STRENGTH HOUSE
ActiveSTRENGTH HOUSE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €382k and a net result of €201k. Equity is growing by ~83.7% per year across the filed fiscal years. Its solvency ranks better than 64% of 3020 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
94
/ 100
Excellent▼ -6 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency89▼-8
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.1 against 4.39 in 2023), but 55.3% 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.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
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 28-07-2025, 3 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
110 d late
2022
67 d late
2021
18 d early
2020
25 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€382k▲ 0.3%
2023 · €381k
2020: €34k
2021: €112k
2022: €215k
2023: €381k
2020 → 2024
Total assets
€855k▲ 21.6%
2023 · €703k
2020: €97k
2021: €185k
2022: €548k
2023: €703k
2020 → 2024
Net result
€201k▲ 21.3%
2023 · €166k
2020: €24k
2021: €78k
2022: €104k
2023: €166k
2020 → 2024
Working capital
€294k▼ 1.3%
2023 · €298k
2020: €-10k
2021: €57k
2022: €113k
2023: €298k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€34k-€112k▲ 228%€215k▲ 92.5%€381k▲ 77.0%€382k▲ 0.3%
Operating result€29k-€112k▲ 291%€145k▲ 29.2%€247k▲ 70.6%€274k▲ 10.8%
Net result€24k-€78k▲ 225%€104k▲ 33.1%€166k▲ 60.2%€201k▲ 21.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 11% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €855k
Fixed assets
€295k▼ 7.2%
Current assets
€561k▲ 45.3%
Equity and liabilities €855k
Equity
€382k▲ 0.3%
Debt
€473k▲ 46.8%
The debt ratio rises from 45.8% to 55.3%: debt grows faster than equity.
Key figures and ratios
EBITDA
€307k▲
2023 · €278k
Cash flow
€234k▲
2023 · €197k
Solvency
44.7%▼
2023 · 54.2%
Current ratio
2.10▼
2023 · 4.39
Quick ratio
2.10▼
2023 · 4.34
Debt / equity
1.24▲
2023 · 0.84
ROE
52.6%▲
2023 · 43.5%
ROA
23.5%▼
2023 · 23.6%
Interest coverage
26.50▲
2023 · 24.58
Debt
€473k▲
2023 · €322k
Debt ≤ 1 year
€266k▲
2023 · €88k
Debt > 1 year
€206k▼
2023 · €234k
Income taxes
€61k▼
2023 · €72k
Staff costs
€34k▲
2023 · €33k
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€703k€855k▲
Fixed assets21/28€318k€295k▼
Tangible fixed assets22/27€318k€295k▼
Land and buildings22€211k€218k▲
Plant, machinery and equipment23€78k€68k▼
Furniture and vehicles24€3k€3k▼
Leasing and similar rights25€2k€1k▼
Other tangible fixed assets26€23k€4k▼
Current assets29/58€386k€561k▲
Stocks and contracts in progress3€4k€2k▼
Stocks30/36€4k€2k▼
Amounts receivable within one year40/41€19k€6k▼
Trade receivables40€18k€6k▼
Other amounts receivable41€518€0▼
Current investments50/53€200k€492k▲
Cash at bank and in hand54/58€163k€59k▼
Deferred charges and accrued income490/1€764€765▲
Equity and liabilities
Total equity and liabilities10/49€703k€855k▲
Equity10/15€381k€382k▲
Contributions10/11-€15k
Reserves13€381k€366k▼
Non-distributable reserves130/1€15k€0▼
Reserves not available under the articles1311€15k€0▼
Distributable reserves133€366k€366k=
Profit (loss) carried forward14-€1k
Amounts payable17/49€322k€473k▲
Amounts payable after more than one year17€234k€206k▼
Financial debts170/4€234k€206k▼
Amounts payable within one year42/48€88k€266k▲
Current portion of amounts payable after more than one year42€28k€28k▼
Trade debts44€11k€12k▲
Suppliers440/4€11k€12k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€49k€27k▼
Taxes450/3€42k€18k▼
Remuneration and social security454/9€7k€9k▲
Other amounts payable47/48€0€200k▲
Income statement
Code20232024
Remuneration, social security and pensions62€33k€34k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€33k▲
Other operating charges640/8€7k€4k▼
Gross operating margin9900€319k€344k▲
Operating profit (loss)9901€247k€274k▲
Financial income75/76B€2k€18▼
Recurring financial income75€2k€18▼
Financial charges65/66B€11k€12k▲
Recurring financial charges65€11k€12k▲
Profit (loss) for the period before taxes9903€238k€262k▲
Income taxes67/77€72k€61k▼
Profit (loss) for the period9904€166k€201k▲
Profit (loss) for the period to be appropriated9905€166k€201k▲
Appropriation of the result
Profit (loss) to be appropriated9906€166k€201k▲
Transfer from equity791/2-€15k
Transfer to equity691/2€166k€15k▼
To contributions691-€15k
To other reserves6921€166k€0▼
Profit to be distributed694/7-€200k
Return on contributions (dividend)694-€200k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €201k ▲21.3%
Operating result €274k, net result €201k, both a record.
18-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 110 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 4.39
Current ratio from 2.16 to 4.39; short-term debt falls from €98k to €88k.
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 67 days late
2022
31-12
Financial
Equity above €200kEq €215k ▲92.5%
3 profitable years in a row build equity to €215k.
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 1.81
Current ratio from 0.81 to 1.81.
31-12
Financial
Equity above €100kEq €112k ▲228%
2 profitable years in a row build equity to €112k.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro 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, Bredene · 1 establishment unit since 2017
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.
Brugsesteenweg 18450 BredeneGround area
361 m²
Building footprint
115 m²
Volume, LiDAR
737 m³
Parcel 35302D0065/00N000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
STRENGTH HOUSE
since 20172.262.592.603
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35302D0065/00N000 | Flanders | 361 m² | 1 · 115 m² | 8.8 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
Food safety, FASFC
1 siteBredene2.262.592.603
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Of 1,510 companies in sector 93130 we hold annual accounts for 682. 390 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-03-2017
Fiscal year end31-12
Activities, NACEBEL
93130Fitness centres
85510Sports and recreation education
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.