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KONIG

Active
Public limited companyfounded 198739 yrs activeJacob Jacobsstraat 53, 2018 Antwerpen, BelgiumKBO/BCE: BE 0431.009.404
Summary

KONIG has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €695,608 and a net result of -€10,770. Equity remains stable across the filed fiscal years (±1.2% per year). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability34▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days only on tighter terms
Liquidity ample (current ratio 7.58 against 8.84 in 2023; short-term debt: 13% and cash: 0% of total assets), and 13% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 39 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
87%
Return on assets
-1.3%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 13-11-2025, 105 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
105 d late
2023
61 d late
2022
1 d late
2021
30 d late
2020
31 d late
2019
69 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 50 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

KONIG was incorporated on 27 April 1987.1 Total assets fell from EUR 1.3 million in 2018 to EUR 799,979 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€695,608▼ 1.5%
2023 · €706,378
Total assets
€799,979▲ 0.6%
2023 · €795,331
Net result
-€10,770▲ 27.7%
2023 · -€14,900
Working capital
€686,684▼ 1.5%
2023 · €697,454
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€20,342▲ 10.9%-€7,114▲ 65.0%€111,595-€14,557-€10,655▲ 26.8%
Net result-€20,975▲ 20.8%-€7,414▲ 64.7%€111,275-€14,900-€10,770▲ 27.7%
Equity€617,416▼ 3.3%€610,002▼ 1.2%€721,278▲ 18.2%€706,378▼ 2.1%€695,608▼ 1.5%
Total assets€1.3m▲ 0.2%€1.3m▲ 0.2%€797,563▼ 38.2%€795,331▼ 0.3%€799,979▲ 0.6%
Debt€671,886▲ 3.5%€681,280▲ 1.4%€76,285▼ 88.8%€88,953▲ 16.6%€104,371▲ 17.3%
Working capital€606,240▼ 3.3%€598,827▼ 1.2%€712,354▲ 19.0%€697,454▼ 2.1%€686,684▼ 1.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000€0€50,000€100,000Operating result 2020: -€20,342-€20,342Net result 2020: -€20,975-€20,975Operating result 2021: -€7,114-€7,114Net result 2021: -€7,414-€7,414Operating result 2022: €111,595€111,595Net result 2022: €111,275€111,275Operating result 2023: -€14,557-€14,557Net result 2023: -€14,900-€14,900Operating result 2024: -€10,655-€10,655Net result 2024: -€10,770-€10,77020202021202220232024-€50,000€0€50,000€100,000Operating result 2022: €111,595€112,000Net result 2022: €111,275€111,000Operating result 2023: -€14,557-€14,600Net result 2023: -€14,900-€14,900Operating result 2024: -€10,655-€10,700Net result 2024: -€10,770-€10,800202220232024
The operating result stays negative: a loss of €10,655 in 2024 against €14,557 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €799,979
Fixed assets €8,924 =
Current assets €791,055 ▲ 0.6%
Equity and liabilities €799,979
Equity €695,608 ▼ 1.5%
Debt €104,371 ▲ 17.3%
Debt's share of the balance-sheet total rises from 11.2% to 13.0%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
7.58▼
2023 · 8.84
Debt to equity
0.15▲
2023 · 0.13
ROE
-1.5%▲
2023 · -2.1%
ROA
-1.3%▲
2023 · -1.9%
Debt ≤ 1 year
€104,371▲
2023 · €88,953
Income taxes
€140
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.2% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 8,594 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€795,331€799,979▲
Fixed assets21/28€8,924€8,924=
Financial fixed assets28€8,924€8,924=
Current assets29/58€786,407€791,055▲
Amounts receivable within one year40/41€6,841€11,489▲
Other amounts receivable41€6,841€11,489▲
Current investments50/53€779,565€779,565=
Cash at bank and in hand54/58€1€1=
Equity and liabilities
Total equity and liabilities10/49€795,331€799,979▲
Equity10/15€706,378€695,608▼
Contributions10/11€371,840€371,840=
Capital10€371,840€371,840=
Issued capital100€371,840€371,840=
Reserves13€37,184€37,184=
Non-distributable reserves130/1€37,184€37,184=
Legal reserve130€37,184€37,184=
Profit (loss) carried forward14€297,354€286,583▼
Amounts payable17/49€88,953€104,371▲
Amounts payable within one year42/48€88,953€104,371▲
Financial debts43€3,044€341▼
Credit institutions430/8€3,044€341▼
Trade debts44€1,989€7,830▲
Suppliers440/4€1,989€7,830▲
Other amounts payable47/48€83,920€96,201▲
Income statement Code20232024
Other operating charges640/8€171€4,708▲
Gross operating margin9900-€14,386-€5,947▲
Operating profit (loss)9901-€14,557-€10,655▲
Financial income75/76B-€555
Recurring financial income75-€555
Financial charges65/66B€343€531▲
Recurring financial charges65€343€531▲
