KJEFIMAR
ActiveKJEFIMAR has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €122k and a net result of €-9k. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 47% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▼-7
Solvency51▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 28.66 against 38.01 in 2024; short-term debt: 0.6% and cash: 14.7% of total assets), but 73.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
26.4%
Return on assets
-2%
Age of the figures
18 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-9k
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 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
4 d early
2022
3 d early
2021
32 d early
2020
23 d early
2019
1 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 close22-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€122k▼ 7.0%
2024 · €131k
2019: €208k
2020: €193k
2021: €161k
2022: €148k
2023: €132k
2024: €131k
2019 → 2025
Total assets
€463k▼ 1.8%
2024 · €471k
2019: €547k
2020: €531k
2021: €494k
2022: €487k
2023: €482k
2024: €471k
2019 → 2025
Net result
€-9k▼ 24,687%
2024 · €-37
2019: €-12k
2020: €-16k
2021: €-32k
2022: €-13k
2023: €-16k
2024: €-37
2019 → 2025
Working capital
€75k▲ 7.2%
2024 · €70k
2019: €55k
2020: €79k
2021: €56k
2022: €61k
2023: €56k
2024: €70k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€161k-€148k▼ 8.3%€132k▼ 11.0%€131k=€122k▼ 7.0%
Operating result€-10k-€9k€9k▲ 9.9%€16k▲ 70.3%€7k▼ 57.0%
Net result€-32k-€-13k▲ 57.9%€-16k▼ 22.7%€-37▲ 99.8%€-9k▼ 24,687%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 57% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €463k
Fixed assets
€385k▼ 3.6%
Current assets
€78k▲ 8.1%
Equity and liabilities €463k
Equity
€122k▼ 7.0%
Debt
€340k▲ 0.2%
The debt ratio rises from 72.1% to 73.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€21k▼
2024 · €30k
Cash flow
€5k▼
2024 · €14k
Solvency
26.4%▼
2024 · 27.9%
Current ratio
28.66▼
2024 · 38.01
Quick ratio
28.66▼
2024 · 38.01
Debt / equity
2.78▲
2024 · 2.58
ROE
-7.5%▼
2024 · 0.0%
ROA
-2.0%▼
2024 · 0.0%
Interest coverage
1.31▼
2024 · 1.88
Debt
€340k▲
2024 · €340k
Debt ≤ 1 year
€3k▲
2024 · €2k
Debt > 1 year
€322k=
2024 · €322k
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€471k€463k▼
Fixed assets21/28€399k€385k▼
Tangible fixed assets22/27€399k€385k▼
Land and buildings22€397k€383k▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€72k€78k▲
Amounts receivable within one year40/41€11k€10k▼
Trade receivables40€11k€10k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€61k€68k▲
Equity and liabilities
Total equity and liabilities10/49€471k€463k▼
Equity10/15€131k€122k▼
Contributions10/11€322k€322k=
Profit (loss) carried forward14€-190k€-199k▼
Amounts payable17/49€340k€340k▲
Amounts payable after more than one year17€322k€322k=
Financial debts170/4€322k€322k=
Amounts payable within one year42/48€2k€3k▲
Trade debts44€685€2k▲
Suppliers440/4€685€2k▲
Taxes, remuneration and social security45€1k€1k▼
Taxes450/3€1k€1k▼
Accrued charges and deferred income492/3€16k€16k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k=
Other operating charges640/8€9k€12k▲
Gross operating margin9900€40k€33k▼
Operating profit (loss)9901€16k€7k▼
Financial charges65/66B€16k€16k=
Recurring financial charges65€16k€16k=
Profit (loss) for the period before taxes9903€-37€-9k▼
Profit (loss) for the period9904€-37€-9k▼
Profit (loss) for the period to be appropriated9905€-37€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-190k€-199k▼
Profit (loss) brought forward from the previous period14P€-190k€-190k=
The notes to these accounts (13 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
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Liquidity times 7current ratio 38.01
Current ratio from 5.37 to 38.01; short-term debt falls from €13k to €2k.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 128.96
Current ratio from 63.80 to 128.96; short-term debt falls from €879 to €615.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
15-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB 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, Hoeilaart · 1 establishment unit since 2013
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.
Overijsesteenweg 23/211560 HoeilaartGround area
1,747 m²
Building footprint
108 m²
Volume, LiDAR
416 m³
Parcel 23033B0416/00C003, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kjefimar
since 20132.215.748.828
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23033B0416/00C003 | Flanders | 1,747 m² | 1 · 108 m² | 8.8 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.
Similar companies · same sector, comparable size
DIVINE ESTATES
BE 0685.973.409
Kluisbergen · Eq €122k
ES Vastgoed
BE 0778.328.592
Bree · Eq €122k
SO MANY WAYS
BE 0524.894.417
Mouscron · Eq €123k
SQUARE INSURANCE
BE 0548.778.191
Ukkel · Eq €123k
C.N.G. INVESTMENT
BE 0677.871.038
Elsene · Eq €123k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,382. 3,774 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2012
Fiscal year end31-03
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68202Real estate activities
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.