B-FAK
ActiveB-FAK has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €87k and a net result of €37k. Equity is growing by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 72% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
100
/ 100
Excellent▲ +10 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 4.16 against 3.28 in 2023), and 23% 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 69
Relative position
BE, all sectors
reference
Sector 69
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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-06-2025, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
34 d early
2022
152 d early
2021
31 d early
2019
156 d early
2018
128 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€87k▲ 73.5%
2023 · €50k
2018: €25k
2019: €43k
2021: €85k
2022: €121k
2023: €50k
2018 → 2024
Total assets
€113k▲ 63.4%
2023 · €69k
2018: €43k
2019: €53k
2021: €104k
2022: €143k
2023: €69k
2018 → 2024
Net result
€37k▲ 10.3%
2023 · €33k
2018: €19k
2019: €19k
2021: €21k
2022: €36k
2023: €33k
2018 → 2024
Working capital
€82k▲ 89.5%
2023 · €43k
2018: €11k
2019: €33k
2021: €80k
2022: €112k
2023: €43k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192021202220232024Trend
Equity€43k-€85k▲ 95.5%€121k▲ 42.2%€50k▼ 58.5%€87k▲ 73.5%
Operating result€26k-€29k▲ 10.7%€48k▲ 68.4%€47k▼ 2.8%€51k▲ 9.4%
Net result€19k-€21k▲ 12.2%€36k▲ 68.2%€33k▼ 6.7%€37k▲ 10.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 9% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €113k
Fixed assets
€5k▼ 28.2%
Current assets
€108k▲ 73.4%
Equity and liabilities €113k
Equity
€87k▲ 73.5%
Debt
€26k▲ 36.7%
The debt ratio falls from 27.5% to 23.0%: equity grows faster than debt.
Key figures and ratios
EBITDA
€54k▲
2023 · €50k
Cash flow
€40k▲
2023 · €36k
Solvency
77.0%▲
2023 · 72.5%
Current ratio
4.16▲
2023 · 3.28
Quick ratio
4.16▲
2023 · 3.28
Debt / equity
0.30▼
2023 · 0.38
ROE
42.4%▼
2023 · 66.7%
ROA
32.6%▼
2023 · 48.3%
Interest coverage
458.02▼
2023 · 459.61
Debt
€26k▲
2023 · €19k
Debt ≤ 1 year
€26k▲
2023 · €19k
Income taxes
€15k▲
2023 · €14k
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€69k€113k▲
Fixed assets21/28€7k€5k▼
Tangible fixed assets22/27€7k€5k▼
Plant, machinery and equipment23€7k€5k▼
Current assets29/58€62k€108k▲
Amounts receivable within one year40/41€5k€3k▼
Trade receivables40€5k€3k▼
Other amounts receivable41€240-
Current investments50/53-€50k
Cash at bank and in hand54/58€44k€45k▲
Deferred charges and accrued income490/1€13k€10k▼
Equity and liabilities
Total equity and liabilities10/49€69k€113k▲
Equity10/15€50k€87k▲
Contributions10/11€1k€1k=
Reserves13€49k€86k▲
Distributable reserves133€49k€86k▲
Amounts payable17/49€19k€26k▲
Amounts payable within one year42/48€19k€26k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Advances received on contracts in progress46-€487
Taxes, remuneration and social security45€14k€20k▲
Taxes450/3€11k€15k▲
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€3k€4k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€767€736▼
Gross operating margin9900€50k€55k▲
Operating profit (loss)9901€47k€51k▲
Financial income75/76B€2€678▲
Recurring financial income75€2€678▲
Financial charges65/66B€108€118▲
Recurring financial charges65€108€118▲
Profit (loss) for the period before taxes9903€47k€52k▲
Income taxes67/77€14k€15k▲
Profit (loss) for the period9904€33k€37k▲
Profit (loss) for the period to be appropriated9905€33k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€37k▲
Transfer to equity691/2€33k€37k▲
To other reserves6921€33k€37k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €37k ▲10.3%
Operating result €51k, net result €37k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €121k ▲42.2%
4 profitable years in a row build equity to €121k.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €19k ▼0.5%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 4.59
Current ratio from 1.63 to 4.59; short-term debt falls from €18k to €9k.
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-04
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
21-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
17-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Lokeren · 1 establishment unit since 2015
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.
Statiestraat 399180 LokerenGround area
512 m²
Building footprint
189 m²
Volume, LiDAR
938 m³
Parcel 44045H0687/00A003, Flanders · tallest building 11.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
B-FAK
since 20152.247.231.068
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44045H0687/00A003 | Flanders | 512 m² | 1 · 189 m² | 11.0 m · 1 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.
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SOFIE MATTHYS
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Of 12,122 companies in sector 69201 we hold annual accounts for 7,601. 6,393 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2011
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 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.