KERCKAERT
ActiveSummary
For KERCKAERT, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €464,061 and a net result of €72,738. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 63% of 17230 sector peers (fiscal year 2022). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability78▲+43
Solvency72▲+10
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2022Solvency, return and age of the figures
Solvency
47.3%
Return on assets
7.4%
Age of the figures
45 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 9 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline30-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 29-02-2024, 213 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
213 d late
2021
153 d late
2020
153 d late
2019
210 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 182 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Equity
€464,061▲ 18.6%
2021 · €391,323
Total assets
€980,293▼ 6.2%
2021 · €1.0m
Net result
€72,738
2021 · -€12,003
Working capital
€305,326▼ 11.8%
2021 · €346,323
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€34,415-€14,638▼ 57.5%-€3,616-€7,842▼ 117%€103,827
Net result€21,142-€7,317▼ 65.4%-€7,595within the sector's middle half-€12,003below the sector's middle half▼ 58.0%€72,738above the sector's middle half
Equity€403,604-€410,921▲ 1.8%€403,326above the sector's middle half▼ 1.8%€391,323above the sector's middle half▼ 3.0%€464,061above the sector's middle half▲ 18.6%
Total assets€1.2m-€995,248▼ 16.0%€988,972within the sector's middle half▼ 0.6%€1.0mwithin the sector's middle half▲ 5.7%€980,293within the sector's middle half▼ 6.2%
Debt€780,986-€584,328▼ 25.2%€585,646▲ 0.2%€654,018▲ 11.7%€516,232▼ 21.1%
Working capital€358,604-€365,921▲ 2.0%€358,326above the sector's middle half▼ 2.1%€346,323above the sector's middle half▼ 3.3%€305,326above the sector's middle half▼ 11.8%
Solvency34.1%-41.3%▲ 7.2pp40.8%within the sector's middle half▼ 0.5pp37.4%within the sector's middle half▼ 3.3pp47.3%within the sector's middle half▲ 9.9pp
Current ratio1.46-1.63▲ 0.171.61within the sector's middle half▼ 0.011.53within the sector's middle half▼ 0.081.59within the sector's middle half▲ 0.06
Return on assets (ROA)1.8%-0.7%▼ 1.0pp-0.8%within the sector's middle half▼ 1.5pp-1.1%within the sector's middle half▼ 0.4pp7.4%within the sector's middle half▲ 8.6pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €103,827 after a loss of €7,842 in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €980,293
Fixed assets
€158,735 ▲ 253%
Current assets
€821,558 ▼ 17.9%
Equity and liabilities €980,293
Equity
€464,061 ▲ 18.6%
Debt
€516,232 ▼ 21.1%
Debt's share of the balance-sheet total falls from 62.6% to 52.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€113,242
Cash flow
€82,153
Debt to equity
1.11▼
2021 · 1.67
ROE
15.7%▲
2021 · -3.1%
Interest coverage
62.81
Debt ≤ 1 year
€516,232▼
2021 · €654,018
Income taxes
€29,287
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €9,415 | - |
| Other operating charges640/8 | - | - | - | €1,614 | €1,412 | ▼ 12.5% |
| Gross operating margin9900 | €36,127 | €16,207 | -€1,993 | -€6,228 | €114,655 | ▲ 1,941% |
| Operating profit (loss)9901 | €34,415 | €14,638 | -€3,616 | -€7,842 | €103,827 | ▲ 1,424% |
| Recurring financial income75 | €715 | €1,226 | €2 | - | - | - |
| Financial charges65/66B | - | - | - | €4,160 | €1,803 | ▼ 56.7% |
| Recurring financial charges65 | €4,016 | €4,103 | €3,981 | €4,160 | €1,803 | ▼ 56.7% |
| Profit (loss) for the period before taxes9903 | €31,114 | €11,761 | -€7,595 | -€12,003 | €102,025 | ▲ 950% |
| Income taxes67/77 | €9,972 | €4,444 | - | - | €29,287 | - |
| Profit (loss) for the period9904 | €21,142 | €7,317 | -€7,595 | -€12,003 | €72,738 | ▲ 706% |
| Profit (loss) for the period to be appropriated9905 | €21,142 | €7,317 | -€7,595 | -€12,003 | €72,738 | ▲ 706% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €995,248 | €988,972 | €1.0m | €980,293 | ▼ 6.2% |
| Fixed assets21/28 | €45,000 | €45,000 | €45,000 | €45,000 | €158,735 | ▲ 253% |
| Tangible fixed assets22/27 | - | - | - | - | €113,735 | - |
