I C Work
ActiveI C Work has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €-3k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 43% of 31510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency59▼-4
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.14 against 0.15 in 2024), and 52.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
47.3%
Return on assets
-4.6%
Age of the figures
17 mo
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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€3k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
9 d early
2023
on the day
2022
3 d early
2021
5 d early
2020
1 d early
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 close13-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▼ 8.8%
2024 · €37k
2019: €22k
2020: €24k
2021: €27k
2022: €37k
2023: €41k
2024: €37k
2019 → 2025
Total assets
€71k▲ 0.4%
2024 · €71k
2019: €106k
2020: €92k
2021: €75k
2022: €74k
2023: €72k
2024: €71k
2019 → 2025
Net result
€-3k▲ 18.3%
2024 · €-4k
2019: €4k
2020: €2k
2021: €3k
2022: €11k
2023: €4k
2024: €-4k
2019 → 2025
Working capital
€-32k▼ 11.2%
2024 · €-29k
2019: €-21k
2020: €-30k
2021: €-39k
2022: €-29k
2023: €-25k
2024: €-29k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€27k-€37k▲ 39.7%€41k▲ 9.8%€37k▼ 9.7%€34k▼ 8.8%
Operating result€10k-€19k▲ 86.0%€11k▼ 40.3%€-2k€-2k▲ 17.8%
Net result€3k-€11k▲ 237%€4k▼ 65.4%€-4k€-3k▲ 18.3%
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 €2k in 2025 against €2k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71k
Fixed assets
€66k=
Current assets
€5k▲ 5.8%
Equity and liabilities €71k
Equity
€34k▼ 8.8%
Debt
€38k▲ 10.4%
The debt ratio rises from 47.9% to 52.7%: debt grows while equity shrinks.
Key figures and ratios
Solvency
47.3%▼
2024 · 52.1%
Current ratio
0.14▼
2024 · 0.15
Quick ratio
0.14▼
2024 · 0.15
Debt / equity
1.11▲
2024 · 0.92
ROE
-9.6%▲
2024 · -10.7%
ROA
-4.6%▲
2024 · -5.6%
Debt
€38k▲
2024 · €34k
Debt ≤ 1 year
€38k▲
2024 · €34k
Income taxes
€237▼
2024 · €249
Staff costs
€12k▼
2024 · €14k
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€71k€71k▲
Fixed assets21/28€66k€66k=
Tangible fixed assets22/27€66k€66k=
Land and buildings22€66k€66k=
Furniture and vehicles24€0€0=
Other tangible fixed assets26€0€0=
Current assets29/58€5k€5k▲
Amounts receivable within one year40/41€3k€3k▲
Trade receivables40-€279
Other amounts receivable41€3k€3k=
Cash at bank and in hand54/58€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€71k€71k▲
Equity10/15€37k€34k▼
Contributions10/11€6k€6k=
Reserves13€33k€33k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€31k€31k=
Profit (loss) carried forward14€-2k€-5k▼
Amounts payable17/49€34k€38k▲
Amounts payable within one year42/48€34k€38k▲
Trade debts44€12k€7k▼
Suppliers440/4€12k€7k▼
Taxes, remuneration and social security45€10k€14k▲
Taxes450/3€4k€6k▲
Remuneration and social security454/9€5k€9k▲
Other amounts payable47/48€13k€17k▲
Income statement
Code20242025
Remuneration, social security and pensions62€14k€12k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€15k€13k▼
Operating profit (loss)9901€-2k€-2k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-4k€-3k▲
Income taxes67/77€249€237▼
Profit (loss) for the period9904€-4k€-3k▲
Profit (loss) for the period to be appropriated9905€-4k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-5k▼
Profit (loss) brought forward from the previous period14P€2k€-2k▼
The notes to these accounts (6 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
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-4k ▼208%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €11k ▲237%
Operating result €19k, net result €11k, both a record.
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
14-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
BAUWERAERTS Paul Maria Jozef
CurrentDirector · since 13-12-2023
BOVENS Linda Elisa Celina Pricilla
CurrentDirector · since 13-12-2023
13-12-2023
BAUWERAERTS Paul Maria Jozef: Appointed as Director
13-12-2023
BOVENS Linda Elisa Celina Pricilla: Appointed as Director
Location & real-estate footprint
Registered office, Balen · 1 establishment unit since 2010
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.
Scheps 962490 BalenGround area
2,501 m²
Building footprint
184 m²
Volume, LiDAR
1,268 m³
Parcel 13003D0695/00B000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Scheps 96, 2490 Balen
since 20102.193.929.271
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003D0695/00B000 | Flanders | 2,501 m² | 1 · 184 m² | 9.7 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.
Similar companies · same sector, comparable size
Jebola
BE 0476.947.713
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SSC MANAGEMENT
BE 0794.348.836
Braives · Eq €34k
MARK VERHULST
BE 0475.761.145
Antwerpen · Eq €34k
AURIED SERVICES
BE 0544.885.325
Waterloo · Eq €34k
GMCORP
BE 0804.125.644
Anderlecht · Eq €34k
Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 35,245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-11-2010
Fiscal year end31-03
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
77330Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.