K & Y
ActiveSummary
K & Y has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €328k and a net result of €28k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 4654 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 6.11 against 1.08 in 2024; short-term debt: 2.2% and cash: 0.5% of total assets), and 2.2% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.8%
Return on assets
8.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
60 d late
2023
153 d late
2021
145 d early
2020
185 d late
2019
85 d late
2018
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€328k▲ 9.3%
2024 · €300k
Total assets
€335k▼ 12.3%
2024 · €382k
Net result
€28k▼ 39.1%
2024 · €46k
Working capital
€37k▲ 439%
2024 · €7k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202320242025
Operating result€37k▲ 13.7%€26k▼ 30.7%€33k-€71k▲ 117%€41k▼ 41.6%
Net result€25k▲ 24.3%€17k▼ 29.8%€27k-€46k▲ 68.6%€28k▼ 39.1%
Equity€182k▲ 15.6%€200k▲ 9.5%€255k-€300k▲ 18.0%€328k▲ 9.3%
Total assets€397k▲ 4.3%€398k▲ 0.3%€343k-€382k▲ 11.4%€335k▼ 12.3%
Debt€214k▼ 3.6%€198k▼ 7.5%€89k-€82k▼ 7.6%€7k▼ 91.2%
Working capital€-122k▲ 30.3%€-94k▲ 22.9%€-65k-€7k€37k▲ 439%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €335k
Fixed assets
€291k ▼ 0.8%
Current assets
€44k ▼ 50.3%
Equity and liabilities €335k
Equity
€328k ▲ 9.3%
Debt
€7k ▼ 91.2%
Debt's share of the balance-sheet total falls from 21.5% to 2.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€89k▼
2024 · €117k
Cash flow
€76k▼
2024 · €92k
Current ratio
6.11▲
2024 · 1.08
Debt to equity
0.02▼
2024 · 0.27
ROE
8.5%▼
2024 · 15.2%
ROA
8.3%▼
2024 · 12.0%
Interest coverage
132.86▲
2024 · 115.92
Debt ≤ 1 year
€7k▼
2024 · €82k
Income taxes
€13k▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32k | €35k | €44k | €46k | €48k | ▲ 4.1% |
| Other operating charges640/8 | - | - | €11k | €12k | €13k | ▲ 4.3% |
| Non-recurring operating charges66A | - | - | - | €3k | - | - |
| Gross operating margin9900 | €91k | €72k | €87k | €132k | €102k | ▼ 22.9% |
| Operating profit (loss)9901 | €37k | €26k | €33k | €71k | €41k | ▼ 41.6% |
| Financial income75/76B | - | - | - | €3 | €0 | ▼ 90.6% |
| Recurring financial income75 | €755 | - | - | €3 | €0 | ▼ 90.6% |
| Financial charges65/66B | - | - | €658 | €1k | €670 | ▼ 33.4% |
| Recurring financial charges65 | €3k | €2k | €658 | €1k | €670 | ▼ 33.4% |
| Profit (loss) for the period before taxes9903 | €35k | €23k | €32k | €70k | €41k | ▼ 41.7% |
| Income taxes67/77 | €11k | €6k | €5k | €24k | €13k | ▼ 46.6% |
| Profit (loss) for the period9904 | €25k | €17k | €27k | €46k | €28k | ▼ 39.1% |
| Profit (loss) for the period to be appropriated9905 | €25k | €17k | €27k | €46k | €28k | ▼ 39.1% |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €397k | €398k | €343k | €382k | €335k | ▼ 12.3% |
| Fixed assets21/28 | €344k | €315k | €320k | €293k | €291k | ▼ 0.8% |
| Tangible fixed assets22/27 | €344k | €315k | €320k | €293k | €291k | ▼ 0.8% |
| Land and buildings22 | - | - | €254k | €233k | €225k | ▼ 3.5% |
| Plant, machinery and equipment23 | - | - | €6k | €3k | €1k | ▼ 54.3% |
| Furniture and vehicles24 | - | - | €61k | €57k | €65k | ▲ 13.4% |
| Current assets29/58 | €52k | €82k | €23k | €89k | €44k | ▼ 50.3% |
| Amounts receivable within one year40/41 | €48k | €80k | €23k | €89k | €35k | ▼ 60.6% |
| Trade receivables40 | - | - | €10k | €70k | €27k | ▼ 61.0% |
| Other amounts receivable41 | - | - | €14k | €19k | €8k | ▼ 58.7% |
| Cash at bank and in hand54/58 | - | - | - | - | €2k | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €8k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €397k | €398k | €343k | €382k | €335k | ▼ 12.3% |
| Equity10/15 | €182k | €200k | €255k | €300k | €328k | ▲ 9.3% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | - | €62k | €62k | €62k | = |
| Issued capital100 | - | - | €62k | €62k | €62k | = |
| Reserves13 | €120k | €137k | €165k | €165k | €193k | ▲ 16.9% |
| Non-distributable reserves130/1 | - | - | €6k | €6k | €6k | = |
| Legal reserve130 | - | - | €6k | €6k | €6k | = |
| Distributable reserves133 | - | - | €159k | €159k | €187k | ▲ 17.5% |
| Profit (loss) carried forward14 | €54 | €329 | €27k | €73k | €73k | = |
| Amounts payable17/49 | €214k | €198k | €89k | €82k | €7k | ▼ 91.2% |
| Amounts payable after more than one year17 | €35k | €13k | - | - | - | - |
| Amounts payable within one year42/48 | €174k | €177k | €89k | €82k | €7k | ▼ 91.2% |
| Current portion of amounts payable after more than one year42 | - | - | €2k | €2k | - | - |
| Financial debts43 | - | - | €6k | - | - | - |
| Credit institutions430/8 | - | - | €6k | - | - | - |
| Trade debts44 | €101k | €17k | €8k | €14k | €7k | ▼ 49.4% |
| Suppliers440/4 | - | - | €8k | €14k | €7k | ▼ 49.4% |
| Taxes, remuneration and social security45 | - | - | €10k | €24k | €266 | ▼ 98.9% |
| Taxes450/3 | - | - | €10k | €24k | €266 | ▼ 98.9% |
| Other amounts payable47/48 | - | - | €62k | €42k | - | - |
| Line | 2020 | 2021 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25k | €17k | €27k | €46k | €28k | ▼ 39.1% |
| + Depreciation and write-downs630 | €32k | €35k | €44k | €46k | €48k | ▲ 4.1% |
| Operating cash flow (approximation) | €57k | €53k | €71k | €92k | €76k | ▼ 17.5% |
| Investment in fixed assets (approximation) | - | €-6k | - | €-19k | €-45k | ▼ 135% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 6current ratio 6.11
Current ratio from 1.08 to 6.11; short-term debt falls from €82k to €7k.
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Highest result since 2018net €46k ▲68.6%
Operating result €71k, net result €46k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 1.08
Current ratio from 0.26 to 1.08; short-term debt falls from €89k to €82k.
31-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 153 days late
2023
31-12
Financial
Equity above €200kEq €255k ▲27.6%
5 profitable years in a row build equity to €255k.
2022
08-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 185 days late
2020
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 85 days late
2019
31-12
Financial
Equity above €150kEq €158k ▲14.3%
2 profitable years in a row build equity to €158k.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
22-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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
Registered office, Niel · 1 establishment unit since 1995
Ground area
2,279 m²
Building footprint
1,104 m²
Volume, LiDAR
5,506 m³
Parcel 11030B0063/00K000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
K & Y
since 19952.073.138.636
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11030B0063/00K000 | Flanders | 2,279 m² | 1 · 1,104 m² | 7.7 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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Of 12,585 companies in sector 49410 we hold annual accounts for 8,198. 5,748 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded23-08-1995
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
81100Combined facilities support activities
Scores and ratios are computed by Checked and are not a credit decision.