ImprovementatWork
ActiveImprovementatWork is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €602k and a net result of €293k. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 5495 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
58 d early
2023
48 d early
2022
81 d early
2021
29 d late
2020
36 d early
2019
42 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€602k▼ 45.5%
2024 · €1.11M
2018: €937k
2019: €1.25M
2020: €1.53M
2021: €1.54M
2022: €1.60M
2023: €1.35M
2024: €1.11M
2018 → 2025
Net result
€293k
2024 · €-95k
2018: €222k
2019: €309k
2020: €460k
2021: €28k
2022: €59k
2023: €217k
2024: €-95k
2018 → 2025
Total assets
€611k▼ 45.3%
2024 · €1.12M
2018: €1.07M
2019: €1.39M
2020: €1.76M
2021: €1.77M
2022: €1.74M
2023: €1.38M
2024: €1.12M
2018 → 2025
Solvency
98.6%▼ 0.5pp
2024 · 99.1%
2018: 87.7%
2019: 89.8%
2020: 87.1%
2021: 87.1%
2022: 91.8%
2023: 98.1%
2024: 99.1%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.54M-€1.60M▲ 3.9%€1.35M▼ 15.6%€1.11M▼ 18.0%€602k▼ 45.5%
Operating result€27k-€64k▲ 135%€174k▲ 171%€-104k€-4k▲ 95.7%
Net result€28k-€59k▲ 110%€217k▲ 264%€-95k€293k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €104k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €611k
Fixed assets
€159k▼ 13.9%
Current assets
€452k▼ 51.5%
Equity and liabilities €611k
Equity
€602k▼ 45.5%
Debt
€8k▼ 18.4%
The debt ratio rises from 0.9% to 1.4%: equity shrinks faster than debt is paid down.
Key figures and ratios
Solvency
98.6%▼
2024 · 99.1%
ROE
48.6%▲
2024 · -8.6%
ROA
47.9%▲
2024 · -8.5%
Debt
€8k▼
2024 · €10k
Debt ≤ 1 year
€8k▼
2024 · €10k
Income taxes
€1k▲
2024 · €1k
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€1.12M€611k▼
Fixed assets21/28€185k€159k▼
Tangible fixed assets22/27€88k€62k▼
Furniture and vehicles24€88k€62k▼
Financial fixed assets28€97k€97k=
Current assets29/58€932k€452k▼
Amounts receivable after more than one year29€204k-
Trade receivables290€204k-
Amounts receivable within one year40/41€66k€100k▲
Trade receivables40€18k-
Other amounts receivable41€48k€100k▲
Current investments50/53€653k€293k▼
Cash at bank and in hand54/58€8k€58k▲
Deferred charges and accrued income490/1€930€977▲
Equity and liabilities
Total equity and liabilities10/49€1.12M€611k▼
Equity10/15€1.11M€602k▼
Contributions10/11€40k€40k=
Reserves13€1.16M€561k▼
Distributable reserves133€1.16M€561k▼
Profit (loss) carried forward14€-90k€1k▲
Amounts payable17/49€10k€8k▼
Amounts payable within one year42/48€10k€8k▼
Trade debts44€7k€8k▲
Suppliers440/4€7k€8k▲
Taxes, remuneration and social security45€3k-
Taxes450/3€3k-
Other amounts payable47/48€594-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€28k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€-73k€27k▲
Operating profit (loss)9901€-104k€-4k▲
Financial income75/76B€12k€355k▲
Recurring financial income75€12k€355k▲
Financial charges65/66B€1k€56k▲
Recurring financial charges65€1k€56k▲
Profit (loss) for the period before taxes9903€-93k€294k▲
Income taxes67/77€1k€1k▲
Profit (loss) for the period9904€-95k€293k▲
Profit (loss) for the period to be appropriated9905€-95k€293k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-90k€202k▲
Profit (loss) brought forward from the previous period14P€4k€-90k▼
Transfer from equity791/2€149k€797k▲
Transfer to equity691/2-€201k
To other reserves6921-€201k
Profit to be distributed694/7€149k€797k▲
Return on contributions (dividend)694€149k€797k▲
The notes to these accounts (7 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €293k
Net result €293k after one loss-making year.
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-95k ▼144%
Net result drops to €-95k, the lowest in the series; recovery starts the following year.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity quadruplescurrent ratio 47.81
Current ratio from 11.53 to 47.81; short-term debt falls from €138k to €26k.
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 29 days late
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €460k ▲49.1%
Operating result €701k, net result €460k, both a record.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €1MEq €1.25M ▲32.9%
2 profitable years in a row build equity to €1.25M.
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
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, Brasschaat · 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.
Werverbos 162930 BrasschaatGround area
950 m²
Building footprint
127 m²
Volume, LiDAR
381 m³
Parcel 11008A0349/00R004, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Improvementatwork
since 20102.187.459.965
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008A0349/00R004 | Flanders | 950 m² | 1 · 127 m² | 8.2 m · 1 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 24,640 companies in sector 64210 we hold annual accounts for 19,693. 13,443 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2010
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.
Contact details
1 entryE-mail:johan.telen@improvementatwork.be