K.L.Z.
ActiveThe computed 12-month bankruptcy probability of K.L.Z. is 2.0% (moderate). The annual accounts of K.L.Z. for fiscal year 2025 show a net loss of 78% of total assets and of 64% of the equity at the start of that year. The 2025 annual accounts show equity of €61k and a net result of €-107k. Equity is growing by ~11.1% per year across the filed fiscal years. Its solvency ranks better than 47% of 27619 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-90
Solvency70▼-28
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.43 against 3.29 in 2024; short-term debt: 55.4% and cash: 0.4% of total assets), and 55.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
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 2025Solvency, return and age of the figures
Solvency
44.6%
Return on assets
-78.2%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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 · 10 filingsDeviation from the deadline
2025
40 d late
2024
24 d early
2023
13 d late
2022
28 d late
2021
58 d early
2020
54 d early
2019
4 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€61k▼ 63.7%
2024 · €168k
2018: €72k
2019: €87k
2020: €108k
2021: €38k
2022: €26k
2023: €130k
2024: €168k
2018 → 2025
Total assets
€137k▼ 40.2%
2024 · €229k
2018: €207k
2019: €212k
2020: €225k
2021: €181k
2022: €106k
2023: €194k
2024: €229k
2018 → 2025
Net result
€-107k
2024 · €38k
2018: €22k
2019: €15k
2020: €21k
2021: €-70k
2022: €-12k
2023: €104k
2024: €38k
2018 → 2025
Working capital
€33k▼ 76.5%
2024 · €139k
2018: €55k
2019: €77k
2020: €101k
2021: €29k
2022: €-5k
2023: €95k
2024: €139k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€38k-€26k▼ 31.8%€130k▲ 399%€168k▲ 29.4%€61k▼ 63.7%
Operating result€-66k-€-8k▲ 87.6%€126k€55k▼ 56.2%€-103k
Net result€-70k-€-12k▲ 82.6%€104k€38k▼ 63.2%€-107k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €103k after €55k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €137k
Fixed assets
€28k▼ 2.8%
Current assets
€109k▼ 45.6%
Equity and liabilities €137k
Equity
€61k▼ 63.7%
Debt
€76k▲ 25.0%
The debt ratio rises from 26.5% to 55.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-95k▼
2024 · €62k
Cash flow
€-99k▼
2024 · €45k
Solvency
44.6%▼
2024 · 73.5%
Current ratio
1.43▼
2024 · 3.29
Quick ratio
1.43▼
2024 · 3.29
Debt / equity
1.24▲
2024 · 0.36
ROE
-175.4%▼
2024 · 22.7%
ROA
-78.2%▼
2024 · 16.7%
Interest coverage
-13.84▼
2024 · 47.85
Debt
€76k▲
2024 · €61k
Debt ≤ 1 year
€76k▲
2024 · €61k
Income taxes
€3k▼
2024 · €17k
Staff costs
€302k▲
2024 · €267k
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€229k€137k▼
Fixed assets21/28€29k€28k▼
Tangible fixed assets22/27€29k€28k▼
Plant, machinery and equipment23€1k€933▼
Furniture and vehicles24€28k€27k▼
Financial fixed assets28€245€245=
Current assets29/58€200k€109k▼
Amounts receivable within one year40/41€145k€105k▼
Trade receivables40€112k€103k▼
Other amounts receivable41€33k€2k▼
Cash at bank and in hand54/58€53k€549▼
Deferred charges and accrued income490/1€820€3k▲
Equity and liabilities
Total equity and liabilities10/49€229k€137k▼
Equity10/15€168k€61k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€148k€41k▼
Amounts payable17/49€61k€76k▲
Amounts payable within one year42/48€61k€76k▲
Financial debts43-€16k
Credit institutions430/8-€16k
Trade debts44€7k€12k▲
Suppliers440/4€7k€12k▲
Taxes, remuneration and social security45€54k€47k▼
Taxes450/3€37k€21k▼
Remuneration and social security454/9€17k€25k▲
Other amounts payable47/48-€968
Income statement
Code20242025
Remuneration, social security and pensions62€267k€302k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€979€11k▲
Gross operating margin9900€330k€217k▼
Operating profit (loss)9901€55k€-103k▼
Financial income75/76B€1k€5k▲
Recurring financial income75€1k€5k▲
Financial charges65/66B€1k€7k▲
Recurring financial charges65€1k€7k▲
Profit (loss) for the period before taxes9903€55k€-104k▼
Income taxes67/77€17k€3k▼
Profit (loss) for the period9904€38k€-107k▼
Profit (loss) for the period to be appropriated9905€38k€-107k▼
Appropriation of the result
Profit (loss) to be appropriated9906€148k€41k▼
Profit (loss) brought forward from the previous period14P€110k€148k▲
The notes to these accounts (8 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
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 40 days late
2025
31-12
Financial
Weakest financial yearnet €-107k ▼380%
Net result drops to €-107k, the lowest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €168k ▲29.4%
2 profitable years in a row build equity to €168k.
13-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2023
31-12
Financial
Back to profitnet €104k
Net result €104k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 2.49
Current ratio from 0.94 to 2.49; short-term debt falls from €78k to €64k.
31-12
Financial
Equity above €100kEq €130k ▲399%
Equity rises from €26k to €130k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €108k ▲23.8%
3 profitable years in a row build equity to €108k.
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Brussel · 1 establishment unit since 2011
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.
Parkdreef 351000 BrusselGround area
1.9 ha
Building footprint
2,351 m²
Volume, LiDAR
27,805 m³
2 parcels, Brussels, Flanders · tallest building 64.6 m, ±14 floors. Linked by address, not a title deed.
1 establishment unit
K.L.Z.
since 20112.197.458.586
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21814P0388/00K007 | Brussels | 1.5 ha | 1 · 630 m² | 64.6 m · 14 fl. |
| 23047A0054/00N003 | Flanders | 3,990 m² | 1 · 1,721 m² | 4.9 m |
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.
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 8,703 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-03-2011
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.