K.V.
ActiveK.V. has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-21k) and a net result of €-598. Equity is shrinking by ~31.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 7446 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
43
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▼-3
Solvency20▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.24 in 2023; short-term debt: 105% and cash: 0.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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 2024Solvency, return and age of the figures
Solvency
-5.3%
Return on assets
-0.1%
Age of the figures
21 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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-21k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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
not confirmed
2024
27 d late
2023
29 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
46 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-21k▼ 2.9%
2023 · €-20k
2018: €281k
2019: €218k
2020: €203k
2021: €176k
2022: €-36k
2023: €-20k
2018 → 2024
Total assets
€402k▼ 27.2%
2023 · €552k
2018: €437k
2019: €396k
2020: €485k
2021: €600k
2022: €592k
2023: €552k
2018 → 2024
Net result
€-598
2023 · €15k
2018: €-19k
2019: €-64k
2020: €-15k
2021: €-27k
2022: €-211k
2023: €15k
2018 → 2024
Working capital
€-397k▲ 8.8%
2023 · €-435k
2018: €23k
2019: €-123k
2020: €-206k
2021: €-224k
2022: €-486k
2023: €-435k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€203k-€176k▼ 13.3%€-36k€-20k▲ 42.7%€-21k▼ 2.9%
Operating result€-11k-€-22k▼ 93.9%€-208k▼ 857%€17k€-629
Net result€-15k-€-27k▼ 79.3%€-211k▼ 688%€15k€-598
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €629 after €17k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €402k
Fixed assets
€377k▼ 9.5%
Current assets
€25k▼ 81.8%
Key figures and ratios
EBITDA
€39k▼
2023 · €71k
Cash flow
€39k▼
2023 · €69k
Solvency
-5.3%▼
2023 · -3.7%
Current ratio
0.06▼
2023 · 0.24
Quick ratio
0.06▼
2023 · 0.24
Debt / equity
-19.99▲
2023 · -27.85
ROA
-0.1%▼
2023 · 2.8%
Interest coverage
73.46▲
2023 · 34.20
Debt
€422k▼
2023 · €571k
Debt ≤ 1 year
€422k▼
2023 · €571k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€552k€402k▼
Fixed assets21/28€417k€377k▼
Intangible fixed assets21€191k€167k▼
Tangible fixed assets22/27€225k€210k▼
Land and buildings22€214k€209k▼
Plant, machinery and equipment23€10k-
Furniture and vehicles24€2k€615▼
Current assets29/58€136k€25k▼
Amounts receivable within one year40/41€55k€20k▼
Trade receivables40€34k-
Other amounts receivable41€20k€20k▼
Cash at bank and in hand54/58€80k€4k▼
Deferred charges and accrued income490/1€906€817▼
Equity and liabilities
Total equity and liabilities10/49€552k€402k▼
Equity10/15€-20k€-21k▼
Contributions10/11€56k€56k=
Reserves13€3k€2k▼
Tax-exempt reserves132€3k€2k▼
Profit (loss) carried forward14€-80k€-79k▲
Provisions and deferred taxes16€2k€1k▼
Deferred taxes168€2k€1k▼
Amounts payable17/49€571k€422k▼
Amounts payable within one year42/48€571k€422k▼
Current portion of amounts payable after more than one year42€18k-
Trade debts44€12k€1k▼
Suppliers440/4€12k€1k▼
Other amounts payable47/48€542k€420k▼
Income statement
Code20232024
Non-recurring operating income76A€56k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€39k▼
Other operating charges640/8€6k€6k▲
Gross operating margin9900€77k€45k▼
Operating profit (loss)9901€17k€-629▼
Financial charges65/66B€2k€528▼
Recurring financial charges65€2k€528▼
Profit (loss) for the period before taxes9903€15k€-1k▼
Transfer from deferred taxes780€559€559=
Profit (loss) for the period9904€15k€-598▼
Transfer from tax-exempt reserves789€1k-
Profit (loss) for the period to be appropriated9905€16k€-598▼
Appropriation of the result
Profit (loss) to be appropriated9906€-85k€-80k▲
Profit (loss) brought forward from the previous period14P€-102k€-80k▲
Transfer from equity791/2€6k€1k▼
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
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Back to profitnet €15k
Net result €15k after 5 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-211k
Net result drops to €-211k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 46 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
27-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Kalmthout · 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.
Brasschaatsteenweg (C) 2902920 KalmthoutGround area
2.1 ha
Building footprint
1.1 ha
Volume, LiDAR
8,813 m³
2 parcels, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kwade Weide (C) 10, 2920 Kalmthout
since 19942.069.471.838
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662E0576/00E020 | Flanders | 1.7 ha | 1 · 9,086 m² | - |
| 11662E0512/00K000 | Flanders | 3,430 m² | 1 · 1,500 m² | 6.5 m · 2 fl. |
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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AUGUSTYNS
BE 0416.822.559
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MEUWES LASWERKEN
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,527 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-06-1994
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.