KSF
ActiveThe computed 12-month bankruptcy probability of KSF is 1.8% (moderate). The 2025 annual accounts show equity of €85 and a net result of €3k. Equity is growing by ~41.3% per year across the filed fiscal years. Its solvency ranks better than 29% of 4577 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability59▲+16
Solvency25▲+5
Growth83▲+13
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 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
25 d late
2024
4 d late
2023
7 d early
2022
22 d late
2021
30 d early
2020
45 d late
2019
27 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€132k▲ 141%
2020 · €55k
2019: €68k
2020: €55k
2019 → 2023
EBIT margin
9.3%▲ 24.9pp
2020 · -15.6%
2019: -23.0%
2020: -15.6%
2019 → 2023
Net result
€3k▲ 246%
2024 · €749
2019: €-16k
2020: €-9k
2021: €-14k
2022: €7k
2023: €12k
2024: €749
2019 → 2025
Working capital
€-1k▲ 70.7%
2024 · €-4k
2019: €-5k
2020: €-11k
2021: €-24k
2022: €-16k
2023: €-5k
2024: €-4k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€132k
Equity€-22k-€-15k▲ 31.8%€-3k▲ 78.0%€-3k▲ 23.0%€85
Operating result€-14k-€7k€12k▲ 71.1%€2k▼ 86.4%€4k▲ 125%
Net result€-14k-€7k€12k▲ 67.4%€749▼ 93.5%€3k▲ 246%
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 125% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35k
Fixed assets
€1k▼ 27.6%
Current assets
€34k▼ 29.5%
Equity and liabilities €35k
Equity
€85
Debt
€35k
Debt finances 99.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€4k▲
2024 · €2k
Cash flow
€3k▲
2024 · €2k
Solvency
0.2%▲
2024 · -5.0%
Current ratio
0.96▲
2024 · 0.92
Quick ratio
0.94▲
2024 · 0.89
ROA
7.3%▲
2024 · 1.5%
Interest coverage
3.72▲
2024 · 2.71
Debt
€35k▼
2024 · €53k
Debt ≤ 1 year
€35k▼
2024 · €53k
Staff costs
€72k▲
2024 · €71k
Equity ratios withheld: equity of €85 is too small for a meaningful ratio.
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€50k€35k▼
Fixed assets21/28€2k€1k▼
Intangible fixed assets21-€825
Tangible fixed assets22/27€2k€549▼
Plant, machinery and equipment23€2k€549▼
Financial fixed assets28-€0
Current assets29/58€48k€34k▼
Stocks and contracts in progress3€1k€933▼
Stocks30/36€1k€933▼
Amounts receivable within one year40/41€16k€8k▼
Trade receivables40€12k€0▼
Other amounts receivable41€4k€8k▲
Cash at bank and in hand54/58€31k€25k▼
Equity and liabilities
Total equity and liabilities10/49€50k€35k▼
Equity10/15€-3k€85▲
Contributions10/11€17k€17k=
Profit (loss) carried forward14€-19k€-17k▲
Amounts payable17/49€53k€35k▼
Amounts payable within one year42/48€53k€35k▼
Trade debts44€9k€3k▼
Suppliers440/4€9k€3k▼
Taxes, remuneration and social security45€23k€11k▼
Taxes450/3€2k€292▼
Remuneration and social security454/9€21k€11k▼
Other amounts payable47/48€21k€21k=
Income statement
Code20242025
Remuneration, social security and pensions62€71k€72k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€809€523▼
Other operating charges640/8€1k€3k▲
Gross operating margin9900€75k€80k▲
Operating profit (loss)9901€2k€4k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€913€1k▲
Recurring financial charges65€913€1k▲
Profit (loss) for the period before taxes9903€749€3k▲
Profit (loss) for the period9904€749€3k▲
Profit (loss) for the period to be appropriated9905€749€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-19k€-17k▲
Profit (loss) brought forward from the previous period14P€-20k€-19k▲
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
25-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 25 days late
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2019net €12k ▲67.4%
Operating result €12k, net result €12k, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after 3 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 45 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Liège · 2 establishment units since 2019
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.
Rue Saint-Léonard 2014000 LiègeGround area
454 m²
Building footprint
77 m²
Volume, LiDAR
937 m³
2 parcels, Wallonia · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
L'ELEGANCE
since 20192.284.999.801
L'ELEGANCE
since 20192.285.000.393
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62046A0251/00W012 | Wallonia | 245 m² | 1 · 12 m² | 10.1 m · 3 fl. |
| 62810B0448/00N002 | Wallonia | 209 m² | 1 · 65 m² | 14.2 m · 4 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.
Similar companies · same sector, comparable size
OCHKA
BE 0772.481.274
Soumagne · Eq €87
H 53
BE 0756.684.429
Genk · Eq €90
LYPI
BE 0455.827.249
Waterloo · Eq €77
CARRE V.I.P.
BE 0700.575.768
Liège · Eq €97
STIEP
BE 0890.052.697
Antwerpen · Eq €100
Of 21,748 companies in sector 96210 we hold annual accounts for 2,829. 149 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-02-2019
Fiscal year end31-12
Activities, NACEBEL
96021Hairdressing
96210Hairdressing and barber services
Sources
Crossroads Bank for EnterprisesNational Bank · 7 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.