ONE REFRACTORIES
ActiveONE REFRACTORIES has been active since 1925 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.74M and a net result of €1.53M. Equity is shrinking by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 54% of 65 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-5
Solvency93▲+16
Growth55=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550k at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.6 in 2024), and 48.2% 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
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
51.8%
Return on assets
13.8%
Age of the figures
8 mo
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
21 d early
2023
33 d early
2022
24 d late
2021
108 d late
2020
9 d early
2019
8 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€13.88M▲ 7.9%
2024 · €12.87M
2018: €9.80M
2019: €9.32M
2020: €9.17M
2021: €9.85M
2022: €12.15M
2023: €13.88M
2024: €12.87M
2018 → 2025
EBIT margin
15.1%▼ 1.0pp
2024 · 16.1%
2018: 14.4%
2019: 12.0%
2020: 13.7%
2021: 15.8%
2022: 14.7%
2023: 16.6%
2024: 16.1%
2018 → 2025
Net result
€1.53M▼ 9.8%
2024 · €1.70M
2018: €794k
2019: €963k
2020: €963k
2021: €1.46M
2022: €1.40M
2023: €1.73M
2024: €1.70M
2018 → 2025
Working capital
€4.32M▲ 22.4%
2024 · €3.53M
2018: €5.86M
2019: €6.85M
2020: €7.33M
2021: €5.12M
2022: €5.06M
2023: €6.17M
2024: €3.53M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€9.85M-€12.15M▲ 23.3%€13.88M▲ 14.3%€12.87M▼ 7.3%€13.88M▲ 7.9%
Equity€5.59M-€5.59M=€6.78M▲ 21.2%€4.21M▼ 37.9%€5.74M▲ 36.3%
Operating result€1.55M-€1.79M▲ 15.4%€2.31M▲ 29.0%€2.07M▼ 10.3%€2.09M▲ 1.0%
Net result€1.46M-€1.40M▼ 3.6%€1.73M▲ 23.1%€1.70M▼ 1.8%€1.53M▼ 9.8%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €11.09M
Fixed assets
€1.71M▲ 144%
Current assets
€9.38M▼ 0.8%
Equity and liabilities €11.09M
Equity
€5.74M▲ 36.3%
Debt
€5.35M▼ 10.0%
The debt ratio falls from 58.6% to 48.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€2.24M▲
2024 · €2.19M
Cash flow
€1.67M▼
2024 · €1.81M
Solvency
51.8%▲
2024 · 41.4%
Current ratio
1.85▲
2024 · 1.60
Quick ratio
1.11▲
2024 · 0.98
Debt / equity
0.93▼
2024 · 1.41
ROE
26.6%▼
2024 · 40.3%
ROA
13.8%▼
2024 · 16.7%
Interest coverage
34.42▼
2024 · 6693.77
Debt
€5.35M▼
2024 · €5.95M
Debt ≤ 1 year
€5.06M▼
2024 · €5.93M
Debt > 1 year
€280k
Income taxes
€524k▲
2024 · €381k
Staff costs
€1.09M▲
2024 · €1.00M
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€10.16M€11.09M▲
Fixed assets21/28€700k€1.71M▲
Intangible fixed assets21€24k€24k▼
Tangible fixed assets22/27€676k€1.69M▲
Land and buildings22€221k€1.25M▲
Plant, machinery and equipment23€381k€337k▼
Furniture and vehicles24€74k€100k▲
Current assets29/58€9.46M€9.38M▼
Amounts receivable after more than one year29€56k€260k▲
Other amounts receivable291€56k€260k▲
Stocks and contracts in progress3€3.67M€3.75M▲
Stocks30/36€3.67M€3.75M▲
Raw materials and consumables30/31€3.28M€3.53M▲
Finished goods33€356k€213k▼
Goods purchased for resale34€40k-
Amounts receivable within one year40/41€4.16M€3.78M▼
Trade receivables40€4.00M€3.73M▼
Other amounts receivable41€162k€44k▼
Current investments50/53€26k€26k▲
Other investments51/53€26k€26k▲
Cash at bank and in hand54/58€1.33M€1.54M▲
Deferred charges and accrued income490/1€209k€27k▼
Equity and liabilities
Total equity and liabilities10/49€10.16M€11.09M▲
Equity10/15€4.21M€5.74M▲
Contributions10/11€300k€300k=
Capital10€300k€300k=
Issued capital100€300k€300k=
Revaluation surpluses12€873€873=
Reserves13€3.91M€5.44M▲
Non-distributable reserves130/1€30k€30k=
Legal reserve130€30k€30k=
Tax-exempt reserves132€1.46M€1.55M▲
Distributable reserves133€2.42M€3.86M▲
Amounts payable17/49€5.95M€5.35M▼
Amounts payable after more than one year17-€280k
Financial debts170/4-€280k
Credit institutions173-€280k
Amounts payable within one year42/48€5.93M€5.06M▼
Current portion of amounts payable after more than one year42-€251k
Trade debts44€2.26M€894k▼
Suppliers440/4€2.26M€894k▼
Advances received on contracts in progress46€7k€12k▲
Taxes, remuneration and social security45€163k€192k▲
Taxes450/3€39k€95k▲
Remuneration and social security454/9€125k€97k▼
Other amounts payable47/48€3.50M€3.71M▲
Accrued charges and deferred income492/3€21k€11k▼
Income statement
Code20242025
Operating income70/76A€13.03M€13.77M▲
Turnover70€12.87M€13.88M▲
Change in stocks of work in progress, finished goods and contracts in progress71€106k€-144k▼
Other operating income74€22k€21k▼
Non-recurring operating income76A€38k€8k▼
Operating charges60/66A€10.96M€11.67M▲
Goods for resale, raw materials and consumables60€7.81M€8.43M▲
Purchases600/8€7.79M€8.65M▲
Change in stocks: decrease (increase)609€20k€-217k▼
Services and other goods61€1.97M€1.98M▲
Remuneration, social security and pensions62€1.00M€1.09M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€116k€144k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€25k€-14k▼
Other operating charges640/8€33k€39k▲
Operating profit (loss)9901€2.07M€2.09M▲
Financial income75/76B€13k€49k▲
Recurring financial income75€13k€49k▲
Income from financial fixed assets750€171€13k▲
Income from current assets751€2k€4k▲
Other financial income752/9€10k€31k▲
Financial charges65/66B€6k€87k▲
Recurring financial charges65€6k€87k▲
Debt charges650€327€65k▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€-4k-
Other financial charges652/9€9k€22k▲
Profit (loss) for the period before taxes9903€2.08M€2.05M▼
Income taxes67/77€381k€524k▲
Taxes670/3€574k€524k▼
Tax adjustments and reversals of tax provisions77€193k-
Profit (loss) for the period9904€1.70M€1.53M▼
Transfer from tax-exempt reserves789-€568k
Transfer to tax-exempt reserves689-€653k
Profit (loss) for the period to be appropriated9905€1.70M€1.45M▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.46M€1.45M▼
Profit (loss) brought forward from the previous period14P€766k-
Transfer from equity791/2€1.80M-
From reserves792€1.80M-
Transfer to equity691/2-€1.45M
To other reserves6921-€1.45M
Profit to be distributed694/7€4.27M-
Return on contributions (dividend)694€4.27M-
Social balance
Average headcount (FTE)908713.612.1▼
The notes to these accounts (54 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €5MEq €5.74M ▲36.3%
8 profitable years in a row build equity to €5.74M.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €1.73M ▲23.1%
Operating result €2.31M, net result €1.73M, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 24 days late
2022
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 108 days late
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 2 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Anhée · 4 establishment units since 1945
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.
Chaussée de Dinant 395537 AnhéeGround area
8,702 m²
Building footprint
517 m²
Volume, LiDAR
3,112 m³
4 parcels, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
4 establishment units
Sablière
since 19452.142.543.720
Rue de Weillen -, 5520 Onhaye
since 19492.003.489.468
Chaussée de Dinant -, 5537 Anhée
since 19642.003.489.369
Rue de Weillen sn, 5520 Onhaye
since 19672.003.489.567
4 parcels
Wallonia
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91005B0057/00Z000 | Wallonia | 5,721 m² | - | - |
| 92033B0495/00G000 | Wallonia | 1,867 m² | 1 · 121 m² | 8.6 m · 2 fl. |
| 91103A0093/00M002 | Wallonia | 728 m² | 1 · 92 m² | 7.7 m · 2 fl. |
| 91005A0245/00R005 | Wallonia | 387 m² | 1 · 303 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
5493000JIMR3XLE8UK59
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Of 113 companies in sector 08111 we hold annual accounts for 95. 47 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-02-1925
Fiscal year end31-12
Activities, NACEBEL
08111Other mining and quarrying
08123Other mining and quarrying
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.