KABASrecruit
ActiveKABASrecruit has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.61M and a net result of €363k. Equity is growing by ~25.7% per year across the filed fiscal years. Its solvency ranks better than 80% of 314 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-6
Solvency85▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €210k at 30 days acceptable
Liquidity ample (current ratio 2.39 against 2.73 in 2024; short-term debt: 39.9% and cash: 38.7% of total assets), and 39.9% 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.
−lowers risk○neutral
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
60.1%
Return on assets
8.4%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← fewer bankruptcies
more bankruptcies →
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 15-07-2026, 16 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
16 d early
2024
28 d late
2023
30 d late
2022
17 d early
2021
25 d early
2020
30 d late
2019
108 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.61M▲ 16.2%
2024 · €2.24M
2018: €143k
2019: €357k
2020: €813k
2021: €1.43M
2022: €1.35M
2023: €1.80M
2024: €2.24M
2018 → 2025
Total assets
€4.34M▲ 26.0%
2024 · €3.44M
2018: €329k
2019: €694k
2020: €1.23M
2021: €2.01M
2022: €2.04M
2023: €3.06M
2024: €3.44M
2018 → 2025
Net result
€363k▼ 17.3%
2024 · €438k
2018: €130k
2019: €214k
2020: €456k
2021: €621k
2022: €1.09M
2023: €451k
2024: €438k
2018 → 2025
Working capital
€2.41M▲ 16.8%
2024 · €2.07M
2018: €138k
2019: €333k
2020: €807k
2021: €1.38M
2022: €1.28M
2023: €1.69M
2024: €2.07M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.43M-€1.35M▼ 5.7%€1.80M▲ 33.3%€2.24M▲ 24.3%€2.61M▲ 16.2%
Operating result€745k-€1.47M▲ 97.0%€673k▼ 54.1%€575k▼ 14.5%€526k▼ 8.6%
Net result€621k-€1.09M▲ 75.8%€451k▼ 58.7%€438k▼ 2.8%€363k▼ 17.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 9% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.34M
Fixed assets
€193k▲ 5.0%
Current assets
€4.14M▲ 27.2%
Equity and liabilities €4.34M
Equity
€2.61M▲ 16.2%
Debt
€1.73M▲ 44.5%
The debt ratio rises from 34.8% to 39.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€624k▼
2024 · €658k
Cash flow
€461k▼
2024 · €521k
Solvency
60.1%▼
2024 · 65.2%
Current ratio
2.39▼
2024 · 2.73
Quick ratio
2.39▼
2024 · 2.73
Debt / equity
0.66▲
2024 · 0.53
ROE
13.9%▼
2024 · 19.6%
ROA
8.4%▼
2024 · 12.7%
Interest coverage
221.58▲
2024 · 210.53
Debt
€1.73M▲
2024 · €1.20M
Debt ≤ 1 year
€1.73M▲
2024 · €1.19M
Income taxes
€188k▼
2024 · €221k
Staff costs
€813k▲
2024 · €634k
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€3.44M€4.34M▲
Fixed assets21/28€184k€193k▲
Tangible fixed assets22/27€183k€193k▲
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€165k€179k▲
Other tangible fixed assets26€16k€12k▼
Financial fixed assets28€586€586=
Current assets29/58€3.26M€4.14M▲
Amounts receivable within one year40/41€1.57M€1.98M▲
Trade receivables40€1.41M€1.98M▲
Other amounts receivable41€166k€3k▼
Current investments50/53€404k€465k▲
Cash at bank and in hand54/58€1.27M€1.68M▲
Deferred charges and accrued income490/1€10k€15k▲
Equity and liabilities
Total equity and liabilities10/49€3.44M€4.34M▲
Equity10/15€2.24M€2.61M▲
Contributions10/11€19k€19k=
Reserves13€891k€1.25M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€889k€1.25M▲
Profit (loss) carried forward14€1.33M€1.33M=
Amounts payable17/49€1.20M€1.73M▲
Amounts payable after more than one year17€7k-
Financial debts170/4€7k-
Amounts payable within one year42/48€1.19M€1.73M▲
Current portion of amounts payable after more than one year42€20k€7k▼
Trade debts44€1.06M€1.47M▲
Suppliers440/4€1.06M€1.47M▲
Taxes, remuneration and social security45€110k€252k▲
Taxes450/3€56k€168k▲
Remuneration and social security454/9€54k€84k▲
Income statement
Code20242025
Remuneration, social security and pensions62€634k€813k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€83k€98k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€1.29M€1.44M▲
Operating profit (loss)9901€575k€526k▼
Financial income75/76B€88k€28k▼
Recurring financial income75€88k€28k▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€660k€551k▼
Income taxes67/77€221k€188k▼
Profit (loss) for the period9904€438k€363k▼
Profit (loss) for the period to be appropriated9905€438k€363k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.77M€1.70M▼
Profit (loss) brought forward from the previous period14P€1.33M€1.33M=
Transfer to equity691/2€438k€363k▼
To other reserves6921€438k€363k▼
Social balance
Average headcount (FTE)908710.411.5▲
The notes to these accounts (6 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Equity above €2MEq €2.24M ▲24.3%
7 profitable years in a row build equity to €2.24M.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €1.09M ▲75.8%
Operating result €1.47M, net result €1.09M, both a record.
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.43M ▲76.4%
4 profitable years in a row build equity to €1.43M.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-12
Financial
Equity above €500kEq €813k ▲128%
3 profitable years in a row build equity to €813k.
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 108 days late
2019
31-12
Financial
Equity above €200kEq €357k ▲150%
2 profitable years in a row build equity to €357k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
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, Waregem · 1 establishment unit since 2017
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.
Baanstknokstraat 238790 WaregemGround area
2,748 m²
Building footprint
602 m²
Volume, LiDAR
641 m³
2 parcels, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
KABASrecruit
since 20172.267.750.429
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0105/00R003 | Flanders | 2,146 m² | 1 · 456 m² | - |
| 34040C0087/00Z003 | Flanders | 601 m² | 1 · 146 m² | 5.8 m · 1 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.
Recognitions · licences · registrations
Legal Entity Identifier
6994006XW316XF9SPG04
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Of 1,014 companies in sector 78200 we hold annual accounts for 645. 212 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2017
Fiscal year end31-12
Activities, NACEBEL
78100Employment placement agencies
78200Temporary employment agencies and other provision of personnel
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.