KORT COMPANY
ActiveThe computed 12-month bankruptcy probability of KORT COMPANY is 2.3% (moderate). The 2024 annual accounts show equity of €21k and a net result of €11k. Its solvency ranks better than 71% of 26043 sector peers (fiscal year 2024). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency83
Growth-
Track record67
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 2.1; short-term debt: 42.1% and cash: 37% of total assets), and 42.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
57.9%
Return on assets
30%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2024
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€21k
Total assets
€36k
Net result
€11k
Working capital
€17k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €35k
Fixed assets
€4k
Current assets
€32k
Equity and liabilities €36k
Equity
€21k
Debt
€15k
Debt finances 42.1% of the balance-sheet total.
Key figures and ratios
EBITDA
€14k
Cash flow
€11k
Solvency
57.9%
Current ratio
2.10
Quick ratio
0.91
Debt / equity
0.73
ROE
51.9%
ROA
30.0%
Interest coverage
103.12
Debt
€15k
Debt ≤ 1 year
€15k
Income taxes
€3k
Filed annual accounts
As filed with the NBB · 2024
Balance sheet
Code2024
Assets
Total assets20/58€36k
Formation expenses20€457
Fixed assets21/28€4k
Financial fixed assets28€4k
Current assets29/58€32k
Stocks and contracts in progress3€18k
Stocks30/36€18k
Amounts receivable within one year40/41€493
Other amounts receivable41€493
Cash at bank and in hand54/58€13k
Equity and liabilities
Total equity and liabilities10/49€36k
Equity10/15€21k
Contributions10/11€10k
Profit (loss) carried forward14€11k
Amounts payable17/49€15k
Amounts payable within one year42/48€15k
Trade debts44€11k
Suppliers440/4€11k
Taxes, remuneration and social security45€3k
Taxes450/3€3k
Other amounts payable47/48€1k
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€490
Other operating charges640/8€612
Gross operating margin9900€15k
Operating profit (loss)9901€14k
Financial charges65/66B€137
Recurring financial charges65€137
Profit (loss) for the period before taxes9903€13k
Income taxes67/77€3k
Profit (loss) for the period9904€11k
Profit (loss) for the period to be appropriated9905€11k
Appropriation of the result
Profit (loss) to be appropriated9906€11k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Lede · 1 establishment unit since 2024
Cannot 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.
Nieuwstraat 39340 LedeGround area
58 m²
Building footprint
50 m²
Volume, LiDAR
315 m³
Parcel 41034F0993/00X000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NACHTWINKEL-LEDE
since 20242.360.902.301
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41034F0993/00X000 | Flanders | 58 m² | 1 · 50 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLede2.360.902.301
Similar companies · same sector, comparable size
EURONEPAL
BE 0840.415.324
Antwerpen · Eq €21k
JM Retail
BE 0459.276.291
Schoten · Eq €21k
MONS
BE 0451.855.989
Zottegem · Eq €21k
HOLDINGS DRINKS
BE 0678.915.965
Anderlecht · Eq €21k
Meryem Market
BE 0887.501.597
Schaarbeek · Eq €21k
Of 10,525 companies in sector 47110 we hold annual accounts for 5,860. 4,177 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2024
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47120Other non-specialised retail sale
47191Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.