ProDigest
ActiveProDigest has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.16M and a net result of €33k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-2
Solvency91=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €410k at 30 days acceptable
Liquidity ample (current ratio 3.07 against 2.66 in 2024; short-term debt: 27.4% and cash: 8.4% of total assets), and 34.1% 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○neutral
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
65.9%
Return on assets
0.4%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Sector 72
lower
← fewer bankruptcies
more bankruptcies →
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
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
69 d late
2023
36 d early
2022
34 d early
2021
33 d early
2020
36 d early
2019
55 d late
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.16M▲ 0.6%
2024 · €5.13M
2018: €2.09M
2020: €3.69M
2021: €5.85M
2022: €5.86M
2023: €5.02M
2024: €5.13M
2018 → 2025
Total assets
€7.83M▲ 1.0%
2024 · €7.76M
2018: €4.84M
2020: €6.48M
2021: €8.56M
2022: €8.39M
2023: €8.74M
2024: €7.76M
2018 → 2025
Net result
€33k▼ 70.5%
2024 · €111k
2018: €9k
2020: €2.19M
2021: €2.16M
2022: €11k
2023: €-843k
2024: €111k
2018 → 2025
Working capital
€4.44M▲ 14.4%
2024 · €3.88M
2018: €1.85M
2020: €3.94M
2021: €5.92M
2022: €5.29M
2023: €4.16M
2024: €3.88M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.85M-€5.86M▲ 0.2%€5.02M▼ 14.4%€5.13M▲ 2.2%€5.16M▲ 0.6%
Operating result€2.79M-€56k▼ 98.0%€-857k€93k€1k▼ 98.6%
Net result€2.16M-€11k▼ 99.5%€-843k€111k€33k▼ 70.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 99% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.83M
Fixed assets
€1.24M▼ 18.7%
Current assets
€6.59M▲ 5.8%
Equity and liabilities €7.83M
Equity
€5.16M▲ 0.6%
Debt
€2.67M▲ 1.6%
The debt ratio rises from 33.9% to 34.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€571k▼
2024 · €639k
Cash flow
€602k▼
2024 · €656k
Solvency
65.9%▼
2024 · 66.1%
Current ratio
3.07▲
2024 · 2.66
Quick ratio
2.88▲
2024 · 2.47
Debt / equity
0.52▲
2024 · 0.51
ROE
0.6%▼
2024 · 2.2%
ROA
0.4%▼
2024 · 1.4%
Interest coverage
15.39▲
2024 · 8.88
Debt
€2.67M▲
2024 · €2.63M
Debt ≤ 1 year
€2.15M▼
2024 · €2.34M
Debt > 1 year
€0▼
2024 · €141k
Staff costs
€3.62M▲
2024 · €3.57M
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€7.76M€7.83M▲
Fixed assets21/28€1.53M€1.24M▼
Intangible fixed assets21€24k€60k▲
Tangible fixed assets22/27€1.46M€1.13M▼
Plant, machinery and equipment23€1.39M€1.04M▼
Furniture and vehicles24€63k€98k▲
Assets under construction and advance payments27€0-
Financial fixed assets28€51k€50k▼
Current assets29/58€6.23M€6.59M▲
Amounts receivable after more than one year29€1.59M€1.90M▲
Trade receivables290€75k€75k=
Other amounts receivable291€1.51M€1.82M▲
Stocks and contracts in progress3€443k€393k▼
Stocks30/36€443k€393k▼
Contracts in progress37€0-
Amounts receivable within one year40/41€3.39M€3.37M▼
Trade receivables40€2.96M€2.85M▼
Other amounts receivable41€423k€516k▲
Current investments50/53€118k€0▼
Cash at bank and in hand54/58€457k€655k▲
Deferred charges and accrued income490/1€232k€273k▲
Equity and liabilities
Total equity and liabilities10/49€7.76M€7.83M▲
Equity10/15€5.13M€5.16M▲
Contributions10/11€215k€215k=
Reserves13€1.09M€1.09M=
Distributable reserves133€1.09M€1.09M=
Profit (loss) carried forward14€3.82M€3.86M▲
Amounts payable17/49€2.63M€2.67M▲
Amounts payable after more than one year17€141k€0▼
Financial debts170/4€141k€0▼
Amounts payable within one year42/48€2.34M€2.15M▼
Current portion of amounts payable after more than one year42€570k€141k▼
Financial debts43€71€5k▲
Credit institutions430/8€71€5k▲
Trade debts44€651k€555k▼
Suppliers440/4€651k€555k▼
Advances received on contracts in progress46€556k€983k▲
Taxes, remuneration and social security45€493k€463k▼
Taxes450/3€20k€4k▼
Remuneration and social security454/9€473k€459k▼
Other amounts payable47/48€73k€0▼
Accrued charges and deferred income492/3€141k€521k▲
Income statement
Code20242025
Non-recurring operating income76A€0€40▲
