Summary
KLG 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 €54k and a net result of €15k. Equity is growing by ~42.2% per year across the filed fiscal years. Its solvency ranks better than 71% of 2399 sector peers (fiscal year 2025). The company has been active since 2020 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 check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 29-10-2025, 2 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
2 d early
2024
27 d early
2023
14 d early
2022
24 d early
2021
9 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Equity
€54k▲ 37.0%
2024 · €39k
2021: €11klowest in 5 years
2022: €32k▲ +180% vs 2021
2023: €57k▲ +80.0% vs 2022highest in 5 years
2024: €39k▼ -31.2% vs 2023
2025: €54k▲ +37.0% vs 2024
2021 → 2025
Net result
€15k▼ 59.9%
2024 · €36k
2021: €9klowest in 5 years
2022: €20k▲ +131% vs 2021
2023: €25k▲ +24.4% vs 2022
2024: €36k▲ +42.7% vs 2023highest in 5 years
2025: €15k▼ -59.9% vs 2024
2021 → 2025
Total assets
€64k▼ 38.8%
2024 · €105k
2021: €25klowest in 5 years
2022: €44k▲ +75.8% vs 2021
2023: €71k▲ +61.8% vs 2022
2024: €105k▲ +48.6% vs 2023highest in 5 years
2025: €64k▼ -38.8% vs 2024
2021 → 2025
Solvency
83.4%▲ 46.1pp
2024 · 37.2%
2021: 45.4%
2022: 72.3%▲ +59.4% vs 2021
2023: 80.5%▲ +11.3% vs 2022
2024: 37.2%▼ -53.7% vs 2023lowest in 5 years
2025: 83.4%▲ +124% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€11k-€32k▲ 180%€57k▲ 80.0%€39k▼ 31.2%€54k▲ 37.0%
2021: €11klowest in 5 years
2022: €32k▲ +180% vs 2021
2023: €57k▲ +80.0% vs 2022highest in 5 years
2024: €39k▼ -31.2% vs 2023
2025: €54k▲ +37.0% vs 2024
Operating result€11k-€13k▲ 17.7%€32k▲ 147%€45k▲ 39.3%€18k▼ 60.3%
2021: €11klowest in 5 years
2022: €13k▲ +17.7% vs 2021
2023: €32k▲ +147% vs 2022
2024: €45k▲ +39.3% vs 2023highest in 5 years
2025: €18k▼ -60.3% vs 2024
Net result€9k-€20k▲ 131%€25k▲ 24.4%€36k▲ 42.7%€15k▼ 59.9%
2021: €9klowest in 5 years
2022: €20k▲ +131% vs 2021
2023: €25k▲ +24.4% vs 2022
2024: €36k▲ +42.7% vs 2023highest in 5 years
2025: €15k▼ -59.9% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 60% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €64k
Fixed assets
€952 ▲ 340%
Current assets
€64k ▼ 39.6%
Equity and liabilities €64k
Equity
€54k ▲ 37.0%
Debt
€11k ▼ 83.8%
Debt's share of the balance-sheet total falls from 62.8% to 16.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
27.0%▼
2024 · 92.2%
ROA
22.5%▼
2024 · 34.4%
Debt ≤ 1 year
€11k▼
2024 · €66k
Income taxes
€4k▼
2024 · €9k
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 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€105k€64k▼
Fixed assets21/28€216€952▲
Tangible fixed assets22/27€216€951▲
Furniture and vehicles24€216€951▲
Financial fixed assets28€1€1=
Current assets29/58€105k€64k▼
Amounts receivable within one year40/41€30k€31k▲
Trade receivables40€30k€9k▼
Other amounts receivable41-€22k
Current investments50/53€6k€7k▲
Cash at bank and in hand54/58€70k€25k▼
Deferred charges and accrued income490/1€61€260▲
Equity and liabilities
Total equity and liabilities10/49€105k€64k▼
Equity10/15€39k€54k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€37k€51k▲
Amounts payable17/49€66k€11k▼
Amounts payable within one year42/48€66k€11k▼
Trade debts44€232€287▲
Suppliers440/4€232€287▲
Taxes, remuneration and social security45€17k€10k▼
Taxes450/3€14k€7k▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€49k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79€173▲
Other operating charges640/8€384€387▲
Gross operating margin9900€45k€18k▼
Operating profit (loss)9901€45k€18k▼
Financial income75/76B€103€459▲
Recurring financial income75€103€459▲
Financial charges65/66B€-365€39▲
Recurring financial charges65€-365€39▲
Profit (loss) for the period before taxes9903€45k€18k▼
Income taxes67/77€9k€4k▼
Profit (loss) for the period9904€36k€15k▼
Profit (loss) for the period to be appropriated9905€36k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€91k€51k▼
Profit (loss) brought forward from the previous period14P€55k€37k▼
Profit to be distributed694/7€54k-
