KNG CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of KNG CONSTRUCT is 4.4% (elevated). The 2025 annual accounts show equity of €34,860 and a net result of €10,080. Its solvency ranks better than 60% of 9,399 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-01-2024 Normal situation
- Registered office
- 312 active companies are registered at this address 33 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- General construction of residential buildings NACE 41001and 5 others
- Establishment unit
- 2.355.590.263 1480 Tubize, since 22-01-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 05-01-2026
Board and ownership
- STOYANOVA TEODORADirector
- STOYANOVA Teodora100 sharesact of 24-01-2024
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.4%
- Gross margin
- €49,269
- ▲ 50.1%
- Turnover
- ≈ €340,000
- estimated
- Profit
- €10,080
- ▼ 53.7%
- Equity
- €34,860
- ▲ 40.7%
- Total assets
- €65,724
- ▲ 6.4%
- Staff
- ≈ 0.6 FTE
- estimated
- 2025 accounts filed 47 days after the deadline
Score breakdownraises riskFounded in 2024Size: total assets €65,724Sector: Construction of residential and non-residential buildings (NACE 41)Last filed accounts filed 47 days late; 2 of the last 3 accounts lateShow the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 41, micro). It does better than 61% of them on solvency, 44% on liquidity, 72% on profitability and 76% on growth.
The bankruptcy probability was computed on 04-11-2026 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 elevated class on 30-06-2025, 6.3% 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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 53 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 47 days after the deadline Filed on 16 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00521072.
Annual accounts 2025 filed on 16-09-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 36% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €9,917 | - |
| Intangible fixed assets | €1,165 | - |
| Depreciation and write-downs of the year | €2,032 | €3,360 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €26,293 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,032 | €3,360 | ▲ 65.3% |
| Other operating charges640/8 | €1,650 | €885 | ▼ 46.4% |
| Gross operating margin9900 | €32,834 | €49,269 | ▲ 50.1% |
| Operating profit (loss)9901 | €29,151 | €18,731 | ▼ 35.7% |
| Financial income75/76B | €209 | €455 | ▲ 118% |
| Recurring financial income75 | €209 | €455 | ▲ 118% |
| Financial charges65/66B | €99 | €1,082 | ▲ 994% |
| Recurring financial charges65 | €99 | €1,082 | ▲ 994% |
| Profit (loss) for the period before taxes9903 | €29,261 | €18,104 | ▼ 38.1% |
| Income taxes67/77 | €7,481 | €8,024 | ▲ 7.3% |
| Profit (loss) for the period9904 | €21,780 | €10,080 | ▼ 53.7% |
| Profit (loss) for the period to be appropriated9905 | €21,780 | €10,080 | ▼ 53.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €61,747 | €65,724 | ▲ 6.4% |
| Formation expenses20 | €54 | - | - |
| Fixed assets21/28 | €8,996 | €5,691 | ▼ 36.7% |
| Tangible fixed assets22/27 | €8,996 | €5,691 | ▼ 36.7% |
| Furniture and vehicles24 | €8,996 | €5,691 | ▼ 36.7% |
| Current assets29/58 | €52,696 | €60,033 | ▲ 13.9% |
| Amounts receivable within one year40/41 | €50,099 | €56,790 | ▲ 13.4% |
| Trade receivables40 | €38,835 | €47,461 | ▲ 22.2% |
| Other amounts receivable41 | €11,264 | €9,329 | ▼ 17.2% |
| Cash at bank and in hand54/58 | €2,597 | €2,900 | ▲ 11.7% |
| Deferred charges and accrued income490/1 | - | €343 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €61,747 | €65,724 | ▲ 6.4% |
| Equity10/15 | €24,780 | €34,860 | ▲ 40.7% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Reserves13 | €10,000 | €20,000 | ▲ 100% |
| Distributable reserves133 | €10,000 | €20,000 | ▲ 100% |
| Profit (loss) carried forward14 | €11,780 | €11,860 | ▲ 0.7% |
| Amounts payable17/49 | €36,967 | €30,863 | ▼ 16.5% |
| Amounts payable within one year42/48 | €16,967 | €17,245 | ▲ 1.6% |
| Trade debts44 | €9,485 | €1,986 | ▼ 79.1% |
| Suppliers440/4 | €9,485 | €1,986 | ▼ 79.1% |
| Taxes, remuneration and social security45 | €7,481 | €15,259 | ▲ 104% |
| Taxes450/3 | €7,481 | €11,505 | ▲ 53.8% |
| Remuneration and social security454/9 | - | €3,754 | - |
| Accrued charges and deferred income492/3 | €20,000 | €13,619 | ▼ 31.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €21,780 | €10,080 | ▼ 53.7% |
| + Depreciation and write-downs630 | €2,032 | €3,360 | ▲ 65.3% |
| Operating cash flow (approximation) | €23,812 | €13,440 | ▼ 43.6% |
| Investment in fixed assets (approximation) | - | -€54 | - |
| Change in cash | - | €303 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as KNG CONSTRUCT has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of KNG CONSTRUCT itself is higher: 4.4% within 12 months. It rests on far more data about KNG CONSTRUCT than the profile alone.
