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B-K-C

Active
Private limited companyfounded 200917 yrs activeAbelenlaan 11, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0809.287.826
Summary

B-K-C has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€17,351) and a net result of €1,051. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 7081 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability71▲+71
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 5.9 against 2.41 in 2024; short-term debt: 16.1% and cash: 0.2% of total assets), but equity is negative.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-30.9%
Return on assets
1.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 7081 sector peers (2025).
NBB · sector comparison
Position among 7081 sector peers
Solvency
better than 9%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 filings
Deviation from the deadline
2025
27 d late
2024
56 d late
2023
30 d late
2022
35 d early
2021
60 d late
2020
31 d late
2019
26 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 28 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 22 January 2009, B-K-C was incorporated.1 In 2026 the registered office moved to Heusden-Zolder.2 KONINGS Bart Michel Marcel has served as non-statutory director of the company since 2026.2 Total assets went from EUR 313,270 in 2018 to EUR 56,182 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 24-08-2026
  3. 3National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€17,351▲ 5.7%
2024 · -€18,402
Total assets
€56,182▲ 3.5%
2024 · €54,300
Net result
€1,051
2024 · -€11,219
Working capital
€44,423▲ 848%
2024 · €4,687
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€33,944-€5,447-€14,541▼ 167%-€10,272▲ 29.4%€2,112
Net result€23,326within the sector's middle half-€7,374below the sector's middle half-€15,527below the sector's middle half▼ 111%-€11,219below the sector's middle half▲ 27.7%€1,051within the sector's middle half
Equity€15,718below the sector's middle half€8,344below the sector's middle half▼ 46.9%-€7,183below the sector's middle half-€18,402below the sector's middle half▼ 156%-€17,351below the sector's middle half▲ 5.7%
Total assets€140,090within the sector's middle half▼ 55.5%€68,861within the sector's middle half▼ 50.8%€60,299within the sector's middle half▼ 12.4%€54,300below the sector's middle half▼ 9.9%€56,182below the sector's middle half▲ 3.5%
Debt€124,372▼ 61.4%€60,517▼ 51.3%€67,482▲ 11.5%€72,703▲ 7.7%€73,533▲ 1.1%
Working capital€50,152-€8,448€7,771€4,687▼ 39.7%€44,423▲ 848%
Solvency11.2%below the sector's middle half▲ 13.6pp12.1%below the sector's middle half▲ 0.9pp-11.9%below the sector's middle half▼ 24.0pp-33.9%below the sector's middle half▼ 22.0pp-30.9%below the sector's middle half▲ 3.0pp
above within below the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: €33,944€33,944Net result 2021: €23,326€23,326Operating result 2022: -€5,447-€5,447Net result 2022: -€7,374-€7,374Operating result 2023: -€14,541-€14,541Net result 2023: -€15,527-€15,527Operating result 2024: -€10,272-€10,272Net result 2024: -€11,219-€11,219Operating result 2025: €2,112€2,112Net result 2025: €1,051€1,05120212022202320242025-€20,000-€15,000-€10,000-€5,000€0Operating result 2023: -€14,541-€14,500Net result 2023: -€15,527-€15,500Operating result 2024: -€10,272-€10,300Net result 2024: -€11,219-€11,200Operating result 2025: €2,112€2,110Net result 2025: €1,051€1,050202320242025
The operating result returns to profit in 2025: €2,112 after a loss of €10,272 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €56,182
Fixed assets €2,686 ▼ 94.2%
Current assets €53,496 ▲ 567%
Key figures and ratios
2025 value · change against 2024
EBITDA
€3,356▲
2024 · -€7,802
Cash flow
€2,295▲
2024 · -€8,750
Current ratio
5.90▲
2024 · 2.41
Debt to equity
-4.24▼
2024 · -3.95
ROA
1.9%▲
2024 · -20.7%
Interest coverage
7.66▲
2024 · -44.04
Debt ≤ 1 year
€9,073▲
2024 · €3,329
Debt > 1 year
€64,448▼
2024 · €69,362
Income taxes
€663▼
2024 · €770
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,381 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit under 5% of the balance sheet
2.0% went bankrupt
3.1% stopped otherwise
94% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,381 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€54,300€56,182▲
