KBSolutions
ActiveSummary
KBSolutions has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €369,601 and a net result of €5,232. Equity is growing by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability70▲+58
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 23.23 against 14.64 in 2023; short-term debt: 3.5% and cash: 10.8% of total assets), and 3.5% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-08-2025, 4 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
4 d late
2023
5 d early
2022
6 d early
2021
30 d early
2020
31 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€369,601▲ 1.4%
2023 · €364,369
Total assets
€383,032▼ 0.8%
2023 · €386,041
Net result
€5,232
2023 · -€20,353
Working capital
€298,565▲ 1.0%
2023 · €295,547
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
Line20202021202220232024
Operating result€43,803▲ 26.8%€25,254▼ 42.3%€208,033▲ 724%-€16,145€6,818
Net result€33,278▲ 34.9%€18,257▼ 45.1%€210,896▲ 1,055%-€20,353€5,232
Equity€155,569▲ 21.1%€173,826▲ 11.7%€384,722▲ 121%€364,369▼ 5.3%€369,601▲ 1.4%
Total assets€172,479▲ 21.3%€186,994▲ 8.4%€399,523▲ 114%€386,041▼ 3.4%€383,032▼ 0.8%
Debt€16,910▲ 23.7%€13,168▼ 22.1%€14,801▲ 12.4%€21,672▲ 46.4%€13,430▼ 38.0%
Working capital€94,165▲ 8.0%€112,432▲ 19.4%€323,257▲ 188%€295,547▼ 8.6%€298,565▲ 1.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €6,818 after a loss of €16,145 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €383,032
Fixed assets
€71,036 ▲ 3.2%
Current assets
€311,995 ▼ 1.6%
Equity and liabilities €383,032
Equity
€369,601 ▲ 1.4%
Debt
€13,430 ▼ 38.0%
Debt's share of the balance-sheet total falls from 5.6% to 3.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11,189▲
2023 · -€11,177
Cash flow
€9,603▲
2023 · -€15,385
Current ratio
23.23▲
2023 · 14.64
Debt to equity
0.04▼
2023 · 0.06
ROE
1.4%▲
2023 · -5.6%
ROA
1.4%▲
2023 · -5.3%
Interest coverage
7.80▲
2023 · -9.31
Debt ≤ 1 year
€13,430▼
2023 · €21,672
Income taxes
€155▼
2023 · €3,008
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,192 | €4,415 | €4,379 | €4,968 | €4,371 | ▼ 12.0% |
| Other operating charges640/8 | - | €707 | €662 | €760 | €644 | ▼ 15.3% |
| Gross operating margin9900 | €48,804 | €30,376 | €213,074 | -€10,417 | €11,832 | ▲ 214% |
| Operating profit (loss)9901 | €43,803 | €25,254 | €208,033 | -€16,145 | €6,818 | ▲ 142% |
| Financial income75/76B | - | €6 | €4,151 | €0 | €3 | ▲ 24,900% |
| Recurring financial income75 | €17 | €6 | €4,151 | €0 | €3 | ▲ 24,900% |
| Financial charges65/66B | - | €1,681 | €836 | €1,200 | €1,434 | ▲ 19.5% |
| Recurring financial charges65 | €1,543 | €1,309 | €836 | €1,200 | €1,434 | ▲ 19.5% |
| Non-recurring financial charges66B | - | €372 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €42,277 | €23,578 | €211,347 | -€17,345 | €5,387 | ▲ 131% |
| Income taxes67/77 | €8,999 | €5,321 | €451 | €3,008 | €155 | ▼ 94.9% |
| Profit (loss) for the period9904 | €33,278 | €18,257 | €210,896 | -€20,353 | €5,232 | ▲ 126% |
| Profit (loss) for the period to be appropriated9905 | €33,278 | €18,257 | €210,896 | -€20,353 | €5,232 | ▲ 126% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €172,479 | €186,994 | €399,523 | €386,041 | €383,032 | ▼ 0.8% |
| Fixed assets21/28 | €61,404 | €61,394 | €61,465 | €68,822 | €71,036 | ▲ 3.2% |
| Tangible fixed assets22/27 | €14,548 | €13,038 | €11,465 | €10,822 | €13,036 | ▲ 20.5% |
| Land and buildings22 | - | - | - | - | €4,945 | - |
| Plant, machinery and equipment23 | - | €5,906 | €4,413 | €5,582 | €4,023 | ▼ 27.9% |
| Furniture and vehicles24 | - | €7,132 | €7,053 | €5,241 | €4,068 | ▼ 22.4% |
| Financial fixed assets28 | €46,856 | €48,356 | €50,000 | €58,000 | €58,000 | = |
