Equity
KeLL paid out €433,113 in dividends. That is 177% of the 2025 profit.
The dashed line is the sector median: < 0.1% across 20,104 companies (NACE 69, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 69, micro). It does better than 51% of them on solvency, 45% on liquidity, 82% on profitability and 9% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 26,972 companies had the same profile as KeLL has now. Each dot stands for 68 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of KeLL itself is lower: < 0.1% within 12 months. It rests on far more data about KeLL than the profile alone.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for KeLL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 2.14 (5.23 in 2024), above the usual 1.5. Short-term debt is 44.8% and cash 24.7% of total assets. 44.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 16 days after the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| KeLL Oudsbergen | €242,590 | €220,392 | 55.2% | - |
| ESSERS CONSULTANCY Oudsbergen | €216,728 | €215,233 | 66.3% | - |
| Accountantskantoor Loos Oudsbergen | €232,865 | €196,429 | 8.0% | - |
| B ACCOUNT Diepenbeek | €259,585 | €210,479 | 43.2% | - |
| FISCALYDE Walhain | €230,581 | €213,674 | 32.2% | - |
| FIDUCIAIRE LOISELET Tournai | €225,189 | €204,709 | 8.3% | - |
| FINIAC Pepingen | €254,391 | €259,710 | 8.0% | - |
These companies have the same main activity as KeLL: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €217,000 and €260,000, founded between 2017 and 2019.
KeLL files the abbreviated format. That format states no turnover. The gross margin rose from €33,327 in 2018 to €220,392 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €420,000. Estimated: probably between €330,000 and €500,000.
Higher than 60% of 4,142 companies in 2025.
Higher than 61% of 4,078 companies in 2025.
Higher than 95% of 4,113 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
242,590 | 396,559 | 311,537 | 182,737 | 147,609 | 56,807 | 47,069 | 53,684 | |
21/28 |
10,246 | 10,881 | 11,517 | 10,000 | 10,000 | 10,000 | 10,354 | 800 | |
22/27 |
246 | 881 | 1,517 | - | - | - | 354 | 800 | |
23 |
246 | 881 | 1,517 | - | - | - | - | - | |
24 |
- | - | - | - | - | - | 354 | 800 | |
28 |
10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | - | |
29/58 |
232,345 | 385,678 | 300,020 | 172,737 | 137,609 | 46,807 | 36,715 | 52,884 | |
29 |
12,600 | - | - | - | - | - | - | - | |
291 |
12,600 | - | - | - | - | - | - | - | |
40/41 |
74,996 | 104,129 | 61,393 | 86,627 | 67,459 | 39,764 | 27,658 | - | |
40 |
47,017 | 104,129 | 59,819 | 85,625 | 30,700 | 22,038 | 21,150 | - | |
41 |
27,979 | 0 | 1,574 | 1,002 | 36,759 | 17,727 | 6,508 | - | |
50/53 |
0 | 150,000 | - | - | - | - | - | - | |
54/58 |
59,964 | 123,723 | 232,183 | 79,401 | 68,697 | 7,043 | 5,982 | 50,805 | |
490/1 |
84,785 | 7,826 | 6,444 | 6,709 | 1,454 | - | 3,075 | 2,079 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
242,590 | 396,559 | 311,537 | 182,737 | 147,609 | 56,807 | 47,069 | 53,684 | |
10/15 |
134,010 | 322,884 | 246,931 | 154,733 | 111,428 | 38,553 | 35,830 | 35,173 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | |
13 |
115,410 | 304,284 | 228,331 | 136,133 | 92,828 | 26,153 | 23,430 | 22,773 | |
130/1 |
1,172 | 1,172 | 1,172 | 1,172 | 1,172 | 1,172 | - | - | |
130 |
- | - | - | - | - | - | 1,172 | 1,139 | |
1311 |
0 | 1,172 | 1,172 | 1,172 | 1,172 | 1,172 | - | - | |
1319 |
1,172 | - | - | - | - | - | - | - | |
133 |
114,239 | 303,113 | 227,159 | 134,961 | 91,656 | 24,981 | 22,259 | 21,635 | |
14 |
0 | 0 | 0 | 0 | - | - | - | - | |
17/49 |
108,580 | 73,675 | 64,607 | 28,004 | 36,181 | 18,254 | 11,238 | 18,510 | |
42/48 |
108,580 | 73,675 | 64,607 | 27,415 | 34,437 | 18,254 | 11,238 | 18,510 | |
43 |
81 | - | 0 | 1,675 | - | - | 7,500 | 7,500 | |
430/8 |
- | - | 0 | 1,675 | - | - | 7,500 | 7,500 | |
439 |
81 | - | - | - | - | - | - | - | |
44 |
9,329 | 9,724 | 12,815 | 1,786 | 38 | 1,323 | 1,327 | 671 | |
440/4 |
9,329 | 9,724 | 12,815 | 1,786 | 38 | 1,323 | 1,327 | 671 | |
45 |
33,589 | 36,055 | 27,018 | 18,548 | 31,382 | 4,524 | 2,302 | 7,931 | |
450/3 |
33,589 | 36,055 | 27,018 | 18,548 | 31,382 | 4,524 | 2,302 | 7,931 | |
47/48 |
65,580 | 27,896 | 24,774 | 5,406 | 3,018 | 12,407 | 110 | 2,408 | |
492/3 |
- | - | 0 | 588 | 1,744 | - | - | - | |
| Income statement | |||||||||
