K-Lex
ActiveSummary
K-Lex has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €97k and a net result of €2k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 44% of 3307 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability63▼-7
Solvency63▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.52 in 2024; short-term debt: 18.2% and cash: 10.2% of total assets), and 62.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% 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
37.9%
Return on assets
0.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
1 d early
2022
4 d early
2021
2 d early
2020
on the day
2019
2 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€98k
EBIT margin
-6.8%
Net result
€2k▼ 40.0%
2024 · €3k
2018: €5k
2019: €19k▲ +288% vs 2018highest in 8 years
2020: €19k▼ -0.5% vs 2019
2021: €-10k▼ -153% vs 2020lowest in 8 years
2022: €1k▲ +113% vs 2021
2023: €2k▲ +45.4% vs 2022
2024: €3k▲ +64.0% vs 2023
2025: €2k▼ -40.0% vs 2024
2018 → 2025
Working capital
€17k▼ 30.4%
2024 · €25k
2018: €43k
2019: €57k▲ +31.5% vs 2018
2020: €59k▲ +4.0% vs 2019highest in 8 years
2021: €53k▼ -10.2% vs 2020
2022: €44k▼ -17.5% vs 2021
2023: €44k▲ +0.6% vs 2022
2024: €25k▼ -43.7% vs 2023
2025: €17k▼ -30.4% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€98k-
Equity€92k-€93k▲ 1.4%€95k▲ 2.1%€95k▼ 0.3%€97k▲ 2.0%
2021: €92klowest in 5 years
2022: €93k▲ +1.4% vs 2021
2023: €95k▲ +2.1% vs 2022
2024: €95k▼ -0.3% vs 2023
2025: €97k▲ +2.0% vs 2024highest in 5 years
Operating result€-7k-€5k€6k▲ 28.6%€10k▲ 71.3%€7k▼ 31.3%
2021: €-7klowest in 5 years
2022: €5k▲ +171% vs 2021
2023: €6k▲ +28.6% vs 2022
2024: €10k▲ +71.3% vs 2023highest in 5 years
2025: €7k▼ -31.3% vs 2024
Net result€-10k-€1k€2k▲ 45.4%€3k▲ 64.0%€2k▼ 40.0%
2021: €-10klowest in 5 years
2022: €1k▲ +113% vs 2021
2023: €2k▲ +45.4% vs 2022
2024: €3k▲ +64.0% vs 2023highest in 5 years
2025: €2k▼ -40.0% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €256k
Fixed assets
€192k ▼ 9.7%
Current assets
€64k ▼ 11.8%
Equity and liabilities €256k
Equity
€97k ▲ 2.0%
Debt
€159k ▼ 16.3%
Debt's share of the balance-sheet total falls from 66.6% to 62.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29k▼
2024 · €29k
Cash flow
€24k▲
2024 · €22k
Current ratio
1.37▼
2024 · 1.52
Debt to equity
1.64▼
2024 · 2.00
ROE
2.0%▼
2024 · 3.3%
ROA
0.7%▼
2024 · 1.1%
Interest coverage
5.22▼
2024 · 9.80
Debt ≤ 1 year
€47k▼
2024 · €48k
Debt > 1 year
€112k▼
2024 · €142k
Income taxes
€-315▼
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€285k€256k▼
Formation expenses20€0€0=
Fixed assets21/28€212k€192k▼
Tangible fixed assets22/27€205k€185k▼
Land and buildings22€171k€158k▼
Plant, machinery and equipment23€0€1k▲
Furniture and vehicles24€34k€26k▼
Financial fixed assets28€7k€7k=
Current assets29/58€72k€64k▼
Amounts receivable within one year40/41€36k€37k▲
Trade receivables40€36k€36k▲
Other amounts receivable41€40€1k▲
Cash at bank and in hand54/58€24k€26k▲
Deferred charges and accrued income490/1€13k€846▼
Equity and liabilities
Total equity and liabilities10/49€285k€256k▼
Equity10/15€95k€97k▲
Contributions10/11€13k€13k=
Reserves13€44k€45k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€3k€3k=
Distributable reserves133€42k€42k▲
Profit (loss) carried forward14€38k€40k▲
Amounts payable17/49€190k€159k▼
Amounts payable after more than one year17€142k€112k▼
Financial debts170/4€142k€112k▼
Amounts payable within one year42/48€48k€47k▼
Current portion of amounts payable after more than one year42€27k€25k▼
Trade debts44€7k€9k▲
Suppliers440/4€7k€9k▲
Taxes, remuneration and social security45€12k€8k▼
Taxes450/3€10k€7k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€1k€5k▲
Accrued charges and deferred income492/3€290€298▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€22k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€30k€30k▼
Operating profit (loss)9901€10k€7k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€7k€2k▼
Income taxes67/77€4k€-315▼
Profit (loss) for the period9904€3k€2k▼
Profit (loss) for the period to be appropriated9905€3k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€40k▼
Profit (loss) brought forward from the previous period14P€38k€38k▲
Transfer from equity791/2€4k-
Transfer to equity691/2€3k€390▼
To other reserves6921€3k€390▼
Profit to be distributed694/7€4k-
Return on contributions (dividend)694€4k-
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €98k | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €97k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €16k | €16k | €19k | €22k | ▲ 16.9% |
| Other operating charges640/8 | €2k | €2k | €2k | €1k | €1k | ▲ 6.9% |
| Gross operating margin9900 | €11k | €22k | €24k | €30k | €30k | ▼ 0.1% |
