SG
ActiveSG has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €238k and a net result of €95k. Equity is growing by ~20% per year across the filed fiscal years. Its solvency ranks better than 58% of 538 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability94▼-6
Solvency76▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 2.14 in 2024; short-term debt: 48.8% and cash: 35.1% of total assets), and 48.8% 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
51.2%
Return on assets
20.3%
Age of the figures
9 mo
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 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies
more bankruptcies →
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-08-2026, 6 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
6 d late
2024
31 d early
2023
32 d early
2022
31 d early
2021
10 d early
2020
36 d early
2019
32 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€238k▲ 29.7%
2024 · €184k
2018: €64k
2019: €73k
2020: €73k
2021: €86k
2022: €95k
2023: €125k
2024: €184k
2018 → 2025
Total assets
€465k▲ 40.6%
2024 · €331k
2018: €250k
2019: €223k
2020: €203k
2021: €231k
2022: €232k
2023: €281k
2024: €331k
2018 → 2025
Net result
€95k▼ 3.9%
2024 · €98k
2018: €36k
2019: €48k
2020: €25k
2021: €23k
2022: €9k
2023: €71k
2024: €98k
2018 → 2025
Working capital
€130k▼ 22.2%
2024 · €167k
2018: €22k
2019: €39k
2020: €52k
2021: €73k
2022: €79k
2023: €112k
2024: €167k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€86k-€95k▲ 10.4%€125k▲ 32.2%€184k▲ 46.6%€238k▲ 29.7%
Operating result€27k-€13k▼ 51.9%€69k▲ 423%€106k▲ 54.9%€98k▼ 7.9%
Net result€23k-€9k▼ 60.8%€71k▲ 689%€98k▲ 39.6%€95k▼ 3.9%
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 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €465k
Fixed assets
€108k▲ 554%
Current assets
€357k▲ 13.6%
Equity and liabilities €465k
Equity
€238k▲ 29.7%
Debt
€227k▲ 54.3%
The debt ratio rises from 44.5% to 48.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€115k▼
2024 · €116k
Cash flow
€111k▲
2024 · €108k
Solvency
51.2%▼
2024 · 55.5%
Current ratio
1.57▼
2024 · 2.14
Quick ratio
1.29▼
2024 · 1.95
Debt / equity
0.95▲
2024 · 0.80
ROE
39.7%▼
2024 · 53.6%
ROA
20.3%▼
2024 · 29.7%
Interest coverage
292.03▲
2024 · 265.41
Debt
€227k▲
2024 · €147k
Debt ≤ 1 year
€227k▲
2024 · €147k
Income taxes
€14k▼
2024 · €18k
Staff costs
€51k▼
2024 · €59k
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€331k€465k▲
Fixed assets21/28€17k€108k▲
Tangible fixed assets22/27€17k€108k▲
Plant, machinery and equipment23€661€431▼
Furniture and vehicles24€16k€108k▲
Financial fixed assets28€30€30=
Current assets29/58€314k€357k▲
Stocks and contracts in progress3€27k€64k▲
Contracts in progress37€27k€64k▲
Amounts receivable within one year40/41€118k€129k▲
Trade receivables40€90k€114k▲
Other amounts receivable41€28k€15k▼
Cash at bank and in hand54/58€169k€163k▼
Equity and liabilities
Total equity and liabilities10/49€331k€465k▲
Equity10/15€184k€238k▲
Contributions10/11€19k€19k=
Reserves13€165k€220k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€163k€218k▲
Amounts payable17/49€147k€227k▲
Amounts payable within one year42/48€147k€227k▲
Current portion of amounts payable after more than one year42€6k-
Trade debts44€6k€30k▲
Suppliers440/4€6k€30k▲
Taxes, remuneration and social security45€18k€18k▼
Taxes450/3€18k€16k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€117k€179k▲
Income statement
Code20242025
Remuneration, social security and pensions62€59k€51k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€17k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€8k-
Other operating charges640/8€8k€8k▼
Non-recurring operating charges66A-€200
Gross operating margin9900€191k€174k▼
Operating profit (loss)9901€106k€98k▼
Financial income75/76B€11k€11k=
Recurring financial income75€11k€11k=
Financial charges65/66B€438€393▼
Recurring financial charges65€438€393▼
Profit (loss) for the period before taxes9903€117k€108k▼
Income taxes67/77€18k€14k▼
Profit (loss) for the period9904€98k€95k▼
Profit (loss) for the period to be appropriated9905€98k€95k▼
Appropriation of the result
Profit (loss) to be appropriated9906€98k€95k▼
Transfer to equity691/2€58k€55k▼
To other reserves6921€58k€55k▼
Profit to be distributed694/7€40k€40k=
Directors or managers695€40k€40k=
The notes to these accounts (6 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
06-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 6 days late
2025
31-12
Financial
Equity above €200kEq €238k ▲29.7%
8 profitable years in a row build equity to €238k.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €98k ▲39.6%
Operating result €106k, net result €98k, both a record.
31-12
Financial
Equity above €150kEq €184k ▲46.6%
7 profitable years in a row build equity to €184k.
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €125k ▲32.2%
6 profitable years in a row build equity to €125k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €9k ▼60.8%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
21-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
30-06
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
2 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, Duffel · 1 establishment unit since 2011
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.
Rooienberg 1002570 DuffelGround area
1,854 m²
Building footprint
265 m²
Volume, LiDAR
1,414 m³
Parcel 12009A0032/00Y000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SG
since 20112.198.317.631
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12009A0032/00Y000 | Flanders | 1,854 m² | 1 · 265 m² | 8.2 m · 2 fl. |
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.
Similar companies · same sector, comparable size
CREMMERY G & J
BE 0472.017.935
Izegem · Eq €239k
Govaert M&D
BE 0818.990.794
Sint-Lievens-Houtem · Eq €240k
LE RABOT A MOULURES
BE 0454.069.272
Oudergem · Eq €241k
HALLET-BREMBATI
BE 0886.216.150
Fleurus · Eq €241k
ART ET CHENE GILLES AZION
BE 0500.849.206
Stavelot · Eq €242k
Of 1,600 companies in sector 16230 we hold annual accounts for 782. 614 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-04-2011
Fiscal year end31-12
Activities, NACEBEL
16230Manufacture of other builders' carpentry and joinery
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.