KOCKX
ActiveKOCKX has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €466k and a net result of €-10k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 95% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability66▲+60
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 38.16 against 10.82 in 2024; short-term debt: 2.5% and cash: 17.1% of total assets), and 2.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
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
97.5%
Return on assets
-2.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-10k
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
26 d late
2023
37 d early
2022
29 d late
2021
33 d early
2020
25 d early
2019
19 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€466k▼ 2.1%
2024 · €476k
2018: €504k
2019: €504k
2020: €522k
2021: €549k
2022: €547k
2023: €530k
2024: €476k
2018 → 2025
Total assets
€478k▼ 8.1%
2024 · €520k
2018: €547k
2019: €530k
2020: €611k
2021: €611k
2022: €596k
2023: €579k
2024: €520k
2018 → 2025
Net result
€-10k▲ 81.0%
2024 · €-54k
2018: €-69
2019: €15k
2020: €64k
2021: €52k
2022: €15k
2023: €4k
2024: €-54k
2018 → 2025
Working capital
€444k▲ 2.6%
2024 · €433k
2018: €474k
2019: €470k
2020: €468k
2021: €503k
2022: €497k
2023: €490k
2024: €433k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€549k-€547k▼ 0.3%€530k▼ 3.2%€476k▼ 10.2%€466k▼ 2.1%
Operating result€47k-€12k▼ 73.2%€-2k€-56k▼ 3,586%€-13k▲ 77.3%
Net result€52k-€15k▼ 71.5%€4k▼ 71.8%€-54k€-10k▲ 81.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2025 against €56k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €478k
Fixed assets
€22k▼ 49.6%
Current assets
€456k▼ 4.4%
Equity and liabilities €478k
Equity
€466k▼ 2.1%
Debt
€12k▼ 72.9%
The debt ratio falls from 8.5% to 2.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9k▲
2024 · €-34k
Cash flow
€11k▲
2024 · €-31k
Solvency
97.5%▲
2024 · 91.5%
Current ratio
38.16▲
2024 · 10.82
Quick ratio
32.27▲
2024 · 9.02
Debt / equity
0.03▼
2024 · 0.09
ROE
-2.2%▲
2024 · -11.3%
ROA
-2.1%▲
2024 · -10.3%
Interest coverage
6.58▲
2024 · -17.02
Debt
€12k▼
2024 · €44k
Debt ≤ 1 year
€12k▼
2024 · €44k
Income taxes
€0▼
2024 · €3k
Staff costs
€63k▲
2024 · €62k
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€520k€478k▼
Fixed assets21/28€43k€22k▼
Tangible fixed assets22/27€43k€22k▼
Plant, machinery and equipment23€21k€14k▼
Furniture and vehicles24€12k€8k▼
Leasing and similar rights25€11k€0▼
Current assets29/58€477k€456k▼
Amounts receivable after more than one year29€284k€284k=
Other amounts receivable291€284k€284k=
Stocks and contracts in progress3€80k€70k▼
Stocks30/36€70k€70k=
Contracts in progress37€9k€0▼
Amounts receivable within one year40/41€22k€12k▼
Trade receivables40€14k€7k▼
Other amounts receivable41€8k€5k▼
Cash at bank and in hand54/58€84k€82k▼
Deferred charges and accrued income490/1€8k€8k▼
Equity and liabilities
Total equity and liabilities10/49€520k€478k▼
Equity10/15€476k€466k▼
Contributions10/11€19k€19k=
Reserves13€495k€495k=
Distributable reserves133€495k€495k=
Profit (loss) carried forward14€-37k€-47k▼
Amounts payable17/49€44k€12k▼
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€44k€12k▼
Current portion of amounts payable after more than one year42€17k€0▼
Financial debts43€2k€2k▼
Credit institutions430/8€2k€2k▼
Trade debts44€15k€2k▼
Suppliers440/4€15k€2k▼
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3-€2k
Remuneration and social security454/9€1k€0▼
Other amounts payable47/48€10k€6k▼
Income statement
Code20242025
Non-recurring operating income76A€100€2k▲
Remuneration, social security and pensions62€62k€63k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€21k▼
Other operating charges640/8€2k€2k▲
Gross operating margin9900€30k€74k▲
Operating profit (loss)9901€-56k€-13k▲
Financial income75/76B€7k€7k▼
Recurring financial income75€7k€7k▼
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€1k▼
Non-recurring financial charges66B-€3k
Profit (loss) for the period before taxes9903€-51k€-10k▲
Income taxes67/77€3k€0▼
Profit (loss) for the period9904€-54k€-10k▲
Profit (loss) for the period to be appropriated9905€-54k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€-47k▼
Profit (loss) brought forward from the previous period14P€17k€-37k▼
Transfer from equity791/2€0-
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (10 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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
26-03
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director discharge4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director discharge4 facts ▸
- General meeting, 16/01/2026
- Director resignation, Ivan Kockx (niet-statutaire bestuurder)
- Director discharge, Ivan Kockx
- Power of attorney, BV Bonne Fiduciaire BV
2025
31-12
Financial
Liquidity quadruplescurrent ratio 38.16
Current ratio from 10.82 to 38.16; short-term debt falls from €44k to €12k.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €-54k ▼1386%
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €64k ▲330%
Operating result €74k, net result €64k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 19 days late
2019
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
08-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 69 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-12-2025
Resigned as Non-statutory director
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 1984
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.
Baarleveldestraat 489031 GentGround area
2,461 m²
Building footprint
236 m²
Volume, LiDAR
911 m³
Parcel 44017D0678/00D000, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
KOCKX
since 19842.023.561.837
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017D0678/00D000 | Flanders | 2,461 m² | 1 · 236 m² | 6.8 m · 1 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
2023 · 1 entry · 500 EUR awarded · 500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 500 EUR | 500 EUR |
Schemes
Stagebonus (stopgezet)
Recognitions · licences · registrations
Recognised contractor
6 categoriesKOCKX BV42121
Dual-learning approval
4 live approvals · 2 endedBrandertechnicus gas/stookolie duaal (so)
Monteur sanitaire en verwarmingsinstallaties duaal (so)
Technicus installatietechnieken (vwo)
Technicus installatietechnieken duaal (so)
Similar companies · same sector, comparable size
A + ENERGIES
BE 0536.322.797
Leuze-en-Hainaut · Eq €466k
BROECKX - VERSWIJVEL
BE 0816.762.467
Ranst · Eq €467k
CBE
BE 0818.002.582
Roeselare · Eq €465k
Aquagroup
BE 0841.710.075
Waregem · Eq €465k
SANI - BETON
BE 0452.298.231
Ukkel · Eq €468k
Of 7,042 companies in sector 43221 we hold annual accounts for 3,467. 2,387 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-12-1983
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
45332
43222Installation of electric heating, air conditioning, cooling and ventilation
43410Roofing work
45220
Sources
Crossroads Bank for EnterprisesNational Bank · 42 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.