ACTIFAR
ActiveSummary
ACTIFAR has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €90,782. Equity is growing by ~23.9% per year across the filed fiscal years. Its solvency ranks better than 83% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72▼-2
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210,000 at 30 days acceptable
Liquidity ample (current ratio 4.78 against 6.41 in 2024; short-term debt: 20.2% and cash: 48.5% of total assets), and 20.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
79.8%
Return on assets
3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
4 d early
2023
9 d early
2022
21 d early
2021
24 d late
2020
19 d late
2019
26 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 5 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
In the rankings
#6 company by equity in Mont-Saint-Guibert, Wholesale and retail trade sector#10 company by total assets in Mont-Saint-Guibert, Wholesale and retail trade sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€90,782▼ 29.8%
2024 · €129,318
Working capital
€2.4m▼ 5.4%
2024 · €2.5m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20212022202320242025
Operating result€680,529▲ 30.1%€730,385▲ 7.3%€506,820▼ 30.6%€113,352▼ 77.6%€114,511▲ 1.0%
Net result€450,226within the sector's middle half▲ 33.4%€486,578within the sector's middle half▲ 8.1%€358,164within the sector's middle half▼ 26.4%€129,318within the sector's middle half▼ 63.9%€90,782within the sector's middle half▼ 29.8%
Equity€1.4mwithin the sector's middle half▲ 46.1%€1.9mwithin the sector's middle half▲ 33.9%€2.2mwithin the sector's middle half▲ 18.7%€2.4mwithin the sector's middle half▲ 5.5%€2.5mabove the sector's middle half▲ 3.4%
Total assets€2.6mwithin the sector's middle half▲ 11.9%€2.9mwithin the sector's middle half▲ 11.2%€3.0mwithin the sector's middle half▲ 4.0%€3.0mwithin the sector's middle half▲ 0.8%€3.1mabove the sector's middle half▲ 1.4%
Debt€1.2m▼ 12.5%€1.0m▼ 15.8%€760,200▼ 24.0%€659,544▼ 13.2%€622,458▼ 5.6%
Working capital€1.5m▲ 40.0%€2.0m▲ 33.4%€2.4m▲ 18.0%€2.5m▲ 2.9%€2.4m▼ 5.4%
Solvency54.4%within the sector's middle half▲ 12.7pp65.5%above the sector's middle half▲ 11.1pp74.7%above the sector's middle half▲ 9.3pp78.3%above the sector's middle half▲ 3.5pp79.8%above the sector's middle half▲ 1.5pp
Staff (FTE)2.4below the sector's middle half▼ 14.3%2.5below the sector's middle half▲ 4.2%1.6below the sector's middle half▼ 36.0%2.4below the sector's middle half▲ 50.0%1.8within the sector's middle half▼ 25.0%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets
€103,099 ▲ 14.7%
Current assets
€3.0m ▲ 1.0%
Equity and liabilities €3.1m
Equity
€2.5m ▲ 3.4%
Debt
€622,458 ▼ 5.6%
Debt's share of the balance-sheet total falls from 21.7% to 20.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€136,174▲
2024 · €125,029
Cash flow
€112,445▼
2024 · €140,995
Current ratio
4.78▼
2024 · 6.41
Quick ratio
3.74▼
2024 · 4.77
Debt to equity
0.25▼
2024 · 0.28
ROE
3.7%▼
2024 · 5.4%
ROA
3.0%▼
2024 · 4.3%
Interest coverage
9.09▼
2024 · 21.11
Debt ≤ 1 year
€622,458▲
2024 · €459,544
Income taxes
€29,753▼
2024 · €47,566
Staff costs
€156,488▲
2024 · €143,619