Fixed assets21/28€46,285€2,686▼
Tangible fixed assets22/27€46,285€2,686▼
Plant, machinery and equipment23€2,937€2,686▼
Furniture and vehicles24€43,348-
Current assets29/58€8,015€53,496▲
Amounts receivable within one year40/41€7,718€52,808▲
Trade receivables40€1,715€49,059▲
Other amounts receivable41€6,003€3,749▼
Cash at bank and in hand54/58€297€132▼
Deferred charges and accrued income490/1-€556
Equity and liabilities
Total equity and liabilities10/49€54,300€56,182▲
Equity10/15-€18,402-€17,351▲
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€37,002-€35,951▲
Amounts payable17/49€72,703€73,533▲
Amounts payable after more than one year17€69,362€64,448▼
Other amounts payable178/9€69,362€64,448▼
Amounts payable within one year42/48€3,329€9,073▲
Trade debts44€1,813€1,502▼
Suppliers440/4€1,813€1,502▼
Taxes, remuneration and social security45€1,515€7,571▲
Taxes450/3€1,515€7,571▲
Accrued charges and deferred income492/3€12€12=
Income statement Code20242025
Non-recurring operating income76A€207€13,474▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,469€1,243▼
Other operating charges640/8€1,798€1,424▼
Non-recurring operating charges66A-€333
Gross operating margin9900-€6,005€5,113▲
Operating profit (loss)9901-€10,272€2,112▲
Financial income75/76B€0€40▲
Recurring financial income75€0€40▲
Financial charges65/66B€177€438▲
Recurring financial charges65€177€438▲
Profit (loss) for the period before taxes9903-€10,449€1,715▲
Income taxes67/77€770€663▼
Profit (loss) for the period9904-€11,219€1,051▲
Profit (loss) for the period to be appropriated9905-€11,219€1,051▲
Appropriation of the result
Profit (loss) to be appropriated9906-€37,002-€35,951▲
Profit (loss) brought forward from the previous period14P-€25,783-€37,002▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€53,273--€207€13,474▲ 6,422%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,513€13,648€12,278€2,469€1,243▼ 49.7%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€239-€244-€650---
Other operating charges640/8€1,569€1,701€2,436€1,798€1,424▼ 20.8%
Non-recurring operating charges66A€250---€333-
Gross operating margin9900€65,037€9,658-€477-€6,005€5,113▲ 185%
Operating profit (loss)9901€33,944-€5,447-€14,541-€10,272€2,112▲ 121%
Financial income75/76B-€1-€0€40▲ 18,286%
Recurring financial income75-€1-€0€40▲ 18,286%
Financial charges65/66B€464€330€242€177€438▲ 147%
Recurring financial charges65€464€330€242€177€438▲ 147%
Profit (loss) for the period before taxes9903€33,480-€5,776-€14,782-€10,449€1,715▲ 116%
Income taxes67/77€10,155€1,598€745€770€663▼ 13.9%
Profit (loss) for the period9904€23,326-€7,374-€15,527-€11,219€1,051▲ 109%
Profit (loss) for the period to be appropriated9905€23,326-€7,374-€15,527-€11,219€1,051▲ 109%
Line20212022202320242025Change
Assets
Total assets20/58€140,090€68,861€60,299€54,300€56,182▲ 3.5%
Fixed assets21/28€71,011€57,362€48,754€46,285€2,686▼ 94.2%
Tangible fixed assets22/27€71,011€57,362€48,754€46,285€2,686▼ 94.2%
Plant, machinery and equipment23€25,149€14,014€5,406€2,937€2,686▼ 8.6%
Furniture and vehicles24€10,528€8,015€43,348€43,348--
Leasing and similar rights25€35,333€35,333----
Current assets29/58€69,080€11,498€11,545€8,015€53,496▲ 567%
Amounts receivable within one year40/41€3,984€9,433€9,913€7,718€52,808▲ 584%
Trade receivables40€3,984€3,933€808€1,715€49,059▲ 2,760%
Other amounts receivable41-€5,500€9,106€6,003€3,749▼ 37.6%
Cash at bank and in hand54/58€65,096€2,065€1,247€297€132▼ 55.6%
Deferred charges and accrued income490/1--€384-€556-
Equity and liabilities
Total equity and liabilities10/49€140,090€68,861€60,299€54,300€56,182▲ 3.5%
Equity10/15€15,718€8,344-€7,183-€18,402-€17,351▲ 5.7%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€2,882-€10,256-€25,783-€37,002-€35,951▲ 2.8%
Amounts payable17/49€124,372€60,517€67,482€72,703€73,533▲ 1.1%
Amounts payable after more than one year17€105,445€40,571€63,697€69,362€64,448▼ 7.1%
Financial debts170/4€7,134-----
Other amounts payable178/9€98,311€40,571€63,697€69,362€64,448▼ 7.1%
Amounts payable within one year42/48€18,927€19,946€3,774€3,329€9,073▲ 173%
Current portion of amounts payable after more than one year42€7,608€7,134----
Trade debts44€1,068€968€2,323€1,813€1,502▼ 17.2%
Suppliers440/4€1,068€968€2,323€1,813€1,502▼ 17.2%
