K&S DESIGN
ActiveThe computed 12-month bankruptcy probability of K&S DESIGN is 2.9% (moderate). The 2024 annual accounts show equity of €7k and a net result of €6k. Equity is growing by ~240.9% per year across the filed fiscal years. Its solvency ranks better than 21% of 36374 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency22▲+18
Growth78=
Stability94
Bankruptcy probability, 12 months
2.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.91 against 0.5 in 2023), and 80.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
19.5%
Return on assets
15.5%
Age of the figures
20 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 36374 sector peers (2024).
NBB · sector comparisonPosition among 36374 sector peers
Solvency
better than 21%
← weakest
strongest →
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 30-07-2025, 1 day ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
1 d early
2023
6 d early
2022
204 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€7k▲ 398%
2023 · €1k
2022: €235
2023: €1k
2022 → 2024
Total assets
€38k▲ 34.3%
2023 · €28k
2022: €24k
2023: €28k
2022 → 2024
Net result
€6k▲ 373%
2023 · €1k
2022: €-1k
2023: €1k
2022 → 2024
Working capital
€-3k▲ 79.6%
2023 · €-13k
2022: €-19k
2023: €-13k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€235-€1k▲ 530%€7k▲ 398%
Operating result€-1k-€1k€8k▲ 440%
Net result€-1k-€1k€6k▲ 373%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 440% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €38k
Fixed assets
€10k▼ 32.0%
Current assets
€28k▲ 108%
Equity and liabilities €38k
Equity
€7k▲ 398%
Debt
€31k▲ 14.2%
The debt ratio falls from 94.7% to 80.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€13k▲
2023 · €6k
Cash flow
€11k▲
2023 · €6k
Solvency
19.5%▲
2023 · 5.3%
Current ratio
0.91▲
2023 · 0.50
Quick ratio
0.91▲
2023 · 0.50
Debt / equity
4.14▼
2023 · 18.05
ROE
79.9%▼
2023 · 84.1%
ROA
15.5%▲
2023 · 4.4%
Interest coverage
236.51▲
2023 · 53.10
Debt
€31k▲
2023 · €27k
Debt ≤ 1 year
€31k▲
2023 · €27k
Income taxes
€2k▲
2023 · €119
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€28k€38k▲
Fixed assets21/28€15k€10k▼
Tangible fixed assets22/27€15k€10k▼
Plant, machinery and equipment23€15k€10k▼
Current assets29/58€13k€28k▲
Amounts receivable within one year40/41€3k€7k▲
Trade receivables40€2k€7k▲
Other amounts receivable41€2k€0▼
Cash at bank and in hand54/58€10k€21k▲
Deferred charges and accrued income490/1€258€0▼
Equity and liabilities
Total equity and liabilities10/49€28k€38k▲
Equity10/15€1k€7k▲
Contributions10/11€2k€2k=
Reserves13-€6k
Distributable reserves133-€6k
Profit (loss) carried forward14€-18€0▲
Amounts payable17/49€27k€31k▲
Amounts payable within one year42/48€27k€31k▲
Trade debts44€3k€221▼
Suppliers440/4€3k€221▼
Taxes, remuneration and social security45€3k€4k▲
Taxes450/3€153€4k▲
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€21k€27k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€521€2k▲
Non-recurring operating charges66A€9k€0▼
Gross operating margin9900€16k€14k▼
Operating profit (loss)9901€1k€8k▲
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€118€54▼
Recurring financial charges65€118€54▼
Profit (loss) for the period before taxes9903€1k€8k▲
Income taxes67/77€119€2k▲
Profit (loss) for the period9904€1k€6k▲
Profit (loss) for the period to be appropriated9905€1k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-18€6k▲
Profit (loss) brought forward from the previous period14P€-1k€-18▲
Transfer to equity691/2-€6k
To other reserves6921-€6k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €6k ▲373%
Operating result €8k, net result €6k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
20-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 204 days late
2023
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Heers · 1 establishment unit since 2022
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.
Truyerstraat(H.) 303870 HeersGround area
682 m²
Building footprint
269 m²
Parcel 73022A0134/00Z000, Flanders. Linked by address, not a title deed.
1 establishment unit
K&S DESIGN
since 20222.332.474.272
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73022A0134/00Z000 | Flanders | 682 m² | 1 · 269 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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TURELL STYLE RENOVATION
BE 1003.304.949
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BE 1023.308.725
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URSO ENTERPRISE
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Of 7,290 companies in sector 43350 we hold annual accounts for 2,358. 1,245 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-02-2022
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
43341Painting of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.