K - TEAM
ActiveSummary
The computed 12-month bankruptcy probability of K - TEAM is 5.9% (elevated). For K - TEAM, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€43,462) and a net result of €1,334. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 5% of 6663 sector peers (fiscal year 2021). The company has been active since 1993 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability92▼-8
Solvency0=
Growth72=
Track record92
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2021Solvency, return and age of the figures
Solvency
-715.5%
Return on assets
22%
Age of the figures
60 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-09-2022 close30-04-2023 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 18-07-2022, 79 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
79 d late
2020
31 d late
2019
88 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 66 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Late accounts filing
History
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Financials · fiscal year 2021, full schema
Turnover
€8,881▼ 17.0%
2020 · €10,696
EBIT margin
16.5%▼ 19.1pp
2020 · 35.6%
Net result
€1,334▼ 63.4%
2020 · €3,643
Working capital
-€43,115▲ 3.8%
2020 · -€44,797
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Turnover€3,818-€5,570▲ 45.9%€10,696▲ 92.0%€8,881▼ 17.0%
Operating result-€7,557--€4,815▲ 36.3%€3,808€1,464▼ 61.6%
Net result-€7,884--€5,367▲ 31.9%€3,643within the sector's middle half€1,334below the sector's middle half▼ 63.4%
EBIT margin-197.9%--86.4%▲ 111.5pp35.6%▲ 122.0pp16.5%▼ 19.1pp
Equity-€43,073--€48,440▼ 12.5%-€44,797below the sector's middle half▲ 7.5%-€43,462below the sector's middle half▲ 3.0%
Total assets€3,587-€3,499▼ 2.4%€5,471below the sector's middle half▲ 56.4%€6,074below the sector's middle half▲ 11.0%
Debt€46,659-€51,939▲ 11.3%€50,267▼ 3.2%€49,537▼ 1.5%
Working capital-€43,073--€48,440▼ 12.5%-€44,797below the sector's middle half▲ 7.5%-€43,115below the sector's middle half▲ 3.8%
Solvency-818.8%below the sector's middle half-715.5%below the sector's middle half▲ 103.3pp
Current ratio0.11below the sector's middle half0.12below the sector's middle half▲ 0.01
Return on assets (ROA)66.6%above the sector's middle half22.0%above the sector's middle half▼ 44.6pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 62% below 2020.
Key figures and ratios
Debt to equity
-1.14
Debt ≤ 1 year
€49,189▼
2020 · €50,267
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Turnover70 | €3,818 | €5,570 | €10,696 | €8,881 | ▼ 17.0% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €7,070 | - |
| Other operating charges640/8 | - | - | - | €348 | - |
| Gross operating margin9900 | -€6,929 | -€4,182 | €4,155 | €1,811 | ▼ 56.4% |
| Operating profit (loss)9901 | -€7,557 | -€4,815 | €3,808 | €1,464 | ▼ 61.6% |
| Financial charges65/66B | - | - | - | €129 | - |
| Recurring financial charges65 | €154 | €156 | €164 | €129 | ▼ 21.3% |
| Profit (loss) for the period before taxes9903 | -€7,710 | -€4,971 | €3,643 | €1,334 | ▼ 63.4% |
| Income taxes67/77 | €174 | €397 | - | - | - |
| Profit (loss) for the period9904 | -€7,884 | -€5,367 | €3,643 | €1,334 | ▼ 63.4% |
| Profit (loss) for the period to be appropriated9905 | -€7,884 | -€5,367 | €3,643 | €1,334 | ▼ 63.4% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €3,587 | €3,499 | €5,471 | €6,074 | ▲ 11.0% |
| Current assets29/58 | €3,587 | €3,499 | €5,471 | €6,074 | ▲ 11.0% |
| Amounts receivable within one year40/41 | €3,432 | €3,017 | €2,900 | €3,175 | ▲ 9.5% |
| Trade receivables40 | - | - | - | €1,647 | - |
| Other amounts receivable41 | - | - | - | €1,528 | - |
| Cash at bank and in hand54/58 | €154 | €482 | €2,571 | €2,899 | ▲ 12.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €3,587 | €3,499 | €5,471 | €6,074 | ▲ 11.0% |
| Equity10/15 | -€43,073 | -€48,440 | -€44,797 | -€43,462 | ▲ 3.0% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | - | - | €18,592 | - |
| Issued capital100 | - | - | - | €18,592 | - |
| Reserves13 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | - |
| Legal reserve130 | - | - | - | €1,859 | - |
| Profit (loss) carried forward14 | -€63,524 | -€68,891 | -€65,248 | -€63,914 | ▲ 2.0% |
| Amounts payable17/49 | €46,659 | €51,939 | €50,267 | €49,537 | ▼ 1.5% |
| Amounts payable within one year42/48 | €46,659 | €51,939 | €50,267 | €49,189 | ▼ 2.1% |
| Trade debts44 | - | €276 | €703 | €1,483 | ▲ 111% |
| Suppliers440/4 | - | - | - | €1,483 | - |
| Advances received on contracts in progress46 | - | - | - | €581 | - |
| Taxes, remuneration and social security45 | - | - | - | €49 | - |
| Taxes450/3 | - | - | - | €49 | - |
| Other amounts payable47/48 | - | - | - | €47,076 | - |
| Accrued charges and deferred income492/3 | - | - | - | €348 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,884 | -€5,367 | €3,643 | €1,334 | ▼ 63.4% |
| Operating cash flow (approximation) | -€7,884 | -€5,367 | €3,643 | €1,334 | ▼ 63.4% |
| Change in cash | - | €328 | €2,089 | €329 | ▼ 84.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
28-08
KBO administration
Late accounts filing
event 18-08-2026
2022
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 79 days late
2021
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
30-09
Financial
Back to profitnet €3,643
Net result €3,643 after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 88 days late
2019
15-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 3 days late
2016
31-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
31-05
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
31-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 92 days late
2013
13-05
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 13 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 1993
Ground area
2,014 m²
Building footprint
65 m²
Volume, LiDAR
392 m³
Parcel 92043A0518/00A000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Emile Mazy(FW) 2, 5020 Namur
since 19932.064.349.743
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92043A0518/00A000 | Wallonia | 2,013 m² | 1 · 65 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,512 companies in sector 47540 we hold annual accounts for 806. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded11-08-1993
Fiscal year end30-09
Activities, NACEBEL 2025
47540Retail sale of electrical household appliances
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.