KS SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of KS SERVICES is 5.3% (elevated). The 2024 annual accounts show equity of €10k and a net result of €3k. Equity is growing by ~59.6% per year across the filed fiscal years. Its solvency ranks better than 67% of 18936 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▼-6
Solvency75▲+25
Growth78=
Track record94
Bankruptcy probability, 12 months
5.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.07 against 0.66 in 2023; short-term debt: 50.5% and cash: 49.1% of total assets), and 50.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
49.5%
Return on assets
16.4%
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 26-06-2025, 35 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
22 d early
2022
21 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€70k
2022 · €0
2022: €0
2024: €70k
2022 → 2024
EBIT margin
8.5%
Net result
€3k▼ 28.7%
2023 · €5k
2022: €-3klowest in 3 years
2023: €5k▲ +259% vs 2022highest in 3 years
2024: €3k▼ -28.7% vs 2023
2022 → 2024
Working capital
€705
2023 · €-7k
2022: €-14klowest in 3 years
2023: €-7k▲ +49.6% vs 2022
2024: €705▲ +110% vs 2023highest in 3 years
2022 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€0-€70k
2022: €0
2024: €70k
Equity€2k-€7k▲ 229%€10k▲ 49.7%
2022: €2klowest in 3 years
2023: €7k▲ +229% vs 2022
2024: €10k▲ +49.7% vs 2023highest in 3 years
Operating result€-3k-€5k€6k▲ 13.3%
2022: €-3klowest in 3 years
2023: €5k▲ +281% vs 2022
2024: €6k▲ +13.3% vs 2023highest in 3 years
Net result€-3k-€5k€3k▼ 28.7%
2022: €-3klowest in 3 years
2023: €5k▲ +259% vs 2022highest in 3 years
2024: €3k▼ -28.7% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 13% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €20k
Fixed assets
€9k ▼ 30.7%
Current assets
€11k ▼ 15.0%
Equity and liabilities €20k
Equity
€10k ▲ 49.7%
Debt
€10k ▼ 47.9%
Debt's share of the balance-sheet total falls from 74.5% to 50.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10k▲
2023 · €10k
Cash flow
€8k▼
2023 · €9k
Current ratio
1.07▲
2023 · 0.66
Quick ratio
1.03▲
2023 · 0.66
Debt to equity
1.02▼
2023 · 2.93
ROE
33.2%▼
2023 · 69.6%
ROA
16.4%▼
2023 · 17.7%
Interest coverage
12.53▼
2023 · 15.89
Debt ≤ 1 year
€10k▼
2023 · €20k
Income taxes
€2k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€27k€20k▼
Fixed assets21/28€14k€9k▼
Tangible fixed assets22/27€14k€9k▼
Plant, machinery and equipment23€14k€9k▼
Current assets29/58€13k€11k▼
Stocks and contracts in progress3-€363
Stocks30/36-€363
Amounts receivable within one year40/41-€617
Trade receivables40-€617
Cash at bank and in hand54/58€13k€10k▼
Equity and liabilities
Total equity and liabilities10/49€27k€20k▼
Equity10/15€7k€10k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€2k€5k▲
Amounts payable17/49€20k€10k▼
Amounts payable within one year42/48€20k€10k▼
Trade debts44€2k€5k▲
Suppliers440/4€2k€5k▲
Taxes, remuneration and social security45€25€2k▲
Taxes450/3€25€2k▲
Other amounts payable47/48€18k€4k▼
Income statement
Code20232024
Turnover70-€70k
Non-recurring operating income76A€6k€9k▲
Goods, raw materials, services and sundry goods60/61-€68k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▼
Other operating charges640/8€882€1k▲
Gross operating margin9900€10k€11k▲
Operating profit (loss)9901€5k€6k▲
Financial income75/76B-€23
Recurring financial income75-€23
Financial charges65/66B€600€812▲
Recurring financial charges65€600€812▲
Profit (loss) for the period before taxes9903€5k€5k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€5k€3k▼
Profit (loss) for the period to be appropriated9905€5k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€5k▲