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 16,986 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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €173,645 | €193,432 | €137,247 | €143,619 | €156,488 | ▲ 9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,917 | €12,987 | €11,554 | €11,676 | €21,663 | ▲ 85.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €2,151 | - | -€18,000 | - | - | - |
| Other operating charges640/8 | €2,444 | €1,594 | €2,289 | €1,739 | €2,021 | ▲ 16.2% |
| Non-recurring operating charges66A | €29,315 | €20,171 | - | - | - | - |
| Gross operating margin9900 | €904,001 | €958,568 | €639,910 | €270,386 | €294,683 | ▲ 9.0% |
| Operating profit (loss)9901 | €680,529 | €730,385 | €506,820 | €113,352 | €114,511 | ▲ 1.0% |
| Financial income75/76B | €468 | €15,930 | €38,850 | €69,455 | €21,007 | ▼ 69.8% |
| Recurring financial income75 | €468 | €15,930 | €38,850 | €69,455 | €21,007 | ▼ 69.8% |
| Financial charges65/66B | €36,457 | €30,645 | €14,380 | €5,924 | €14,982 | ▲ 153% |
| Recurring financial charges65 | €36,457 | €30,645 | €14,380 | €5,924 | €14,982 | ▲ 153% |
| Profit (loss) for the period before taxes9903 | €644,540 | €715,670 | €531,290 | €176,884 | €120,535 | ▼ 31.9% |
| Income taxes67/77 | €194,313 | €229,092 | €173,125 | €47,566 | €29,753 | ▼ 37.4% |
| Profit (loss) for the period9904 | €450,226 | €486,578 | €358,164 | €129,318 | €90,782 | ▼ 29.8% |
| Profit (loss) for the period to be appropriated9905 | €450,226 | €486,578 | €358,164 | €129,318 | €90,782 | ▼ 29.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.6m | €2.9m | €3.0m | €3.0m | €3.1m | ▲ 1.4% |
| Fixed assets21/28 | €81,682 | €48,690 | €35,507 | €89,922 | €103,099 | ▲ 14.7% |
| Intangible fixed assets21 | €595 | €164 | - | €63,051 | €54,914 | ▼ 12.9% |
| Tangible fixed assets22/27 | €62,865 | €30,304 | €17,285 | €8,649 | €29,714 | ▲ 244% |
| Furniture and vehicles24 | €60,768 | €28,675 | €17,285 | €8,649 | €29,714 | ▲ 244% |
| Other tangible fixed assets26 | €2,098 | €1,629 | - | - | - | - |
| Financial fixed assets28 | €18,222 | €18,222 | €18,222 | €18,222 | €18,472 | ▲ 1.4% |
| Current assets29/58 | €2.5m | €2.8m | €3.0m | €2.9m | €3.0m | ▲ 1.0% |
| Stocks and contracts in progress3 | €602,389 | €915,449 | €252,658 | €749,607 | €644,608 | ▼ 14.0% |
| Stocks30/36 | €602,389 | €915,449 | €252,658 | €749,607 | €644,608 | ▼ 14.0% |
| Amounts receivable within one year40/41 | €1.3m | €1.3m | €1.1m | €610,907 | €837,432 | ▲ 37.1% |
| Trade receivables40 | €1.3m | €1.3m | €1.0m | €583,197 | €786,372 | ▲ 34.8% |
| Other amounts receivable41 | €44,408 | €37,554 | €24,214 | €27,711 | €51,060 | ▲ 84.3% |
| Cash at bank and in hand54/58 | €609,199 | €626,242 | €1.7m | €1.6m | €1.5m | ▼ 5.8% |
| Deferred charges and accrued income490/1 | €5,660 | €2,679 | €1,385 | €1,163 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.6m | €2.9m | €3.0m | €3.0m | €3.1m | ▲ 1.4% |
| Equity10/15 | €1.4m | €1.9m | €2.2m | €2.4m | €2.5m | ▲ 3.4% |
| Contributions10/11 | €87,600 | €87,600 | €87,600 | €87,600 | €87,600 | = |
| Reserves13 | €1.1m | €1.6m | €1.9m | €2.1m | €2.1m | ▲ 3.8% |
| Distributable reserves133 | €1.1m | €1.6m | €1.9m | €2.1m | €2.1m | ▲ 3.8% |
| Profit (loss) carried forward14 | €214,672 | €224,250 | €226,322 | €228,339 | €228,988 | ▲ 0.3% |
| Amounts payable17/49 | €1.2m | €1.0m | €760,200 | €659,544 | €622,458 | ▼ 5.6% |
| Amounts payable after more than one year17 | €200,000 | €200,000 | €200,000 | €200,000 | - | - |
