KEGA
ActiveKEGA has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €205k and a net result of €89k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 65% of 14009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▲+6
Solvency75▼-25
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 14.18 in 2024; short-term debt: 42% and cash: 17.7% of total assets), but 50.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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 dateAge against the risk zone
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
49.8%
Return on assets
21.8%
Age of the figures
9 mo
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 18-05-2026, 74 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
74 d early
2024
56 d early
2023
71 d early
2022
48 d early
2021
34 d early
2020
54 d early
2019
31 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
€205k▼ 25.6%
2024 · €275k
2018: €52k
2019: €59k
2020: €108k
2021: €172k
2022: €210k
2023: €225k
2024: €275k
2018 → 2025
Total assets
€411k▲ 39.4%
2024 · €295k
2018: €151k
2019: €121k
2020: €168k
2021: €223k
2022: €237k
2023: €278k
2024: €295k
2018 → 2025
Net result
€89k▲ 79.1%
2024 · €50k
2018: €52k
2019: €17k
2020: €65k
2021: €74k
2022: €38k
2023: €45k
2024: €50k
2018 → 2025
Working capital
€162k▼ 37.2%
2024 · €258k
2018: €8k
2019: €31k
2020: €78k
2021: €131k
2022: €194k
2023: €211k
2024: €258k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€172k-€210k▲ 22.3%€225k▲ 6.9%€275k▲ 22.2%€205k▼ 25.6%
Operating result€100k-€45k▼ 54.5%€63k▲ 38.1%€69k▲ 9.8%€123k▲ 78.6%
Net result€74k-€38k▼ 48.4%€45k▲ 16.1%€50k▲ 12.1%€89k▲ 79.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 79% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €411k
Fixed assets
€76k▲ 355%
Current assets
€335k▲ 20.4%
Equity and liabilities €411k
Equity
€205k▼ 25.6%
Debt
€206k▲ 931%
The debt ratio rises from 6.8% to 50.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€135k▲
2024 · €72k
Cash flow
€102k▲
2024 · €53k
Solvency
49.8%▼
2024 · 93.2%
Current ratio
1.94▼
2024 · 14.18
Quick ratio
1.94▼
2024 · 14.18
Debt / equity
1.01▲
2024 · 0.07
ROE
43.8%▲
2024 · 18.2%
ROA
21.8%▲
2024 · 17.0%
Interest coverage
44.13▼
2024 · 124.97
Debt
€206k▲
2024 · €20k
Debt ≤ 1 year
€173k▲
2024 · €20k
Debt > 1 year
€33k
Income taxes
€33k▲
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€295k€411k▲
Formation expenses20€0€0=
Fixed assets21/28€17k€76k▲
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€15k€75k▲
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€0€62k▲
Other tangible fixed assets26€9k€8k▼
Current assets29/58€278k€335k▲
Amounts receivable after more than one year29€3k-
Other amounts receivable291€3k-
Amounts receivable within one year40/41€28k€23k▼
Trade receivables40€12k€7k▼
Other amounts receivable41€16k€15k▼
Current investments50/53€164k€239k▲
Cash at bank and in hand54/58€83k€73k▼
Equity and liabilities
Total equity and liabilities10/49€295k€411k▲
Equity10/15€275k€205k▼
Contributions10/11€19k€19k=
Reserves13€256k€186k▼
Distributable reserves133€256k€186k▼
Amounts payable17/49€20k€206k▲
Amounts payable after more than one year17-€33k
Financial debts170/4-€33k
Amounts payable within one year42/48€20k€173k▲
Current portion of amounts payable after more than one year42-€10k
Financial debts43€3k€3k▼
Credit institutions430/8€3k€3k▼
Trade debts44€791€307▼
Suppliers440/4€791€307▼
Taxes, remuneration and social security45€15k€8k▼
Taxes450/3€14k€7k▼
Remuneration and social security454/9€2k€338▼
Other amounts payable47/48-€152k
Accrued charges and deferred income492/3€426€426=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€12k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€74k€136k▲
Operating profit (loss)9901€69k€123k▲
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€572€3k▲
Recurring financial charges65€572€3k▲
Profit (loss) for the period before taxes9903€71k€123k▲
Income taxes67/77€21k€33k▲
Profit (loss) for the period9904€50k€89k▲
Profit (loss) for the period to be appropriated9905€50k€89k▲
Appropriation of the result
Profit (loss) to be appropriated9906€50k€89k▲
Transfer from equity791/2-€160k
Transfer to equity691/2€50k€89k▲
To other reserves6921€50k€89k▲
Profit to be distributed694/7-€160k
Return on contributions (dividend)694-€160k
The notes to these accounts (14 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
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €89k ▲79.1%
Operating result €123k, net result €89k, both a record.
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 14.18
Current ratio from 5.01 to 14.18; short-term debt falls from €53k to €20k.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 8.51
Current ratio from 3.83 to 8.51; short-term debt falls from €46k to €26k.
31-12
Financial
Equity above €200kEq €210k ▲22.3%
5 profitable years in a row build equity to €210k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €150kEq €172k ▲58.5%
4 profitable years in a row build equity to €172k.
07-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100kEq €108k ▲84.8%
3 profitable years in a row build equity to €108k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €17k ▼68.4%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 2007
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.
Oudekerkstraat 382018 AntwerpenGround area
246 m²
Building footprint
139 m²
Volume, LiDAR
1,300 m³
Parcel 11810K1762/00H000, Flanders · tallest building 13.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KEGA
since 20072.162.183.745
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1762/00H000 | Flanders | 246 m² | 1 · 139 m² | 13.9 m · 3 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 11,749 companies in sector 68310 we hold annual accounts for 6,907. 5,176 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-2007
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
74201Photography, excluding press photography
74811
Sources
Crossroads Bank for EnterprisesNational Bank · 18 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.