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KO Company

Active
Private limited companyfounded 2021active for 5 yearsWondelgemstraat 34, 9000 Gent, BelgiumKBO/BCE: BE 0761.613.712
Summary

The computed 12-month bankruptcy probability of KO Company is 11.4% (high). The 2024 annual accounts show equity of €39,406 and a net result of -€12,402. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 26% of 9,458 sector peers (NACE 82, financial year 2024). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Office administrative, office support and other business support activities
NACE 82920
1 site
Size
€191,266total assets 2024
Staff
12.9 FTE
Equity
€39,406
Loss
-€12,402
Turnover not published (micro format)
Financial health
29 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
11.4%
Structure
Accounts 79 days overdue2 of 5 deeds read
Why 29raises risk2 changes of registered office in 24 monthsFigures for financial year 2024 (filed 08-10-2025)1 financial year not filed after the legal deadline; latest accounts 65 days late; 2 of the last 3 latelowers riskSector: Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2024
29 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 18% of its sector peers (NACE 82, micro)
Financial strength · tick = 2023
Weak
Solvency 46-6
equity 20.6% of total assets
Liquidity 11-46
short-term debt 76.2% · cash 2.2%
Profitability 23-50
return on assets -6.5%
Bankruptcy probability, 12 months
11.4% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,637 companies, NACE 82, micro)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.5%▲ +0.3 percentage points vs 11-2024 01-2025: 0.4%▼ -0.1 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.5%▲ +0.1 percentage points vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.9%▲ +0.4 percentage points vs 07-2025 09-2025: 1.2%▲ +0.3 percentage points vs 08-2025 10-2025: 2.2%▲ +1.0 percentage point vs 09-2025 11-2025: 2.4%▲ +0.2 percentage points vs 10-2025 12-2025: 2.4%● unchanged vs 11-2025 01-2026: 2.5%▲ +0.1 percentage points vs 12-2025 02-2026: 2.5%● unchanged vs 01-2026 03-2026: 2.5%● unchanged vs 02-2026 04-2026: 2.6%▲ +0.1 percentage points vs 03-2026 05-2026: 2.4%▼ -0.2 percentage points vs 04-2026 06-2026: 5.7%▲ +3.3 percentage points vs 05-2026 07-2026: 5.7%● unchanged vs 06-2026 08-2026: 6.9%▲ +1.2 percentage points vs 07-2026 09-2026: 8.3%▲ +1.4 percentage points vs 08-2026 10-2026: 11.4%▲ +3.1 percentage points vs 09-2026highest value
Credit of up to €1,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.03, compared with 1.14 in 2023, below the usual 1.5; short-term debt: 76.2% and cash: 2.2% of total assets), and 79.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 82, micro): better than 28% on solvency, 7% on liquidity, 17% on profitability and 20% on growth.

The bankruptcy probability was computed on 18-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed 08-10-2025)
NBB · annual accounts
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 65 days late; 2 of the last 3 late
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 79 days later.
NBB · 4 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline18-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-10-2025, 65 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 · 4 filings
Deviation from the deadline
2025
not filed
2024
65 days late
2023
2 days early
2022
31 days late
2021
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 31 days after the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignation: Orhan Kaya (director)Appointment: Dimitrova Rumyana Petrova (sole…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€12,402

Key points

  • Caution: Among the weakest 12% on net resultsector median €14,038 · 9,458 companies -€12,402 View
  • Caution: Accounts not fileddeadline was 31-07-2026 79 days late View
  • Caution: Board changedlatest change 30-04-2026 · 1 in office 1 joined · 1 left View

By topic

Financials

Financial year
2024
Total assets
€191,266
Loss
-€12,402
Solvency
20.6%
Total assets▼ 0.4%
Net result
20212024
Go to Financials

Timeline

Events
8
Since
2022
  1. 19-11-2024Registered office
  2. 29-07-2024Annual accounts filed
  3. 31-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Office administrative, office support and other business support…NACE 82920
Founded
14-01-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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