KIVATA
ActiveSummary
KIVATA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.51M and a net result of €8.56M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 91% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+29
Solvency100▲+76
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €750k at 30 days acceptable
Liquidity ample (current ratio 14.03 against 0.06 in 2024; short-term debt: 7.1% and cash: 1.2% of total assets), and 7.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
92.9%
Return on assets
93.5%
Age of the figures
9 mo
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 26-05-2026, 66 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
66 d early
2024
83 d early
2023
69 d early
2022
on the day
2021
76 d early
2020
12 d early
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8.51M
2024 · €-53k
2019: €-30k
2020: €-55k
2021: €-101k
2022: €-129k
2023: €-114k
2024: €-53k
2019 → 2025
Total assets
€9.15M▲ 117%
2024 · €4.22M
2019: €3.96M
2020: €3.96M
2021: €3.93M
2022: €3.93M
2023: €4.26M
2024: €4.22M
2019 → 2025
Net result
€8.56M▲ 13,982%
2024 · €61k
2019: €-49k
2020: €-25k
2021: €-46k
2022: €-28k
2023: €15k
2024: €61k
2019 → 2025
Working capital
€8.42M
2024 · €-4.03M
2019: €-3.94M
2020: €-3.97M
2021: €-4.01M
2022: €-4.02M
2023: €-3.99M
2024: €-4.03M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-101k-€-129k▼ 27.2%€-114k▲ 11.4%€-53k▲ 53.3%€8.51M
Operating result€-43k-€-27k▲ 37.2%€15k€53k▲ 250%€27k▼ 49.0%
Net result€-46k-€-28k▲ 40.5%€15k€61k▲ 314%€8.56M▲ 13,982%
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 falls in 2025; 2025 is 49% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.15M
Fixed assets
€82k ▼ 97.9%
Current assets
€9.07M ▲ 3,607%
Equity and liabilities €9.15M
Equity
€8.51M
Debt
€646k
Debt finances 7.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€50k▼
2024 · €64k
Cash flow
€8.58M▲
2024 · €72k
Current ratio
14.03▲
2024 · 0.06
Debt to equity
0.08▲
2024 · -80.20
ROE
100.6%
ROA
93.5%▲
2024 · 1.4%
Interest coverage
608.63▼
2024 · 747.78
Debt ≤ 1 year
€646k▼
2024 · €4.27M
Income taxes
€21k▲
2024 · €340
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.22M€9.15M▲
Fixed assets21/28€3.98M€82k▼
Tangible fixed assets22/27€99k€82k▼
Land and buildings22€47€47=
Plant, machinery and equipment23-€3k
Furniture and vehicles24€99k€79k▼
Financial fixed assets28€3.88M€0▼
Current assets29/58€245k€9.07M▲
Amounts receivable after more than one year29-€6.32M
Other amounts receivable291-€6.32M
Amounts receivable within one year40/41€13k€2.01M▲
Trade receivables40€11k€12k▲
Other amounts receivable41€2k€2.00M▲
Current investments50/53€148k€520k▲
Cash at bank and in hand54/58€83k€112k▲
Deferred charges and accrued income490/1€733€104k▲
Equity and liabilities
Total equity and liabilities10/49€4.22M€9.15M▲
Equity10/15€-53k€8.51M▲
Contributions10/11€19k€19k=
Reserves13-€8.48M
Distributable reserves133-€8.48M
Profit (loss) carried forward14€-72k€8k▲
Amounts payable17/49€4.27M€646k▼
Amounts payable within one year42/48€4.27M€646k▼
Trade debts44€7k€2k▼
Suppliers440/4€7k€2k▼
Taxes, remuneration and social security45€4k€24k▲
Taxes450/3€4k€24k▲
Other amounts payable47/48€4.26M€621k▼
Income statement
Code20242025
Non-recurring operating income76A€20k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€23k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€66k€51k▼
Operating profit (loss)9901€53k€27k▼
Financial income75/76B€8k€8.55M▲
Recurring financial income75€8k€110k▲
Non-recurring financial income76B-€8.44M
Financial charges65/66B€86€82▼
Recurring financial charges65€86€82▼
Profit (loss) for the period before taxes9903€61k€8.58M▲
Income taxes67/77€340€21k▲
Profit (loss) for the period9904€61k€8.56M▲
Profit (loss) for the period to be appropriated9905€61k€8.56M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-72k€8.49M▲
Profit (loss) brought forward from the previous period14P€-133k€-72k▲
Transfer to equity691/2-€8.48M
To other reserves6921-€8.48M
Social balance
Average headcount (FTE)90870.0-
The notes to these accounts (8 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
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €8.56M ▲13982%
Net result €8.56M, the highest in the series.
31-12
Financial
Liquidity times 245current ratio 14.03
Current ratio from 0.06 to 14.03; short-term debt falls from €4.27M to €646k.
31-12
Financial
Equity above €5MEq €8.51M
3 profitable years in a row build equity to €8.51M.
26-11
State Gazette act
General meeting · Director reappointment
Permanent representative · Mandate compensation
09-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €15k
Net result €15k after 4 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
11-09
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Schilde · 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.
Bellevuedreef 252970 SchildeGround area
1.4 ha
Building footprint
667 m²
Volume, LiDAR
4,391 m³
Parcel 11922C0323/00Z000, Flanders · tallest building 13.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kivata
since 20192.282.889.357
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11922C0323/00Z000 | Flanders | 1.4 ha | 1 · 666 m² | 13.3 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.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
2 locations
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 7,681 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
Founded08-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.