Losses
-€2.0m in five years
Every financial year from 2021 to 2025 closed with a loss. 2023 was the heaviest.
KONTICH LEASEHOLD
Lifetime
19 annual accounts with figures on one time axispeak €1.3m (2025)
€1.3m▲ 17.5%
lowest -€1.3m (2019)
-€111,412▲ €248,389
peak €10.8m (2021)
€8.9m▼ 1.2%
€8.6m▼ 8.2%
Board2 names since 2021
1 directorLICENSE TO CONSTRUCT
Owners
Documentsfilings and deeds
17-06-202644 days before the deadline
2025abbreviated format
Gross margin from €1.1m to €1.3mLoss of €111,412
Key points
from the 2025 annual accountsInvestments
€449,315 0.3 × depreciation
Green is investment, beige is depreciation.
Payment terms
232 days to suppliers
KONTICH LEASEHOLD pays its suppliers 89 days later than in 2024. Customers pay 12 days earlier.
Filings
19 annual accounts since 2007
The last five annual accounts were filed 27 to 69 days before the end of the period.
At the same address
26 companies
Position in the sector
-€111,412
Lower net result than 90% of companies in real estate. Sector median €9,988 · 11,280 companies.
Checked score
97
Excellent
Financially stronger than 74% of medium-sized companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 1,721 companies (NACE 68, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025highest value
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.37, cash €527,914
Loss of €111,412, the second in a row (financial year 2025)
lowers risk
Size: turnover €1.5m, total assets €17.5m
Figures for financial year 2025 (filed on 17-06-2026)
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 68, medium-sized). It does better than 71% of them on solvency, 80% on liquidity, 90% on profitability and 54% on growth.
The bankruptcy probability was computed on 06-11-2026 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 very low class on 30-06-2025, 0.1% 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).
Comparable companies, two years later
In July 2024, 246 companies had the same profile as KONTICH LEASEHOLD has now. Each dot is one company, two years later.
89.8%
were still trading
8.5%
stopped another way
1.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of KONTICH LEASEHOLD itself is lower: 0.1% within 12 months. It rests on far more data about KONTICH LEASEHOLD than the profile alone.
Test of the method
The method was tested on the 497,447 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 246 companies, not a prediction for KONTICH LEASEHOLD. 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.
Credit verdict
Credit of up to €140,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.37 (0.28 in 2024), below 1. Short-term debt is 8.9% and cash 3% of total assets. 49.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€111,412
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 days early
2024
43 days early
2023
57 days early
2022
27 days early
2021
69 days early
2020
59 days early
2019
23 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 46 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- LICENSE TO CONSTRUCT 100%score 54equity €25.6m (2024) · annual accounts 2025
Recent changes
Environmental permit granted
Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Nieuwe publiciteitsinrichting (met inbegrip van vernieuwen van een bestaande vergunning) · Kontich
Capital increase of €3,472,417.42 to €7,147,417.42
Capital from €3,675,000 to €7,147,417.42 · Contribution: License to Construct · General meeting of 04-02-2021 · Gazette deed
Registered office moved from Woluwe-Saint-Pierre to Ghent
New registered office: B-9000 Gent, Zuiderlaan 1-3 bus 1 · Previous registered office: B-1150 Sint-Pieters-Woluwe, Atlantischlaan 122 · Appointment: License to Construct (sole director) · General meeting of 29-01-2021 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0885638704
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KONTICH LEASEHOLD Ghent | €1.5m | 2.0% | 50.7% | - |
| NINIA Brussels | - | - | 95.4% | - |
| DOSI-INVEST Veurne | €1.8m | 23.2% | 16.2% | - |
| DECOLOGIC Comines-Warneton | - | - | 29.0% | 7.2 |
| RIKESA Herentals | - | - | 1.0% | - |
| MP HOLDINGS Woluwe-Saint-Lambert | - | - | 14.1% | 0 |
| PACO Erpe-Mere | - | - | 15.7% | - |
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as KONTICH LEASEHOLD: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €14m and €21m, founded between 2004 and 2006.
Official details
Source: KBO- Status
- Active since 13-12-2006Normal situation
- Registered office
- 26 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 7 November 2026.
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.160.029.5539000 Ghent, since 13-12-2006
- Financial year end
- 31 December
- Peppol
- Reachable since 20-11-2020
Annual accounts 2025
- €17.5m▼ 4.8%
- Filing
- Filed on 17-06-2026, 44 days before the end of the filing period
Insights on KONTICH LEASEHOLD
KONTICH LEASEHOLD files the abbreviated format. That format states no turnover. The gross margin rose from €511,874 in 2007 to €1.3m in 2025.
The balance sheet grew most from 2021 to 2022 through fixed assets.
LICENSE TO CONSTRUCT holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KONTICH LEASEHOLD
- What is the company number of KONTICH LEASEHOLD?
- The company number of KONTICH LEASEHOLD is 0885.638.704. The VAT number is the same number with BE in front: BE 0885.638.704.
- Where is KONTICH LEASEHOLD based?
- The registered office is at Zuiderlaan 1-3, 9000 Ghent.Company details
- What does KONTICH LEASEHOLD do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of KONTICH LEASEHOLD?
- KONTICH LEASEHOLD is a private limited company (BV).
- When was KONTICH LEASEHOLD founded?
- KONTICH LEASEHOLD was founded on 13-12-2006.
- Is KONTICH LEASEHOLD still active?
- Yes, KONTICH LEASEHOLD is an active enterprise in the KBO register.
- What is the turnover of KONTICH LEASEHOLD?
- The turnover of KONTICH LEASEHOLD was €1.5m in financial year 2025, according to the filed annual accounts.Financials
- Is KONTICH LEASEHOLD profitable?
- In financial year 2025, KONTICH LEASEHOLD made a loss of €111,412.
- Where can I find the annual accounts of KONTICH LEASEHOLD?
- KONTICH LEASEHOLD filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KONTICH LEASEHOLD due?
- KONTICH LEASEHOLD must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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