KAFPE
ActiveSummary
KAFPE has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €-3k. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 19% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+25
Solvency30▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.25 against 0.24 in 2024; short-term debt: 94.5% and cash: 4% of total assets), and 94.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
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 2025Solvency, return and age of the figures
Solvency
5.5%
Return on assets
-0.4%
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 19% of 4539 sector peers (2025).
NBB · sector comparisonPosition among 4539 sector peers
Solvency
better than 19%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
29 d late
2024
on the day
2023
28 d late
2022
39 d early
2021
53 d late
2020
40 d early
2019
25 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
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-3k
2024 · €624
2018: €1k
2019: €24k
2020: €14k
2021: €2k
2022: €14k
2023: €202k
2024: €624
2018 → 2025
Working capital
€-459k▲ 3.7%
2024 · €-477k
2018: €-789k
2019: €-749k
2020: €-718k
2021: €-701k
2022: €-691k
2023: €-498k
2024: €-477k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-179k-€-165k▲ 7.8%€37k€38k▲ 1.7%€35k▼ 7.2%
Operating result€3k-€15k▲ 442%€199k▲ 1,265%€-9k€-4k▲ 58.1%
Net result€2k-€14k▲ 513%€202k▲ 1,352%€624▼ 99.7%€-3k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €9k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €643k
Fixed assets
€494k ▼ 3.9%
Current assets
€149k ▼ 0.8%
Equity and liabilities €643k
Equity
€35k ▼ 7.2%
Debt
€608k ▼ 3.0%
Debt's share of the balance-sheet total rises from 94.3% to 94.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€16k▲
2024 · €11k
Cash flow
€17k▼
2024 · €21k
Current ratio
0.25▲
2024 · 0.24
Debt to equity
17.28▲
2024 · 16.54
ROE
-7.8%▼
2024 · 1.6%
ROA
-0.4%▼
2024 · 0.1%
Interest coverage
5.33
Debt ≤ 1 year
€608k▼
2024 · €627k
Income taxes
€240=
2024 · €240
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€665k€643k▼
Fixed assets21/28€515k€494k▼
Tangible fixed assets22/27€515k€494k▼
Land and buildings22€488k€475k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€25k€18k▼
Current assets29/58€150k€149k▼
Amounts receivable within one year40/41€260€715▲
Other amounts receivable41€260€715▲
Current investments50/53€108k€119k▲
Cash at bank and in hand54/58€41k€26k▼
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€665k€643k▼
Equity10/15€38k€35k▼
Contributions10/11€421k€421k=
Capital10€421k€421k=
Issued capital100€421k€421k=
Revaluation surpluses12€3k€3k=
Profit (loss) carried forward14€-386k€-389k▼
Amounts payable17/49€627k€608k▼
Amounts payable within one year42/48€627k€608k▼
Trade debts44€4k€4k▼
Suppliers440/4€4k€4k▼
Other amounts payable47/48€623k€605k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▼
Other operating charges640/8€16k€17k▲
Gross operating margin9900€27k€33k▲
Operating profit (loss)9901€-9k€-4k▲
Financial income75/76B€10k€4k▼
Recurring financial income75€10k€4k▼
Financial charges65/66B-€3k
Recurring financial charges65-€3k
Profit (loss) for the period before taxes9903€864€-2k▼
Income taxes67/77€240€240=
Profit (loss) for the period9904€624€-3k▼
Profit (loss) for the period to be appropriated9905€624€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-386k€-389k▼
Profit (loss) brought forward from the previous period14P€-387k€-386k▲
The notes to these accounts (4 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
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 29 days late
2025
31-12
Financial
Weakest financial yearnet €-3k ▼537%
Net result drops to €-3k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial
Highest result since 2018net €202k ▲1352%
Operating result €199k, net result €202k, both a record.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 53 days late
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Roeselare · 1 establishment unit since 1988
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.
Rumbeeksesteenweg 3678800 RoeselareGround area
175 m²
Building footprint
175 m²
Parcel 36302B0100/00W000, Flanders. Linked by address, not a title deed.
1 establishment unit
KAFPE NV
since 19882.040.008.285
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36302B0100/00W000 | Flanders | 175 m² | 1 · 175 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.
Recognitions · licences · registrations
Legal Entity Identifier
699400CCEYNEUUEI0G95
Similar companies · same sector, comparable size
Tandartspraktijk Dens Merksem
BE 0792.945.306
Antwerpen · Eq €35,160
COLLIMMO
BE 0627.960.380
Fléron · Eq €35,140
BERIMMO
BE 0462.587.852
Oostende · Eq €35,123
OurCrib
BE 0763.314.378
Sint-Gillis (bij-Brussel) · Eq €35,285
Data Espace
BE 0466.652.746
Ukkel · Eq €35,343
Of 9,140 companies in sector 68201 we hold annual accounts for 6,769. 2,886 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 formPublic limited company
Founded24-06-1988
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
46140Agents in the wholesale of industrial machinery, ships and aircraft
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.