Active BE 0767.757.869Private limited companyOpen bankruptcy

KS CONSTRUCTIONS

Stoomtuigstraat 7 B ·8830 Hooglede, Belgium· 5 yrs active

Sector: NACE 25110 (25110)

Conclusion Checked

A bankruptcy procedure is open for KS CONSTRUCTIONS according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €2k and a net result of €136.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€2k
Net result	€136
Better than sector	19%
Active	5 yrs

Snowflake analysis 5 axes · computed by Checked

22 / 100

Fragile profile — watch health in particular.

Health 0

Profitability 42

Solvency 20

Growth 50

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2022 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.

Financial overview1 NBB filings

Annual accounts filed on 27-04-2023 with the NBB · fiscal year 2022 · micro

Sector comparison

Fiscal year 2022 · NACE 25 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	9.7%	27.8%	better than 19% of 57 sector peers
Net result	€136	€16k	better than 15% of 57 sector peers
Equity	€2k	€22k	better than 10% of 57 sector peers
Gross operating margin	€2k	€37k	better than 5% of 57 sector peers
Total assets	€17k	€97k	better than 5% of 57 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Highlight YoY changes (±10%)

Fiscal year	2022
Revenue	—
EBITDA	€2k
Net profit	€136
Cash flow	€1k
Staff costs	—
Income taxes	—
Dividends	—
Total assets	€17k
Equity	€2k
Debt	€15k
of which ≤ 1y	€15k
of which > 1y	—
Working capital	€2k
Employees (FTE)	—

Ratios (computed)

	2022
Current ratio	1.11
Quick ratio	0.70
Working capital ratio	9.7%
Solvency	9.7%
Debt / equity	9.30
Long-term debt ratio	—
Interest coverage	3.61
Gross margin	—
Net margin	—
ROA	0.8%
ROE	8.3%
EBITDA margin	—
Days sales outstanding	—
Days payable outstanding	—
Inventory turnover	—
Days inventory (DSI)	—

Balance-sheet composition 2022

Equity & liabilities

Equity €2k · 9.7% Debt €15k · 90.3%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet — Assets
TOTAL ASSETS	20/58	€17k
Current assets	29/58	€17k
Stocks & contracts in progress	3	€6k
Amounts receivable within one year	40/41	€4k
Cash & bank	54/58	€7k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€17k
Equity	10/15	€2k
Contributions / capital	10/11	€2k
Reserves	13	€136
Amounts payable	17/49	€15k
Amounts payable within one year	42/48	€15k
Trade debts payable within one year	44	€9k
Income statement
Gross operating margin	9900	€2k
Operating result	9901	€580
Financial income	75	€73
Financial charges	65	€517
Result before taxes	9903	€136
Net result for the period	9904	€136
Result to be appropriated	9905	€136

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	LISE VERMEERSCH KACHTEMSESTRAAT 334, 8800 ROESELARE ↔ Also on 44 other cases	27-06-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	25110
Legal form	Private limited company(610)
Incorporation	03-05-2021
Status	Active
Postal code	8830
First BS signal	03-07-2023
Latest BS signal	03-07-2023

Company structure — linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.

Establishment units 1 location

KS CONSTRUCTIONS

Stoomtuigstraat 7B, 8830 HoogledeVervaardiging van metalen constructiewerken en delen daarvan

since 20212.321.028.371

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
36005B0535/00F000	Flanders	5,204 m²	1 · 9 m²	8.1 m · 2 fl.
36005B0535/00K000	Flanders	1,295 m²	1 · 555 m²	6.2 m · 1 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data — this is not proof of ownership.

Updates 3 events

A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

03-07-2023

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Kortrijk · KS CONSTRUCTIONS BV STOOMTUIGSTRAAT 7B, 8830 HOOGLEDE · event 27-06-2023

27-04-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

30-01-2023

State Gazette act Registered-office change

Lifecycle & Insolvency Signals 1 events

03-07-2023

Bankruptcy Opening

Date: 27-06-2023 · Ondernemingsrechtbank Gent, afdeling Kortrijk · KS CONSTRUCTIONS BV STOOMTUIGSTRAAT 7B, 8830 HOOGLEDE · Publications in State Gazette ↗

Time machine — BS events + macro context 2021 — 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023–2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgisch Staatsblad — acts 1 acts

Address history · 1

30-01-2023

Registered-office move

All acts · 1 updated 3 years ago

2023

30-01-2023 Registered office moved from Zedelgem to Hooglede Registered-office change

Hendrik Baekelandlaan 29, 8211 Zedelgem (Aartrijke) → Stoomtuigstraat 7B, 8830 Hooglede (Gits)

Original publication ↗

Technical details

{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Stoomtuigstraat 7B, 8830 Hooglede (Gits)",
        "city": "Hooglede",
        "region": "vlaams_gewest",
        "street": "Stoomtuigstraat",
        "country": "BE",
        "postcode": "8830",
        "box_number": null,
        "street_number": "7B",
        "locality_suffix": "(Gits)"
      },
      "old_address": {
        "raw": "Hendrik Baekelandlaan 29, 8211 Zedelgem (Aartrijke)",
        "city": "Zedelgem",
        "region": "vlaams_gewest",
        "street": "Hendrik Baekelandlaan",
        "country": "BE",
        "postcode": "8211",
        "box_number": null,
        "street_number": "29",
        "locality_suffix": "(Aartrijke)"
      },
      "effective_date": "2022-10-12",
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": "absolute",
      "statutaire_vs_werkelijke": "statutaire",
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": false
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-01-30",
    "filing_date": "2023-01-20",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "enig_aandeelhouder_schriftelijk",
    "date": "2022-10-12",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0767.757.869",
    "name_full": "KS CONSTRUCTIONS",
    "legal_form": "BV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Kurt Simoens",
    "org_rep_person_name": null,
    "person_role_at_subject": "Niet-statutaire bestuurder"
  },
  "co_filed_documents": []
}

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Company registry (CBE) Crossroads Bank

Activities

Vervaardiging van metalen constructiewerken en delen daarvan25110Vervaardiging van metalen constructiewerken en delen daarvan25110Verspanend bewerken van metalen25530Verspanend bewerken van metalen25620

Primary activity highlighted.

Names & trade names

Legal nameNL	KS CONSTRUCTIONS
AbbreviationNL	KSCON

Registered office

Stoomtuigstraat 7 B

8830 Hooglede, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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