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KELLO

Active
Private limited companyfounded 20223 yrs activeOud-Strijdersstraat 115, 3020 Herent, BelgiumKBO/BCE: BE 0795.138.001
Summary

The computed 12-month bankruptcy probability of KELLO is 4.3% (elevated). The 2024 annual accounts show equity of €39,864 and a net result of €16,913. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency84▲+8
Growth52
Track record94
Bankruptcy probability, 12 months
4.3% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.44 against 2.08 in 2023; short-term debt: 41% and cash: 89.3% of total assets), and 41% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
59%
Return on assets
25%
Age of the figures
21 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 17-06-2026, 44 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
44 d early
2024
43 d early
2023
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 19 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 18 June (3 of the last 3 filed years within 74 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 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

History

On 20 December 2022, KELLO was incorporated as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema

Equity
€39,864▲ 73.7%
2023 · €22,952
Total assets
€67,565▲ 50.1%
2023 · €45,021
Net result
€16,913▼ 5.8%
2023 · €17,952
Working capital
€39,864▲ 70.8%
2023 · €23,340
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
Line20232024
Operating result€25,109-€25,110=
Net result€17,952-€16,913▼ 5.8%
Equity€22,952-€39,864▲ 73.7%
Total assets€45,021-€67,565▲ 50.1%
Debt€22,069-€27,701▲ 25.5%
Working capital€23,340-€39,864▲ 70.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2023: €25,109€25,109Net result 2023: €17,952€17,952Operating result 2024: €25,110€25,110Net result 2024: €16,913€16,91320232024€0€10,000€20,000€30,000Operating result 2023: €25,109€25,100Net result 2023: €17,952€18,000Operating result 2024: €25,110€25,100Net result 2024: €16,913€16,90020232024
The operating result rises in 2024; 2024 is 0% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €67,565
Equity €39,864 ▲ 73.7%
Debt €27,701 ▲ 25.5%
Debt's share of the balance-sheet total falls from 49.0% to 41.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
2.44▲
2023 · 2.08
Debt to equity
0.69▼
2023 · 0.96
ROE
42.4%▼
2023 · 78.2%
ROA
25.0%▼
2023 · 39.9%
Debt ≤ 1 year
€27,701▲
2023 · €21,681
Income taxes
€6,844▼
2023 · €7,153
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 29 lines
Balance sheet Code20232024
Assets
Total assets20/58€45,021€67,565▲
Current assets29/58€45,021€67,565▲
Cash at bank and in hand54/58€38,519€60,322▲
Deferred charges and accrued income490/1€6,501€7,242▲
Equity and liabilities
Total equity and liabilities10/49€45,021€67,565▲
Equity10/15€22,952€39,864▲
Contributions10/11€5,000€5,000=
Reserves13€17,952€34,864▲
Distributable reserves133€17,952€34,864▲
Amounts payable17/49€22,069€27,701▲
Amounts payable within one year42/48€21,681€27,701▲
Trade debts44€605€670▲
Suppliers440/4€605€670▲
Taxes, remuneration and social security45€9,403€9,431▲
Taxes450/3€9,403€9,431▲
Other amounts payable47/48€11,673€17,600▲
Accrued charges and deferred income492/3€388-
Income statement Code20232024
Other operating charges640/8€739€450▼
Gross operating margin9900€25,848€25,560▼
Operating profit (loss)9901€25,109€25,110=
Financial charges65/66B€4€1,353▲
Recurring financial charges65€4€1,353▲
Profit (loss) for the period before taxes9903€25,105€23,756▼
Income taxes67/77€7,153€6,844▼
Profit (loss) for the period9904€17,952€16,913▼
Profit (loss) for the period to be appropriated9905€17,952€16,913▼
Appropriation of the result
Profit (loss) to be appropriated9906€17,952€16,913▼
Transfer to equity691/2€17,952€16,913▼
To other reserves6921€17,952€16,913▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Other operating charges640/8€739€450▼ 39.1%
Gross operating margin9900€25,848€25,560▼ 1.1%
Operating profit (loss)9901€25,109€25,110=
Financial charges65/66B€4€1,353▲ 30,312%
Recurring financial charges65€4€1,353▲ 30,312%
Profit (loss) for the period before taxes9903€25,105€23,756▼ 5.4%
Income taxes67/77€7,153€6,844▼ 4.3%
Profit (loss) for the period9904€17,952€16,913▼ 5.8%
Profit (loss) for the period to be appropriated9905€17,952€16,913▼ 5.8%
Line20232024Change
Assets
Total assets20/58€45,021€67,565▲ 50.1%
Current assets29/58€45,021€67,565▲ 50.1%
Cash at bank and in hand54/58€38,519€60,322▲ 56.6%
Deferred charges and accrued income490/1€6,501€7,242▲ 11.4%
Equity and liabilities
Total equity and liabilities10/49€45,021€67,565▲ 50.1%
Equity10/15€22,952€39,864▲ 73.7%
Contributions10/11€5,000€5,000=
Reserves13€17,952€34,864▲ 94.2%
Distributable reserves133€17,952€34,864▲ 94.2%
Amounts payable17/49€22,069€27,701▲ 25.5%
Amounts payable within one year42/48€21,681€27,701▲ 27.8%
Trade debts44€605€670▲ 10.7%
Suppliers440/4€605€670▲ 10.7%
Taxes, remuneration and social security45€9,403€9,431▲ 0.3%
Taxes450/3€9,403€9,431▲ 0.3%
Other amounts payable47/48€11,673€17,600▲ 50.8%
Accrued charges and deferred income492/3€388--
Line20232024Change
Profit (loss) for the period9904€17,952€16,913▼ 5.8%
Operating cash flow (approximation)€17,952€16,913▼ 5.8%
Change in cash-€21,803-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
18-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Herent · 2 establishment units since 2022
seat establishment All 2 establishment units on the map
Ground area
2,372 m²
Building footprint
337 m²
Volume, LiDAR
2,048 m³
2 parcels, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
2 establishment units
KELLO
Oud-Strijdersstraat 115, 3020 HerentHuman health activities
since 20222.339.829.644
Kinetik
Van Bladelstraat 36, 3020 HerentPhysiotherapy
since 20252.380.181.941
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24423G0156/00H002 Flanders 1,705 m² 1 · 188 m² 10.2 m · 2 fl.
24423G0252/00M005 Flanders 668 m² 1 · 149 m² 7.5 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 1,113 EUR awarded · 1,113 EUR paid
Year Entries awardedpaid
2025 1 288 EUR288 EUR
2024 1 729 EUR729 EUR
2023 1 96 EUR96 EUR
Schemes
3 entries · 1,113 EUR · 1,113 EUR paid · Fonds voor Innoveren en Ondernemen

Identification & contact

Identification
Legal formPrivate limited company
Founded20-12-2022
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0795138001
Also 9925:BE0795138001

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.