Summary
K & E is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €409.23M and a net result of €3.35M. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 95% of 2394 sector peers (fiscal year 2025). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
28 d early
2023
33 d early
2022
6 d early
2021
2 d early
2020
29 d early
2020
5 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€409.23M▲ 0.8%
2024 · €405.89M
2019: €89.26M
2020: €385.50M
2021: €389.19M
2022: €392.06M
2023: €395.77M
2024: €405.89M
2019 → 2025
Net result
€3.35M▼ 66.9%
2024 · €10.12M
2019: €13.37M
2020: €275.11M
2021: €3.69M
2022: €2.87M
2023: €3.72M
2024: €10.12M
2019 → 2025
Total assets
€411.29M▲ 1.2%
2024 · €406.56M
2019: €93.00M
2020: €386.96M
2021: €389.89M
2022: €394.88M
2023: €396.15M
2024: €406.56M
2019 → 2025
Solvency
99.5%▼ 0.3pp
2024 · 99.8%
2019: 96.0%
2020: 99.6%
2021: 99.8%
2022: 99.3%
2023: 99.9%
2024: 99.8%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.48M-€1.78M▲ 19.9%€1.99M▲ 12.0%€5.80M▲ 191%€2.94M▼ 49.3%
Equity€389.19M-€392.06M▲ 0.7%€395.77M▲ 0.9%€405.89M▲ 2.6%€409.23M▲ 0.8%
Operating result€21k-€-148k€-261k▼ 76.5%€2.67M€-321k
Net result€3.69M-€2.87M▼ 22.2%€3.72M▲ 29.5%€10.12M▲ 172%€3.35M▼ 66.9%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €321k after €2.67M in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €411.29M
Fixed assets
€337.54M ▲ 7.4%
Current assets
€73.74M ▼ 20.0%
Equity and liabilities €411.29M
Equity
€409.23M ▲ 0.8%
Debt
€2.05M ▲ 205%
Debt's share of the balance-sheet total rises from 0.2% to 0.5%. Equity and debt are higher.
Key figures and ratios
ROE
0.8%▼
2024 · 2.5%
ROA
0.8%▼
2024 · 2.5%
Debt ≤ 1 year
€2.05M▲
2024 · €673k
Income taxes
€1.35M▲
2024 · €1.06M
Staff costs
€2.20M▲
2024 · €1.98M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 71 lines
Balance sheet
Code20242025
Assets
Total assets20/58€406.56M€411.29M▲
Fixed assets21/28€314.42M€337.54M▲
Tangible fixed assets22/27€213k€163k▼
Plant, machinery and equipment23€172k€132k▼
Furniture and vehicles24€41k€31k▼
Financial fixed assets28€314.20M€337.38M▲
Affiliated companies280/1€314.20M€314.81M▲
Participating interests280€312.59M€313.09M▲
Amounts receivable281€1.61M€1.71M▲
Other financial fixed assets284/8-€22.57M
Shares284-€22.57M
Current assets29/58€92.15M€73.74M▼
Amounts receivable after more than one year29€23.24M€9.73M▼
Other amounts receivable291€23.24M€9.73M▼
Stocks and contracts in progress3€5k-
Stocks30/36€5k-
Finished goods33€5k-
Amounts receivable within one year40/41€4.50M€3.00M▼
Trade receivables40€710k€759k▲
Other amounts receivable41€3.79M€2.24M▼
Current investments50/53€63.41M€60.13M▼
Other investments51/53€63.41M€60.13M▼
Cash at bank and in hand54/58€553k€346k▼
Deferred charges and accrued income490/1€441k€533k▲
Equity and liabilities
Total equity and liabilities10/49€406.56M€411.29M▲
Equity10/15€405.89M€409.23M▲
Contributions10/11€23.64M€23.64M=
Reserves13€2.07M€2.07M=
Distributable reserves133€2.07M€2.07M=
Profit (loss) carried forward14€380.18M€383.52M▲
Amounts payable17/49€674k€2.05M▲
Amounts payable within one year42/48€673k€2.05M▲
Trade debts44€101k€59k▼
Suppliers440/4€101k€59k▼
Taxes, remuneration and social security45€412k€435k▲
Taxes450/3€24k-
Remuneration and social security454/9€388k€435k▲
Other amounts payable47/48€159k€1.56M▲
Accrued charges and deferred income492/3€840-
Income statement
Code20242025
Operating income70/76A€5.74M€2.98M▼
Turnover70€5.80M€2.94M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-102k€-5k▲
Other operating income74€40k€45k▲
Operating charges60/66A€3.07M€3.30M▲
Goods for resale, raw materials and consumables60€3k€25k▲
Purchases600/8€3k€25k▲
Services and other goods61€1.02M€993k▼
Remuneration, social security and pensions62€1.98M€2.20M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€50k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-15k-
