KANTORO
ActiveKANTORO has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €74k and a net result of €2k. Equity is shrinking by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 11297 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▼-45
Solvency53▼-12
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.97 against 1.4 in 2024; short-term debt: 59.6% and cash: 29.7% of total assets), and 71.6% of the assets are financed with debt.
Credit advice 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 · 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 46
Relative position
BE, all sectors
reference
Sector 46
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
28.4%
Return on assets
0.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 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
13 d late
2024
2 d early
2023
on the day
2022
29 d late
2021
25 d late
2020
18 d late
2019
39 d late
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€74k▼ 44.1%
2024 · €132k
2018: €155k
2019: €157k
2020: €128k
2021: €99k
2022: €96k
2023: €100k
2024: €132k
2018 → 2025
Total assets
€260k▼ 20.6%
2024 · €327k
2018: €373k
2019: €375k
2020: €336k
2021: €326k
2022: €303k
2023: €315k
2024: €327k
2018 → 2025
Net result
€2k▼ 94.7%
2024 · €32k
2018: €6k
2019: €6k
2020: €-29k
2021: €-29k
2022: €-4k
2023: €4k
2024: €32k
2018 → 2025
Working capital
€-5k
2024 · €60k
2018: €144k
2019: €138k
2020: €100k
2021: €53k
2022: €38k
2023: €34k
2024: €60k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€96k▼ 3.8%€100k▲ 4.2%€132k▲ 32.5%€74k▼ 44.1%
Operating result€-21k-€3k€10k▲ 210%€45k▲ 335%€14k▼ 68.8%
Net result€-29k-€-4k▲ 86.9%€4k€32k▲ 705%€2k▼ 94.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €260k
Fixed assets
€110k▼ 6.7%
Current assets
€149k▼ 28.5%
Equity and liabilities €260k
Equity
€74k▼ 44.1%
Debt
€186k▼ 4.7%
The debt ratio rises from 59.6% to 71.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€21k▼
2024 · €53k
Cash flow
€9k▼
2024 · €40k
Solvency
28.4%▼
2024 · 40.4%
Current ratio
0.97▼
2024 · 1.40
Quick ratio
0.66▼
2024 · 1.03
Debt / equity
2.52▲
2024 · 1.48
ROE
2.3%▼
2024 · 24.5%
ROA
0.7%▼
2024 · 9.9%
Interest coverage
1.94▼
2024 · 9.56
Debt
€186k▼
2024 · €195k
Debt ≤ 1 year
€155k▲
2024 · €149k
Debt > 1 year
€31k▼
2024 · €46k
Income taxes
€2k▼
2024 · €7k
Staff costs
€146k▲
2024 · €140k
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€327k€260k▼
Formation expenses20€0-
Fixed assets21/28€118k€110k▼
Intangible fixed assets21€2k€1k▼
Tangible fixed assets22/27€116k€109k▼
Land and buildings22€115k€109k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€1k-
Current assets29/58€209k€149k▼
Stocks and contracts in progress3€55k€47k▼
Stocks30/36€55k€47k▼
Amounts receivable within one year40/41€47k€26k▼
Trade receivables40€44k€23k▼
Other amounts receivable41€2k€3k▲
Cash at bank and in hand54/58€107k€77k▼
Equity and liabilities
Total equity and liabilities10/49€327k€260k▼
Equity10/15€132k€74k▼
Contributions10/11€12k€12k=
Reserves13€100k€40k▼
Non-distributable reserves130/1€6k-
Reserves not available under the articles1311€6k-
Tax-exempt reserves132€18k€18k=
Distributable reserves133€76k€22k▼
Profit (loss) carried forward14€19k€21k▲
Amounts payable17/49€195k€186k▼
Amounts payable after more than one year17€46k€31k▼
Financial debts170/4€46k€31k▼
Amounts payable within one year42/48€149k€155k▲
Current portion of amounts payable after more than one year42€14k€15k▲
Trade debts44€74k€72k▼
Suppliers440/4€74k€72k▼
Taxes, remuneration and social security45€61k€35k▼
Taxes450/3€27k€15k▼
Remuneration and social security454/9€34k€20k▼
Other amounts payable47/48-€34k
Accrued charges and deferred income492/3€41-
Income statement
Code20242025
Non-recurring operating income76A-€9k
Remuneration, social security and pensions62€140k€146k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€195k€170k▼
Operating profit (loss)9901€45k€14k▼
Financial income75/76B€211€287▲
Recurring financial income75€211€287▲
Financial charges65/66B€6k€11k▲
Recurring financial charges65€6k€11k▲
Profit (loss) for the period before taxes9903€40k€4k▼
Income taxes67/77€7k€2k▼
Profit (loss) for the period9904€32k€2k▼
Profit (loss) for the period to be appropriated9905€32k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€19k€21k▲
Profit (loss) brought forward from the previous period14P€-13k€19k▲
Transfer from equity791/2-€60k
Profit to be distributed694/7-€60k
Return on contributions (dividend)694-€60k
The notes to these accounts (10 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €32k ▲705%
Operating result €45k, net result €32k, both a record.
31-12
Financial
Equity above €100kEq €132k ▲32.5%
2 profitable years in a row build equity to €132k.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
31-12
Financial
Weakest financial yearnet €-29k
Net result drops to €-29k, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 39 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 27 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Tienen · 1 establishment unit since 2003
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.
Gilainstraat 493300 TienenGround area
201 m²
Building footprint
153 m²
Volume, LiDAR
1,382 m³
Parcel 24593H0039/00C000, Flanders · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Kantoro
since 20032.127.173.871
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24593H0039/00C000 | Flanders | 201 m² | 1 · 153 m² | 16.0 m · 4 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
Economatic
BE 0686.738.620
Schoten · Eq €74k
KT Labeling
BE 0661.755.675
Temse · Eq €71k
KERGER BUREAUTIQUE
BE 0628.748.357
Messancy · Eq €71k
DE BRUYN
BE 0841.193.205
Schilde · Eq €70k
EDITIONS VAN DEN HAUTE
BE 0423.047.088
Putte · Eq €69k
Of 334 companies in sector 46492 we hold annual accounts for 241. 162 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-03-2003
Fiscal year end31-12
Activities, NACEBEL
46492Wholesale trade
47620Retail trade
47621Retail sale of newspapers and periodicals
52470
51475
Sources
Crossroads Bank for EnterprisesNational Bank · 23 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.