KDGM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €120k and a net result of €22k. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 28% of 5523 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
60 d late
2023
96 d late
2022
169 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€120k▲ 22.2%
2024 · €98k
2022: €78k
2023: €71k
2024: €98k
2022 → 2025
Net result
€22k▼ 21.1%
2024 · €28k
2022: €-4k
2023: €-8k
2024: €28k
2022 → 2025
Total assets
€448k▲ 19.3%
2024 · €375k
2022: €403k
2023: €371k
2024: €375k
2022 → 2025
Solvency
26.8%▲ 0.6pp
2024 · 26.1%
2022: 19.4%
2023: 19.0%
2024: 26.1%
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€78k-€71k▼ 9.7%€98k▲ 39.1%€120k▲ 22.2%
Operating result€-2k-€-4k▼ 113%€35k€30k▼ 13.1%
Net result€-4k-€-8k▼ 72.9%€28k€22k▼ 21.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €448k
Fixed assets
€370k=
Current assets
€78k▲ 1,402%
Equity and liabilities €448k
Equity
€120k▲ 22.2%
Debt
€328k▲ 18.3%
The debt ratio falls from 73.9% to 73.2%. Equity and debt are higher.
Key figures and ratios
Solvency
26.8%▲
2024 · 26.1%
ROE
18.1%▼
2024 · 28.1%
ROA
4.9%▼
2024 · 7.3%
Debt
€328k▲
2024 · €277k
Debt ≤ 1 year
€116k▲
2024 · €37k
Debt > 1 year
€211k▼
2024 · €240k
Income taxes
€6k▲
2024 · €4k
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€375k€448k▲
Fixed assets21/28€370k€370k=
Financial fixed assets28€370k€370k=
Current assets29/58€5k€78k▲
Amounts receivable within one year40/41-€72k
Trade receivables40-€72k
Cash at bank and in hand54/58€5k€6k▲
Equity and liabilities
Total equity and liabilities10/49€375k€448k▲
Equity10/15€98k€120k▲
Contributions10/11€83k€83k=
Profit (loss) carried forward14€16k€37k▲
Amounts payable17/49€277k€328k▲
Amounts payable after more than one year17€240k€211k▼
Financial debts170/4€240k€211k▼
Amounts payable within one year42/48€37k€116k▲
Current portion of amounts payable after more than one year42€28k€29k▲
Trade debts44€509€73k▲
Suppliers440/4€509€73k▲
Taxes, remuneration and social security45€4k€10k▲
Taxes450/3€4k€10k▲
Other amounts payable47/48€4k€4k=
Accrued charges and deferred income492/3-€89
Income statement
Code20242025
Other operating charges640/8-€433
Gross operating margin9900€35k€31k▼
Operating profit (loss)9901€35k€30k▼
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€32k€28k▼
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€28k€22k▼
Profit (loss) for the period to be appropriated9905€28k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€37k▲
Profit (loss) brought forward from the previous period14P€-12k€16k▲
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (11 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2025
31-12
Financial
Equity above €100kEq €120k ▲22.2%
2 profitable years in a row build equity to €120k.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €28k
Net result €28k after 2 loss-making years.
04-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 96 days late
16-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 169 days late
2023
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
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, Lobbes · 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.
Rue du Moulin 406542 LobbesGround area
4,922 m²
Building footprint
262 m²
Volume, LiDAR
1,878 m³
Parcel 56069B0326/00K000, Wallonia · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KDGM
since 20222.334.206.020
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56069B0326/00K000 | Wallonia | 4,922 m² | 1 · 262 m² | 10.3 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.
Similar companies · same sector, comparable size
DL Paints
BE 0802.959.070
Kontich · Eq €120k
TNT
BE 0466.754.397
Westerlo · Eq €120k
Bivakplaats.be
BE 0718.736.940
Bilzen-Hoeselt · Eq €120k
SATIMMO
BE 0452.754.923
Dendermonde · Eq €120k
BE CONCRETE
BE 0667.687.424
Oudsbergen · Eq €120k
Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 12,768 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-02-2022
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.