KNEVELS
ActiveThe annual accounts of KNEVELS for fiscal year 2025 show a net loss of 64% of the equity at the start of that year. The 2025 annual accounts show equity of €23k and a net result of €-41k. Equity is shrinking by ~13% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 13% of 27676 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability19▼-53
Solvency34▼-9
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.74 against 0.96 in 2024; short-term debt: 45.3% and cash: 0% of total assets), and 91.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
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 2025Solvency, return and age of the figures
Solvency
8.7%
Return on assets
-15.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 27676 sector peers (2025).
NBB · sector comparisonPosition among 27676 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
16 d early
2023
12 d early
2022
32 d early
2021
25 d early
2020
36 d early
2019
87 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▼ 64.1%
2024 · €65k
2018: €121k
2019: €120k
2020: €135k
2021: €143k
2022: €109k
2023: €55k
2024: €65k
2018 → 2025
Total assets
€268k▼ 26.1%
2024 · €362k
2018: €449k
2019: €410k
2020: €452k
2021: €526k
2022: €495k
2023: €401k
2024: €362k
2018 → 2025
Net result
€-41k
2024 · €10k
2018: €4k
2019: €-2k
2020: €15k
2021: €8k
2022: €-34k
2023: €-55k
2024: €10k
2018 → 2025
Working capital
€-32k▼ 451%
2024 · €-6k
2018: €18k
2019: €10k
2020: €34k
2021: €14k
2022: €-9k
2023: €-43k
2024: €-6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€143k-€109k▼ 23.8%€55k▼ 50.0%€65k▲ 18.7%€23k▼ 64.1%
Operating result€21k-€-24k€-42k▼ 79.9%€24k€-25k
Net result€8k-€-34k€-55k▼ 60.1%€10k€-41k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €25k after €24k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €268k
Fixed assets
€178k▼ 25.9%
Current assets
€90k▼ 26.5%
Equity and liabilities €268k
Equity
€23k▼ 64.1%
Debt
€244k▼ 17.8%
The debt ratio rises from 82.1% to 91.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€37k▼
2024 · €90k
Cash flow
€21k▼
2024 · €77k
Solvency
8.7%▼
2024 · 17.9%
Current ratio
0.74▼
2024 · 0.96
Quick ratio
0.18▼
2024 · 0.43
Debt / equity
10.52▲
2024 · 4.60
ROE
-178.6%▼
2024 · 15.8%
ROA
-15.5%▼
2024 · 2.8%
Interest coverage
2.22▼
2024 · 6.51
Debt
€244k▼
2024 · €298k
Debt ≤ 1 year
€121k▼
2024 · €128k
Debt > 1 year
€123k▼
2024 · €169k
Income taxes
€154▼
2024 · €157
Staff costs
€129k▲
2024 · €115k
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€362k€268k▼
Fixed assets21/28€240k€178k▼
Intangible fixed assets21€1k€992▼
Tangible fixed assets22/27€234k€172k▼
Land and buildings22€143k€127k▼
Plant, machinery and equipment23€69k€37k▼
Furniture and vehicles24€1k€671▼
Leasing and similar rights25€21k€7k▼
Financial fixed assets28€5k€5k=
Current assets29/58€122k€90k▼
Stocks and contracts in progress3€67k€69k▲
Stocks30/36€60k€60k=
Contracts in progress37€7k€9k▲
Amounts receivable within one year40/41€48k€21k▼
Trade receivables40€39k€17k▼
Other amounts receivable41€10k€4k▼
Cash at bank and in hand54/58€5k€0▼
Deferred charges and accrued income490/1€2k€594▼
Equity and liabilities
Total equity and liabilities10/49€362k€268k▼
Equity10/15€65k€23k▼
Contributions10/11€19k€19k=
Reserves13€125k€125k=
Distributable reserves133€125k€125k=
Profit (loss) carried forward14€-79k€-120k▼
Amounts payable17/49€298k€244k▼
Amounts payable after more than one year17€169k€123k▼
Financial debts170/4€169k€123k▼
Amounts payable within one year42/48€128k€121k▼
Current portion of amounts payable after more than one year42€50k€46k▼
Financial debts43€16k€34k▲
Credit institutions430/8€16k€34k▲
Trade debts44€56k€34k▼
Suppliers440/4€56k€34k▼
Taxes, remuneration and social security45€7k€6k▼
Taxes450/3€311€3k▲
Remuneration and social security454/9€7k€3k▼
Accrued charges and deferred income492/3€469€322▼
Income statement
Code20242025
Non-recurring operating income76A€5k€0▼
Remuneration, social security and pensions62€115k€129k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€62k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€19k
Other operating charges640/8€9k€7k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€214k€192k▼
Operating profit (loss)9901€24k€-25k▼
Financial income75/76B€692€501▼
Recurring financial income75€692€501▼
Financial charges65/66B€14k€17k▲
Recurring financial charges65€14k€17k▲
Profit (loss) for the period before taxes9903€10k€-41k▼
Income taxes67/77€157€154▼
Profit (loss) for the period9904€10k€-41k▼
Profit (loss) for the period to be appropriated9905€10k€-41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-79k€-120k▼
Profit (loss) brought forward from the previous period14P€-89k€-79k▲
The notes to these accounts (17 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-55k
Net result drops to €-55k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
06-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Oudsbergen · 2 establishment units since 2007
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.
Sompenstraat 53670 OudsbergenGround area
1,860 m²
Building footprint
781 m²
Volume, LiDAR
5,606 m³
2 parcels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Knevels BVBA
since 20072.162.670.329
Knevels BVBA
since 20102.238.453.558
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72022B0345/00E002 | Flanders | 1,105 m² | 1 · 644 m² | 8.8 m · 2 fl. |
| 72402B0756/00L002 | Flanders | 754 m² | 1 · 137 m² | 8.2 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 2 entries · 1,724 EUR awarded · 1,433 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 218 EUR | 218 EUR |
| 2022 | 1 | 1,506 EUR | 1,215 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 6,388 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-03-2007
Fiscal year end31-12
Activities, NACEBEL
20300
43320Joinery installation
45421
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.