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KMK CONSTRUCTION

Active
Private limited companyfounded 20178 yrs activeNoortemstraat 20, 9990 Maldegem, BelgiumKBO/BCE: BE 0685.691.713
Summary

The computed 12-month bankruptcy probability of KMK CONSTRUCTION is 1.8% (moderate). The 2025 annual accounts show equity of €109,823 and a net result of €38,801. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 2412 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201
1 site
Size
€846,114total assets 2025
Equity
€109,823
Profit
€38,801
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2025
Bankruptcy chance 12 m
1.8%
Structure
Accounts filed 48 d late0 of 2 deeds read
Why 54- Latest accounts 48 days late; 2 of the last 3 late- Sector Construction of residential and non-residential buildings (NACE 41)- Equity €109,823 (13.0% of total assets)+ Size: total assets €846,114Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 40% of its sector peers (NACE 41, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 38-11
equity 13.0% of total assets
Liquidity 8-19
short-term debt 82.2% · cash 2.8%
Profitability 74-7
return on assets 4.6%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.6% (13,168 companies)
Last 15 months 08-2025: 3.1%highest value 09-2025: 3.0%▼ -1.3% vs 08-2025 10-2025: 2.5%▼ -18.7% vs 09-2025 11-2025: 2.5%● 0.0% vs 10-2025 12-2025: 2.5%● 0.0% vs 11-2025 01-2026: 2.4%▼ -2.1% vs 12-2025 02-2026: 2.1%▼ -14.7% vs 01-2026 03-2026: 2.0%▼ -0.5% vs 02-2026 04-2026: 1.9%▼ -5.7% vs 03-2026 05-2026: 2.0%▲ +1.0% vs 04-2026 06-2026: 1.9%▼ -2.9% vs 05-2026 07-2026: 1.9%▲ +1.1% vs 06-2026 08-2026: 2.5%▲ +29.7% vs 07-2026 09-2026: 2.9%▲ +18.5% vs 08-2026 10-2026: 1.8%▼ -37.3% vs 09-2026lowest value
  • Latest accounts 48 days late; 2 of the last 3 late raises the probability
  • Sector Construction of residential and non-residential buildings (NACE 41) raises the probability
  • Size: total assets €846,114 lowers the probability for this profile
  • Equity €109,823 (13.0% of total assets) raises the probability
Credit up to €5,000 at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.31 in 2024; short-term debt: 82.2% and cash: 2.8% of total assets), and 87% of the assets are financed with debt.
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 41, micro). Better than this share of them on solvency 20%, liquidity 8%, profitability 51%, growth against the median 81%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. 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

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Latest accounts 48 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Sector Construction of residential and non-residential buildings (NACE 41)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Size: total assets €846,114
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Equity €109,823 (13.0% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 2412 sector peers (2025).
NBB · sector comparison
Position among 2412 sector peers
Solvency
better than 22%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €109,823
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 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 · 8 filings
Deviation from the deadline
2025
48 d late
2024
49 d late
2023
48 d early
2022
41 d early
2021
40 d early
2020
23 d early
2019
39 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 2 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 21 June (4 of the last 5 filed years within 88 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
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 2025 · abbreviated…
  2. Highest result since 2018net €38,801 ▲35.7%
  3. Equity above €100,000Eq €109,823 ▲54.6%

Key points

  • Positive: 5 profitable years in a rowprofit 2025: €38,801 5 years View
  • Total assets 20256 fiscal years filed €846,114 View
  • Active since 2017founded 06-12-2017 8 years View

By topic

Financials

Fiscal year
2025
Total assets
€846,114
Profit
€38,801
Solvency
13.0%
Total assets▲ 189%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2019
Next accounts
by 31-07-2027
  1. 17-09-2026Annual accounts filed
  2. 31-12-2025Highest result since 2018
  3. 31-12-2025Equity above €100,000
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
06-12-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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