KEA
ActiveKEA has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €223k and a net result of €17k. Equity is growing by ~13.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▼-29
Solvency100▲+11
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 11.42 against 3.18 in 2024; short-term debt: 6.8% and cash: 7.2% of total assets), and 17.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
82.5%
Return on assets
6.4%
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
28 d early
2022
31 d early
2021
24 d early
2020
15 d early
2019
61 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
€223k▲ 8.4%
2024 · €206k
2018: €82k
2019: €104k
2020: €85k
2021: €136k
2022: €184k
2023: €228k
2024: €206k
2018 → 2025
Total assets
€270k▼ 15.5%
2024 · €320k
2018: €129k
2019: €153k
2020: €129k
2021: €153k
2022: €197k
2023: €272k
2024: €320k
2018 → 2025
Net result
€17k▼ 65.1%
2024 · €50k
2018: €21k
2019: €22k
2020: €-19k
2021: €51k
2022: €48k
2023: €44k
2024: €50k
2018 → 2025
Working capital
€190k▲ 6.8%
2024 · €178k
2018: €55k
2019: €78k
2020: €66k
2021: €124k
2022: €173k
2023: €202k
2024: €178k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€136k-€184k▲ 35.6%€228k▲ 23.7%€206k▼ 9.7%€223k▲ 8.4%
Operating result€72k-€68k▼ 5.6%€62k▼ 8.6%€72k▲ 16.8%€36k▼ 49.9%
Net result€51k-€48k▼ 4.8%€44k▼ 9.7%€50k▲ 13.6%€17k▼ 65.1%
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 50% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €270k
Fixed assets
€62k▲ 2.6%
Current assets
€209k▼ 19.7%
Equity and liabilities €270k
Equity
€223k▲ 8.4%
Debt
€47k▼ 58.6%
The debt ratio falls from 35.7% to 17.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€42k▼
2024 · €77k
Cash flow
€23k▼
2024 · €55k
Solvency
82.5%▲
2024 · 64.3%
Current ratio
11.42▲
2024 · 3.18
Quick ratio
11.42▲
2024 · 3.18
Debt / equity
0.21▼
2024 · 0.56
ROE
7.8%▼
2024 · 24.1%
ROA
6.4%▼
2024 · 15.5%
Interest coverage
3.92▼
2024 · 16.74
Debt
€47k▼
2024 · €114k
Debt ≤ 1 year
€18k▼
2024 · €82k
Debt > 1 year
€29k▼
2024 · €33k
Income taxes
€11k▼
2024 · €21k
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€320k€270k▼
Fixed assets21/28€60k€62k▲
Tangible fixed assets22/27€59k€61k▲
Land and buildings22€57k€57k▲
Furniture and vehicles24€3k€3k▲
Financial fixed assets28€940€940=
Current assets29/58€260k€209k▼
Amounts receivable after more than one year29€88k€88k=
Other amounts receivable291€88k€88k=
Amounts receivable within one year40/41€42k€56k▲
Trade receivables40€15k-
Other amounts receivable41€27k€56k▲
Current investments50/53€15k€30k▲
Cash at bank and in hand54/58€105k€20k▼
Deferred charges and accrued income490/1€10k€15k▲
Equity and liabilities
Total equity and liabilities10/49€320k€270k▼
Equity10/15€206k€223k▲
Contributions10/11€13k€13k=
Reserves13€193k€210k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€191k€209k▲
Profit (loss) carried forward14-€24
Amounts payable17/49€114k€47k▼
Amounts payable after more than one year17€33k€29k▼
Financial debts170/4€33k€29k▼
Amounts payable within one year42/48€82k€18k▼
Current portion of amounts payable after more than one year42€3k€4k▲
Trade debts44-€7k
Suppliers440/4-€7k
Taxes, remuneration and social security45€7k€7k▲
Taxes450/3€7k€7k▲
Other amounts payable47/48€72k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€6k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€79k€44k▼
Operating profit (loss)9901€72k€36k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€5k€11k▲
Recurring financial charges65€5k€11k▲
Profit (loss) for the period before taxes9903€70k€29k▼
Income taxes67/77€21k€11k▼
Profit (loss) for the period9904€50k€17k▼
Profit (loss) for the period to be appropriated9905€50k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€78k€17k▼
Profit (loss) brought forward from the previous period14P€29k-
Transfer from equity791/2€43k-
Transfer to equity691/2€50k€17k▼
To other reserves6921€50k€17k▼
Profit to be distributed694/7€72k-
Return on contributions (dividend)694€72k-
The notes to these accounts (9 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 11.42
Current ratio from 3.18 to 11.42; short-term debt falls from €82k to €18k.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €228k ▲23.7%
3 profitable years in a row build equity to €228k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €184k ▲35.6%
2 profitable years in a row build equity to €184k.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 14.25
Current ratio from 3.13 to 14.25; short-term debt falls from €31k to €9k.
31-12
Financial
Equity above €100kEq €136k ▲59.8%
Equity rises from €85k to €136k.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-19k ▼187%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Equity above €100kEq €104k ▲26.9%
2 profitable years in a row build equity to €104k.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Waterloo · 2 establishment units since 2012
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.
Avenue des Sorbiers 19A1410 WaterlooGround area
2,801 m²
Building footprint
640 m²
Volume, LiDAR
14,749 m³
2 parcels, Brussels, Wallonia · tallest building 31.3 m, ±9 floors. Linked by address, not a title deed.
2 establishment units
KEA
since 20122.214.794.763
KEA
since 20222.330.301.472
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0056/02L084 | Brussels | 2,331 m² | 1 · 532 m² | 31.3 m · 9 fl. |
| 25110A0151/00B000 | Wallonia | 470 m² | 1 · 109 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
6488SO9FVE12O9863W21
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-12-2012
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 13 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.