FUN ON ICE
ActiveFUN ON ICE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €225k and a net result of €108k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 59% of 2288 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+21
Solvency63▲+16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.28 in 2024; short-term debt: 52.4% and cash: 33.5% of total assets), but 61.8% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
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
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
38.2%
Return on assets
18.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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
13 d late
2024
127 d late
2023
26 d late
2022
30 d late
2021
24 d early
2020
30 d late
2019
213 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€225k▲ 92.4%
2024 · €117k
2018: €32k
2019: €65k
2020: €81k
2021: €103k
2022: €107k
2023: €106k
2024: €117k
2018 → 2025
Total assets
€588k▲ 13.2%
2024 · €520k
2018: €268k
2019: €187k
2020: €196k
2021: €181k
2022: €234k
2023: €212k
2024: €520k
2018 → 2025
Net result
€108k▲ 878%
2024 · €11k
2018: €-26k
2019: €62k
2020: €31k
2021: €42k
2022: €24k
2023: €-1k
2024: €11k
2018 → 2025
Working capital
€238k▲ 137%
2024 · €100k
2018: €66k
2019: €100k
2020: €115k
2021: €113k
2022: €118k
2023: €113k
2024: €100k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€103k-€107k▲ 3.6%€106k▼ 1.2%€117k▲ 10.4%€225k▲ 92.4%
Operating result€52k-€27k▼ 48.0%€2k▼ 92.6%€18k▲ 806%€152k▲ 743%
Net result€42k-€24k▼ 43.9%€-1k€11k€108k▲ 878%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 743% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €588k
Fixed assets
€42k▼ 23.0%
Current assets
€547k▲ 17.4%
Equity and liabilities €588k
Equity
€225k▲ 92.4%
Debt
€363k▼ 9.8%
The debt ratio falls from 77.5% to 61.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€164k▲
2024 · €25k
Cash flow
€120k▲
2024 · €18k
Solvency
38.2%▲
2024 · 22.5%
Current ratio
1.77▲
2024 · 1.28
Quick ratio
1.77▲
2024 · 1.14
Debt / equity
1.62▼
2024 · 3.45
ROE
48.0%▲
2024 · 9.5%
ROA
18.3%▲
2024 · 2.1%
Interest coverage
75.70▲
2024 · 11.03
Debt
€363k▼
2024 · €403k
Debt ≤ 1 year
€308k▼
2024 · €365k
Debt > 1 year
€18k▼
2024 · €37k
Income taxes
€42k▲
2024 · €5k
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€520k€588k▲
Fixed assets21/28€54k€42k▼
Intangible fixed assets21€9k€7k▼
Tangible fixed assets22/27€43k€33k▼
Plant, machinery and equipment23€7k€5k▼
Furniture and vehicles24€599€28k▲
Leasing and similar rights25€36k-
Financial fixed assets28€2k€2k=
Current assets29/58€466k€547k▲
Amounts receivable after more than one year29€70k€58k▼
Trade receivables290-€58k
Other amounts receivable291€70k-
Stocks and contracts in progress3€50k€0▼
Contracts in progress37€50k€0▼
Amounts receivable within one year40/41€295k€207k▼
Trade receivables40€293k€205k▼
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€49k€197k▲
Deferred charges and accrued income490/1€2k€85k▲
Equity and liabilities
Total equity and liabilities10/49€520k€588k▲
Equity10/15€117k€225k▲
Contributions10/11€12k€12k=
Reserves13€104k€212k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€103k€210k▲
Amounts payable17/49€403k€363k▼
Amounts payable after more than one year17€37k€18k▼
Financial debts170/4€25k€18k▼
Other amounts payable178/9€12k-
Amounts payable within one year42/48€365k€308k▼
Current portion of amounts payable after more than one year42€8k€6k▼
Financial debts43€23k€0▼
Credit institutions430/8€23k€0▼
Trade debts44€330k€194k▼
Suppliers440/4€330k€194k▼
Taxes, remuneration and social security45€5k€106k▲
Taxes450/3€5k€106k▲
Other amounts payable47/48€137€2k▲
Accrued charges and deferred income492/3€1k€37k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€12k▲
Other operating charges640/8€8k€3k▼
Gross operating margin9900€33k€167k▲
Operating profit (loss)9901€18k€152k▲
Financial income75/76B€31€0▼
Recurring financial income75€31€0▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€16k€150k▲
Income taxes67/77€5k€42k▲
Profit (loss) for the period9904€11k€108k▲
Profit (loss) for the period to be appropriated9905€11k€108k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€108k▲
Transfer to equity691/2€11k€108k▲
To other reserves6921€11k€108k▲
The notes to these accounts (11 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
31-12
Financial
Highest result since 2018net €108k ▲878%
Operating result €152k, net result €108k, both a record.
31-12
Financial
Equity above €200kEq €225k ▲92.4%
2 profitable years in a row build equity to €225k.
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 127 days late
2024
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100kEq €103k ▲27.6%
3 profitable years in a row build equity to €103k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
01-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 213 days late
2019
31-12
Financial
Back to profitnet €62k
Net result €62k after one loss-making year.
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 83 days late
2018
05-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 66 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 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, Leuven · 1 establishment unit since 2009
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.
Philipssite 53001 LeuvenGround area
6,606 m²
Building footprint
2,028 m²
Volume, LiDAR
47,312 m³
Parcel 24433E0025/00C002, Flanders · tallest building 32.1 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
Fun on Ice
since 20092.177.248.538
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24433E0025/00C002 | Flanders | 6,606 m² | 1 · 2,027 m² | 32.0 m · 9 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.
Similar companies · same sector, comparable size
VERTICAL
BE 0837.976.565
Sprimont · Eq €224k
STAL CAVARO
BE 0897.182.296
Westerlo · Eq €226k
BEVEREN GOLFCLUB
BE 0838.288.351
Beveren-Kruibeke-Zwijndrecht · Eq €226k
LA CRAVACHE
BE 0436.913.041
Ans · Eq €224k
THELEME SPORT
BE 0880.283.314
Ath · Eq €226k
Of 3,292 companies in sector 93110 we hold annual accounts for 1,492. 1,104 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded18-03-2009
Fiscal year end31-12
Activities, NACEBEL
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.