PSR
ActiveThe computed 12-month bankruptcy probability of PSR is 2.9% (moderate). The 2024 annual accounts show negative equity (€-8k) and a net result of €-17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 26052 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
18
/ 100
Critical
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency16▼-18
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.41 against 0.46 in 2023; short-term debt: 94.5% and cash: 0.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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 2024Solvency, return and age of the figures
Solvency
-9.2%
Return on assets
-20.1%
Age of the figures
21 mo
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 →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €-8k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
51 d early
2022
42 d early
2021
37 d early
2020
37 d early
2019
41 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-8k
2023 · €9k
2019: €3k
2020: €32k
2021: €33k
2022: €33k
2023: €9k
2019 → 2024
Total assets
€85k▼ 12.6%
2023 · €97k
2019: €53k
2020: €84k
2021: €78k
2022: €87k
2023: €97k
2019 → 2024
Net result
€-17k▲ 29.8%
2023 · €-24k
2019: €-3k
2020: €16k
2021: €1k
2022: €278
2023: €-24k
2019 → 2024
Working capital
€-47k▼ 14.8%
2023 · €-41k
2019: €5k
2020: €43k
2021: €22k
2022: €3k
2023: €-41k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€32k-€33k▲ 3.2%€33k▲ 0.8%€9k▼ 72.5%€-8k
Operating result€21k-€3k▼ 85.7%€2k▼ 44.0%€-23k€-14k▲ 37.6%
Net result€16k-€1k▼ 93.6%€278▼ 73.2%€-24k€-17k▲ 29.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2024 against €23k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €85k
Fixed assets
€52k▼ 15.9%
Current assets
€33k▼ 6.8%
Key figures and ratios
EBITDA
€91▲
2023 · €-10k
Cash flow
€-2k▲
2023 · €-11k
Solvency
-9.2%▼
2023 · 9.5%
Current ratio
0.41▼
2023 · 0.46
Quick ratio
0.38▼
2023 · 0.42
Debt / equity
-11.88▼
2023 · 9.53
ROA
-20.1%▲
2023 · -25.0%
Interest coverage
0.04▲
2023 · -11.22
Debt
€92k▲
2023 · €87k
Debt ≤ 1 year
€80k▲
2023 · €76k
Debt > 1 year
€12k▲
2023 · €11k
Income taxes
€148▲
2023 · €105
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€97k€85k▼
Fixed assets21/28€62k€52k▼
Tangible fixed assets22/27€61k€51k▼
Land and buildings22€26k€29k▲
Plant, machinery and equipment23€23k€17k▼
Furniture and vehicles24€12k€5k▼
Financial fixed assets28€500€500=
Current assets29/58€35k€33k▼
Amounts receivable after more than one year29€28k€28k=
Other amounts receivable291€28k€28k=
Stocks and contracts in progress3€3k€3k▼
Stocks30/36€3k€3k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€1k€1k▲
Other amounts receivable41€2k€373▼
Cash at bank and in hand54/58€1k€759▼
Deferred charges and accrued income490/1€621€0▼
Equity and liabilities
Total equity and liabilities10/49€97k€85k▼
Equity10/15€9k€-8k▼
Contributions10/11€19k€19k=
Reserves13€15k€15k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€-24k€-41k▼
Amounts payable17/49€87k€92k▲
Amounts payable after more than one year17€11k€12k▲
Financial debts170/4€11k€12k▲
Amounts payable within one year42/48€76k€80k▲
Current portion of amounts payable after more than one year42€1k€1k▲
Financial debts43€10k€11k▲
Credit institutions430/8€10k€11k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€5€405▲
Taxes450/3€5€405▲
Other amounts payable47/48€63k€65k▲
Income statement
Code20232024
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€15k▲
Other operating charges640/8€674€772▲
Gross operating margin9900€-10k€863▲
Operating profit (loss)9901€-23k€-14k▲
Financial income75/76B€47€20▼
Recurring financial income75€47€20▼
Financial charges65/66B€914€2k▲
Recurring financial charges65€914€2k▲
Profit (loss) for the period before taxes9903€-24k€-17k▲
Income taxes67/77€105€148▲
Profit (loss) for the period9904€-24k€-17k▲
Profit (loss) for the period to be appropriated9905€-24k€-17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-24k€-41k▼
Profit (loss) brought forward from the previous period14P-€-24k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-24k ▼8801%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.65
Current ratio from 1.17 to 2.65; short-term debt falls from €29k to €26k.
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Kalmthout · 1 establishment unit since 2018
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.
Bloemstraat (Ab) 472920 KalmthoutGround area
994 m²
Building footprint
178 m²
Volume, LiDAR
589 m³
Parcel 11662A0057/00B002, Flanders · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
PSR
since 20182.281.541.354
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662A0057/00B002 | Flanders | 994 m² | 1 · 178 m² | 5.1 m · 1 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.
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SERT AUTO
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Of 10,677 companies in sector 47811 we hold annual accounts for 5,222. 2,039 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-10-2018
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.