KMD GROUP
ActiveThe computed 12-month bankruptcy probability of KMD GROUP is 7.4% (elevated). The 2024 annual accounts show equity of €42k and a net result of €12k. Equity is growing by ~24.9% per year across the filed fiscal years. Its solvency ranks better than 50% of 18938 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
61
/ 100
Healthy▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency34▼-20
Growth78=
Stability94
Bankruptcy probability, 12 months
7.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.4 against 0.81 in 2023), and 70.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
29.2%
Return on assets
8.6%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-07-2025, 5 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
5 d early
2023
31 d late
2022
31 d late
2021
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€42k▲ 41.8%
2023 · €30k
2021: €22k
2022: €23k
2023: €30k
2021 → 2024
Total assets
€144k▲ 82.8%
2023 · €79k
2021: €48k
2022: €55k
2023: €79k
2021 → 2024
Net result
€12k▲ 99.9%
2023 · €6k
2021: €4k
2022: €1k
2023: €6k
2021 → 2024
Working capital
€-61k▼ 541%
2023 · €-10k
2021: €-17k
2022: €-17k
2023: €-10k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€22k-€23k▲ 5.0%€30k▲ 26.4%€42k▲ 41.8%
Operating result€4k-€2k▼ 61.5%€9k▲ 413%€36k▲ 301%
Net result€4k-€1k▼ 74.5%€6k▲ 458%€12k▲ 99.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 301% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €144k
Fixed assets
€103k▲ 163%
Current assets
€41k▲ 3.1%
Equity and liabilities €144k
Equity
€42k▲ 41.8%
Debt
€102k▲ 108%
The debt ratio rises from 62.4% to 70.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€46k▲
2023 · €15k
Cash flow
€23k▲
2023 · €12k
Solvency
29.2%▼
2023 · 37.6%
Current ratio
0.40▼
2023 · 0.81
Quick ratio
0.33▼
2023 · 0.76
Debt / equity
2.43▲
2023 · 1.66
ROE
29.5%▲
2023 · 20.9%
ROA
8.6%▲
2023 · 7.9%
Interest coverage
18.70▲
2023 · 10.08
Debt
€102k▲
2023 · €49k
Debt ≤ 1 year
€102k▲
2023 · €49k
Income taxes
€1k▲
2023 · €1k
Staff costs
€50k▲
2023 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€79k€144k▲
Fixed assets21/28€39k€103k▲
Intangible fixed assets21€25k€21k▼
Tangible fixed assets22/27€8k€76k▲
Plant, machinery and equipment23€2k€17k▲
Furniture and vehicles24€5k€57k▲
Other tangible fixed assets26€908€2k▲
Financial fixed assets28€7k€7k=
Current assets29/58€40k€41k▲
Stocks and contracts in progress3€2k€7k▲
Stocks30/36€2k€7k▲
Amounts receivable within one year40/41€791€37▼
Other amounts receivable41€791€37▼
Cash at bank and in hand54/58€33k€32k▼
Deferred charges and accrued income490/1€4k€2k▼
Equity and liabilities
Total equity and liabilities10/49€79k€144k▲
Equity10/15€30k€42k▲
Contributions10/11€18k€18k=
Profit (loss) carried forward14€12k€24k▲
Amounts payable17/49€49k€102k▲
Amounts payable within one year42/48€49k€102k▲
Current portion of amounts payable after more than one year42€2k€4k▲
Trade debts44€34k€35k▲
Suppliers440/4€34k€35k▲
Advances received on contracts in progress46€5k€9k▲
Taxes, remuneration and social security45€7k€12k▲
Taxes450/3€1k€853▼
Remuneration and social security454/9€6k€11k▲
Other amounts payable47/48€1k€42k▲
Income statement
Code20232024
Remuneration, social security and pensions62€34k€50k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€8k€8k▼
Gross operating margin9900€58k€103k▲
Operating profit (loss)9901€9k€36k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€1k€22k▲
Recurring financial charges65€1k€2k▲
Non-recurring financial charges66B-€19k
Profit (loss) for the period before taxes9903€7k€14k▲
Income taxes67/77€1k€1k▲
Profit (loss) for the period9904€6k€12k▲
Profit (loss) for the period to be appropriated9905€6k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€24k▲
Profit (loss) brought forward from the previous period14P€5k€12k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €12k ▲99.9%
Operating result €36k, net result €12k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €1k ▼74.5%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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, Ukkel · 1 establishment unit since 2021
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.
Alsembergsesteenweg 4131180 UkkelGround area
74 m²
Building footprint
54 m²
Volume, LiDAR
725 m³
Parcel 21616A0267/00V036, Brussels · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
KMD GROUP SRL
since 20212.318.828.550
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616A0267/00V036 | Brussels | 74 m² | 1 · 54 m² | 18.2 m · 5 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteUkkel2.318.828.550
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POULIDOR
BE 0730.876.192
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BE 0643.532.048
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JURASSIC
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Esneux · Eq €42k
Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 9,622 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2021
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:kmdgroupsrl@gmail.com