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KM COMPETITION

Active
Public limited companyfounded 20224 yrs activeRue Laguesse 40, 4430 Ans, BelgiumKBO/BCE: BE 0782.845.923
Summary

The computed 12-month bankruptcy probability of KM COMPETITION is 11.4% (high). The 2024 annual accounts show negative equity (-€2.4m) and a net result of -€1.0m. Its solvency ranks better than 5% of 6544 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of motorcycles and motorcycle parts and accessories
NACE 47830NACE 45201NACE 45402
1 site
Size
€116,319turnover 2024
Staff
1 FTE
Equity
-€2.4m
Loss
-€1.0m
Financial health
29 Weak Checked score 2024
Bankruptcy chance 12 m
11.4%
Structure
Parent
GAS MANAGEMENT · 56%
Accounts 64 d overdue0 of 4 deeds read
Why 29- 1 change of registered office in 24 months- Figures for FY 2024 (filed 30-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 57 days late; 2 of the last 3 late- Loss of €1.0m, the second in a row (FY 2024)Show the evidence

Checked score

Score 2024
29 / 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 18% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 0=
equity -585.7% of total assets
Liquidity 3+1
short-term debt 678.2% · cash 2.2%
Profitability 0=
return on assets -249.8%
Bankruptcy probability, 12 months
11.4% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (39,919 companies)
Last 24 months 11-2024: 3.8%lowest value 12-2024: 3.8%● 0.0% vs 11-2024lowest value 01-2025: 3.9%▲ +1.8% vs 12-2024 02-2025: 3.9%● 0.0% vs 01-2025 03-2025: 3.8%▼ -1.2% vs 02-2025 04-2025: 3.9%▲ +1.7% vs 03-2025 05-2025: 3.9%● 0.0% vs 04-2025 06-2025: 3.9%▲ +0.8% vs 05-2025 07-2025: 3.9%● 0.0% vs 06-2025 08-2025: 4.4%▲ +13.0% vs 07-2025 09-2025: 4.6%▲ +4.3% vs 08-2025 10-2025: 7.0%▲ +53.0% vs 09-2025 11-2025: 6.5%▼ -7.7% vs 10-2025 12-2025: 6.5%● 0.0% vs 11-2025 01-2026: 6.6%▲ +1.6% vs 12-2025 02-2026: 6.6%● 0.0% vs 01-2026 03-2026: 6.5%▼ -2.0% vs 02-2026 04-2026: 7.6%▲ +16.7% vs 03-2026 05-2026: 7.9%▲ +4.3% vs 04-2026 06-2026: 8.1%▲ +3.1% vs 05-2026 07-2026: 8.2%▲ +0.6% vs 06-2026 08-2026: 8.4%▲ +3.3% vs 07-2026 09-2026: 8.6%▲ +1.5% vs 08-2026 10-2026: 11.4%▲ +33.4% vs 09-2026highest value
  • 1 change of registered office in 24 months raises the probability
  • Figures for FY 2024 (filed 30-09-2025) raises the probability
  • 1 financial year not filed after the legal deadline; latest accounts 57 days late; 2 of the last 3 late raises the probability
  • Loss of €1.0m, the second in a row (FY 2024) raises the probability
No credit on open account
Liquidity short (current ratio 0.04 against 0.11 in 2023; short-term debt: 678.2% and cash: 2.2% of total assets), and equity is negative.
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 47, micro). Better than this share of them on solvency 6%, liquidity 5%, profitability 6%, growth against the median 54%. 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

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 1 change of registered office in 24 months
In the bankruptcy model this factor raises the probability.
Belgian State Gazette
raises risk · Figures for FY 2024 (filed 30-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 57 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Loss of €1.0m, the second in a row (FY 2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
2324
2023 to 2024 · latest year -€2.4m
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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 · 2 filings
Deviation from the deadline
2025
not confirmed
2024
57 d late
2023
65 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 61 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · 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
  1. Annual accounts filedfiscal year 2024 · full…
  2. Annual accounts filedfiscal year 2023 · full…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€2.4m View
  • Positive: Turnover rose in 2024from €13,342 to €116,319 ▲ 772% View
  • Caution: Among the weakest 5% on solvencysector median 32.5% · 6,544 companies -585.7% View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Controlled by GAS MANAGEMENT 56% View

By topic

Financials

Fiscal year
2024
Turnover
€116,319
Loss
-€1.0m
Solvency
-585.7%
Turnover▲ 772%
Net result
20232024
Go to Financials

Timeline

Events
2
Since
2024
  1. 26-09-2025Annual accounts filed
  2. 04-10-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Retail sale of motorcycles and motorcycle parts and…NACE 47830
Founded
03-03-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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