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K

Active
Private limited companyfounded 199827 yrs activeKerkstraat 95, 1082 Sint-Agatha-Berchem, BelgiumKBO/BCE: BE 0464.874.181
Summary

K has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €9,528 and a net result of €42,560. Equity is growing by ~30.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2026
Axes · tick = 2025
Profitability88▲+16
Solvency29▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 2.63 against 2.04 in 2025; short-term debt: 11.4% and cash: 24.5% of total assets), but 96.5% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 27 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026
Solvency, return and age of the figures
Solvency
3.5%
Return on assets
15.7%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 10-08-2026, 82 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
82 d early
2025
20 d late
2024
2 d early
2023
69 d early
2022
35 d early
2021
11 d early
2020
40 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 31 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-03-2027 close31-10-2027 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

K was incorporated on 18 December 1998.1 Total assets rose from EUR 114,525 in 2019 to EUR 271,484 in 2026.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2026

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Financials · fiscal year 2026, micro schema

Equity
€9,528
2025 · -€13,031
Total assets
€271,484▲ 13.2%
2025 · €239,725
Net result
€42,560▲ 499%
2025 · €7,100
Working capital
€50,655▲ 297%
2025 · €12,756
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20222023202420252026
Operating result€15,928▼ 14.9%€22,987▲ 44.3%€26,380▲ 14.8%€10,931▼ 58.6%€50,693▲ 364%
Net result€13,303▼ 14.6%€21,070▲ 58.4%€23,971▲ 13.8%€7,100▼ 70.4%€42,560▲ 499%
Equity-€65,173▲ 17.0%-€44,103▲ 32.3%-€20,132▲ 54.4%-€13,031▲ 35.3%€9,528
Total assets€41,852▼ 31.8%€30,404▼ 27.4%€264,357▲ 769%€239,725▼ 9.3%€271,484▲ 13.2%
Debt€107,025▼ 23.4%€74,507▼ 30.4%€284,489▲ 282%€252,756▼ 11.2%€261,956▲ 3.6%
Working capital-€27,600▲ 17.5%-€13,179▲ 52.2%-€12,788▲ 3.0%€12,756€50,655▲ 297%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000Operating result 2022: €15,928€15,928Net result 2022: €13,303€13,303Operating result 2023: €22,987€22,987Net result 2023: €21,070€21,070Operating result 2024: €26,380€26,380Net result 2024: €23,971€23,971Operating result 2025: €10,931€10,931Net result 2025: €7,100€7,100Operating result 2026: €50,693€50,693Net result 2026: €42,560€42,56020222023202420252026€0€20,000€40,000€60,000Operating result 2024: €26,380€26,400Net result 2024: €23,971€24,000Operating result 2025: €10,931€10,900Net result 2025: €7,100€7,100Operating result 2026: €50,693€50,700Net result 2026: €42,560€42,600202420252026
The operating result recovers in 2026; 2026 is 364% above 2025 and is the highest result in the available series.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €271,484
Fixed assets €189,823 ▼ 11.6%
Current assets €81,661 ▲ 226%
Equity and liabilities €271,484
Equity €9,528
Debt €261,956
Debt finances 96.5% of the balance-sheet total.
Key figures and ratios
2026 value · change against 2025
EBITDA
€75,582▲
2025 · €35,664
Cash flow
€67,449▲
2025 · €31,834
Current ratio
2.63▲
2025 · 2.04
Debt to equity
27.49▲
2025 · -19.40
ROE
446.7%
ROA
15.7%▲
2025 · 3.0%
Interest coverage
123.18▲
2025 · 17.37
Debt ≤ 1 year
€31,006▲
2025 · €12,256
Debt > 1 year
€230,000▼
2025 · €240,000
Income taxes
€7,520▲
2025 · €1,812
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 928 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency under 10%
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
4.5% stopped otherwise
93% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% 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 497,662 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% 1.7%
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 75% 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 928 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 · 2026 against 2025 · 41 lines
Balance sheet Code20252026
Assets
Total assets20/58€239,725€271,484▲
Fixed assets21/28€214,712€189,823▼
Tangible fixed assets22/27€214,712€189,823▼
Land and buildings22€212,991€188,291▼
Plant, machinery and equipment23€1,721€1,533▼
Current assets29/58€25,012€81,661▲
Amounts receivable within one year40/41-€11,980
Other amounts receivable41-€11,980
Cash at bank and in hand54/58€24,386€66,555▲
Deferred charges and accrued income490/1€626€3,126▲
Equity and liabilities
Total equity and liabilities10/49€239,725€271,484▲
Equity10/15-€13,031€9,528▲
Contributions10/11€6,197€6,197=
Profit (loss) carried forward14-€19,229€3,331▲
Amounts payable17/49€252,756€261,956▲
Amounts payable after more than one year17€240,000€230,000▼
Financial debts170/4€240,000€230,000▼
Amounts payable within one year42/48€12,256€31,006▲
Trade debts44€1,281€343▼
Suppliers440/4€1,281€343▼
Taxes, remuneration and social security45€312-
Taxes450/3€312-
Other amounts payable47/48€10,663€30,663▲
Accrued charges and deferred income492/3€500€950▲
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,733€24,889▲
Other operating charges640/8€3,155€3,634▲
Gross operating margin9900€38,819€79,216▲
Operating profit (loss)9901€10,931€50,693▲
Financial income75/76B€35-
Recurring financial income75€35-
Financial charges65/66B€2,054€614▼
Recurring financial charges65€2,054€614▼
Profit (loss) for the period before taxes9903€8,912€50,079▲
Income taxes67/77€1,812€7,520▲
Profit (loss) for the period9904€7,100€42,560▲
Profit (loss) for the period to be appropriated9905€7,100€42,560▲
Appropriation of the result
Profit (loss) to be appropriated9906-€21,088€23,331▲
Profit (loss) brought forward from the previous period14P-€28,188-€19,229▲
Transfer from equity791/2€1,859-
Profit to be distributed694/7-€20,000
Directors or managers695-€20,000

