Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 57 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Kroll Associates from Brussel, company number BE0771349938, closed financial year 2025 with a result of € -210,979 after tax. For that financial year Kroll Associates recorded a gross margin of € 518,710 and equity of € -2.3 million. Compared with financial year 2024, the result moved from € -1.1 million to € -210,979. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 7, 2026.
€ -2.3 million
▼ € 210,979 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -210,979
▲ 80 % less loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.4 million.
People and assets in 2025
1
▼ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 466,347
▼ 71% vs 2024
€ 466,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 37,067
▲ 184% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 290,637
▼ 21% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 783,272 | € 636,446 | € 672,214 | € 518,710 | ▼ 23% |
| Profit after taxes | € 66,116 | € -1,197,520 | € -1,064,109 | € -210,979 | ▲ € 853,130 |
| Equity | € 216,116 | € -981,403 | € -2,045,512 | € -2,256,491 | ▼ € 210,979 |
| Total debts | € 723,167 | € 1,941,512 | € 5,186,315 | € 5,253,000 | ▲ 1% |
| Retained profit | € 66,116 | € -1,131,403 | € -2,195,512 | € -2,406,491 | ▼ € 210,979 |
| Balance sheet total | € 939,283 | € 960,108 | € 3,140,803 | € 2,996,509 | ▼ 5% |
| Employees (FTE) | - | - | 3.7 | 1 | ▼ 2.7 |
Key figures of Kroll Associates, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Kroll Associates?
What happened at Kroll Associates in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 210,979. Source: NBB ↗
- Matea Sullivan became a director. NBB
- Edward Forman stepped down as director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
- Patrick Puzzuoli became a director. NBB
- Edward Forman became a director. NBB
In short
From € 66,116 profit in 2022 to € 210,979 loss in 2025.
Paid € 49,204 in corporate taxes since 2022.
Best year ever: 2022, with € 66,116 profit.
On average € 518,700 of value added per employee in 2025.
Management
Behind Kroll Associates are Matea Sullivan and Patrick Puzzuoli.
Directors
According to the 2025 annual accounts
Matea Sullivan
Director
since 2026
Patrick Puzzuoli
Director
since 2021
Edward Forman
Director
since 2021 · until 2026
Establishments
Establishment units
Physical locations of this company
Handelsstraat 31
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Mimecast
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
kroll.com
Registered
1995-09-02
Registrar
MarkMonitor Inc.
Expires
2027-09-01
Website info
Features
Security
Network
Details
- Company number
- 0771.349.938
- VAT number
- BE 0771.349.938
- Registered office
- Handelsstraat 31, 1000 Brussel
- Names & denominations
- Kroll Associates
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2021
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- kroll.com
- Activities · NACE
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