K&B CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of K&B CONSTRUCT is 3.3% (moderate). The 2025 annual accounts show equity of €67,933 and a net result of €17,140. Equity is growing by ~15.8% per year across the filed fiscal years. Its solvency ranks better than 58% of 7625 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+9
Solvency77▲+9
Growth52=
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 1.83 against 1.43 in 2024; short-term debt: 48.3% and cash: 5.7% of total assets), and 48.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
51.7%
Return on assets
13%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 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 · 6 filingsDeviation from the deadline
2025
2 d late
2024
17 d late
2023
on the day
2022
on the day
2021
on the day
2020
16 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 6 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€67,933▲ 33.7%
2024 · €50,793
Total assets
€131,419▲ 11.4%
2024 · €118,020
Net result
€17,140▲ 161%
2024 · €6,580
Working capital
€52,770▲ 83.4%
2024 · €28,771
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€25,548▼ 15.7%€202▼ 99.2%€7,180▲ 3,449%€10,378▲ 44.5%€28,507▲ 175%
Net result€15,973within the sector's middle half▼ 26.9%-€467below the sector's middle half€4,464within the sector's middle half€6,580within the sector's middle half▲ 47.4%€17,140within the sector's middle half▲ 161%
Equity€40,216within the sector's middle half▲ 65.9%€39,750within the sector's middle half▼ 1.2%€44,214within the sector's middle half▲ 11.2%€50,793within the sector's middle half▲ 14.9%€67,933within the sector's middle half▲ 33.7%
Total assets€85,864within the sector's middle half▼ 33.6%€80,430within the sector's middle half▼ 6.3%€101,359within the sector's middle half▲ 26.0%€118,020within the sector's middle half▲ 16.4%€131,419within the sector's middle half▲ 11.4%
Debt€45,648▼ 56.6%€40,681▼ 10.9%€57,145▲ 40.5%€67,227▲ 17.6%€63,485▼ 5.6%
Working capital€32,720within the sector's middle half▲ 35.0%€39,750within the sector's middle half▲ 21.5%€29,416within the sector's middle half▼ 26.0%€28,771within the sector's middle half▼ 2.2%€52,770within the sector's middle half▲ 83.4%
Solvency46.8%within the sector's middle half▲ 28.1pp49.4%within the sector's middle half▲ 2.6pp43.6%within the sector's middle half▼ 5.8pp43.0%within the sector's middle half▼ 0.6pp51.7%within the sector's middle half▲ 8.7pp
Current ratio1.72within the sector's middle half▲ 0.491.98within the sector's middle half▲ 0.261.52within the sector's middle half▼ 0.461.43within the sector's middle half▼ 0.091.83within the sector's middle half▲ 0.40
Return on assets (ROA)18.6%above the sector's middle half▲ 1.7pp-0.6%below the sector's middle half▼ 19.2pp4.4%within the sector's middle half▲ 5.0pp5.6%within the sector's middle half▲ 1.2pp13.0%within the sector's middle half▲ 7.5pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, 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
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 175% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €131,419
Fixed assets
€15,163 ▼ 32.5%
Current assets
€116,255 ▲ 21.7%
Equity and liabilities €131,419
Equity
€67,933 ▲ 33.7%
Debt
€63,485 ▼ 5.6%
Debt's share of the balance-sheet total falls from 57.0% to 48.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€40,806▲
2024 · €19,335
Cash flow
€29,439▲
2024 · €15,537
Debt to equity
0.93▼
2024 · 1.32
ROE
25.2%▲
2024 · 13.0%
Interest coverage
35.94▼
2024 · 42.41
Debt ≤ 1 year
€63,485▼
2024 · €66,787
Income taxes
€10,232▲
2024 · €3,372
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 26,975 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €148 | - | €2,464 | €8,957 | €12,299 | ▲ 37.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €1,358 | - | - | - |
| Other operating charges640/8 | - | €1,174 | €1,005 | €2,676 | €3,138 | ▲ 17.3% |
| Non-recurring operating charges66A | - | - | €650 | - | - | - |
| Gross operating margin9900 | €26,599 | €1,377 | €12,658 | €22,011 | €43,944 | ▲ 99.6% |
| Operating profit (loss)9901 | €25,548 | €202 | €7,180 | €10,378 | €28,507 | ▲ 175% |
| Financial income75/76B | - | €49 | €55 | €29 | - | - |
| Recurring financial income75 | €93 | €49 | €55 | €29 | - | - |
| Financial charges65/66B | - | €216 | €760 | €456 | €1,135 | ▲ 149% |
| Recurring financial charges65 | €3,487 | €216 | €760 | €456 | €1,135 | ▲ 149% |
| Profit (loss) for the period before taxes9903 | €22,154 | €35 | €6,475 | €9,952 | €27,371 | ▲ 175% |
