KGbe
ActiveKGbe has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €466. Equity is growing by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 20% of 533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-8
Solvency32▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.98 against 1.87 in 2024; short-term debt: 50.5% and cash: 69.8% of total assets), but 92.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← fewer bankruptcies
more bankruptcies →
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
7.3%
Return on assets
0.2%
Age of the figures
9 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 533 sector peers (2025).
NBB · sector comparisonPosition among 533 sector peers
Solvency
better than 20%
← 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 15-07-2026, 16 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
16 d early
2024
29 d late
2023
1 d early
2022
4 d early
2021
2 d early
2020
2 d early
2019
1 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€20k▼ 4.9%
2024 · €21k
2019: €19k
2020: €8k
2021: €3k
2022: €5k
2023: €13k
2024: €21k
2019 → 2025
Total assets
€273k▲ 22.0%
2024 · €224k
2019: €92k
2020: €286k
2021: €94k
2022: €104k
2023: €276k
2024: €224k
2019 → 2025
Net result
€466▼ 94.0%
2024 · €8k
2019: €6k
2020: €-11k
2021: €-4k
2022: €2k
2023: €8k
2024: €8k
2019 → 2025
Working capital
€135k▲ 29.9%
2024 · €104k
2019: €18k
2020: €9k
2021: €3k
2022: €8k
2023: €66k
2024: €104k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3k-€5k▲ 47.9%€13k▲ 173%€21k▲ 58.9%€20k▼ 4.9%
Operating result€-4k-€7k€26k▲ 268%€73k▲ 176%€16k▼ 78.5%
Net result€-4k-€2k€8k▲ 434%€8k▼ 7.0%€466▼ 94.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €273k
Equity
€20k▼ 4.9%
Debt
€253k▲ 24.8%
The debt ratio rises from 90.6% to 92.7%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
7.3%▼
2024 · 9.4%
Current ratio
1.98▲
2024 · 1.87
Quick ratio
1.98▲
2024 · 1.87
Debt / equity
12.69▲
2024 · 9.67
ROE
2.3%▼
2024 · 37.1%
ROA
0.2%▼
2024 · 3.5%
Debt
€253k▲
2024 · €203k
Debt ≤ 1 year
€138k▲
2024 · €120k
Staff costs
€223k▼
2024 · €255k
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€224k€273k▲
Current assets29/58€224k€273k▲
Amounts receivable within one year40/41€74k€52k▼
Trade receivables40€32k€26k▼
Other amounts receivable41€41k€26k▼
Cash at bank and in hand54/58€149k€191k▲
Deferred charges and accrued income490/1€2k€31k▲
Equity and liabilities
Total equity and liabilities10/49€224k€273k▲
Equity10/15€21k€20k▼
Contributions10/11€12k€12k=
Profit (loss) carried forward14€9k€8k▼
Amounts payable17/49€203k€253k▲
Amounts payable within one year42/48€120k€138k▲
Trade debts44€75k€114k▲
Suppliers440/4€75k€114k▲
Advances received on contracts in progress46€4k€2k▼
Taxes, remuneration and social security45€19k€19k▲
Taxes450/3€0€168▲
Remuneration and social security454/9€19k€19k▲
Other amounts payable47/48€22k€3k▼
Accrued charges and deferred income492/3€83k€115k▲
Income statement
Code20242025
Non-recurring operating income76A€501€8k▲
Remuneration, social security and pensions62€255k€223k▼
Other operating charges640/8€819€1k▲
Non-recurring operating charges66A€241€1k▲
Gross operating margin9900€329k€241k▼
Operating profit (loss)9901€73k€16k▼
Financial income75/76B€5€19▲
Recurring financial income75€5€19▲
Financial charges65/66B€65k€15k▼
Recurring financial charges65€65k€15k▼
Profit (loss) for the period before taxes9903€8k€466▼
Income taxes67/77€0-
Profit (loss) for the period9904€8k€466▼
Profit (loss) for the period to be appropriated9905€8k€466▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€8k▼
Profit (loss) brought forward from the previous period14P€817€7k▲
Social balance
Average headcount (FTE)90873.02.5▼
The notes to these accounts (7 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2019net €8k ▲434%
Net result €8k, the highest in the series.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-11k ▼273%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · 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, Gent · 1 establishment unit 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.
Blekerijstraat 509000 GentGround area
419 m²
Building footprint
418 m²
Volume, LiDAR
3,614 m³
Parcel 44021A2901/00B003, Flanders · tallest building 14.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Blekerijstraat 50, 9000 Gent
since 20182.276.856.749
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A2901/00B003 | Flanders | 419 m² | 1 · 418 m² | 14.6 m · 3 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.
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Of 2,276 companies in sector 90202 we hold annual accounts for 413. 268 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-06-2018
Fiscal year end31-12
Activities, NACEBEL
90202Performing arts by artistic ensembles
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.