KDR BUILDING
ActiveKDR BUILDING has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €-9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 46% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability3▲+3
Solvency63▼-7
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 1.63 in 2023; short-term debt: 61.9% and cash: 57.9% of total assets), and 61.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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 2024Solvency, return and age of the figures
Solvency
38.1%
Return on assets
-12.7%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-9k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
1 d early
2022
22 d late
2021
19 d late
2020
25 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€26k▼ 25.1%
2023 · €35k
2018: €3k
2019: €544
2020: €37k
2021: €41k
2022: €49k
2023: €35k
2018 → 2024
Total assets
€69k▼ 12.3%
2023 · €79k
2018: €4k
2019: €24k
2020: €83k
2021: €82k
2022: €133k
2023: €79k
2018 → 2024
Net result
€-9k▲ 35.9%
2023 · €-14k
2018: €-1k
2019: €-3k
2020: €20k
2021: €3k
2022: €9k
2023: €-14k
2018 → 2024
Working capital
€20k▼ 28.4%
2023 · €28k
2018: €2k
2019: €-13k
2020: €29k
2021: €38k
2022: €47k
2023: €28k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€37k-€41k▲ 8.9%€49k▲ 21.0%€35k▼ 28.1%€26k▼ 25.1%
Operating result€29k-€7k▼ 75.2%€16k▲ 121%€-12k€-7k▲ 38.7%
Net result€20k-€3k▼ 83.4%€9k▲ 158%€-14k€-9k▲ 35.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7k in 2024 against €12k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €68k
Fixed assets
€5k▼ 15.9%
Current assets
€63k▼ 12.2%
Equity and liabilities €69k
Equity
€26k▼ 25.1%
Debt
€43k▼ 2.0%
The debt ratio rises from 55.5% to 61.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-3k▲
2023 · €-10k
Cash flow
€-5k▲
2023 · €-12k
Solvency
38.1%▼
2023 · 44.5%
Current ratio
1.46▼
2023 · 1.63
Quick ratio
1.46▼
2023 · 1.63
Debt / equity
1.63▲
2023 · 1.24
ROE
-33.5%▲
2023 · -39.1%
ROA
-12.7%▲
2023 · -17.4%
Interest coverage
-2.31▲
2023 · -5.84
Debt
€43k▼
2023 · €44k
Debt ≤ 1 year
€43k▼
2023 · €44k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€79k€69k▼
Formation expenses20€1k€1k=
Fixed assets21/28€6k€5k▼
Tangible fixed assets22/27€6k€5k▼
Plant, machinery and equipment23€6k€4k▼
Furniture and vehicles24-€2k
Current assets29/58€71k€63k▼
Amounts receivable within one year40/41€43k€18k▼
Trade receivables40€35k€16k▼
Other amounts receivable41€9k€2k▼
Cash at bank and in hand54/58€26k€40k▲
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€79k€69k▼
Equity10/15€35k€26k▼
Contributions10/11€23k€23k=
Reserves13€31k€31k=
Distributable reserves133€31k€31k=
Profit (loss) carried forward14€-19k€-28k▼
Amounts payable17/49€44k€43k▼
Amounts payable within one year42/48€44k€43k▼
Trade debts44€17k€13k▼
Suppliers440/4€17k€13k▼
Taxes, remuneration and social security45€2k€4k▲
Remuneration and social security454/9€2k€4k▲
Other amounts payable47/48€25k€26k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€-9k€-1k▲
Operating profit (loss)9901€-12k€-7k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-14k€-9k▲
Profit (loss) for the period9904€-14k€-9k▲
Profit (loss) for the period to be appropriated9905€-14k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-28k▼
Profit (loss) brought forward from the previous period14P€-5k€-19k▼
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
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-14k ▼262%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 1.64
Current ratio from 0.46 to 1.64.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Heist-op-den-Berg · 1 establishment unit since 2019
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.
Pluishoekstraat 72220 Heist-op-den-BergGround area
3,866 m²
Building footprint
245 m²
Volume, LiDAR
1,080 m³
Parcel 12322H0430/00D000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
KDR-BUILDING
since 20192.262.990.994
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322H0430/00D000 | Flanders | 3,866 m² | 1 · 245 m² | 6.4 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.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,187 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43211General electrical installation work
43230Insulation installation
43291Specialised construction activities
43320Joinery installation
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.