KDM-Pack

Active

Private limited company (pre-2019)founded 201610 yrs activeKalbergstraat 115, 8780 Oostrozebeke, BelgiumKBO/BCE: BE 0651.872.662

Summary

The computed 12-month bankruptcy probability of KDM-Pack is 11.2% (high). For KDM-Pack, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €18,109 and a net result of -€540,250. Equity is growing by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 8975 sector peers (fiscal year 2023). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

KDM-PackActive

Risk analysis Report Compare

Activity

Wholesale trade

NACE 46642NACE 46692

1 site

Size

€1.8mtotal assets 2023

Equity: €18,109
Loss: -€540,250

Turnover not published (abridged schema)

Financial health

Bankruptcy chance 12 m: 11.2%

2023 figures too old to score

Structure

Holdings: 2

Accounts 429 d overdue0 of 2 deeds read

Signals- Figures for FY 2023 (filed 31-08-2024)- 2 financial years not filed after the legal deadline; latest accounts 31 days late; 2 of the last 3 late- Liquidity: current ratio 0.18, cash €674, halved- Two or more financial years not filed+ Size: total assets €1.8mFiled after the deadlineShow the evidence

Checked score

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: High

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Weak

Solvency 26-19

equity 1.0% of total assets

Liquidity 33-6

short-term debt 36.8% · cash 0.0%

Profitability 11-56

return on assets -29.7%

Bankruptcy probability, 12 months

11.2% High

0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,775 companies)

Last 24 months 11-2024: 4.1% 12-2024: 4.1%● 0.0% vs 11-2024 01-2025: 4.1%● 0.0% vs 12-2024 02-2025: 4.2%▲ +1.4% vs 01-2025 03-2025: 4.2%● 0.0% vs 02-2025 04-2025: 4.1%▼ -1.8% vs 03-2025 05-2025: 3.9%▼ -4.8% vs 04-2025 06-2025: 3.8%▼ -3.0% vs 05-2025 07-2025: 3.7%▼ -3.5% vs 06-2025lowest value 08-2025: 4.3%▲ +18.2% vs 07-2025 09-2025: 4.5%▲ +4.4% vs 08-2025 10-2025: 6.2%▲ +37.5% vs 09-2025 11-2025: 6.1%▼ -1.0% vs 10-2025 12-2025: 7.4%▲ +20.6% vs 11-2025 01-2026: 9.8%▲ +32.6% vs 12-2025 02-2026: 9.8%● 0.0% vs 01-2026 03-2026: 9.9%▲ +0.8% vs 02-2026 04-2026: 9.1%▼ -8.3% vs 03-2026 05-2026: 9.1%● 0.0% vs 04-2026 06-2026: 8.8%▼ -2.9% vs 05-2026 07-2026: 8.8%● 0.0% vs 06-2026 08-2026: 10.4%▲ +18.2% vs 07-2026 09-2026: 11.4%▲ +9.2% vs 08-2026highest value 10-2026: 11.2%▼ -1.7% vs 09-2026

Figures for FY 2023 (filed 31-08-2024) raises the probability
2 financial years not filed after the legal deadline; latest accounts 31 days late; 2 of the last 3 late raises the probability
Liquidity: current ratio 0.18, cash €674, halved raises the probability
Size: total assets €1.8m lowers the probability for this profile

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Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Figures for FY 2023 (filed 31-08-2024)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

2 financial years not filed after the legal deadline; latest accounts 31 days late; 2 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Liquidity: current ratio 0.18, cash €674, halved

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: total assets €1.8m

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 7 filings

Position against the passed deadline

31-12-2024 close31-07-2025 deadline03-10-2026 today

Filed after the deadline

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-08-2024, 31 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 · 7 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

31 d late

2022

16 d late

2021

58 d late

2020

65 d early

2019

64 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)

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

31-08-24 Annual accounts filedfiscal year 2023 · abbreviated…
31-12-23 Weakest financial yearnet -€540,250
16-08-23 Annual accounts filedfiscal year 2022 · abbreviated…

Key points

Risk: Accounts not fileddeadline was 31-07-2025 429 d late View
Caution: Result fell in 2023from -€38,642 to -€540,250 ▼ 1,298% View
Caution: Among the weakest 5% on net resultsector median €44,637 · 8,966 companies -€540,250 View
Caution: 2 loss-making years in a rowloss fiscal year 2023 -€540,250 View