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POST X GEBOUW 5

Active
Public limited companyfounded 20178 yrs activeKunstlaan 58, 1000 Brussel, BelgiumKBO/BCE: BE 0686.856.307

POST X GEBOUW 5 has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.70M and a net result of €274k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 40% of 9716 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2024
69 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability43▼-15
Solvency46=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €250k at 30 days acceptable
Liquidity ample (current ratio 3.5 against 8.69 in 2023; short-term debt: 4% of total assets), but 78.5% 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+raises riskneutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
21.5%
Return on assets
1.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-06-2025, 48 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
48 d early
2023
36 d early
2022
48 d early
2021
47 d early
2020
44 d early
2019
59 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity
€3.70M▲ 8.0%
2023 · €3.43M
2019: €1.93M 2020: €2.30M 2021: €2.64M 2022: €3.05M 2023: €3.43M
2019 → 2024
Total assets
€17.24M▲ 7.3%
2023 · €16.06M
2019: €17.42M 2020: €16.77M 2021: €17.24M 2022: €17.69M 2023: €16.06M
2019 → 2024
Net result
€274k▼ 27.4%
2023 · €378k
2019: €-94k 2020: €373k 2021: €341k 2022: €409k 2023: €378k
2019 → 2024
Working capital
€1.73M▲ 117%
2023 · €799k
2019: €-14.69M 2020: €274k 2021: €1.21M 2022: €-11.95M 2023: €799k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€2.30M-€2.64M▲ 14.8%€3.05M▲ 15.5%€3.43M▲ 12.4%€3.70M▲ 8.0%
Operating result€624k-€523k▼ 16.3%€700k▲ 34.0%€740k▲ 5.7%€841k▲ 13.6%
Net result€373k-€341k▼ 8.5%€409k▲ 20.0%€378k▼ 7.6%€274k▼ 27.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€250k€500k€750kOperating result 2020: €624k€624kNet result 2020: €373k€373kOperating result 2021: €523k€523kNet result 2021: €341k€341kOperating result 2022: €700k€700kNet result 2022: €409k€409kOperating result 2023: €740k€740kNet result 2023: €378k€378kOperating result 2024: €841k€841kNet result 2024: €274k€274k20202021202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 14% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17.24M
Fixed assets €14.82M▼ 2.3%
Current assets €2.43M▲ 169%
Equity and liabilities €17.24M
Equity €3.70M▲ 8.0%
Debt €13.54M▲ 7.2%
The debt ratio falls from 78.7% to 78.5%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€1.32M
2023 · €1.21M
Cash flow
€750k
2023 · €844k
Solvency
21.5%
2023 · 21.3%
Current ratio
3.50
2023 · 8.69
Quick ratio
3.50
2023 · 8.69
Debt / equity
3.66
2023 · 3.69
ROE
7.4%
2023 · 11.0%
ROA
1.6%
2023 · 2.4%
Interest coverage
2.66
2023 · 4.40
Debt
€13.54M
2023 · €12.64M
Debt ≤ 1 year
€693k
2023 · €104k
Debt > 1 year
€12.00M
2023 · €12.05M
Income taxes
€99k
2023 · €126k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€16.06M€17.24M
Fixed assets21/28€15.16M€14.82M
Tangible fixed assets22/27€15.16M€14.82M
Land and buildings22€15.16M€14.82M
Financial fixed assets28€1€1=
Current assets29/58€903k€2.43M
Amounts receivable within one year40/41€765k€2.21M
Trade receivables40€206k€713k
Other amounts receivable41€559k€1.50M
Deferred charges and accrued income490/1€138k€216k
Equity and liabilities
Total equity and liabilities10/49€16.06M€17.24M
Equity10/15€3.43M€3.70M
Contributions10/11€2.57M€2.57M=
Capital10€2.57M€2.57M=
Issued capital100€2.57M€2.57M=
Reserves13€44k€57k
Non-distributable reserves130/1€44k€57k
Legal reserve130€44k€57k
Profit (loss) carried forward14€813k€1.07M
Amounts payable17/49€12.64M€13.54M
Amounts payable after more than one year17€12.05M€12.00M
Financial debts170/4€12.00M€12.00M=
Other amounts payable178/9€55k-
Amounts payable within one year42/48€104k€693k
Trade debts44€44k€106k
Suppliers440/4€44k€106k
Taxes, remuneration and social security45€59k€587k
Taxes450/3€59k€587k
Accrued charges and deferred income492/3€479k€850k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€466k€476k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€23k
Other operating charges640/8€51k€596k
Gross operating margin9900€1.26M€1.94M
Operating profit (loss)9901€740k€841k
Financial income75/76B€38k€28k
Recurring financial income75€38k€28k
Financial charges65/66B€274k€496k
Recurring financial charges65€274k€496k
Profit (loss) for the period before taxes9903€504k€373k
Income taxes67/77€126k€99k
Profit (loss) for the period9904€378k€274k
Profit (loss) for the period to be appropriated9905€378k€274k
Appropriation of the result
Profit (loss) to be appropriated9906€832k€1.09M
Profit (loss) brought forward from the previous period14P€454k€813k
Transfer to equity691/2€19k€14k
To the legal reserve6920€19k€14k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
13-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Liquidity times 57current ratio 8.69
Current ratio from 0.15 to 8.69; short-term debt falls from €14.12M to €104k.
13-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2019net €409k ▲20%
Net result €409k, the highest in the series.
14-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Liquidity quadruplescurrent ratio 22.67
Current ratio from 5.22 to 22.67; short-term debt falls from €65k to €56k.
17-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Back to profitnet €373k
Net result €373k after one loss-making year.
31-12
Financial Liquidity times 151current ratio 5.22
Current ratio from 0.03 to 5.22; short-term debt falls from €15.21M to €65k.
31-12
Financial Equity above €2MEq €2.30M ▲19.4%
Equity rises from €1.93M to €2.30M.
24-12
State Gazette act General meeting · Member resignation
Share transfer · Capital decrease
02-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2017
establishment The establishment unit on the map
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.

Kunstlaan 581000 Brussel
Ground area
3,149 m²
Building footprint
3,026 m²
Volume, LiDAR
70,303 m³
Parcel 21805E0482/00C000, Brussels · tallest building 31.9 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
POST X GEBOUW 5
Kunstlaan 58, 1000 BrusselRenting and operating of own or leased non-residential real estate, excluding land
since 20172.274.723.244
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21805E0482/00C000 Brussels 3,149 m² 1 · 3,026 m² 31.9 m · 9 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.

Statutory auditor

1 auditor
Ernst et Young Reviseurs d'Entreprises
Statutory auditor · represented by Ömer Turna
- → 08-02-2021

Structure & network

Similar companies · same sector, comparable size

Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 3,001 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded27-12-2017
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.