Kemseke Estate
ActiveSummary
Kemseke Estate has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.72M and a net result of €95k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 84% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 2.74 against 3.14 in 2024; short-term debt: 8.1% and cash: 18.5% of total assets), and 20.7% 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○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 · 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
79.3%
Return on assets
4.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.72M
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 10-07-2026, 21 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
21 d early
2024
31 d early
2023
29 d early
2022
4 d early
2021
23 d late
2020
19 d late
2019
40 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.72M▲ 5.9%
2024 · €1.62M
2018: €1.44M
2019: €1.43M
2020: €1.44M
2021: €1.46M
2022: €1.49M
2023: €1.54M
2024: €1.62M
2018 → 2025
Total assets
€2.17M▲ 7.8%
2024 · €2.01M
2018: €2.45M
2019: €2.41M
2020: €2.28M
2021: €2.11M
2022: €2.05M
2023: €2.00M
2024: €2.01M
2018 → 2025
Net result
€95k▲ 13.6%
2024 · €84k
2018: €-12k
2019: €-7k
2020: €6k
2021: €18k
2022: €30k
2023: €54k
2024: €84k
2018 → 2025
Working capital
€307k▼ 1.9%
2024 · €312k
2018: €5k
2019: €-158k
2020: €-101k
2021: €-19k
2022: €75k
2023: €187k
2024: €312k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.46M-€1.49M▲ 2.1%€1.54M▲ 3.6%€1.62M▲ 5.4%€1.72M▲ 5.9%
Operating result€24k-€45k▲ 86.4%€90k▲ 101%€126k▲ 40.2%€139k▲ 10.4%
Net result€18k-€30k▲ 72.5%€54k▲ 77.1%€84k▲ 55.4%€95k▲ 13.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.17M
Fixed assets
€1.69M ▲ 8.6%
Current assets
€483k ▲ 5.2%
Equity and liabilities €2.17M
Equity
€1.72M ▲ 5.9%
Debt
€450k ▲ 16.0%
Debt's share of the balance-sheet total rises from 19.3% to 20.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€277k▲
2024 · €272k
Cash flow
€234k▲
2024 · €230k
Current ratio
2.74▼
2024 · 3.14
Debt to equity
0.26▲
2024 · 0.24
ROE
5.5%▲
2024 · 5.2%
ROA
4.4%▲
2024 · 4.2%
Interest coverage
23.07▲
2024 · 19.41
Debt ≤ 1 year
€176k▲
2024 · €146k
Debt > 1 year
€274k▲
2024 · €242k
Income taxes
€32k▲
2024 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.01M€2.17M▲
Fixed assets21/28€1.55M€1.69M▲
Tangible fixed assets22/27€1.55M€1.69M▲
Land and buildings22€1.55M€1.42M▼
Assets under construction and advance payments27-€272k
Current assets29/58€459k€483k▲
Amounts receivable within one year40/41€64k€71k▲
Trade receivables40€62k€52k▼
Other amounts receivable41€2k€18k▲
Cash at bank and in hand54/58€385k€402k▲
Deferred charges and accrued income490/1€10k€10k▲
Equity and liabilities
Total equity and liabilities10/49€2.01M€2.17M▲
Equity10/15€1.62M€1.72M▲
Contributions10/11€1.47M€1.47M=
Reserves13€159k€254k▲
Distributable reserves133€159k€254k▲
Amounts payable17/49€388k€450k▲
Amounts payable after more than one year17€242k€274k▲
Financial debts170/4€242k€274k▲
Amounts payable within one year42/48€146k€176k▲
Current portion of amounts payable after more than one year42€100k€171k▲
Trade debts44€46k€5k▼
Suppliers440/4€46k€5k▼
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€146k€138k▼
Other operating charges640/8€21k€22k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€293k€300k▲
Operating profit (loss)9901€126k€139k▲
Financial charges65/66B€14k€12k▼
Recurring financial charges65€14k€12k▼
Profit (loss) for the period before taxes9903€112k€127k▲
Income taxes67/77€28k€32k▲
Profit (loss) for the period9904€84k€95k▲
Profit (loss) for the period to be appropriated9905€84k€95k▲
Appropriation of the result
Profit (loss) to be appropriated9906€84k€95k▲
Transfer to equity691/2€84k€95k▲
To other reserves6921€84k€95k▲
Social balance
Average headcount (FTE)90870.00.0=
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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €95k ▲13.6%
Operating result €139k, net result €95k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 40 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Menen · 1 establishment unit since 2017
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.
Lar P208930 MenenGround area
8,898 m²
Building footprint
2,567 m²
Volume, LiDAR
15,118 m³
Parcel 34024C0383/00N000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kemseke Estate
since 20172.260.162.059
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34024C0383/00N000 | Flanders | 8,898 m² | 1 · 2,567 m² | 8.8 m · 2 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 12,022 companies in sector 68203 we hold annual accounts for 5,986. 3,766 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.