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KAAT DE JONGHE

Active
Private limited companyfounded 20214 yrs activeSpermaliestraat 63, 8431 Middelkerke, BelgiumKBO/BCE: BE 0777.924.162

The computed 12-month bankruptcy probability of KAAT DE JONGHE is 3.9% (moderate). The annual accounts of KAAT DE JONGHE for fiscal year 2024 show a net loss of 72% of the equity at the start of that year. The 2024 annual accounts show equity of €4k and a net result of €-10k. Equity remains stable across the filed fiscal years (±1.4% per year). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
46 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▼-37
Solvency27▼-61
Growth32▼-46
Track record94
Bankruptcy probability, 12 months
3.9% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit 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 short (current ratio 0.72 against 2.22 in 2023; short-term debt: 8.8% and cash: 2.3% of total assets), and 98.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
+raises riskneutral
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2024
Solvency, return and age of the figures
Solvency
1.9%
Return on assets
-4.7%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
35 d early
2023
71 d early
2022
21 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€4k▼ 71.7%
2023 · €14k
2022: €4k 2023: €14k
2022 → 2024
Total assets
€214k▲ 850%
2023 · €23k
2022: €8k 2023: €23k
2022 → 2024
Net result
€-10k
2023 · €10k
2022: €2k 2023: €10k
2022 → 2024
Working capital
€-5k
2023 · €10k
2022: €4k 2023: €10k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202220232024Trend
Equity€4k-€14k▲ 243%€4k▼ 71.7%
Operating result€3k-€15k▲ 342%€-10k
Net result€2k-€10k▲ 421%€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10k€20kOperating result 2022: €3k€3kNet result 2022: €2k€2kOperating result 2023: €15k€15kNet result 2023: €10k€10kOperating result 2024: €-10k€-10kNet result 2024: €-10k€-10k202220232024
The operating result turns negative in 2024: a loss of €10k after €15k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €214k
Fixed assets €201k▲ 5,008%
Current assets €13k▼ 27.9%
Equity and liabilities €214k
Equity €4k▼ 71.7%
Debt €210k▲ 2,403%
The debt ratio rises from 37.2% to 98.1%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€23k
2023 · €16k
Cash flow
€23k
2023 · €11k
Solvency
1.9%
2023 · 62.8%
Current ratio
0.72
2023 · 2.22
Quick ratio
0.72
2023 · 2.22
Debt / equity
52.42
2023 · 0.59
ROE
-253.1%
2023 · 73.4%
ROA
-4.7%
2023 · 46.1%
Interest coverage
136.09
2023 · 129.78
Debt
€210k
2023 · €8k
Debt ≤ 1 year
€19k
2023 · €8k
Debt > 1 year
€192k
Income taxes
€0
2023 · €5k
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€23k€214k
Fixed assets21/28€4k€201k
Tangible fixed assets22/27€4k€201k
Land and buildings22-€198k
Other tangible fixed assets26€4k€3k
Current assets29/58€19k€13k
Amounts receivable within one year40/41€5k€8k
Trade receivables40€5k€8k
Other amounts receivable41-€451
Cash at bank and in hand54/58€14k€5k
Deferred charges and accrued income490/1-€607
Equity and liabilities
Total equity and liabilities10/49€23k€214k
Equity10/15€14k€4k
Contributions10/11€3k€3k=
Reserves13€12k€12k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€77€-10k
Amounts payable17/49€8k€210k
Amounts payable after more than one year17-€192k
Financial debts170/4-€192k
Amounts payable within one year42/48€8k€19k
Current portion of amounts payable after more than one year42-€16k
Trade debts44€0€126
Suppliers440/4€0€126
Taxes, remuneration and social security45€8k€2k
Taxes450/3€8k€2k
Other amounts payable47/48€96€0
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€473€33k
Other operating charges640/8€241€773
Gross operating margin9900€16k€24k
Operating profit (loss)9901€15k€-10k
Financial charges65/66B€120€169
Recurring financial charges65€120€169
Profit (loss) for the period before taxes9903€15k€-10k
Income taxes67/77€5k€0
Profit (loss) for the period9904€10k€-10k
Profit (loss) for the period to be appropriated9905€10k€-10k
Appropriation of the result
Profit (loss) to be appropriated9906€10k€-10k
Profit (loss) brought forward from the previous period14P€35€77
Transfer to equity691/2€10k€0
To other reserves6921€10k€0
Profit to be distributed694/7€360€0
Return on contributions (dividend)694€360€0

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
11-08
State Gazette act Capital & shares · Purpose · Statutes amendment
General meeting · Purpose change · Corporate purpose5 facts ▸
  • General meeting, 04-08-2026
  • Purpose change, Het voorwerp van de vennootschap wordt vervangen door de tekst van artikel 3 zoals weergegeven in het eerste besluit.
  • Corporate purpose, De vennootschap heeft als voorwerp in België en in het buitenland, voor eigen rekening, voor rekening van derden of voor gezamenlijke rekening met derden: - Het…
  • Statutes amendment
  • Statutes amendment
2025
26-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €-10k ▼198%
Net result drops to €-10k, the lowest in the series.
21-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2022net €10k ▲421%
Operating result €15k, net result €10k, both a record.
21-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Middelkerke · 1 establishment unit since 2021
establishment The establishment unit on the map
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.

Spermaliestraat 638431 Middelkerke
Ground area
408 m²
Building footprint
128 m²
Volume, LiDAR
576 m³
Parcel 35024A0237/00W000, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
KAAT DE JONGHE
Spermaliestraat 63, 8431 MiddelkerkeAgents and brokers in banking services
since 20212.325.223.127
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35024A0237/00W000 Flanders 408 m² 1 · 128 m² 9.6 m · 1 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.

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded01-12-2021
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 3 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.