ADV. KAREN TIELENS
ActiveSummary
ADV. KAREN TIELENS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30k and a net result of €-3k. Equity is shrinking by ~15.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 12707 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability26▼-74
Solvency92▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.72 against 2.85 in 2024; short-term debt: 33.2% and cash: 5% of total assets), and 33.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.8%
Return on assets
-7.3%
Age of the figures
18 mo
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 · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
1 d early
2022
7 d late
2021
6 d early
2020
30 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€30k▼ 9.8%
2024 · €33k
2019: €64k
2020: €48k
2021: €32k
2022: €59k
2023: €22k
2024: €33k
2019 → 2025
Total assets
€45k▲ 0.2%
2024 · €45k
2019: €71k
2020: €64k
2021: €50k
2022: €77k
2023: €138k
2024: €45k
2019 → 2025
Net result
€-3k
2024 · €11k
2019: €14k
2020: €-16k
2021: €-16k
2022: €26k
2023: €-1k
2024: €11k
2019 → 2025
Working capital
€26k▲ 20.2%
2024 · €21k
2019: €59k
2020: €44k
2021: €31k
2022: €56k
2023: €9k
2024: €21k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€32k-€59k▲ 82.0%€22k▼ 62.3%€33k▲ 50.8%€30k▼ 9.8%
Operating result€-15k-€30k€2k▼ 94.4%€20k▲ 1,129%€2k▼ 92.1%
Net result€-16k-€26k€-1k€11k€-3k
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 92% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €45k
Fixed assets
€4k ▼ 63.7%
Current assets
€41k ▲ 23.3%
Equity and liabilities €45k
Equity
€30k ▼ 9.8%
Debt
€15k ▲ 29.1%
Debt's share of the balance-sheet total rises from 25.8% to 33.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€9k▼
2024 · €29k
Cash flow
€4k▼
2024 · €20k
Current ratio
2.72▼
2024 · 2.85
Debt to equity
0.50▲
2024 · 0.35
ROE
-10.9%▼
2024 · 33.7%
ROA
-7.3%▼
2024 · 25.0%
Interest coverage
1.98▼
2024 · 15.08
Debt ≤ 1 year
€15k▲
2024 · €12k
Income taxes
€270▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€45k€45k▲
Fixed assets21/28€12k€4k▼
Tangible fixed assets22/27€12k€4k▼
Plant, machinery and equipment23€2k€838▼
Furniture and vehicles24€10k€3k▼
Current assets29/58€33k€41k▲
Amounts receivable within one year40/41€17k€38k▲
Trade receivables40€11k€15k▲
Other amounts receivable41€6k€23k▲
Cash at bank and in hand54/58€13k€2k▼
Deferred charges and accrued income490/1€2k€316▼
Equity and liabilities
Total equity and liabilities10/49€45k€45k▲
Equity10/15€33k€30k▼
Contributions10/11€12k€12k=
Reserves13€21k€21k=
Distributable reserves133€21k€21k=
Profit (loss) carried forward14-€-3k
Amounts payable17/49€12k€15k▲
Amounts payable within one year42/48€12k€15k▲
Current portion of amounts payable after more than one year42€2k-
Financial debts43€3k€3k=
Credit institutions430/8€3k€3k=
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Advances received on contracts in progress46-€6k
Taxes, remuneration and social security45€4k€1k▼
Taxes450/3€4k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€8k▼
Other operating charges640/8€1k€733▼
Gross operating margin9900€30k€10k▼
Operating profit (loss)9901€20k€2k▼
Financial income75/76B€162€48▼
Recurring financial income75€162€48▼
Financial charges65/66B€2k€5k▲
Recurring financial charges65€2k€5k▲
Profit (loss) for the period before taxes9903€18k€-3k▼
Income taxes67/77€7k€270▼
Profit (loss) for the period9904€11k€-3k▼
Profit (loss) for the period to be appropriated9905€11k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-3k▼
Profit (loss) brought forward from the previous period14P€-6k-
Transfer from equity791/2€2k-
Transfer to equity691/2€7k-
To other reserves6921€7k-
The notes to these accounts (7 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
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
31-03
Financial
Liquidity triplescurrent ratio 2.85
Current ratio from 1.08 to 2.85; short-term debt falls from €113k to €12k.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
31-03
Financial
Back to profitnet €26k
Net result €26k after 2 loss-making years.
2021
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
31-03
Financial
Weakest financial yearnet €-16k ▼214%
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-10
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
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, Schilde · 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.
Vloeyenbergdreef 202970 SchildeGround area
2,746 m²
Building footprint
254 m²
Volume, LiDAR
1,324 m³
Parcel 11039D0119/00T006, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vloeyenbergdreef 20, 2970 Schilde
since 20072.190.490.325
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11039D0119/00T006 | Flanders | 2,746 m² | 1 · 254 m² | 8.9 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 470 EUR awarded · 890 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 0 EUR | 630 EUR |
| 2023 | 1 | 420 EUR | 210 EUR |
| 2022 | 1 | 50 EUR | 50 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 22,058 companies in sector 69101 we hold annual accounts for 9,052. 6,669 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2007
Fiscal year end31-03
Activities, NACEBEL 2025
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.