Knalgeel
ActiveKnalgeel has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €144k and a net result of €27k. Equity is growing by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 89% of 1502 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▼-3
Solvency100▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 5.43 against 2.71 in 2024; short-term debt: 16.8% and cash: 65.7% of total assets), and 16.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
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
83.2%
Return on assets
15.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
18 d late
2024
28 d late
2023
29 d late
2022
31 d early
2021
19 d late
2020
27 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€144k▲ 22.9%
2024 · €117k
2018: €14k
2019: €43k
2020: €54k
2021: €68k
2022: €92k
2023: €87k
2024: €117k
2018 → 2025
Total assets
€173k▲ 0.5%
2024 · €172k
2018: €75k
2019: €87k
2020: €107k
2021: €148k
2022: €142k
2023: €135k
2024: €172k
2018 → 2025
Net result
€27k▼ 11.3%
2024 · €30k
2018: €2k
2019: €29k
2020: €21k
2021: €13k
2022: €14k
2023: €-5k
2024: €30k
2018 → 2025
Working capital
€129k▲ 36.9%
2024 · €94k
2018: €2k
2019: €35k
2020: €51k
2021: €66k
2022: €56k
2023: €56k
2024: €94k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€68k-€92k▲ 35.3%€87k▼ 5.6%€117k▲ 34.9%€144k▲ 22.9%
Operating result€17k-€22k▲ 24.6%€-4k€44k€33k▼ 25.1%
Net result€13k-€14k▲ 4.7%€-5k€30k€27k▼ 11.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €173k
Fixed assets
€15k▼ 34.6%
Current assets
€158k▲ 5.9%
Equity and liabilities €173k
Equity
€144k▲ 22.9%
Debt
€29k▼ 47.2%
The debt ratio falls from 32.0% to 16.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€43k▼
2024 · €54k
Cash flow
€36k▼
2024 · €39k
Solvency
83.2%▲
2024 · 68.0%
Current ratio
5.43▲
2024 · 2.71
Quick ratio
5.43▲
2024 · 2.71
Debt / equity
0.20▼
2024 · 0.47
ROE
18.7%▼
2024 · 25.9%
ROA
15.5%▼
2024 · 17.6%
Interest coverage
504.56▲
2024 · 375.50
Debt
€29k▼
2024 · €55k
Debt ≤ 1 year
€29k▼
2024 · €55k
Income taxes
€6k▼
2024 · €14k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€172k€173k▲
Fixed assets21/28€23k€15k▼
Tangible fixed assets22/27€23k€15k▼
Furniture and vehicles24€23k€15k▼
Current assets29/58€149k€158k▲
Amounts receivable within one year40/41€35k€44k▲
Trade receivables40€34k€34k▼
Other amounts receivable41€900€10k▲
Cash at bank and in hand54/58€113k€114k▲
Deferred charges and accrued income490/1€1k€457▼
Equity and liabilities
Total equity and liabilities10/49€172k€173k▲
Equity10/15€117k€144k▲
Contributions10/11€14k€14k=
Reserves13€100k€120k▲
Non-distributable reserves130/1€100k€120k▲
Other1319€100k€120k▲
Profit (loss) carried forward14€3k€10k▲
Amounts payable17/49€55k€29k▼
Amounts payable within one year42/48€55k€29k▼
Trade debts44€8k€10k▲
Suppliers440/4€8k€10k▲
Taxes, remuneration and social security45€13k€13k▲
Taxes450/3€8k€8k▲
Remuneration and social security454/9€5k€5k▲
Other amounts payable47/48€34k€6k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€1k€723▼
Gross operating margin9900€55k€44k▼
Operating profit (loss)9901€44k€33k▼
Financial income75/76B€30-
Recurring financial income75€30-
Financial charges65/66B€143€85▼
Recurring financial charges65€143€85▼
Profit (loss) for the period before taxes9903€44k€33k▼
Income taxes67/77€14k€6k▼
Profit (loss) for the period9904€30k€27k▼
Profit (loss) for the period to be appropriated9905€30k€27k▼
Appropriation of the result
Profit (loss) to be appropriated9906€28k€30k▲
Profit (loss) brought forward from the previous period14P€-2k€3k▲
Transfer to equity691/2€25k€20k▼
To other reserves6921€25k€20k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 18 days late
2025
31-12
Financial
Liquidity doublescurrent ratio 5.43
Current ratio from 2.71 to 5.43; short-term debt falls from €55k to €29k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
31-12
Financial
Equity above €100kEq €117k ▲34.9%
Equity rises from €87k to €117k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-5k ▼136%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
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, Zemst · 1 establishment unit since 2018
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.
Bergstraat 261982 ZemstGround area
803 m²
Building footprint
136 m²
Volume, LiDAR
542 m³
Parcel 23092A0337/00X002, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Knalgeel
since 20182.277.523.772
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23092A0337/00X002 | Flanders | 803 m² | 1 · 136 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 110 EUR awarded · 110 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 110 EUR | 110 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 517 companies in sector 77222 we hold annual accounts for 165. 131 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-11-2015
Fiscal year end31-12
Activities, NACEBEL
77222Rental and leasing activities
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
78200Temporary employment agencies and other provision of personnel
78300Employment activities
82990Other business support services
90029Arts creation and performing arts activities
90399Other support activities for arts and performing arts
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.