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K10 Production

Active
Private limited companyfounded 2021active for 5 yearsSteenweg Weelde 96, 2382 Ravels, BelgiumKBO/BCE: BE 0776.666.231
Summary

The computed 12-month bankruptcy probability of K10 Production is 1.7% (moderate). The 2025 annual accounts show equity of €13,594 and a net result of €21,311. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 14% of 9,895 sector peers (NACE 43, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 29-10-2021 Normal situation
Activity
Joinery installation NACE 43320and 1 other
Establishment unit
2.324.830.573 since 29-10-2021
Financial year end
31 December
Peppol
Reachable since 03-01-2026

Board and ownership

Board

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€27,213
Turnover
≈ €160,000
estimated
Profit
€21,311
Equity
€13,594
▲ 314%
Total assets
€105,484
▲ 32×
Score breakdownraises riskFounded in 2021Sector: Specialised construction activities (NACE 43)Liquidity: current ratio 1.14, cash €1,715lowers riskFigures for financial year 2025 (filed on 30-06-2026)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 49% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 38-62
equity 12.9% of total assets
Liquidity 4-96
short-term debt 87.1% · cash 1.6%
Profitability 94+94
return on assets 20.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.7%▼ -0.1 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025 07-2025: 0.6%▼ -0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025 09-2025: 0.4%▼ -0.5 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025lowest value 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.5%▲ +0.1 percentage points vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.5%● unchanged vs 07-2026 09-2026: 0.7%▲ +0.2 percentage points vs 08-2026 10-2026: 1.7%▲ +1.0 percentage point vs 09-2026highest value 11-2026: 1.7%● unchanged vs 10-2026highest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.14, below the usual 1.5. Short-term debt is 87.1% and cash 1.6% of total assets. 87.1% of the assets are financed with debt and provisions.
Calculation

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 16% of them on solvency, 4% on liquidity, 80% on profitability and 97% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 1.14, cash €1,715
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-06-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9895 sector peers (2025).
NBB · sector comparison
Position among 9895 sector peers
Solvency
better than 14%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year €13,594
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 30-06-2026, 31 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
31 days early
2024
22 days late
2023
9 days early
2022
13 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 8 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.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 July (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 89% of companies in specialised constructionsector median €251,290 · 9,897 companies €13,594 View

Recent changes

  1. · Gazette deed Resignation: BV Meti Cars (director)
  2. · Gazette deed Resignation: GuyM BV (director)Permanent representative: Marcelissen Guy · Appointment: Behxheti Mergim (director)
  3. · Gazette deed Incorporation
All 11 events

Comparable companies

These companies have the same main activity as K10 Production: joinery installation (NACE 43320). They are comparable in size and age: total assets between €87,700 and €115,000, founded between 2021 and 2022.

CompanyTotal assetsGross margin
K10 Production Ravels€105,484€27,213
Smits Interieur Atelier Grobbendonk€111,393€31,240
Leenaerts-HCC Wuustwezel€104,157€26,948
VeHu Essen€94,966€24,186
BinnenSchrijnwerk Snels Rijkevorsel€87,696€23,928
Carpentarius Wuustwezel€94,299€23,996
Stal de Kaaibeek Westerlo€115,027€32,805
Full comparison

Key facts about K10 Production

What is the company number of K10 Production?
The company number of K10 Production is 0776.666.231. The VAT number is the same number with BE in front: BE 0776.666.231.
Where is K10 Production based?
The registered office is at Steenweg Weelde 96, 2382 Ravels.Company details
What does K10 Production do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of K10 Production?
The legal form of K10 Production is Private limited company (BV).
When was K10 Production founded?
K10 Production was founded on 29-10-2021.
Is K10 Production still active?
Yes, K10 Production is an active enterprise in the KBO register.
What is the turnover of K10 Production?
The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €27,213 and 45 comparable companies (NACE 43320). It probably lies between €120,000 and €260,000.Financials
Is K10 Production profitable?
In financial year 2025, K10 Production made a profit of €21,311.
Where can I find the annual accounts of K10 Production?
K10 Production filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of K10 Production due?
K10 Production must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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