Kresko Research
ActiveKresko Research has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €42k and a net result of €537. Equity is growing by ~30.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 31697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-10
Solvency84▼-16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 3.8 in 2024; short-term debt: 41.3% and cash: 54.4% of total assets), and 41.3% 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 · 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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
58.7%
Return on assets
0.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
26 d late
2022
31 d early
2021
33 d early
2020
3 d early
2019
109 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€42k▲ 1.3%
2024 · €42k
2019: €3k
2020: €15k
2021: €17k
2022: €22k
2023: €37k
2024: €42k
2019 → 2025
Total assets
€72k▲ 28.8%
2024 · €56k
2019: €6k
2020: €32k
2021: €23k
2022: €46k
2023: €53k
2024: €56k
2019 → 2025
Net result
€537▼ 89.0%
2024 · €5k
2019: €-4k
2020: €12k
2021: €2k
2022: €5k
2023: €15k
2024: €5k
2019 → 2025
Working capital
€41k▲ 2.7%
2024 · €40k
2019: €3k
2020: €13k
2021: €15k
2022: €21k
2023: €36k
2024: €40k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€22k▲ 32.3%€37k▲ 67.3%€42k▲ 13.3%€42k▲ 1.3%
Operating result€3k-€7k▲ 183%€21k▲ 195%€7k▼ 66.7%€1k▼ 84.8%
Net result€2k-€5k▲ 216%€15k▲ 175%€5k▼ 66.9%€537▼ 89.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 85% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€2k▼ 25.1%
Current assets
€70k▲ 30.9%
Equity and liabilities €72k
Equity
€42k▲ 1.3%
Debt
€30k▲ 110%
The debt ratio rises from 25.4% to 41.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€2k▼
2024 · €7k
Cash flow
€1k▼
2024 · €5k
Solvency
58.7%▼
2024 · 74.6%
Current ratio
2.37▼
2024 · 3.80
Quick ratio
2.22▼
2024 · 2.93
Debt / equity
0.70▲
2024 · 0.34
ROE
1.3%▼
2024 · 11.8%
ROA
0.7%▼
2024 · 8.8%
Interest coverage
6.48▼
2024 · 34.99
Debt
€30k▲
2024 · €14k
Debt ≤ 1 year
€30k▲
2024 · €14k
Income taxes
€282▼
2024 · €2k
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€56k€72k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€2k▼
Furniture and vehicles24€2k€2k▼
Current assets29/58€54k€70k▲
Stocks and contracts in progress3€12k€4k▼
Stocks30/36€12k€4k▼
Amounts receivable within one year40/41€26k€27k▲
Trade receivables40€22k€21k▼
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€16k€39k▲
Deferred charges and accrued income490/1-€33
Equity and liabilities
Total equity and liabilities10/49€56k€72k▲
Equity10/15€42k€42k▲
Contributions10/11€6k€6k=
Reserves13€35k€35k=
Distributable reserves133€35k€35k=
Profit (loss) carried forward14-€537
Amounts payable17/49€14k€30k▲
Amounts payable within one year42/48€14k€30k▲
Trade debts44€5k€22k▲
Suppliers440/4€5k€22k▲
Taxes, remuneration and social security45€9k€8k▼
Taxes450/3€9k€8k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€340€515▲
Other operating charges640/8€592€610▲
Gross operating margin9900€8k€2k▼
Operating profit (loss)9901€7k€1k▼
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€209€243▲
Recurring financial charges65€209€243▲
Profit (loss) for the period before taxes9903€7k€819▼
Income taxes67/77€2k€282▼
Profit (loss) for the period9904€5k€537▼
Profit (loss) for the period to be appropriated9905€5k€537▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€537▼
Transfer to equity691/2€5k-
To other reserves6921€5k-
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Highest result since 2019net €15k ▲175%
Operating result €21k, net result €15k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 3.78
Current ratio from 1.74 to 3.78; short-term debt falls from €17k to €6k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 109 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, Gent · 1 establishment unit since 2018
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.
François Benardstraat 789000 GentGround area
99 m²
Building footprint
77 m²
Volume, LiDAR
747 m³
Parcel 44804D2724/00D003, Flanders · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
KRESKO RESEARCH
since 20182.282.623.893
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D2724/00D003 | Flanders | 99 m² | 1 · 77 m² | 16.0 m · 4 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
NordEste
BE 1019.555.320
Leuven · Eq €42k
INTER ALIA
BE 0805.506.311
Etterbeek · Eq €42k
JLA Associés
BE 0787.888.141
Ottignies-Louvain-la-Neuve · Eq €42k
JBVS CONSULTING
BE 1024.001.581
Leuven · Eq €42k
AQUA PREVENTIA
BE 0552.576.336
Esneux · Eq €42k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 37,058 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded12-11-2018
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.