Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of KO MESSANCY is 1.2% (low). The 2024 annual accounts show equity of €20k and a net result of €178k. Equity is shrinking by ~138.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 25% of 70 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.2%
Low
0%0,5%1,5%4%10%≥25%
Young company
+Lower-failure-rate sector
−Higher-failure-rate region
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Signals
1 signal · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 23-09-2025 | 54 d late | 2025-00511235 |
| 31-12-2023 | 31-07-2024 | 04-07-2024 | 27 d early | 2024-00221403 |
| 31-12-2022 | 31-07-2023 | 04-07-2024 | 339 d late | 2024-00239761 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsMore than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Financials
Turnover€1.39M
EBIT margin17.5%
Net result€178k+157.6%
Working capital€-858k+9.2%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 23-09-2025 with the NBB · fiscal year 2024 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Net result: growth of ~88.7%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 93 · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 2.0% | 24.7% | |
| Net result | €178k | €6k | |
| Equity | €20k | €157k | |
| Gross operating margin | €783k | €229k | |
| Staff costs | €388k | €349k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P25
Weakening position over 2022-2024
· n=55-70
P79
Stable position over 2022-2024
· n=55-70
P34
Weakening position over 2022-2024
· n=55-70
P70
Improving position over 2022-2024
· n=47-62
Describes the position versus peers, not a forecast.
€1.39M
-
22-24
€360k
+80.6%
22-24
€178k
+157.6%
22-24
€294k
+62.8%
22-24
€990k
-9.2%
22-24
€20k
0.0%
22-24
€-858k
+9.2%
22-24
4
-18.0%
22-24
€388k
+4.9%
22-24
€65k
+254.2%
22-24
€178k
+42.9%
22-24
€970k
-9.4%
22-24
€970k
-9.4%
22-24
0.12
-1.8%
22-24
0.11
+7.3%
22-24
2.0%
+10.2%
22-24
48.48
-9.4%
22-24
887.9%
+157.6%
22-24
17.9%
+183.9%
22-24
12.8%
-
22-24
25.9%
-
22-24
2397290.73
+4069674.2%
22-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | €1.39M |
| EBITDA | €360k |
| Net profit | €178k |
| Cash flow | €294k |
| Staff costs | €388k |
| Income taxes | €65k |
| Dividends | €178k |
| Total assets | €990k |
| Equity | €20k |
| Debt | €970k |
| of which ≤ 1y | €970k |
| of which > 1y | - |
| Working capital | €-858k |
| Employees (FTE) | 4.1 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 0.12 |
| Quick ratio | 0.11 |
| Working capital ratio | -86.7% |
| Solvency | 2.0% |
| Debt / equity | 48.48 |
| Long-term debt ratio | - |
| Interest coverage | 2397290.73 |
| Gross margin | 56.4% |
| Net margin | 12.8% |
| ROA | 17.9% |
| ROE | 887.9% |
| EBITDA margin | 25.9% |
| Days sales outstanding | 9d |
| Days payable outstanding | 69d |
| Inventory turnover | 299.22 |
| Days inventory (DSI) | 1d |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €990k |
| Fixed assets | 21/28 | €877k |
| Formation expenses | 20 | €347 |
| Tangible fixed assets | 22/27 | €877k |
| Financial fixed assets | 28 | €21 |
| Current assets | 29/58 | €112k |
| Stocks & contracts in progress | 3 | €2k |
| Amounts receivable within one year | 40/41 | €36k |
| Cash & bank | 54/58 | €50k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €990k |
| Equity | 10/15 | €20k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €970k |
| Amounts payable within one year | 42/48 | €970k |
| Trade debts payable within one year | 44 | €115k |
| Income statement | ||
| Turnover | 70 | €1.39M |
| Gross operating margin | 9900 | €783k |
| Operating result | 9901 | €243k |
| Financial charges | 65 | €0 |
| Result before taxes | 9903 | €243k |
| Income taxes | 67/77 | €65k |
| Net result for the period | 9904 | €178k |
| Result to be appropriated | 9905 | €178k |
You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed56
/ 100
Fair
