The computed 12-month bankruptcy probability of K.I.C. SERVICES is 9.3% (elevated). The 2018 annual accounts show equity of €70,663 and a net result of €4,247. The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
Signalsraises riskFigures for financial year 2018 (filed 21-10-2019)3 financial years not filed after the legal deadline; latest accounts 75 days late; 2 of the last 3 lateSize: total assets €77,511Liquidity: current ratio 11.32, cash €261, halvedneutralNo filing for yearsFiled after the deadlineShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2018 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2018
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100
equity 91.2% of total assets
Liquidity50
short-term debt 8.8% · cash 0.3%
Profitability51
return on assets 5.5%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
9.3%Elevated
0%0.5%1.5%4%10%≥ 25%
About 9 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.9% (7,673 companies, NACE 81, micro)
Last 24 months11-2024: 14.3%highest value12-2024: 14.3%● unchanged vs 11-2024highest value01-2025: 14.3%● unchanged vs 12-2024highest value02-2025: 14.3%● unchanged vs 01-2025highest value03-2025: 14.3%● unchanged vs 02-2025highest value04-2025: 14.3%● unchanged vs 03-2025highest value05-2025: 14.3%● unchanged vs 04-2025highest value06-2025: 14.3%● unchanged vs 05-2025highest value07-2025: 14.3%● unchanged vs 06-2025highest value08-2025: 14.3%● unchanged vs 07-2025highest value09-2025: 14.3%● unchanged vs 08-2025highest value10-2025: 14.3%● unchanged vs 09-2025highest value11-2025: 14.3%● unchanged vs 10-2025highest value12-2025: 14.3%● unchanged vs 11-2025highest value01-2026: 14.3%● unchanged vs 12-2025highest value02-2026: 14.3%● unchanged vs 01-2026highest value03-2026: 14.3%● unchanged vs 02-2026highest value04-2026: 14.3%● unchanged vs 03-2026highest value05-2026: 14.3%● unchanged vs 04-2026highest value06-2026: 14.3%● unchanged vs 05-2026highest value07-2026: 14.3%● unchanged vs 06-2026highest value08-2026: 14.3%● unchanged vs 07-2026highest value09-2026: 9.3%▼ -5.0 percentage points vs 08-2026lowest value10-2026: 9.3%● unchanged vs 09-2026lowest value
31-12-2019 year end31-07-2020 deadline15-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 14-10-2019, 75 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.