Conative
ActiveConative has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8k and a net result of €49k. Equity is shrinking by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 12% of 20786 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency34▼-7
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.16 in 2023; short-term debt: 90.1% and cash: 73.6% of total assets), and 90.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
9.5%
Return on assets
58.5%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 20786 sector peers (2024).
NBB · sector comparisonPosition among 20786 sector peers
Solvency
better than 12%
← 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 18-08-2025, 18 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
18 d late
2023
71 d late
2022
31 d late
2021
29 d late
2020
4 d early
2019
13 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€8k▼ 41.6%
2023 · €13k
2018: €19k
2019: €20k
2020: €8k
2021: €10k
2022: €2k
2023: €13k
2018 → 2024
Total assets
€83k▲ 1.4%
2023 · €82k
2018: €40k
2019: €32k
2020: €36k
2021: €79k
2022: €53k
2023: €82k
2018 → 2024
Net result
€49k▼ 6.1%
2023 · €52k
2018: €-11k
2019: €896
2020: €9k
2021: €2k
2022: €-8k
2023: €52k
2018 → 2024
Working capital
€5k▼ 51.1%
2023 · €11k
2018: €3k
2019: €19k
2020: €4k
2021: €-617
2022: €-6k
2023: €11k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€8k-€10k▲ 32.9%€2k▼ 80.3%€13k▲ 584%€8k▼ 41.6%
Operating result€15k-€5k▼ 63.5%€-7k€65k€67k▲ 2.3%
Net result€9k-€2k▼ 73.0%€-8k€52k€49k▼ 6.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 2% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €83k
Fixed assets
€3k▲ 14.0%
Current assets
€80k▲ 1.0%
Equity and liabilities €83k
Equity
€8k▼ 41.6%
Debt
€75k▲ 9.8%
The debt ratio rises from 83.6% to 90.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€68k▲
2023 · €67k
Cash flow
€49k▼
2023 · €53k
Solvency
9.5%▼
2023 · 16.4%
Current ratio
1.07▼
2023 · 1.16
Quick ratio
1.07▼
2023 · 1.14
Debt / equity
9.58▲
2023 · 5.10
ROE
618.4%▲
2023 · 384.8%
ROA
58.5%▼
2023 · 63.1%
Interest coverage
12.25▼
2023 · 35.11
Debt
€75k▲
2023 · €68k
Debt ≤ 1 year
€75k▲
2023 · €68k
Income taxes
€13k▲
2023 · €12k
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€82k€83k▲
Fixed assets21/28€3k€3k▲
Tangible fixed assets22/27€3k€3k▲
Furniture and vehicles24€3k€3k▲
Current assets29/58€79k€80k▲
Stocks and contracts in progress3€1k-
Stocks30/36€1k-
Amounts receivable within one year40/41€34k€19k▼
Trade receivables40€28k€14k▼
Other amounts receivable41€6k€5k▼
Cash at bank and in hand54/58€44k€61k▲
Equity and liabilities
Total equity and liabilities10/49€82k€83k▲
Equity10/15€13k€8k▼
Contributions10/11€8k€8k=
Profit (loss) carried forward14€6k€353▼
Amounts payable17/49€68k€75k▲
Amounts payable within one year42/48€68k€75k▲
Financial debts43€10k€16k▲
Other loans439€10k€16k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48€53k€55k▲
Accrued charges and deferred income492/3-€387
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€845▼
Other operating charges640/8€557€627▲
Gross operating margin9900€68k€68k▲
Operating profit (loss)9901€65k€67k▲
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€2k€6k▲
Recurring financial charges65€2k€6k▲
Profit (loss) for the period before taxes9903€64k€61k▼
Income taxes67/77€12k€13k▲
Profit (loss) for the period9904€52k€49k▼
Profit (loss) for the period to be appropriated9905€52k€49k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€55k▲
Profit (loss) brought forward from the previous period14P€-6k€6k▲
Profit to be distributed694/7€40k€54k▲
Return on contributions (dividend)694€40k€54k▲
Directors or managers695€250€150▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
31-12
Financial
Back to profitnet €52k
Net result €52k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
31-12
Financial
Back to profitnet €896
Net result €896 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.63
Current ratio from 1.14 to 2.63; short-term debt falls from €21k to €12k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Aartselaar · 1 establishment unit since 2016
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.
Acacialaan 152630 AartselaarGround area
422 m²
Building footprint
87 m²
Volume, LiDAR
490 m³
Parcel 11372D0236/00V000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Conative
since 20162.251.690.296
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11372D0236/00V000 | Flanders | 422 m² | 1 · 87 m² | 7.8 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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UgodMe Consulting
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Of 29,997 companies in sector 62200 we hold annual accounts for 18,386. 8,284 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-03-2016
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
73110Advertising agencies
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.