THE ACTIVATORS
ActiveTHE ACTIVATORS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €81k and a net result of €11k. Equity is growing by ~47.7% per year across the filed fiscal years. Its solvency ranks better than 82% of 2465 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▼-18
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 5.09 against 6.6 in 2023; short-term debt: 18.5% and cash: 73% of total assets), and 18.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
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
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 08-05-2025, 84 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
84 d early
2023
43 d early
2022
35 d early
2021
32 d early
2020
43 d early
2019
46 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€81k▲ 15.6%
2023 · €70k
2018: €6k
2019: €14k
2020: €11k
2021: €28k
2022: €55k
2023: €70k
2018 → 2024
Total assets
€99k▲ 21.8%
2023 · €81k
2018: €8k
2019: €18k
2020: €25k
2021: €41k
2022: €76k
2023: €81k
2018 → 2024
Net result
€11k▼ 57.2%
2023 · €25k
2018: €-12k
2019: €8k
2020: €-3k
2021: €17k
2022: €27k
2023: €25k
2018 → 2024
Working capital
€75k▲ 16.4%
2023 · €64k
2018: €6k
2019: €13k
2020: €5k
2021: €21k
2022: €50k
2023: €64k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€11k-€28k▲ 159%€55k▲ 95.8%€70k▲ 27.4%€81k▲ 15.6%
Operating result€-8k-€21k€41k▲ 94.4%€39k▼ 4.1%€18k▼ 54.2%
Net result€-3k-€17k€27k▲ 56.0%€25k▼ 5.2%€11k▼ 57.2%
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 two years in a row; 2024 is 54% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €99k
Fixed assets
€6k▲ 5.9%
Current assets
€93k▲ 22.9%
Equity and liabilities €99k
Equity
€81k▲ 15.6%
Debt
€18k▲ 59.2%
The debt ratio rises from 14.2% to 18.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€19k▼
2023 · €40k
Cash flow
€12k▼
2023 · €26k
Solvency
81.5%▼
2023 · 85.8%
Current ratio
5.09▼
2023 · 6.60
Quick ratio
5.09▼
2023 · 6.60
Debt / equity
0.23▲
2023 · 0.16
ROE
13.5%▼
2023 · 36.4%
ROA
11.0%▼
2023 · 31.2%
Interest coverage
10.63▼
2023 · 30.00
Debt
€18k▲
2023 · €12k
Debt ≤ 1 year
€18k▲
2023 · €12k
Income taxes
€5k▼
2023 · €13k
Staff costs
€0▼
2023 · €160
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€81k€99k▲
Fixed assets21/28€5k€6k▲
Tangible fixed assets22/27€5k€6k▲
Plant, machinery and equipment23€5k€6k▲
Furniture and vehicles24€0-
Current assets29/58€76k€93k▲
Amounts receivable within one year40/41€31k€21k▼
Trade receivables40€26k€6k▼
Other amounts receivable41€4k€15k▲
Cash at bank and in hand54/58€45k€72k▲
Deferred charges and accrued income490/1-€51
Equity and liabilities
Total equity and liabilities10/49€81k€99k▲
Equity10/15€70k€81k▲
Contributions10/11€6k€6k=
Reserves13€64k€74k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€64k€74k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€12k€18k▲
Amounts payable within one year42/48€12k€18k▲
Financial debts43-€528
Credit institutions430/8-€528
Trade debts44€7k€11k▲
Suppliers440/4€7k€11k▲
Taxes, remuneration and social security45€4k€7k▲
Taxes450/3€4k€7k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€529€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€160€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€941€1k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€42k€21k▼
Operating profit (loss)9901€39k€18k▼
Financial income75/76B€43€0▼
Recurring financial income75€43€0▼
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€38k€16k▼
Income taxes67/77€13k€5k▼
Profit (loss) for the period9904€25k€11k▼
Profit (loss) for the period to be appropriated9905€25k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€11k▼
Transfer from equity791/2€10k€0▼
Transfer to equity691/2€25k€11k▼
To other reserves6921€25k€11k▼
Profit to be distributed694/7€10k€0▼
Return on contributions (dividend)694€10k€0▼
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
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €27k ▲56%
Operating result €41k, net result €27k, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Niel · 1 establishment unit since 2008
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.
Willem Eekelersstraat 122845 NielGround area
154 m²
Building footprint
84 m²
Volume, LiDAR
468 m³
Parcel 11030A0282/00M003, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
THE ACTIVATORS
since 20082.174.599.646
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11030A0282/00M003 | Flanders | 154 m² | 1 · 84 m² | 9.8 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.
Similar companies · same sector, comparable size
Pepper Blend
BE 0837.130.784
Hasselt · Eq €81k
AAssist
BE 0668.582.990
Knokke-Heist · Eq €81k
AOVD Groep
BE 0816.979.332
Knokke-Heist · Eq €81k
Domein Reckheim
BE 0449.436.731
Lanaken · Eq €81k
LOKAAL VRIJETIJDSBELEID BERENDRECHT ZANDVLIET LILLO
BE 0464.798.957
Antwerpen · Eq €80k
Of 3,526 companies in sector 90391 we hold annual accounts for 680. 524 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2008
Fiscal year end31-12
Activities, NACEBEL
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
90029Arts creation and performing arts activities
90032Arts creation and performing arts activities
90120Visual arts creation
90399Other support activities for arts and performing arts
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.