KIEBAS
ActiveKIEBAS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €-8k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 55% of 13044 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-31
Solvency67▲+23
Growth32=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.49 against 1.28 in 2024), and 64.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 56
Relative position
BE, all sectors
reference
Sector 56
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 2025Solvency, return and age of the figures
Solvency
35.8%
Return on assets
-5.7%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
16 d early
2023
14 d early
2022
61 d late
2021
29 d late
2020
31 d late
2019
27 d late
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€49k▼ 13.8%
2024 · €57k
2018: €68k
2019: €94k
2020: €38k
2021: €41k
2022: €51k
2023: €100k
2024: €57k
2018 → 2025
Total assets
€136k▼ 39.2%
2024 · €224k
2018: €164k
2019: €244k
2020: €209k
2021: €172k
2022: €181k
2023: €201k
2024: €224k
2018 → 2025
Net result
€-8k
2024 · €3k
2018: €10k
2019: €27k
2020: €-57k
2021: €-27k
2022: €-5k
2023: €49k
2024: €3k
2018 → 2025
Working capital
€31k▼ 19.5%
2024 · €38k
2018: €-32k
2019: €6k
2020: €-24k
2021: €-7k
2022: €15k
2023: €69k
2024: €38k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€41k-€51k▲ 25.0%€100k▲ 95.9%€57k▼ 43.5%€49k▼ 13.8%
Operating result€-23k-€-2k▲ 90.8%€55k€9k▼ 83.9%€-6k
Net result€-27k-€-5k▲ 81.0%€49k€3k▼ 92.9%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €9k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136k
Fixed assets
€42k▼ 17.4%
Current assets
€94k▼ 45.6%
Equity and liabilities €136k
Equity
€49k▼ 13.8%
Debt
€87k▼ 47.8%
The debt ratio falls from 74.8% to 64.2%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€10k▼
2024 · €28k
Cash flow
€8k▼
2024 · €23k
Solvency
35.8%▲
2024 · 25.2%
Current ratio
1.49▲
2024 · 1.28
Quick ratio
1.45▲
2024 · 1.21
Debt / equity
1.80▼
2024 · 2.96
ROE
-16.1%▼
2024 · 6.1%
ROA
-5.7%▼
2024 · 1.5%
Interest coverage
5.17▼
2024 · 7.95
Debt
€87k▼
2024 · €167k
Debt ≤ 1 year
€63k▼
2024 · €135k
Debt > 1 year
€24k▼
2024 · €33k
Income taxes
€7▼
2024 · €2k
Staff costs
€49k▼
2024 · €59k
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€136k▼
Fixed assets21/28€51k€42k▼
Tangible fixed assets22/27€51k€42k▼
Plant, machinery and equipment23€8k€5k▼
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€38k€34k▼
Current assets29/58€173k€94k▼
Stocks and contracts in progress3€10k€2k▼
Stocks30/36€10k€2k▼
Amounts receivable within one year40/41€18k€10k▼
Trade receivables40€1k€4k▲
Other amounts receivable41€17k€7k▼
Cash at bank and in hand54/58€146k€82k▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€224k€136k▼
Equity10/15€57k€49k▼
Contributions10/11€19k€19k=
Reserves13€38k€38k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€36k€36k=
Profit (loss) carried forward14€0€-8k▼
Amounts payable17/49€167k€87k▼
Amounts payable after more than one year17€33k€24k▼
Financial debts170/4€33k€24k▼
Amounts payable within one year42/48€135k€63k▼
Current portion of amounts payable after more than one year42€8k€9k▲
Trade debts44€72k€53k▼
Suppliers440/4€72k€53k▼
Advances received on contracts in progress46€40€40=
Taxes, remuneration and social security45€3k€0▼
Taxes450/3€2k€0▼
Remuneration and social security454/9€1k€0▼
Other amounts payable47/48€51k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€59k€49k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€16k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€88k€61k▼
Operating profit (loss)9901€9k€-6k▼
Financial income75/76B€7€27▲
Recurring financial income75€7€27▲
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€5k€-8k▼
Income taxes67/77€2k€7▼
Profit (loss) for the period9904€3k€-8k▼
Profit (loss) for the period to be appropriated9905€3k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-8k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€47k€0▼
Transfer to equity691/2€3k€0▼
To other reserves6921€3k€0▼
Profit to be distributed694/7€47k€0▼
Return on contributions (dividend)694€47k€0▼
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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €49k
Net result €49k after 3 loss-making years.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-57k ▼311%
Net result drops to €-57k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 1.10
Current ratio from 0.55 to 1.10; short-term debt falls from €72k to €59k.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
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.
01-07-2024
Rudi Smits: Resigned as Director
04-04-2016
Gross Steven: Resigned as Manager
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 1999
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.
Klaveren Aas(BEV) 209120 Beveren-Kruibeke-ZwijndrechtGround area
769 m²
Building footprint
133 m²
Volume, LiDAR
456 m³
Parcel 46503C0879/02G000, Flanders · tallest building 6.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
KIEBAS
since 19992.090.789.864
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46503C0879/02G000 | Flanders | 769 m² | 1 · 133 m² | 6.4 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 13,278 EUR awarded · 13,278 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 13,278 EUR | 13,278 EUR |
Schemes
Vlaams beschermingsmechanisme 12 (stopgezet)
Vlaams Beschermingsmechanisme 11 (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeveren-Kruibeke-Zwijndrecht2.090.789.864
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Of 1,000 companies in sector 56120 we hold annual accounts for 79. 64 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-04-1999
Fiscal year end31-12
Activities, NACEBEL
56120Mobile food service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 26 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.