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KG SERVICES

Active
Private limited companyfounded 201610 yrs activeVierschaar 11, 8531 Harelbeke, BelgiumKBO/BCE: BE 0654.806.022

KG SERVICES is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €309k and a net result of €122k. Equity is growing by ~12.9% per year across the filed fiscal years. Its solvency ranks better than 75% of 7950 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Signals

Three signals. The signal on the left, the evidence on the right.
neutral
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 09-06-2026, 52 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
52 d early
2024
48 d early
2023
29 d late
2022
48 d early
2021
24 d early
2020
2 d early
2019
31 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 months
Position in the running window
11-09-2026 today31-12-2026 close31-07-2027 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 2025, micro schema

Equity
€309k▲ 3.5%
2024 · €299k
2018: €67k 2019: €130k 2020: €184k 2021: €272k 2022: €327k 2023: €317k 2024: €299k
2018 → 2025
Net result
€122k▲ 522%
2024 · €20k
2018: €37k 2019: €65k 2020: €54k 2021: €89k 2022: €55k 2023: €1.55M 2024: €20k
2018 → 2025
Total assets
€399k▲ 5.9%
2024 · €377k
2018: €170k 2019: €203k 2020: €262k 2021: €295k 2022: €437k 2023: €1.89M 2024: €377k
2018 → 2025
Solvency
77.5%▼ 1.8pp
2024 · 79.4%
2018: 39.1% 2019: 64.2% 2020: 70.2% 2021: 92.2% 2022: 75.0% 2023: 16.7% 2024: 79.4%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€272k-€327k▲ 20.3%€317k▼ 3.1%€299k▼ 5.7%€309k▲ 3.5%
Operating result€140k-€84k▼ 40.2%€59k▼ 29.9%€79k▲ 34.7%€164k▲ 108%
Net result€89k-€55k▼ 38.1%€1.55M▲ 2,709%€20k▼ 98.7%€122k▲ 522%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€500k€1.00M€1.50MOperating result 2021: €140k€140kNet result 2021: €89k€89kOperating result 2022: €84k€84kNet result 2022: €55k€55kOperating result 2023: €59k€59kNet result 2023: €1.55M€1.55MOperating result 2024: €79k€79kNet result 2024: €20k€20kOperating result 2025: €164k€164kNet result 2025: €122k€122k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 108% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €399k
Fixed assets €16k▼ 16.1%
Current assets €383k▲ 7.1%
Equity and liabilities €399k
Equity €309k▲ 3.5%
Debt €90k▲ 15.2%
The debt ratio rises from 20.6% to 22.5%: debt grows faster than equity.
Key figures and ratios
2025 value · change against 2024
Solvency
77.5%
2024 · 79.4%
ROE
39.6%
2024 · 6.6%
ROA
30.7%
2024 · 5.2%
Debt
€90k
2024 · €78k
Debt ≤ 1 year
€30k
2024 · €29k
Debt > 1 year
€36k
2024 · €49k
Income taxes
€44k
2024 · €22k
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€377k€399k
Fixed assets21/28€19k€16k
Tangible fixed assets22/27€19k€16k
Land and buildings22€12k€9k
Plant, machinery and equipment23€3k€3k
Furniture and vehicles24€5k€4k
Current assets29/58€357k€383k
Amounts receivable within one year40/41€78k€64k
Trade receivables40-€61k
Other amounts receivable41€78k€3k
Current investments50/53€150k€176k
Cash at bank and in hand54/58€125k€139k
Deferred charges and accrued income490/1€5k€4k
Equity and liabilities
Total equity and liabilities10/49€377k€399k
Equity10/15€299k€309k
Contributions10/11€19k€19k=
Reserves13€280k€291k
Distributable reserves133€280k€291k
Amounts payable17/49€78k€90k
Amounts payable after more than one year17€49k€36k
Financial debts170/4€49k€36k
Amounts payable within one year42/48€29k€30k
Current portion of amounts payable after more than one year42€14k€14k
Trade debts44€7k€5k
Suppliers440/4€7k€5k
Taxes, remuneration and social security45€8k€12k
Taxes450/3€6k€12k
Remuneration and social security454/9€3k-
Other amounts payable47/48-€71
Accrued charges and deferred income492/3-€23k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k
Other operating charges640/8€1k€26k
Gross operating margin9900€84k€195k
Operating profit (loss)9901€79k€164k
Financial income75/76B€14k€4k
Recurring financial income75€14k€4k
Financial charges65/66B€51k€2k
Recurring financial charges65€51k€2k
Profit (loss) for the period before taxes9903€41k€166k
Income taxes67/77€22k€44k
Profit (loss) for the period9904€20k€122k
Profit (loss) for the period to be appropriated9905€20k€122k
Appropriation of the result
Profit (loss) to be appropriated9906€20k€122k
Transfer from equity791/2€38k€112k
Transfer to equity691/2€20k€122k
To other reserves6921€20k€122k
Profit to be distributed694/7€38k€112k
Return on contributions (dividend)694€38k€112k

The notes to these accounts (6 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
09-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
13-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €20k ▼98.7%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity times 10current ratio 12.41
Current ratio from 1.25 to 12.41; short-term debt falls from €1.52M to €29k.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Highest result since 2018net €1.55M ▲2709%
Net result €1.55M, the highest in the series.
13-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity quadruplescurrent ratio 7.37
Current ratio from 1.93 to 7.37; short-term debt falls from €69k to €23k.
31-12
Financial Equity above €200kEq €272k ▲48.1%
4 profitable years in a row build equity to €272k.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €150kEq €184k ▲40.8%
3 profitable years in a row build equity to €184k.
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €100kEq €130k ▲95.8%
2 profitable years in a row build equity to €130k.
21-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Harelbeke · 1 establishment unit since 2016
exact location from the address register On OpenStreetMap
Ground area
709 m²
Building footprint
143 m²
Volume, LiDAR
727 m³
Parcel 34004B0247/00M002, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KG Services
Vierschaar 11, 8531 HarelbekeHoldings
since 20162.253.233.685
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34004B0247/00M002 Flanders 709 m² 1 · 143 m² 8.4 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.

Similar companies · same sector, comparable size

Of 24,639 companies in sector 64210 we hold annual accounts for 19,694. 13,729 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-05-2016
Fiscal year end31-12
Abbreviation NL KGS
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.