KASHMIR
ActiveKASHMIR has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33k and a net result of €13k. Equity is growing by ~25.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 18281 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
92
/ 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=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 5.35 against 4.0 in 2024; short-term debt: 17.4% and cash: 72.2% of total assets), and 22.3% 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
77.7%
Return on assets
32.1%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-02-2026, 5 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 · 9 filingsDeviation from the deadline
2025
5 d late
2024
152 d late
2023
111 d late
2022
56 d early
2021
17 d late
2020
24 d late
2019
24 d late
← 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 close23-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€33k▲ 70.3%
2024 · €19k
2019: €8k
2020: €8k
2021: €8k
2022: €11k
2023: €13k
2024: €19k
2019 → 2025
Total assets
€42k▲ 71.0%
2024 · €25k
2019: €29k
2020: €24k
2021: €26k
2022: €17k
2023: €25k
2024: €25k
2019 → 2025
Net result
€13k▲ 105%
2024 · €7k
2019: €14k
2020: €958
2021: €-546
2022: €3k
2023: €1k
2024: €7k
2019 → 2025
Working capital
€32k▲ 96.1%
2024 · €16k
2019: €4k
2020: €2k
2021: €2k
2022: €8k
2023: €10k
2024: €16k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€8k-€11k▲ 43.6%€13k▲ 10.3%€19k▲ 52.3%€33k▲ 70.3%
Operating result€-19k-€4k€1k▼ 63.4%€7k▲ 397%€15k▲ 130%
Net result€-546-€3k€1k▼ 66.0%€7k▲ 460%€13k▲ 105%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 130% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets
€3k=
Current assets
€39k▲ 80.9%
Equity and liabilities €42k
Equity
€33k▲ 70.3%
Debt
€9k▲ 73.5%
The debt ratio rises from 22.0% to 22.3%. Equity and debt are higher.
Key figures and ratios
Solvency
77.7%▼
2024 · 78.0%
Current ratio
5.35▲
2024 · 4.00
Quick ratio
4.16▲
2024 · 1.98
Debt / equity
0.29▲
2024 · 0.28
ROE
41.3%▲
2024 · 34.3%
ROA
32.1%▲
2024 · 26.8%
Debt
€9k▲
2024 · €5k
Debt ≤ 1 year
€7k▲
2024 · €5k
Income taxes
€2k
Staff costs
€41k▲
2024 · €33k
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€25k€42k▲
Fixed assets21/28€3k€3k=
Financial fixed assets28€3k€3k=
Current assets29/58€22k€39k▲
Stocks and contracts in progress3€11k€9k▼
Stocks30/36€11k€9k▼
Amounts receivable within one year40/41€0-
Other amounts receivable41€0-
Cash at bank and in hand54/58€10k€30k▲
Deferred charges and accrued income490/1€316€0▼
Equity and liabilities
Total equity and liabilities10/49€25k€42k▲
Equity10/15€19k€33k▲
Contributions10/11€19k€19k=
Reserves13€876€14k▲
Non-distributable reserves130/1€876€876=
Reserves not available under the articles1311€876€876=
Distributable reserves133-€13k
Profit (loss) carried forward14€-301€0▲
Amounts payable17/49€5k€9k▲
Amounts payable within one year42/48€5k€7k▲
Trade debts44€476€341▼
Suppliers440/4€476€341▼
Taxes, remuneration and social security45€5k€6k▲
Taxes450/3€206€1k▲
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48-€779
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Remuneration, social security and pensions62€33k€41k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€42k€59k▲
Operating profit (loss)9901€7k€15k▲
Financial charges65/66B€139€153▲
Recurring financial charges65€139€153▲
Profit (loss) for the period before taxes9903€7k€15k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€7k€13k▲
Profit (loss) for the period to be appropriated9905€7k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-301€13k▲
Profit (loss) brought forward from the previous period14P€-7k€-301▲
Transfer to equity691/2-€13k
To other reserves6921-€13k
The notes to these accounts (3 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
05-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 5 days late
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 152 days late
2024
30-06
Financial
Liquidity doublescurrent ratio 4.00
Current ratio from 1.78 to 4.00; short-term debt falls from €12k to €5k.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 111 days late
2022
06-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-06
Financial
Liquidity doublescurrent ratio 2.44
Current ratio from 1.10 to 2.44; short-term debt falls from €18k to €6k.
17-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
30-06
Financial
Weakest financial yearnet €-546 ▼157%
Net result drops to €-546, the lowest in the series; recovery starts the following year.
24-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
24-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
25-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 25 days late
2018
14-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Stekene · 1 establishment unit since 2014
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.
Stationsstraat(KEM) 369190 StekeneGround area
107 m²
Parcel 46011A0623/00K000, Flanders. Linked by address, not a title deed.
1 establishment unit
/
since 20142.227.194.927
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46011A0623/00K000 | Flanders | 107 m² | - | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteStekene2.227.194.927
Similar companies · same sector, comparable size
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PAULUSSEN - JANSSENS
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FERME DU HAUT-BUISSON
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Of 3,827 companies in sector 47210 we hold annual accounts for 966. 769 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded26-11-2013
Fiscal year end30-06
Activities, NACEBEL
47210Retail sale of fruit and vegetables
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.