K ACIER
ActiveThe computed 12-month bankruptcy probability of K ACIER is 1.7% (moderate). The 2024 annual accounts show equity of €45k and a net result of €18k. Equity is growing by ~66.5% per year across the filed fiscal years. Its solvency ranks better than 26% of 15868 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
44
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-13
Solvency34▼-27
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.04 against 1.53 in 2023; short-term debt: 91.4% and cash: 0% of total assets), and 91.4% 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.
+raises risk○neutral
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
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 →
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 2024Solvency, return and age of the figures
Solvency
8.6%
Return on assets
3.5%
Age of the figures
24 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 143 days later.
NBB · 4 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline20-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 15-05-2025, 15 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 · 4 filingsDeviation from the deadline
2025
not filed
2024
15 d late
2023
21 d late
2022
10 d late
2021
23 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€156k▼ 47.7%
2021 · €299k
2021: €299k
2021 → 2022
EBIT margin
10.8%▲ 20.4pp
2021 · -9.6%
2021: -9.6%
2021 → 2022
Net result
€18k▲ 86.4%
2023 · €10k
2021: €-29k
2022: €15k
2023: €10k
2021 → 2024
Working capital
€20k▼ 22.0%
2023 · €25k
2021: €-2k
2022: €14k
2023: €25k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€299k-€156k▼ 47.7%
Equity€1k-€17k▲ 1,186%€27k▲ 59.4%€45k▲ 69.5%
Operating result€-29k-€17k€12k▼ 30.6%€23k▲ 92.2%
Net result€-29k-€15k€10k▼ 35.5%€18k▲ 86.4%
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 2024; 2024 is 92% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €522k
Fixed assets
€26k▲ 1,523%
Current assets
€496k▲ 592%
Equity and liabilities €522k
Equity
€45k▲ 69.5%
Debt
€477k▲ 920%
The debt ratio rises from 63.8% to 91.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€34k▲
2023 · €12k
Cash flow
€30k▲
2023 · €11k
Solvency
8.6%▼
2023 · 36.2%
Current ratio
1.04▼
2023 · 1.53
Quick ratio
0.99▼
2023 · 1.53
Debt / equity
10.59▲
2023 · 1.76
ROE
41.0%▲
2023 · 37.3%
ROA
3.5%▼
2023 · 13.5%
Interest coverage
54.97▲
2023 · 7.13
Debt
€477k▲
2023 · €47k
Debt ≤ 1 year
€477k▲
2023 · €47k
Income taxes
€4k▲
2023 · €114
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€73k€522k▲
Fixed assets21/28€2k€26k▲
Tangible fixed assets22/27€1k€24k▲
Plant, machinery and equipment23€1k€24k▲
Financial fixed assets28€363€1k▲
Current assets29/58€72k€496k▲
Stocks and contracts in progress3-€26k
Stocks30/36-€26k
Amounts receivable within one year40/41€61k€470k▲
Trade receivables40€33k€448k▲
Other amounts receivable41€28k€21k▼
Cash at bank and in hand54/58€9k€50▼
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€73k€522k▲
Equity10/15€27k€45k▲
Contributions10/11€30k€30k=
Capital10€30k€30k=
Issued capital100€30k€30k=
Profit (loss) carried forward14€-3k€15k▲
Amounts payable17/49€47k€477k▲
Amounts payable within one year42/48€47k€477k▲
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€10k€433k▲
Suppliers440/4€10k€433k▲
Taxes, remuneration and social security45€17k€2k▼
Taxes450/3€5k€2k▼
Remuneration and social security454/9€12k-
Other amounts payable47/48€19k€38k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€644€11k▲
Other operating charges640/8€383€2k▲
Gross operating margin9900€13k€36k▲
Operating profit (loss)9901€12k€23k▲
Financial charges65/66B€2k€612▼
Recurring financial charges65€2k€612▼
Profit (loss) for the period before taxes9903€10k€22k▲
Income taxes67/77€114€4k▲
Profit (loss) for the period9904€10k€18k▲
Profit (loss) for the period to be appropriated9905€10k€18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€15k▲
Profit (loss) brought forward from the previous period14P€-13k€-3k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 15 days late
2024
30-09
Financial
Highest result since 2021net €18k ▲86.4%
Operating result €23k, net result €18k, both a record.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
30-09
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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
1 establishment unit since 2020
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.
Ground area
1,373 m²
Building footprint
626 m²
Volume, LiDAR
13,268 m³
2 parcels, Brussels, Wallonia · tallest building 27.3 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
K ACIER
since 20202.302.349.240
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0310/00F000 | Brussels | 746 m² | 1 · 508 m² | 27.3 m · 8 fl. |
| 52026D0614/00T002 | Wallonia | 627 m² | 1 · 118 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 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
AGVANTAGE
BE 0775.824.014
Aartselaar · Eq €44k
Met Alliance Group
BE 0659.994.631
Antwerpen · Eq €46k
Interfer Edelstahl
BE 0659.723.427
Antwerpen · Eq €46k
GIMARI
BE 0879.348.847
Nijlen · Eq €43k
VAN POUCKE STAAL
BE 0458.407.251
Zottegem · Eq €41k
Of 732 companies in sector 46820 we hold annual accounts for 388. 136 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-2020
Fiscal year end30-09
Activities, NACEBEL
46820Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.