HIGH LIFT
ActiveHIGH LIFT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €561k and a net result of €147k. Equity is growing by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 78% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+3
Solvency93▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.82 against 2.18 in 2023; short-term debt: 31.8% and cash: 14.5% of total assets), and 32.2% 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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 2024Solvency, return and age of the figures
Solvency
67.8%
Return on assets
17.7%
Age of the figures
21 mo
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 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
34 d early
2023
36 d early
2022
32 d early
2021
37 d early
2020
46 d early
2019
50 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€147k▲ 16.5%
2023 · €126k
2018: €13k
2019: €40k
2020: €51k
2021: €69k
2022: €92k
2023: €126k
2018 → 2024
Working capital
€480k▲ 16.4%
2023 · €412k
2018: €109k
2019: €168k
2020: €187k
2021: €245k
2022: €320k
2023: €412k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€209k-€278k▲ 32.8%€342k▲ 23.0%€454k▲ 33.0%€561k▲ 23.5%
Operating result€72k-€97k▲ 34.9%€126k▲ 30.2%€175k▲ 39.1%€213k▲ 21.2%
Net result€51k-€69k▲ 33.6%€92k▲ 34.3%€126k▲ 36.5%€147k▲ 16.5%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 21% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €828k
Fixed assets
€85k▲ 93.5%
Current assets
€743k▼ 2.4%
Equity and liabilities €828k
Equity
€561k▲ 23.5%
Debt
€267k▼ 24.0%
The debt ratio falls from 43.6% to 32.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€231k▲
2023 · €184k
Cash flow
€165k▲
2023 · €134k
Solvency
67.8%▲
2023 · 56.4%
Current ratio
2.82▲
2023 · 2.18
Quick ratio
2.12▲
2023 · 1.39
Debt / equity
0.48▼
2023 · 0.77
ROE
26.1%▼
2023 · 27.7%
ROA
17.7%▲
2023 · 15.6%
Interest coverage
64.25▲
2023 · 41.45
Debt
€267k▼
2023 · €351k
Debt ≤ 1 year
€264k▼
2023 · €350k
Debt > 1 year
€3k
Income taxes
€63k▲
2023 · €45k
Staff costs
€10k
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€806k€828k▲
Fixed assets21/28€44k€85k▲
Tangible fixed assets22/27€44k€85k▲
Plant, machinery and equipment23€26k€24k▼
Furniture and vehicles24€18k€60k▲
Current assets29/58€762k€743k▼
Stocks and contracts in progress3€274k€186k▼
Stocks30/36€274k€186k▼
Amounts receivable within one year40/41€337k€436k▲
Trade receivables40€337k€420k▲
Other amounts receivable41-€16k
Cash at bank and in hand54/58€148k€120k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€806k€828k▲
Equity10/15€454k€561k▲
Contributions10/11€12k€12k=
Reserves13€181k€241k▲
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€180k€240k▲
Profit (loss) carried forward14€261k€308k▲
Amounts payable17/49€351k€267k▼
Amounts payable after more than one year17-€3k
Financial debts170/4-€3k
Amounts payable within one year42/48€350k€264k▼
Current portion of amounts payable after more than one year42€28k€41k▲
Trade debts44€268k€141k▼
Suppliers440/4€268k€141k▼
Taxes, remuneration and social security45€19k€44k▲
Taxes450/3€19k€44k▲
Other amounts payable47/48€35k€38k▲
Accrued charges and deferred income492/3€1k-
Income statement
Code20232024
Remuneration, social security and pensions62-€10k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€18k▲
Other operating charges640/8€413€1k▲
Non-recurring operating charges66A€350-
Gross operating margin9900€184k€242k▲
Operating profit (loss)9901€175k€213k▲
Financial income75/76B€103€507▲
Recurring financial income75€103€507▲
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€171k€210k▲
Income taxes67/77€45k€63k▲
Profit (loss) for the period9904€126k€147k▲
Profit (loss) for the period to be appropriated9905€126k€147k▲
Appropriation of the result
Profit (loss) to be appropriated9906€306k€408k▲
Profit (loss) brought forward from the previous period14P€180k€261k▲
Transfer from equity791/2€13k€40k▲
Transfer to equity691/2€45k€100k▲
To other reserves6921€45k€100k▲
Profit to be distributed694/7€13k€40k▲
Other beneficiaries697€13k€40k▲
Social balance
Average headcount (FTE)9087-1.0
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €147k ▲16.5%
Operating result €213k, net result €147k, both a record.
31-12
Financial
Equity above €500kEq €561k ▲23.5%
7 profitable years in a row build equity to €561k.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €200kEq €209k ▲32.5%
3 profitable years in a row build equity to €209k.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €150kEq €158k ▲33.8%
2 profitable years in a row build equity to €158k.
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
09-06
NBB filing
Annual accounts filed
fiscal year 2015 · full 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, Braives · 1 establishment unit since 2011
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 d'Avennes 244260 BraivesGround area
1,375 m²
Building footprint
151 m²
Volume, LiDAR
1,006 m³
Parcel 64071A0030/00F000, Wallonia · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HIGH LIFT
since 20112.206.840.961
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64071A0030/00F000 | Wallonia | 1,375 m² | 1 · 151 m² | 9.8 m · 2 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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Of 1,075 companies in sector 46140 we hold annual accounts for 644. 443 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-11-2011
Fiscal year end31-12
Trade name FR
HL Equipment
Activities, NACEBEL
46140Agents in the wholesale of industrial machinery, ships and aircraft
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.