RESET
ActiveRESET has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €6k and a net result of €75k. Equity is shrinking by ~23.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 19% of 2541 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency8▲+4
Growth58▲+26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.77 against 0.39 in 2023), and 97% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
3%
Return on assets
38.7%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2541 sector peers (2024).
NBB · sector comparisonPosition among 2541 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
43 d early
2022
25 d early
2021
32 d early
2020
9 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€6k▼ 0.4%
2023 · €6k
2020: €28k
2021: €49k
2022: €61k
2023: €6k
2020 → 2024
Total assets
€194k▲ 89.4%
2023 · €102k
2020: €47k
2021: €62k
2022: €82k
2023: €102k
2020 → 2024
Net result
€75k▲ 397%
2023 · €15k
2020: €23k
2021: €20k
2022: €12k
2023: €15k
2020 → 2024
Working capital
€-44k▲ 24.7%
2023 · €-58k
2020: €32k
2021: €39k
2022: €8k
2023: €-58k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€28k-€49k▲ 70.9%€61k▲ 25.3%€6k▼ 90.3%€6k▼ 0.4%
Operating result€29k-€26k▼ 10.7%€14k▼ 47.2%€21k▲ 52.6%€103k▲ 386%
Net result€23k-€20k▼ 14.0%€12k▼ 39.1%€15k▲ 23.0%€75k▲ 397%
Turnover and EBIT margin not published: the 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 386% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €194k
Fixed assets
€50k▼ 22.9%
Current assets
€144k▲ 280%
Equity and liabilities €194k
Equity
€6k▼ 0.4%
Debt
€188k▲ 94.9%
The debt ratio rises from 94.2% to 97.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€130k▲
2023 · €42k
Cash flow
€102k▲
2023 · €36k
Solvency
3.0%▼
2023 · 5.8%
Current ratio
0.77▲
2023 · 0.39
Quick ratio
0.75▲
2023 · 0.38
Debt / equity
32.00▲
2023 · 16.35
ROA
38.7%▲
2023 · 14.8%
Interest coverage
690.33▲
2023 · 197.08
Debt
€188k▲
2023 · €96k
Debt ≤ 1 year
€188k▲
2023 · €96k
Income taxes
€28k▲
2023 · €6k
A ratio outside any meaningful range has been withheld (balance sheet total €194k, equity €6k).
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€102k€194k▲
Fixed assets21/28€64k€50k▼
Tangible fixed assets22/27€64k€50k▼
Land and buildings22€27k€19k▼
Plant, machinery and equipment23€37k€30k▼
Furniture and vehicles24€313€216▼
Current assets29/58€38k€144k▲
Stocks and contracts in progress3€1,000€2k▲
Stocks30/36€1,000€2k▲
Amounts receivable within one year40/41€35k€42k▲
Trade receivables40€35k€42k▲
Other amounts receivable41€33€248▲
Cash at bank and in hand54/58€2k€99k▲
Equity and liabilities
Total equity and liabilities10/49€102k€194k▲
Equity10/15€6k€6k▼
Contributions10/11€5k€5k=
Reserves13€892€867▼
Distributable reserves133€892€867▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€96k€188k▲
Amounts payable within one year42/48€96k€188k▲
Trade debts44€13k€9k▼
Suppliers440/4€13k€9k▼
Taxes, remuneration and social security45€10k€25k▲
Taxes450/3€10k€25k▲
Other amounts payable47/48€72k€154k▲
Accrued charges and deferred income492/3€340€0▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€27k▲
Other operating charges640/8€14k€28k▲
Gross operating margin9900€55k€159k▲
Operating profit (loss)9901€21k€103k▲
Financial income75/76B-€3
Recurring financial income75-€3
Financial charges65/66B€212€189▼
Recurring financial charges65€212€189▼
Profit (loss) for the period before taxes9903€21k€103k▲
Income taxes67/77€6k€28k▲
Profit (loss) for the period9904€15k€75k▲
Profit (loss) for the period to be appropriated9905€15k€75k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€75k▲
Transfer from equity791/2€55k€25▼
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€70k€75k▲
Return on contributions (dividend)694€70k€75k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €75k ▲397%
Operating result €103k, net result €75k, both a record.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €12k ▼39.1%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2022
Jennifer Cnops
CurrentDirector · since 10-10-2022
10-10-2022
Jennifer Cnops: Appointed as Director
10-10-2022
Karin Vande Sype: Resigned as Director
Location & real-estate footprint
Registered office, Bonheiden · 1 establishment unit since 2020
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.
Molenlei 62820 BonheidenGround area
1,402 m²
Building footprint
256 m²
Parcel 12031B0896/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
RESET
since 20202.306.902.104
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12031B0896/00C000 | Flanders | 1,402 m² | 1 · 256 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
2023 · 1 entry · 3,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 3,000 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
AnzaraReforma
BE 1023.026.534
Dilbeek · Eq €6k
PILATROOM
BE 0674.493.953
Thuin · Eq €6k
WAPIFIT
BE 1013.119.369
Walhain · Eq €6k
SG SPORTS CONSULTANCE
BE 0649.569.606
Brussel · Eq €6k
BE YOUR SPORT
BE 1009.609.454
Huy · Eq €6k
Of 13,462 companies in sector 85510 we hold annual accounts for 715. 469 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-08-2020
Fiscal year end31-12
Activities, NACEBEL
85510Sports and recreation education
82300Organisation of conventions and trade shows
82990Other business support services
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.