Equity
€323,979 ▼ 34.6%
KMS paid out €600,000 in dividends. That is 140% of the 2025 profit.
KMS
Lifetime
16 annual accounts with figures on one time axispeak €3.0m (2025)
€3.0m▲ 22.6%
lowest -€2,934 (2013)
€428,462▲ 50.7%
peak €658,259 (2023)
€323,979▼ 34.6%
€2.9m▲ 26.4%
peak 30.5 FTE (2025)
30.5 FTE▲ 15.1%
Board1 name since 2010
1 directorLAHCHIRI Hakim
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €2.5m to €3.0mResult from €284,400 to €428,462Staff from 26.5 FTE to 30.5 FTEDividend €600,000Equity from €495,517 to €323,979Debts from €2.3m to €2.9m
Key points
from the 2025 annual accountsResult
€428,462 ▲ 50.7%
The result rose in 2025: different schema filed.
Debts
€2.9m 90% of the balance sheet
Financial debts 32%Suppliers 29%Taxes and wages 13%Other 25%
Of this, €1.9m falls due within a year.
Filings
16 annual accounts since 2010
Eight of the last ten came late. The 2024 accounts came latest: 70 days after the end of the period.
At the same address
221 companies
Position in the sector
€428,462
Higher net result than 95% of companies in land transport. Sector median €22,414 · 2,412 companies.
Checked score
51
Fair
Financially stronger than 30% of small companies in land transport (NACE 49)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.5% across 1,181 companies (NACE 49, small).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.2%
01-2025: 1.2%● unchanged vs 12-2024lowest value
02-2025: 1.2%● unchanged vs 01-2025lowest value
03-2025: 1.4%▲ +0.2 percentage points vs 02-2025
04-2025: 1.4%● unchanged vs 03-2025
05-2025: 1.3%▼ -0.1 percentage points vs 04-2025
06-2025: 1.5%▲ +0.2 percentage points vs 05-2025
07-2025: 1.8%▲ +0.3 percentage points vs 06-2025
08-2025: 2.4%▲ +0.6 percentage points vs 07-2025
09-2025: 2.9%▲ +0.5 percentage points vs 08-2025
10-2025: 3.6%▲ +0.7 percentage points vs 09-2025
11-2025: 3.0%▼ -0.6 percentage points vs 10-2025
12-2025: 3.0%● unchanged vs 11-2025
01-2026: 2.9%▼ -0.1 percentage points vs 12-2025
02-2026: 3.0%▲ +0.1 percentage points vs 01-2026
03-2026: 3.4%▲ +0.4 percentage points vs 02-2026
04-2026: 3.3%▼ -0.1 percentage points vs 03-2026
05-2026: 3.1%▼ -0.2 percentage points vs 04-2026
06-2026: 3.2%▲ +0.1 percentage points vs 05-2026
07-2026: 3.3%▲ +0.1 percentage points vs 06-2026
08-2026: 4.3%▲ +1.0 percentage point vs 07-2026highest value
09-2026: 2.6%▼ -1.7 percentage points vs 08-2026
10-2026: 2.6%● unchanged vs 09-2026
11-2026: 2.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.58, cash €90
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
Equity €323,979 (10.0% of total assets)
Sector: Land transport and transport via pipelines (NACE 49)
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 49, small). It does better than 13% of them on solvency, 12% on liquidity, 88% on profitability and 7% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 536 companies had the same profile as KMS has now. Each dot stands for 2 companies, two years later.
95.9%
were still trading
3.4%
stopped another way
0.7%
went bankrupt
The bankruptcy probability of KMS itself is higher: 2.6% within 12 months. It rests on far more data about KMS than the profile alone.
Test of the method
The method was tested on the 497,447 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 536 companies, not a prediction for KMS. 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.
Credit verdict
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.58 (0.59 in 2024), below 1. Short-term debt is 57.4% and cash 0% of total assets. 90% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 2418 sector peers (2025).
NBB · sector comparisonPosition among 2418 sector peers
Solvency
better than 16%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
70 days late
2023
30 days late
2022
31 days late
2021
13 days early
2020
31 days late
2019
31 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 30 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% 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. The company usually files around 31 August (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0822349865
Change of role: LAHCHIRI Hakim, from statutory manager to statutory director
Director discharge: LAHCHIRI Hakim (manager) · General meeting of 25-05-2023 · Gazette deed
Registered office moved from Brussels to Brussels
New registered office: Boulevard Industriel 9, 1070 Bruxelles · Previous registered office: Avenue Charles Quint 584 Bridge Building, 6th Floor B-1082 BRUSSELS · General meeting of 30-07-2020 · Gazette deed
New establishment in Asse
Z. 3 Doornveld 192
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KMS Anderlecht | €3.3m | €3.0m | 10.0% | 30.5 |
| MKH Koekelberg | €2.8m | €2.5m | 38.9% | 33.5 |
| VG LOGISTICS Aalst | €3.6m | €2.7m | 66.1% | 27.3 |
| VAN DIJLE Antwerp | €3.6m | €2.4m | 7.0% | 28.3 |
| Mozer High-Tech Logistics Herstal | €3.5m | €2.9m | 55.0% | 37.8 |
| MWM LOGISTICS Steenokkerzeel | €3.4m | €3.2m | -4.3% | 38 |
| DIM-TRANS Bruges | €3.4m | €2.7m | 34.7% | 32.1 |
These companies have the same main activity as KMS: freight transport by road (NACE 49410). They are comparable in size and age: total assets between €2.8m and €3.6m, founded between 2006 and 2011.
Official details
Source: KBO- Status
- Active since 18-01-2010Normal situation
- Registered office
- 222 active companies are registered at this address25 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Freight transport by roadNACE 49410
- Establishment units
- 2.239.388.2231070 Anderlecht, since 18-01-2010
- 2.309.541.4921731 Asse, since 05-08-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 23-12-2025
Insights on KMS
KMS files the abbreviated format. That format states no turnover. The gross margin rose from €188,268 in 2010 to €3.0m in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KMS
- What is the company number of KMS?
- The company number of KMS is 0822.349.865. The VAT number is the same number with BE in front: BE 0822.349.865.
- Where is KMS based?
- The registered office is at Industrielaan 9, 1070 Anderlecht.Company details
- What does KMS do?
- According to the KBO register, the main activity is freight transport by road (NACE 49410).
- What is the legal form of KMS?
- KMS is a private limited company (BV).
- When was KMS founded?
- KMS was founded on 18-01-2010.
- Is KMS still active?
- Yes, KMS is an active enterprise in the KBO register.
- How many employees does KMS have?
- KMS had an average of 30.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of KMS?
- The turnover in financial year 2025 is ≈ €5.7m. This figure is estimated from the gross margin of €3.0m and 31 comparable companies (NACE 49410). It probably lies between €5.0m and €6.7m.
- Is KMS profitable?
- In financial year 2025, KMS made a profit of €428,462.
- Where can I find the annual accounts of KMS?
- KMS filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KMS due?
- KMS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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