Kacen Development Consulting
ActiveKacen Development Consulting has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €167k and a net result of €72k. Equity is growing by ~35.1% per year across the filed fiscal years. Its solvency ranks better than 52% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
98
/ 100
Excellent▼ -2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency98▼-2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 2.72 against 5.7 in 2024), and 41.8% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
58.2%
Return on assets
25.2%
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 14-07-2026, 17 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
17 d early
2024
25 d late
2023
29 d late
2022
31 d late
2021
61 d late
2020
31 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, micro schema
Turnover
€139k
EBIT margin
39.8%
Net result
€72k▲ 77.9%
2024 · €41k
2020: €11k
2021: €22k
2022: €41k
2023: €38k
2024: €41k
2020 → 2025
Working capital
€180k▲ 8.3%
2024 · €166k
2020: €11k
2021: €45k
2022: €87k
2023: €126k
2024: €166k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€139k
Equity€47k-€88k▲ 86.4%€126k▲ 43.5%€167k▲ 32.2%€167k=
Operating result€36k-€55k▲ 51.6%€55k▼ 1.3%€55k=€93k▲ 69.8%
Net result€22k-€41k▲ 86.8%€38k▼ 6.2%€41k▲ 6.2%€72k▲ 77.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 70% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €286k
Fixed assets
€990▲ 717%
Current assets
€285k▲ 41.3%
Equity and liabilities €286k
Equity
€167k=
Debt
€120k▲ 238%
The debt ratio rises from 17.5% to 41.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€93k▲
2024 · €55k
Cash flow
€72k▲
2024 · €41k
Solvency
58.2%▼
2024 · 82.5%
Current ratio
2.72▼
2024 · 5.70
Quick ratio
2.72▼
2024 · 5.70
Debt / equity
0.72▲
2024 · 0.21
ROE
43.3%▲
2024 · 24.4%
ROA
25.2%▲
2024 · 20.1%
Interest coverage
1234.22▲
2024 · 365.87
Debt
€120k▲
2024 · €35k
Debt ≤ 1 year
€105k▲
2024 · €35k
Income taxes
€25k▲
2024 · €18k
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€202k€286k▲
Fixed assets21/28€121€990▲
Tangible fixed assets22/27€91€800▲
Furniture and vehicles24€91€800▲
Financial fixed assets28€30€190▲
Current assets29/58€202k€285k▲
Amounts receivable within one year40/41€19k€19k▲
Trade receivables40€19k€19k▲
Current investments50/53€150k€0▼
Cash at bank and in hand54/58€33k€266k▲
Deferred charges and accrued income490/1€0€568▲
Equity and liabilities
Total equity and liabilities10/49€202k€286k▲
Equity10/15€167k€167k=
Contributions10/11€3k€3k=
Reserves13€164k€164k=
Distributable reserves133€164k€164k=
Profit (loss) carried forward14-€0
Amounts payable17/49€35k€120k▲
Amounts payable within one year42/48€35k€105k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€14k€9k▼
Taxes450/3€13k€9k▼
Remuneration and social security454/9€2k€0▼
Other amounts payable47/48€16k€93k▲
Accrued charges and deferred income492/3€33€15k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€358€188▼
Other operating charges640/8€899€1k▲
Gross operating margin9900€56k€94k▲
Operating profit (loss)9901€55k€93k▲
Financial income75/76B€4k€5k▲
Recurring financial income75€4k€5k▲
Financial charges65/66B€150€75▼
Recurring financial charges65€150€75▼
Profit (loss) for the period before taxes9903€59k€98k▲
Income taxes67/77€18k€25k▲
Profit (loss) for the period9904€41k€72k▲
Profit (loss) for the period to be appropriated9905€41k€72k▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€72k▲
Transfer to equity691/2€41k€0▼
To the legal reserve6920€41k€0▼
Profit to be distributed694/7-€72k
Return on contributions (dividend)694-€72k
The notes to these accounts (11 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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €72k ▲77.9%
Operating result €93k, net result €72k, both a record.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Equity above €150kEq €167k ▲32.2%
5 profitable years in a row build equity to €167k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €100kEq €126k ▲43.5%
4 profitable years in a row build equity to €126k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 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, Sint-Genesius-Rode · 1 establishment unit since 2019
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.
Groenspechtlaan 321640 Sint-Genesius-RodeGround area
293 m²
Building footprint
76 m²
Volume, LiDAR
540 m³
Parcel 22552F0001/00E012, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kacen Development Consulting
since 20192.292.388.231
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22552F0001/00E012 | Flanders | 293 m² | 1 · 76 m² | 9.0 m · 2 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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Similar companies · same sector, comparable size
WP MANAGEMENT
BE 0886.727.973
Antwerpen · Eq €167k
VEPECO
BE 0899.748.838
Bornem · Eq €167k
Juliet Invest
BE 0845.569.289
Ukkel · Eq €167k
IMMO SAINTE - MARIE
BE 0477.872.775
Schaarbeek · Eq €167k
MJRS LABS
BE 1012.983.074
Libramont-Chevigny · Eq €167k
Of 82,218 companies in sector 70200 we hold annual accounts for 52,393. 40,570 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-05-2019
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.