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ACTIFFAX

Active
Private limited company (pre-2019)founded 199233 yrs activeLoddershoekstraat 32, 1770 Liedekerke, BelgiumKBO/BCE: BE 0448.674.785
Summary

For ACTIFFAX, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €29,573 and a net result of -€8,842. Equity is shrinking by ~15.5% per year across the filed fiscal years. The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability15▼-2
Solvency36▼-3
Growth58=
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2023
Solvency, return and age of the figures
Solvency
10.9%
Return on assets
-3.3%
Age of the figures
33 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 07-10-2024, 68 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
68 d late
2022
121 d late
2021
68 d late
2020
31 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 64 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ACTIFFAX was incorporated on 20 November 1992.1 Total assets fell from EUR 430,253 in 2018 to EUR 270,738 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2023, micro schema

Equity
€29,573▼ 23.0%
2022 · €38,415
Total assets
€270,738▼ 4.3%
2022 · €282,850
Net result
-€8,842▼ 136%
2022 · -€3,740
Working capital
€18,260▼ 26.5%
2022 · €24,846
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result-€16,919▼ 72.6%-€10,662▲ 37.0%-€4,704▲ 55.9%-€3,481▲ 26.0%-€8,655▼ 149%
Net result-€14,060▼ 19.1%-€10,821▲ 23.0%-€4,898▲ 54.7%-€3,740▲ 23.6%-€8,842▼ 136%
Equity€57,874▼ 19.5%€47,053▼ 18.7%€42,155▼ 10.4%€38,415▼ 8.9%€29,573▼ 23.0%
Total assets€367,210▼ 14.7%€354,487▼ 3.5%€350,087▼ 1.2%€282,850▼ 19.2%€270,738▼ 4.3%
Debt€309,337▼ 13.7%€307,434▼ 0.6%€307,933▲ 0.2%€244,435▼ 20.6%€241,166▼ 1.3%
Working capital€35,296▼ 22.4%€28,322▼ 19.8%€26,330▼ 7.0%€24,846▼ 5.6%€18,260▼ 26.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€15,000-€10,000-€5,000€0Operating result 2019: -€16,919-€16,919Net result 2019: -€14,060-€14,060Operating result 2020: -€10,662-€10,662Net result 2020: -€10,821-€10,821Operating result 2021: -€4,704-€4,704Net result 2021: -€4,898-€4,898Operating result 2022: -€3,481-€3,481Net result 2022: -€3,740-€3,740Operating result 2023: -€8,655-€8,655Net result 2023: -€8,842-€8,84220192020202120222023-€10,000-€7,500-€5,000-€2,500€0Operating result 2021: -€4,704-€4,700Net result 2021: -€4,898-€4,900Operating result 2022: -€3,481-€3,480Net result 2022: -€3,740-€3,740Operating result 2023: -€8,655-€8,660Net result 2023: -€8,842-€8,840202120222023
The operating result stays negative: a loss of €8,655 in 2023 against €3,481 in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €270,738
Fixed assets €11,313 ▼ 16.6%
Current assets €259,426 ▼ 3.7%
Equity and liabilities €270,738
Equity €29,573 ▼ 23.0%
Debt €241,166 ▼ 1.3%
Debt's share of the balance-sheet total rises from 86.4% to 89.1%. Equity and debt are lower.
Key figures and ratios
2023 value · change against 2022
EBITDA
-€6,399▼
2022 · -€1,225
Cash flow
-€6,586▼
2022 · -€1,484
Current ratio
1.08▼
2022 · 1.10
Debt to equity
8.15▲
2022 · 6.36
ROE
-29.9%▼
2022 · -9.7%
ROA
-3.3%▼
2022 · -1.3%
Interest coverage
-34.30▼
2022 · -4.73
Debt ≤ 1 year
€241,166▼
2022 · €244,435
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 40 lines
Balance sheet Code20222023
Assets
Total assets20/58€282,850€270,738▼
Fixed assets21/28€13,569€11,313▼
Tangible fixed assets22/27€13,522€11,266▼
Land and buildings22€13,522€11,266▼
Financial fixed assets28€47€47▼
Current assets29/58€269,281€259,426▼
Amounts receivable within one year40/41€247,908€240,890▼
Trade receivables40€35,998€35,998=
Other amounts receivable41€211,910€204,892▼
Current investments50/53€17,926€17,926=
Cash at bank and in hand54/58€2,145€609▼
Deferred charges and accrued income490/1€1,302€0▼
Equity and liabilities
Total equity and liabilities10/49€282,850€270,738▼
Equity10/15€38,415€29,573▼
Contributions10/11€18,592€18,592=
Capital10€18,592€18,592=
Issued capital100€18,592€18,592=
Reserves13€170,913€170,913=
Non-distributable reserves130/1€1,859€1,859=
Legal reserve130€1,859€1,859=
Tax-exempt reserves132€3,054€3,054=
Distributable reserves133€166,000€166,000=
Profit (loss) carried forward14-€151,091-€159,933▼
Amounts payable17/49€244,435€241,166▼
Amounts payable within one year42/48€244,435€241,166▼
Trade debts44€446€802▲
Suppliers440/4€446€802▲
Advances received on contracts in progress46€240,364€240,364=
Other amounts payable47/48€3,625-
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,256€2,256=
Other operating charges640/8€385€100▼
Gross operating margin9900-€840-€6,299▼
