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KO GROUP

Active
Private limited companyfounded 1987active for 38 yearsOrbanlaan 214, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0433.046.305
Summary

The computed 12-month bankruptcy probability of KO GROUP is 5.4% (elevated). The 2024 annual accounts show equity of €1.6m and a net result of -€292,533. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 35% of 513 sector peers (NACE 93, financial year 2024). The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Sports, amusement and recreation activities
NACE 93210
Largest company by total assets in Sint-Pieters-Woluwe, Arts, sports and recreation sector1 site
Size
€1.9mturnover 2024
Staff
7.6 FTE
Equity
€1.6m
Loss
-€292,533
Financial health
35 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.4%
Structure
Holdings
8
Auditor: SRL Forvis Mazars Reviseurs d’EntreprisesAccounts 77 days overdue3 of 13 deeds read
Why 35raises riskLiquidity: current ratio 1.02, cash €41,535Figures for financial year 2024 (filed 30-09-2025)1 change of registered office in 24 monthslowers riskSector: Sports, amusement and recreation activities (NACE 93)Show the evidence

Checked score

Score 2024
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 25% of its sector peers (NACE 93, micro)
Financial strength · tick = 2023
Weak
Solvency 46-9
equity 20.7% of total assets
Liquidity 11-3
short-term debt 74.1% · cash 0.5%
Profitability 9-9
return on assets -3.8%
Bankruptcy probability, 12 months
5.4% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,256 companies, NACE 93, micro)
Last 24 months 11-2024: 0.9% 12-2024: 0.9%● unchanged vs 11-2024 01-2025: 0.9%● unchanged vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025lowest value 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.2 percentage points vs 06-2025 08-2025: 1.6%▲ +0.5 percentage points vs 07-2025 09-2025: 1.8%▲ +0.2 percentage points vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 2.6%▲ +0.8 percentage points vs 05-2026 07-2026: 2.6%● unchanged vs 06-2026 08-2026: 3.0%▲ +0.4 percentage points vs 07-2026 09-2026: 3.7%▲ +0.7 percentage points vs 08-2026 10-2026: 5.4%▲ +1.7 percentage points vs 09-2026highest value
Credit of up to €55,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.02, compared with 1.18 in 2023, below the usual 1.5; short-term debt: 74.1% and cash: 0.5% of total assets), and 79.3% 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 93, micro): better than 43% on solvency, 12% on liquidity, 19% on profitability and 26% on growth.

The bankruptcy probability was computed on 15-10-2026 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

Seven signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.02, cash €41,535
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 30-09-2025)
NBB · annual accounts
lowers risk · Sector: Sports, amusement and recreation activities (NACE 93)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€292,533
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, 77 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline16-10-2026 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 23-09-2025, 54 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 filings
Deviation from the deadline
2025
not filed
2024
54 days late
2023
57 days late
2022
31 days late
2021
22 days late
2020
29 days late
2019
130 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 54 days after the deadline; the sector median (NACE 93) for financial year 2024 is 1 day before the deadline, and 42% 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. Permanent representatives: Nicolas Dupeux-Bouteille, Pierre-Edouard Stérin…Gazette deed
  2. Appointments: FORVIS MAZARS REVISEURS D’ENTREPRISES SRL…Permanent representatives: Guillaume VANHOLLEBEKE, STÉRIN…
  3. Annual accounts filedfinancial year 2024 · full…

Key points

  • Risk: 3 loss-making years in a rowloss financial year 2024 -€292,533 View
  • Caution: Result fell in 2024from -€37,017 to -€292,533 ▼ 690% View
  • Caution: Among the weakest 10% on net resultsector median €16,678 · 513 companies -€292,533 View
  • Caution: Accounts not fileddeadline was 31-07-2026 77 days late View
  • Caution: Board changedlatest change 13-04-2026 · 1 in office 1 joined · 1 left View
  • Heads a groupcompanies controlled 8 View

By topic

Financials

Financial year
2024
Turnover
€1.9m
Loss
-€292,533
Solvency
20.7%
Go to Financials

Board & ownership

Board
1 member
Auditor
SRL Forvis Mazars Reviseurs…
  • DELMOTE Anneleen MichelineDirector
Go to Board & ownership

Timeline

Events
47
Since
1989
  1. 12-06-2025Resignations: ROAD INVEST SA (director) and SHINJUNAB…
  2. 31-12-2024Weakest financial year
  3. 26-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Sports, amusement and recreation activitiesNACE 93210
Founded
29-12-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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