Activate Group
ActiveSummary
Activate Group has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €10,166 and a net result of €7,166. Its solvency ranks better than 15% of 55 sector peers (NACE 85, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 06-05-2025 Normal situation
- Activity
- Sports and recreation education NACE 85510
- Establishment unit
- 2.373.729.857 8790 Waregem, since 06-05-2025
- Financial year end
- 31 March
- Peppol
- Reachable since 06-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €28,954
- Turnover
- ≈ €120,000
- estimated
- Profit
- €7,166
- Equity
- €10,166
- Total assets
- €178,001
Score breakdownraises riskEquity €10,166 (5.7% of total assets)lowers riskSector: Education (NACE 85)Size: total assets €178,001Liquidity: current ratio 1.07, cash €43,092Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro). It does better than 20% of them on solvency, 57% on liquidity and 49% on profitability.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Searched, nothing found (1)
Financials
Financials · financial year 2026, micro format
Annual accounts 2026 filed on 29-10-2026 at the NBB
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 31-03-2026 |
|---|---|
| Tangible fixed assets | €129,330 |
| Intangible fixed assets | €5,536 |
| Depreciation and write-downs of the year | €14,825 |
Source: notes to the 2026 annual accounts (statement of fixed assets)
| Line | 2026 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,825 |
| Other operating charges640/8 | €691 |
| Gross operating margin9900 | €28,954 |
| Operating profit (loss)9901 | €13,438 |
| Financial income75/76B | €0 |
| Recurring financial income75 | €0 |
| Financial charges65/66B | €3,554 |
| Recurring financial charges65 | €3,554 |
| Profit (loss) for the period before taxes9903 | €9,885 |
| Income taxes67/77 | €2,719 |
| Profit (loss) for the period9904 | €7,166 |
| Profit (loss) for the period to be appropriated9905 | €7,166 |
| Line | 2026 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €178,001 | |
| Fixed assets21/28 | €120,041 | |
| Intangible fixed assets21 | €4,535 | |
| Tangible fixed assets22/27 | €115,506 | |
| Plant, machinery and equipment23 | €24,992 | |
| Furniture and vehicles24 | €130 | |
| Leasing and similar rights25 | €4,498 | |
| Other tangible fixed assets26 | €85,886 | |
| Current assets29/58 | €57,960 | |
| Stocks and contracts in progress3 | €485 | |
| Stocks30/36 | €485 | |
| Amounts receivable within one year40/41 | €10,078 | |
| Trade receivables40 | €10,078 | |
| Cash at bank and in hand54/58 | €43,092 | |
| Deferred charges and accrued income490/1 | €4,304 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €178,001 | |
| Equity10/15 | €10,166 | |
| Contributions10/11 | €3,000 | |
| Reserves13 | €7,166 | |
| Distributable reserves133 | €7,166 | |
| Amounts payable17/49 | €167,835 | |
| Amounts payable after more than one year17 | €73,960 | |
| Financial debts170/4 | €73,960 | |
| Amounts payable within one year42/48 | €54,305 | |
| Current portion of amounts payable after more than one year42 | €14,168 | |
| Trade debts44 | €14,317 | |
| Suppliers440/4 | €14,317 | |
| Taxes, remuneration and social security45 | €11,294 | |
| Taxes450/3 | €11,294 | |
| Other amounts payable47/48 | €14,526 | |
| Accrued charges and deferred income492/3 | €39,570 | |
| Line | 2026 |
|---|---|
| Profit (loss) for the period9904 | €7,166 |
| + Depreciation and write-downs630 | €14,825 |
| Operating cash flow (approximation) | €21,991 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 514 companies had the same profile as Activate Group has now. Two years later, 96.9% were still going and 1.8% had gone bankrupt.
- Micro
- under 2 years old
- solvency under 10%
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Activate Group itself is lower: 0.1% within 12 months. It rests on far more data about Activate Group than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 514 companies, not a prediction for Activate Group. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 29-10-2026 | 2026-00594736 |
Board & ownership
Directors
Owners and capital
Shareholders
- VANDENDRIESSCHE Tibo Roger Jozef 3,000 shares (100%) · €3,000
Capital transactions
- 09-05-2025 Incorporation · €3,000 · 3,000 shares
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Duur van vennootschap tenzij algemene vergadering anders besluit, één of meer bestuurders”
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Gevallen door wet voorzien, door wet vereiste meerderheid van stemmen”
Articles of association, deed of 09-05-2025 (in Dutch)
Network & group
Activate Group shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of Activate Group. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
09-05
Gazette deed
IncorporationStarting capital €3,000 · Appointment: VANDENDRIESSCHE Tibo Roger Jozef (director) · Registered office clause · Pre-incorporation commitments7 points ▸
- Registered office clause, “8790 Waregem,Ingooigemstraat 13/11, oprichter verklaart dat zetel zal gevestigd worden op adres” (deed in Dutch)
- Pre-incorporation commitments, “takeover, rechten en verbintenissen uit rechtshandelingen in haar naam en voor haar rekening gesteld voor oprichting” (deed in Dutch)
- Director appointment, VANDENDRIESSCHE Tibo Roger Jozef (director (not named in the articles))
- Other provision, “beroepsverbod, geen beroepsverbod uitgesproken” (deed in Dutch)
- Incorporation, 30-04-2025
- Founder, VANDENDRIESSCHE Tibo Roger Jozef
- Founding capital, €3,000
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
1 siteSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34453F0656/00L000 | Flanders | 465 m² | 1 · 102 m² | 7.4 m · 2 |