Financials
- Fiscal year
- 2024
- Total assets
- €2,096
- Loss
- -€2,827
- Solvency
- 99.6%
The computed 12-month bankruptcy probability of KGC SOLUTIONS is 10.9% (high). The annual accounts of KGC SOLUTIONS for fiscal year 2024 show a net loss of 135% of total assets and of 58% of the equity at the start of that year. The 2024 annual accounts show equity of €2,087 and a net result of -€2,827. Equity is shrinking by ~23.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 95% of 6,728 sector peers (NACE 49, fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro): better than 92% on solvency, 98% on liquidity, 6% on profitability and 10% on growth.
The bankruptcy probability was computed on 07-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
This company filed its last 6 accounts on average 11 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Checked is under active development. If something looks wrong, please tell us.