Kerstens
ActiveKerstens has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €75k and a net result of €47k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 77% of 9450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+47
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.5 against 0.69 in 2024; short-term debt: 20.7% and cash: 15.8% of total assets), and 20.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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 · 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
79.3%
Return on assets
49.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €75k
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
25 d late
2024
94 d early
2023
167 d early
2022
38 d early
2021
16 d early
2020
47 d early
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€75k▲ 167%
2024 · €28k
2020: €28k
2021: €212k
2022: €306k
2023: €38k
2024: €28k
2020 → 2025
Total assets
€95k▼ 7.0%
2024 · €102k
2020: €49k
2021: €299k
2022: €347k
2023: €444k
2024: €102k
2020 → 2025
Net result
€47k▼ 13.1%
2024 · €54k
2020: €28k
2021: €184k
2022: €94k
2023: €92k
2024: €54k
2020 → 2025
Working capital
€29k
2024 · €-23k
2020: €21k
2021: €185k
2022: €258k
2023: €-13k
2024: €-23k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€212k-€306k▲ 44.3%€38k▼ 87.6%€28k▼ 25.6%€75k▲ 167%
Operating result€240k-€122k▼ 49.4%€120k▼ 1.0%€73k▼ 39.7%€66k▼ 9.6%
Net result€184k-€94k▼ 48.9%€92k▼ 2.1%€54k▼ 41.0%€47k▼ 13.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 10% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95k
Fixed assets
€46k▼ 10.1%
Current assets
€49k▼ 3.9%
Equity and liabilities €95k
Equity
€75k▲ 167%
Debt
€20k▼ 73.4%
The debt ratio falls from 72.3% to 20.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€84k▼
2024 · €90k
Cash flow
€66k▼
2024 · €72k
Solvency
79.3%▲
2024 · 27.7%
Current ratio
2.50▲
2024 · 0.69
Quick ratio
2.50▲
2024 · 0.69
Debt / equity
0.26▼
2024 · 2.61
ROE
62.5%▼
2024 · 191.6%
ROA
49.6%▼
2024 · 53.0%
Interest coverage
94.84▼
2024 · 481.33
Debt
€20k▼
2024 · €74k
Debt ≤ 1 year
€20k▼
2024 · €74k
Income taxes
€18k▼
2024 · €18k
Staff costs
€57k▲
2024 · €52k
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€102k€95k▼
Fixed assets21/28€51k€46k▼
Intangible fixed assets21€1k€637▼
Tangible fixed assets22/27€50k€45k▼
Plant, machinery and equipment23€21k€20k▼
Furniture and vehicles24€29k€26k▼
Current assets29/58€51k€49k▼
Amounts receivable within one year40/41€20k€34k▲
Trade receivables40-€10
Other amounts receivable41€20k€34k▲
Cash at bank and in hand54/58€28k€15k▼
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€102k€95k▼
Equity10/15€28k€75k▲
Contributions10/11€1€1=
Reserves13€28k€75k▲
Distributable reserves133€28k€75k▲
Profit (loss) carried forward14€250-
Amounts payable17/49€74k€20k▼
Amounts payable within one year42/48€74k€20k▼
Trade debts44€10k€20k▲
Suppliers440/4€10k€20k▲
Taxes, remuneration and social security45€10k-
Taxes450/3€10k-
Other amounts payable47/48€54k-
Income statement
Code20242025
Remuneration, social security and pensions62€52k€57k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€19k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€144k€143k▼
Operating profit (loss)9901€73k€66k▼
Financial income75/76B€368-
Recurring financial income75€368-
Financial charges65/66B€187€887▲
Recurring financial charges65€187€887▲
Profit (loss) for the period before taxes9903€73k€65k▼
Income taxes67/77€18k€18k▼
Profit (loss) for the period9904€54k€47k▼
Profit (loss) for the period to be appropriated9905€54k€47k▼
Appropriation of the result
Profit (loss) to be appropriated9906€64k€47k▼
Profit (loss) brought forward from the previous period14P€10k€250▼
Transfer to equity691/2-€47k
To other reserves6921-€47k
Profit to be distributed694/7€64k-
Return on contributions (dividend)694€64k-
The notes to these accounts (8 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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 2.50
Current ratio from 0.69 to 2.50; short-term debt falls from €74k to €20k.
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
15-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 7.32
Current ratio from 3.13 to 7.32; short-term debt falls from €87k to €41k.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €184k ▲555%
Operating result €240k, net result €184k, both a record.
31-12
Financial
Equity above €200kEq €212k ▲655%
2 profitable years in a row build equity to €212k.
14-06
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
Registered office, Antwerpen · 2 establishment units 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.
Ankerrui 92000 AntwerpenGround area
2,130 m²
Building footprint
2,133 m²
Volume, LiDAR
39,172 m³
2 parcels, Flanders · tallest building 31.6 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
KERSTENS INTERIOR
since 20192.295.311.493
KERSTENS INTERIOR
since 20192.295.311.592
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B0262/00V000 | Flanders | 1,305 m² | 1 · 1,305 m² | 31.6 m · 6 fl. |
| 11803C1031/00D003 | Flanders | 826 m² | 1 · 828 m² | 27.1 m · 8 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
KA DESIGN
BE 0471.749.602
Ukkel · Eq €76k
MAXIME DE CAMPENAERE STUDIO
BE 0874.806.079
Schaarbeek · Eq €75k
KEUKEN
BE 0719.944.490
Brugge · Eq €75k
MILK AND COOKIES
BE 0859.921.331
Brussel · Eq €76k
Blossom
BE 0764.881.226
Knokke-Heist · Eq €76k
Of 3,920 companies in sector 71112 we hold annual accounts for 1,295. 1,079 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-10-2019
Fiscal year end31-12
Activities, NACEBEL
71112Activities of interior architects
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.