76A |
- | - | 0 | - | - | - | - | - | |
9900 |
220,392 | 201,271 | 168,529 | 105,135 | 87,736 | 4,868 | 3,376 | 33,327 | |
630 |
636 | 636 | 390 | - | 0 | 354 | 446 | 539 | |
640/8 |
1,376 | 1,178 | 1,030 | 663 | 1,037 | 527 | 384 | 196 | |
9901 |
218,380 | 199,457 | 167,109 | 104,472 | 86,700 | 3,988 | 2,546 | 32,592 | |
75/76B |
79,112 | 25,000 | 0 | 0 | - | - | 5 | 0 | |
75 |
79,112 | 25,000 | 0 | 0 | - | - | 5 | 0 | |
65/66B |
1,169 | 1,257 | 1,123 | 168 | 84 | 132 | 78 | 18 | |
65 |
1,169 | 1,257 | 1,123 | 168 | 84 | 132 | 78 | 18 | |
9903 |
296,324 | 223,201 | 165,986 | 104,303 | 86,615 | 3,856 | 2,473 | 32,575 | |
67/77 |
52,085 | 47,247 | 38,789 | 22,998 | 19,941 | 1,133 | 1,816 | 9,802 | |
9904 |
244,239 | 175,954 | 127,198 | 81,305 | 66,675 | 2,723 | 657 | 22,773 | |
9905 |
244,239 | 175,954 | 127,198 | 81,305 | 66,675 | 2,723 | 657 | 22,773 | |
| Appropriation of the result | |||||||||
9906 |
244,239 | 175,954 | 127,198 | 81,305 | 66,675 | 2,723 | 657 | 22,773 | |
791/2 |
303,113 | 100,000 | 35,000 | 38,000 | - | - | - | - | |
691/2 |
114,239 | 175,954 | 127,198 | 81,305 | 66,675 | 2,723 | 657 | 22,773 | |
6920 |
- | - | - | - | - | - | 33 | 1,139 | |
6921 |
114,239 | 175,954 | 127,198 | 81,305 | 66,675 | 2,723 | 624 | 21,635 | |
694/7 |
433,113 | 100,000 | 35,000 | 38,000 | - | - | - | - | |
694 |
433,113 | 100,000 | 35,000 | 38,000 | - | - | - | - | |
| Social balance sheet | |||||||||
9087 |
- | - | 0 | - | - | - | - | - | |
| Document | |||||||||
The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-07-2026 | 2026-00346665 | |
| 31-12-2024 | abbreviated format | 29-07-2025 | 2025-00320532 | |
| 31-12-2023 | abbreviated format | 20-08-2024 | 2024-00352429 | |
| 31-12-2022 | abbreviated format | 30-06-2023 | 2023-00177944 | |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20368093 | |
| 31-12-2020 | abbreviated format | 31-08-2021 | 2021-58500243 | |
| 31-12-2019 | abbreviated format | 06-10-2020 | 2020-58900041 | |
| 31-12-2018 | micro format | 19-07-2019 | 2019-34400282 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 219,016 | 200,093 | 167,500 | - | 86,700 | 4,341 | 2,992 | 33,132 | ||
| 244,874 | 176,589 | 127,588 | - | 66,675 | 3,076 | 1,103 | 23,313 | ||
| 0 | 0 | 1,907 | 51,427 | 0 | 0 | 10,000 | 1,339 | ||
| -63,759 | -108,460 | 152,783 | 10,704 | 61,654 | 1,060 | -44,823 | - | ||
| 123,765 | 312,003 | 235,414 | 145,321 | 103,172 | 28,553 | 25,477 | 34,374 | ||
| 55.2% | 81.4% | 79.3% | 84.7% | 75.5% | 67.9% | 76.1% | 65.5% | ||
| 2.14 | 5.23 | 4.64 | 6.30 | 4.00 | 2.56 | 3.27 | 2.86 | ||
| 0.81 | 0.23 | 0.26 | 0.18 | 0.32 | 0.47 | 0.31 | 0.53 | ||
| 182.3% | 54.5% | 51.5% | 52.5% | 59.8% | 7.1% | 1.8% | 64.7% | ||
| 100.7% | 44.4% | 40.8% | 44.5% | 45.2% | 4.8% | 1.4% | 42.4% | ||
| over 100 | over 100 | over 100 | - | over 100 | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,907 | €51,427 | - |
| €636 | €636 | €390 | - | €0 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 9% higher than in 2024 and the highest since 2018. It is the sixth rise in a row, after the fall in 2019.
Debt's share of the balance-sheet total rises from 18.6% to 44.8%. Equity is lower and debt is higher.
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
| StieNett
registered office since 01-01-2005 · founded in 2004 |
total assets €115,746 (2025) 0870.369.716 |
| IBB Kempen via Integrale Bedrijfsbegeleiding, at KeLL until 2023 · Director · deed of 17-12-2019 founded in 2019 |
total assets €191,394 (2025) |
| Name | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| ESSERS & VANBRIEL | 50% | |||||
Source: list of holdings in its own accounts
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
On 17 October 2017, KeLL was incorporated.1 VANBRIEL Kelly Rosa Lena has served as manager since 2019.2 Total assets went from €53,684 in 2018 to €242,590 in 2025.3
| Establishment | Since | Unit number |
|---|---|---|
| Gruitroderbaan 38 registered office 3670 Oudsbergen | 17-10-2017 | 2.268.949.467 |
| 23-02-2026 | Granted | Verbouwen en/of uitbreiden met functiewijziging en met wijziging van aantal woongelegenheden submitted 15-12-2025 · project 2025153443 | Oudsbergen |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 72022B0558/00L000 | 832 m² | 1 · 173 m² | 8.6 m · 2 |
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