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KH20

Active
Xavier De Cocklaan 73 ·9831 Sint-Martens-Latem, Belgium
KBO/BCE: BE 1002.116.896
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Age2 yrs
Real estate1 parcel · 562 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of KH20 is 0.7% (low). The 2025 annual accounts show equity of €63k and a net result of €61k. Its solvency ranks better than 49% of 1339 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
There is a single filed set of accounts, closing on 30-06. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
30-06-2025 31-01-2026 28-01-2026 3 d early 2026-00025317

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.7% Low
0%0,5%1,5%4%10%≥25%
Young company +Lower-failure-rate sector −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€61k
Working capital€-44k

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 28-01-2026 with the NBB · fiscal year 2025 · micro
Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 21.7% 22.9%
better than 49% of 1339 sector peers
Net result €61k €10k
better than 86% of 1337 sector peers
Equity €63k €44k
better than 57% of 1340 sector peers
Gross operating margin €139k €39k
better than 86% of 1337 sector peers
Total assets €291k €291k
better than 50% of 1339 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2025
Depositmicro
Revenue-
EBITDA€137k
Net profit€61k
Cash flow€111k
Staff costs-
Income taxes€23k
Dividends-
Total assets€291k
Equity€63k
Debt€228k
of which ≤ 1y€133k
of which > 1y€95k
Working capital€-44k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.67
Quick ratio0.67
Working capital ratio-15.2%
Solvency21.7%
Debt / equity3.62
Long-term debt ratio1.51
Interest coverage42.67
Gross margin-
Net margin-
ROA20.8%
ROE96.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€291k
Fixed assets 21/28€203k
Intangible fixed assets 21€150k
Tangible fixed assets 22/27€52k
Current assets 29/58€89k
Amounts receivable within one year 40/41€24k
Cash & bank 54/58€63k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€291k
Equity 10/15€63k
Contributions / capital 10/11€3k
Reserves 13€61k
Amounts payable 17/49€228k
Amounts payable after one year 17€95k
Amounts payable within one year 42/48€133k
Trade debts payable within one year 44€305
Income statement
Gross operating margin 9900€139k
Operating result 9901€87k
Financial charges 65€3k
Result before taxes 9903€83k
Income taxes 67/77€23k
Net result for the period 9904€61k
Result to be appropriated 9905€61k
Ratios computed by Checked.

Health barometer

FY 2025 · computed
48 / 100 Fair
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Xavier De Cocklaan 739831 Sint-Martens-Latem

Establishment units

1 location
KH20
Xavier De Cocklaan 73, 9831 Sint-Martens-LatemFokken en houden van melkvee
since 20232.352.028.383
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area562 m²
Buildings1
Building footprint305 m²
Volume (LiDAR)1,480 m³
Tallest building9.9 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44015B0600/00K000 Flanders 562 m² 1 · 305 m² 9.9 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health48Profitability100Solvency22Growth-Stability67
59 / 100

Mixed profile: strong on profitability, weaker on solvency.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 48
Profitability 100
Solvency 22
Growth -
Stability 67

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 1,363 of the 11,733 companies in this sector. 1,116 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Bemiddeling in verband met exploitatie van en handel in onroerend goed68310Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis68311Algemene bouw van andere niet-residentiële gebouwen41003Algemene bouw van andere niet-residentiële gebouwen41203Holdings64200Activiteiten van holdings64210Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis68312Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis68322Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
Legal nameNL KH20
Registered office
Xavier De Cocklaan 73
9831 Sint-Martens-Latem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.