KENESSENCE
ActiveKENESSENCE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €-9k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 7740 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability5▼-4
Solvency82▼-13
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.29 against 3.26 in 2024; short-term debt: 43.4% and cash: 96.1% of total assets), and 43.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
56.6%
Return on assets
-10.9%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-9k
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 15-04-2026, 107 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
107 d early
2024
14 d early
2023
14 d early
2022
28 d early
2021
12 d early
2020
12 d early
2019
21 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▼ 56.6%
2024 · €109k
2018: €55k
2019: €110k
2020: €162k
2021: €219k
2022: €228k
2023: €176k
2024: €109k
2018 → 2025
Total assets
€84k▼ 46.6%
2024 · €156k
2018: €93k
2019: €143k
2020: €169k
2021: €226k
2022: €240k
2023: €222k
2024: €156k
2018 → 2025
Net result
€-9k▲ 27.1%
2024 · €-12k
2018: €49k
2019: €54k
2020: €53k
2021: €72k
2022: €9k
2023: €-6k
2024: €-12k
2018 → 2025
Working capital
€47k▼ 56.7%
2024 · €108k
2018: €53k
2019: €105k
2020: €158k
2021: €217k
2022: €225k
2023: €174k
2024: €108k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€219k-€228k▲ 4.2%€176k▼ 23.0%€109k▼ 38.1%€47k▼ 56.6%
Operating result€101k-€22k▼ 78.5%€-4k€-11k▼ 173%€-8k▲ 21.1%
Net result€72k-€9k▼ 87.2%€-6k€-12k▼ 124%€-9k▲ 27.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €11k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €84k
Fixed assets
€600▼ 44.3%
Current assets
€83k▼ 46.6%
Equity and liabilities €84k
Equity
€47k▼ 56.6%
Debt
€36k▼ 23.9%
The debt ratio rises from 30.4% to 43.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-8k▲
2024 · €-10k
Cash flow
€-9k▲
2024 · €-11k
Solvency
56.6%▼
2024 · 69.6%
Current ratio
2.29▼
2024 · 3.26
Quick ratio
2.29▼
2024 · 3.26
Debt / equity
0.77▲
2024 · 0.44
ROE
-19.2%▼
2024 · -11.4%
ROA
-10.9%▼
2024 · -8.0%
Interest coverage
-31.31▲
2024 · -36.20
Debt
€36k▼
2024 · €48k
Debt ≤ 1 year
€36k▼
2024 · €48k
Income taxes
€486▼
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€156k€84k▼
Fixed assets21/28€1k€600▼
Tangible fixed assets22/27€1k€600▼
Land and buildings22€800€600▼
Plant, machinery and equipment23€277-
Current assets29/58€155k€83k▼
Amounts receivable within one year40/41€1k€607▼
Other amounts receivable41€1k€607▼
Cash at bank and in hand54/58€152k€80k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€156k€84k▼
Equity10/15€109k€47k▼
Contributions10/11€6k€6k=
Reserves13€121k€68k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€119k€66k▼
Profit (loss) carried forward14€-18k€-27k▼
Amounts payable17/49€48k€36k▼
Amounts payable within one year42/48€48k€36k▼
Trade debts44€353€321▼
Suppliers440/4€353€321▼
Taxes, remuneration and social security45-€20
Taxes450/3-€20
Other amounts payable47/48€47k€36k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€477▼
Gross operating margin9900€-10k€-8k▲
Operating profit (loss)9901€-11k€-8k▲
Financial charges65/66B€264€251▼
Recurring financial charges65€264€251▼
Profit (loss) for the period before taxes9903€-11k€-9k▲
Income taxes67/77€2k€486▼
Profit (loss) for the period9904€-12k€-9k▲
Profit (loss) for the period to be appropriated9905€-12k€-9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-18k€-27k▼
Profit (loss) brought forward from the previous period14P€-6k€-18k▼
Transfer from equity791/2€54k€52k▼
Profit to be distributed694/7€54k€52k▼
Return on contributions (dividend)694€54k€52k▼
The notes to these accounts (4 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
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €72k ▲37.3%
Operating result €101k, net result €72k, both a record.
31-12
Financial
Equity above €200kEq €219k ▲35.2%
4 profitable years in a row build equity to €219k.
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 5current ratio 22.32
Current ratio from 4.46 to 22.32; short-term debt falls from €30k to €7k.
31-12
Financial
Equity above €150kEq €162k ▲47.9%
3 profitable years in a row build equity to €162k.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 21 days late
2019
31-12
Financial
Equity above €100kEq €110k ▲98.8%
2 profitable years in a row build equity to €110k.
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Dendermonde · 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.
Hoofdstraat (APP) 719200 DendermondeGround area
1,158 m²
Building footprint
407 m²
Volume, LiDAR
80 m³
Parcel 42001A0289/02Y000, Flanders · tallest building 8.1 m. Linked by address, not a title deed.
1 establishment unit
KENESSENCE
since 20172.269.172.369
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42001A0289/02Y000 | Flanders | 1,158 m² | 1 · 407 m² | 8.1 m |
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.
Similar companies · same sector, comparable size
AMATEL
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SERVATEC
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GEFISC
BE 0446.841.980
La Louvière · Eq €47k
MYRIAPODA
BE 0634.852.627
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''DIPENCO''
BE 0879.391.607
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Of 11,225 companies in sector 82100 we hold annual accounts for 3,511. 2,533 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-09-2017
Fiscal year end31-12
Activities, NACEBEL
82100Office administrative and support services
82110Office administrative, office support and other business support activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.