K + D
ActiveSummary
K + D has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €484k and a net result of €371k. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 27% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability95▲+24
Solvency52▼-48
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.2 against 59.8 in 2024; short-term debt: 69.6% and cash: 82.2% of total assets), and 72.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
27.4%
Return on assets
21%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
31 d early
2022
46 d early
2021
28 d late
2020
3 d early
2019
25 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€484k▼ 79.0%
2024 · €2.30M
Total assets
€1.77M▼ 26.7%
2024 · €2.41M
Net result
€371k▲ 732%
2024 · €45k
Working capital
€245k▼ 87.4%
2024 · €1.95M
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
Line20212022202320242025
Operating result€-9k€-6k▲ 30.4%€-5k▲ 23.4%€10k€507k▲ 4,891%
Net result€608▼ 96.3%€376▼ 38.1%€2k▲ 518%€45k▲ 1,817%€371k▲ 732%
Equity€2.48M=€2.48M=€2.49M▲ 0.1%€2.30M▼ 7.5%€484k▼ 79.0%
Total assets€2.58M▲ 3.2%€2.56M▼ 1.0%€2.62M▲ 2.4%€2.41M▼ 7.9%€1.77M▼ 26.7%
Debt€100k▲ 417%€75k▼ 25.5%€134k▲ 79.6%€111k▼ 17.2%€1.29M▲ 1,059%
Working capital€2.22M▼ 0.1%€2.23M▲ 0.4%€2.13M▼ 4.4%€1.95M▼ 8.5%€245k▼ 87.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 4,891% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.77M
Fixed assets
€294k ▼ 32.0%
Current assets
€1.48M ▼ 25.5%
Equity and liabilities €1.77M
Equity
€484k ▼ 79.0%
Debt
€1.29M ▲ 1,059%
Debt's share of the balance-sheet total rises from 4.6% to 72.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€545k▲
2024 · €62k
Cash flow
€409k▲
2024 · €96k
Current ratio
1.20▼
2024 · 59.80
Debt to equity
2.65▲
2024 · 0.05
ROE
76.6%▲
2024 · 1.9%
ROA
21.0%▲
2024 · 1.8%
Interest coverage
250.37▲
2024 · 23.70
Debt ≤ 1 year
€1.23M▲
2024 · €33k
Debt > 1 year
€53k▼
2024 · €78k
Income taxes
€173k▲
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €14k | - |
| Remuneration, social security and pensions62 | - | €239 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39k | €41k | €49k | €52k | €37k | ▼ 27.4% |
| Other operating charges640/8 | - | €7k | €6k | €7k | €9k | ▲ 35.5% |
| Gross operating margin9900 | €37k | €42k | €50k | €68k | €554k | ▲ 709% |
| Operating profit (loss)9901 | €-9k | €-6k | €-5k | €10k | €507k | ▲ 4,891% |
| Financial income75/76B | - | €9k | €9k | €47k | €39k | ▼ 16.7% |
| Recurring financial income75 | €10k | €9k | €9k | €47k | €39k | ▼ 16.7% |
| Financial charges65/66B | - | €3k | €2k | €3k | €2k | ▼ 16.5% |
| Recurring financial charges65 | €623 | €3k | €2k | €3k | €2k | ▼ 16.5% |
| Profit (loss) for the period before taxes9903 | €1k | €895 | €2k | €55k | €544k | ▲ 891% |
| Income taxes67/77 | €662 | €519 | - | €10k | €173k | ▲ 1,580% |
| Profit (loss) for the period9904 | €608 | €376 | €2k | €45k | €371k | ▲ 732% |
| Profit (loss) for the period to be appropriated9905 | €608 | €376 | €2k | €45k | €371k | ▲ 732% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.58M | €2.56M | €2.62M | €2.41M | €1.77M | ▼ 26.7% |
| Fixed assets21/28 | €344k | €313k | €462k | €432k | €294k | ▼ 32.0% |
| Tangible fixed assets22/27 | €344k | €313k | €462k | €432k | €294k | ▼ 32.0% |
| Land and buildings22 | - | €310k | €461k | €432k | €294k | ▼ 32.0% |
| Furniture and vehicles24 | - | €2k | €534 | €215 | €27 | ▼ 87.6% |
| Current assets29/58 | €2.24M | €2.25M | €2.16M | €1.98M | €1.48M | ▼ 25.5% |
| Amounts receivable after more than one year29 | - | €444k | €428k | €411k | - | - |
| Other amounts receivable291 | - | €444k | €428k | €411k | - | - |
| Stocks and contracts in progress3 | - | €3k | - | - | - | - |
| Stocks30/36 | - | €3k | - | - | - | - |
