KGS
ActiveSummary
KGS has been active since 1963 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17.0m and a net result of -€2,500. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 95% of 87 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
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Signals
This company filed its last 7 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 2 days before the deadline, and 43% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 11, Manufacture of beverages, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 823 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96% are still going.
- Medium-sized
- 20 years or older
- solvency 30% or more
- a small loss
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 823 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating charges60/66A | €1,555 | €1,354 | €1,481 | €1,464 | €1,886 | ▲ 28.9% |
| Services and other goods61 | €625 | €359 | €388 | €362 | €751 | ▲ 107% |
| Other operating charges640/8 | €930 | €995 | €1,093 | €1,102 | €1,135 | ▲ 3.0% |
| Operating profit (loss)9901 | -€1,555 | -€1,354 | -€1,481 | -€1,464 | -€1,886 | ▼ 28.9% |
| Financial charges65/66B | €475 | €477 | €724 | €636 | €613 | ▼ 3.6% |
| Recurring financial charges65 | €475 | €477 | €724 | €636 | €613 | ▼ 3.6% |
| Other financial charges652/9 | €475 | €477 | €724 | €636 | €613 | ▼ 3.6% |
| Profit (loss) for the period before taxes9903 | -€2,030 | -€1,831 | -€2,205 | -€2,100 | -€2,500 | ▼ 19.0% |
| Profit (loss) for the period9904 | -€2,030 | -€1,831 | -€2,205 | -€2,100 | -€2,500 | ▼ 19.0% |
| Profit (loss) for the period to be appropriated9905 | -€2,030 | -€1,831 | -€2,205 | -€2,100 | -€2,500 | ▼ 19.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17.0m | €17.0m | €17.0m | €17.0m | €17.0m | = |
| Fixed assets21/28 | €5.8m | €5.8m | €5.8m | €5.8m | €5.8m | = |
| Financial fixed assets28 | €5.8m | €5.8m | €5.8m | €5.8m | €5.8m | = |
| Affiliated companies280/1 | €5.8m | €5.8m | €5.8m | €5.8m | €5.8m | = |
| Participating interests280 | €5.8m | €5.8m | €5.8m | €5.8m | €5.8m | = |
| Current assets29/58 | €11.1m | €11.1m | €11.1m | €11.1m | €11.1m | = |
| Amounts receivable after more than one year29 | €6.2m | €6.2m | €6.2m | €6.2m | €6.2m | = |
| Other amounts receivable291 | €6.2m | €6.2m | €6.2m | €6.2m | €6.2m | = |
| Amounts receivable within one year40/41 | €81,500 | €79,980 | €77,730 | €76,630 | €73,230 | ▼ 4.4% |
| Other amounts receivable41 | €81,500 | €79,980 | €77,730 | €76,630 | €73,230 | ▼ 4.4% |
| Current investments50/53 | €4.8m | €4.8m | €4.8m | €4.8m | €4.8m | = |
| Own shares50 | €4.8m | €4.8m | €4.8m | €4.8m | €4.8m | = |
| Cash at bank and in hand54/58 | €249 | - | €83 | €76 | €32 | ▼ 58.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17.0m | €17.0m | €17.0m | €17.0m | €17.0m | = |
| Equity10/15 | €17.0m | €17.0m | €17.0m | €17.0m | €17.0m | = |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €16.9m | €16.9m | €16.9m | €16.9m | €16.9m | = |
| Non-distributable reserves130/1 | €5.0m | €5.0m | €5.0m | €5.0m | €5.0m | = |
| Legal reserve130 | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Own shares acquired1312 | €4.8m | €4.8m | €4.8m | €4.8m | €4.8m | = |
| Other1319 | €26,497 | €26,497 | €26,497 | €26,497 | €26,497 | = |
| Tax-exempt reserves132 | €3.1m | €3.1m | €3.1m | €3.1m | €3.1m | = |
| Distributable reserves133 | €8.8m | €8.8m | €8.8m | €8.8m | €8.8m | = |
| Amounts payable17/49 | €442 | €504 | €542 | €1,535 | €591 | ▼ 61.5% |
| Amounts payable within one year42/48 | €321 | €379 | €421 | €1,328 | €372 | ▼ 72.0% |
| Financial debts43 | - | €20 | - | - | - | - |
| Credit institutions430/8 | - | €20 | - | - | - | - |
| Trade debts44 | €321 | €359 | €421 | €1,328 | €372 | ▼ 72.0% |
| Suppliers440/4 | €321 | €359 | €421 | €1,328 | €372 | ▼ 72.0% |
| Accrued charges and deferred income492/3 | €121 | €125 | €121 | €207 | €218 | ▲ 5.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,030 | -€1,831 | -€2,205 | -€2,100 | -€2,500 | ▼ 19.0% |
| Operating cash flow (approximation) | -€2,030 | -€1,831 | -€2,205 | -€2,100 | -€2,500 | ▼ 19.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | - | - | -€7 | -€44 | ▼ 532% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71443E0023/00V000 | Flanders | 1.7 ha | 1 · 1.7 ha | 22.7 m · 2 fl. |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
2 owners · 1 holdingChain of control
Highest known parent: A-ware Dairy Products Belgium Holding. The sources do not say who stands above it.
Owners 2
- INCOPACKparent63%
-
37%
Holdings 1
-
100%
According to the 2025 annual accounts of KGS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.