KST
ActiveThe computed 12-month bankruptcy probability of KST is 3.0% (moderate). The 2025 annual accounts show equity of €24 and a net result of €-6k. Equity is shrinking by ~270.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 10% of 27386 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency5▲+1
Growth32=
Stability94
Bankruptcy probability, 12 months
3.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 0.63 in 2024), and 100% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
0%
Return on assets
-2%
Age of the figures
17 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
232425
2023 to 2025 · latest year -€6k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27386 sector peers (2025).
NBB · sector comparisonPosition among 27386 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
on the day
2024
6 d early
2023
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close14-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€24▼ 99.6%
2024 · €6k
2023: €33k
2024: €6k
2023 → 2025
Total assets
€302k▼ 17.2%
2024 · €365k
2023: €396k
2024: €365k
2023 → 2025
Net result
€-6k▲ 77.4%
2024 · €-27k
2023: €23k
2024: €-27k
2023 → 2025
Working capital
€-60k▲ 28.1%
2024 · €-83k
2023: €-108k
2024: €-83k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€33k-€6k▼ 81.5%€24▼ 99.6%
Operating result€31k-€-14k€6k
Net result€23k-€-27k€-6k▲ 77.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €6k after a loss of €14k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €302k
Fixed assets
€154k▼ 31.3%
Current assets
€148k▲ 5.1%
Equity and liabilities €302k
Equity
€24▼ 99.6%
Debt
€302k▼ 15.8%
The debt ratio rises from 98.3% to 100.0%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€79k▲
2024 · €59k
Cash flow
€66k▲
2024 · €45k
Solvency
0.0%▼
2024 · 1.7%
Current ratio
0.71▲
2024 · 0.63
Quick ratio
0.41▲
2024 · 0.23
ROA
-2.0%▲
2024 · -7.4%
Interest coverage
6.44▲
2024 · 4.42
Debt
€302k▼
2024 · €359k
Debt ≤ 1 year
€208k▼
2024 · €224k
Debt > 1 year
€93k▼
2024 · €134k
Income taxes
€272▼
2024 · €364
Staff costs
€165▼
2024 · €23k
Equity ratios withheld: equity of €24 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€365k€302k▼
Fixed assets21/28€224k€154k▼
Intangible fixed assets21€20k€11k▼
Tangible fixed assets22/27€204k€142k▼
Land and buildings22€14k€12k▼
Plant, machinery and equipment23€61k€35k▼
Furniture and vehicles24€69k€52k▼
Leasing and similar rights25€60k€43k▼
Current assets29/58€141k€148k▲
Stocks and contracts in progress3€89k€62k▼
Stocks30/36€33k€21k▼
Contracts in progress37€57k€41k▼
Amounts receivable within one year40/41€28k€47k▲
Trade receivables40€22k€41k▲
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€21k€39k▲
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€365k€302k▼
Equity10/15€6k€24▼
Contributions10/11€10k€10k=
Reserves13€23k€23k=
Distributable reserves133€23k€23k=
Profit (loss) carried forward14€-27k€-33k▼
Amounts payable17/49€359k€302k▼
Amounts payable after more than one year17€134k€93k▼
Financial debts170/4€134k€93k▼
Amounts payable within one year42/48€224k€208k▼
Current portion of amounts payable after more than one year42€44k€41k▼
Financial debts43€125k€125k=
Credit institutions430/8€125k€125k=
Trade debts44€25k€11k▼
Suppliers440/4€25k€11k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€364€272▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€27k€28k▲
Accrued charges and deferred income492/3€890€835▼
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€23k€165▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€72k€73k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€84k€82k▼
Operating profit (loss)9901€-14k€6k▲
Financial income75/76B€311€150▼
Recurring financial income75€311€150▼
Non-recurring financial income76B€0-
Financial charges65/66B€13k€12k▼
Recurring financial charges65€13k€12k▼
Profit (loss) for the period before taxes9903€-26k€-6k▲
Income taxes67/77€364€272▼
Profit (loss) for the period9904€-27k€-6k▲
Profit (loss) for the period to be appropriated9905€-27k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€-33k▼
Profit (loss) brought forward from the previous period14P-€-27k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
25-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-27k ▼217%
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Kortrijk · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Iepersestraat(Kor) 1618500 KortrijkGround area
936 m²
Building footprint
117 m²
Volume, LiDAR
648 m³
Parcel 34352C0456/00N002, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KST
since 20212.317.107.987
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34352C0456/00N002 | Flanders | 936 m² | 1 · 117 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 19,948 companies in sector 43320 we hold annual accounts for 9,084. 23 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-05-2021
Fiscal year end31-03
Activities, NACEBEL
43320Joinery installation
31002Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
31009Manufacture of furniture
31092Manufacture of furniture
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.kst-interieur.com
E-mail:info@kst-interieur.com