stek92
Activestek92 has been active since 1928 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €58.12M and a net result of €-1.55M. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 38% of 4504 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability33=
Solvency61=
Growth59▼-3
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5M at 30 days acceptable
Liquidity ample (current ratio 2.77 against 3.52 in 2024), but 74.5% 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○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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
25.5%
Return on assets
-0.7%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
41 d early
2023
22 d early
2022
21 d early
2021
17 d early
2020
30 d early
2019
59 d late
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€14.56M▼ 0.1%
2024 · €14.59M
2019: €7.39M
2020: €7.47M
2021: €7.45M
2022: €7.64M
2023: €20.11M
2024: €14.59M
2019 → 2025
EBIT margin
-11.8%▼ 1.0pp
2024 · -10.8%
2019: 3.3%
2020: 12.7%
2021: 129.1%
2022: 107.7%
2023: -6.7%
2024: -10.8%
2019 → 2025
Net result
€-1.55M▼ 26.4%
2024 · €-1.22M
2019: €330k
2020: €757k
2021: €9.14M
2022: €7.97M
2023: €-1.13M
2024: €-1.22M
2019 → 2025
Working capital
€21.03M▼ 23.4%
2024 · €27.46M
2019: €9.81M
2020: €11.27M
2021: €20.10M
2022: €25.17M
2023: €30.65M
2024: €27.46M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€7.45M-€7.64M▲ 2.5%€20.11M▲ 163%€14.59M▼ 27.5%€14.56M▼ 0.1%
Equity€50.18M-€57.66M▲ 14.9%€80.83M▲ 40.2%€58.77M▼ 27.3%€58.12M▼ 1.1%
Operating result€9.62M-€8.23M▼ 14.5%€-1.35M€-1.58M▼ 16.9%€-1.72M▼ 9.3%
Net result€9.14M-€7.97M▼ 12.7%€-1.13M€-1.22M▼ 7.8%€-1.55M▼ 26.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.72M in 2025 against €1.58M in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €228.25M
Fixed assets
€195.32M▲ 1.7%
Current assets
€32.94M▼ 14.1%
Equity and liabilities €228.25M
Equity
€58.12M▼ 1.1%
Provisions
€1.35M▼ 36.1%
Debt
€168.79M▼ 0.5%
The debt ratio rises from 73.6% to 73.9%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€3.89M▼
2024 · €3.97M
Cash flow
€4.07M▼
2024 · €4.32M
Solvency
25.5%▼
2024 · 25.5%
Current ratio
2.77▼
2024 · 3.52
Quick ratio
1.94▼
2024 · 2.69
Debt / equity
2.90▲
2024 · 2.89
ROE
-2.7%▼
2024 · -2.1%
ROA
-0.7%▼
2024 · -0.5%
Interest coverage
1.05▲
2024 · 1.04
Debt
€168.79M▼
2024 · €169.56M
Debt ≤ 1 year
€11.90M▲
2024 · €10.90M
Debt > 1 year
€155.33M▼
2024 · €157.01M
Income taxes
€400▼
2024 · €412
Staff costs
€5.21M▲
2024 · €4.81M
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€230.43M€228.25M▼
Fixed assets21/28€192.08M€195.32M▲
Intangible fixed assets21€99k€48k▼
Tangible fixed assets22/27€191.98M€195.27M▲
Land and buildings22€174.45M€170.88M▼
Plant, machinery and equipment23€52k€47k▼
Furniture and vehicles24€166k€115k▼
Other tangible fixed assets26€1.16M€1.16M=
Assets under construction and advance payments27€16.15M€23.07M▲
Financial fixed assets28€3k€3k=
Other financial fixed assets284/8€3k€3k=
Shares284€2k€2k=
Amounts receivable and cash guarantees285/8€2k€2k=
Current assets29/58€38.36M€32.94M▼
Stocks and contracts in progress3€9.06M€9.81M▲
Stocks30/36€9.06M€9.81M▲
Goods purchased for resale34€3k€3k=
Property held for sale35€9.06M€9.81M▲
Amounts receivable within one year40/41€2.33M€2.32M▼
Trade receivables40€1.06M€887k▼
Other amounts receivable41€1.27M€1.43M▲
Current investments50/53€446€446=
Other investments51/53€446€446=
Cash at bank and in hand54/58€25.08M€18.89M▼
Deferred charges and accrued income490/1€1.89M€1.92M▲
Equity and liabilities
Total equity and liabilities10/49€230.43M€228.25M▼
Equity10/15€58.77M€58.12M▼
Contributions10/11€40.22M€40.22M=
Reserves13€6.90M€6.90M=
Non-distributable reserves130/1€4.19M€4.19M=
Reserves not available under the articles1311€362k€362k=
Other1319€3.83M€3.83M=
Tax-exempt reserves132€2.71M€2.71M=
Profit (loss) carried forward14€-2.20M€-3.75M▼
Investment grants15€13.85M€14.75M▲
Provisions and deferred taxes16€2.11M€1.35M▼
Provisions for liabilities and charges160/5€1.34M€529k▼
Major repairs and maintenance162€1.11M€302k▼
Other liabilities and charges164/5€227k€227k=
Deferred taxes168€772k€818k▲
Amounts payable17/49€169.56M€168.79M▼
Amounts payable after more than one year17€157.01M€155.33M▼
Financial debts170/4€155.06M€153.33M▼
Credit institutions173€155.06M€153.33M▼
