Summary
RING BUILDING is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €34.64M and a net result of €5k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 82% of 2394 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
61 d late
2023
58 d late
2022
61 d late
2021
88 d late
2020
89 d late
2019
70 d late
← 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
Equity
€34.64M=
2024 · €34.64M
2018: €4.00M
2019: €34.41M
2020: €38.03M
2021: €37.22M
2022: €38.07M
2023: €37.97M
2024: €34.64M
2018 → 2025
Net result
€5k
2024 · €-3.33M
2018: €219k
2019: €146k
2020: €3.62M
2021: €-818k
2022: €952k
2023: €-98k
2024: €-3.33M
2018 → 2025
Total assets
€37.03M▼ 18.4%
2024 · €45.38M
2018: €6.29M
2019: €58.35M
2020: €62.23M
2021: €61.62M
2022: €49.11M
2023: €49.08M
2024: €45.38M
2018 → 2025
Solvency
93.6%▲ 17.2pp
2024 · 76.3%
2018: 63.5%
2019: 59.0%
2020: 61.1%
2021: 60.4%
2022: 77.5%
2023: 77.4%
2024: 76.3%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€37.22M-€38.07M▲ 2.3%€37.97M▼ 0.3%€34.64M▼ 8.8%€34.64M=
Operating result€179k-€-206k€-218k▼ 5.5%€-84k▲ 61.3%€-412k▼ 389%
Net result€-818k-€952k€-98k€-3.33M▼ 3,288%€5k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €412k in 2025 against €84k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37.03M
Fixed assets
€28.43M ▼ 1.1%
Current assets
€8.60M ▼ 48.3%
Equity and liabilities €37.03M
Equity
€34.64M =
Provisions
€1.06M ▼ 3.5%
Debt
€1.32M ▼ 86.3%
Debt's share of the balance-sheet total falls from 21.2% to 3.6%. Debt is lower.
Key figures and ratios
ROE
0.0%▲
2024 · -9.6%
ROA
0.0%▲
2024 · -7.3%
Debt ≤ 1 year
€598k▲
2024 · €541k
Staff costs
€183k▼
2024 · €193k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€45.38M€37.03M▼
Fixed assets21/28€28.76M€28.43M▼
Tangible fixed assets22/27€28.76M€28.43M▼
Land and buildings22€28.18M€27.71M▼
Plant, machinery and equipment23€577k€719k▲
Current assets29/58€16.62M€8.60M▼
Amounts receivable within one year40/41€15.96M€8.05M▼
Trade receivables40€455k€491k▲
Other amounts receivable41€15.51M€7.56M▼
Current investments50/53€1k€1k▲
Cash at bank and in hand54/58€120k€118k▼
Deferred charges and accrued income490/1€533k€432k▼
Equity and liabilities
Total equity and liabilities10/49€45.38M€37.03M▼
Equity10/15€34.64M€34.64M=
Contributions10/11€30.33M€30.33M=
Capital10€30.33M€30.33M=
Issued capital100€30.33M€30.33M=
Reserves13€3.54M€3.43M▼
Non-distributable reserves130/1€247k€254k▲
Legal reserve130€247k€254k▲
Tax-exempt reserves132€3.29M€3.18M▼
Profit (loss) carried forward14€764k€880k▲
Provisions and deferred taxes16€1.10M€1.06M▼
Deferred taxes168€1.10M€1.06M▼
Amounts payable17/49€9.64M€1.32M▼
Amounts payable after more than one year17€8.54M-
Financial debts170/4€8.54M-
Amounts payable within one year42/48€541k€598k▲
Trade debts44€408k€464k▲
Suppliers440/4€408k€464k▲
Taxes, remuneration and social security45€20k€20k▲
Taxes450/3€7k€8k▲
Remuneration and social security454/9€13k€12k▼
Other amounts payable47/48€113k€114k▲
Accrued charges and deferred income492/3€558k€725k▲
Income statement
Code20242025
Remuneration, social security and pensions62€193k€183k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€890k€977k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k€112k▲
Other operating charges640/8€397k€420k▲
Gross operating margin9900€1.40M€1.28M▼
Operating profit (loss)9901€-84k€-412k▼
Financial income75/76B€487k€379k▼
Recurring financial income75€487k€379k▼
Financial charges65/66B€3.77M€1k▼
Recurring financial charges65€249k€1k▼
Non-recurring financial charges66B€3.53M-
Profit (loss) for the period before taxes9903€-3.37M€-34k▲
Transfer from deferred taxes780€39k€39k=
Profit (loss) for the period9904€-3.33M€5k▲
Transfer from tax-exempt reserves789€116k€116k=
Profit (loss) for the period to be appropriated9905€-3.22M€121k▲
Appropriation of the result
Profit (loss) to be appropriated9906€764k€886k▲
Profit (loss) brought forward from the previous period14P€3.98M€764k▼
Transfer to equity691/2-€6k
To the legal reserve6920-€6k
Social balance
Average headcount (FTE)90872.02.0=
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
31-12
Financial
Weakest financial yearnet €-3.33M
Net result drops to €-3.33M, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 30.74
Current ratio from 10.53 to 30.74.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 58 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 61 days late
2022
31-12
Financial
Back to profitnet €952k
Net result €952k after one loss-making year.
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 88 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 89 days late
2020
31-12
Financial
Highest result since 2018net €3.62M ▲2381%
Operating result €397k, net result €3.62M, both a record.
31-12
Financial
Liquidity times 265current ratio 13.99
Current ratio from 0.05 to 13.99; short-term debt falls from €13.92M to €360k.
Show earlier events
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 70 days late
2019
31-12
Financial
Equity above €25MEq €34.41M ▲761%
2 profitable years in a row build equity to €34.41M.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
13 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, Brussel · 1 establishment unit since 1991
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.
Ravensteingalerij 31000 BrusselGround area
6,581 m²
Building footprint
5,789 m²
Volume, LiDAR
92,504 m³
Parcel 21804D0819/00R000, Brussels · tallest building 21.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Ravensteingalerij 3, 1000 Brussel
since 19912.231.318.912
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D0819/00R000 | Brussels | 6,581 m² | 1 · 5,789 m² | 21.9 m · 6 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
549300HYXDUD3GD2SV78
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 3,270 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-06-1991
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68321Property management for co-owned buildings (syndics)
68203Renting and operating of own or leased non-residential real estate, excluding land
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.