KM-E
ActiveSummary
KM-E has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €170,856 and a net result of €72,159. Its solvency ranks better than 48% of 9,848 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-10-2023 Normal situation
- Activity
- Wholesale of other machinery and equipment NACE 46649and 1 other
- Establishment unit
- 2.350.764.910 8800 Roeselare, since 03-10-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 29-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts 2025
- Gross margin
- €109,923
- ▼ 26.0%
- Turnover
- ≈ €560,000
- estimated
- Profit
- €72,159
- ▼ 29.3%
- Equity
- €170,856
- ▲ 70.2%
- Total assets
- €412,209
- ▼ 8.6%
Score breakdownraises riskFounded in 2023Profit of €72,159 (financial year 2025)lowers riskLiquidity: current ratio 5.10, cash €108,548Figures for financial year 2025 (filed on 04-05-2026)Show the evidence
Checked score
Score 2025
89
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 77% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency
66+19
equity 41.4% of total assets
Liquidity
78-7
short-term debt 18.3% · cash 26.3%
Profitability
91-6
return on assets 17.5%
Bankruptcy probability within 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
12-2024: 1.7%
01-2025: 2.0%▲ +0.3 percentage points vs 12-2024
02-2025: 2.1%▲ +0.1 percentage points vs 01-2025highest value
03-2025: 0.3%▼ -1.8 percentage points vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.4%▲ +0.1 percentage points vs 04-2026
06-2026: 0.3%▼ -0.1 percentage points vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026lowest value
08-2026: 0.3%● unchanged vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Credit of up to €15,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 5.1 (2.66 in 2024), above the usual 1.5. Short-term debt is 18.3% and cash 26.3% of total assets. However, 58.6% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 46, micro). It does better than 50% of them on solvency, 81% on liquidity, 85% on profitability and 91% on growth.
The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-05-2026, 88 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
88 days early
2024
156 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 122 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 04-05-2026 PDF all 2 filings
Turnover
≈ €560,000
Estimated: probably between €280,000 and €1.0m
Total assets
€412,209▼ 8.6%
2024 · €450,858
Net result
€72,159▼ 29.3%
2024 · €102,021
Working capital
€309,420▲ 19.8%
2024 · €258,197
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€99,691
▼ 27.7%
2025
20242025
Net result
€72,159
▼ 29.3%
2025
middle half of the sector
20242025
Equity
€170,856
▲ 70.2%
2025
middle half of the sector
20242025
Total assets
€412,209
▼ 8.6%
2025
middle half of the sector
20242025
Debt
€241,353
▼ 31.1%
2025
20242025
Working capital
€309,420
▲ 19.8%
2025
middle half of the sector
20242025
Solvency
41.4%
▲ 19.2pp
2025
middle half of the sector
20242025
Current ratio
5.10
▲ 2.44
2025
highest quarter of the sector
20242025
Return on assets (ROA)
17.5%
▼ 5.1pp
2025
highest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result€137,900-€99,691▼ 27.7%
Net result€102,021within the sector's middle half-€72,159within the sector's middle half▼ 29.3%
Equity€100,363below the sector's middle half-€170,856within the sector's middle half▲ 70.2%
Total assets€450,858below the sector's middle half-€412,209within the sector's middle half▼ 8.6%
Debt€350,495-€241,353▼ 31.1%
Working capital€258,197within the sector's middle half-€309,420within the sector's middle half▲ 19.8%
Solvency22.3%within the sector's middle half-41.4%within the sector's middle half▲ 19.2pp
Current ratio2.66within the sector's middle half-5.10above the sector's middle half▲ 2.44
Return on assets (ROA)22.6%above the sector's middle half-17.5%above the sector's middle half▼ 5.1pp
above
within
below
The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 28% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €412,209
Fixed assets
€27,256 ▼ 26.2%
Current assets
€384,953 ▼ 7.0%
Equity and liabilities €412,209
Equity
€170,856 ▲ 70.2%
Debt
€241,353 ▼ 31.1%
Debt's share of the balance-sheet total falls from 77.7% to 58.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€109,377▼
