EFECTIV
ActiveSummary
EFECTIV has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €953 and a net result of €12k. Equity is shrinking by ~17.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 24% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability89▼-11
Solvency26▲+20
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
1.3%
Return on assets
16.2%
Age of the figures
21 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 26043 sector peers (2024).
NBB · sector comparisonPosition among 26043 sector peers
Solvency
better than 24%
← weakest
strongest →
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 23-06-2025, 38 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
21 d early
2022
20 d early
2021
3 d early
2020
1 d early
2019
14 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€953
2023 · €-11k
2018: €7k
2019: €8k▲ +4.8% vs 2018highest in 7 years
2020: €7k▼ -5.8% vs 2019
2021: €-29k▼ -505% vs 2020lowest in 7 years
2022: €-27k▲ +6.6% vs 2021
2023: €-11k▲ +59.2% vs 2022
2024: €953▲ +109% vs 2023
2018 → 2024
Total assets
€73k▲ 25.0%
2023 · €59k
2018: €18klowest in 7 years
2019: €39k▲ +112% vs 2018
2020: €41k▲ +5.3% vs 2019
2021: €33k▼ -18.2% vs 2020
2022: €37k▲ +11.3% vs 2021
2023: €59k▲ +58.7% vs 2022
2024: €73k▲ +25.0% vs 2023highest in 7 years
2018 → 2024
Net result
€12k▼ 25.1%
2023 · €16k
2018: €964
2019: €342▼ -64.5% vs 2018
2020: €-437▼ -228% vs 2019
2021: €-36k▼ -8072% vs 2020lowest in 7 years
2022: €2k▲ +105% vs 2021
2023: €16k▲ +732% vs 2022highest in 7 years
2024: €12k▼ -25.1% vs 2023
2018 → 2024
Working capital
€-5k▲ 60.6%
2023 · €-13k
2018: €6khighest in 7 years
2019: €2k▼ -69.6% vs 2018
2020: €-588▼ -131% vs 2019
2021: €-17k▼ -2780% vs 2020
2022: €-20k▼ -18.6% vs 2021lowest in 7 years
2023: €-13k▲ +36.5% vs 2022
2024: €-5k▲ +60.6% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€7k-€-29k€-27k▲ 6.6%€-11k▲ 59.2%€953
2020: €7khighest in 5 years
2021: €-29k▼ -505% vs 2020lowest in 5 years
2022: €-27k▲ +6.6% vs 2021
2023: €-11k▲ +59.2% vs 2022
2024: €953▲ +109% vs 2023
Operating result€-348-€-36k▼ 10,137%€2k€16k▲ 672%€12k▼ 22.5%
2020: €-348
2021: €-36k▼ -10137% vs 2020lowest in 5 years
2022: €2k▲ +106% vs 2021
2023: €16k▲ +672% vs 2022highest in 5 years
2024: €12k▼ -22.5% vs 2023
Net result€-437-€-36k▼ 8,072%€2k€16k▲ 732%€12k▼ 25.1%
2020: €-437
2021: €-36k▼ -8072% vs 2020lowest in 5 years
2022: €2k▲ +105% vs 2021
2023: €16k▲ +732% vs 2022highest in 5 years
2024: €12k▼ -25.1% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €73k
Fixed assets
€7k ▼ 45.6%
Current assets
€67k ▲ 43.7%
Equity and liabilities €73k
Equity
€953
Debt
€72k
Debt finances 98.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€18k▼
2023 · €22k
Cash flow
€17k▼
2023 · €22k
Current ratio
0.93▲
2023 · 0.78
ROA
16.2%▼
2023 · 27.0%
Interest coverage
33.84▼
2023 · 133.98
Debt ≤ 1 year
€72k▲
2023 · €59k
Debt > 1 year
€695▼
2023 · €10k
Equity ratios withheld: equity of €953 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€59k€73k▲
Fixed assets21/28€12k€7k▼
Tangible fixed assets22/27€12k€7k▼
Plant, machinery and equipment23€12k€7k▼
Furniture and vehicles24€700€0▼
Current assets29/58€46k€67k▲
Amounts receivable within one year40/41€39k€65k▲
Trade receivables40€37k€63k▲
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€7k€2k▼
Equity and liabilities
Total equity and liabilities10/49€59k€73k▲
Equity10/15€-11k€953▲
Contributions10/11€6k€6k=
Reserves13€350€350=
Non-distributable reserves130/1€350€0▼
Reserves not available under the articles1311€350€0▼
Distributable reserves133-€350
Profit (loss) carried forward14€-17k€-6k▲
Amounts payable17/49€70k€72k▲
Amounts payable after more than one year17€10k€695▼
Financial debts170/4€10k€695▼
Amounts payable within one year42/48€59k€72k▲
Current portion of amounts payable after more than one year42€10k€9k▼
Trade debts44€32k€25k▼
Suppliers440/4€32k€25k▼
Advances received on contracts in progress46-€21k
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€7k€5k▼
Remuneration and social security454/9-€350
Other amounts payable47/48€11k€12k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€1k€397▼
Gross operating margin9900€23k€18k▼
Operating profit (loss)9901€16k€12k▼
Financial income75/76B€7€0▼
Recurring financial income75€7€0▼
Financial charges65/66B€162€531▲
Recurring financial charges65€162€531▲
Profit (loss) for the period before taxes9903€16k€12k▼
Profit (loss) for the period9904€16k€12k▼
Profit (loss) for the period to be appropriated9905€16k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-6k▲
