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K PROPERTIES BUSINESS

Active
Private limited companyfounded 2017active for 9 yearsFloréallaan 156, 1180 Uccle, BelgiumKBO/BCE: BE 0675.857.594
Summary

The computed 12-month bankruptcy probability of K PROPERTIES BUSINESS is 6.5% (elevated). The 2024 annual accounts show equity of €289,622 and a net result of -€77,445. Equity has been growing by about 38% per year since 2018. Its solvency ranks better than 19% of 4,790 sector peers (NACE 68, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 19-05-2017 Normal situation
Registered office
68 active companies are registered at this address 2 started in the 12 months before. Source: KBO register, as of 5 November 2026.
Activity
Development of residential building projects NACE 68121and 2 others
Joint committee
323 Building management, estate agents and domestic staff · annual accounts 2024
Establishment units
2.264.587.833 1180 Uccle, since 19-05-2017
2.315.964.971 1080 Molenbeek-Saint-Jean, since 01-03-2021
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Shareholders
  • K Patrimoine· score 462024 annual accounts of K Patrimoine

Financial position

34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
6.5%
Annual accounts 2024
Gross margin
€412,928
▲ 34.5%
Turnover
≈ €730,000
estimated
Loss
€77,445
Equity
€289,622
▼ 21.1%
Total assets
€18.0m
▲ 102%
Staff
0.8 FTE
▼ 20.0%
  • 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskLiquidity: current ratio 1.03, cash €9,293Figures for financial year 2024 (filed on 20-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 76 days late; 2 of the last 3 accounts latelowers riskSector: Real estate activities (NACE 68)Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 22% of micro companies in real estate (NACE 68)
Financial strength · tick: 2023
Weak
Solvency 27-2
equity 1.6% of total assets
Liquidity 23-27
short-term debt 52.7% · cash 0.1%
Profitability 33-32
return on assets -0.4%
Bankruptcy probability within 12 months
6.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 12-2024: 2.7%lowest value 01-2025: 2.8%▲ +0.1 percentage points vs 12-2024 02-2025: 2.8%● unchanged vs 01-2025 03-2025: 2.9%▲ +0.1 percentage points vs 02-2025 04-2025: 2.8%▼ -0.1 percentage points vs 03-2025 05-2025: 2.8%● unchanged vs 04-2025 06-2025: 2.9%▲ +0.1 percentage points vs 05-2025 07-2025: 2.8%▼ -0.1 percentage points vs 06-2025 08-2025: 3.7%▲ +0.9 percentage points vs 07-2025 09-2025: 4.4%▲ +0.7 percentage points vs 08-2025 10-2025: 6.3%▲ +1.9 percentage points vs 09-2025 11-2025: 3.5%▼ -2.8 percentage points vs 10-2025 12-2025: 3.5%● unchanged vs 11-2025 01-2026: 3.5%● unchanged vs 12-2025 02-2026: 3.5%● unchanged vs 01-2026 03-2026: 3.6%▲ +0.1 percentage points vs 02-2026 04-2026: 3.5%▼ -0.1 percentage points vs 03-2026 05-2026: 3.4%▼ -0.1 percentage points vs 04-2026 06-2026: 3.5%▲ +0.1 percentage points vs 05-2026 07-2026: 3.3%▼ -0.2 percentage points vs 06-2026 08-2026: 4.3%▲ +1.0 percentage point vs 07-2026 09-2026: 4.8%▲ +0.5 percentage points vs 08-2026 10-2026: 6.5%▲ +1.7 percentage points vs 09-2026highest value 11-2026: 6.5%● unchanged vs 10-2026highest value
Credit of up to €9,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is tight, with a current ratio of 1.03 (0.65 in 2023), below the usual 1.5. Short-term debt is 52.7% and cash 0.1% of total assets. 98.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 22% of them on solvency, 18% on liquidity, 28% on profitability and 21% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Seven signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 1.03, cash €9,293
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed on 20-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 76 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 4790 sector peers (2024).
NBB · sector comparison
Position among 4790 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 7 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
raises risk · 2024 accounts filed 76 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-10-2025, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
not filed
2024
76 days late
2023
68 days late
2022
52 days early
2021
68 days late
2020
107 days late
2019
104 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 62 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2024after a profit of €968,218 in 2023 -€77,445 View
  • Caution: Lower net result than 81% of companies in real estatesector median €11,175 · 4,803 companies -€77,445 View

Recent changes

  1. · Gazette deed Reappointments: GOSSELIN Claude Yves (director) and SCIORTINO Dino (director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as K PROPERTIES BUSINESS: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €9.4m and €23m, founded between 2011 and 2018.

CompanyTotal assetsGross margin
K PROPERTIES BUSINESS Uccle€18.0m€0.4m
ULTRIUM DEVELOPMENT Antwerp€23.3m€0.3m
HEEM Antwerp€18.7m€0.3m
INTERBEACH GROUP Koksijde€23.1m€0.3m
Bricxinvest Edegem€9.4m€0.4m
CHRISTIAENS PROJECTS Bruges€10.4m€0.8m
REALYA Uccle€15.0m€0.5m
Full comparison

Key facts about K PROPERTIES BUSINESS

What is the company number of K PROPERTIES BUSINESS?
The company number of K PROPERTIES BUSINESS is 0675.857.594. The VAT number is the same number with BE in front: BE 0675.857.594.
Where is K PROPERTIES BUSINESS based?
The registered office is at Floréallaan 156, 1180 Uccle.Company details
What does K PROPERTIES BUSINESS do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of K PROPERTIES BUSINESS?
K PROPERTIES BUSINESS is a private limited company (BV).
When was K PROPERTIES BUSINESS founded?
K PROPERTIES BUSINESS was founded on 19-05-2017.
Is K PROPERTIES BUSINESS still active?
Yes, K PROPERTIES BUSINESS is an active enterprise in the KBO register.
How many employees does K PROPERTIES BUSINESS have?
K PROPERTIES BUSINESS had an average of 0.8 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does K PROPERTIES BUSINESS fall under?
In its 2024 annual accounts, K PROPERTIES BUSINESS states joint committee 323 (Building management, estate agents and domestic staff).
What is the turnover of K PROPERTIES BUSINESS?
The turnover in financial year 2024 is ≈ €730,000. This figure is estimated from the gross margin of €412,928 and 42 comparable companies (NACE 681). It probably lies between €560,000 and €1.2m.
Is K PROPERTIES BUSINESS profitable?
In financial year 2024, K PROPERTIES BUSINESS made a loss of €77,445.
Where can I find the annual accounts of K PROPERTIES BUSINESS?
K PROPERTIES BUSINESS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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