KAPPA - CONSULT
ActiveKAPPA - CONSULT has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €121k and a net result of €9k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
94
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-1
Solvency100=
Growth63▼-2
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 40.83 against 10.83 in 2023; short-term debt: 2.4% and cash: 55.4% of total assets), and 5.1% 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.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-08-2025, 24 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d late
2023
78 d late
2022
31 d late
2021
11 d late
2020
31 d late
2019
118 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€124k▼ 8.8%
2023 · €136k
2018: €123k
2019: €119k
2020: €121k
2021: €113k
2022: €128k
2023: €136k
2018 → 2024
EBIT margin
8.9%▼ 0.2pp
2023 · 9.1%
2018: 10.2%
2019: 3.0%
2020: 13.7%
2021: 6.3%
2022: 9.6%
2023: 9.1%
2018 → 2024
Net result
€9k▼ 8.1%
2023 · €10k
2018: €4k
2019: €457
2020: €13k
2021: €4k
2022: €10k
2023: €10k
2018 → 2024
Working capital
€121k▲ 8.1%
2023 · €112k
2018: €75k
2019: €76k
2020: €92k
2021: €90k
2022: €105k
2023: €112k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€121k-€113k▼ 7.0%€128k▲ 13.7%€136k▲ 6.1%€124k▼ 8.8%
Equity€87k-€91k▲ 4.4%€102k▲ 11.4%€112k▲ 9.8%€121k▲ 8.2%
Operating result€17k-€7k▼ 57.1%€12k▲ 72.4%€12k▲ 1.2%€11k▼ 10.9%
Net result€13k-€4k▼ 70.6%€10k▲ 174%€10k▼ 4.3%€9k▼ 8.1%
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 2024; 2024 is 11% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €127k
Fixed assets
€3k▼ 51.6%
Current assets
€124k▲ 0.6%
Equity and liabilities €127k
Equity
€121k▲ 8.2%
Provisions
€3k▼ 5.4%
Debt
€3k▼ 78.5%
The debt ratio falls from 11.4% to 2.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€16k▼
2023 · €18k
Cash flow
€14k▼
2023 · €16k
Solvency
94.9%▲
2023 · 85.9%
Current ratio
40.83▲
2023 · 10.83
Quick ratio
40.83▲
2023 · 10.83
Debt / equity
0.03▼
2023 · 0.13
ROE
7.6%▼
2023 · 8.9%
ROA
7.2%▼
2023 · 7.7%
Interest coverage
47.62▲
2023 · 41.81
Debt
€3k▼
2023 · €15k
Debt ≤ 1 year
€3k▼
2023 · €11k
Income taxes
€3k▲
2023 · €3k
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€130k€127k▼
Fixed assets21/28€6k€3k▼
Tangible fixed assets22/27€6k€3k▼
Plant, machinery and equipment23€6k€3k▼
Furniture and vehicles24€126-
Current assets29/58€123k€124k▲
Amounts receivable after more than one year29€34k€33k▼
Other amounts receivable291€34k€33k▼
Amounts receivable within one year40/41€19k€16k▼
Trade receivables40€16k€16k▼
Other amounts receivable41€2k€328▼
Cash at bank and in hand54/58€70k€70k▲
Deferred charges and accrued income490/1€588€5k▲
Equity and liabilities
Total equity and liabilities10/49€130k€127k▼
Equity10/15€112k€121k▲
Reserves13€97k€97k=
Distributable reserves133€97k€97k=
Profit (loss) carried forward14€14k€23k▲
Provisions and deferred taxes16€3k€3k▼
Provisions for liabilities and charges160/5€3k€3k▼
Taxes161€3k€3k▼
Amounts payable17/49€15k€3k▼
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€11k€3k▼
Current portion of amounts payable after more than one year42-€227
Trade debts44€6k€1k▼
Suppliers440/4€6k€1k▼
Taxes, remuneration and social security45€6k€1k▼
Taxes450/3€6k€1k▼
Accrued charges and deferred income492/3-€130
Income statement
Code20232024
Turnover70€136k€124k▼
Goods, raw materials, services and sundry goods60/61€116k€106k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€5k▼
Other operating charges640/8€880€860▼
Non-recurring operating charges66A-€350
Gross operating margin9900€19k€17k▼
Operating profit (loss)9901€12k€11k▼
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€439€341▼
Recurring financial charges65€439€341▼
Profit (loss) for the period before taxes9903€13k€12k▼
Income taxes67/77€3k€3k▲
Profit (loss) for the period9904€10k€9k▼
Profit (loss) for the period to be appropriated9905€10k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€23k▲
Profit (loss) brought forward from the previous period14P€4k€14k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 24 days late
2024
31-12
Financial
Liquidity quadruplescurrent ratio 40.83
Current ratio from 10.83 to 40.83; short-term debt falls from €11k to €3k.
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 78 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Equity above €100kEq €102k ▲11.4%
5 profitable years in a row build equity to €102k.
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Highest result since 2018net €13k ▲2732%
Operating result €17k, net result €13k, both a record.
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 118 days late
2019
31-12
Financial
Weakest financial yearnet €457 ▼87.1%
Net result drops to €457, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
2016
15-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 46 days late
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, Antwerpen · 1 establishment unit since 1989
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.
Unitaslaan 272100 AntwerpenGround area
204 m²
Building footprint
93 m²
Volume, LiDAR
552 m³
Parcel 11346B0587/00H000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KAPPA-CONSULT
since 19892.043.665.878
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11346B0587/00H000 | Flanders | 204 m² | 1 · 93 m² | 9.1 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 848 EUR awarded · 848 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 131 EUR | 131 EUR |
| 2024 | 1 | 324 EUR | 324 EUR |
| 2023 | 1 | 63 EUR | 168 EUR |
| 2022 | 1 | 330 EUR | 225 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
69940005Q405YODCO746
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FIDUCIAIRE F. FAWE & CIE
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SE-JA
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Houthalen-Helchteren · Eq €121k
Of 12,175 companies in sector 69201 we hold annual accounts for 7,638. 6,524 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-05-1989
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
69202Legal and accounting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 34 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.