PASSION ARDENTE
ActivePASSION ARDENTE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €93k and a net result of €5k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 82% of 4809 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
90
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+1
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.29 against 4.0 in 2023; short-term debt: 13% and cash: 36.6% of total assets), and 23.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Sector 68
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
19 d early
2022
9 d late
2021
31 d late
2020
30 d late
2019
56 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
€5k▲ 60.8%
2023 · €3k
2018: €6k
2019: €2k
2020: €-2k
2021: €-11k
2022: €2k
2023: €3k
2018 → 2024
Working capital
€36k▲ 30.0%
2023 · €28k
2018: €21k
2019: €26k
2020: €23k
2021: €19k
2022: €30k
2023: €28k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€94k-€83k▼ 11.6%€86k▲ 2.9%€89k▲ 3.3%€93k▲ 5.1%
Operating result€-952-€-10k▼ 967%€3k€3k▲ 15.6%€5k▲ 49.4%
Net result€-2k-€-11k▼ 496%€2k€3k▲ 15.5%€5k▲ 60.8%
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 49% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €121k
Fixed assets
€69k▼ 6.0%
Current assets
€52k▲ 40.1%
Equity and liabilities €121k
Equity
€93k▲ 5.1%
Debt
€28k▲ 26.4%
The debt ratio rises from 20.1% to 23.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10k▲
2023 · €6k
Cash flow
€9k▲
2023 · €6k
Solvency
76.8%▼
2023 · 79.9%
Current ratio
3.29▼
2023 · 4.00
Quick ratio
3.29▼
2023 · 4.00
Debt / equity
0.30▲
2023 · 0.25
ROE
4.9%▲
2023 · 3.2%
ROA
3.7%▲
2023 · 2.5%
Interest coverage
15.56▲
2023 · 10.31
Debt
€28k▲
2023 · €22k
Debt ≤ 1 year
€16k▲
2023 · €9k
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€111k€121k▲
Fixed assets21/28€74k€69k▼
Tangible fixed assets22/27€74k€69k▼
Land and buildings22€74k€69k▼
Current assets29/58€37k€52k▲
Amounts receivable within one year40/41-€6k
Trade receivables40-€6k
Cash at bank and in hand54/58€36k€44k▲
Deferred charges and accrued income490/1€935€1k▲
Equity and liabilities
Total equity and liabilities10/49€111k€121k▲
Equity10/15€89k€93k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€20k€25k▲
Amounts payable17/49€22k€28k▲
Amounts payable within one year42/48€9k€16k▲
Trade debts44€2k€12k▲
Suppliers440/4€2k€12k▲
Taxes, remuneration and social security45€569€647▲
Taxes450/3€569€647▲
Other amounts payable47/48€6k€3k▼
Accrued charges and deferred income492/3€13k€12k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€6k€9k▲
Gross operating margin9900€13k€18k▲
Operating profit (loss)9901€3k€5k▲
Financial income75/76B€1€1▼
Recurring financial income75€1€1▼
Financial charges65/66B€624€613▼
Recurring financial charges65€624€613▼
Profit (loss) for the period before taxes9903€3k€5k▲
Profit (loss) for the period9904€3k€5k▲
Profit (loss) for the period to be appropriated9905€3k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€20k€25k▲
Profit (loss) brought forward from the previous period14P€18k€20k▲
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
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 9 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 56 days late
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Chièvres · 1 establishment unit since 1999
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 du Bosquet 87950 ChièvresGround area
1,684 m²
Building footprint
129 m²
Volume, LiDAR
682 m³
Parcel 51028A0194/00T000, Wallonia · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Bosquet 8, 7950 Chièvres
since 19992.311.884.241
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51028A0194/00T000 | Wallonia | 1,684 m² | 1 · 129 m² | 7.3 m · 2 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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PRAET
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,381. 3,664 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-09-1999
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
70120
68201Renting and operating of own or leased residential real estate, excluding social housing
70201
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.