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Complete company report
Generated 27-06-2026
Active BE 0776.991.675Private limited companyOpen bankruptcy

KAPS

Blaarstraat 188 ·3700 Tongeren-Borgloon, Belgium· 4 yrs active
Sector: NACE 13990 (13990)
Conclusion Checked

A bankruptcy procedure is open for KAPS according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €25k and a net result of €-7k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €25k
Net result €-7k
Staff (FTE) 1.2
Active 4 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability0Solvency22Growth32Stability0
11 / 100

Fragile profile — watch health in particular.

Health 0
Profitability 0
Solvency 22
Growth 32
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2023 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 03-01-2025 with the NBB · fiscal year 2023 · micro
€-20k€0€20k€40kOperating result 2022: €35k€35kNet result 2022: €27k€27kOperating result 2023: €-3k€-3kNet result 2023: €-7k€-7k20222023
Operating resultNet result
EBITDA
€4k
-91.1% 22–23
Net profit
€-7k
— 22–23
Cash flow
€587
-98.3% 22–23
Total assets
€161k
+18.1% 22–23
Equity
€25k
-21.2% 22–23
Working capital
€5k
+14.6% 22–23
Employees (FTE)
1
+100.0% 22–23
Staff costs
€40k
+63.8% 22–23
Income taxes
€1k
-84.9% 22–23
Debt
€136k
+30.1% 22–23
Debt ≤ 1y
€136k
+30.1% 22–23
Current ratio
1.03
-0.4% 22–23
Quick ratio
0.85
+4.8% 22–23
Solvency
15.6%
-33.3% 22–23
Debt / equity
5.41
+65.2% 22–23
ROE
-26.9%
— 22–23
ROA
-4.2%
— 22–23
Interest coverage
0.77
-97.9% 22–23
Figures by fiscal year
Fiscal year2023
Revenue—
EBITDA€4k
Net profit€-7k
Cash flow€587
Staff costs€40k
Income taxes€1k
Dividends—
Total assets€161k
Equity€25k
Debt€136k
of which ≤ 1y€136k
of which > 1y—
Working capital€5k
Employees (FTE)1.2
Ratios (computed)
2023
Current ratio1.03
Quick ratio0.85
Working capital ratio2.9%
Solvency15.6%
Debt / equity5.41
Long-term debt ratio—
Interest coverage0.77
Gross margin—
Net margin—
ROA-4.2%
ROE-26.9%
EBITDA margin—
Days sales outstanding—
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet — Assets
TOTAL ASSETS 20/58€161k
Fixed assets 21/28€21k
Tangible fixed assets 22/27€21k
Current assets 29/58€141k
Stocks & contracts in progress 3€25k
Amounts receivable within one year 40/41€108k
Cash & bank 54/58€6k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€161k
Equity 10/15€25k
Contributions / capital 10/11€5k
Reserves 13€20k
Amounts payable 17/49€136k
Amounts payable within one year 42/48€136k
Trade debts payable within one year 44€53k
Income statement
Gross operating margin 9900€54k
Operating result 9901€-3k
Financial income 75€3k
Financial charges 65€5k
Result before taxes 9903€-5k
Income taxes 67/77€1k
Net result for the period 9904€-7k
Result to be appropriated 9905€-7k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator ILSE VRANKEN
KUNSTLAAN 10 BUS A01, 3500 HASSELT
 13-03-2025 → present Belgian State Gazette
Legal Structure
NACE primary 13990
Legal form Private limited company(610)
Incorporation09-11-2021
StatusActive
Postal code3700
First BS signal 19-03-2025
Latest BS signal 19-03-2025
Company structure — linked entities1 linked entities
KAPSBE 0776.991.675ILSE VRANKENReceiver ↔ 76IMERAIMAGINE GLASS & A…JORON PROJECTS
Mandates
↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units 1 location
KAPS
Textielveredeling
since 20212.326.284.385
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73003C0417/00T002 Flanders 874 m² 1 · 116 m² 10.4 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates 3 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
19-03-2025
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · KAPS BV BLAARSTRAAT 188, 3700 TONGEREN-BORGLOON · event 13-03-2025
03-01-2025
NBB filing Annual accounts filed
fiscal year 2023 · micro
03-01-2025
NBB filing Annual accounts filed
fiscal year 2022 · micro
Lifecycle & Insolvency Signals 1 events
19-03-2025
Bankruptcy Opening
Date: 13-03-2025 · Ondernemingsrechtbank Antwerpen, afdeling Hasselt · KAPS BV BLAARSTRAAT 188, 3700 TONGEREN-BORGLOON · Publications in State Gazette ↗
Time machine — BS events + macro context 2021 — 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-03-19 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Vervaardiging van andere textielproducten, n.e.g.13990Vervaardiging van andere textielproducten, neg13990Textielveredeling13300Textielveredeling13300Detailhandel in kledingaccessoires in gespecialiseerde winkels47715Detailhandel in kledingaccessoires47715Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires in gespecialiseerde winkels (algemeen assortiment)47716Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)47716Detailhandel in schoeisel in gespecialiseerde winkels47721Detailhandel in schoeisel47721Activiteiten van grafische designers74103Grafisch ontwerp en visuele communicatie74120
Primary activity highlighted.
Names & trade names
Legal nameNL KAPS
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative