A&O GROUP
ActiveA&O GROUP has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €-7k. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 46% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability20▼-23
Solvency68▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 2.01 against 2.43 in 2024; short-term debt: 37.2% and cash: 0.9% of total assets), but 56.7% 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.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
43.3%
Return on assets
-14.7%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-7k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
31 d late
2024
2 d early
2023
127 d late
2022
28 d late
2021
78 d late
2020
3 d early
2019
3 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, micro schema
Equity
€22k▼ 25.3%
2024 · €30k
2019: €14k
2020: €11k
2021: €26k
2022: €33k
2023: €34k
2024: €30k
2019 → 2025
Total assets
€51k▼ 21.4%
2024 · €65k
2019: €33k
2020: €13k
2021: €30k
2022: €41k
2023: €81k
2024: €65k
2019 → 2025
Net result
€-7k▼ 65.6%
2024 · €-5k
2019: €18k
2020: €-3k
2021: €15k
2022: €7k
2023: €1k
2024: €-5k
2019 → 2025
Working capital
€19k▼ 11.1%
2024 · €22k
2019: €7k
2020: €7k
2021: €24k
2022: €30k
2023: €21k
2024: €22k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€33k▲ 28.7%€34k▲ 3.4%€30k▼ 13.3%€22k▼ 25.3%
Operating result€19k-€10k▼ 45.1%€4k▼ 61.7%€-2k€-6k▼ 138%
Net result€15k-€7k▼ 50.3%€1k▼ 84.6%€-5k€-7k▼ 65.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6k in 2025 against €2k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €51k
Fixed assets
€13k▼ 54.5%
Current assets
€38k▲ 4.1%
Equity and liabilities €51k
Equity
€22k▼ 25.3%
Debt
€29k▼ 18.1%
The debt ratio rises from 54.4% to 56.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€10k▼
2024 · €13k
Cash flow
€8k▼
2024 · €11k
Solvency
43.3%▼
2024 · 45.6%
Current ratio
2.01▼
2024 · 2.43
Quick ratio
2.01▼
2024 · 2.43
Debt / equity
1.31▲
2024 · 1.19
ROE
-33.9%▼
2024 · -15.3%
ROA
-14.7%▼
2024 · -7.0%
Interest coverage
2.30▼
2024 · 3.95
Debt
€29k▼
2024 · €35k
Debt ≤ 1 year
€19k▲
2024 · €15k
Debt > 1 year
€10k▼
2024 · €20k
Income taxes
€132▼
2024 · €833
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€65k€51k▼
Fixed assets21/28€28k€13k▼
Tangible fixed assets22/27€28k€13k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€26k€11k▼
Current assets29/58€37k€38k▲
Amounts receivable within one year40/41€33k€38k▲
Trade receivables40€7k€7k▲
Other amounts receivable41€25k€30k▲
Cash at bank and in hand54/58€2k€459▼
Deferred charges and accrued income490/1€2k€215▼
Equity and liabilities
Total equity and liabilities10/49€65k€51k▼
Equity10/15€30k€22k▼
Contributions10/11€12k€12k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€16k€9k▼
Amounts payable17/49€35k€29k▼
Amounts payable after more than one year17€20k€10k▼
Financial debts170/4€20k€10k▼
Amounts payable within one year42/48€15k€19k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€2k€7k▲
Suppliers440/4€2k€7k▲
Taxes, remuneration and social security45€3k€1k▼
Taxes450/3€3k€1k▼
Accrued charges and deferred income492/3-€71
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€15k=
Other operating charges640/8€2k€1k▼
Gross operating margin9900€15k€11k▼
Operating profit (loss)9901€-2k€-6k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€-4k€-7k▼
Income taxes67/77€833€132▼
Profit (loss) for the period9904€-5k€-7k▼
Profit (loss) for the period to be appropriated9905€-5k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€9k▼
Profit (loss) brought forward from the previous period14P€21k€16k▼
The notes to these accounts (5 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 127 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 4.66
Current ratio from 1.36 to 4.66; short-term debt falls from €19k to €2k.
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Heusden-Zolder · 1 establishment unit since 2018
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.
Kortstraat 223550 Heusden-ZolderGround area
891 m²
Building footprint
243 m²
Volume, LiDAR
1,054 m³
Parcel 71025A0878/00F002, Flanders · tallest building 10.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
A&O GROUP
since 20182.275.657.216
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71025A0878/00F002 | Flanders | 891 m² | 1 · 243 m² | 10.4 m · 1 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.
Similar companies · same sector, comparable size
HI-FIBER CONSTRUCT
BE 1000.417.715
Zutendaal · Eq €22k
BATI-ROB
BE 0508.768.067
Jette · Eq €22k
PUR BLANC
BE 0671.608.895
Waregem · Eq €22k
CAVALLO BELGIUM
BE 0836.742.190
Anderlecht · Eq €22k
ONTWERP & COORDINATIE JEROEN VERREYDT
BE 0474.684.445
Heist-op-den-Berg · Eq €22k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 5,335 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-04-2018
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.