KBW
ActiveKBW has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €417k and a net result of €45k. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 92% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-10
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 8.38 against 15.06 in 2024; short-term debt: 11.5% and cash: 90.5% of total assets), and 11.5% 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 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
88.5%
Return on assets
9.5%
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
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
31 d early
2023
1 d early
2022
31 d early
2021
32 d early
2020
31 d early
2019
7 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€417k▲ 2.6%
2024 · €407k
2018: €140k
2019: €174k
2020: €203k
2021: €256k
2022: €278k
2023: €356k
2024: €407k
2018 → 2025
Total assets
€472k▲ 8.5%
2024 · €434k
2018: €168k
2019: €194k
2020: €242k
2021: €289k
2022: €326k
2023: €411k
2024: €434k
2018 → 2025
Net result
€45k▼ 41.5%
2024 · €76k
2018: €17k
2019: €34k
2020: €84k
2021: €53k
2022: €67k
2023: €78k
2024: €76k
2018 → 2025
Working capital
€399k▲ 3.2%
2024 · €387k
2018: €127k
2019: €160k
2020: €189k
2021: €242k
2022: €246k
2023: €331k
2024: €387k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€256k-€278k▲ 8.6%€356k▲ 28.2%€407k▲ 14.3%€417k▲ 2.6%
Operating result€72k-€95k▲ 31.8%€114k▲ 20.0%€116k▲ 1.6%€61k▼ 47.0%
Net result€53k-€67k▲ 26.4%€78k▲ 16.7%€76k▼ 2.5%€45k▼ 41.5%
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 2025; 2025 is 47% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €472k
Fixed assets
€18k▼ 10.2%
Current assets
€453k▲ 9.4%
Equity and liabilities €472k
Equity
€417k▲ 2.6%
Debt
€54k▲ 96.7%
The debt ratio rises from 6.3% to 11.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€66k▼
2024 · €120k
Cash flow
€49k▼
2024 · €81k
Solvency
88.5%▼
2024 · 93.7%
Current ratio
8.38▼
2024 · 15.06
Quick ratio
8.38▼
2024 · 15.06
Debt / equity
0.13▲
2024 · 0.07
ROE
10.7%▼
2024 · 18.7%
ROA
9.5%▼
2024 · 17.6%
Interest coverage
21.78▼
2024 · 25.14
Debt
€54k▲
2024 · €28k
Debt ≤ 1 year
€54k▲
2024 · €28k
Income taxes
€19k▼
2024 · €37k
Staff costs
€1k▲
2024 · €0
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€434k€472k▲
Fixed assets21/28€20k€18k▼
Tangible fixed assets22/27€20k€18k▼
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€0-
Other tangible fixed assets26€17k€14k▼
Current assets29/58€414k€453k▲
Amounts receivable within one year40/41€25k€23k▼
Trade receivables40€8k€7k▼
Other amounts receivable41€17k€16k▼
Current investments50/53€350k€0▼
Cash at bank and in hand54/58€36k€427k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€434k€472k▲
Equity10/15€407k€417k▲
Contributions10/11€12k€12k=
Reserves13€395k€405k▲
Distributable reserves133€395k€405k▲
Profit (loss) carried forward14€124€124=
Amounts payable17/49€28k€54k▲
Amounts payable within one year42/48€28k€54k▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€894€3k▲
Suppliers440/4€894€3k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€1k€6k▲
Taxes450/3€1k€3k▲
Remuneration and social security454/9€0€3k▲
Other amounts payable47/48€25k€46k▲
Income statement
Code20242025
Remuneration, social security and pensions62€0€1k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€122k€69k▼
Operating profit (loss)9901€116k€61k▼
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€113k€63k▼
Income taxes67/77€37k€19k▼
Profit (loss) for the period9904€76k€45k▼
Profit (loss) for the period to be appropriated9905€76k€45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€76k€45k▼
Profit (loss) brought forward from the previous period14P€124€124=
Transfer from equity791/2€25k€34k▲
Transfer to equity691/2€76k€45k▼
To other reserves6921€76k€45k▼
Profit to be distributed694/7€25k€34k▲
Return on contributions (dividend)694€25k€34k▲
The notes to these accounts (7 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 15.06
Current ratio from 6.99 to 15.06; short-term debt falls from €55k to €28k.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €84k ▲146%
Operating result €117k, net result €84k, both a record.
31-12
Financial
Equity above €200kEq €203k ▲16.5%
3 profitable years in a row build equity to €203k.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity times 5current ratio 25.16
Current ratio from 5.50 to 25.16; short-term debt falls from €28k to €7k.
31-12
Financial
Equity above €150kEq €174k ▲24.4%
2 profitable years in a row build equity to €174k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Halen · 1 establishment unit since 2011
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.
Bloemendaalstraat 1063545 HalenGround area
1,565 m²
Building footprint
227 m²
Volume, LiDAR
787 m³
Parcel 71020C0191/00E000, Flanders · tallest building 5.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
KBW
since 20112.203.105.768
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71020C0191/00E000 | Flanders | 1,565 m² | 1 · 227 m² | 5.7 m · 1 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.
Similar companies · same sector, comparable size
JE GROUP
BE 0842.978.597
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BLOXI
BE 0795.732.471
Sint-Agatha-Berchem · Eq €421k
LAMANT M. ET FILS
BE 0836.018.353
Rumes · Eq €421k
SNOEKS DANNY
BE 0474.632.975
Beringen · Eq €422k
Aardig gedacht
BE 0501.827.817
Brugge · Eq €423k
Of 4,013 companies in sector 43310 we hold annual accounts for 1,745. 1,088 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-05-2011
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
43332Laying of wooden floor and wall coverings
Sources
Crossroads Bank for EnterprisesNational Bank · 14 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.
Contact details
1 entryE-mail:info@kbwbvba.be