KDG
ActiveKDG has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €10k. Equity is growing by ~81.9% per year across the filed fiscal years. Its solvency ranks better than 34% of 7723 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+8
Solvency55▲+17
Growth78=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.55 against 0.31 in 2024; short-term debt: 57.2% of total assets), and 70.4% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← 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
29.6%
Return on assets
15.7%
Age of the figures
9 mo
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 02-06-2026, 59 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
59 d early
2024
29 d late
2023
30 d late
2022
31 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▲ 113%
2024 · €9k
2022: €5k
2023: €3k
2024: €9k
2022 → 2025
Total assets
€64k▼ 2.7%
2024 · €66k
2022: €76k
2023: €74k
2024: €66k
2022 → 2025
Net result
€10k▲ 77.6%
2024 · €6k
2022: €3k
2023: €-2k
2024: €6k
2022 → 2025
Working capital
€-16k▲ 31.3%
2024 · €-24k
2022: €-21k
2023: €-29k
2024: €-24k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€5k-€3k▼ 37.0%€9k▲ 177%€19k▲ 113%
Operating result€4k-€341▼ 92.1%€11k▲ 3,042%€16k▲ 48.1%
Net result€3k-€-2k€6k€10k▲ 77.6%
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 48% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets
€44k▼ 20.4%
Current assets
€20k▲ 88.3%
Equity and liabilities €64k
Equity
€19k▲ 113%
Debt
€45k▼ 20.8%
The debt ratio falls from 86.5% to 70.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34k▲
2024 · €27k
Cash flow
€28k▲
2024 · €22k
Solvency
29.6%▲
2024 · 13.5%
Current ratio
0.55▲
2024 · 0.31
Quick ratio
0.55▲
2024 · 0.31
Debt / equity
2.38▼
2024 · 6.42
ROE
53.1%▼
2024 · 63.9%
ROA
15.7%▲
2024 · 8.6%
Interest coverage
16.09▲
2024 · 11.36
Debt
€45k▼
2024 · €57k
Debt ≤ 1 year
€37k▲
2024 · €35k
Debt > 1 year
€8k▼
2024 · €22k
Income taxes
€4k▲
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€66k€64k▼
Fixed assets21/28€55k€44k▼
Tangible fixed assets22/27€55k€44k▼
Furniture and vehicles24€40k€31k▼
Other tangible fixed assets26€15k€13k▼
Current assets29/58€11k€20k▲
Amounts receivable within one year40/41€9k€19k▲
Trade receivables40€9k€6k▼
Other amounts receivable41-€13k
Deferred charges and accrued income490/1€2k€772▼
Equity and liabilities
Total equity and liabilities10/49€66k€64k▼
Equity10/15€9k€19k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€6k€16k▲
Amounts payable17/49€57k€45k▼
Amounts payable after more than one year17€22k€8k▼
Financial debts170/4€22k€8k▼
Amounts payable within one year42/48€35k€37k▲
Current portion of amounts payable after more than one year42€14k€14k▲
Financial debts43€7k€5k▼
Credit institutions430/8€4k€5k▲
Other loans439€2k€574▼
Trade debts44€1k€7k▲
Suppliers440/4€1k€7k▲
Taxes, remuneration and social security45€9k€11k▲
Taxes450/3€9k€11k▲
Remuneration and social security454/9€0-
Other amounts payable47/48€5k€0▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€18k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€29k€35k▲
Operating profit (loss)9901€11k€16k▲
Financial income75/76B-€191
Recurring financial income75-€191
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€8k€14k▲
Income taxes67/77€3k€4k▲
Profit (loss) for the period9904€6k€10k▲
Profit (loss) for the period to be appropriated9905€6k€10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€16k▲
Profit (loss) brought forward from the previous period14P€699€6k▲
The notes to these accounts (15 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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €10k ▲77.6%
Operating result €16k, net result €10k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-2k ▼173%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zele · 1 establishment unit since 2022
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.
Hoekstraat 189240 ZeleGround area
1,801 m²
Building footprint
195 m²
Volume, LiDAR
969 m³
Parcel 42028A0173/00D000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KDG
since 20222.325.834.029
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028A0173/00D000 | Flanders | 1,801 m² | 1 · 195 m² | 9.2 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 11,221 companies in sector 82100 we hold annual accounts for 3,511. 2,231 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-12-2021
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.