KPEX
ActiveSummary
KPEX has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €861k and a net result of €-109k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 83% of 1648 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▼-73
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 4.48 against 5.41 in 2024; short-term debt: 6.6% and cash: 27.5% of total assets), and 19% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
81%
Return on assets
-10.2%
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 28-08-2026, 28 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
28 d late
2024
29 d late
2023
27 d late
2022
31 d late
2021
52 d early
2020
67 d early
2019
5 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€861k▼ 11.2%
2024 · €969k
2019: €735k
2020: €1.01M
2021: €953k
2022: €908k
2023: €853k
2024: €969k
2019 → 2025
Total assets
€1.06M▼ 16.9%
2024 · €1.28M
2019: €1.04M
2020: €1.23M
2021: €1.06M
2022: €971k
2023: €1.10M
2024: €1.28M
2019 → 2025
Net result
€-109k
2024 · €103k
2019: €344k
2020: €310k
2021: €-57k
2022: €-27k
2023: €-55k
2024: €103k
2019 → 2025
Working capital
€243k▼ 37.1%
2024 · €386k
2019: €171k
2020: €463k
2021: €417k
2022: €364k
2023: €246k
2024: €386k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€953k-€908k▼ 4.7%€853k▼ 6.1%€969k▲ 13.7%€861k▼ 11.2%
Operating result€-25k-€-1k▲ 95.3%€-45k▼ 3,810%€174k€-94k
Net result€-57k-€-27k▲ 53.6%€-55k▼ 107%€103k€-109k
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 turns negative in 2025: a loss of €94k after €174k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€750k ▼ 6.8%
Current assets
€313k ▼ 34.0%
Equity and liabilities €1.06M
Equity
€861k ▼ 11.2%
Debt
€202k ▼ 34.8%
Debt's share of the balance-sheet total falls from 24.2% to 19.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-67k▼
2024 · €214k
Cash flow
€-82k▼
2024 · €144k
Current ratio
4.48▼
2024 · 5.41
Debt to equity
0.23▼
2024 · 0.32
ROE
-12.6%▼
2024 · 10.6%
ROA
-10.2%▼
2024 · 8.1%
Interest coverage
-4.20▼
2024 · 12.40
Debt ≤ 1 year
€70k▼
2024 · €88k
Debt > 1 year
€132k▼
2024 · €222k
Income taxes
€2k▼
2024 · €59k
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€1.28M€1.06M▼
Fixed assets21/28€805k€750k▼
Tangible fixed assets22/27€804k€750k▼
Land and buildings22€736k€721k▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€63k€22k▼
Other tangible fixed assets26-€2k
Financial fixed assets28€377-
Current assets29/58€474k€313k▼
Amounts receivable within one year40/41€73k€17k▼
Trade receivables40€19k€17k▼
Other amounts receivable41€54k-
Current investments50/53€2-
Cash at bank and in hand54/58€394k€292k▼
Deferred charges and accrued income490/1€7k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.28M€1.06M▼
Equity10/15€969k€861k▼
Reserves13€309k€309k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€87k€87k=
Distributable reserves133€220k€220k=
Profit (loss) carried forward14€661k€552k▼
Amounts payable17/49€309k€202k▼
Amounts payable after more than one year17€222k€132k▼
Financial debts170/4€222k€132k▼
Amounts payable within one year42/48€88k€70k▼
Current portion of amounts payable after more than one year42€9k€9k=
Financial debts43€167€198▲
Credit institutions430/8€167€198▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€73k€58k▼
Taxes450/3€73k€58k▼
Other amounts payable47/48€3k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€27k▼
Other operating charges640/8€10k€6k▼
Non-recurring operating charges66A-€16k
Gross operating margin9900€224k€-45k▼
Operating profit (loss)9901€174k€-94k▼
Financial income75/76B€6k€4k▼
Recurring financial income75€6k€4k▼
Financial charges65/66B€17k€16k▼
Recurring financial charges65€17k€16k▼
Profit (loss) for the period before taxes9903€162k€-106k▼
Income taxes67/77€59k€2k▼
Profit (loss) for the period9904€103k€-109k▼
Profit (loss) for the period to be appropriated9905€103k€-109k▼
Appropriation of the result
Profit (loss) to be appropriated9906€764k€552k▼
Profit (loss) brought forward from the previous period14P€661k€661k=
Transfer to equity691/2€103k-
To other reserves6921€103k-
The notes to these accounts (11 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-109k
Net result drops to €-109k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €103k
Net result €103k after 3 loss-making years.
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2021
10-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 11.27
Current ratio from 4.66 to 11.27; short-term debt falls from €127k to €41k.
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 4.66
Current ratio from 1.89 to 4.66; short-term debt falls from €193k to €127k.
30-06
Financial
Equity above €1MEq €1.01M ▲37.5%
2 profitable years in a row build equity to €1.01M.
05-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
Show earlier events
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
08-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Rixensart · 1 establishment unit since 2007
Ground area
2,558 m²
Building footprint
287 m²
Volume, LiDAR
2,096 m³
2 parcels, Wallonia · tallest building 15.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KPEX
since 20072.164.340.808
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25091F0678/00E000 | Wallonia | 1,946 m² | 1 · 165 m² | 9.1 m · 2 fl. |
| 25006C0170/00G000 | Wallonia | 612 m² | 1 · 122 m² | 15.7 m · 2 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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Of 13,417 companies in sector 73300 we hold annual accounts for 6,898. 3,299 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
Founded02-08-2007
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.