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K.ADMIN

Active Private limited companyfounded 2020active for 6 yearsLindenstraat 37, 1930 ZaventemKBO/BCE: BE 0746.440.041

Overview

Lifetime

5 annual accounts with figures on one time axis
peak €49,942 (2021)
€16,079▼ 48.7%
peak €35,547 (2021)
€8,514▼ 55.8%
peak €63,931 (2024)
€42,444▼ 33.6%
€31,914▲ 108%
Board1 name since 2020
1 directorPannekoek Kristel
Documentsfilings and deeds
08-04-2026114 days before the deadline
2025micro format
Gross margin from €31,334 to €16,079Result from €19,279 to €8,514Purpose change · Amendment of the articles 08-07Dividend €30,000Equity from €63,931 to €42,444Debts from €15,367 to €31,914

Key points

from the 2025 annual accounts

Equity

€42,444 ▼ 33.6%
63,9312024+8,514Profit-30,000Dividend42,4442025

K.ADMIN paid out €30,000 in dividends. That is 352% of the 2025 profit.

Investments

€6,226 3.2 × depreciation
202120222025

Green is investment, beige is depreciation.

Liquidity

1.73 was 4.19 in 2024

Short-term debts rose from €15,367 to €31,914.

Checked score

93
Excellent
Financially stronger than 48% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,555 companies (NACE 70, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025highest value 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Strong

82-18equity 57.1% of total assets
79-15short-term debt 42.9% · cash 53.0%
83-16return on assets 11.4%

Score breakdown

lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 1.73, cash €39,403
Size: total assets €74,358
Equity €42,444 (57.1% of total assets)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 52% of them on solvency, 71% on liquidity, 51% on profitability and 17% on growth.

The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 26,972 companies had the same profile as K.ADMIN has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of K.ADMIN itself is lower: < 0.1% within 12 months. It rests on far more data about K.ADMIN than the profile alone.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 26,972 companies, not a prediction for K.ADMIN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €3,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.73 (4.19 in 2024), above the usual 1.5. Short-term debt is 42.9% and cash 53% of total assets. 42.9% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Liquidity: current ratio 1.73, cash €39,403
NBB · annual accounts
lowers risk · Size: total assets €74,358
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Equity €42,444 (57.1% of total assets)
NBB · annual accounts
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 08-04-2026, 114 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
114 days early
2024
93 days early
2023
2 days late
2022
46 days early
2021
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 56 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 15 June (4 of the last 5 accounts filed within 49 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PK
Pannekoek Kristel
Director, since 21-04-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0746440041
Purpose change · Amendment of the articles “Diverse administratieve activiteiten ten behoeve van kantoren,overige zakelijke dienstverlening en…” (deed in Dutch) · General meeting of 25-06-2025 · Gazette deed
Incorporation published on 23-04-2020 · Gazette deed
First establishment Lindenstraat 37, Zaventem
All 10 events

Comparable companies

same main activity, similar in size and age
Company
K.ADMIN Zaventem €74,358 €16,079 57.1% -
IB Consult Hoeilaart €74,361 €18,264 21.4% -
OUTGROW Linter €61,233 €15,236 68.1% -
Organdipity Holsbeek €85,005 €15,235 -25.2% -
NIMALI Merchtem €61,261 €14,959 41.9% -
GV² Pajottegem €59,600 €14,664 13.6% -
RDNewco Kortenberg €60,771 €14,114 -22.7% -

These companies have the same main activity as K.ADMIN: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €59,600 and €85,000, founded between 2019 and 2021.

Official details

Source: KBO
Status
Active since 21-04-2020Normal situation
Activity
Business and other management consultancyNACE 70200
Establishment unit
2.302.200.6711930 Zaventem, since 21-04-2020
Financial year end
31 December
Peppol
Reachable since 09-12-2025
Company details

Annual accounts 2025

€16,079▼ 48.7%
≈ €75,000estimated
€8,514▼ 55.8%
€42,444▼ 33.6%
€74,358▼ 6.2%
Filing
Filed on 08-04-2026, 114 days before the end of the filing period
Financials

Insights on K.ADMIN

K.ADMIN files the micro format. That format states no turnover. The gross margin fell from €49,942 in 2021 to €16,079 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 08-04-2026, 114 days before the deadline
€16,079
▼ 48.7%
€12,817
▼ 50.2%
€8,514
▼ 55.8%
€23,298
▼ 52.5%
57.1%
▼ 23.5 percentage points
1.73
▼ 2.46

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €75,000. Estimated: probably between €36,000 and €150,000.

Balance sheet

balance sheet total €74,358 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

57.1%

Higher than 51% of 39,342 companies in 2025.

1.73

Higher than 44% of 38,027 companies in 2025.

11.4%

Higher than 45% of 38,499 companies in 2025.

