KJEL BV
ActiveSummary
KJEL BV has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €105k and a net result of €26k. Equity is growing by ~26.6% per year across the filed fiscal years. Its solvency ranks better than 75% of 1937 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability89▲+3
Solvency93▲+2
Growth52=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.01 against 3.14 in 2023; short-term debt: 28.6% and cash: 31.2% of total assets), and 32.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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 06-05-2025, 86 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
86 d early
2023
48 d early
2022
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€105k▲ 32.4%
2023 · €79k
2022: €63k
2023: €79k
2022 → 2024
Total assets
€155k▲ 29.5%
2023 · €120k
2022: €95k
2023: €120k
2022 → 2024
Net result
€26k▲ 54.8%
2023 · €17k
2022: €59k
2023: €17k
2022 → 2024
Working capital
€89k▲ 30.9%
2023 · €68k
2022: €51k
2023: €68k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€63k-€79k▲ 26.5%€105k▲ 32.4%
Operating result€75k-€23k▼ 69.8%€34k▲ 49.7%
Net result€59k-€17k▼ 71.7%€26k▲ 54.8%
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 2024; 2024 is 50% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €155k
Fixed assets
€22k ▲ 8.5%
Current assets
€133k ▲ 33.7%
Equity and liabilities €155k
Equity
€105k ▲ 32.4%
Debt
€50k ▲ 23.8%
Debt's share of the balance-sheet total falls from 33.7% to 32.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€38k▲
2023 · €25k
Cash flow
€30k▲
2023 · €19k
Current ratio
3.01▼
2023 · 3.14
Debt to equity
0.47▼
2023 · 0.51
ROE
24.5%▲
2023 · 20.9%
ROA
16.6%▲
2023 · 13.9%
Interest coverage
49.70▲
2023 · 25.35
Debt ≤ 1 year
€44k▲
2023 · €32k
Debt > 1 year
€4k▼
2023 · €7k
Income taxes
€8k▲
2023 · €5k
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 · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€120k€155k▲
Fixed assets21/28€20k€22k▲
Tangible fixed assets22/27€15k€16k▲
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€10k€12k▲
Other tangible fixed assets26-€1k
Financial fixed assets28€6k€6k=
Current assets29/58€99k€133k▲
Amounts receivable after more than one year29-€18k
Other amounts receivable291-€18k
Amounts receivable within one year40/41€63k€50k▼
Trade receivables40€45k€50k▲
Other amounts receivable41€18k€0▼
Current investments50/53€5k€8k▲
Cash at bank and in hand54/58€23k€48k▲
Deferred charges and accrued income490/1€9k€9k▼
Equity and liabilities
Total equity and liabilities10/49€120k€155k▲
Equity10/15€79k€105k▲
Contributions10/11€4k€4k=
Profit (loss) carried forward14€75k€101k▲
Amounts payable17/49€40k€50k▲
Amounts payable after more than one year17€7k€4k▼
Financial debts170/4€7k€4k▼
Amounts payable within one year42/48€32k€44k▲
Current portion of amounts payable after more than one year42€3k€3k▲
Trade debts44€3k€13k▲
Suppliers440/4€3k€13k▲
Taxes, remuneration and social security45€25k€27k▲
Taxes450/3€25k€27k▲
Other amounts payable47/48€730€73▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€8k€0▼
Gross operating margin9900€35k€40k▲
Operating profit (loss)9901€23k€34k▲
Financial income75/76B€304€175▼
Recurring financial income75€304€175▼
Financial charges65/66B€998€769▼
Recurring financial charges65€998€769▼
Profit (loss) for the period before taxes9903€22k€33k▲
Income taxes67/77€5k€8k▲
Profit (loss) for the period9904€17k€26k▲
Profit (loss) for the period to be appropriated9905€17k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€75k€101k▲
Profit (loss) brought forward from the previous period14P€59k€75k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €100kEq €105k ▲32.4%
3 profitable years in a row build equity to €105k.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €17k ▼71.7%
Net result drops to €17k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · 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, Kampenhout · 1 establishment unit since 2022
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.
Sint-Servaesstraat 861910 KampenhoutGround area
2,600 m²
Building footprint
196 m²
Parcel 23008B0177/00M000, Flanders. Linked by address, not a title deed.
1 establishment unit
Sint-Servaesstraat 86, 1910 Kampenhout
since 20222.326.209.755
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23008B0177/00M000 | Flanders | 2,599 m² | 1 · 196 m² | - |
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
WG-CONCEPT
BE 0831.339.488
Schilde · Eq €105,151
STRUCTOS
BE 0735.612.168
Brussel · Eq €104,808
Cantor Technologies
BE 1009.993.494
Oudergem · Eq €104,783
GESTE Engineering Belgium
BE 0673.568.493
Brussel · Eq €104,759
4All-Ventures
BE 0771.490.785
Geel · Eq €105,352
Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 5,234 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
Founded13-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
68121Development of residential building projects
68122Development of non-residential building projects
63920Other information service activities
68110Buying and selling of own real estate
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.