Kamiel Van Herzeele
ActiveThe computed 12-month bankruptcy probability of Kamiel Van Herzeele is 2.5% (moderate). The 2024 annual accounts show equity of €107k and a net result of €37k. Equity is growing by ~64% per year across the filed fiscal years. Its solvency ranks better than 58% of 5895 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability90▼-10
Solvency74▲+9
Growth78=
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 0.94 in 2023; short-term debt: 47.7% and cash: 14.9% of total assets), and 50.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
90 d late
2022
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€107k▲ 52.9%
2023 · €70k
2022: €18k
2023: €70k
2022 → 2024
Total assets
€217k▲ 24.4%
2023 · €174k
2022: €105k
2023: €174k
2022 → 2024
Net result
€37k▼ 29.5%
2023 · €53k
2022: €13k
2023: €53k
2022 → 2024
Working capital
€28k
2023 · €-5k
2022: €-8k
2023: €-5k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€18k-€70k▲ 300%€107k▲ 52.9%
Operating result€15k-€71k▲ 366%€53k▼ 25.4%
Net result€13k-€53k▲ 320%€37k▼ 29.5%
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 2024; 2024 is 25% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €217k
Fixed assets
€86k▼ 11.2%
Current assets
€131k▲ 68.6%
Equity and liabilities €217k
Equity
€107k▲ 52.9%
Debt
€110k▲ 5.2%
The debt ratio falls from 59.8% to 50.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€86k▼
2023 · €96k
Cash flow
€70k▼
2023 · €78k
Solvency
49.5%▲
2023 · 40.2%
Current ratio
1.27▲
2023 · 0.94
Quick ratio
1.27▲
2023 · 0.94
Debt / equity
1.02▼
2023 · 1.48
ROE
34.6%▼
2023 · 75.0%
ROA
17.1%▼
2023 · 30.2%
Interest coverage
22.05▼
2023 · 75.20
Debt
€110k▲
2023 · €104k
Debt ≤ 1 year
€103k▲
2023 · €83k
Debt > 1 year
€6k▼
2023 · €21k
Income taxes
€12k▼
2023 · €17k
Staff costs
€48k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€174k€217k▲
Fixed assets21/28€96k€86k▼
Intangible fixed assets21€3k€2k▼
Tangible fixed assets22/27€94k€84k▼
Plant, machinery and equipment23€23k€18k▼
Furniture and vehicles24€34k€42k▲
Leasing and similar rights25€37k€24k▼
Current assets29/58€78k€131k▲
Amounts receivable within one year40/41€17k€98k▲
Trade receivables40€4k€78k▲
Other amounts receivable41€13k€21k▲
Cash at bank and in hand54/58€59k€32k▼
Deferred charges and accrued income490/1€2k€474▼
Equity and liabilities
Total equity and liabilities10/49€174k€217k▲
Equity10/15€70k€107k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€65k€102k▲
Amounts payable17/49€104k€110k▲
Amounts payable after more than one year17€21k€6k▼
Financial debts170/4€21k€6k▼
Amounts payable within one year42/48€83k€103k▲
Current portion of amounts payable after more than one year42€15k€15k▲
Trade debts44€22k€28k▲
Suppliers440/4€22k€28k▲
Taxes, remuneration and social security45€21k€34k▲
Taxes450/3€17k€30k▲
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€25k€26k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€48k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€33k▲
Other operating charges640/8€363€497▲
Gross operating margin9900€96k€134k▲
Operating profit (loss)9901€71k€53k▼
Financial income75/76B€290€556▲
Recurring financial income75€290€556▲
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€70k€49k▼
Income taxes67/77€17k€12k▼
Profit (loss) for the period9904€53k€37k▼
Profit (loss) for the period to be appropriated9905€53k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€65k€102k▲
Profit (loss) brought forward from the previous period14P€13k€65k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Equity above €100kEq €107k ▲52.9%
3 profitable years in a row build equity to €107k.
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
31-12
Financial
Highest result since 2022net €53k ▲320%
Operating result €71k, net result €53k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Evergem · 1 establishment unit since 2022
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.
Volpenswege 109940 EvergemGround area
499 m²
Building footprint
187 m²
Volume, LiDAR
795 m³
Parcel 44066C0141/00C002, Flanders · tallest building 7.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kamiel Van Herzeele
since 20222.327.674.752
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44066C0141/00C002 | Flanders | 499 m² | 1 · 186 m² | 7.7 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.
Similar companies · same sector, comparable size
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ERNOUX
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Fosses-la-Ville · Eq €107k
DS-Tuinen
BE 0738.978.365
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OUTERIOR CONCEPT
BE 0640.771.805
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Hybrid Pools
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Of 21,218 companies in sector 81300 we hold annual accounts for 4,363. 3,612 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-01-2022
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
81300Landscape service activities
01309Crop and animal production, hunting and related service activities
42110Construction of roads and motorways
43120Site preparation
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.