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KST

Active
Private limited companyfounded 2021active for 5 yearsIepersestraat(Kor) 161, 8500 Kortrijk, BelgiumKBO/BCE: BE 0768.305.821
Summary

The computed 12-month bankruptcy probability of KST is 1.6% (moderate). The 2026 annual accounts show negative equity (-€75,682) and a net result of -€75,706. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 913 sector peers (NACE 43, financial year 2026). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 11-05-2021 Normal situation
Activity
Joinery installation NACE 43320and 3 others
Establishment unit
2.317.107.987 8500 Kortrijk, since 11-05-2021
Financial year end
31 March
Peppol
Reachable since 16-12-2025

Board and ownership

Board
  • Schietgat KurtDirector

Financial position

53 Fair Checked score 2026
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts to 31-03-2026
Gross margin
€10,237
▼ 87.5%
Turnover
≈ €110,000
estimated
Loss
€75,706
▲ 13×
Equity
-€75,682
Total assets
€207,605
▼ 31.3%
Staff
≈ 0 FTE
estimated
  • Negative equity on 31-03-2026
Score breakdownraises riskNegative equity -€75,682Loss of €75,706, the second in a row (financial year 2026)lowers riskSize: total assets €207,605Liquidity: current ratio 0.52, cash €54,748Show the evidence

Checked score

Score 2026
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 9% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2025
Weak
Solvency 0-25
equity -36.5% of total assets
Liquidity 33+4
short-term debt 111.5% · cash 26.4%
Profitability 6-60
return on assets -36.5%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 1.7% 01-2025: 1.5%▼ -0.2 percentage points vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.4%▼ -0.1 percentage points vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.5%▲ +0.1 percentage points vs 07-2025 09-2025: 1.5%● unchanged vs 08-2025 10-2025: 1.7%▲ +0.2 percentage points vs 09-2025 11-2025: 2.2%▲ +0.5 percentage points vs 10-2025highest value 12-2025: 1.1%▼ -1.1 percentage points vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.0%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: 1.0%● unchanged vs 04-2026lowest value 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.1%▲ +0.1 percentage points vs 06-2026 08-2026: 1.1%● unchanged vs 07-2026 09-2026: 1.1%● unchanged vs 08-2026 10-2026: 1.6%▲ +0.5 percentage points vs 09-2026 11-2026: 1.6%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.52 (0.71 in 2025), below 1. Short-term debt is 111.5% and cash 26.4% 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 43, micro). It does better than 3% of them on solvency, 21% on liquidity, 10% on profitability and 0% 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 riskneutral
raises risk · Negative equity -€75,682
NBB · annual accounts
lowers risk · Size: total assets €207,605
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.52, cash €54,748
NBB · annual accounts
raises risk · Loss of €75,706, the second in a row (financial year 2026)
NBB · annual accounts
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026
Equity per financial year
23242526
2023 to 2026 · latest year -€75,682
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 19-10-2026, 12 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2026
12 days early
2025
on the day
2024
6 days early
2023
1 day 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 5 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 28 October (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
04-11-2026 today31-03-2027 year end31-10-2027 deadline
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 2026 -€75,682 View
  • Risk: 3 loss-making years in a rowloss in financial year 2026 -€75,706 View
  • Caution: Result fell in 2026from -€6,056 to -€75,706 ▼ 1,150% View
  • Caution: Lower solvency than 95% of companies in specialised constructionsector median 49.4% · 913 companies -36.5% View
  • Positive: Always filed on timeaccounts within the deadline every year 4 years View

Recent changes

  1. · Gazette deed Incorporation
All 6 events

Comparable companies

These companies have the same main activity as KST: joinery installation (NACE 43320). They are comparable in size and age: total assets between €143,000 and €245,000, founded between 2019 and 2022.

CompanyTotal assetsGross margin
KST Kortrijk€207,605€10,237
Nyver Lommel€205,099€11,948
Hout of the box Waasmunster€189,441€10,127
WoodBox Cabins Zele€234,237€12,597
JVH CONSTRUCT Sint-Lievens-Houtem€204,154€9,224
RS5 Oostende€245,238€10,474
RD Terryn Izegem€143,069€8,794
Full comparison

Key facts about KST

What is the company number of KST?
The company number of KST is 0768.305.821. The VAT number is the same number with BE in front: BE 0768.305.821.
Where is KST based?
The registered office is at Iepersestraat(Kor) 161, 8500 Kortrijk.Company details
What does KST do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of KST?
The legal form of KST is Private limited company (BV).
When was KST founded?
KST was founded on 11-05-2021.
Is KST still active?
Yes, KST is an active enterprise in the KBO register.
How many employees does KST have?
KST had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of KST?
The turnover in financial year 2026 is ≈ €110,000. This figure is estimated from the gross margin of €10,237 and 56 comparable companies (NACE 43320). It probably lies between €64,000 and €200,000. It is a rough estimate.
Is KST profitable?
In financial year 2026, KST made a loss of €75,706.
Where can I find the annual accounts of KST?
KST filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of KST due?
KST must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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