PUBLIKADO
ActivePUBLIKADO has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €-10k. Equity is shrinking by ~15.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 55% of 11200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
62
/ 100
Healthy▼ -28 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency95▼-3
Growth58=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.4 against 2.74 in 2024), but 51.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
48.2%
Return on assets
-6.5%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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
17 d late
2024
18 d late
2023
1 d early
2022
23 d late
2021
18 d late
2020
31 d late
2019
363 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▼ 11.9%
2024 · €84k
2018: €253k
2019: €265k
2020: €224k
2021: €180k
2022: €175k
2023: €155k
2024: €84k
2018 → 2025
Total assets
€153k▼ 1.5%
2024 · €156k
2018: €848k
2019: €914k
2020: €885k
2021: €812k
2022: €843k
2023: €794k
2024: €156k
2018 → 2025
Net result
€-10k
2024 · €304k
2018: €-18k
2019: €11k
2020: €-41k
2021: €-43k
2022: €-5k
2023: €-21k
2024: €304k
2018 → 2025
Working capital
€89k▼ 9.5%
2024 · €98k
2018: €19k
2019: €22k
2020: €5k
2021: €-50k
2022: €-65k
2023: €-102k
2024: €98k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€180k-€175k▼ 2.9%€155k▼ 11.7%€84k▼ 45.8%€74k▼ 11.9%
Operating result€-13k-€19k€-360€392k€-10k
Net result€-43k-€-5k▲ 88.1%€-21k▼ 297%€304k€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €392k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €153k
Fixed assets
€644=
Current assets
€153k▼ 1.5%
Equity and liabilities €153k
Equity
€74k▼ 11.9%
Provisions
€15k=
Debt
€64k▲ 13.4%
The debt ratio rises from 36.4% to 41.9%: debt grows while equity shrinks.
Key figures and ratios
Solvency
48.2%▼
2024 · 53.9%
Current ratio
2.40▼
2024 · 2.74
Quick ratio
2.21▼
2024 · 2.58
Debt / equity
0.87▲
2024 · 0.68
ROE
-13.5%▼
2024 · 362.5%
ROA
-6.5%▼
2024 · 195.4%
Debt
€64k▲
2024 · €57k
Debt ≤ 1 year
€64k▲
2024 · €57k
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€156k€153k▼
Fixed assets21/28€644€644=
Financial fixed assets28€644€644=
Current assets29/58€155k€153k▼
Stocks and contracts in progress3€9k€12k▲
Stocks30/36€9k€12k▲
Amounts receivable within one year40/41€106k€103k▼
Trade receivables40€61k€64k▲
Other amounts receivable41€45k€40k▼
Cash at bank and in hand54/58€40k€27k▼
Deferred charges and accrued income490/1€277€10k▲
Equity and liabilities
Total equity and liabilities10/49€156k€153k▼
Equity10/15€84k€74k▼
Contributions10/11€19k€19k=
Reserves13€5k€5k=
Tax-exempt reserves132€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€61k€51k▼
Provisions and deferred taxes16€15k€15k=
Provisions for liabilities and charges160/5€15k€15k=
Major repairs and maintenance162€15k€15k=
Amounts payable17/49€57k€64k▲
Amounts payable within one year42/48€57k€64k▲
Trade debts44€50k€50k▼
Suppliers440/4€50k€50k▼
Taxes, remuneration and social security45€361€8k▲
Taxes450/3€361€6k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€6k€6k▼
Accrued charges and deferred income492/3-€646
Income statement
Code20242025
Non-recurring operating income76A€597k-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-589
Other operating charges640/8€46k€1k▼
Gross operating margin9900€439k€-10k▼
Operating profit (loss)9901€392k€-10k▼
Financial income75/76B€67€1k▲
Recurring financial income75€67€154▲
Non-recurring financial income76B-€1k
Financial charges65/66B€43k€809▼
Recurring financial charges65€43k€809▼
Profit (loss) for the period before taxes9903€350k€-10k▼
Income taxes67/77€45k-
Profit (loss) for the period9904€304k€-10k▼
Profit (loss) for the period to be appropriated9905€304k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€196k€51k▼
Profit (loss) brought forward from the previous period14P€-109k€61k▲
Profit to be distributed694/7€135k-
Return on contributions (dividend)694€135k-
The notes to these accounts (4 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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial
Back to profitnet €304k
Net result €304k after 4 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 2.74
Current ratio from 0.66 to 2.74; short-term debt falls from €302k to €57k.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
30-09
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 363 days late
2019
30-09
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2023
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
20-12-2023
Resigned as Director
Location & real-estate footprint
Registered office, Sint-Truiden · 2 establishment units since 1984
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.
Luikersteenweg 633800 Sint-TruidenGround area
3,283 m²
Building footprint
1,305 m²
Volume, LiDAR
8,748 m³
3 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
02
since 19842.059.816.180
Publikado
since 20122.211.992.651
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71353E0882/00Y000 | Flanders | 1,911 m² | 1 · 1,054 m² | 8.9 m · 2 fl. |
| 73049C0108/00D000 | Flanders | 1,207 m² | 1 · 159 m² | 8.9 m · 2 fl. |
| 71353E0364/00F002 | Flanders | 165 m² | 1 · 92 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
van Bruggen Nicolas
BE 0866.636.305
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DERA
BE 0464.836.470
Oudsbergen · Eq €73k
Z U
BE 0478.403.208
Tongeren-Borgloon · Eq €72k
WOODECO
BE 0877.125.963
Elsene · Eq €76k
GROEN AKTIEF
BE 0459.680.327
Zoutleeuw · Eq €72k
Of 673 companies in sector 46494 we hold annual accounts for 527. 329 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-1984
Fiscal year end31-12
Activities, NACEBEL
46494Wholesale of non-electrical household articles
51471
71209Other technical testing and analysis
74302
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.