Bivolt
ActiveBivolt has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €31k and a net result of €-11k. Equity is growing by ~62.8% per year across the filed fiscal years. Its solvency ranks better than 13% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability15▼-85
Solvency34▼-45
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.05 against 1.99 in 2023; short-term debt: 91.1% and cash: 19.4% of total assets), and 91.1% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
8.9%
Return on assets
-3.2%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 11615 sector peers (2024).
NBB · sector comparisonPosition among 11615 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
194 d late
2022
98 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€31k▼ 26.4%
2023 · €42k
2022: €-8k
2023: €42k
2022 → 2024
Total assets
€349k▲ 350%
2023 · €78k
2022: €74k
2023: €78k
2022 → 2024
Net result
€-11k
2023 · €50k
2022: €-10k
2023: €50k
2022 → 2024
Working capital
€16k▼ 54.4%
2023 · €35k
2022: €-15k
2023: €35k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€-8k-€42k€31k▼ 26.4%
Operating result€-10k-€61k€-11k
Net result€-10k-€50k€-11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €11k after €61k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €349k
Fixed assets
€15k▲ 114%
Current assets
€334k▲ 373%
Equity and liabilities €349k
Equity
€31k▼ 26.4%
Debt
€318k▲ 797%
The debt ratio rises from 45.8% to 91.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-8k▼
2023 · €63k
Cash flow
€-9k▼
2023 · €52k
Solvency
8.9%▼
2023 · 54.2%
Current ratio
1.05▼
2023 · 1.99
Quick ratio
1.05▼
2023 · 1.99
Debt / equity
10.28▲
2023 · 0.84
ROE
-35.9%▼
2023 · 118.8%
ROA
-3.2%▼
2023 · 64.5%
Interest coverage
-15.08▼
2023 · 120.65
Debt
€318k▲
2023 · €35k
Debt ≤ 1 year
€318k▲
2023 · €35k
Staff costs
€28k▲
2023 · €16k
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€78k€349k▲
Fixed assets21/28€7k€15k▲
Tangible fixed assets22/27€7k€15k▲
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24-€10k
Financial fixed assets28-€35
Current assets29/58€71k€334k▲
Amounts receivable within one year40/41€26k€259k▲
Trade receivables40€13k€254k▲
Other amounts receivable41€12k€4k▼
Cash at bank and in hand54/58€43k€68k▲
Deferred charges and accrued income490/1€2k€8k▲
Equity and liabilities
Total equity and liabilities10/49€78k€349k▲
Equity10/15€42k€31k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€40k€29k▼
Amounts payable17/49€35k€318k▲
Amounts payable within one year42/48€35k€318k▲
Trade debts44-€285k
Suppliers440/4-€285k
Taxes, remuneration and social security45€28k€29k▲
Taxes450/3€21k€19k▼
Remuneration and social security454/9€7k€9k▲
Other amounts payable47/48€8k€4k▼
Income statement
Code20232024
Remuneration, social security and pensions62€16k€28k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€111€1k▲
Gross operating margin9900€80k€20k▼
Operating profit (loss)9901€61k€-11k▼
Financial charges65/66B€524€562▲
Recurring financial charges65€524€562▲
Profit (loss) for the period before taxes9903€61k€-11k▼
Income taxes67/77€11k-
Profit (loss) for the period9904€50k€-11k▼
Profit (loss) for the period to be appropriated9905€50k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€29k▼
Profit (loss) brought forward from the previous period14P€-10k€40k▲
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
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
10-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 194 days late
2024
31-12
Financial
Weakest financial yearnet €-11k ▼122%
Net result drops to €-11k, the lowest in the series.
2023
31-12
Financial
Back to profitnet €50k
Net result €50k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.99
Current ratio from 0.82 to 1.99; short-term debt falls from €82k to €35k.
06-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 98 days late
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, Asse · 1 establishment unit since 2021
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.
Heuvelstraat 781730 AsseGround area
637 m²
Building footprint
137 m²
Volume, LiDAR
766 m³
Parcel 23002K0285/00P000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Heuvelstraat 78, 1730 Asse
since 20212.319.977.506
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23002K0285/00P000 | Flanders | 637 m² | 1 · 137 m² | 9.6 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.
Similar companies · same sector, comparable size
INDABOX
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BE 0797.749.675
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LVVo
BE 0780.411.421
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JH ARCHITECTES
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Of 18,256 companies in sector 71111 we hold annual accounts for 6,321. 4,946 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-06-2021
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43995Specialised construction activities
71111Activities of building architects
41001General construction of residential buildings
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.