Blue Site
ActiveBlue Site has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.26M and a net result of €483k. Equity is growing by ~51.5% per year across the filed fiscal years. Its solvency ranks better than 21% of 2029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-4
Solvency46▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 1.65 against 1.78 in 2024; short-term debt: 57% and cash: 9.7% of total assets), but 79.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 · 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
20.9%
Return on assets
8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2029 sector peers (2025).
NBB · sector comparisonPosition among 2029 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-06-2026, 37 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
37 d early
2024
29 d early
2023
43 d early
2022
42 d early
2021
51 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€434k
EBIT margin
-42.2%
Net result
€483k▼ 2.1%
2024 · €494k
2021: €-183k
2022: €-62k
2023: €24k
2024: €494k
2021 → 2025
Working capital
€2.22M▲ 9.1%
2024 · €2.03M
2021: €-47k
2022: €-110k
2023: €1.83M
2024: €2.03M
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€434k-
Equity€317k-€254k▼ 19.7%€278k▲ 9.4%€772k▲ 178%€1.26M▲ 62.7%
Operating result€-183k-€-61k▲ 66.8%€43k€663k▲ 1,447%€715k▲ 7.8%
Net result€-183k-€-62k▲ 65.9%€24k€494k▲ 1,967%€483k▼ 2.1%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.01M
Fixed assets
€364k=
Current assets
€5.65M▲ 21.7%
Equity and liabilities €6.01M
Equity
€1.26M▲ 62.7%
Debt
€4.75M▲ 12.3%
The debt ratio falls from 84.6% to 79.1%. Equity and debt are higher.
Key figures and ratios
Solvency
20.9%▲
2024 · 15.4%
Current ratio
1.65▼
2024 · 1.78
Quick ratio
1.65▼
2024 · 1.78
Debt / equity
3.79▼
2024 · 5.48
ROE
38.5%▼
2024 · 64.0%
ROA
8.0%▼
2024 · 9.9%
Debt
€4.75M▲
2024 · €4.23M
Debt ≤ 1 year
€3.43M▲
2024 · €2.61M
Debt > 1 year
€1.33M▼
2024 · €1.63M
Income taxes
€162k▲
2024 · €91k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€5.00M€6.01M▲
Fixed assets21/28€364k€364k=
Financial fixed assets28€364k€364k=
Current assets29/58€4.64M€5.65M▲
Amounts receivable after more than one year29€624k€624k=
Other amounts receivable291€624k€624k=
Amounts receivable within one year40/41€1.57M€2.08M▲
Trade receivables40€1.56M€2.07M▲
Other amounts receivable41€9k€9k▼
Current investments50/53-€1.00M
Cash at bank and in hand54/58€799k€581k▼
Deferred charges and accrued income490/1€1.65M€1.36M▼
Equity and liabilities
Total equity and liabilities10/49€5.00M€6.01M▲
Equity10/15€772k€1.26M▲
Contributions10/11€500k€500k=
Capital10€500k€500k=
Issued capital100€500k€500k=
Reserves13€50k€50k=
Non-distributable reserves130/1€50k€50k=
Legal reserve130€50k€50k=
Profit (loss) carried forward14€222k€705k▲
Amounts payable17/49€4.23M€4.75M▲
Amounts payable after more than one year17€1.63M€1.33M▼
Financial debts170/4€1.63M€1.33M▼
Amounts payable within one year42/48€2.61M€3.43M▲
Current portion of amounts payable after more than one year42€286k€298k▲
Trade debts44€1.77M€2.62M▲
Suppliers440/4€1.77M€2.62M▲
Taxes, remuneration and social security45€46k€6k▼
Taxes450/3€46k€6k▼
Other amounts payable47/48€500k€500k=
Income statement
Code20242025
Other operating charges640/8€796€2k▲
Gross operating margin9900€664k€717k▲
Operating profit (loss)9901€663k€715k▲
Financial income75/76B€26k€24k▼
Recurring financial income75€26k€24k▼
Financial charges65/66B€105k€93k▼
Recurring financial charges65€105k€93k▼
Profit (loss) for the period before taxes9903€584k€646k▲
Income taxes67/77€91k€162k▲
Profit (loss) for the period9904€494k€483k▼
Profit (loss) for the period to be appropriated9905€494k€483k▼
Appropriation of the result
Profit (loss) to be appropriated9906€272k€705k▲
Profit (loss) brought forward from the previous period14P€-222k€222k▲
Transfer to equity691/2€50k-
To the legal reserve6920€50k-
The notes to these accounts (3 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
24-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €1MEq €1.26M ▲62.7%
3 profitable years in a row build equity to €1.26M.
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2021net €494k ▲1967%
Net result €494k, the highest in the series.
31-12
Financial
Equity above €500kEq €772k ▲178%
2 profitable years in a row build equity to €772k.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 2.41
Current ratio from 0.67 to 2.41.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Farciennes
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 de la Neuville 1006240 FarciennesGround area
645 m²
Building footprint
93 m²
Volume, LiDAR
757 m³
Parcel 52018B0155/00D000, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52018B0155/00D000 | Wallonia | 645 m² | 1 · 93 m² | 10.0 m · 3 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 8,452 companies in sector 43120 we hold annual accounts for 3,231. 1,541 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-06-2020
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
39000Remediation activities and other waste management service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.