L'ACTION
ActiveSummary
L'ACTION has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €438,151 and a net result of €74,206. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 50% of 49 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▼-5
Solvency78▲+8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.04 in 2024; short-term debt: 19% and cash: 0.7% of total assets), and 47.4% of the assets are financed with debt.
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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 36
Relative position
BE, all sectors
reference
Water collection, treatment and supply (NACE 36)
about 28% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
52.6%
Return on assets
8.9%
Age of the figures
9 mo
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €438,151
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 11-05-2026, 81 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
81 d early
2024
42 d early
2023
1 d early
2022
26 d early
2021
132 d early
2020
102 d early
2019
59 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 63 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
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. Usually files around 19 June (4 of the last 5 filed years within 42 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€74,206▼ 32.0%
2024 · €109,140
Working capital
€68,798▲ 861%
2024 · €7,160
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€49,234▼ 12.0%€92,524▲ 87.9%€113,905▲ 23.1%€152,060▲ 33.5%€100,735▼ 33.8%
Net result€37,016▼ 10.6%-€8,146€84,232€109,140▲ 29.6%€74,206▼ 32.0%
Equity€395,753▼ 1.1%€303,011▼ 23.4%€302,647▼ 0.1%€368,541▲ 21.8%€438,151▲ 18.9%
Total assets€992,264▼ 7.3%€851,025▼ 14.2%€944,610▲ 11.0%€824,883▼ 12.7%€832,887▲ 1.0%
Debt€596,511▼ 10.9%€548,014▼ 8.1%€623,925▲ 13.9%€456,342▼ 26.9%€394,736▼ 13.5%
Working capital-€66,852▼ 47.0%-€28,265▲ 57.7%-€26,635▲ 5.8%€7,160€68,798▲ 861%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €832,887
Fixed assets
€605,638 ▼ 7.6%
Current assets
€227,249 ▲ 34.4%
Equity and liabilities €832,887
Equity
€438,151 ▲ 18.9%
Debt
€394,736 ▼ 13.5%
Debt's share of the balance-sheet total falls from 55.3% to 47.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€150,888▼
2024 · €203,383
Cash flow
€124,359▼
2024 · €160,463
Current ratio
1.43▲
2024 · 1.04
Debt to equity
0.90▼
2024 · 1.24
ROE
16.9%▼
2024 · 29.6%
ROA
8.9%▼
2024 · 13.2%
Interest coverage
35.37▼
2024 · 51.30
Debt ≤ 1 year
€158,452▼
2024 · €161,933
Debt > 1 year
€228,784▼
2024 · €294,408
Income taxes
€27,342▼
2024 · €44,683
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,810 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €47,007 | €48,178 | €51,251 | €51,323 | €50,152 | ▼ 2.3% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | €18,038 | -€18,038 | - | - |
| Other operating charges640/8 | - | €8,078 | €8,069 | €34,639 | €9,047 | ▼ 73.9% |
| Gross operating margin9900 | €98,260 | €148,781 | €191,264 | €219,984 | €159,935 | ▼ 27.3% |
| Operating profit (loss)9901 | €49,234 | €92,524 | €113,905 | €152,060 | €100,735 | ▼ 33.8% |
| Financial income75/76B | - | €4,597 | €55,791 | €5,727 | €5,079 | ▼ 11.3% |
| Recurring financial income75 | €4,596 | €4,597 | €55,791 | €5,727 | €5,079 | ▼ 11.3% |
| Financial charges65/66B | - | €84,625 | €54,358 | €3,964 | €4,266 | ▲ 7.6% |
| Recurring financial charges65 | €5,491 | €84,625 | €54,358 | €3,964 | €4,266 | ▲ 7.6% |
| Profit (loss) for the period before taxes9903 | €48,339 | €12,496 | €115,339 | €153,823 | €101,548 | ▼ 34.0% |
| Income taxes67/77 | €11,323 | €20,642 | €31,106 | €44,683 | €27,342 | ▼ 38.8% |
| Profit (loss) for the period9904 | €37,016 | -€8,146 | €84,232 | €109,140 | €74,206 | ▼ 32.0% |
| Profit (loss) for the period to be appropriated9905 | €37,016 | -€8,146 | €84,232 | €109,140 | €74,206 | ▼ 32.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €992,264 | €851,025 | €944,610 | €824,883 | €832,887 | ▲ 1.0% |
| Fixed assets21/28 | €951,308 | €756,126 | €707,113 | €655,790 | €605,638 | ▼ 7.6% |
| Tangible fixed assets22/27 | €791,734 | €756,126 | €707,113 | €655,790 | €605,638 | ▼ 7.6% |
| Land and buildings22 | - | €744,726 | €699,904 | €652,771 | €605,638 | ▼ 7.2% |
| Furniture and vehicles24 | - | €11,400 | €7,210 | €3,019 | - | - |
| Financial fixed assets28 | €159,574 | - | - | - | - | - |
| Current assets29/58 | €40,957 | €94,899 | €237,497 | €169,093 | €227,249 | ▲ 34.4% |
| Amounts receivable after more than one year29 | - | - | €35,355 | - | - | - |
| Trade receivables290 | - | - | €35,355 | - | - | - |
