KAAN
ActiveThe computed 12-month bankruptcy probability of KAAN is 2.1% (moderate). The 2024 annual accounts show equity of €172k and a net result of €75k. Equity is growing by ~60.5% per year across the filed fiscal years. Its solvency ranks better than 72% of 9981 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+11
Solvency88▲+11
Growth78=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days only on tighter terms
Liquidity ample (current ratio 2.37 against 2.14 in 2023; short-term debt: 29.2% and cash: 13.5% of total assets), and 37% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-11-2025, 113 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
113 d late
2023
17 d early
2022
30 d late
2021
16 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€77k
EBIT margin
25.9%
Net result
€75k▲ 154%
2023 · €29k
2021: €19k
2022: €49k
2023: €29k
2021 → 2024
Working capital
€109k▲ 93.8%
2023 · €56k
2021: €11k
2022: €54k
2023: €56k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€77k-
Equity€19k-€68k▲ 257%€97k▲ 43.4%€172k▲ 77.0%
Operating result€20k-€50k▲ 152%€46k▼ 9.4%€94k▲ 105%
Net result€19k-€49k▲ 158%€29k▼ 39.8%€75k▲ 154%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 105% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €273k
Fixed assets
€84k▲ 5.1%
Current assets
€189k▲ 78.8%
Equity and liabilities €273k
Equity
€172k▲ 77.0%
Debt
€101k▲ 14.0%
The debt ratio falls from 47.7% to 37.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€111k▲
2023 · €59k
Cash flow
€92k▲
2023 · €43k
Solvency
63.0%▲
2023 · 52.3%
Current ratio
2.37▲
2023 · 2.14
Quick ratio
2.37▲
2023 · 2.14
Debt / equity
0.59▼
2023 · 0.91
ROE
43.5%▲
2023 · 30.3%
ROA
27.4%▲
2023 · 15.8%
Interest coverage
20.74▲
2023 · 7.69
Debt
€101k▲
2023 · €89k
Debt ≤ 1 year
€80k▲
2023 · €49k
Debt > 1 year
€21k▼
2023 · €39k
Income taxes
€13k▲
2023 · €8k
Staff costs
€45k▲
2023 · €13k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€186k€273k▲
Fixed assets21/28€80k€84k▲
Tangible fixed assets22/27€80k€84k▲
Plant, machinery and equipment23€26k€23k▼
Furniture and vehicles24€54k€61k▲
Current assets29/58€105k€189k▲
Amounts receivable within one year40/41€73k€151k▲
Trade receivables40€7k€31k▲
Other amounts receivable41€66k€120k▲
Cash at bank and in hand54/58€32k€37k▲
Deferred charges and accrued income490/1€354€645▲
Equity and liabilities
Total equity and liabilities10/49€186k€273k▲
Equity10/15€97k€172k▲
Contributions10/11€1€1=
Profit (loss) carried forward14€97k€172k▲
Amounts payable17/49€89k€101k▲
Amounts payable after more than one year17€39k€21k▼
Financial debts170/4€39k€21k▼
Amounts payable within one year42/48€49k€80k▲
Current portion of amounts payable after more than one year42€26k€21k▼
Financial debts43€15k-
Credit institutions430/8€15k-
Trade debts44€8k€48k▲
Suppliers440/4€8k€48k▲
Taxes, remuneration and social security45-€10k
Remuneration and social security454/9-€10k
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€86k€244k▲
Remuneration, social security and pensions62€13k€45k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€17k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€73k€158k▲
Operating profit (loss)9901€46k€94k▲
Financial income75/76B€4€0▼
Recurring financial income75€4€0▼
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Non-recurring financial charges66B€372-
Profit (loss) for the period before taxes9903€38k€88k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€29k€75k▲
Profit (loss) for the period to be appropriated9905€29k€75k▲
Appropriation of the result
Profit (loss) to be appropriated9906€97k€172k▲
Profit (loss) brought forward from the previous period14P€68k€97k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 113 days late
2024
31-12
Financial
Highest result since 2021net €75k ▲154%
Operating result €94k, net result €75k, both a record.
31-12
Financial
Equity above €150kEq €172k ▲77%
4 profitable years in a row build equity to €172k.
14-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 5.50
Current ratio from 1.87 to 5.50; short-term debt falls from €12k to €12k.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Temse · 1 establishment unit since 2021
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.
Schuttershof 209140 TemseGround area
504 m²
Building footprint
81 m²
Volume, LiDAR
458 m³
Parcel 46008A1370/00A002, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KAAN
since 20212.312.062.603
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46008A1370/00A002 | Flanders | 504 m² | 1 · 80 m² | 7.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
1 categoryKAAN BV46213
Similar companies · same sector, comparable size
MV Constructions
BE 0729.519.974
Alveringem · Eq €172k
EDDY CLAEYS
BE 0475.743.428
Bredene · Eq €172k
ENTREPRISE Serge EUGENE
BE 0439.569.653
Namur · Eq €172k
BOUWWERKEN VANSTEENHUYSE SANDRINO
BE 0887.308.191
Ieper · Eq €172k
Brojects
BE 0768.777.755
Niel · Eq €172k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,382 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
42219Civil engineering
43320Joinery installation
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:administratie@asiyegiktekin.be