Financials
- Fiscal year
- 2025
- Turnover
- €62,004
- Loss
- -€267
- Solvency
- 78.5%
K.I. SYSTEM
ActiveThe file of K.I. SYSTEM contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.2% (very low). The 2025 annual accounts show equity of €570,495 and a net result of -€267. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 80% of 12348 sector peers (fiscal year 2025).
Overview
Activity
Agents in non-specialised wholesale trade
NACE 46190NACE 51190
1 site
Size
€62,004turnover 2025
- Equity
- €570,495
- Loss
- -€267
Structure
Accounts filed 9 d late0 of 4 deeds read
Why 90- Liquidity: current ratio 0.71, cash €655+ Founded in 1991+ Size: turnover €62,004, total assets €726,368+ Figures for FY 2025 (filed 14-05-2026)Show the evidence
Checked score
Score 2025
90
/ 100
Excellent
Probability in this band: under 0.55%
Better than 54% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 78.5% of total assets
Liquidity
43-41
short-term debt 21.5% · cash 0.1%
Profitability
63-6
return on assets 0.0%
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.9%
12-2024: 0.9%● 0.0% vs 11-2024
01-2025: 0.9%▼ -2.3% vs 12-2024
02-2025: 0.8%▼ -2.7% vs 01-2025
03-2025: 0.8%▼ -2.4% vs 02-2025
04-2025: 1.0%▲ +21.9% vs 03-2025
05-2025: 0.6%▼ -40.2% vs 04-2025
06-2025: 0.6%● 0.0% vs 05-2025
07-2025: 0.6%● 0.0% vs 06-2025
08-2025: 0.6%● 0.0% vs 07-2025
09-2025: 0.6%● 0.0% vs 08-2025
10-2025: 0.6%● 0.0% vs 09-2025
11-2025: 0.5%▼ -11.8% vs 10-2025
12-2025: 0.5%● 0.0% vs 11-2025
01-2026: 0.5%▼ -2.5% vs 12-2025
02-2026: 0.5%▲ +0.4% vs 01-2026
03-2026: 0.6%▲ +11.5% vs 02-2026
04-2026: 0.8%▲ +35.7% vs 03-2026
05-2026: 1.2%▲ +48.5% vs 04-2026highest value
06-2026: 0.2%▼ -85.2% vs 05-2026lowest value
07-2026: 0.2%● 0.0% vs 06-2026lowest value
08-2026: 0.2%● 0.0% vs 07-2026lowest value
09-2026: 0.2%● 0.0% vs 08-2026lowest value
10-2026: 0.2%▲ +2.9% vs 09-2026
- Founded in 1991 lowers the probability for this profile
- Liquidity: current ratio 0.71, cash €655 raises the probability
- Size: turnover €62,004, total assets €726,368 lowers the probability for this profile
- Figures for FY 2025 (filed 14-05-2026) lowers the probability
Credit up to €6,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.71 against 0.73 in 2024; short-term debt: 21.5% and cash: 0.1% of total assets), and 21.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 90%, liquidity 41%, profitability 46%, growth against the median 39%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 09-05-2026, 9 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 · 10 filingsDeviation from the deadline
2025
9 d late
2024
on the day
2023
20 d late
2022
59 d late
2021
319 d late
2020
682 d late
2019
329 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 203 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 21 May (4 of the last 5 filed years within 38 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close03-10-2026 today30-04-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €912
Key points
By topic
Timeline
- Events
- 15
- Since
- 2018
- Next accounts
- by 30-04-2027
- 09-05-2026Annual accounts filed
- 30-04-2025Annual accounts filed
- 30-09-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Agents in non-specialised wholesale tradeNACE 46190
- Founded
- 10-10-1991
- Year ends
- 30-09
- Peppol
- Reachable for e-invoices
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