KEY EVOLUTION
ActiveKEY EVOLUTION has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €27k and a net result of €2k. Equity is growing by ~7.2% per year across the filed fiscal years. Its solvency ranks better than 56% of 1933 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability40▼-25
Solvency81▼-8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.27 against 2.76 in 2023; short-term debt: 44.1% and cash: 0% of total assets), and 44.1% 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 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
55.9%
Return on assets
3.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-07-2025, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
20 d early
2023
26 d late
2022
25 d late
2021
18 d late
2020
1 d early
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€27k▲ 7.2%
2023 · €25k
2018: €15k
2019: €19k
2020: €27k
2021: €25k
2022: €22k
2023: €25k
2018 → 2024
Total assets
€48k▲ 23.1%
2023 · €39k
2018: €20k
2019: €36k
2020: €51k
2021: €40k
2022: €34k
2023: €39k
2018 → 2024
Net result
€2k▼ 37.4%
2023 · €3k
2018: €2k
2019: €5k
2020: €8k
2021: €-938
2022: €-3k
2023: €3k
2018 → 2024
Working capital
€27k▲ 9.6%
2023 · €25k
2018: €14k
2019: €18k
2020: €26k
2021: €23k
2022: €21k
2023: €25k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€27k-€25k▼ 6.5%€22k▼ 11.9%€25k▲ 12.9%€27k▲ 7.2%
Operating result€8k-€-2k€-2k▼ 56.2%€3k€3k▼ 11.8%
Net result€8k-€-938€-3k▼ 219%€3k€2k▼ 37.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 12% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €48k
Equity
€27k▲ 7.2%
Debt
€21k▲ 51.8%
The debt ratio rises from 35.8% to 44.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▼
2023 · €4k
Cash flow
€2k▼
2023 · €4k
Solvency
55.9%▼
2023 · 64.2%
Current ratio
2.27▼
2023 · 2.76
Quick ratio
2.27▼
2023 · 2.76
Debt / equity
0.79▲
2023 · 0.56
ROE
6.7%▼
2023 · 11.4%
ROA
3.7%▼
2023 · 7.4%
Interest coverage
1.96▼
2023 · 4.45
Debt
€21k▲
2023 · €14k
Debt ≤ 1 year
€21k▲
2023 · €14k
Income taxes
€651▲
2023 · €357
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€39k€48k▲
Fixed assets21/28€566€0▼
Tangible fixed assets22/27€566€0▼
Furniture and vehicles24€566€0▼
Current assets29/58€38k€48k▲
Amounts receivable after more than one year29€25k€20k▼
Other amounts receivable291€25k€20k▼
Amounts receivable within one year40/41€9k€28k▲
Trade receivables40€6k€7k▲
Other amounts receivable41€3k€21k▲
Cash at bank and in hand54/58€5k€0▼
Equity and liabilities
Total equity and liabilities10/49€39k€48k▲
Equity10/15€25k€27k▲
Contributions10/11€13k€13k=
Reserves13€1k€1k▲
Non-distributable reserves130/1€1k€1k▲
Reserves not available under the articles1311€1k€1k▲
Profit (loss) carried forward14€12k€13k▲
Amounts payable17/49€14k€21k▲
Amounts payable within one year42/48€14k€21k▲
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€9k€11k▲
Suppliers440/4€9k€11k▲
Taxes, remuneration and social security45€5k€9k▲
Taxes450/3€5k€9k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€757€566▼
Other operating charges640/8€2k€188▼
Gross operating margin9900€6k€4k▼
Operating profit (loss)9901€3k€3k▼
Financial income75/76B€808€1k▲
Recurring financial income75€808€1k▲
Financial charges65/66B€922€2k▲
Recurring financial charges65€922€2k▲
Profit (loss) for the period before taxes9903€3k€2k▼
Income taxes67/77€357€651▲
Profit (loss) for the period9904€3k€2k▼
Profit (loss) for the period to be appropriated9905€3k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€13k▲
Profit (loss) brought forward from the previous period14P€9k€12k▲
Transfer to equity691/2€200€100▼
To the legal reserve6920€200€100▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €8k ▲55.2%
Operating result €8k, net result €8k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
08-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
22-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 53 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 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, Braine-l'Alleud · 1 establishment unit since 2004
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 Maréchal Ney 271420 Braine-l'AlleudGround area
120 m²
Building footprint
53 m²
Volume, LiDAR
565 m³
Parcel 25742A0447/00D000, Wallonia · tallest building 12.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Key Evolution
since 20042.155.572.701
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25742A0447/00D000 | Wallonia | 119 m² | 1 · 53 m² | 12.1 m · 4 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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LOUVRANGES BROADCAST
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LTS 2084
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Of 484 companies in sector 59112 we hold annual accounts for 247. 192 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-09-2004
Fiscal year end31-12
Activities, NACEBEL
59112Motion picture, video and television programme production, sound recording and music publishing activities
59113Video and film production, excluding cinema and television films
59120Post-production of films, video and television programmes
60200Programming, broadcasting, news agency and other content distribution activities
74201Photography, excluding press photography
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.