ABSOLUTE FX
ActiveABSOLUTE FX has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4k and a net result of €3k. Equity is shrinking by ~51.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 22% of 4360 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
64
/ 100
Healthy▲ +64 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability86▲+86
Solvency17▲+10
Growth22=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.88 against 0.7 in 2023), and 86.6% 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 74
Relative position
BE, all sectors
reference
Sector 74
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
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 2024Solvency, return and age of the figures
Solvency
13.4%
Return on assets
9.6%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 4360 sector peers (2024).
NBB · sector comparisonPosition among 4360 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
78 d late
2022
31 d late
2021
142 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€42k▲ 34.6%
2023 · €31k
2021: €92k
2022: €87k
2023: €31k
2021 → 2024
EBIT margin
7.7%▲ 53.5pp
2023 · -45.9%
2021: 14.3%
2022: 1.2%
2023: -45.9%
2021 → 2024
Net result
€3k
2023 · €-15k
2021: €11k
2022: €-314
2023: €-15k
2021 → 2024
Working capital
€-3k▲ 63.4%
2023 · €-8k
2021: €4k
2022: €7k
2023: €-8k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€92k-€87k▼ 5.2%€31k▼ 63.7%€42k▲ 34.6%
Equity€16k-€16k▼ 1.9%€1k▼ 93.1%€4k▲ 248%
Operating result€13k-€1k▼ 92.1%€-14k€3k
Net result€11k-€-314€-15k▼ 4,683%€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €3k after a loss of €14k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €29k
Fixed assets
€7k▼ 35.9%
Current assets
€22k▲ 11.4%
Equity and liabilities €29k
Equity
€4k▲ 248%
Debt
€25k▼ 15.0%
The debt ratio falls from 96.4% to 86.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€10k▲
2023 · €-4k
Cash flow
€10k▲
2023 · €-5k
Solvency
13.4%▲
2023 · 3.6%
Current ratio
0.88▲
2023 · 0.70
Quick ratio
0.88▲
2023 · 0.70
Debt / equity
6.45▼
2023 · 26.43
ROE
71.3%
ROA
9.6%▲
2023 · -49.1%
Interest coverage
39.96▲
2023 · -11.98
Debt
€25k▼
2023 · €29k
Debt ≤ 1 year
€25k▼
2023 · €28k
Debt > 1 year
€0▼
2023 · €1k
Income taxes
€232▲
2023 · €223
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€31k€29k▼
Fixed assets21/28€11k€7k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€11k€7k▼
Plant, machinery and equipment23€7k€6k▼
Furniture and vehicles24€4k€601▼
Financial fixed assets28€10€10=
Current assets29/58€20k€22k▲
Amounts receivable within one year40/41€12k€8k▼
Trade receivables40€12k€8k▼
Other amounts receivable41€11€14▲
Cash at bank and in hand54/58€8k€14k▲
Equity and liabilities
Total equity and liabilities10/49€31k€29k▼
Equity10/15€1k€4k▲
Contributions10/11€1k€1k=
Reserves13€100€100=
Distributable reserves133€100€100=
Profit (loss) carried forward14€15€3k▲
Amounts payable17/49€29k€25k▼
Amounts payable after more than one year17€1k€0▼
Financial debts170/4€1k€0▼
Amounts payable within one year42/48€28k€25k▼
Current portion of amounts payable after more than one year42€3k€1k▼
Trade debts44€709€2k▲
Suppliers440/4€709€2k▲
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€3k€3k▲
Remuneration and social security454/9€0€0=
Other amounts payable47/48€22k€19k▼
Income statement
Code20232024
Turnover70€31k€42k▲
Goods, raw materials, services and sundry goods60/61€39k€34k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€7k▼
Other operating charges640/8€986€899▼
Gross operating margin9900€-3k€11k▲
Operating profit (loss)9901€-14k€3k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€351€252▼
Recurring financial charges65€351€252▼
Profit (loss) for the period before taxes9903€-15k€3k▲
Income taxes67/77€223€232▲
Profit (loss) for the period9904€-15k€3k▲
Profit (loss) for the period to be appropriated9905€-15k€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15€3k▲
Profit (loss) brought forward from the previous period14P€15k€15▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 78 days late
2023
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 142 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Montigny-le-Tilleul · 1 establishment unit since 2008
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.
Rue de la Montagne 816110 Montigny-le-TilleulGround area
631 m²
Building footprint
101 m²
Volume, LiDAR
585 m³
Parcel 52048B0794/00W002, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ABSOLUTE FX
since 20082.167.935.548
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52048B0794/00W002 | Wallonia | 631 m² | 1 · 101 m² | 7.2 m · 2 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
XVISION
BE 0549.924.870
Alken · Eq €3k
REVÊTEMENT
BE 0781.571.362
Sint-Genesius-Rode · Eq €5k
KWANTE
BE 0819.617.534
Zele · Eq €3k
NOJAROS
BE 0748.576.615
Hannut · Eq €3k
After The Rain
BE 1003.077.988
Antwerpen · Eq €3k
Of 685 companies in sector 74112 we hold annual accounts for 311. 59 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-01-2008
Fiscal year end31-12
Activities, NACEBEL
74112Other professional, scientific and technical activities
62020IT consultancy
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
71121Engineering and related technical consultancy, excluding land surveyors
73110Advertising agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.