Office KE
ActiveThe computed 12-month bankruptcy probability of Office KE is 1.9% (moderate). The 2024 annual accounts show equity of €31k and a net result of €436. Equity is growing by ~2.9% per year across the filed fiscal years. Its solvency ranks better than 30% of 26043 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability69=
Solvency35▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.67 against 0.61 in 2023; short-term debt: 40.5% and cash: 2.5% of total assets), and 90.5% 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.
+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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
9.5%
Return on assets
0.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
1 d early
2022
16 d late
2021
3 d early
2020
62 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€31k▲ 1.4%
2023 · €31k
2020: €27k
2021: €29k
2022: €30k
2023: €31k
2020 → 2024
Total assets
€327k▲ 1.3%
2023 · €323k
2020: €297k
2021: €317k
2022: €316k
2023: €323k
2020 → 2024
Net result
€436▲ 176%
2023 · €158
2020: €2k
2021: €3k
2022: €1k
2023: €158
2020 → 2024
Working capital
€-44k▼ 12.5%
2023 · €-39k
2020: €-1k
2021: €-47k
2022: €-47k
2023: €-39k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€27k-€29k▲ 10.6%€30k▲ 3.7%€31k▲ 0.5%€31k▲ 1.4%
Operating result€7k-€7k▲ 0.7%€6k▼ 17.8%€5k▼ 14.1%€2k▼ 53.2%
Net result€2k-€3k▲ 78.6%€1k▼ 61.9%€158▼ 85.3%€436▲ 176%
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 three years in a row; 2024 is 53% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €327k
Fixed assets
€239k▼ 8.5%
Current assets
€88k▲ 42.5%
Equity and liabilities €327k
Equity
€31k▲ 1.4%
Debt
€296k▲ 1.3%
The debt ratio stays at 90.5%.
Key figures and ratios
EBITDA
€25k▼
2023 · €26k
Cash flow
€23k▲
2023 · €21k
Solvency
9.5%▲
2023 · 9.5%
Current ratio
0.67▲
2023 · 0.61
Quick ratio
0.67▲
2023 · 0.61
Debt / equity
9.51▼
2023 · 9.53
ROE
1.4%▲
2023 · 0.5%
ROA
0.1%▲
2023 · 0.0%
Interest coverage
18.59▲
2023 · 6.16
Debt
€296k▲
2023 · €292k
Debt ≤ 1 year
€132k▲
2023 · €101k
Debt > 1 year
€163k▼
2023 · €191k
Income taxes
€641▼
2023 · €847
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€323k€327k▲
Fixed assets21/28€261k€239k▼
Tangible fixed assets22/27€261k€239k▼
Land and buildings22€253k€233k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€2k€608▼
Current assets29/58€62k€88k▲
Amounts receivable within one year40/41€36k€78k▲
Trade receivables40€36k€77k▲
Other amounts receivable41-€1k
Cash at bank and in hand54/58€23k€8k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€323k€327k▲
Equity10/15€31k€31k▲
Contributions10/11€25k€25k=
Capital10€25k-
Issued capital100€25k-
Outside capital11-€25k
Other1109/19-€25k
Reserves13€221€221=
Non-distributable reserves130/1€221€221=
Legal reserve130€221-
Reserves not available under the articles1311-€221
Profit (loss) carried forward14€5k€6k▲
Amounts payable17/49€292k€296k▲
Amounts payable after more than one year17€191k€163k▼
Financial debts170/4€191k€163k▼
Amounts payable within one year42/48€101k€132k▲
Financial debts43€939€15k▲
Credit institutions430/8€939€15k▲
Other loans439-€8
Trade debts44€30k€28k▼
Suppliers440/4€30k€28k▼
Taxes, remuneration and social security45€1k€783▼
Taxes450/3€1k€783▼
Other amounts payable47/48€69k€88k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€22k▲
Other operating charges640/8€3k€829▼
Gross operating margin9900€28k€25k▼
Operating profit (loss)9901€5k€2k▼
Financial income75/76B€38€0▼
Recurring financial income75€38€0▼
Financial charges65/66B€4k€1k▼
Recurring financial charges65€4k€1k▼
Profit (loss) for the period before taxes9903€1k€1k▲
Income taxes67/77€847€641▼
Profit (loss) for the period9904€158€436▲
Profit (loss) for the period to be appropriated9905€158€436▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€6k▲
Profit (loss) brought forward from the previous period14P€5k€5k▲
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
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €158 ▼85.3%
Net result drops to €158, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2020net €3k ▲78.6%
Operating result €7k, net result €3k, both a record.
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 62 days late
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, Wervik · 1 establishment unit 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.
Nieuwstraat 398940 WervikGround area
489 m²
Building footprint
575 m²
Volume, LiDAR
4,070 m³
Parcel 33029C0060/00N000, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Office KE
since 20192.291.920.057
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33029C0060/00N000 | Flanders | 489 m² | 1 · 575 m² | 12.5 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,481 EUR awarded · 1,481 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,481 EUR | 1,481 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
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Of 1,720 companies in sector 47521 we hold annual accounts for 1,288. 554 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-07-2019
Fiscal year end31-12
Trade name NL
“Atelier KE” en/of “Studio KE”
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 5 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.
Contact details
2 entriesWebsite:www.atelierke.be
E-mail:info.atelierke@gmail.com