K FORMATION
ActiveK FORMATION has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €146k and a net result of €23k. Equity is growing by ~16.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
71
/ 100
Healthy▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-4
Solvency65▲+4
Growth78=
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity short (current ratio 0.25 against 0.19 in 2024), and 38.4% 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 · 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
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
61.6%
Return on assets
9.8%
Age of the figures
8 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
12 d late
2023
47 d early
2022
4 d late
2021
19 d late
2020
31 d early
2019
91 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€146k▲ 18.9%
2024 · €123k
2018: €65k
2019: €57k
2020: €60k
2021: €79k
2022: €93k
2023: €102k
2024: €123k
2018 → 2025
Total assets
€237k▼ 5.0%
2024 · €250k
2018: €531k
2019: €409k
2020: €344k
2021: €318k
2022: €299k
2023: €274k
2024: €250k
2018 → 2025
Net result
€23k▲ 12.3%
2024 · €21k
2018: €5k
2019: €-8k
2020: €105
2021: €20k
2022: €13k
2023: €9k
2024: €21k
2018 → 2025
Working capital
€-43k▼ 5.7%
2024 · €-41k
2018: €23k
2019: €15k
2020: €11k
2021: €-19k
2022: €-26k
2023: €-38k
2024: €-41k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€79k-€93k▲ 16.7%€102k▲ 10.1%€123k▲ 20.3%€146k▲ 18.9%
Operating result€28k-€20k▼ 27.2%€17k▼ 18.5%€28k▲ 67.9%€35k▲ 24.3%
Net result€20k-€13k▼ 33.3%€9k▼ 29.6%€21k▲ 122%€23k▲ 12.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 24% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €237k
Fixed assets
€223k▼ 7.1%
Current assets
€14k▲ 45.1%
Equity and liabilities €237k
Equity
€146k▲ 18.9%
Debt
€91k▼ 28.2%
The debt ratio falls from 50.9% to 38.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€52k▲
2024 · €46k
Cash flow
€40k▲
2024 · €38k
Solvency
61.6%▲
2024 · 49.1%
Current ratio
0.25▲
2024 · 0.19
Quick ratio
0.25▲
2024 · 0.19
Debt / equity
0.62▼
2024 · 1.04
ROE
15.9%▼
2024 · 16.9%
ROA
9.8%▲
2024 · 8.3%
Interest coverage
14.07▲
2024 · 8.64
Debt
€91k▼
2024 · €127k
Debt ≤ 1 year
€58k▲
2024 · €51k
Debt > 1 year
€33k▼
2024 · €76k
Income taxes
€8k▲
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€250k€237k▼
Fixed assets21/28€240k€223k▼
Tangible fixed assets22/27€240k€223k▼
Land and buildings22€240k€223k▼
Current assets29/58€10k€14k▲
Amounts receivable within one year40/41€9k€14k▲
Other amounts receivable41€9k€14k▲
Cash at bank and in hand54/58€459€457▼
Deferred charges and accrued income490/1€311€247▼
Equity and liabilities
Total equity and liabilities10/49€250k€237k▼
Equity10/15€123k€146k▲
Contributions10/11€98k€98k=
Reserves13€42k€48k▲
Distributable reserves133€42k€48k▲
Profit (loss) carried forward14€-17k€57▲
Amounts payable17/49€127k€91k▼
Amounts payable after more than one year17€76k€33k▼
Financial debts170/4€76k€33k▼
Amounts payable within one year42/48€51k€58k▲
Current portion of amounts payable after more than one year42€41k€43k▲
Trade debts44€2k€781▼
Suppliers440/4€2k€781▼
Taxes, remuneration and social security45€2k€10k▲
Taxes450/3€2k€10k▲
Other amounts payable47/48€5k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€17k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€49k€56k▲
Operating profit (loss)9901€28k€35k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€23k€31k▲
Income taxes67/77€2k€8k▲
Profit (loss) for the period9904€21k€23k▲
Profit (loss) for the period to be appropriated9905€21k€23k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€6k▲
Profit (loss) brought forward from the previous period14P€-18k€-17k▲
Transfer to equity691/2€20k€6k▼
To other reserves6921€20k€6k▼
The notes to these accounts (10 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 · micro schema · 24 days late
2025
31-12
Financial
Highest result since 2018net €23k ▲12.3%
Operating result €35k, net result €23k, both a record.
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 12 days late
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €102k ▲10.1%
4 profitable years in a row build equity to €102k.
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 4 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €105
Net result €105 after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €-8k ▼260%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 90 days late
2017
24-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 116 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Dinant · 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.
Rue Moneau 1335500 DinantGround area
1,708 m²
Building footprint
221 m²
Volume, LiDAR
2,070 m³
2 parcels, Wallonia · tallest building 15.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
K Formation
since 20102.184.629.149
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91044A0216/02X000 | Wallonia | 1,513 m² | 1 · 137 m² | 8.4 m · 2 fl. |
| 91034F0326/00R000 | Wallonia | 195 m² | 1 · 83 m² | 15.5 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2010
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0477/26.23.21