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KG&P

Active
Private limited companyfounded 201016 yrs activeMeerstraat 16, 3320 Hoegaarden, BelgiumKBO/BCE: BE 0824.506.928

KG&P has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €24k and a net result of €422. Equity is growing by ~35.3% per year across the filed fiscal years. Its solvency ranks better than 79% of 37971 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
81 / 100
Excellent▼ -12 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability9▼-91
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 4.79 against 2.92 in 2023), and 17.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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
Sector 70
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
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 2024
Solvency, return and age of the figures
Solvency
82.7%
Return on assets
1.5%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-07-2025, 26 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
26 d early
2023
30 d late
2022
28 d late
2021
18 d early
2020
17 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€24k▲ 1.8%
2023 · €23k
2020: €-3k 2021: €11k 2022: €17k 2023: €23k
2020 → 2024
Total assets
€28k▼ 18.9%
2023 · €35k
2020: €27k 2021: €46k 2022: €69k 2023: €35k
2020 → 2024
Net result
€422▼ 92.7%
2023 · €6k
2020: €7k 2021: €14k 2022: €6k 2023: €6k
2020 → 2024
Working capital
€19k▼ 16.8%
2023 · €22k
2020: €-5k 2021: €11k 2022: €39k 2023: €22k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€-3k-€11k€17k▲ 56.5%€23k▲ 33.1%€24k▲ 1.8%
Operating result€7k-€20k▲ 196%€9k▼ 54.0%€11k▲ 21.7%€3k▼ 75.3%
Net result€7k-€14k▲ 98.1%€6k▼ 55.6%€6k▼ 8.3%€422▼ 92.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20kOperating result 2020: €7k€7kNet result 2020: €7k€7kOperating result 2021: €20k€20kNet result 2021: €14k€14kOperating result 2022: €9k€9kNet result 2022: €6k€6kOperating result 2023: €11k€11kNet result 2023: €6k€6kOperating result 2024: €3k€3kNet result 2024: €422€42220202021202220232024
The operating result falls in 2024; 2024 is 75% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €28k
Fixed assets €5k▲ 406%
Current assets €24k▼ 30.9%
Equity and liabilities €28k
Equity €24k▲ 1.8%
Debt €5k▼ 58.9%
The debt ratio falls from 34.1% to 17.3%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€3k
2023 · €12k
Cash flow
€863
2023 · €6k
Solvency
82.7%
2023 · 65.9%
Current ratio
4.79
2023 · 2.92
Quick ratio
4.79
2023 · 2.92
Debt / equity
0.21
2023 · 0.52
ROE
1.8%
2023 · 24.9%
ROA
1.5%
2023 · 16.4%
Interest coverage
2.37
2023 · 18.08
Debt
€5k
2023 · €12k
Debt ≤ 1 year
€5k
2023 · €12k
Income taxes
€1k
2023 · €5k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€35k€28k
Fixed assets21/28€963€5k
Tangible fixed assets22/27€963€5k
Land and buildings22€804€536
Plant, machinery and equipment23-€2k
Furniture and vehicles24€159€3k
Current assets29/58€34k€24k
Amounts receivable within one year40/41€29k€12k
Trade receivables40€11k€7k
Other amounts receivable41€19k€5k
Cash at bank and in hand54/58€5k€8k
Deferred charges and accrued income490/1€52€3k
Equity and liabilities
Total equity and liabilities10/49€35k€28k
Equity10/15€23k€24k
Contributions10/11€2k€2k=
Reserves13€22k€22k
Distributable reserves133€22k€22k
Amounts payable17/49€12k€5k
Amounts payable within one year42/48€12k€5k
Current portion of amounts payable after more than one year42€1k-
Trade debts44€5k€291
Suppliers440/4€5k€291
Taxes, remuneration and social security45€3k€5k
Taxes450/3€3k€3k
Remuneration and social security454/9-€2k
Other amounts payable47/48€3k€35
Accrued charges and deferred income492/3€277-
Income statement Code20232024
Non-recurring operating income76A€7k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€446€441
Other operating charges640/8€465€7k
Gross operating margin9900€12k€10k
Operating profit (loss)9901€11k€3k
Financial income75/76B€471€10
Recurring financial income75€471€10
Financial charges65/66B€782€1k
Recurring financial charges65€644€1k
Non-recurring financial charges66B€138-
Profit (loss) for the period before taxes9903€11k€1k
Income taxes67/77€5k€1k
Profit (loss) for the period9904€6k€422
Profit (loss) for the period to be appropriated9905€6k€422
Appropriation of the result
Profit (loss) to be appropriated9906€6k€422
Transfer to equity691/2€6k€422
To other reserves6921€6k€422

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
05-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €422 ▼92.7%
Net result drops to €422, the lowest in the series.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial Liquidity doublescurrent ratio 3.29
Current ratio from 1.35 to 3.29; short-term debt falls from €32k to €17k.
13-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Highest result since 2020net €14k ▲98.1%
Operating result €20k, net result €14k, both a record.
14-07
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.

Directors · office · real estate

Directors
3 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, Hoegaarden · 1 establishment unit since 2010
establishment The establishment unit on the map
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.

Meerstraat 163320 Hoegaarden
Ground area
2,157 m²
Building footprint
324 m²
Volume, LiDAR
1,584 m³
2 parcels, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KG & P
Meerstraat 16d, 3320 HoegaardenOther legal services
since 20102.188.827.863
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24712B0328/00E002 Flanders 1,079 m² 1 · 135 m² 7.1 m · 2 fl.
24712B0326/00G000 Flanders 1,078 m² 1 · 189 m² 7.4 m · 2 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.

Similar companies · same sector, comparable size

Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 32,171 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded31-03-2010
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
69109Other legal services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.