KBS INVEST · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for KBS INVEST according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €59k and a net result of €70k.

Based on the State Gazette, CBE and 5 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

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.

Insolvency timeline

2 events

10-12-2025

Bankruptcy Opening

Date: 01-12-2025 · Tribunal de l’entreprise francophone de Bruxelles · SRL KBS INVEST RUE ARTHUR MAES 100, 1130 HAREN · Publications in State Gazette ↗

Full timeline and publications

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide

Filing behaviour not assessed

The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.

How we compute the deadline

The year end is derived from 9 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	nothing on record	not filed	-
31-12-2023	31-07-2024	nothing on record	not filed	-
31-12-2022	31-07-2023	02-11-2023	94 d late	2023-00506573
31-12-2021	31-07-2022	28-10-2022	89 d late	2022-20479926
31-12-2020	31-07-2021	31-01-2022	184 d late	2022-03900071
31-12-2019	31-07-2020	06-04-2021	249 d late	2021-09700225
31-12-2018	31-07-2019	26-09-2019	57 d late	2019-65900570
31-12-2017	31-07-2018	02-05-2018	90 d early	2018-11600085
31-12-2016	31-07-2017	06-04-2017	116 d early	2017-09000173
31-12-2015	31-07-2016	20-05-2016	72 d early	2016-12600583
31-12-2014	31-07-2015	16-06-2015	45 d early	2015-17600480

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

1 event

Address struck

Financials

Turnover€123k-69.0%

EBIT margin65.0%+75.4pp

Net result€70k

Working capital€-163k+31.6%

Directors1

CSV export

Annual accounts & ratios

Source: NBB · 2022

Annual accounts filed on 02-11-2023 with the NBB · fiscal year 2022 · micro

RevenueOperating resultNet result

Revenue

€123k

-69.0% 18-22

EBITDA

€90k

- 18-22

Net profit

€70k

- 18-22

Cash flow

€79k

- 18-22

Total assets

€246k

-34.4% 18-22

Equity

€59k

- 18-22

Working capital

€-163k

+31.6% 18-22

Employees (FTE)

1

- 18-22

Show 14 other metrics

Staff costs

€15k

+295.9% 18-22

Income taxes

€4k

+809.9% 18-22

Debt

€187k

-51.5% 18-22

Debt ≤ 1y

€187k

-51.5% 18-22

Debt > 1y

€146k

-36.0% 18-22

Current ratio

0.13

-66.8% 18-22

Quick ratio

0.13

-54.8% 18-22

Solvency

24.1%

- 18-22

Debt / equity

3.14

- 18-22

ROE

116.9%

-79.2% 18-22

ROA

28.2%

- 18-22

Net margin

56.4%

- 18-22

EBITDA margin

72.8%

- 18-22

Interest coverage

13.55

- 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	micro
Revenue	€123k
EBITDA	€90k
Net profit	€70k
Cash flow	€79k
Staff costs	€15k
Income taxes	€4k
Dividends	-
Total assets	€246k
Equity	€59k
Debt	€187k
of which ≤ 1y	€187k
of which > 1y	-
Working capital	€-163k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	0.13
Quick ratio	0.13
Working capital ratio	-66.3%
Solvency	24.1%
Debt / equity	3.14
Long-term debt ratio	-
Interest coverage	13.55
Gross margin	-
Net margin	56.4%
ROA	28.2%
ROE	116.9%
EBITDA margin	72.8%
Days sales outstanding	5d
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €223k · 90.4% Current assets €24k · 9.6%

Equity & liabilities

Equity €59k · 24.1% Debt €187k · 75.9%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€246k
Fixed assets	21/28	€223k
Tangible fixed assets	22/27	€223k
Current assets	29/58	€24k
Amounts receivable within one year	40/41	€2k
Cash & bank	54/58	€22k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€246k
Equity	10/15	€59k
Contributions / capital	10/11	€19k
Reserves	13	€2k
Accumulated profits (losses)	14	€39k
Amounts payable	17/49	€187k
Amounts payable within one year	42/48	€187k
Income statement
Turnover	70	€123k
Gross operating margin	9900	€105k
Operating result	9901	€80k
Financial charges	65	€7k
Result before taxes	9903	€74k
Income taxes	67/77	€4k
Net result for the period	9904	€70k
Result to be appropriated	9905	€70k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2022 · computed

0 / 100 Critical

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

2 directors

4 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.

Current directors & mandates

Busol lon -Alexandru
Director
State Gazette act 23151774 (28-11-2023)

Current
28-11-2023 → present

Former directors (1)

Sokoli Blerim
Director
State Gazette act 23151774 (28-11-2023)

Former
- → 28-11-2023

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

1 mandate

Role	Name	Tenure	Source
Curator	EMILIE MICHEL AVENUE DE FRE 229, 1180 02 UCCLE-	01-12-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	-
Legal form	Private limited company (pre-2019)(015)
Incorporation	16-04-2014
Status	Active
Postal code	-
First BS signal	10-12-2025
Latest BS signal	10-12-2025

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

47 companies at this address See who is registered here

Establishment units

1 location

Joseph Stevensstraat 7, 1000 Brussel

Handelsbemiddeling in de niet-gespecialiseerde groothandel

since 20142.232.615.049

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels2

Ground area5,786 m²

Buildings2

Building footprint4,275 m²

Volume (LiDAR)96,520 m³

Tallest building88.8 m · ±7 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21821C0148/00P000	Brussels	3,627 m²	1 · 2,163 m²	16.8 m · 2 fl.
21808H1372/00K000	Brussels	2,159 m²	1 · 2,113 m²	88.8 m · 7 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

2 events from the State Gazette

10-12-2025

Bankruptcy Opening

Date: 01-12-2025 · Tribunal de l’entreprise francophone de Bruxelles · SRL KBS INVEST RUE ARTHUR MAES 100, 1130 HAREN · Publications in State Gazette ↗

Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 17-01-2025 to 01-12-2025.

Available in Kantoor S. See plans →

Time machine: BS events + macro context

2021-2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgisch Staatsblad · acts

1 acts

Capital history · 1

28-11-2023

Capital change

All acts · 1 updated 2 years ago

2023

28-11-2023 Transaction in capital or shares Capital & shares

Original publication ↗

Analysis

Financial profile

5 of 5 axes measured

39 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 24

Growth 72

Stability 0

Credit advice

verdict per customer and amount

Company registry

Company registry (CBE)

Crossroads Bank

Names & trade names

Legal nameFR

KBS INVEST

Registration history

17-01-2025 Address struck

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.