StartAhead
ActiveStartAhead has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €11k. Equity is shrinking by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 74% of 16932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+25
Solvency100▲+39
Growth58=
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 3.01 against 1.16 in 2024), and 20.2% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
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 2025Solvency, return and age of the figures
Solvency
79.8%
Return on assets
18.1%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-03-2026, 130 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
130 d early
2024
23 d early
2023
16 d early
2022
30 d late
2021
92 d late
2020
11 d late
2019
27 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▲ 29.4%
2024 · €37k
2018: €76k
2019: €69k
2020: €70k
2021: €60k
2022: €61k
2023: €55k
2024: €37k
2018 → 2025
Total assets
€59k▼ 39.6%
2024 · €98k
2018: €118k
2019: €113k
2020: €98k
2021: €88k
2022: €124k
2023: €112k
2024: €98k
2018 → 2025
Net result
€11k▲ 96.9%
2024 · €5k
2018: €353
2019: €2k
2020: €749
2021: €298
2022: €530
2023: €-6k
2024: €5k
2018 → 2025
Working capital
€24k▲ 170%
2024 · €9k
2018: €59k
2019: €56k
2020: €58k
2021: €49k
2022: €36k
2023: €30k
2024: €9k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€60k-€61k▲ 0.9%€55k▼ 10.3%€37k▼ 33.1%€47k▲ 29.4%
Operating result€3k-€4k▲ 11.8%€-5k€10k€18k▲ 72.2%
Net result€298-€530▲ 78.0%€-6k€5k€11k▲ 96.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 72% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €59k
Fixed assets
€23k▼ 27.7%
Current assets
€36k▼ 45.3%
Equity and liabilities €59k
Equity
€47k▲ 29.4%
Debt
€12k▼ 80.5%
The debt ratio falls from 62.8% to 20.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€33k▲
2024 · €24k
Cash flow
€26k▲
2024 · €19k
Solvency
79.8%▲
2024 · 37.2%
Current ratio
3.01▲
2024 · 1.16
Quick ratio
3.01▲
2024 · 1.16
Debt / equity
0.25▼
2024 · 1.69
ROE
22.7%▲
2024 · 15.0%
ROA
18.1%▲
2024 · 5.6%
Interest coverage
36.44▲
2024 · 14.85
Debt
€12k▼
2024 · €62k
Debt ≤ 1 year
€12k▼
2024 · €57k
Debt > 1 year
€0▼
2024 · €4k
Income taxes
€7k▲
2024 · €4k
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€98k€59k▼
Fixed assets21/28€32k€23k▼
Tangible fixed assets22/27€32k€23k▼
Plant, machinery and equipment23€3k€3k▲
Furniture and vehicles24€28k€19k▼
Other tangible fixed assets26€1k€814▼
Financial fixed assets28€0-
Current assets29/58€66k€36k▼
Amounts receivable within one year40/41€54k€11k▼
Trade receivables40€26k€484▼
Other amounts receivable41€28k€11k▼
Cash at bank and in hand54/58€12k€20k▲
Deferred charges and accrued income490/1€316€5k▲
Equity and liabilities
Total equity and liabilities10/49€98k€59k▼
Equity10/15€37k€47k▲
Contributions10/11€6k€6k=
Reserves13€30k€41k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€28k€39k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€62k€12k▼
Amounts payable after more than one year17€4k€0▼
Financial debts170/4€4k€0▼
Amounts payable within one year42/48€57k€12k▼
Current portion of amounts payable after more than one year42€13k€4k▼
Trade debts44€14k€1k▼
Suppliers440/4€14k€1k▼
Taxes, remuneration and social security45€6k€6k▲
Taxes450/3€6k€6k▲
Other amounts payable47/48€24k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€15k▲
Other operating charges640/8€309€306▼
Gross operating margin9900€24k€33k▲
Operating profit (loss)9901€10k€18k▲
Financial income75/76B€337€168▼
Recurring financial income75€337€168▼
Financial charges65/66B€2k€903▼
Recurring financial charges65€2k€903▼
Profit (loss) for the period before taxes9903€9k€17k▲
Income taxes67/77€4k€7k▲
Profit (loss) for the period9904€5k€11k▲
Profit (loss) for the period to be appropriated9905€5k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€11k▲
Transfer from equity791/2€24k€0▼
Transfer to equity691/2€5k€11k▲
To other reserves6921€5k€11k▲
Profit to be distributed694/7€24k€0▼
Return on contributions (dividend)694€24k€0▼
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
Next filing, fiscal year 2026, expected by
2026
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €11k ▲96.9%
Operating result €18k, net result €11k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.01
Current ratio from 1.16 to 3.01; short-term debt falls from €57k to €12k.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-6k ▼1280%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brecht · 1 establishment unit since 2005
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.
Mendelssohnlaan 232960 BrechtGround area
593 m²
Building footprint
127 m²
Volume, LiDAR
525 m³
Parcel 11009A0324/00B017, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
StartAhead
since 20052.149.779.029
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11009A0324/00B017 | Flanders | 593 m² | 1 · 127 m² | 7.5 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.
Similar companies · same sector, comparable size
ICLCS
BE 0688.568.752
Elsene · Eq €47k
bmoreconsulting
BE 0657.814.903
Herzele · Eq €47k
LONKKO
BE 0505.775.717
Mouscron · Eq €47k
ENVICT
BE 0824.228.202
Sivry-Rance · Eq €47k
SARSORA CONSULTING
BE 0800.146.367
Liège · Eq €47k
Of 29,884 companies in sector 62200 we hold annual accounts for 18,321. 15,226 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-10-2005
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
46500Wholesale of information and communication equipment
46510Wholesale trade
51840
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
72300
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.