MINIGOLF DE KOUTER
ActiveMINIGOLF DE KOUTER has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €21k. Equity is growing by ~109.5% per year across the filed fiscal years. Its solvency ranks better than 77% of 2021 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +11 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+31
Growth78=
Stability94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.12 against 1.1 in 2024), and 24.7% 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+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 85
Relative position
BE, all sectors
reference
Sector 85
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
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-09-2025, 31 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
31 d early
2024
31 d early
2023
4 d early
2022
31 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close13-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€40k▲ 107%
2024 · €19k
2022: €-2k
2023: €6k
2024: €19k
2022 → 2025
Total assets
€53k▲ 21.1%
2024 · €44k
2022: €39k
2023: €35k
2024: €44k
2022 → 2025
Net result
€21k▲ 52.7%
2024 · €13k
2022: €-5k
2023: €8k
2024: €13k
2022 → 2025
Working capital
€15k▲ 476%
2024 · €3k
2022: €-27k
2023: €-20k
2024: €3k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-2k-€6k€19k▲ 233%€40k▲ 107%
Operating result€-5k-€8k€16k▲ 105%€26k▲ 57.1%
Net result€-5k-€8k€13k▲ 71.3%€21k▲ 52.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 57% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53k
Fixed assets
€25k▲ 50.6%
Current assets
€28k▲ 2.8%
Equity and liabilities €53k
Equity
€40k▲ 107%
Debt
€13k▼ 46.5%
The debt ratio falls from 55.9% to 24.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€35k▲
2024 · €23k
Cash flow
€30k▲
2024 · €21k
Solvency
75.3%▲
2024 · 44.1%
Current ratio
2.12▲
2024 · 1.10
Quick ratio
2.12▲
2024 · 1.10
Debt / equity
0.33▼
2024 · 1.27
ROE
51.6%▼
2024 · 69.9%
ROA
38.9%▲
2024 · 30.9%
Interest coverage
204.88▲
2024 · 193.81
Debt
€13k▼
2024 · €24k
Debt ≤ 1 year
€13k▼
2024 · €24k
Income taxes
€5k▲
2024 · €3k
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€44k€53k▲
Fixed assets21/28€17k€25k▲
Tangible fixed assets22/27€17k€25k▲
Plant, machinery and equipment23€13k€17k▲
Furniture and vehicles24€4k€9k▲
Current assets29/58€27k€28k▲
Amounts receivable within one year40/41€6k€13k▲
Trade receivables40€6k€7k▲
Other amounts receivable41€318€5k▲
Cash at bank and in hand54/58€21k€15k▼
Equity and liabilities
Total equity and liabilities10/49€44k€53k▲
Equity10/15€19k€40k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€16k€37k▲
Amounts payable17/49€24k€13k▼
Amounts payable within one year42/48€24k€13k▼
Trade debts44€921€12k▲
Suppliers440/4€921€12k▲
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48€22k€266▼
Income statement
Code20242025
Non-recurring operating income76A€447-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€9k▲
Other operating charges640/8€384€387▲
Gross operating margin9900€24k€36k▲
Operating profit (loss)9901€16k€26k▲
Financial income75/76B€1€91▲
Recurring financial income75€1€91▲
Financial charges65/66B€121€171▲
Recurring financial charges65€121€171▲
Profit (loss) for the period before taxes9903€16k€26k▲
Income taxes67/77€3k€5k▲
Profit (loss) for the period9904€13k€21k▲
Profit (loss) for the period to be appropriated9905€13k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€16k€37k▲
Profit (loss) brought forward from the previous period14P€3k€16k▲
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2022net €21k ▲52.7%
Operating result €26k, net result €21k, both a record.
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Liquidity triplescurrent ratio 1.10
Current ratio from 0.32 to 1.10; short-term debt falls from €29k to €24k.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
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, Merchtem · 1 establishment unit since 2021
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.
Kouter 931785 MerchtemGround area
4,798 m²
Building footprint
222 m²
Volume, LiDAR
1,553 m³
Parcel 23052D0252/00G000, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
MINIGOLF DE KOUTER
since 20212.315.771.367
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23052D0252/00G000 | Flanders | 4,797 m² | 1 · 222 m² | 8.8 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.
Similar companies · same sector, comparable size
Navigant
BE 0843.137.361
Temse · Eq €40k
PHYSIONURSE
BE 1000.362.285
Drogenbos · Eq €40k
LECOMTE Romin Kinésithérapie
BE 1018.304.020
Liège · Eq €40k
V.F.B.
BE 0457.549.889
Leuven · Eq €40k
ENJOY PRODUCTION
BE 1017.816.941
Mons · Eq €40k
Of 13,462 companies in sector 85510 we hold annual accounts for 715. 593 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-2021
Fiscal year end31-03
Activities, NACEBEL
85510Sports and recreation education
47252Retail sale of beverages, general range
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56210Event catering
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.