KRIS VAN CUTSEM
ActiveSummary
KRIS VAN CUTSEM has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €421,537 and a net result of €70,662. Equity remains stable across the filed fiscal years (±1.3% per year). The computed 12-month bankruptcy probability is 0.6% (low).
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Signals
This company filed its last 7 accounts on average 15 days before 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 (2)
History
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Financials · fiscal year 2025, micro schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 31,371 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €269,817 | - | - | - | - |
| Non-recurring operating income76A | €9,566 | €25,000 | €0 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €184,582 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €1,460 | €500 | €500 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,709 | €10,362 | €10,005 | €10,431 | €10,678 | ▲ 2.4% |
| Other operating charges640/8 | €743 | €2,592 | €1,501 | €1,687 | €1,839 | ▲ 9.0% |
| Gross operating margin9900 | €129,887 | €120,193 | €89,965 | €83,667 | €111,229 | ▲ 32.9% |
| Operating profit (loss)9901 | €106,435 | €105,779 | €77,959 | €71,049 | €98,711 | ▲ 38.9% |
| Financial income75/76B | €7,657 | €2,550 | €2,649 | €5,478 | €5,454 | ▼ 0.4% |
| Recurring financial income75 | €7,657 | €2,550 | €2,649 | €5,478 | €5,454 | ▼ 0.4% |
| Financial charges65/66B | €797 | €1,971 | €2,762 | €2,271 | €2,228 | ▼ 1.9% |
| Recurring financial charges65 | €797 | €1,971 | €2,762 | €2,271 | €2,228 | ▼ 1.9% |
| Profit (loss) for the period before taxes9903 | €113,295 | €106,358 | €77,845 | €74,256 | €101,937 | ▲ 37.3% |
| Transfer from deferred taxes780 | €308 | €380 | €380 | €380 | €380 | = |
| Transfer to deferred taxes680 | €1,900 | €0 | - | - | - | - |
| Income taxes67/77 | €33,092 | €35,115 | €21,901 | €23,922 | €31,655 | ▲ 32.3% |
| Profit (loss) for the period9904 | €78,612 | €71,623 | €56,324 | €50,714 | €70,662 | ▲ 39.3% |
| Transfer from tax-exempt reserves789 | €1,233 | €1,520 | €1,520 | €1,520 | €1,520 | = |
| Transfer to tax-exempt reserves689 | €7,600 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €72,244 | €73,143 | €57,844 | €52,234 | €72,182 | ▲ 38.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €436,876 | €453,088 | €441,337 | €436,858 | €438,671 | ▲ 0.4% |
| Fixed assets21/28 | €82,830 | €72,468 | €72,966 | €76,946 | €86,097 | ▲ 11.9% |
| Intangible fixed assets21 | €1,444 | €946 | €518 | €255 | €24 | ▼ 90.8% |
| Tangible fixed assets22/27 | €81,385 | €71,522 | €72,448 | €76,690 | €86,073 | ▲ 12.2% |
| Land and buildings22 | €58,082 | €54,173 | €60,540 | €70,222 | €85,045 | ▲ 21.1% |
| Furniture and vehicles24 | €23,303 | €17,348 | €11,908 | €6,468 | €1,028 | ▼ 84.1% |
| Current assets29/58 | €354,046 | €380,620 | €368,371 | €359,912 | €352,574 | ▼ 2.0% |
| Amounts receivable within one year40/41 | €30,290 | €27,357 | €25,755 | €13,378 | €14,407 | ▲ 7.7% |
| Other amounts receivable41 | €30,290 | €27,357 | €25,755 | €13,378 | €14,407 | ▲ 7.7% |
| Current investments50/53 | €129,345 | €129,345 | €279,345 | €279,345 | €229,345 | ▼ 17.9% |
| Cash at bank and in hand54/58 | €192,909 | €222,856 | €61,387 | €48,789 | €87,512 | ▲ 79.4% |
| Deferred charges and accrued income490/1 | €1,502 | €1,063 | €1,883 | €18,399 | €21,310 | ▲ 15.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €436,876 | €453,088 | €441,337 | €436,858 | €438,671 | ▲ 0.4% |
| Equity10/15 | €420,515 | €374,748 | €376,898 | €427,611 | €421,537 | ▼ 1.4% |
| Contributions10/11 | €19,000 | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Reserves13 | €401,515 | €355,748 | €357,898 | €408,611 | €402,537 | ▼ 1.5% |
| Non-distributable reserves130/1 | €9,550 | €9,550 | €0 | - | - | - |
| Reserves not available under the articles1311 | €9,550 | €9,550 | €0 | - | - | - |
| Tax-exempt reserves132 | €7,117 | €5,597 | €4,077 | €2,557 | €1,037 | ▼ 59.4% |
| Distributable reserves133 | €384,848 | €340,601 | €353,820 | €406,054 | €401,500 | ▼ 1.1% |
| Profit (loss) carried forward14 | - | €0 | €0 | €0 | €0 | - |
| Provisions and deferred taxes16 | €1,592 | €1,212 | €832 | €452 | €72 | ▼ 84.1% |
| Deferred taxes168 | €1,592 | €1,212 | €832 | €452 | €72 | ▼ 84.1% |
| Amounts payable17/49 | €14,769 | €77,128 | €63,607 | €8,795 | €17,062 | ▲ 94.0% |
| Amounts payable within one year42/48 | €14,769 | €77,128 | €63,607 | €8,795 | €17,062 | ▲ 94.0% |
| Trade debts44 | - | - | - | €7,450 | €8,499 | ▲ 14.1% |
| Suppliers440/4 | - | - | - | €7,450 | €8,499 | ▲ 14.1% |
| Taxes, remuneration and social security45 | €14,769 | €19,813 | €10,751 | €0 | €7,218 | - |
| Taxes450/3 | €14,769 | €19,813 | €10,751 | €0 | €7,218 | - |
| Other amounts payable47/48 | - | €57,315 | €52,856 | €1,345 | €1,345 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €78,612 | €71,623 | €56,324 | €50,714 | €70,662 | ▲ 39.3% |
| + Depreciation and write-downs630 | €22,709 | €10,362 | €10,005 | €10,431 | €10,678 | ▲ 2.4% |
| Operating cash flow (approximation) | €101,321 | €81,984 | €66,329 | €61,145 | €81,341 | ▲ 33.0% |
| Investment in fixed assets (approximation) | - | €0 | -€10,503 | -€14,410 | -€19,829 | ▼ 37.6% |
| Change in cash | - | €29,947 | -€161,468 | -€12,598 | €38,723 | ▲ 407% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23089B0164/00H000 | Flanders | 2,061 m² | 1 · 169 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Company details
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Register as of 30 September 2026 · Peppol Directory
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