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ACTIVE RENT

Active1 interim measure
Private limited companyfounded 199927 yrs activeLijnstraat 18, 9831 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0465.092.036
Summary

The file of ACTIVE RENT contains 1 interim measure, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 1.2% (low). The 2024 annual accounts show equity of €165k and a net result of €5k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 36% of 3539 sector peers (fiscal year 2024).

Checked score

Score 2024
52 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+70
Solvency48▲+6
Growth78▲+26
Track record80
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity tight (current ratio 1.04 against 0.88 in 2023; short-term debt: 76.5% and cash: 3.8% of total assets), and 76.5% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Interim administrator appointed
A court appointed an interim administrator, which usually happens once continuity is already under threat.
Belgian State Gazette
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies more bankruptcies →
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 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
2 d early
2023
22 d late
2023
1 d early
2022
4 d late
2021
9 d late
2020
73 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€165k▲ 2.9%
2023 · €161k
2019: €-162k 2020: €-147k 2021: €-137k 2022: €-206k 2023: €-197k 2023: €161k
2019 → 2024
Total assets
€704k▼ 27.3%
2023 · €968k
2019: €196k 2020: €306k 2021: €1.01M 2022: €955k 2023: €1.10M 2023: €968k
2019 → 2024
Net result
€5k
2023 · €-142k
2019: €-17k 2020: €15k 2021: €9k 2022: €-69k 2023: €9k 2023: €-142k
2019 → 2024
Working capital
€23k
2023 · €-96k
2019: €-226k 2020: €-321k 2021: €209k 2022: €16k 2023: €-25k 2023: €-96k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320232024Trend
Equity€-137k-€-206k▼ 50.1%€-197k▲ 4.5%€161k€165k▲ 2.9%
Operating result€9k-€-71k€7k€-145k€39
Net result€9k-€-69k€9k€-142k€5k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-150k€-100k€-50k€0Operating result 2021: €9k€9kNet result 2021: €9k€9kOperating result 2022: €-71k€-71kNet result 2022: €-69k€-69kOperating result 2023: €7k€7kNet result 2023: €9k€9kOperating result 2023: €-145k€-145kNet result 2023: €-142k€-142kOperating result 2024: €39€39Net result 2024: €5k€5k20212022202320232024€-150k€-100k€-50k€0Operating result 2023: €7k€6.8kNet result 2023: €9k€9.2kOperating result 2023: €-145k€-145kNet result 2023: €-142k€-142kOperating result 2024: €39€39Net result 2024: €5k€4.6k202320232024
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €704k
Fixed assets €143k ▼ 44.9%
Current assets €561k ▼ 20.9%
Equity and liabilities €704k
Equity €165k ▲ 2.9%
Debt €538k ▼ 33.3%
Debt's share of the balance-sheet total falls from 83.4% to 76.5%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€61k
2023 · €-68k
Cash flow
€65k
2023 · €-65k
Current ratio
1.04
2023 · 0.88
Quick ratio
0.55
2023 · 0.31
Debt to equity
3.26
2023 · 5.03
ROE
2.8%
2023 · -88.6%
ROA
0.7%
2023 · -14.7%
Interest coverage
47.03
2023 · -769.43
Debt ≤ 1 year
€538k
2023 · €805k
Income taxes
€70
2023 · €98
Staff costs
€31k
2023 · €34k
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 · 2024 against 2023 · 49 lines
Balance sheet Code20232024
Assets
Total assets20/58€968k€704k
Fixed assets21/28€259k€143k
Tangible fixed assets22/27€239k€130k
Plant, machinery and equipment23€9k€0
Furniture and vehicles24€185k€130k
Other tangible fixed assets26€44k€0
Financial fixed assets28€20k€13k
Current assets29/58€709k€561k
Stocks and contracts in progress3€461k€263k
Stocks30/36€461k€263k
Amounts receivable within one year40/41€210k€272k
Trade receivables40€7k€70k
Other amounts receivable41€203k€202k
Cash at bank and in hand54/58€34k€27k
Deferred charges and accrued income490/1€4k€0
Equity and liabilities
Total equity and liabilities10/49€968k€704k
Equity10/15€161k€165k
Contributions10/11€519k€519k=
Profit (loss) carried forward14€-358k€-353k
Amounts payable17/49€808k€538k
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€805k€538k
Trade debts44€81k€48k
Suppliers440/4€81k€48k
Advances received on contracts in progress46€35k€0
Taxes, remuneration and social security45€20k€15k
Taxes450/3€18k€13k
Remuneration and social security454/9€2k€2k
Other amounts payable47/48€669k€474k
Accrued charges and deferred income492/3€3k€386
Income statement Code20232024
Non-recurring operating income76A€0€7k
Remuneration, social security and pensions62€34k€31k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€77k€61k
Other operating charges640/8€2k€6k
Non-recurring operating charges66A-€32k
Gross operating margin9900€-32k€129k
Operating profit (loss)9901€-145k€39
Financial income75/76B€3k€6k
Recurring financial income75€3k€6k
Financial charges65/66B€88€1k
Recurring financial charges65€88€1k
Profit (loss) for the period before taxes9903€-142k€5k
Income taxes67/77€98€70
Profit (loss) for the period9904€-142k€5k
Profit (loss) for the period to be appropriated9905€-142k€5k
Appropriation of the result
Profit (loss) to be appropriated9906€-358k€-353k
Profit (loss) brought forward from the previous period14P€-216k€-358k
Social balance
Average headcount (FTE)90871.0-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
29-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
27-03
Interim measure Provisional administrator
Ondernemingsrechtbank Gent
2024
31-12
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
22-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
31-12
Financial Weakest financial yearnet €-142k ▼1646%
Net result drops to €-142k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €150kEq €161k
Equity rises from €-197k to €161k.
30-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
2022
04-11
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 4 days late
2021
09-11
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 9 days late
31-03
Financial Liquidity times 5current ratio 1.32
Current ratio from 0.29 to 1.32.
12-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 73 days late
Show earlier events
2020
31-03
Financial Back to profitnet €15k
Net result €15k after one loss-making year.
2019
16-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
28-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2017
03-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
14-11
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 14 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
7 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, Sint-Martens-Latem · 1 establishment unit since 2001
seat establishment The establishment unit on the map
Ground area
1,866 m²
Building footprint
131 m²
Volume, LiDAR
551 m³
Parcel 44015B0307/00P000, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
ACTIVE RENT
Lijnstraat 18, 9831 Sint-Martens-LatemNACE 5010301
since 20012.090.081.467
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44015B0307/00P000 Flanders 1,866 m² 1 · 131 m² 7.2 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

Of 7,375 companies in sector 95311 we hold annual accounts for 2,959. 2,340 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
Founded29-01-1999
Fiscal year end31-12
Activities, NACEBEL 2025
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
95312Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
77110Renting and leasing of cars and light motor vehicles
95314Bodywork repair (including spraying and painting)
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.