KEROBE
ActiveKEROBE has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.29M and a net result of €278k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 38% of 434 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+31
Solvency54▼-6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €420k at 30 days acceptable
Liquidity ample (current ratio 2.66 against 2.84 in 2024; short-term debt: 15.7% and cash: 1.1% of total assets), but 70.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← 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
29.4%
Return on assets
1.3%
Age of the figures
9 mo
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 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
28 d early
2022
11 d early
2021
2 d early
2020
92 d late
2019
70 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€278k
2024 · €-385k
2018: €-90k
2019: €361k
2020: €412k
2021: €-53k
2022: €297k
2023: €107k
2024: €-385k
2018 → 2025
Working capital
€5.58M▲ 28.5%
2024 · €4.34M
2018: €1.06M
2019: €1.63M
2020: €1.75M
2021: €1.29M
2022: €3.80M
2023: €2.37M
2024: €4.34M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5.99M-€6.29M▲ 5.0%€6.40M▲ 1.7%€6.01M▼ 6.0%€6.29M▲ 4.6%
Operating result€1k-€540k▲ 43,402%€346k▼ 35.9%€-156k€437k
Net result€-53k-€297k€107k▼ 64.0%€-385k€278k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €437k after a loss of €156k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21.41M
Fixed assets
€12.48M▲ 20.0%
Current assets
€8.93M▲ 33.4%
Equity and liabilities €21.41M
Equity
€6.29M▲ 4.6%
Debt
€15.12M▲ 36.5%
The debt ratio rises from 64.8% to 70.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.15M▲
2024 · €492k
Cash flow
€987k▲
2024 · €264k
Solvency
29.4%▼
2024 · 35.2%
Current ratio
2.66▼
2024 · 2.84
Quick ratio
0.20▼
2024 · 0.49
Debt / equity
2.40▲
2024 · 1.84
ROE
4.4%▲
2024 · -6.4%
ROA
1.3%▲
2024 · -2.2%
Interest coverage
5.02▲
2024 · 1.84
Debt
€15.12M▲
2024 · €11.08M
Debt ≤ 1 year
€3.35M▲
2024 · €2.35M
Debt > 1 year
€11.72M▲
2024 · €8.71M
Income taxes
€196▼
2024 · €410
Staff costs
€6k▲
2024 · €5k
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€17.09M€21.41M▲
Fixed assets21/28€10.40M€12.48M▲
Tangible fixed assets22/27€10.39M€12.47M▲
Land and buildings22€10.09M€12.18M▲
Plant, machinery and equipment23€179€0▼
Furniture and vehicles24€299k€288k▼
Financial fixed assets28€12k€9k▼
Current assets29/58€6.69M€8.93M▲
Stocks and contracts in progress3€5.54M€8.25M▲
Stocks30/36€5.54M€8.25M▲
Amounts receivable within one year40/41€487k€246k▼
Trade receivables40€47k€39k▼
Other amounts receivable41€440k€207k▼
Current investments50/53€391k€189k▼
Cash at bank and in hand54/58€270k€243k▼
Deferred charges and accrued income490/1€3k€5k▲
Equity and liabilities
Total equity and liabilities10/49€17.09M€21.41M▲
Equity10/15€6.01M€6.29M▲
Contributions10/11€3.38M€3.38M=
Capital10€3.38M€3.38M=
Issued capital100€3.38M€3.38M=
Reserves13€2.15M€2.12M▼
Non-distributable reserves130/1€338k€338k=
Legal reserve130€338k€338k=
Tax-exempt reserves132€908k€887k▼
Distributable reserves133€900k€900k=
Profit (loss) carried forward14€487k€786k▲
Amounts payable17/49€11.08M€15.12M▲
Amounts payable after more than one year17€8.71M€11.72M▲
Financial debts170/4€8.71M€11.72M▲
Amounts payable within one year42/48€2.35M€3.35M▲
Current portion of amounts payable after more than one year42€253k€341k▲
Financial debts43€600k€600k=
Credit institutions430/8€600k€600k=
Trade debts44€41k€80k▲
Suppliers440/4€41k€80k▲
Taxes, remuneration and social security45€40k€12k▼
Taxes450/3€39k€12k▼
Remuneration and social security454/9€937€832▼
Other amounts payable47/48€1.42M€2.32M▲
Accrued charges and deferred income492/3€17k€46k▲
Income statement
Code20242025
Remuneration, social security and pensions62€5k€6k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€648k€710k▲
Other operating charges640/8€69k€58k▼
Gross operating margin9900€567k€1.21M▲
Operating profit (loss)9901€-156k€437k▲
Financial income75/76B€40k€69k▲
Recurring financial income75€40k€69k▲
Financial charges65/66B€268k€228k▼
Recurring financial charges65€268k€228k▼
Profit (loss) for the period before taxes9903€-384k€278k▲
Income taxes67/77€410€196▼
Profit (loss) for the period9904€-385k€278k▲
Transfer from tax-exempt reserves789€22k€22k=
Profit (loss) for the period to be appropriated9905€-363k€299k▲
Appropriation of the result
Profit (loss) to be appropriated9906€487k€786k▲
Profit (loss) brought forward from the previous period14P€850k€487k▼
Social balance
Average headcount (FTE)90870.10.1=
The notes to these accounts (19 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
07-08
State Gazette act
Capital & shares · Purpose · RestructuringGeneral meeting · Merger · Accounting effect5 facts ▸
State Gazette act
Capital & shares · Purpose · Restructuring
General meeting · Merger · Accounting effect5 facts ▸
- General meeting, 24/06/2026
- Merger, 24/06/2026
- Accounting effect, 01/01/2026
- Purpose change, Uitbreiding van het voorwerp ... g) het kopen, verkopen, huren of verhuren ... van kunstvoorwerpen ... h) het uitvoeren van alle activiteiten in verband met de…
- Approval, goedkeuring van de jaarrekening
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €278k
Net result €278k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-385k ▼459%
Net result drops to €-385k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €297k
Net result €297k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 4.65
Current ratio from 1.61 to 4.65; short-term debt falls from €2.12M to €1.04M.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
31-12
Financial
Highest result since 2018net €412k ▲14.3%
Net result €412k, the highest in the series.
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
31-12
Financial
Back to profitnet €361k
Net result €361k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Knokke-Heist · 1 establishment unit since 1991
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.
Zeedijk-Knokke 783-7858300 Knokke-HeistGround area
3,619 m²
Building footprint
3,148 m²
Volume, LiDAR
70,079 m³
Parcel 31013A0767/00G000, Flanders · tallest building 43.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
KEROBE
since 19912.049.614.255
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013A0767/00G000 | Flanders | 3,619 m² | 1 · 3,148 m² | 43.4 m · 7 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.
Structure & network
Acquisitions and mergers
1 transactionTook over:OSWALD PETERS, GENEESHEER-INTERNIST
Recognitions · licences · registrations
Legal Entity Identifier
894500IAOZEKZN6OOH42
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Of 233 companies in sector 77221 we hold annual accounts for 125. 30 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded30-06-1990
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
71401
77221Rental and leasing activities
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.