E-KR
ActiveSummary
E-KR has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €209,731. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 55% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability80▲+3
Solvency86▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €120,000 at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.2 in 2024; short-term debt: 37.2% and cash: 45.8% of total assets), and 39% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
61%
Return on assets
9.3%
Age of the figures
9 mo
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
56 d early
2023
58 d early
2022
62 d early
2021
40 d early
2020
39 d early
2019
46 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 50 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€1.4m▲ 17.9%
2024 · €1.2m
Total assets
€2.3m▲ 8.3%
2024 · €2.1m
Net result
€209,731▲ 44.3%
2024 · €145,324
Working capital
€278,697▲ 68.0%
2024 · €165,858
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€174,193▼ 23.7%€267,557▲ 53.6%€316,359▲ 18.2%€228,276▼ 27.8%€255,463▲ 11.9%
Net result€116,461above the sector's middle half▼ 23.7%€181,642above the sector's middle half▲ 56.0%€212,007above the sector's middle half▲ 16.7%€145,324above the sector's middle half▼ 31.5%€209,731above the sector's middle half▲ 44.3%
Equity€1.0mabove the sector's middle half▲ 12.9%€1.2mabove the sector's middle half▲ 17.8%€1.4mabove the sector's middle half▲ 17.7%€1.2mabove the sector's middle half▼ 17.2%€1.4mabove the sector's middle half▲ 17.9%
Total assets€1.7mabove the sector's middle half▲ 4.3%€1.9mabove the sector's middle half▲ 8.6%€2.0mabove the sector's middle half▲ 7.4%€2.1mabove the sector's middle half▲ 3.3%€2.3mabove the sector's middle half▲ 8.3%
Debt€684,460▼ 6.0%€653,953▼ 4.5%€582,793▼ 10.9%€894,136▲ 53.4%€858,550▼ 4.0%
Working capital€23,817€198,017▲ 731%€410,708▲ 107%€165,858▼ 59.6%€278,697▲ 68.0%
Solvency58.8%within the sector's middle half▲ 4.5pp63.8%within the sector's middle half▲ 5.0pp69.8%within the sector's middle half▲ 6.1pp56.0%within the sector's middle half▼ 13.9pp61.0%within the sector's middle half▲ 5.0pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 12% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets
€1.1m ▲ 6.3%
Current assets
€1.1m ▲ 10.4%
Equity and liabilities €2.3m
Equity
€1.4m ▲ 17.9%
Provisions
€24,477 ▼ 4.9%
Debt
€858,550 ▼ 4.0%
Debt's share of the balance-sheet total falls from 42.8% to 38.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€297,177▲
2024 · €269,541
Cash flow
€251,444▲
2024 · €186,588
Current ratio
1.33▲
2024 · 1.20
Debt to equity
0.62▼
2024 · 0.76
ROE
15.2%▲
2024 · 12.4%
ROA
9.3%▲
2024 · 7.0%
Interest coverage
60.43▼
2024 · 129.35
Debt ≤ 1 year
€840,536▼
2024 · €847,734
Income taxes
€88,990▲
2024 · €82,135
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,129 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €70,135 | €44,986 | €41,587 | €41,265 | €41,713 | ▲ 1.1% |
| Other operating charges640/8 | €6,655 | €6,797 | €12,619 | €7,727 | €6,972 | ▼ 9.8% |
| Gross operating margin9900 | €250,983 | €319,339 | €370,564 | €277,268 | €304,148 | ▲ 9.7% |
| Operating profit (loss)9901 | €174,193 | €267,557 | €316,359 | €228,276 | €255,463 | ▲ 11.9% |
| Financial income75/76B | €1,336 | - | - | - | €46,909 | - |
| Recurring financial income75 | €1,336 | - | - | - | €46,909 | - |
| Financial charges65/66B | €8,627 | €5,031 | €5,810 | €2,084 | €4,917 | ▲ 136% |
| Recurring financial charges65 | €8,627 | €5,031 | €5,810 | €2,084 | €4,917 | ▲ 136% |
| Profit (loss) for the period before taxes9903 | €166,902 | €262,526 | €310,549 | €226,193 | €297,455 | ▲ 31.5% |
| Transfer from deferred taxes780 | €1,266 | €1,266 | €1,266 | €1,266 | €1,266 | = |
| Income taxes67/77 | €51,707 | €82,150 | €99,807 | €82,135 | €88,990 | ▲ 8.3% |
| Profit (loss) for the period9904 | €116,461 | €181,642 | €212,007 | €145,324 | €209,731 | ▲ 44.3% |
| Transfer from tax-exempt reserves789 | €2,459 | €2,459 | €2,459 | €2,459 | €2,459 | = |
| Profit (loss) for the period to be appropriated9905 | €118,920 | €184,101 | €214,466 | €147,783 | €212,189 | ▲ 43.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €1.9m | €2.0m | €2.1m | €2.3m | ▲ 8.3% |
| Fixed assets21/28 | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | ▲ 6.3% |
| Tangible fixed assets22/27 | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | ▲ 6.3% |