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,048€25,048€8,787€24,733€24,889▲ 0.6%
Other operating charges640/8€5,380€2,766€33,032€3,155€3,634▲ 15.2%
Gross operating margin9900€46,356€50,801€68,199€38,819€79,216▲ 104%
Operating profit (loss)9901€15,928€22,987€26,380€10,931€50,693▲ 364%
Financial income75/76B--€0€35--
Recurring financial income75--€0€35--
Financial charges65/66B€2,624€1,917€2,409€2,054€614▼ 70.1%
Recurring financial charges65€2,624€1,917€2,409€2,054€614▼ 70.1%
Profit (loss) for the period before taxes9903€13,303€21,070€23,971€8,912€50,079▲ 462%
Income taxes67/77---€1,812€7,520▲ 315%
Profit (loss) for the period9904€13,303€21,070€23,971€7,100€42,560▲ 499%
Profit (loss) for the period to be appropriated9905€13,303€21,070€23,971€7,100€42,560▲ 499%
Line20222023202420252026Change
Assets
Total assets20/58€41,852€30,404€264,357€239,725€271,484▲ 13.2%
Fixed assets21/28€26,491€1,443€232,656€214,712€189,823▼ 11.6%
Tangible fixed assets22/27€26,491€1,443€232,656€214,712€189,823▼ 11.6%
Land and buildings22€26,491€1,443€232,656€212,991€188,291▼ 11.6%
Plant, machinery and equipment23---€1,721€1,533▼ 10.9%
Current assets29/58€15,362€28,961€31,701€25,012€81,661▲ 226%
Amounts receivable within one year40/41----€11,980-
Other amounts receivable41----€11,980-
Cash at bank and in hand54/58€15,362€28,961€31,701€24,386€66,555▲ 173%
Deferred charges and accrued income490/1---€626€3,126▲ 400%
Equity and liabilities
Total equity and liabilities10/49€41,852€30,404€264,357€239,725€271,484▲ 13.2%
Equity10/15-€65,173-€44,103-€20,132-€13,031€9,528▲ 173%
Contributions10/11€6,197€6,197€6,197€6,197€6,197=
Revaluation surpluses12€11,111-----
Reserves13€190,748€1,859€1,859---
Non-distributable reserves130/1€1,859€1,859€1,859---
Reserves not available under the articles1311€1,859€1,859€1,859---
Distributable reserves133€188,889-----
Profit (loss) carried forward14-€273,230-€52,160-€28,188-€19,229€3,331▲ 117%
Amounts payable17/49€107,025€74,507€284,489€252,756€261,956▲ 3.6%
Amounts payable after more than one year17€64,041€32,367€240,000€240,000€230,000▼ 4.2%
Financial debts170/4€64,041€32,367€240,000€240,000€230,000▼ 4.2%
Amounts payable within one year42/48€42,962€42,140€44,489€12,256€31,006▲ 153%
Current portion of amounts payable after more than one year42€30,996€31,674€32,792---
Trade debts44--€1,230€1,281€343▼ 73.2%
Suppliers440/4--€1,230€1,281€343▼ 73.2%
Taxes, remuneration and social security45---€312--
Taxes450/3---€312--
Other amounts payable47/48€11,966€10,466€10,466€10,663€30,663▲ 188%
Accrued charges and deferred income492/3€22--€500€950▲ 90.0%
Line20222023202420252026Change
Profit (loss) for the period9904€13,303€21,070€23,971€7,100€42,560▲ 499%
+ Depreciation and write-downs630€25,048€25,048€8,787€24,733€24,889▲ 0.6%
Operating cash flow (approximation)€38,351€46,118€32,758€31,834€67,449▲ 112%
Investment in fixed assets (approximation)-€0-€240,000-€6,790€0▲ 100%
Change in cash-€13,599€2,740-€7,315€42,169▲ 676%

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 2027, expected by 31-10-2027
2026
10-08
NBB filing Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial Highest result since 2019net €42,560 ▲499%
Operating result €50,693, net result €42,560, both a record.
2025
20-11
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
31-03
Financial Liquidity triplescurrent ratio 2.04
Current ratio from 0.71 to 2.04; short-term debt falls from €44,489 to €12,256.
2024
29-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
23-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
26-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2021
20-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
21-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
13-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
29-09
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It 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 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, Sint-Agatha-Berchem · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
211 m²
Building footprint
228 m²
Volume, LiDAR
2,062 m³
Parcel 21003A0143/00M000, Brussels · tallest building 14.1 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
Kerkstraat 95, 1082 Sint-Agatha-Berchem
Renting and operating of own or leased non-residential real estate, excluding land
since 19992.090.084.635
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21003A0143/00M000 Brussels 211 m² 1 · 228 m² 14.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. JESCA 99.87%
  2. K

Highest known parent: JESCA. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded18-12-1998
Fiscal year end31-03
E-invoicing
Reachable via Peppol
Peppol ID 0208:0464874181
Also 9925:BE0464874181
Registered 15-07-2025

Register as of 28 September 2026 · Peppol Directory

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