PLAY WORKS
ActivePLAY WORKS has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138k and a net result of €37k. Equity is growing by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 58% of 953 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+13
Solvency85▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.23 in 2024; short-term debt: 38.4% and cash: 31.4% of total assets), and 40% 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
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
60%
Return on assets
16.2%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 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
19 d late
2024
21 d late
2023
22 d late
2022
58 d late
2021
26 d late
2020
30 d late
2019
4 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
€138k▲ 37.0%
2024 · €100k
2018: €96k
2019: €82k
2020: €92k
2021: €73k
2022: €53k
2023: €89k
2024: €100k
2018 → 2025
Total assets
€229k▲ 20.3%
2024 · €191k
2018: €113k
2019: €134k
2020: €152k
2021: €110k
2022: €105k
2023: €177k
2024: €191k
2018 → 2025
Net result
€37k▲ 228%
2024 · €11k
2018: €7k
2019: €-14k
2020: €10k
2021: €-19k
2022: €-21k
2023: €37k
2024: €11k
2018 → 2025
Working capital
€64k▲ 248%
2024 · €18k
2018: €80k
2019: €8k
2020: €21k
2021: €8k
2022: €-28k
2023: €-1k
2024: €18k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€73k-€53k▼ 28.2%€89k▲ 69.7%€100k▲ 12.7%€138k▲ 37.0%
Operating result€-18k-€-20k▼ 12.5%€48k€23k▼ 52.8%€53k▲ 135%
Net result€-19k-€-21k▼ 11.3%€37k€11k▼ 69.1%€37k▲ 228%
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 135% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €229k
Fixed assets
€77k▼ 15.1%
Current assets
€152k▲ 52.6%
Equity and liabilities €229k
Equity
€138k▲ 37.0%
Debt
€92k▲ 1.8%
The debt ratio falls from 47.3% to 40.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€70k▲
2024 · €39k
Cash flow
€54k▲
2024 · €27k
Solvency
60.0%▲
2024 · 52.7%
Current ratio
1.73▲
2024 · 1.23
Quick ratio
1.73▲
2024 · 1.23
Debt / equity
0.67▼
2024 · 0.90
ROE
27.0%▲
2024 · 11.3%
ROA
16.2%▲
2024 · 5.9%
Interest coverage
72.71▲
2024 · 38.24
Debt
€92k▲
2024 · €90k
Debt ≤ 1 year
€88k▲
2024 · €81k
Debt > 1 year
€4k▼
2024 · €9k
Income taxes
€16k▲
2024 · €11k
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€191k€229k▲
Fixed assets21/28€91k€77k▼
Tangible fixed assets22/27€90k€76k▼
Land and buildings22€44k€40k▼
Plant, machinery and equipment23€1k€1k▲
Furniture and vehicles24€25k€18k▼
Other tangible fixed assets26€19k€17k▼
Financial fixed assets28€1k€1k=
Current assets29/58€100k€152k▲
Amounts receivable within one year40/41€20k€23k▲
Trade receivables40€20k€20k▼
Other amounts receivable41€0€3k▲
Current investments50/53€5k€55k▲
Cash at bank and in hand54/58€75k€72k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€191k€229k▲
Equity10/15€100k€138k▲
Contributions10/11€14k€14k=
Reserves13€0€35k▲
Non-distributable reserves130/1€0€35k▲
Reserves not available under the articles1311€0€35k▲
Profit (loss) carried forward14€86k€88k▲
Amounts payable17/49€90k€92k▲
Amounts payable after more than one year17€9k€4k▼
Financial debts170/4€9k€4k▼
Amounts payable within one year42/48€81k€88k▲
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€17k€1k▼
Suppliers440/4€17k€1k▼
Taxes, remuneration and social security45€16k€28k▲
Taxes450/3€16k€28k▲
Other amounts payable47/48€41k€52k▲
Income statement
Code20242025
Non-recurring operating income76A-€4k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Other operating charges640/8-€100
Gross operating margin9900€39k€70k▲
Operating profit (loss)9901€23k€53k▲
Financial income75/76B€450€464▲
Recurring financial income75€450€464▲
Financial charges65/66B€1k€961▼
Recurring financial charges65€1k€961▼
Profit (loss) for the period before taxes9903€22k€53k▲
Income taxes67/77€11k€16k▲
Profit (loss) for the period9904€11k€37k▲
Profit (loss) for the period to be appropriated9905€11k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€86k€123k▲
Profit (loss) brought forward from the previous period14P€75k€86k▲
Transfer to equity691/2-€35k
To other reserves6921-€35k
The notes to these accounts (10 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
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 19 days late
2025
31-12
Financial
Highest result since 2018net €37k ▲228%
Operating result €53k, net result €37k, both a record.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
31-12
Financial
Equity above €100kEq €100k ▲12.7%
2 profitable years in a row build equity to €100k.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Back to profitnet €37k
Net result €37k after 2 loss-making years.
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
01-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 123 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, Nivelles · 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.
Rue de l'Ermitage 91400 NivellesGround area
1,250 m²
Building footprint
233 m²
Volume, LiDAR
1,968 m³
2 parcels, Wallonia · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
PlayWorks abrégé PW
since 20052.149.482.188
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782C0091/00D002 | Wallonia | 629 m² | 1 · 116 m² | 8.0 m · 2 fl. |
| 25108B0454/00G000 | Wallonia | 621 m² | 1 · 117 m² | 13.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
VISUAL
BE 0460.677.546
Ichtegem · Eq €137k
ARTSTUDIO TORFS
BE 0476.614.844
Nijlen · Eq €137k
MAXTIAN DEVELOPMENT
BE 0447.778.229
Kapellen · Eq €138k
FULLTEAM ADVERTISING
BE 0453.442.534
Nivelles · Eq €139k
ROLOPRINT
BE 0821.965.825
Londerzeel · Eq €137k
Of 2,855 companies in sector 18130 we hold annual accounts for 831. 674 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-09-2005
Fiscal year end31-12
Activities, NACEBEL
18130Pre-press and pre-media services
22240
22250
68121Development of residential building projects
68122Development of non-residential building projects
62900Other information technology and computer services
70111
70112
72600
73110Advertising agencies
74401
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.