KNC GROUP
ActiveSummary
The computed 12-month bankruptcy probability of KNC GROUP is 1.8% (moderate). The 2025 annual accounts show equity of €122,436 and a net result of €2,100. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 31% of 28281 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability39▼-34
Solvency55▲+9
Growth62=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.43 against 1.26 in 2024; short-term debt: 70.1% and cash: 0.6% of total assets), and 70.1% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.9%
Return on assets
0.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
46 d early
2024
18 d early
2023
111 d late
2022
55 d early
2021
on the day
2020
3 d early
2019
3 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 1 day before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 13 January (4 of the last 5 filed years within 37 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
€344,566▼ 48.1%
2021 · €663,381
EBIT margin
2.9%▲ 1.7pp
2021 · 1.2%
Net result
€2,100▼ 90.0%
2024 · €20,951
Working capital
€122,315▲ 1.6%
2024 · €120,336
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€663,381▲ 54.3%€344,566▼ 48.1%
Operating result€7,816▼ 17.8%€9,966▲ 27.5%€50,349▲ 405%€33,113▼ 34.2%€7,290▼ 78.0%
Net result€4,989within the sector's middle half▼ 25.7%€7,247within the sector's middle half▲ 45.3%€35,797above the sector's middle half▲ 394%€20,951within the sector's middle half▼ 41.5%€2,100within the sector's middle half▼ 90.0%
EBIT margin1.2%▼ 1.0pp2.9%▲ 1.7pp
Equity€56,341within the sector's middle half▲ 9.7%€63,588within the sector's middle half▲ 12.9%€99,385within the sector's middle half▲ 56.3%€120,336within the sector's middle half▲ 21.1%€122,436within the sector's middle half▲ 1.7%
Total assets€235,916within the sector's middle half▲ 8.6%€240,926within the sector's middle half▲ 2.1%€697,409above the sector's middle half▲ 189%€579,408above the sector's middle half▼ 16.9%€408,988above the sector's middle half▼ 29.4%
Debt€179,575▲ 8.2%€177,338▼ 1.2%€598,024▲ 237%€459,072▼ 23.2%€286,552▼ 37.6%
Working capital€55,973within the sector's middle half▲ 11.0%€63,618within the sector's middle half▲ 13.7%€102,261above the sector's middle half▲ 60.7%€120,336above the sector's middle half▲ 17.7%€122,315above the sector's middle half▲ 1.6%
Solvency23.9%within the sector's middle half▲ 0.2pp26.4%within the sector's middle half▲ 2.5pp14.3%below the sector's middle half▼ 12.1pp20.8%below the sector's middle half▲ 6.5pp29.9%within the sector's middle half▲ 9.2pp
Current ratio1.33within the sector's middle half=1.37within the sector's middle half▲ 0.041.17within the sector's middle half▼ 0.201.26within the sector's middle half▲ 0.091.43within the sector's middle half▲ 0.16
Return on assets (ROA)2.1%within the sector's middle half▼ 1.0pp3.0%within the sector's middle half▲ 0.9pp5.1%within the sector's middle half▲ 2.1pp3.6%within the sector's middle half▼ 1.5pp0.5%within the sector's middle half▼ 3.1pp
Staff (FTE)0.6▼ 50.0%1▲ 66.7%1=1=2.6▲ 160%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 78% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €408,988
Fixed assets
€120
Current assets
€408,868
Equity and liabilities €408,988
Equity
€122,436 ▲ 1.7%
Debt
€286,552 ▼ 37.6%
Debt's share of the balance-sheet total falls from 79.2% to 70.1%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
2.34▼
2024 · 3.81
ROE
1.7%▼
2024 · 17.4%
Debt ≤ 1 year
€286,552▼
2024 · €459,072
Income taxes
€4,888▼
2024 · €10,130
Staff costs
€37,059▲
2024 · €13,244
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,508 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 97% are still going.
