AR - BEHEER
ActiveAR - BEHEER has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €571k and a net result of €89k. Equity is growing by ~13.7% per year across the filed fiscal years. Its solvency ranks better than 78% of 31697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 4.92 against 5.39 in 2024; short-term debt: 19% and cash: 7.6% of total assets), and 19% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
81%
Return on assets
12.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-07-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
14 d early
2023
14 d early
2022
14 d early
2021
13 d early
2020
12 d early
2019
17 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€571k▲ 1.7%
2024 · €561k
2018: €250k
2019: €292k
2020: €379k
2021: €385k
2022: €442k
2023: €535k
2024: €561k
2018 → 2025
Total assets
€704k▲ 4.4%
2024 · €674k
2018: €256k
2019: €344k
2020: €399k
2021: €489k
2022: €490k
2023: €589k
2024: €674k
2018 → 2025
Net result
€89k▼ 3.1%
2024 · €92k
2018: €64k
2019: €78k
2020: €83k
2021: €83k
2022: €76k
2023: €109k
2024: €92k
2018 → 2025
Working capital
€523k▲ 5.3%
2024 · €497k
2018: €250k
2019: €253k
2020: €350k
2021: €365k
2022: €430k
2023: €451k
2024: €497k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€385k-€442k▲ 15.0%€535k▲ 20.9%€561k▲ 5.0%€571k▲ 1.7%
Operating result€117k-€108k▼ 8.1%€145k▲ 34.3%€117k▼ 19.5%€112k▼ 3.7%
Net result€83k-€76k▼ 8.6%€109k▲ 43.1%€92k▼ 15.4%€89k▼ 3.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €704k
Fixed assets
€47k▼ 26.6%
Current assets
€657k▲ 7.7%
Equity and liabilities €704k
Equity
€571k▲ 1.7%
Debt
€134k▲ 18.2%
The debt ratio rises from 16.8% to 19.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€130k▼
2024 · €134k
Cash flow
€106k▼
2024 · €109k
Solvency
81.0%▼
2024 · 83.2%
Current ratio
4.92▼
2024 · 5.39
Quick ratio
4.92▼
2024 · 5.39
Debt / equity
0.23▲
2024 · 0.20
ROE
15.6%▼
2024 · 16.4%
ROA
12.7%▼
2024 · 13.7%
Interest coverage
86.24▼
2024 · 118.10
Debt
€134k▲
2024 · €113k
Debt ≤ 1 year
€134k▲
2024 · €113k
Income taxes
€36k▼
2024 · €37k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€674k€704k▲
Fixed assets21/28€64k€47k▼
Tangible fixed assets22/27€64k€47k▼
Plant, machinery and equipment23€1k€1k▼
Furniture and vehicles24€63k€46k▼
Current assets29/58€610k€657k▲
Current investments50/53€565k€601k▲
Cash at bank and in hand54/58€40k€53k▲
Deferred charges and accrued income490/1€5k€3k▼
Equity and liabilities
Total equity and liabilities10/49€674k€704k▲
Equity10/15€561k€571k▲
Contributions10/11€19k€19k=
Reserves13€521k€532k▲
Distributable reserves133€521k€532k▲
Profit (loss) carried forward14€22k€21k▼
Amounts payable17/49€113k€134k▲
Amounts payable within one year42/48€113k€134k▲
Trade debts44€550€1k▲
Suppliers440/4€550€1k▲
Taxes, remuneration and social security45€22k€20k▼
Taxes450/3€21k€19k▼
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€91k€112k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k=
Other operating charges640/8€955€975▲
Gross operating margin9900€135k€131k▼
Operating profit (loss)9901€117k€112k▼
Financial income75/76B€14k€14k▲
Recurring financial income75€14k€14k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€129k€125k▼
Income taxes67/77€37k€36k▼
Profit (loss) for the period9904€92k€89k▼
Profit (loss) for the period to be appropriated9905€92k€89k▼
Appropriation of the result
Profit (loss) to be appropriated9906€116k€111k▼
Profit (loss) brought forward from the previous period14P€23k€22k▼
Transfer from equity791/2€64k€78k▲
Transfer to equity691/2€92k€89k▼
To other reserves6921€92k€89k▼
Profit to be distributed694/7€66k€80k▲
Return on contributions (dividend)694€66k€80k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €109k ▲43.1%
Operating result €145k, net result €109k, both a record.
31-12
Financial
Equity above €500kEq €535k ▲20.9%
6 profitable years in a row build equity to €535k.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 10.06
Current ratio from 4.51 to 10.06; short-term debt falls from €104k to €47k.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 18.84
Current ratio from 5.84 to 18.84; short-term debt falls from €52k to €20k.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Merksplas · 1 establishment unit since 2003
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.
Veldenstraat 52330 MerksplasGround area
9,361 m²
Building footprint
190 m²
Volume, LiDAR
1,174 m³
Parcel 13023H0194/00W000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Veldenstraat 5, 2330 Merksplas
since 20032.123.253.190
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13023H0194/00W000 | Flanders | 9,361 m² | 1 · 190 m² | 9.4 m · 2 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
9845000FNDEI91CAA142
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INFORUM
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 33,554 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-02-2003
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.