Needle
ActiveSummary
The computed 12-month bankruptcy probability of Needle is 2.2% (moderate). The 2025 annual accounts show negative equity (€-823k) and a net result of €-50k. Equity is shrinking by ~5.2% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
30
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth38=
Track record100
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Age of the figures
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-823k
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 27-07-2026, 4 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
4 d early
2024
24 d early
2023
20 d early
2022
8 d late
2021
25 d late
2020
19 d early
2019
22 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, full schema
Turnover
€13k▼ 94.2%
2020 · €220k
2018: €1.31M
2019: €330k
2020: €220k
2018 → 2021
EBIT margin
-19.6%▼ 35.3pp
2020 · 15.8%
2018: -48.6%
2019: 9.7%
2020: 15.8%
2018 → 2021
Net result
€-50k▲ 0.5%
2024 · €-51k
2018: €-680k
2019: €6k
2020: €7k
2021: €-30k
2022: €-37k
2023: €-50k
2024: €-51k
2018 → 2025
Working capital
€-823k▼ 6.5%
2024 · €-772k
2018: €-618k
2019: €-612k
2020: €-605k
2021: €-634k
2022: €-672k
2023: €-722k
2024: €-772k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13k-
Equity€-634k-€-672k▼ 5.9%€-722k▼ 7.5%€-772k▼ 7.0%€-823k▼ 6.5%
Operating result€-2k-€-9k▼ 260%€-13k▼ 41.7%€-10k▲ 17.0%€-13k▼ 22.3%
Net result€-30k-€-37k▼ 26.3%€-50k▼ 34.2%€-51k▼ 1.0%€-50k▲ 0.5%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €10k in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
Debt
€827k▲
2024 · €786k
Debt ≤ 1 year
€827k▲
2024 · €786k
Ratios withheld: a balance sheet total of €4k is too small for a meaningful ratio.
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 · 28 lines
Balance sheet
Code20242025
Assets
Total assets20/58€13k€4k▼
Current assets29/58€13k€4k▼
Amounts receivable within one year40/41€8k-
Other amounts receivable41€8k-
Cash at bank and in hand54/58€5k€4k▼
Deferred charges and accrued income490/1-€52
Equity and liabilities
Total equity and liabilities10/49€13k€4k▼
Equity10/15€-772k€-823k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-834k€-885k▼
Amounts payable17/49€786k€827k▲
Amounts payable within one year42/48€786k€827k▲
Trade debts44€14k€13k▼
Suppliers440/4€14k€13k▼
Other amounts payable47/48€772k€813k▲
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€10k€12k▲
Other operating charges640/8€773€716▼
Gross operating margin9900€-10k€-12k▼
Operating profit (loss)9901€-10k€-13k▼
Financial charges65/66B€40k€38k▼
Recurring financial charges65€40k€38k▼
Profit (loss) for the period before taxes9903€-51k€-50k▲
Profit (loss) for the period9904€-51k€-50k▲
Profit (loss) for the period to be appropriated9905€-51k€-50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-834k€-885k▼
Profit (loss) brought forward from the previous period14P€-784k€-834k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 8 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €7k ▲9.7%
Operating result €35k, net result €7k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Kontich · 1 establishment unit since 2017
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.
Veldkant 33 A2550 KontichGround area
3,333 m²
Building footprint
933 m²
Volume, LiDAR
7,846 m³
Parcel 11024B0079/00F000, Flanders · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Needle
since 20172.264.631.086
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11024B0079/00F000 | Flanders | 3,333 m² | 1 · 932 m² | 10.3 m · 3 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.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded03-01-2017
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.