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K. DE KONINCK

Active
Private limited companyfounded 2018active for 8 yearsWerkhuizenkaai 160, 1000 Brussel, BelgiumKBO/BCE: BE 0696.735.657
Summary

The computed 12-month bankruptcy probability of K. DE KONINCK is at least 25% (high). The 2024 annual accounts show equity of €23,178 and a net result of €42,588. Equity has been shrinking by about 15% per year since 2019. If that trend continues, it turns negative around financial year 2025. Its solvency ranks better than 14% of 2,073 sector peers (NACE 41, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Overview

Official details

Source: KBO
Status
Active since 24-05-2018 Normal situation
Registered office
43 active companies are registered at this address 13 started in the 12 months before. Source: KBO register, as of 1 November 2026.
Activity
General construction of residential buildings NACE 41001and 3 others
Establishment unit
2.276.270.690 1000 Brussel, since 24-05-2018
Financial year end
31 December
Peppol
Reachable since 07-05-2026

Board and ownership

Financial position

13 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
≥ 25%
Annual accounts 2024
Gross margin
€845,617
▲ 145×
Turnover
≈ €1.8m
estimated
Profit
€42,588
Equity
€23,178
Total assets
€363,960
▲ 54×
Employees on 31-12-2024
42
▲ 21×
  • 2025 accounts not filed, 94 days past the deadline
Staff (FTE) +972%: other schema
Filed on 04-11-2025
Score breakdownraises risk3 changes of registered office in 24 monthsFigures for financial year 2024 (filed on 06-11-2025)Ex-officio strike-off in the KBO1 financial year not filed after the legal deadline; last filed accounts filed 96 days late; 1 of the last 3 accounts lateShow the evidence

Checked score

Score 2024
13 / 100
Critical
Probability in this band: over 15.0%
Financially stronger than 51% of small companies in construction of buildings (NACE 41)
Financial strength · tick: 2023
Weak
Solvency 31+31
equity 6.4% of total assets
Liquidity 2-48
short-term debt 93.6% · cash 1.2%
Profitability 83+83
return on assets 11.7%
Bankruptcy probability within 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (912 companies, NACE 41, small)
Last 24 months 12-2024: 2.9% 01-2025: 2.9%● unchanged vs 12-2024 02-2025: 2.9%● unchanged vs 01-2025 03-2025: 2.9%● unchanged vs 02-2025 04-2025: 2.9%● unchanged vs 03-2025lowest value 05-2025: 3.1%▲ +0.2 percentage points vs 04-2025 06-2025: 3.0%▼ -0.1 percentage points vs 05-2025 07-2025: 3.3%▲ +0.3 percentage points vs 06-2025 08-2025: 4.2%▲ +0.9 percentage points vs 07-2025 09-2025: 9.1%▲ +4.9 percentage points vs 08-2025 10-2025: 12.2%▲ +3.1 percentage points vs 09-2025 11-2025: 12.3%▲ +0.1 percentage points vs 10-2025 12-2025: 12.6%▲ +0.3 percentage points vs 11-2025 01-2026: 11.8%▼ -0.8 percentage points vs 12-2025 02-2026: 11.8%● unchanged vs 01-2026 03-2026: 11.7%▼ -0.1 percentage points vs 02-2026 04-2026: 20.4%▲ +8.7 percentage points vs 03-2026 05-2026: 20.2%▼ -0.2 percentage points vs 04-2026 06-2026: 19.9%▼ -0.3 percentage points vs 05-2026 07-2026: 18.3%▼ -1.6 percentage points vs 06-2026 08-2026: 19.6%▲ +1.3 percentage points vs 07-2026 09-2026: 21.6%▲ +2.0 percentage points vs 08-2026 10-2026: ≥ 25%▲ +6.9 percentage points vs 09-2026highest value 11-2026: ≥ 25%● unchanged vs 10-2026highest value
No credit on open account
Liquidity is insufficient, with a current ratio of 0.68 (0.27 in 2023), below 1. Short-term debt is 93.6% and cash 1.2% of total assets. 93.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, small). It does better than 14% of them on solvency, 4% on liquidity, 87% on profitability and 97% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Eight signals.
raises risk
raises risk · 3 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed on 06-11-2025)
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 96 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 2073 sector peers (2024).
NBB · sector comparison
Position among 2073 sector peers
Solvency
better than 14%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 94 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline02-11-2026 today
raises risk · 2024 accounts filed 96 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-11-2025, 96 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
96 days late
2023
2 days early
2022
4 days early
2021
34 days early
2020
32 days early
2019
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 1 day before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

Key points

  • Positive: More staff in 2024different schema filed ▲ 972% View
  • Caution: Lower solvency than 85% of companies in construction of buildingssector median 38.4% · 2,073 companies 6.4% View
  • Board changedlatest change 31-12-2025 · 2 in office 1 joined · 1 left View

Recent changes

  1. · Gazette deed Registered office moved within Brussel
  2. · Gazette deed Resignation: HalilKurtoglu (director)Appointment: NobreMoraisJosemar (director)
  3. · KBO administration Address struckWerkhuizenkaai 160 L’adresse du siège, 1000 Brussel werd doorgehaald met ingang Bruxelles · event 23-11-2025
All 15 events

Comparable companies

These companies have the same main activity as K. DE KONINCK: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €356,000 and €845,000, founded between 2014 and 2021.

CompanyTotal assetsGross margin
K. DE KONINCK Brussel€0.4m€0.8m
VDD Toitures et Fils Anderlues€0.4m€0.7m
ALERBO Zele€0.5m€0.9m
WOOXI Mouscron€0.4m€0.6m
CÉDRIC VANDERSCHAEGHE CONSTRUCTION Stavelot€0.8m€0.9m
THERMO TECHNIC CONSTRUCT Mons€0.8m€1.1m
KB PROJECTS Zedelgem€0.7m€0.8m
Full comparison

Key facts about K. DE KONINCK

What is the company number of K. DE KONINCK?
The company number of K. DE KONINCK is 0696.735.657. The VAT number is the same number with BE in front: BE 0696.735.657.
Where is K. DE KONINCK based?
The registered office is at Werkhuizenkaai 160, 1000 Brussel.Company details
What does K. DE KONINCK do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of K. DE KONINCK?
The legal form of K. DE KONINCK is Private limited company (BV).
When was K. DE KONINCK founded?
K. DE KONINCK was founded on 24-05-2018.
Is K. DE KONINCK still active?
Yes, K. DE KONINCK is an active enterprise in the KBO register.
How many employees does K. DE KONINCK have?
K. DE KONINCK had an average of 26.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of K. DE KONINCK?
The turnover in financial year 2024 is ≈ €1.8m. This figure is estimated from the gross margin of €845,617 and 30 comparable companies (NACE 41001). It probably lies between €1.4m and €2.7m.
Is K. DE KONINCK profitable?
In financial year 2024, K. DE KONINCK made a profit of €42,588.
Where can I find the annual accounts of K. DE KONINCK?
K. DE KONINCK filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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