IQ-KBE
ActiveIQ-KBE has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.07M and a net result of €-92k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 72% of 416 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability45▼-9
Solvency83▲+2
Growth52▼-14
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity short (current ratio 0.61 against 0.71 in 2024; short-term debt: 41.3% and cash: 9.9% of total assets), and 42.5% 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 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-92k
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 19-01-2026, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
12 d early
2024
51 d early
2023
21 d early
2022
35 d early
2021
30 d early
2020
24 d early
2019
13 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, full schema
Turnover
€1.28M▼ 56.0%
2024 · €2.91M
2018: €2.48M
2019: €2.81M
2020: €835k
2021: €1.16M
2022: €2.66M
2023: €2.96M
2024: €2.91M
2018 → 2025
EBIT margin
-6.5%▼ 4.2pp
2024 · -2.3%
2018: -17.1%
2019: -6.6%
2020: -118.3%
2021: -27.8%
2022: -5.1%
2023: -2.3%
2024: -2.3%
2018 → 2025
Net result
€-92k▼ 10.1%
2024 · €-84k
2018: €-485k
2019: €-226k
2020: €-1.03M
2021: €-363k
2022: €-170k
2023: €-87k
2024: €-84k
2018 → 2025
Working capital
€-297k▼ 18.0%
2024 · €-251k
2018: €-856k
2019: €-871k
2020: €-1.71M
2021: €-3.12M
2022: €35k
2023: €-377k
2024: €-251k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.16M-€2.66M▲ 129%€2.96M▲ 11.2%€2.91M▼ 1.8%€1.28M▼ 56.0%
Equity€-1.66M-€1.33M€1.24M▼ 6.6%€1.16M▼ 6.7%€1.07M▼ 7.9%
Operating result€-323k-€-135k▲ 58.3%€-70k▲ 48.4%€-67k▲ 3.1%€-84k▼ 24.1%
Net result€-363k-€-170k▲ 53.2%€-87k▲ 48.6%€-84k▲ 4.3%€-92k▼ 10.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €84k in 2025 against €67k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.86M
Fixed assets
€1.39M▼ 5.4%
Current assets
€469k▼ 24.0%
Equity and liabilities €1.86M
Equity
€1.07M▼ 7.9%
Debt
€788k▼ 14.7%
The debt ratio falls from 44.3% to 42.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▼
2024 · €110k
Cash flow
€-2k▼
2024 · €94k
Solvency
57.5%▲
2024 · 55.7%
Current ratio
0.61▼
2024 · 0.71
Quick ratio
0.60▼
2024 · 0.69
Debt / equity
0.74▼
2024 · 0.80
ROE
-8.6%▼
2024 · -7.2%
ROA
-5.0%▼
2024 · -4.0%
Interest coverage
5.23▼
2024 · 39.22
Debt
€788k▼
2024 · €923k
Debt ≤ 1 year
€766k▼
2024 · €869k
Income taxes
€81▼
2024 · €372
Staff costs
€574k▼
2024 · €1.08M
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€2.08M€1.86M▼
Fixed assets21/28€1.47M€1.39M▼
Tangible fixed assets22/27€1.44M€1.36M▼
Plant, machinery and equipment23€303k€277k▼
Furniture and vehicles24€57k€50k▼
Other tangible fixed assets26€1.08M€1.04M▼
Financial fixed assets28€21k€21k=
Other financial fixed assets284/8€21k€21k=
Amounts receivable and cash guarantees285/8€21k€21k=
Current assets29/58€617k€469k▼
Stocks and contracts in progress3€16k€10k▼
Stocks30/36€16k€10k▼
Goods purchased for resale34€16k€10k▼
Amounts receivable within one year40/41€268k€258k▼
Trade receivables40€268k€258k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€323k€183k▼
Deferred charges and accrued income490/1€10k€18k▲
Equity and liabilities
Total equity and liabilities10/49€2.08M€1.86M▼
Equity10/15€1.16M€1.07M▼
Contributions10/11€1.50M€1.50M=
Capital10€1.50M€1.50M=
Issued capital100€1.50M€1.50M=
Profit (loss) carried forward14€-341k€-433k▼
Amounts payable17/49€923k€788k▼
Amounts payable within one year42/48€869k€766k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€615k€540k▼
Suppliers440/4€615k€540k▼
Advances received on contracts in progress46€68k€51k▼
Taxes, remuneration and social security45€186k€175k▼
Taxes450/3€58k€10k▼
Remuneration and social security454/9€129k€166k▲
Accrued charges and deferred income492/3€55k€22k▼
Income statement
Code20242025
Operating income70/76A€3.13M€1.44M▼
Turnover70€2.91M€1.28M▼
Other operating income74€216k€157k▼
Non-recurring operating income76A€7k€2k▼
Operating charges60/66A€3.20M€1.52M▼
Goods for resale, raw materials and consumables60€245k€101k▼
Purchases600/8€250k€95k▼
Change in stocks: decrease (increase)609€-4k€6k▲
Services and other goods61€1.60M€716k▼
Remuneration, social security and pensions62€1.08M€574k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€178k€90k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€6k€4k▼
Other operating charges640/8€81k€37k▼
Non-recurring operating charges66A€9k€792▼
Operating profit (loss)9901€-67k€-84k▼
Financial income75/76B€1k€664▼
Recurring financial income75€1k€664▼
Other financial income752/9€1k€664▼
Financial charges65/66B€17k€9k▼
Recurring financial charges65€17k€9k▼
Debt charges650€3k€1k▼
Other financial charges652/9€14k€8k▼
Profit (loss) for the period before taxes9903€-83k€-92k▼
Income taxes67/77€372€81▼
Taxes670/3€372€81▼
Profit (loss) for the period9904€-84k€-92k▼
Profit (loss) for the period to be appropriated9905€-84k€-92k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-341k€-433k▼
Profit (loss) brought forward from the previous period14P€-257k€-341k▼
Social balance
Average headcount (FTE)908730.828.0▼
The notes to these accounts (56 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
19-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity times 7current ratio 1.03
Current ratio from 0.15 to 1.03; short-term debt falls from €3.68M to €1.07M.
31-12
Financial
Equity above €1MEq €1.33M
Equity rises from €-1.66M to €1.33M.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-1.03M
Net result drops to €-1.03M, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 13 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-04-2024
Resigned as Director
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2016
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.
Werkhuizenkaai 1631000 BrusselGround area
4.0 ha
Building footprint
2.1 ha
Volume, LiDAR
402,000 m³
Parcel 21813F0608/00M000, Brussels · tallest building 30.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
IQ-KBE
since 20162.252.895.076
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813F0608/00M000 | Brussels | 4.0 ha | 1 · 2.1 ha | 30.4 m · 6 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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyBrussel2.252.895.076
Similar companies · same sector, comparable size
SPORTLAND
BE 0550.678.896
Blankenberge · Eq €1.01M
Tarzan & Jane
BE 0876.884.651
Heusden-Zolder · Eq €959k
O2XYGEN
BE 0477.153.094
Nazareth-De Pinte · Eq €951k
DE FIETSPLEKKE
BE 0647.671.176
Wervik · Eq €945k
Speelmijntje Boechout
BE 0728.729.128
Boechout · Eq €909k
Of 183 companies in sector 93210 we hold annual accounts for 127. 78 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded11-04-2016
Fiscal year end30-06
Activities, NACEBEL
93210Sports, amusement and recreation activities
93212Sports, amusement and recreation activities
46190Agents in non-specialised wholesale trade
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
82990Other business support services
93199Other sports activities
93293Sports, amusement and recreation activities
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.