Profit (loss) brought forward from the previous period14P€-3k€2k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | €0 | - | €70k | - |
| Non-recurring operating income76A | - | €6k | €9k | ▲ 40.9% |
| Goods, raw materials, services and sundry goods60/61 | €2k | - | €68k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €422 | €4k | €4k | ▼ 1.3% |
| Other operating charges640/8 | €50 | €882 | €1k | ▲ 32.8% |
| Gross operating margin9900 | €-2k | €10k | €11k | ▲ 9.0% |
| Operating profit (loss)9901 | €-3k | €5k | €6k | ▲ 13.3% |
| Financial income75/76B | - | - | €23 | - |
| Recurring financial income75 | - | - | €23 | - |
| Financial charges65/66B | €13 | €600 | €812 | ▲ 35.5% |
| Recurring financial charges65 | €13 | €600 | €812 | ▲ 35.5% |
| Profit (loss) for the period before taxes9903 | €-3k | €5k | €5k | ▲ 11.0% |
| Income taxes67/77 | - | - | €2k | - |
| Profit (loss) for the period9904 | €-3k | €5k | €3k | ▼ 28.7% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €5k | €3k | ▼ 28.7% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €19k | €27k | €20k | ▼ 23.1% |
| Fixed assets21/28 | €16k | €14k | €9k | ▼ 30.7% |
| Tangible fixed assets22/27 | €16k | €14k | €9k | ▼ 30.7% |
| Plant, machinery and equipment23 | €16k | €14k | €9k | ▼ 30.7% |
| Current assets29/58 | €3k | €13k | €11k | ▼ 15.0% |
| Stocks and contracts in progress3 | €553 | - | €363 | - |
| Stocks30/36 | €553 | - | €363 | - |
| Amounts receivable within one year40/41 | €2k | - | €617 | - |
| Trade receivables40 | €1k | - | €617 | - |
| Other amounts receivable41 | €914 | - | - | - |
| Cash at bank and in hand54/58 | €441 | €13k | €10k | ▼ 22.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €19k | €27k | €20k | ▼ 23.1% |
| Equity10/15 | €2k | €7k | €10k | ▲ 49.7% |
| Contributions10/11 | €5k | €5k | €5k | = |
| Capital10 | €5k | - | - | - |
| Issued capital100 | €5k | - | - | - |
| Profit (loss) carried forward14 | €-3k | €2k | €5k | ▲ 191% |
| Amounts payable17/49 | €17k | €20k | €10k | ▼ 47.9% |
| Amounts payable within one year42/48 | €17k | €20k | €10k | ▼ 47.9% |
| Trade debts44 | - | €2k | €5k | ▲ 223% |
| Suppliers440/4 | - | €2k | €5k | ▲ 223% |
| Taxes, remuneration and social security45 | - | €25 | €2k | ▲ 6,466% |
| Taxes450/3 | - | €25 | €2k | ▲ 6,466% |
| Other amounts payable47/48 | €17k | €18k | €4k | ▼ 80.6% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €5k | €3k | ▼ 28.7% |
| + Depreciation and write-downs630 | €422 | €4k | €4k | ▼ 1.3% |
| Operating cash flow (approximation) | €-3k | €9k | €8k | ▼ 15.7% |
| Investment in fixed assets (approximation) | - | €-2k | €0 | ▲ 100% |
| Change in cash | - | €13k | €-3k | ▼ 123% |
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
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Liège · 1 establishment unit since 2022
Ground area
376 m²
Building footprint
70 m²
Volume, LiDAR
806 m³
2 parcels, Wallonia · tallest building 18.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
KS SERVICES
since 20222.335.574.710
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62042B0355/00K025 | Wallonia | 341 m² | 1 · 38 m² | 10.0 m · 3 fl. |
| 62063A0832/00F000 | Wallonia | 35 m² | 1 · 31 m² | 18.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 siteLiège2.335.574.710
Similar companies · same sector, comparable size
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WILLIES
BE 0840.227.460
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O' BISTRO
BE 0806.628.640
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SESOH
BE 0751.928.558
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 6,929 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.