K.ADMIN Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021
Balance sheet: assets
20/58 74,35879,29872,44860,11554,476
21/28 19,14614,89219,82224,75218,637
22/27 19,14614,89219,82224,75218,637
22 ---16,87616,847
24 04474,1617,8761,790
26 19,14614,44515,661--
29/58 55,21264,40652,62635,36335,839
3 4,038----
30/36 4,038----
40/41 10,51119,71510,51710,9769,417
40 9,72510,97410,51710,9769,417
41 7868,742---
54/58 39,40343,05134,64114,12417,369
490/1 1,2601,6397,46810,2639,053
Balance sheet: equity and liabilities
10/49 74,35879,29872,44860,11554,476
10/15 42,44463,93154,65240,67632,547
10/11 3,0003,0003,0003,0003,000
13 39,44460,93151,65237,676-
133 39,44460,93151,65237,676-
14 00--29,547
17/49 31,91415,36717,79619,43821,929
42/48 31,91415,36717,79619,43821,929
44 9024401,8601,1841,840
440/4 9024401,8601,1841,840
45 4,3225,17715,93618,25414,089
450/3 4,3225,17715,93618,25414,089
47/48 26,6909,750--6,000
Income statement
9900 16,07931,33431,27318,43949,942
62 ---385947
630 1,9724,9304,9304,8701,858
640/8 1,2906831,1671,1012,115
9901 12,81725,72025,17612,08445,022
75/76B 14439556659588
75 14439556659588
65/66B 1032321124699
65 1032321124699
9903 12,72825,92725,62012,69845,511
67/77 4,2146,6487,2444,5689,964
9904 8,51419,27918,3768,13035,547
9905 8,51419,27918,3768,13035,547
Appropriation of the result
9906 8,51419,27918,37637,67635,547
14P ---29,547-
791/2 30,000----
691/2 8,5149,27913,97637,676-
6921 8,5149,27913,97637,676-
694/7 30,00010,0004,400-6,000
694 30,00010,0004,400--
695 ----6,000
Document PDFPDFPDFPDFPDF

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 08-04-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 08-04-2026 2026-00074289 PDF
31-12-2024 micro format 29-04-2025 2025-00085685 PDF
31-12-2023 micro format 02-08-2024 2024-00326236 PDF
31-12-2022 micro format 15-06-2023 2023-00138098 PDF
31-12-2021 micro format 30-06-2022 2022-20116630 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021
14,78930,65030,10616,95446,880
10,48624,20923,30612,99937,405
6,2260010,98520,495
-3,6488,41020,517-3,245-
23,29849,03934,83015,92413,910
57.1%80.6%75.4%67.7%59.7%
1.734.192.961.821.63
1.604.192.961.821.63
0.750.240.330.480.67
20.1%30.2%33.6%20.0%109.2%
11.4%24.3%25.4%13.5%65.3%
over 100over 100over 100over 100over 100

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€6,226--€10,985€20,495
Financial fixed assets€0----
€1,972€4,930€4,930€4,870€1,858

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on K.ADMIN

The operating result for 2025 is 50% lower than in 2024 and the lowest since 2022.

Debt's share of the balance-sheet total rises from 19.4% to 42.9%. Equity is lower and debt is higher.

Board & ownership

Board

1 director
Pannekoek Kristel
Director
since 21-04-2020
listed in the 2025 annual accounts, filed on 08-04-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Pannekoek Kristel
Director
Board
Mandates as a list
  • Pannekoek Kristel
    • Director, from 21-04-2020 to date

See the board, name and registered office on a given date →

Control

Capital

Contribution
€3,000
Source
2025 annual accounts

Network & group

No group

K.ADMIN has no parent and no holdings in its annual accounts. Pannekoek Kristel is the only director. K.ADMIN shares no director with another company.

Timeline

Timeline

10 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed PDFmicro format · 114 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0746440041
Purpose change · Amendment of the articles“Diverse administratieve activiteiten ten behoeve van kantoren,overige zakelijke dienstverlening en…” (deed in Dutch) · General meeting of 25-06-20251 point ▸
  • General meeting, 25-06-2025
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2024 filed PDFmicro format · 93 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 2 days late
2023
Annual accounts 2022 filed PDFmicro format · 46 days before the deadline
2022
Weakest financial year net €8,130 ▼77.1% The net result drops to €8,130, the lowest from 2021 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 31 days before the deadline
2020
Incorporation PDFpublished on 23-04-2020
First establishment Lindenstraat 37, Zaventem

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 21 April 2020, K.ADMIN was incorporated as a private limited company.1 Total assets went from €54,476 in 2021 to €74,358 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2021 and 2025

