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KB 2010

Active
Private limited companyfounded 20224 yrs activeMechelsesteenweg 328, 9200 Dendermonde, BelgiumKBO/BCE: BE 0781.718.347
Summary

The computed 12-month bankruptcy probability of KB 2010 is 4.6% (elevated). The 2025 annual accounts show negative equity (-€18,732) and a net result of -€14,112. Equity is shrinking by ~231.9% per year across the filed fiscal years. Its solvency ranks better than 9% of 28281 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability17▼-1
Solvency23▼-2
Growth32=
Track record94
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.98 against 1.0 in 2024; short-term debt: 101.8% and cash: 0.7% of total assets), and equity is negative.
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Signals

Six 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · 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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · 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
-1.8%
Return on assets
-1.3%
Age of the figures
18 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€18,732
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 30 October (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
neutral · 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

History

On 8 February 2022, KB 2010 was incorporated as a Private limited company.1 Total assets went from EUR 7,067 in 2023 to EUR 1.1 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€18,732▼ 305%
2024 · -€4,620
Total assets
€1.1m▲ 0.5%
2024 · €1.1m
Net result
-€14,112▼ 92.9%
2024 · -€7,317
Working capital
-€19,188▼ 32,176%
2024 · -€59
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€3,498--€2,072▲ 40.8%-€14,042▼ 578%
Net result-€3,504below the sector's middle half--€7,317below the sector's middle half▼ 109%-€14,112below the sector's middle half▼ 92.9%
Equity€2,696below the sector's middle half--€4,620below the sector's middle half-€18,732below the sector's middle half▼ 305%
Total assets€7,067below the sector's middle half-€1.1mabove the sector's middle half▲ 14,823%€1.1mabove the sector's middle half▲ 0.5%
Debt€4,371-€1.1m▲ 24,134%€1.1m▲ 1.9%
Working capital€1,742below the sector's middle half--€59below the sector's middle half-€19,188below the sector's middle half▼ 32,176%
Solvency38.2%within the sector's middle half--0.4%below the sector's middle half▼ 38.6pp-1.8%below the sector's middle half▼ 1.3pp
Current ratio1.40within the sector's middle half-1.00below the sector's middle half▼ 0.400.98below the sector's middle half▼ 0.02
Return on assets (ROA)-49.6%below the sector's middle half--0.7%below the sector's middle half▲ 48.9pp-1.3%below the sector's middle half▼ 0.6pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€15,000-€10,000-€5,000€0Operating result 2023: -€3,498-€3,498Net result 2023: -€3,504-€3,504Operating result 2024: -€2,072-€2,072Net result 2024: -€7,317-€7,317Operating result 2025: -€14,042-€14,042Net result 2025: -€14,112-€14,112202320242025-€15,000-€10,000-€5,000€0Operating result 2023: -€3,498-€3,500Net result 2023: -€3,504-€3,500Operating result 2024: -€2,072-€2,070Net result 2024: -€7,317-€7,320Operating result 2025: -€14,042-€14,000Net result 2025: -€14,112-€14,100202320242025
The operating result stays negative: a loss of €14,042 in 2025 against €2,072 in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€13,794▼
2024 · -€1,823
Cash flow
-€13,863▼
2024 · -€7,068
Quick ratio
0.01▲
2024 · 0.00
Debt to equity
-57.60
Interest coverage
-199.04▼
2024 · -0.34
Debt ≤ 1 year
€1.1m▲
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,251 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a small loss
1.0% went bankrupt
2.2% stopped otherwise
97% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.6% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 1,251 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.1m▲
Formation expenses20€705€456▼
Current assets29/58€1.1m€1.1m▲
Stocks and contracts in progress3€1.1m€1.1m=
Stocks30/36€1.1m€1.1m=
Amounts receivable within one year40/41€2,500€1,838▼
Other amounts receivable41€2,500€1,838▼
Cash at bank and in hand54/58€796€7,448▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m▲
Equity10/15-€4,620-€18,732▼
