4 - PI - R
Active4 - PI - R has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €660k and a net result of €10k. Equity is growing by ~16.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 31540 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▼-1
Solvency59▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity short (current ratio 0.72 against 0.71 in 2024; short-term debt: 11.1% and cash: 0.7% of total assets), and 66% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
34%
Return on assets
0.5%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
3 d early
2023
on the day
2022
14 d late
2021
3 d late
2020
30 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10k▼ 20.8%
2024 · €12k
2019: €-6k
2020: €412k
2021: €-50k
2022: €-124k
2023: €340k
2024: €12k
2019 → 2025
Working capital
€-61k▲ 10.8%
2024 · €-68k
2019: €356k
2020: €89k
2021: €148k
2022: €-242k
2023: €-79k
2024: €-68k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€423k-€299k▼ 29.3%€638k▲ 114%€650k▲ 1.9%€660k▲ 1.5%
Operating result€-27k-€-99k▼ 264%€543k€11k▼ 98.1%€21k▲ 103%
Net result€-50k-€-124k▼ 146%€340k€12k▼ 96.4%€10k▼ 20.8%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 103% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.94M
Fixed assets
€1.79M▼ 4.2%
Current assets
€154k▼ 6.7%
Equity and liabilities €1.94M
Equity
€660k▲ 1.5%
Provisions
€185k▼ 4.4%
Debt
€1.10M▼ 7.7%
The debt ratio falls from 58.5% to 56.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€101k▲
2024 · €88k
Cash flow
€89k▼
2024 · €90k
Solvency
34.0%▲
2024 · 32.0%
Current ratio
0.72▲
2024 · 0.71
Quick ratio
0.72▲
2024 · 0.71
Debt / equity
1.66▼
2024 · 1.83
ROE
1.5%▼
2024 · 1.9%
ROA
0.5%▼
2024 · 0.6%
Interest coverage
7.26▲
2024 · 6.53
Debt
€1.10M▼
2024 · €1.19M
Debt ≤ 1 year
€215k▼
2024 · €233k
Debt > 1 year
€882k▼
2024 · €955k
Income taxes
€7k▲
2024 · €-1k
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€2.03M€1.94M▼
Fixed assets21/28€1.87M€1.79M▼
Tangible fixed assets22/27€1.58M€1.50M▼
Land and buildings22€1.18M€1.14M▼
Plant, machinery and equipment23€400k€360k▼
Furniture and vehicles24€2k€1k▼
Financial fixed assets28€292k€292k=
Current assets29/58€165k€154k▼
Amounts receivable after more than one year29€137k€137k=
Trade receivables290€137k€137k=
Amounts receivable within one year40/41€14k€63▼
Trade receivables40€13k-
Other amounts receivable41€63€63=
Current investments50/53€516€516=
Cash at bank and in hand54/58€11k€13k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€2.03M€1.94M▼
Equity10/15€650k€660k▲
Contributions10/11€20k€20k=
Reserves13€554k€564k▲
Tax-exempt reserves132€424k€399k▼
Distributable reserves133€130k€165k▲
Profit (loss) carried forward14€76k€77k▲
Provisions and deferred taxes16€194k€185k▼
Provisions for liabilities and charges160/5€52k€52k=
Pensions and similar obligations160€52k€52k=
Deferred taxes168€141k€133k▼
Amounts payable17/49€1.19M€1.10M▼
Amounts payable after more than one year17€955k€882k▼
Financial debts170/4€955k€882k▼
Amounts payable within one year42/48€233k€215k▼
Current portion of amounts payable after more than one year42€72k€73k▲
Financial debts43€14k-
Credit institutions430/8€14k-
Trade debts44€5k€4k▼
Suppliers440/4€5k€4k▼
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€10k€11k▲
Other amounts payable47/48€132k€127k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€79k▲
Other operating charges640/8€16k€9k▼
Gross operating margin9900€104k€110k▲
Operating profit (loss)9901€11k€21k▲
Financial income75/76B€6k€371▼
Recurring financial income75€6k€371▼
Financial charges65/66B€13k€14k▲
Recurring financial charges65€13k€14k▲
Profit (loss) for the period before taxes9903€3k€8k▲
Transfer from deferred taxes780€8k€9k▲
Income taxes67/77€-1k€7k▲
Profit (loss) for the period9904€12k€10k▼
Transfer from tax-exempt reserves789€23k€26k▲
Profit (loss) for the period to be appropriated9905€36k€35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€111k€112k▲
Profit (loss) brought forward from the previous period14P€75k€76k▲
Transfer to equity691/2€35k€35k=
To the legal reserve6920€35k-
To other reserves6921-€35k
The notes to these accounts (6 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
10-09
State Gazette act
General meeting · Director resignation
04-09
State Gazette act
General meeting · Director resignation
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €340k
Net result €340k after 2 loss-making years.
31-03
Financial
Equity above €500kEq €638k ▲114%
Equity rises from €299k to €638k.
2022
14-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
31-03
Financial
Weakest financial yearnet €-124k
Net result drops to €-124k, the lowest in the series; recovery starts the following year.
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 3 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
31-03
Financial
Back to profitnet €412k
Net result €412k after one loss-making year.
31-03
Financial
Equity above €200kEq €473k ▲677%
Equity rises from €61k to €473k.
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 28 days late
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
25-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
27-10
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
7 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.
Lloyd Georgelaan 121000 BrusselGround area
1.6 ha
Building footprint
298 m²
Volume, LiDAR
3,175 m³
2 parcels, Brussels, Wallonia · tallest building 27.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Village, Dion-V. 37, 1325 Chaumont-Gistoux
since 20012.098.303.010
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25025B0510/00A000 | Wallonia | 1.6 ha | 1 · 177 m² | 11.4 m · 2 fl. |
| 21822R0302/00L002 | Brussels | 257 m² | 1 · 121 m² | 27.4 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
5493007PJNPXOJC87462
Similar companies · same sector, comparable size
CORENOVE
BE 0699.603.986
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STUDIO COOLENS
BE 0742.734.938
Gent · Eq €660k
CONSIGLIO
BE 0865.014.524
Schilde · Eq €660k
L & B Consulting
BE 0671.942.457
Lier · Eq €660k
REFRACTAIRES SERGE FONTAINE
BE 0545.822.958
Mons · Eq €660k
Of 82,546 companies in sector 70200 we hold annual accounts for 52,562. 32,177 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-06-2001
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.