KELLERCO
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 18-05-2026 PDF all 32 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €1,795, larger than the loss of €1,779 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €969 | €450 | €493 | €505 | €520 | ▲ 2.8% |
| Gross operating margin9900 | €437,100 | €197,364 | -€3,443 | -€3,394 | -€1,267 | -€2,724 | -€1,274 | -€1,276 | ▼ 0.1% |
| Operating profit (loss)9901 | €432,974 | €195,531 | -€3,891 | -€4,363 | -€1,717 | -€3,217 | -€1,779 | -€1,795 | ▼ 0.9% |
| Financial charges65/66B | - | - | - | €0 | - | - | - | - | - |
| Recurring financial charges65 | €13,880 | €269 | €21 | €0 | - | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €406,936 | €195,262 | -€3,912 | -€4,363 | -€1,717 | -€3,217 | -€1,779 | -€1,795 | ▼ 0.9% |
| Income taxes67/77 | €121,455 | €48,480 | - | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €285,481 | €146,782 | -€3,912 | -€4,363 | -€1,717 | -€3,217 | -€1,779 | -€1,795 | ▼ 0.9% |
| Profit (loss) for the period to be appropriated9905 | €285,481 | €146,782 | -€3,912 | -€4,363 | -€1,717 | -€3,217 | -€1,779 | -€1,795 | ▼ 0.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €564,421 | €730,821 | €608,473 | €555,004 | €553,287 | €546,639 | €544,860 | €543,065 | ▼ 0.3% |
| Fixed assets21/28 | €74,970 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €74,970 | - | - | - | - | - | - | - | - |
| Current assets29/58 | €489,451 | €730,821 | €608,473 | €555,004 | €553,287 | €546,639 | €544,860 | €543,065 | ▼ 0.3% |
| Amounts receivable after more than one year29 | - | - | - | €554,911 | €553,261 | €546,629 | €544,851 | €543,061 | ▼ 0.3% |
| Other amounts receivable291 | - | - | - | €554,911 | €553,261 | €546,629 | €544,851 | €543,061 | ▼ 0.3% |
| Cash at bank and in hand54/58 | €65,218 | €114,088 | €93 | €93 | €26 | €10 | €9 | €3 | ▼ 61.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €564,421 | €730,821 | €608,473 | €555,004 | €553,287 | €546,639 | €544,860 | €543,065 | ▼ 0.3% |
| Equity10/15 | €458,065 | €559,847 | €555,935 | €551,573 | €549,856 | €546,639 | €544,860 | €543,065 | ▼ 0.3% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | - | - | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €396,065 | €497,847 | €493,935 | €489,573 | €487,856 | €484,639 | €482,860 | €481,065 | ▼ 0.4% |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Legal reserve130 | - | - | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Distributable reserves133 | - | - | - | €483,373 | €481,656 | €478,439 | €476,660 | €474,865 | ▼ 0.4% |
| Amounts payable17/49 | €106,356 | €170,974 | €52,537 | €3,431 | €3,431 | - | - | - | - |
| Amounts payable within one year42/48 | €101,455 | €166,073 | €47,636 | €3,431 | €3,431 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €3,431 | €3,431 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €285,481 | €146,782 | -€3,912 | -€4,363 | -€1,717 | -€3,217 | -€1,779 | -€1,795 | ▼ 0.9% |
| Operating cash flow (approximation) | €285,481 | €146,782 | -€3,912 | -€4,363 | -€1,717 | -€3,217 | -€1,779 | -€1,795 | ▼ 0.9% |
| Change in cash | - | €48,870 | -€113,996 | €0 | -€67 | -€16 | -€1 | -€5 | ▼ 376% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 8,617 companies had the same profile as KELLERCO has now. Two years later, 0.4% had gone bankrupt and 94.1% were still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of KELLERCO itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 8,617 companies, not a prediction for KELLERCO. 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.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 18-05-2026 | 2026-00112703 | |
| 31-12-2024 | micro format | 30-05-2025 | 2025-00111448 | |
| 31-12-2023 | micro format | 31-05-2024 | 2024-00102876 | |
| 31-12-2022 | micro format | 30-05-2023 | 2023-00097991 | |
| 31-12-2021 | micro format | 08-06-2022 | 2022-20049917 | |
| 31-12-2020 | micro format | 29-09-2021 | 2021-69100130 | |
| 31-12-2019 | micro format | 30-11-2020 | 2020-73700417 | |
| 31-12-2018 | micro format | 25-09-2019 | 2019-65900373 | |
| 31-12-2017 | micro format | 05-09-2018 | 2018-62100051 | |
| 31-12-2016 | micro format | 05-10-2017 | 2017-66300421 |