ERNEST LIVELY
ActiveERNEST LIVELY has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-257k) and a net result of €-221k. Equity is shrinking by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 10% of 9183 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability8=
Solvency15▼-8
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.08 against 0.06 in 2024; short-term debt: 7.9% and cash: 0.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Nine 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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 · 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 2025Solvency, return and age of the figures
Solvency
-9.5%
Return on assets
-8.2%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-257k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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
17 d late
2024
31 d late
2023
64 d early
2022
87 d early
2021
31 d late
2020
1 d early
2019
90 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-257k▼ 616%
2024 · €-36k
2018: €182k
2019: €196k
2020: €165k
2021: €155k
2022: €116k
2023: €94k
2024: €-36k
2018 → 2025
Total assets
€2.69M▲ 77.2%
2024 · €1.52M
2018: €188k
2019: €204k
2020: €220k
2021: €181k
2022: €118k
2023: €518k
2024: €1.52M
2018 → 2025
Net result
€-221k▼ 69.6%
2024 · €-130k
2018: €17k
2019: €14k
2020: €19k
2021: €14k
2022: €-39k
2023: €-21k
2024: €-130k
2018 → 2025
Working capital
€-197k▼ 115%
2024 · €-92k
2018: €54k
2019: €74k
2020: €42k
2021: €35k
2022: €78k
2023: €-417k
2024: €-92k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€155k-€116k▼ 25.3%€94k▼ 18.4%€-36k€-257k▼ 616%
Operating result€19k-€-39k€-21k▲ 45.7%€-128k▼ 506%€-178k▼ 39.0%
Net result€14k-€-39k€-21k▲ 45.7%€-130k▼ 513%€-221k▼ 69.6%
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 stays negative: a loss of €178k in 2025 against €128k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.69M
Fixed assets
€2.67M▲ 76.9%
Current assets
€16k▲ 161%
Key figures and ratios
EBITDA
€-73k▲
2024 · €-92k
Cash flow
€-115k▼
2024 · €-94k
Solvency
-9.5%▼
2024 · -2.4%
Current ratio
0.08▲
2024 · 0.06
Quick ratio
0.08▲
2024 · 0.06
Debt / equity
-11.48▲
2024 · -43.33
ROA
-8.2%▲
2024 · -8.6%
Interest coverage
-1.70▲
2024 · -42.09
Debt
€2.95M▲
2024 · €1.55M
Debt ≤ 1 year
€214k▲
2024 · €98k
Debt > 1 year
€2.73M▲
2024 · €1.46M
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€1.52M€2.69M▲
Fixed assets21/28€1.51M€2.67M▲
Tangible fixed assets22/27€1.51M€2.67M▲
Land and buildings22€1.51M€2.65M▲
Furniture and vehicles24-€23k
Current assets29/58€6k€16k▲
Cash at bank and in hand54/58€2k€11k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€1.52M€2.69M▲
Equity10/15€-36k€-257k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€71k€71k=
Non-distributable reserves130/1€31k€31k=
Legal reserve130€31k€31k=
Distributable reserves133€41k€41k=
Profit (loss) carried forward14€-169k€-390k▼
Amounts payable17/49€1.55M€2.95M▲
Amounts payable after more than one year17€1.46M€2.73M▲
Financial debts170/4-€1.41M
Other amounts payable178/9€1.46M€1.31M▼
Amounts payable within one year42/48€98k€214k▲
Current portion of amounts payable after more than one year42-€45k
Trade debts44€87k€154k▲
Suppliers440/4€87k€154k▲
Taxes, remuneration and social security45€3k€13k▲
Taxes450/3€3k€13k▲
Other amounts payable47/48€8k€530▼
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€105k▲
Other operating charges640/8€387€1k▲
Gross operating margin9900€-92k€-71k▲
Operating profit (loss)9901€-128k€-178k▼
Financial charges65/66B€2k€43k▲
Recurring financial charges65€2k€43k▲
Profit (loss) for the period before taxes9903€-130k€-221k▼
Profit (loss) for the period9904€-130k€-221k▼
Profit (loss) for the period to be appropriated9905€-130k€-221k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-169k€-390k▼
Profit (loss) brought forward from the previous period14P€-39k€-169k▼
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
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
2025
31-12
Financial
Weakest financial yearnet €-221k
Net result drops to €-221k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
28-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €19k ▲40.2%
Operating result €26k, net result €19k, both a record.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 141 days late
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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-Pieters-Woluwe · 1 establishment unit since 1988
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.
Langestraat 1701150 Sint-Pieters-WoluweGround area
2,424 m²
Building footprint
762 m²
Volume, LiDAR
7,370 m³
2 parcels, Brussels, Wallonia · tallest building 20.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Rue Godefroid 27, 5000 Namur
since 19882.036.052.467
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0029/00N005 | Brussels | 1,628 m² | 1 · 419 m² | 12.9 m · 3 fl. |
| 92094C1262/00R003 | Wallonia | 796 m² | 1 · 343 m² | 20.0 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Peels Immo
BE 0668.772.537
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XTRA-FACILITIES
BE 0805.628.451
Genk · Eq €94k
PLENUS
BE 0548.663.672
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S&F Consulting
BE 0673.905.619
Sint-Pieters-Woluwe · Eq €94k
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 4,120 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-03-1988
Fiscal year end31-12
Activities, NACEBEL
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.