KBB
ActiveSummary
KBB has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €283k and a net result of €170k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 72% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.99 against 3.81 in 2024; short-term debt: 23.4% and cash: 46.3% of total assets), and 23.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
76.6%
Return on assets
46.2%
Age of the figures
9 mo
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 · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €283k
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
28 d early
2023
23 d early
2022
30 d late
2021
29 d early
2020
201 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€283k▲ 152%
2024 · €112k
2018: €-8k
2019: €-3k▲ +59.1% vs 2018
2020: €-11k▼ -226% vs 2019lowest in 8 years
2021: €18k▲ +269% vs 2020
2022: €50k▲ +176% vs 2021
2023: €52k▲ +4.3% vs 2022
2024: €112k▲ +116% vs 2023
2025: €283k▲ +152% vs 2024highest in 8 years
2018 → 2025
Total assets
€369k▲ 147%
2024 · €149k
2018: €62k
2019: €78k▲ +26.8% vs 2018
2020: €41k▼ -47.4% vs 2019lowest in 8 years
2021: €83k▲ +102% vs 2020
2022: €146k▲ +76.9% vs 2021
2023: €241k▲ +64.4% vs 2022
2024: €149k▼ -37.9% vs 2023
2025: €369k▲ +147% vs 2024highest in 8 years
2018 → 2025
Net result
€170k▲ 139%
2024 · €71k
2018: €13k
2019: €5k▼ -62.0% vs 2018
2020: €-7k▼ -256% vs 2019lowest in 8 years
2021: €40k▲ +635% vs 2020
2022: €32k▼ -19.9% vs 2021
2023: €2k▼ -93.3% vs 2022
2024: €71k▲ +3235% vs 2023
2025: €170k▲ +139% vs 2024highest in 8 years
2018 → 2025
Working capital
€258k▲ 148%
2024 · €104k
2018: €-17k
2019: €-10k▲ +40.1% vs 2018
2020: €-23k▼ -128% vs 2019
2021: €-35k▼ -53.6% vs 2020lowest in 8 years
2022: €5k▲ +114% vs 2021
2023: €40k▲ +687% vs 2022
2024: €104k▲ +158% vs 2023
2025: €258k▲ +148% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€50k▲ 176%€52k▲ 4.3%€112k▲ 116%€283k▲ 152%
2021: €18klowest in 5 years
2022: €50k▲ +176% vs 2021
2023: €52k▲ +4.3% vs 2022
2024: €112k▲ +116% vs 2023
2025: €283k▲ +152% vs 2024highest in 5 years
Operating result€53k-€53k▲ 1.2%€3k▼ 94.2%€104k▲ 3,255%€252k▲ 141%
2021: €53k
2022: €53k▲ +1.2% vs 2021
2023: €3k▼ -94.2% vs 2022lowest in 5 years
2024: €104k▲ +3255% vs 2023
2025: €252k▲ +141% vs 2024highest in 5 years
Net result€40k-€32k▼ 19.9%€2k▼ 93.3%€71k▲ 3,235%€170k▲ 139%
2021: €40k
2022: €32k▼ -19.9% vs 2021
2023: €2k▼ -93.3% vs 2022lowest in 5 years
2024: €71k▲ +3235% vs 2023
2025: €170k▲ +139% vs 2024highest in 5 years
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 141% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €369k
Fixed assets
€25k ▲ 193%
Current assets
€344k ▲ 144%
Equity and liabilities €369k
Equity
€283k ▲ 152%
Debt
€86k ▲ 133%
Debt's share of the balance-sheet total falls from 24.7% to 23.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€255k▲
2024 · €108k
Cash flow
€174k▲
2024 · €75k
Current ratio
3.99▲
2024 · 3.81
Quick ratio
3.06▲
2024 · 1.64
Debt to equity
0.30▼
2024 · 0.33
ROE
60.2%▼
2024 · 63.4%
ROA
46.2%▼
2024 · 47.7%
Interest coverage
1265.80▲
2024 · 39.84
Debt ≤ 1 year
€86k▲
2024 · €37k
Income taxes
€84k▲
2024 · €30k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€149k€369k▲
Fixed assets21/28€9k€25k▲
Tangible fixed assets22/27€9k€25k▲
Land and buildings22€3k€2k▼
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€4k€19k▲
Financial fixed assets28€62€62=
Current assets29/58€141k€344k▲
Stocks and contracts in progress3€80k€80k=
Stocks30/36€80k€80k=
Amounts receivable within one year40/41€1k€91k▲
Trade receivables40-€851
Other amounts receivable41€1k€91k▲
Cash at bank and in hand54/58€59k€171k▲
Deferred charges and accrued income490/1€902€1k▲
Equity and liabilities
Total equity and liabilities10/49€149k€369k▲
Equity10/15€112k€283k▲
Contributions10/11€12k€12k=
Reserves13€100k€271k▲
Distributable reserves133€100k€271k▲
Amounts payable17/49€37k€86k▲
Amounts payable within one year42/48€37k€86k▲
Trade debts44€219€11▼
Suppliers440/4€219€11▼
Taxes, remuneration and social security45€4k€85k▲
Taxes450/3€4k€85k▲
Other amounts payable47/48€33k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€67k€248▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€755€486▼
Gross operating margin9900€108k€256k▲
Operating profit (loss)9901€104k€252k▲
Financial income75/76B€0€3k▲
Recurring financial income75€0€3k▲
Financial charges65/66B€3k€202▼
Recurring financial charges65€3k€202▼
Profit (loss) for the period before taxes9903€102k€254k▲
Income taxes67/77€30k€84k▲
Profit (loss) for the period9904€71k€170k▲
Profit (loss) for the period to be appropriated9905€71k€170k▲
Appropriation of the result
Profit (loss) to be appropriated9906€71k€170k▲
Transfer to equity691/2€60k€170k▲
To other reserves6921€60k€170k▲
Profit to be distributed694/7€11k-
Directors or managers695€11k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3k | €67k | €248 | ▼ 99.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €10k | €2k | €3k | €4k | ▲ 9.2% |
