I FIRE
ActiveI FIRE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €290k and a net result of €3k. Equity is growing by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 29% of 7931 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▲+5
Solvency49=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.12 against 1.17 in 2024; short-term debt: 74.5% and cash: 1.1% of total assets), and 76% 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 · 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 · 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 · 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
24%
Return on assets
0.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
4 d early
2023
1 d early
2022
on the day
2021
on the day
2020
1 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close17-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€290k▲ 1.0%
2024 · €288k
2019: €-28k
2020: €55k
2021: €112k
2022: €274k
2023: €283k
2024: €288k
2019 → 2025
Total assets
€1.21M▲ 0.5%
2024 · €1.20M
2019: €1.08M
2020: €1.17M
2021: €1.02M
2022: €1.34M
2023: €1.20M
2024: €1.20M
2019 → 2025
Net result
€3k▼ 38.6%
2024 · €5k
2019: €-43k
2020: €84k
2021: €56k
2022: €219k
2023: €9k
2024: €5k
2019 → 2025
Working capital
€112k▼ 25.3%
2024 · €150k
2019: €-179k
2020: €-77k
2021: €-49k
2022: €137k
2023: €165k
2024: €150k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€112k-€274k▲ 146%€283k▲ 3.1%€288k▲ 1.7%€290k▲ 1.0%
Operating result€66k-€242k▲ 268%€18k▼ 92.7%€26k▲ 46.0%€23k▼ 12.1%
Net result€56k-€219k▲ 290%€9k▼ 96.1%€5k▼ 43.3%€3k▼ 38.6%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.21M
Fixed assets
€196k▲ 26.8%
Current assets
€1.01M▼ 3.3%
Equity and liabilities €1.21M
Equity
€290k▲ 1.0%
Debt
€921k▲ 0.4%
The debt ratio falls from 76.1% to 76.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€79k▲
2024 · €61k
Cash flow
€59k▲
2024 · €40k
Solvency
24.0%▲
2024 · 23.9%
Current ratio
1.12▼
2024 · 1.17
Quick ratio
0.32▼
2024 · 0.32
Debt / equity
3.17▼
2024 · 3.19
ROE
1.0%▼
2024 · 1.7%
ROA
0.2%▼
2024 · 0.4%
Interest coverage
4.00▲
2024 · 3.30
Debt
€921k▲
2024 · €917k
Debt ≤ 1 year
€902k▲
2024 · €899k
Income taxes
€0▼
2024 · €2k
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€1.20M€1.21M▲
Fixed assets21/28€155k€196k▲
Intangible fixed assets21€116k€102k▼
Tangible fixed assets22/27€39k€94k▲
Furniture and vehicles24€919€583▼
Other tangible fixed assets26€38k€94k▲
Financial fixed assets28€135€135=
Current assets29/58€1.05M€1.01M▼
Stocks and contracts in progress3€763k€729k▼
Stocks30/36€763k€729k▼
Amounts receivable within one year40/41€280k€272k▼
Trade receivables40€278k€271k▼
Other amounts receivable41€1k€1k=
Cash at bank and in hand54/58€5k€13k▲
Deferred charges and accrued income490/1€2k€730▼
Equity and liabilities
Total equity and liabilities10/49€1.20M€1.21M▲
Equity10/15€288k€290k▲
Contributions10/11€20k€20k=
Reserves13€268k€271k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€2k€2k=
Distributable reserves133€265k€268k▲
Amounts payable17/49€917k€921k▲
Amounts payable within one year42/48€899k€902k▲
Trade debts44€303k€283k▼
Suppliers440/4€303k€283k▼
Taxes, remuneration and social security45€9k€15k▲
Taxes450/3€9k€15k▲
Other amounts payable47/48€587k€605k▲
Accrued charges and deferred income492/3€18k€18k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€56k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€62k€80k▲
Operating profit (loss)9901€26k€23k▼
Financial charges65/66B€18k€20k▲
Recurring financial charges65€18k€20k▲
Profit (loss) for the period before taxes9903€7k€3k▼
Income taxes67/77€2k€0▼
Profit (loss) for the period9904€5k€3k▼
Profit (loss) for the period to be appropriated9905€5k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€3k▼
Transfer to equity691/2€5k€3k▼
To other reserves6921€5k€3k▼
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €219k ▲290%
Operating result €242k, net result €219k, both a record.
30-06
Financial
Equity above €200kEq €274k ▲146%
3 profitable years in a row build equity to €274k.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €100kEq €112k ▲102%
2 profitable years in a row build equity to €112k.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-06
Financial
Back to profitnet €84k
Net result €84k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
28-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
17-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 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, Nazareth · 1 establishment unit since 1993
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.
Nieuwe Steenweg 129810 NazarethGround area
4,702 m²
Building footprint
1,294 m²
Volume, LiDAR
6,692 m³
Parcel 44048G0445/00H000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IFIRE
since 19932.060.526.062
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048G0445/00H000 | Flanders | 4,702 m² | 1 · 1,294 m² | 7.8 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.
Similar companies · same sector, comparable size
DOCKX en KINDEREN
BE 0458.915.611
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VRIESEHOF
BE 0473.451.951
Oostkamp · Eq €296k
Garden Supply
BE 0627.604.747
Tongeren-Borgloon · Eq €297k
HOUTHANDEL MORIS
BE 0419.066.328
Putte · Eq €279k
ETABLISSEMENTS DELBRUYERE HERMAN ET FILS
BE 0415.154.951
Seneffe · Eq €279k
Of 859 companies in sector 46832 we hold annual accounts for 588. 420 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-01-1993
Fiscal year end30-06
Activities, NACEBEL
46832Wholesale of timber
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.