Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CROSS ROAD ESTATES from Brugge, company number BE0770678559, closed financial year 2025 with a result of € 39,705 after tax. For that financial year CROSS ROAD ESTATES recorded revenue of € 76,682 and equity of € 346,287. Compared with financial year 2024, the result moved from € 45,911 to € 39,705. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2025.
€ 346,287
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 39,705
▼ 14% vs 2024
Profit after tax over the fiscal year.
€ 6,868
▼ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 189,401.
Debts at end 2025
€ 1.2 million
▼ 9% vs 2024
€ 129,937 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 708
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 7 days on average.
€ 7,342
▼ 68% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 315,213 | € 99,144 | € 61,524 | € 76,682 | ▲ 25% |
| Profit after taxes | € 20,534 | € 79,673 | € 45,911 | € 39,705 | ▼ 14% |
| Equity | € 180,998 | € 260,671 | € 306,582 | € 346,287 | ▲ 13% |
| Total debts | € 1,615,617 | € 1,868,346 | € 1,773,094 | € 1,677,555 | ▼ 5% |
| Cash | € 205,188 | € 11,731 | € 17,921 | € 6,868 | ▼ 62% |
| Land & buildings | € 1,445,014 | € 1,386,231 | € 1,327,449 | € 1,268,667 | ▼ 4% |
| Retained profit | € 24,112 | € 103,785 | € 149,696 | € 189,401 | ▲ 27% |
| Dividend | € 20,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 1,242,089 | € 1,499,772 | € 1,375,676 | € 1,248,696 | ▼ 9% |
| Balance sheet total | € 1,796,615 | € 2,129,017 | € 2,079,676 | € 2,023,842 | ▼ 3% |
Key figures of CROSS ROAD ESTATES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.
What happened to CROSS ROAD ESTATES?
What happened at CROSS ROAD ESTATES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 39,705 (▼ 14% vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
- David Holvoet became a director. NBB
In short
From € 20,534 profit in 2022 to € 39,705 profit in 2025.
Paid € 72,393 in corporate taxes since 2022.
Best year ever: 2023, with € 79,673 profit.
Paid out € 20,000 in dividends to the owners in total.
Management
Behind CROSS ROAD ESTATES is David Holvoet. It owns 100% of Timber Lake Estates itself.
Directors
According to the 2025 annual accounts
since 2021
Establishments
Establishment units
Physical locations of this company
Pathoekeweg 130/1
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0770.678.559
- VAT number
- BE 0770.678.559
- Registered office
- Pathoekeweg 130/1, 8000 Brugge
- Names & denominations
- CROSS ROAD ESTATES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2021
- Peppol
- Active · Active since 9 Sept 2026
- Activities · NACE
Activiteiten van holdings
Holdings
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Overige zakelijke dienstverlening, neg