K-LITY CONSTRUCT
ActiveSummary
K-LITY CONSTRUCT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €445k and a net result of €179k. Equity is growing by ~30.7% per year across the filed fiscal years. Its solvency ranks better than 52% of 7838 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▲+13
Solvency71▲+20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.37 against 1.47 in 2024; short-term debt: 36.6% and cash: 10.8% of total assets), but 54.2% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
45.8%
Return on assets
18.4%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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
40 d late
2024
61 d late
2023
21 d late
2022
21 d late
2021
58 d late
2020
26 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€179k▲ 107%
2024 · €86k
2018: €11k
2019: €7k▼ -36.3% vs 2018
2020: €17k▲ +149% vs 2019
2021: €45k▲ +158% vs 2020
2022: €7k▼ -85.4% vs 2021lowest in 8 years
2023: €45k▲ +576% vs 2022
2024: €86k▲ +93.5% vs 2023
2025: €179k▲ +107% vs 2024highest in 8 years
2018 → 2025
Working capital
€487k▲ 78.3%
2024 · €273k
2018: €50klowest in 8 years
2019: €64k▲ +29.1% vs 2018
2020: €112k▲ +73.5% vs 2019
2021: €196k▲ +75.8% vs 2020
2022: €103k▼ -47.3% vs 2021
2023: €287k▲ +178% vs 2022
2024: €273k▼ -5.0% vs 2023
2025: €487k▲ +78.3% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€129k-€136k▲ 5.1%€180k▲ 32.9%€266k▲ 47.9%€445k▲ 67.2%
2021: €129klowest in 5 years
2022: €136k▲ +5.1% vs 2021
2023: €180k▲ +32.9% vs 2022
2024: €266k▲ +47.9% vs 2023
2025: €445k▲ +67.2% vs 2024highest in 5 years
Operating result€74k-€27k▼ 63.4%€50k▲ 86.2%€159k▲ 216%€246k▲ 54.4%
2021: €74k
2022: €27k▼ -63.4% vs 2021lowest in 5 years
2023: €50k▲ +86.2% vs 2022
2024: €159k▲ +216% vs 2023
2025: €246k▲ +54.4% vs 2024highest in 5 years
Net result€45k-€7k▼ 85.4%€45k▲ 576%€86k▲ 93.5%€179k▲ 107%
2021: €45k
2022: €7k▼ -85.4% vs 2021lowest in 5 years
2023: €45k▲ +576% vs 2022
2024: €86k▲ +93.5% vs 2023
2025: €179k▲ +107% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 54% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €973k
Fixed assets
€130k ▼ 26.2%
Current assets
€843k ▼ 1.8%
Equity and liabilities €973k
Equity
€445k ▲ 67.2%
Debt
€528k ▼ 31.3%
Debt's share of the balance-sheet total falls from 74.2% to 54.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€298k▲
2024 · €219k
Cash flow
€231k▲
2024 · €146k
Current ratio
2.37▲
2024 · 1.47
Debt to equity
1.18▼
2024 · 2.88
ROE
40.2%▲
2024 · 32.4%
ROA
18.4%▲
2024 · 8.3%
Interest coverage
27.50▲
2024 · 10.27
Debt ≤ 1 year
€357k▼
2024 · €585k
Income taxes
€72k▲
2024 · €64k
Staff costs
€-13▼
2024 · €106
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.03M€973k▼
Fixed assets21/28€176k€130k▼
Tangible fixed assets22/27€173k€128k▼
Plant, machinery and equipment23€8k€6k▼
Furniture and vehicles24€164k€122k▼
Financial fixed assets28€3k€2k▼
Current assets29/58€859k€843k▼
Amounts receivable within one year40/41€794k€738k▼
Trade receivables40€542k€476k▼
Other amounts receivable41€252k€262k▲
Cash at bank and in hand54/58€63k€105k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€1.03M€973k▼
Equity10/15€266k€445k▲
Contributions10/11€6k€6k=
Reserves13€8k€8k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€6k€6k=
Profit (loss) carried forward14€252k€431k▲
Amounts payable17/49€768k€528k▼
Amounts payable within one year42/48€585k€357k▼
Financial debts43-€80k
Credit institutions430/8-€80k
Trade debts44€520k€146k▼
Suppliers440/4€520k€146k▼
Taxes, remuneration and social security45€65k€131k▲
Taxes450/3€65k€130k▲
Remuneration and social security454/9-€1k
Accrued charges and deferred income492/3€182k€171k▼
Income statement
Code20242025
Remuneration, social security and pensions62€106€-13▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€52k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€70k-
Other operating charges640/8€18k€47k▲
Gross operating margin9900€306k€345k▲
Operating profit (loss)9901€159k€246k▲
Financial income75/76B€12k€18k▲
Recurring financial income75€12k€18k▲
Financial charges65/66B€21k€13k▼
Recurring financial charges65€21k€11k▼
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€150k€251k▲
Income taxes67/77€64k€72k▲
Profit (loss) for the period9904€86k€179k▲
Profit (loss) for the period to be appropriated9905€86k€179k▲
Appropriation of the result
Profit (loss) to be appropriated9906€252k€431k▲
Profit (loss) brought forward from the previous period14P€166k€252k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €6k | €481 | €-2k | €106 | €-13 | ▼ 113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23k | €21k | €32k | €59k | €52k | ▼ 12.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €70k | - | - |
| Other operating charges640/8 | €5k | €5k | €4k | €18k | €47k | ▲ 163% |
| Gross operating margin9900 | €109k | €54k | €84k | €306k | €345k | ▲ 12.7% |
| Operating profit (loss)9901 | €74k | €27k | €50k | €159k | €246k | ▲ 54.4% |
| Financial income75/76B | €6k | €8k | €22k | €12k | €18k | ▲ 51.4% |
| Recurring financial income75 | €6k | €8k | €6k | €12k | €18k | ▲ 51.4% |
| Non-recurring financial income76B | - | - | €16k | - | - | - |
| Financial charges65/66B | €15k | €21k | €9k | €21k | €13k | ▼ 39.7% |
| Recurring financial charges65 | €15k | €21k | €9k | €21k | €11k | ▼ 49.1% |
| Non-recurring financial charges66B | - | - | - | - | €2k | - |
| Profit (loss) for the period before taxes9903 | €64k | €14k | €64k | €150k | €251k | ▲ 67.5% |
| Income taxes67/77 | €19k | €7k | €19k | €64k | €72k | ▲ 13.2% |
| Profit (loss) for the period9904 | €45k | €7k | €45k | €86k | €179k | ▲ 107% |
| Profit (loss) for the period to be appropriated9905 | €45k | €7k | €45k | €86k | €179k | ▲ 107% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €622k | €497k | €829k | €1.03M | €973k | ▼ 5.9% |
| Fixed assets21/28 | €54k | €40k | €73k | €176k | €130k | ▼ 26.2% |
| Tangible fixed assets22/27 | €53k | €39k | €72k | €173k | €128k | ▼ 26.0% |
| Plant, machinery and equipment23 | €7k | €9k | €11k | €8k | €6k | ▼ 31.9% |
| Furniture and vehicles24 | €46k | €30k | €61k | €164k | €122k | ▼ 25.7% |
| Financial fixed assets28 | €1k | €1k | €1k | €3k | €2k | ▼ 36.8% |
| Current assets29/58 | €568k | €456k | €757k | €859k | €843k | ▼ 1.8% |
| Stocks and contracts in progress3 | - | €32k | - | - | - | - |
| Stocks30/36 | - | €32k | - | - | - | - |
| Amounts receivable within one year40/41 | €386k | €377k | €685k | €794k | €738k | ▼ 7.0% |
| Trade receivables40 | €246k | €224k | €540k | €542k | €476k | ▼ 12.2% |
| Other amounts receivable41 | €140k | €152k | €145k | €252k | €262k | ▲ 4.4% |
| Cash at bank and in hand54/58 | €182k | €47k | €69k | €63k | €105k | ▲ 66.0% |
| Deferred charges and accrued income490/1 | - | - | €2k | €2k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €622k | €497k | €829k | €1.03M | €973k | ▼ 5.9% |
| Equity10/15 | €129k | €136k | €180k | €266k | €445k | ▲ 67.2% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €8k | €8k | €8k | €8k | €8k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Tax-exempt reserves132 | €6k | €6k | €6k | €6k | €6k | = |
