KOTO
ActiveKOTO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €12k and a net result of €-16k. Equity is shrinking by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 26% of 15881 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
10
/ 100
Critical▼ -2 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency8▼-27
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.63 against 0.9 in 2023), and 92.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
7.7%
Return on assets
-10.6%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€16k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-09-2025, 40 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.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
40 d late
2023
26 d late
2022
29 d late
2021
95 d late
2020
59 d late
2019
68 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€12k▼ 78.5%
2023 · €56k
2018: €56k
2019: €24k
2020: €81k
2021: €89k
2022: €77k
2023: €56k
2018 → 2024
Total assets
€156k▼ 29.8%
2023 · €223k
2018: €401k
2019: €319k
2020: €322k
2021: €270k
2022: €208k
2023: €223k
2018 → 2024
Net result
€-16k▲ 21.8%
2023 · €-21k
2018: €262
2019: €-32k
2020: €58k
2021: €7k
2022: €-11k
2023: €-21k
2018 → 2024
Working capital
€-53k▼ 227%
2023 · €-16k
2018: €-30k
2019: €-70k
2020: €-1k
2021: €-2k
2022: €-6k
2023: €-16k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€81k-€89k▲ 8.8%€77k▼ 12.9%€56k▼ 27.4%€12k▼ 78.5%
Operating result€59k-€9k▼ 84.1%€-10k€-18k▼ 79.1%€-13k▲ 30.2%
Net result€58k-€7k▼ 87.6%€-11k€-21k▼ 84.8%€-16k▲ 21.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €13k in 2024 against €18k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €156k
Fixed assets
€65k▼ 9.6%
Current assets
€91k▼ 39.5%
Equity and liabilities €156k
Equity
€12k▼ 78.5%
Debt
€144k▼ 13.4%
The debt ratio rises from 74.8% to 92.3%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€-6k▲
2023 · €-8k
Cash flow
€-10k▲
2023 · €-10k
Solvency
7.7%▼
2023 · 25.2%
Current ratio
0.63▼
2023 · 0.90
Quick ratio
0.09▼
2023 · 0.21
Debt / equity
12.00▲
2023 · 2.97
ROE
-137.3%▼
2023 · -37.7%
ROA
-10.6%▼
2023 · -9.5%
Interest coverage
-1.51▲
2023 · -2.37
Debt
€144k▼
2023 · €167k
Debt ≤ 1 year
€144k▼
2023 · €167k
Staff costs
€33k▼
2023 · €34k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€223k€156k▼
Fixed assets21/28€72k€65k▼
Tangible fixed assets22/27€72k€65k▼
Plant, machinery and equipment23€72k€65k▼
Furniture and vehicles24€241€169▼
Financial fixed assets28€300€300=
Current assets29/58€150k€91k▼
Stocks and contracts in progress3€116k€78k▼
Stocks30/36€116k€78k▼
Amounts receivable within one year40/41€8k-
Trade receivables40€8k-
Cash at bank and in hand54/58€27k€13k▼
Deferred charges and accrued income490/1-€572
Equity and liabilities
Total equity and liabilities10/49€223k€156k▼
Equity10/15€56k€12k▼
Contributions10/11€25k-
Reserves13€3k-
Non-distributable reserves130/1€3k-
Reserves not available under the articles1311€3k-
Profit (loss) carried forward14€29k€12k▼
Amounts payable17/49€167k€144k▼
Amounts payable within one year42/48€167k€144k▼
Trade debts44€56k€26k▼
Suppliers440/4€56k€26k▼
Taxes, remuneration and social security45€11k€12k▲
Taxes450/3€9k€6k▼
Remuneration and social security454/9€2k€5k▲
Other amounts payable47/48€100k€106k▲
Income statement
Code20232024
Remuneration, social security and pensions62€34k€33k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€7k▼
Other operating charges640/8€1k€11k▲
Gross operating margin9900€28k€38k▲
Operating profit (loss)9901€-18k€-13k▲
Financial income75/76B€576€315▼
Recurring financial income75€576€315▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€-21k€-16k▲
Profit (loss) for the period9904€-21k€-16k▲
Profit (loss) for the period to be appropriated9905€-21k€-16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€12k▼
Profit (loss) brought forward from the previous period14P€50k€29k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 40 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 95 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Back to profitnet €58k
Net result €58k after one loss-making year.
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
31-12
Financial
Weakest financial yearnet €-32k ▼12400%
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 68 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
11-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 42 days late
2016
05-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 66 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Mons · 1 establishment unit since 2006
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.
Grand-Route 1377000 MonsGround area
701 m²
Building footprint
270 m²
Volume, LiDAR
1,588 m³
Parcel 53019E0458/00T000, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ELECTRO-CHOC
since 20062.156.347.117
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53019E0458/00T000 | Wallonia | 701 m² | 1 · 270 m² | 7.2 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.
Similar companies · same sector, comparable size
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BE 0597.837.229
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DMR NETWORKS
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Yucco
BE 0445.957.203
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KURT FONTAINE
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Of 971 companies in sector 46431 we hold annual accounts for 698. 227 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-09-2006
Fiscal year end31-12
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
47540Retail sale of electrical household appliances
52450
92340
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 05-09-2026. Scores and ratios are computed by Checked and are not a credit decision.