C CHEESE
ActiveC CHEESE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1k and a net result of €-4k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 6006 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency15▼-9
Growth85=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.03 against 1.13 in 2023), and 95.7% 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.
+raises risk○neutral
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
4.3%
Return on assets
-10.6%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 6006 sector peers (2024).
NBB · sector comparisonPosition among 6006 sector peers
Solvency
better than 10%
← 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 29-08-2025, 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
26 d late
2022
31 d late
2021
121 d late
2020
29 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€26k▲ 103%
2020 · €13k
2020: €13k
2020 → 2021
EBIT margin
14.4%▼ 7.1pp
2020 · 21.5%
2020: 21.5%
2020 → 2021
Net result
€-4k
2023 · €16k
2018: €-9k
2019: €-15k
2020: €427
2021: €3k
2022: €2k
2023: €16k
2018 → 2024
Working capital
€872▼ 76.7%
2023 · €4k
2018: €-6k
2019: €-21k
2020: €-21k
2021: €-16k
2022: €-13k
2023: €4k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€13k-€26k▲ 103%
Equity€-16k-€-13k▲ 16.0%€-11k▲ 15.0%€5k€1k▼ 71.3%
Operating result€3k-€4k▲ 36.0%€4k▲ 0.2%€17k▲ 359%€-3k
Net result€427-€3k▲ 494%€2k▼ 21.0%€16k▲ 710%€-4k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €3k after €17k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33k
Fixed assets
€536▼ 54.1%
Current assets
€32k▼ 0.5%
Equity and liabilities €33k
Equity
€1k▼ 71.3%
Debt
€32k▲ 9.4%
The debt ratio rises from 85.5% to 95.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-2k▼
2023 · €18k
Cash flow
€-3k▼
2023 · €17k
Solvency
4.3%▼
2023 · 14.5%
Current ratio
1.03▼
2023 · 1.13
Quick ratio
1.03▼
2023 · 1.13
Debt / equity
22.44▲
2023 · 5.88
ROE
-248.8%▼
2023 · 330.3%
ROA
-10.6%▼
2023 · 48.0%
Interest coverage
-32.78▼
2023 · 47.64
Debt
€32k▲
2023 · €29k
Debt ≤ 1 year
€32k▲
2023 · €29k
Income taxes
€404▲
2023 · €332
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€34k€33k▼
Fixed assets21/28€1k€536▼
Tangible fixed assets22/27€1k€536▼
Furniture and vehicles24€1k€536▼
Current assets29/58€33k€32k▼
Amounts receivable within one year40/41€31k€31k=
Trade receivables40€31k€31k=
Cash at bank and in hand54/58€484€331▼
Deferred charges and accrued income490/1€779€779=
Equity and liabilities
Total equity and liabilities10/49€34k€33k▼
Equity10/15€5k€1k▼
Contributions10/11€15k€15k=
Profit (loss) carried forward14€-10k€-14k▼
Amounts payable17/49€29k€32k▲
Amounts payable within one year42/48€29k€32k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€5k€7k▲
Suppliers440/4€5k€7k▲
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Other amounts payable47/48€20k€20k▼
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€631€631=
Other operating charges640/8€2k-
Gross operating margin9900€19k€-2k▼
Operating profit (loss)9901€17k€-3k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€369€73▼
Recurring financial charges65€369€73▼
Profit (loss) for the period before taxes9903€17k€-3k▼
Income taxes67/77€332€404▲
Profit (loss) for the period9904€16k€-4k▼
Profit (loss) for the period to be appropriated9905€16k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-14k▼
Profit (loss) brought forward from the previous period14P€-26k€-10k▲
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
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
2023
31-12
Financial
Highest result since 2018net €16k ▲710%
Operating result €17k, net result €16k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 121 days late
2021
29-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
31-12
Financial
Back to profitnet €427
Net result €427 after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
30-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 243 days late
2019
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 21 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, Oupeye · 1 establishment unit since 2017
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.
Rue de Slins 324682 OupeyeGround area
898 m²
Building footprint
110 m²
Volume, LiDAR
584 m³
Parcel 62057B1088/11D000, Wallonia · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
C CHEESE
since 20172.266.779.538
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62057B1088/11D000 | Wallonia | 898 m² | 1 · 110 m² | 7.1 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.
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Of 1,631 companies in sector 46170 we hold annual accounts for 660. 133 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-05-2017
Fiscal year end31-12
Activities, NACEBEL
46170Agents in the wholesale of food, beverages and tobacco
46331Wholesale trade
47271Retail trade
47291Retail trade
70200Business and other management consultancy
70220Business consulting
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.