KORTE HEIDE
ActiveKORTE HEIDE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.30M and a net result of €94k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 1287 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
Profitability78▲+3
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 45.59 against 67.11 in 2024; short-term debt: 1.2% and cash: 24.5% of total assets), and 1.2% 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
98.8%
Return on assets
7.2%
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 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 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
21 d late
2024
22 d late
2023
31 d late
2022
3 d early
2021
5 d early
2020
25 d late
2019
on the day
← 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, micro schema
Equity
€1.30M▲ 7.8%
2024 · €1.20M
2018: €767k
2019: €862k
2020: €967k
2021: €1.05M
2022: €1.10M
2023: €1.14M
2024: €1.20M
2018 → 2025
Total assets
€1.31M▲ 8.3%
2024 · €1.21M
2018: €779k
2019: €870k
2020: €990k
2021: €1.09M
2022: €1.12M
2023: €1.28M
2024: €1.21M
2018 → 2025
Net result
€94k▲ 58.4%
2024 · €60k
2018: €77k
2019: €95k
2020: €105k
2021: €84k
2022: €54k
2023: €71k
2024: €60k
2018 → 2025
Working capital
€715k▲ 10.5%
2024 · €647k
2018: €467k
2019: €592k
2020: €698k
2021: €756k
2022: €761k
2023: €692k
2024: €647k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.05M-€1.10M▲ 5.1%€1.14M▲ 3.5%€1.20M▲ 5.2%€1.30M▲ 7.8%
Operating result€119k-€67k▼ 43.4%€95k▲ 41.2%€81k▼ 14.3%€136k▲ 67.7%
Net result€84k-€54k▼ 36.0%€71k▲ 32.6%€60k▼ 16.3%€94k▲ 58.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 68% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.31M
Fixed assets
€583k▲ 4.7%
Current assets
€731k▲ 11.3%
Equity and liabilities €1.31M
Equity
€1.30M▲ 7.8%
Debt
€16k▲ 63.8%
The debt ratio rises from 0.8% to 1.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€213k▲
2024 · €168k
Cash flow
€171k▲
2024 · €146k
Solvency
98.8%▼
2024 · 99.2%
Current ratio
45.59▼
2024 · 67.11
Quick ratio
45.59▼
2024 · 67.11
Debt / equity
0.01▲
2024 · 0.01
ROE
7.3%▲
2024 · 4.9%
ROA
7.2%▲
2024 · 4.9%
Interest coverage
703.18▲
2024 · 578.18
Debt
€16k▲
2024 · €10k
Debt ≤ 1 year
€16k▲
2024 · €10k
Income taxes
€44k▲
2024 · €23k
Staff costs
€33k▼
2024 · €34k
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€1.21M€1.31M▲
Fixed assets21/28€557k€583k▲
Tangible fixed assets22/27€557k€583k▲
Land and buildings22€38k€19k▼
Plant, machinery and equipment23€5k€7k▲
Furniture and vehicles24-€53k
Leasing and similar rights25€514k€504k▼
Current assets29/58€656k€731k▲
Amounts receivable within one year40/41€9k€13k▲
Trade receivables40-€9k
Other amounts receivable41€9k€4k▼
Current investments50/53€392k€392k=
Cash at bank and in hand54/58€253k€322k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.31M▲
Equity10/15€1.20M€1.30M▲
Contributions10/11€6k€6k=
Reserves13€1.20M€1.29M▲
Distributable reserves133€1.20M€1.29M▲
Amounts payable17/49€10k€16k▲
Amounts payable within one year42/48€10k€16k▲
Trade debts44€2k€314▼
Suppliers440/4€2k€314▼
Taxes, remuneration and social security45€3k€11k▲
Taxes450/3-€8k
Remuneration and social security454/9€3k€3k▼
Other amounts payable47/48€5k€5k=
Income statement
Code20242025
Remuneration, social security and pensions62€34k€33k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€86k€77k▼
Other operating charges640/8€32k€34k▲
Non-recurring operating charges66A-€21k
Gross operating margin9900€235k€301k▲
Operating profit (loss)9901€81k€136k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€290€303▲
Recurring financial charges65€290€303▲
Profit (loss) for the period before taxes9903€82k€138k▲
Income taxes67/77€23k€44k▲
Profit (loss) for the period9904€60k€94k▲
Profit (loss) for the period to be appropriated9905€60k€94k▲
Appropriation of the result
Profit (loss) to be appropriated9906€60k€94k▲
Transfer to equity691/2€60k€94k▲
To other reserves6921€60k€94k▲
The notes to these accounts (7 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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
31-12
Financial
Liquidity times 11current ratio 67.11
Current ratio from 6.02 to 67.11; short-term debt falls from €138k to €10k.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €54k ▼36%
Net result drops to €54k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity triplescurrent ratio 69.16
Current ratio from 22.91 to 69.16; short-term debt falls from €35k to €11k.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €1MEq €1.05M ▲8.7%
4 profitable years in a row build equity to €1.05M.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Highest result since 2018net €105k ▲10.3%
Operating result €139k, net result €105k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 82.00
Current ratio from 39.29 to 82.00; short-term debt falls from €12k to €7k.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kasterlee · 1 establishment unit since 1991
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.
Heidestraat 162460 KasterleeGround area
1,636 m²
Building footprint
511 m²
Volume, LiDAR
3,032 m³
2 parcels, Flanders · tallest building 13.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CAMPING KORTE HEIDE
since 19912.054.507.708
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13018D0204/03E000 | Flanders | 1,216 m² | 1 · 91 m² | 11.3 m · 1 fl. |
| 13018D0223/00G030 | Flanders | 420 m² | 1 · 420 m² | 13.5 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.
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Of 441 companies in sector 55300 we hold annual accounts for 292. 210 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-09-1991
Fiscal year end31-12
Activities, NACEBEL
55220
55300Accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.