aReNa
ActiveaReNa has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €146k and a net result of €35k. Equity is shrinking by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 76% of 2464 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
100
/ 100
Excellent▲ +2 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+2
Growth58=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 4.33 against 2.19 in 2023), and 24% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
49 d early
2022
56 d late
2021
37 d early
2020
66 d late
2019
52 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€146k▲ 31.4%
2023 · €111k
2018: €234k
2019: €226k
2020: €196k
2021: €216k
2022: €151k
2023: €111k
2018 → 2024
Total assets
€192k▼ 0.7%
2023 · €194k
2018: €414k
2019: €260k
2020: €213k
2021: €245k
2022: €201k
2023: €194k
2018 → 2024
Net result
€35k▲ 14.7%
2023 · €31k
2018: €3k
2019: €-8k
2020: €-30k
2021: €21k
2022: €10k
2023: €31k
2018 → 2024
Working capital
€140k▲ 42.0%
2023 · €98k
2018: €104k
2019: €111k
2020: €105k
2021: €141k
2022: €137k
2023: €98k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€196k-€216k▲ 10.5%€151k▼ 30.1%€111k▼ 26.3%€146k▲ 31.4%
Operating result€-30k-€21k€11k▼ 48.1%€43k▲ 287%€49k▲ 13.8%
Net result€-30k-€21k€10k▼ 51.9%€31k▲ 208%€35k▲ 14.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 14% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €192k
Fixed assets
€11k▼ 16.3%
Current assets
€182k▲ 0.4%
Equity and liabilities €192k
Equity
€146k▲ 31.4%
Debt
€46k▼ 44.1%
The debt ratio falls from 42.6% to 24.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€54k▲
2023 · €47k
Cash flow
€40k▲
2023 · €35k
Solvency
76.0%▲
2023 · 57.4%
Current ratio
4.33▲
2023 · 2.19
Quick ratio
4.33▲
2023 · 2.19
Debt / equity
0.32▼
2023 · 0.74
ROE
23.9%▼
2023 · 27.4%
ROA
18.2%▲
2023 · 15.7%
Interest coverage
110.56▼
2023 · 169.19
Debt
€46k▼
2023 · €83k
Debt ≤ 1 year
€42k▼
2023 · €83k
Income taxes
€14k▲
2023 · €12k
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€194k€192k▼
Fixed assets21/28€13k€11k▼
Tangible fixed assets22/27€13k€11k▼
Furniture and vehicles24€12k€11k▼
Assets under construction and advance payments27€921-
Financial fixed assets28€60€60=
Current assets29/58€181k€182k▲
Amounts receivable within one year40/41€28k€68k▲
Trade receivables40€28k€68k▲
Current investments50/53€103k€78k▼
Cash at bank and in hand54/58€50k€33k▼
Deferred charges and accrued income490/1€925€2k▲
Equity and liabilities
Total equity and liabilities10/49€194k€192k▼
Equity10/15€111k€146k▲
Contributions10/11€6k€17k▲
Reserves13€36k€26k▼
Non-distributable reserves130/1€10k-
Reserves not available under the articles1311€10k-
Tax-exempt reserves132€26k€26k=
Profit (loss) carried forward14€69k€104k▲
Amounts payable17/49€83k€46k▼
Amounts payable within one year42/48€83k€42k▼
Trade debts44€19k€6k▼
Suppliers440/4€19k€6k▼
Taxes, remuneration and social security45€27k€31k▲
Taxes450/3€27k€31k▲
Other amounts payable47/48€37k€4k▼
Accrued charges and deferred income492/3-€4k
Income statement
Code20232024
Non-recurring operating income76A-€5k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€5k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€3k€3k▲
Gross operating margin9900€50k€61k▲
Operating profit (loss)9901€43k€49k▲
Financial income75/76B€375€575▲
Recurring financial income75€375€575▲
Non-recurring financial income76B€375€575▲
Financial charges65/66B€278€486▲
Recurring financial charges65€278€486▲
Profit (loss) for the period before taxes9903€43k€49k▲
Income taxes67/77€12k€14k▲
Profit (loss) for the period9904€31k€35k▲
Profit (loss) for the period to be appropriated9905€31k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€139k€104k▼
Profit (loss) brought forward from the previous period14P€109k€69k▼
Profit to be distributed694/7€70k-
Return on contributions (dividend)694€70k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €35k ▲14.7%
Operating result €49k, net result €35k, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €21k
Net result €21k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €216k ▲10.5%
Equity rises from €196k to €216k.
05-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 66 days late
2020
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
21-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 52 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 4.30
Current ratio from 1.58 to 4.30; short-term debt falls from €180k to €34k.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
06-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 37 days late
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 63 days late
2016
07-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 38 days late
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, Grimbergen · 1 establishment unit since 1993
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.
Kruisstraat 471851 GrimbergenGround area
2,842 m²
Building footprint
322 m²
Volume, LiDAR
1,619 m³
2 parcels, Flanders · tallest building 12.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Torenhoflaan 33, 3110 Rotselaar
since 19932.062.575.237
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24094B0645/00C004 | Flanders | 1,449 m² | 1 · 137 m² | 7.4 m · 2 fl. |
| 23036C0157/00B002 | Flanders | 1,393 m² | 1 · 185 m² | 12.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
OKEEDAN
BE 0479.184.651
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eL-Be
BE 0628.811.705
Lommel · Eq €145k
MAIDO
BE 0459.348.448
Sint-Gillis (bij-Brussel) · Eq €148k
el campesino
BE 0544.635.501
Bierbeek · Eq €148k
Glossy.tv
BE 0891.253.222
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Of 3,379 companies in sector 90393 we hold annual accounts for 930. 740 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-05-1993
Fiscal year end31-12
Activities, NACEBEL
90393Specialised image, lighting and sound technical services
92313
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.