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ACTION ACTION

Active
Public limited companyfounded 198640 yrs activeAppelkantstraat 67, 2540 Hove, BelgiumKBO/BCE: BE 0428.749.106
Summary

ACTION ACTION has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.5m and a net result of -€143,955. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 90% of 8966 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability20▼-4
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €230,000 at 30 days acceptable
Liquidity ample (current ratio 24.32 against 24.65 in 2023; short-term debt: 2.3% and cash: 0.9% of total assets), and 8.9% of the assets are financed with debt.
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Signals

Four 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 40 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€143,955
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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
61 d late
2022
57 d late
2021
113 d late
2020
61 d late
2019
52 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 67 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed 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

ACTION ACTION was incorporated on 27 March 1986.1 Total assets fell from EUR 4.7 million in 2018 to EUR 3.8 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€3.5m▼ 7.1%
2023 · €3.8m
Total assets
€3.8m▼ 6.4%
2023 · €4.1m
Net result
-€143,955▼ 203%
2023 · -€47,462
Working capital
€2.1m▼ 12.4%
2023 · €2.4m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations 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
Line20202021202220232024
Operating result€8,403▼ 88.7%-€2,843-€25,573▼ 799%-€11,923▲ 53.4%€71,046
Net result-€15,610below the sector's middle half€2,181within the sector's middle half-€21,753below the sector's middle half-€47,462below the sector's middle half▼ 118%-€143,955below the sector's middle half▼ 203%
Equity€4.0mabove the sector's middle half▼ 3.9%€4.0mabove the sector's middle half▼ 0.9%€3.9mabove the sector's middle half▼ 2.4%€3.8mabove the sector's middle half▼ 3.1%€3.5mabove the sector's middle half▼ 7.1%
Total assets€4.6mabove the sector's middle half▲ 0.8%€4.7mabove the sector's middle half▲ 2.7%€4.5mabove the sector's middle half▼ 5.5%€4.1mabove the sector's middle half▼ 8.2%€3.8mabove the sector's middle half▼ 6.4%
Debt€575,702▲ 54.3%€738,137▲ 28.2%€575,061▼ 22.1%€332,710▼ 42.1%€339,321▲ 2.0%
Working capital€2.8m▼ 8.1%€2.6m▼ 7.8%€2.5m▼ 4.3%€2.4m▼ 4.3%€2.1m▼ 12.4%
Solvency87.4%above the sector's middle half▼ 4.3pp84.3%above the sector's middle half▼ 3.1pp87.0%above the sector's middle half▲ 2.8pp91.8%above the sector's middle half▲ 4.8pp91.1%above the sector's middle half▼ 0.7pp
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations 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
-€200,000-€100,000€0€100,000Operating result 2020: €8,403€8,403Net result 2020: -€15,610-€15,610Operating result 2021: -€2,843-€2,843Net result 2021: €2,181€2,181Operating result 2022: -€25,573-€25,573Net result 2022: -€21,753-€21,753Operating result 2023: -€11,923-€11,923Net result 2023: -€47,462-€47,462Operating result 2024: €71,046€71,046Net result 2024: -€143,955-€143,95520202021202220232024-€200,000-€100,000€0€100,000Operating result 2022: -€25,573-€25,600Net result 2022: -€21,753-€21,800Operating result 2023: -€11,923-€11,900Net result 2023: -€47,462-€47,500Operating result 2024: €71,046€71,000Net result 2024: -€143,955-€144,000202220232024
The operating result returns to profit in 2024: €71,046 after a loss of €11,923 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.8m
Fixed assets €1.7m ▲ 2.8%
Current assets €2.2m ▼ 12.4%
Equity and liabilities €3.8m
Equity €3.5m ▼ 7.1%
Provisions €2,871 ▼ 25.1%
Debt €339,321 ▲ 2.0%
Debt's share of the balance-sheet total rises from 8.1% to 8.8%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€149,750▲
2023 · €47,144
Cash flow
-€65,251▼
2023 · €11,605
Current ratio
24.32▼
2023 · 24.65
Debt to equity
0.10▲
2023 · 0.09
ROE
-4.1%▼
2023 · -1.3%
ROA
-3.7%▼
2023 · -1.2%
Interest coverage
0.72▼
2023 · 0.75
Debt ≤ 1 year
€89,970▼
2023 · €101,306
Debt > 1 year
€245,261▲
2023 · €227,314
Income taxes
€18,494▲
2023 · €11,985
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% 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 0.3% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 8,594 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 58 lines
Balance sheet Code20232024
Assets
Total assets20/58€4.1m€3.8m▼
Fixed assets21/28€1.6m€1.7m▲
Tangible fixed assets22/27€1.6m€1.7m▲
Land and buildings22€1.2m€1.1m▼
Furniture and vehicles24€68,035€161,195▲
Other tangible fixed assets26€369,560€358,811▼
Current assets29/58€2.5m€2.2m▼
Amounts receivable after more than one year29€202,632€202,632=
Other amounts receivable291€202,632€202,632=
Amounts receivable within one year40/41€232,379€247,141▲
Trade receivables40€230,759€247,094▲
Other amounts receivable41€1,620€47▼
Current investments50/53€2.0m€1.7m▼
Cash at bank and in hand54/58€18,420€35,886▲
Deferred charges and accrued income490/1€1,547€1,324▼
Equity and liabilities
Total equity and liabilities10/49€4.1m€3.8m▼
Equity10/15€3.8m€3.5m▼
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€3.7m€3.4m▼
Non-distributable reserves130/1€6,150€6,150=
Legal reserve130€6,150€6,150=
Tax-exempt reserves132€11,200€9,349▼
Distributable reserves133€3.7m€3.4m▼
Provisions and deferred taxes16€3,835€2,871▼
Deferred taxes168€3,835€2,871▼
