KTN
ActiveKTN has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €155k and a net result of €-5k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 41% of 3112 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▼-13
Solvency49▼-4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity short (current ratio 0.28 against 0.22 in 2024; short-term debt: 71.6% and cash: 1.5% of total assets), and 76% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 01
Relative position
BE, all sectors
reference
Sector 01
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 · 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
30 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
69 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€155k▼ 3.1%
2024 · €160k
2018: €112k
2019: €96k
2020: €86k
2021: €92k
2022: €95k
2023: €152k
2024: €160k
2018 → 2025
Total assets
€645k▲ 13.9%
2024 · €567k
2018: €716k
2019: €649k
2020: €510k
2021: €476k
2022: €589k
2023: €657k
2024: €567k
2018 → 2025
Net result
€-5k
2024 · €7k
2018: €-10k
2019: €-16k
2020: €-10k
2021: €6k
2022: €3k
2023: €57k
2024: €7k
2018 → 2025
Working capital
€-333k▼ 18.7%
2024 · €-280k
2018: €-267k
2019: €-265k
2020: €-334k
2021: €-285k
2022: €-328k
2023: €-326k
2024: €-280k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€92k-€95k▲ 2.9%€152k▲ 60.5%€160k▲ 4.8%€155k▼ 3.1%
Operating result€8k-€6k▼ 30.4%€65k▲ 1,008%€23k▼ 64.1%€12k▼ 48.2%
Net result€6k-€3k▼ 55.0%€57k▲ 2,019%€7k▼ 87.4%€-5k
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 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €645k
Fixed assets
€516k▲ 6.1%
Current assets
€129k▲ 60.8%
Equity and liabilities €645k
Equity
€155k▼ 3.1%
Debt
€491k▲ 20.6%
The debt ratio rises from 71.8% to 76.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€79k▼
2024 · €91k
Cash flow
€61k▼
2024 · €75k
Solvency
24.0%▼
2024 · 28.2%
Current ratio
0.28▲
2024 · 0.22
Quick ratio
0.26▲
2024 · 0.21
Debt / equity
3.17▲
2024 · 2.55
ROE
-3.2%▼
2024 · 4.6%
ROA
-0.8%▼
2024 · 1.3%
Interest coverage
4.60▼
2024 · 5.90
Debt
€491k▲
2024 · €407k
Debt ≤ 1 year
€462k▲
2024 · €360k
Debt > 1 year
€17k▼
2024 · €46k
Income taxes
€0▼
2024 · €727
Staff costs
€32k▲
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€567k€645k▲
Fixed assets21/28€486k€516k▲
Tangible fixed assets22/27€486k€516k▲
Land and buildings22€302k€252k▼
Plant, machinery and equipment23€67k€163k▲
Furniture and vehicles24€116k€101k▼
Current assets29/58€80k€129k▲
Stocks and contracts in progress3€6k€10k▲
Stocks30/36€1k€3k▲
Contracts in progress37€5k€8k▲
Amounts receivable within one year40/41€65k€96k▲
Trade receivables40€65k€89k▲
Other amounts receivable41€309€7k▲
Cash at bank and in hand54/58€9k€10k▲
Deferred charges and accrued income490/1€20€14k▲
Equity and liabilities
Total equity and liabilities10/49€567k€645k▲
Equity10/15€160k€155k▼
Contributions10/11€100k€100k=
Reserves13€60k€60k=
Distributable reserves133€60k€60k=
Profit (loss) carried forward14-€-5k
Amounts payable17/49€407k€491k▲
Amounts payable after more than one year17€46k€17k▼
Financial debts170/4€46k€17k▼
Amounts payable within one year42/48€360k€462k▲
Current portion of amounts payable after more than one year42€29k€29k=
Financial debts43€150k€150k=
Credit institutions430/8€150k€150k=
Trade debts44€9k€49k▲
Suppliers440/4€9k€49k▲
Advances received on contracts in progress46-€67k
Taxes, remuneration and social security45€16k€8k▼
Taxes450/3€9k€875▼
Remuneration and social security454/9€7k€7k▲
Other amounts payable47/48€156k€160k▲
Accrued charges and deferred income492/3€524€12k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€31k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€67k€66k▼
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A-€16k
Gross operating margin9900€123k€128k▲
Operating profit (loss)9901€23k€12k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€15k€17k▲
Recurring financial charges65€15k€17k▲
Profit (loss) for the period before taxes9903€8k€-5k▼
Income taxes67/77€727€0▼
Profit (loss) for the period9904€7k€-5k▼
Profit (loss) for the period to be appropriated9905€7k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€-5k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€7k€0▼
To other reserves6921€7k€0▼
The notes to these accounts (11 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
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €57k ▲2019%
Operating result €65k, net result €57k, both a record.
31-12
Financial
Equity above €150kEq €152k ▲60.5%
3 profitable years in a row build equity to €152k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €6k
Net result €6k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 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, Houthulst · 1 establishment unit since 2013
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.
Kloostermolenstraat 28650 HouthulstGround area
1.5 ha
Building footprint
251 m²
Volume, LiDAR
1,100 m³
Parcel 32015D0181/00C000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KTN
since 20132.218.680.307
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32015D0181/00C000 | Flanders | 1.5 ha | 1 · 251 m² | 7.0 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.
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SANTY
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DMG TERRAGRI
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Of 4,676 companies in sector 01610 we hold annual accounts for 1,369. 1,146 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-04-2013
Fiscal year end31-12
Activities, NACEBEL
01610Support activities for crop production
01630Crop and animal production, hunting and related service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.