SSED 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 €31k and a net result of €-30k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 7980 sector peers (fiscal year 2025). The company has been active since 2016 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 advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 7980 sector peers (2025).
NBB · sector comparisonPosition among 7980 sector peers
Solvency
better than 22%
← weakest
strongest →
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 · 9 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
1 d early
2022
27 d early
2021
22 d late
2020
31 d late
2019
17 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▼ 49.4%
2024 · €61k
2018: €87k
2019: €444k
2020: €2k
2021: €2k
2022: €2k
2023: €33k
2024: €61k
2018 → 2025
Net result
€-30k
2024 · €28k
2018: €309k
2019: €492k
2020: €205k
2021: €192k
2022: €111k
2023: €31k
2024: €28k
2018 → 2025
Total assets
€180k▼ 6.0%
2024 · €191k
2018: €541k
2019: €827k
2020: €537k
2021: €437k
2022: €326k
2023: €237k
2024: €191k
2018 → 2025
Solvency
17.2%▼ 14.8pp
2024 · 32.0%
2018: 16.0%
2019: 53.6%
2020: 0.4%
2021: 0.5%
2022: 0.7%
2023: 13.9%
2024: 32.0%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€2k=€33k▲ 1,400%€61k▲ 85.4%€31k▼ 49.4%
Operating result€249k-€141k▼ 43.5%€47k▼ 66.4%€44k▼ 7.3%€-30k
Net result€192k-€111k▼ 42.2%€31k▼ 72.2%€28k▼ 8.5%€-30k
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 €30k after €44k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €180k
Fixed assets
€161k▼ 14.4%
Current assets
€19k▲ 499%
Equity and liabilities €180k
Equity
€31k▼ 49.4%
Debt
€149k▲ 14.5%
The debt ratio rises from 68.0% to 82.8%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
17.2%▼
2024 · 32.0%
ROE
-97.5%▼
2024 · 46.1%
ROA
-16.8%▼
2024 · 14.7%
Debt
€149k▲
2024 · €130k
Debt ≤ 1 year
€149k▲
2024 · €130k
Income taxes
€0▼
2024 · €16k
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€191k€180k▼
Fixed assets21/28€188k€161k▼
Tangible fixed assets22/27€188k€161k▼
Plant, machinery and equipment23€7k€1k▼
Furniture and vehicles24€21k€10k▼
Leasing and similar rights25€160k€149k▼
Current assets29/58€3k€19k▲
Amounts receivable within one year40/41€1k€17k▲
Trade receivables40€1k€12k▲
Other amounts receivable41€67€5k▲
Cash at bank and in hand54/58€1k€2k▲
Deferred charges and accrued income490/1€447€471▲
Equity and liabilities
Total equity and liabilities10/49€191k€180k▼
Equity10/15€61k€31k▼
Contributions10/11€2k€2k=
Reserves13€59k€59k=
Distributable reserves133€59k€59k=
Profit (loss) carried forward14-€-30k
Amounts payable17/49€130k€149k▲
Amounts payable within one year42/48€130k€149k▲
Financial debts43€15€0▼
Credit institutions430/8€15€0▼
Trade debts44€830€31k▲
Suppliers440/4€830€31k▲
Taxes, remuneration and social security45€18k€16k▼
Taxes450/3€18k€16k▼
Other amounts payable47/48€111k€102k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€24k▼
Other operating charges640/8€643€501▼
Non-recurring operating charges66A€1k€5k▲
Gross operating margin9900€73k€-605▼
Operating profit (loss)9901€44k€-30k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€194€280▲
Recurring financial charges65€194€280▲
Profit (loss) for the period before taxes9903€44k€-30k▼
Income taxes67/77€16k€0▼
Profit (loss) for the period9904€28k€-30k▼
Profit (loss) for the period to be appropriated9905€28k€-30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€-30k▼
Transfer to equity691/2€28k€0▼
To other reserves6921€28k€0▼
The notes to these accounts (7 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 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-30k ▼207%
Net result drops to €-30k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Highest result since 2018net €492k ▲59.3%
Operating result €672k, net result €492k, both a record.
31-12
Financial
Equity above €200kEq €444k ▲412%
2 profitable years in a row build equity to €444k.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
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, Gent · 1 establishment unit since 2016
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.
Dosweg 469031 GentGround area
1,597 m²
Building footprint
317 m²
Volume, LiDAR
1,088 m³
Parcel 44017C0838/00E004, Flanders · tallest building 5.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
-
since 20162.253.467.475
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017C0838/00E004 | Flanders | 1,597 m² | 1 · 317 m² | 5.2 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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Of 24,726 companies in sector 64210 we hold annual accounts for 19,748. 8,868 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-05-2016
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.