DE KOETSGANG
ActiveDE KOETSGANG has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292k and a net result of €16k. Equity is growing by ~9.3% per year across the filed fiscal years. Its solvency ranks better than 93% of 7931 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-5
Solvency100=
Growth52=
Track record100
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 ample (current ratio 4.24 against 3.54 in 2024; short-term debt: 5.9% and cash: 12.3% of total assets), and 8.5% 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 · 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
91.5%
Return on assets
5.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 18-08-2026, 19 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
19 d late
2024
14 d late
2023
20 d late
2022
10 d late
2021
5 d late
2020
4 d late
2019
215 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-12-2026 and is due by 30-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-12-2026 close30-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€292k▲ 2.5%
2024 · €285k
2018: €156k
2019: €189k
2020: €199k
2021: €208k
2022: €242k
2023: €290k
2024: €285k
2018 → 2025
Total assets
€319k▼ 2.5%
2024 · €327k
2018: €280k
2019: €299k
2020: €300k
2021: €297k
2022: €322k
2023: €351k
2024: €327k
2018 → 2025
Net result
€16k▼ 43.0%
2024 · €29k
2018: €36k
2019: €33k
2020: €10k
2021: €10k
2022: €35k
2023: €48k
2024: €29k
2018 → 2025
Working capital
€61k▼ 17.0%
2024 · €73k
2018: €108k
2019: €99k
2020: €97k
2021: €83k
2022: €80k
2023: €96k
2024: €73k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€208k-€242k▲ 16.4%€290k▲ 19.6%€285k▼ 1.7%€292k▲ 2.5%
Operating result€17k-€53k▲ 214%€71k▲ 34.5%€44k▼ 38.3%€26k▼ 40.5%
Net result€10k-€35k▲ 240%€48k▲ 38.1%€29k▼ 40.0%€16k▼ 43.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €319k
Fixed assets
€240k▲ 6.4%
Current assets
€80k▼ 22.0%
Equity and liabilities €319k
Equity
€292k▲ 2.5%
Debt
€27k▼ 35.7%
The debt ratio falls from 12.9% to 8.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32k▼
2024 · €47k
Cash flow
€23k▼
2024 · €32k
Solvency
91.5%▲
2024 · 87.1%
Current ratio
4.24▲
2024 · 3.54
Quick ratio
4.24▲
2024 · 3.54
Debt / equity
0.09▼
2024 · 0.15
ROE
5.6%▼
2024 · 10.2%
ROA
5.2%▼
2024 · 8.9%
Interest coverage
14.29▼
2024 · 20.80
Debt
€27k▼
2024 · €42k
Debt ≤ 1 year
€19k▼
2024 · €29k
Debt > 1 year
€7k▼
2024 · €14k
Income taxes
€9k▼
2024 · €14k
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€327k€319k▼
Fixed assets21/28€225k€240k▲
Tangible fixed assets22/27€225k€240k▲
Land and buildings22€214k€220k▲
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€7k€7k▲
Other tangible fixed assets26-€10k
Current assets29/58€102k€80k▼
Amounts receivable after more than one year29€34k€32k▼
Other amounts receivable291€34k€32k▼
Amounts receivable within one year40/41-€865
Other amounts receivable41-€865
Cash at bank and in hand54/58€60k€39k▼
Deferred charges and accrued income490/1€8k€7k▼
Equity and liabilities
Total equity and liabilities10/49€327k€319k▼
Equity10/15€285k€292k▲
Contributions10/11€22k€22k=
Outside capital11€22k€22k=
Other1109/19€22k€22k=
Reserves13€263k€270k▲
Distributable reserves133€263k€270k▲
Amounts payable17/49€42k€27k▼
Amounts payable after more than one year17€14k€7k▼
Financial debts170/4€14k€7k▼
Amounts payable within one year42/48€29k€19k▼
Current portion of amounts payable after more than one year42€7k€7k▼
Trade debts44€3k€4k▲
Suppliers440/4€3k€4k▲
Taxes, remuneration and social security45€17k€6k▼
Taxes450/3€16k€6k▼
Remuneration and social security454/9€414-
Other amounts payable47/48€2k€2k▲
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€6k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€49k€35k▼
Operating profit (loss)9901€44k€26k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€43k€26k▼
Income taxes67/77€14k€9k▼
Profit (loss) for the period9904€29k€16k▼
Profit (loss) for the period to be appropriated9905€29k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€29k€16k▼
Transfer from equity791/2€33k€9k▼
Transfer to equity691/2€28k€16k▼
To other reserves6921€28k€16k▼
Profit to be distributed694/7€34k€9k▼
Return on contributions (dividend)694€34k€9k▼
The notes to these accounts (5 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
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
30-12
Financial
Highest result since 2018net €48k ▲38.1%
Operating result €71k, net result €48k, both a record.
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
30-12
Financial
Equity above €200kEq €208k ▲4.8%
4 profitable years in a row build equity to €208k.
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
02-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 215 days late
2020
30-12
Financial
Weakest financial yearnet €10k ▼69%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 24 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 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, Antwerpen · 1 establishment unit since 1995
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.
Camille Huysmanslaan 662020 AntwerpenGround area
401 m²
Building footprint
206 m²
Volume, LiDAR
3,760 m³
Parcel 11809I2104/00X005, Flanders · tallest building 22.2 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
DE KOETSGANG
since 19952.072.032.440
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11809I2104/00X005 | Flanders | 401 m² | 1 · 205 m² | 22.2 m · 6 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
MOVETHERM
BE 0433.561.690
Ieper · Eq €289k
NIPAU
BE 0432.333.948
Hasselt · Eq €295k
ELYSEE DECOR
BE 0418.977.444
Genk · Eq €295k
GRADATEX
BE 0453.481.829
Grâce-Hollogne · Eq €286k
WS SALES EN MARKETING
BE 0463.207.464
Anderlecht · Eq €283k
Of 679 companies in sector 46494 we hold annual accounts for 530. 404 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-03-1995
Fiscal year end30-12
Activities, NACEBEL
46494Wholesale of non-electrical household articles
51471
51441
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.