SPORTIZON
ActiveSPORTIZON has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €320k and a net result of €1.38M. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 19% of 1608 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
73
/ 100
Healthy▼ -21 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▼-1
Solvency19▼-34
Growth38▼-40
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity tight (current ratio 1.14 against 1.43 in 2024), and 93% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
7%
Return on assets
30.1%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1608 sector peers (2025).
NBB · sector comparisonPosition among 1608 sector peers
Solvency
better than 19%
← 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 10-05-2026, 82 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
82 d early
2024
65 d early
2023
65 d early
2022
68 d early
2021
31 d early
2020
24 d early
2019
13 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€10.93M▼ 11.0%
2024 · €12.28M
2024: €12.28M
2024 → 2025
EBIT margin
17.1%▲ 0.6pp
2024 · 16.5%
2024: 16.5%
2024 → 2025
Net result
€1.38M▼ 9.8%
2024 · €1.53M
2018: €1.11M
2019: €1.13M
2020: €197k
2021: €1.12M
2022: €1.42M
2023: €1.34M
2024: €1.53M
2018 → 2025
Working capital
€528k▼ 63.2%
2024 · €1.43M
2018: €1.04M
2019: €1.24M
2020: €1.45M
2021: €1.74M
2022: €3.00M
2023: €1.31M
2024: €1.43M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€12.28M€10.93M▼ 11.0%
Equity€1.44M-€2.61M▲ 81.8%€1.45M▼ 44.3%€1.46M▲ 0.6%€320k▼ 78.1%
Operating result€1.47M-€1.91M▲ 29.6%€1.79M▼ 6.6%€2.03M▲ 13.5%€1.87M▼ 7.7%
Net result€1.12M-€1.42M▲ 26.5%€1.34M▼ 5.3%€1.53M▲ 14.2%€1.38M▼ 9.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 8% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.60M
Fixed assets
€322k▼ 28.9%
Current assets
€4.28M▼ 11.0%
Equity and liabilities €4.60M
Equity
€320k▼ 78.1%
Debt
€4.28M▲ 12.8%
The debt ratio rises from 72.2% to 93.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€2.01M▼
2024 · €2.33M
Cash flow
€1.52M▼
2024 · €1.84M
Solvency
7.0%▼
2024 · 27.8%
Current ratio
1.14▼
2024 · 1.43
Quick ratio
1.14▼
2024 · 1.43
Debt / equity
13.35▲
2024 · 2.59
ROE
431.8%▲
2024 · 104.9%
ROA
30.1%▲
2024 · 29.2%
Interest coverage
184.77▼
2024 · 726.54
Debt
€4.28M▲
2024 · €3.79M
Debt ≤ 1 year
€3.75M▲
2024 · €3.37M
Income taxes
€499k▼
2024 · €530k
Staff costs
€1.33M▲
2024 · €1.29M
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€5.26M€4.60M▼
Fixed assets21/28€453k€322k▼
Intangible fixed assets21€19k€14k▼
Tangible fixed assets22/27€424k€305k▼
Plant, machinery and equipment23€28k€17k▼
Furniture and vehicles24€302k€229k▼
Leasing and similar rights25€1k€0▼
Other tangible fixed assets26€93k€58k▼
Financial fixed assets28€9k€4k▼
Current assets29/58€4.80M€4.28M▼
Amounts receivable within one year40/41€3.01M€2.62M▼
Trade receivables40€2.75M€2.32M▼
Other amounts receivable41€261k€298k▲
Cash at bank and in hand54/58€1.64M€1.51M▼
Deferred charges and accrued income490/1€149k€143k▼
Equity and liabilities
Total equity and liabilities10/49€5.26M€4.60M▼
Equity10/15€1.46M€320k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1.40M€258k▼
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.39M€252k▼
Amounts payable17/49€3.79M€4.28M▲
Amounts payable within one year42/48€3.37M€3.75M▲
Trade debts44€1.44M€693k▼
Suppliers440/4€1.44M€693k▼
Taxes, remuneration and social security45€404k€530k▲
Taxes450/3€226k€382k▲
Remuneration and social security454/9€178k€148k▼
Other amounts payable47/48€1.52M€2.53M▲
Accrued charges and deferred income492/3€423k€529k▲
Income statement
Code20242025
Turnover70€12.28M€10.93M▼
Remuneration, social security and pensions62€1.29M€1.33M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€305k€138k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€60k
Other operating charges640/8€9k€26k▲
Non-recurring operating charges66A€16k€23k▲
Gross operating margin9900€3.65M€3.45M▼
Operating profit (loss)9901€2.03M€1.87M▼
Financial income75/76B€42k€23k▼
Recurring financial income75€42k€23k▼
Financial charges65/66B€3k€11k▲
Recurring financial charges65€3k€11k▲
Profit (loss) for the period before taxes9903€2.06M€1.88M▼
Income taxes67/77€530k€499k▼
Profit (loss) for the period9904€1.53M€1.38M▼
Profit (loss) for the period to be appropriated9905€1.53M€1.38M▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.53M€1.38M▼
Transfer from equity791/2-€1.14M
Transfer to equity691/2€9k-
To other reserves6921€9k-
Profit to be distributed694/7€1.52M€2.53M▲
Return on contributions (dividend)694€1.50M€2.50M▲
Employees696€25k€25k▲
Social balance
Average headcount (FTE)908720.421.6▲
The notes to these accounts (12 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
10-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €1.53M ▲14.2%
Operating result €2.03M, net result €1.53M, both a record.
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €2MEq €2.61M ▲81.8%
5 profitable years in a row build equity to €2.61M.
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €197k ▼82.6%
Net result drops to €197k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Vilvoorde · 2 establishment units since 2001
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.
Radiatorenstraat 231800 VilvoordeGround area
7,828 m²
Building footprint
8,447 m²
Volume, LiDAR
73,799 m³
2 parcels, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Golazo Brands
since 20012.094.257.912
SPORTIZON
since 20122.236.745.665
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23643E0099/00F002 | Flanders | 6,812 m² | 1 · 6,288 m² | 13.1 m · 3 fl. |
| 23643E0143/00W000 | Flanders | 1,017 m² | 1 · 2,159 m² | 9.2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 197,500 EUR awarded · 172,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 30,000 EUR | 30,000 EUR |
| 2024 | 1 | 26,500 EUR | 30,000 EUR |
| 2023 | 1 | 22,500 EUR | 72,500 EUR |
| 2022 | 1 | 118,500 EUR | 40,000 EUR |
Schemes
Subsidies voor (G-) sportevenementen
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Of 9,807 companies in sector 73110 we hold annual accounts for 3,724. 2,488 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-10-2000
Fiscal year end31-12
Activities, NACEBEL
73110Advertising agencies
93199Other sports activities
62010Computer programming, consultancy and related activities
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
72220
72300
72400
73120Media representation
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.