KIVIK
ActiveSummary
KIVIK has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €87k and a net result of €12k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 68% of 7750 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-2
Solvency95▲+20
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.17 against 1.81 in 2024; short-term debt: 29.7% and cash: 38% of total assets), and 29.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 82
Relative position
BE, all sectors
reference
Sector 82
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
70.3%
Return on assets
9.8%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €87k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
4 d early
2023
30 d late
2022
30 d late
2021
31 d late
2020
4 d early
2019
24 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€87k▲ 16.2%
2024 · €75k
2018: €67k
2019: €88k
2020: €88k
2021: €91k
2022: €101k
2023: €78k
2024: €75k
2018 → 2025
Total assets
€124k▼ 17.7%
2024 · €151k
2018: €95k
2019: €126k
2020: €130k
2021: €141k
2022: €150k
2023: €174k
2024: €151k
2018 → 2025
Net result
€12k▼ 31.7%
2024 · €18k
2018: €27k
2019: €21k
2020: €21k
2021: €14k
2022: €10k
2023: €17k
2024: €18k
2018 → 2025
Working capital
€80k▲ 29.3%
2024 · €62k
2018: €42k
2019: €65k
2020: €56k
2021: €62k
2022: €79k
2023: €61k
2024: €62k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€91k-€101k▲ 11.0%€78k▼ 22.4%€75k▼ 3.9%€87k▲ 16.2%
Operating result€15k-€14k▼ 8.6%€26k▲ 84.0%€29k▲ 9.5%€21k▼ 26.6%
Net result€14k-€10k▼ 28.1%€17k▲ 68.3%€18k▲ 6.3%€12k▼ 31.7%
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 27% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124k
Fixed assets
€8k ▼ 43.9%
Current assets
€116k ▼ 15.2%
Equity and liabilities €124k
Equity
€87k ▲ 16.2%
Debt
€37k ▼ 51.4%
Debt's share of the balance-sheet total falls from 50.2% to 29.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▼
2024 · €35k
Cash flow
€18k▼
2024 · €24k
Current ratio
3.17▲
2024 · 1.81
Debt to equity
0.42▼
2024 · 1.01
ROE
13.9%▼
2024 · 23.7%
ROA
9.8%▼
2024 · 11.8%
Interest coverage
11.20▼
2024 · 19.32
Debt ≤ 1 year
€37k▼
2024 · €76k
Income taxes
€7k▼
2024 · €9k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€151k€124k▼
Fixed assets21/28€13k€8k▼
Tangible fixed assets22/27€13k€8k▼
Land and buildings22€0-
Plant, machinery and equipment23€6k€3k▼
Furniture and vehicles24€4k€2k▼
Other tangible fixed assets26€3k€2k▼
Current assets29/58€137k€116k▼
Amounts receivable within one year40/41€20k€38k▲
Trade receivables40€20k€17k▼
Other amounts receivable41€88€22k▲
Current investments50/53€10k€30k▲
Cash at bank and in hand54/58€107k€47k▼
Deferred charges and accrued income490/1€662€767▲
Equity and liabilities
Total equity and liabilities10/49€151k€124k▼
Equity10/15€75k€87k▲
Contributions10/11€19k€19k=
Reserves13€56k€69k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€55k€67k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€76k€37k▼
Amounts payable within one year42/48€76k€37k▼
Financial debts43-€288
Credit institutions430/8-€288
Trade debts44€979€950▼
Suppliers440/4€979€950▼
Taxes, remuneration and social security45€5k€2k▼
Taxes450/3€5k€2k▼
Other amounts payable47/48€69k€33k▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€1k€973▼
Non-recurring operating charges66A€0-
Gross operating margin9900€36k€28k▼
Operating profit (loss)9901€29k€21k▼
Financial income75/76B€1€217▲
Recurring financial income75€1€217▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€27k€19k▼
Income taxes67/77€9k€7k▼
Profit (loss) for the period9904€18k€12k▼
Profit (loss) for the period to be appropriated9905€18k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€12k▼
Profit (loss) brought forward from the previous period14P€0€0=
Transfer from equity791/2€21k€0▼
Transfer to equity691/2€18k€12k▼
To other reserves6921€18k€12k▼
Profit to be distributed694/7€21k€0▼
Return on contributions (dividend)694€21k€0▼
The notes to these accounts (13 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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €10k ▼28.1%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €101k ▲11%
5 profitable years in a row build equity to €101k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 92 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Erpe-Mere · 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.
Veldstraat 429420 Erpe-MereGround area
653 m²
Building footprint
231 m²
Volume, LiDAR
1,322 m³
Parcel 41009B0200/00S000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KIVIK
since 20092.178.508.449
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41009B0200/00S000 | Flanders | 653 m² | 1 · 231 m² | 8.7 m · 2 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 · 1 entry · 89 EUR awarded · 89 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 89 EUR | 89 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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TOP MONTAGE
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E-ATLETE
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INVENTION
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Lier · Eq €87,020
Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 7,180 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 (pre-2019)
Founded02-06-2009
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
46232Wholesale trade
55209Other holiday and short-stay accommodation
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.