ACTALEX IMMO
ActiveSummary
ACTALEX IMMO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€64,360) and a net result of €75,081. Equity is growing by ~52.4% per year across the filed fiscal years. Its solvency ranks better than 19% of 19374 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability55▼-5
Solvency24▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 1.07 in 2023; short-term debt: 5.9% and cash: 0.8% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
-1.2%
Return on assets
1.4%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 19374 sector peers (2024).
NBB · sector comparisonPosition among 19374 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
38 d early
2024
37 d early
2023
22 d early
2022
61 d early
2021
40 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 40 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 23 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
-€64,360▲ 53.8%
2023 · -€139,441
Total assets
€5.2m▼ 3.7%
2023 · €5.4m
Net result
€75,081▼ 29.8%
2023 · €106,884
Working capital
-€33,132
2023 · €21,866
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result-€293,798-€175,666€176,459▲ 0.5%€147,849▼ 16.2%
Net result-€402,520below the sector's middle half-€106,195above the sector's middle half€106,884above the sector's middle half▲ 0.6%€75,081above the sector's middle half▼ 29.8%
Equity-€352,520below the sector's middle half--€246,325below the sector's middle half▲ 30.1%-€139,441below the sector's middle half▲ 43.4%-€64,360below the sector's middle half▲ 53.8%
Total assets€5.3mabove the sector's middle half-€5.2mabove the sector's middle half▼ 3.4%€5.4mabove the sector's middle half▲ 5.3%€5.2mabove the sector's middle half▼ 3.7%
Debt€5.7m-€5.4m▼ 5.0%€5.6m▲ 3.1%€5.3m▼ 5.0%
Working capital-€293,876below the sector's middle half--€160,236below the sector's middle half▲ 45.5%€21,866within the sector's middle half-€33,132within the sector's middle half
Solvency-6.6%below the sector's middle half--4.8%below the sector's middle half▲ 1.8pp-2.6%below the sector's middle half▲ 2.2pp-1.2%below the sector's middle half▲ 1.3pp
Current ratio0.52within the sector's middle half-0.57within the sector's middle half▲ 0.051.07within the sector's middle half▲ 0.510.89within the sector's middle half▼ 0.18
Return on assets (ROA)-7.5%below the sector's middle half-2.1%within the sector's middle half▲ 9.6pp2.0%within the sector's middle half▼ 0.1pp1.4%within the sector's middle half▼ 0.5pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 16% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.2m
Fixed assets
€5.0m ▼ 2.9%
Current assets
€273,389 ▼ 15.9%
Key figures and ratios
EBITDA
€298,387▼
2023 · €326,682
Cash flow
€225,619▼
2023 · €257,107
Debt to equity
-82.20▼
2023 · -39.93
Interest coverage
4.10▼
2023 · 4.70
Debt ≤ 1 year
€306,520▲
2023 · €303,277
Debt > 1 year
€5.0m▼
2023 · €5.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 457 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
0.7%
went bankrupt
2.0%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 457 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €497,047 | €136,368 | €150,224 | €150,538 | ▲ 0.2% |
| Other operating charges640/8 | €4,175 | €40,613 | €35,883 | €45,464 | ▲ 26.7% |
| Gross operating margin9900 | €207,424 | €352,647 | €362,565 | €343,850 | ▼ 5.2% |
| Operating profit (loss)9901 | -€293,798 | €175,666 | €176,459 | €147,849 | ▼ 16.2% |
| Financial income75/76B | €5,644 | €0 | - | €0 | - |
| Recurring financial income75 | €5,644 | €0 | - | €0 | - |
| Financial charges65/66B | €114,366 | €69,471 | €69,575 | €72,768 | ▲ 4.6% |
| Recurring financial charges65 | €114,366 | €69,471 | €69,575 | €72,768 | ▲ 4.6% |
| Profit (loss) for the period before taxes9903 | -€402,520 | €106,195 | €106,884 | €75,081 | ▼ 29.8% |
| Profit (loss) for the period9904 | -€402,520 | €106,195 | €106,884 | €75,081 | ▼ 29.8% |
