KCW
ActiveSummary
KCW has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €423k and a net result of €60k. Equity is growing by ~53.4% per year across the filed fiscal years. Its solvency ranks better than 80% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▼-16
Solvency95▲+20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 0.62 in 2023; short-term debt: 15.6% and cash: 14.5% of total assets), and 30.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 →
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 18-06-2025, 43 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
43 d early
2023
34 d early
2022
23 d late
2021
48 d early
2020
44 d early
2019
101 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€423k▲ 16.3%
2023 · €364k
2018: €16k
2019: €66k
2020: €90k
2021: €144k
2022: €202k
2023: €364k
2018 → 2024
Total assets
€608k▼ 15.8%
2023 · €722k
2018: €253k
2019: €200k
2020: €186k
2021: €182k
2022: €270k
2023: €722k
2018 → 2024
Net result
€60k▼ 62.8%
2023 · €162k
2018: €10k
2019: €38k
2020: €24k
2021: €55k
2022: €79k
2023: €162k
2018 → 2024
Working capital
€42k
2023 · €-100k
2018: €-28k
2019: €-46k
2020: €-36k
2021: €41k
2022: €54k
2023: €-100k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€90k-€144k▲ 60.5%€202k▲ 40.2%€364k▲ 80.3%€423k▲ 16.3%
Operating result€32k-€81k▲ 156%€107k▲ 30.9%€219k▲ 105%€93k▼ 57.4%
Net result€24k-€55k▲ 128%€79k▲ 43.3%€162k▲ 106%€60k▼ 62.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 57% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €608k
Fixed assets
€471k ▼ 15.7%
Current assets
€137k ▼ 16.1%
Equity and liabilities €608k
Equity
€423k ▲ 16.3%
Provisions
€15k ▼ 22.7%
Debt
€170k ▼ 49.8%
Debt's share of the balance-sheet total falls from 47.0% to 28.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€233k▼
2023 · €279k
Cash flow
€200k▼
2023 · €222k
Current ratio
1.44▲
2023 · 0.62
Quick ratio
1.15▲
2023 · 0.56
Debt to equity
0.40▼
2023 · 0.93
ROE
14.2%▼
2023 · 44.5%
ROA
9.9%▼
2023 · 22.4%
Interest coverage
31.15▼
2023 · 46.09
Debt ≤ 1 year
€95k▼
2023 · €264k
Debt > 1 year
€75k=
2023 · €75k
Income taxes
€30k▼
2023 · €31k
Staff costs
€184k▲
2023 · €147k
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 · 2024 against 2023 · 57 lines
Balance sheet
Code20232024
Assets
Total assets20/58€722k€608k▼
Fixed assets21/28€559k€471k▼
Tangible fixed assets22/27€558k€471k▼
Plant, machinery and equipment23€64k€48k▼
Furniture and vehicles24€466k€399k▼
Other tangible fixed assets26€28k€25k▼
Financial fixed assets28€405€405=
Current assets29/58€163k€137k▼
Stocks and contracts in progress3€17k€28k▲
Stocks30/36€17k€28k▲
Amounts receivable within one year40/41€119k€15k▼
Trade receivables40€119k€9k▼
Other amounts receivable41€360€5k▲
Cash at bank and in hand54/58€24k€88k▲
Deferred charges and accrued income490/1€3k€6k▲
Equity and liabilities
Total equity and liabilities10/49€722k€608k▼
Equity10/15€364k€423k▲
Contributions10/11€5k€5k=
Reserves13€359k€418k▲
Tax-exempt reserves132€58k€45k▼
Distributable reserves133€301k€373k▲
Provisions and deferred taxes16€19k€15k▼
Deferred taxes168€19k€15k▼
Amounts payable17/49€339k€170k▼
Amounts payable after more than one year17€75k€75k=
Financial debts170/4€75k€75k=
Amounts payable within one year42/48€264k€95k▼
Trade debts44€206k€43k▼
Suppliers440/4€206k€43k▼
Taxes, remuneration and social security45€50k€32k▼
Taxes450/3€33k€6k▼
Remuneration and social security454/9€17k€26k▲
Other amounts payable47/48€7k€19k▲
Accrued charges and deferred income492/3€503€533▲
Income statement
Code20232024
Remuneration, social security and pensions62€147k€184k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€140k▲
Other operating charges640/8€696€712▲
Gross operating margin9900€427k€418k▼
Operating profit (loss)9901€219k€93k▼
Financial income75/76B€104€85▼
Recurring financial income75€104€85▼
Financial charges65/66B€6k€7k▲
Recurring financial charges65€6k€7k▲
Profit (loss) for the period before taxes9903€213k€86k▼
Transfer from deferred taxes780€3k€4k▲
Transfer to deferred taxes680€22k-
Income taxes67/77€31k€30k▼
Profit (loss) for the period9904€162k€60k▼
Transfer from tax-exempt reserves789€8k€13k▲
Transfer to tax-exempt reserves689€66k-
Profit (loss) for the period to be appropriated9905€104k€73k▼
Appropriation of the result
Profit (loss) to be appropriated9906€104k€73k▼
Transfer from equity791/2-€833
Transfer to equity691/2€104k€73k▼
To other reserves6921€104k€73k▼
Profit to be distributed694/7-€833
Return on contributions (dividend)694-€833
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 1.44
Current ratio from 0.62 to 1.44; short-term debt falls from €264k to €95k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €162k ▲106%
Operating result €219k, net result €162k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial
Equity above €200kEq €202k ▲40.2%
5 profitable years in a row build equity to €202k.
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 2.08
Current ratio from 0.57 to 2.08; short-term debt falls from €85k to €38k.
31-12
Financial
Equity above €100kEq €144k ▲60.5%
4 profitable years in a row build equity to €144k.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
14-06
NBB filing
Annual accounts filed
fiscal year 2017 · 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, Kasterlee · 1 establishment unit since 2016
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.
Retiesebaan 1122460 KasterleeGround area
2,562 m²
Building footprint
183 m²
Volume, LiDAR
603 m³
Parcel 13017G0268/00G000, Flanders · tallest building 7.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
KCW
since 20162.254.711.748
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13017G0268/00G000 | Flanders | 2,562 m² | 1 · 183 m² | 7.9 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 54,876 EUR awarded · 54,876 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 14,653 EUR | 14,653 EUR |
| 2024 | 1 | 12,644 EUR | 12,644 EUR |
| 2023 | 1 | 18,677 EUR | 18,677 EUR |
| 2022 | 1 | 8,902 EUR | 8,902 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Food safety, FASFC
1 siteKasterlee2.254.711.748
Similar companies · same sector, comparable size
VANDUFFEL FOODS
BE 0440.029.513
Lommel · Eq €423k
GROUPE B
BE 0428.147.904
Charleroi · Eq €422k
De Guchtenaere Tony
BE 0448.946.781
Lokeren · Eq €425k
Slagerij Groven Eddy
BE 0779.790.621
Bilzen-Hoeselt · Eq €426k
BEN HOUMANNE
BE 0836.872.250
Sint-Lambrechts-Woluwe · Eq €420k
Of 3,043 companies in sector 47221 we hold annual accounts for 1,564. 1,132 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
Founded08-07-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47210Retail sale of fruit and vegetables
47221Retail sale of meat and meat products, excluding game and poultry
47222Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.