ACTIO'NOVO
ActiveSummary
ACTIO'NOVO has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166k and a net result of €30k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 66% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
78
/ 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
Profitability83▼-10
Solvency87=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 4.15 against 2.7 in 2024; short-term debt: 16.6% and cash: 9.1% of total assets), and 38.3% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
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
61.7%
Return on assets
11.1%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
50 d early
2023
40 d early
2022
35 d early
2021
27 d early
2020
2 d early
2019
17 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€166k▲ 21.9%
2024 · €136k
2019: €86k
2020: €75k
2021: €76k
2022: €89k
2023: €93k
2024: €136k
2019 → 2025
Total assets
€268k▲ 21.7%
2024 · €220k
2019: €428k
2020: €300k
2021: €283k
2022: €353k
2023: €195k
2024: €220k
2019 → 2025
Net result
€30k▼ 30.1%
2024 · €43k
2019: €34k
2020: €-12k
2021: €885
2022: €14k
2023: €4k
2024: €43k
2019 → 2025
Working capital
€141k▲ 4.1%
2024 · €135k
2019: €80k
2020: €59k
2021: €53k
2022: €163k
2023: €87k
2024: €135k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€76k-€89k▲ 18.3%€93k▲ 4.2%€136k▲ 45.7%€166k▲ 21.9%
Operating result€49k-€38k▼ 22.5%€19k▼ 51.1%€76k▲ 306%€47k▼ 37.8%
Net result€885-€14k▲ 1,466%€4k▼ 72.9%€43k▲ 1,036%€30k▼ 30.1%
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 falls in 2025; 2025 is 38% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €268k
Fixed assets
€83k ▲ 1,353%
Current assets
€185k ▼ 13.6%
Equity and liabilities €268k
Equity
€166k ▲ 21.9%
Debt
€103k ▲ 21.4%
Debt's share of the balance-sheet total falls from 38.4% to 38.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€59k▼
2024 · €79k
Cash flow
€42k▼
2024 · €46k
Current ratio
4.15▲
2024 · 2.70
Quick ratio
3.98▲
2024 · 2.58
Debt to equity
0.62▼
2024 · 0.62
ROE
18.0%▼
2024 · 31.4%
ROA
11.1%▼
2024 · 19.3%
Interest coverage
15.14▲
2024 · 11.68
Debt ≤ 1 year
€45k▼
2024 · €79k
Debt > 1 year
€58k
Income taxes
€14k▼
2024 · €27k
Staff costs
€32k▼
2024 · €65k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€220k€268k▲
Fixed assets21/28€6k€83k▲
Tangible fixed assets22/27€3k€80k▲
Plant, machinery and equipment23€2k€6k▲
Furniture and vehicles24€2k€75k▲
Financial fixed assets28€2k€2k=
Current assets29/58€215k€185k▼
Amounts receivable after more than one year29€30k€30k=
Other amounts receivable291€30k€30k=
Stocks and contracts in progress3€10k€8k▼
Stocks30/36€10k€8k▼
Amounts receivable within one year40/41€161k€119k▼
Trade receivables40€95k€52k▼
Other amounts receivable41€66k€67k▲
Cash at bank and in hand54/58€8k€24k▲
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€220k€268k▲
Equity10/15€136k€166k▲
Contributions10/11€31k€31k=
Reserves13€105k€135k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€102k€131k▲
Amounts payable17/49€85k€103k▲
Amounts payable after more than one year17-€58k
Financial debts170/4-€58k
Amounts payable within one year42/48€79k€45k▼
Current portion of amounts payable after more than one year42-€15k
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€53k€17k▼
Suppliers440/4€53k€17k▼
Taxes, remuneration and social security45€27k€2k▼
Taxes450/3€27k€2k▼
Accrued charges and deferred income492/3€5k€203▼
Income statement
Code20242025
Non-recurring operating income76A-€2k
Remuneration, social security and pensions62€65k€32k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€12k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€146k€93k▼
Operating profit (loss)9901€76k€47k▼
Financial income75/76B€435€442▲
Recurring financial income75€435€442▲
Financial charges65/66B€7k€4k▼
Recurring financial charges65€7k€4k▼
Profit (loss) for the period before taxes9903€69k€44k▼
Income taxes67/77€27k€14k▼
Profit (loss) for the period9904€43k€30k▼
Profit (loss) for the period to be appropriated9905€43k€30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€43k€30k▼
Transfer to equity691/2€43k€30k▼
To other reserves6921€43k€30k▼
Social balance
Average headcount (FTE)90871.5-
The notes to these accounts (9 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
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Equity above €150kEq €166k ▲21.9%
5 profitable years in a row build equity to €166k.
2024
12-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Highest result since 2019net €43k ▲1036%
Net result €43k, the highest in the series.
30-06
Financial
Equity above €100kEq €136k ▲45.7%
4 profitable years in a row build equity to €136k.
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
04-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €885
Net result €885 after one loss-making year.
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €-12k ▼135%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
08-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
05-07
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
1 act for this company is 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, Waregem · 2 establishment units since 1995
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.
Wagenaarstraat 1158791 WaregemGround area
2,091 m²
Building footprint
708 m²
Volume, LiDAR
3,497 m³
2 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
ACTIO'NOVO
since 19952.070.367.802
Tiendemeersstraat 36, 8531 Harelbeke
since 19962.070.367.901
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34006B0394/00G000 | Flanders | 1,829 m² | 1 · 577 m² | 5.9 m · 2 fl. |
| 34004A0384/00V013 | Flanders | 262 m² | 1 · 130 m² | 9.2 m · 1 fl. |
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.
Similar companies · same sector, comparable size
WILLEMS PIET
BE 0808.248.441
Bilzen-Hoeselt · Eq €165,532
ESE
BE 0816.545.406
Kapellen · Eq €165,559
SOTRATECH
BE 0717.653.411
Herstal · Eq €165,481
TECH-D
BE 0878.245.126
Leuven · Eq €165,591
B.G.S.M.
BE 0819.163.416
Seraing · Eq €165,621
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,520 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 (pre-2019)
Founded09-02-1995
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.