Other operating charges640/8€39k€39k▼
Operating profit (loss)9901€2.67M€-321k▼
Financial income75/76B€8.58M€5.54M▼
Recurring financial income75€8.58M€5.54M▼
Income from financial fixed assets750€6.98M€3.81M▼
Income from current assets751€1.42M€1.47M▲
Other financial income752/9€173k€257k▲
Financial charges65/66B€63k€521k▲
Recurring financial charges65€63k€521k▲
Debt charges650€26k€40k▲
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€-378k€353k▲
Other financial charges652/9€414k€129k▼
Profit (loss) for the period before taxes9903€11.18M€4.70M▼
Income taxes67/77€1.06M€1.35M▲
Taxes670/3€1.17M€1.35M▲
Tax adjustments and reversals of tax provisions77€104k-
Profit (loss) for the period9904€10.12M€3.35M▼
Profit (loss) for the period to be appropriated9905€10.12M€3.35M▼
Appropriation of the result
Profit (loss) to be appropriated9906€380.18M€383.52M▲
Profit (loss) brought forward from the previous period14P€370.06M€380.18M▲
Social balance
Average headcount (FTE)908720.522.9▲
The notes to these accounts (61 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
23-09
State Gazette act
Partner · Incorporation
Legal form clause · Name clause
18-08
State Gazette act
General meeting · Demerger
Capital decrease · Accounting effect
04-08
State Gazette act
General meeting · Demerger
Capital decrease · Incorporation
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €2.87M ▼22.2%
Net result drops to €2.87M, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 429.79
Current ratio from 105.10 to 429.79; short-term debt falls from €624k to €190k.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity doublescurrent ratio 105.10
Current ratio from 44.72 to 105.10; short-term debt falls from €1.43M to €624k.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Show earlier events
2020
31-12
Financial
Highest result since 2019net €275.11M ▲1957%
Operating result €11.84M, net result €275.11M, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 44.72
Current ratio from 10.34 to 44.72; short-term debt falls from €3.75M to €1.43M.
31-12
Financial
Equity above €250MEq €385.50M ▲332%
2 profitable years in a row build equity to €385.50M.
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2014
29-10
State Gazette act
Board meeting · Capital increase
Capital · Statutes amendment
01-07
State Gazette act
General meeting · Director appointment
Permanent representative
15-01
State Gazette act
General meeting · Capital increase
Capital · Statutes amendment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Sint-Truiden · 1 establishment unit since 2007
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.
Lichtenberglaan 20193800 Sint-TruidenGround area
2.5 ha
Building footprint
9,811 m²
Parcel 71353E0506/00M002, Flanders. Linked by address, not a title deed.
1 establishment unit
-
since 20072.159.198.323
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71353E0506/00M002 | Flanders | 2.5 ha | 1 · 9,811 m² | - |
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.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,384 EUR awarded · 1,384 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 447 EUR | 447 EUR |
| 2024 | 1 | 937 EUR | 937 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Truiden2.159.198.323
Legal Entity Identifier
5493002YQC00BC187N37
Similar companies · same sector, comparable size
CENERGY HOLDINGS
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ANDHERS
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Financière L.M.
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 719 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-01-2007
Fiscal year end31-12
Activities, NACEBEL 2025
46852Wholesale trade
64210Activities of holding companies
01610Support activities for crop production
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.