Equity
€120,294 ▲ 52.4%
KASA CONSTRUCT paid out €30,000 in dividends. That is 42% of the 2025 profit.
KASA CONSTRUCT
Lifetime
5 annual accounts with figures on one time axisGross marginpeak €110,707 (2025)
€110,707▲ 125%
Resultpeak €71,352 (2025)
€71,352▲ 147%
Equitypeak €120,294 (2025)
€120,294▲ 52.4%
Debts
€414,609▲ 147%
Board2 names since 2021
1 directorAbdelmoumni Kamal
Documentsfilings and deeds
09-09-202640 days late
2025micro format
Gross margin from €49,278 to €110,707Result from €28,905 to €71,352Dividend €30,000Equity from €78,942 to €120,294Debts from €167,804 to €414,609Cash from €22,709 to €78,356
Key points
from the 2025 annual accountsTurnover
≈ €350,000 estimated
The micro format states no turnover.
Debts
€414,609 ▲ 147%
Debts rose by €246,805 in 2025.
Filings
5 annual accounts 5 late
The 2021 accounts came latest: 60 days after the end of the period.
Board
1 joined
New director. Latest change 15-01-2026 · 2 in office.
Position in the sector
€71,352
Higher net result than 92% of companies in building services and landscaping. Sector median €9,369 · 5,695 companies.
Checked score
65
Healthy
Financially stronger than 49% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 7,710 companies (NACE 81, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 3.4%
01-2025: 3.3%▼ -0.1 percentage points vs 12-2024
02-2025: 3.3%● unchanged vs 01-2025
03-2025: 3.3%● unchanged vs 02-2025
04-2025: 3.3%● unchanged vs 03-2025
05-2025: 3.4%▲ +0.1 percentage points vs 04-2025
06-2025: 3.5%▲ +0.1 percentage points vs 05-2025
07-2025: 3.5%● unchanged vs 06-2025
08-2025: 4.2%▲ +0.7 percentage points vs 07-2025
09-2025: 4.2%● unchanged vs 08-2025highest value
10-2025: 2.9%▼ -1.3 percentage points vs 09-2025
11-2025: 2.9%● unchanged vs 10-2025
12-2025: 2.9%● unchanged vs 11-2025
01-2026: 2.8%▼ -0.1 percentage points vs 12-2025
02-2026: 2.8%● unchanged vs 01-2026
03-2026: 2.8%● unchanged vs 02-2026
04-2026: 2.8%● unchanged vs 03-2026
05-2026: 2.9%▲ +0.1 percentage points vs 04-2026
06-2026: 2.8%▼ -0.1 percentage points vs 05-2026
07-2026: 2.8%● unchanged vs 06-2026
08-2026: 3.5%▲ +0.7 percentage points vs 07-2026
09-2026: 3.2%▼ -0.3 percentage points vs 08-2026
10-2026: 1.3%▼ -1.9 percentage points vs 09-2026lowest value
11-2026: 1.3%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 40 days late; 3 of the last 3 accounts late
Sector: Services to buildings and landscape activities (NACE 81)
Founded in 2020
lowers risk
Liquidity: current ratio 1.26, cash €78,356
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 81, micro). It does better than 29% of them on solvency, 17% on liquidity, 68% on profitability and 82% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,684 companies had the same profile as KASA CONSTRUCT has now. Each dot stands for 7 companies, two years later.
97.3%
were still trading
1.2%
stopped another way
1.3%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of KASA CONSTRUCT itself: 1.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,684 companies, not a prediction for KASA CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.26 (1.36 in 2024), below the usual 1.5. Short-term debt is 77.5% and cash 14.6% of total assets. 77.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 40 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
40 days late
2024
46 days late
2023
55 days late
2022
23 days late
2021
60 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 45 days after the deadline. In the sector (NACE 81), 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 15 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Appointment: Ervin Smakic (director)
General meeting of 15-01-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0747804276
Registered office moved from Liège to Loncin
New registered office: Rue des Cquelicots 1 à 4431 LONCIN · Previous registered office: Rue Saint-Nicolas 57 à 4000 Liège · General meeting of 04-07-2022 · Gazette deed
First establishment
Rue des Coquelicots 1, Ans
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| KASA CONSTRUCT Ans | €534,903 | €110,707 | 22.5% | - |
| ALPHEX Crisnée | €522,641 | €101,346 | 48.3% | - |
| TUINWERKEN BART Mechelen | €574,534 | €124,834 | 23.3% | - |
| TUINEN ESPRIT Wevelgem | €488,596 | €123,568 | 10.2% | - |
| Vermeer Treecare Geel | €574,280 | €101,605 | 27.1% | - |
| VANDYCKE TOON Mol | €453,336 | €127,364 | 14.4% | - |
| JEROME HERTAY Theux | €430,049 | €136,019 | 94.0% | - |
These companies have the same main activity as KASA CONSTRUCT: landscape service activities (NACE 81300). They are comparable in size and age: total assets between €430,000 and €575,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 02-06-2020Normal situation
- Activity
- Landscape service activitiesNACE 81300and 5 others
- Establishment unit
- 2.303.231.5444431 Ans, since 08-06-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 09-12-2025
Insights on KASA CONSTRUCT
KASA CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €19,526 in 2021 to €110,707 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KASA CONSTRUCT
- What is the company number of KASA CONSTRUCT?
- The company number of KASA CONSTRUCT is 0747.804.276. The VAT number is the same number with BE in front: BE 0747.804.276.
- Where is KASA CONSTRUCT based?
- The registered office is at Rue des Coquelicots 1, 4431 Ans.Company details
- What does KASA CONSTRUCT do?
- According to the KBO register, the main activity is landscape service activities (NACE 81300).
- What is the legal form of KASA CONSTRUCT?
- KASA CONSTRUCT is a private limited company (BV).
- When was KASA CONSTRUCT founded?
- KASA CONSTRUCT was founded on 02-06-2020.
- Is KASA CONSTRUCT still active?
- Yes, KASA CONSTRUCT is an active enterprise in the KBO register.
- What is the turnover of KASA CONSTRUCT?
- The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €110,707 and 49 comparable companies (NACE 81). It probably lies between €220,000 and €540,000.Financials
- Is KASA CONSTRUCT profitable?
- In financial year 2025, KASA CONSTRUCT made a profit of €71,352.
- Where can I find the annual accounts of KASA CONSTRUCT?
- KASA CONSTRUCT filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KASA CONSTRUCT due?
- KASA CONSTRUCT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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