KD BRILLANCE
The computed 12-month bankruptcy probability of KD BRILLANCE is 2.4% (moderate). The 2024 annual accounts show negative equity (€-59k) and a net result of €-55k. Equity is shrinking by ~356.4% per year across the filed fiscal years. Its solvency ranks better than 23% of 1743 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-59k |
| Net result | €-55k |
| Better than sector | 23% |
| Active | 4 yrs |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -30.1% | 14.7% | |
| Net result | €-55k | €1k | |
| Equity | €-59k | €5k | |
| Gross operating margin | €-26k | €16k | |
| Total assets | €197k | €46k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-28k |
| Net profit | €-55k |
| Cash flow | €-29k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €197k |
| Equity | €-59k |
| Debt | €256k |
| of which ≤ 1y | €65k |
| of which > 1y | €191k |
| Working capital | €-24k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.63 |
| Quick ratio | 0.60 |
| Working capital ratio | -12.4% |
| Solvency | -30.1% |
| Debt / equity | -4.32 |
| Long-term debt ratio | -3.22 |
| Interest coverage | -31.57 |
| Gross margin | - |
| Net margin | - |
| ROA | -28.0% |
| ROE | 93.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €197k |
| Fixed assets | 21/28 | €156k |
| Tangible fixed assets | 22/27 | €138k |
| Financial fixed assets | 28 | €18k |
| Current assets | 29/58 | €41k |
| Stocks & contracts in progress | 3 | €2k |
| Amounts receivable within one year | 40/41 | €11k |
| Cash & bank | 54/58 | €26k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €197k |
| Equity | 10/15 | €-59k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €-61k |
| Amounts payable | 17/49 | €256k |
| Amounts payable after one year | 17 | €191k |
| Amounts payable within one year | 42/48 | €65k |
| Trade debts payable within one year | 44 | €10k |
| Income statement | ||
| Gross operating margin | 9900 | €-26k |
| Operating result | 9901 | €-54k |
| Financial income | 75 | €5 |
| Financial charges | 65 | €896 |
| Result before taxes | 9903 | €-55k |
| Net result for the period | 9904 | €-55k |
| Result to be appropriated | 9905 | €-55k |
| NACE primary | Personal services(96220) |
| Legal form | Private limited company(610) |
| Incorporation | 05-01-2022 |
| Status | Active |
| Postal code | 1730 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0042/00C000 | Brussels | 1,001 m² | 1 · 251 m² | 33.1 m · 10 fl. |
| 23322L0321/00N009 | Flanders | 858 m² | 1 · 206 m² | 5.4 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
12-12-2025 Articles of association amended
Technical details
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"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"statute_change": {
"name_change": false,
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"object_change": true,
"effective_date": "2025-12-04",
"legal_form_change": false
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0779.717.276",
"name_full": "KD BRILLANCE",
"legal_form": "BV"
},
"signature_regime": null,
"special_mandates": [
{
"quote": "De vergadering verleent bijzondere volmacht aan de heer DETEMMERMAN Cedric, evenals ieder andere medewerker van Fiscaal Accountants Godts-Detemmerman \u0026 C\u00B0, die te dien einde allen woonstkeuze doen te 1700 Dilbeek, Ninoofsesteenweg 62, bus 201, allen individueel bevoegd, evenals aan hun bedienden, aangestelden en lasthebbers, met mogelijkheid tot indeplaatsstelling, teneinde de vervulling van de formaliteiten bij een ondernemingsloket met het oog op de inschrijving/aanpassing van de gegevens in de Kruispuntbank van Ondernemingen, en, desgevallend, bij de Administratie van de Belasting over de Toegevoegde Waarde, te verzekeren.",
"holder_kbo": null,
"holder_name": "DETEMMERMAN Cedric",
"scope_categories": [
"KBO",
"tax",
"filing"
],
"with_substitution": true
}
],
"governance_change": {
"admin_delegated_added": []
}
}07-01-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "1730 Asse, Nieuwstraat 95 bus 0001",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
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},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1997-04-28",
"name": "PANGERL David Bernard Marc",
"niss": null,
"address": "1730 Asse, Nieuwstraat 95/0001"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 1000,
"holder_person_name": "PANGERL David Bernard Marc",
"is_subscriber_only": false,
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},
{
"org": null,
"kind": "natural_person",
"person": {
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"name": "DUPAN Kalista",
"niss": null,
"address": "1730 Asse, Nieuwstraat 95/0001"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
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"holder_person_name": "DUPAN Kalista",
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"amount_subscribed_eur": 1000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 2000,
"subject_company": {
"kbo": "0779.717.276",
"name_full": "KD BRILLANCE",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-01-05",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | KD BRILLANCE |