Profit (loss) for the period before taxes9903-€14,900-€10,630▲
Income taxes67/77-€140
Profit (loss) for the period9904-€14,900-€10,770▲
Profit (loss) for the period to be appropriated9905-€14,900-€10,770▲
Appropriation of the result
Profit (loss) to be appropriated9906€297,354€286,583▼
Profit (loss) brought forward from the previous period14P€312,254€297,354▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Non-recurring operating income76A--€818---
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€630---
Other operating charges640/8-€1,415€4,656€171€4,708▲ 2,659%
Gross operating margin9900-€17,681-€5,699€116,881-€14,386-€5,947▲ 58.7%
Operating profit (loss)9901-€20,342-€7,114€111,595-€14,557-€10,655▲ 26.8%
Financial income75/76B----€555-
Recurring financial income75----€555-
Financial charges65/66B-€168€311€343€531▲ 54.8%
Recurring financial charges65€513€168€311€343€531▲ 54.8%
Profit (loss) for the period before taxes9903-€20,856-€7,281€111,284-€14,900-€10,630▲ 28.7%
Income taxes67/77€119€132€8-€140-
Profit (loss) for the period9904-€20,975-€7,414€111,275-€14,900-€10,770▲ 27.7%
Profit (loss) for the period to be appropriated9905-€20,975-€7,414€111,275-€14,900-€10,770▲ 27.7%
Line20202021202220232024Change
Assets
Total assets20/58€1.3m€1.3m€797,563€795,331€799,979▲ 0.6%
Fixed assets21/28€11,176€11,176€8,924€8,924€8,924=
Financial fixed assets28€11,176€11,176€8,924€8,924€8,924=
Current assets29/58€1.3m€1.3m€788,639€786,407€791,055▲ 0.6%
Stocks and contracts in progress3€1.3m€1.3m----
Stocks30/36-€1.3m----
Amounts receivable within one year40/41€3,610€4,900€5,958€6,841€11,489▲ 67.9%
Trade receivables40-€630----
Other amounts receivable41-€4,270€5,958€6,841€11,489▲ 67.9%
Current investments50/53--€779,565€779,565€779,565=
Cash at bank and in hand54/58€1,823€1,698€26€1€1=
Deferred charges and accrued income490/1-€1,850€3,090---
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m€797,563€795,331€799,979▲ 0.6%
Equity10/15€617,416€610,002€721,278€706,378€695,608▼ 1.5%
Contributions10/11€371,840€371,840€371,840€371,840€371,840=
Capital10-€371,840€371,840€371,840€371,840=
Issued capital100-€371,840€371,840€371,840€371,840=
Reserves13€37,184€37,184€37,184€37,184€37,184=
Non-distributable reserves130/1-€37,184€37,184€37,184€37,184=
Legal reserve130-€37,184€37,184€37,184€37,184=
Profit (loss) carried forward14€208,392€200,978€312,254€297,354€286,583▼ 3.6%
Amounts payable17/49€671,886€681,280€76,285€88,953€104,371▲ 17.3%
Amounts payable within one year42/48€671,886€681,280€76,285€88,953€104,371▲ 17.3%
Financial debts43---€3,044€341▼ 88.8%
Credit institutions430/8---€3,044€341▼ 88.8%
Trade debts44€1,436€1,329€4,377€1,989€7,830▲ 294%
Suppliers440/4-€1,329€4,377€1,989€7,830▲ 294%
Taxes, remuneration and social security45-€124----
Taxes450/3-€124----
Other amounts payable47/48-€679,827€71,908€83,920€96,201▲ 14.6%
Line20202021202220232024Change
Profit (loss) for the period9904-€20,975-€7,414€111,275-€14,900-€10,770▲ 27.7%
Operating cash flow (approximation)-€20,975-€7,414€111,275-€14,900-€10,770▲ 27.7%
Investment in fixed assets (approximation)-€0€2,252€0€0-
Change in cash--€125-€1,672-€26€0▲ 100%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
13-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 105 days late
2024
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
01-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
31-12
Financial Back to profitnet €111,275
Net result €111,275 after 4 loss-making years.
31-12
Financial Liquidity times 6current ratio 10.34
Current ratio from 1.88 to 10.34; short-term debt falls from €681,280 to €76,285.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
08-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
23-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
30-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1987
seat establishment The establishment unit on the map
Ground area
263 m²
Building footprint
263 m²
Volume, LiDAR
4,117 m³
Parcel 11808H1190/00F011, Flanders · tallest building 20.3 m, ±6 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Jacob Jacobsstraat 53, 2018 Antwerpen
NACE 5156102
since 19872.031.832.472
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11808H1190/00F011 Flanders 263 m² 1 · 263 m² 20.3 m · 6 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded27-04-1987
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0431009404
Also 9925:BE0431009404
Registered 03-02-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.