Test of the method
The method was tested on the 497,446 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 39,278 companies, not a prediction for KNG CONSTRUCT. 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.
Board & ownership
Directors
Owners and capital
Shareholders
- STOYANOVA Teodora 100 shares (100%) · €3,000 in cash
Capital transactions
- 24-01-2024 Incorporation · €3,000 · 100 shares
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager helft koper(s) naar evenredigheid verworven aantal bij meer kopers, bestuursorgaan”
Articles of association, deed of 24-01-2024 (in Dutch)
Network & group
KNG CONSTRUCT shares no director with another company.
Companies at the same address
311 other companies- AB SERVICES & CLEANING Registered office · since 27-10-2026Founded in 2026 1044.543.312
- BELYS Registered office · since 20-10-2026Founded in 2026 1044.251.817
- ARDIM Registered office · since 16-10-2026Founded in 2026 1044.144.820
- MO Clean Registered office · since 24-09-2026Founded in 2026 1042.989.134
- WB AUTOMOBILE Registered office · since 28-08-2026Founded in 2026 1041.818.602
- MAX AUTOMOTIVE BELGIUM Registered office · since 24-07-2026Founded in 2026 1040.629.163
- Zennova Registered office · since 23-07-2026Founded in 2026 1040.594.422
- B GROUPE Registered office · since 08-07-2026Founded in 2026 1040.064.286
- ZEKA INVEST Registered office · since 22-06-2026Founded in 2026 1039.306.795
- JSC Renovation Registered office · since 09-06-2026Founded in 2026 1038.827.735
Connections & network
1 current directorThe network starts from the directors of KNG CONSTRUCT. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
24-01
Gazette deed
IncorporationFounding capital of €3,000, 100 shares · Founder: STOYANOVA Teodora · Registered office clause: Brusselsesteenweg 292, 3090 Overijse4 points ▸
- Registered office clause, Brusselsesteenweg 292, 3090 Overijse
- Incorporation, 18-01-2024
- Founder, STOYANOVA Teodora
- Founding capital, €3,000, 100 shares
- The act holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
KNG CONSTRUCT was incorporated on 22 January 2024 as a private limited company by one natural person, with a starting capital of €3,000.12 STOYANOVA TEODORA is director of the company according to the 2025 annual accounts.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
9 activities
- Het ontwerpen en uitvoeren van alle bouw- en renovatiewerkzaamheden, zowel openbare als particuliere, als hoofdaannemer of als onderaannemer, het ontwerpen en bouwen en renoveren van alle gebouwen en bouwwerken, in het bijzonder met betrekking tot dakbedekking, ramen en structurele werkzaamheden, het ontwerpen en uitvoeren van zowel binnen- als buitenversieringen en isolatie.
- Alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het onderhoud, de renovatie, de herstelling, de verfraaiing, de vernieuwing en de modernisering en het onderhoud van alle soorten structurele en niet structurele werken, onroerende goederen en, meer algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op de openbare en private bouwsector;
- Het verlenen van technisch, administratief en commercieel advies en bijstand aan alle ondernemingen en bedrijven in alle aangelegenheden die verband houden met de vastgoedsector;
- De aankoop van alle terreinen, de bouw van alle openbare en private gebouwen, de aankoop, verkoop, verhuur, verdeling en verkaveling van alle gebouwen en terreinen;
- Alle werken betreffende de distributie van water, gas, elektriciteit enz., de oprichting en exploitatie van alle vervoermiddelen langs havens, kanalen, wegen enz;
- De aankoop, verkoop, verhuur, in- en uitvoer van alle materialen, goederen, werktuigen en gereedschappen die nodig zijn voor de bouw, het onderhoud, de reparatie en de vernieuwing van constructies en gebouwen;
- Het opstellen, opstellen en sluiten, als agent of voor eigen rekening, van alle contracten voor openbare of particuliere werken of leveringen en het uitvoeren van alle verrichtingen in verband met deze voorwerpen;
- De aankoop, verkoop, verhuur en huur van onroerende goederen en de commercialisering ervan;
- Het opstellen van basisakten en verkavelingen.
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1005.038.279
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23062B0376/02D005 | Flanders | 1,934 m² | 1 · 198 m² | 6.6 m · 1 |
| 25097C0099/00E002 | Wallonia | 375 m² | 1 · 37 m² | 11.7 m · 3 |