face r.a.t.
Activeface r.a.t. has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €337k and a net result of €38k. Equity is growing by ~11.5% per year across the filed fiscal years. Its solvency ranks better than 45% of 16974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
79
/ 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
Profitability76▲+1
Solvency80▲+6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.67 against 0.41 in 2024; short-term debt: 18.9% and cash: 7.2% of total assets), and 45.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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
54.5%
Return on assets
6.1%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
17 d late
2024
34 d early
2023
77 d early
2022
81 d early
2021
53 d early
2020
50 d early
2019
28 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€337k▲ 12.6%
2024 · €299k
2018: €155k
2019: €182k
2020: €222k
2021: €255k
2022: €216k
2023: €269k
2024: €299k
2018 → 2025
Total assets
€618k▲ 0.8%
2024 · €613k
2018: €451k
2019: €474k
2020: €485k
2021: €480k
2022: €659k
2023: €665k
2024: €613k
2018 → 2025
Net result
€38k▲ 23.8%
2024 · €30k
2018: €44k
2019: €28k
2020: €40k
2021: €32k
2022: €12k
2023: €53k
2024: €30k
2018 → 2025
Working capital
€-39k▲ 33.3%
2024 · €-58k
2018: €61k
2019: €48k
2020: €48k
2021: €54k
2022: €-65k
2023: €-43k
2024: €-58k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€255k-€216k▼ 15.0%€269k▲ 24.3%€299k▲ 11.3%€337k▲ 12.6%
Operating result€62k-€23k▼ 62.2%€86k▲ 269%€53k▼ 38.1%€66k▲ 23.5%
Net result€32k-€12k▼ 63.5%€53k▲ 345%€30k▼ 42.2%€38k▲ 23.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 24% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €618k
Fixed assets
€540k▼ 5.7%
Current assets
€78k▲ 95.3%
Equity and liabilities €618k
Equity
€337k▲ 12.6%
Debt
€281k▼ 10.4%
The debt ratio falls from 51.2% to 45.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€108k▲
2024 · €93k
Cash flow
€79k▲
2024 · €70k
Solvency
54.5%▲
2024 · 48.8%
Current ratio
0.67▲
2024 · 0.41
Quick ratio
0.67▲
2024 · 0.41
Debt / equity
0.83▼
2024 · 1.05
ROE
11.2%▲
2024 · 10.1%
ROA
6.1%▲
2024 · 5.0%
Interest coverage
11.81▲
2024 · 7.95
Debt
€281k▼
2024 · €313k
Debt ≤ 1 year
€117k▲
2024 · €98k
Debt > 1 year
€164k▼
2024 · €216k
Income taxes
€19k▲
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€613k€618k▲
Fixed assets21/28€573k€540k▼
Tangible fixed assets22/27€570k€537k▼
Land and buildings22€479k€456k▼
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24€466€5k▲
Other tangible fixed assets26€88k€73k▼
Financial fixed assets28€3k€3k=
Current assets29/58€40k€78k▲
Amounts receivable within one year40/41€17k€34k▲
Trade receivables40€17k€34k▲
Cash at bank and in hand54/58€23k€44k▲
Equity and liabilities
Total equity and liabilities10/49€613k€618k▲
Equity10/15€299k€337k▲
Contributions10/11€6k€6k=
Reserves13€252k€322k▲
Distributable reserves133€252k€322k▲
Profit (loss) carried forward14€41k€9k▼
Amounts payable17/49€313k€281k▼
Amounts payable after more than one year17€216k€164k▼
Financial debts170/4€212k€161k▼
Other amounts payable178/9€4k€4k=
Amounts payable within one year42/48€98k€117k▲
Current portion of amounts payable after more than one year42€61k€51k▼
Trade debts44€3k€15k▲
Suppliers440/4€3k€15k▲
Taxes, remuneration and social security45€10k€18k▲
Taxes450/3€10k€18k▲
Other amounts payable47/48€24k€33k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€42k▲
Other operating charges640/8€635€225▼
Gross operating margin9900€94k€108k▲
Operating profit (loss)9901€53k€66k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€12k€9k▼
Recurring financial charges65€12k€9k▼
Profit (loss) for the period before taxes9903€42k€57k▲
Income taxes67/77€11k€19k▲
Profit (loss) for the period9904€30k€38k▲
Profit (loss) for the period to be appropriated9905€30k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€79k▲
Profit (loss) brought forward from the previous period14P€31k€41k▲
Transfer to equity691/2€20k€70k▲
To other reserves6921€20k€70k▲
The notes to these accounts (8 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
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €53k ▲345%
Operating result €86k, net result €53k, both a record.
11-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €12k ▼63.5%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €200kEq €222k ▲22%
3 profitable years in a row build equity to €222k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Waterloo · 1 establishment unit since 2007
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.
Avenue des Sorbiers 601410 WaterlooGround area
500 m²
Building footprint
99 m²
Volume, LiDAR
936 m³
2 parcels, Wallonia · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FACE R.A.T.
since 20072.166.342.669
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25110A0063/00_000 | Wallonia | 275 m² | 1 · 52 m² | 10.9 m · 3 fl. |
| 25110A0062/00_000 | Wallonia | 225 m² | 1 · 47 m² | 11.0 m · 3 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
WHYNUT
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Zottegem · Eq €337k
IndigoStone
BE 0897.559.608
Alken · Eq €337k
DEUSE
BE 0654.792.659
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OMEGA ALPHA CONSULTING
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Of 29,996 companies in sector 62200 we hold annual accounts for 18,390. 13,412 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2007
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
72100
58290Other software publishing
62010Computer programming, consultancy and related activities
62900Other information technology and computer services
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
72210
72220
72300
72500
72600
95100Repair and maintenance of computers and communication equipment
95110Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.