KMT
Judicial reorganisationSummary
The file of KMT contains 1 judicial reorganisation, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2024 annual accounts show equity of €90,566 and a net result of -€1,939. Equity is growing by ~81% per year across the filed fiscal years.
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Official Gazette
- 17-07-2026 (pdf) ↗search the document for 2026/130949
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- How you are paid depends on the track: an amicable settlement, a collective agreement with a plan the creditors vote on, or a transfer. The judgment and RegSol say which.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette.
View the file in RegSol ↗
Watch
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company
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Checked score
Score 2024
Axes · tick = 2023
Profitability26▼-27
Solvency27=
Growth49=
Track record60
Credit verdict
No credit on open account during an ongoing judicial reorganisation
Liquidity short (current ratio 0.83 against 0.82 in 2023; short-term debt: 92.7% and cash: 0% of total assets), and 97.8% of the assets are financed with debt.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-12-2025, 144 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
144 d late
2023
181 d late
2022
on the day
2021
134 d late
2020
136 d late
2019
139 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 122 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
What should you check before you do business with this company?Supplier due diligence What held for this company on a given day: board, seat, name?Company as of a date Which other companies belong to the same group?SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE · 33 companies Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, full schema
Turnover
€303,870▲ 15.9%
2022 · €262,237
EBIT margin
49.6%▼ 32.0pp
2022 · 81.6%
Net result
-€1,939
2023 · €28,173
Working capital
-€651,307▲ 3.7%
2023 · -€676,306
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€241,512▼ 10.1%€239,267▼ 0.9%€262,237▲ 9.6%€303,870▲ 15.9%
Operating result€74,227▼ 39.5%€106,317▲ 43.2%€213,881▲ 101%€150,654▼ 29.6%€185,097▲ 22.9%
Net result€48,862▼ 56.6%€74,796▲ 53.1%€147,713▲ 97.5%€28,173▼ 80.9%-€1,939
EBIT margin30.7%▼ 14.9pp44.4%▲ 13.7pp81.6%▲ 37.1pp49.6%▼ 32.0pp
Equity-€158,177▲ 23.6%-€83,380▲ 47.3%€64,332€92,505▲ 43.8%€90,566▼ 2.1%
Total assets€3.9m▲ 34.9%€3.9m▲ 2.0%€3.9m▼ 0.1%€4.0m▲ 2.3%€4.2m▲ 3.4%
Debt€4.0m▲ 31.6%€4.0m▲ 0.1%€3.8m▼ 3.8%€3.9m▲ 1.7%€4.0m▲ 3.6%
Working capital-€1.0m▲ 8.8%-€916,829▲ 11.1%-€726,977▲ 20.7%-€676,306▲ 7.0%-€651,307▲ 3.7%
Staff (FTE)0
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 23% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.2m
Fixed assets
€956,605 ▼ 5.7%
Current assets
€3.2m ▲ 6.4%
Equity and liabilities €4.2m
Equity
€90,566 ▼ 2.1%
Provisions
€39,139 ▼ 6.7%
Debt
€4.0m ▲ 3.6%
Debt's share of the balance-sheet total rises from 96.7% to 96.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€242,848▲
2023 · €227,107
Cash flow
€55,812▼
2023 · €104,626
Current ratio
0.83▲
2023 · 0.82
Debt to equity
44.57▲
2023 · 42.11
ROE
-2.1%▼
2023 · 30.5%
ROA
0.0%▼
2023 · 0.7%
Interest coverage
0.91▼
2023 · 1.11
Debt ≤ 1 year
€3.9m▲
2023 · €3.7m
Debt > 1 year
€141,996▼
2023 · €197,303
Income taxes
€97,246▲
2023 · €64,233
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €254,916 | €385,464 | €328,937 | - | - |
| Turnover70 | €241,512 | €239,267 | €262,237 | €303,870 | - | - |
| Other operating income74 | - | €15,649 | €121,935 | €19,330 | - | - |
| Non-recurring operating income76A | - | - | €1,292 | €5,737 | €0 | ▼ 100% |
| Operating charges60/66A | - | €148,599 | €171,583 | €178,283 | - | - |
