KEY LARGO ESTATES
ActiveKEY LARGO ESTATES has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €145k and a net result of €15k. Equity is shrinking by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 45% of 4501 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-3
Solvency58▲+4
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.23 against 0.22 in 2024; short-term debt: 66.3% and cash: 13.8% of total assets), and 66.8% 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○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
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
33.2%
Return on assets
3.5%
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 31-08-2026, 31 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
31 d late
2024
60 d late
2023
60 d late
2022
61 d late
2021
61 d late
2020
60 d late
2019
68 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
16-09-2026 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
€15k▲ 17.5%
2024 · €13k
2018: €12k
2019: €14k
2020: €17k
2021: €15k
2022: €17k
2023: €31k
2024: €13k
2018 → 2025
Working capital
€-222k▲ 8.0%
2024 · €-241k
2018: €151k
2019: €160k
2020: €65k
2021: €-1k
2022: €5k
2023: €3k
2024: €-241k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€388k-€387k▼ 0.3%€386k▼ 0.2%€129k▼ 66.4%€145k▲ 11.6%
Operating result€16k-€23k▲ 41.8%€26k▲ 12.2%€24k▼ 8.9%€30k▲ 27.3%
Net result€15k-€17k▲ 9.6%€31k▲ 86.1%€13k▼ 58.7%€15k▲ 17.5%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 27% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €435k
Fixed assets
€368k▼ 2.8%
Current assets
€67k▼ 4.0%
Equity and liabilities €435k
Equity
€145k▲ 11.6%
Debt
€291k▼ 8.9%
The debt ratio falls from 71.1% to 66.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▲
2024 · €34k
Cash flow
€26k▲
2024 · €23k
Solvency
33.2%▲
2024 · 28.9%
Current ratio
0.23▲
2024 · 0.22
Quick ratio
0.23▲
2024 · 0.22
Debt / equity
2.01▼
2024 · 2.46
ROE
10.4%▲
2024 · 9.9%
ROA
3.5%▲
2024 · 2.9%
Interest coverage
3.51▼
2024 · 3.88
Debt
€291k▼
2024 · €319k
Debt ≤ 1 year
€288k▼
2024 · €310k
Income taxes
€3k▼
2024 · €5k
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€449k€435k▼
Fixed assets21/28€379k€368k▼
Tangible fixed assets22/27€376k€365k▼
Land and buildings22€287k€276k▼
Other tangible fixed assets26€89k€89k=
Financial fixed assets28€3k€3k=
Current assets29/58€70k€67k▼
Amounts receivable within one year40/41€39k€6k▼
Trade receivables40€33k€4k▼
Other amounts receivable41€6k€2k▼
Current investments50/53€893€897▲
Cash at bank and in hand54/58€30k€60k▲
Equity and liabilities
Total equity and liabilities10/49€449k€435k▼
Equity10/15€129k€145k▲
Contributions10/11€81k€81k=
Capital10€81k€81k=
Issued capital100€81k€81k=
Reserves13€48k€63k▲
Non-distributable reserves130/1€35k€35k=
Legal reserve130€35k€35k=
Distributable reserves133€13k€28k▲
Profit (loss) carried forward14€492€535▲
Amounts payable17/49€319k€291k▼
Amounts payable within one year42/48€310k€288k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€5k€0▼
Suppliers440/4€5k€0▼
Taxes, remuneration and social security45€4k€0▼
Taxes450/3€4k€0▼
Other amounts payable47/48€301k€288k▼
Accrued charges and deferred income492/3€9k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k=
Other operating charges640/8€9k€9k▲
Gross operating margin9900€43k€50k▲
Operating profit (loss)9901€24k€30k▲
Financial income75/76B€3k€5▼
Recurring financial income75€3k€5▼
Financial charges65/66B€9k€12k▲
Recurring financial charges65€9k€12k▲
Profit (loss) for the period before taxes9903€18k€18k▲
Income taxes67/77€5k€3k▼
Profit (loss) for the period9904€13k€15k▲
Profit (loss) for the period to be appropriated9905€13k€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€16k▲
Profit (loss) brought forward from the previous period14P€687€492▼
Transfer to equity691/2€13k€15k▲
To other reserves6921€13k€15k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (7 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 60 days late
2023
31-12
Financial
Highest result since 2018net €31k ▲86.1%
Net result €31k, the highest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 61 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 60 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 68 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 55 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
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, Leuven · 1 establishment unit since 2001
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.
Kesseldallaan 63010 LeuvenGround area
1,341 m²
Building footprint
455 m²
Volume, LiDAR
9,692 m³
2 parcels, Flanders · tallest building 26.9 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Langendaallaan 9, 3001 Leuven
since 20012.079.082.261
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24051A0080/00D000 | Flanders | 1,221 m² | 1 · 393 m² | 26.9 m · 8 fl. |
| 24433E0251/00K006 | Flanders | 120 m² | 1 · 62 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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BE 1003.448.568
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LA SMALA
BE 0474.604.370
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Bar Florida
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W&A Services
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Of 12,014 companies in sector 68203 we hold annual accounts for 5,981. 4,063 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-10-1996
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
70203
52210Service activities incidental to land transportation
63210
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.