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Keen-ELEK

Active
Private limited companyfounded 2019active for 7 yearsSingelstraat 76, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0735.616.128
Summary

The annual accounts of Keen-ELEK for financial year 2025 show a net loss of 54% of total assets. The 2025 annual accounts show equity of €1,738 and a net result of -€976. Equity is shrinking by about 32% per year across the filed financial years. The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Activity not known1 site
Size
€1,804total assets 2025
Equity
€1,738
Loss
-€976
Turnover not published (micro format)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
Accounts 42 days early0 of 2 deeds read
Why 55raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearSector: Specialised construction activities (NACE 43)Founded in 2019Liquidity: current ratio 16.07, cash €28lowers riskEquity €1,738 (96.4% of total assets)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 38% of its sector peers (NACE 43, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength
Average
Solvency 100
equity 96.4% of total assets
Liquidity 52
short-term debt 3.6% · cash 1.6%
Profitability 0
return on assets -54.1%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,562 companies, NACE 43, micro)
Last 24 months 11-2024: 1.8%highest value 12-2024: 1.8%● unchanged vs 11-2024 01-2025: 1.7%▼ -0.1 percentage points vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.8%▲ +0.1 percentage points vs 03-2025 05-2025: 1.8%● unchanged vs 04-2025 06-2025: 1.7%▼ -0.1 percentage points vs 05-2025 07-2025: 1.2%▼ -0.5 percentage points vs 06-2025 08-2025: 1.2%● unchanged vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.2%● unchanged vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.0%▼ -0.2 percentage points vs 12-2025lowest value 02-2026: 1.1%▲ +0.1 percentage points vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.1 percentage points vs 07-2026 09-2026: 1.4%▲ +0.1 percentage points vs 08-2026 10-2026: 1.1%▼ -0.3 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
balance sheet total too small for a liquidity verdict.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 90% on solvency, 47% on liquidity, 4% on profitability and 12% on growth.

The bankruptcy probability was computed on 16-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 16.07, cash €28
NBB · annual accounts
lowers risk · Equity €1,738 (96.4% of total assets)
NBB · annual accounts
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 19-06-2026, 42 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
42 days early
2024
42 days early
2023
8 days early
2022
on the day
2021
25 days late
2020
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 16 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 July (5 of the last 5 filed years within 35 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Liquidity more than 9 timescurrent ratio 16.07
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Positive: Filed on time since financial year 2022accounts within the deadline every year 4 years View
  • Total assets 20256 financial years filed €1,804 View
  • Active since 2019founded 03-10-2019 7 years View

By topic

Financials

Financial year
2025
Total assets
€1,804
Loss
-€976
Solvency
96.4%
Total assets▼ 65.9%
Net result
20202025
Go to Financials

Timeline

Events
8
Since
2021
Next accounts
by 31-07-2027
  1. 23-07-2024Annual accounts filed
  2. 31-07-2023Annual accounts filed
  3. 25-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
03-10-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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