BKV EXPLOITATION
ActiveThe computed 12-month bankruptcy probability of BKV EXPLOITATION is 4.9% (elevated). The 2025 annual accounts show equity of €327k and a net result of €104k. Equity is growing by ~79.7% per year across the filed fiscal years. Its solvency ranks better than 50% of 13240 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-14
Solvency55▲+12
Growth78=
Track record94
Bankruptcy probability, 12 months
4.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days only on tighter terms
Liquidity ample (current ratio 1.83 against 0.81 in 2024; short-term debt: 21.2% and cash: 36.6% of total assets), but 69.9% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
30.1%
Return on assets
9.6%
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 21-08-2026, 21 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 · 3 filingsDeviation from the deadline
2025
21 d late
2024
27 d late
2023
58 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€327k▲ 107%
2024 · €158k
2023: €75k
2024: €158k
2023 → 2025
Total assets
€1.09M▲ 23.0%
2024 · €883k
2023: €498k
2024: €883k
2023 → 2025
Net result
€104k▼ 43.7%
2024 · €185k
2023: €104k
2024: €185k
2023 → 2025
Working capital
€192k
2024 · €-72k
2023: €111k
2024: €-72k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€75k-€158k▲ 111%€327k▲ 107%
Operating result€136k-€246k▲ 80.3%€174k▼ 29.2%
Net result€104k-€185k▲ 78.1%€104k▼ 43.7%
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 29% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.09M
Fixed assets
€663k▲ 14.2%
Current assets
€423k▲ 39.8%
Equity and liabilities €1.09M
Equity
€327k▲ 107%
Debt
€759k▲ 4.7%
The debt ratio falls from 82.1% to 69.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€310k▲
2024 · €308k
Cash flow
€241k▼
2024 · €247k
Solvency
30.1%▲
2024 · 17.9%
Current ratio
1.83▲
2024 · 0.81
Quick ratio
1.81▲
2024 · 0.80
Debt / equity
2.32▼
2024 · 4.58
ROE
31.9%▼
2024 · 117.0%
ROA
9.6%▼
2024 · 21.0%
Interest coverage
11.04▼
2024 · 22.74
Debt
€759k▲
2024 · €725k
Debt ≤ 1 year
€231k▼
2024 · €375k
Debt > 1 year
€511k▲
2024 · €348k
Income taxes
€43k▼
2024 · €48k
Staff costs
€241k▲
2024 · €144k
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€883k€1.09M▲
Fixed assets21/28€581k€663k▲
Intangible fixed assets21€69k€86k▲
Tangible fixed assets22/27€512k€576k▲
Land and buildings22€107k€90k▼
Plant, machinery and equipment23€321k€368k▲
Furniture and vehicles24€84k€118k▲
Financial fixed assets28-€900
Current assets29/58€302k€423k▲
Stocks and contracts in progress3€4k€5k▲
Stocks30/36€4k€5k▲
Amounts receivable within one year40/41€99k€8k▼
Trade receivables40€19k€5k▼
Other amounts receivable41€81k€3k▼
Cash at bank and in hand54/58€199k€397k▲
Deferred charges and accrued income490/1€134€13k▲
Equity and liabilities
Total equity and liabilities10/49€883k€1.09M▲
Equity10/15€158k€327k▲
Contributions10/11€75k€150k▲
Profit (loss) carried forward14€83k€177k▲
Amounts payable17/49€725k€759k▲
Amounts payable after more than one year17€348k€511k▲
Financial debts170/4€348k€511k▲
Amounts payable within one year42/48€375k€231k▼
Current portion of amounts payable after more than one year42€41k€107k▲
Trade debts44€128k€27k▼
Suppliers440/4€128k€27k▼
Taxes, remuneration and social security45€102k€83k▼
Taxes450/3€73k€49k▼
Remuneration and social security454/9€29k€34k▲
Other amounts payable47/48€103k€13k▼
Accrued charges and deferred income492/3€2k€17k▲
Income statement
Code20242025
Remuneration, social security and pensions62€144k€241k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€62k€136k▲
Other operating charges640/8€14k€6k▼
Gross operating margin9900€466k€558k▲
Operating profit (loss)9901€246k€174k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€14k€28k▲
Recurring financial charges65€14k€28k▲
Non-recurring financial charges66B€45-
Profit (loss) for the period before taxes9903€234k€147k▼
Income taxes67/77€48k€43k▼
Profit (loss) for the period9904€185k€104k▼
Profit (loss) for the period to be appropriated9905€185k€104k▼
Appropriation of the result
Profit (loss) to be appropriated9906€185k€188k▲
Profit (loss) brought forward from the previous period14P-€83k
Profit to be distributed694/7€102k€10k▼
Return on contributions (dividend)694€83k-
Employees696€19k€10k▼
The notes to these accounts (13 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 1.83
Current ratio from 0.81 to 1.83; short-term debt falls from €375k to €231k.
31-12
Financial
Equity above €200kEq €327k ▲107%
3 profitable years in a row build equity to €327k.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Highest result since 2023net €185k ▲78.1%
Operating result €246k, net result €185k, both a record.
31-12
Financial
Equity above €150kEq €158k ▲111%
2 profitable years in a row build equity to €158k.
27-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 58 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, Neupré · 2 establishment units since 2022
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 Machette(N) 214121 NeupréGround area
3,122 m²
Building footprint
189 m²
Volume, LiDAR
1,023 m³
3 parcels, Wallonia · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
BKV EXPLOITATION
since 20222.336.003.191
BKV EXPLOITATION
since 20262.390.286.470
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61063B0348/00C000 | Wallonia | 1,563 m² | 1 · 82 m² | 7.0 m · 2 fl. |
| 61044C0111/00S000 | Wallonia | 846 m² | 1 · 107 m² | 6.3 m · 2 fl. |
| 63049A0389/00P002 | Wallonia | 713 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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
DOLCE GRILL
BE 0777.764.509
Frameries · Eq €327k
INSIEME
BE 0506.713.746
Gent · Eq €327k
Black Docks
BE 0766.812.615
Brussel · Eq €328k
JUSTIE
BE 0403.838.516
Oud-Turnhout · Eq €327k
MRJKING
BE 0675.760.002
Namur · Eq €328k
Of 21,896 companies in sector 56112 we hold annual accounts for 9,783. 5,515 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-07-2022
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
93299Other amusement and recreation activities
93110Operation of sports facilities
93191Sports, amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.