KAJEN
ActiveKAJEN has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €851k and a net result of €656k. Equity is shrinking by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 54% of 531 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
94
/ 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
Profitability100▲+17
Solvency73▲+1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 3.43 against 3.51 in 2024; short-term debt: 11.4% and cash: 36.4% of total assets), but 52.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
47.6%
Return on assets
36.7%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €851k
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 23-02-2026, 158 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
158 d early
2024
15 d early
2023
187 d early
2022
30 d late
2021
149 d late
2020
1 d late
2019
18 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€851k▲ 13.8%
2024 · €748k
2019: €1.28M
2020: €1.28M
2021: €903k
2022: €516k
2023: €566k
2024: €748k
2019 → 2025
Total assets
€1.79M▲ 12.8%
2024 · €1.59M
2019: €2.53M
2020: €2.54M
2021: €2.00M
2022: €1.51M
2023: €1.45M
2024: €1.59M
2019 → 2025
Net result
€656k▲ 261%
2024 · €182k
2019: €-320k
2020: €-4k
2021: €-373k
2022: €-388k
2023: €51k
2024: €182k
2019 → 2025
Working capital
€494k▲ 55.7%
2024 · €317k
2019: €552k
2020: €665k
2021: €368k
2022: €-16k
2023: €61k
2024: €317k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€903k-€516k▼ 42.9%€566k▲ 9.8%€748k▲ 32.2%€851k▲ 13.8%
Operating result€-357k-€-373k▼ 4.5%€78k€221k▲ 185%€740k▲ 234%
Net result€-373k-€-388k▼ 4.0%€51k€182k▲ 260%€656k▲ 261%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 234% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.79M
Fixed assets
€1.09M▼ 4.5%
Current assets
€698k▲ 57.2%
Equity and liabilities €1.79M
Equity
€851k▲ 13.8%
Debt
€937k▲ 11.9%
The debt ratio falls from 52.8% to 52.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€791k▲
2024 · €287k
Cash flow
€708k▲
2024 · €248k
Solvency
47.6%▲
2024 · 47.2%
Current ratio
3.43▼
2024 · 3.51
Quick ratio
3.43▼
2024 · 3.51
Debt / equity
1.10▼
2024 · 1.12
ROE
77.1%▲
2024 · 24.3%
ROA
36.7%▲
2024 · 11.5%
Interest coverage
20.17▲
2024 · 6.11
Debt
€937k▲
2024 · €837k
Debt ≤ 1 year
€204k▲
2024 · €127k
Debt > 1 year
€658k▼
2024 · €711k
Income taxes
€70k▲
2024 · €15k
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€1.59M€1.79M▲
Fixed assets21/28€1.14M€1.09M▼
Tangible fixed assets22/27€1.11M€1.06M▼
Land and buildings22€1.11M€1.06M▼
Plant, machinery and equipment23€2k€661▼
Furniture and vehicles24€3k€3k▼
Financial fixed assets28€31k€31k=
Current assets29/58€444k€698k▲
Amounts receivable within one year40/41€379k€41k▼
Trade receivables40€21k€14k▼
Other amounts receivable41€359k€27k▼
Cash at bank and in hand54/58€59k€651k▲
Deferred charges and accrued income490/1€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€1.59M€1.79M▲
Equity10/15€748k€851k▲
Contributions10/11€19k€19k=
Reserves13€729k€833k▲
Distributable reserves133€729k€833k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€837k€937k▲
Amounts payable after more than one year17€711k€658k▼
Financial debts170/4€711k€658k▼
Amounts payable within one year42/48€127k€204k▲
Current portion of amounts payable after more than one year42€55k€53k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€44k€7k▼
Suppliers440/4€44k€7k▼
Taxes, remuneration and social security45€8k€137k▲
Taxes450/3€8k€137k▲
Other amounts payable47/48€20k€7k▼
Accrued charges and deferred income492/3€0€75k▲
Income statement
Code20242025
Non-recurring operating income76A€84k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€65k€51k▼
Other operating charges640/8€85k€12k▼
Gross operating margin9900€371k€804k▲
Operating profit (loss)9901€221k€740k▲
Financial income75/76B€23k€26k▲
Recurring financial income75€23k€26k▲
Financial charges65/66B€47k€39k▼
Recurring financial charges65€47k€39k▼
Profit (loss) for the period before taxes9903€197k€726k▲
Income taxes67/77€15k€70k▲
Profit (loss) for the period9904€182k€656k▲
Profit (loss) for the period to be appropriated9905€182k€656k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€656k▲
Profit (loss) brought forward from the previous period14P€-121k€0▲
Transfer from equity791/2-€553k
Transfer to equity691/2€61k€656k▲
To other reserves6921€61k€656k▲
Profit to be distributed694/7-€553k
Return on contributions (dividend)694-€553k
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (18 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
23-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €656k ▲261%
Operating result €740k, net result €656k, both a record.
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity triplescurrent ratio 3.51
Current ratio from 1.28 to 3.51; short-term debt falls from €216k to €127k.
26-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €51k
Net result €51k after 4 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-388k
Net result drops to €-388k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 149 days late
2021
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
13-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
20-12
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
4 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, Lint · 2 establishment units since 2003
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.
Bouwenstraat 392547 LintGround area
3,959 m²
Building footprint
528 m²
Volume, LiDAR
3,286 m³
3 parcels, Flanders · tallest building 20.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Bouwenstraat 39B, 2547 Lint
since 20032.123.305.254
Biesaard 4, 2550 Kontich
since 20242.355.612.039
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11025D0386/00K000 | Flanders | 2,360 m² | 1 · 230 m² | 20.5 m · 2 fl. |
| 11025D0386/00G000 | Flanders | 1,054 m² | 1 · 166 m² | 8.7 m · 2 fl. |
| 11024B0163/00S005 | Flanders | 545 m² | 1 · 132 m² | 9.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 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
894500XRRCV8SNHWFL26
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Of 8,303 companies in sector 90201 we hold annual accounts for 601. 265 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-2000
Fiscal year end31-12
Activities, NACEBEL
90201Performing arts by independent artists
92313
90202Performing arts by artistic ensembles
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.