KHCS
ActiveSummary
KHCS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €45k and a net result of €446. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 47% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69▲+3
Solvency60=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.92 against 0.8 in 2023; short-term debt: 45.6% and cash: 3.3% of total assets), and 64.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← 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
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 2024Solvency, return and age of the figures
Solvency
35.5%
Return on assets
0.4%
Age of the figures
21 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 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
6 d late
2022
45 d early
2021
4 d late
2020
40 d early
2019
46 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€45k▲ 1.0%
2023 · €45k
2018: €-62k
2019: €-36k
2020: €26k
2021: €41k
2022: €48k
2023: €45k
2018 → 2024
Total assets
€127k▼ 1.0%
2023 · €128k
2018: €248k
2019: €208k
2020: €201k
2021: €244k
2022: €135k
2023: €128k
2018 → 2024
Net result
€446
2023 · €-3k
2018: €19k
2019: €26k
2020: €62k
2021: €16k
2022: €6k
2023: €-3k
2018 → 2024
Working capital
€-5k▲ 53.6%
2023 · €-10k
2018: €-61k
2019: €-83k
2020: €-68k
2021: €69k
2022: €-9k
2023: €-10k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€26k-€41k▲ 62.1%€48k▲ 15.1%€45k▼ 6.5%€45k▲ 1.0%
Operating result€66k-€28k▼ 58.1%€13k▼ 51.4%€-1k€1k
Net result€62k-€16k▼ 74.4%€6k▼ 60.5%€-3k€446
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €1k after a loss of €1k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €127k
Fixed assets
€74k ▼ 17.5%
Current assets
€53k ▲ 36.6%
Equity and liabilities €127k
Equity
€45k ▲ 1.0%
Debt
€82k ▼ 2.1%
Debt's share of the balance-sheet total falls from 65.3% to 64.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▲
2023 · €14k
Cash flow
€16k▲
2023 · €12k
Current ratio
0.92▲
2023 · 0.80
Quick ratio
0.65▲
2023 · 0.56
Debt to equity
1.82▼
2023 · 1.88
ROE
1.0%▲
2023 · -7.0%
ROA
0.4%▲
2023 · -2.4%
Interest coverage
16.03▲
2023 · 6.69
Debt ≤ 1 year
€58k▲
2023 · €49k
Debt > 1 year
€24k▼
2023 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€128k€127k▼
Fixed assets21/28€89k€74k▼
Tangible fixed assets22/27€89k€73k▼
Land and buildings22€89k€73k▼
Furniture and vehicles24€0€0=
Financial fixed assets28€490€490=
Current assets29/58€39k€53k▲
Stocks and contracts in progress3€12k€16k▲
Stocks30/36€12k€16k▲
Amounts receivable within one year40/41€22k€33k▲
Trade receivables40€22k€33k▲
Cash at bank and in hand54/58€5k€4k▼
Deferred charges and accrued income490/1-€131
Equity and liabilities
Total equity and liabilities10/49€128k€127k▼
Equity10/15€45k€45k▲
Contributions10/11€19k€19k=
Reserves13€24k€24k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€22k€22k=
Profit (loss) carried forward14€2k€2k▲
Amounts payable17/49€84k€82k▼
Amounts payable after more than one year17€35k€24k▼
Financial debts170/4€35k€24k▼
Amounts payable within one year42/48€49k€58k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€28k€36k▲
Suppliers440/4€28k€36k▲
Taxes, remuneration and social security45€10k€5k▼
Taxes450/3€10k€5k▼
Other amounts payable47/48€1k€6k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€16k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€17k€20k▲
Operating profit (loss)9901€-1k€1k▲
Financial income75/76B€31€57▲
Recurring financial income75€31€57▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-3k€446▲
Profit (loss) for the period9904€-3k€446▲
Profit (loss) for the period to be appropriated9905€-3k€446▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€2k▲
Profit (loss) brought forward from the previous period14P€5k€2k▼
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
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €446
Net result €446 after one loss-making year.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 6 days late
2023
31-12
Financial
Weakest financial yearnet €-3k ▼150%
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 2.20
Current ratio from 0.51 to 2.20; short-term debt falls from €139k to €58k.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €62k ▲142%
Operating result €66k, net result €62k, both a record.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
13-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Lanaken · 1 establishment unit since 2006
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.
Schumanplein 183620 LanakenGround area
1,046 m²
Building footprint
165 m²
Volume, LiDAR
1,121 m³
Parcel 73042C0008/00G002, Flanders · tallest building 13.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KHCS
since 20062.151.981.325
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73042C0008/00G002 | Flanders | 1,046 m² | 1 · 165 m² | 13.6 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
NITRONEXION
BE 0874.483.308
La Louvière · Eq €45,044
Ittesdoc
BE 0429.553.018
Turnhout · Eq €44,894
SOUND ODYSSEY
BE 0756.538.632
Buggenhout · Eq €44,846
Cartridge Print Unlimited
BE 0873.900.120
Ronse · Eq €44,800
Elite Phone
BE 0561.899.818
Antwerpen · Eq €44,799
Of 3,226 companies in sector 47400 we hold annual accounts for 1,806. 1,429 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded06-02-2006
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.