2024 · €148,299
Cash flow
€81,845▼
2024 · €112,420
Quick ratio
3.31▲
2024 · 1.91
Debt to equity
1.41▼
2024 · 3.49
ROE
42.2%▼
2024 · 101.7%
Interest coverage
12.27▼
2024 · 15.10
Debt ≤ 1 year
€75,533▼
2024 · €155,718
Debt > 1 year
€165,467▼
2024 · €194,777
Income taxes
€19,178▼
2024 · €26,533
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €45,275 | - |
| Depreciation and write-downs of the year | €10,399 | €9,686 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 · 1 entry · €358 awarded · €296 paidAnnual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,399 | €9,686 | ▼ 6.9% |
| Other operating charges640/8 | €296 | €546 | ▲ 84.4% |
| Gross operating margin9900 | €148,595 | €109,923 | ▼ 26.0% |
| Operating profit (loss)9901 | €137,900 | €99,691 | ▼ 27.7% |
| Financial income75/76B | €477 | €560 | ▲ 17.4% |
| Recurring financial income75 | €477 | €560 | ▲ 17.4% |
| Financial charges65/66B | €9,822 | €8,914 | ▼ 9.3% |
| Recurring financial charges65 | €9,822 | €8,914 | ▼ 9.3% |
| Profit (loss) for the period before taxes9903 | €128,554 | €91,337 | ▼ 29.0% |
| Income taxes67/77 | €26,533 | €19,178 | ▼ 27.7% |
| Profit (loss) for the period9904 | €102,021 | €72,159 | ▼ 29.3% |
| Profit (loss) for the period to be appropriated9905 | €102,021 | €72,159 | ▼ 29.3% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €450,858 | €412,209 | ▼ 8.6% |
| Fixed assets21/28 | €36,942 | €27,256 | ▼ 26.2% |
| Tangible fixed assets22/27 | €36,942 | €27,256 | ▼ 26.2% |
| Furniture and vehicles24 | €36,942 | €27,256 | ▼ 26.2% |
| Current assets29/58 | €413,915 | €384,953 | ▼ 7.0% |
| Stocks and contracts in progress3 | €116,048 | €134,838 | ▲ 16.2% |
| Stocks30/36 | €116,048 | €134,838 | ▲ 16.2% |
| Amounts receivable within one year40/41 | €91,740 | €140,281 | ▲ 52.9% |
| Trade receivables40 | €91,740 | €134,281 | ▲ 46.4% |
| Other amounts receivable41 | - | €6,000 | - |
| Cash at bank and in hand54/58 | €206,128 | €108,548 | ▼ 47.3% |
| Deferred charges and accrued income490/1 | - | €1,286 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €450,858 | €412,209 | ▼ 8.6% |
| Equity10/15 | €100,363 | €170,856 | ▲ 70.2% |
| Contributions10/11 | €60 | €60 | = |
| Reserves13 | €100,000 | €150,000 | ▲ 50.0% |
| Distributable reserves133 | €100,000 | €150,000 | ▲ 50.0% |
| Profit (loss) carried forward14 | €303 | €20,796 | ▲ 69× |
| Amounts payable17/49 | €350,495 | €241,353 | ▼ 31.1% |
| Amounts payable after more than one year17 | €194,777 | €165,467 | ▼ 15.0% |
| Financial debts170/4 | €194,777 | €165,467 | ▼ 15.0% |
| Amounts payable within one year42/48 | €155,718 | €75,533 | ▼ 51.5% |
| Current portion of amounts payable after more than one year42 | €28,163 | €29,310 | ▲ 4.1% |
| Trade debts44 | €50,747 | €4,244 | ▼ 91.6% |
| Suppliers440/4 | €50,747 | €4,244 | ▼ 91.6% |
| Taxes, remuneration and social security45 | €68,228 | €37,172 | ▼ 45.5% |
| Taxes450/3 | €68,228 | €37,172 | ▼ 45.5% |
| Other amounts payable47/48 | €8,580 | €4,807 | ▼ 44.0% |
| Accrued charges and deferred income492/3 | - | €354 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €102,021 | €72,159 | ▼ 29.3% |
| + Depreciation and write-downs630 | €10,399 | €9,686 | ▼ 6.9% |
| Operating cash flow (approximation) | €112,420 | €81,845 | ▼ 27.2% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€97,580 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as KM-E has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
95.8%
was still going
2.3%
stopped otherwise
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of KM-E itself is lower: 0.3% within 12 months. It rests on far more data about KM-E than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for KM-E. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Directors
1 director, no change since 2023
OPSOMER Dennis
Current
Niet statutaire bestuurder · appointed in the act of 05-10-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 04-05-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 05-10-2023Owners and capital
Shareholders
At incorporation
act of 05-10-2023 ↗
- OPSOMER Dennis all shares
Capital transactions
Capital over time
- 05-10-2023 Incorporation · €60
Network & group
KM-E shares no director with another company.
