S Builds
ActiveS Builds has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €123k and a net result of €12k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 51% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability60▼-18
Solvency73=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.71 against 2.38 in 2023; short-term debt: 11.9% and cash: 1.4% of total assets), but 52.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Sector 43
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
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 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
30 d early
2022
28 d early
2021
16 d early
2020
15 d early
2019
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€290k▲ 6.5%
2021 · €272k
2018: €342k
2019: €364k
2020: €394k
2021: €272k
2018 → 2022
EBIT margin
1.4%▼ 5.9pp
2021 · 7.3%
2018: 2.1%
2019: 4.1%
2020: 2.3%
2021: 7.3%
2018 → 2022
Net result
€12k▼ 31.9%
2023 · €18k
2018: €3k
2019: €10k
2020: €4k
2021: €13k
2022: €2k
2023: €18k
2018 → 2024
Working capital
€53k▲ 11.0%
2023 · €48k
2018: €57k
2019: €70k
2020: €23k
2021: €31k
2022: €32k
2023: €48k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€394k-€272k▼ 31.0%€290k▲ 6.5%
Equity€80k-€92k▲ 15.8%€94k▲ 1.7%€111k▲ 18.7%€123k▲ 10.7%
Operating result€9k-€20k▲ 123%€4k▼ 79.1%€24k▲ 482%€20k▼ 17.4%
Net result€4k-€13k▲ 200%€2k▼ 87.7%€18k▲ 1,032%€12k▼ 31.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 17% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €258k
Fixed assets
€174k▲ 16.0%
Current assets
€84k▲ 1.9%
Equity and liabilities €258k
Equity
€123k▲ 10.7%
Debt
€135k▲ 11.2%
The debt ratio rises from 52.1% to 52.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€25k▼
2023 · €29k
Cash flow
€17k▼
2023 · €22k
Solvency
47.8%▼
2023 · 47.9%
Current ratio
2.71▲
2023 · 2.38
Quick ratio
2.71▲
2023 · 2.38
Debt / equity
1.09▲
2023 · 1.09
ROE
9.7%▼
2023 · 15.8%
ROA
4.6%▼
2023 · 7.5%
Interest coverage
4.24▼
2023 · 7.78
Debt
€135k▲
2023 · €121k
Debt ≤ 1 year
€31k▼
2023 · €34k
Debt > 1 year
€104k▲
2023 · €87k
Income taxes
€5k▼
2023 · €5k
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€232k€258k▲
Fixed assets21/28€150k€174k▲
Tangible fixed assets22/27€150k€174k▲
Land and buildings22€150k€146k▼
Plant, machinery and equipment23€27-
Furniture and vehicles24€287€57▼
Leasing and similar rights25-€28k
Financial fixed assets28€285€285=
Current assets29/58€82k€84k▲
Amounts receivable within one year40/41€78k€76k▼
Trade receivables40€29k€21k▼
Other amounts receivable41€49k€55k▲
Cash at bank and in hand54/58€2k€4k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€232k€258k▲
Equity10/15€111k€123k▲
Contributions10/11€8k€8k=
Reserves13€27k€37k▲
Distributable reserves133€27k€37k▲
Profit (loss) carried forward14€76k€78k▲
Amounts payable17/49€121k€135k▲
Amounts payable after more than one year17€87k€104k▲
Financial debts170/4€87k€104k▲
Amounts payable within one year42/48€34k€31k▼
Current portion of amounts payable after more than one year42€7k€13k▲
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€18k€8k▼
Suppliers440/4€18k€8k▼
Taxes, remuneration and social security45€6k€10k▲
Taxes450/3€6k€10k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€2k€7k▲
Gross operating margin9900€31k€31k▲
Operating profit (loss)9901€24k€20k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€22k€17k▼
Income taxes67/77€5k€5k▼
Profit (loss) for the period9904€18k€12k▼
Profit (loss) for the period to be appropriated9905€18k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€76k€88k▲
Profit (loss) brought forward from the previous period14P€59k€76k▲
Transfer to equity691/2-€10k
To other reserves6921-€10k
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
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €18k ▲1032%
Operating result €24k, net result €18k, both a record.
31-12
Financial
Equity above €100kEq €111k ▲18.7%
6 profitable years in a row build equity to €111k.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €2k ▼87.7%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
13-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · full 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, Asse · 1 establishment unit since 2003
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.
Theodoor Coppensstraat 471731 AsseGround area
313 m²
Building footprint
171 m²
Volume, LiDAR
1,167 m³
2 parcels, Brussels, Flanders · tallest building 18.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
S BUILDS
since 20032.133.400.776
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23095B0228/00S017 | Flanders | 229 m² | 1 · 91 m² | 18.4 m |
| 21364B0132/00C003 | Brussels | 84 m² | 1 · 80 m² | 16.0 m · 5 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
ECOCLIM
BE 0744.578.829
Walcourt · Eq €123k
De Stoverie
BE 0741.605.382
Poperinge · Eq €123k
ARTICHAUFFE
BE 0740.543.827
Lasne · Eq €123k
CHRISTELLE IMMO
BE 0475.016.720
Colfontaine · Eq €123k
Robby Vermeulen
BE 0744.786.685
Beveren-Kruibeke-Zwijndrecht · Eq €123k
Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,928 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-08-2003
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
92114
25530Machining of metals
41003General construction of other non-residential buildings
43110Demolition
43120Site preparation
43130Specialised construction activities
43221Plumbing work
43422Screed work
59120Post-production of films, video and television programmes
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.