| Profit (loss) carried forward14 | €115k | €122k | €166k | €252k | €431k | ▲ 70.9% |
| Amounts payable17/49 | €493k | €361k | €649k | €768k | €528k | ▼ 31.3% |
| Amounts payable after more than one year17 | €13k | €8k | - | - | - | - |
| Financial debts170/4 | €13k | €8k | - | - | - | - |
| Amounts payable within one year42/48 | €372k | €353k | €469k | €585k | €357k | ▼ 39.1% |
| Current portion of amounts payable after more than one year42 | €12k | €9k | €8k | - | - | - |
| Financial debts43 | - | - | - | - | €80k | - |
| Credit institutions430/8 | - | - | - | - | €80k | - |
| Trade debts44 | €333k | €335k | €440k | €520k | €146k | ▼ 72.0% |
| Suppliers440/4 | €333k | €335k | €440k | €520k | €146k | ▼ 72.0% |
| Taxes, remuneration and social security45 | €27k | €9k | €21k | €65k | €131k | ▲ 102% |
| Taxes450/3 | €26k | €9k | €21k | €65k | €130k | ▲ 100% |
| Remuneration and social security454/9 | €920 | - | - | - | €1k | - |
| Accrued charges and deferred income492/3 | €108k | - | €180k | €182k | €171k | ▼ 6.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45k | €7k | €45k | €86k | €179k | ▲ 107% |
| + Depreciation and write-downs630 | €23k | €21k | €32k | €59k | €52k | ▼ 12.5% |
| Operating cash flow (approximation) | €68k | €28k | €76k | €146k | €231k | ▲ 58.6% |
| Investment in fixed assets (approximation) | - | €-7k | €-64k | €-162k | €-6k | ▲ 96.3% |
| Change in cash | - | €-134k | €22k | €-6k | €42k | ▲ 851% |
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
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 40 days late
2025
31-12
Financial
Highest result since 2018net €179k ▲107%
Operating result €246k, net result €179k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
31-12
Financial
Equity above €200kEq €266k ▲47.9%
7 profitable years in a row build equity to €266k.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 21 days late
2023
31-12
Financial
Equity above €150kEq €180k ▲32.9%
6 profitable years in a row build equity to €180k.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 21 days late
2022
31-12
Financial
Weakest financial yearnet €7k ▼85.4%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
27-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 58 days late
2021
31-12
Financial
Equity above €100kEq €129k ▲53.7%
4 profitable years in a row build equity to €129k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
Show earlier events
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 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, Faimes · 1 establishment unit since 2013
Ground area
3,712 m²
Building footprint
204 m²
Volume, LiDAR
1,152 m³
Parcel 64016A0229/00T000, Wallonia · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
K-LITY CONSTRUCT
since 20132.217.292.316
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64016A0229/00T000 | Wallonia | 3,712 m² | 1 · 204 m² | 8.0 m · 2 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
TONY & COST
BE 0898.417.958
Grez-Doiceau · Eq €445,214
Limburgse Waterdichtingswerken
BE 0440.004.074
Nieuwerkerken (Limb.) · Eq €444,992
DEBOUVRY & ROGGHÉ
BE 0847.431.392
Merelbeke-Melle · Eq €446,247
ROOFIX INVEST
BE 0898.375.495
Lokeren · Eq €444,314
SCHIEPERS-TOITURES
BE 0504.972.694
Héron · Eq €446,526
Of 11,135 companies in sector 43910 we hold annual accounts for 5,489. 3,733 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
Founded27-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43910Bricklaying and masonry work
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.