Companies at the same address
1 other companyConnections & network
1 current directorThe network starts from the directors of KM-E. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
04-05
abbreviated format · 88 days before the deadline
2025
31-12
Financial
Equity above €150,000equity €170,856 ▲70.2%
With a profit in every financial year since 2024, equity grows to €170,856.
25-02
abbreviated format · 156 days before the deadline
2023
05-10
Gazette deed
IncorporationStarting capital €60 · Appointment: OPSOMER Dennis (niet statutaire bestuurder) · Founder7 points ▸
Gazette deed
Incorporation
Starting capital €60 · Appointment: OPSOMER Dennis (niet statutaire bestuurder) · Founder7 points ▸
- Incorporation, 02-10-2023
- Founder, OPSOMER Dennis
- Founding capital, €60
- Registered office clause, “8800 Roeselare, Zwaaikomstraat 21” (deed in Dutch)
- Pre-incorporation commitments, “takeover”, 01-09-2023 (deed in Dutch)
- Director appointment, OPSOMER Dennis (niet statutaire bestuurder)
- OPSOMER Dennis holds all the shares
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
KM-E was incorporated on 3 October 2023 as a private limited company by one natural person, with a starting capital of €60.12 OPSOMER Dennis is niet statutaire bestuurder of the company, appointed in the act of 05-10-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Register details
Identity
KBO recordName
KM-E in Dutch
Enterprise number
1000.688.424
Legal form
Private limited company
Status
Active, normale toestand
Founded
03-10-2023
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 05-10-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, Zwaaikomstraat 21,8800 Roeselare”
deed of 05-10-2023 (in Dutch)Registered office and establishments
Registered office
Zwaaikomstraat 21, 8800 Roeselare, Belgium
Establishment unit
KM-E, Zwaaikomstraat 21, 8800 Roeselare since 03-10-2023 · unit number 2.350.764.910
Activities
NACEBEL 202546649
Wholesale of other machinery and equipment main activity
46180
Agents specialised in the wholesale of other particular products
Codes under NACEBEL 2008
46699
Wholesale trade main activity
46180
Wholesale trade
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 05-10-2023 (in Dutch)
“Het uitvoeren van alle activiteiten in verband met de ontwikkeling,de productie,de assemblage,de aan- en verkoop,de in- en uitvoer,het…”
19 activities
- Het uitvoeren van alle activiteiten in verband met de ontwikkeling,de productie,de assemblage,de aan- en verkoop,de in- en uitvoer,het opslaan,de herstelling,de verdeling,het huren en verhuren,het in leasing geven en nemen,van alle mogelijke pressen,compactoren,en gelijkaardige installaties,onderdelen,wisselstukken,accessoires,componenten en toebehoren
- Het uitvoeren van alle activiteiten in verband met de ontwikkeling,de productie,de assemblage,de aan- en verkoop,de in- en uitvoer,het opslaan,de herstelling,de verdeling van alle mogelijke bindmaterialen,toebehoren,verpakkingsmaterialen,onderhoudsproducten en alle mogelijke aanverwante producten
- Het uitvoeren van alle activiteiten in verband met de ontwikkeling,de productie,de installatie,de assemblage,de aan- en verkoop,de in- en uitvoer,het opslaan,de herstelling,de verdeling,het huren en verhuren,het in leasing geven en nemen van alle machines en installaties in het algemeen in de meest uitgebreide zin
- Het uitvoeren van alle studies en onderzoek;het verrichten van marktonderzoek;promotie,raadgeving,prospectie,marketing,techno-consult,assistentie op gebied van management,engineering en consulting;technisch,commercieel,administratief,financieel,fiscaal en juridisch beheer en advies
