KH
ActiveKH has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €318k and a net result of €51k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 31510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+7
Solvency100▲+14
Growth58=
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 33.05 against 1.82 in 2024), and 3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 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 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
97%
Return on assets
15.5%
Age of the figures
11 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €318k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 19-03-2026, 42 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
42 d early
2024
37 d early
2023
8 d early
2022
3 d early
2021
3 d early
2020
on the day
2019
29 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€51k▲ 29.7%
2024 · €39k
2018: €-8k
2019: €-6k
2020: €-78k
2021: €-44k
2022: €-18k
2023: €11k
2024: €39k
2018 → 2025
Working capital
€318k▲ 19.2%
2024 · €267k
2018: €360k
2019: €357k
2020: €279k
2021: €236k
2022: €217k
2023: €228k
2024: €267k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€236k-€217k▼ 7.8%€228k▲ 5.1%€268k▲ 17.1%€318k▲ 19.0%
Operating result€-37k-€-17k▲ 54.3%€6k€29k▲ 365%€60k▲ 106%
Net result€-44k-€-18k▲ 58.4%€11k€39k▲ 251%€51k▲ 29.7%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 106% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €328k
Equity
€318k▲ 19.0%
Debt
€10k▼ 96.9%
The debt ratio falls from 54.9% to 3.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€60k▲
2024 · €29k
Cash flow
€51k▲
2024 · €39k
Solvency
97.0%▲
2024 · 45.1%
Current ratio
33.05▲
2024 · 1.82
Quick ratio
33.05▲
2024 · 1.82
Debt / equity
0.03▼
2024 · 1.21
ROE
15.9%▲
2024 · 14.6%
ROA
15.5%▲
2024 · 6.6%
Interest coverage
45.02▲
2024 · 2.30
Debt
€10k▼
2024 · €325k
Debt ≤ 1 year
€10k▼
2024 · €325k
Income taxes
€8k▲
2024 · €653
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€593k€328k▼
Fixed assets21/28€565€0▼
Tangible fixed assets22/27€565€0▼
Furniture and vehicles24€565€0▼
Current assets29/58€592k€328k▼
Amounts receivable within one year40/41€574k€325k▼
Trade receivables40€50k€111k▲
Other amounts receivable41€524k€213k▼
Cash at bank and in hand54/58€17k€3k▼
Deferred charges and accrued income490/1€968€0▼
Equity and liabilities
Total equity and liabilities10/49€593k€328k▼
Equity10/15€268k€318k▲
Contributions10/11€100k€100k=
Reserves13€25k€216k▲
Non-distributable reserves130/1€10k€10k=
Reserves not available under the articles1311€10k€10k=
Tax-exempt reserves132€15k€15k=
Distributable reserves133-€191k
Profit (loss) carried forward14€143k€3k▼
Amounts payable17/49€325k€10k▼
Amounts payable within one year42/48€325k€10k▼
Trade debts44€7k€2k▼
Suppliers440/4€7k€2k▼
Taxes, remuneration and social security45€1k€8k▲
Taxes450/3€1k€8k▲
Other amounts payable47/48€317k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€287€0▼
Other operating charges640/8€924€729▼
Gross operating margin9900€30k€61k▲
Operating profit (loss)9901€29k€60k▲
Financial income75/76B€23k€0▼
Recurring financial income75€23k€0▼
Financial charges65/66B€13k€1k▼
Recurring financial charges65€13k€1k▼
Profit (loss) for the period before taxes9903€40k€59k▲
Income taxes67/77€653€8k▲
Profit (loss) for the period9904€39k€51k▲
Profit (loss) for the period to be appropriated9905€39k€51k▲
Appropriation of the result
Profit (loss) to be appropriated9906€143k€193k▲
Profit (loss) brought forward from the previous period14P€104k€143k▲
Transfer to equity691/2-€191k
To other reserves6921-€191k
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (5 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
19-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €51k ▲29.7%
Operating result €60k, net result €51k, both a record.
30-09
Financial
Liquidity times 18current ratio 33.05
Current ratio from 1.82 to 33.05; short-term debt falls from €325k to €10k.
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
22-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
Financial
Back to profitnet €11k
Net result €11k after 5 loss-making years.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Weakest financial yearnet €-78k
Net result drops to €-78k, the lowest in the series; recovery starts the following year.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 29 days late
2019
10-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 10 days late
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-03
NBB filing
Annual accounts filed
fiscal year 2016 · full 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, Brussel · 1 establishment unit since 2004
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.
Groenejagersveld 21000 BrusselGround area
1,124 m²
Building footprint
195 m²
Volume, LiDAR
1,632 m³
Parcel 21822R0286/00A006, Brussels · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KH SPRL
since 20042.144.586.064
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21822R0286/00A006 | Brussels | 1,124 m² | 1 · 195 m² | 12.7 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.
Similar companies · same sector, comparable size
THEFASTLANE
BE 0836.862.550
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MIDAS CONSULTING
BE 0460.808.396
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DELPHI CONSULTING
BE 0889.078.442
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MARBIS
BE 0462.535.986
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ELCOLUX
BE 0873.412.942
Merelbeke-Melle · Eq €318k
Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 37,658 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-11-2004
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.