| Amounts receivable within one year40/41 | €16,414 | €24,982 | €188,800 | €166,175 | €220,540 | ▲ 32.7% |
| Trade receivables40 | - | €18,726 | €6,000 | - | €20,075 | - |
| Other amounts receivable41 | - | €6,256 | €182,800 | €166,175 | €200,465 | ▲ 20.6% |
| Cash at bank and in hand54/58 | €23,337 | €9,736 | €13,151 | €1,060 | €5,915 | ▲ 458% |
| Deferred charges and accrued income490/1 | - | €60,182 | €191 | €1,858 | €794 | ▼ 57.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €992,264 | €851,025 | €944,610 | €824,883 | €832,887 | ▲ 1.0% |
| Equity10/15 | €395,753 | €303,011 | €302,647 | €368,541 | €438,151 | ▲ 18.9% |
| Contributions10/11 | - | €98,174 | €98,174 | €98,174 | €98,174 | = |
| Reserves13 | €136,467 | €136,467 | €133,733 | €204,223 | €278,429 | ▲ 36.3% |
| Non-distributable reserves130/1 | - | €17,817 | - | - | - | - |
| Reserves not available under the articles1311 | - | €17,817 | - | - | - | - |
| Distributable reserves133 | - | €118,650 | €133,733 | €204,223 | €278,429 | ▲ 36.3% |
| Profit (loss) carried forward14 | €1,179 | -€6,967 | - | - | - | - |
| Investment grants15 | - | €75,336 | €70,740 | €66,144 | €61,548 | ▼ 6.9% |
| Provisions and deferred taxes16 | - | - | €18,038 | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | €18,038 | - | - | - |
| Other liabilities and charges164/5 | - | - | €18,038 | - | - | - |
| Amounts payable17/49 | €596,511 | €548,014 | €623,925 | €456,342 | €394,736 | ▼ 13.5% |
| Amounts payable after more than one year17 | €487,718 | €423,865 | €359,437 | €294,408 | €228,784 | ▼ 22.3% |
| Financial debts170/4 | - | €423,865 | €359,437 | €294,408 | €228,784 | ▼ 22.3% |
| Amounts payable within one year42/48 | €107,808 | €123,164 | €264,132 | €161,933 | €158,452 | ▼ 2.2% |
| Current portion of amounts payable after more than one year42 | - | €63,853 | €64,428 | €90,029 | €90,624 | ▲ 0.7% |
| Trade debts44 | €5,856 | €24,495 | €53,830 | €17,333 | €5,542 | ▼ 68.0% |
| Suppliers440/4 | - | €24,495 | €53,830 | €17,333 | €5,542 | ▼ 68.0% |
| Taxes, remuneration and social security45 | - | €21,433 | €35,427 | €37,124 | €32,830 | ▼ 11.6% |
| Taxes450/3 | - | €18,206 | €32,097 | €37,124 | €32,830 | ▼ 11.6% |
| Remuneration and social security454/9 | - | €3,227 | €3,330 | - | - | - |
| Other amounts payable47/48 | - | €13,384 | €110,447 | €17,448 | €29,455 | ▲ 68.8% |
| Accrued charges and deferred income492/3 | - | €985 | €356 | - | €7,500 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,016 | -€8,146 | €84,232 | €109,140 | €74,206 | ▼ 32.0% |
| + Depreciation and write-downs630 | €47,007 | €48,178 | €51,251 | €51,323 | €50,152 | ▼ 2.3% |
| Operating cash flow (approximation) | €84,023 | €40,032 | €135,484 | €160,463 | €124,359 | ▼ 22.5% |
| Investment in fixed assets (approximation) | - | €147,003 | -€2,238 | €0 | €0 | - |
| Change in cash | - | -€13,601 | €3,415 | -€12,091 | €4,855 | ▲ 140% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €109,140 ▲29.6%
Operating result €152,060, net result €109,140, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €84,232
Net result €84,232 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet -€8,146
Net result drops to -€8,146, the lowest in the series; recovery starts the following year.
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
20-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
10-04
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 7 acts read
About the unread acts
We know of 7 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
7 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, Sprimont · 1 establishment unit since 2014
Ground area
4,793 m²
Building footprint
116 m²
Volume, LiDAR
753 m³
2 parcels, Wallonia · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
L'ACTION
since 20142.235.073.901
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62067E1226/00C000 | Wallonia | 2,444 m² | - | - |
| 61014B0686/00X014 | Wallonia | 2,349 m² | 1 · 116 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
99%
According to the 2025 annual accounts of L'ACTION and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 135 companies in sector 36000 we hold annual accounts for 69. 32 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-08-2014
Fiscal year end31-12
Activities, NACEBEL 2025
36000Water collection, treatment and supply
43221Plumbing work
46842Wholesale trade
46851Wholesale of industrial chemicals
47527Retail trade
47783Retail trade
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0559857769
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.