KASS
ActiveSummary
The computed 12-month bankruptcy probability of KASS is 3.2% (moderate). The 2025 annual accounts show equity of €30,677 and a net result of €3,462. Equity is growing by ~36.3% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-26
Solvency58▼-1
Growth78=
Track record92
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.09 in 2024; short-term debt: 67.3% and cash: 18.3% of total assets), and 67.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
32.7%
Return on assets
3.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
21 d late
2024
45 d late
2023
6 d late
2022
57 d late
2021
63 d late
2020
87 d late
2019
122 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 57 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3,462▼ 82.5%
2024 · €19,784
Working capital
€14,847▲ 203%
2024 · €4,908
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€24,835€23,294▼ 6.2%-€13,021€22,983€4,722▼ 79.5%
Net result€24,619€22,514▼ 8.5%-€13,245€19,784€3,462▼ 82.5%
Equity-€1,837▲ 93.1%€20,677€7,431▼ 64.1%€27,215▲ 266%€30,677▲ 12.7%
Total assets€26,757▲ 1,215%€97,664▲ 265%€78,497▼ 19.6%€80,855▲ 3.0%€93,711▲ 15.9%
Debt€28,594▲ 0.4%€76,987▲ 169%€71,065▼ 7.7%€53,640▼ 24.5%€63,033▲ 17.5%
Working capital-€4,149▲ 84.3%-€13,486▼ 225%-€16,549▼ 22.7%€4,908€14,847▲ 203%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93,711
Fixed assets
€15,830 ▼ 29.0%
Current assets
€77,880 ▲ 33.0%
Equity and liabilities €93,711
Equity
€30,677 ▲ 12.7%
Debt
€63,033 ▲ 17.5%
Debt's share of the balance-sheet total rises from 66.3% to 67.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12,486▼
2024 · €31,349
Cash flow
€11,226▼
2024 · €28,149
Current ratio
1.24▲
2024 · 1.09
Debt to equity
2.05▲
2024 · 1.97
ROE
11.3%▼
2024 · 72.7%
ROA
3.7%▼
2024 · 24.5%
Interest coverage
38.41▼
2024 · 130.89
Debt ≤ 1 year
€63,033▲
2024 · €53,640
Income taxes
€940▼
2024 · €2,960
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,891 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 10,891 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €484 | €6,400 | €10,182 | €8,365 | €7,764 | ▼ 7.2% |
| Other operating charges640/8 | €325 | €3,398 | €1,936 | €4,896 | €1,152 | ▼ 76.5% |
| Gross operating margin9900 | €25,644 | €33,091 | -€904 | €36,244 | €13,637 | ▼ 62.4% |
| Operating profit (loss)9901 | €24,835 | €23,294 | -€13,021 | €22,983 | €4,722 | ▼ 79.5% |
| Financial income75/76B | €1 | - | - | - | €5 | - |
| Recurring financial income75 | €1 | - | - | - | €5 | - |
| Financial charges65/66B | €217 | €217 | €224 | €240 | €325 | ▲ 35.7% |
| Recurring financial charges65 | €217 | €217 | €224 | €240 | €325 | ▲ 35.7% |
| Profit (loss) for the period before taxes9903 | €24,619 | €23,078 | -€13,245 | €22,744 | €4,402 | ▼ 80.6% |
| Income taxes67/77 | - | €564 | - | €2,960 | €940 | ▼ 68.2% |
| Profit (loss) for the period9904 | €24,619 | €22,514 | -€13,245 | €19,784 | €3,462 | ▼ 82.5% |
| Profit (loss) for the period to be appropriated9905 | €24,619 | €22,514 | -€13,245 | €19,784 | €3,462 | ▼ 82.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €26,757 | €97,664 | €78,497 | €80,855 | €93,711 | ▲ 15.9% |
| Fixed assets21/28 | €2,312 | €34,163 | €23,981 | €22,307 | €15,830 | ▼ 29.0% |
| Tangible fixed assets22/27 | €2,312 | €34,163 | €23,981 | €22,307 | €15,830 | ▼ 29.0% |
| Plant, machinery and equipment23 | €2,312 | €1,380 | €449 | - | €1,217 | - |
| Furniture and vehicles24 | - | €32,782 | €23,532 | €22,307 | €14,613 | ▼ 34.5% |
| Current assets29/58 | €24,445 | €63,502 | €54,516 | €58,548 | €77,880 | ▲ 33.0% |
| Amounts receivable within one year40/41 | €21,598 | €56,734 | €48,750 | €50,672 | €60,714 | ▲ 19.8% |
