D N D
ActiveD N D has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €210k and a net result of €-9k. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 15% of 27451 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▲+5
Solvency36▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.98 against 0.59 in 2024; short-term debt: 8% and cash: 2.6% of total assets), and 89.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 27451 sector peers (2025).
NBB · sector comparisonPosition among 27451 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
64 d late
2023
31 d late
2022
91 d early
2021
9 d late
2020
31 d late
2019
122 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€210k▲ 9.9%
2024 · €191k
2018: €85k
2019: €172k
2020: €374k
2021: €814k
2022: €1.16M
2023: €205k
2024: €191k
2018 → 2025
Total assets
€1.94M▼ 3.7%
2024 · €2.01M
2018: €830k
2019: €905k
2020: €1.51M
2021: €2.62M
2022: €2.93M
2023: €2.27M
2024: €2.01M
2018 → 2025
Net result
€-9k▲ 39.5%
2024 · €-14k
2018: €8k
2019: €87k
2020: €202k
2021: €440k
2022: €351k
2023: €145k
2024: €-14k
2018 → 2025
Working capital
€-4k▲ 95.6%
2024 · €-84k
2018: €-37k
2019: €-83k
2020: €11k
2021: €401k
2022: €631k
2023: €-129k
2024: €-84k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€814k-€1.16M▲ 43.1%€205k▼ 82.4%€191k▼ 6.9%€210k▲ 9.9%
Operating result€570k-€472k▼ 17.2%€250k▼ 47.1%€34k▼ 86.5%€47k▲ 38.8%
Net result€440k-€351k▼ 20.4%€145k▼ 58.6%€-14k€-9k▲ 39.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 39% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.90M
Fixed assets
€1.75M▼ 5.0%
Current assets
€151k▲ 23.7%
Equity and liabilities €1.94M
Equity
€210k▲ 9.9%
Debt
€1.73M▼ 5.2%
The debt ratio falls from 90.5% to 89.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€157k▲
2024 · €154k
Cash flow
€102k▼
2024 · €106k
Solvency
10.8%▲
2024 · 9.5%
Current ratio
0.98▲
2024 · 0.59
Quick ratio
0.75▲
2024 · 0.59
Debt / equity
8.24▼
2024 · 9.55
ROE
-4.1%▲
2024 · -7.4%
ROA
-0.4%▲
2024 · -0.7%
Interest coverage
3.45▲
2024 · 2.89
Debt
€1.73M▼
2024 · €1.82M
Debt ≤ 1 year
€154k▼
2024 · €206k
Debt > 1 year
€1.56M▼
2024 · €1.60M
Income taxes
€10k▲
2024 · €-5k
Staff costs
€104▼
2024 · €697
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.01M€1.94M▼
Formation expenses20€47k€35k▼
Fixed assets21/28€1.84M€1.75M▼
Tangible fixed assets22/27€1.84M€1.75M▼
Land and buildings22€1.84M€1.75M▼
Plant, machinery and equipment23€7k€5k▼
Financial fixed assets28€1k€1k=
Current assets29/58€122k€151k▲
Stocks and contracts in progress3-€35k
Stocks30/36-€35k
Amounts receivable within one year40/41€84k€66k▼
Trade receivables40€16k€31k▲
Other amounts receivable41€68k€35k▼
Cash at bank and in hand54/58€38k€50k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€2.01M€1.94M▼
Equity10/15€191k€210k▲
Contributions10/11€3k€3k=
Reserves13€6k€6k=
Non-distributable reserves130/1€270€270=
Reserves not available under the articles1311€270€270=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€182k€200k▲
Amounts payable17/49€1.82M€1.73M▼
Amounts payable after more than one year17€1.60M€1.56M▼
Financial debts170/4€1.60M€1.56M▼
Amounts payable within one year42/48€206k€154k▼
Current portion of amounts payable after more than one year42€90k€130k▲
Financial debts43€32k€0▼
Credit institutions430/8€32k€0▼
Trade debts44€4k€20k▲
Suppliers440/4€4k€20k▲
Taxes, remuneration and social security45€9k€5k▼
Taxes450/3€9k€5k▼
Other amounts payable47/48€72k€0▼
Accrued charges and deferred income492/3€13k€13k=
Income statement
Code20242025
Remuneration, social security and pensions62€697€104▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€120k€110k▼
Other operating charges640/8€14k€11k▼
Gross operating margin9900€168k€168k▲
Operating profit (loss)9901€34k€47k▲
Financial income75/76B€315€510▲
Recurring financial income75€315€510▲
Financial charges65/66B€53k€46k▼
Recurring financial charges65€53k€46k▼
Profit (loss) for the period before taxes9903€-19k€2k▲
Transfer from deferred taxes780€0-
Income taxes67/77€-5k€10k▲
Profit (loss) for the period9904€-14k€-9k▲
Profit (loss) for the period to be appropriated9905€-14k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€182k€200k▲
Profit (loss) brought forward from the previous period14P€196k€209k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Equity above €200kEq €210k ▲9.9%
Equity rises from €191k to €210k.
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 64 days late
2024
31-12
Financial
Weakest financial yearnet €-14k ▼110%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 31 days late
2023
01-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €1MEq €1.16M ▲43.1%
5 profitable years in a row build equity to €1.16M.
09-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 9 days late
2021
31-12
Financial
Highest result since 2018net €440k ▲118%
Operating result €570k, net result €440k, both a record.
31-12
Financial
Equity above €500kEq €814k ▲118%
4 profitable years in a row build equity to €814k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €200kEq €374k ▲117%
3 profitable years in a row build equity to €374k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial
Equity above €150kEq €172k ▲102%
2 profitable years in a row build equity to €172k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Affligem · 1 establishment unit since 2005
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.
Schaapschuur 41790 AffligemGround area
5,489 m²
Building footprint
324 m²
Volume, LiDAR
78 m³
Parcel 23030B0339/00T002, Flanders · tallest building 2.5 m. Linked by address, not a title deed.
1 establishment unit
D N D
since 20052.147.823.884
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23030B0339/00T002 | Flanders | 5,488 m² | 1 · 324 m² | 2.5 m |
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 3 entries · 5,880 EUR awarded · 5,880 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,380 EUR | 1,380 EUR |
| 2022 | 2 | 4,500 EUR | 4,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies voor internationaal ondernemen
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,324. 8,196 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-06-2005
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
43240Other construction installation
43299Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.