Company details

Identity

Enterprise number
0746.440.041
VAT number
BE 0746.440.041
Peppol ID
0208:0746440041
Other Peppol ID
9925:BE0746440041
Legal form
Private limited company
Status
Active, normal situation
Founded
21-04-2020
Financial year
ends on 31 December
Peppol
Reachable since 09-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
K.ADMIN in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
Codes under NACEBEL 2008
70220 Business consulting main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
“Diverse administratieve activiteiten ten behoeve van kantoren,overige zakelijke dienstverlening en administratief werk…”
44 activities
  1. Diverse administratieve activiteiten ten behoeve van kantoren,overige zakelijke dienstverlening en administratief werk
  2. Personeelsadministratie
  3. Consultant preventieadviseur,evenals overige gespecialiseerde wetenschappelijke en technische activiteiten
  4. Leiden van belangrijke herstellingswerken aan gebouwen
  5. Productontwikkeling
  6. Fotografie
  7. Beeldende kunst,productie en detailhandel in kunstvoorwerpen en antiek
  8. Creatie en vervaardiging van allerlei meubelen evenals klein- en groothandel
  9. Schrijnwerk
  10. Het verlenen van administratieve prestaties en computerservices
  11. Overige dienstverlenende activiteiten op het gebied van informatie
  12. Ontwerpen en programmeren van computerprogramma’s,computerconsultancy activiteiten en aanverwante activiteiten
  13. Gegevensverwerking,webhosting en aanverwante activiteiten
  14. Presentaties,training en opleidingen geven
  15. Reisorganisator,verschaffen van informatie en advies over reizen
  16. Schrijven van reviews
  17. Activiteiten op het vlak van geestelijke gezondheidszorg,m.u.v.psychiatrische ziekenhuizen en verzorgingstehuizen
  18. Uitbaten van hotels en overige verblijfsvormen
  19. Uitbaten van vakantieverblijven en andere accomodaties voor kort verblijf
  20. Uitbating van gites,vakantiewoningen en-appartementen,gastenkamers
  21. Uitbaten van kampeerterreinen
  22. Aan-en verkoop,evenals verhuur van kampeerauto’s en caravans
  23. Uitbaten van restaurants en overige eetgelegenheden,eveneens mobiele
  24. Aanbieden van cateringdiensten
  25. Adviesverlening in de horecasector
  26. Begrafenisondernemer,uitvaartverzorging,verzorging van overledenen(gereedmaken voor de begrafenis of de crematie,balsemen,enzoverder),verlenen van diensten rond de begrafenis of crematie(verhuren van ingerichte ruimten in mortuaria,enzoverder),verzorgen van de begrafenis of de crematie van overledenen
  27. Thanatopraxie;Verzorgen van de begrafenis of de crematie van dieren
  28. Het vervaardigen van zeep en wasmiddel
  29. Het uitbaten van detailhandel in cosmetica en toiletartikelen
  30. Het uitbaten van gespecialiseerde detailhandel in geschenken
  31. Het vervaardigen van kaarsen
  32. Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen,het stimuleren,de planning,de coördinatie,de ontwikkeling van en de investering in rechtspersonen en ondernemingen waarin zij al of niet een participatie aanhoudt
  33. Het aangaan van leningen of kredietopeningen;het toestaan van leningen en kredietopeningen aan rechtspersonen en ondernemingen of particulieren,onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels-en financiële operaties verrichten behalve die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen
  34. Het verlenen van adviezen van financiële,technische,commerciële of administratieve aard,in de meest ruime zin,met uitzondering van adviezen inzake beleggingen en geldplaatsingen;bijstand en diensten verlenen,rechtstreeks of onrechtstreeks op het vlak van administratie en financiën,verkoop,productie en algemeen bestuur
  35. Het waarnemen van alle bestuursopdrachten,het uitoefenen van opdrachten en functies,met inbegrip van mandaten van vereffenaar
  36. Het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow en aanverwante immateriële duurzame activa
  37. Het verlenen van administratieve prestaties en computerservices
  38. De aan-en verkoop,in-en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,met andere woorden tussenpersoon in de handel
  39. Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologie en hun toepassingen
  40. Het stellen van zakelijke en persoonlijke zekerheden in voordeel van derden
  41. Het aanleggen,het oordeelkundig uitbouwen,en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten zoals de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren,en uitbaten van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen
  42. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend patrimonium,alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan-en verkoop,huur en verhuur van roerende goederen;het verwerven door inschrijving of aankoop en het beheren van aandelen,obligaties,kasbonnen of andere roerende waarde,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit doel in verband staan en die van aard zijn de opbrengst van de roerende goederen te bevorderen,alsmede zich borg te stellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze roerende goederen
  43. De vennootschap mag alle verrichtingen stellen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen
  44. De vennootschap mag betrokken zijn bij wijze van inbreng,samensmelting,inschrijving of op elke andere wijze,in de ondernemingen,verenigingen of vennootschappen,die een gelijkaardig,soortgelijk of samenhangend voorwerp hebben of die nuttig zijn voor de verwezenlijking van het geheel of een gedeelte van haar voorwerp
deed of 08-07-2025 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Lindenstraat 37 registered office 1930 Zaventem 3100403 Manufacture of dining room, living room, bedroom and bathroom furniture 21-04-2020 2.302.200.671

Buildings and parcels at the address

Ground area
74 m²
Buildings
53 m²
Volume, LiDAR
345 m³
Tallest building
10.4 m
Buildings to scale, each on its own parcel
52 m², 10.4 m 52 m², 10.4 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
23094D0203/00N02374 m² 1 · 52 m² 10.4 m · 3