K en L
ActiveK en L has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €745k and a net result of €-40k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 44% of 4501 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability17▲+1
Solvency57▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity short (current ratio 0.03 against 0.03 in 2024; short-term debt: 58.3% and cash: 0% of total assets), and 67.9% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-40k
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
29 d early
2023
20 d early
2022
3 d early
2021
16 d early
2020
4 d early
2019
16 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-40k▲ 28.6%
2024 · €-56k
2018: €-72k
2019: €-16k
2020: €-26k
2021: €-29k
2022: €375k
2023: €-50k
2024: €-56k
2018 → 2025
Working capital
€-1.31M▼ 20.2%
2024 · €-1.09M
2018: €-733k
2019: €-775k
2020: €-838k
2021: €-1.08M
2022: €-703k
2023: €-927k
2024: €-1.09M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€515k-€891k▲ 72.8%€841k▼ 5.6%€785k▼ 6.6%€745k▼ 5.1%
Operating result€-16k-€461k€-18k€-9k▲ 47.7%€-17k▼ 78.9%
Net result€-29k-€375k€-50k€-56k▼ 12.3%€-40k▲ 28.6%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17k in 2025 against €9k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.32M
Fixed assets
€2.27M▲ 5.3%
Current assets
€45k▲ 47.5%
Equity and liabilities €2.32M
Equity
€745k▼ 5.1%
Debt
€1.57M▲ 11.9%
The debt ratio rises from 64.2% to 67.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-14k▼
2024 · €-6k
Cash flow
€-37k▲
2024 · €-53k
Solvency
32.1%▼
2024 · 35.8%
Current ratio
0.03▲
2024 · 0.03
Quick ratio
0.03▲
2024 · 0.03
Debt / equity
2.11▲
2024 · 1.79
ROE
-5.3%▲
2024 · -7.1%
ROA
-1.7%▲
2024 · -2.5%
Interest coverage
-0.59▼
2024 · -0.14
Debt
€1.57M▲
2024 · €1.41M
Debt ≤ 1 year
€1.35M▲
2024 · €1.12M
Debt > 1 year
€222k▼
2024 · €287k
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€2.19M€2.32M▲
Fixed assets21/28€2.16M€2.27M▲
Tangible fixed assets22/27€2.16M€2.27M▲
Land and buildings22€1.63M€2.26M▲
Plant, machinery and equipment23€19k€16k▼
Assets under construction and advance payments27€514k€0▼
Current assets29/58€31k€45k▲
Amounts receivable within one year40/41€29k€45k▲
Trade receivables40€12k€16k▲
Other amounts receivable41€16k€29k▲
Cash at bank and in hand54/58€2k€0▼
Deferred charges and accrued income490/1€380€411▲
Equity and liabilities
Total equity and liabilities10/49€2.19M€2.32M▲
Equity10/15€785k€745k▼
Contributions10/11€650k€650k=
Capital10€650k€650k=
Issued capital100€650k€650k=
Reserves13€135k€95k▼
Non-distributable reserves130/1€900€900=
Legal reserve130€900€900=
Distributable reserves133€134k€94k▼
Amounts payable17/49€1.41M€1.57M▲
Amounts payable after more than one year17€287k€222k▼
Financial debts170/4€287k€222k▼
Amounts payable within one year42/48€1.12M€1.35M▲
Current portion of amounts payable after more than one year42€65k€65k=
Financial debts43€450k€251k▼
Credit institutions430/8€450k€251k▼
Trade debts44€2k€13k▲
Suppliers440/4€2k€13k▲
Taxes, remuneration and social security45€632€651▲
Taxes450/3€632€651▲
Other amounts payable47/48€601k€1.02M▲
Accrued charges and deferred income492/3€1k€218▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€8k€9k▲
Gross operating margin9900€1k€-5k▼
Operating profit (loss)9901€-9k€-17k▼
Financial income75/76B€0€625▲
Recurring financial income75€0€625▲
Financial charges65/66B€46k€24k▼
Recurring financial charges65€46k€24k▼
Profit (loss) for the period before taxes9903€-56k€-40k▲
Profit (loss) for the period9904€-56k€-40k▲
Profit (loss) for the period to be appropriated9905€-56k€-40k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-56k€-40k▲
Transfer from equity791/2€56k€40k▼
The notes to these accounts (20 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
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €375k
Net result €375k after 4 loss-making years.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-06
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
1 act for this company is 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, Sint-Niklaas · 1 establishment unit since 1994
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.
Kleemstraat 849111 Sint-NiklaasGround area
8,310 m²
Building footprint
602 m²
Volume, LiDAR
3,008 m³
Parcel 46002A0817/00C000, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kleemstraat 84, 9111 Sint-Niklaas
since 19942.067.597.263
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46002A0817/00C000 | Flanders | 8,310 m² | 1 · 602 m² | 8.2 m · 1 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.
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Of 7,321 companies in sector 68110 we hold annual accounts for 5,380. 3,435 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-07-1994
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 31 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.