ACTE 4
ActiveSummary
ACTE 4 has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13k and a net result of €2k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 32% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▲+16
Solvency58▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.42 against 0.23 in 2024; short-term debt: 51.5% and cash: 9.2% of total assets), and 67.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-12-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 d early
2024
49 d early
2023
14 d late
2022
5 d early
2021
4 d late
2020
4 d early
2019
3 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€13k▲ 23.4%
2024 · €10k
2019: €8k
2020: €12k▲ +43.0% vs 2019
2021: €6k▼ -49.6% vs 2020
2022: €-2k▼ -137% vs 2021lowest in 7 years
2023: €13k▲ +691% vs 2022highest in 7 years
2024: €10k▼ -22.3% vs 2023
2025: €13k▲ +23.4% vs 2024
2019 → 2025
Total assets
€39k▼ 8.1%
2024 · €43k
2019: €49k
2020: €42k▼ -14.3% vs 2019
2021: €24k▼ -41.5% vs 2020
2022: €8k▼ -67.2% vs 2021lowest in 7 years
2023: €55k▲ +584% vs 2022highest in 7 years
2024: €43k▼ -21.7% vs 2023
2025: €39k▼ -8.1% vs 2024
2019 → 2025
Net result
€2k
2024 · €-3k
2019: €-5k
2020: €4k▲ +166% vs 2019
2021: €-6k▼ -265% vs 2020
2022: €-8k▼ -39.7% vs 2021lowest in 7 years
2023: €16k▲ +288% vs 2022highest in 7 years
2024: €-3k▼ -119% vs 2023
2025: €2k▲ +181% vs 2024
2019 → 2025
Working capital
€-12k▲ 10.3%
2024 · €-13k
2019: €355
2020: €4k▲ +1040% vs 2019highest in 7 years
2021: €-4k▼ -206% vs 2020
2022: €-8k▼ -76.7% vs 2021
2023: €-12k▼ -55.4% vs 2022
2024: €-13k▼ -12.5% vs 2023lowest in 7 years
2025: €-12k▲ +10.3% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€-2k€13k€10k▼ 22.3%€13k▲ 23.4%
2021: €6k
2022: €-2k▼ -137% vs 2021lowest in 5 years
2023: €13k▲ +691% vs 2022highest in 5 years
2024: €10k▼ -22.3% vs 2023
2025: €13k▲ +23.4% vs 2024
Operating result€-5k-€-8k▼ 42.8%€2k€-2k€4k
2021: €-5k
2022: €-8k▼ -42.8% vs 2021lowest in 5 years
2023: €2k▲ +129% vs 2022
2024: €-2k▼ -168% vs 2023
2025: €4k▲ +362% vs 2024highest in 5 years
Net result€-6k-€-8k▼ 39.7%€16k€-3k€2k
2021: €-6k
2022: €-8k▼ -39.7% vs 2021lowest in 5 years
2023: €16k▲ +288% vs 2022highest in 5 years
2024: €-3k▼ -119% vs 2023
2025: €2k▲ +181% vs 2024
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 2025: €4k after a loss of €2k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39k
Fixed assets
€31k ▼ 20.5%
Current assets
€8k ▲ 114%
Equity and liabilities €39k
Equity
€13k ▲ 23.4%
Debt
€27k ▼ 18.2%
Debt's share of the balance-sheet total falls from 75.6% to 67.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▲
2024 · €9k
Cash flow
€13k▲
2024 · €7k
Current ratio
0.42▲
2024 · 0.23
Debt to equity
2.06▼
2024 · 3.10
ROE
18.9%▲
2024 · -28.7%
ROA
6.2%▲
2024 · -7.0%
Interest coverage
14.60▲
2024 · 6.54
Debt ≤ 1 year
€20k▲
2024 · €17k
Debt > 1 year
€6k▼
2024 · €15k
Income taxes
€519▲
2024 · €166
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€43k€39k▼
Fixed assets21/28€39k€31k▼
Tangible fixed assets22/27€39k€31k▼
Furniture and vehicles24€39k€31k▼
Current assets29/58€4k€8k▲
Amounts receivable within one year40/41€1k€3k▲
Trade receivables40€1k€3k▲
Other amounts receivable41-€8
Cash at bank and in hand54/58€2k€4k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€43k€39k▼
Equity10/15€10k€13k▲
Contributions10/11€12k€12k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€-3k€-992▲
Amounts payable17/49€32k€27k▼
Amounts payable after more than one year17€15k€6k▼
Financial debts170/4€15k€6k▼
Amounts payable within one year42/48€17k€20k▲
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€757€4k▲
Suppliers440/4€757€4k▲
Taxes, remuneration and social security45€987€570▼
Taxes450/3€987€570▼
Other amounts payable47/48€7k€7k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€670€486▼
Gross operating margin9900€9k€15k▲
Operating profit (loss)9901€-2k€4k▲
Financial charges65/66B€1k€977▼
Recurring financial charges65€1k€977▼
Profit (loss) for the period before taxes9903€-3k€3k▲
Income taxes67/77€166€519▲
Profit (loss) for the period9904€-3k€2k▲
Profit (loss) for the period to be appropriated9905€-3k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-992▲
Profit (loss) brought forward from the previous period14P€-430€-3k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €8k | €4k | €10k | €10k | ▲ 1.0% |
| Other operating charges640/8 | - | €794 | €1k | €670 | €486 | ▼ 27.5% |