Amounts payable17/49€332,710€339,321▲
Amounts payable after more than one year17€227,314€245,261▲
Financial debts170/4€227,314€245,261▲
Amounts payable within one year42/48€101,306€89,970▼
Current portion of amounts payable after more than one year42€52,732€51,164▼
Financial debts43€19,500-
Credit institutions430/8€19,500-
Trade debts44€24,684€19,782▼
Suppliers440/4€24,684€19,782▼
Taxes, remuneration and social security45€738€14,765▲
Taxes450/3€738€14,765▲
Other amounts payable47/48€3,652€4,258▲
Accrued charges and deferred income492/3€4,090€4,090=
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59,067€78,704▲
Other operating charges640/8€5,615€8,149▲
Gross operating margin9900€52,759€157,899▲
Operating profit (loss)9901-€11,923€71,046▲
Financial income75/76B€38,003€9,394▼
Recurring financial income75€38,003€9,394▼
Financial charges65/66B€62,521€206,864▲
Recurring financial charges65€62,521€206,864▲
Profit (loss) for the period before taxes9903-€36,441-€126,425▼
Transfer from deferred taxes780€964€964=
Income taxes67/77€11,985€18,494▲
Profit (loss) for the period9904-€47,462-€143,955▼
Transfer from tax-exempt reserves789€1,850€1,850=
Profit (loss) for the period to be appropriated9905-€45,612-€142,105▼
Appropriation of the result
Profit (loss) to be appropriated9906-€45,612-€142,105▼
Transfer from equity791/2€120,612€267,105▲
Profit to be distributed694/7€75,000€125,000▲
Return on contributions (dividend)694€75,000€125,000▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A-€21,279€3,333---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77,625€112,074€81,198€59,067€78,704▲ 33.2%
Other operating charges640/8-€14,202€14,401€5,615€8,149▲ 45.1%
Non-recurring operating charges66A--€4,790---
Gross operating margin9900€91,875€123,433€74,816€52,759€157,899▲ 199%
Operating profit (loss)9901€8,403-€2,843-€25,573-€11,923€71,046▲ 696%
Financial income75/76B-€92,812€110,747€38,003€9,394▼ 75.3%
Recurring financial income75€61,996€92,812€110,747€38,003€9,394▼ 75.3%
Financial charges65/66B-€49,956€85,559€62,521€206,864▲ 231%
Recurring financial charges65€83,934€49,956€85,559€62,521€206,864▲ 231%
Profit (loss) for the period before taxes9903-€13,535€40,013-€385-€36,441-€126,425▼ 247%
Transfer from deferred taxes780-€964€964€964€964=
Income taxes67/77€3,039€38,796€22,331€11,985€18,494▲ 54.3%
Profit (loss) for the period9904-€15,610€2,181-€21,753-€47,462-€143,955▼ 203%
Transfer from tax-exempt reserves789-€1,850€1,850€1,850€1,850=
Profit (loss) for the period to be appropriated9905-€13,760€4,031-€19,902-€45,612-€142,105▼ 212%
Line20202021202220232024Change
Assets
Total assets20/58€4.6m€4.7m€4.5m€4.1m€3.8m▼ 6.4%
Fixed assets21/28€1.4m€1.9m€1.8m€1.6m€1.7m▲ 2.8%
Tangible fixed assets22/27€1.4m€1.9m€1.8m€1.6m€1.7m▲ 2.8%
Land and buildings22-€1.2m€1.2m€1.2m€1.1m▼ 3.1%
Furniture and vehicles24-€50,660€29,519€68,035€161,195▲ 137%
Other tangible fixed assets26-€600,919€584,419€369,560€358,811▼ 2.9%
Current assets29/58€3.2m€2.9m€2.7m€2.5m€2.2m▼ 12.4%
Amounts receivable after more than one year29-€193,865€196,730€202,632€202,632=
Other amounts receivable291-€193,865€196,730€202,632€202,632=
Amounts receivable within one year40/41€421,035€242,651€223,692€232,379€247,141▲ 6.4%
Trade receivables40-€235,009€221,494€230,759€247,094▲ 7.1%
Other amounts receivable41-€7,642€2,198€1,620€47▼ 97.1%
Current investments50/53€2.2m€2.1m€2.1m€2.0m€1.7m▼ 16.7%
Cash at bank and in hand54/58€234,354€288,455€109,650€18,420€35,886▲ 94.8%
Deferred charges and accrued income490/1-€2,003€2,349€1,547€1,324▼ 14.4%
Equity and liabilities
Total equity and liabilities10/49€4.6m€4.7m€4.5m€4.1m€3.8m▼ 6.4%
Equity10/15€4.0m€4.0m€3.9m€3.8m€3.5m▼ 7.1%
Contributions10/11€61,500€61,500€61,500€61,500€61,500=
Capital10-€61,500€61,500€61,500€61,500=
Issued capital100-€61,500€61,500€61,500€61,500=
Reserves13€4.0m€3.9m€3.8m€3.7m€3.4m▼ 7.2%
Non-distributable reserves130/1-€6,150€6,150€6,150€6,150=
Legal reserve130-€6,150€6,150€6,150€6,150=
Tax-exempt reserves132-€14,900€13,050€11,200€9,349▼ 16.5%
Distributable reserves133-€3.9m€3.8m€3.7m€3.4m▼ 7.2%
Profit (loss) carried forward14-€4,031----
Provisions and deferred taxes16€6,727€5,763€4,799€3,835€2,871▼ 25.1%
Deferred taxes168-€5,763€4,799€3,835€2,871▼ 25.1%
Amounts payable17/49€575,702€738,137€575,061€332,710€339,321▲ 2.0%
Amounts payable after more than one year17€233,675€495,944€422,943€227,314€245,261▲ 7.9%
Financial debts170/4-€495,944€422,943€227,314€245,261▲ 7.9%
Amounts payable within one year42/48€337,937€238,103€148,027€101,306€89,970▼ 11.2%
Current portion of amounts payable after more than one year42-€104,217€88,489€52,732€51,164▼ 3.0%
Financial debts43---€19,500--
Credit institutions430/8---€19,500--
Trade debts44€154,120€104,448€47,915€24,684€19,782▼ 19.9%
Suppliers440/4-€104,448€47,915€24,684€19,782▼ 19.9%
Advances received on contracts in progress46-€2,802----
Taxes, remuneration and social security45-€3,330€7,025€738€14,765▲ 1,902%
Taxes450/3-€3,330€7,025€738€14,765▲ 1,902%
Other amounts payable47/48-€23,306€4,598€3,652€4,258▲ 16.6%
Accrued charges and deferred income492/3-€4,090€4,090€4,090€4,090=
Line20202021202220232024Change
Profit (loss) for the period9904-€15,610€2,181-€21,753-€47,462-€143,955▼ 203%
+ Depreciation and write-downs630€77,625€112,074€81,198€59,067€78,704▲ 33.2%
Operating cash flow (approximation)€62,015€114,255€59,446€11,605-€65,251▼ 662%
Investment in fixed assets (approximation)--€558,262-€23,496€151,879-€124,378▼ 182%
Change in cash-€54,101-€178,805-€91,230€17,466▲ 119%

