Skip to content

Kerghellen

Active
Private limited companyfounded 20251 yr activeDennenlaan 8, 3080 Tervuren, BelgiumKBO/BCE: BE 1023.669.308
Summary

The computed 12-month bankruptcy probability of Kerghellen is 1.5% (moderate). The 2025 annual accounts show equity of €147,529 and a net result of €145,029. The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.63; short-term debt: 22% and cash: 18.3% of total assets), and 22% of the assets are financed with debt.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
78%
Return on assets
76.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
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 23 May 2025, Kerghellen was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

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

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€147,529
Total assets
€189,051
Net result
€145,029
Working capital
€109,017

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €189,051
Fixed assets €38,512
Current assets €150,540
Equity and liabilities €189,051
Equity €147,529
Debt €41,523
Debt finances 22.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€210,855
Cash flow
€148,524
Current ratio
3.63
Debt to equity
0.28
ROE
98.3%
ROA
76.7%
Interest coverage
9199.59
Debt ≤ 1 year
€41,523
Income taxes
€62,307

Peer companies

Historical observation

Of the 11,279 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.5% 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 497,058 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% 1.6%
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 74% 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 11,279 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 · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€189,051
Fixed assets21/28€38,512
Tangible fixed assets22/27€38,512
Land and buildings22€1,448
Furniture and vehicles24€37,064
Current assets29/58€150,540
Amounts receivable within one year40/41€115,413
Trade receivables40€115,413
Cash at bank and in hand54/58€34,569
Deferred charges and accrued income490/1€557
Equity and liabilities
Total equity and liabilities10/49€189,051
Equity10/15€147,529
Contributions10/11€2,500
Reserves13€145,029
Distributable reserves133€145,029
Amounts payable17/49€41,523
Amounts payable within one year42/48€41,523
Trade debts44€6,988
Suppliers440/4€6,988
Taxes, remuneration and social security45€15,400
Taxes450/3€13,191
Remuneration and social security454/9€2,209
Other amounts payable47/48€19,135
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,496
Other operating charges640/8€400
Gross operating margin9900€211,254
Operating profit (loss)9901€207,359
Financial charges65/66B€23
Recurring financial charges65€23
Profit (loss) for the period before taxes9903€207,336
Income taxes67/77€62,307
Profit (loss) for the period9904€145,029
Profit (loss) for the period to be appropriated9905€145,029
Appropriation of the result
Profit (loss) to be appropriated9906€145,029
Transfer to equity691/2€145,029
To other reserves6921€145,029

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,496
Other operating charges640/8€400
Gross operating margin9900€211,254
Operating profit (loss)9901€207,359
Financial charges65/66B€23
Recurring financial charges65€23
Profit (loss) for the period before taxes9903€207,336
Income taxes67/77€62,307
Profit (loss) for the period9904€145,029
Profit (loss) for the period to be appropriated9905€145,029
Line2025
Assets
Total assets20/58€189,051
Fixed assets21/28€38,512
Tangible fixed assets22/27€38,512
Land and buildings22€1,448
Furniture and vehicles24€37,064
Current assets29/58€150,540
Amounts receivable within one year40/41€115,413
Trade receivables40€115,413
Cash at bank and in hand54/58€34,569
Deferred charges and accrued income490/1€557
Equity and liabilities
Total equity and liabilities10/49€189,051
Equity10/15€147,529
Contributions10/11€2,500
Reserves13€145,029
Distributable reserves133€145,029
Amounts payable17/49€41,523
Amounts payable within one year42/48€41,523
Trade debts44€6,988
Suppliers440/4€6,988
Taxes, remuneration and social security45€15,400
Taxes450/3€13,191
Remuneration and social security454/9€2,209
Other amounts payable47/48€19,135
Line2025
Profit (loss) for the period9904€145,029
+ Depreciation and write-downs630€3,496
Operating cash flow (approximation)€148,524

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Tervuren · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
2,206 m²
Building footprint
243 m²
Volume, LiDAR
1,385 m³
Parcel 24302F0034/00R002, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kerghellen
Dennenlaan 8, 3080 TervurenInsurance agents and brokers
since 20252.374.368.275
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24302F0034/00R002 Flanders 2,206 m² 1 · 243 m² 8.9 m · 2 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded23-05-2025
Fiscal year end31-12
Contact
E-mail adg@bbroker.be
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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