| Land and buildings22 | €1.2m | €1.2m | €1.1m | €1.1m | €1.1m | ▲ 6.3% |
| Current assets29/58 | €542,904 | €724,759 | €905,928 | €1.0m | €1.1m | ▲ 10.4% |
| Amounts receivable within one year40/41 | €71,423 | €97,708 | €27,891 | €12,772 | €78,165 | ▲ 512% |
| Trade receivables40 | €36,330 | €97,708 | €27,891 | - | €65,582 | - |
| Other amounts receivable41 | €35,093 | - | - | €12,772 | €12,583 | ▼ 1.5% |
| Cash at bank and in hand54/58 | €466,935 | €622,191 | €872,877 | €996,407 | €1.0m | ▲ 4.0% |
| Deferred charges and accrued income490/1 | €4,546 | €4,860 | €5,160 | €4,414 | €4,560 | ▲ 3.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €1.9m | €2.0m | €2.1m | €2.3m | ▲ 8.3% |
| Equity10/15 | €1.0m | €1.2m | €1.4m | €1.2m | €1.4m | ▲ 17.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | €6,200 | €6,200 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | €12,400 | €12,400 | - | - | - | - |
| Reserves13 | €1.0m | €1.2m | €1.4m | €1.2m | €1.4m | ▲ 18.0% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €57,371 | €54,912 | €52,453 | €49,994 | €47,536 | ▼ 4.9% |
| Distributable reserves133 | €950,000 | €1.1m | €1.3m | €1.1m | €1.3m | ▲ 19.1% |
| Profit (loss) carried forward14 | €3,537 | €7,638 | €8,104 | €10,887 | €13,076 | ▲ 20.1% |
| Provisions and deferred taxes16 | €29,541 | €28,275 | €27,009 | €25,743 | €24,477 | ▼ 4.9% |
| Deferred taxes168 | €29,541 | €28,275 | €27,009 | €25,743 | €24,477 | ▼ 4.9% |
| Amounts payable17/49 | €684,460 | €653,953 | €582,793 | €894,136 | €858,550 | ▼ 4.0% |
| Amounts payable after more than one year17 | €165,373 | €127,211 | €87,573 | €46,402 | - | - |
| Financial debts170/4 | €165,373 | €127,211 | €87,573 | €46,402 | - | - |
| Amounts payable within one year42/48 | €519,087 | €526,741 | €495,220 | €847,734 | €840,536 | ▼ 0.8% |
| Current portion of amounts payable after more than one year42 | €36,740 | €38,161 | €39,638 | €41,171 | €46,402 | ▲ 12.7% |
| Trade debts44 | €14,551 | €11,813 | €4,213 | €6,423 | €33,902 | ▲ 428% |
| Suppliers440/4 | €14,551 | €11,813 | €4,213 | €6,423 | €33,902 | ▲ 428% |
| Taxes, remuneration and social security45 | €36,968 | €46,957 | €50,576 | €34,781 | €44,543 | ▲ 28.1% |
| Taxes450/3 | €36,968 | €46,957 | €50,576 | €34,781 | €44,543 | ▲ 28.1% |
| Other amounts payable47/48 | €430,828 | €429,810 | €400,793 | €765,359 | €715,689 | ▼ 6.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | €18,014 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €116,461 | €181,642 | €212,007 | €145,324 | €209,731 | ▲ 44.3% |
| + Depreciation and write-downs630 | €70,135 | €44,986 | €41,587 | €41,265 | €41,713 | ▲ 1.1% |
| Operating cash flow (approximation) | €186,596 | €226,628 | €253,594 | €186,588 | €251,444 | ▲ 34.8% |
| Investment in fixed assets (approximation) | - | -€13,000 | €0 | €0 | -€108,951 | - |
| Change in cash | - | €155,256 | €250,686 | €123,530 | €40,101 | ▼ 67.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
State Gazette act
General meeting · Director reappointment
Permanent representative · Board meeting
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €212,007 ▲16.7%
Operating result €316,359, net result €212,007, both a record.
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €116,461 ▼23.7%
Net result drops to €116,461, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €1mEq €1.0m ▲12.9%
4 profitable years in a row build equity to €1.0m.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
13-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Grez-Doiceau · 1 establishment unit since 2000
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.
Allée Ferme du Bercuit 561390 Grez-Doiceau1 establishment unit
E-KR
since 20002.099.845.310
Similar companies · same sector, comparable size
S.G.A.M.
BE 0450.266.575
Eupen · Eq €1,377,292
CHR
BE 0897.252.572
Anzegem · Eq €1,376,003
Gorille Consulting
BE 0757.500.615
Kortrijk · Eq €1,375,456
TER BEEMD
BE 0835.595.414
Sint-Pieters-Leeuw · Eq €1,385,326
IMMO INCUBO
BE 0806.579.447
Tielt · Eq €1,389,471
Of 5,712 companies in sector 70100 we hold annual accounts for 3,518. 1,782 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-05-2000
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID
0208:0471991013
Also
9925:BE0471991013
Registered
15-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.