Kaia Sandelé
ActiveKaia Sandelé has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €6k. Equity is growing by ~33% per year across the filed fiscal years. Its solvency ranks better than 64% of 1986 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-20
Solvency90▼-3
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 3.59 against 5.74 in 2024; short-term debt: 20.6% and cash: 45.4% of total assets), and 34.8% 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 90
Relative position
BE, all sectors
reference
Sector 90
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
65.2%
Return on assets
8.5%
Age of the figures
9 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 09-07-2026, 22 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
22 d early
2024
85 d early
2023
152 d early
2022
83 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€45k=
2024 · €45k
2022: €15k
2023: €29k
2024: €45k
2022 → 2025
Total assets
€69k▲ 4.2%
2024 · €66k
2022: €27k
2023: €37k
2024: €66k
2022 → 2025
Net result
€6k▼ 63.1%
2024 · €16k
2022: €12k
2023: €14k
2024: €16k
2022 → 2025
Working capital
€37k▲ 3.4%
2024 · €36k
2022: €7k
2023: €22k
2024: €36k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€15k-€29k▲ 97.1%€45k▲ 54.4%€45k=
Operating result€17k-€21k▲ 19.7%€23k▲ 12.9%€9k▼ 62.0%
Net result€12k-€14k▲ 21.7%€16k▲ 10.4%€6k▼ 63.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 62% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €69k
Fixed assets
€18k▼ 22.4%
Current assets
€51k▲ 18.3%
Equity and liabilities €69k
Equity
€45k=
Debt
€24k▲ 13.1%
The debt ratio rises from 32.1% to 34.8%. Debt is higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €29k
Cash flow
€13k▼
2024 · €22k
Solvency
65.2%▼
2024 · 67.9%
Current ratio
3.59▼
2024 · 5.74
Quick ratio
3.59▼
2024 · 5.74
Debt / equity
0.53▲
2024 · 0.47
ROE
13.0%▼
2024 · 35.2%
ROA
8.5%▼
2024 · 23.9%
Interest coverage
24.67▼
2024 · 38.06
Debt
€24k▲
2024 · €21k
Debt ≤ 1 year
€14k▲
2024 · €8k
Debt > 1 year
€10k▼
2024 · €14k
Income taxes
€2k▼
2024 · €7k
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€66k€69k▲
Fixed assets21/28€23k€18k▼
Tangible fixed assets22/27€23k€18k▼
Furniture and vehicles24€23k€18k▼
Current assets29/58€43k€51k▲
Amounts receivable after more than one year29€1k-
Other amounts receivable291€1k-
Amounts receivable within one year40/41€9k€20k▲
Trade receivables40€5k€9k▲
Other amounts receivable41€4k€11k▲
Cash at bank and in hand54/58€33k€31k▼
Deferred charges and accrued income490/1-€55
Equity and liabilities
Total equity and liabilities10/49€66k€69k▲
Equity10/15€45k€45k=
Contributions10/11€3k€3k=
Reserves13€42k€42k=
Distributable reserves133€42k€42k=
Amounts payable17/49€21k€24k▲
Amounts payable after more than one year17€14k€10k▼
Financial debts170/4€14k€10k▼
Amounts payable within one year42/48€8k€14k▲
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€870-
Suppliers440/4€870-
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Other amounts payable47/48-€5k
Income statement
Code20242025
Non-recurring operating income76A€5k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€7k▲
Other operating charges640/8€2k€400▼
Gross operating margin9900€31k€17k▼
Operating profit (loss)9901€23k€9k▼
Financial income75/76B€45€55▲
Recurring financial income75€45€55▲
Financial charges65/66B€771€660▼
Recurring financial charges65€771€660▼
Profit (loss) for the period before taxes9903€23k€8k▼
Income taxes67/77€7k€2k▼
Profit (loss) for the period9904€16k€6k▼
Profit (loss) for the period to be appropriated9905€16k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€6k▼
Transfer to equity691/2€16k-
To other reserves6921€16k-
Profit to be distributed694/7-€6k
Return on contributions (dividend)694-€6k
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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €6k ▼63.1%
Net result drops to €6k, the lowest in the series.
07-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €16k ▲10.4%
Operating result €23k, net result €16k, both a record.
01-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 3.83
Current ratio from 1.55 to 3.83; short-term debt falls from €12k to €8k.
09-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zuienkerke · 1 establishment unit since 2021
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.
Nieuwe Steenweg 1168377 ZuienkerkeGround area
429 m²
Building footprint
108 m²
Volume, LiDAR
490 m³
Parcel 31042D0215/10_000, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kaia Sandelé
since 20212.325.273.409
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31042D0215/10_000 | Flanders | 429 m² | 1 · 108 m² | 8.3 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 288 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 288 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 6,653 companies in sector 90111 we hold annual accounts for 383. 307 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-12-2021
Fiscal year end31-12
Activities, NACEBEL
90031Arts creation and performing arts activities
90111Literary creation
82100Office administrative and support services
82190Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.