POOL & SPA DESIGN
ActivePOOL & SPA DESIGN has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168k and a net result of €16k. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 25% of 27787 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-12
Solvency49▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 0.9 in 2024; short-term debt: 63.5% and cash: 1.8% of total assets), and 76.2% 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
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
23.8%
Return on assets
2.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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 · 8 filingsDeviation from the deadline
2025
25 d late
2024
31 d early
2023
30 d early
2022
25 d late
2021
30 d late
2020
27 d late
2019
21 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€168k▲ 9.6%
2024 · €153k
2018: €33k
2019: €38k
2020: €54k
2021: €77k
2022: €78k
2023: €78k
2024: €153k
2018 → 2025
Total assets
€704k▼ 5.1%
2024 · €742k
2018: €151k
2019: €444k
2020: €603k
2021: €649k
2022: €619k
2023: €653k
2024: €742k
2018 → 2025
Net result
€16k▼ 82.8%
2024 · €90k
2018: €21k
2019: €179
2020: €17k
2021: €24k
2022: €1k
2023: €39
2024: €90k
2018 → 2025
Working capital
€23k
2024 · €-46k
2018: €17k
2019: €-23k
2020: €-51k
2021: €-56k
2022: €-79k
2023: €-48k
2024: €-46k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€77k-€78k▲ 1.5%€78k=€153k▲ 96.4%€168k▲ 9.6%
Operating result€32k-€7k▼ 79.0%€7k▲ 11.0%€120k▲ 1,516%€24k▼ 80.1%
Net result€24k-€1k▼ 95.1%€39▼ 96.7%€90k▲ 233,041%€16k▼ 82.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 80% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €704k
Fixed assets
€234k▼ 28.7%
Current assets
€470k▲ 13.7%
Equity and liabilities €704k
Equity
€168k▲ 9.6%
Debt
€537k▼ 8.9%
The debt ratio falls from 79.4% to 76.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▼
2024 · €132k
Cash flow
€37k▼
2024 · €101k
Solvency
23.8%▲
2024 · 20.6%
Current ratio
1.05▲
2024 · 0.90
Quick ratio
0.32▲
2024 · 0.24
Debt / equity
3.20▼
2024 · 3.85
ROE
9.2%▼
2024 · 58.9%
ROA
2.2%▼
2024 · 12.1%
Interest coverage
12.98▼
2024 · 18.20
Debt
€537k▼
2024 · €589k
Debt ≤ 1 year
€447k▼
2024 · €459k
Debt > 1 year
€89k▼
2024 · €130k
Income taxes
€6k▼
2024 · €23k
Staff costs
€160k▼
2024 · €167k
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€742k€704k▼
Fixed assets21/28€329k€234k▼
Tangible fixed assets22/27€29k€234k▲
Land and buildings22-€214k
Plant, machinery and equipment23€3k€5k▲
Furniture and vehicles24€1k€1k▼
Leasing and similar rights25€5k€2k▼
Other tangible fixed assets26€20k€13k▼
Financial fixed assets28€300k-
Current assets29/58€414k€470k▲
Stocks and contracts in progress3€303k€328k▲
Stocks30/36€303k€328k▲
Amounts receivable within one year40/41€111k€130k▲
Trade receivables40€24k€2k▼
Other amounts receivable41€87k€128k▲
Cash at bank and in hand54/58€39€13k▲
Equity and liabilities
Total equity and liabilities10/49€742k€704k▼
Equity10/15€153k€168k▲
Contributions10/11€19k€19k=
Reserves13€134k€147k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€133k€147k▲
Profit (loss) carried forward14€213€2k▲
Amounts payable17/49€589k€537k▼
Amounts payable after more than one year17€130k€89k▼
Financial debts170/4€130k€89k▼
Amounts payable within one year42/48€459k€447k▼
Current portion of amounts payable after more than one year42€38k€33k▼
Trade debts44€13k€112k▲
Suppliers440/4€13k€112k▲
Advances received on contracts in progress46€29k-
Taxes, remuneration and social security45€89k€37k▼
Taxes450/3€82k€33k▼
Remuneration and social security454/9€7k€4k▼
Other amounts payable47/48€290k€265k▼
Income statement
Code20242025
Remuneration, social security and pensions62€167k€160k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€22k▲
Other operating charges640/8€2k€17k▲
Gross operating margin9900€300k€223k▼
Operating profit (loss)9901€120k€24k▼
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€7k€4k▼
Recurring financial charges65€7k€4k▼
Profit (loss) for the period before taxes9903€113k€22k▼
Income taxes67/77€23k€6k▼
Profit (loss) for the period9904€90k€16k▼
Profit (loss) for the period to be appropriated9905€90k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€90k€16k▼
Profit (loss) brought forward from the previous period14P€34€213▲
Transfer to equity691/2€75k€13k▼
To other reserves6921€75k€13k▼
Profit to be distributed694/7€15k€833▼
Return on contributions (dividend)694-€833
Directors or managers695€15k-
The notes to these accounts (10 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €90k ▲233041%
Operating result €120k, net result €90k, both a record.
31-12
Financial
Equity above €150kEq €153k ▲96.4%
7 profitable years in a row build equity to €153k.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €39 ▼96.7%
Net result drops to €39, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
27-10-2025
Resigned as Manager
Location & real-estate footprint
Registered office, Mouscron · 1 establishment unit since 2017
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.
Geallieerdenlaan(D) 150bis7711 MouscronGround area
332 m²
Building footprint
117 m²
Volume, LiDAR
495 m³
Parcel 54003S0586/00_000, Wallonia · tallest building 5.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pool & Spa Design
since 20172.261.686.543
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54003S0586/00_000 | Wallonia | 332 m² | 1 · 117 m² | 5.6 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.
Similar companies · same sector, comparable size
OLKON
BE 0439.985.070
Wuustwezel · Eq €168k
FEDOR GROUP
BE 0783.857.592
Jette · Eq €167k
ECO FRIENDLY
BE 0882.098.204
Maldegem · Eq €167k
JDSL
BE 0763.853.521
Buggenhout · Eq €169k
V3-worx
BE 0728.986.375
Dendermonde · Eq €167k
Of 7,294 companies in sector 43350 we hold annual accounts for 2,363. 1,869 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-02-2017
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
47120Other non-specialised retail sale
47910Retail trade
93199Other sports activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.