| Operating profit (loss)9901 | €-7k | €5k | €6k | €10k | €7k | ▼ 31.3% |
| Financial income75/76B | €0 | - | €0 | - | €0 | - |
| Recurring financial income75 | €0 | - | €0 | - | €0 | - |
| Financial charges65/66B | €3k | €3k | €2k | €3k | €6k | ▲ 86.9% |
| Recurring financial charges65 | €3k | €3k | €2k | €3k | €6k | ▲ 86.9% |
| Profit (loss) for the period before taxes9903 | €-10k | €2k | €4k | €7k | €2k | ▼ 78.5% |
| Income taxes67/77 | €225 | €351 | €2k | €4k | €-315 | ▼ 107% |
| Profit (loss) for the period9904 | €-10k | €1k | €2k | €3k | €2k | ▼ 40.0% |
| Profit (loss) for the period to be appropriated9905 | €-10k | €1k | €2k | €3k | €2k | ▼ 40.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €326k | €300k | €280k | €285k | €256k | ▼ 10.2% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €225k | €210k | €195k | €212k | €192k | ▼ 9.7% |
| Tangible fixed assets22/27 | €218k | €203k | €188k | €205k | €185k | ▼ 10.0% |
| Land and buildings22 | €212k | €198k | €185k | €171k | €158k | ▼ 7.7% |
| Plant, machinery and equipment23 | €354 | €778 | €119 | €0 | €1k | - |
| Furniture and vehicles24 | €6k | €4k | €3k | €34k | €26k | ▼ 24.6% |
| Financial fixed assets28 | €7k | €7k | €7k | €7k | €7k | = |
| Current assets29/58 | €101k | €90k | €86k | €72k | €64k | ▼ 11.8% |
| Amounts receivable within one year40/41 | €42k | €32k | €47k | €36k | €37k | ▲ 4.1% |
| Trade receivables40 | €42k | €31k | €44k | €36k | €36k | ▲ 0.4% |
| Other amounts receivable41 | €195 | €1k | €2k | €40 | €1k | ▲ 3,280% |
| Cash at bank and in hand54/58 | €42k | €42k | €23k | €24k | €26k | ▲ 6.8% |
| Deferred charges and accrued income490/1 | €17k | €15k | €16k | €13k | €846 | ▼ 93.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €326k | €300k | €280k | €285k | €256k | ▼ 10.2% |
| Equity10/15 | €92k | €93k | €95k | €95k | €97k | ▲ 2.0% |
| Contributions10/11 | €13k | €13k | €13k | €13k | €13k | = |
| Reserves13 | €42k | €43k | €45k | €44k | €45k | ▲ 0.9% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Tax-exempt reserves132 | €3k | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | €37k | €38k | €40k | €42k | €42k | ▲ 0.9% |
| Profit (loss) carried forward14 | €38k | €38k | €38k | €38k | €40k | ▲ 4.0% |
| Amounts payable17/49 | €234k | €207k | €185k | €190k | €159k | ▼ 16.3% |
| Amounts payable after more than one year17 | €186k | €160k | €143k | €142k | €112k | ▼ 21.1% |
| Financial debts170/4 | €186k | €160k | €143k | €142k | €112k | ▼ 21.1% |
| Amounts payable within one year42/48 | €48k | €46k | €41k | €48k | €47k | ▼ 2.1% |
| Current portion of amounts payable after more than one year42 | €25k | €25k | €18k | €27k | €25k | ▼ 8.0% |
| Trade debts44 | €11k | €12k | €14k | €7k | €9k | ▲ 18.3% |
| Suppliers440/4 | €11k | €12k | €14k | €7k | €9k | ▲ 18.3% |
| Taxes, remuneration and social security45 | €6k | €9k | €10k | €12k | €8k | ▼ 30.3% |
| Taxes450/3 | €4k | €7k | €8k | €10k | €7k | ▼ 35.5% |
| Remuneration and social security454/9 | €2k | €2k | €2k | €2k | €2k | = |
| Other amounts payable47/48 | €6k | €0 | €0 | €1k | €5k | ▲ 328% |
| Accrued charges and deferred income492/3 | €260 | €260 | €286 | €290 | €298 | ▲ 2.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-10k | €1k | €2k | €3k | €2k | ▼ 40.0% |
| + Depreciation and write-downs630 | €16k | €16k | €16k | €19k | €22k | ▲ 16.9% |
| Operating cash flow (approximation) | €6k | €17k | €18k | €22k | €24k | ▲ 8.6% |
| Investment in fixed assets (approximation) | - | €-964 | €0 | €-36k | €-1k | ▲ 96.8% |
| Change in cash | - | €-22 | €-19k | €1k | €2k | ▲ 57.6% |
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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Equity above €100kEq €102k ▲22.7%
3 profitable years in a row build equity to €102k.
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Highest result since 2018net €19k ▲288%
Operating result €31k, net result €19k, both a record.
27-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-04
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Antwerpen · 1 establishment unit since 2008
Ground area
288 m²
Building footprint
149 m²
Volume, LiDAR
1,215 m³
Parcel 11810K1777/00H005, Flanders · tallest building 13.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Haantjeslei 108, 2018 Antwerpen
since 20082.185.371.792
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1777/00H005 | Flanders | 288 m² | 1 · 149 m² | 13.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 22,056 companies in sector 69101 we hold annual accounts for 9,055. 7,558 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
Founded29-12-2008
Fiscal year end30-09
Activities, NACEBEL 2025
69101Activities of lawyers
Scores and ratios are computed by Checked and are not a credit decision.