ShiftLeft
ActiveShiftLeft has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €216k and a net result of €30k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 91% of 8969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▼-11
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 12.11 against 17.8 in 2023; short-term debt: 7.6% and cash: 49.8% of total assets), and 7.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
25 d late
2023
22 d late
2022
16 d late
2021
28 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€216k▼ 30.1%
2023 · €309k
2021: €170k
2022: €239k
2023: €309k
2021 → 2024
Total assets
€233k▼ 28.4%
2023 · €326k
2021: €226k
2022: €310k
2023: €326k
2021 → 2024
Net result
€30k▼ 56.9%
2023 · €70k
2021: €106k
2022: €84k
2023: €70k
2021 → 2024
Working capital
€196k▼ 31.9%
2023 · €288k
2021: €163k
2022: €222k
2023: €288k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€170k-€239k▲ 40.8%€309k▲ 29.0%€216k▼ 30.1%
Operating result€152k-€122k▼ 19.5%€103k▼ 16.1%€50k▼ 51.6%
Net result€106k-€84k▼ 20.5%€70k▼ 16.9%€30k▼ 56.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 52% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €233k
Fixed assets
€20k▼ 6.4%
Current assets
€214k▼ 29.9%
Equity and liabilities €233k
Equity
€216k▼ 30.1%
Debt
€18k▲ 3.0%
The debt ratio rises from 5.3% to 7.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€58k▼
2023 · €111k
Cash flow
€39k▼
2023 · €78k
Solvency
92.4%▼
2023 · 94.7%
Current ratio
12.11▼
2023 · 17.80
Quick ratio
12.11▼
2023 · 17.80
Debt / equity
0.08▲
2023 · 0.06
ROE
14.0%▼
2023 · 22.7%
ROA
13.0%▼
2023 · 21.5%
Interest coverage
8.83▼
2023 · 23.36
Debt
€18k▲
2023 · €17k
Debt ≤ 1 year
€18k▲
2023 · €17k
Income taxes
€13k▼
2023 · €28k
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€326k€233k▼
Fixed assets21/28€21k€20k▼
Tangible fixed assets22/27€21k€20k▼
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€8k€8k▲
Other tangible fixed assets26€11k€9k▼
Current assets29/58€305k€214k▼
Amounts receivable within one year40/41€86k€92k▲
Trade receivables40€43k€29k▼
Other amounts receivable41€43k€62k▲
Cash at bank and in hand54/58€216k€116k▼
Deferred charges and accrued income490/1€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€326k€233k▼
Equity10/15€309k€216k▼
Contributions10/11€500€500=
Reserves13€308k€215k▼
Distributable reserves133€308k€215k▼
Amounts payable17/49€17k€18k▲
Amounts payable within one year42/48€17k€18k▲
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€15k€14k▼
Taxes450/3€15k€14k▼
Other amounts payable47/48€725€705▼
Income statement
Code20232024
Non-recurring operating income76A€15k€4k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲
Other operating charges640/8€757€648▼
Gross operating margin9900€111k€59k▼
Operating profit (loss)9901€103k€50k▼
Financial income75/76B€552€415▼
Recurring financial income75€552€415▼
Financial charges65/66B€5k€7k▲
Recurring financial charges65€5k€7k▲
Profit (loss) for the period before taxes9903€99k€44k▼
Income taxes67/77€28k€13k▼
Profit (loss) for the period9904€70k€30k▼
Profit (loss) for the period to be appropriated9905€70k€30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€30k▼
Transfer from equity791/2€800€123k▲
Transfer to equity691/2€70k€30k▼
To other reserves6921€70k€30k▼
Profit to be distributed694/7€800€123k▲
Return on contributions (dividend)694€800€123k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet €30k ▼56.9%
Net result drops to €30k, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 17.80
Current ratio from 4.13 to 17.80; short-term debt falls from €71k to €17k.
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Equity above €200kEq €239k ▲40.8%
2 profitable years in a row build equity to €239k.
03-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro 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, Lommel · 1 establishment unit since 2018
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.
Eendenbekstraat 113920 LommelGround area
730 m²
Building footprint
135 m²
Volume, LiDAR
640 m³
Parcel 72020C1081/00D000, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Tekstuur
since 20182.271.268.262
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72020C1081/00D000 | Flanders | 730 m² | 1 · 135 m² | 7.1 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500AR5D73DE799888
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VEAUDEVILLE
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STL VISUALS & GRPHX
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Of 9,857 companies in sector 73110 we hold annual accounts for 3,754. 2,772 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-01-2018
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.