K.M.A. GROUP
ActiveSummary
The computed 12-month bankruptcy probability of K.M.A. GROUP is 3.3% (moderate). The 2024 annual accounts show negative equity (€-67k) and a net result of €-16k. Equity is shrinking by ~78.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 1854 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
16
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.0 against 0.01 in 2023; short-term debt: 669.4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-569.4%
Return on assets
-136.5%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €-67k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
12 d early
2022
19 d early
2021
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€-67k▼ 31.5%
2023 · €-51k
2021: €10k
2022: €-19k
2023: €-51k
2021 → 2024
Total assets
€12k▼ 40.5%
2023 · €20k
2021: €47k
2022: €43k
2023: €20k
2021 → 2024
Net result
€-16k▲ 49.9%
2023 · €-32k
2021: €735
2022: €-29k
2023: €-32k
2021 → 2024
Working capital
€-78k▼ 11.5%
2023 · €-70k
2021: €-24k
2022: €-47k
2023: €-70k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€10k-€-19k€-51k▼ 170%€-67k▼ 31.5%
Operating result€1k-€-27k€-30k▼ 11.9%€-14k▲ 52.7%
Net result€735-€-29k€-32k▼ 9.9%€-16k▲ 49.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2024 against €30k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €12k
Fixed assets
€11k ▼ 41.0%
Current assets
€319 ▼ 19.9%
Key figures and ratios
EBITDA
€-6k▲
2023 · €-22k
Cash flow
€-8k▲
2023 · €-24k
Solvency
-569.4%▼
2023 · -257.5%
Current ratio
0.00▼
2023 · 0.01
Debt to equity
-1.18▲
2023 · -1.39
ROA
-136.5%▲
2023 · -162.0%
Interest coverage
-3.93▲
2023 · -13.91
Debt
€79k▲
2023 · €71k
Debt ≤ 1 year
€79k▲
2023 · €71k
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 · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€20k€12k▼
Fixed assets21/28€19k€11k▼
Tangible fixed assets22/27€19k€11k▼
Land and buildings22€4k€4k▼
Plant, machinery and equipment23€9k€5k▼
Furniture and vehicles24€6k€3k▼
Current assets29/58€399€319▼
Amounts receivable within one year40/41€399€319▼
Other amounts receivable41€399€319▼
Equity and liabilities
Total equity and liabilities10/49€20k€12k▼
Equity10/15€-51k€-67k▼
Contributions10/11€10k€10k=
Reserves13€735€735=
Distributable reserves133€735€735=
Profit (loss) carried forward14€-61k€-77k▼
Amounts payable17/49€71k€79k▲
Amounts payable within one year42/48€71k€79k▲
Financial debts43€10k€10k▲
Credit institutions430/8€10k€10k▲
Trade debts44€10k€9k▼
Suppliers440/4€10k€9k▼
Taxes, remuneration and social security45€102-
Taxes450/3€102-
Other amounts payable47/48€51k€59k▲
Income statement
Code20232024
Remuneration, social security and pensions62€1k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▼
Other operating charges640/8€2k€606▼
Gross operating margin9900€-19k€-6k▲
Operating profit (loss)9901€-30k€-14k▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-32k€-16k▲
Profit (loss) for the period9904€-32k€-16k▲
Profit (loss) for the period to be appropriated9905€-32k€-16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-61k€-77k▼
Profit (loss) brought forward from the previous period14P€-29k€-61k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-32k
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
2,220 m²
Building footprint
359 m²
Volume, LiDAR
3,552 m³
2 parcels, Flanders · tallest building 19.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
K.M.A. GROUP
since 20202.304.560.840
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41016A0757/00K000 | Flanders | 1,862 m² | 1 · 123 m² | 10.3 m · 2 fl. |
| 41302C0993/00Y002 | Flanders | 358 m² | 1 · 235 m² | 19.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
ASMARA
BE 0664.511.069
Maasmechelen · Eq €10,118
ZILT Hospitality
BE 0839.598.544
Blankenberge · Eq €10,112
InnoVillage
BE 0757.603.949
Nassogne · Eq €10,069
HODERICA
BE 0463.164.112
Torhout · Eq €10,450
Artikel 15
BE 1022.811.946
Brugge · Eq €10,486
Of 2,394 companies in sector 55100 we hold annual accounts for 1,517. 506 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
55100Hotels and similar accommodation
56112Limited-service restaurants, excluding mobile food services
56210Event catering
56301Cafés and bars
56302Nightclubs
82300Organisation of conventions and trade shows
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.