Return on contributions (dividend)694€54k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €22 | €79 | €79 | €173 | ▲ 118% |
| Other operating charges640/8 | - | - | - | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €11k | €13k | €32k | €45k | €18k | ▼ 59.5% |
| Operating profit (loss)9901 | €11k | €13k | €32k | €45k | €18k | ▼ 60.3% |
| Financial income75/76B | - | €10k | €140 | €103 | €459 | ▲ 343% |
| Recurring financial income75 | €1 | €10k | €140 | €103 | €459 | ▲ 343% |
| Financial charges65/66B | - | €32 | €435 | €-365 | €39 | ▲ 111% |
| Recurring financial charges65 | €25 | €32 | €435 | €-365 | €39 | ▲ 111% |
| Profit (loss) for the period before taxes9903 | €11k | €23k | €32k | €45k | €18k | ▼ 59.8% |
| Income taxes67/77 | €2k | €3k | €6k | €9k | €4k | ▼ 59.5% |
| Profit (loss) for the period9904 | €9k | €20k | €25k | €36k | €15k | ▼ 59.9% |
| Profit (loss) for the period to be appropriated9905 | €9k | €20k | €25k | €36k | €15k | ▼ 59.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €25k | €44k | €71k | €105k | €64k | ▼ 38.8% |
| Fixed assets21/28 | €1 | €375 | €296 | €216 | €952 | ▲ 340% |
| Tangible fixed assets22/27 | - | €374 | €295 | €216 | €951 | ▲ 341% |
| Furniture and vehicles24 | - | €374 | €295 | €216 | €951 | ▲ 341% |
| Financial fixed assets28 | €1 | €1 | €1 | €1 | €1 | = |
| Current assets29/58 | €25k | €43k | €71k | €105k | €64k | ▼ 39.6% |
| Amounts receivable within one year40/41 | €8k | €8k | €9k | €30k | €31k | ▲ 2.7% |
| Trade receivables40 | - | €8k | €9k | €30k | €9k | ▼ 70.7% |
| Other amounts receivable41 | - | - | - | - | €22k | - |
| Current investments50/53 | €150 | €2k | €3k | €6k | €7k | ▲ 32.4% |
| Cash at bank and in hand54/58 | €17k | €33k | €58k | €70k | €25k | ▼ 63.8% |
| Deferred charges and accrued income490/1 | - | - | €61 | €61 | €260 | ▲ 329% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €25k | €44k | €71k | €105k | €64k | ▼ 38.8% |
| Equity10/15 | €11k | €32k | €57k | €39k | €54k | ▲ 37.0% |
| Contributions10/11 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €9k | €29k | €55k | €37k | €51k | ▲ 39.5% |
| Amounts payable17/49 | €14k | €12k | €14k | €66k | €11k | ▼ 83.8% |
| Amounts payable within one year42/48 | €14k | €12k | €14k | €66k | €11k | ▼ 83.8% |
| Trade debts44 | - | €283 | €294 | €232 | €287 | ▲ 23.4% |
| Suppliers440/4 | - | €283 | €294 | €232 | €287 | ▲ 23.4% |
| Taxes, remuneration and social security45 | - | €12k | €13k | €17k | €10k | ▼ 39.1% |
| Taxes450/3 | - | €9k | €10k | €14k | €7k | ▼ 47.5% |
| Remuneration and social security454/9 | - | €3k | €3k | €3k | €3k | ▲ 1.0% |
| Other amounts payable47/48 | - | €213 | €213 | €49k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €20k | €25k | €36k | €15k | ▼ 59.9% |
| + Depreciation and write-downs630 | - | €22 | €79 | €79 | €173 | ▲ 118% |
| Operating cash flow (approximation) | €9k | €20k | €25k | €36k | €15k | ▼ 59.5% |
| Investment in fixed assets (approximation) | - | €-396 | €0 | €0 | €-908 | - |
| Change in cash | - | €16k | €25k | €12k | €-44k | ▼ 483% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Liquidity quadruplescurrent ratio 5.93
Current ratio from 1.59 to 5.93; short-term debt falls from €66k to €11k.
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Highest result since 2021net €36k ▲42.7%
Operating result €45k, net result €36k, both a record.
2023
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Sankt Vith · 1 establishment unit since 2020
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.
Keppelborn,Wallerode 274780 Sankt Vith1 establishment unit
Keppelborn,Wallerode 27, 4780 Sankt Vith
since 20202.303.046.947
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Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 10,642 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-05-2020
Fiscal year end31-03
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
Contact
E-mail
gakrilu@hotmail.comSankt Vith
Scores and ratios are computed by Checked and are not a credit decision.