K.S.E.
ActiveK.S.E. has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €323k and a net result of €29k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 87% of 16527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 12.5 against 16.46 in 2024; short-term debt: 7.5% and cash: 21.6% of total assets), and 7.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 86
Relative position
BE, all sectors
reference
Sector 86
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
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
92.5%
Return on assets
8.2%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
192022232425
2019 to 2025 · latest year €323k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
44 d early
2023
2 d early
2022
139 d late
2020
48 d early
2019
65 d early
2018
72 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€135k▼ 11.6%
2019 · €153k
2019: €153k
2019 → 2020
EBIT margin
16.1%▼ 4.6pp
2019 · 20.7%
2019: 20.7%
2019 → 2020
Net result
€29k▼ 20.6%
2024 · €36k
2019: €22k
2020: €15k
2022: €9k
2023: €13k
2024: €36k
2019 → 2025
Working capital
€301k▲ 4.6%
2024 · €288k
2019: €274k
2020: €291k
2022: €294k
2023: €268k
2024: €288k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Turnover€135k-
Equity€292k-€304k▲ 4.0%€280k▼ 7.8%€294k▲ 5.0%€323k▲ 9.7%
Operating result€22k-€32k▲ 47.3%€22k▼ 31.9%€53k▲ 141%€44k▼ 16.6%
Net result€15k-€9k▼ 41.9%€13k▲ 42.5%€36k▲ 182%€29k▼ 20.6%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €349k
Fixed assets
€22k▲ 244%
Current assets
€327k▲ 6.8%
Equity and liabilities €349k
Equity
€323k▲ 9.7%
Debt
€26k▲ 40.6%
The debt ratio rises from 6.0% to 7.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€48k▼
2024 · €58k
Cash flow
€33k▼
2024 · €41k
Solvency
92.5%▼
2024 · 94.0%
Current ratio
12.50▼
2024 · 16.46
Quick ratio
12.50▼
2024 · 16.46
Debt / equity
0.08▲
2024 · 0.06
ROE
8.9%▼
2024 · 12.2%
ROA
8.2%▼
2024 · 11.5%
Interest coverage
33.68▼
2024 · 256.04
Debt
€26k▲
2024 · €19k
Debt ≤ 1 year
€26k▲
2024 · €19k
Income taxes
€15k▼
2024 · €17k
Staff costs
€18k▲
2024 · €18k
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€313k€349k▲
Fixed assets21/28€6k€22k▲
Tangible fixed assets22/27€6k€22k▲
Plant, machinery and equipment23€6k€22k▲
Current assets29/58€306k€327k▲
Amounts receivable after more than one year29-€50k
Other amounts receivable291-€50k
Amounts receivable within one year40/41€28k€28k▲
Trade receivables40€28k€28k=
Other amounts receivable41-€116
Current investments50/53€162k€162k=
Cash at bank and in hand54/58€105k€75k▼
Deferred charges and accrued income490/1€12k€12k▲
Equity and liabilities
Total equity and liabilities10/49€313k€349k▲
Equity10/15€294k€323k▲
Contributions10/11€19k€19k=
Reserves13€143k€172k▲
Distributable reserves133€143k€172k▲
Profit (loss) carried forward14€132k€132k=
Amounts payable17/49€19k€26k▲
Amounts payable within one year42/48€19k€26k▲
Financial debts43€4k€5k▲
Credit institutions430/8€4k€5k▲
Trade debts44€288€18k▲
Suppliers440/4€288€18k▲
Taxes, remuneration and social security45€10k€3k▼
Taxes450/3€4k-
Remuneration and social security454/9€5k€3k▼
Other amounts payable47/48€5k-
Income statement
Code20242025
Remuneration, social security and pensions62€18k€18k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€6k€4k▼
Gross operating margin9900€82k€70k▼
Operating profit (loss)9901€53k€44k▼
Financial income75/76B€384€1k▲
Recurring financial income75€384€1k▲
Financial charges65/66B€226€1k▲
Recurring financial charges65€226€1k▲
Profit (loss) for the period before taxes9903€53k€44k▼
Income taxes67/77€17k€15k▼
Profit (loss) for the period9904€36k€29k▼
Profit (loss) for the period to be appropriated9905€36k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€168k€161k▼
Profit (loss) brought forward from the previous period14P€132k€132k=
Transfer from equity791/2€22k-
Transfer to equity691/2€36k€29k▼
To the legal reserve6920€36k€29k▼
Profit to be distributed694/7€22k-
Return on contributions (dividend)694€22k-
The notes to these accounts (5 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
20-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Highest result since 2019net €36k ▲182%
Operating result €53k, net result €36k, both a record.
30-06
Financial
Liquidity triplescurrent ratio 16.46
Current ratio from 6.40 to 16.46; short-term debt falls from €50k to €19k.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 139 days late
2022
30-06
Financial
Weakest financial yearnet €9k ▼41.9%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
2020
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
18-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
04-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
06-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 1988
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.
Baden Powelllaan 51200 Sint-Lambrechts-WoluweGround area
2,013 m²
Building footprint
766 m²
Volume, LiDAR
14,443 m³
Parcel 21672C0268/00G002, Brussels · tallest building 23.2 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Baden Powelllaan 5, 1200 Sint-Lambrechts-Woluwe
since 19882.228.972.995
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21672C0268/00G002 | Brussels | 2,013 m² | 1 · 766 m² | 23.2 m · 7 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.
Similar companies · same sector, comparable size
Dr. Halil Sirimsi
BE 0691.820.529
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Dr. C. VAN HOLDER
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DR. JOHN VAN OVERSCHELDE
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Dorian Van Belle
BE 1000.705.745
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Société médicale du Docteur Christiane REGNIER
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Of 16,628 companies in sector 86220 we hold annual accounts for 7,973. 6,642 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded21-06-1988
Fiscal year end30-06
Activities, NACEBEL
85120
86220Specialist medical practice
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.