TONIC PLAY
ActiveTONIC PLAY has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €281k and a net result of €-21k. Equity is growing by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 45% of 511 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50▼-22
Solvency55▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days only on tighter terms
Liquidity short (current ratio 0.07 against 0.1 in 2023; short-term debt: 12.2% and cash: 0.4% of total assets), and 69.6% 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 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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
30.4%
Return on assets
-2.2%
Age of the figures
21 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 19-11-2025, 111 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
111 d late
2023
5 d late
2022
115 d late
2021
236 d late
2020
578 d late
2019
145 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-21k
2023 · €26k
2018: €25k
2019: €-18k
2020: €285k
2021: €-42k
2022: €8k
2023: €26k
2018 → 2024
Working capital
€-105k▲ 10.0%
2023 · €-117k
2018: €-109k
2019: €-232k
2020: €-106k
2021: €-162k
2022: €-122k
2023: €-117k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€309k-€267k▼ 13.6%€275k▲ 3.1%€301k▲ 9.4%€281k▼ 6.8%
Operating result€358k-€-23k€20k€40k▲ 95.5%€14k▼ 65.9%
Net result€285k-€-42k€8k€26k▲ 212%€-21k
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 66% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €924k
Fixed assets
€916k▼ 6.0%
Current assets
€8k▼ 36.3%
Equity and liabilities €924k
Equity
€281k▼ 6.8%
Provisions
€22k▼ 19.3%
Debt
€621k▼ 5.7%
The debt ratio rises from 66.7% to 67.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€116k▼
2023 · €136k
Cash flow
€81k▼
2023 · €122k
Solvency
30.4%▼
2023 · 30.5%
Current ratio
0.07▼
2023 · 0.10
Quick ratio
0.07▼
2023 · 0.10
Debt / equity
2.21▲
2023 · 2.18
ROE
-7.3%▼
2023 · 8.6%
ROA
-2.2%▼
2023 · 2.6%
Interest coverage
4.08▼
2023 · 7.05
Debt
€621k▼
2023 · €658k
Debt ≤ 1 year
€113k▼
2023 · €129k
Debt > 1 year
€507k▼
2023 · €528k
Income taxes
€11k
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€987k€924k▼
Fixed assets21/28€974k€916k▼
Tangible fixed assets22/27€974k€916k▼
Land and buildings22€836k€826k▼
Furniture and vehicles24€138k€90k▼
Current assets29/58€13k€8k▼
Amounts receivable within one year40/41€3k€5k▲
Trade receivables40€3k€5k▲
Other amounts receivable41€413€119▼
Cash at bank and in hand54/58€9k€3k▼
Equity and liabilities
Total equity and liabilities10/49€987k€924k▼
Equity10/15€301k€281k▼
Contributions10/11€63k€63k=
Reserves13€111k€90k▼
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Tax-exempt reserves132€110k€89k▼
Profit (loss) carried forward14€128k€128k▲
Provisions and deferred taxes16€28k€22k▼
Deferred taxes168€28k€22k▼
Amounts payable17/49€658k€621k▼
Amounts payable after more than one year17€528k€507k▼
Financial debts170/4€528k€507k▼
Amounts payable within one year42/48€129k€113k▼
Current portion of amounts payable after more than one year42€79k€101k▲
Trade debts44€15k€4k▼
Suppliers440/4€15k€4k▼
Taxes, remuneration and social security45€4k€7k▲
Taxes450/3€4k€7k▲
Other amounts payable47/48€32k€1k▼
Accrued charges and deferred income492/3€443€467▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€96k€102k▲
Gross operating margin9900€136k€116k▼
Operating profit (loss)9901€40k€14k▼
Financial income75/76B€6€18▲
Recurring financial income75€6€18▲
Financial charges65/66B€19k€28k▲
Recurring financial charges65€19k€28k▲
Profit (loss) for the period before taxes9903€21k€-15k▼
Transfer from deferred taxes780€5k€5k=
Income taxes67/77-€11k
Profit (loss) for the period9904€26k€-21k▼
Transfer from tax-exempt reserves789€21k€21k=
Profit (loss) for the period to be appropriated9905€47k€706▼
Appropriation of the result
Profit (loss) to be appropriated9906€128k€128k▲
Profit (loss) brought forward from the previous period14P€80k€128k▲
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
2025
19-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 111 days late
2024
05-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 5 days late
2023
23-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 115 days late
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 236 days late
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 578 days late
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
2021
31-12
Financial
Weakest financial yearnet €-42k ▼115%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
2020
31-12
Financial
Back to profitnet €285k
Net result €285k after one loss-making year.
31-12
Financial
Equity above €200kEq €309k ▲1199%
Equity rises from €24k to €309k.
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 145 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
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, Soignies · 1 establishment unit since 2016
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.
Rue d'Ecaussinnes 27062 SoigniesGround area
2,319 m²
Building footprint
365 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
TONIC PLAY
since 20162.257.200.589
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55028A0211/00B000 | Wallonia | 1,690 m² | 1 · 225 m² | - |
| 55302B0087/00Y003 | Wallonia | 628 m² | 1 · 139 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteBraine-le-Comte2.257.200.589
Similar companies · same sector, comparable size
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MIVA INVEST
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Of 298 companies in sector 93293 we hold annual accounts for 190. 144 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-08-2016
Fiscal year end31-12
Activities, NACEBEL
93293Sports, amusement and recreation activities
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
85599Other education
90021Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
93110Operation of sports facilities
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0484268829