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K&L

Active Public limited companyfounded 1970active for 55 yearsPuitvoetstraat 3, 9100 Sint-NiklaasKBO/BCE: BE 0407.629.137

Lifetime

19 annual accounts with figures on one time axis, 49 filings since 1977
peak €845,174 (2019)
€610,513▲ 5.0%
lowest -€23,004 (2007)
€418,604▲ 243%
peak €3.2m (2024)
€2.1m▼ 33.5%
€4.0m▼ 20.2%
Board6 names since 2018
3 directors and 2 others
Owners4 names in the annual accounts
33.33% and 2 others
Documentsfilings and deeds
27-11-2025154 days before the deadline
2025abbreviated format
Result from €122,066 to €418,604Dividend €1.5mEquity from €3.2m to €2.1mDebts from €5.0m to €4.0m

Key points

from the 2025 annual accounts

Equity

€2.1m ▼ 33.5%
3.22024+0.4Profit-1.5Dividend2.12025

K&L paid out €1.5m in dividends. That is 358% of the 2025 profit.

Result

€418,604 ▲ 243%
€122,0002024€419,0002025

The result rose in 2025 from €122,066 to €418,604.

Liquidity

2.15 was 15.13 in 2024

Short-term debts rose from €410,729 to €1.9m.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,575 companies had the same profile as K&L has now. Each dot stands for 4 companies, two years later.

96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,575 companies, not a prediction for K&L. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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

Signals

Board and ownership

Managing director
Director
Director
  • 33.33%score equity €126.1m (2025) · 30-09-2025 annual accounts of
  • 33.33%score equity €126.1m (2025) · 30-09-2025 annual accounts of
  • 33.33%score equity €126.2m (2025) · 30-09-2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0407629137
Purpose change · Amendment of the articles “Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met…” (deed in Dutch) · holds 699 shares · holds 699 shares · General meeting of 23-05-2024 · Gazette deed
2 directors appointed, 2 resignations, 2 reappointments Resignations: (managing director and chair of the board) and · Appointments: and (managing director and chair of the board) · Reappointments: and · General meeting of 2023-09 · Gazette deed
4 directors appointed , , and (managing director and chair of the board) · General meeting of 09-02-2018 · Gazette deed
All 63 events

Official details

Source: KBO
Status
Active since 25-11-1970Normal situation
Activity
“Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot…” (deed in Dutch)From the articles, 12 activitiesNo NACE code in the KBO yet
Establishment unit
2.005.047.5078500 Kortrijk, since 01-12-1970
Financial year end
30 September
Peppol
Reachable since 08-10-2025
Company details

Annual accounts to 30-09-2025

≈ €1.5mestimated
€6.1m▼ 25.4%
Filing
Filed on 27-11-2025, 154 days before the end of the filing period
Financials

Insights on K&L

K&L files the abbreviated format. That format states no turnover. The gross margin rose from €260,242 in 2007 to €610,513 in 2025.

In November 2023, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about K&L

What is the company number of K&L?
The company number of K&L is 0407.629.137. The VAT number is the same number with BE in front: BE 0407.629.137.
Where is K&L based?
The registered office is at Puitvoetstraat 3, 9100 Sint-Niklaas.Company details
What is the legal form of K&L?
K&L is a public limited company (NV).
When was K&L founded?
K&L was founded on 25-11-1970.
Is K&L still active?
Yes, K&L is an active enterprise in the KBO register.
What is the turnover of K&L?
The turnover in financial year 2025 is ≈ €1.5m. This figure is estimated from the gross margin of €610,513 and 2,135 comparable companies of the same size. It probably lies between €870,000 and €2.5m. It is a rough estimate.Financials
Is K&L profitable?
In financial year 2025, K&L made a profit of €418,604.
Where can I find the annual accounts of K&L?
K&L filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of K&L due?
K&L must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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