KEVARO
ActiveThe computed 12-month bankruptcy probability of KEVARO is 1.8% (moderate). The annual accounts of KEVARO for fiscal year 2025 show a net loss of 62% of the equity at the start of that year. The 2025 annual accounts show equity of €6k and a net result of €-10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 2526 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability53▼-23
Solvency30▼-6
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.56 against 0.78 in 2024; short-term debt: 38.5% and cash: 15.1% of total assets), and 94.5% 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
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Sector 95
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.5%
Return on assets
-8.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 2526 sector peers (2025).
NBB · sector comparisonPosition among 2526 sector peers
Solvency
better than 21%
← weakest
strongest →
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 24-03-2026, 129 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
129 d early
2024
55 d early
2023
141 d early
2022
76 d early
2021
12 d early
2020
137 d early
2019
99 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 61.9%
2024 · €17k
2019: €17k
2020: €11k
2021: €3k
2022: €4k
2023: €8k
2024: €17k
2019 → 2025
Total assets
€116k▼ 21.0%
2024 · €147k
2019: €18k
2020: €63k
2021: €53k
2022: €52k
2023: €160k
2024: €147k
2019 → 2025
Net result
€-10k
2024 · €8k
2019: €-2k
2020: €-6k
2021: €-8k
2022: €880
2023: €4k
2024: €8k
2019 → 2025
Working capital
€-20k▼ 102%
2024 · €-10k
2019: €17k
2020: €9k
2021: €-5k
2022: €-5k
2023: €-17k
2024: €-10k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€4k▲ 26.4%€8k▲ 99.3%€17k▲ 97.4%€6k▼ 61.9%
Operating result€-7k-€2k€7k▲ 297%€12k▲ 65.9%€-8k
Net result€-8k-€880€4k▲ 375%€8k▲ 95.6%€-10k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €12k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116k
Fixed assets
€91k▼ 19.5%
Current assets
€25k▼ 26.3%
Equity and liabilities €116k
Equity
€6k▼ 61.9%
Debt
€109k▼ 15.8%
The debt ratio rises from 88.7% to 94.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€14k▼
2024 · €34k
Cash flow
€12k▼
2024 · €31k
Solvency
5.5%▼
2024 · 11.3%
Current ratio
0.56▼
2024 · 0.78
Quick ratio
0.52▼
2024 · 0.75
Debt / equity
17.31▲
2024 · 7.85
ROE
-162.2%▼
2024 · 49.4%
ROA
-8.9%▼
2024 · 5.6%
Interest coverage
5.46▼
2024 · 10.34
Debt
€109k▼
2024 · €130k
Debt ≤ 1 year
€45k▲
2024 · €44k
Debt > 1 year
€65k▼
2024 · €86k
Staff costs
€632▲
2024 · €621
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€147k€116k▼
Fixed assets21/28€113k€91k▼
Intangible fixed assets21€79k€64k▼
Tangible fixed assets22/27€34k€27k▼
Plant, machinery and equipment23€1k€231▼
Other tangible fixed assets26€32k€27k▼
Current assets29/58€34k€25k▼
Stocks and contracts in progress3€1k€2k▲
Stocks30/36€1k€2k▲
Amounts receivable within one year40/41€3k€6k▲
Trade receivables40€0-
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€30k€17k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€147k€116k▼
Equity10/15€17k€6k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-2k€-12k▼
Amounts payable17/49€130k€109k▼
Amounts payable after more than one year17€86k€65k▼
Financial debts170/4€86k€65k▼
Amounts payable within one year42/48€44k€45k▲
Current portion of amounts payable after more than one year42€21k€22k▲
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€4k€2k▼
Taxes450/3€4k€2k▼
Other amounts payable47/48€16k€20k▲
Income statement
Code20242025
Remuneration, social security and pensions62€621€632▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€22k▼
Other operating charges640/8€664€677▲
Gross operating margin9900€36k€16k▼
Operating profit (loss)9901€12k€-8k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€8k€-10k▼
Profit (loss) for the period9904€8k€-10k▼
Profit (loss) for the period to be appropriated9905€8k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-12k▼
Profit (loss) brought forward from the previous period14P€-10k€-2k▲
The notes to these accounts (14 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
24-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-10k ▼225%
Net result drops to €-10k, the lowest in the series.
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2019net €8k ▲95.6%
Operating result €12k, net result €8k, both a record.
12-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
16-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €880
Net result €880 after 3 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
23-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Aarschot · 3 establishment units since 2018
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.
Vorsenzang 113200 AarschotGround area
6,742 m²
Building footprint
352 m²
Volume, LiDAR
1,676 m³
3 parcels, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
KEVARO
since 20182.282.607.859
KEVARO
since 20232.345.511.567
KEVARO
since 20262.387.394.385
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24122B0154/00T000 | Flanders | 4,480 m² | 1 · 103 m² | 5.9 m · 1 fl. |
| 12402A0156/00H003 | Flanders | 2,177 m² | 1 · 164 m² | 4.1 m · 1 fl. |
| 24029A0353/00N004 | Flanders | 85 m² | 1 · 85 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,209 companies in sector 95316 we hold annual accounts for 752. 416 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2018
Fiscal year end31-12
Activities, NACEBEL
95316Washing and cleaning of motor vehicles
74901Other professional, scientific and technical activities
74991Agents and managers of artists, athletes and other public figures
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.