KETILL
ActiveSummary
KETILL has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €707,082 and a net result of €481,438. Equity is growing by ~112% per year across the filed fiscal years. Its solvency ranks better than 34% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability99▼-1
Solvency61▼-34
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55,000 at 30 days acceptable
Liquidity ample (current ratio 1.55 against 5.9 in 2024; short-term debt: 51.2% and cash: 53% of total assets), but 64.2% of the assets are financed with debt.
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Signals
Four 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
35.8%
Return on assets
24.4%
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 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
31 d early
2024
1 d early
2023
2 d early
2022
27 d early
2021
19 d early
2020
5 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€707,082▼ 23.6%
2024 · €925,644
Total assets
€2.0m▲ 50.2%
2024 · €1.3m
Net result
€481,438▼ 2.6%
2024 · €494,104
Working capital
€555,338▼ 36.6%
2024 · €875,429
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€58,282▲ 19.9%€162,509▲ 179%€408,128▲ 151%€716,317▲ 75.5%€730,760▲ 2.0%
Net result€44,082▲ 22.4%€96,123▲ 118%€251,115▲ 161%€494,104▲ 96.8%€481,438▼ 2.6%
Equity€85,102▲ 107%€180,425▲ 112%€431,540▲ 139%€925,644▲ 114%€707,082▼ 23.6%
Total assets€199,213▲ 124%€305,475▲ 53.3%€598,413▲ 95.9%€1.3m▲ 120%€2.0m▲ 50.2%
Debt€114,111▲ 139%€125,051▲ 9.6%€166,873▲ 33.4%€388,751▲ 133%€1.3m▲ 226%
Working capital€59,368▲ 93.8%€163,555▲ 175%€413,077▲ 153%€875,429▲ 112%€555,338▼ 36.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 2% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets
€408,024 ▲ 56.7%
Current assets
€1.6m ▲ 48.6%
Equity and liabilities €2.0m
Equity
€707,082 ▼ 23.6%
Debt
€1.3m ▲ 226%
Debt's share of the balance-sheet total rises from 29.6% to 64.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€761,293▲
2024 · €738,895
Cash flow
€511,971▼
2024 · €516,682
Current ratio
1.55▼
2024 · 5.90
Debt to equity
1.79▲
2024 · 0.42
ROE
68.1%▲
2024 · 53.4%
ROA
24.4%▼
2024 · 37.6%
Interest coverage
7.73▼
2024 · 10.93
Debt ≤ 1 year
€1.0m▲
2024 · €178,523
Debt > 1 year
€256,280▲
2024 · €210,227
Income taxes
€156,131▲
2024 · €154,822
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,776 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
2.6%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
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%.
| 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 6,776 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,787 | €21,516 | €18,060 | €22,578 | €30,533 | ▲ 35.2% |
| Other operating charges640/8 | €862 | €1,338 | €1,183 | €1,394 | €1,477 | ▲ 5.9% |
| Non-recurring operating charges66A | - | - | €272 | €0 | - | - |
| Gross operating margin9900 | €71,932 | €185,364 | €427,643 | €740,289 | €762,770 | ▲ 3.0% |
| Operating profit (loss)9901 | €58,282 | €162,509 | €408,128 | €716,317 | €730,760 | ▲ 2.0% |
| Financial income75/76B | €0 | €0 | €394 | €218 | €5,296 | ▲ 2,335% |
| Recurring financial income75 | €0 | €0 | €394 | €218 | €5,296 | ▲ 2,335% |
| Financial charges65/66B | €506 | €40,888 | €78,142 | €67,609 | €98,487 | ▲ 45.7% |
| Recurring financial charges65 | €506 | €40,888 | €78,142 | €67,609 | €98,487 | ▲ 45.7% |
| Profit (loss) for the period before taxes9903 | €57,777 | €121,622 | €330,380 | €648,926 | €637,570 | ▼ 1.7% |
| Income taxes67/77 | €13,695 | €25,499 | €79,265 | €154,822 | €156,131 | ▲ 0.8% |
| Profit (loss) for the period9904 | €44,082 | €96,123 | €251,115 | €494,104 | €481,438 | ▼ 2.6% |
| Profit (loss) for the period to be appropriated9905 | €44,082 | €96,123 | €251,115 | €494,104 | €481,438 | ▼ 2.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €199,213 | €305,475 | €598,413 | €1.3m | €2.0m | ▲ 50.2% |
| Fixed assets21/28 | €70,182 | €45,449 | €41,276 | €260,442 | €408,024 | ▲ 56.7% |
| Tangible fixed assets22/27 | €70,182 | €45,449 | €41,276 | €260,442 | €408,024 | ▲ 56.7% |
| Land and buildings22 | - | - | - | €235,992 | €227,032 | ▼ 3.8% |
| Plant, machinery and equipment23 | €1,827 | €6,439 | €3,597 | €3,479 | €1,786 | ▼ 48.7% |
