KGS

Active

Private limited companyfounded 20196 yrs activeDingensstraat 1, 3960 Bree, BelgiumKBO/BCE: BE 0737.806.843

KGS has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €148k and a net result of €41k. Its solvency ranks better than 61% of 3941 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2024

73 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes

Profitability84

Solvency69

Growth-

Track record85

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €10k at 30 days acceptable

Liquidity short (current ratio 0.46; short-term debt: 23.5% and cash: 2.4% of total assets), and 55.6% 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.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

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

Gazette · bankruptcies per sector, NACE 01

Relative position

BE, all sectors

reference

Sector 01

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-07-2025, 27 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2024

27 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

€148k

Total assets

€332k

Net result

€41k

Working capital

€-42k

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

Balance-sheet composition

Assets €332k

89.3%

11%

Fixed assets €296k

Current assets €36k

Equity and liabilities €332k

44.4%

55.6%

Equity €148k

Debt €184k

Debt finances 55.6% of the balance-sheet total.

Key figures and ratios

2024 value

EBITDA

€98k

Cash flow

€83k

Solvency

44.4%

Current ratio

0.46

Quick ratio

0.46

Debt / equity

1.25

ROE

27.6%

ROA

12.3%

Interest coverage

29.80

Debt

€184k

Debt ≤ 1 year

€78k

Debt > 1 year

€106k

Income taxes

€11k

Filed annual accounts

As filed with the NBB · 2024

Balance sheet Code2024

Assets

Total assets20/58€332k

Fixed assets21/28€296k

Tangible fixed assets22/27€296k

Plant, machinery and equipment23€190k

Furniture and vehicles24€107k

Current assets29/58€36k

Amounts receivable within one year40/41€14k

Trade receivables40€10k

Other amounts receivable41€5k

Cash at bank and in hand54/58€8k

Deferred charges and accrued income490/1€13k

Equity and liabilities

Total equity and liabilities10/49€332k

Equity10/15€148k

Contributions10/11€6k

Reserves13€141k

Non-distributable reserves130/1€0

Reserves not available under the articles1311€0

Distributable reserves133€141k

Amounts payable17/49€184k

Amounts payable after more than one year17€106k

Financial debts170/4€106k

Amounts payable within one year42/48€78k

Current portion of amounts payable after more than one year42€69k

Trade debts44€5k

Suppliers440/4€5k

Taxes, remuneration and social security45€4k

Taxes450/3€1k

Remuneration and social security454/9€2k

Other amounts payable47/48€265

Income statement Code2024

Non-recurring operating income76A€18k

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k

Other operating charges640/8€2k

Gross operating margin9900€100k

Operating profit (loss)9901€55k

Financial income75/76B€25

Recurring financial income75€25

Financial charges65/66B€3k

Recurring financial charges65€3k

Profit (loss) for the period before taxes9903€52k

Income taxes67/77€11k

Profit (loss) for the period9904€41k

Profit (loss) for the period to be appropriated9905€41k

Appropriation of the result

Profit (loss) to be appropriated9906€41k

Transfer to equity691/2€41k

To other reserves6921€41k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 1Filings 1

2025

04-07

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, Bree · 1 establishment unit since 2019

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.

Dingensstraat 13960 Bree

Ground area

8,616 m²

Building footprint

2,585 m²

Volume, LiDAR

14,458 m³

Parcel 72004B1428/00K000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

KGS

Dingensstraat 1, 3960 BreeGrowing of cereals (except rice), leguminous crops and oil seeds

since 20192.296.022.464

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
72004B1428/00K000	Flanders	8,615 m²	1 · 2,585 m²	7.9 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 13,875 EUR awarded · 13,875 EUR paid

Year	Entries	awarded	paid
2023	1	13,875 EUR	13,875 EUR

Schemes

Investeringssteun voor land- en tuinbouwers

1 entry · 13,875 EUR · 13,875 EUR paid · Vlaams Landbouwinvesteringsfonds

Recognitions · licences · registrations

Food safety, FASFC

1 site

Bree2.296.022.464

1 permission

Boerderij - akkerbouw · since 19-11-2019

Similar companies · same sector, comparable size

Of 5,168 companies in sector 01110 we hold annual accounts for 612. 481 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded19-11-2019

Fiscal year end31-12

Activities, NACEBEL

01110Growing of cereals (except rice), leguminous crops and oil seeds

01610Support activities for crop production

Sources

Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.