Age2 yrs
Real estate1 parcel · 562 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of KH20 is 0.7% (low). The 2025 annual accounts show equity of €63k and a net result of €61k. Its solvency ranks better than 49% of 1338 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Trust signals
3 signalsYoung company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags
0 events
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.7%
Low
0%0,5%1,5%4%10%≥25%
Young company
+Lower-failure-rate sector
−Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€61k
Working capital€-44k
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 28-01-2026 with the NBB · fiscal year 2025 · micro
Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 21.7% | 22.9% | |
| Net result | €61k | €10k | |
| Equity | €63k | €44k | |
| Gross operating margin | €139k | €40k | |
| Total assets | €291k | €292k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €137k |
| Net profit | €61k |
| Cash flow | €111k |
| Staff costs | - |
| Income taxes | €23k |
| Dividends | - |
| Total assets | €291k |
| Equity | €63k |
| Debt | €228k |
| of which ≤ 1y | €133k |
| of which > 1y | €95k |
| Working capital | €-44k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.67 |
| Quick ratio | 0.67 |
| Working capital ratio | -15.2% |
| Solvency | 21.7% |
| Debt / equity | 3.62 |
| Long-term debt ratio | 1.51 |
| Interest coverage | 42.67 |
| Gross margin | - |
| Net margin | - |
| ROA | 20.8% |
| ROE | 96.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €291k |
| Fixed assets | 21/28 | €203k |
| Intangible fixed assets | 21 | €150k |
| Tangible fixed assets | 22/27 | €52k |
| Current assets | 29/58 | €89k |
| Amounts receivable within one year | 40/41 | €24k |
| Cash & bank | 54/58 | €63k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €291k |
| Equity | 10/15 | €63k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €61k |
| Amounts payable | 17/49 | €228k |
| Amounts payable after one year | 17 | €95k |
| Amounts payable within one year | 42/48 | €133k |
| Trade debts payable within one year | 44 | €305 |
| Income statement | ||
| Gross operating margin | 9900 | €139k |
| Operating result | 9901 | €87k |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €83k |
| Income taxes | 67/77 | €23k |
| Net result for the period | 9904 | €61k |
| Result to be appropriated | 9905 | €61k |
Ratios computed by Checked.
Health barometer
FY 2025 · computed48
/ 100
Fair
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Structure & network
Locations & real estate
Establishment units
1 locationKH20
since 20232.352.028.383
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area562 m²
Buildings1
Building footprint305 m²
Volume (LiDAR)1,480 m³
Tallest building9.9 m · ±1 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44015B0600/00K000 | Flanders | 562 m² | 1 · 305 m² | 9.9 m · 1 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Analysis
Snowflake analysis
financial profile on 5 axes57
/ 100
Mixed profile: strong on profitability, weaker on solvency.
Health
48
Profitability
100
Solvency
22
Growth
50
Stability
67
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soonAI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Bemiddeling in verband met exploitatie van en handel in onroerend goed68310Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis68311Algemene bouw van andere niet-residentiële gebouwen41003Algemene bouw van andere niet-residentiële gebouwen41203Holdings64200Activiteiten van holdings64210Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis68312Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis68322Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
| Legal nameNL | KH20 |
Registered office
Xavier De Cocklaan 73
9831 Sint-Martens-Latem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.