KIRS is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €24k and a net result of €28k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 12% of 9864 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 9864 sector peers (2024).
NBB · sector comparisonPosition among 9864 sector peers
Solvency
better than 12%
← weakest
strongest →
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 10-06-2025, 51 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
22 d early
2022
33 d early
2021
12 d late
2020
26 d late
2019
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€24k▲ 30.6%
2023 · €19k
2018: €-15k
2019: €9k
2020: €23k
2021: €53k
2022: €19k
2023: €19k
2018 → 2024
Net result
€28k▲ 222%
2023 · €9k
2018: €14k
2019: €24k
2020: €14k
2021: €17k
2022: €9k
2023: €9k
2018 → 2024
Total assets
€393k▲ 12.8%
2023 · €348k
2018: €386k
2019: €388k
2020: €381k
2021: €389k
2022: €369k
2023: €348k
2018 → 2024
Solvency
6.2%▲ 0.8pp
2023 · 5.4%
2018: -3.9%
2019: 2.3%
2020: 6.1%
2021: 13.5%
2022: 5.0%
2023: 5.4%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€23k-€53k▲ 127%€19k▼ 64.6%€19k▲ 0.1%€24k▲ 30.6%
Operating result€23k-€28k▲ 21.8%€18k▼ 35.8%€16k▼ 11.8%€42k▲ 167%
Net result€14k-€17k▲ 17.7%€9k▼ 46.0%€9k▼ 6.3%€28k▲ 222%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 167% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €393k
Fixed assets
€366k▲ 8.4%
Current assets
€26k▲ 160%
Equity and liabilities €393k
Equity
€24k▲ 30.6%
Debt
€368k▲ 11.8%
The debt ratio falls from 94.6% to 93.8%. Equity and debt are higher.
Key figures and ratios
Solvency
6.2%▲
2023 · 5.4%
ROE
113.9%▲
2023 · 46.3%
ROA
7.1%▲
2023 · 2.5%
Debt
€368k▲
2023 · €329k
Debt ≤ 1 year
€39k▼
2023 · €58k
Debt > 1 year
€329k▲
2023 · €272k
Income taxes
€10k▲
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€348k€393k▲
Fixed assets21/28€338k€366k▲
Tangible fixed assets22/27€301k€330k▲
Land and buildings22€287k€280k▼
Furniture and vehicles24€5k€38k▲
Other tangible fixed assets26€9k€12k▲
Financial fixed assets28€37k€37k=
Current assets29/58€10k€26k▲
Amounts receivable within one year40/41€3k€12k▲
Trade receivables40-€10k
Other amounts receivable41€3k€2k▼
Cash at bank and in hand54/58€6k€13k▲
Deferred charges and accrued income490/1€585€1k▲
Equity and liabilities
Total equity and liabilities10/49€348k€393k▲
Equity10/15€19k€24k▲
Contributions10/11€19k€19k=
Reserves13-€6k
Distributable reserves133-€6k
Profit (loss) carried forward14€25€32▲
Amounts payable17/49€329k€368k▲
Amounts payable after more than one year17€272k€329k▲
Financial debts170/4€262k€238k▼
Other amounts payable178/9€10k€91k▲
Amounts payable within one year42/48€58k€39k▼
Current portion of amounts payable after more than one year42€24k€24k▲
Trade debts44€4k€3k▼
Suppliers440/4€4k€3k▼
Taxes, remuneration and social security45€2k€3k▲
Taxes450/3€2k€3k▲
Other amounts payable47/48€28k€9k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€17k▲
Other operating charges640/8€4k€7k▲
Gross operating margin9900€34k€66k▲
Operating profit (loss)9901€16k€42k▲
Financial income75/76B€0€21▲
Recurring financial income75€0€21▲
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€11k€38k▲
Income taxes67/77€2k€10k▲
Profit (loss) for the period9904€9k€28k▲
Profit (loss) for the period to be appropriated9905€9k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€28k▲
Profit (loss) brought forward from the previous period14P€11€25▲
Transfer to equity691/2-€6k
To other reserves6921-€6k
Profit to be distributed694/7€9k€22k▲
Return on contributions (dividend)694€9k€22k▲
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
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €28k ▲222%
Operating result €42k, net result €28k, both a record.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €9k ▼6.3%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
03-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 34 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Liège · 1 establishment unit since 2015
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.
Boulevard d'Avroy 794000 LiègeGround area
371 m²
Building footprint
109 m²
Volume, LiDAR
2,219 m³
Parcel 62803A1377/00G000, Wallonia · tallest building 32.8 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
KIRS
since 20152.247.772.783
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62803A1377/00G000 | Wallonia | 370 m² | 1 · 109 m² | 32.8 m · 6 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
ViVaC
BE 0777.830.528
Hamme (Vl.) · Eq €24k
FOKUS
BE 0736.698.865
Zonhoven · Eq €24k
BurAubel
BE 0833.738.952
Aubel · Eq €24k
Schilde Beheer
BE 0758.555.242
Schilde · Eq €24k
TLV Invest
BE 0727.539.986
Sint-Lambrechts-Woluwe · Eq €24k
Of 24,725 companies in sector 64210 we hold annual accounts for 19,754. 8,099 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-10-2015
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.