K41
ActiveSummary
K41 has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€94,778) and a net result of -€8,384. Equity is shrinking by about 14% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.5% (low).
Overview
- Equity
- -€94,778
- Loss
- -€8,384
Why 54raises riskCapped at 59: negative equityLatest accounts 31 days late; 1 of the last 3 lateNegative equity -€94,778lowers riskSize: total assets €605,059No main activity registeredShow the evidence
Checked score
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 11% on solvency, 41% on liquidity, 15% on profitability and 25% on growth.
The bankruptcy probability was computed on 18-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 7 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Liquidity more than doubledcurrent ratio 367.84
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00490129.
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €2,646 in 2025 against €4,602 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 1,167 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94.9% are still going.
- Small
- 5 to 10 years old
- negative equity
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,167 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €224 | €224 | €224 | €224 | €224 | €257 | €470 | ▲ 83.0% |
| Other operating charges640/8 | - | - | €868 | €3,275 | €3,077 | €778 | €528 | ▼ 32.2% |
| Gross operating margin9900 | €16,935 | -€4,626 | -€69,906 | -€5,750 | -€3,289 | -€3,567 | -€1,648 | ▲ 53.8% |
| Operating profit (loss)9901 | €14,431 | -€5,307 | -€70,998 | -€9,249 | -€6,590 | -€4,602 | -€2,646 | ▲ 42.5% |
| Financial income75/76B | - | - | - | €0 | - | - | - | - |
| Recurring financial income75 | - | - | - | €0 | - | - | - | - |
| Financial charges65/66B | - | - | €500 | €319 | €45 | €4,687 | €5,738 | ▲ 22.4% |
| Recurring financial charges65 | €11,883 | €4,452 | €500 | €319 | €45 | €4,687 | €5,738 | ▲ 22.4% |
| Profit (loss) for the period before taxes9903 | €2,548 | -€9,759 | -€71,498 | -€9,568 | -€6,635 | -€9,289 | -€8,384 | ▲ 9.7% |
| Income taxes67/77 | €812 | -€19 | - | - | - | - | - | - |
| Profit (loss) for the period9904 | €1,736 | -€9,740 | -€71,498 | -€9,568 | -€6,635 | -€9,289 | -€8,384 | ▲ 9.7% |
| Profit (loss) for the period to be appropriated9905 | €1,736 | -€9,740 | -€71,498 | -€9,568 | -€6,635 | -€9,289 | -€8,384 | ▲ 9.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.0m | €1.6m | €0.06m | €0.02m | €0.06m | €0.6m | €0.6m | ▲ 1.6% |
| Fixed assets21/28 | €0.001m | €0.001m | €448 | €224 | - | €0.002m | €0.002m | ▼ 22.5% |
| Tangible fixed assets22/27 | €0.001m | €0.001m | €448 | €224 | - | €0.002m | €0.002m | ▼ 22.5% |
| Plant, machinery and equipment23 | - | - | - | - | - | €0.002m | €0.002m | ▼ 22.5% |
| Furniture and vehicles24 | - | - | €448 | €224 | - | - | - | - |
| Current assets29/58 | €1.0m | €1.6m | €0.06m | €0.02m | €0.06m | €0.6m | €0.6m | ▲ 1.7% |
| Stocks and contracts in progress3 | €0.7m | €1.2m | - | - | - | €0.6m | €0.6m | ▲ 2.3% |
| Stocks30/36 | - | - | - | - | - | €0.6m | €0.6m | ▲ 2.3% |
| Amounts receivable within one year40/41 | €0.1m | €0.02m | €0.002m | €0.001m | €0.03m | €0.002m | - | - |
| Trade receivables40 | - | - | €0.002m | - | €0.03m | - | - | - |
| Other amounts receivable41 | - | - | €399 | €0.001m | €0.002m | €0.002m | - | - |
| Cash at bank and in hand54/58 | €0.2m | €0.4m | €0.06m | €0.02m | €0.03m | €0.004m | €0.003m | ▼ 35.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.0m | €1.6m | €0.06m | €0.02m | €0.06m | €0.6m | €0.6m | ▲ 1.6% |
| Equity10/15 | €0.02m | €0.01m | -€0.06m | -€0.07m | -€0.08m | -€0.09m | -€0.09m | ▼ 9.7% |
| Contributions10/11 | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €87 | €87 | €87 | €87 | €87 | €87 | €87 | = |
| Non-distributable reserves130/1 | - | - | €87 | €87 | €87 | - | - | - |
| Reserves not available under the articles1311 | - | - | €87 | €87 | €87 | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €87 | €87 | = |
| Profit (loss) carried forward14 | €0.002m | -€0.008m | -€0.08m | -€0.09m | -€0.1m | -€0.1m | -€0.1m | ▼ 8.0% |
| Amounts payable17/49 | €1.0m | €1.6m | €0.1m | €0.09m | €0.1m | €0.7m | €0.7m | ▲ 2.7% |
| Amounts payable after more than one year17 | €0.1m | €0.3m | €0.1m | €0.09m | €0.1m | €0.7m | €0.7m | ▲ 3.1% |
| Financial debts170/4 | - | - | €0.1m | €0.09m | €0.1m | €0.7m | €0.7m | ▲ 3.1% |
| Amounts payable within one year42/48 | €0.9m | €1.3m | €0.003m | €0.001m | €0.001m | €0.004m | €0.002m | ▼ 60.6% |
| Trade debts44 | €0.001m | €0.008m | €0.003m | €0.001m | €0.001m | €0.004m | €0.002m | ▼ 60.6% |
| Suppliers440/4 | - | - | €0.003m | €0.001m | €0.001m | €0.004m | €0.002m | ▼ 60.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,736 | -€9,740 | -€71,498 | -€9,568 | -€6,635 | -€9,289 | -€8,384 | ▲ 9.7% |
| + Depreciation and write-downs630 | €224 | €224 | €224 | €224 | €224 | €257 | €470 | ▲ 83.0% |