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

2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial Weakest financial yearnet -€143,955
Net result drops to -€143,955, the lowest in the series.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
26-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
21-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 113 days late
2021
31-12
Financial Back to profitnet €2,181
Net result €2,181 after one loss-making year.
30-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
21-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 52 days late
2019
07-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
07-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
01-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
2016
08-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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
8 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, Hove · 1 establishment unit since 1986
seat establishment The establishment unit on the map
Ground area
2.1 ha
Building footprint
904 m²
Volume, LiDAR
8,098 m³
2 parcels, Flanders · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Oudstrijdersstraat 7, 2540 Hove
NACE 7440101
since 19862.037.212.311
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11021A0147/00H000 Flanders 1.8 ha 1 · 701 m² 14.6 m · 3 fl.
11021A0151/00H002 Flanders 2,501 m² 1 · 203 m² 10.8 m · 1 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.

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 961 EUR awarded · 961 EUR paid
Year Entries awardedpaid
2025 1 961 EUR961 EUR
Schemes
1 entry · 961 EUR · 961 EUR paid · Vlaams Energie- en Klimaatagentschap

Recognitions · licences · registrations

Legal Entity Identifier

96760080P7ABZUONH351
live in the LEI register

Similar companies · same sector, comparable size

Of 9,864 companies in sector 73110 we hold annual accounts for 3,752. 649 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded27-03-1986
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0428749106
Registered 01-10-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.