ML FIREWORKS
ActiveML FIREWORKS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €301k and a net result of €28k. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 67% of 11195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▼-26
Solvency99=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.82 against 2.63 in 2024), and 36.6% 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 · 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
63.4%
Return on assets
5.9%
Age of the figures
15 mo
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 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
21 d early
2023
on the day
2022
on the day
2021
6 d early
2020
2 d early
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close15-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€301k▲ 10.4%
2024 · €272k
2019: €69k
2020: €80k
2021: €79k
2022: €139k
2023: €232k
2024: €272k
2019 → 2025
Total assets
€474k▲ 11.3%
2024 · €426k
2019: €320k
2020: €547k
2021: €302k
2022: €324k
2023: €460k
2024: €426k
2019 → 2025
Net result
€28k▼ 29.3%
2024 · €40k
2019: €8k
2020: €11k
2021: €-1k
2022: €61k
2023: €93k
2024: €40k
2019 → 2025
Working capital
€192k▲ 22.5%
2024 · €156k
2019: €4k
2020: €23k
2021: €59k
2022: €110k
2023: €218k
2024: €156k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€79k-€139k▲ 77.2%€232k▲ 66.9%€272k▲ 17.2%€301k▲ 10.4%
Operating result€2k-€88k▲ 4,652%€139k▲ 58.3%€61k▼ 56.2%€46k▼ 24.6%
Net result€-1k-€61k€93k▲ 53.6%€40k▼ 57.2%€28k▼ 29.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €474k
Fixed assets
€177k▲ 2.1%
Current assets
€297k▲ 17.6%
Equity and liabilities €474k
Equity
€301k▲ 10.4%
Debt
€174k▲ 13.0%
The debt ratio rises from 36.1% to 36.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€96k▲
2024 · €91k
Cash flow
€78k▲
2024 · €69k
Solvency
63.4%▼
2024 · 63.9%
Current ratio
2.82▲
2024 · 2.63
Quick ratio
2.46▲
2024 · 2.28
Debt / equity
0.58▲
2024 · 0.56
ROE
9.4%▼
2024 · 14.6%
ROA
5.9%▼
2024 · 9.4%
Interest coverage
23.51▼
2024 · 31.96
Debt
€174k▲
2024 · €154k
Debt ≤ 1 year
€105k▲
2024 · €96k
Debt > 1 year
€68k▲
2024 · €58k
Income taxes
€14k▼
2024 · €18k
Staff costs
€51k▲
2024 · €49k
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€426k€474k▲
Fixed assets21/28€173k€177k▲
Tangible fixed assets22/27€173k€177k▲
Land and buildings22€26k€20k▼
Plant, machinery and equipment23€35k€64k▲
Furniture and vehicles24€112k€94k▼
Current assets29/58€253k€297k▲
Stocks and contracts in progress3€34k€38k▲
Stocks30/36€34k€38k▲
Amounts receivable within one year40/41€25k€24k▼
Trade receivables40€10k€11k▲
Other amounts receivable41€16k€14k▼
Cash at bank and in hand54/58€190k€229k▲
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€426k€474k▲
Equity10/15€272k€301k▲
Contributions10/11€19k€19k=
Reserves13€254k€282k▲
Distributable reserves133€254k€282k▲
Amounts payable17/49€154k€174k▲
Amounts payable after more than one year17€58k€68k▲
Financial debts170/4-€11k
Other amounts payable178/9€58k€58k=
Amounts payable within one year42/48€96k€105k▲
Current portion of amounts payable after more than one year42€21k€29k▲
Trade debts44€45k€34k▼
Suppliers440/4€45k€34k▼
Taxes, remuneration and social security45€11k€15k▲
Taxes450/3€2k€8k▲
Remuneration and social security454/9€9k€7k▼
Other amounts payable47/48€19k€27k▲
Income statement
Code20242025
Non-recurring operating income76A€6k-
Remuneration, social security and pensions62€49k€51k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€50k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€2k-
Gross operating margin9900€143k€148k▲
Operating profit (loss)9901€61k€46k▼
Financial income75/76B-€167
Recurring financial income75-€167
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€58k€42k▼
Income taxes67/77€18k€14k▼
Profit (loss) for the period9904€40k€28k▼
Profit (loss) for the period to be appropriated9905€40k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€40k€28k▼
Transfer to equity691/2€40k€28k▼
To other reserves6921€40k€28k▼
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
Next filing, fiscal year 2026, expected by
2026
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €93k ▲53.6%
Operating result €139k, net result €93k, both a record.
30-06
Financial
Equity above €200kEq €232k ▲66.9%
2 profitable years in a row build equity to €232k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Back to profitnet €61k
Net result €61k after one loss-making year.
30-06
Financial
Equity above €100kEq €139k ▲77.2%
Equity rises from €79k to €139k.
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Weakest financial yearnet €-1k ▼112%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Lanaken · 1 establishment unit since 2005
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.
Maastrichterweg 2393620 LanakenGround area
1,475 m²
Building footprint
235 m²
Volume, LiDAR
1,156 m³
Parcel 73042B0267/00F000, Flanders · tallest building 9.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ML FIREWORKS
since 20052.148.946.215
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73042B0267/00F000 | Flanders | 1,475 m² | 1 · 235 m² | 9.9 m · 1 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.
Similar companies · same sector, comparable size
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GROUP AZUR
BE 0473.919.927
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International Packaging Business Holding
BE 0540.757.875
Oud-Turnhout · Eq €297k
Gamma Publicity
BE 0436.340.543
Heist-op-den-Berg · Eq €296k
SOBELPAP
BE 0444.295.830
Soignies · Eq €307k
Of 1,163 companies in sector 46499 we hold annual accounts for 737. 558 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2005
Fiscal year end30-06
Activities, NACEBEL
46499Wholesale of other household goods
47789Other retail sale of new goods
51478
46220Wholesale trade
47631Retail trade
47761Retail sale of flowers, plants, seeds and fertilisers
47783Retail trade
52483
52491
52498
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.drutti-vuurwerk.be
E-mail:drutti.planten@telenet.be