| Operating cash flow (approximation) | €1,960 | -€9,516 | -€71,274 | -€9,344 | -€6,411 | -€9,032 | -€7,913 | ▲ 12.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - | €0 | - |
| Change in cash | - | €181,645 | -€325,226 | -€42,833 | €15,152 | -€27,789 | -€1,459 | ▲ 94.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00490129 |
| 31-12-2024 | abbreviated format | 25-08-2025 | 2025-00405342 |
| 31-12-2023 | abbreviated format | 19-07-2024 | 2024-00269962 |
| 31-12-2022 | abbreviated format | 17-07-2023 | 2023-00247391 |
| 31-12-2021 | abbreviated format | 22-07-2022 | 2022-20219621 |
| 31-12-2020 | abbreviated format | 12-08-2021 | 2021-48900059 |
| 31-12-2019 | micro format | 17-08-2020 | 2020-41700178 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
28-03
Gazette deed
Resignations: Alain Bode (director) and Brigitte Deketelaere (director)Appointments: Alain Bode (director) and Brigitte Deketelaere (director) · Permanent representative: Alain Bode · Purpose change17 facts ▸
- General meeting, “buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
- Other provision, “onderwerping aan Wetboek van Vennootschappen en Verenigingen en behoud rechtsvorm, statuten aanpassen aan WVV en rechtsvorm besloten vennootschap behouden” (deed in Dutch)
- Other provision, “vrijstelling voorlezing en ontvangst bestuurdersverslag voorwerpwijziging, ontslag Voorzitter van voorlezing” (deed in Dutch)
- Purpose change
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles
- Capital
- Director resignation, Alain Bode (director)
- Director resignation, Brigitte Deketelaere (director)
- Director appointment, Alain Bode (director (not named in the articles))
- Director appointment, Brigitte Deketelaere (director (not named in the articles))
- Other provision, “beroepsverbod, geen beroepsverbod uitgesproken” (deed in Dutch) (2 times)
- +5 further facts in this act
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31037B0292/00N000 | Flanders | 2,449 m² | 1 · 195 m² | 8.6 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De aan-en verkoop,de ruiling,het bouwen of laten bouwen,verbouwen,het huren en verhuren,het valoriseren en beheren van allerhande onroerende…” (deed in Dutch)
11 activities (deed in Dutch)
- De aan-en verkoop,de ruiling,het bouwen of laten bouwen,verbouwen,het huren en verhuren,het valoriseren en beheren van allerhande onroerende goederen en de bemiddeling hierbij.
- Het verwerven,vervreemden en beheren van zowel roerende als onroerende goederen.
- Het verlenen van diensten en adviezen in de meest ruime zin van het woord aan bedrijven en ondernemingen van alle aard,onder meer op het vlak van administratie,management,bedrijfsorganisatie,promotie en informatica.
- Het waarnemen van de functie van bestuurder,manager of gemandateerde in ondernemingen en vennootschappen alsook bestuursmandaten en functie van vereffenaar in de meest ruime zin.
- Het nemen en beheren van belangen en participaties in ondernemingen en vennootschappen.
- Het in waarborg geven van activa voor eigen leningen of financieringen en voor financieringen van derden.
- Dit alles met uitdrukkelijke uitsluiting van vermogensbeheer en/of beleggingsadvies zoals bedoeld door de wet van 4 december 1990 en het Koninklijk Besluit van 5 augustus 1991.
- Het ter beschikking stellen van middelen tot de uitbating van een tandheelkundige inrichting,alsmede het uitbaten van een tandlabo.
- Al wat de tandheelkunde in het algemeen betreft,zoals het bevorderen van de mondhygiëne,de diagnose onder alle mogelijke vormen,de tandheelkundige verzorging,de verkoop en de plaatsing van tandprothesen,paradontale en praeprothetische ingrepen,radiografie en orthodontie.
- De vervaardiging en de herstelling van kunstgebitten en tandprotheses,gesurveyeerde partiële prothesen,orthodontie,skeletwerk,kroon-en brugwerk,gavanoplasic,porseleintechniek en attachementen
- De vennootschap zal in het algemeen alle commerciële,industriële,financiële,roerende of onroerende handelingen mogen verrichten,die rechtstreeks of onrechtstreeks verband houden met haar maatschappelijk voorwerp of die van aard zouden zijn het bereiken ervan geheel of gedeeltelijk te vergemakkelijken.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- K41
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, vestigen administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)“Vergoeding bestuurders, of mandaat al dan niet ten kosteloze titel wordt uitgeoefend” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden ten bezwarende en kosteloze titel,vrijwillig en gedwongen(uitsluiting en uittreding),in vruchtgebruik,blote…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte van nieuwe aandelen-Recht van voorkeur, tenzij vruchtgebruiker afziet van dit recht” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien geen andere vereffenaar benoemd, bestuurder(s) in functie krachtens statuten” (deed in Dutch)