COURTIS 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 €3.32M and a net result of €-45k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 67% of 2389 sector peers (fiscal year 2025). The company has been active since 2013 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
Three signals. The signal on the left, the evidence on the right.
○neutral
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 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
48 d early
2023
41 d early
2022
45 d early
2021
32 d early
2020
124 d early
2019
31 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€3.32M▼ 1.3%
2024 · €3.36M
2018: €3.55M
2019: €3.51M
2020: €3.54M
2021: €3.51M
2022: €3.50M
2023: €3.42M
2024: €3.36M
2018 → 2025
Net result
€-45k▲ 24.3%
2024 · €-59k
2018: €3k
2019: €-36k
2020: €25k
2021: €-24k
2022: €-15k
2023: €-72k
2024: €-59k
2018 → 2025
Total assets
€4.21M=
2024 · €4.21M
2018: €5.28M
2019: €5.36M
2020: €5.36M
2021: €4.36M
2022: €4.25M
2023: €4.23M
2024: €4.21M
2018 → 2025
Solvency
78.9%▼ 1.0pp
2024 · 79.9%
2018: 67.1%
2019: 65.5%
2020: 66.0%
2021: 80.5%
2022: 82.2%
2023: 80.9%
2024: 79.9%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.51M-€3.50M▼ 0.4%€3.42M▼ 2.1%€3.36M▼ 1.7%€3.32M▼ 1.3%
Operating result€-35k-€-43k▼ 22.4%€-48k▼ 12.3%€-45k▲ 7.6%€-29k▲ 34.9%
Net result€-24k-€-15k▲ 37.0%€-72k▼ 370%€-59k▲ 17.5%€-45k▲ 24.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €29k in 2025 against €45k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.15M
Fixed assets
€4.14M=
Current assets
€14k▲ 46.0%
Equity and liabilities €4.21M
Equity
€3.32M▼ 1.3%
Debt
€889k▲ 5.1%
The debt ratio rises from 20.1% to 21.1%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
78.9%▼
2024 · 79.9%
ROE
-1.4%▲
2024 · -1.8%
ROA
-1.1%▲
2024 · -1.4%
Debt
€889k▲
2024 · €846k
Debt ≤ 1 year
€670k▲
2024 · €606k
Debt > 1 year
€219k▼
2024 · €240k
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€4.21M€4.21M=
Formation expenses20€63k€57k▼
Fixed assets21/28€4.14M€4.14M=
Tangible fixed assets22/27€942k€942k=
Land and buildings22€942k€942k=
Financial fixed assets28€3.20M€3.20M=
Current assets29/58€10k€14k▲
Cash at bank and in hand54/58€9k€13k▲
Deferred charges and accrued income490/1€931€1k▲
Equity and liabilities
Total equity and liabilities10/49€4.21M€4.21M=
Equity10/15€3.36M€3.32M▼
Contributions10/11€3.50M€3.50M=
Revaluation surpluses12€492k€492k=
Reserves13€22k€22k=
Distributable reserves133€22k€22k=
Profit (loss) carried forward14€-653k€-697k▼
Amounts payable17/49€846k€889k▲
Amounts payable after more than one year17€240k€219k▼
Financial debts170/4€240k€219k▼
Amounts payable within one year42/48€606k€670k▲
Current portion of amounts payable after more than one year42€21k€21k▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Other amounts payable47/48€582k€647k▲
Income statement
Code20242025
Non-recurring operating income76A-€15k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€968€998▲
Gross operating margin9900€-38k€-22k▲
Operating profit (loss)9901€-45k€-29k▲
Financial charges65/66B€14k€16k▲
Recurring financial charges65€14k€16k▲
Profit (loss) for the period before taxes9903€-59k€-45k▲
Profit (loss) for the period9904€-59k€-45k▲
Profit (loss) for the period to be appropriated9905€-59k€-45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-653k€-697k▼
Profit (loss) brought forward from the previous period14P€-593k€-653k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (23 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
01-09
State Gazette act
Resignations & appointmentsBoard meeting · Director appointment · Director resignation8 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director appointment · Director resignation8 facts ▸
- Board meeting, 2026-04-15
- Director appointment, Charles-Antoine della Faille de Leverghem (personne déléguée à la gestion journalière)
- Director resignation, Jean-Claude Demeuse (administrateur délégué)
- General meeting, 2026-05-12
- Director appointment, Benoît Nicolay (administrateur)
- Director resignation, Jean-Claude Demeuse (administrateur)
- Director resignation, Guillaume Raoux (administrateur)
- Auditor reappointment, 3 ans, 2026-05-12
04-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
20-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-72k
Net result drops to €-72k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity times 751current ratio 14.29
Current ratio from 0.02 to 14.29; short-term debt falls from €651k to €141k.
29-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 directors, no change since 2026
Benoît Nicolay
CurrentDirector · since 12-05-2026
della Faille de Leverghem Charles-Antoine
CurrentPersonne déléguée à la gestion journalière · since 15-04-2026
31-12-2026
Jean-Claude DEMEUSE: Resigned as Managing director
31-12-2026
Jean-Claude DEMEUSE: Resigned as Director
12-05-2026
Benoît Nicolay: Appointed as Director
12-05-2026
Guillaume RAOUX: Resigned as Director
15-04-2026
della Faille de Leverghem Charles-Antoine: Appointed as Personne déléguée à la gestion journalière
Location & real-estate footprint
Registered office, Aywaille · 1 establishment unit since 2013
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.
Square Philippe Gilbert 24920 AywailleGround area
5,267 m²
Building footprint
1,448 m²
Parcel 62098H1005/00B000, Wallonia. Linked by address, not a title deed.
1 establishment unit
COURTIS
since 20132.223.274.246
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62098H1005/00B000 | Wallonia | 5,267 m² | 1 · 1,448 m² | - |
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.
Statutory auditor
1 auditor| Forvis Mazars Réviseurs d’EntreprisesCurrent Auditor | 12-05-2026 → present |
Structure & network
Connections & network
19 connected companiesLinked via shared directors
viadella Faille de Leverghem Charles-Antoine · Director
→
viadella Faille de Leverghem Charles-Antoine · Personne déléguée à la gestion journalière
→
viadella Faille de Leverghem Charles-Antoine · Personne déléguée à la gestion journalière
→
viadella Faille de Leverghem Charles-Antoine · Director
→
Show 15 more companies with a shared director
viadella Faille de Leverghem Charles-Antoine · Director
→
viadella Faille de Leverghem Charles-Antoine · Managing director
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viadella Faille de Leverghem Charles-Antoine · Managing director
→
viadella Faille de Leverghem Charles-Antoine · Director
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viadella Faille de Leverghem Charles-Antoine · Director
→
viadella Faille de Leverghem Charles-Antoine · Personne déléguée à la gestion journalière
→
viadella Faille de Leverghem Charles-Antoine · Director
→
viadella Faille de Leverghem Charles-Antoine · Director
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viadella Faille de Leverghem Charles-Antoine · Director
→
viadella Faille de Leverghem Charles-Antoine · Director
→
viadella Faille de Leverghem Charles-Antoine · Director
→
viadella Faille de Leverghem Charles-Antoine · Personne déléguée à la gestion journalière
→
viadella Faille de Leverghem Charles-Antoine · Managing director
→
viadella Faille de Leverghem Charles-Antoine · Personne déléguée à la gestion journalière
→
viadella Faille de Leverghem Charles-Antoine · Personne déléguée à la gestion journalière
→
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 9,406 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-08-2013
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.