| Profit (loss) for the period to be appropriated9905 | -€402,520 | €106,195 | €106,884 | €75,081 | ▼ 29.8% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €5.3m | €5.2m | €5.4m | €5.2m | ▼ 3.7% |
| Fixed assets21/28 | €5.0m | €4.9m | €5.1m | €5.0m | ▼ 2.9% |
| Tangible fixed assets22/27 | €5.0m | €4.9m | €5.1m | €5.0m | ▼ 2.9% |
| Land and buildings22 | €5.0m | €4.9m | €5.1m | €5.0m | ▼ 2.9% |
| Current assets29/58 | €313,300 | €209,648 | €325,143 | €273,389 | ▼ 15.9% |
| Amounts receivable after more than one year29 | - | €100,000 | €272,000 | €231,000 | ▼ 15.1% |
| Trade receivables290 | - | €100,000 | €272,000 | €231,000 | ▼ 15.1% |
| Amounts receivable within one year40/41 | €138 | €0 | €235 | €1,531 | ▲ 551% |
| Trade receivables40 | €138 | €0 | €235 | €1,531 | ▲ 551% |
| Cash at bank and in hand54/58 | €313,162 | €109,648 | €52,121 | €40,041 | ▼ 23.2% |
| Deferred charges and accrued income490/1 | - | - | €787 | €817 | ▲ 3.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €5.3m | €5.2m | €5.4m | €5.2m | ▼ 3.7% |
| Equity10/15 | -€352,520 | -€246,325 | -€139,441 | -€64,360 | ▲ 53.8% |
| Contributions10/11 | €50,000 | €50,000 | €50,000 | €50,000 | = |
| Profit (loss) carried forward14 | -€402,520 | -€296,325 | -€189,441 | -€114,360 | ▲ 39.6% |
| Amounts payable17/49 | €5.7m | €5.4m | €5.6m | €5.3m | ▼ 5.0% |
| Amounts payable after more than one year17 | €5.1m | €5.0m | €5.3m | €5.0m | ▼ 5.3% |
| Financial debts170/4 | €5.1m | €4.8m | €4.8m | €4.5m | ▼ 5.9% |
| Other amounts payable178/9 | - | €215,000 | €465,000 | €465,000 | = |
| Amounts payable within one year42/48 | €607,176 | €369,885 | €303,277 | €306,520 | ▲ 1.1% |
| Current portion of amounts payable after more than one year42 | €248,528 | €272,853 | €284,199 | €286,680 | ▲ 0.9% |
| Trade debts44 | €124,816 | €78,189 | €0 | €949 | - |
| Suppliers440/4 | €124,816 | €78,189 | €0 | €949 | - |
| Taxes, remuneration and social security45 | €18,832 | €18,843 | €19,078 | €18,891 | ▼ 1.0% |
| Taxes450/3 | €18,832 | €18,843 | €19,078 | €18,891 | ▼ 1.0% |
| Other amounts payable47/48 | €215,000 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | €1,525 | €1,448 | €1,742 | ▲ 20.3% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€402,520 | €106,195 | €106,884 | €75,081 | ▼ 29.8% |
| + Depreciation and write-downs630 | €497,047 | €136,368 | €150,224 | €150,538 | ▲ 0.2% |
| Operating cash flow (approximation) | €94,527 | €242,563 | €257,107 | €225,619 | ▼ 12.2% |
| Investment in fixed assets (approximation) | - | -€60,238 | -€309,326 | €0 | ▲ 100% |
| Change in cash | - | -€203,514 | -€57,527 | -€12,080 | ▲ 79.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €106,884 ▲0.6%
Operating result €176,459, net result €106,884, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €106,195
Net result €106,195 after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Mouscron · 1 establishment unit since 2020
Ground area
5,324 m²
Building footprint
896 m²
Parcel 54003R1883/00A000, Wallonia. Linked by address, not a title deed.
1 establishment unit
ACTALEX IMMO
since 20202.312.554.927
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54003R1883/00A000 | Wallonia | 5,324 m² | 1 · 896 m² | - |
Linked by address, not proof of ownership
Good to know
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 and region
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CAP-INVEST
BE 0479.923.534
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DELVIGNE IMMO - UNITE TVA
BE 1025.130.345
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DOCTEUR RADIKOV SPRL CIVILE
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 9,144 companies in sector 68201 we hold annual accounts for 6,775. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
66199Other activities auxiliary to financial services, excluding insurance and pension funding
66300Activities auxiliary to financial services and insurance activities
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0744378097
Also
9925:BE0744378097
Registered
02-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.