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KEEP IT WORKING

Active
Private limited companyfounded 200224 yrs activeElsboslaan 49, 9840 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0477.295.032

KEEP IT WORKING has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €102k and a net result of €48k. Equity is shrinking by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 18% of 31545 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
40 / 100
Weak▼ -11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency8▼-4
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days only on tighter terms
Liquidity short (current ratio 0.18 against 0.37 in 2024), and 88.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 24 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
11.7%
Return on assets
5.5%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 31545 sector peers (2025).
NBB · sector comparison
Position among 31545 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-02-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 d early
2024
20 d early
2023
20 d early
2022
13 d early
2021
1 d early
2020
58 d early
2019
37 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today30-09-2026 close30-04-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€102k▼ 38.4%
2024 · €166k
2018: €121k 2019: €117k 2020: €126k 2021: €102k 2022: €108k 2023: €81k 2024: €166k
2018 → 2025
Total assets
€871k▼ 3.6%
2024 · €903k
2018: €1.12M 2019: €1.08M 2020: €1.04M 2021: €973k 2022: €970k 2023: €967k 2024: €903k
2018 → 2025
Net result
€48k▼ 43.5%
2024 · €85k
2018: €24k 2019: €-4k 2020: €9k 2021: €-24k 2022: €5k 2023: €-27k 2024: €85k
2018 → 2025
Working capital
€-251k▼ 55.5%
2024 · €-161k
2018: €-83k 2019: €-91k 2020: €-78k 2021: €-129k 2022: €-117k 2023: €-121k 2024: €-161k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€102k-€108k▲ 5.4%€81k▼ 24.8%€166k▲ 105%€102k▼ 38.4%
Operating result€-15k-€14k€33k▲ 142%€125k▲ 280%€101k▼ 18.9%
Net result€-24k-€5k€-27k€85k€48k▼ 43.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-50k€0€50k€100k€150kOperating result 2021: €-15k€-15kNet result 2021: €-24k€-24kOperating result 2022: €14k€14kNet result 2022: €5k€5kOperating result 2023: €33k€33kNet result 2023: €-27k€-27kOperating result 2024: €125k€125kNet result 2024: €85k€85kOperating result 2025: €101k€101kNet result 2025: €48k€48k20212022202320242025
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €871k
Fixed assets €817k▲ 1.0%
Current assets €53k▼ 43.1%
Equity and liabilities €871k
Equity €102k▼ 38.4%
Debt €768k▲ 4.3%
The debt ratio rises from 81.6% to 88.3%: debt grows while equity shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
€129k
2024 · €151k
Cash flow
€76k
2024 · €111k
Solvency
11.7%
2024 · 18.4%
Current ratio
0.18
2024 · 0.37
Quick ratio
0.18
2024 · 0.37
Debt / equity
7.52
2024 · 4.44
ROE
46.9%
2024 · 51.1%
ROA
5.5%
2024 · 9.4%
Interest coverage
5.30
2024 · 4.66
Debt
€768k
2024 · €737k
Debt ≤ 1 year
€304k
2024 · €255k
Debt > 1 year
€453k
2024 · €482k
Income taxes
€29k
2024 · €8k
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€903k€871k
Fixed assets21/28€809k€817k
Tangible fixed assets22/27€809k€814k
Land and buildings22€780k€759k
Plant, machinery and equipment23€25k€34k
Furniture and vehicles24€4k€6k
Other tangible fixed assets26-€15k
Financial fixed assets28-€4k
Current assets29/58€94k€53k
Amounts receivable within one year40/41€38k€47k
Trade receivables40€36k€47k
Other amounts receivable41€2k€848
Cash at bank and in hand54/58€47k€3k
Deferred charges and accrued income490/1€8k€3k
Equity and liabilities
Total equity and liabilities10/49€903k€871k
Equity10/15€166k€102k
Contributions10/11€19k€1
Reserves13€147k€102k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€147k€102k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€737k€768k
Amounts payable after more than one year17€482k€453k
Financial debts170/4€482k€453k
Amounts payable within one year42/48€255k€304k
Current portion of amounts payable after more than one year42€29k€29k
Financial debts43-€7k
Credit institutions430/8-€7k
Trade debts44€1k€2k
Suppliers440/4€1k€2k
Taxes, remuneration and social security45€28k€11k
Taxes450/3€26k€11k
Remuneration and social security454/9€2k€0
Other amounts payable47/48€197k€255k
Accrued charges and deferred income492/3€0€12k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€28k
Other operating charges640/8€3k€4k
Gross operating margin9900€154k€133k
Operating profit (loss)9901€125k€101k
Financial income75/76B€49€55
Recurring financial income75€49€55
Financial charges65/66B€32k€24k
Recurring financial charges65€32k€24k
Profit (loss) for the period before taxes9903€93k€77k
Income taxes67/77€8k€29k
Profit (loss) for the period9904€85k€48k
Profit (loss) for the period to be appropriated9905€85k€48k
Appropriation of the result
Profit (loss) to be appropriated9906€45k€48k
Profit (loss) brought forward from the previous period14P€-40k€0
Transfer from equity791/2-€112k
Transfer to equity691/2€45k€48k
To other reserves6921€45k€48k
Profit to be distributed694/7-€112k
Return on contributions (dividend)694-€112k

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 30-04-2027
2026
26-02
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
10-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial Back to profitnet €85k
Net result €85k after one loss-making year.
30-09
Financial Equity above €150kEq €166k ▲105%
Equity rises from €81k to €166k.
10-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial Weakest financial yearnet €-27k ▼587%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
17-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial Back to profitnet €5k
Net result €5k after one loss-making year.
29-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
03-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
24-03
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
05-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
07-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Nazareth-De Pinte · 1 establishment unit since 2002
establishment The establishment unit on the map
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.

Elsboslaan 499840 Nazareth-De Pinte
Ground area
1,889 m²
Building footprint
257 m²
Volume, LiDAR
1,495 m³
2 parcels, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kunstschildersweg 2, 9840 Nazareth-De Pinte
NACE 7414201
since 20022.095.946.207
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44012C0101/00B000 Flanders 1,172 m² 1 · 139 m² 7.3 m · 2 fl.
44012B0455/00B003 Flanders 717 m² 1 · 118 m² 9.5 m · 2 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.

Similar companies · same sector, comparable size

Of 82,241 companies in sector 70200 we hold annual accounts for 52,391. 40,476 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded09-04-2002
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.