Taxes, remuneration and social security45€10,251€11,844€1,451€1,515€7,571▲ 400%
Taxes450/3€10,251€11,844€1,451€1,515€7,571▲ 400%
Accrued charges and deferred income492/3--€12€12€12=
Line20212022202320242025Change
Profit (loss) for the period9904€23,326-€7,374-€15,527-€11,219€1,051▲ 109%
+ Depreciation and write-downs630€29,513€13,648€12,278€2,469€1,243▼ 49.7%
Operating cash flow (approximation)€52,839€6,274-€3,249-€8,750€2,295▲ 126%
Investment in fixed assets (approximation)-€0-€3,670€0€42,356-
Change in cash--€63,030-€819-€949-€165▲ 82.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
24-08
State Gazette act Resignation: KONINGS Bart Michel Marcel (manager)
Appointment: KONINGS Bart Michel Marcel (non-statutory director) · Capital conversion · Reserve release11 facts ▸
  • General meeting, 13-08-2026
  • Other statement, aanpassing statuten en behoud rechtsvorm, statuten aanpassen aan Wetboek van vennootschappen en verenigingen en rechtsvorm besloten vennootschap (BV) behouden
  • Capital conversion, statutair onbeschikbare eigen vermogensrekening
  • Reserve release, statutair onbeschikbare eigen vermogensrekening aangelegd bij toepassing artikel 39,§2,tweede lid wet van 2019-03-23, opheffen
  • Registered-office move, Abelenlaan 11,3550 Heusden-Zolder
  • Statutes amendment
  • Director resignation, KONINGS Bart Michel Marcel (manager)
  • Director appointment, KONINGS Bart Michel Marcel (non-statutory director)
  • Director discharge, KONINGS Bart Michel Marcel (manager)
  • Power of attorney
  • Other statement, ontledend uittreksel afgeleverd voor bekendmaking, VOOR ONTLEDEND UITTREKSEL afgeleverd om in Bijlage tot Belgisch Staatsblad te worden bekendgemaakt
2025
31-12
Financial Back to profitnet €1,051
Net result €1,051 after 3 loss-making years.
31-12
Financial Liquidity doublescurrent ratio 5.90
Current ratio from 2.41 to 5.90.
25-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial Weakest financial yearnet -€15,527
Net result drops to -€15,527, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity times 5current ratio 3.06
Current ratio from 0.58 to 3.06; short-term debt falls from €19,946 to €3,774.
26-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
31-12
Financial Back to profitnet €23,326
Net result €23,326 after one loss-making year.
31-12
Financial Liquidity times 8current ratio 3.65
Current ratio from 0.45 to 3.65.
Show earlier events
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
26-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
26-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 director, last change in 2026
KONINGS Bart Michel Marcel
Non-statutory director · since 24-08-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Heusden-Zolder · 1 establishment unit since 2009
seat establishment The establishment unit on the map
Ground area
4,405 m²
Building footprint
76 m²
Volume, LiDAR
320 m³
2 parcels, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
B-K-C
Katschotseweg 21, 3520 ZonhovenFinancial service activities, except insurance and pension funding
since 20092.175.763.349
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71442C0784/00K000 Flanders 2,906 m² - -
71462C0067/00B025 Flanders 1,499 m² 1 · 76 m² 6.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Mandate history

1 person since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
KONINGS Bart Michel Marcel
  • Manager, until 24-08-2026
  • Non-statutory director, from 24-08-2026 to date
See the board, name and seat on a given date →

Articles of association

Transfer restriction
8, na aftrek van rechten waarvan overdracht wordt voorgesteld

Structure & network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Capital and shareholders

Capital over the years
  1. 24-08-2026 Converted to unavailable equity

Similar companies · same sector, comparable size

Of 13,417 companies in sector 73300 we hold annual accounts for 6,906. 3,406 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded22-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
64210Activities of holding companies
70200Business and other management consultancy
Contact
Phone 0473/775866Zonhoven
E-invoicing
Reachable via Peppol
Peppol ID 0208:0809287826
Also 9925:BE0809287826
Registered 11-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.