Other amounts payable178/9€1.95M€2.00M▲
Amounts payable within one year42/48€10.90M€11.90M▲
Current portion of amounts payable after more than one year42€5.85M€6.53M▲
Trade debts44€1.92M€2.97M▲
Suppliers440/4€1.92M€2.97M▲
Taxes, remuneration and social security45€1.79M€1.51M▼
Taxes450/3€1.28M€1,000k▼
Remuneration and social security454/9€509k€507k▼
Other amounts payable47/48€1.34M€900k▼
Accrued charges and deferred income492/3€1.66M€1.55M▼
Income statement
Code20242025
Operating income70/76A€16.44M€16.42M▼
Turnover70€14.59M€14.56M▼
Own construction capitalised72€106k€126k▲
Other operating income74€1.43M€1.54M▲
Non-recurring operating income76A€314k€187k▼
Operating charges60/66A€18.02M€18.14M▲
Goods for resale, raw materials and consumables60€24k€19k▼
Purchases600/8€1.27M€770k▼
Change in stocks: decrease (increase)609€-1.25M€-751k▲
Services and other goods61€6.97M€6.02M▼
Remuneration, social security and pensions62€4.81M€5.21M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5.54M€5.62M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€549k€309k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-868k€-808k▲
Other operating charges640/8€912k€1.47M▲
Non-recurring operating charges66A€72k€306k▲
Operating profit (loss)9901€-1.58M€-1.72M▼
Financial income75/76B€4.13M€3.85M▼
Recurring financial income75€4.13M€3.85M▼
Income from current assets751€658k€284k▼
Other financial income752/9€3.48M€3.57M▲
Financial charges65/66B€3.82M€3.71M▼
Recurring financial charges65€3.82M€3.71M▼
Debt charges650€3.82M€3.71M▼
Other financial charges652/9€6k€6k▲
Profit (loss) for the period before taxes9903€-1.26M€-1.58M▼
Transfer from deferred taxes780€42k€39k▼
Income taxes67/77€412€400▼
Taxes670/3€421€400▼
Tax adjustments and reversals of tax provisions77€9-
Profit (loss) for the period9904€-1.22M€-1.55M▼
Profit (loss) for the period to be appropriated9905€-1.22M€-1.55M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2.20M€-3.75M▼
Profit (loss) brought forward from the previous period14P€-980k€-2.20M▼
Social balance
Average headcount (FTE)908748.148.5▲
The notes to these accounts (79 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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €-1.55M
Net result drops to €-1.55M, the lowest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2019net €9.14M ▲1107%
Operating result €9.62M, net result €9.14M, both a record.
31-12
Financial
Equity above €50MEq €50.18M ▲20.7%
3 profitable years in a row build equity to €50.18M.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 59 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
08-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
31 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, Dendermonde · 1 establishment unit since 1928
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.
Pijnderslaan (DEN) 29200 DendermondeGround area
1,752 m²
Building footprint
239 m²
Volume, LiDAR
1 m³
Parcel 42006E0203/00S004, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
De Volkswoningen
since 19282.187.014.656
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42006E0203/00S004 | Flanders | 1,752 m² | 1 · 239 m² | 0.1 m |
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
2022 to 2025 · 19 entries · 15,785,743 EUR awarded · 15,889,438 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 3,528,532 EUR | 4,432,307 EUR |
| 2024 | 6 | 5,090,090 EUR | 3,701,583 EUR |
| 2023 | 4 | 3,463,259 EUR | 3,860,180 EUR |
| 2022 | 5 | 3,703,862 EUR | 3,895,368 EUR |
Schemes
Tussenkomst FS3 aan initiatiefnemers
Subsidie voor sloop en infrastructuurwerken
Gewestelijke sociale correctie (GSC)
Subsidie Vlaams Klimaatfonds
Subsidie aan woonmaatschappijen voor het opknappen van woningen voor ontheemden
Show 3 more
Vlaams opleidingsverlof (VOV)
Stopgezet - Overkoepelende renovatiepremie
Erkenning en subsidiëring lokale diensteneconomie-onderneming (stopgezet)
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Of 204 companies in sector 68202 we hold annual accounts for 188. 125 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-05-1928
Fiscal year end31-12
Activities, NACEBEL
68202Real estate activities
70202
68121Development of residential building projects
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.