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Complete company report
Generated 22-08-2026
Active BE 0757.731.732Private limited company

KMK MOTORS

Imperiastraat 8 ·1930 Zaventem, Belgium· 5 yrs active
Sector: Groothandel in auto's en lichte bestelwagens (<= 3,5 ton) (46711)
Conclusion Checked

The computed 12-month bankruptcy probability of KMK MOTORS is 3.1% (moderate). The 2023 annual accounts show negative equity (€-49k) and a net result of €4k. Equity is shrinking by ~39% per year across the filed fiscal years. Its solvency ranks better than 10% of 3026 sector peers (fiscal year 2023). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €-49k
Net result €4k
Better than sector 10%
Active 5 yrs
Financial profile 5 of 5 axes measured · computed by Checked
Health8Profitability0Solvency35Growth58Stability94
39 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 8
Profitability 0
Solvency 35
Growth 58
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
3.1% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Annual accounts: weaker financial profile +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
8 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview3 NBB filings
Annual accounts filed on 31-12-2024 with the NBB · fiscal year 2023 · micro
€-60k€-40k€-20k€0Operating result 2021: €-29k€-29kNet result 2021: €-30k€-30kOperating result 2022: €-42k€-42kNet result 2022: €-42k€-42kOperating result 2023: €4k€4kNet result 2023: €4k€4k202120222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~39%/year over 3 fiscal years, indicative, assuming unchanged policy.
€-125k€-100k€-75k€-50k€-25k€02024: €-68k (€-72k - €-64k)2025: €-87k (€-91k - €-84k)2026: €-107k (€-111k - €-103k)2021: €-11k2022: €-53k2023: €-49k202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2023 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -75.9% 25.2%
better than 10% of 3026 sector peers
Net result €4k €4k
better than 50% of 3016 sector peers
Equity €-49k €20k
better than 9% of 3037 sector peers
Gross operating margin €4k €18k
better than 33% of 3006 sector peers
Total assets €65k €102k
better than 38% of 3026 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-28k
- 21-23
Net profit
€4k
- 21-23
Cash flow
€-29k
- 21-23
Total assets
€65k
-60.6% 21-23
Equity
€-49k
+6.7% 21-23
Working capital
€-49k
+6.7% 21-23
Debt
€114k
-47.5% 21-23
Debt ≤ 1y
€114k
-47.5% 21-23
Show 7 other metrics
Current ratio
0.57
-24.9% 21-23
Quick ratio
0.02
-86.1% 21-23
Solvency
-75.9%
-136.8% 21-23
Debt / equity
-2.32
+43.8% 21-23
ROE
-7.2%
- 21-23
ROA
5.4%
- 21-23
Interest coverage
-200.79
- 21-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA-
Net profit€4k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€65k
Equity€-49k
Debt€114k
of which ≤ 1y€114k
of which > 1y-
Working capital€-49k
Employees (FTE)-
Ratios (computed)
2023
Current ratio0.57
Quick ratio0.02
Working capital ratio-75.9%
Solvency-75.9%
Debt / equity-2.32
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA5.4%
ROE-7.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Full annual accounts (18 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€65k
Current assets 29/58€65k
Stocks & contracts in progress 3€63k
Amounts receivable within one year 40/41€2k
Cash & bank 54/58€7
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€65k
Equity 10/15€-49k
Contributions / capital 10/11€19k
Accumulated profits (losses) 14€-68k
Amounts payable 17/49€114k
Amounts payable within one year 42/48€114k
Trade debts payable within one year 44€24k
Income statement
Gross operating margin 9900€4k
Operating result 9901€4k
Financial charges 65€315
Result before taxes 9903€4k
Net result for the period 9904€4k
Result to be appropriated 9905€4k
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 5 directors
Current directors & mandates
  • ERENOGLU ERGUL
    Director
    State Gazette act 25079508 (25-06-2025)
    Current
    11-06-2025 → present
  • KÖKTEN Tekin
    Director
    State Gazette act 24103063 (09-07-2024)
    Current
    01-07-2024 → present
Former directors (3)
  • KOKTEN Bugra Kaan
    Director
    State Gazette act 25042654 (01-04-2025)
    Former
    13-02-2025 → 11-06-2025
    2 events
    • 11-06-2025 Resigned· Director
    • 13-02-2025 Appointed· Director
  • KOKTEN Tekin
    Director
    State Gazette act 25042654 (01-04-2025)
    Former
    - → 13-02-2025
  • KÖKTEN Bugra
    Director
    State Gazette act 24103063 (09-07-2024)
    Former
    - → 01-07-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)(46711)
Legal form Private limited company(610)
Incorporation02-11-2020
StatusActive
Postal code1930
Establishment units 1 location
Koeweideblock 4, 1785 Merchtem
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
since 20202.309.716.983
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23602I0226/00C000 Flanders 2.1 ha 1 · 1,025 m² 0.1 m
23094D0041/00F000 Flanders 7,975 m² 1 · 1,789 m² -
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 7 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
25-06-2025
State Gazette act Capital & shares
01-04-2025
State Gazette act Director changes
correction
2024
31-12-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
09-07-2024
State Gazette act Director changes
2023
09-11-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
31-08-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
04-07-2022
State Gazette act Registered-office change
Belgian State Gazette reading coverage 0 of 5 acts read