- Micro
- 10 to 20 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.4%
went bankrupt
1.6%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 4,508 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €663,381 | €344,566 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €22,641 | €18,274 | €13,244 | €37,059 | ▲ 180% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,127 | €4,127 | €4,127 | €0 | - | - |
| Other operating charges640/8 | - | €522 | €717 | €6,396 | €10,780 | ▲ 68.5% |
| Gross operating margin9900 | €48,691 | €37,255 | €73,467 | €52,753 | €55,128 | ▲ 4.5% |
| Operating profit (loss)9901 | €7,816 | €9,966 | €50,349 | €33,113 | €7,290 | ▼ 78.0% |
| Financial income75/76B | - | €0 | - | - | - | - |
| Recurring financial income75 | €503 | €0 | - | - | - | - |
| Financial charges65/66B | - | €373 | €1,500 | €2,032 | €302 | ▼ 85.1% |
| Recurring financial charges65 | €287 | €373 | €1,500 | €2,032 | €302 | ▼ 85.1% |
| Profit (loss) for the period before taxes9903 | €8,032 | €9,592 | €48,849 | €31,081 | €6,988 | ▼ 77.5% |
| Income taxes67/77 | €3,043 | €2,346 | €13,052 | €10,130 | €4,888 | ▼ 51.8% |
| Profit (loss) for the period9904 | €4,989 | €7,247 | €35,797 | €20,951 | €2,100 | ▼ 90.0% |
| Profit (loss) for the period to be appropriated9905 | €4,989 | €7,247 | €35,797 | €20,951 | €2,100 | ▼ 90.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €235,916 | €240,926 | €697,409 | €579,408 | €408,988 | ▼ 29.4% |
| Fixed assets21/28 | €8,253 | €4,127 | €0 | - | €120 | - |
| Tangible fixed assets22/27 | €8,253 | €4,127 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | - | €0 | - | - | - |
| Furniture and vehicles24 | - | €4,127 | €0 | - | - | - |
| Financial fixed assets28 | - | - | - | - | €120 | - |
| Current assets29/58 | €227,663 | €236,799 | €697,409 | €579,408 | €408,868 | ▼ 29.4% |
| Amounts receivable within one year40/41 | €160,431 | €165,962 | €437,167 | €416,580 | €406,363 | ▼ 2.5% |
| Trade receivables40 | - | €104,014 | €370,334 | €330,431 | €28,058 | ▼ 91.5% |
| Other amounts receivable41 | - | €61,948 | €66,833 | €86,148 | €378,305 | ▲ 339% |
| Cash at bank and in hand54/58 | €4,773 | €3,831 | €3,177 | €4,103 | €2,505 | ▼ 39.0% |
| Deferred charges and accrued income490/1 | - | €67,006 | €257,065 | €158,725 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €235,916 | €240,926 | €697,409 | €579,408 | €408,988 | ▼ 29.4% |
| Equity10/15 | €56,341 | €63,588 | €99,385 | €120,336 | €122,436 | ▲ 1.7% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €16,386 | €16,386 | €16,386 | €16,386 | €16,386 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €14,526 | €14,526 | €14,526 | €14,526 | = |
| Profit (loss) carried forward14 | €33,755 | €41,002 | €76,799 | €97,750 | €99,850 | ▲ 2.1% |
| Amounts payable17/49 | €179,575 | €177,338 | €598,024 | €459,072 | €286,552 | ▼ 37.6% |
| Amounts payable after more than one year17 | €7,885 | €4,157 | €2,876 | €0 | - | - |
| Financial debts170/4 | - | €4,157 | €2,876 | €0 | - | - |
| Amounts payable within one year42/48 | €171,690 | €173,181 | €595,148 | €459,072 | €286,552 | ▼ 37.6% |
| Current portion of amounts payable after more than one year42 | - | €4,253 | €1,186 | €0 | - | - |
| Trade debts44 | €135,672 | €50,854 | €476,060 | €361,816 | €186,192 | ▼ 48.5% |
| Suppliers440/4 | - | €50,854 | €476,060 | €361,816 | €186,192 | ▼ 48.5% |
| Taxes, remuneration and social security45 | - | €47,263 | €47,051 | €26,355 | €29,434 | ▲ 11.7% |
| Taxes450/3 | - | €3,484 | €13,762 | €18,737 | €14,616 | ▼ 22.0% |
| Remuneration and social security454/9 | - | €43,779 | €33,289 | €7,618 | €14,819 | ▲ 94.5% |
| Other amounts payable47/48 | - | €70,811 | €70,851 | €70,901 | €70,926 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,989 | €7,247 | €35,797 | €20,951 | €2,100 | ▼ 90.0% |
| + Depreciation and write-downs630 | €4,127 | €4,127 | €4,127 | €0 | - | - |
| Operating cash flow (approximation) | €9,116 | €11,373 | €39,924 | €20,951 | €2,100 | ▼ 90.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | -€942 | -€654 | €926 | -€1,598 | ▼ 273% |
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
Next filing, fiscal year 2026, expected by
2026
24-06
State Gazette act
Resignation: GHERASIM Cristea (director)Appointment: DOGVAN Marian (non-statutory director) · Shareholding · Statutes amendment13 facts ▸
State Gazette act
Resignation: GHERASIM Cristea (director)
Appointment: DOGVAN Marian (non-statutory director) · Shareholding · Statutes amendment13 facts ▸
- General meeting, 19-06-2026
- Shareholding, cent actions ou totalité des actions émises
- Statutes amendment
- Legal-form conversion, société à responsabilité limitée
- Capital conversion, compte de capitaux propres statutairement indisponible
- Other statement, suppression du compte de capitaux propres statutairement indisponible, fonds disponibles pour distribution
- Statutes amendment
- Capital
- Registered-office move
- Director resignation, GHERASIM Cristea (director)
- Director appointment, DOGVAN Marian (non-statutory director)
- Director discharge, GHERASIM Cristea
- +1 further facts in this act
05-02
Bankruptcy
Judicial dissolution, liquidator appointed
Tribunal de l’entreprise francophone de Bruxelles · event 29-01-2026
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
13-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Equity above €100,000Eq €120,336 ▲21.1%
5 profitable years in a row build equity to €120,336.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 111 days late
2023
30-06
Financial
Highest result since 2019net €35,797 ▲394%
Operating result €50,349, net result €35,797, both a record.
