Filings
The last five annual accounts were filed 19 to 48 days before the end of the period.
The last five annual accounts were filed 19 to 48 days before the end of the period.
Lower net result than 92% of companies in specialised construction. Sector median €10,184 · 35,124 companies.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro). It does better than 90% of them on solvency, 98% on liquidity, 4% on profitability and 13% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).
In July 2024, 4,805 companies had the same profile as K.S. CONSTRUCT TECH. has now. Each dot stands for 13 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of K.S. CONSTRUCT TECH. itself is lower: 0.1% within 12 months. It rests on far more data about K.S. CONSTRUCT TECH. than the profile alone.
The method was tested on the 497,447 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 4,805 companies, not a prediction for K.S. CONSTRUCT TECH.. 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.
Liquidity is ample, with a current ratio of 11.24 (14.45 in 2024), above the usual 1.5. Short-term debt is 8.8% and cash 93% of total assets. 8.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 36 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| K.S. CONSTRUCT TECH. Hemiksem | €47,860 | -€18,953 | 91.2% | - |
| CARRELAGES NYS Liège | €45,090 | -€3,270 | 57.1% | - |
| DVT Beringen | €42,605 | -€4,102 | 72.3% | - |
| BRICOLAGE DECORS Brussels | €54,128 | -€11,662 | 99.3% | - |
| Chapewerken YILMAZ Maasmechelen | €38,450 | €90 | 100.0% | - |
| DACATUC Lier | €60,258 | -€813 | 18.8% | - |
| Dromo vloer-en renovatiewerken Wuustwezel | €45,729 | €363 | 97.5% | - |
These companies have the same main activity as K.S. CONSTRUCT TECH.: floor and wall tiling (NACE 43331). They are comparable in size and age: total assets between €38,500 and €60,300, founded between 2005 and 2011.
K.S. CONSTRUCT TECH. files the micro format. That format states no turnover. The gross margin fell from -€1,740 in 2011 to -€18,953 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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