| Services and other goods61 | - | €36,573 | €42,547 | €56,953 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €96,944 | €96,944 | €96,944 | €76,453 | €57,751 | ▼ 24.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€6,448 | €0 | -€5,110 | €544 | ▲ 111% |
| Other operating charges640/8 | - | €21,530 | €28,836 | €40,786 | €37,635 | ▼ 7.7% |
| Non-recurring operating charges66A | - | - | €3,257 | €9,201 | €1,432 | ▼ 84.4% |
| Gross operating margin9900 | - | - | - | - | €282,459 | - |
| Operating profit (loss)9901 | €74,227 | €106,317 | €213,881 | €150,654 | €185,097 | ▲ 22.9% |
| Financial income75/76B | - | €51,996 | €55,735 | €144,051 | €174,886 | ▲ 21.4% |
| Recurring financial income75 | €34,493 | €51,996 | €55,735 | €144,051 | €174,886 | ▲ 21.4% |
| Income from current assets751 | - | €51,996 | €55,735 | €144,051 | - | - |
| Financial charges65/66B | - | €55,654 | €67,655 | €205,112 | €267,490 | ▲ 30.4% |
| Recurring financial charges65 | €41,322 | €55,654 | €67,655 | €205,112 | €267,490 | ▲ 30.4% |
| Debt charges650 | €41,322 | €55,654 | €64,529 | €203,912 | - | - |
| Other financial charges652/9 | - | - | €3,126 | €1,200 | - | - |
| Profit (loss) for the period before taxes9903 | €67,398 | €102,659 | €201,961 | €89,593 | €92,494 | ▲ 3.2% |
| Transfer from deferred taxes780 | - | €2,813 | €2,813 | €2,813 | €2,813 | = |
| Income taxes67/77 | €21,350 | €30,676 | €57,061 | €64,233 | €97,246 | ▲ 51.4% |
| Taxes670/3 | - | €30,676 | €57,062 | €64,233 | - | - |
| Tax adjustments and reversals of tax provisions77 | - | - | €0 | €0 | - | - |
| Profit (loss) for the period9904 | €48,862 | €74,796 | €147,713 | €28,173 | -€1,939 | ▼ 107% |
| Transfer from tax-exempt reserves789 | - | €8,440 | €8,440 | €8,440 | €8,440 | = |
| Profit (loss) for the period to be appropriated9905 | €57,301 | €83,236 | €156,152 | €36,613 | €6,501 | ▼ 82.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.9m | €3.9m | €3.9m | €4.0m | €4.2m | ▲ 3.4% |
| Fixed assets21/28 | €1.3m | €1.2m | €1.1m | €1.0m | €956,605 | ▼ 5.7% |
| Tangible fixed assets22/27 | €1.3m | €1.2m | €1.1m | €1.0m | €953,350 | ▼ 5.7% |
| Land and buildings22 | - | €1.2m | €1.1m | €1.0m | €950,909 | ▼ 5.7% |
| Plant, machinery and equipment23 | - | €3,105 | €2,884 | €2,662 | €2,441 | ▼ 8.3% |
| Financial fixed assets28 | €3,255 | €3,255 | €3,255 | €3,255 | €3,255 | = |
| Other financial fixed assets284/8 | - | €3,255 | €3,255 | €3,255 | - | - |
| Amounts receivable and cash guarantees285/8 | - | €3,255 | €3,255 | €3,255 | - | - |
| Current assets29/58 | €2.6m | €2.8m | €2.8m | €3.0m | €3.2m | ▲ 6.4% |
| Stocks and contracts in progress3 | - | - | €0 | €0 | - | - |
| Amounts receivable within one year40/41 | €2.5m | €2.8m | €2.8m | €2.9m | €3.0m | ▲ 5.6% |
| Trade receivables40 | - | €1,000 | €0 | €4,835 | €5,595 | ▲ 15.7% |
| Other amounts receivable41 | - | €2.8m | €2.8m | €2.9m | €3.0m | ▲ 5.5% |
| Cash at bank and in hand54/58 | €50,124 | €200 | €0 | - | €202 | - |
| Deferred charges and accrued income490/1 | - | €1,702 | €813 | €141,906 | €176,318 | ▲ 24.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.9m | €3.9m | €3.9m | €4.0m | €4.2m | ▲ 3.4% |
| Equity10/15 | -€158,177 | -€83,380 | €64,332 | €92,505 | €90,566 | ▼ 2.1% |
| Contributions10/11 | €62,025 | €62,025 | €62,025 | €62,025 | €62,025 | = |
| Capital10 | - | €62,025 | €62,025 | €62,025 | €62,025 | = |
| Issued capital100 | - | €62,025 | €62,025 | €62,025 | €62,025 | = |
| Reserves13 | €169,928 | €161,489 | €153,049 | €144,609 | €136,170 | ▼ 5.8% |
| Non-distributable reserves130/1 | - | €2 | €2 | €2 | €2 | = |
| Legal reserve130 | - | €2 | €2 | €2 | €2 | = |
| Tax-exempt reserves132 | - | €161,486 | €153,046 | €144,607 | €136,167 | ▼ 5.8% |
| Profit (loss) carried forward14 | -€390,130 | -€306,894 | -€150,742 | -€114,129 | -€107,628 | ▲ 5.7% |
| Provisions and deferred taxes16 | €50,392 | €47,579 | €44,765 | €41,952 | €39,139 | ▼ 6.7% |
