Summary
AKABA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €1.58M and a net result of €74k. Equity is growing by ~66.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 6156 sector peers (fiscal year 2024). The company has been active since 2001 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
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
12 d early
2022
12 d early
2021
41 d early
2020
31 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€1.58M▲ 4.9%
2023 · €1.50M
2018: €138k
2019: €125k
2020: €314k
2021: €656k
2022: €1.48M
2023: €1.50M
2018 → 2024
Net result
€74k▼ 19.8%
2023 · €92k
2018: €175k
2019: €193k
2020: €189k
2021: €473k
2022: €826k
2023: €92k
2018 → 2024
Total assets
€1.61M▼ 0.6%
2023 · €1.62M
2018: €355k
2019: €340k
2020: €423k
2021: €837k
2022: €1.77M
2023: €1.62M
2018 → 2024
Solvency
98.1%▲ 5.1pp
2023 · 92.9%
2018: 38.9%
2019: 36.7%
2020: 74.1%
2021: 78.4%
2022: 83.6%
2023: 92.9%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€314k-€656k▲ 109%€1.48M▲ 126%€1.50M▲ 1.4%€1.58M▲ 4.9%
Operating result€264k-€675k▲ 156%€1.21M▲ 78.6%€128k▼ 89.4%€88k▼ 31.0%
Net result€189k-€473k▲ 151%€826k▲ 74.7%€92k▼ 88.9%€74k▼ 19.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 31% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.61M
Fixed assets
€46k ▼ 23.8%
Current assets
€1.56M ▲ 0.3%
Equity and liabilities €1.61M
Equity
€1.58M ▲ 4.9%
Debt
€31k ▼ 72.6%
Debt's share of the balance-sheet total falls from 7.1% to 1.9%. Equity is higher and debt is lower.
Key figures and ratios
ROE
4.7%▼
2023 · 6.1%
ROA
4.6%▼
2023 · 5.7%
Debt ≤ 1 year
€31k▼
2023 · €114k
Income taxes
€37k▼
2023 · €38k
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 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.62M€1.61M▼
Fixed assets21/28€61k€46k▼
Tangible fixed assets22/27€61k€46k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€58k€44k▼
Current assets29/58€1.56M€1.56M▲
Amounts receivable within one year40/41€82k€72k▼
Trade receivables40€28k€30k▲
Other amounts receivable41€54k€42k▼
Current investments50/53€1.05M€1.17M▲
Cash at bank and in hand54/58€415k€302k▼
Deferred charges and accrued income490/1€14k€15k▲
Equity and liabilities
Total equity and liabilities10/49€1.62M€1.61M▼
Equity10/15€1.50M€1.58M▲
Contributions10/11€13k€13k=
Reserves13€1.47M€1.55M▲
Distributable reserves133€1.47M€1.55M▲
Profit (loss) carried forward14€18k€18k=
Amounts payable17/49€114k€31k▼
Amounts payable within one year42/48€114k€31k▼
Trade debts44€6k€6k▲
Suppliers440/4€6k€6k▲
Taxes, remuneration and social security45€37k€25k▼
Taxes450/3€37k€25k▼
Other amounts payable47/48€72k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€21k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€150k€111k▼
Operating profit (loss)9901€128k€88k▼
Financial income75/76B€2k€22k▲
Recurring financial income75€2k€22k▲
Financial charges65/66B€239€372▲
Recurring financial charges65€239€372▲
Profit (loss) for the period before taxes9903€130k€110k▼
Income taxes67/77€38k€37k▼
Profit (loss) for the period9904€92k€74k▼
Profit (loss) for the period to be appropriated9905€92k€74k▼
Appropriation of the result
Profit (loss) to be appropriated9906€181k€92k▼
Profit (loss) brought forward from the previous period14P€90k€18k▼
Transfer to equity691/2€92k€74k▼
To other reserves6921€92k€74k▼
Profit to be distributed694/7€72k-
Return on contributions (dividend)694€72k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €74k ▼19.8%
Net result drops to €74k, the lowest in the series.
31-12
Financial
Liquidity quadruplescurrent ratio 49.95
Current ratio from 13.62 to 49.95; short-term debt falls from €114k to €31k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 13.62
Current ratio from 5.83 to 13.62; short-term debt falls from €291k to €114k.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €826k ▲74.7%
Operating result €1.21M, net result €826k, both a record.
31-12
Financial
Equity above €1MEq €1.48M ▲126%
5 profitable years in a row build equity to €1.48M.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €500kEq €656k ▲109%
4 profitable years in a row build equity to €656k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 3.81
Current ratio from 1.50 to 3.81; short-term debt falls from €215k to €110k.
Show earlier events
31-12
Financial
Equity above €200kEq €314k ▲151%
3 profitable years in a row build equity to €314k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
2015
23-03
State Gazette act
General meeting · Statutes amendment
Director resignation · Director discharge · Carole Guillemyn
27-02
State Gazette act
General meeting · Director reappointment
Board meeting · Permanent representative
27-02
State Gazette act
General meeting · Board meeting
Director reappointment · Director appointment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 2001
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.
Lakensestraat 1551000 BrusselGround area
876 m²
Building footprint
873 m²
Volume, LiDAR
11,682 m³
Parcel 21812N0985/00C000, Brussels · tallest building 20.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Establishment
since 20012.100.435.921
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N0985/00C000 | Brussels | 876 m² | 1 · 873 m² | 20.2 m · 5 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.
Structure & network
Connections & network
4 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Shared director
→
Shared director
→
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
2 locations
1 location
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 11,598 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 formPrivate limited company
Founded22-08-2001
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.