Faction
ActiveFaction has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €20k and a net result of €-1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 14% of 20787 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency17▲+4
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.86 against 0.77 in 2023), and 86.9% 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
13.1%
Return on assets
-0.7%
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 14% of 20787 sector peers (2024).
NBB · sector comparisonPosition among 20787 sector peers
Solvency
better than 14%
← 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 19-06-2025, 42 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
42 d early
2023
35 d early
2022
33 d early
2021
38 d early
2020
32 d early
2019
37 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€20k▼ 5.4%
2023 · €21k
2018: €17k
2019: €48k
2020: €67k
2021: €50k
2022: €22k
2023: €21k
2018 → 2024
Total assets
€149k▼ 22.1%
2023 · €191k
2018: €57k
2019: €175k
2020: €186k
2021: €198k
2022: €170k
2023: €191k
2018 → 2024
Net result
€-1k
2023 · €9k
2018: €20k
2019: €31k
2020: €19k
2021: €668
2022: €2k
2023: €9k
2018 → 2024
Working capital
€-14k▲ 53.7%
2023 · €-31k
2018: €12k
2019: €39k
2020: €33k
2021: €10k
2022: €-23k
2023: €-31k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€67k-€50k▼ 25.3%€22k▼ 56.4%€21k▼ 5.3%€20k▼ 5.4%
Operating result€31k-€7k▼ 78.5%€8k▲ 21.0%€17k▲ 119%€755▼ 95.7%
Net result€19k-€668▼ 96.5%€2k▲ 171%€9k▲ 389%€-1k
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 falls in 2024; 2024 is 96% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €149k
Fixed assets
€63k▼ 28.9%
Current assets
€86k▼ 16.2%
Equity and liabilities €149k
Equity
€20k▼ 5.4%
Debt
€130k▼ 24.1%
The debt ratio falls from 89.2% to 86.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€4k▼
2023 · €21k
Cash flow
€2k▼
2023 · €13k
Solvency
13.1%▲
2023 · 10.8%
Current ratio
0.86▲
2023 · 0.77
Quick ratio
0.86▲
2023 · 0.77
Debt / equity
6.64▼
2023 · 8.27
ROE
-5.7%▼
2023 · 42.9%
ROA
-0.7%▼
2023 · 4.6%
Interest coverage
6.66▼
2023 · 33.14
Debt
€130k▼
2023 · €171k
Debt ≤ 1 year
€100k▼
2023 · €133k
Debt > 1 year
€29k▼
2023 · €37k
Income taxes
€1k▼
2023 · €8k
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€191k€149k▼
Fixed assets21/28€89k€63k▼
Intangible fixed assets21€1k€806▼
Tangible fixed assets22/27€65k€62k▼
Land and buildings22€65k€62k▼
Plant, machinery and equipment23€387€175▼
Furniture and vehicles24€0€0=
Financial fixed assets28€22k-
Current assets29/58€103k€86k▼
Amounts receivable within one year40/41€25k€18k▼
Trade receivables40€20k€15k▼
Other amounts receivable41€6k€4k▼
Cash at bank and in hand54/58€74k€65k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€191k€149k▼
Equity10/15€21k€20k▼
Contributions10/11€19k€19k=
Reserves13€2k€921▼
Distributable reserves133€2k€921▼
Amounts payable17/49€171k€130k▼
Amounts payable after more than one year17€37k€29k▼
Financial debts170/4€36k€28k▼
Other amounts payable178/9€1k€1k=
Amounts payable within one year42/48€133k€100k▼
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€592€1k▲
Suppliers440/4€592€1k▲
Taxes, remuneration and social security45€7k€3k▼
Taxes450/3€7k€3k▼
Other amounts payable47/48€118k€88k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€1k€1k▼
Gross operating margin9900€22k€5k▼
Operating profit (loss)9901€17k€755▼
Financial charges65/66B€642€623▼
Recurring financial charges65€642€623▼
Profit (loss) for the period before taxes9903€17k€132▼
Income taxes67/77€8k€1k▼
Profit (loss) for the period9904€9k€-1k▼
Profit (loss) for the period to be appropriated9905€9k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€-1k▼
Transfer from equity791/2€1k€1k▼
Profit to be distributed694/7€10k-
Return on contributions (dividend)694€10k-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-1k ▼113%
Net result drops to €-1k, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €31k ▲56.8%
Operating result €47k, net result €31k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated 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, Sint-Niklaas · 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.
Nieuwstraat 289100 Sint-NiklaasGround area
174 m²
Building footprint
136 m²
Volume, LiDAR
1,316 m³
Parcel 46443E1539/00S000, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Nieuwstraat 28, 9100 Sint-Niklaas
since 20172.264.413.035
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46443E1539/00S000 | Flanders | 174 m² | 1 · 136 m² | 12.9 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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AZTALAN
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DevIno
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Of 29,885 companies in sector 62200 we hold annual accounts for 18,321. 12,870 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-05-2017
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.