| Income taxes67/77 | €6,181 | €502 | €2,011 | €3,372 | €10,232 | ▲ 203% |
| Profit (loss) for the period9904 | €15,973 | -€467 | €4,464 | €6,580 | €17,140 | ▲ 161% |
| Profit (loss) for the period to be appropriated9905 | €15,973 | -€467 | €4,464 | €6,580 | €17,140 | ▲ 161% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €85,864 | €80,430 | €101,359 | €118,020 | €131,419 | ▲ 11.4% |
| Fixed assets21/28 | €7,587 | - | €14,924 | €22,462 | €15,163 | ▼ 32.5% |
| Tangible fixed assets22/27 | €7,587 | - | €14,924 | €21,904 | €14,605 | ▼ 33.3% |
| Plant, machinery and equipment23 | - | - | - | - | €3,808 | - |
| Furniture and vehicles24 | - | - | €14,924 | €21,904 | €10,797 | ▼ 50.7% |
| Financial fixed assets28 | - | - | - | €559 | €559 | = |
| Current assets29/58 | €78,278 | €80,430 | €86,435 | €95,558 | €116,255 | ▲ 21.7% |
| Amounts receivable within one year40/41 | €43,927 | €58,420 | €81,758 | €67,665 | €108,075 | ▲ 59.7% |
| Trade receivables40 | - | €45,505 | €63,869 | €48,205 | €87,352 | ▲ 81.2% |
| Other amounts receivable41 | - | €12,915 | €17,890 | €19,459 | €20,723 | ▲ 6.5% |
| Cash at bank and in hand54/58 | €34,157 | €21,559 | €3,517 | €27,020 | €7,497 | ▼ 72.3% |
| Deferred charges and accrued income490/1 | - | €451 | €1,159 | €873 | €684 | ▼ 21.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €85,864 | €80,430 | €101,359 | €118,020 | €131,419 | ▲ 11.4% |
| Equity10/15 | €40,216 | €39,750 | €44,214 | €50,793 | €67,933 | ▲ 33.7% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Outside capital11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Share premium1100/10 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €30,000 | €30,000 | €34,000 | €40,500 | €57,500 | ▲ 42.0% |
| Distributable reserves133 | - | €30,000 | €34,000 | €40,500 | €57,500 | ▲ 42.0% |
| Profit (loss) carried forward14 | €216 | -€250 | €214 | €293 | €433 | ▲ 47.6% |
| Amounts payable17/49 | €45,648 | €40,681 | €57,145 | €67,227 | €63,485 | ▼ 5.6% |
| Amounts payable within one year42/48 | €45,558 | €40,681 | €57,019 | €66,787 | €63,485 | ▼ 4.9% |
| Trade debts44 | €24,862 | €26,516 | €35,977 | €30,234 | €42,566 | ▲ 40.8% |
| Suppliers440/4 | - | €26,516 | €35,977 | €30,234 | €42,566 | ▲ 40.8% |
| Taxes, remuneration and social security45 | - | €12,664 | €17,570 | €21,781 | €20,854 | ▼ 4.3% |
| Taxes450/3 | - | €4,411 | €2,720 | €4,755 | €12,611 | ▲ 165% |
| Remuneration and social security454/9 | - | €8,253 | €14,849 | €17,026 | €8,242 | ▼ 51.6% |
| Other amounts payable47/48 | - | €1,500 | €3,472 | €14,771 | €66 | ▼ 99.6% |
| Accrued charges and deferred income492/3 | - | - | €126 | €440 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,973 | -€467 | €4,464 | €6,580 | €17,140 | ▲ 161% |
| + Depreciation and write-downs630 | €148 | - | €2,464 | €8,957 | €12,299 | ▲ 37.3% |
| Operating cash flow (approximation) | €16,121 | -€467 | €6,928 | €15,537 | €29,439 | ▲ 89.5% |
| Investment in fixed assets (approximation) | - | - | - | -€16,495 | -€5,000 | ▲ 69.7% |
| Change in cash | - | -€12,598 | -€18,042 | €23,502 | -€19,523 | ▼ 183% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
17-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 17 days late
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €4,464
Net result €4,464 after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet -€467
Net result drops to -€467, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company in the Gazette acts read. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2019
Ground area
801 m²
Building footprint
441 m²
Volume, LiDAR
8,413 m³
Parcel 21562A0329/00R012, Brussels · tallest building 22.6 m, ±6 floors. Linked by address, not a title deed.
176
companies at this address
See who is registered here
1 establishment unit
K&B CONSTRUCT
since 20192.295.675.244
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0329/00R012 | Brussels | 801 m² | 1 · 441 m² | 22.6 m · 6 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.
Similar companies · same sector, comparable size
Built to Build
BE 0790.217.626
Bilzen-Hoeselt · Eq €67,938
Deboma
BE 0880.788.308
Oostende · Eq €67,915
HOME CONSTRUCT
BE 0419.685.148
Pajottegem · Eq €67,910
URBAINE CONSTRUCT SOLUTIONS
BE 0831.290.295
Brussel · Eq €67,894
UNITY BOUW
BE 0784.436.624
Antwerpen · Eq €67,893
Of 29,766 companies in this sector we hold annual accounts for 16,066. 13,247 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded07-11-2019
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0737525741
Registered
16-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.