BREATHING
ActiveBREATHING has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €155k and a net result of €4k. Equity is growing by ~26.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 706 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
86
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability12▼-4
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 40.66), and 2.3% 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+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
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 17-07-2025, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
40 d early
2022
11 d late
2021
20 d early
2020
13 d late
2019
66 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€155k▲ 2.5%
2023 · €152k
2018: €47k
2019: €52k
2020: €51k
2021: €69k
2022: €147k
2023: €152k
2018 → 2024
Total assets
€159k▲ 4.3%
2023 · €152k
2018: €80k
2019: €72k
2020: €87k
2021: €93k
2022: €219k
2023: €152k
2018 → 2024
Net result
€4k▼ 23.6%
2023 · €5k
2018: €596
2019: €5k
2020: €-1k
2021: €18k
2022: €101k
2023: €5k
2018 → 2024
Working capital
€146k▲ 4.0%
2023 · €140k
2018: €33k
2019: €42k
2020: €43k
2021: €64k
2022: €133k
2023: €140k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€51k-€69k▲ 35.1%€147k▲ 114%€152k▲ 3.4%€155k▲ 2.5%
Operating result€-879-€22k€133k▲ 507%€7k▼ 94.6%€5k▼ 24.4%
Net result€-1k-€18k€101k▲ 468%€5k▼ 95.1%€4k▼ 23.6%
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; 2024 is 24% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €159k
Fixed assets
€10k▼ 16.6%
Current assets
€149k▲ 6.0%
Equity and liabilities €159k
Equity
€155k▲ 2.5%
Debt
€4k▲ 325%
The debt ratio rises from 0.6% to 2.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€7k▼
2023 · €9k
Cash flow
€6k▼
2023 · €7k
Solvency
97.7%▼
2023 · 99.4%
Current ratio
40.66
Quick ratio
15.30▼
2023 · 39.78
Debt / equity
0.02▲
2023 · 0.01
ROE
2.4%▼
2023 · 3.2%
ROA
2.4%▼
2023 · 3.2%
Interest coverage
16.13▼
2023 · 16.49
Debt
€4k▲
2023 · €864
Debt ≤ 1 year
€4k▲
2023 · €864
Income taxes
€1k▼
2023 · €2k
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€152k€159k▲
Fixed assets21/28€12k€10k▼
Tangible fixed assets22/27€12k€10k▼
Plant, machinery and equipment23€12k€10k▼
Current assets29/58€141k€149k▲
Stocks and contracts in progress3€107k€93k▼
Stocks30/36€107k€93k▼
Amounts receivable within one year40/41€10k€13k▲
Trade receivables40€2k€2k▲
Other amounts receivable41€9k€11k▲
Cash at bank and in hand54/58€23k€43k▲
Deferred charges and accrued income490/1€1k€430▼
Equity and liabilities
Total equity and liabilities10/49€152k€159k▲
Equity10/15€152k€155k▲
Contributions10/11€20k€20k=
Reserves13€101k€105k▲
Distributable reserves133€101k€105k▲
Profit (loss) carried forward14€30k€30k=
Amounts payable17/49€864€4k▲
Amounts payable within one year42/48€864€4k▲
Trade debts44€864€1k▲
Suppliers440/4€864€1k▲
Taxes, remuneration and social security45-€2k
Taxes450/3-€376
Remuneration and social security454/9-€2k
Income statement
Code20232024
Non-recurring operating income76A€6k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€704€657▼
Gross operating margin9900€10k€8k▼
Operating profit (loss)9901€7k€5k▼
Financial income75/76B€152€71▼
Recurring financial income75€152€71▼
Financial charges65/66B€555€455▼
Recurring financial charges65€555€455▼
Profit (loss) for the period before taxes9903€7k€5k▼
Income taxes67/77€2k€1k▼
Profit (loss) for the period9904€5k€4k▼
Profit (loss) for the period to be appropriated9905€5k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€30k€34k▲
Profit (loss) brought forward from the previous period14P€25k€30k▲
Transfer to equity691/2-€4k
To other reserves6921-€4k
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
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 58current ratio 163.05
Current ratio from 2.83 to 163.05; short-term debt falls from €73k to €864.
31-12
Financial
Equity above €150kEq €152k ▲3.4%
3 profitable years in a row build equity to €152k.
11-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 11 days late
2022
31-12
Financial
Highest result since 2018net €101k ▲468%
Operating result €133k, net result €101k, both a record.
31-12
Financial
Equity above €100kEq €147k ▲114%
2 profitable years in a row build equity to €147k.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Weakest financial yearnet €-1k ▼124%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
17-06
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
1 director, no change since 2024
RUYMEN Kurt
CurrentDirector · since 31-01-2024
31-01-2024
Appointed as Director
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 2004
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.
Guvelingen 613800 Sint-TruidenGround area
887 m²
Building footprint
146 m²
Volume, LiDAR
727 m³
Parcel 71053G0229/00W005, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BREATHING
since 20042.135.993.547
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71053G0229/00W005 | Flanders | 887 m² | 1 · 146 m² | 7.7 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
Gabriël Devos-Claus
BE 0405.558.483
Ingelmunster · Eq €155k
DEZWARTE INTERIEUR
BE 0466.680.262
Diksmuide · Eq €155k
KOVA SINT-TRUIDEN
BE 0433.595.047
Sint-Truiden · Eq €155k
MENUISERIE MICHEL
BE 0473.359.802
Visé · Eq €154k
FIBRECOM
BE 0468.158.226
Elsene · Eq €157k
Of 1,594 companies in sector 16230 we hold annual accounts for 777. 625 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-01-2004
Fiscal year end31-12
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
55301
43320Joinery installation
47120Other non-specialised retail sale
47910Retail trade
56101Full-service restaurants
56111Full-service restaurants
95220Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.