KLEX
ActiveKLEX has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €78k and a net result of €-8k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 54% of 11614 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability11▲+8
Solvency84▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.5 against 2.97 in 2023; short-term debt: 40.1% and cash: 0.7% of total assets), and 41.1% 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 71
Relative position
BE, all sectors
reference
Sector 71
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 2024Solvency, return and age of the figures
Solvency
58.9%
Return on assets
-6.1%
Age of the figures
21 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 (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-8k
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 22-07-2025, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
9 d early
2023
36 d early
2022
35 d early
2021
46 d early
2020
27 d late
2019
59 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-8k▲ 53.8%
2023 · €-17k
2018: €5k
2019: €11k
2020: €-26k
2021: €15k
2022: €-7k
2023: €-17k
2018 → 2024
Working capital
€79k▼ 10.0%
2023 · €88k
2018: €109k
2019: €113k
2020: €95k
2021: €110k
2022: €104k
2023: €88k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€95k-€110k▲ 15.8%€103k▼ 6.5%€86k▼ 16.8%€78k▼ 9.4%
Operating result€-26k-€16k€-7k€-17k▼ 156%€-8k▲ 55.1%
Net result€-26k-€15k€-7k€-17k▼ 142%€-8k▲ 53.8%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2024 against €17k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €132k
Fixed assets
€0▼ 100.0%
Current assets
€132k▼ 0.4%
Equity and liabilities €132k
Equity
€78k▼ 9.4%
Debt
€54k▲ 12.4%
The debt ratio rises from 36.0% to 41.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▲
2023 · €-14k
Cash flow
€-7k▲
2023 · €-14k
Solvency
58.9%▼
2023 · 64.0%
Current ratio
2.50▼
2023 · 2.97
Quick ratio
2.50▼
2023 · 2.97
Debt / equity
0.70▲
2023 · 0.56
ROE
-10.3%▲
2023 · -20.2%
ROA
-6.1%▲
2023 · -12.9%
Interest coverage
-19.04▲
2023 · -35.62
Debt
€54k▲
2023 · €48k
Debt ≤ 1 year
€53k▲
2023 · €45k
Debt > 1 year
€1k▼
2023 · €4k
Income taxes
€140▲
2023 · €132
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€134k€132k▼
Fixed assets21/28€1k€0▼
Tangible fixed assets22/27€1k€0▼
Furniture and vehicles24€1k€0▼
Current assets29/58€132k€132k▼
Amounts receivable within one year40/41€128k€131k▲
Trade receivables40€108-
Other amounts receivable41€128k€131k▲
Cash at bank and in hand54/58€4k€863▼
Equity and liabilities
Total equity and liabilities10/49€134k€132k▼
Equity10/15€86k€78k▼
Contributions10/11€11k€11k=
Reserves13€74k€66k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€72k€64k▼
Amounts payable17/49€48k€54k▲
Amounts payable after more than one year17€4k€1k▼
Financial debts170/4€4k€1k▼
Amounts payable within one year42/48€45k€53k▲
Current portion of amounts payable after more than one year42€2k€2k▲
Trade debts44-€864
Suppliers440/4-€864
Taxes, remuneration and social security45€323€271▼
Taxes450/3€323€271▼
Other amounts payable47/48€42k€49k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼
Other operating charges640/8€805€816▲
Gross operating margin9900€-13k€-5k▲
Operating profit (loss)9901€-17k€-8k▲
Financial charges65/66B€389€318▼
Recurring financial charges65€389€318▼
Profit (loss) for the period before taxes9903€-17k€-8k▲
Income taxes67/77€132€140▲
Profit (loss) for the period9904€-17k€-8k▲
Profit (loss) for the period to be appropriated9905€-17k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-8k▲
Transfer from equity791/2€17k€8k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
31-12
Financial
Equity above €100kEq €110k ▲15.8%
Equity rises from €95k to €110k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €-26k ▼345%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
02-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2014
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.
Vossenplein 771000 BrusselGround area
6,987 m²
Building footprint
5,338 m²
Volume, LiDAR
74,921 m³
2 parcels, Brussels, Wallonia · tallest building 23.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
KLEX
since 20142.235.574.638
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0959/02B000 | Brussels | 5,064 m² | 1 · 5,183 m² | 23.4 m · 5 fl. |
| 51034B0450/00B000 | Wallonia | 1,924 m² | 1 · 155 m² | 11.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,920 companies in sector 71112 we hold annual accounts for 1,295. 1,080 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-11-2007
Fiscal year end31-12
Activities, NACEBEL
71112Activities of interior architects
90201Performing arts by independent artists
92311
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.