KAPEX
ActiveKAPEX is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €459k and a net result of €10k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 81% of 5495 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
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 · 10 filingsDeviation from the deadline
2025
22 d early
2024
31 d early
2023
43 d early
2022
34 d early
2021
22 d early
2020
32 d early
2019
46 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€459k▲ 2.3%
2024 · €449k
2018: €379k
2019: €387k
2020: €397k
2021: €401k
2022: €411k
2023: €439k
2024: €449k
2018 → 2025
Net result
€10k▲ 0.7%
2024 · €10k
2018: €20k
2019: €8k
2020: €10k
2021: €4k
2022: €10k
2023: €28k
2024: €10k
2018 → 2025
Total assets
€533k▼ 0.5%
2024 · €536k
2018: €515k
2019: €499k
2020: €499k
2021: €506k
2022: €507k
2023: €527k
2024: €536k
2018 → 2025
Solvency
86.1%▲ 2.3pp
2024 · 83.8%
2018: 73.5%
2019: 77.6%
2020: 79.6%
2021: 79.4%
2022: 81.1%
2023: 83.2%
2024: 83.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€401k-€411k▲ 2.4%€439k▲ 6.7%€449k▲ 2.3%€459k▲ 2.3%
Operating result€9k-€6k▼ 37.1%€11k▲ 79.8%€5k▼ 52.9%€18k▲ 253%
Net result€4k-€10k▲ 122%€28k▲ 182%€10k▼ 63.3%€10k▲ 0.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 253% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €533k
Fixed assets
€489k▼ 0.4%
Current assets
€44k▼ 1.5%
Equity and liabilities €533k
Equity
€459k▲ 2.3%
Debt
€74k▼ 14.8%
The debt ratio falls from 16.2% to 13.9%: equity grows while debt is paid down.
Key figures and ratios
Solvency
86.1%▲
2024 · 83.8%
ROE
2.2%▼
2024 · 2.3%
ROA
1.9%▲
2024 · 1.9%
Debt
€74k▼
2024 · €87k
Debt ≤ 1 year
€39k▼
2024 · €40k
Debt > 1 year
€34k▼
2024 · €46k
Income taxes
€5k▲
2024 · €2k
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€536k€533k▼
Fixed assets21/28€491k€489k▼
Tangible fixed assets22/27€5k€3k▼
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€415€260▼
Financial fixed assets28€486k€486k=
Current assets29/58€45k€44k▼
Amounts receivable within one year40/41€1k€25k▲
Trade receivables40-€24k
Other amounts receivable41€1k€1k=
Cash at bank and in hand54/58€41k€17k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€536k€533k▼
Equity10/15€449k€459k▲
Contributions10/11€300k€300k=
Reserves13€149k€159k▲
Non-distributable reserves130/1€30k€30k=
Reserves not available under the articles1311€30k€30k=
Distributable reserves133€119k€129k▲
Amounts payable17/49€87k€74k▼
Amounts payable after more than one year17€46k€34k▼
Financial debts170/4€46k€34k▼
Amounts payable within one year42/48€40k€39k▼
Current portion of amounts payable after more than one year42€10k€12k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€9k€11k▲
Taxes450/3€9k€11k▲
Other amounts payable47/48€17k€14k▼
Accrued charges and deferred income492/3€1k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€601€619▲
Gross operating margin9900€8k€21k▲
Operating profit (loss)9901€5k€18k▲
Financial income75/76B€10k€128▼
Recurring financial income75€10k€128▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€12k€16k▲
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€10k€10k▲
Profit (loss) for the period to be appropriated9905€10k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€10k▲
Transfer to equity691/2€10k€10k▲
To other reserves6921€10k€10k▲
The notes to these accounts (14 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 · abbreviated schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €28k ▲182%
Net result €28k, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 1.19
Current ratio from 0.49 to 1.19; short-term debt falls from €33k to €32k.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €4k ▼56.6%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
05-07
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
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, Hasselt · 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.
Oude Luikerbaan 1063500 HasseltGround area
709 m²
Building footprint
127 m²
Volume, LiDAR
713 m³
Parcel 71328D0348/00E002, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KAPEX
since 20162.259.147.519
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71328D0348/00E002 | Flanders | 709 m² | 1 · 127 m² | 10.3 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,639 EUR awarded · 1,639 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 255 EUR | 255 EUR |
| 2024 | 1 | 1,384 EUR | 1,384 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,640 companies in sector 64210 we hold annual accounts for 19,693. 13,620 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2016
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:koen@ericbanden.be
Phone:+32 476 55 89 22