ms entreprise
Activems entreprise has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €180k and a net result of €37k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 70% of 27559 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability86▲+16
Solvency91▲+5
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 3.44 against 3.09 in 2024; short-term debt: 21.9% and cash: 26.1% of total assets), and 34.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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
65.8%
Return on assets
13.6%
Age of the figures
9 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 26-08-2026, 26 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
26 d late
2024
28 d late
2023
68 d late
2022
22 d late
2021
108 d late
2020
61 d late
2019
55 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€180k▲ 26.1%
2024 · €143k
2018: €103k
2019: €108k
2020: €109k
2021: €101k
2022: €114k
2023: €140k
2024: €143k
2018 → 2025
Total assets
€273k▲ 16.7%
2024 · €234k
2018: €332k
2019: €291k
2020: €264k
2021: €238k
2022: €239k
2023: €273k
2024: €234k
2018 → 2025
Net result
€37k▲ 1,238%
2024 · €3k
2018: €11k
2019: €7k
2020: €1k
2021: €-8k
2022: €13k
2023: €26k
2024: €3k
2018 → 2025
Working capital
€146k▲ 55.7%
2024 · €94k
2018: €71k
2019: €75k
2020: €80k
2021: €60k
2022: €78k
2023: €88k
2024: €94k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€101k-€114k▲ 13.0%€140k▲ 22.6%€143k▲ 2.0%€180k▲ 26.1%
Operating result€-3k-€22k€36k▲ 63.3%€3k▼ 91.2%€60k▲ 1,779%
Net result€-8k-€13k€26k▲ 96.1%€3k▼ 89.2%€37k▲ 1,238%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1,779% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €273k
Fixed assets
€67k▼ 29.3%
Current assets
€206k▲ 48.4%
Equity and liabilities €273k
Equity
€180k▲ 26.1%
Debt
€93k▲ 2.2%
The debt ratio falls from 39.0% to 34.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€67k▲
2024 · €21k
Cash flow
€45k▲
2024 · €20k
Solvency
65.8%▲
2024 · 61.0%
Current ratio
3.44▲
2024 · 3.09
Quick ratio
3.44▲
2024 · 3.09
Debt / equity
0.52▼
2024 · 0.64
ROE
20.7%▲
2024 · 1.9%
ROA
13.6%▲
2024 · 1.2%
Interest coverage
16.87▲
2024 · 7.86
Debt
€93k▲
2024 · €91k
Debt ≤ 1 year
€60k▲
2024 · €45k
Debt > 1 year
€34k▼
2024 · €46k
Income taxes
€24k▲
2024 · €2k
Staff costs
€53k▲
2024 · €45k
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€234k€273k▲
Fixed assets21/28€95k€67k▼
Tangible fixed assets22/27€94k€66k▼
Land and buildings22€69k€64k▼
Furniture and vehicles24€25k€2k▼
Financial fixed assets28€2k€2k=
Current assets29/58€139k€206k▲
Amounts receivable within one year40/41€111k€119k▲
Trade receivables40€25k€15k▼
Other amounts receivable41€86k€104k▲
Cash at bank and in hand54/58€25k€71k▲
Deferred charges and accrued income490/1€2k€15k▲
Equity and liabilities
Total equity and liabilities10/49€234k€273k▲
Equity10/15€143k€180k▲
Contributions10/11€19k€19k=
Reserves13€90k€128k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€89k€126k▲
Profit (loss) carried forward14€34k€34k=
Amounts payable17/49€91k€93k▲
Amounts payable after more than one year17€46k€34k▼
Financial debts170/4€46k€34k▼
Amounts payable within one year42/48€45k€60k▲
Current portion of amounts payable after more than one year42€11k€8k▼
Trade debts44€12k€13k▲
Suppliers440/4€12k€13k▲
Taxes, remuneration and social security45€22k€38k▲
Taxes450/3€19k€32k▲
Remuneration and social security454/9€2k€7k▲
Other amounts payable47/48€150€150=
Income statement
Code20242025
Non-recurring operating income76A€5k€7k▲
Remuneration, social security and pensions62€45k€53k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€7k▼
Other operating charges640/8€4k€2k▼
Non-recurring operating charges66A-€9k
Gross operating margin9900€69k€131k▲
Operating profit (loss)9901€3k€60k▲
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€5k€61k▲
Income taxes67/77€2k€24k▲
Profit (loss) for the period9904€3k€37k▲
Profit (loss) for the period to be appropriated9905€3k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€71k▲
Profit (loss) brought forward from the previous period14P€31k€34k▲
Transfer to equity691/2-€37k
To the legal reserve6920-€37k
The notes to these accounts (11 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Highest result since 2018net €37k ▲1238%
Operating result €60k, net result €37k, both a record.
31-12
Financial
Equity above €150kEq €180k ▲26.1%
4 profitable years in a row build equity to €180k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 108 days late
2021
31-12
Financial
Weakest financial yearnet €-8k ▼835%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 55 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Vorst · 1 establishment unit since 2001
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.
Belgradostraat 91190 VorstGround area
361 m²
Parcel 21007A0017/00Y008, Brussels. Linked by address, not a title deed.
1 establishment unit
Belgradostraat 9, 1190 Vorst
since 20012.098.071.792
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0017/00Y008 | Brussels | 361 m² | - | - |
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
V-DECOR
BE 0464.771.045
Ieper · Eq €180k
INTERTEC
BE 0465.128.856
Brugge · Eq €179k
FRÉDÉRIC SMET
BE 0847.784.552
Sint-Niklaas · Eq €179k
DE LOOSE
BE 0464.657.417
Londerzeel · Eq €180k
K. DECOR
BE 0882.738.305
Hasselt · Eq €180k
Of 7,862 companies in sector 43341 we hold annual accounts for 2,664. 2,110 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-04-2001
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
45441
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.