nEYES
ActivenEYES has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €339k and a net result of €-95k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 71% of 10242 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency98▼-1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days only on tighter terms
Liquidity ample (current ratio 1.98 against 2.16 in 2024), and 41.8% 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
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 · 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 · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€95k
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 22-05-2026, 22 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
22 d late
2024
6 d early
2023
on the day
2022
2 d early
2021
2 d early
2020
1 d early
2019
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€339k▼ 21.8%
2024 · €434k
2018: €183k
2019: €217k
2020: €267k
2021: €412k
2022: €459k
2023: €503k
2024: €434k
2018 → 2025
Total assets
€583k▼ 18.2%
2024 · €713k
2018: €313k
2019: €358k
2020: €408k
2021: €677k
2022: €877k
2023: €896k
2024: €713k
2018 → 2025
Net result
€-95k▼ 172%
2024 · €-35k
2018: €59k
2019: €34k
2020: €51k
2021: €144k
2022: €47k
2023: €74k
2024: €-35k
2018 → 2025
Working capital
€230k▼ 24.7%
2024 · €305k
2018: €169k
2019: €206k
2020: €260k
2021: €380k
2022: €383k
2023: €405k
2024: €305k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€412k-€459k▲ 11.4%€503k▲ 9.7%€434k▼ 13.7%€339k▼ 21.8%
Operating result€215k-€84k▼ 60.8%€113k▲ 34.2%€-34k€-87k▼ 161%
Net result€144k-€47k▼ 67.4%€74k▲ 57.9%€-35k€-95k▼ 172%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €87k in 2025 against €34k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €583k
Fixed assets
€120k▼ 17.4%
Current assets
€464k▼ 18.5%
Equity and liabilities €583k
Equity
€339k▼ 21.8%
Debt
€244k▼ 12.6%
The debt ratio rises from 39.1% to 41.8%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-39k▼
2024 · €7k
Cash flow
€-47k▼
2024 · €5k
Solvency
58.2%▼
2024 · 60.9%
Current ratio
1.98▼
2024 · 2.16
Quick ratio
0.49▼
2024 · 0.56
Debt / equity
0.72▲
2024 · 0.64
ROE
-28.0%▼
2024 · -8.0%
ROA
-16.3%▼
2024 · -4.9%
Interest coverage
-3.56▼
2024 · 1.00
Debt
€244k▼
2024 · €279k
Debt ≤ 1 year
€234k▼
2024 · €263k
Debt > 1 year
€10k▼
2024 · €16k
Income taxes
€746▲
2024 · €583
Staff costs
€240k▲
2024 · €240k
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€713k€583k▼
Fixed assets21/28€145k€120k▼
Intangible fixed assets21€111k€98k▼
Tangible fixed assets22/27€31k€20k▼
Furniture and vehicles24€12k€6k▼
Leasing and similar rights25€20k€14k▼
Financial fixed assets28€2k€2k=
Current assets29/58€569k€464k▼
Stocks and contracts in progress3€421k€349k▼
Stocks30/36€421k€349k▼
Amounts receivable within one year40/41€134k€88k▼
Trade receivables40€115k€83k▼
Other amounts receivable41€19k€5k▼
Cash at bank and in hand54/58€848€1k▲
Deferred charges and accrued income490/1€13k€25k▲
Equity and liabilities
Total equity and liabilities10/49€713k€583k▼
Equity10/15€434k€339k▼
Contributions10/11€19k€19k=
Reserves13€450k€321k▼
Distributable reserves133€450k€321k▼
Profit (loss) carried forward14€-35k-
Amounts payable17/49€279k€244k▼
Amounts payable after more than one year17€16k€10k▼
Financial debts170/4€16k€10k▼
Amounts payable within one year42/48€263k€234k▼
Current portion of amounts payable after more than one year42€6k€6k▲
Financial debts43€23k€16k▼
Credit institutions430/8€23k€16k▼
Trade debts44€113k€73k▼
Suppliers440/4€113k€73k▼
Taxes, remuneration and social security45€68k€56k▼
Taxes450/3€40k€14k▼
Remuneration and social security454/9€27k€41k▲
Other amounts payable47/48€53k€83k▲
Income statement
Code20242025
Non-recurring operating income76A€7k-
Remuneration, social security and pensions62€240k€240k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€48k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€250k€204k▼
Operating profit (loss)9901€-34k€-87k▼
Financial income75/76B€6k€4k▼
Recurring financial income75€6k€4k▼
Financial charges65/66B€7k€11k▲
Recurring financial charges65€7k€11k▲
Profit (loss) for the period before taxes9903€-34k€-94k▼
Income taxes67/77€583€746▲
Profit (loss) for the period9904€-35k€-95k▼
Profit (loss) for the period to be appropriated9905€-35k€-95k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€-130k▼
Profit (loss) brought forward from the previous period14P-€-35k
Transfer from equity791/2€34k€130k▲
Profit to be distributed694/7€34k-
Directors or managers695€34k-
Social balance
Average headcount (FTE)90874.13.7▼
The notes to these accounts (12 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
22-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 22 days late
2025
30-09
Financial
Weakest financial yearnet €-95k
Net result drops to €-95k, the lowest in the series.
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Equity above €500kEq €503k ▲9.7%
6 profitable years in a row build equity to €503k.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Highest result since 2018net €144k ▲186%
Operating result €215k, net result €144k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Equity above €200kEq €217k ▲18.6%
2 profitable years in a row build equity to €217k.
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Balen · 1 establishment unit since 2014
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.
Molsesteenweg 832490 BalenGround area
1,199 m²
Building footprint
354 m²
Volume, LiDAR
2,762 m³
Parcel 13003A1120/00T000, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
nEYES
since 20142.236.819.901
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003A1120/00T000 | Flanders | 1,199 m² | 1 · 354 m² | 10.6 m · 3 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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 2,777 EUR awarded · 2,777 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 1,371 EUR | 1,371 EUR |
| 2022 | 1 | 1,406 EUR | 1,406 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 792 companies in sector 46450 we hold annual accounts for 448. 312 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-11-2014
Fiscal year end30-09
Trade name NL
Make-Up Groothandel”
Activities, NACEBEL
46450Wholesale of perfume and cosmetics
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47990Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.makeupgroothandel.be
E-mail:winny@makeupgroothandel.be