SERVICES - FOURNITURES - REALISATIONS
ActiveSummary
SERVICES - FOURNITURES - REALISATIONS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €945k and a net result of €27k. Equity is growing by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 91% of 143 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72▲+5
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 7.27 against 14.67 in 2023; short-term debt: 7.5% and cash: 7.2% of total assets), and 7.5% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 02
Relative position
BE, all sectors
reference
Sector 02
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
92.5%
Return on assets
2.6%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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
not confirmed
2024
20 d late
2023
138 d late
2022
141 d late
2021
26 d late
2020
23 d late
2019
143 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€27k
2023 · €-20k
2018: €112k
2019: €116k
2020: €182k
2021: €146k
2022: €146k
2023: €-20k
2018 → 2024
Working capital
€483k▼ 32.3%
2023 · €713k
2018: €512k
2019: €675k
2020: €831k
2021: €668k
2022: €721k
2023: €713k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€999k-€1.00M▲ 0.5%€1.08M▲ 7.8%€1.06M▼ 1.8%€945k▼ 11.0%
Operating result€211k-€177k▼ 16.2%€194k▲ 9.9%€-31k€32k
Net result€182k-€146k▼ 19.7%€146k▼ 0.3%€-20k€27k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €32k after a loss of €31k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.02M
Fixed assets
€462k ▲ 32.5%
Current assets
€560k ▼ 26.9%
Equity and liabilities €1.02M
Equity
€945k ▼ 11.0%
Debt
€77k ▲ 47.6%
Debt's share of the balance-sheet total rises from 4.7% to 7.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€132k▲
2023 · €46k
Cash flow
€127k▲
2023 · €57k
Current ratio
7.27▼
2023 · 14.67
Debt to equity
0.08▲
2023 · 0.05
ROE
2.8%▲
2023 · -1.9%
ROA
2.6%▲
2023 · -1.8%
Interest coverage
107.79▲
2023 · 32.86
Debt ≤ 1 year
€77k▲
2023 · €52k
Income taxes
€4k▲
2023 · €145
Staff costs
€7k▼
2023 · €8k
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 · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.11M€1.02M▼
Fixed assets21/28€349k€462k▲
Tangible fixed assets22/27€344k€442k▲
Land and buildings22€174k€174k=
Plant, machinery and equipment23€17k€13k▼
Furniture and vehicles24€153k€255k▲
Financial fixed assets28€5k€20k▲
Current assets29/58€766k€560k▼
Amounts receivable within one year40/41€501k€462k▼
Trade receivables40€119k€154k▲
Other amounts receivable41€382k€308k▼
Cash at bank and in hand54/58€255k€74k▼
Deferred charges and accrued income490/1€9k€24k▲
Equity and liabilities
Total equity and liabilities10/49€1.11M€1.02M▼
Equity10/15€1.06M€945k▼
Contributions10/11€62k€62k=
Outside capital11€62k€62k=
Other1109/19€62k€62k=
Reserves13€1.01M€863k▼
Non-distributable reserves130/1€15k€15k=
Reserves not available under the articles1311€15k€15k=
Tax-exempt reserves132€152k€152k=
Distributable reserves133€841k€697k▼
Profit (loss) carried forward14€-7k€20k▲
Amounts payable17/49€52k€77k▲
Amounts payable within one year42/48€52k€77k▲
Current portion of amounts payable after more than one year42€20k€15k▼
Trade debts44€30k€59k▲
Suppliers440/4€30k€59k▲
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€1k€2k▲
Remuneration and social security454/9€689€1k▲
Accrued charges and deferred income492/3-€20
Income statement
Code20232024
Non-recurring operating income76A€99€95▼
Remuneration, social security and pensions62€8k€7k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€100k▲
Other operating charges640/8€6k€12k▲
Gross operating margin9900€60k€151k▲
Operating profit (loss)9901€-31k€32k▲
Financial income75/76B€12k€838▼
Recurring financial income75€12k€838▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€-20k€31k▲
Income taxes67/77€145€4k▲
Profit (loss) for the period9904€-20k€27k▲
Profit (loss) for the period to be appropriated9905€-20k€27k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€20k▲
Profit (loss) brought forward from the previous period14P€13k€-7k▼
Transfer from equity791/2-€144k
Transfer to equity691/2-€144k
To other reserves6921-€144k
Social balance
Average headcount (FTE)90870.30.2▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 20 days late
2024
31-12
Financial
Back to profitnet €27k
Net result €27k after one loss-making year.
16-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 138 days late
2023
31-12
Financial
Weakest financial yearnet €-20k ▼114%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 141 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
31-12
Financial
Equity above €1MEq €1.00M ▲0.5%
4 profitable years in a row build equity to €1.00M.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
31-12
Financial
Highest result since 2018net €182k ▲57.2%
Operating result €211k, net result €182k, both a record.
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 143 days late
2019
12-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 104 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 120 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 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, Tinlot · 1 establishment unit since 2002
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.
Rue d'Ellemelle 124557 TinlotGround area
1,823 m²
Building footprint
140 m²
Volume, LiDAR
777 m³
Parcel 61055A0184/00E000, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue d'Ellemelle 12, 4557 Tinlot
since 20022.115.119.741
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61055A0184/00E000 | Wallonia | 1,823 m² | 1 · 140 m² | 7.1 m · 2 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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J.D.A. FOREST
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BONIMMO
BE 0882.007.043
Libin · Eq €921k
HEINRICHS
BE 0457.155.357
Sankt Vith · Eq €907k
Mils Group
BE 0449.136.031
Haacht · Eq €1.01M
Of 1,556 companies in sector 02200 we hold annual accounts for 449. 291 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
Founded26-09-2002
Fiscal year end31-12
Activities, NACEBEL 2025
02200Logging
81300Landscape service activities
43240Other construction installation
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:sfr_massin@yahoo.fr