KABO
ActiveKABO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €174k and a net result of €4k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 28% of 7673 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
68
/ 100
Healthy▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-68
Solvency49▲+1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.41 against 1.26 in 2024), and 74% 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+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
26%
Return on assets
0.6%
Age of the figures
8 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
27 d early
2023
48 d early
2022
11 d early
2021
23 d early
2020
43 d early
2019
20 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€174k▼ 15.7%
2024 · €207k
2018: €57k
2019: €156k
2020: €260k
2021: €259k
2022: €197k
2023: €219k
2024: €207k
2018 → 2025
Total assets
€670k▼ 11.4%
2024 · €756k
2018: €239k
2019: €364k
2020: €429k
2021: €911k
2022: €873k
2023: €752k
2024: €756k
2018 → 2025
Net result
€4k▼ 86.9%
2024 · €33k
2018: €-4k
2019: €100k
2020: €106k
2021: €-548
2022: €37k
2023: €22k
2024: €33k
2018 → 2025
Working capital
€78k▲ 36.4%
2024 · €57k
2018: €21k
2019: €127k
2020: €159k
2021: €147k
2022: €126k
2023: €95k
2024: €57k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€259k-€197k▼ 24.1%€219k▲ 11.1%€207k▼ 5.4%€174k▼ 15.7%
Operating result€-5k-€42k€24k▼ 44.0%€42k▲ 78.3%€-6k
Net result€-548-€37k€22k▼ 41.5%€33k▲ 50.0%€4k▼ 86.9%
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 turns negative in 2025: a loss of €6k after €42k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €670k
Fixed assets
€403k▼ 15.2%
Current assets
€267k▼ 4.9%
Equity and liabilities €670k
Equity
€174k▼ 15.7%
Debt
€496k▼ 9.8%
The debt ratio rises from 72.7% to 74.0%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€59k▼
2024 · €114k
Cash flow
€70k▼
2024 · €104k
Solvency
26.0%▼
2024 · 27.3%
Current ratio
1.41▲
2024 · 1.26
Quick ratio
1.37▲
2024 · 0.80
Debt / equity
2.84▲
2024 · 2.66
ROE
2.5%▼
2024 · 15.9%
ROA
0.6%▼
2024 · 4.3%
Interest coverage
4.96▼
2024 · 6.94
Debt
€496k▼
2024 · €549k
Debt ≤ 1 year
€189k▼
2024 · €224k
Debt > 1 year
€307k▼
2024 · €326k
Income taxes
€1k▼
2024 · €9k
Staff costs
€212k▼
2024 · €236k
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€756k€670k▼
Fixed assets21/28€475k€403k▼
Tangible fixed assets22/27€475k€403k▼
Land and buildings22€335k€314k▼
Plant, machinery and equipment23€61k€35k▼
Furniture and vehicles24€60k€54k▼
Leasing and similar rights25€20k-
Current assets29/58€281k€267k▼
Stocks and contracts in progress3€101k€9k▼
Stocks30/36€43k€7k▼
Contracts in progress37€59k€2k▼
Amounts receivable within one year40/41€36k€125k▲
Trade receivables40€36k€102k▲
Other amounts receivable41€7€22k▲
Cash at bank and in hand54/58€142k€134k▼
Deferred charges and accrued income490/1€485-
Equity and liabilities
Total equity and liabilities10/49€756k€670k▼
Equity10/15€207k€174k▼
Contributions10/11€19k€19k=
Reserves13€188k€156k▼
Distributable reserves133€188k€156k▼
Amounts payable17/49€549k€496k▼
Amounts payable after more than one year17€326k€307k▼
Financial debts170/4€326k€307k▼
Amounts payable within one year42/48€224k€189k▼
Current portion of amounts payable after more than one year42€50k€51k▲
Trade debts44€132k€62k▼
Suppliers440/4€132k€62k▼
Taxes, remuneration and social security45€14k€3k▼
Taxes450/3€14k€3k▼
Other amounts payable47/48€28k€73k▲
Accrued charges and deferred income492/3€150-
Income statement
Code20242025
Remuneration, social security and pensions62€236k€212k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72k€66k▼
Other operating charges640/8€5k€11k▲
Gross operating margin9900€355k€282k▼
Operating profit (loss)9901€42k€-6k▼
Financial income75/76B€17k€24k▲
Recurring financial income75€10k€8k▼
Non-recurring financial income76B€7k€16k▲
Financial charges65/66B€16k€12k▼
Recurring financial charges65€16k€12k▼
Profit (loss) for the period before taxes9903€42k€6k▼
Income taxes67/77€9k€1k▼
Profit (loss) for the period9904€33k€4k▼
Profit (loss) for the period to be appropriated9905€33k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€4k▼
Transfer from equity791/2€42k€35k▼
Transfer to equity691/2€30k€3k▼
To other reserves6921€30k€3k▼
Profit to be distributed694/7€45k€37k▼
Return on contributions (dividend)694€44k€37k▼
Directors or managers695€708-
Social balance
Average headcount (FTE)90874.04.0=
The notes to these accounts (17 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €219k ▲11.1%
2 profitable years in a row build equity to €219k.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €106k ▲5.4%
Operating result €126k, net result €106k, both a record.
31-12
Financial
Equity above €200kEq €260k ▲67%
2 profitable years in a row build equity to €260k.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial
Back to profitnet €100k
Net result €100k after one loss-making year.
31-12
Financial
Equity above €150kEq €156k ▲174%
Equity rises from €57k to €156k.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
DE BEN Rico
CurrentDirector · since 27-11-2023
27-11-2023
Appointed as Director
Location & real-estate footprint
Registered office, Kapellen · 1 establishment unit since 2016
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.
Eksterlaan 92950 KapellenGround area
4,990 m²
Building footprint
302 m²
Parcel 11023I0202/00A000, Flanders. Linked by address, not a title deed.
1 establishment unit
KABO
since 20162.249.775.339
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11023I0202/00A000 | Flanders | 4,990 m² | 1 · 302 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.
Similar companies · same sector, comparable size
BOUW CLAERHOUT
BE 0786.671.186
Harelbeke · Eq €174k
Ballet
BE 0463.744.231
Hasselt · Eq €174k
Bouwondernemingen Stefan Keppens
BE 0423.786.961
Wichelen · Eq €174k
METSELWERKEN BIPA
BE 0475.831.619
Wellen · Eq €174k
K&K DE MAN
BE 0890.615.891
Beersel · Eq €174k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,863. 12,248 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-01-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43350Other building finishing work
42110Construction of roads and motorways
42212Civil engineering
42911Civil engineering
43120Site preparation
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
43910Bricklaying and masonry work
43990Other specialised construction activities
43992Specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.