DER KREIS
ActiveDER KREIS has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.58M and a net result of €295k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 75% of 7983 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 and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+1
Solvency95▲+1
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280k at 30 days acceptable
Liquidity ample (current ratio 2.83 against 2.74 in 2024; short-term debt: 30.1% and cash: 19.6% of total assets), and 30.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
69.9%
Return on assets
5.8%
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
13 d early
2023
8 d early
2022
11 d early
2021
5 d late
2020
5 d early
2019
42 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, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€295k▲ 27.1%
2024 · €232k
2018: €245k
2019: €235k
2020: €261k
2021: €359k
2022: €570k
2023: €234k
2024: €232k
2018 → 2025
Working capital
€2.82M▲ 12.0%
2024 · €2.52M
2018: €754k
2019: €988k
2020: €1.26M
2021: €1.61M
2022: €2.22M
2023: €2.24M
2024: €2.52M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.26M-€2.83M▲ 25.2%€3.07M▲ 8.2%€3.30M▲ 7.6%€3.58M▲ 8.6%
Operating result€484k-€779k▲ 61.1%€301k▼ 61.4%€284k▼ 5.4%€360k▲ 26.6%
Net result€359k-€570k▲ 58.7%€234k▼ 59.0%€232k▼ 0.5%€295k▲ 27.1%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 27% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.12M
Fixed assets
€765k▼ 2.4%
Current assets
€4.36M▲ 9.9%
Equity and liabilities €5.12M
Equity
€3.58M▲ 8.6%
Debt
€1.54M▲ 6.2%
The debt ratio falls from 30.5% to 30.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€381k▲
2024 · €325k
Cash flow
€317k▲
2024 · €273k
Solvency
69.9%▲
2024 · 69.5%
Current ratio
2.83▲
2024 · 2.74
Quick ratio
2.83▲
2024 · 2.74
Debt / equity
0.43▼
2024 · 0.44
ROE
8.2%▲
2024 · 7.0%
ROA
5.8%▲
2024 · 4.9%
Interest coverage
81.89▲
2024 · 67.91
Debt
€1.54M▲
2024 · €1.45M
Debt ≤ 1 year
€1.54M▲
2024 · €1.45M
Income taxes
€103k▲
2024 · €92k
Staff costs
€278k▼
2024 · €293k
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€4.75M€5.12M▲
Fixed assets21/28€784k€765k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€779k€761k▼
Land and buildings22€779k€758k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€565€2k▲
Financial fixed assets28€4k€4k=
Current assets29/58€3.97M€4.36M▲
Amounts receivable within one year40/41€1.60M€1.47M▼
Trade receivables40€1.14M€1.07M▼
Other amounts receivable41€461k€405k▼
Current investments50/53€2.01M€1.87M▼
Cash at bank and in hand54/58€335k€1.01M▲
Deferred charges and accrued income490/1€18k€13k▼
Equity and liabilities
Total equity and liabilities10/49€4.75M€5.12M▲
Equity10/15€3.30M€3.58M▲
Contributions10/11€6k€6k=
Reserves13€3.06M€3.19M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132-€126k
Distributable reserves133€3.06M€3.06M=
Profit (loss) carried forward14€233k€391k▲
Amounts payable17/49€1.45M€1.54M▲
Amounts payable within one year42/48€1.45M€1.54M▲
Trade debts44€136k€184k▲
Suppliers440/4€136k€184k▲
Taxes, remuneration and social security45€23k€39k▲
Taxes450/3€140€23k▲
Remuneration and social security454/9€23k€15k▼
Other amounts payable47/48€1.29M€1.32M▲
Income statement
Code20242025
Non-recurring operating income76A€762€6k▲
Remuneration, social security and pensions62€293k€278k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€21k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€8k€3k▼
Other operating charges640/8€26k€15k▼
Gross operating margin9900€651k€678k▲
Operating profit (loss)9901€284k€360k▲
Financial income75/76B€44k€43k▼
Recurring financial income75€44k€43k▼
Financial charges65/66B€5k€5k▼
Recurring financial charges65€5k€5k▼
Profit (loss) for the period before taxes9903€324k€399k▲
Income taxes67/77€92k€103k▲
Profit (loss) for the period9904€232k€295k▲
Transfer to tax-exempt reserves689-€126k
Profit (loss) for the period to be appropriated9905€232k€169k▼
Appropriation of the result
Profit (loss) to be appropriated9906€536k€402k▼
Profit (loss) brought forward from the previous period14P€303k€233k▼
Transfer to equity691/2€303k-
To other reserves6921€303k-
Profit to be distributed694/7-€11k
Employees696-€11k
Social balance
Average headcount (FTE)90874.33.3▼
The notes to these accounts (9 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €232k ▼0.5%
Net result drops to €232k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €570k ▲58.7%
Operating result €779k, net result €570k, both a record.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 5 days late
2021
31-12
Financial
Equity above €2MEq €2.26M ▲18.8%
4 profitable years in a row build equity to €2.26M.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 42 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
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
8 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, Eupen · 1 establishment unit since 1998
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 du Couvent 28-304700 EupenGround area
317 m²
Building footprint
137 m²
Volume, LiDAR
1,798 m³
Parcel 63023F0015/00C000, Wallonia · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Couvent 28-30, 4700 Eupen
since 19982.089.904.590
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63023F0015/00C000 | Wallonia | 316 m² | 1 · 137 m² | 15.0 m · 4 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
KRYCER
BE 0468.669.851
Ternat · Eq €3.57M
POLYASPHALT - DISTRIBUTION
BE 0478.944.329
Namur · Eq €3.52M
BROES INGREDIENTS
BE 0893.575.975
Antwerpen · Eq €3.67M
BARTUS
BE 0459.088.033
Overijse · Eq €3.49M
CROIX CHATELAIN
BE 0420.146.590
Brussel · Eq €3.70M
Of 1,565 companies in sector 46900 we hold annual accounts for 920. 421 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-12-1998
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
46900Non-specialised wholesale trade
51150
51900
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 27 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.