Financials
- Fiscal year
- 2024
- Total assets
- €78,786
- Profit
- €2,765
- Solvency
- 68.7%
Total assets▼ 20.1%
Net result
20192024
KGN DESIGN
ActiveSummary
KGN DESIGN has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €54,165 and a net result of €2,765. Equity is growing by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 57% of 20773 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Activity
Computer consultancy and computer facilities management
NACE 62200IT consultancy NACE 62020
1 site
Size
€78,786total assets 2024
- Equity
- €54,165
- Profit
- €2,765
Structure
Accounts 64 d overdue0 of 1 deed read
Why 86- Figures for FY 2024 (filed 23-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 48 days late; 2 of the last 3 late+ Sector Computer programming, consultancy and related activities (NACE 62)+ Liquidity: current ratio 3.01, cash €64,228Show the evidence
Checked score
Score 2024
86
/ 100
Excellent
Probability in this band: under 0.55%
Better than 47% of its sector peers (NACE 62, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Strong
Solvency
94-2
equity 68.7% of total assets
Liquidity
87-1
short-term debt 31.3% · cash 81.5%
Profitability
73+12
return on assets 3.5%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: < 0.1%
12-2024: < 0.1%● 0.0% vs 11-2024
01-2025: < 0.1%▼ -5.7% vs 12-2024lowest value
02-2025: < 0.1%● 0.0% vs 01-2025lowest value
03-2025: < 0.1%● 0.0% vs 02-2025lowest value
04-2025: < 0.1%● 0.0% vs 03-2025lowest value
05-2025: < 0.1%● 0.0% vs 04-2025lowest value
06-2025: < 0.1%● 0.0% vs 05-2025lowest value
07-2025: < 0.1%▲ +6.1% vs 06-2025
08-2025: < 0.1%▲ +40.0% vs 07-2025
09-2025: 0.1%▲ +36.7% vs 08-2025
10-2025: 0.1%▼ -20.9% vs 09-2025
11-2025: 0.1%● 0.0% vs 10-2025
12-2025: 0.1%● 0.0% vs 11-2025
01-2026: < 0.1%▼ -9.4% vs 12-2025
02-2026: < 0.1%● 0.0% vs 01-2026
03-2026: < 0.1%● 0.0% vs 02-2026
04-2026: < 0.1%● 0.0% vs 03-2026
05-2026: < 0.1%● 0.0% vs 04-2026
06-2026: < 0.1%▲ +2.1% vs 05-2026
07-2026: 0.1%▲ +6.1% vs 06-2026
08-2026: 0.1%▲ +110% vs 07-2026
09-2026: 0.1%▲ +35.8% vs 08-2026
10-2026: 0.3%▲ +89.9% vs 09-2026highest value
- Figures for FY 2024 (filed 23-09-2025) raises the probability
- Sector Computer programming, consultancy and related activities (NACE 62) lowers the probability
- Liquidity: current ratio 3.01, cash €64,228 lowers the probability
- 1 financial year not filed after the legal deadline; latest accounts 48 days late; 2 of the last 3 late raises the probability
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 3.01 against 3.41 in 2023; short-term debt: 31.3% and cash: 81.5% of total assets), and 31.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 62, micro). Better than this share of them on solvency 61%, liquidity 72%, profitability 32%, growth against the median 24%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-09-2025, 48 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
48 d late
2023
43 d late
2022
20 d late
2021
16 d late
2020
2 d late
2019
76 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 34 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · full…
- Annual accounts filedfiscal year 2022 · full…
Key points
By topic
Timeline
- Events
- 7
- Since
- 2020
- 17-09-2025Annual accounts filed
- 12-09-2024Annual accounts filed
- 20-08-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Founded
- 21-12-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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