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KSH

Active Private limited companyfounded 2021active for 5 yearsEigenlo 11, 9140 TemseKBO/BCE: BE 0770.983.417

Lifetime

4 annual accounts with figures on one time axis
peak €203,697 (2022)
€185,838▲ 3.9%
peak €138,014 (2022)
€125,736▲ 9.2%
peak €439,527 (2025)
€439,527▲ 39.7%
€100,524▼ 24.4%
Board1 name since 2021
Documentsfilings and deeds
09-06-202652 days before the deadline
2025micro format
Dividend €859Equity from €314,650 to €439,527Debts from €132,929 to €100,524Investments €102,137Cash from €136,001 to €267,856

Key points

from the 2025 annual accounts

Equity

€439,527 ▲ 39.7%
314,6502024+125,736Profit-859Dividend439,5272025

KSH paid out €859 in dividends. That is 1% of the 2025 profit.

Turnover

≈ €340,000 estimated

The micro format states no turnover.

Investments

€129,268 5.3 × depreciation
2022202320242025

Green is investment, beige is depreciation. Land and buildings stand 513.1% higher than in 2024.

Filings

4 annual accounts since 2022
AprilJune31 JulyOctober2022202320242025

The last four annual accounts were filed 7 to 52 days before the end of the period.

Position in the sector

€125,736

Higher net result than 93% of companies in advertising and market research. Sector median €14,755 · 8,616 companies.

Checked score

98
Excellent
Financially stronger than 83% of micro companies in advertising and market research (NACE 73)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 11,230 companies (NACE 73, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025highest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.1%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100+5equity 81.4% of total assets
95+17short-term debt 17.7% · cash 49.6%
98-2return on assets 23.3%

Score breakdown

lowers risk
Liquidity: current ratio 4.01, cash €267,856
Sector: Advertising, market research and public relations activities (NACE 73)
Equity €439,527 (81.4% of total assets)
Figures for financial year 2025 (filed on 09-06-2026)
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 73, micro). It does better than 87% of them on solvency, 89% on liquidity, 75% on profitability and 80% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 6,782 companies had the same profile as KSH has now. Each dot stands for 17 companies, two years later.

96.7%
were still trading
2.7%
stopped another way
0.6%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of KSH itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,782 companies, not a prediction for KSH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €40,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.01 (3.18 in 2024), above the usual 1.5. Short-term debt is 17.7% and cash 49.6% of total assets. 18.6% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 4.01, cash €267,856
NBB · annual accounts
lowers risk · Sector: Advertising, market research and public relations activities (NACE 73)
KBO
lowers risk · Equity €439,527 (81.4% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 09-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
52 days early
2024
29 days early
2023
33 days early
2022
7 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 30 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

VD
Director, since 08-07-2021
  • VAN DRIESSCHE Herman founderdeed of 13-07-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0770983417
Environmental permit granted Het reliëf van de bodem aanmerkelijk wijzigen, Nieuwbouw of aanleggen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie and 1 more · Temse
Incorporation Founding capital of €12,500, 100 shares · Founder: VAN DRIESSCHE Herman · Appointment: VAN DRIESSCHE Herman (director) · published on 13-07-2021 · Gazette deed
First establishment Eigenlo 11, Temse
All 10 events

Comparable companies

same main activity, similar in size and age
Company
KSH Temse €540,051 €185,838 81.4% -
PDM Consulting Nazareth-De Pinte €509,551 €171,564 66.0% -
Acaciah Sint-Niklaas €622,043 €172,156 51.2% -
IMC Destelbergen €479,690 €163,786 45.8% -
THIBROX Zaventem €532,263 €196,494 97.3% -
JL Support Harelbeke €577,509 €193,535 87.3% -
Auctim OPCO Aartselaar €498,951 €199,832 25.6% 2.2

These companies have the same main activity as KSH: public relations and communication consultancy (NACE 73300). They are comparable in size and age: total assets between €480,000 and €622,000, founded between 2020 and 2021.

Official details

Source: KBO
Status
Active since 09-07-2021Normal situation
Activity
Public relations and communication consultancyNACE 73300and 5 others
Establishment unit
2.319.998.5879140 Temse, since 09-07-2021
Financial year end
31 December
Peppol
Reachable since 27-03-2026
Company details

Annual accounts 2025

€540,051▲ 20.7%
Filing
Filed on 09-06-2026, 52 days before the end of the filing period
Financials

Insights on KSH

KSH files the micro format. That format states no turnover. The gross margin fell from €203,697 in 2022 to €185,838 in 2025.

The balance sheet grew most from 2023 to 2025 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KSH

What is the company number of KSH?
The company number of KSH is 0770.983.417. The VAT number is the same number with BE in front: BE 0770.983.417.
Where is KSH based?
The registered office is at Eigenlo 11, 9140 Temse.Company details
What does KSH do?
According to the KBO register, the main activity is public relations and communication consultancy (NACE 73300).
What is the legal form of KSH?
KSH is a private limited company (BV).
When was KSH founded?
KSH was founded on 09-07-2021.
Is KSH still active?
Yes, KSH is an active enterprise in the KBO register.
What is the turnover of KSH?
The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €185,838 and 38 comparable companies (NACE 73). It probably lies between €260,000 and €680,000.Financials
Is KSH profitable?
In financial year 2025, KSH made a profit of €125,736.
Where can I find the annual accounts of KSH?
KSH filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KSH due?
KSH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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