KDENZA
ActiveKDENZA has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1k and a net result of €-3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 1165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-43
Solvency6▼-94
Growth32▼-20
Stability94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.69 against 3.22 in 2024), and 96.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
7 signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
3.1%
Return on assets
-6.4%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 1165 sector peers (2025).
NBB · sector comparisonPosition among 1165 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 · 4 filingsDeviation from the deadline
2025
20 d late
2024
27 d late
2023
13 d early
2022
29 d late
← 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
04-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1k▼ 96.4%
2024 · €34k
2022: €16k
2023: €31k
2024: €34k
2022 → 2025
Total assets
€39k▼ 0.4%
2024 · €39k
2022: €25k
2023: €46k
2024: €39k
2022 → 2025
Net result
€-3k
2024 · €3k
2022: €13k
2023: €15k
2024: €3k
2022 → 2025
Working capital
€-12k
2024 · €13k
2022: €14k
2023: €1k
2024: €13k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€16k-€31k▲ 96.4%€34k▲ 9.3%€1k▼ 96.4%
Operating result€17k-€19k▲ 16.6%€6k▼ 70.4%€-2k
Net result€13k-€15k▲ 14.7%€3k▼ 81.0%€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €6k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39k
Fixed assets
€13k▼ 38.0%
Current assets
€26k▲ 43.5%
Equity and liabilities €39k
Equity
€1k▼ 96.4%
Debt
€38k▲ 575%
The debt ratio rises from 14.3% to 96.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€6k▼
2024 · €14k
Cash flow
€6k▼
2024 · €11k
Solvency
3.1%▼
2024 · 85.7%
Current ratio
0.69▼
2024 · 3.22
Quick ratio
0.69▼
2024 · 3.22
Debt / equity
31.10▲
2024 · 0.17
ROE
-205.5%▼
2024 · 8.5%
ROA
-6.4%▼
2024 · 7.3%
Interest coverage
49.16▲
2024 · 7.15
Debt
€38k▲
2024 · €6k
Debt ≤ 1 year
€38k▲
2024 · €6k
Income taxes
€141▼
2024 · €1k
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
Balance sheet
Code2025
Total assets
20/58€39k
Fixed assets
21/28€13k
Tangible fixed assets
22/27€13k
Current assets
29/58€26k
Amounts receivable within one year
40/41€11k
Cash & bank
54/58€11k
Total equity & liabilities
10/49€39k
Equity
10/15€1k
Contributions / capital
10/11€3k
Accumulated profits (losses)
14€-1k
Amounts payable
17/49€38k
Amounts payable within one year
42/48€38k
Trade debts payable within one year
44€2k
Income statement
Code2025
Gross operating margin
9900€6k
Operating result
9901€-2k
Financial charges
65€118
Result before taxes
9903€-2k
Income taxes
67/77€141
Net result for the period
9904€-3k
Result to be appropriated
9905€-3k
This is the latest fiscal year. 3 prior years, with figures and ratios, belong to a paid plan.
See plans →
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
31-12
Financial
Weakest financial yearnet €-3k ▼187%
Net result drops to €-3k, the lowest in the series.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 3.22
Current ratio from 1.09 to 3.22; short-term debt falls from €15k to €6k.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2022net €15k ▲14.7%
Operating result €19k, net result €15k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Comparable companies · same sector, comparable size
Similar companies · same sector, comparable size
CID.Energy
BE 0546.644.488
Bastogne · Eq €1k
Storm 71
BE 0769.783.882
Antwerpen · Eq €1k
ROCATO
BE 0785.566.970
Antwerpen · Eq €1k
AMVS Consulting
BE 1027.447.358
Blégny · Eq €1k
TKF-Engineering
BE 0764.697.718
Heist-op-den-Berg · Eq €1k
Of 11,541 companies in sector 71121 we hold annual accounts for 6,331. 583 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-07-2022
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-07-2026. Scores and ratios are computed by Checked and are not a credit decision.