K9 TRAINING CENTER
ActiveK9 TRAINING CENTER has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-136k) and a net result of €-37k. Equity is shrinking by ~21.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 298 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
26
/ 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▼-29
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.9 in 2024; short-term debt: 68.3% and cash: 6% of total assets), and equity is negative.
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 · 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
-159%
Return on assets
-43.3%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-136k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
30 d late
2022
6 d early
2021
on the day
2020
9 d early
2019
120 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, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-37k▼ 765%
2024 · €-4k
2019: €-56k
2020: €-41k
2021: €-39k
2022: €-41k
2023: €20k
2024: €-4k
2019 → 2025
Working capital
€-42k▼ 702%
2024 · €-5k
2019: €-8k
2020: €-19k
2021: €-133k
2022: €-30k
2023: €10k
2024: €-5k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-74k-€-115k▼ 55.2%€-94k▲ 17.8%€-99k▼ 4.5%€-136k▼ 37.4%
Operating result€-39k-€-40k▼ 3.0%€22k€917▼ 95.8%€-32k
Net result€-39k-€-41k▼ 3.6%€20k€-4k€-37k▼ 765%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €32k after €917 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €85k
Fixed assets
€69k▼ 8.5%
Current assets
€16k▼ 66.2%
Key figures and ratios
EBITDA
€-19k▼
2024 · €9k
Cash flow
€-24k▼
2024 · €4k
Solvency
-159.0%▼
2024 · -79.9%
Current ratio
0.28▼
2024 · 0.90
Quick ratio
0.28▼
2024 · 0.90
Debt / equity
-1.63▲
2024 · -2.25
ROA
-43.3%▼
2024 · -3.5%
Interest coverage
-3.56▼
2024 · 1.77
Debt
€221k▼
2024 · €222k
Debt ≤ 1 year
€58k▲
2024 · €53k
Debt > 1 year
€163k▼
2024 · €169k
Staff costs
€195k▲
2024 · €163k
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€124k€85k▼
Fixed assets21/28€75k€69k▼
Intangible fixed assets21€568€254▼
Tangible fixed assets22/27€75k€69k▼
Land and buildings22€41k€38k▼
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24-€4k
Leasing and similar rights25€27k€21k▼
Other tangible fixed assets26€3k€2k▼
Current assets29/58€48k€16k▼
Amounts receivable within one year40/41€23k€9k▼
Trade receivables40€22k€9k▼
Other amounts receivable41€849€55▼
Cash at bank and in hand54/58€24k€5k▼
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€124k€85k▼
Equity10/15€-99k€-136k▼
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Profit (loss) carried forward14€-161k€-198k▼
Amounts payable17/49€222k€221k▼
Amounts payable after more than one year17€169k€163k▼
Financial debts170/4€36k€26k▼
Other amounts payable178/9€132k€137k▲
Amounts payable within one year42/48€53k€58k▲
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€7k€3k▼
Suppliers440/4€7k€3k▼
Taxes, remuneration and social security45€36k€45k▲
Taxes450/3€10k€12k▲
Remuneration and social security454/9€26k€33k▲
Income statement
Code20242025
Remuneration, social security and pensions62€163k€195k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€12k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€924€1k▲
Non-recurring operating charges66A-€464
Gross operating margin9900€174k€181k▲
Operating profit (loss)9901€917€-32k▼
Financial income75/76B€0€11▲
Recurring financial income75€0€11▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€-4k€-37k▼
Profit (loss) for the period9904€-4k€-37k▼
Profit (loss) for the period to be appropriated9905€-4k€-37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-161k€-198k▼
Profit (loss) brought forward from the previous period14P€-157k€-161k▼
Social balance
Average headcount (FTE)90872.43.0▲
The notes to these accounts (16 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after 4 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.25
Current ratio from 0.43 to 1.25; short-term debt falls from €53k to €40k.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 120 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Bredene · 1 establishment unit since 2018
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.
Brugsesteenweg 1058450 BredeneGround area
2,766 m²
Parcel 35302D0179/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
K9 TRAINING CENTER
since 20182.279.995.688
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35302D0179/00L000 | Flanders | 2,766 m² | - | - |
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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 255 EUR awarded · 255 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 255 EUR | 255 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,025 companies in sector 96994 we hold annual accounts for 56. 32 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-07-2018
Fiscal year end31-12
Activities, NACEBEL
80010Investigation and private security services
80100Investigation and security activities
96994Pet training
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.