KELICO
ActiveSummary
KELICO has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €987k and a net result of €345k. Equity is growing by ~41.5% per year across the filed fiscal years. Its solvency ranks better than 92% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 14.37 against 5.58 in 2024; short-term debt: 6.7% and cash: 27.8% of total assets), and 6.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
93.3%
Return on assets
32.6%
Age of the figures
12 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 20-03-2026, 41 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
41 d early
2024
35 d early
2023
35 d early
2022
51 d early
2021
45 d early
2020
36 d early
2019
44 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€987k▲ 53.8%
2024 · €642k
Total assets
€1.06M▲ 37.4%
2024 · €770k
Net result
€345k▲ 88.5%
2024 · €183k
Working capital
€954k▲ 62.1%
2024 · €588k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€89k▼ 7.4%€187k▲ 110%€171k▼ 8.6%€224k▲ 30.8%€443k▲ 98.3%
Net result€73k▼ 5.4%€140k▲ 91.0%€140k▲ 0.2%€183k▲ 30.8%€345k▲ 88.5%
Equity€250k▲ 41.5%€389k▲ 56.0%€459k▲ 17.8%€642k▲ 39.9%€987k▲ 53.8%
Total assets€288k▲ 11.0%€458k▲ 59.1%€597k▲ 30.3%€770k▲ 29.0%€1.06M▲ 37.4%
Debt€39k▼ 53.6%€69k▲ 78.8%€138k▲ 101%€129k▼ 7.1%€71k▼ 44.5%
Working capital€266k▲ 28.7%€307k▲ 15.5%€393k▲ 28.0%€588k▲ 49.9%€954k▲ 62.1%
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 2023 the operating result has climbed two years in a row; 2025 is 98% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€33k ▼ 37.9%
Current assets
€1.03M ▲ 43.0%
Equity and liabilities €1.06M
Equity
€987k ▲ 53.8%
Debt
€71k ▼ 44.5%
Debt's share of the balance-sheet total falls from 16.7% to 6.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€464k▲
2024 · €242k
Cash flow
€365k▲
2024 · €202k
Current ratio
14.37▲
2024 · 5.58
Debt to equity
0.07▼
2024 · 0.20
ROE
35.0%▲
2024 · 28.5%
ROA
32.6%▲
2024 · 23.8%
Interest coverage
3099.68▲
2024 · 1217.19
Debt ≤ 1 year
€71k▼
2024 · €129k
Income taxes
€120k▲
2024 · €65k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €2k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €8k | €18k | €19k | €20k | ▲ 8.9% |
| Other operating charges640/8 | - | €102 | €109 | €118 | €120 | ▲ 1.7% |
| Gross operating margin9900 | €90k | €195k | €189k | €242k | €464k | ▲ 91.4% |
| Operating profit (loss)9901 | €89k | €187k | €171k | €224k | €443k | ▲ 98.3% |
| Financial income75/76B | - | €4k | €18k | €25k | €22k | ▼ 9.6% |
| Recurring financial income75 | €4k | €4k | €18k | €25k | €22k | ▼ 9.6% |
| Financial charges65/66B | - | €934 | €471 | €199 | €150 | ▼ 24.8% |
| Recurring financial charges65 | €1k | €934 | €471 | €199 | €150 | ▼ 24.8% |
| Profit (loss) for the period before taxes9903 | €92k | €190k | €188k | €248k | €465k | ▲ 87.7% |
| Income taxes67/77 | €19k | €51k | €48k | €65k | €120k | ▲ 85.3% |
| Profit (loss) for the period9904 | €73k | €140k | €140k | €183k | €345k | ▲ 88.5% |
| Profit (loss) for the period to be appropriated9905 | €73k | €140k | €140k | €183k | €345k | ▲ 88.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €288k | €458k | €597k | €770k | €1.06M | ▲ 37.4% |
| Fixed assets21/28 | - | €84k | €67k | €54k | €33k | ▼ 37.9% |
| Tangible fixed assets22/27 | - | €84k | €67k | €54k | €33k | ▼ 37.9% |
| Plant, machinery and equipment23 | - | €2k | €3k | €3k | €2k | ▼ 17.8% |
| Furniture and vehicles24 | - | €82k | €64k | €51k | €31k | ▼ 39.1% |
| Current assets29/58 | €288k | €375k | €530k | €717k | €1.03M | ▲ 43.0% |
| Amounts receivable after more than one year29 | - | - | €449k | €512k | €563k | ▲ 10.0% |
| Other amounts receivable291 | - | - | €449k | €512k | €563k | ▲ 10.0% |
