KING GEORGE
ActiveKING GEORGE has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €425k and a net result of €96k. Equity is growing by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 33% of 1608 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
73
/ 100
Healthy▼ -17 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+49
Solvency36▼-62
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.06 against 2.59 in 2024), and 76% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
24%
Return on assets
5.4%
Age of the figures
8 mo
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
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
2 d early
2022
4 d early
2021
3 d early
2020
3 d early
2019
on the day
← 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€425k▼ 51.2%
2024 · €871k
2018: €620k
2019: €660k
2020: €883k
2021: €1.07M
2022: €911k
2023: €1.03M
2024: €871k
2018 → 2025
Total assets
€1.77M▲ 19.0%
2024 · €1.49M
2018: €1.73M
2019: €1.77M
2020: €2.08M
2021: €2.18M
2022: €1.85M
2023: €2.10M
2024: €1.49M
2018 → 2025
Net result
€96k▲ 8.4%
2024 · €88k
2018: €100k
2019: €40k
2020: €224k
2021: €193k
2022: €-160k
2023: €122k
2024: €88k
2018 → 2025
Working capital
€47k▼ 91.7%
2024 · €560k
2018: €290k
2019: €184k
2020: €454k
2021: €696k
2022: €532k
2023: €584k
2024: €560k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.07M-€911k▼ 15.0%€1.03M▲ 13.3%€871k▼ 15.6%€425k▼ 51.2%
Operating result€284k-€-112k€180k€136k▼ 24.6%€136k▲ 0.1%
Net result€193k-€-160k€122k€88k▼ 27.2%€96k▲ 8.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 0% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.77M
Fixed assets
€916k▲ 59.0%
Current assets
€855k▼ 6.2%
Equity and liabilities €1.77M
Equity
€425k▼ 51.2%
Debt
€1.35M▲ 118%
The debt ratio rises from 41.5% to 76.0%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€232k▼
2024 · €277k
Cash flow
€192k▼
2024 · €229k
Solvency
24.0%▼
2024 · 58.5%
Current ratio
1.06▼
2024 · 2.59
Quick ratio
1.06▼
2024 · 2.59
Debt / equity
3.17▲
2024 · 0.71
ROE
22.6%▲
2024 · 10.2%
ROA
5.4%▼
2024 · 5.9%
Interest coverage
17.54▲
2024 · 17.11
Debt
€1.35M▲
2024 · €617k
Debt ≤ 1 year
€809k▲
2024 · €352k
Debt > 1 year
€481k▲
2024 · €204k
Income taxes
€28k▼
2024 · €37k
Staff costs
€729k▼
2024 · €798k
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€1.49M€1.77M▲
Fixed assets21/28€576k€916k▲
Tangible fixed assets22/27€576k€916k▲
Land and buildings22€518k€880k▲
Plant, machinery and equipment23€12k€4k▼
Furniture and vehicles24€43k€26k▼
Other tangible fixed assets26€3k€6k▲
Current assets29/58€912k€855k▼
Amounts receivable within one year40/41€298k€213k▼
Trade receivables40€268k€167k▼
Other amounts receivable41€30k€46k▲
Current investments50/53-€73k
Cash at bank and in hand54/58€582k€546k▼
Deferred charges and accrued income490/1€32k€23k▼
Equity and liabilities
Total equity and liabilities10/49€1.49M€1.77M▲
Equity10/15€871k€425k▼
Contributions10/11€25k€25k=
Reserves13€1.01M€464k▼
Distributable reserves133€1.01M€464k▼
Profit (loss) carried forward14€-160k€-65k▲
Amounts payable17/49€617k€1.35M▲
Amounts payable after more than one year17€204k€481k▲
Financial debts170/4€204k€481k▲
Amounts payable within one year42/48€352k€809k▲
Current portion of amounts payable after more than one year42€60k€77k▲
Financial debts43€17k€17k▼
Credit institutions430/8€17k€17k▼
Trade debts44€92k€231k▲
Suppliers440/4€92k€231k▲
Taxes, remuneration and social security45€101k€105k▲
Taxes450/3€31k€39k▲
Remuneration and social security454/9€70k€66k▼
Other amounts payable47/48€81k€378k▲
Accrued charges and deferred income492/3€61k€57k▼
Income statement
Code20242025
Non-recurring operating income76A€19k-
Remuneration, social security and pensions62€798k€729k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€141k€96k▼
Other operating charges640/8€70k€69k▼
Gross operating margin9900€1.14M€1.03M▼
Operating profit (loss)9901€136k€136k▲
Financial income75/76B€6k€1k▼
Recurring financial income75€6k€1k▼
Financial charges65/66B€16k€13k▼
Recurring financial charges65€16k€13k▼
Profit (loss) for the period before taxes9903€126k€124k▼
Income taxes67/77€37k€28k▼
Profit (loss) for the period9904€88k€96k▲
Profit (loss) for the period to be appropriated9905€88k€96k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-72k€-65k▲
Profit (loss) brought forward from the previous period14P€-160k€-160k=
Transfer from equity791/2€250k€542k▲
Transfer to equity691/2€88k-
To other reserves6921€88k-
Profit to be distributed694/7€250k€542k▲
Return on contributions (dividend)694€250k€542k▲
Social balance
Average headcount (FTE)908714.712.5▼
The notes to these accounts (10 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €122k
Net result €122k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.03M ▲13.3%
Equity rises from €911k to €1.03M.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-160k ▼183%
Net result drops to €-160k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.07M ▲21.3%
4 profitable years in a row build equity to €1.07M.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €224k ▲453%
Operating result €343k, net result €224k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
27-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Sint-Niklaas · 1 establishment unit since 2012
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.
Driekoningenstraat 489100 Sint-NiklaasGround area
160 m²
Building footprint
129 m²
Volume, LiDAR
747 m³
Parcel 46021A0758/00L002, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
King George en Newplacetobe.com
since 20122.230.577.257
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46021A0758/00L002indicative | Flanders | 160 m² | 1 · 129 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 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
MOVING IDEAS
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D.A.D.
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IN-ZICHT
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VRIJE RUIMTE
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PHILIP MAES
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Of 9,807 companies in sector 73110 we hold annual accounts for 3,724. 2,286 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-10-2012
Fiscal year end31-12
Trade name NL
King George en Newplacestobe.com
Activities, NACEBEL
70210Activities of head offices; management consultancy activities
73110Advertising agencies
73300Public relations and communication consultancy
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.