SORCER
ActiveSORCER has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78k and a net result of €-15k. Equity is shrinking by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 87% of 31061 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
60
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 18.78 against 2.36 in 2024), and 11.1% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
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
88.9%
Return on assets
-17.1%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year -€15k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
27 d late
2023
26 d late
2022
2 d late
2021
221 d late
2020
88 d late
2019
24 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
06-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€78k▼ 16.2%
2024 · €94k
2020: €222k
2021: €270k
2022: €332k
2023: €379k
2024: €94k
2020 → 2025
Total assets
€88k▼ 33.5%
2024 · €133k
2020: €373k
2021: €389k
2022: €415k
2023: €435k
2024: €133k
2020 → 2025
Net result
€-15k▲ 94.7%
2024 · €-285k
2020: €145k
2021: €48k
2022: €62k
2023: €47k
2024: €-285k
2020 → 2025
Working capital
€80k▲ 50.5%
2024 · €53k
2020: €174k
2021: €216k
2022: €261k
2023: €324k
2024: €53k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€270k-€332k▲ 22.9%€379k▲ 14.1%€94k▼ 75.3%€78k▼ 16.2%
Operating result€69k-€92k▲ 33.4%€68k▼ 26.0%€16k▼ 76.7%€-7k
Net result€48k-€62k▲ 28.4%€47k▼ 24.1%€-285k€-15k▲ 94.7%
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 €7k after €16k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88k
Fixed assets
€4k▼ 91.1%
Current assets
€85k▼ 8.3%
Equity and liabilities €88k
Equity
€78k▼ 16.2%
Debt
€10k▼ 74.9%
The debt ratio falls from 29.5% to 11.1%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-7k▼
2024 · €29k
Cash flow
€-15k▲
2024 · €-272k
Solvency
88.9%▲
2024 · 70.5%
Current ratio
18.78▲
2024 · 2.36
Quick ratio
18.78▲
2024 · 2.36
Debt / equity
0.13▼
2024 · 0.42
ROE
-19.3%▲
2024 · -304.8%
ROA
-17.1%▲
2024 · -214.9%
Interest coverage
-0.95▼
2024 · 0.10
Debt
€10k▼
2024 · €39k
Debt ≤ 1 year
€5k▼
2024 · €39k
Income taxes
€2k▲
2024 · €362
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
Total assets
20/58€133k€88k▼
Fixed assets
21/28€40k€4k▼
Tangible fixed assets
22/27€38k€1k▼
Financial fixed assets
28€2k€2k=
Current assets
29/58€92k€85k▼
Amounts receivable within one year
40/41€92k€84k▼
Total equity & liabilities
10/49€133k€88k▼
Equity
10/15€94k€78k▼
Contributions / capital
10/11€31k€31k=
Reserves
13€202k€202k=
Accumulated profits (losses)
14€-140k€-155k▼
Amounts payable
17/49€39k€10k▼
Amounts payable within one year
42/48€39k€5k▼
Trade debts payable within one year
44€6k€229▼
Income statement
Code20242025
Gross operating margin
9900€36k€30k▼
Operating result
9901€16k€-7k▼
Financial income
75€8€2k▲
Financial charges
65€301k€7k▼
Result before taxes
9903€-285k€-13k▲
Income taxes
67/77€362€2k▲
Net result for the period
9904€-285k€-15k▲
Result to be appropriated
9905€-285k€-15k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Liquidity times 8current ratio 18.78
Current ratio from 2.36 to 18.78; short-term debt falls from €39k to €5k.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet €-285k ▼708%
Net result drops to €-285k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
28-11
State Gazette act
Director changes
Steven PRAET
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
09-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 221 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
18-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
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Of 82,137 companies in sector 70200 we hold annual accounts for 51,755. 39,484 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-05-1995
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 21-07-2026. Scores and ratios are computed by Checked and are not a credit decision.