kpM
ActivekpM has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €252k and a net result of €20k. Equity is growing by ~28.3% per year across the filed fiscal years. Its solvency ranks better than 71% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▼-23
Solvency100▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 2.58 against 1.94 in 2023; short-term debt: 15.1% and cash: 38.1% of total assets), and 23.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
35 d early
2022
55 d early
2021
52 d early
2020
37 d early
2019
14 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€252k▲ 8.7%
2023 · €232k
2018: €56k
2019: €78k
2020: €102k
2021: €125k
2022: €152k
2023: €232k
2018 → 2024
Total assets
€331k▼ 0.9%
2023 · €334k
2018: €149k
2019: €161k
2020: €178k
2021: €183k
2022: €216k
2023: €334k
2018 → 2024
Net result
€20k▼ 74.7%
2023 · €79k
2018: €5k
2019: €22k
2020: €23k
2021: €23k
2022: €27k
2023: €79k
2018 → 2024
Working capital
€79k▲ 55.3%
2023 · €51k
2018: €-8k
2019: €8k
2020: €16k
2021: €35k
2022: €41k
2023: €51k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€102k-€125k▲ 22.8%€152k▲ 21.8%€232k▲ 52.2%€252k▲ 8.7%
Operating result€35k-€34k▼ 2.1%€41k▲ 18.5%€112k▲ 173%€31k▼ 71.8%
Net result€23k-€23k▼ 1.0%€27k▲ 17.7%€79k▲ 191%€20k▼ 74.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 72% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €331k
Fixed assets
€202k▼ 11.9%
Current assets
€129k▲ 23.1%
Equity and liabilities €331k
Equity
€252k▲ 8.7%
Debt
€79k▼ 22.7%
The debt ratio falls from 30.6% to 23.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€59k▼
2023 · €142k
Cash flow
€47k▼
2023 · €110k
Solvency
76.2%▲
2023 · 69.4%
Current ratio
2.58▲
2023 · 1.94
Quick ratio
2.58▲
2023 · 1.94
Debt / equity
0.31▼
2023 · 0.44
ROE
8.0%▼
2023 · 34.3%
ROA
6.1%▼
2023 · 23.8%
Interest coverage
20.93▼
2023 · 95.30
Debt
€79k▼
2023 · €102k
Debt ≤ 1 year
€50k▼
2023 · €54k
Debt > 1 year
€29k▼
2023 · €48k
Income taxes
€9k▼
2023 · €31k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€334k€331k▼
Fixed assets21/28€229k€202k▼
Tangible fixed assets22/27€229k€202k▼
Land and buildings22€101k€94k▼
Furniture and vehicles24€128k€107k▼
Current assets29/58€105k€129k▲
Amounts receivable within one year40/41€8k€3k▼
Other amounts receivable41€8k€3k▼
Cash at bank and in hand54/58€92k€126k▲
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€334k€331k▼
Equity10/15€232k€252k▲
Contributions10/11€6k€6k=
Reserves13€225k€246k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€224k€246k▲
Amounts payable17/49€102k€79k▼
Amounts payable after more than one year17€48k€29k▼
Financial debts170/4€48k€29k▼
Amounts payable within one year42/48€54k€50k▼
Current portion of amounts payable after more than one year42€27k€19k▼
Trade debts44€2k€873▼
Suppliers440/4€2k€873▼
Taxes, remuneration and social security45€25k€30k▲
Taxes450/3€23k€28k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€4€4=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€27k▼
Other operating charges640/8€3k€2k▼
Gross operating margin9900€145k€60k▼
Operating profit (loss)9901€112k€31k▼
Financial income75/76B-€442
Recurring financial income75-€442
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€110k€29k▼
Income taxes67/77€31k€9k▼
Profit (loss) for the period9904€79k€20k▼
Profit (loss) for the period to be appropriated9905€79k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€79k€20k▼
Transfer from equity791/2-€2k
Transfer to equity691/2€79k€22k▼
To other reserves6921€79k€22k▼
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
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €79k ▲191%
Operating result €112k, net result €79k, both a record.
31-12
Financial
Equity above €200kEq €232k ▲52.2%
6 profitable years in a row build equity to €232k.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €152k ▲21.8%
5 profitable years in a row build equity to €152k.
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €102k ▲29.9%
3 profitable years in a row build equity to €102k.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
11-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Turnhout · 1 establishment unit since 2008
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.
Muizenvenstraat 72300 TurnhoutGround area
2,233 m²
Parcel 13453O0916/00T000, Flanders. Linked by address, not a title deed.
1 establishment unit
kpM
since 20082.168.356.212
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0916/00T000 | Flanders | 2,233 m² | - | - |
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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Of 5,700 companies in sector 70100 we hold annual accounts for 3,494. 2,344 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-01-2008
Fiscal year end31-12
Activities, NACEBEL
70100Activities of head offices
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.