ML 20
ActiveML 20 has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €293k and a net result of €121k. Equity is growing by ~20.6% per year across the filed fiscal years. Its solvency ranks better than 29% of 31662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+6
Solvency53▼-2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 1.2 in 2024; short-term debt: 18.4% and cash: 4.2% of total assets), and 71.7% of the assets are financed with debt.
Credit advice 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
28.3%
Return on assets
11.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-01-2026, 18 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
18 d early
2024
32 d early
2023
51 d early
2022
42 d early
2021
42 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€293k▼ 14.8%
2024 · €344k
2021: €113k
2022: €208k
2023: €291k
2024: €344k
2021 → 2025
Total assets
€1.04M▼ 9.5%
2024 · €1.14M
2021: €190k
2022: €660k
2023: €983k
2024: €1.14M
2021 → 2025
Net result
€121k▲ 67.8%
2024 · €72k
2021: €110k
2022: €95k
2023: €90k
2024: €72k
2021 → 2025
Working capital
€11k▼ 74.1%
2024 · €44k
2021: €122k
2022: €195k
2023: €86k
2024: €44k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€113k-€208k▲ 84.2%€291k▲ 40.0%€344k▲ 17.9%€293k▼ 14.8%
Operating result€140k-€100k▼ 28.7%€107k▲ 7.0%€92k▼ 13.9%€161k▲ 75.6%
Net result€110k-€95k▼ 13.5%€90k▼ 5.2%€72k▼ 19.9%€121k▲ 67.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 76% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.04M
Fixed assets
€834k▼ 5.3%
Current assets
€202k▼ 23.6%
Equity and liabilities €1.04M
Equity
€293k▼ 14.8%
Debt
€743k▼ 7.2%
The debt ratio rises from 70.0% to 71.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€211k▲
2024 · €141k
Cash flow
€171k▲
2024 · €121k
Solvency
28.3%▼
2024 · 30.0%
Current ratio
1.06▼
2024 · 1.20
Quick ratio
1.06▼
2024 · 1.20
Debt / equity
2.54▲
2024 · 2.33
ROE
41.4%▲
2024 · 21.0%
ROA
11.7%▲
2024 · 6.3%
Interest coverage
18.50▲
2024 · 18.06
Debt
€743k▼
2024 · €801k
Debt ≤ 1 year
€191k▼
2024 · €221k
Debt > 1 year
€533k▼
2024 · €561k
Income taxes
€29k▲
2024 · €12k
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€1.14M€1.04M▼
Fixed assets21/28€881k€834k▼
Tangible fixed assets22/27€881k€834k▼
Land and buildings22€806k€779k▼
Furniture and vehicles24€74k€55k▼
Current assets29/58€264k€202k▼
Amounts receivable within one year40/41€111k€158k▲
Trade receivables40€88k€122k▲
Other amounts receivable41€23k€36k▲
Cash at bank and in hand54/58€153k€44k▼
Deferred charges and accrued income490/1€465€626▲
Equity and liabilities
Total equity and liabilities10/49€1.14M€1.04M▼
Equity10/15€344k€293k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€341k€290k▼
Amounts payable17/49€801k€743k▼
Amounts payable after more than one year17€561k€533k▼
Financial debts170/4€543k€515k▼
Other amounts payable178/9€17k€17k=
Amounts payable within one year42/48€221k€191k▼
Current portion of amounts payable after more than one year42€28k€28k▲
Trade debts44€120k€3k▼
Suppliers440/4€120k€3k▼
Taxes, remuneration and social security45€24k€40k▲
Taxes450/3€24k€40k▲
Other amounts payable47/48€48k€119k▲
Accrued charges and deferred income492/3€20k€20k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€49k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€142k€213k▲
Operating profit (loss)9901€92k€161k▲
Financial charges65/66B€8k€11k▲
Recurring financial charges65€8k€11k▲
Profit (loss) for the period before taxes9903€84k€150k▲
Income taxes67/77€12k€29k▲
Profit (loss) for the period9904€72k€121k▲
Profit (loss) for the period to be appropriated9905€72k€121k▲
Appropriation of the result
Profit (loss) to be appropriated9906€361k€462k▲
Profit (loss) brought forward from the previous period14P€288k€341k▲
Profit to be distributed694/7€20k€172k▲
Return on contributions (dividend)694-€147k
Directors or managers695€20k€25k▲
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
13-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2021net €121k ▲67.8%
Operating result €161k, net result €121k, both a record.
2024
30-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet €72k ▼19.9%
Net result drops to €72k, the lowest in the series; recovery starts the following year.
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Liquidity times 13current ratio 38.89
Current ratio from 2.90 to 38.89; short-term debt falls from €64k to €5k.
30-06
Financial
Equity above €200kEq €208k ▲84.2%
2 profitable years in a row build equity to €208k.
2021
20-12
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 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.
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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, Lochristi · 1 establishment unit since 2020
Ground area
3,558 m²
Building footprint
211 m²
Volume, LiDAR
1,255 m³
Parcel 44076G0083/00B000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ML 20
since 20202.300.332.432
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44076G0083/00B000 | Flanders | 3,558 m² | 1 · 211 m² | 8.6 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 369 EUR awarded · 369 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 369 EUR | 369 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 38,273 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-03-2020
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.