| Other operating charges640/8 | €3k | €3k | €9k | €755 | €486 | ▼ 35.7% |
| Gross operating margin9900 | €57k | €66k | €14k | €108k | €256k | ▲ 136% |
| Operating profit (loss)9901 | €53k | €53k | €3k | €104k | €252k | ▲ 141% |
| Financial income75/76B | - | €1 | €63 | €0 | €3k | ▲ 26,309,600% |
| Recurring financial income75 | - | €1 | €63 | €0 | €3k | ▲ 26,309,600% |
| Financial charges65/66B | €27 | €227 | €1k | €3k | €202 | ▼ 92.5% |
| Recurring financial charges65 | €27 | €227 | €1k | €3k | €202 | ▼ 92.5% |
| Profit (loss) for the period before taxes9903 | €53k | €53k | €2k | €102k | €254k | ▲ 150% |
| Income taxes67/77 | €13k | €21k | €-455 | €30k | €84k | ▲ 176% |
| Profit (loss) for the period9904 | €40k | €32k | €2k | €71k | €170k | ▲ 139% |
| Profit (loss) for the period to be appropriated9905 | €40k | €32k | €2k | €71k | €170k | ▲ 139% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €83k | €146k | €241k | €149k | €369k | ▲ 147% |
| Fixed assets21/28 | €54k | €45k | €12k | €9k | €25k | ▲ 193% |
| Tangible fixed assets22/27 | €47k | €39k | €12k | €9k | €25k | ▲ 194% |
| Land and buildings22 | - | - | €3k | €3k | €2k | ▼ 21.6% |
| Plant, machinery and equipment23 | €4k | €3k | €3k | €2k | €4k | ▲ 77.2% |
| Furniture and vehicles24 | €44k | €36k | €6k | €4k | €19k | ▲ 426% |
| Financial fixed assets28 | €6k | €6k | €62 | €62 | €62 | = |
| Current assets29/58 | €29k | €101k | €229k | €141k | €344k | ▲ 144% |
| Stocks and contracts in progress3 | - | - | €210k | €80k | €80k | = |
| Stocks30/36 | - | - | €210k | €80k | €80k | = |
| Amounts receivable within one year40/41 | €10k | €65k | €15k | €1k | €91k | ▲ 6,962% |
| Trade receivables40 | €10k | €65k | €15k | - | €851 | - |
| Other amounts receivable41 | - | - | €199 | €1k | €91k | ▲ 6,896% |
| Cash at bank and in hand54/58 | €19k | €37k | €2k | €59k | €171k | ▲ 192% |
| Deferred charges and accrued income490/1 | €120 | - | €1k | €902 | €1k | ▲ 55.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €83k | €146k | €241k | €149k | €369k | ▲ 147% |
| Equity10/15 | €18k | €50k | €52k | €112k | €283k | ▲ 152% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €6k | €38k | €40k | €100k | €271k | ▲ 170% |
| Distributable reserves133 | €6k | €38k | €40k | €100k | €271k | ▲ 170% |
| Amounts payable17/49 | €65k | €96k | €188k | €37k | €86k | ▲ 133% |
| Amounts payable within one year42/48 | €65k | €96k | €188k | €37k | €86k | ▲ 133% |
| Trade debts44 | €4k | €504 | €62k | €219 | €11 | ▼ 95.0% |
| Suppliers440/4 | €4k | €504 | €62k | €219 | €11 | ▼ 95.0% |
| Advances received on contracts in progress46 | - | - | €40k | - | - | - |
| Taxes, remuneration and social security45 | €19k | €36k | €39k | €4k | €85k | ▲ 2,307% |
| Taxes450/3 | €19k | €34k | €38k | €4k | €85k | ▲ 2,307% |
| Remuneration and social security454/9 | €420 | €2k | €2k | - | - | - |
| Other amounts payable47/48 | €41k | €59k | €47k | €33k | €1k | ▼ 96.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40k | €32k | €2k | €71k | €170k | ▲ 139% |
| + Depreciation and write-downs630 | €2k | €10k | €2k | €3k | €4k | ▲ 9.2% |
| Operating cash flow (approximation) | €42k | €42k | €4k | €75k | €174k | ▲ 133% |
| Investment in fixed assets (approximation) | - | €-1k | €31k | €0 | €-20k | - |
| Change in cash | - | €18k | €-35k | €57k | €112k | ▲ 98.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €170k ▲139%
Operating result €252k, net result €170k, both a record.
31-12
Financial
Equity above €200kEq €283k ▲152%
5 profitable years in a row build equity to €283k.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 3.81
Current ratio from 1.21 to 3.81; short-term debt falls from €188k to €37k.
31-12
Financial
Equity above €100kEq €112k ▲116%
4 profitable years in a row build equity to €112k.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 1.05
Current ratio from 0.45 to 1.05.
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
17-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 201 days late
2021
31-12
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
Show earlier events
2020
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
02-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Turnhout · 1 establishment unit since 2015
Ground area
903 m²
Building footprint
104 m²
Volume, LiDAR
638 m³
Parcel 13452N1125/00F000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
KBB
since 20152.240.986.842
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13452N1125/00F000 | Flanders | 903 m² | 1 · 103 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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 5,699 companies in sector 70100 we hold annual accounts for 3,495. 2,326 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-03-2015
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.