| Deferred taxes168 | - | €47,579 | €44,765 | €41,952 | €39,139 | ▼ 6.7% |
| Amounts payable17/49 | €4.0m | €4.0m | €3.8m | €3.9m | €4.0m | ▲ 3.6% |
| Amounts payable after more than one year17 | €358,280 | €305,433 | €251,778 | €197,303 | €141,996 | ▼ 28.0% |
| Financial debts170/4 | - | €305,433 | €251,778 | €197,303 | €141,996 | ▼ 28.0% |
| Credit institutions173 | - | €305,433 | €251,778 | €197,303 | - | - |
| Amounts payable within one year42/48 | €3.6m | €3.7m | €3.6m | €3.7m | €3.9m | ▲ 4.6% |
| Current portion of amounts payable after more than one year42 | - | €52,847 | €58,089 | €58,977 | €59,879 | ▲ 1.5% |
| Financial debts43 | - | €3.5m | €3.4m | €3.4m | €3.4m | ▼ 0.6% |
| Credit institutions430/8 | - | €3.5m | €3.4m | €3.4m | €3.4m | ▼ 0.6% |
| Other loans439 | - | - | €223 | €0 | - | - |
| Trade debts44 | €8,536 | €49,807 | €17,494 | €54,682 | €112,233 | ▲ 105% |
| Suppliers440/4 | - | €49,807 | €17,494 | €54,682 | €112,233 | ▲ 105% |
| Advances received on contracts in progress46 | - | - | - | - | €356 | - |
| Taxes, remuneration and social security45 | - | €52,025 | €87,737 | €146,565 | €271,337 | ▲ 85.1% |
| Taxes450/3 | - | €52,025 | €87,737 | €146,565 | €271,337 | ▲ 85.1% |
| Other amounts payable47/48 | - | - | €3,500 | €5,375 | €10,709 | ▲ 99.2% |
| Accrued charges and deferred income492/3 | - | €1,292 | €2,957 | €6,289 | €33,597 | ▲ 434% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,862 | €74,796 | €147,713 | €28,173 | -€1,939 | ▼ 107% |
| + Depreciation and write-downs630 | €96,944 | €96,944 | €96,944 | €76,453 | €57,751 | ▼ 24.5% |
| Operating cash flow (approximation) | €145,805 | €171,740 | €244,656 | €104,626 | €55,812 | ▼ 46.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€49,924 | -€200 | - | - | - |
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
2026
17-07
Judicial reorganisation
Court officer appointed
Tribunal de l’entreprise francophone de Bruxelles
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 144 days late
28-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 181 days late
2024
31-12
Financial
Weakest financial yearnet -€1,939
Net result drops to -€1,939, the lowest in the series.
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Highest result since 2018net €147,713 ▲97.5%
Operating result €213,881, net result €147,713, both a record.
12-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 134 days late
2021
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 136 days late
2020
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 139 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 24 days late
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 14 acts read
About the unread acts
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
14 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 1994
Ground area
3,242 m²
Building footprint
818 m²
Volume, LiDAR
13,722 m³
Parcel 21612C0257/00V000, Brussels · tallest building 20.8 m, ±6 floors. Linked by address, not a title deed.
66
companies at this address
See who is registered here
1 establishment unit
Waterloosesteenweg 1135, 1180 Ukkel
since 19942.068.271.117
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0257/00V000 | Brussels | 3,242 m² | 1 · 817 m² | 20.8 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Part of the group
SOCIETE DE GESTION FINANCIERE ET IMMOBILIERE BELGE
33 companies
Group, risk and exposure
Owners and holdings
2 ownersChain of control
Highest known parent: GROUPE GH. The sources do not say who stands above it.
Owners 2
-
89.99%
- 10.01%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPublic limited company
Founded25-08-1994
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0453311880
Registered
11-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.