Home Study
ActiveHome Study has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €32k and a net result of €-19k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 59% of 290 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency90▼-10
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.71 against 6.71 in 2023), and 46.1% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 13
Relative position
BE, all sectors
reference
Sector 13
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 2024Solvency, return and age of the figures
Solvency
53.9%
Return on assets
-31.3%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€19k
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
79 d early
2022
82 d early
2021
151 d early
2020
31 d early
2019
66 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€32k▼ 36.7%
2023 · €51k
2018: €45k
2019: €39k
2020: €43k
2021: €60k
2022: €59k
2023: €51k
2018 → 2024
Total assets
€60k▲ 3.8%
2023 · €58k
2018: €62k
2019: €44k
2020: €49k
2021: €64k
2022: €62k
2023: €58k
2018 → 2024
Net result
€-19k▼ 142%
2023 · €-8k
2018: €39
2019: €-6k
2020: €4k
2021: €17k
2022: €-1k
2023: €-8k
2018 → 2024
Working capital
€19k▼ 48.6%
2023 · €38k
2018: €44k
2019: €38k
2020: €36k
2021: €49k
2022: €46k
2023: €38k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€43k-€60k▲ 39.6%€59k▼ 2.5%€51k▼ 13.2%€32k▼ 36.7%
Operating result€3k-€19k▲ 606%€-1k€-7k▼ 484%€-18k▼ 148%
Net result€4k-€17k▲ 338%€-1k€-8k▼ 422%€-19k▼ 142%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2024 against €7k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €60k
Fixed assets
€13k▼ 2.9%
Current assets
€47k▲ 5.9%
Equity and liabilities €60k
Equity
€32k▼ 36.7%
Debt
€28k▲ 316%
The debt ratio rises from 11.5% to 46.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-15k▼
2023 · €-5k
Cash flow
€-16k▼
2023 · €-5k
Solvency
53.9%▼
2023 · 88.5%
Current ratio
1.71▼
2023 · 6.71
Quick ratio
1.48▼
2023 · 5.46
Debt / equity
0.85▲
2023 · 0.13
ROE
-58.0%▼
2023 · -15.2%
ROA
-31.3%▼
2023 · -13.4%
Interest coverage
-42.47▼
2023 · -14.18
Debt
€28k▲
2023 · €7k
Debt ≤ 1 year
€28k▲
2023 · €7k
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€58k€60k▲
Fixed assets21/28€13k€13k▼
Tangible fixed assets22/27€13k€13k▼
Plant, machinery and equipment23€10k€10k▲
Furniture and vehicles24€4k€3k▼
Current assets29/58€44k€47k▲
Stocks and contracts in progress3€8k€6k▼
Stocks30/36€3k€3k=
Contracts in progress37€6k€4k▼
Amounts receivable within one year40/41€16k€11k▼
Trade receivables40€11k€7k▼
Other amounts receivable41€5k€4k▼
Cash at bank and in hand54/58€12k€25k▲
Deferred charges and accrued income490/1€8k€5k▼
Equity and liabilities
Total equity and liabilities10/49€58k€60k▲
Equity10/15€51k€32k▼
Contributions10/11€37k€37k=
Reserves13€21k€21k=
Non-distributable reserves130/1€21k€21k=
Reserves not available under the articles1311€4k€4k=
Other1319€17k€17k=
Profit (loss) carried forward14€-7k€-26k▼
Amounts payable17/49€7k€28k▲
Amounts payable within one year42/48€7k€28k▲
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€769€5k▲
Taxes450/3€769€5k▲
Other amounts payable47/48€4k€18k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€516€513▼
Gross operating margin9900€-4k€-15k▼
Operating profit (loss)9901€-7k€-18k▼
Financial income75/76B€6€0▼
Recurring financial income75€6€0▼
Financial charges65/66B€348€358▲
Recurring financial charges65€348€358▲
Profit (loss) for the period before taxes9903€-8k€-19k▼
Profit (loss) for the period9904€-8k€-19k▼
Profit (loss) for the period to be appropriated9905€-8k€-19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-26k▼
Profit (loss) brought forward from the previous period14P€691€-7k▼
The notes to these accounts (5 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 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series.
13-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €17k ▲338%
Operating result €19k, net result €17k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 13.81
Current ratio from 6.77 to 13.81; short-term debt falls from €6k to €4k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
26-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 9.44
Current ratio from 3.56 to 9.44; short-term debt falls from €17k to €5k.
06-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
09-05
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Menen · 1 establishment unit since 1992
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.
Keizer Karelstraat 308930 MenenGround area
227 m²
Building footprint
87 m²
Volume, LiDAR
639 m³
Parcel 34027F0052/00C007, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
INTERIEURINRICHTING HOME STUDY
since 19922.058.146.196
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34027F0052/00C007 | Flanders | 227 m² | 1 · 87 m² | 10.6 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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WEEF
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Kortrijk · Eq €38k
Of 595 companies in sector 13929 we hold annual accounts for 234. 124 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded07-02-1992
Fiscal year end31-12
Activities, NACEBEL
13929Manufacture of textiles
46833Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.