| Financial debts170/4 | €200,000 | €200,000 | €200,000 | €200,000 | - | - |
| Amounts payable within one year42/48 | €987,379 | €800,012 | €560,200 | €459,544 | €622,458 | ▲ 35.5% |
| Financial debts43 | €230,000 | - | - | - | - | - |
| Credit institutions430/8 | €230,000 | - | - | - | - | - |
| Trade debts44 | €476,814 | €620,418 | €354,088 | €340,066 | €437,691 | ▲ 28.7% |
| Suppliers440/4 | €476,814 | €620,418 | €354,088 | €340,066 | €437,691 | ▲ 28.7% |
| Taxes, remuneration and social security45 | €117,246 | €136,850 | €167,840 | €107,689 | €29,850 | ▼ 72.3% |
| Taxes450/3 | €106,637 | €115,235 | €159,489 | €91,483 | €12,093 | ▼ 86.8% |
| Remuneration and social security454/9 | €10,609 | €21,616 | €8,350 | €16,206 | €17,757 | ▲ 9.6% |
| Other amounts payable47/48 | €163,318 | €42,744 | €38,273 | €11,789 | €154,917 | ▲ 1,214% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €450,226 | €486,578 | €358,164 | €129,318 | €90,782 | ▼ 29.8% |
| + Depreciation and write-downs630 | €15,917 | €12,987 | €11,554 | €11,676 | €21,663 | ▲ 85.5% |
| Operating cash flow (approximation) | €466,144 | €499,565 | €369,718 | €140,995 | €112,445 | ▼ 20.2% |
| Investment in fixed assets (approximation) | - | €20,006 | €1,629 | -€66,092 | -€34,840 | ▲ 47.3% |
| Change in cash | - | €17,043 | €1.0m | -€85,819 | -€90,977 | ▼ 6.0% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €90,782 ▼29.8%
Net result drops to €90,782, the lowest in the series.
27-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
22-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €2mEq €2.2m ▲18.7%
6 profitable years in a row build equity to €2.2m.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €486,578 ▲8.1%
Operating result €730,385, net result €486,578, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 24 days late
2021
31-12
Financial
Equity above €1mEq €1.4m ▲46.1%
4 profitable years in a row build equity to €1.4m.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 19 days late
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 26 days late
2019
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Mont-Saint-Guibert · 1 establishment unit since 1998
Ground area
2.2 ha
Building footprint
828 m²
Volume, LiDAR
5,330 m³
Parcel 25020A0009/00C000, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Bosquet 15A, 1435 Mont-Saint-Guibert
since 19982.089.356.343
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25020A0009/00C000 | Wallonia | 2.2 ha | 1 · 828 m² | 7.0 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of ACTIFAR and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
MARTINE COSMETICS
BE 0732.998.712
Braine-l'Alleud · Eq €2,407,723
ERES-SAPOLI
BE 0417.890.747
Nazareth-De Pinte · Eq €2,394,710
ORIS GROUP
BE 0818.451.455
Sint-Gillis (bij-Brussel) · Eq €2,533,676
MADO
BE 0428.428.016
Antwerpen · Eq €2,366,228
CONSULTA - BELGIUM
BE 0421.862.896
Mechelen · Eq €2,593,178
Of 798 companies in sector 46450 we hold annual accounts for 451. 165 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
Founded16-11-1998
Fiscal year end31-12
Activities, NACEBEL 2025
46450Wholesale of perfume and cosmetics
46460Wholesale of pharmaceutical and medical goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0464594168
Also
9925:BE0464594168
Registered
01-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.