KX CONCEPT
ActiveKX CONCEPT has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109k and a net result of €12k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 38% of 186 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+16
Solvency84▲+6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 2.61 against 2.64 in 2024), but 59.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 22
Relative position
BE, all sectors
reference
Sector 22
higher
← 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
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
40.3%
Return on assets
4.6%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €109k
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
50 d early
2023
72 d early
2022
32 d early
2021
62 d early
2020
47 d early
2019
35 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
12-09-2026 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
€12k▲ 60.1%
2024 · €8k
2018: €-17k
2019: €5k
2020: €21k
2021: €-8k
2022: €16k
2023: €-46k
2024: €8k
2018 → 2025
Working capital
€36k▼ 16.8%
2024 · €44k
2018: €-17k
2019: €9k
2020: €8k
2021: €28k
2022: €52k
2023: €15k
2024: €44k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€107k-€123k▲ 14.8%€78k▼ 37.1%€97k▲ 24.7%€109k▲ 12.7%
Operating result€2k-€24k▲ 1,067%€-37k€15k€24k▲ 59.9%
Net result€-8k-€16k€-46k€8k€12k▲ 60.1%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 60% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €270k
Fixed assets
€212k▲ 4.3%
Current assets
€59k▼ 16.1%
Equity and liabilities €270k
Equity
€109k▲ 12.7%
Debt
€161k▼ 8.5%
The debt ratio falls from 64.6% to 59.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€48k▲
2024 · €35k
Cash flow
€36k▲
2024 · €28k
Solvency
40.3%▲
2024 · 35.4%
Current ratio
2.61▼
2024 · 2.64
Quick ratio
1.21▼
2024 · 1.40
Debt / equity
1.48▼
2024 · 1.82
ROE
11.3%▲
2024 · 8.0%
ROA
4.6%▲
2024 · 2.8%
Interest coverage
6.75▲
2024 · 3.59
Debt
€161k▼
2024 · €176k
Debt ≤ 1 year
€23k▼
2024 · €27k
Debt > 1 year
€139k▼
2024 · €150k
Income taxes
€5k▲
2024 · €218
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€273k€270k▼
Fixed assets21/28€203k€212k▲
Intangible fixed assets21€2k€2k▼
Tangible fixed assets22/27€201k€210k▲
Land and buildings22€198k€180k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24-€29k
Financial fixed assets28€180-
Current assets29/58€70k€59k▼
Stocks and contracts in progress3€33k€32k▼
Stocks30/36€33k€32k▼
Amounts receivable within one year40/41€20k€13k▼
Trade receivables40€20k€11k▼
Other amounts receivable41-€2k
Cash at bank and in hand54/58€14k€9k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€273k€270k▼
Equity10/15€97k€109k▲
Contributions10/11€77k€77k=
Outside capital11€77k-
Share premium1100/10€77k-
Revaluation surpluses12€200k€200k=
Reserves13€18k€18k=
Tax-exempt reserves132€18k€18k=
Profit (loss) carried forward14€-199k€-187k▲
Amounts payable17/49€176k€161k▼
Amounts payable after more than one year17€150k€139k▼
Financial debts170/4€150k€139k▼
Amounts payable within one year42/48€27k€23k▼
Current portion of amounts payable after more than one year42€12k€12k▼
Trade debts44€665€5k▲
Suppliers440/4€665€5k▲
Taxes, remuneration and social security45€900€3k▲
Taxes450/3€900€3k▲
Other amounts payable47/48€13k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€24k▲
Other operating charges640/8€4k€8k▲
Non-recurring operating charges66A-€217
Gross operating margin9900€39k€56k▲
Operating profit (loss)9901€15k€24k▲
Financial income75/76B€3k€231▼
Recurring financial income75€3k€231▼
Financial charges65/66B€10k€7k▼
Recurring financial charges65€10k€7k▼
Profit (loss) for the period before taxes9903€8k€17k▲
Income taxes67/77€218€5k▲
Profit (loss) for the period9904€8k€12k▲
Profit (loss) for the period to be appropriated9905€8k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-199k€-187k▲
Profit (loss) brought forward from the previous period14P€-207k€-199k▲
The notes to these accounts (20 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
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €100kEq €109k ▲12.7%
2 profitable years in a row build equity to €109k.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
20-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-46k ▼387%
Net result drops to €-46k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €21k ▲312%
Operating result €30k, net result €21k, both a record.
31-12
Financial
Equity above €100kEq €116k ▲22.2%
2 profitable years in a row build equity to €116k.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-05
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Pepinster · 1 establishment unit since 1999
Ground area
696 m²
Building footprint
72 m²
Volume, LiDAR
520 m³
Parcel 63452D0069/00M000, Wallonia · tallest building 8.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Route de Peléeheid 2, 4860 Pepinster
since 19992.090.235.182
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63452D0069/00M000indicative | Wallonia | 696 m² | 1 · 72 m² | 8.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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 596 companies in sector 22260 we hold annual accounts for 278. 132 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-1999
Fiscal year end31-12
Activities, NACEBEL
22260Manufacture of rubber and plastic products
25240
73200Market research and public opinion polling
74131
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 10-09-2026. Scores and ratios are computed by Checked and are not a credit decision.