KREKELHEED
ActiveKREKELHEED has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €648k and a net result of €40k. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 66% of 31487 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
61
/ 100
Healthy▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability31▼-53
Solvency76▲+6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity short (current ratio 0.94 against 0.68 in 2024), and 29% 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○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
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
71%
Return on assets
4.4%
Age of the figures
11 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
2 d early
2023
8 d late
2022
3 d early
2021
45 d early
2020
10 d early
2019
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€648k▲ 6.2%
2024 · €610k
2018: €465k
2019: €445k
2020: €448k
2021: €446k
2022: €453k
2023: €509k
2024: €610k
2018 → 2025
Total assets
€913k▼ 10.2%
2024 · €1.02M
2018: €1.06M
2019: €1.04M
2020: €1.03M
2021: €1.01M
2022: €974k
2023: €925k
2024: €1.02M
2018 → 2025
Net result
€40k▼ 61.3%
2024 · €103k
2018: €-44k
2019: €-21k
2020: €3k
2021: €-2k
2022: €12k
2023: €57k
2024: €103k
2018 → 2025
Working capital
€-7k▲ 91.2%
2024 · €-80k
2018: €-261k
2019: €-296k
2020: €-319k
2021: €-306k
2022: €-229k
2023: €-164k
2024: €-80k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€446k-€453k▲ 1.7%€509k▲ 12.3%€610k▲ 19.9%€648k▲ 6.2%
Operating result€20k-€29k▲ 48.4%€99k▲ 240%€155k▲ 56.8%€69k▼ 55.6%
Net result€-2k-€12k€57k▲ 368%€103k▲ 79.1%€40k▼ 61.3%
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 2025; 2025 is 56% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €913k
Fixed assets
€800k▼ 5.9%
Current assets
€113k▼ 32.2%
Equity and liabilities €913k
Equity
€648k▲ 6.2%
Provisions
€31k▼ 5.1%
Debt
€234k▼ 37.5%
The debt ratio falls from 36.8% to 25.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€120k▼
2024 · €208k
Cash flow
€91k▼
2024 · €156k
Solvency
71.0%▲
2024 · 60.0%
Current ratio
0.94▲
2024 · 0.68
Quick ratio
0.94▲
2024 · 0.68
Debt / equity
0.36▼
2024 · 0.61
ROE
6.1%▼
2024 · 16.8%
ROA
4.4%▼
2024 · 10.1%
Interest coverage
15.13▼
2024 · 21.19
Debt
€234k▼
2024 · €374k
Debt ≤ 1 year
€120k▼
2024 · €246k
Debt > 1 year
€89k▼
2024 · €100k
Income taxes
€24k▲
2024 · €21k
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€1.02M€913k▼
Fixed assets21/28€851k€800k▼
Tangible fixed assets22/27€851k€800k▼
Land and buildings22€845k€798k▼
Plant, machinery and equipment23€358€85▼
Furniture and vehicles24€4k-
Other tangible fixed assets26€1k€2k▲
Current assets29/58€166k€113k▼
Amounts receivable within one year40/41€3k€11k▲
Trade receivables40€204€11k▲
Other amounts receivable41€3k-
Current investments50/53€145k€65k▼
Cash at bank and in hand54/58€14k€32k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.02M€913k▼
Equity10/15€610k€648k▲
Contributions10/11€25k€25k=
Reserves13€585k€623k▲
Tax-exempt reserves132€392k€371k▼
Distributable reserves133€193k€252k▲
Provisions and deferred taxes16€33k€31k▼
Deferred taxes168€33k€31k▼
Amounts payable17/49€374k€234k▼
Amounts payable after more than one year17€100k€89k▼
Financial debts170/4€100k€89k▼
Amounts payable within one year42/48€246k€120k▼
Current portion of amounts payable after more than one year42€40k€34k▼
Trade debts44€3k€24k▲
Suppliers440/4€3k€24k▲
Taxes, remuneration and social security45€16k€26k▲
Taxes450/3€13k€20k▲
Remuneration and social security454/9€2k€6k▲
Other amounts payable47/48€188k€36k▼
Accrued charges and deferred income492/3€28k€25k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54k€51k▼
Other operating charges640/8€11k€12k▲
Gross operating margin9900€219k€132k▼
Operating profit (loss)9901€155k€69k▼
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€10k€8k▼
Recurring financial charges65€10k€8k▼
Profit (loss) for the period before taxes9903€146k€62k▼
Transfer from deferred taxes780€2k€2k▼
Transfer to deferred taxes680€24k-
Income taxes67/77€21k€24k▲
Profit (loss) for the period9904€103k€40k▼
Transfer from tax-exempt reserves789€21k€21k▼
Transfer to tax-exempt reserves689€73k-
Profit (loss) for the period to be appropriated9905€52k€60k▲
Appropriation of the result
Profit (loss) to be appropriated9906€52k€60k▲
Transfer to equity691/2€50k€59k▲
To other reserves6921€50k€59k▲
Profit to be distributed694/7€2k€2k=
Return on contributions (dividend)694€2k€2k=
The notes to these accounts (6 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
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Highest result since 2018net €103k ▲79.1%
Operating result €155k, net result €103k, both a record.
08-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
30-09
Financial
Equity above €500kEq €509k ▲12.3%
2 profitable years in a row build equity to €509k.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
16-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
24-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
05-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Zwevegem · 1 establishment unit since 1996
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.
Kwadestraat(H) 198551 ZwevegemGround area
2,258 m²
Building footprint
129 m²
Volume, LiDAR
701 m³
Parcel 34014A0931/00K000, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kwadestraat(H) 19, 8551 Zwevegem
since 19962.078.604.585
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34014A0931/00K000 | Flanders | 2,258 m² | 1 · 129 m² | 8.1 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.
Similar companies · same sector, comparable size
CMJM Wine
BE 0760.521.669
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IS-INVEST
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IMMOCO
BE 0431.575.863
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VERLAET CONSULTING
BE 0459.244.223
Mortsel · Eq €648k
HUMAN COMPETENCE CENTER
BE 0863.592.879
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Of 82,201 companies in sector 70200 we hold annual accounts for 52,400. 32,248 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-1996
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
77320Rental and leasing activities
77330Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.