Operating profit (loss)9901-€3,481-€8,655▼
Financial charges65/66B€259€187▼
Recurring financial charges65€259€187▼
Profit (loss) for the period before taxes9903-€3,740-€8,842▼
Profit (loss) for the period9904-€3,740-€8,842▼
Profit (loss) for the period to be appropriated9905-€3,740-€8,842▼
Appropriation of the result
Profit (loss) to be appropriated9906-€151,091-€159,933▼
Profit (loss) brought forward from the previous period14P-€147,351-€151,091▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,847€3,847€2,906€2,256€2,256=
Other operating charges640/8--€456€385€100▼ 74.0%
Gross operating margin9900-€6,275-€2,857-€1,342-€840-€6,299▼ 650%
Operating profit (loss)9901-€16,919-€10,662-€4,704-€3,481-€8,655▼ 149%
Financial charges65/66B--€195€259€187▼ 28.0%
Recurring financial charges65€141€159€195€259€187▼ 28.0%
Profit (loss) for the period before taxes9903-€14,060-€10,821-€4,898-€3,740-€8,842▼ 136%
Profit (loss) for the period9904-€14,060-€10,821-€4,898-€3,740-€8,842▼ 136%
Profit (loss) for the period to be appropriated9905-€14,060-€10,821-€4,898-€3,740-€8,842▼ 136%
Line20192020202120222023Change
Assets
Total assets20/58€367,210€354,487€350,087€282,850€270,738▼ 4.3%
Fixed assets21/28€22,577€18,731€15,825€13,569€11,313▼ 16.6%
Tangible fixed assets22/27€22,530€18,683€15,778€13,522€11,266▼ 16.7%
Land and buildings22--€15,778€13,522€11,266▼ 16.7%
Financial fixed assets28€47€47€47€47€47▼ 0.8%
Current assets29/58€344,633€335,756€334,262€269,281€259,426▼ 3.7%
Amounts receivable within one year40/41€45,990€136,302€191,109€247,908€240,890▼ 2.8%
Trade receivables40--€35,998€35,998€35,998=
Other amounts receivable41--€155,111€211,910€204,892▼ 3.3%
Current investments50/53€17,926€17,926€17,926€17,926€17,926=
Cash at bank and in hand54/58€130,716€31,528€125,227€2,145€609▼ 71.6%
Deferred charges and accrued income490/1---€1,302€0▼ 100.0%
Equity and liabilities
Total equity and liabilities10/49€367,210€354,487€350,087€282,850€270,738▼ 4.3%
Equity10/15€57,874€47,053€42,155€38,415€29,573▼ 23.0%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Capital10--€18,592€18,592€18,592=
Issued capital100--€18,592€18,592€18,592=
Reserves13€170,913€170,913€170,913€170,913€170,913=
Non-distributable reserves130/1--€1,859€1,859€1,859=
Legal reserve130--€1,859€1,859€1,859=
Tax-exempt reserves132--€3,054€3,054€3,054=
Distributable reserves133--€166,000€166,000€166,000=
Profit (loss) carried forward14-€131,632-€142,453-€147,351-€151,091-€159,933▼ 5.9%
Amounts payable17/49€309,337€307,434€307,933€244,435€241,166▼ 1.3%
Amounts payable within one year42/48€309,337€307,434€307,933€244,435€241,166▼ 1.3%
Trade debts44€492€589€1,618€446€802▲ 79.9%
Suppliers440/4--€1,618€446€802▲ 79.9%
Advances received on contracts in progress46--€240,364€240,364€240,364=
Other amounts payable47/48--€65,951€3,625--
Line20192020202120222023Change
Profit (loss) for the period9904-€14,060-€10,821-€4,898-€3,740-€8,842▼ 136%
+ Depreciation and write-downs630€3,847€3,847€2,906€2,256€2,256=
Operating cash flow (approximation)-€10,214-€6,974-€1,992-€1,484-€6,586▼ 344%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€99,188€93,699-€123,082-€1,536▲ 98.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2024
07-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
29-11
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 121 days late
2022
07-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 68 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial Weakest financial yearnet -€14,060
Net result drops to -€14,060, the lowest in the series; recovery starts the following year.
09-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
2018
25-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
2017
13-11
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 105 days late
2016
29-11
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 121 days late
2015
30-09
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Liedekerke · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
1,997 m²
Building footprint
571 m²
Volume, LiDAR
8,269 m³
2 parcels, Brussels, Flanders · tallest building 21.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
ACTIFFAX BVBA
Kasteellaan 38, 1081 KoekelbergNACE 5143002
since 19922.059.789.258
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21011A0062/00Y000 Brussels 1,582 m² 1 · 478 m² 21.0 m · 6 fl.
23762C0244/00K000 Flanders 415 m² 1 · 92 m² 9.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded20-11-1992
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

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