| Furniture and vehicles24 | €68,356 | €39,010 | €37,680 | €20,971 | €171,845 | ▲ 719% |
| Other tangible fixed assets26 | - | - | - | - | €7,360 | - |
| Current assets29/58 | €129,031 | €260,027 | €557,137 | €1.1m | €1.6m | ▲ 48.6% |
| Amounts receivable within one year40/41 | €1,754 | €1,224 | €1,735 | €51,735 | €110,448 | ▲ 113% |
| Trade receivables40 | - | €1,182 | €0 | €50,000 | €109,470 | ▲ 119% |
| Other amounts receivable41 | €1,754 | €42 | €1,735 | €1,735 | €978 | ▼ 43.7% |
| Current investments50/53 | - | - | - | - | €400,000 | - |
| Cash at bank and in hand54/58 | €125,297 | €257,301 | €532,464 | €999,188 | €1.0m | ▲ 4.7% |
| Deferred charges and accrued income490/1 | €1,980 | €1,501 | €22,937 | €3,029 | €9,321 | ▲ 208% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €199,213 | €305,475 | €598,413 | €1.3m | €2.0m | ▲ 50.2% |
| Equity10/15 | €85,102 | €180,425 | €431,540 | €925,644 | €707,082 | ▼ 23.6% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €80,102 | €175,425 | €426,540 | €920,644 | €702,082 | ▼ 23.7% |
| Amounts payable17/49 | €114,111 | €125,051 | €166,873 | €388,751 | €1.3m | ▲ 226% |
| Amounts payable after more than one year17 | €44,448 | €28,579 | €18,910 | €210,227 | €256,280 | ▲ 21.9% |
| Financial debts170/4 | €44,448 | €28,579 | €18,910 | €210,227 | €256,280 | ▲ 21.9% |
| Amounts payable within one year42/48 | €69,663 | €96,472 | €144,059 | €178,523 | €1.0m | ▲ 466% |
| Current portion of amounts payable after more than one year42 | €18,818 | €9,537 | €9,669 | €20,956 | €33,274 | ▲ 58.8% |
| Trade debts44 | €11,325 | €3,065 | €1,014 | €4,415 | €16,939 | ▲ 284% |
| Suppliers440/4 | €11,325 | €3,065 | €1,014 | €4,415 | €16,939 | ▲ 284% |
| Advances received on contracts in progress46 | €13,100 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €25,682 | €48,640 | €31,993 | €59,006 | €111,523 | ▲ 89.0% |
| Taxes450/3 | €25,682 | €48,640 | €31,993 | €59,006 | €111,523 | ▲ 89.0% |
| Other amounts payable47/48 | €738 | €35,230 | €101,383 | €94,147 | €848,949 | ▲ 802% |
| Accrued charges and deferred income492/3 | - | - | €3,904 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,082 | €96,123 | €251,115 | €494,104 | €481,438 | ▼ 2.6% |
| + Depreciation and write-downs630 | €12,787 | €21,516 | €18,060 | €22,578 | €30,533 | ▲ 35.2% |
| Operating cash flow (approximation) | €56,869 | €117,639 | €269,176 | €516,682 | €511,971 | ▼ 0.9% |
| Investment in fixed assets (approximation) | - | €3,217 | -€13,888 | -€241,744 | -€178,115 | ▲ 26.3% |
| Change in cash | - | €132,004 | €275,163 | €466,724 | €47,066 | ▼ 89.9% |
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
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €494,104 ▲96.8%
Net result €494,104, the highest in the series.
31-12
Financial
Equity above €500,000Eq €925,644 ▲114%
5 profitable years in a row build equity to €925,644.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200,000Eq €431,540 ▲139%
4 profitable years in a row build equity to €431,540.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150,000Eq €180,425 ▲112%
3 profitable years in a row build equity to €180,425.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
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.
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.
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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, Pajottegem · 1 establishment unit since 2019
Ground area
293 m²
Building footprint
139 m²
Volume, LiDAR
369 m³
Parcel 23042B0024/00S000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
KETILL
since 20192.290.949.661
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23042B0024/00S000 | Flanders | 293 m² | 1 · 139 m² | 6.3 m · 1 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 273 EUR awarded · 273 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 273 EUR |
| 2024 | 1 | 273 EUR | 0 EUR |
Recognitions · licences · registrations
Legal Entity Identifier
2549007XY6B81A8EG165
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 31,480 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
Founded25-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0728830482
Also
9925:BE0728830482
Registered
20-10-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.