KWP Trading
ActiveKWP Trading has been active since 1960 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €97k. Equity is shrinking by ~52.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 11% of 637 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▲+80
Solvency30▲+17
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.51 against 6.23 in 2024; short-term debt: 13.4% and cash: 5.8% of total assets), and 95.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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
4.5%
Return on assets
26.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 637 sector peers (2025).
NBB · sector comparisonPosition among 637 sector peers
Solvency
better than 11%
← weakest
strongest →
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
30 d early
2023
37 d early
2022
42 d early
2021
37 d early
2020
45 d early
2019
32 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€97k
2024 · €-82k
2019: €-99k
2020: €4k
2021: €2k
2022: €-389k
2023: €-286k
2024: €-82k
2019 → 2025
Working capital
€-24k
2024 · €240k
2019: €266k
2020: €386k
2021: €1.13M
2022: €877k
2023: €-116k
2024: €240k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€677k-€287k▼ 57.5%€2k▼ 99.4%€-80k€16k
Operating result€74k-€-246k€-139k▲ 43.3%€-62k▲ 55.8%€140k
Net result€2k-€-389k€-286k▲ 26.7%€-82k▲ 71.3%€97k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €140k after a loss of €62k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €365k
Fixed assets
€340k▼ 7.2%
Current assets
€25k▼ 91.2%
Equity and liabilities €365k
Equity
€16k
Debt
€349k
Debt finances 95.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€171k▲
2024 · €-30k
Cash flow
€128k▲
2024 · €-51k
Solvency
4.5%▲
2024 · -12.3%
Current ratio
0.51▼
2024 · 6.23
Quick ratio
0.51▼
2024 · 6.23
Debt / equity
21.21▲
2024 · -9.13
ROE
587.3%
ROA
26.5%▲
2024 · -12.6%
Interest coverage
3.95▲
2024 · -0.89
Debt
€349k▼
2024 · €732k
Debt ≤ 1 year
€49k▲
2024 · €46k
Debt > 1 year
€300k▼
2024 · €685k
Staff costs
€0▼
2024 · €238
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€652k€365k▼
Fixed assets21/28€367k€340k▼
Tangible fixed assets22/27€366k€340k▼
Land and buildings22€315k€314k▼
Leasing and similar rights25€51k€25k▼
Financial fixed assets28€490€490=
Current assets29/58€286k€25k▼
Stocks and contracts in progress3€0-
Stocks30/36€0-
Amounts receivable within one year40/41€247k€3k▼
Trade receivables40€36k€349▼
Other amounts receivable41€210k€2k▼
Cash at bank and in hand54/58€38k€21k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€652k€365k▼
Equity10/15€-80k€16k▲
Contributions10/11€805k€805k=
Capital10€805k€805k=
Issued capital100€805k€805k=
Reserves13€783k€783k=
Non-distributable reserves130/1€27k€27k=
Legal reserve130€27k€27k=
Tax-exempt reserves132€32k€32k=
Distributable reserves133€724k€724k=
Profit (loss) carried forward14€-1.67M€-1.57M▲
Amounts payable17/49€732k€349k▼
Amounts payable after more than one year17€685k€300k▼
Financial debts170/4€685k€300k▼
Amounts payable within one year42/48€46k€49k▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€46k€49k▲
Suppliers440/4€46k€49k▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Remuneration and social security454/9€0-
Other amounts payable47/48€0€218▲
Accrued charges and deferred income492/3€2k€0▼
Income statement
Code20242025
Non-recurring operating income76A€51k€60k▲
Remuneration, social security and pensions62€238€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€32k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€9k€3k▼
Gross operating margin9900€-21k€175k▲
Operating profit (loss)9901€-62k€140k▲
Financial income75/76B€13k€170▼
Recurring financial income75€13k€170▼
Financial charges65/66B€34k€43k▲
Recurring financial charges65€34k€43k▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€-82k€97k▲
Income taxes67/77€0-
Profit (loss) for the period9904€-82k€97k▲
Profit (loss) for the period to be appropriated9905€-82k€97k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.67M€-1.57M▲
Profit (loss) brought forward from the previous period14P€-1.59M€-1.67M▼
Social balance
Average headcount (FTE)908728.80.0▼
The notes to these accounts (19 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €97k
Net result €97k after 3 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 7current ratio 6.23
Current ratio from 0.84 to 6.23; short-term debt falls from €739k to €46k.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-389k ▼18088%
Net result drops to €-389k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
31-05
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
15 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, Lier · 1 establishment unit since 1955
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.
Eeuwfeestlaan 22500 LierGround area
778 m²
Building footprint
304 m²
Volume, LiDAR
2,311 m³
Parcel 12392A0548/00D000, Flanders · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
CALUWE - DEMANDE PRALINES
since 19552.006.228.729
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12392A0548/00D000 | Flanders | 778 m² | 1 · 304 m² | 10.7 m · 3 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.
Recognitions · licences · registrations
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
ALFA STUDIO'S
BE 0865.362.833
Ninove · Eq €16k
By Michèle
BE 0715.519.213
Herstal · Eq €17k
Renaud AUSTEN
BE 0793.609.359
Limbourg · Eq €16k
Rekub
BE 0775.766.111
Antwerpen · Eq €17k
Infinite Chocolate
BE 0788.594.756
Walcourt · Eq €16k
Of 725 companies in sector 10820 we hold annual accounts for 350. 139 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-10-1960
Fiscal year end31-12
Activities, NACEBEL
10820Manufacture of cocoa, chocolate and sugar confectionery
35110Production of electricity from non-renewable sources
35150Electricity, gas, steam and air conditioning supply
46360Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.