Onbetaalbaar
ActiveOnbetaalbaar has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86k and a net result of €30k. Equity is growing by ~57.1% per year across the filed fiscal years. Its solvency ranks better than 25% of 10359 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+1
Solvency40▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity tight (current ratio 1.5 against 1.5 in 2024; short-term debt: 48.3% and cash: 22.8% of total assets), and 84.9% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
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
15.1%
Return on assets
5.3%
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 25% of 10359 sector peers (2025).
NBB · sector comparisonPosition among 10359 sector peers
Solvency
better than 25%
← 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 27-04-2026, 95 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
95 d early
2024
87 d early
2023
26 d early
2022
133 d early
← 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€86k▲ 48.4%
2024 · €58k
2022: €21k
2023: €38k
2024: €58k
2022 → 2025
Total assets
€569k▲ 18.1%
2024 · €482k
2022: €332k
2023: €485k
2024: €482k
2022 → 2025
Net result
€30k▲ 48.2%
2024 · €20k
2022: €15k
2023: €17k
2024: €20k
2022 → 2025
Working capital
€136k▲ 29.5%
2024 · €105k
2022: €21k
2023: €49k
2024: €105k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€21k-€38k▲ 81.0%€58k▲ 53.8%€86k▲ 48.4%
Operating result€24k-€32k▲ 32.5%€36k▲ 11.6%€44k▲ 24.6%
Net result€15k-€17k▲ 15.4%€20k▲ 20.3%€30k▲ 48.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 25% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €569k
Fixed assets
€158k▼ 5.7%
Current assets
€411k▲ 30.8%
Equity and liabilities €569k
Equity
€86k▲ 48.4%
Debt
€483k▲ 14.0%
The debt ratio falls from 87.9% to 84.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€62k▲
2024 · €52k
Cash flow
€48k▲
2024 · €36k
Solvency
15.1%▲
2024 · 12.1%
Current ratio
1.50▼
2024 · 1.50
Quick ratio
1.49▼
2024 · 1.49
Debt / equity
5.60▼
2024 · 7.29
ROE
34.9%▼
2024 · 35.0%
ROA
5.3%▲
2024 · 4.2%
Interest coverage
12.81▲
2024 · 8.45
Debt
€483k▲
2024 · €423k
Debt ≤ 1 year
€275k▲
2024 · €209k
Debt > 1 year
€116k▼
2024 · €150k
Income taxes
€9k▲
2024 · €9k
Staff costs
€476k▲
2024 · €424k
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€482k€569k▲
Fixed assets21/28€167k€158k▼
Tangible fixed assets22/27€167k€158k▼
Land and buildings22€12k€10k▼
Plant, machinery and equipment23€13k€13k▲
Furniture and vehicles24€9k€9k▼
Leasing and similar rights25€133k€126k▼
Current assets29/58€314k€411k▲
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€113k€242k▲
Trade receivables40€113k€231k▲
Other amounts receivable41€178€11k▲
Cash at bank and in hand54/58€171k€130k▼
Deferred charges and accrued income490/1€27k€37k▲
Equity and liabilities
Total equity and liabilities10/49€482k€569k▲
Equity10/15€58k€86k▲
Contributions10/11€1k€1k=
Reserves13€20k€20k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€37k€65k▲
Amounts payable17/49€423k€483k▲
Amounts payable after more than one year17€150k€116k▼
Financial debts170/4€149k€115k▼
Advances received on contracts in progress176€0-
Other amounts payable178/9€500€500=
Amounts payable within one year42/48€209k€275k▲
Current portion of amounts payable after more than one year42€8k€9k▲
Trade debts44€63k€129k▲
Suppliers440/4€63k€129k▲
Taxes, remuneration and social security45€53k€57k▲
Taxes450/3€16k€17k▲
Remuneration and social security454/9€37k€40k▲
Other amounts payable47/48€84k€80k▼
Accrued charges and deferred income492/3€65k€92k▲
Income statement
Code20242025
Non-recurring operating income76A-€909
Remuneration, social security and pensions62€424k€476k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€18k▲
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€1k€0▼
Gross operating margin9900€481k€540k▲
Operating profit (loss)9901€36k€44k▲
Financial income75/76B€20€4▼
Recurring financial income75€20€4▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€30k€40k▲
Income taxes67/77€9k€9k▲
Profit (loss) for the period9904€20k€30k▲
Profit (loss) for the period to be appropriated9905€20k€30k▲
Appropriation of the result
Profit (loss) to be appropriated9906€37k€67k▲
Profit (loss) brought forward from the previous period14P€17k€37k▲
Profit to be distributed694/7-€2k
Directors or managers695-€2k
Social balance
Average headcount (FTE)90877.88.0▲
The notes to these accounts (15 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
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2022net €30k ▲48.2%
Operating result €44k, net result €30k, both a record.
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Gavere · 1 establishment unit since 2016
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.
Kriephoekstraat 299890 GavereGround area
2,890 m²
Building footprint
455 m²
Volume, LiDAR
2,135 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ONBETAALBAAR atelier
since 20162.252.185.986
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44060A0317/00C000 | Flanders | 2,581 m² | 1 · 145 m² | 8.2 m · 2 fl. |
| 44362B0279/00R003 | Flanders | 310 m² | 1 · 310 m² | 4.7 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 3 entries · 150,234 EUR awarded · 40,250 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 50,236 EUR | 251 EUR |
| 2024 | 1 | 99,998 EUR | 39,999 EUR |
Schemes
Subsidies in het kader van de circulaire economie
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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FT DISTRIBUTION
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Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 1,294 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-02-2016
Fiscal year end31-12
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
47551Retail sale of household furniture
47591Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.