M▼
2024 · €1.35M
Income taxes
€26k▲
2024 · €14k
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€1.87M€1.75M▼
Fixed assets21/28€1.66M€1.53M▼
Tangible fixed assets22/27€1.66M€1.53M▼
Land and buildings22€1.63M€1.52M▼
Leasing and similar rights25€26k€13k▼
Current assets29/58€209k€220k▲
Amounts receivable within one year40/41€12k€16k▲
Trade receivables40-€15k
Other amounts receivable41€12k€1k▼
Cash at bank and in hand54/58€197k€203k▲
Equity and liabilities
Total equity and liabilities10/49€1.87M€1.75M▼
Equity10/15€341k€326k▼
Contributions10/11€38k€38k=
Reserves13€303k€287k▼
Distributable reserves133€303k€287k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€1.52M€1.43M▼
Amounts payable after more than one year17€1.35M€1.19M▼
Financial debts170/4€1.35M€1.19M▼
Amounts payable within one year42/48€178k€242k▲
Current portion of amounts payable after more than one year42€176k€163k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45-€6k
Taxes450/3-€6k
Other amounts payable47/48-€71k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€122k€122k=
Other operating charges640/8€15k€15k▲
Gross operating margin9900€239k€250k▲
Operating profit (loss)9901€102k€113k▲
Financial income75/76B€6k€503▼
Recurring financial income75€6k€503▼
Financial charges65/66B€63k€32k▼
Recurring financial charges65€63k€32k▼
Profit (loss) for the period before taxes9903€44k€81k▲
Income taxes67/77€14k€26k▲
Profit (loss) for the period9904€30k€55k▲
Profit (loss) for the period to be appropriated9905€30k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€30k€55k▲
Transfer from equity791/2€28k€71k▲
Transfer to equity691/2€30k€55k▲
To other reserves6921€30k€55k▲
Profit to be distributed694/7€28k€71k▲
Return on contributions (dividend)694€28k€71k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (19 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
06-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €73k
Net result €73k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 1.76
Current ratio from 0.64 to 1.76; short-term debt falls from €165k to €128k.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-2k ▼103%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Lille · 1 establishment unit since 1999
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.
Pulsebaan 882275 LilleGround area
2,545 m²
Building footprint
387 m²
Volume, LiDAR
2,114 m³
2 parcels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pulsebaan 88a, 2275 Lille
since 19992.066.223.526
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13047D0124/00D000 | Flanders | 1,378 m² | 1 · 223 m² | 7.0 m · 2 fl. |
| 13047D0124/00C000 | Flanders | 1,168 m² | 1 · 164 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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INVULNERABLE
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Of 3,987 companies in sector 25110 we hold annual accounts for 2,148. 1,638 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-03-1994
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.