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€10,820-€24,932▼
Amounts payable17/49€1.1m€1.1m▲
Amounts payable within one year42/48€1.1m€1.1m▲
Trade debts44€666€8,518▲
Suppliers440/4€666€8,518▲
Other amounts payable47/48€1.1m€1.1m▲
Accrued charges and deferred income492/3€5,266-
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€249€249=
Other operating charges640/8€553€620▲
Gross operating margin9900-€1,270-€13,174▼
Operating profit (loss)9901-€2,072-€14,042▼
Financial income75/76B€184-
Recurring financial income75€184-
Financial charges65/66B€5,429€69▼
Recurring financial charges65€5,429€69▼
Profit (loss) for the period before taxes9903-€7,317-€14,112▼
Profit (loss) for the period9904-€7,317-€14,112▼
Profit (loss) for the period to be appropriated9905-€7,317-€14,112▼
Appropriation of the result
Profit (loss) to be appropriated9906-€10,820-€24,932▼
Profit (loss) brought forward from the previous period14P-€3,504-€10,820▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€290€249€249=
Other operating charges640/8€348€553€620▲ 12.1%
Gross operating margin9900-€2,860-€1,270-€13,174▼ 937%
Operating profit (loss)9901-€3,498-€2,072-€14,042▼ 578%
Financial income75/76B€35€184--
Recurring financial income75€35€184--
Financial charges65/66B€41€5,429€69▼ 98.7%
Recurring financial charges65€41€5,429€69▼ 98.7%
Profit (loss) for the period before taxes9903-€3,504-€7,317-€14,112▼ 92.9%
Profit (loss) for the period9904-€3,504-€7,317-€14,112▼ 92.9%
Profit (loss) for the period to be appropriated9905-€3,504-€7,317-€14,112▼ 92.9%
Line202320242025Change
Assets
Total assets20/58€7,067€1.1m€1.1m▲ 0.5%
Formation expenses20€954€705€456▼ 35.3%
Current assets29/58€6,113€1.1m€1.1m▲ 0.6%
Stocks and contracts in progress3-€1.1m€1.1m=
Stocks30/36-€1.1m€1.1m=
Amounts receivable within one year40/41€6,113€2,500€1,838▼ 26.5%
Other amounts receivable41€6,113€2,500€1,838▼ 26.5%
Cash at bank and in hand54/58-€796€7,448▲ 836%
Equity and liabilities
Total equity and liabilities10/49€7,067€1.1m€1.1m▲ 0.5%
Equity10/15€2,696-€4,620-€18,732▼ 305%
Contributions10/11€6,200€6,200€6,200=
Profit (loss) carried forward14-€3,504-€10,820-€24,932▼ 130%
Amounts payable17/49€4,371€1.1m€1.1m▲ 1.9%
Amounts payable within one year42/48€4,371€1.1m€1.1m▲ 2.4%
Financial debts43€1,911---
Other loans439€1,911---
Trade debts44€2,460€666€8,518▲ 1,180%
Suppliers440/4€2,460€666€8,518▲ 1,180%
Other amounts payable47/48-€1.1m€1.1m▲ 1.6%
Accrued charges and deferred income492/3-€5,266--
Line202320242025Change
Profit (loss) for the period9904-€3,504-€7,317-€14,112▼ 92.9%
+ Depreciation and write-downs630€290€249€249=
Operating cash flow (approximation)-€3,214-€7,068-€13,863▼ 96.1%
Change in cash--€6,652-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
30-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial Weakest financial yearnet -€14,112
Net result drops to -€14,112, the lowest in the series.
2024
30-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
30-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
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, Dendermonde · 2 establishment units since 2022
seat establishment approximate All 2 establishment units on the map
Ground area
598 m²
Building footprint
383 m²
Volume, LiDAR
2,160 m³
2 parcels, Flanders · tallest building 15.2 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
KB 2010
Mechelsesteenweg 328, 9200 DendermondeGeneral construction of residential buildings
since 20222.329.988.597
DMD Build
Brusselsestraat (DEN) 45, 9200 DendermondeGeneral construction of residential buildings
since 20262.394.042.251
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42006D0585/00B000 Flanders 312 m² 1 · 312 m² 15.2 m · 1 fl.
42006E0171/00E000 Flanders 285 m² 1 · 71 m² 6.3 m · 1 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.

Similar companies · same sector, comparable size

Of 22,829 companies in sector 43211 we hold annual accounts for 10,334. 2,357 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded08-02-2022
Fiscal year end31-03
Activities, NACEBEL 2025
43211General electrical installation work
43410Roofing work
41001General construction of residential buildings
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0781718347
Registered 20-08-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.