Kenneth Vansweevelt
ActiveKenneth Vansweevelt has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €26k and a net result of €-21k. Equity is growing by ~38.2% per year across the filed fiscal years. Its solvency ranks better than 55% of 2283 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-100
Solvency75▼-25
Growth46▼-29
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.23; short-term debt: 49.7% and cash: 25% of total assets), and 49.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
50.3%
Return on assets
-41.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
71 d late
2023
20 d early
2022
119 d late
2021
98 d late
2020
20 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€52k▼ 26.3%
2023 · €71k
2020: €52k
2021: €19k
2022: €38k
2023: €71k
2020 → 2024
EBIT margin
-33.0%▼ 58.5pp
2023 · 25.5%
2020: 21.8%
2021: 46.0%
2022: 24.3%
2023: 25.5%
2020 → 2024
Net result
€-21k
2023 · €18k
2020: €5k
2021: €9k
2022: €13k
2023: €18k
2020 → 2024
Working capital
€6k▼ 75.6%
2022 · €24k
2020: €6k
2022: €24k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€52k-€19k▼ 63.0%€38k▲ 100%€71k▲ 85.7%€52k▼ 26.3%
Equity€7k-€16k▲ 124%€29k▲ 82.1%€47k▲ 62.4%€26k▼ 45.0%
Operating result€11k-€9k▼ 22.0%€9k▲ 5.6%€18k▲ 94.7%€-17k
Net result€5k-€9k▲ 73.3%€13k▲ 48.2%€18k▲ 38.5%€-21k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €17k after €18k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €51k
Fixed assets
€20k▼ 18.1%
Current assets
€31k▲ 38.8%
Equity and liabilities €51k
Equity
€26k
Debt
€25k
Debt finances 49.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€-9k▼
2023 · €26k
Cash flow
€-13k▼
2023 · €25k
Solvency
50.3%▼
2023 · 100.0%
Current ratio
1.23
Quick ratio
1.23
Debt / equity
0.99
ROE
-81.9%▼
2023 · 38.4%
ROA
-41.2%▼
2023 · 38.4%
Interest coverage
-10.45▼
2023 · 173.65
Debt
€25k
Debt ≤ 1 year
€25k
Income taxes
€3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€47k€51k▲
Fixed assets21/28€24k€20k▼
Tangible fixed assets22/27€24k€20k▼
Plant, machinery and equipment23€14k€15k▲
Furniture and vehicles24€10k€5k▼
Current assets29/58€22k€31k▲
Amounts receivable within one year40/41€8k€18k▲
Trade receivables40-€4k
Other amounts receivable41€8k€15k▲
Cash at bank and in hand54/58€15k€13k▼
Equity and liabilities
Total equity and liabilities10/49€47k€51k▲
Equity10/15€47k€26k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€45k€24k▼
Amounts payable17/49-€25k
Amounts payable within one year42/48-€25k
Current portion of amounts payable after more than one year42-€4k
Trade debts44-€19k
Suppliers440/4-€19k
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Income statement
Code20232024
Turnover70€71k€52k▼
Goods, raw materials, services and sundry goods60/61€45k€61k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€353€525▲
Gross operating margin9900€26k€-9k▼
Operating profit (loss)9901€18k€-17k▼
Financial charges65/66B€147€903▲
Recurring financial charges65€147€903▲
Profit (loss) for the period before taxes9903€18k€-18k▼
Income taxes67/77-€3k
Profit (loss) for the period9904€18k€-21k▼
Profit (loss) for the period to be appropriated9905€18k€-21k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€24k▼
Profit (loss) brought forward from the previous period14P€27k€45k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 71 days late
2024
31-12
Financial
Weakest financial yearnet €-21k ▼217%
Net result drops to €-21k, the lowest in the series.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2020net €18k ▲38.5%
Operating result €18k, net result €18k, both a record.
27-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 119 days late
2022
06-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 98 days late
2021
11-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
1 establishment unit since 2019
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.
Ground area
2,143 m²
Building footprint
320 m²
Volume, LiDAR
1,634 m³
2 parcels, Flanders, Wallonia · tallest building 15.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ALFA TRADUCTIONS & SERVICES
since 20192.294.853.813
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72025A0186/00Y019 | Flanders | 1,968 m² | 1 · 268 m² | 15.8 m · 2 fl. |
| 25042C0318/00G000 | Wallonia | 176 m² | 1 · 51 m² | 8.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,501 companies in sector 82990 we hold annual accounts for 9,402. 6,172 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-10-2019
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
93127Equestrian clubs
70200Business and other management consultancy
70220Business consulting
73110Advertising agencies
74300Other professional, scientific and technical activities
74301Translation services
91011Libraries, archives, museums and other cultural activities
91110Libraries, archives, museums and other cultural activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.