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 4 acts
Capital history · 1
25-06-2025
Capital change
Address history · 1
04-07-2022
Registered-office move
All acts · 4 updated 1 year ago
2025
25-06-2025 All shares are now held by a single shareholder Capital & shares
Technical details 
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    }
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  "notary": {
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  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-06-25",
    "filing_date": "2025-06-18",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
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    "act_date": "2025-06-11",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2025-06-11"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0757.731.732",
    "name_full": "K\u041CK \u041C\u041E\u0422ORS",
    "legal_form": "B.V.",
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  "publication_proxy": {
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  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "ERENOGLU ERGUL",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    },
    {
      "kbo": null,
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      "kind": "person",
      "name": "KOKTEN BUGRA KAAN",
      "role": "aandeelhouder",
      "n_shares": null,
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    }
  ],
  "share_classes_after": []
}
01-04-2025 1 director appointed, 1 resigning Director changescorrection
  • KOKTEN Bugra Kaan, Bestuurder
  • KOKTEN Tekin, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
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    {
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    {
      "kind": "substantive_delegation",
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    {
      "kind": "substantive_delegation",
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    },
    {
      "kind": "board_snapshot",
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      "effective_date_qualifier": null
    },
    {
      "kind": "sole_shareholder_declaration",
      "role": null,
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    },
    {
      "kind": "correction",
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  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-04-01",
    "filing_date": "2025-03-25",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2025-02-13",
      "unanimous": null
    }
  ],
  "is_correction": true,
  "subject_company": {
    "kbo": "0757.731.732",
    "name_full": "KMK MOTORS",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
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  },
  "co_filed_documents": [],
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}
2024
09-07-2024 1 director appointed, 1 resigning Director changes
  • KÖKTEN Tekin, Bestuurder
  • KÖKTEN Bugra, Bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "K\u00D6KTEN Bugra",
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      },
      "reason": "de_plein_droit_dissolution",
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    {
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  ],
  "notary": {
    "name": null,
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    "office_city": "Brussel",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2024-07-09",
    "filing_date": "2024-07-01",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
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      "body": "algemene_vergadering",
      "date": "2024-07-01",
      "unanimous": true
    }
  ],
  "is_correction": false,
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    "kbo": "0757.731.732",
    "name_full": "KMK \u041C\u041E\u0422\u041ERS",
    "legal_form": "BV"
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  "publication_proxy": {
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}
2022
04-07-2022 Registered office moved to Merchtem Registered-office change
  • Koeweideblock 2 B1 1785 Merchtem
Technical details 
{
  "events": [
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      "new_address": {
        "raw": "Koeweideblock 2 B1 1785 Merchtem",
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        "region": "vlaams_gewest",
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        "country": "BE",
        "postcode": "1785",
        "box_number": "B1",
        "street_number": "2",
        "locality_suffix": null
      },
      "old_address": null,
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  "notary": {
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  },
  "act_meta": {
    "language": "nl",
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    "filing_date": "2022-06-24",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "date": "2022-06-01",
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  },
  "subject_company": {
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    "name_full": "KMK MOTORS",
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  },
  "publication_proxy": {
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    "org_kbo": null,
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    "person_name": "KOKTEN BUGRA KAAN",
    "org_rep_person_name": null,
    "person_role_at_subject": "zaakvoerder"
  },
  "co_filed_documents": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)46711Handelsbemiddeling in auto's en lichte bestelwagens (= 3,5 ton)45112Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)47811Handelsbemiddeling in andere motorvoertuigen (> 3,5 ton)45192Detailhandel in andere motorvoertuigen (> 3,5 ton)47812Handelsbemiddeling in de groothandel in andere specifieke goederen46180Verhuur en lease van personenauto’s en andere lichte motorvoertuigen77110Verhuur en lease van vrachtwagens77120
Primary activity highlighted.
Names & trade names
Legal nameNL KMK MOTORS
Registered office
Imperiastraat 8
1930 Zaventem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative