Active BE 0786.759.773Public limited company

Kesselhof

Gestelhof 9 ·2590 Berlaar, Belgium· 4 yrs active

Sector: Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen (68201)

Conclusion Checked

The computed 12-month bankruptcy probability of Kesselhof is 0.6% (low). The 2024 annual accounts show equity of €8.80M and a net result of €-58k. Its solvency ranks better than 90% of 1703 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€8.80M
Net result	€-58k
Better than sector	90%
Active	4 yrs

Financial profile 5 of 5 axes measured · computed by Checked

50 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 30

Profitability 0

Solvency 67

Growth 58

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

0.6% Low

0%0,5%1,5%4%10%≥25%

Young company +Lower-failure-rate sector −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

30 / 100 Weak

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 05-06-2025 with the NBB · fiscal year 2024 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	83.7%	14.3%	better than 90% of 1703 sector peers
Net result	€-58k	€0	better than 21% of 1699 sector peers
Equity	€8.80M	€108k	better than 95% of 1703 sector peers
Gross operating margin	€-39k	€51k	better than 8% of 1700 sector peers
Total assets	€10.52M	€1.50M	better than 89% of 1703 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-52k

-202.0% 23-24

Net profit

€-58k

+90.8% 23-24

Cash flow

€-54k

-165.5% 23-24

Total assets

€10.52M

0.0% 23-24

Equity

€8.80M

-0.7% 23-24

Working capital

€-1.71M

-5.1% 23-24

Debt

€1.71M

+3.7% 23-24

Debt ≤ 1y

€1.71M

+3.7% 23-24

Show 7 other metrics

Current ratio

0.00

-95.5% 23-24

Quick ratio

0.00

-95.5% 23-24

Solvency

83.7%

-0.7% 23-24

Debt / equity

0.19

+4.4% 23-24

ROE

-0.7%

+90.8% 23-24

ROA

-0.6%

+90.8% 23-24

Interest coverage

-29.55

-419.5% 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	-
EBITDA	€-52k
Net profit	€-58k
Cash flow	€-54k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€10.52M
Equity	€8.80M
Debt	€1.71M
of which ≤ 1y	€1.71M
of which > 1y	-
Working capital	€-1.71M
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.00
Quick ratio	0.00
Working capital ratio	-16.3%
Solvency	83.7%
Debt / equity	0.19
Long-term debt ratio	-
Interest coverage	-29.55
Gross margin	-
Net margin	-
ROA	-0.6%
ROE	-0.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €10.51M · 100.0% Current assets €1k · 0.0%

Equity & liabilities

Equity €8.80M · 83.7% Debt €1.71M · 16.3%

Full annual accounts (19 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€10.52M
Fixed assets	21/28	€10.51M
Formation expenses	20	€2k
Tangible fixed assets	22/27	€10.51M
Current assets	29/58	€1k
Cash & bank	54/58	€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€10.52M
Equity	10/15	€8.80M
Contributions / capital	10/11	€9.50M
Accumulated profits (losses)	14	€-695k
Amounts payable	17/49	€1.71M
Amounts payable within one year	42/48	€1.71M
Trade debts payable within one year	44	€1k
Income statement
Gross operating margin	9900	€-39k
Operating result	9901	€-57k
Financial charges	65	€2k
Result before taxes	9903	€-58k
Net result for the period	9904	€-58k
Result to be appropriated	9905	€-58k

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen(68201)
Legal form	Public limited company(014)
Incorporation	02-06-2022
Status	Active
Postal code	2590

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12502A0098/00C000 ProtectedMonument · Townscape or village viewKasteel GestelhofSource ↗	Flanders	981 m²	1 · 617 m²	19.6 m · 5 fl.

Methodology

via registered seat: 1

1 of 1 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).

Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

05-06-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

2024

10-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

Belgian State Gazette reading coverage 0 of 1 acts read

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.

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen68201

Primary activity highlighted.

Names & trade names

Legal nameNL

Kesselhof

Registered office

Gestelhof 9

2590 Berlaar, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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