SEA & SKI
ActiveSEA & SKI has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €290k and a net result of €-34k. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 53% of 18207 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-21
Solvency63▼-8
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days only on tighter terms
Liquidity ample (current ratio 1.51 against 2.02 in 2024; short-term debt: 56.8% and cash: 1.4% of total assets), but 61.6% 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
38.4%
Return on assets
-4.5%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
on the day
2023
19 d early
2022
3 d early
2021
6 d early
2020
25 d early
2019
35 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€290k▼ 10.6%
2024 · €325k
2019: €308k
2020: €308k
2021: €318k
2022: €375k
2023: €324k
2024: €325k
2019 → 2025
Total assets
€757k▲ 8.3%
2024 · €699k
2019: €710k
2020: €713k
2021: €807k
2022: €645k
2023: €623k
2024: €699k
2019 → 2025
Net result
€-34k
2024 · €328
2019: €35k
2020: €203
2021: €10k
2022: €56k
2023: €-778
2024: €328
2019 → 2025
Working capital
€221k▼ 26.2%
2024 · €299k
2019: €269k
2020: €258k
2021: €282k
2022: €415k
2023: €340k
2024: €299k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€318k-€375k▲ 17.7%€324k▼ 13.4%€325k▲ 0.1%€290k▼ 10.6%
Operating result€18k-€88k▲ 382%€-4k€5k€-27k
Net result€10k-€56k▲ 442%€-778€328€-34k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €27k after €5k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €757k
Fixed assets
€106k▲ 0.2%
Current assets
€651k▲ 9.8%
Equity and liabilities €757k
Equity
€290k▼ 10.6%
Debt
€467k▲ 24.8%
The debt ratio rises from 53.5% to 61.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2k▼
2024 · €32k
Cash flow
€-6k▼
2024 · €27k
Solvency
38.4%▼
2024 · 46.5%
Current ratio
1.51▼
2024 · 2.02
Quick ratio
0.26▼
2024 · 0.32
Debt / equity
1.61▲
2024 · 1.15
ROE
-11.8%▼
2024 · 0.1%
ROA
-4.5%▼
2024 · 0.0%
Interest coverage
0.08▼
2024 · 1.94
Debt
€467k▲
2024 · €374k
Debt ≤ 1 year
€430k▲
2024 · €293k
Debt > 1 year
€17k▼
2024 · €63k
Income taxes
€60▼
2024 · €3k
Staff costs
€121k▲
2024 · €117k
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€699k€757k▲
Fixed assets21/28€106k€106k▲
Tangible fixed assets22/27€104k€104k▲
Plant, machinery and equipment23€100k€102k▲
Furniture and vehicles24€5k€2k▼
Financial fixed assets28€2k€2k=
Current assets29/58€593k€651k▲
Stocks and contracts in progress3€500k€540k▲
Stocks30/36€500k€540k▲
Amounts receivable within one year40/41€56k€90k▲
Trade receivables40€2k€137▼
Other amounts receivable41€54k€89k▲
Cash at bank and in hand54/58€26k€10k▼
Deferred charges and accrued income490/1€10k€11k▲
Equity and liabilities
Total equity and liabilities10/49€699k€757k▲
Equity10/15€325k€290k▼
Contributions10/11€40k€40k=
Reserves13€285k€250k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€285k€250k▼
Profit (loss) carried forward14€-450€0▲
Amounts payable17/49€374k€467k▲
Amounts payable after more than one year17€63k€17k▼
Financial debts170/4€63k€17k▼
Amounts payable within one year42/48€293k€430k▲
Current portion of amounts payable after more than one year42€204k€286k▲
Trade debts44€56k€114k▲
Suppliers440/4€56k€114k▲
Taxes, remuneration and social security45€33k€30k▼
Taxes450/3€14k€10k▼
Remuneration and social security454/9€19k€20k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€18k€19k▲
Income statement
Code20242025
Non-recurring operating income76A€4k€0▼
Remuneration, social security and pensions62€117k€121k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€28k▲
Other operating charges640/8€7k€7k▼
Non-recurring operating charges66A€0€786▲
Gross operating margin9900€157k€131k▼
Operating profit (loss)9901€5k€-27k▼
Financial income75/76B€14k€14k▼
Recurring financial income75€14k€14k▼
Financial charges65/66B€16k€22k▲
Recurring financial charges65€16k€22k▲
Profit (loss) for the period before taxes9903€3k€-34k▼
Income taxes67/77€3k€60▼
Profit (loss) for the period9904€328€-34k▼
Profit (loss) for the period to be appropriated9905€328€-34k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-450€-35k▼
Profit (loss) brought forward from the previous period14P€-778€-450▲
Transfer from equity791/2€0€35k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance
Average headcount (FTE)90872.1-
The notes to these accounts (13 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
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet €-34k ▼10582%
Net result drops to €-34k, the lowest in the series.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Back to profitnet €328
Net result €328 after one loss-making year.
2023
12-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Highest result since 2019net €56k ▲442%
Operating result €88k, net result €56k, both a record.
31-03
Financial
Liquidity triplescurrent ratio 5.00
Current ratio from 1.75 to 5.00; short-term debt falls from €376k to €104k.
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
06-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-09
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
3 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, Kortrijk · 4 establishment units since 1984
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.
Veemarkt(Kor) 48500 KortrijkGround area
7,809 m²
Building footprint
409 m²
Volume, LiDAR
3,716 m³
3 parcels, Flanders · tallest building 17.8 m, ±4 floors. Linked by address, not a title deed.
4 establishment units
Veemarkt(Kor) 2, 8500 Kortrijk
since 19842.024.421.573
Veemarkt(Kor) 4, 8500 Kortrijk
since 19842.142.882.626
SEA EN SKI
since 19912.024.421.672
SEA EN SKI
since 19912.024.421.771
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353H0858/02_000 | Flanders | 7,491 m² | 1 · 81 m² | 5.2 m · 1 fl. |
| 34353B0102/02S003 | Flanders | 238 m² | 1 · 241 m² | 17.8 m · 4 fl. |
| 34353H1001/08L000 | Flanders | 80 m² | 1 · 87 m² | 12.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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
EXCLUSIVE SPORTSBOATS
BE 0867.259.677
Maaseik · Eq €290k
B&C Groupe
BE 0783.635.284
Ottignies-Louvain-la-Neuve · Eq €291k
FRANCISPORTS
BE 0433.181.808
Welkenraedt · Eq €291k
JLC Piscines et Wellness
BE 0463.202.318
Verviers · Eq €289k
VH SPORT
BE 0526.800.763
Bernissart · Eq €288k
Of 1,314 companies in sector 47639 we hold annual accounts for 624. 459 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-1984
Fiscal year end31-03
Activities, NACEBEL
47639Retail sale of other sporting goods
47640Retail trade
52482
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
52421
Sources
Crossroads Bank for EnterprisesNational Bank · 41 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.