| Current assets29/58 | €111,075 | €125,600 | €338,058 | €317,219 | €311,995 | ▼ 1.6% |
| Amounts receivable within one year40/41 | €52,989 | €56,789 | €217,041 | €222,136 | €220,457 | ▼ 0.8% |
| Trade receivables40 | - | €45,375 | €27,830 | €29,805 | €27,830 | ▼ 6.6% |
| Other amounts receivable41 | - | €11,414 | €189,211 | €192,331 | €192,627 | ▲ 0.2% |
| Current investments50/53 | - | - | - | - | €50,000 | - |
| Cash at bank and in hand54/58 | €57,422 | €68,070 | €121,017 | €95,083 | €41,538 | ▼ 56.3% |
| Deferred charges and accrued income490/1 | - | €742 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €172,479 | €186,994 | €399,523 | €386,041 | €383,032 | ▼ 0.8% |
| Equity10/15 | €155,569 | €173,826 | €384,722 | €364,369 | €369,601 | ▲ 1.4% |
| Reserves13 | €1,938 | €1,938 | €1,938 | €1,938 | €1,938 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €78 | €78 | €78 | €78 | = |
| Profit (loss) carried forward14 | €153,631 | €171,888 | €382,784 | €362,431 | €367,663 | ▲ 1.4% |
| Amounts payable17/49 | €16,910 | €13,168 | €14,801 | €21,672 | €13,430 | ▼ 38.0% |
| Amounts payable within one year42/48 | €16,910 | €13,168 | €14,801 | €21,672 | €13,430 | ▼ 38.0% |
| Current portion of amounts payable after more than one year42 | - | €4,908 | €5,053 | €5,149 | €5,157 | ▲ 0.2% |
| Trade debts44 | €5,243 | €1,197 | - | €1,175 | €1,781 | ▲ 51.6% |
| Suppliers440/4 | - | €1,197 | - | €1,175 | €1,781 | ▲ 51.6% |
| Taxes, remuneration and social security45 | - | €1,275 | - | €4,295 | €3,864 | ▼ 10.0% |
| Taxes450/3 | - | €1,275 | - | €4,295 | €3,864 | ▼ 10.0% |
| Other amounts payable47/48 | - | €5,788 | €9,748 | €11,053 | €2,628 | ▼ 76.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €33,278 | €18,257 | €210,896 | -€20,353 | €5,232 | ▲ 126% |
| + Depreciation and write-downs630 | €4,192 | €4,415 | €4,379 | €4,968 | €4,371 | ▼ 12.0% |
| Operating cash flow (approximation) | €37,471 | €22,672 | €215,275 | -€15,385 | €9,603 | ▲ 162% |
| Investment in fixed assets (approximation) | - | -€4,405 | -€4,450 | -€12,325 | -€6,585 | ▲ 46.6% |
| Change in cash | - | €10,648 | €52,947 | -€25,934 | -€53,545 | ▼ 106% |
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
2025
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
31-12
Financial
Back to profitnet €5,232
Net result €5,232 after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€20,353
Net result drops to -€20,353, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €210,896 ▲1,055%
Operating result €208,033, net result €210,896, both a record.
31-12
Financial
Liquidity doublescurrent ratio 22.84
Current ratio from 9.54 to 22.84.
31-12
Financial
Equity above €200,000Eq €384,722 ▲121%
5 profitable years in a row build equity to €384,722.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150,000Eq €155,569 ▲21.1%
3 profitable years in a row build equity to €155,569.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
27-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Genk · 1 establishment unit since 2014
Ground area
894 m²
Building footprint
191 m²
Volume, LiDAR
777 m³
Parcel 71303B1088/00R002, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Timkensbergstraat 97, 3600 Genk
since 20142.232.755.995
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71303B1088/00R002 | Flanders | 894 m² | 1 · 191 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
2549007P4GGWNKS60469
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 13,107 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
Founded08-07-2014
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
62900Other information technology and computer services
Scores and ratios are computed by Checked and are not a credit decision.