Remuneration, social security and pensions62€3.57M€3.62M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€545k€569k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€15k€12k▼
Other operating charges640/8€10k€9k▼
Gross operating margin9900€4.23M€4.21M▼
Operating profit (loss)9901€93k€1k▼
Financial income75/76B€129k€103k▼
Recurring financial income75€129k€103k▼
Financial charges65/66B€111k€71k▼
Recurring financial charges65€72k€37k▼
Non-recurring financial charges66B€39k€34k▼
Profit (loss) for the period before taxes9903€111k€33k▼
Income taxes67/77€0-
Profit (loss) for the period9904€111k€33k▼
Profit (loss) for the period to be appropriated9905€111k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.82M€3.86M▲
Profit (loss) brought forward from the previous period14P€3.71M€3.82M▲
Social balance
Average headcount (FTE)908740.539.8▼
The notes to these accounts (21 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
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 69 days late
2024
31-12
Financial
Back to profitnet €111k
Net result €111k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-843k ▼8028%
Net result drops to €-843k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €5MEq €5.85M ▲58.5%
3 profitable years in a row build equity to €5.85M.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €2.19M ▲24294%
Net result €2.19M, the highest in the series.
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 55 days late
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
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
8 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, Gent · 1 establishment unit since 2008
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.
Technologiepark-Zwijnaarde 829052 GentGround area
1.5 ha
Building footprint
9,047 m²
Volume, LiDAR
114,315 m³
2 parcels, Flanders · tallest building 23.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Technologiepark-Zwijnaarde 4, 9052 Gent
since 20082.174.580.345
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082B0137/00V000 | Flanders | 1.3 ha | 1 · 7,125 m² | 23.8 m · 5 fl. |
| 44082B0143/00K000 | Flanders | 2,851 m² | 1 · 1,922 m² | 6.3 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 18 entries · 1,254,579 EUR awarded · 718,869 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 7 | 519,160 EUR | 184,264 EUR |
| 2024 | 5 | 2,300 EUR | 273,331 EUR |
| 2023 | 4 | 399,116 EUR | 127,664 EUR |
| 2022 | 2 | 334,003 EUR | 133,610 EUR |
Schemes
Onderzoeksproject
Ontwikkelingsproject
Innovatieprojecten in de context van een speerpuntcluster
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Show 1 more
Subsidies voor internationaal ondernemen
European research
7 projects · 1 as coordinator · 2,681,073 EUR EU contributionProgrammes
fp7
h2020
Projects
Use of Microorganisms for Carotenoids Delivery: Next Generation of Probiotics for Cardiovascular Disease
Satiety Innovation
New siRNA Nanotherapy for Inflammatory Bowel Diseases, targeting Janus kinases
Dietary Fibers supporting Gut and Immune Function - From polysaccharide compound to health claim
Deciphering the fungus-host-microbiota interplay to improve the management of fungal infections
Show 2 more projects
Beneficial effects of dietary bioactive peptides and polyphenols on cardiovascular health in humans
Biopolymer Based FOOd Delivery Systems
Recognitions · licences · registrations
Legal Entity Identifier
875500ZXCIZI8R5SBQ56
Similar companies · same sector, comparable size
ATB THERAPEUTICS
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BE 0540.866.555
Marche-en-Famenne · Eq €5.08M
NANOMEGAS
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Elsene · Eq €5.03M
ORIONIS BIOSCIENCES
BE 0635.962.088
Gent · Eq €4.92M
BOTALYS
BE 0834.134.177
Ath · Eq €4.90M
Of 761 companies in sector 72101 we hold annual accounts for 481. 198 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2008
Fiscal year end31-12
Activities, NACEBEL
72101Research and development on biotechnology
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
72109Other research and development on natural sciences
Sources
Crossroads Bank for EnterprisesNational Bank · 17 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.