2022
07-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €6,719
Net result €6,719 after one loss-making year.
03-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
27-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
28-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 director, last change in 2026
DOGVAN Marian
CurrentNon-statutory director · since 24-06-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
6 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Koekelberg · 1 establishment unit since 2015
Ground area
513 m²
Building footprint
513 m²
Volume, LiDAR
7,157 m³
2 parcels, Brussels · tallest building 24.3 m, ±6 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Antwerpselaan 20, 1000 Brussel
since 20152.252.127.786
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1423/00S002 | Brussels | 414 m² | 1 · 416 m² | 24.3 m · 5 fl. |
| 21492B0114/00B002 | Brussels | 99 m² | 1 · 97 m² | 18.9 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DOGVAN Marian |
|
| Gherasim Cristea |
|
Articles of association
Duration
Unlimited
Name clause
KNC GROUP
Registered office clause
Région de Bruxelles-Capitale, établir sièges administratifs, agences, ateliers, dépôts et succursales en Belgique et à étranger par simple décision de organe d…
Capital contribution
Article 6. Appels de fonds
Share issue rule
Actions nouvelles à souscrire en numéraire, même jour que communications électroniques
Share class
Nominatives, titulaires peuvent prendre connaissance relatif à leurs titres
Transfer restriction
Mêmes formalités si non de plein droit actionnaires, libre de céder tout ou partie librement
Board rule
Avec ou sans limitation de durée, un ou plusieurs administrateurs
Indépendamment frais représentation voyages déplacements, frais généraux
Other statement
Organe détermine si seul ou conjointement, attributions et rémunérations éventuelles
Contrôle de la société, un ou plusieurs commissaires
Admission à l'assemblée générale et exercice du droit de vote, inscription dans le registre des titres nominatifs relatif à sa catégorie
Séances et procès-verbaux, liste de présences,rapports éventuels,procurations,votes par correspondance
Délibérations,procuration et vote, majorité des voix
Séance tenante, prorogation de l'assemblée générale
Répartition des bénéfices et réserves,acomptes sur dividendes, articles 5:142 et 5:143
Article 25. Election de domicile
Tribunaux du siège,compétence exclusive, compétence judiciaire
Droit commun, dispositions du Code des sociétés et des associations non licitement dérogées réputées inscrites
Dissolution rule
Formes prévues pour les modifications aux statuts, assemblée générale
Liquidation rule
Dissolution pour quelque cause et à quelque moment que ce soit, si aucun autre liquidateur désigné
Liquidation distribution
Actif net entre tous actionnaires en proportion des actions, apurement de dettes,charges et frais ou consignation des montants nécessaires
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Capital and shareholders
Shareholders according to the acts
Stated in the act
act of 24-06-2026 ↗
- DOGVAN Marian all shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 24-06-2026 Converted to unavailable equity
Similar companies · same sector, comparable size
M & G CONCEPT
BE 0648.698.386
Ukkel · Eq €122,447
MBARY
BE 0805.787.809
Zele · Eq €122,453
ARGIROM
BE 0679.617.632
Sint-Gillis (bij-Brussel) · Eq €122,347
PREBATI
BE 0827.494.924
Seneffe · Eq €122,345
RENOLUX MP
BE 0877.424.287
Etterbeek · Eq €122,531
Of 15,524 companies in sector 43990 we hold annual accounts for 7,429. 6,192 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-09-2015
Fiscal year end30-06
Activities, NACEBEL 2025
42990Civil engineering
43990Other specialised construction activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0636964356
Also
9925:BE0636964356
Registered
02-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.