ALIVER
ActiveALIVER has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €128k and a net result of €29k. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 46% of 9582 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
89
/ 100
Excellent▲ +23 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+12
Solvency58▲+14
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.1 against 0.88 in 2023), and 64.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
26 d early
2022
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€78k
EBIT margin
29.3%
Net result
€29k▲ 63.2%
2023 · €18k
2022: €17k
2023: €18k
2022 → 2024
Working capital
€12k
2023 · €-14k
2022: €-18k
2023: €-14k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€78k-
Equity€84k-€100k▲ 18.4%€128k▲ 27.8%
Operating result€23k-€28k▲ 24.8%€55k▲ 95.8%
Net result€17k-€18k▲ 5.8%€29k▲ 63.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 96% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €362k
Fixed assets
€227k▼ 2.4%
Current assets
€135k▲ 27.7%
Equity and liabilities €362k
Equity
€128k▲ 27.8%
Debt
€234k▼ 1.7%
The debt ratio falls from 70.4% to 64.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€63k▲
2023 · €43k
Cash flow
€36k▲
2023 · €32k
Solvency
35.4%▲
2023 · 29.6%
Current ratio
1.10▲
2023 · 0.88
Quick ratio
1.10▲
2023 · 0.88
Debt / equity
1.83▼
2023 · 2.38
ROE
22.4%▲
2023 · 17.5%
ROA
7.9%▲
2023 · 5.2%
Interest coverage
4.25▼
2023 · 6.53
Debt
€234k▼
2023 · €238k
Debt ≤ 1 year
€123k▲
2023 · €120k
Debt > 1 year
€104k▼
2023 · €118k
Income taxes
€13k▲
2023 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€338k€362k▲
Fixed assets21/28€232k€227k▼
Tangible fixed assets22/27€232k€227k▼
Land and buildings22€222k€216k▼
Plant, machinery and equipment23€10k€9k▼
Furniture and vehicles24€581€1k▲
Current assets29/58€106k€135k▲
Amounts receivable within one year40/41€68k€72k▲
Trade receivables40€24k€53k▲
Other amounts receivable41€44k€19k▼
Cash at bank and in hand54/58€37k€62k▲
Deferred charges and accrued income490/1€842€2k▲
Equity and liabilities
Total equity and liabilities10/49€338k€362k▲
Equity10/15€100k€128k▲
Contributions10/11€2k€2k=
Reserves13€98k€126k▲
Distributable reserves133€98k€126k▲
Amounts payable17/49€238k€234k▼
Amounts payable after more than one year17€118k€104k▼
Financial debts170/4€118k€104k▼
Amounts payable within one year42/48€120k€123k▲
Current portion of amounts payable after more than one year42€15k€15k=
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€7k€3k▼
Other amounts payable47/48€95k€99k▲
Accrued charges and deferred income492/3-€8k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€7k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€45k€65k▲
Operating profit (loss)9901€28k€55k▲
Financial income75/76B€1k€734▼
Recurring financial income75€1k€734▼
Financial charges65/66B€7k€15k▲
Recurring financial charges65€7k€15k▲
Profit (loss) for the period before taxes9903€23k€41k▲
Income taxes67/77€5k€13k▲
Profit (loss) for the period9904€18k€29k▲
Profit (loss) for the period to be appropriated9905€18k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€29k▲
Transfer to equity691/2€18k€28k▲
To other reserves6921€18k€28k▲
Profit to be distributed694/7-€833
Return on contributions (dividend)694-€833
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2022net €29k ▲63.2%
Operating result €55k, net result €29k, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €100kEq €100k ▲18.4%
2 profitable years in a row build equity to €100k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Veurne · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Burgweg 428630 VeurneGround area
846 m²
Building footprint
179 m²
Parcel 38025B0011/00E002, Flanders. Linked by address, not a title deed.
1 establishment unit
Arne Werrebrouck
since 20112.205.399.720
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025B0011/00E002 | Flanders | 846 m² | 1 · 179 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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VANDEWALLE CYCLE
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TOP BIKE
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STS
BE 0552.809.928
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De Bondt Timothy
BE 0754.397.407
Hamme (Vl.) · Eq €127k
Of 1,454 companies in sector 47632 we hold annual accounts for 721. 631 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2011
Fiscal year end31-12
Activities, NACEBEL
47632Retail sale of bicycles
47785Retail trade
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43310Plastering work
80090Investigation and security activities
80200Investigation and security activities
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:arnewerrebrouck@hotmail.com
Phone:0485/96.17.99