KM46
ActiveSummary
The computed 12-month bankruptcy probability of KM46 is 1.7% (moderate). The 2025 annual accounts show negative equity (-€39,629) and a net result of €1,297. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 5% of 11508 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 7 accounts on average 54 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% 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 3,632 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 |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €348 | - | - | - | - |
| Gross operating margin9900 | €828 | €1,401 | -€105 | -€1,336 | €1,370 | ▲ 203% |
| Operating profit (loss)9901 | €334 | €1,054 | -€105 | -€1,336 | €1,370 | ▲ 203% |
| Recurring financial income75 | €1 | - | - | - | - | - |
| Financial charges65/66B | - | €67 | €69 | €69 | €74 | ▲ 6.4% |
| Recurring financial charges65 | €64 | €67 | €69 | €69 | €74 | ▲ 6.4% |
| Profit (loss) for the period before taxes9903 | €270 | €986 | -€174 | -€1,405 | €1,297 | ▲ 192% |
| Profit (loss) for the period9904 | €270 | €986 | -€174 | -€1,405 | €1,297 | ▲ 192% |
| Profit (loss) for the period to be appropriated9905 | €270 | €986 | -€174 | -€1,405 | €1,297 | ▲ 192% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10,302 | €6,458 | €21,237 | €7,500 | €15,532 | ▲ 107% |
| Current assets29/58 | €10,302 | €6,458 | €21,237 | €7,500 | €15,532 | ▲ 107% |
| Amounts receivable within one year40/41 | €7,909 | €3,987 | €2,076 | €7,350 | €13,746 | ▲ 87.0% |
| Trade receivables40 | - | €3,952 | €1,800 | €7,108 | €13,504 | ▲ 90.0% |
| Other amounts receivable41 | - | €34 | €276 | €242 | €242 | = |
| Cash at bank and in hand54/58 | €2,393 | €2,472 | €791 | €149 | €1,786 | ▲ 1,097% |
| Deferred charges and accrued income490/1 | - | - | €18,370 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10,302 | €6,458 | €21,237 | €7,500 | €15,532 | ▲ 107% |
| Equity10/15 | -€40,332 | -€39,346 | -€39,520 | -€40,925 | -€39,629 | ▲ 3.2% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Outside capital11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Other1109/19 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€58,932 | -€57,946 | -€58,120 | -€59,525 | -€58,229 | ▲ 2.2% |
| Amounts payable17/49 | €50,634 | €45,804 | €60,757 | €48,425 | €55,161 | ▲ 13.9% |
| Amounts payable within one year42/48 | €50,634 | €45,804 | €42,813 | €48,425 | €55,161 | ▲ 13.9% |
| Trade debts44 | €16,152 | €11,551 | €8,349 | €13,404 | €19,663 | ▲ 46.7% |
| Suppliers440/4 | - | €11,551 | €8,349 | €13,404 | €19,663 | ▲ 46.7% |
| Taxes, remuneration and social security45 | - | - | €430 | €987 | €1,464 | ▲ 48.4% |
| Taxes450/3 | - | - | €430 | €987 | €1,464 | ▲ 48.4% |
| Other amounts payable47/48 | - | €34,253 | €34,034 | €34,034 | €34,034 | = |
| Accrued charges and deferred income492/3 | - | - | €17,945 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €270 | €986 | -€174 | -€1,405 | €1,297 | ▲ 192% |
| Operating cash flow (approximation) | €270 | €986 | -€174 | -€1,405 | €1,297 | ▲ 192% |
| Change in cash | - | €79 | -€1,681 | -€642 | €1,637 | ▲ 355% |
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 6 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 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0004/00Y043 | Brussels | 827 m² | 1 · 716 m² | 17.8 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector and region
Identification & contact
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Register as of 29 September 2026 · Peppol Directory
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