KiteKo is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €196k and a net result of €105k. Equity is growing by ~27.9% per year across the filed fiscal years. Its solvency ranks better than 13% of 5523 sector peers (fiscal year 2025). The company has been active since 2019 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
Four 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 13% of 5523 sector peers (2025).
NBB · sector comparisonPosition among 5523 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-05-2025, 158 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
158 d early
2024
19 d early
2023
64 d early
2022
94 d early
2021
41 d early
2020
15 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€196k▲ 15.2%
2024 · €170k
2020: €42k
2021: €87k
2022: €87k
2023: €134k
2024: €170k
2020 → 2025
Net result
€105k▼ 9.2%
2024 · €115k
2020: €40k
2021: €45k
2022: €-323
2023: €107k
2024: €115k
2020 → 2025
Total assets
€2.02M▲ 430%
2024 · €380k
2020: €60k
2021: €135k
2022: €264k
2023: €335k
2024: €380k
2020 → 2025
Solvency
9.7%▼ 35.0pp
2024 · 44.7%
2020: 69.9%
2021: 64.8%
2022: 32.9%
2023: 39.9%
2024: 44.7%
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€87k▼ 0.4%€134k▲ 53.6%€170k▲ 27.3%€196k▲ 15.2%
Operating result€56k-€97▼ 99.8%€140k▲ 143,703%€150k▲ 7.2%€159k▲ 5.7%
Net result€45k-€-323€107k€115k▲ 8.2%€105k▼ 9.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.02M
Fixed assets
€1.68M▲ 4,206%
Current assets
€332k▼ 2.8%
Equity and liabilities €2.02M
Equity
€196k▲ 15.2%
Debt
€1.82M▲ 766%
The debt ratio rises from 55.3% to 90.3%. Equity and debt are higher.
Key figures and ratios
Solvency
9.7%▼
2024 · 44.7%
ROE
53.5%▼
2024 · 67.9%
ROA
5.2%▼
2024 · 30.3%
Debt
€1.82M▲
2024 · €210k
Debt ≤ 1 year
€786k▲
2024 · €191k
Debt > 1 year
€1.03M▲
2024 · €20k
Income taxes
€29k▼
2024 · €33k
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€380k€2.02M▲
Fixed assets21/28€39k€1.68M▲
Tangible fixed assets22/27€39k€1.68M▲
Land and buildings22-€1.66M
Plant, machinery and equipment23€824€527▼
Furniture and vehicles24€38k€22k▼
Current assets29/58€341k€332k▼
Amounts receivable within one year40/41€190k€93k▼
Trade receivables40€44k€12k▼
Other amounts receivable41€147k€81k▼
Current investments50/53€10k€10k=
Cash at bank and in hand54/58€140k€226k▲
Deferred charges and accrued income490/1€598€3k▲
Equity and liabilities
Total equity and liabilities10/49€380k€2.02M▲
Equity10/15€170k€196k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€168k€194k▲
Amounts payable17/49€210k€1.82M▲
Amounts payable after more than one year17€20k€1.03M▲
Financial debts170/4€20k€1.03M▲
Amounts payable within one year42/48€191k€786k▲
Current portion of amounts payable after more than one year42€16k€75k▲
Financial debts43€24k€24k▲
Credit institutions430/8€24k€24k▲
Trade debts44€13k€1k▼
Suppliers440/4€13k€1k▼
Taxes, remuneration and social security45€17k€34k▲
Taxes450/3€12k€34k▲
Remuneration and social security454/9€5k€0▼
Other amounts payable47/48€121k€652k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€154k▲
Other operating charges640/8€1k€6k▲
Gross operating margin9900€170k€319k▲
Operating profit (loss)9901€150k€159k▲
Financial income75/76B€4k€3k▼
Recurring financial income75€4k€3k▼
Financial charges65/66B€6k€27k▲
Recurring financial charges65€6k€27k▲
Profit (loss) for the period before taxes9903€149k€134k▼
Income taxes67/77€33k€29k▼
Profit (loss) for the period9904€115k€105k▼
Profit (loss) for the period to be appropriated9905€115k€105k▼
Appropriation of the result
Profit (loss) to be appropriated9906€247k€273k▲
Profit (loss) brought forward from the previous period14P€132k€168k▲
Profit to be distributed694/7€79k€79k=
Return on contributions (dividend)694€79k€79k=
The notes to these accounts (11 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
2025
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
12-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2020net €115k ▲8.2%
Net result €115k, the highest in the series.
31-03
Financial
Equity above €150kEq €170k ▲27.3%
2 profitable years in a row build equity to €170k.
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €107k
Net result €107k after one loss-making year.
31-03
Financial
Equity above €100kEq €134k ▲53.6%
Equity rises from €87k to €134k.
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-323 ▼101%
Net result drops to €-323, the lowest in the series; recovery starts the following year.
2021
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
16-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Zele · 1 establishment unit since 2019
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.
Veldekensstraat 2929240 ZeleGround area
4,737 m²
Building footprint
237 m²
Volume, LiDAR
1,462 m³
Parcel 42402C2303/00A000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KiteKo
since 20192.296.614.164
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42402C2303/00A000 | Flanders | 4,737 m² | 1 · 237 m² | 9.6 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
LEBEN-CONSULTING
BE 0765.881.316
Sint-Truiden · Eq €196k
Verbeeck Management
BE 0832.456.770
Scherpenheuvel-Zichem · Eq €196k
L-R
BE 0794.802.756
Overijse · Eq €196k
JRK MANAGEMENT
BE 0801.891.971
Herstal · Eq €196k
EXECITIS
BE 0880.396.645
Brecht · Eq €196k
Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 13,515 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2019
Fiscal year end31-03
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:koen@kiteko.be