KWL JACOBS
ActiveSummary
KWL JACOBS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €153k and a net result of €27k. Equity is shrinking by ~19.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 33% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+2
Solvency62▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.63 against 1.63 in 2024; short-term debt: 54.9% and cash: 41.9% of total assets), but 62.6% of the assets are financed with debt.
Credit check 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← 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
37.4%
Return on assets
6.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
on the day
2023
12 d early
2022
11 d early
2021
32 d early
2020
9 d early
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€153k▲ 1.6%
2024 · €151k
Total assets
€409k▲ 3.5%
2024 · €395k
Net result
€27k▲ 42.4%
2024 · €19k
Working capital
€142k▲ 8.5%
2024 · €131k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€15k€48k▲ 218%€60k▲ 25.2%€28k▼ 52.9%€39k▲ 37.4%
Net result€14k€37k▲ 160%€46k▲ 25.1%€19k▼ 58.6%€27k▲ 42.4%
Equity€471k▼ 5.1%€118k▼ 74.9%€147k▲ 24.5%€151k▲ 2.2%€153k▲ 1.6%
Total assets€491k▼ 3.5%€226k▼ 53.9%€287k▲ 27.1%€395k▲ 37.7%€409k▲ 3.5%
Debt€20k▲ 66.8%€108k▲ 448%€140k▲ 29.9%€245k▲ 75.1%€256k▲ 4.7%
Working capital€471k▼ 3.0%€118k▼ 75.0%€125k▲ 6.4%€131k▲ 4.5%€142k▲ 8.5%
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 37% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €409k
Fixed assets
€43k ▼ 25.6%
Current assets
€366k ▲ 8.5%
Equity and liabilities €409k
Equity
€153k ▲ 1.6%
Debt
€256k ▲ 4.7%
Debt's share of the balance-sheet total rises from 61.9% to 62.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€54k▲
2024 · €43k
Cash flow
€42k▲
2024 · €34k
Current ratio
1.63=
2024 · 1.63
Debt to equity
1.67▲
2024 · 1.62
ROE
17.9%▲
2024 · 12.8%
ROA
6.7%▲
2024 · 4.9%
Interest coverage
6.87▼
2024 · 18.08
Debt ≤ 1 year
€225k▲
2024 · €207k
Debt > 1 year
€26k▼
2024 · €38k
Income taxes
€11k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €5k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11k | €395 | €1k | €15k | €15k | = |
| Other operating charges640/8 | €1k | €914 | €1k | €1k | €555 | ▼ 58.6% |
| Non-recurring operating charges66A | - | - | €950 | - | - | - |
| Gross operating margin9900 | €27k | €49k | €63k | €44k | €54k | ▲ 22.1% |
| Operating profit (loss)9901 | €15k | €48k | €60k | €28k | €39k | ▲ 37.4% |
| Financial income75/76B | €6k | €4k | €5k | €2k | €7k | ▲ 257% |
| Recurring financial income75 | €6k | €4k | €5k | €2k | €7k | ▲ 257% |
| Financial charges65/66B | €43 | €39 | €189 | €2k | €8k | ▲ 228% |
| Recurring financial charges65 | €43 | €39 | €189 | €2k | €8k | ▲ 228% |
| Profit (loss) for the period before taxes9903 | €21k | €52k | €65k | €28k | €38k | ▲ 36.6% |
| Income taxes67/77 | €7k | €15k | €18k | €9k | €11k | ▲ 23.5% |
| Profit (loss) for the period9904 | €14k | €37k | €46k | €19k | €27k | ▲ 42.4% |
| Profit (loss) for the period to be appropriated9905 | €14k | €37k | €46k | €19k | €27k | ▲ 42.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €491k | €226k | €287k | €395k | €409k | ▲ 3.5% |
| Fixed assets21/28 | €268 | €928 | €72k | €58k | €43k | ▼ 25.6% |
| Tangible fixed assets22/27 | €218 | €878 | €72k | €58k | €43k | ▼ 25.6% |
| Furniture and vehicles24 | €122 | €878 | €72k | €58k | €43k | ▼ 25.6% |
| Other tangible fixed assets26 | €96 | - | - | - | - | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €491k | €225k | €215k | €338k | €366k | ▲ 8.5% |
| Amounts receivable within one year40/41 | €360k | €111k | €165k | €185k | €192k | ▲ 3.9% |
| Trade receivables40 | - | - | €13k | €14k | €14k | = |
| Other amounts receivable41 | €360k | €111k | €151k | €171k | €179k | ▲ 4.2% |
| Cash at bank and in hand54/58 | €129k | €112k | €44k | €149k | €171k | ▲ 15.4% |
| Deferred charges and accrued income490/1 | €2k | €2k | €7k | €4k | €3k | ▼ 34.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €491k | €226k | €287k | €395k | €409k | ▲ 3.5% |
| Equity10/15 | €471k | €118k | €147k | €151k | €153k | ▲ 1.6% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €465k | €112k | €141k | €144k | €147k | ▲ 1.7% |
| Non-distributable reserves130/1 | €18k | €5k | €5k | - | - | - |
| Reserves not available under the articles1311 | €18k | €5k | €5k | - | - | - |
| Distributable reserves133 | €447k | €108k | €137k | €144k | €147k | ▲ 1.7% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €20k | €108k | €140k | €245k | €256k | ▲ 4.7% |
| Amounts payable after more than one year17 | - | - | €50k | €38k | €26k | ▼ 31.9% |
| Financial debts170/4 | - | - | €50k | €38k | €26k | ▼ 31.9% |
| Amounts payable within one year42/48 | €20k | €108k | €90k | €207k | €225k | ▲ 8.5% |
| Current portion of amounts payable after more than one year42 | - | - | €10k | - | - | - |
| Financial debts43 | - | - | - | €11k | €12k | ▲ 4.3% |
| Credit institutions430/8 | - | - | - | €11k | €12k | ▲ 4.3% |
| Trade debts44 | €4k | - | €316 | €186 | €25k | ▲ 13,350% |
| Suppliers440/4 | €4k | - | €316 | €186 | €25k | ▲ 13,350% |
| Taxes, remuneration and social security45 | €11k | €11k | €12k | €10k | €18k | ▲ 79.9% |
| Taxes450/3 | €11k | €11k | €12k | €10k | €18k | ▲ 79.9% |
| Other amounts payable47/48 | €4k | €96k | €67k | €185k | €170k | ▼ 8.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | €6k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €37k | €46k | €19k | €27k | ▲ 42.4% |
| + Depreciation and write-downs630 | €11k | €395 | €1k | €15k | €15k | = |
| Operating cash flow (approximation) | €25k | €38k | €48k | €34k | €42k | ▲ 24.0% |
| Investment in fixed assets (approximation) | - | €-1k | €-73k | €0 | €0 | - |
| Change in cash | - | €-16k | €-69k | €105k | €23k | ▼ 78.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €151k ▲2.2%
4 profitable years in a row build equity to €151k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €46k ▲25.1%
Operating result €60k, net result €46k, both a record.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Herk-de-Stad · 1 establishment unit since 1999
Ground area
497 m²
Building footprint
140 m²
Volume, LiDAR
768 m³
Parcel 71024C0091/00F000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KWL Jacobs
since 19992.208.888.651
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71024C0091/00F000 | Flanders | 497 m² | 1 · 140 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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CALCULE
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Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 6,511 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded13-09-1999
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Scores and ratios are computed by Checked and are not a credit decision.