KAPPATECH
ActiveThe computed 12-month bankruptcy probability of KAPPATECH is 1.8% (moderate). The 2025 annual accounts show equity of €349k and a net result of €134k. Equity is growing by ~143.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 27711 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
78
/ 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▲+3
Solvency98▲+27
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.03 against 1.47 in 2024; short-term debt: 27.4% and cash: 9.8% of total assets), and 27.4% 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
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
72.6%
Return on assets
27.9%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
on the day
2022
on the day
2021
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€349k▲ 62.5%
2024 · €214k
2021: €10k
2022: €24k
2023: €110k
2024: €214k
2021 → 2025
Total assets
€480k▲ 2.8%
2024 · €467k
2021: €116k
2022: €138k
2023: €376k
2024: €467k
2021 → 2025
Net result
€134k▲ 27.9%
2024 · €105k
2021: €8k
2022: €14k
2023: €86k
2024: €105k
2021 → 2025
Working capital
€267k▲ 130%
2024 · €116k
2021: €-24k
2022: €-7k
2023: €49k
2024: €116k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€24k▲ 135%€110k▲ 364%€214k▲ 95.6%€349k▲ 62.5%
Operating result€9k-€19k▲ 105%€110k▲ 495%€139k▲ 26.2%€186k▲ 33.7%
Net result€8k-€14k▲ 68.2%€86k▲ 534%€105k▲ 21.9%€134k▲ 27.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 34% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €480k
Fixed assets
€81k▼ 22.1%
Current assets
€399k▲ 10.0%
Equity and liabilities €480k
Equity
€349k▲ 62.5%
Debt
€132k▼ 47.8%
The debt ratio falls from 54.1% to 27.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€217k▲
2024 · €162k
Cash flow
€165k▲
2024 · €128k
Solvency
72.6%▲
2024 · 45.9%
Current ratio
3.03▲
2024 · 1.47
Quick ratio
3.03▲
2024 · 1.47
Debt / equity
0.38▼
2024 · 1.18
ROE
38.5%▼
2024 · 48.9%
ROA
27.9%▲
2024 · 22.4%
Interest coverage
174.70▲
2024 · 83.17
Debt
€132k▼
2024 · €253k
Debt ≤ 1 year
€132k▼
2024 · €246k
Income taxes
€51k▲
2024 · €32k
Staff costs
€13k▲
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€467k€480k▲
Fixed assets21/28€104k€81k▼
Tangible fixed assets22/27€103k€80k▼
Plant, machinery and equipment23€8k€8k▲
Furniture and vehicles24€94k€71k▼
Financial fixed assets28€2k€2k=
Current assets29/58€363k€399k▲
Amounts receivable within one year40/41€336k€349k▲
Trade receivables40€319k€336k▲
Other amounts receivable41€16k€13k▼
Cash at bank and in hand54/58€25k€47k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€467k€480k▲
Equity10/15€214k€349k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€212k€347k▲
Amounts payable17/49€253k€132k▼
Amounts payable after more than one year17€6k-
Financial debts170/4€6k-
Amounts payable within one year42/48€246k€132k▼
Current portion of amounts payable after more than one year42€10k€6k▼
Trade debts44€197k€67k▼
Suppliers440/4€197k€67k▼
Taxes, remuneration and social security45€38k€55k▲
Taxes450/3€32k€51k▲
Remuneration and social security454/9€5k€4k▼
Other amounts payable47/48€1k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€3k€13k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€31k▲
Other operating charges640/8€5k€2k▼
Gross operating margin9900€171k€232k▲
Operating profit (loss)9901€139k€186k▲
Financial income75/76B€12€12▼
Recurring financial income75€12€12▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€137k€185k▲
Income taxes67/77€32k€51k▲
Profit (loss) for the period9904€105k€134k▲
Profit (loss) for the period to be appropriated9905€105k€134k▲
Appropriation of the result
Profit (loss) to be appropriated9906€212k€347k▲
Profit (loss) brought forward from the previous period14P€108k€212k▲
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
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2021net €134k ▲27.9%
Operating result €186k, net result €134k, both a record.
30-06
Financial
Liquidity doublescurrent ratio 3.03
Current ratio from 1.47 to 3.03; short-term debt falls from €246k to €132k.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Equity above €200kEq €214k ▲95.6%
4 profitable years in a row build equity to €214k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €100kEq €110k ▲364%
3 profitable years in a row build equity to €110k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · 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, Grimbergen · 1 establishment unit since 2019
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.
Baron Domislaan 101852 GrimbergenGround area
748 m²
Building footprint
112 m²
Volume, LiDAR
612 m³
Parcel 23005A0011/00K002, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KAPPATECH
since 20192.297.285.345
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23005A0011/00K002 | Flanders | 748 m² | 1 · 112 m² | 7.9 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.
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 7,292 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-12-2019
Fiscal year end30-06
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.