KAMSTRA DESIGN

Active

Private limited companyfounded 20233 yrs activeLeuvensesteenweg 52, 3390 Tielt-Winge, BelgiumKBO/BCE: BE 0800.153.493

The computed 12-month bankruptcy probability of KAMSTRA DESIGN is 3.3% (moderate). The 2025 annual accounts show equity of €15k and a net result of €-6k. Its solvency ranks better than 16% of 27676 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

45 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability46▼-44

Solvency38▼-6

Growth32

Track record94

Bankruptcy probability, 12 months

3.3% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity short (current ratio 0.86 against 1.15 in 2024; short-term debt: 32.2% and cash: 10% of total assets), and 86.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

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 2025

Solvency, return and age of the figures

Solvency

13.3%

Return on assets

-5.2%

Age of the figures

15 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 27676 sector peers (2025).

NBB · sector comparison

Position among 27676 sector peers

Solvency

better than 16%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

40 d early

2024

35 d early

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close20-09-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€15k▼ 28.0%

2024 · €20k

2024: €20k

2024 → 2025

Total assets

€110k▲ 4.3%

2024 · €106k

2024: €106k

2024 → 2025

Net result

€-6k

2024 · €18k

2024: €18k

2024 → 2025

Working capital

€-5k

2024 · €4k

2024: €4k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€20k-€15k▼ 28.0%

Operating result€27k-€-2k

Net result€18k-€-6k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €2k after €27k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €110k

72.4%

27.6%

Fixed assets €80k▲ 9.8%

Current assets €30k▼ 7.8%

Equity and liabilities €110k

13.3%

86.7%

Equity €15k▼ 28.0%

Debt €96k▲ 11.9%

The debt ratio rises from 80.8% to 86.7%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€16k▼

2024 · €40k

Cash flow

€12k▼

2024 · €31k

Solvency

13.3%▼

2024 · 19.2%

Current ratio

0.86▼

2024 · 1.15

Quick ratio

0.70▼

2024 · 1.15

Debt / equity

6.52▲

2024 · 4.20

ROE

-38.8%▼

2024 · 87.7%

ROA

-5.2%▼

2024 · 16.9%

Interest coverage

4.08▼

2024 · 11.57

Debt

€96k▲

2024 · €85k

Debt ≤ 1 year

€35k▲

2024 · €29k

Debt > 1 year

€54k▼

2024 · €54k

Income taxes

€1▼

2024 · €6k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€106k€110k▲

Fixed assets21/28€73k€80k▲

Tangible fixed assets22/27€73k€80k▲

Land and buildings22€8k€7k▼

Plant, machinery and equipment23€4k€3k▼

Furniture and vehicles24€3k€25k▲

Leasing and similar rights25€59k€45k▼

Current assets29/58€33k€30k▼

Stocks and contracts in progress3-€6k

Stocks30/36-€6k

Amounts receivable within one year40/41€13k€12k▼

Trade receivables40€10k€3k▼

Other amounts receivable41€3k€9k▲

Cash at bank and in hand54/58€19k€11k▼

Deferred charges and accrued income490/1€1k€2k▲

Equity and liabilities

Total equity and liabilities10/49€106k€110k▲

Equity10/15€20k€15k▼

Contributions10/11€3k€3k=

Reserves13€18k€18k=

Distributable reserves133€18k€18k=

Profit (loss) carried forward14-€-6k

Amounts payable17/49€85k€96k▲

Amounts payable after more than one year17€54k€54k▼

Financial debts170/4€54k€54k▼

Amounts payable within one year42/48€29k€35k▲

Current portion of amounts payable after more than one year42€11k€18k▲

Trade debts44€9k€7k▼

Suppliers440/4€9k€7k▼

Taxes, remuneration and social security45€6k€48▼

Taxes450/3€6k€48▼

Other amounts payable47/48€4k€10k▲

Accrued charges and deferred income492/3€2k€6k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€18k▲

Other operating charges640/8€842€2k▲

Non-recurring operating charges66A-€206

Gross operating margin9900€41k€19k▼

Operating profit (loss)9901€27k€-2k▼

Financial income75/76B€3€140▲

Recurring financial income75€3€140▲

Financial charges65/66B€3k€4k▲

Recurring financial charges65€3k€4k▲

Profit (loss) for the period before taxes9903€23k€-6k▼

Income taxes67/77€6k€1▼

Profit (loss) for the period9904€18k€-6k▼

Profit (loss) for the period to be appropriated9905€18k€-6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€18k€-6k▼

Transfer to equity691/2€18k-

To other reserves6921€18k-

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-01-2027

2025

22-12

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2024

27-12

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Tielt-Winge · 1 establishment unit since 2023

establishment The establishment unit on the map

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.

Leuvensesteenweg 523390 Tielt-Winge

Ground area

1,728 m²

Building footprint

243 m²

Volume, LiDAR

1,049 m³

Parcel 24106C0459/00D002, Flanders · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

Leuvensesteenweg 52, 3390 Tielt-Winge

Raising of horses and other equines

since 20232.344.161.386

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24106C0459/00D002	Flanders	1,728 m²	1 · 243 m²	5.9 m · 1 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.

Similar companies · same sector, comparable size

Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 5,496 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded30-03-2023

Fiscal year end30-06

Activities, NACEBEL

43320Joinery installation

33140Repair and maintenance of electrical equipment

43240Other construction installation

43299Specialised construction activities

43350Other building finishing work

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.