KERN Design

Active

Private limited companyfounded 20242 yrs activePeelsestraat 97, 2380 Ravels, BelgiumKBO/BCE: BE 1012.035.642

The computed 12-month bankruptcy probability of KERN Design is 2.8% (moderate). The 2024 annual accounts show equity of €32k and a net result of €26k. Its solvency ranks better than 74% of 36378 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

93 / 100

Excellent

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability100

Solvency100

Growth-

Stability67

Bankruptcy probability, 12 months

2.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity ample (current ratio 2.95), and 31.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

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

+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-04-2025, 107 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2024

107 d early

← before the deadline after the deadline →

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

€32k

Total assets

€47k

Net result

€26k

Working capital

€29k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €47k

93.1%

Fixed assets €3k

Current assets €44k

Equity and liabilities €47k

68.5%

31.5%

Equity €32k

Debt €15k

Debt finances 31.5% of the balance-sheet total.

Key figures and ratios

2024 value

EBITDA

€33k

Cash flow

€26k

Solvency

68.5%

Current ratio

2.95

Quick ratio

2.95

Debt / equity

0.46

ROE

81.4%

ROA

55.8%

Interest coverage

581.05

Debt

€15k

Debt ≤ 1 year

€15k

Income taxes

€7k

Filed annual accounts

As filed with the NBB · 2024

Balance sheet Code2024

Assets

Total assets20/58€47k

Fixed assets21/28€3k

Tangible fixed assets22/27€3k

Plant, machinery and equipment23€3k

Current assets29/58€44k

Amounts receivable within one year40/41€20k

Trade receivables40€19k

Other amounts receivable41€1k

Cash at bank and in hand54/58€23k

Equity and liabilities

Total equity and liabilities10/49€47k

Equity10/15€32k

Contributions10/11€6k

Reserves13€26k

Distributable reserves133€26k

Amounts payable17/49€15k

Amounts payable within one year42/48€15k

Trade debts44€5k

Suppliers440/4€5k

Taxes, remuneration and social security45€10k

Taxes450/3€10k

Income statement Code2024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81

Other operating charges640/8€427

Gross operating margin9900€33k

Operating profit (loss)9901€33k

Financial income75/76B€109

Recurring financial income75€109

Financial charges65/66B€57

Recurring financial charges65€57

Profit (loss) for the period before taxes9903€33k

Income taxes67/77€7k

Profit (loss) for the period9904€26k

Profit (loss) for the period to be appropriated9905€26k

Appropriation of the result

Profit (loss) to be appropriated9906€26k

Transfer to equity691/2€26k

To other reserves6921€26k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 1Filings 1

2025

15-04

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Ravels · 1 establishment unit since 2024

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Peelsestraat 972380 Ravels

Ground area

801 m²

Building footprint

427 m²

Volume, LiDAR

1,706 m³

Parcel 13035B0055/00G002, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

KERN Design

Peelsestraat 97, 2380 RavelsManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

since 20242.362.580.795

1 parcel

Flanders 1 (100%)