FR
ActiveFR has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88k and a net result of €11k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 71% of 17964 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▲+6
Solvency98▼-2
Growth55=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.1 against 4.02 in 2024), and 40.2% 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.8%
Return on assets
7.7%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
31 d early
2024
65 d late
2023
20 d late
2022
40 d late
2021
32 d late
2020
89 d late
2019
119 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€172k▼ 6.4%
2022 · €184k
2018: €119k
2019: €159k
2020: €153k
2021: €182k
2022: €184k
2018 → 2023
EBIT margin
1.2%▼ 9.1pp
2022 · 10.3%
2018: 14.3%
2019: 17.0%
2020: 8.2%
2021: 4.2%
2022: 10.3%
2018 → 2023
Net result
€11k▲ 27.2%
2024 · €9k
2018: €13k
2019: €29k
2020: €10k
2021: €5k
2022: €14k
2023: €2k
2024: €9k
2018 → 2025
Working capital
€100k▲ 30.6%
2024 · €76k
2018: €8k
2019: €37k
2020: €15k
2021: €35k
2022: €44k
2023: €67k
2024: €76k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€182k-€184k▲ 1.0%€172k▼ 6.4%
Equity€52k-€67k▲ 27.2%€68k▲ 2.3%€77k▲ 13.1%€88k▲ 14.8%
Operating result€8k-€19k▲ 150%€2k▼ 89.3%€12k▲ 509%€14k▲ 15.0%
Net result€5k-€14k▲ 165%€2k▼ 89.3%€9k▲ 487%€11k▲ 27.2%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 15% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €148k
Equity
€88k▲ 14.8%
Debt
€60k▲ 135%
The debt ratio rises from 24.7% to 40.2%: debt grows faster than equity.
Key figures and ratios
Solvency
59.8%▼
2024 · 75.3%
Current ratio
3.10▼
2024 · 4.02
Quick ratio
3.08▼
2024 · 3.99
Debt / equity
0.67▲
2024 · 0.33
ROE
12.9%▲
2024 · 11.6%
ROA
7.7%▼
2024 · 8.7%
Debt
€60k▲
2024 · €25k
Debt ≤ 1 year
€48k▲
2024 · €25k
Income taxes
€3k▼
2024 · €3k
Staff costs
€132k▲
2024 · €83k
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€102k€148k▲
Formation expenses20€760€760=
Fixed assets21/28-€0
Intangible fixed assets21-€0
Tangible fixed assets22/27-€0
Furniture and vehicles24-€0
Other tangible fixed assets26-€0
Current assets29/58€102k€147k▲
Amounts receivable after more than one year29€39k€39k=
Trade receivables290€39k€39k=
Stocks and contracts in progress3€570€570=
Stocks30/36€570€570=
Amounts receivable within one year40/41€59k€105k▲
Trade receivables40€59k€63k▲
Other amounts receivable41€292€42k▲
Cash at bank and in hand54/58€3k€3k=
Equity and liabilities
Total equity and liabilities10/49€102k€148k▲
Equity10/15€77k€88k▲
Contributions10/11€100€100=
Profit (loss) carried forward14€77k€88k▲
Amounts payable17/49€25k€60k▲
Amounts payable within one year42/48€25k€48k▲
Trade debts44€1k€1k=
Suppliers440/4€1k€1k=
Taxes, remuneration and social security45€15k€37k▲
Taxes450/3€3k€6k▲
Remuneration and social security454/9€11k€31k▲
Other amounts payable47/48€9k€9k=
Accrued charges and deferred income492/3-€12k
Income statement
Code20242025
Remuneration, social security and pensions62€83k€132k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€826-
Other operating charges640/8€11k€57k▲
Gross operating margin9900€107k€203k▲
Operating profit (loss)9901€12k€14k▲
Financial charges65/66B€27-
Recurring financial charges65€27-
Profit (loss) for the period before taxes9903€12k€14k▲
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€9k€11k▲
Profit (loss) for the period to be appropriated9905€9k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€77k€88k▲
Profit (loss) brought forward from the previous period14P€68k€77k▲
The notes to these accounts (1 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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
04-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 65 days late
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Weakest financial yearnet €2k ▼89.3%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 7.97
Current ratio from 2.29 to 7.97; short-term debt falls from €34k to €10k.
09-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 40 days late
2022
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 4.05
Current ratio from 1.36 to 4.05; short-term debt falls from €41k to €12k.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
31-12
Financial
Highest result since 2018net €29k ▲118%
Operating result €27k, net result €29k, both a record.
31-12
Financial
Liquidity times 8current ratio 14.44
Current ratio from 1.79 to 14.44; short-term debt falls from €10k to €3k.
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 92 days late
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 62 days late
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, Etterbeek · 1 establishment unit since 2016
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.
Eudore Pirmezlaan 81040 EtterbeekGround area
188 m²
Building footprint
180 m²
Volume, LiDAR
2,483 m³
Parcel 21363B0384/00V003, Brussels · tallest building 20.0 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
FR
since 20162.253.730.365
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0384/00V003 | Brussels | 188 m² | 1 · 180 m² | 20.0 m · 6 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.
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MALAKO
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Express Brusselpoort
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PTM
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PROXY POEL
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Of 10,411 companies in sector 47110 we hold annual accounts for 5,786. 4,626 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded27-05-2016
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
47400Retail sale of information and communication equipment
47410Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 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.