AT SEA
ActiveAT SEA has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173k and a net result of €36k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 79% of 13306 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
82
/ 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
Profitability86▲+18
Solvency90▼-4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.47 against 2.63 in 2024; short-term debt: 24.9% and cash: 49.9% of total assets), and 34.8% 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+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
65.2%
Return on assets
13.4%
Age of the figures
15 mo
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 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
28 d early
2023
36 d early
2022
1 d early
2021
33 d early
2020
39 d early
2019
53 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€173k▲ 24.4%
2024 · €139k
2019: €43k
2020: €64k
2021: €140k
2022: €198k
2023: €173k
2024: €139k
2019 → 2025
Total assets
€266k▲ 31.4%
2024 · €202k
2019: €112k
2020: €126k
2021: €195k
2022: €280k
2023: €242k
2024: €202k
2019 → 2025
Net result
€36k
2024 · €-988
2019: €4k
2020: €21k
2021: €76k
2022: €59k
2023: €-25k
2024: €-988
2019 → 2025
Working capital
€97k▲ 19.2%
2024 · €82k
2019: €5k
2020: €10k
2021: €81k
2022: €111k
2023: €100k
2024: €82k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€140k-€198k▲ 42.0%€173k▼ 12.8%€139k▼ 19.4%€173k▲ 24.4%
Operating result€111k-€82k▼ 26.2%€-21k€421€46k▲ 10,915%
Net result€76k-€59k▼ 22.7%€-25k€-988▲ 96.1%€36k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 10,915% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €266k
Fixed assets
€102k▲ 44.9%
Current assets
€164k▲ 24.2%
Equity and liabilities €266k
Equity
€173k▲ 24.4%
Debt
€93k▲ 46.8%
The debt ratio rises from 31.1% to 34.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€73k▲
2024 · €32k
Cash flow
€62k▲
2024 · €31k
Solvency
65.2%▼
2024 · 68.9%
Current ratio
2.47▼
2024 · 2.63
Quick ratio
2.11▼
2024 · 2.18
Debt / equity
0.53▲
2024 · 0.45
ROE
20.6%▲
2024 · -0.7%
ROA
13.4%▲
2024 · -0.5%
Interest coverage
33.06▲
2024 · 17.40
Debt
€93k▲
2024 · €63k
Debt ≤ 1 year
€66k▲
2024 · €50k
Debt > 1 year
€24k▲
2024 · €11k
Income taxes
€9k▲
2024 · €520
Staff costs
€34k▲
2024 · €31k
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€202k€266k▲
Fixed assets21/28€71k€102k▲
Tangible fixed assets22/27€59k€90k▲
Land and buildings22€17k€14k▼
Plant, machinery and equipment23€18k€12k▼
Furniture and vehicles24€24k€65k▲
Financial fixed assets28€12k€12k=
Current assets29/58€132k€164k▲
Stocks and contracts in progress3€22k€24k▲
Stocks30/36€22k€24k▲
Amounts receivable within one year40/41€9k€1k▼
Trade receivables40€9k€1k▼
Other amounts receivable41€93€50▼
Cash at bank and in hand54/58€99k€133k▲
Deferred charges and accrued income490/1€2k€6k▲
Equity and liabilities
Total equity and liabilities10/49€202k€266k▲
Equity10/15€139k€173k▲
Contributions10/11€19k€19k=
Reserves13€147k€155k▲
Distributable reserves133€147k€155k▲
Profit (loss) carried forward14€-26k€0▲
Amounts payable17/49€63k€93k▲
Amounts payable after more than one year17€11k€24k▲
Financial debts170/4€11k€24k▲
Amounts payable within one year42/48€50k€66k▲
Current portion of amounts payable after more than one year42€10k€18k▲
Trade debts44€13k€13k▼
Suppliers440/4€13k€13k▼
Taxes, remuneration and social security45€18k€24k▲
Taxes450/3€12k€16k▲
Remuneration and social security454/9€7k€8k▲
Other amounts payable47/48€9k€11k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Non-recurring operating income76A-€12k
Remuneration, social security and pensions62€31k€34k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€27k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€66k€109k▲
Operating profit (loss)9901€421€46k▲
Financial income75/76B€965€186▼
Recurring financial income75€965€186▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-468€44k▲
Income taxes67/77€520€9k▲
Profit (loss) for the period9904€-988€36k▲
Profit (loss) for the period to be appropriated9905€-988€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-26k€9k▲
Profit (loss) brought forward from the previous period14P€-25k€-26k▼
Transfer from equity791/2-€116
Transfer to equity691/2-€8k
To other reserves6921-€8k
Profit to be distributed694/7-€2k
Return on contributions (dividend)694-€2k
The notes to these accounts (13 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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €36k
Net result €36k after 2 loss-making years.
30-06
Financial
Equity above €150kEq €173k ▲24.4%
Equity rises from €139k to €173k.
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
26-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €-25k ▼143%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €150kEq €198k ▲42%
4 profitable years in a row build equity to €198k.
2021
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Highest result since 2019net €76k ▲263%
Operating result €111k, net result €76k, both a record.
30-06
Financial
Liquidity doublescurrent ratio 2.92
Current ratio from 1.25 to 2.92.
30-06
Financial
Equity above €100kEq €140k ▲119%
3 profitable years in a row build equity to €140k.
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 days late
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
12-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Knokke-Heist · 1 establishment unit since 2014
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.
Zeedijk-Heist 1948301 Knokke-HeistGround area
254 m²
Building footprint
295 m²
Volume, LiDAR
5,699 m³
Parcel 31008I0055/00_000, Flanders · tallest building 29.7 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Zeedijk-Heist 194, 8301 Knokke-Heist
since 20142.231.220.922
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31008I0055/00_000 | Flanders | 254 m² | 1 · 295 m² | 29.7 m · 7 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
Food safety, FASFC
1 siteKnokke-Heist2.231.220.922
Dual-learning approval
5 endedSimilar companies · same sector, comparable size
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LITRI
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Restocheck
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WATERLOOS
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 8,834 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-2014
Fiscal year end30-06
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 11 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.