| Gross operating margin9900 | €3k | €1k | €7k | €9k | €15k | ▲ 57.1% |
| Operating profit (loss)9901 | €-5k | €-8k | €2k | €-2k | €4k | ▲ 362% |
| Financial income75/76B | - | - | €16k | - | - | - |
| Recurring financial income75 | - | - | €16k | - | - | - |
| Non-recurring financial income76B | - | - | €16k | - | - | - |
| Financial charges65/66B | - | €223 | €614 | €1k | €977 | ▼ 26.7% |
| Recurring financial charges65 | €245 | €223 | €614 | €1k | €977 | ▼ 26.7% |
| Profit (loss) for the period before taxes9903 | €-6k | €-8k | €18k | €-3k | €3k | ▲ 204% |
| Income taxes67/77 | €314 | €393 | €2k | €166 | €519 | ▲ 212% |
| Profit (loss) for the period9904 | €-6k | €-8k | €16k | €-3k | €2k | ▲ 181% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €-8k | €16k | €-3k | €2k | ▲ 181% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €24k | €8k | €55k | €43k | €39k | ▼ 8.1% |
| Fixed assets21/28 | €10k | €5k | €49k | €39k | €31k | ▼ 20.5% |
| Tangible fixed assets22/27 | €10k | €5k | €49k | €39k | €31k | ▼ 20.5% |
| Furniture and vehicles24 | - | €5k | €49k | €39k | €31k | ▼ 20.5% |
| Current assets29/58 | €14k | €3k | €6k | €4k | €8k | ▲ 114% |
| Amounts receivable within one year40/41 | €846 | €727 | €2k | €1k | €3k | ▲ 192% |
| Trade receivables40 | - | €693 | €679 | €1k | €3k | ▲ 191% |
| Other amounts receivable41 | - | €35 | €1k | - | €8 | - |
| Cash at bank and in hand54/58 | €12k | €2k | €3k | €2k | €4k | ▲ 119% |
| Deferred charges and accrued income490/1 | - | - | €1k | €1k | €1k | ▲ 26.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €24k | €8k | €55k | €43k | €39k | ▼ 8.1% |
| Equity10/15 | €6k | €-2k | €13k | €10k | €13k | ▲ 23.4% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €1k | €1k | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | - | €1k | €1k | - | - | - |
| Reserves not available under the articles1311 | - | €1k | €1k | - | - | - |
| Distributable reserves133 | - | - | - | €1k | €1k | = |
| Profit (loss) carried forward14 | €-8k | €-16k | €-430 | €-3k | €-992 | ▲ 71.1% |
| Amounts payable17/49 | €18k | €10k | €41k | €32k | €27k | ▼ 18.2% |
| Amounts payable after more than one year17 | - | - | €24k | €15k | €6k | ▼ 59.2% |
| Financial debts170/4 | - | - | €24k | €15k | €6k | ▼ 59.2% |
| Amounts payable within one year42/48 | €18k | €10k | €17k | €17k | €20k | ▲ 18.3% |
| Current portion of amounts payable after more than one year42 | - | - | €8k | €9k | €9k | ▲ 4.1% |
| Trade debts44 | - | €119 | €134 | €757 | €4k | ▲ 437% |
| Suppliers440/4 | - | €119 | €134 | €757 | €4k | ▲ 437% |
| Taxes, remuneration and social security45 | - | €963 | €2k | €987 | €570 | ▼ 42.2% |
| Taxes450/3 | - | €963 | €2k | €987 | €570 | ▼ 42.2% |
| Other amounts payable47/48 | - | €9k | €7k | €7k | €7k | ▼ 1.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €-8k | €16k | €-3k | €2k | ▲ 181% |
| + Depreciation and write-downs630 | €8k | €8k | €4k | €10k | €10k | ▲ 1.0% |
| Operating cash flow (approximation) | €2k | €-222 | €19k | €7k | €13k | ▲ 76.9% |
| Investment in fixed assets (approximation) | - | €-3k | €-48k | €0 | €-2k | - |
| Change in cash | - | €-10k | €668 | €-1k | €2k | ▲ 292% |
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
2025
17-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
14-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
30-06
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
04-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
03-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
14-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
2018
25-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Blégny · 1 establishment unit since 2013
Ground area
2,021 m²
Building footprint
116 m²
Volume, LiDAR
480 m³
Parcel 62095C0174/00M000, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ACTE 4
since 20132.219.108.491
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62095C0174/00M000 | Wallonia | 2,021 m² | 1 · 116 m² | 6.6 m · 2 fl. |
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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 25,784 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-05-2013
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
82100Office administrative and support services
82300Organisation of conventions and trade shows
85599Other education
Scores and ratios are computed by Checked and are not a credit decision.