KM GROEP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €2.12M and a net result of €373k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 74% of 6156 sector peers (fiscal year 2024). The company has been active since 2013 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 advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
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 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
21 d early
2022
28 d late
2021
30 d late
2020
18 d late
2019
67 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€2.12M▲ 21.3%
2023 · €1.75M
2018: €322k
2019: €1.41M
2020: €1.44M
2021: €1.55M
2022: €1.66M
2023: €1.75M
2018 → 2024
Net result
€373k▲ 122%
2023 · €168k
2018: €143k
2019: €1.17M
2020: €104k
2021: €198k
2022: €190k
2023: €168k
2018 → 2024
Total assets
€2.73M▼ 3.6%
2023 · €2.83M
2018: €1.42M
2019: €1.68M
2020: €1.65M
2021: €2.71M
2022: €2.88M
2023: €2.83M
2018 → 2024
Solvency
77.9%▲ 16.0pp
2023 · 61.9%
2018: 22.7%
2019: 84.2%
2020: 87.2%
2021: 57.5%
2022: 57.7%
2023: 61.9%
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.44M-€1.55M▲ 8.2%€1.66M▲ 7.1%€1.75M▲ 5.3%€2.12M▲ 21.3%
Operating result€117k-€247k▲ 111%€230k▼ 7.0%€201k▼ 12.6%€137k▼ 31.8%
Net result€104k-€198k▲ 89.8%€190k▼ 4.0%€168k▼ 11.6%€373k▲ 122%
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 three years in a row; 2024 is 32% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.73M
Fixed assets
€2.44M=
Current assets
€292k▼ 26.0%
Equity and liabilities €2.73M
Equity
€2.12M▲ 21.3%
Debt
€603k▼ 44.1%
The debt ratio falls from 38.1% to 22.1%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
77.9%▲
2023 · 61.9%
ROE
17.5%▲
2023 · 9.6%
ROA
13.7%▲
2023 · 5.9%
Debt
€603k▼
2023 · €1.08M
Debt ≤ 1 year
€603k▼
2023 · €1.01M
Income taxes
€34k▲
2023 · €30k
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€2.83M€2.73M▼
Fixed assets21/28€2.44M€2.44M=
Financial fixed assets28€2.44M€2.44M=
Current assets29/58€394k€292k▼
Amounts receivable within one year40/41€170k€163k▼
Trade receivables40€165k€113k▼
Other amounts receivable41€5k€51k▲
Cash at bank and in hand54/58€222k€128k▼
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€2.83M€2.73M▼
Equity10/15€1.75M€2.12M▲
Contributions10/11€140k€140k=
Reserves13€1.61M€1.98M▲
Distributable reserves133€1.61M€1.98M▲
Amounts payable17/49€1.08M€603k▼
Amounts payable after more than one year17€65k-
Financial debts170/4€65k-
Amounts payable within one year42/48€1.01M€603k▼
Trade debts44€49k€98k▲
Suppliers440/4€49k€98k▲
Taxes, remuneration and social security45€1k€9k▲
Taxes450/3€1k€9k▲
Other amounts payable47/48€963k€496k▼
Accrued charges and deferred income492/3€20-
Income statement
Code20232024
Other operating charges640/8€1k€1k▼
Gross operating margin9900€202k€138k▼
Operating profit (loss)9901€201k€137k▼
Financial income75/76B-€270k
Recurring financial income75-€270k
Financial charges65/66B€4k€185▼
Recurring financial charges65€4k€185▼
Profit (loss) for the period before taxes9903€197k€407k▲
Income taxes67/77€30k€34k▲
Profit (loss) for the period9904€168k€373k▲
Profit (loss) for the period to be appropriated9905€168k€373k▲
Appropriation of the result
Profit (loss) to be appropriated9906€168k€373k▲
Transfer to equity691/2€88k€373k▲
To other reserves6921€88k€373k▲
Profit to be distributed694/7€80k-
Directors or managers695€80k-
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Equity above €2MEq €2.12M ▲21.3%
7 profitable years in a row build equity to €2.12M.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
31-12
Financial
Weakest financial yearnet €104k ▼91.1%
Net result drops to €104k, the lowest in the series; recovery starts the following year.
06-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 67 days late
2019
31-12
Financial
Highest result since 2018net €1.17M ▲722%
Net result €1.17M, the highest in the series.
31-12
Financial
Liquidity times 11current ratio 2.35
Current ratio from 0.21 to 2.35; short-term debt falls from €961k to €195k.
31-12
Financial
Equity above €1MEq €1.41M ▲339%
2 profitable years in a row build equity to €1.41M.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 12 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 22 days late
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · 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, Herk-de-Stad · 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.
Industrieweg 11503540 Herk-de-StadGround area
4,850 m²
Building footprint
1,874 m²
Volume, LiDAR
10,679 m³
Parcel 71024A0244/00H000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KM Groep BVBA
since 20132.224.414.094
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71024A0244/00H000 | Flanders | 4,850 m² | 1 · 1,874 m² | 8.5 m · 2 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.
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EV-TRADING
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 10,744 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-11-2013
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.