Profit (loss) brought forward from the previous period14P€-33k€-17k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €4k | €6k | €6k | ▼ 2.2% |
| Other operating charges640/8 | - | €613 | €675 | €1k | €397 | ▼ 68.8% |
| Gross operating margin9900 | €2k | €-32k | €7k | €23k | €18k | ▼ 20.0% |
| Operating profit (loss)9901 | €-348 | €-36k | €2k | €16k | €12k | ▼ 22.5% |
| Financial income75/76B | - | €0 | €6 | €7 | €0 | ▼ 99.4% |
| Recurring financial income75 | €1 | €0 | €6 | €7 | €0 | ▼ 99.4% |
| Financial charges65/66B | - | €93 | €174 | €162 | €531 | ▲ 228% |
| Recurring financial charges65 | €90 | €93 | €174 | €162 | €531 | ▲ 228% |
| Profit (loss) for the period before taxes9903 | €-437 | €-36k | €2k | €16k | €12k | ▼ 25.1% |
| Profit (loss) for the period9904 | €-437 | €-36k | €2k | €16k | €12k | ▼ 25.1% |
| Profit (loss) for the period to be appropriated9905 | €-437 | €-36k | €2k | €16k | €12k | ▼ 25.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €41k | €33k | €37k | €59k | €73k | ▲ 25.0% |
| Fixed assets21/28 | €8k | €16k | €13k | €12k | €7k | ▼ 45.6% |
| Tangible fixed assets22/27 | €8k | €16k | €13k | €12k | €7k | ▼ 45.6% |
| Plant, machinery and equipment23 | - | €16k | €13k | €12k | €7k | ▼ 42.3% |
| Furniture and vehicles24 | - | - | - | €700 | €0 | ▼ 100% |
| Current assets29/58 | €33k | €17k | €24k | €46k | €67k | ▲ 43.7% |
| Amounts receivable within one year40/41 | €28k | €11k | €21k | €39k | €65k | ▲ 65.1% |
| Trade receivables40 | - | €11k | €21k | €37k | €63k | ▲ 68.5% |
| Other amounts receivable41 | - | €199 | €211 | €2k | €2k | ▲ 0.8% |
| Cash at bank and in hand54/58 | €5k | €6k | €3k | €7k | €2k | ▼ 72.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €41k | €33k | €37k | €59k | €73k | ▲ 25.0% |
| Equity10/15 | €7k | €-29k | €-27k | €-11k | €953 | ▲ 109% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €1k | €350 | €350 | €350 | €350 | = |
| Non-distributable reserves130/1 | - | €350 | €350 | €350 | €0 | ▼ 100% |
| Reserves not available under the articles1311 | - | €350 | €350 | €350 | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | - | €350 | - |
| Profit (loss) carried forward14 | €-437 | €-35k | €-33k | €-17k | €-6k | ▲ 67.9% |
| Amounts payable17/49 | €34k | €62k | €64k | €70k | €72k | ▲ 4.1% |
| Amounts payable after more than one year17 | - | €27k | €19k | €10k | €695 | ▼ 93.3% |
| Financial debts170/4 | - | €27k | €19k | €10k | €695 | ▼ 93.3% |
| Amounts payable within one year42/48 | €34k | €34k | €44k | €59k | €72k | ▲ 21.2% |
| Current portion of amounts payable after more than one year42 | - | €1k | €8k | €10k | €9k | ▼ 5.6% |
| Trade debts44 | €17k | €16k | €23k | €32k | €25k | ▼ 22.1% |
| Suppliers440/4 | - | €16k | €23k | €32k | €25k | ▼ 22.1% |
| Advances received on contracts in progress46 | - | €949 | - | - | €21k | - |
| Taxes, remuneration and social security45 | - | €2k | €2k | €7k | €6k | ▼ 16.0% |
| Taxes450/3 | - | €2k | €1k | €7k | €5k | ▼ 21.0% |
| Remuneration and social security454/9 | - | - | €350 | - | €350 | - |
| Other amounts payable47/48 | - | €14k | €12k | €11k | €12k | ▲ 6.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-437 | €-36k | €2k | €16k | €12k | ▼ 25.1% |
| + Depreciation and write-downs630 | €2k | €3k | €4k | €6k | €6k | ▼ 2.2% |
| Operating cash flow (approximation) | €1k | €-32k | €6k | €22k | €17k | ▼ 19.0% |
| Investment in fixed assets (approximation) | - | €-11k | €-1k | €-5k | €0 | ▲ 100% |
| Change in cash | - | €818 | €-3k | €4k | €-5k | ▼ 225% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €16k ▲732%
Operating result €16k, net result €16k, both a record.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Sint-Katelijne-Waver · 1 establishment unit since 2018
Ground area
2,887 m²
Building footprint
408 m²
Volume, LiDAR
4,750 m³
Parcel 12027B0570/00E000, Flanders · tallest building 16.5 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
EFECTIV
since 20182.280.007.962
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12027B0570/00E000 | Flanders | 2,887 m² | 1 · 408 m² | 16.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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
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Of 4,241 companies in sector 47789 we hold annual accounts for 1,019. 106 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded27-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47789Other retail sale of new goods
70200Business and other management consultancy
85599Other education
90393Specialised image, lighting and sound technical services
Scores and ratios are computed by Checked and are not a credit decision.