All Terrain Progress Control
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 08-06-2026 PDF all 2 filings
Every figure per financial year
The operating result for 2025 is 71% lower than in 2024.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €14,163 | - |
| Financial fixed assets | €96 | - |
| Depreciation and write-downs of the year | €906 | €3,110 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €176,464 | €93,035 | ▼ 47.3% |
| Goods, raw materials, services and sundry goods60/61 | €135,744 | €79,584 | ▼ 41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €906 | €3,110 | ▲ 243% |
| Other operating charges640/8 | €4,197 | - | - |
| Gross operating margin9900 | €40,720 | €13,462 | ▼ 66.9% |
| Operating profit (loss)9901 | €35,617 | €10,352 | ▼ 70.9% |
| Financial income75/76B | - | €123 | - |
| Recurring financial income75 | - | €123 | - |
| Financial charges65/66B | €1,443 | €913 | ▼ 36.7% |
| Recurring financial charges65 | €1,443 | €913 | ▼ 36.7% |
| Profit (loss) for the period before taxes9903 | €34,174 | €9,562 | ▼ 72.0% |
| Income taxes67/77 | €9,169 | €4,331 | ▼ 52.8% |
| Profit (loss) for the period9904 | €25,005 | €5,231 | ▼ 79.1% |
| Profit (loss) for the period to be appropriated9905 | €25,005 | €5,231 | ▼ 79.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €75,911 | €85,002 | ▲ 12.0% |
| Fixed assets21/28 | €13,353 | €10,243 | ▼ 23.3% |
| Tangible fixed assets22/27 | €13,257 | €10,147 | ▼ 23.5% |
| Plant, machinery and equipment23 | €1,212 | €518 | ▼ 57.3% |
| Furniture and vehicles24 | €12,045 | €9,629 | ▼ 20.1% |
| Financial fixed assets28 | €96 | €96 | = |
| Current assets29/58 | €62,558 | €74,759 | ▲ 19.5% |
| Amounts receivable within one year40/41 | €3,445 | €1,123 | ▼ 67.4% |
| Trade receivables40 | €3,445 | €1,123 | ▼ 67.4% |
| Current investments50/53 | €50,000 | €67,407 | ▲ 34.8% |
| Cash at bank and in hand54/58 | €7,883 | €5,063 | ▼ 35.8% |
| Deferred charges and accrued income490/1 | €1,230 | €1,166 | ▼ 5.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €75,911 | €85,002 | ▲ 12.0% |
| Equity10/15 | €28,172 | €32,570 | ▲ 15.6% |
| Contributions10/11 | €4,000 | €4,000 | = |
| Profit (loss) carried forward14 | €24,172 | €28,570 | ▲ 18.2% |
| Amounts payable17/49 | €47,739 | €52,432 | ▲ 9.8% |
| Amounts payable within one year42/48 | €47,739 | €52,432 | ▲ 9.8% |
| Trade debts44 | €8,221 | €5,190 | ▼ 36.9% |
| Suppliers440/4 | €8,221 | €5,190 | ▼ 36.9% |
| Taxes, remuneration and social security45 | €11,056 | €16,927 | ▲ 53.1% |
| Taxes450/3 | €11,056 | €16,927 | ▲ 53.1% |
| Other amounts payable47/48 | €28,462 | €30,315 | ▲ 6.5% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €25,005 | €5,231 | ▼ 79.1% |
| + Depreciation and write-downs630 | €906 | €3,110 | ▲ 243% |
| Operating cash flow (approximation) | €25,911 | €8,341 | ▼ 67.8% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€2,820 | - |
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, 39,278 companies had the same profile as All Terrain Progress Control has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of All Terrain Progress Control itself: 0.6% within 12 months.
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 39,278 companies, not a prediction for All Terrain Progress Control. 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.