TEAM - WORK
ActiveTEAM - WORK has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €418k and a net result of €-28k. Equity is shrinking by ~8% per year across the filed fiscal years. Its solvency ranks better than 42% of 15870 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-25
Solvency58▼-2
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days only on tighter terms
Liquidity tight (current ratio 1.03 against 1.05 in 2023), and 71.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 46
Relative position
BE, all sectors
reference
Sector 46
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 2024Solvency, return and age of the figures
Solvency
28.6%
Return on assets
-1.9%
Age of the figures
20 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-02-2026, 189 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
189 d late
2023
126 d late
2022
443 d late
2021
176 d late
2020
131 d late
2019
528 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€418k▼ 6.2%
2023 · €445k
2018: €676k
2019: €714k
2020: €713k
2021: €401k
2022: €423k
2023: €445k
2018 → 2024
Total assets
€1.46M▼ 1.4%
2023 · €1.48M
2018: €1.63M
2019: €1.64M
2020: €1.68M
2021: €1.47M
2022: €1.47M
2023: €1.48M
2018 → 2024
Net result
€-28k
2023 · €22k
2018: €2k
2019: €46k
2020: €-932
2021: €22k
2022: €25k
2023: €22k
2018 → 2024
Working capital
€15k▼ 30.0%
2023 · €22k
2018: €399k
2019: €191k
2020: €188k
2021: €-44k
2022: €-22k
2023: €22k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€713k-€401k▼ 43.8%€423k▲ 5.7%€445k▲ 5.3%€418k▼ 6.2%
Operating result€12k-€46k▲ 287%€17k▼ 63.4%€19k▲ 12.7%€-28k
Net result€-932-€22k€25k▲ 11.2%€22k▼ 9.5%€-28k
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 2024: a loss of €28k after €19k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.46M
Fixed assets
€974k▼ 2.1%
Current assets
€487k=
Equity and liabilities €1.46M
Equity
€418k▼ 6.2%
Provisions
€571k=
Debt
€472k▲ 1.4%
The debt ratio rises from 31.4% to 32.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-7k▼
2023 · €40k
Cash flow
€-6k▼
2023 · €43k
Solvency
28.6%▼
2023 · 30.0%
Current ratio
1.03▼
2023 · 1.05
Quick ratio
1.03▼
2023 · 1.05
Debt / equity
1.13▲
2023 · 1.05
ROE
-6.6%▼
2023 · 5.0%
ROA
-1.9%▼
2023 · 1.5%
Interest coverage
-0.42▼
2023 · 3.85
Debt
€472k▲
2023 · €466k
Debt ≤ 1 year
€472k▲
2023 · €466k
Income taxes
€7k▼
2023 · €10k
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€1.48M€1.46M▼
Fixed assets21/28€995k€974k▼
Tangible fixed assets22/27€213k€192k▼
Land and buildings22€165k€160k▼
Plant, machinery and equipment23€424-
Furniture and vehicles24€48k€32k▼
Financial fixed assets28€782k€782k=
Current assets29/58€487k€487k=
Amounts receivable within one year40/41€361k€342k▼
Trade receivables40€311k€311k=
Other amounts receivable41€51k€32k▼
Cash at bank and in hand54/58€4k€132▼
Deferred charges and accrued income490/1€122k€145k▲
Equity and liabilities
Total equity and liabilities10/49€1.48M€1.46M▼
Equity10/15€445k€418k▼
Contributions10/11€20k€20k=
Reserves13€137k€137k=
Non-distributable reserves130/1€20k€20k=
Reserves not available under the articles1311€20k€20k=
Tax-exempt reserves132€94k€94k=
Distributable reserves133€23k€23k=
Profit (loss) carried forward14€289k€261k▼
Provisions and deferred taxes16€571k€571k=
Provisions for liabilities and charges160/5€523k€523k=
Pensions and similar obligations160€262k€262k=
Environmental obligations163€261k-
Other liabilities and charges164/5-€261k
Deferred taxes168€48k€48k=
Amounts payable17/49€466k€472k▲
Amounts payable within one year42/48€466k€472k▲
Financial debts43€194k€192k▼
Credit institutions430/8€194k€192k▼
Trade debts44€129k€129k=
Suppliers440/4€129k€129k=
Taxes, remuneration and social security45€17k€18k▲
Taxes450/3€17k€18k▲
Other amounts payable47/48€125k€134k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€21k=
Other operating charges640/8€4k€3k▼
Gross operating margin9900€44k€-4k▼
Operating profit (loss)9901€19k€-28k▼
Financial income75/76B€24k€23k▼
Recurring financial income75€24k€23k▼
Financial charges65/66B€10k€16k▲
Recurring financial charges65€10k€16k▲
Profit (loss) for the period before taxes9903€32k€-20k▼
Income taxes67/77€10k€7k▼
Profit (loss) for the period9904€22k€-28k▼
Profit (loss) for the period to be appropriated9905€22k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€311k€261k▼
Profit (loss) brought forward from the previous period14P€289k€289k=
Transfer to equity691/2€22k-
To other reserves6921€22k-
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
2026
05-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 189 days late
2024
31-12
Financial
Weakest financial yearnet €-28k ▼224%
Net result drops to €-28k, the lowest in the series.
04-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 126 days late
16-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 443 days late
2023
23-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 176 days late
2022
10-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 528 days late
2021
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
09-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 131 days late
2019
31-12
Financial
Highest result since 2018net €46k ▲2483%
Net result €46k, the highest in the series.
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 43 days late
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 392 days late
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 121 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
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, Heusden-Zolder · 1 establishment unit since 1998
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.
Eikhof 743550 Heusden-ZolderGround area
3,002 m²
Building footprint
440 m²
Volume, LiDAR
1,624 m³
Parcel 71065F0270/00G002, Flanders · tallest building 11.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Eikhof 74, 3550 Heusden-Zolder
since 19982.087.435.149
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065F0270/00G002 | Flanders | 3,002 m² | 1 · 440 m² | 11.4 m · 1 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
PIONEER SOLUTIONS EUROPE BV
BE 0545.967.864
Schilde · Eq €417k
CCS Group
BE 0535.909.954
Pelt · Eq €416k
Rent 2 Work
BE 0603.990.789
Eeklo · Eq €416k
OFFICE SHIROKI
BE 0473.328.623
Ukkel · Eq €415k
LOUISE I
BE 0863.950.195
Antwerpen · Eq €422k
Of 4,406 companies in sector 46180 we hold annual accounts for 1,875. 1,226 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded30-04-1998
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
51180
33150Repair, maintenance and installation of machinery and equipment
35120
47639Retail sale of other sporting goods
47640Retail trade
52482
71406
77210Renting and leasing of sports and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.