| Amounts receivable within one year40/41 | €41k | €28k | €40k | €42k | €14k | ▼ 67.4% |
| Trade receivables40 | - | €12k | €3k | €406 | €9k | ▲ 2,086% |
| Other amounts receivable41 | - | €16k | €37k | €41k | €5k | ▼ 88.4% |
| Cash at bank and in hand54/58 | €1.73M | €1.77M | €1.69M | €1.53M | €1.46M | ▼ 4.7% |
| Deferred charges and accrued income490/1 | - | €4k | - | - | €6k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.58M | €2.56M | €2.62M | €2.41M | €1.77M | ▼ 26.7% |
| Equity10/15 | €2.48M | €2.48M | €2.49M | €2.30M | €484k | ▼ 79.0% |
| Contributions10/11 | - | €2.09M | €2.09M | €1.86M | €19k | ▼ 99.0% |
| Reserves13 | €82k | €82k | €82k | €443k | €466k | ▲ 5.1% |
| Non-distributable reserves130/1 | - | €5k | €5k | €5k | €5k | = |
| Reserves not available under the articles1311 | - | €5k | €5k | €5k | €5k | = |
| Tax-exempt reserves132 | - | €19k | €19k | €19k | €19k | = |
| Distributable reserves133 | - | €58k | €58k | €419k | €442k | ▲ 5.4% |
| Profit (loss) carried forward14 | €313k | €314k | €316k | - | - | - |
| Amounts payable17/49 | €100k | €75k | €134k | €111k | €1.29M | ▲ 1,059% |
| Amounts payable after more than one year17 | €63k | €49k | €102k | €78k | €53k | ▼ 31.9% |
| Financial debts170/4 | - | €49k | €102k | €78k | €53k | ▼ 31.9% |
| Amounts payable within one year42/48 | €25k | €22k | €32k | €33k | €1.23M | ▲ 3,617% |
| Current portion of amounts payable after more than one year42 | - | €15k | €23k | €25k | €26k | ▲ 1.5% |
| Trade debts44 | €4k | €2k | €7k | €3k | €4k | ▲ 35.4% |
| Suppliers440/4 | - | €2k | €7k | €3k | €4k | ▲ 35.4% |
| Taxes, remuneration and social security45 | - | €953 | €12 | €12 | €49k | ▲ 411,136% |
| Taxes450/3 | - | €953 | €12 | €12 | €49k | ▲ 411,136% |
| Other amounts payable47/48 | - | €4k | €1k | €5k | €1.15M | ▲ 23,639% |
| Accrued charges and deferred income492/3 | - | €4k | - | - | €2k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €608 | €376 | €2k | €45k | €371k | ▲ 732% |
| + Depreciation and write-downs630 | €39k | €41k | €49k | €52k | €37k | ▼ 27.4% |
| Operating cash flow (approximation) | €40k | €41k | €51k | €96k | €409k | ▲ 325% |
| Investment in fixed assets (approximation) | - | €-10k | €-198k | €-22k | €101k | ▲ 558% |
| Change in cash | - | €34k | €-77k | €-164k | €-72k | ▲ 55.7% |
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €371k ▲732%
Operating result €507k, net result €371k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
16-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Weakest financial yearnet €376 ▼38.1%
Net result drops to €376, the lowest in the series; recovery starts the following year.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
09-01
NBB filing
Annual accounts filed
fiscal year 2017 · full 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 5 acts read
About the unread acts
We know of 5 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
5 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, Esneux
Ground area
3,336 m²
Building footprint
115 m²
Volume, LiDAR
1,476 m³
Parcel 62101D0469/00R007, Wallonia · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62101D0469/00R007 | Wallonia | 3,336 m² | 1 · 115 m² | 14.8 m · 4 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
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Vinson Business & Building Solutions
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Of 11,571 companies in sector 71121 we hold annual accounts for 6,561. 4,454 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
Founded01-04-1984
Fiscal year end30-06
Trade name FR
Soc. Interprof. d'Architectes
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
71111Activities of building architects
Scores and ratios are computed by Checked and are not a credit decision.