K&T
Open bankruptcyA bankruptcy procedure is open for K&T according to publications in the Belgian State Gazette. The 2017 annual accounts show equity of €5k and a net result of €890.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2017, micro schema
Equity
€5k▲ 24.2%
2016 · €4k
2013: €554
2014: €197
2015: €2k
2016: €4k
2013 → 2017
Total assets
€81k▼ 53.7%
2016 · €176k
2013: €554
2014: €26k
2015: €46k
2016: €176k
2013 → 2017
Net result
€890▼ 48.7%
2016 · €2k
2013: €-1k
2014: €-357
2015: €2k
2016: €2k
2013 → 2017
Working capital
€14k▲ 9.2%
2016 · €13k
2014: €197
2015: €2k
2016: €13k
2014 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20132014201520162017Trend
Equity€554-€197▼ 64.5%€2k▲ 890%€4k▲ 89.1%€5k▲ 24.2%
Operating result€-1k-€-181▲ 87.5%€2k€3k▲ 76.4%€2k▼ 50.4%
Net result€-1k-€-357▲ 75.3%€2k€2k▼ 0.9%€890▼ 48.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2017; 2017 is 50% below 2016.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €81k
Fixed assets
€203▼ 61.7%
Current assets
€81k▼ 53.7%
Equity and liabilities €81k
Equity
€5k▲ 24.2%
Debt
€77k▼ 55.4%
The debt ratio falls from 97.9% to 94.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2k▼
2016 · €4k
Cash flow
€1k▼
2016 · €2k
Solvency
5.6%▲
2016 · 2.1%
Current ratio
1.22▲
2016 · 1.08
Quick ratio
0.73▼
2016 · 0.88
Debt / equity
2.19▼
2016 · 2.72
ROE
19.5%▼
2016 · 47.1%
ROA
1.1%▲
2016 · 1.0%
Debt
€77k▼
2016 · €172k
Debt ≤ 1 year
€67k▼
2016 · €162k
Debt > 1 year
€10k=
2016 · €10k
Income taxes
€622▲
2016 · €570
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 · 2017 against 2016
Balance sheet
Code20162017
Assets
Total assets20/58€176k€81k▼
Fixed assets21/28€529€203▼
Tangible fixed assets22/27€529€203▼
Current assets29/58€175k€81k▼
Stocks and contracts in progress3€32k€32k=
Amounts receivable within one year40/41€137k€44k▼
Cash at bank and in hand54/58€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€176k€81k▼
Equity10/15€4k€5k▲
Contributions10/11€2k€2k=
Reserves13€2k€3k▲
Profit (loss) carried forward14€-2k€-53▲
Amounts payable17/49€172k€77k▼
Amounts payable after more than one year17€10k€10k=
Amounts payable within one year42/48€162k€67k▼
Trade debts44€126k€30k▼
Income statement
Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€327€327=
Gross operating margin9900€8k€2k▼
Operating profit (loss)9901€3k€2k▼
Recurring financial income75€3-
Recurring financial charges65€1k€198▼
Profit (loss) for the period before taxes9903€2k€2k▼
Income taxes67/77€570€622▲
Profit (loss) for the period9904€2k€890▼
Profit (loss) for the period to be appropriated9905€2k€890▼
Timeline · acts, filings and financial milestones
2019
11-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · K&T BVBA RIJKSWEG 38B, 3630 MAASMECHELEN · event 05-02-2019
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 136 days late
2017
05-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 66 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
19-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 111 days late
2014
30-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 91 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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 2012
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
1,636 m²
Building footprint
362 m²
Volume, LiDAR
704 m³
2 parcels, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
K&T
since 20122.217.146.717
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73043A0689/00H000 | Flanders | 962 m² | 1 · 252 m² | - |
| 73045A0091/00D000 | Flanders | 674 m² | 1 · 110 m² | 10.9 m · 3 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | TOM ARTS JAARBEURSLAAN 19, 3600 GENK- |
05-02-2019 → present |
| Curator | GEERT RENIERS JAARBEURSLAAN 19,
3600 GENK |
05-02-2019 → present |
Similar companies · same sector, comparable size
Ekliptika
BE 1012.662.578
De Haan · Eq €4k
M-Viande
BE 1002.145.206
Diksmuide · Eq €5k
DEMOLDER J.
BE 0816.729.112
Oostende · Eq €4k
La Ferme Toulousaine
BE 0716.699.544
La Hulpe · Eq €7k
Foodstuff MKS
BE 0797.652.675
Blankenberge · Eq €3k
Of 756 companies in sector 46321 we hold annual accounts for 551. 68 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded05-11-2012
Fiscal year end31-12
Activities, NACEBEL
46321Wholesale of meat and meat products, excluding game and poultry
47221Retail sale of meat and meat products, excluding game and poultry
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.