KLINGELE
ActiveSummary
KLINGELE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €580k and a net result of €50k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 54% of 8692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▼-25
Solvency82▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity tight (current ratio 1.28 against 1.43 in 2024; short-term debt: 15% and cash: 1.2% of total assets), and 42.7% 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○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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
57.3%
Return on assets
5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-03-2026, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
38 d early
2024
43 d early
2023
35 d early
2022
11 d early
2021
40 d early
2020
8 d early
2019
35 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€580k▼ 7.6%
2024 · €628k
2018: €383k
2019: €481k▲ +25.6% vs 2018
2020: €383k▼ -20.3% vs 2019
2021: €376k▼ -2.0% vs 2020
2022: €365k▼ -3.0% vs 2021lowest in 8 years
2023: €467k▲ +28.0% vs 2022
2024: €628k▲ +34.5% vs 2023highest in 8 years
2025: €580k▼ -7.6% vs 2024
2018 → 2025
Total assets
€1.01M▼ 2.0%
2024 · €1.03M
2018: €437k
2019: €519k▲ +18.6% vs 2018
2020: €541k▲ +4.3% vs 2019
2021: €461k▼ -14.7% vs 2020
2022: €425k▼ -7.9% vs 2021lowest in 8 years
2023: €546k▲ +28.6% vs 2022
2024: €1.03M▲ +89.1% vs 2023highest in 8 years
2025: €1.01M▼ -2.0% vs 2024
2018 → 2025
Net result
€50k▼ 83.2%
2024 · €300k
2018: €36k
2019: €113k▲ +213% vs 2018
2020: €180k▲ +59.9% vs 2019
2021: €-8k▼ -104% vs 2020lowest in 8 years
2022: €12k▲ +261% vs 2021
2023: €307k▲ +2406% vs 2022highest in 8 years
2024: €300k▼ -2.3% vs 2023
2025: €50k▼ -83.2% vs 2024
2018 → 2025
Working capital
€43k▼ 75.3%
2024 · €175k
2018: €172k
2019: €281k▲ +63.5% vs 2018
2020: €195k▼ -30.8% vs 2019
2021: €193k▼ -0.8% vs 2020
2022: €180k▼ -6.8% vs 2021
2023: €285k▲ +58.0% vs 2022highest in 8 years
2024: €175k▼ -38.5% vs 2023
2025: €43k▼ -75.3% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€376k-€365k▼ 3.0%€467k▲ 28.0%€628k▲ 34.5%€580k▼ 7.6%
2021: €376k
2022: €365k▼ -3.0% vs 2021lowest in 5 years
2023: €467k▲ +28.0% vs 2022
2024: €628k▲ +34.5% vs 2023highest in 5 years
2025: €580k▼ -7.6% vs 2024
Operating result€-12k-€13k€143k▲ 990%€108k▼ 24.8%€73k▼ 32.1%
2021: €-12klowest in 5 years
2022: €13k▲ +214% vs 2021
2023: €143k▲ +990% vs 2022highest in 5 years
2024: €108k▼ -24.8% vs 2023
2025: €73k▼ -32.1% vs 2024
Net result€-8k-€12k€307k▲ 2,406%€300k▼ 2.3%€50k▼ 83.2%
2021: €-8klowest in 5 years
2022: €12k▲ +261% vs 2021
2023: €307k▲ +2406% vs 2022highest in 5 years
2024: €300k▼ -2.3% vs 2023
2025: €50k▼ -83.2% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.01M
Fixed assets
€817k ▲ 80.6%
Current assets
€195k ▼ 66.4%
Equity and liabilities €1.01M
Equity
€580k ▼ 7.6%
Debt
€432k ▲ 6.6%
Debt's share of the balance-sheet total rises from 39.2% to 42.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€108k▼
2024 · €116k
Cash flow
€85k▼
2024 · €308k
Current ratio
1.28▼
2024 · 1.43
Debt to equity
0.74▲
2024 · 0.65
ROE
8.7%▼
2024 · 47.8%
ROA
5.0%▼
2024 · 29.0%
Interest coverage
13.27▼
2024 · 794.60
Debt ≤ 1 year
€152k▼
2024 · €405k
Debt > 1 year
€276k
Income taxes
€17k▼
2024 · €28k
Staff costs
€0▼
2024 · €108
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.03M€1.01M▼
Fixed assets21/28€452k€817k▲
Tangible fixed assets22/27€295k€660k▲
Land and buildings22€11k€14k▲
Furniture and vehicles24€273k€246k▼
Other tangible fixed assets26€11k€400k▲
