Keles
ActiveThe computed 12-month bankruptcy probability of Keles is 1.6% (moderate). The 2025 annual accounts show equity of €51k and a net result of €-17k. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 60% of 13061 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency72▼-4
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.33 against 1.49 in 2024), and 57.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
42.4%
Return on assets
-14.1%
Age of the figures
8 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€17k
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
40 d late
2023
30 d late
2022
18 d late
2021
29 d late
2020
101 d late
2019
31 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€51k▼ 25.0%
2024 · €68k
2018: €52k
2019: €63k
2020: €52k
2021: €54k
2022: €58k
2023: €81k
2024: €68k
2018 → 2025
Total assets
€120k▼ 24.5%
2024 · €159k
2018: €81k
2019: €91k
2020: €74k
2021: €86k
2022: €82k
2023: €128k
2024: €159k
2018 → 2025
Net result
€-17k▼ 28.4%
2024 · €-13k
2018: €7k
2019: €17k
2020: €-11k
2021: €2k
2022: €4k
2023: €23k
2024: €-13k
2018 → 2025
Working capital
€21k▼ 47.8%
2024 · €41k
2018: €40k
2019: €48k
2020: €36k
2021: €40k
2022: €47k
2023: €55k
2024: €41k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€58k▲ 8.0%€81k▲ 39.6%€68k▼ 16.3%€51k▼ 25.0%
Operating result€3k-€8k▲ 121%€34k▲ 352%€-9k€-18k▼ 95.3%
Net result€2k-€4k▲ 100%€23k▲ 434%€-13k€-17k▼ 28.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €18k in 2025 against €9k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €120k
Fixed assets
€34k▼ 2.1%
Current assets
€86k▼ 30.7%
Equity and liabilities €120k
Equity
€51k▼ 25.0%
Debt
€69k▼ 24.1%
The debt ratio rises from 57.4% to 57.6%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-11k▼
2024 · €-168
Cash flow
€-10k▼
2024 · €-4k
Solvency
42.4%▼
2024 · 42.6%
Current ratio
1.33▼
2024 · 1.49
Quick ratio
1.08▼
2024 · 1.31
Debt / equity
1.36▲
2024 · 1.35
ROE
-33.3%▼
2024 · -19.4%
ROA
-14.1%▼
2024 · -8.3%
Interest coverage
-10.61▼
2024 · -0.05
Debt
€69k▼
2024 · €91k
Debt ≤ 1 year
€65k▼
2024 · €84k
Debt > 1 year
€4k▼
2024 · €8k
Income taxes
€556▼
2024 · €710
Staff costs
€58k▲
2024 · €37k
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€159k€120k▼
Fixed assets21/28€34k€34k▼
Tangible fixed assets22/27€31k€31k▼
Land and buildings22€6k€12k▲
Plant, machinery and equipment23€10k€8k▼
Furniture and vehicles24€4k€811▼
Leasing and similar rights25€10k€7k▼
Other tangible fixed assets26-€3k
Financial fixed assets28€3k€3k=
Current assets29/58€125k€86k▼
Stocks and contracts in progress3€15k€16k▲
Stocks30/36€15k€16k▲
Amounts receivable within one year40/41€58k€63k▲
Trade receivables40-€11k
Other amounts receivable41€58k€52k▼
Cash at bank and in hand54/58€51k€8k▼
Deferred charges and accrued income490/1€36€47▲
Equity and liabilities
Total equity and liabilities10/49€159k€120k▼
Equity10/15€68k€51k▼
Contributions10/11€12k€12k=
Reserves13€65k€39k▼
Distributable reserves133€65k€39k▼
Profit (loss) carried forward14€-9k€0▲
Amounts payable17/49€91k€69k▼
Amounts payable after more than one year17€8k€4k▼
Financial debts170/4€8k€4k▼
Amounts payable within one year42/48€84k€65k▼
Current portion of amounts payable after more than one year42€3k€3k▲
Trade debts44€67k€45k▼
Suppliers440/4€67k€45k▼
Taxes, remuneration and social security45€13k€17k▲
Taxes450/3€1k€2k▲
Remuneration and social security454/9€12k€15k▲
Income statement
Code20242025
Non-recurring operating income76A-€7k
Remuneration, social security and pensions62€37k€58k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€41k€50k▲
Operating profit (loss)9901€-9k€-18k▼
Financial income75/76B€10€3k▲
Recurring financial income75€10€3k▲
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€-12k€-16k▼
Income taxes67/77€710€556▼
Profit (loss) for the period9904€-13k€-17k▼
Profit (loss) for the period to be appropriated9905€-13k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-26k▼
Profit (loss) brought forward from the previous period14P€4k€-9k▼
Transfer from equity791/2-€26k
The notes to these accounts (12 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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series.
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €23k ▲434%
Operating result €34k, net result €23k, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 101 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 9 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, Heusden-Zolder · 1 establishment unit since 2009
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.
Koolmijnlaan 3833550 Heusden-ZolderGround area
202 m²
Building footprint
189 m²
Volume, LiDAR
1,595 m³
Parcel 71065A0219/00S000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DE MIJN
since 20092.183.027.956
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065A0219/00S000 | Flanders | 202 m² | 1 · 189 m² | 10.9 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteHeusden-Zolder2.183.027.956
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Of 21,621 companies in sector 56112 we hold annual accounts for 9,654. 8,270 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-11-2009
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.