| Land and buildings22 | - | - | - | - | €104,582 | - |
| Furniture and vehicles24 | - | - | - | - | €9,153 | - |
| Financial fixed assets28 | €45,000 | €45,000 | €45,000 | €45,000 | €45,000 | = |
| Current assets29/58 | €1.1m | €950,248 | €943,972 | €1.0m | €821,558 | ▼ 17.9% |
| Stocks and contracts in progress3 | €256,506 | €256,506 | €256,506 | €256,506 | - | - |
| Stocks30/36 | - | - | - | €256,506 | - | - |
| Amounts receivable within one year40/41 | €736,471 | €641,613 | €643,788 | €732,002 | €565,861 | ▼ 22.7% |
| Trade receivables40 | - | - | - | - | €2,027 | - |
| Other amounts receivable41 | - | - | - | €732,002 | €563,834 | ▼ 23.0% |
| Cash at bank and in hand54/58 | €145,786 | €51,634 | €43,435 | €11,583 | €255,447 | ▲ 2,105% |
| Deferred charges and accrued income490/1 | - | - | - | €249 | €249 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €995,248 | €988,972 | €1.0m | €980,293 | ▼ 6.2% |
| Equity10/15 | €403,604 | €410,921 | €403,326 | €391,323 | €464,061 | ▲ 18.6% |
| Contributions10/11 | €200,000 | €200,000 | €200,000 | €200,000 | €220,000 | ▲ 10.0% |
| Capital10 | - | - | - | €200,000 | - | - |
| Issued capital100 | - | - | - | €200,000 | - | - |
| Reserves13 | €20,000 | €27,317 | €27,317 | €27,317 | €80,054 | ▲ 193% |
| Non-distributable reserves130/1 | - | - | - | €20,000 | - | - |
| Legal reserve130 | - | - | - | €20,000 | - | - |
| Distributable reserves133 | - | - | - | €7,317 | €80,054 | ▲ 994% |
| Profit (loss) carried forward14 | €183,604 | €183,604 | €176,009 | €164,006 | €164,006 | = |
| Amounts payable17/49 | €780,986 | €584,328 | €585,646 | €654,018 | €516,232 | ▼ 21.1% |
| Amounts payable within one year42/48 | €780,986 | €584,328 | €585,646 | €654,018 | €516,232 | ▼ 21.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €170,000 | - | - |
| Trade debts44 | €333,078 | €329,389 | €329,410 | €327,210 | €327,945 | ▲ 0.2% |
| Suppliers440/4 | - | - | - | €327,210 | €327,945 | ▲ 0.2% |
| Taxes, remuneration and social security45 | - | - | - | - | €29,287 | - |
| Taxes450/3 | - | - | - | - | €29,287 | - |
| Other amounts payable47/48 | - | - | - | €156,808 | €159,000 | ▲ 1.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,142 | €7,317 | -€7,595 | -€12,003 | €72,738 | ▲ 706% |
| + Depreciation and write-downs630 | - | - | - | - | €9,415 | - |
| Operating cash flow (approximation) | €21,142 | €7,317 | -€7,595 | -€12,003 | €82,153 | ▲ 784% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€123,150 | - |
| Change in cash | - | -€94,152 | -€8,199 | -€31,852 | €243,864 | ▲ 866% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
29-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 213 days late
2022
31-12
Financial
Back to profitnet €72,738
Net result €72,738 after 2 loss-making years.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
31-12
Financial
Weakest financial yearnet -€12,003
Net result drops to -€12,003, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 210 days late
2019
17-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 78 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
30-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 456 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Maldegem · 1 establishment unit since 2013
Ground area
241 m²
Building footprint
121 m²
Volume, LiDAR
1,077 m³
Parcel 43010G0282/00L002, Flanders · tallest building 12.9 m, ±3 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Kerckaert-Vande Rostyne BVBA
since 20132.224.065.884
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43010G0282/00L002 | Flanders | 241 m² | 1 · 121 m² | 12.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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 9,695 companies in sector 68121 we hold annual accounts for 7,392. 4,783 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-09-2013
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
64210Activities of holding companies
68110Buying and selling of own real estate
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0537909540
Also
9925:BE0537909540
Registered
31-10-2023
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.