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KSA-Solutions

Active
Private limited company (pre-2019)founded 2010active for 15 yearsGrotesteenweg 12, 2440 Geel, BelgiumKBO/BCE: BE 0831.407.487
Summary

The computed 12-month bankruptcy probability of KSA-Solutions is 2.1% (moderate). The 2025 annual accounts show negative equity (-€86,071) and a net result of -€133,686. Equity has been growing by about 22% per year since 2019. Its solvency ranks better than 15% of 784 sector peers (NACE 32, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 22-11-2010 Normal situation
Registered office
28 active companies are registered at this address 8 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
Other manufacturing not elsewhere classified NACE 32990and 3 others
Establishment unit
2.194.041.713 2440 Geel, since 29-11-2010
Financial year end
31 March
Peppol
Reachable since 31-08-2023

Board and ownership

Board
  • Van der Vloet KennyDirector · since 22-11-2010

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.1%
Annual accounts to 31-03-2025
Gross margin
-€75,408
Loss
€133,686
Equity
-€86,071
Total assets
€484,851
▼ 9.9%
Staff
≈ 1 FTE
estimated
  • Negative equity on 31-03-2025
  • 2026 accounts not filed, 4 days past the deadline
Turnover not published (micro format)
Score breakdownraises riskLoss of €133,686 (financial year 2025)1 financial year not filed after the legal deadline; last filed accounts filed 4 days late; 2 of the last 3 accounts lateNegative equity -€86,071lowers riskSize: total assets €484,851Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 8% of micro companies in other manufacturing (NACE 32)
Financial strength · tick: 2024
Weak
Solvency 7-27
equity -17.8% of total assets
Liquidity 12-2
short-term debt 116.0% · cash 9.9%
Profitability 0-36
return on assets -27.6%
Bankruptcy probability within 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (1,141 companies, NACE 32, micro)
Last 24 months 12-2024: 1.0%lowest value 01-2025: 1.2%▲ +0.2 percentage points vs 12-2024 02-2025: 1.3%▲ +0.1 percentage points vs 01-2025 03-2025: 1.8%▲ +0.5 percentage points vs 02-2025 04-2025: 3.1%▲ +1.3 percentage points vs 03-2025 05-2025: 3.1%● unchanged vs 04-2025 06-2025: 3.3%▲ +0.2 percentage points vs 05-2025highest value 07-2025: 2.2%▼ -1.1 percentage points vs 06-2025 08-2025: 2.4%▲ +0.2 percentage points vs 07-2025 09-2025: 2.3%▼ -0.1 percentage points vs 08-2025 10-2025: 2.4%▲ +0.1 percentage points vs 09-2025 11-2025: 2.8%▲ +0.4 percentage points vs 10-2025 12-2025: 1.9%▼ -0.9 percentage points vs 11-2025 01-2026: 1.9%● unchanged vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 1.9%● unchanged vs 03-2026 05-2026: 1.9%● unchanged vs 04-2026 06-2026: 1.9%● unchanged vs 05-2026 07-2026: 1.9%● unchanged vs 06-2026 08-2026: 1.8%▼ -0.1 percentage points vs 07-2026 09-2026: 1.7%▼ -0.1 percentage points vs 08-2026 10-2026: 1.9%▲ +0.2 percentage points vs 09-2026 11-2026: 2.1%▲ +0.2 percentage points vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.86 (1.15 in 2024), below 1. Short-term debt is 116% and cash 9.9% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 32, micro). It does better than 13% of them on solvency, 12% on liquidity, 6% on profitability and 2% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Loss of €133,686 (financial year 2025)
NBB · annual accounts
lowers risk · Size: total assets €484,851
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 4 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Negative equity -€86,071
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€86,071
raises risk · 2025 accounts filed 4 days late
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 04-11-2025, 4 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
4 days late
2024
217 days late
2023
114 days late
2022
51 days late
2021
30 days late
2020
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 67 days after the deadline. In the sector (NACE 32), the median for financial year 2024 was 2 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€86,071 View
  • Caution: From profit to loss in 2025after a profit of €3,074 in 2024 -€133,686 View
  • Caution: Lower net result than 95% of companies in other manufacturingsector median €7,603 · 782 companies -€133,686 View

Recent changes

  1. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as KSA-Solutions: other manufacturing not elsewhere classified (NACE 32990). They are comparable in size and age: total assets between €97,200 and €761,000, founded between 1993 and 2011.

CompanyTotal assetsGross margin
KSA-Solutions Geel€484,851-€75,408
WILMINGTON Sint-Martens-Latem€761,128-€100,040
WORK KING SIZE Anderlecht€418,220-€3,348
ATELIER STORES Eghezée€302,649-€32,536
M. & Co Zwalm€323,334-€862
work 'n safe Diest€97,196-€887
DEZILLIE Lokeren€134,187-€22,595
Full comparison

Key facts about KSA-Solutions

What is the company number of KSA-Solutions?
The company number of KSA-Solutions is 0831.407.487. The VAT number is the same number with BE in front: BE 0831.407.487.
Where is KSA-Solutions based?
The registered office is at Grotesteenweg 12, 2440 Geel.Company details
What does KSA-Solutions do?
According to the KBO register, the main activity is other manufacturing not elsewhere classified (NACE 32990).
What is the legal form of KSA-Solutions?
The legal form of KSA-Solutions is Private limited company (pre-2019) (BVBA).
When was KSA-Solutions founded?
KSA-Solutions was founded on 22-11-2010.
Is KSA-Solutions still active?
Yes, KSA-Solutions is an active enterprise in the KBO register.
What is the turnover of KSA-Solutions?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is KSA-Solutions profitable?
In financial year 2025, KSA-Solutions made a loss of €133,686.
Where can I find the annual accounts of KSA-Solutions?
KSA-Solutions filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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