Kevin De Ceulaer
ActiveThe computed 12-month bankruptcy probability of Kevin De Ceulaer is 3.6% (moderate). The 2025 annual accounts show negative equity (€-3k) and a net result of €-1k. Equity is shrinking by ~49.9% per year across the filed fiscal years. Its solvency ranks better than 7% of 27787 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
27
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-89
Solvency7▲+4
Growth32▼-26
Track record94
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.82 against 0.82 in 2024; short-term debt: 118.1% and cash: 28.9% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
-18.1%
Return on assets
-6.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
27 d late
2022
3 d late
2021
25 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-3k▼ 56.9%
2024 · €-2k
2021: €267
2022: €820
2023: €-5k
2024: €-2k
2021 → 2025
Total assets
€16k▲ 94.8%
2024 · €8k
2021: €18k
2022: €21k
2023: €12k
2024: €8k
2021 → 2025
Net result
€-1k
2024 · €3k
2021: €267
2022: €553
2023: €-6k
2024: €3k
2021 → 2025
Working capital
€-3k▼ 83.3%
2024 · €-2k
2021: €267
2022: €820
2023: €-5k
2024: €-2k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€267-€820▲ 207%€-5k€-2k▲ 60.7%€-3k▼ 56.9%
Operating result€407-€842▲ 107%€-5k€3k€-829
Net result€267-€553▲ 107%€-6k€3k€-1k
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 €829 after €3k in 2024.
Balance-sheet composition
Assets €16k
Fixed assets
€489
Current assets
€16k
Key figures and ratios
EBITDA
€-768
Cash flow
€-989
Solvency
-18.1%▲
2024 · -22.5%
Current ratio
0.82▲
2024 · 0.82
Quick ratio
0.61▼
2024 · 0.82
Debt / equity
-6.53▼
2024 · -5.45
ROA
-6.6%▼
2024 · 34.7%
Interest coverage
-3.40
Debt
€19k▲
2024 · €10k
Debt ≤ 1 year
€19k▲
2024 · €10k
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€8k€16k▲
Fixed assets21/28-€489
Tangible fixed assets22/27-€489
Plant, machinery and equipment23-€489
Current assets29/58€8k€16k▲
Stocks and contracts in progress3-€4k
Stocks30/36-€4k
Amounts receivable within one year40/41€6k€7k▲
Trade receivables40€5k€2k▼
Other amounts receivable41€1k€4k▲
Cash at bank and in hand54/58€1k€5k▲
Deferred charges and accrued income490/1€998-
Equity and liabilities
Total equity and liabilities10/49€8k€16k▲
Equity10/15€-2k€-3k▼
Profit (loss) carried forward14€-2k€-3k▼
Amounts payable17/49€10k€19k▲
Amounts payable within one year42/48€10k€19k▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45-€998
Taxes450/3-€998
Other amounts payable47/48€6k€16k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€61
Other operating charges640/8€387€3k▲
Gross operating margin9900€4k€2k▼
Operating profit (loss)9901€3k€-829▼
Financial income75/76B€0€5▲
Recurring financial income75€0€5▲
Financial charges65/66B€564€226▼
Recurring financial charges65€564€226▼
Profit (loss) for the period before taxes9903€3k€-1k▼
Profit (loss) for the period9904€3k€-1k▼
Profit (loss) for the period to be appropriated9905€3k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€-3k▼
Profit (loss) brought forward from the previous period14P€-5k€-2k▲
The notes to these accounts (4 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Weakest financial yearnet €-6k ▼1097%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
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, Haacht · 1 establishment unit since 2020
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.
M. Francisstraat(WSP) 153150 HaachtGround area
898 m²
Building footprint
200 m²
Volume, LiDAR
929 m³
2 parcels, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Kevin De Ceulaer
since 20202.310.998.076
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24122A0230/00N005 | Flanders | 532 m² | 1 · 82 m² | 7.5 m · 2 fl. |
| 24122A0001/00A005 | Flanders | 366 m² | 1 · 118 m² | 10.6 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHaacht2.310.998.076
Similar companies · same sector, comparable size
KM WOOD
BE 0797.290.807
Zaventem · Eq €814
GEMINE MENUISIER
BE 1019.284.908
Eghezée · Eq €832
BRUNATES
BE 1009.597.873
Izegem · Eq €799
Schrijnwerkerij D. De Trift
BE 0761.953.608
Halle · Eq €853
HM Line
BE 1011.008.333
Zottegem · Eq €873
Of 20,026 companies in sector 43320 we hold annual accounts for 9,137. 669 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-12-2020
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
43331Floor and wall tiling
43332Laying of wooden floor and wall coverings
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.