Financial fixed assets28€157k€157k=
Current assets29/58€581k€195k▼
Amounts receivable within one year40/41€369k€183k▼
Trade receivables40€24k€76k▲
Other amounts receivable41€344k€108k▼
Cash at bank and in hand54/58€212k€12k▼
Equity and liabilities
Total equity and liabilities10/49€1.03M€1.01M▼
Equity10/15€628k€580k▼
Contributions10/11€25k€25k=
Reserves13€500k€500k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€500k€500k▼
Profit (loss) carried forward14€103k€55k▼
Amounts payable17/49€405k€432k▲
Amounts payable after more than one year17-€276k
Financial debts170/4-€276k
Amounts payable within one year42/48€405k€152k▼
Current portion of amounts payable after more than one year42-€40k
Trade debts44€256k€1k▼
Suppliers440/4€256k€1k▼
Taxes, remuneration and social security45€840€2k▲
Taxes450/3€840€2k▲
Other amounts payable47/48€149k€109k▼
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Remuneration, social security and pensions62€108€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€34k▲
Other operating charges640/8€528€544▲
Gross operating margin9900€117k€108k▼
Operating profit (loss)9901€108k€73k▼
Financial income75/76B€220k€3k▼
Recurring financial income75€220k€3k▼
Financial charges65/66B€146€8k▲
Recurring financial charges65€146€8k▲
Profit (loss) for the period before taxes9903€328k€68k▼
Income taxes67/77€28k€17k▼
Profit (loss) for the period9904€300k€50k▼
Profit (loss) for the period to be appropriated9905€300k€50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€323k€153k▼
Profit (loss) brought forward from the previous period14P€23k€103k▲
Transfer from equity791/2€19k€98k▲
Transfer to equity691/2€100k€98k▼
To other reserves6921€100k€98k▼
Profit to be distributed694/7€139k€98k▼
Return on contributions (dividend)694€139k€98k▼
The notes to these accounts (20 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €108 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €7k | €6k | €8k | €34k | ▲ 314% |
| Other operating charges640/8 | - | €469 | €516 | €528 | €544 | ▲ 3.0% |
| Gross operating margin9900 | €5k | €20k | €150k | €117k | €108k | ▼ 7.4% |
| Operating profit (loss)9901 | €-12k | €13k | €143k | €108k | €73k | ▼ 32.1% |
| Financial income75/76B | - | €4k | €201k | €220k | €3k | ▼ 98.8% |
| Recurring financial income75 | €4k | €4k | €201k | €220k | €3k | ▼ 98.8% |
| Financial charges65/66B | - | €175 | €249 | €146 | €8k | ▲ 5,448% |
| Recurring financial charges65 | €77 | €175 | €249 | €146 | €8k | ▲ 5,448% |
| Profit (loss) for the period before taxes9903 | €-8k | €17k | €344k | €328k | €68k | ▼ 79.4% |
| Income taxes67/77 | €-33 | €5k | €37k | €28k | €17k | ▼ 38.0% |
| Profit (loss) for the period9904 | €-8k | €12k | €307k | €300k | €50k | ▼ 83.2% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €12k | €307k | €300k | €50k | ▼ 83.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €461k | €425k | €546k | €1.03M | €1.01M | ▼ 2.0% |
| Fixed assets21/28 | €182k | €184k | €182k | €452k | €817k | ▲ 80.6% |
| Tangible fixed assets22/27 | €25k | €27k | €25k | €295k | €660k | ▲ 123% |
| Land and buildings22 | - | €10k | €9k | €11k | €14k | ▲ 25.9% |
| Furniture and vehicles24 | - | €5k | €5k | €273k | €246k | ▼ 9.9% |
| Other tangible fixed assets26 | - | €12k | €10k | €11k | €400k | ▲ 3,456% |
| Financial fixed assets28 | €157k | €157k | €157k | €157k | €157k | = |
| Current assets29/58 | €279k | €241k | €365k | €581k | €195k | ▼ 66.4% |
| Amounts receivable within one year40/41 | €226k | €239k | €231k | €369k | €183k | ▼ 50.2% |
