KBS CONSTRUCT
ActiveKBS CONSTRUCT has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €269k and a net result of €9k. Equity is growing by ~34.4% per year across the filed fiscal years. Its solvency ranks better than 59% of 1305 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▼-19
Solvency79▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days only on tighter terms
Liquidity ample (current ratio 1.77 against 1.47 in 2023; short-term debt: 45.7% and cash: 14.2% of total assets), and 46.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-11-2025, 99 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
99 d late
2023
131 d late
2022
71 d late
2021
77 d late
2020
87 d late
2019
97 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€269k▲ 3.3%
2023 · €260k
2018: €9k
2019: €38k
2020: €38k
2021: €135k
2022: €166k
2023: €260k
2018 → 2024
Total assets
€502k▼ 8.8%
2023 · €550k
2018: €82k
2019: €131k
2020: €130k
2021: €360k
2022: €490k
2023: €550k
2018 → 2024
Net result
€9k▼ 90.8%
2023 · €95k
2018: €2k
2019: €29k
2020: €135
2021: €97k
2022: €31k
2023: €95k
2018 → 2024
Working capital
€176k▲ 35.1%
2023 · €131k
2018: €13k
2019: €47k
2020: €22k
2021: €98k
2022: €90k
2023: €131k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€38k-€135k▲ 254%€166k▲ 23.0%€260k▲ 57.4%€269k▲ 3.3%
Operating result€1k-€111k▲ 9,712%€44k▼ 60.4%€153k▲ 248%€9k▼ 94.0%
Net result€135-€97k▲ 71,408%€31k▼ 68.0%€95k▲ 207%€9k▼ 90.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 94% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €502k
Fixed assets
€96k▼ 31.8%
Current assets
€406k▼ 0.8%
Equity and liabilities €502k
Equity
€269k▲ 3.3%
Debt
€233k▼ 19.6%
The debt ratio falls from 52.6% to 46.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€54k▼
2023 · €195k
Cash flow
€54k▼
2023 · €137k
Solvency
53.6%▲
2023 · 47.4%
Current ratio
1.77▲
2023 · 1.47
Quick ratio
1.77▲
2023 · 1.47
Debt / equity
0.86▼
2023 · 1.11
ROE
3.2%▼
2023 · 36.4%
ROA
1.7%▼
2023 · 17.3%
Interest coverage
101.84▼
2023 · 128.88
Debt
€233k▼
2023 · €290k
Debt ≤ 1 year
€229k▼
2023 · €278k
Debt > 1 year
€4k▼
2023 · €11k
Staff costs
€325k▲
2023 · €319k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€550k€502k▼
Fixed assets21/28€141k€96k▼
Tangible fixed assets22/27€132k€88k▼
Plant, machinery and equipment23€18k€11k▼
Furniture and vehicles24€114k€76k▼
Financial fixed assets28€9k€9k=
Current assets29/58€409k€406k▼
Amounts receivable within one year40/41€389k€335k▼
Trade receivables40€362k€146k▼
Other amounts receivable41€27k€189k▲
Cash at bank and in hand54/58€20k€71k▲
Equity and liabilities
Total equity and liabilities10/49€550k€502k▼
Equity10/15€260k€269k▲
Contributions10/11€7k€7k=
Profit (loss) carried forward14€253k€262k▲
Amounts payable17/49€290k€233k▼
Amounts payable after more than one year17€11k€4k▼
Financial debts170/4€11k€4k▼
Amounts payable within one year42/48€278k€229k▼
Current portion of amounts payable after more than one year42€9k€9k▲
Trade debts44€12k€60k▲
Suppliers440/4€12k€60k▲
Taxes, remuneration and social security45€201k€160k▼
Taxes450/3€52k€28k▼
Remuneration and social security454/9€149k€132k▼
Other amounts payable47/48€56k-
Income statement
Code20232024
Remuneration, social security and pensions62€319k€325k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€42k€45k▲
Other operating charges640/8€6k€2k▼
Gross operating margin9900€521k€381k▼
Operating profit (loss)9901€153k€9k▼
Financial income75/76B€64€20▼
Recurring financial income75€64€20▼
Financial charges65/66B€2k€531▼
Recurring financial charges65€2k€531▼
Profit (loss) for the period before taxes9903€152k€9k▼
Income taxes67/77€57k-
Profit (loss) for the period9904€95k€9k▼
Profit (loss) for the period to be appropriated9905€95k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€253k€262k▲
Profit (loss) brought forward from the previous period14P€159k€253k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 99 days late
2024
09-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 131 days late
2023
31-12
Financial
Equity above €200kEq €260k ▲57.4%
6 profitable years in a row build equity to €260k.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Equity above €150kEq €166k ▲23%
5 profitable years in a row build equity to €166k.
16-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 77 days late
2021
31-12
Financial
Highest result since 2018net €97k ▲71408%
Net result €97k, the highest in the series.
31-12
Financial
Equity above €100kEq €135k ▲254%
4 profitable years in a row build equity to €135k.
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
31-12
Financial
Weakest financial yearnet €135 ▼99.5%
Net result drops to €135, the lowest in the series; recovery starts the following year.
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
17-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 48 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brussel · 1 establishment unit since 2017
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.
Rommelaerelaan 931020 BrusselGround area
166 m²
Building footprint
94 m²
Volume, LiDAR
921 m³
Parcel 21816H0109/00D008, Brussels · tallest building 13.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KBS CONSTRUCT
since 20172.265.060.163
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816H0109/00D008 | Brussels | 166 m² | 1 · 94 m² | 13.5 m · 3 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
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RAPIDO TRADE
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M.S. INTERNATIONAL / CONCEPT
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Maaseik · Eq €274k
Of 732 companies in sector 46820 we hold annual accounts for 387. 236 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-06-2017
Fiscal year end31-12
Activities, NACEBEL
46820Wholesale trade
52230Warehousing and support activities for transportation
43120Site preparation
43230Insulation installation
43350Other building finishing work
46649Wholesale of other machinery and equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.