FOCALISE
ActiveFOCALISE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11k and a net result of €-5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 1968 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency79▼-17
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.75 against 2.12 in 2024), but 59.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 90
Relative position
BE, all sectors
reference
Sector 90
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
40.4%
Return on assets
-17.5%
Age of the figures
17 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 09-11-2025, 9 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
9 d late
2024
25 d late
2023
on the day
2022
3 d early
2021
4 d early
2020
23 d late
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close14-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€11k▼ 30.2%
2024 · €16k
2019: €-32k
2020: €-15k
2021: €-3k
2022: €-9k
2023: €4k
2024: €16k
2019 → 2025
Total assets
€28k▼ 10.9%
2024 · €32k
2019: €109k
2020: €35k
2021: €47k
2022: €47k
2023: €44k
2024: €32k
2019 → 2025
Net result
€-5k
2024 · €12k
2019: €-11k
2020: €17k
2021: €12k
2022: €-6k
2023: €14k
2024: €12k
2019 → 2025
Working capital
€11k▼ 27.8%
2024 · €15k
2019: €41k
2020: €-15k
2021: €-4k
2022: €-6k
2023: €3k
2024: €15k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-3k-€-9k▼ 175%€4k€16k▲ 281%€11k▼ 30.2%
Operating result€12k-€-6k€13k€15k▲ 12.8%€-4k
Net result€12k-€-6k€14k€12k▼ 12.0%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €15k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28k
Fixed assets
€2k▼ 14.2%
Current assets
€26k▼ 10.6%
Equity and liabilities €28k
Equity
€11k▼ 30.2%
Debt
€17k▲ 9.6%
The debt ratio rises from 48.4% to 59.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-2k▼
2024 · €16k
Cash flow
€-4k▼
2024 · €13k
Solvency
40.4%▼
2024 · 51.6%
Current ratio
1.75▼
2024 · 2.12
Quick ratio
1.75▼
2024 · 2.12
Debt / equity
1.48▲
2024 · 0.94
ROE
-43.3%▼
2024 · 73.7%
ROA
-17.5%▼
2024 · 38.0%
Interest coverage
-2.76▼
2024 · 16.01
Debt
€17k▲
2024 · €15k
Debt ≤ 1 year
€15k▲
2024 · €14k
Income taxes
€356▼
2024 · €3k
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€32k€28k▼
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Furniture and vehicles24€3k€1k▼
Other tangible fixed assets26-€904
Current assets29/58€29k€26k▼
Amounts receivable within one year40/41€10k€7k▼
Trade receivables40€5k€7k▲
Other amounts receivable41€4k€67▼
Current investments50/53€49€37▼
Cash at bank and in hand54/58€17k€16k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€32k€28k▼
Equity10/15€16k€11k▼
Contributions10/11€19k€19k=
Reserves13€13k€13k=
Tax-exempt reserves132€12k€12k=
Distributable reserves133€852€852=
Profit (loss) carried forward14€-15k€-20k▼
Amounts payable17/49€15k€17k▲
Amounts payable within one year42/48€14k€15k▲
Financial debts43€541€1k▲
Credit institutions430/8€541€1k▲
Trade debts44€8k€8k▼
Suppliers440/4€8k€8k▼
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€5k€2k▼
Other amounts payable47/48-€5k
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Non-recurring operating income76A€21k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€686€673▼
Gross operating margin9900€17k€-2k▼
Operating profit (loss)9901€15k€-4k▼
Financial income75/76B€1k€1▼
Recurring financial income75€1k€1▼
Financial charges65/66B€1k€861▼
Recurring financial charges65€1k€861▼
Profit (loss) for the period before taxes9903€15k€-5k▼
Income taxes67/77€3k€356▼
Profit (loss) for the period9904€12k€-5k▼
Profit (loss) for the period to be appropriated9905€12k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-20k▼
Profit (loss) brought forward from the previous period14P€-27k€-15k▲
The notes to these accounts (7 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
2025
09-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 9 days late
2024
25-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
31-03
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
26-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
28-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Waterloo · 2 establishment units since 2000
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.
Rue Bruyère-Saint-Jean 811410 WaterlooGround area
736 m²
Building footprint
128 m²
Volume, LiDAR
720 m³
2 parcels, Brussels, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
FOCALISE
since 20002.093.588.612
FOCALISE
since 20062.163.654.779
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25762E0116/00A000 | Wallonia | 391 m² | 1 · 73 m² | 5.5 m · 1 fl. |
| 21612D0271/00W000 | Brussels | 345 m² | 1 · 55 m² | 11.8 m · 3 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.
Similar companies · same sector, comparable size
VISIBEL
BE 0871.321.108
Edegem · Eq €11k
COLLECTIONS ET PATRIMOINES
BE 0435.015.306
Welkenraedt · Eq €12k
LE SOLEIL LEVAIN
BE 0437.454.261
Nivelles · Eq €11k
BE STAGE
BE 0645.717.320
Profondeville · Eq €12k
Handelaarsvereniging van het Zilverpand
BE 0878.708.053
Brugge · Eq €11k
Of 3,379 companies in sector 90393 we hold annual accounts for 930. 504 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-1999
Fiscal year end31-03
Activities, NACEBEL
90393Specialised image, lighting and sound technical services
94120Activities of professional membership organisations
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.