| Trade receivables40 | - | €31k | €31k | €24k | €76k | ▲ 212% |
| Other amounts receivable41 | - | €209k | €200k | €344k | €108k | ▼ 68.7% |
| Cash at bank and in hand54/58 | €53k | €1k | €134k | €212k | €12k | ▼ 94.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €461k | €425k | €546k | €1.03M | €1.01M | ▼ 2.0% |
| Equity10/15 | €376k | €365k | €467k | €628k | €580k | ▼ 7.6% |
| Contributions10/11 | - | €25k | €25k | €25k | €25k | = |
| Reserves13 | €348k | €324k | €419k | €500k | €500k | ▼ 0.1% |
| Non-distributable reserves130/1 | - | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €0 | - | - |
| Distributable reserves133 | - | €322k | €417k | €500k | €500k | ▼ 0.1% |
| Profit (loss) carried forward14 | €3k | €15k | €23k | €103k | €55k | ▼ 45.9% |
| Amounts payable17/49 | €85k | €60k | €80k | €405k | €432k | ▲ 6.6% |
| Amounts payable after more than one year17 | - | - | - | - | €276k | - |
| Financial debts170/4 | - | - | - | - | €276k | - |
| Amounts payable within one year42/48 | €85k | €60k | €80k | €405k | €152k | ▼ 62.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €40k | - |
| Trade debts44 | €219 | €763 | €1k | €256k | €1k | ▼ 99.6% |
| Suppliers440/4 | - | €763 | €1k | €256k | €1k | ▼ 99.6% |
| Taxes, remuneration and social security45 | - | €6k | €31k | €840 | €2k | ▲ 87.1% |
| Taxes450/3 | - | €6k | €31k | €840 | €2k | ▲ 87.1% |
| Other amounts payable47/48 | - | €54k | €47k | €149k | €109k | ▼ 26.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | €4k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €12k | €307k | €300k | €50k | ▼ 83.2% |
| + Depreciation and write-downs630 | €16k | €7k | €6k | €8k | €34k | ▲ 314% |
| Operating cash flow (approximation) | €8k | €19k | €313k | €308k | €85k | ▼ 72.5% |
| Investment in fixed assets (approximation) | - | €-8k | €-3k | €-279k | €-399k | ▼ 43.0% |
| Change in cash | - | €-52k | €133k | €78k | €-200k | ▼ 357% |
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
2026
23-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Equity above €500kEq €628k ▲34.5%
3 profitable years in a row build equity to €628k.
26-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2018net €307k ▲2,406%
Operating result €143k, net result €307k, both a record.
19-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-09
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
21-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
22-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Liquidity doublescurrent ratio 8.52
Current ratio from 4.17 to 8.52; short-term debt falls from €54k to €37k.
Show earlier events
25-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-03
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Gent · 1 establishment unit since 2000
Ground area
849 m²
Building footprint
204 m²
Volume, LiDAR
915 m³
Parcel 44017A0910/00A000, Flanders · tallest building 6.7 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Luchterenkouter 7, 9031 Gent
since 20002.099.315.768
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017A0910/00A000 | Flanders | 849 m² | 1 · 204 m² | 6.7 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 5,710 companies in sector 70100 we hold annual accounts for 3,495. 2,146 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
Founded19-10-1999
Fiscal year end30-09
Activities, NACEBEL 2025
70100Activities of head offices
Scores and ratios are computed by Checked and are not a credit decision.