- Het beheer,het verwerven,de aan- en verkoop;het huren- en verhuren,de commissiehandel en vertegenwoordiging,de instandhouding en valorisatie van een roerend vermogen,de huurfinanciering,leasing van roerende goederen aan derden,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en dit van aard zijn de opbrengst van de roerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen
- Het uitvoeren van alle activiteiten in verband met de ontwikkeling,de productie,de studie,de aan- en verkoop,de in- en uitvoer,de overdracht,de verdeling,de organisatie van software
- Het optreden als studie-,organisatie-,en raadgevend bureau in informatica en automatisatie
- De kleinhandel met meer dan één afdeling;de groothandel
- Het toestaan van leningen en kredietopeningen aan vennootschappen of particulieren onder om het even welke vorm;in dit kader kan zij zich ook borg stellen of haar aval verlenen,in de meest ruime zin,alle handels- en financiële operaties verrichten behalve die welke wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatie-ondernemingen
- Het waarnemen van alle bestuursopdrachten in vennootschappen,het uitoefenen van mandaten en functies in ondernemingen
- Het beheer,het verwerven,de aan- en verkoop,het huren- en verhuren,de commissiehandel en vertegenwoordiging,de instandhouding en valorisatie van een onroerend vermogen,de huurfinanciering,leasing van onroerende goederen aan derden,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de onroerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen,alsmede zich borgstellen voor het goede verloop van verbintenissen door derde personen aangegaan die het genot zouden hebben van deze onroerende goederen
- Het ontwikkelen,kopen,verkopen,beheer,in waarde stellen,in licentie nemen of geven van brevetten,octrooien,knowhow en andere intellectuelen rechten
- De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,in de kort tussenpersoon in de handel
- Het verwerven,hetzij door inschrijving of aankoop,van aandelen,obligaties,kasbons of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse bestaande of nog op te richten vennootschappen alsook het beheer van deze roerende waarden,dit alles enkel voor eigen rekening of in deelneming met derden
- Het bevorderen van de oprichting van vennootschappen door inbreng,participatie of investering
- Het nemen van belangen bij middel van inbreng,fusie,opslorping,inschrijving op aandelen,deelneming of op gelijk welke andere wijze in alle ondernemingen,verenigingen of vennootschappen,Belgische of buitenlandse;Zij mag aldus alle overeenkomsten afsluiten strekkende tot de rationalisering,samenwerking of associatie of andere,met dergelijke ondernemingen,verenigingen of vennootschappen
- Het optreden als tussenpersoon bij onderhandelingen voor gehele of gedeeltelijke overname van aandelen;in de meest ruime betekenis het deelnemen aan emissieverrichtingen van aandelen en vastrentende waarden door intekening,waarborg plaatsing,verhandeling,of anderszins,alsmede het verwezenlijken van om het even welke verrichtingen inzake portefeuille- of kapitaalsbestuur,dit alles voor eigen rekening
- Alle verrichtingen van commerciële,industriële,onroerende,roerende of financiële aard die rechtstreeks of onrechtstreeks,met haar voorwerp verwant of verknocht zijn of de verwezenlijking ervan kunnen bevorderen
- Met het oog hierop deelnemen in industriële en handelsondernemingen die eenzelfde,analoog of verwant voorwerp hebben of die van aard zijn dat ze de groei van de vennootschap bevorderen
Invoicing and payment
VAT number
BE 1000.688.424
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Saturday of June at 19:00
deed of 05-10-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
2,584 m²
Building footprint
1,031 m²
Building volume
6,275 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36502B1276/00B000 | Flanders | 2,584 m² | 1 · 1,031 m² | 8.1 m · 2 |