| Amounts receivable within one year40/41 | €238k | €337k | €363 | - | - | - |
| Other amounts receivable41 | - | €337k | €363 | - | - | - |
| Current investments50/53 | - | - | - | - | €140k | - |
| Cash at bank and in hand54/58 | €49k | €38k | €41k | €202k | €294k | ▲ 45.6% |
| Deferred charges and accrued income490/1 | - | - | €41k | €3k | €28k | ▲ 859% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €288k | €458k | €597k | €770k | €1.06M | ▲ 37.4% |
| Equity10/15 | €250k | €389k | €459k | €642k | €987k | ▲ 53.8% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €242k | €381k | €451k | €634k | €979k | ▲ 54.5% |
| Amounts payable17/49 | €39k | €69k | €138k | €129k | €71k | ▼ 44.5% |
| Amounts payable after more than one year17 | €16k | €1k | - | - | - | - |
| Financial debts170/4 | - | €1k | - | - | - | - |
| Amounts payable within one year42/48 | €22k | €68k | €138k | €129k | €71k | ▼ 44.5% |
| Current portion of amounts payable after more than one year42 | - | €15k | €1k | - | - | - |
| Trade debts44 | €761 | - | - | - | - | - |
| Advances received on contracts in progress46 | - | - | €45k | - | - | - |
| Taxes, remuneration and social security45 | - | €51k | €18k | €72k | €71k | ▼ 1.0% |
| Taxes450/3 | - | €51k | €18k | €72k | €71k | ▼ 1.0% |
| Other amounts payable47/48 | - | €1k | €73k | €57k | - | - |
| Accrued charges and deferred income492/3 | - | - | €656 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €73k | €140k | €140k | €183k | €345k | ▲ 88.5% |
| + Depreciation and write-downs630 | €1k | €8k | €18k | €19k | €20k | ▲ 8.9% |
| Operating cash flow (approximation) | €74k | €148k | €158k | €202k | €365k | ▲ 81.2% |
| Investment in fixed assets (approximation) | - | - | €-2k | €-5k | €0 | ▲ 100% |
| Change in cash | - | €-11k | €3k | €161k | €92k | ▼ 42.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2019net €345k ▲88.5%
Operating result €443k, net result €345k, both a record.
30-09
Financial
Liquidity triplescurrent ratio 14.37
Current ratio from 5.58 to 14.37; short-term debt falls from €129k to €71k.
26-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Equity above €500kEq €642k ▲39.9%
6 profitable years in a row build equity to €642k.
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
10-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €73k ▼5.4%
Net result drops to €73k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity triplescurrent ratio 12.82
Current ratio from 4.98 to 12.82; short-term debt falls from €52k to €22k.
30-09
Financial
Equity above €200kEq €250k ▲41.5%
3 profitable years in a row build equity to €250k.
25-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2020
30-09
Financial
Liquidity doublescurrent ratio 4.98
Current ratio from 2.43 to 4.98; short-term debt falls from €98k to €52k.
30-09
Financial
Equity above €150kEq €176k ▲78.2%
2 profitable years in a row build equity to €176k.
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Mol · 1 establishment unit since 2018
Ground area
899 m²
Building footprint
133 m²
Volume, LiDAR
945 m³
Parcel 13025G0684/00B002, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KELICO
since 20182.278.145.661
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13025G0684/00B002 | Flanders | 899 m² | 1 · 133 m² | 9.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
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VITOSI CONSULTING
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L.D.C.
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Jeroen Jansen Consultancy
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 27,983 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-07-2018
Fiscal year end30-09
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.