Refurb Pro
ActiveRefurb Pro has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €647k and a net result of €-59k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 64% of 7932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability24▼-6
Solvency83▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.69 in 2024; short-term debt: 7.5% and cash: 1.3% of total assets), and 41.8% 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
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 →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-59k
neutral · Latest accounts filed on time
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 31-03-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
3 d early
2023
2 d early
2022
1 d early
2021
on the day
2020
on the day
2019
91 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-08-2026 close16-09-2026 today31-03-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€647k▼ 11.9%
2024 · €734k
2019: €468k
2020: €734k
2021: €772k
2022: €786k
2023: €826k
2024: €734k
2019 → 2025
Total assets
€1.11M▼ 13.3%
2024 · €1.28M
2019: €1.42M
2020: €1.91M
2021: €1.62M
2022: €1.58M
2023: €1.46M
2024: €1.28M
2019 → 2025
Net result
€-59k▼ 14.5%
2024 · €-51k
2019: €23k
2020: €266k
2021: €38k
2022: €14k
2023: €39k
2024: €-51k
2019 → 2025
Working capital
€23k▼ 73.2%
2024 · €84k
2019: €320k
2020: €258k
2021: €233k
2022: €244k
2023: €200k
2024: €84k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€772k-€786k▲ 1.8%€826k▲ 5.0%€734k▼ 11.1%€647k▼ 11.9%
Operating result€85k-€43k▼ 50.1%€81k▲ 89.3%€-14k€-35k▼ 153%
Net result€38k-€14k▼ 63.1%€39k▲ 183%€-51k€-59k▼ 14.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €35k in 2025 against €14k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.11M
Fixed assets
€1.00M▼ 6.5%
Current assets
€106k▼ 48.4%
Equity and liabilities €1.11M
Equity
€647k▼ 11.9%
Provisions
€7k▼ 7.9%
Debt
€457k▼ 15.2%
The debt ratio falls from 42.1% to 41.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€35k▼
2024 · €56k
Cash flow
€12k▼
2024 · €19k
Solvency
58.2%▲
2024 · 57.3%
Current ratio
1.27▼
2024 · 1.69
Quick ratio
0.62▼
2024 · 1.36
Debt / equity
0.71▼
2024 · 0.73
ROE
-9.1%▼
2024 · -7.0%
ROA
-5.3%▼
2024 · -4.0%
Interest coverage
1.47▼
2024 · 1.94
Debt
€457k▼
2024 · €539k
Debt ≤ 1 year
€84k▼
2024 · €122k
Debt > 1 year
€361k▼
2024 · €406k
Income taxes
€261▼
2024 · €9k
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€1.28M€1.11M▼
Fixed assets21/28€1.07M€1.00M▼
Tangible fixed assets22/27€1.07M€1.00M▼
Land and buildings22€1.07M€1.00M▼
Current assets29/58€206k€106k▼
Stocks and contracts in progress3€40k€55k▲
Stocks30/36€40k€55k▲
Amounts receivable within one year40/41€47k€27k▼
Trade receivables40€42k€22k▼
Other amounts receivable41€6k€6k▲
Cash at bank and in hand54/58€107k€14k▼
Deferred charges and accrued income490/1€11k€10k▼
Equity and liabilities
Total equity and liabilities10/49€1.28M€1.11M▼
Equity10/15€734k€647k▼
Contributions10/11€294k€294k=
Outside capital11€294k€294k=
Other1109/19€294k€294k=
Reserves13€449k€419k▼
Tax-exempt reserves132€48k€47k▼
Distributable reserves133€401k€373k▼
Profit (loss) carried forward14€-9k€-66k▼
Provisions and deferred taxes16€7k€7k▼
Deferred taxes168€7k€7k▼
Amounts payable17/49€539k€457k▼
Amounts payable after more than one year17€406k€361k▼
Financial debts170/4€268k€223k▼
Other amounts payable178/9€138k€138k=
Amounts payable within one year42/48€122k€84k▼
Current portion of amounts payable after more than one year42€52k€44k▼
Trade debts44€55k€12k▼
Suppliers440/4€55k€12k▼
Advances received on contracts in progress46€2k€15k▲
Taxes, remuneration and social security45€2€4▲
Taxes450/3€2€4▲
Other amounts payable47/48€13k€12k▼
Accrued charges and deferred income492/3€11k€12k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€70k=
Other operating charges640/8€11k€11k▼
Gross operating margin9900€68k€46k▼
Operating profit (loss)9901€-14k€-35k▼
Financial income75/76B€27€1▼
Recurring financial income75€27€1▼
Financial charges65/66B€29k€24k▼
Recurring financial charges65€29k€24k▼
Profit (loss) for the period before taxes9903€-43k€-59k▼
Transfer from deferred taxes780€592€586▼
Income taxes67/77€9k€261▼
Profit (loss) for the period9904€-51k€-59k▼
Transfer from tax-exempt reserves789€1k€1k▼
Profit (loss) for the period to be appropriated9905€-50k€-57k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-48k€-66k▼
Profit (loss) brought forward from the previous period14P€2k€-9k▼
Transfer from equity791/2€80k€29k▼
Profit to be distributed694/7€40k€29k▼
Return on contributions (dividend)694€40k€29k▼
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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-08
Financial
Weakest financial yearnet €-59k
Net result drops to €-59k, the lowest in the series.
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
Financial
Highest result since 2019net €266k ▲1081%
Operating result €450k, net result €266k, both a record.
31-08
Financial
Equity above €500kEq €734k ▲56.9%
2 profitable years in a row build equity to €734k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
30-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 32 days late
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Brasschaat · 2 establishment units since 2002
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.
Van Halmaelelei 222930 BrasschaatGround area
1,483 m²
Building footprint
635 m²
Volume, LiDAR
2,959 m³
2 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Refurb Pro
since 20022.095.621.058
Refurb Pro
since 20132.230.360.887
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0323/00F000 | Flanders | 1,078 m² | 1 · 230 m² | 7.8 m · 2 fl. |
| 11012A0026/00X002 | Flanders | 405 m² | 1 · 405 m² | 10.6 m · 1 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.
Recognitions · licences · registrations
Dual-learning approval
3 endedSimilar companies · same sector, comparable size
MAREC
BE 0436.806.935
Blégny · Eq €647k
ALTERNA
BE 0451.101.666
Schaarbeek · Eq €647k
Better IT Support
BE 0884.277.437
Sint-Genesius-Rode · Eq €644k
BOSS SERVICES
BE 0457.104.085
Elsene · Eq €652k
VSSS
BE 0505.917.455
Putte · Eq €652k
Of 2,126 companies in sector 46500 we hold annual accounts for 1,403. 965 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-2002
Fiscal year end31-08
Activities, NACEBEL
46500Wholesale of information and communication equipment
46660Wholesale trade
51850
47400Retail sale of information and communication equipment
47410Retail trade
52487
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.