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KC Development

Active
Private limited company (pre-2019)founded 201412 yrs activeKruisstraat 97, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 0553.645.514

KC Development has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €129k and a net result of €9k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 78% of 15878 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
94 / 100
Excellent▲ +42 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability34▲+34
Solvency100=
Growth52▲+20
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 6.94 against 6.11 in 2023), and 24.9% 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.
lowers risk+raises riskneutral
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 →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 12 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-10-2025, 89 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
89 d late
2023
86 d late
2022
60 d late
2021
94 d late
2020
92 d late
2019
1 d early
← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Equity
€129k▲ 7.3%
2023 · €121k
2021: €125k 2022: €133k 2023: €121k
2021 → 2024
Total assets
€172k▼ 1.4%
2023 · €175k
2021: €163k 2022: €174k 2023: €175k
2021 → 2024
Net result
€9k
2023 · €-12k
2021: €31k 2022: €8k 2023: €-12k
2021 → 2024
Working capital
€142k▲ 1.5%
2023 · €140k
2021: €117k 2022: €124k 2023: €140k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2021202220232024Trend
Equity€125k-€133k▲ 6.0%€121k▼ 9.3%€129k▲ 7.3%
Operating result€18k-€5k▼ 70.5%€-13k€6k
Net result€31k-€8k▼ 75.9%€-12k€9k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €18k€18kNet result 2021: €31k€31kOperating result 2022: €5k€5kNet result 2022: €8k€8kOperating result 2023: €-13k€-13kNet result 2023: €-12k€-12kOperating result 2024: €6k€6kNet result 2024: €9k€9k2021202220232024
The operating result returns to profit in 2024: €6k after a loss of €13k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €172k
Fixed assets €6k▼ 16.5%
Current assets €166k▼ 0.8%
Equity and liabilities €172k
Equity €129k▲ 7.3%
Debt €43k▼ 20.9%
The debt ratio falls from 31.0% to 24.9%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€7k
2023 · €-11k
Cash flow
€10k
2023 · €-10k
Solvency
75.1%
2023 · 69.0%
Current ratio
6.94
2023 · 6.11
Quick ratio
6.94
2023 · 6.11
Debt / equity
0.33
2023 · 0.45
ROE
6.8%
2023 · -10.2%
ROA
5.1%
2023 · -7.0%
Interest coverage
4.34
2023 · -8.02
Debt
€43k
2023 · €54k
Debt ≤ 1 year
€24k
2023 · €27k
Debt > 1 year
€19k
2023 · €27k
Income taxes
€940
2023 · €110
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
Total assets 20/58€175k€172k
Fixed assets 21/28€7k€6k
Tangible fixed assets 22/27€7k€6k
Current assets 29/58€167k€166k
Amounts receivable within one year 40/41€145k€144k
Investments 50/53€20k€20k=
Cash & bank 54/58€896€528
Total equity & liabilities 10/49€175k€172k
Equity 10/15€121k€129k
Contributions / capital 10/11€40k€40k=
Reserves 13€8k€14k
Accumulated profits (losses) 14€73k€75k
Amounts payable 17/49€54k€43k
Amounts payable after one year 17€27k€19k
Amounts payable within one year 42/48€27k€24k
Trade debts payable within one year 44€11k€14k
Income statement Code20232024
Gross operating margin 9900€-11k€7k
Operating result 9901€-13k€6k
Financial income 75€2k€5k
Financial charges 65€1k€2k
Result before taxes 9903€-12k€10k
Income taxes 67/77€110€940
Net result for the period 9904€-12k€9k
Result to be appropriated 9905€-12k€9k

Timeline · acts, filings and financial milestones

2025
28-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 89 days late
2024
31-12
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
25-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 86 days late
2023
31-12
Financial Weakest financial yearnet €-12k ▼264%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
29-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
02-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 94 days late
2021
31-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 92 days late
2020
30-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
08-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
30-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
28-07
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 4 acts read
About the unread acts

We know of 4 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

Comparable companies · same sector, comparable size

Similar companies · same sector, comparable size

Of 6,183 companies in sector 46190 we hold annual accounts for 2,471. 1,904 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded04-06-2014
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Data from official sources, last processed on 03-09-2026. Scores and ratios are computed by Checked and are not a credit decision.