MORTELMANS MANAGEMENT SERVICES
ActiveMORTELMANS MANAGEMENT SERVICES 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 €47k and a net result of €25k. Equity is growing by ~104.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 2365 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 05-01-2026, 5 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
5 d late
2024
317 d late
2023
19 d early
2022
2 d late
2021
3 d late
2020
60 d late
2019
21 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close06-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▲ 107%
2024 · €23k
2021: €-10k
2022: €122
2023: €11k
2024: €23k
2021 → 2025
Net result
€25k▲ 108%
2024 · €12k
2021: €-18k
2022: €10k
2023: €11k
2024: €12k
2021 → 2025
Total assets
€85k▲ 56.9%
2024 · €54k
2021: €66k
2022: €60k
2023: €43k
2024: €54k
2021 → 2025
Solvency
55.8%▲ 13.5pp
2024 · 42.2%
2021: -14.5%
2022: 0.2%
2023: 25.5%
2024: 42.2%
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-10k-€122€11k▲ 8,972%€23k▲ 107%€47k▲ 107%
Operating result€20k-€24k▲ 22.8%€25k▲ 3.7%€30k▲ 18.9%€49k▲ 63.7%
Net result€-18k-€10k€11k▲ 13.3%€12k▲ 7.9%€25k▲ 108%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 64% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85k
Fixed assets
€25k▼ 6.6%
Current assets
€60k▲ 118%
Equity and liabilities €85k
Equity
€47k▲ 107%
Debt
€38k▲ 20.2%
The debt ratio falls from 57.8% to 44.2%: equity grows faster than debt.
Key figures and ratios
Solvency
55.8%▲
2024 · 42.2%
ROE
51.7%▲
2024 · 51.6%
ROA
28.8%▲
2024 · 21.8%
Debt
€38k▲
2024 · €31k
Debt ≤ 1 year
€38k▲
2024 · €31k
Income taxes
€21k▲
2024 · €16k
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
Total assets
20/58€54k€85k▲
Fixed assets
21/28€27k€25k▼
Tangible fixed assets
22/27€27k€25k▼
Current assets
29/58€28k€60k▲
Amounts receivable within one year
40/41€3k€33k▲
Cash & bank
54/58€19k€21k▲
Total equity & liabilities
10/49€54k€85k▲
Equity
10/15€23k€47k▲
Contributions / capital
10/11€6k€6k=
Reserves
13€16k€40k▲
Accumulated profits (losses)
14€1k€2k▲
Amounts payable
17/49€31k€38k▲
Amounts payable within one year
42/48€31k€38k▲
Trade debts payable within one year
44€2k-
Income statement
Code20242025
Gross operating margin
9900€35k€61k▲
Operating result
9901€30k€49k▲
Financial income
75-€0
Financial charges
65€1k€4k▲
Result before taxes
9903€28k€45k▲
Income taxes
67/77€16k€21k▲
Net result for the period
9904€12k€25k▲
Result to be appropriated
9905€12k€25k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
13-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 317 days late
31-05
Financial
Highest result since 2021net €25k ▲108%
Operating result €49k, net result €25k, both a record.
2023
12-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
19-06
State Gazette act
Registered-office change
Pierre NICAISE
02-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-05
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
21-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
20-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 51 days late
2018
06-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 37 days late
2017
02-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 33 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
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Of 4,663 companies in sector 66220 we hold annual accounts for 3,191. 2,219 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-02-2002
Fiscal year end31-05
Activities, NACEBEL
66220Insurance agents and brokers
65122Insurance, reinsurance and pension funding, except compulsory social security
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 31-08-2026. Scores and ratios are computed by Checked and are not a credit decision.