KG CV & Sanitair
ActiveKG CV & Sanitair has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €1k. Equity is shrinking by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+47
Solvency58▲+11
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.31 against 1.06 in 2024; short-term debt: 66.6% and cash: 7.3% of total assets), and 66.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
33.4%
Return on assets
1.2%
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
175 d late
2023
68 d late
2022
66 d late
2021
26 d late
2020
88 d late
2019
140 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€31k▲ 3.7%
2024 · €30k
2018: €53k
2019: €45k
2020: €51k
2021: €78k
2022: €51k
2023: €38k
2024: €30k
2018 → 2025
Total assets
€94k▼ 31.7%
2024 · €137k
2018: €122k
2019: €101k
2020: €109k
2021: €143k
2022: €115k
2023: €106k
2024: €137k
2018 → 2025
Net result
€1k
2024 · €-8k
2018: €22k
2019: €-8k
2020: €6k
2021: €27k
2022: €-27k
2023: €-13k
2024: €-8k
2018 → 2025
Working capital
€19k▲ 177%
2024 · €7k
2018: €45k
2019: €39k
2020: €44k
2021: €50k
2022: €30k
2023: €18k
2024: €7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€78k-€51k▼ 35.0%€38k▼ 25.6%€30k▼ 20.0%€31k▲ 3.7%
Operating result€40k-€-25k€-10k▲ 59.5%€-4k▲ 56.2%€3k
Net result€27k-€-27k€-13k▲ 52.5%€-8k▲ 42.0%€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €3k after a loss of €4k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94k
Fixed assets
€12k▼ 48.3%
Current assets
€81k▼ 28.3%
Equity and liabilities €94k
Equity
€31k▲ 3.7%
Debt
€62k▼ 41.7%
The debt ratio falls from 78.0% to 66.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€14k▲
2024 · €4k
Cash flow
€12k▲
2024 · €670
Solvency
33.4%▲
2024 · 22.0%
Current ratio
1.31▲
2024 · 1.06
Quick ratio
1.11▲
2024 · 0.51
Debt / equity
1.99▼
2024 · 3.55
ROE
3.5%▲
2024 · -24.9%
ROA
1.2%▲
2024 · -5.5%
Interest coverage
8.58▲
2024 · 1.27
Debt
€62k▼
2024 · €107k
Debt ≤ 1 year
€62k▼
2024 · €107k
Income taxes
€235▼
2024 · €266
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€137k€94k▼
Fixed assets21/28€24k€12k▼
Tangible fixed assets22/27€24k€12k▼
Furniture and vehicles24€24k€12k▼
Other tangible fixed assets26€0-
Current assets29/58€114k€81k▼
Stocks and contracts in progress3€59k€12k▼
Stocks30/36€35k€12k▼
Contracts in progress37€24k€0▼
Amounts receivable within one year40/41€32k€60k▲
Trade receivables40€14k€58k▲
Other amounts receivable41€18k€1k▼
Cash at bank and in hand54/58€19k€7k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€137k€94k▼
Equity10/15€30k€31k▲
Contributions10/11€12k€12k=
Reserves13€25k€25k=
Distributable reserves133€25k€25k=
Profit (loss) carried forward14€-7k€-6k▲
Amounts payable17/49€107k€62k▼
Amounts payable within one year42/48€107k€62k▼
Trade debts44€106k€61k▼
Suppliers440/4€106k€61k▼
Taxes, remuneration and social security45€1k€481▼
Taxes450/3€1k€481▼
Other amounts payable47/48€0€1k▲
Accrued charges and deferred income492/3€312€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€11k▲
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A-€392
Gross operating margin9900€7k€16k▲
Operating profit (loss)9901€-4k€3k▲
Financial income75/76B€117€32▼
Recurring financial income75€117€32▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-7k€1k▲
Income taxes67/77€266€235▼
Profit (loss) for the period9904€-8k€1k▲
Profit (loss) for the period to be appropriated9905€-8k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-6k▲
Profit (loss) brought forward from the previous period14P-€-7k
Transfer from equity791/2€535€0▼
The notes to these accounts (10 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
22-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 175 days late
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after 3 loss-making years.
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Weakest financial yearnet €-27k ▼203%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Highest result since 2018net €27k ▲310%
Operating result €40k, net result €27k, both a record.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 140 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated 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, Westerlo · 1 establishment unit since 2011
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.
Oosterwijk 732260 WesterloGround area
2,559 m²
Building footprint
129 m²
Volume, LiDAR
784 m³
Parcel 13039B0161/00X003, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KG CV & SANITAIR
since 20112.195.846.012
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13039B0161/00X003 | Flanders | 2,559 m² | 1 · 129 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 · 1,160 EUR awarded · 1,160 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 726 EUR | 726 EUR |
| 2024 | 1 | 434 EUR | 434 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,036 companies in sector 43221 we hold annual accounts for 3,468. 2,749 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-01-2011
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.