INSTITUT PERFORMANCES
ActiveINSTITUT PERFORMANCES has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €-1k. Equity remains stable across the filed fiscal years (±2.5% per year). Its solvency ranks better than 91% of 296 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▼-16
Solvency100▲+22
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.36 against 1.02 in 2024; short-term debt: 15% and cash: 11.4% of total assets), and 15% 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 · 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
85%
Return on assets
-2.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
23 d late
2023
5 d late
2022
27 d late
2021
25 d late
2020
16 d late
2019
20 d late
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-1k
2024 · €8k
2018: €21k
2019: €16k
2020: €11k
2021: €11k
2022: €15k
2023: €22k
2024: €8k
2018 → 2025
Working capital
€10k▲ 1,274%
2024 · €699
2018: €19k
2019: €22k
2020: €13k
2021: €27k
2022: €31k
2023: €8k
2024: €699
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€55k=€55k=€41k▼ 25.0%€40k▼ 2.6%
Operating result€14k-€21k▲ 45.6%€30k▲ 42.6%€12k▼ 58.0%€-823
Net result€11k-€15k▲ 39.8%€22k▲ 43.9%€8k▼ 61.8%€-1k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €823 after €12k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47k
Fixed assets
€31k▼ 24.6%
Current assets
€17k▼ 55.8%
Equity and liabilities €47k
Equity
€40k▼ 2.6%
Debt
€7k▼ 80.9%
The debt ratio falls from 47.3% to 15.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9k▼
2024 · €22k
Cash flow
€9k▼
2024 · €18k
Solvency
85.0%▲
2024 · 52.7%
Current ratio
2.36▲
2024 · 1.02
Quick ratio
1.55▲
2024 · 0.85
Debt / equity
0.18▼
2024 · 0.90
ROE
-2.7%▼
2024 · 20.0%
ROA
-2.3%▼
2024 · 10.6%
Interest coverage
16.06▼
2024 · 40.55
Debt
€7k▼
2024 · €37k
Debt ≤ 1 year
€7k▼
2024 · €37k
Income taxes
€20▼
2024 · €4k
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€78k€47k▼
Fixed assets21/28€41k€31k▼
Tangible fixed assets22/27€41k€31k▼
Plant, machinery and equipment23€26k€20k▼
Furniture and vehicles24€14k€10k▼
Financial fixed assets28€53€53=
Current assets29/58€38k€17k▼
Stocks and contracts in progress3€6k€6k▼
Stocks30/36€6k€6k▼
Amounts receivable within one year40/41€6k€6k▼
Other amounts receivable41€6k€6k▼
Cash at bank and in hand54/58€26k€5k▼
Equity and liabilities
Total equity and liabilities10/49€78k€47k▼
Equity10/15€41k€40k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€23k€22k▼
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€21k€20k▼
Amounts payable17/49€37k€7k▼
Amounts payable within one year42/48€37k€7k▼
Trade debts44€894€2k▲
Suppliers440/4€894€2k▲
Taxes, remuneration and social security45€14k€5k▼
Taxes450/3€14k€5k▼
Other amounts payable47/48€22k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€23k€10k▼
Operating profit (loss)9901€12k€-823▼
Financial income75/76B€350€342▼
Recurring financial income75€350€342▼
Financial charges65/66B€550€570▲
Recurring financial charges65€550€570▲
Profit (loss) for the period before taxes9903€12k€-1k▼
Income taxes67/77€4k€20▼
Profit (loss) for the period9904€8k€-1k▼
Profit (loss) for the period to be appropriated9905€8k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-1k▼
Transfer from equity791/2€14k€1k▼
Profit to be distributed694/7€22k-
Return on contributions (dividend)694€22k-
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 24 days late
2025
31-12
Financial
Weakest financial yearnet €-1k ▼113%
Net result drops to €-1k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 2.36
Current ratio from 1.02 to 2.36; short-term debt falls from €37k to €7k.
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 23 days late
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 5 days late
2023
31-12
Financial
Highest result since 2018net €22k ▲43.9%
Operating result €30k, net result €22k, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 27 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 25 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 3.80
Current ratio from 1.72 to 3.80; short-term debt falls from €19k to €9k.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 16 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 6 days late
2017
26-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Verviers · 1 establishment unit since 1989
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.
Avenue de Thiervaux 1194802 VerviersGround area
1,004 m²
Building footprint
157 m²
Volume, LiDAR
1,134 m³
Parcel 63036A0517/00E003, Wallonia · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
G.H.
since 19892.045.824.624
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63036A0517/00E003 | Wallonia | 1,004 m² | 1 · 157 m² | 10.1 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 24,861 companies in sector 96220 we hold annual accounts for 1,440. 1,154 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-11-1989
Fiscal year end31-12
Activities, NACEBEL
93022
96022Beauty treatment
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.