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K-N Construction

Active Private limited companyfounded 2020active for 6 yearsRue des Ecureuils 4130, 4130 EsneuxKBO/BCE: BE 0747.913.154

Lifetime

5 annual accounts with figures on one time axis
peak €64,238 (2022)
-€11,304▼ €4,415
lowest -€23,150 (2024)
-€23,150▼ €7,375
peak €52,308 (2022)
€13,384▼ 63.4%
€198,494▲ 565%
Board3 names since 2020
1 director
Documentsfilings and deeds
30-09-202561 days late
2024micro format
Gross margin from -€6,889 to -€11,304Loss of €23,150Equity from €36,533 to €13,384Debts from €29,860 to €198,494Cash from €3,372 to €12,768

Key points

from the 2024 annual accounts

Equity

€13,384 from €52,308 in 2022

Equity fell by 74% in 2 years.

Losses

-€38,924 in two years
-15,7752023-23,1502024

The 2023 and 2024 financial years closed with a loss. 2024 was the heaviest.

Debts

€198,494 94% of the balance sheet
Financial debts 46%Suppliers 1%Taxes and wages 3%Other 49%

Liquidity

0.82 was 0.38 in 2023

Short-term debts rose from €29,860 to €198,494.

Filings

5 annual accounts 105 days past the deadline
AprilJune31 JulyOctober202020222024

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

-€23,150

Lower net result than 91% of companies in construction of buildings. Sector median €7,908 · 9,869 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 646 companies had the same profile as K-N Construction has now. Each dot stands for 2 companies, two years later.

86.1%
were still trading
5.7%
stopped another way
7.3%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency under 10%
  • a loss of 10% of the balance sheet or more

Another 0.9% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 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 646 companies, not a prediction for K-N Construction. 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

Director, since 05-06-2020
  • 150 sharesdeed of 09-06-2020
  • 150 sharesdeed of 09-06-2020
  • 100 sharesdeed of 09-06-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0747913154
Registered office moved from Sprimont to Esneux New registered office: Rue des Ecureuils 22, à 4130 Esneux · Previous registered office: Rue des Biolettes 1, à 4140 Sprimont · General meeting of 21-03-2025 · Gazette deed
Resignation: (director) General meeting of 07-05-2021 · Gazette deed
First establishment Rue des Biolettes 1, Sprimont
All 13 events

Comparable companies

same main activity, similar in size and age
Company
K-N Construction Esneux €211,878 -€11,304 6.3% -
COLOMBRITA FRERES Herstal €205,614 -€79,107 -54.2% -
MTBI ENTREPRISE Sprimont €212,815 -€3,843 -4.1% -
MDYmmo Malmedy €165,298 -€16,629 49.3% -
D'OUDE VESTING Antwerp €215,489 -€77,507 -664.5% -
GROEP JL PROJECTS Zoersel €230,573 -€16,388 24.9% -
Emundo Antwerp €190,645 -€44,734 -20.8% -

These companies have the same main activity as K-N Construction: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €165,000 and €231,000, founded in 2020.

Official details

Source: KBO
Status
Active since 05-06-2020Normal situation
Activity
General construction of residential buildingsNACE 41001
Establishment unit
2.304.387.4284140 Sprimont, since 12-06-2020
Financial year end
31 December
Peppol
Reachable since 09-12-2025
Company details

Annual accounts 2024

€211,878▲ 219%
Filing
Filed on 30-09-2025
Financials

Insights on K-N Construction

K-N Construction files the micro format. That format states no turnover. The gross margin fell from €40,986 in 2020 to -€11,304 in 2024.

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-N Construction

What is the company number of K-N Construction?
The company number of K-N Construction is 0747.913.154. The VAT number is the same number with BE in front: BE 0747.913.154.
Where is K-N Construction based?
The registered office is at Rue des Ecureuils 4130, 4130 Esneux.Company details
What does K-N Construction do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of K-N Construction?
K-N Construction is a private limited company (BV).
When was K-N Construction founded?
K-N Construction was founded on 05-06-2020.
Is K-N Construction still active?
Yes, K-N Construction is an active enterprise in the KBO register.
What is the turnover of K-N Construction?
The annual accounts for financial year 2024 state no turnover. The micro format does not require it.Financials
Is K-N Construction profitable?
In financial year 2024, K-N Construction made a loss of €23,150.
Where can I find the annual accounts of K-N Construction?
K-N Construction filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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