Promation
ActivePromation has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €647k and a net result of €180k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 23% of 481 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
81
/ 100
Excellent▲ +15 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency36▲+13
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.09 in 2023), but 80.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 33
Relative position
BE, all sectors
reference
Sector 33
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 481 sector peers (2024).
NBB · sector comparisonPosition among 481 sector peers
Solvency
better than 23%
← weakest
strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
30 d late
2022
31 d late
2021
47 d early
2020
30 d early
2019
48 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€647k▲ 38.6%
2023 · €467k
2018: €291k
2019: €346k
2020: €346k
2021: €409k
2022: €447k
2023: €467k
2018 → 2024
Total assets
€3.33M▲ 0.4%
2023 · €3.32M
2018: €785k
2019: €902k
2020: €1.04M
2021: €2.31M
2022: €3.74M
2023: €3.32M
2018 → 2024
Net result
€180k▲ 23.7%
2023 · €146k
2018: €102k
2019: €55k
2020: €615
2021: €62k
2022: €38k
2023: €146k
2018 → 2024
Working capital
€1.01M▲ 298%
2023 · €255k
2018: €121k
2019: €140k
2020: €97k
2021: €141k
2022: €129k
2023: €255k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€346k-€409k▲ 18.0%€447k▲ 9.4%€467k▲ 4.5%€647k▲ 38.6%
Operating result€11k-€75k▲ 553%€51k▼ 32.7%€193k▲ 281%€236k▲ 22.6%
Net result€615-€62k▲ 10,018%€38k▼ 38.3%€146k▲ 280%€180k▲ 23.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 23% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.33M
Fixed assets
€468k▲ 46.2%
Current assets
€2.86M▼ 4.5%
Equity and liabilities €3.33M
Equity
€647k▲ 38.6%
Debt
€2.68M▼ 5.9%
The debt ratio falls from 85.9% to 80.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€336k▲
2023 · €296k
Cash flow
€281k▲
2023 · €249k
Solvency
19.4%▲
2023 · 14.1%
Current ratio
1.55▲
2023 · 1.09
Quick ratio
1.06▲
2023 · 0.45
Debt / equity
4.15▼
2023 · 6.11
ROE
27.9%▼
2023 · 31.2%
ROA
5.4%▲
2023 · 4.4%
Interest coverage
20.97▲
2023 · 18.37
Debt
€2.68M▼
2023 · €2.85M
Debt ≤ 1 year
€1.85M▼
2023 · €2.74M
Debt > 1 year
€829k▲
2023 · €108k
Income taxes
€45k▲
2023 · €31k
Staff costs
€997k▲
2023 · €894k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€3.32M€3.33M▲
Fixed assets21/28€320k€468k▲
Intangible fixed assets21€17k€25k▲
Tangible fixed assets22/27€288k€428k▲
Land and buildings22€0-
Plant, machinery and equipment23€78k€77k▼
Furniture and vehicles24€44k€103k▲
Leasing and similar rights25€23k€56k▲
Other tangible fixed assets26€143k€192k▲
Financial fixed assets28€15k€15k=
Current assets29/58€3.00M€2.86M▼
Stocks and contracts in progress3€1.77M€894k▼
Stocks30/36€283k€894k▲
Contracts in progress37€1.49M€0▼
Amounts receivable within one year40/41€885k€1.51M▲
Trade receivables40€873k€1.48M▲
Other amounts receivable41€12k€24k▲
Cash at bank and in hand54/58€288k€416k▲
Deferred charges and accrued income490/1€55k€49k▼
Equity and liabilities
Total equity and liabilities10/49€3.32M€3.33M▲
Equity10/15€467k€647k▲
Contributions10/11€14k€13k▼
Reserves13€184k€185k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€184k€185k▲
Profit (loss) carried forward14€269k€449k▲
Amounts payable17/49€2.85M€2.68M▼
Amounts payable after more than one year17€108k€829k▲
Financial debts170/4€108k€829k▲
Amounts payable within one year42/48€2.74M€1.85M▼
Current portion of amounts payable after more than one year42€46k€37k▼
Financial debts43€11k€0▼
Credit institutions430/8€11k€0▼
Trade debts44€330k€417k▲
Suppliers440/4€330k€417k▲
Advances received on contracts in progress46€2.16M€1.21M▼
Taxes, remuneration and social security45€148k€162k▲
Taxes450/3€37k€4k▼
Remuneration and social security454/9€110k€157k▲
Other amounts payable47/48€49k€22k▼
Accrued charges and deferred income492/3-€5k
Income statement
Code20232024
Remuneration, social security and pensions62€894k€997k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€103k€100k▼
Other operating charges640/8€11k€16k▲
Gross operating margin9900€1.20M€1.35M▲
Operating profit (loss)9901€193k€236k▲
Financial income75/76B€314€5k▲
Recurring financial income75€314€5k▲
Financial charges65/66B€16k€16k▼
Recurring financial charges65€16k€16k▼
Profit (loss) for the period before taxes9903€177k€225k▲
Income taxes67/77€31k€45k▲
Profit (loss) for the period9904€146k€180k▲
Profit (loss) for the period to be appropriated9905€146k€180k▲
Appropriation of the result
Profit (loss) to be appropriated9906€269k€449k▲
Profit (loss) brought forward from the previous period14P€123k€269k▲
Social balance
Average headcount (FTE)908711.812.4▲
The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 92 days late
2024
31-12
Financial
Highest result since 2018net €180k ▲23.7%
Operating result €236k, net result €180k, both a record.
31-12
Financial
Equity above €500kEq €647k ▲38.6%
7 profitable years in a row build equity to €647k.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €615 ▼98.9%
Net result drops to €615, the lowest in the series; recovery starts the following year.
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 48 days late
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Heist-op-den-Berg · 1 establishment unit since 2012
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.
Eindeke 152221 Heist-op-den-BergGround area
4,556 m²
Building footprint
1,546 m²
Parcel 12006C0390/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
Eindeke 15, 2221 Heist-op-den-Berg
since 20122.206.738.815
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12006C0390/00D000 | Flanders | 4,556 m² | 1 · 1,546 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 11 entries · 203,520 EUR awarded · 202,759 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | -28,728 EUR | 300 EUR |
| 2024 | 2 | 64,494 EUR | 64,494 EUR |
| 2023 | 5 | 139,307 EUR | 109,663 EUR |
| 2022 | 2 | 28,447 EUR | 28,302 EUR |
Schemes
Ontwikkelingsproject
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Subsidies voor internationaal ondernemen
Show 1 more
Vlaams opleidingsverlof (VOV)
Similar companies · same sector, comparable size
SMART ENERGY SYSTEMS
BE 0645.898.650
Geraardsbergen · Eq €649k
TTCO
BE 0806.922.115
Sint-Niklaas · Eq €649k
ATYOS
BE 0543.459.623
Deinze · Eq €644k
ALPHA TECHNICS
BE 0836.891.848
Sint-Niklaas · Eq €653k
Flender
BE 0681.642.259
Asse · Eq €641k
Of 1,221 companies in sector 33200 we hold annual accounts for 675. 419 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-01-2012
Fiscal year end31-12
Activities, NACEBEL
33200Installation of industrial machinery and equipment
33120Repair and maintenance of machinery
43211General electrical installation work
62010Computer programming, consultancy and related activities
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 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.