| Trade receivables40 | €20,350 | €56,601 | €48,222 | €50,672 | €60,714 | ▲ 19.8% |
| Other amounts receivable41 | €1,248 | €133 | €527 | - | - | - |
| Cash at bank and in hand54/58 | €2,847 | €5,189 | €4,596 | €7,876 | €17,166 | ▲ 118% |
| Deferred charges and accrued income490/1 | - | €1,578 | €1,171 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €26,757 | €97,664 | €78,497 | €80,855 | €93,711 | ▲ 15.9% |
| Equity10/15 | -€1,837 | €20,677 | €7,431 | €27,215 | €30,677 | ▲ 12.7% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€20,437 | €2,077 | -€11,169 | €8,615 | €12,077 | ▲ 40.2% |
| Amounts payable17/49 | €28,594 | €76,987 | €71,065 | €53,640 | €63,033 | ▲ 17.5% |
| Amounts payable within one year42/48 | €28,594 | €76,987 | €71,065 | €53,640 | €63,033 | ▲ 17.5% |
| Trade debts44 | €9,361 | €45,407 | €45,394 | €24,151 | €32,252 | ▲ 33.5% |
| Suppliers440/4 | €9,361 | €45,407 | €45,394 | €24,151 | €32,252 | ▲ 33.5% |
| Advances received on contracts in progress46 | - | €6,592 | - | - | - | - |
| Taxes, remuneration and social security45 | €7,465 | €9,029 | €9,712 | €15,582 | €15,749 | ▲ 1.1% |
| Taxes450/3 | - | €564 | €1,246 | €7,117 | €7,283 | ▲ 2.3% |
| Remuneration and social security454/9 | €7,465 | €8,465 | €8,465 | €8,465 | €8,465 | = |
| Other amounts payable47/48 | €11,767 | €15,959 | €15,959 | €13,906 | €15,032 | ▲ 8.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,619 | €22,514 | -€13,245 | €19,784 | €3,462 | ▼ 82.5% |
| + Depreciation and write-downs630 | €484 | €6,400 | €10,182 | €8,365 | €7,764 | ▼ 7.2% |
| Operating cash flow (approximation) | €25,102 | €28,913 | -€3,063 | €28,149 | €11,226 | ▼ 60.1% |
| Investment in fixed assets (approximation) | - | -€38,250 | €0 | -€6,692 | -€1,286 | ▲ 80.8% |
| Change in cash | - | €2,342 | -€593 | €3,280 | €9,291 | ▲ 183% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
14-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 45 days late
21-03
KBO administration
Address struck
2024
31-12
Financial
Back to profitnet €19,784
Net result €19,784 after one loss-making year.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-12
Financial
Weakest financial yearnet -€13,245
Net result drops to -€13,245, the lowest in the series; recovery starts the following year.
26-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 57 days late
2022
02-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 63 days late
2021
31-12
Financial
Back to profitnet €24,619
Net result €24,619 after 3 loss-making years.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
26-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 300 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 61 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
10 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, Drogenbos · 1 establishment unit since 2016
Ground area
8,016 m²
Building footprint
4,997 m²
Volume, LiDAR
35,269 m³
2 parcels, Brussels, Flanders · tallest building 16.1 m, ±3 floors. Linked by address, not a title deed.
257
companies at this address
See who is registered here
1 establishment unit
KASS
since 20162.253.750.953
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001B0038/00K000 | Flanders | 7,925 m² | 1 · 4,905 m² | 12.9 m · 2 fl. |
| 21819C0043/00W009 | Brussels | 91 m² | 1 · 92 m² | 16.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded07-04-2016
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43341Painting of buildings
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0651724588
Also
9925:BE0651724588
Registered
15-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.