KOCH-GLITSCH
ActiveKOCH-GLITSCH has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.96M and a net result of €70k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 95% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64=
Solvency100=
Growth57▼-5
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 12.49 against 6.25 in 2024; short-term debt: 3.4% and cash: 36.4% of total assets), and 3.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
96.6%
Return on assets
1.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
29 d late
2023
99 d early
2022
52 d early
2021
37 d early
2020
72 d early
2019
57 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€984k▼ 14.1%
2024 · €1.15M
2022: €1.16M
2023: €1.17M
2024: €1.15M
2022 → 2025
EBIT margin
6.9%▲ 0.1pp
2024 · 6.8%
2022: 4.8%
2023: 6.6%
2024: 6.8%
2022 → 2025
Net result
€70k▼ 5.4%
2024 · €74k
2022: €58k
2023: €76k
2024: €74k
2022 → 2025
Working capital
€1.58M▲ 5.3%
2024 · €1.50M
2022: €1.35M
2023: €1.42M
2024: €1.50M
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€1.16M-€1.17M▲ 0.7%€1.15M▼ 2.3%€984k▼ 14.1%
Equity€3.74M-€3.82M▲ 2.0%€3.89M▲ 2.0%€3.96M▲ 1.8%
Operating result€56k-€78k▲ 38.2%€78k▲ 0.1%€68k▼ 13.1%
Net result€58k-€76k▲ 31.4%€74k▼ 1.6%€70k▼ 5.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.10M
Fixed assets
€2.38M▼ 0.4%
Current assets
€1.72M▼ 3.9%
Equity and liabilities €4.10M
Equity
€3.96M▲ 1.8%
Debt
€138k▼ 51.9%
The debt ratio falls from 6.9% to 3.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€74k▼
2024 · €87k
Cash flow
€77k▼
2024 · €84k
Solvency
96.6%▲
2024 · 93.1%
Current ratio
12.49▲
2024 · 6.25
Quick ratio
12.49▲
2024 · 6.25
Debt / equity
0.03▼
2024 · 0.07
ROE
1.8%▼
2024 · 1.9%
ROA
1.7%▼
2024 · 1.8%
Interest coverage
64.81▲
2024 · 44.59
Debt
€138k▼
2024 · €287k
Debt ≤ 1 year
€138k▼
2024 · €287k
Income taxes
€2k=
2024 · €2k
Staff costs
€747k▼
2024 · €807k
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€4.18M€4.10M▼
Fixed assets21/28€2.39M€2.38M▼
Tangible fixed assets22/27€10k€997▼
Furniture and vehicles24€10k€997▼
Financial fixed assets28€2.38M€2.38M=
Affiliated companies280/1€2.38M€2.38M=
Participating interests280€2.38M€2.38M=
Current assets29/58€1.79M€1.72M▼
Amounts receivable within one year40/41€335k€231k▼
Trade receivables40€329k€230k▼
Other amounts receivable41€6k€1k▼
Cash at bank and in hand54/58€1.45M€1.49M▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€4.18M€4.10M▼
Equity10/15€3.89M€3.96M▲
Contributions10/11€58.58M€58.58M=
Reserves13€9.90M€9.90M=
Non-distributable reserves130/1€676k€676k=
Reserves not available under the articles1311€676k€676k=
Tax-exempt reserves132€9.22M€9.22M=
Profit (loss) carried forward14€-64.58M€-64.51M▲
Amounts payable17/49€287k€138k▼
Amounts payable within one year42/48€287k€138k▼
Trade debts44€140k€43k▼
Suppliers440/4€140k€43k▼
Taxes, remuneration and social security45€147k€95k▼
Taxes450/3€2k€2k=
Remuneration and social security454/9€145k€94k▼
Income statement
Code20242025
Operating income70/76A€1.15M€984k▼
Turnover70€1.15M€984k▼
Operating charges60/66A€1.07M€916k▼
Services and other goods61€240k€132k▼
Remuneration, social security and pensions62€807k€747k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Other operating charges640/8€11k€31k▲
Operating profit (loss)9901€78k€68k▼
Financial income75/76B-€5k
Recurring financial income75-€5k
Other financial income752/9-€5k
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Other financial charges652/9€2k€1k▼
Profit (loss) for the period before taxes9903€76k€72k▼
Income taxes67/77€2k€2k=
Taxes670/3€2k€2k=
Profit (loss) for the period9904€74k€70k▼
Profit (loss) for the period to be appropriated9905€74k€70k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-64.58M€-64.51M▲
Profit (loss) brought forward from the previous period14P€-64.66M€-64.58M▲
Social balance
Average headcount (FTE)90876.65.9▼
The notes to these accounts (31 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
23-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2022net €76k ▲31.4%
Net result €76k, the highest in the series.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
20-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
18 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, Antwerpen · 1 establishment unit since 1989
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.
Belcrownlaan 132100 AntwerpenGround area
3,314 m²
Building footprint
933 m²
Volume, LiDAR
6,272 m³
Parcel 11012A0155/00T000, Flanders · tallest building 33.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Koch-Glitsch
since 19892.044.625.287
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11012A0155/00T000 | Flanders | 3,314 m² | 1 · 933 m² | 33.4 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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Mevogra
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Of 2,509 companies in sector 46649 we hold annual accounts for 1,761. 1,005 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-07-1989
Fiscal year end31-12
Activities, NACEBEL
46649Wholesale of other machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.