THE PERFORMANCE FACTORY
ActiveSummary
THE PERFORMANCE FACTORY has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.23M and a net result of €304k. Equity is growing by ~45.2% per year across the filed fiscal years. Its solvency ranks better than 92% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▼-20
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €300k at 30 days acceptable
Liquidity ample (current ratio 25.5 against 10.26 in 2024; short-term debt: 3.9% and cash: 56.7% of total assets), and 4.5% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
95.5%
Return on assets
9%
Age of the figures
12 mo
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 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
2 d late
2022
2 d late
2021
5 d early
2020
on the day
2019
56 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.23M▲ 10.4%
2024 · €2.93M
2018: €43k
2019: €618k
2020: €353k
2021: €1.19M
2022: €843k
2023: €1.83M
2024: €2.93M
2018 → 2025
Total assets
€3.38M▲ 2.4%
2024 · €3.30M
2018: €745k
2019: €931k
2020: €797k
2021: €1.56M
2022: €2.38M
2023: €2.00M
2024: €3.30M
2018 → 2025
Net result
€304k▼ 75.7%
2024 · €1.25M
2018: €625k
2019: €575k
2020: €-265k
2021: €1.08M
2022: €856k
2023: €986k
2024: €1.25M
2018 → 2025
Working capital
€3.25M▲ 9.0%
2024 · €2.98M
2018: €54k
2019: €680k
2020: €503k
2021: €1.18M
2022: €949k
2023: €1.91M
2024: €2.98M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.19M-€843k▼ 29.0%€1.83M▲ 117%€2.93M▲ 60.1%€3.23M▲ 10.4%
Operating result€1.38M-€1.07M▼ 22.4%€1.28M▲ 18.9%€638k▼ 50.0%€301k▼ 52.8%
Net result€1.08M-€856k▼ 21.1%€986k▲ 15.2%€1.25M▲ 26.7%€304k▼ 75.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 53% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.38M
Fixed assets
€2k ▼ 16.4%
Current assets
€3.38M ▲ 2.4%
Equity and liabilities €3.38M
Equity
€3.23M ▲ 10.4%
Debt
€151k ▼ 59.7%
Debt's share of the balance-sheet total falls from 11.3% to 4.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€302k▼
2024 · €639k
Cash flow
€305k▼
2024 · €1.25M
Current ratio
25.50▲
2024 · 10.26
Debt to equity
0.05▼
2024 · 0.13
ROE
9.4%▼
2024 · 42.7%
ROA
9.0%▼
2024 · 37.8%
Interest coverage
628.19▼
2024 · 1666.35
Debt ≤ 1 year
€133k▼
2024 · €322k
Income taxes
€107k▲
2024 · €-510k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.30M€3.38M▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€1k€994▼
Plant, machinery and equipment23€768€904▲
Furniture and vehicles24€562€90▼
Financial fixed assets28€720€720=
Current assets29/58€3.30M€3.38M▲
Amounts receivable within one year40/41€278k€768k▲
Trade receivables40€152k€89k▼
Other amounts receivable41€126k€680k▲
Current investments50/53€2.89M€696k▼
Cash at bank and in hand54/58€79k€1.92M▲
Deferred charges and accrued income490/1€50k-
Equity and liabilities
Total equity and liabilities10/49€3.30M€3.38M▲
Equity10/15€2.93M€3.23M▲
Contributions10/11€6k€6k=
Reserves13€2.92M€3.22M▲
Tax-exempt reserves132€653k€653k=
Distributable reserves133€2.27M€2.57M▲
Amounts payable17/49€375k€151k▼
Amounts payable within one year42/48€322k€133k▼
Trade debts44€78k€58k▼
Suppliers440/4€78k€58k▼
Taxes, remuneration and social security45€4k-
Taxes450/3€4k-
Other amounts payable47/48€239k€74k▼
Accrued charges and deferred income492/3€53k€19k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€45k€60k▲
Gross operating margin9900€684k€362k▼
Operating profit (loss)9901€638k€301k▼
Financial income75/76B€101k€110k▲
Recurring financial income75€101k€110k▲
Financial charges65/66B€384€481▲
Recurring financial charges65€384€481▲
Profit (loss) for the period before taxes9903€739k€410k▼
Income taxes67/77€-510k€107k▲
Profit (loss) for the period9904€1.25M€304k▼
Transfer to tax-exempt reserves689€211k-
Profit (loss) for the period to be appropriated9905€1.04M€304k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.04M€304k▼
Transfer to equity691/2€888k€304k▼
To other reserves6921€888k€304k▼
Profit to be distributed694/7€150k-
Return on contributions (dividend)694€150k-
The notes to these accounts (10 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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Liquidity doublescurrent ratio 25.50
Current ratio from 10.26 to 25.50; short-term debt falls from €322k to €133k.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €1.25M ▲26.7%
Net result €1.25M, the highest in the series.
30-09
Financial
Equity above €2MEq €2.93M ▲60.1%
4 profitable years in a row build equity to €2.93M.
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 2 days late
2023
30-09
Financial
Liquidity times 15current ratio 24.72
Current ratio from 1.67 to 24.72; short-term debt falls from €1.42M to €81k.
30-09
Financial
Equity above €1MEq €1.83M ▲117%
3 profitable years in a row build equity to €1.83M.
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 2 days late
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €1.08M
Net result €1.08M after one loss-making year.
30-09
Financial
Equity above €1MEq €1.19M ▲237%
Equity rises from €353k to €1.19M.
Show earlier events
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Weakest financial yearnet €-265k ▼146%
Net result drops to €-265k, the lowest in the series; recovery starts the following year.
05-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Liquidity triplescurrent ratio 3.75
Current ratio from 1.08 to 3.75; short-term debt falls from €685k to €248k.
30-09
Financial
Equity above €500kEq €618k ▲1349%
2 profitable years in a row build equity to €618k.
12-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
17-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Elsene · 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.
Louizalaan 1431050 ElseneGround area
1,907 m²
Building footprint
1,788 m²
Volume, LiDAR
27,322 m³
Parcel 21807G0089/00A007, Brussels · tallest building 32.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Louizalaan 143, 1050 Brussel
since 20082.245.617.504
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0089/00A007 | Brussels | 1,907 m² | 1 · 1,788 m² | 32.0 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.
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 15,111 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-01-2009
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.