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
2 directorsCurrent directors & mandates
-
KO GROUPLegal entityDirector· perm. rep.: Benoît Philippe Paul André VerlindenState Gazette act 22370853 (04-11-2022)Current04-11-2022 → present
Former directors (1)
-
Former04-11-2022 → 19-06-2024
2 events
- 19-06-2024 Resigned· Director
- 04-11-2022 Appointed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Overige recreatie- en ontspanningsactiviteiten, neg(93299) |
| Legal form | Private limited company(610) |
| Incorporation | 26-10-2021 |
| Status | Active |
| Postal code | 1150 |
Structure & network
Connections & network
2 connected companiesNetwork connections
Shared address
→
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Registered office
from the Crossroads BankCannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Orbanlaan 2141150 Sint-Pieters-WoluweEstablishment units
1 locationKOJUMP MESSANCY
since 20212.327.473.725
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area361 m²
Buildings1
Building footprint110 m²
Volume (LiDAR)1,034 m³
Tallest building11.6 m · ±3 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21683D0238/00M002 | Brussels | 361 m² | 1 · 110 m² | 11.6 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
5 acts Address history · 2
26-05-2026
Seat change: new: Avenue Orban 214, 1150 Woluwe-Saint-Pierre, old: Chaussée de Bruxelles 63, 1410 Waterloo
19-06-2024
v3.2
All acts · 5
updated 2 months ago
2026
26-05-2026 General meeting · Seat change · Statute amendment · Auditor mandate
- General meeting: date: 2026-04-13, type: assemblée générale extraordinaire · KO MESSANCY
- Seat change: new: Avenue Orban 214, 1150 Woluwe-Saint-Pierre, old: Chaussée de Bruxelles 63, 1410 Waterloo · KO MESSANCY
- Statute amendment: article: Article 2, content: Le siège est établi en région de Bruxelles- Capitale. · KO MESSANCY
- Auditor mandate: end: 2028-12-31, start: 2026-04-13, duration: trois ans · FORVIS MAZARS REVISEURS D'ENTREPRISES SRL
- Permanent representative: role: représentant permanent · Guillaume VANHOLLEBEKE
- Mandate compensation: note: Les émoluments du commissaire pour l’année comptable se clôturant le 31 décembre 2026, sont de (…). Ces émoluments seront adaptés chaque année en tenant compte de l’évolution de l’indice des prix à la consommation., year: 2026 · FORVIS MAZARS REVISEURS D'ENTREPRISES SRL
- Permanent representative: role: représentant permanent, replaces: MALNOY Edouard · STÉRIN Pierre-Edouard
- Power of attorney: purpose: coordination des statuts · KO MESSANCY
- Filing: date: 2026-05-21 · KO MESSANCY
- Publication: date: 2026-05-26, publication: Bijlagen bij het Belgisch Staatsblad - 26/05/2026 - Annexes du Moniteur belge · KO MESSANCY
- Act object: STATUTS (TRADUCTION, COORDINATION, AUTRES
Summary:
General meeting · Seat change · Statute amendment · Auditor mandate
2025
12-06-2025 Change in the board of directors
Summary:
v3.2
2024
19-06-2024 Registered office moved within Waterloo
- Drève Richelle 4A, 1410 Waterloo → Chaussée de Bruxelles 63, 1410 Waterloo
Summary:
v3.2
2022
04-11-2022 2 directors appointed
- Nabil Chedid, Bestuurder
- Benoît Philippe Paul André Verlinden, Bestuurder
Summary:
v3.2
2021
28-10-2021 Incorporation of a new SRL
Summary:
oprichting
Analysis
Snowflake analysis
financial profile on 5 axes61
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
56
Profitability
96
Solvency
1
Growth
58
Stability
94
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Credit advice
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Company registry
Company registry (CBE)
Crossroads BankActivities
Overige recreatie- en ontspanningsactiviteiten, neg93299Overige recreatie- en ontspanningsactiviteiten, n.e.g.93299Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
| Legal nameFR | KO MESSANCY |
Registered office
Orbanlaan 214
1150 Sint-Pieters-Woluwe, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.