KTL SERVICES
ActiveSummary
KTL SERVICES has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,678 and a net result of €17,395. Equity is growing by ~14.9% per year across the filed fiscal years. Its solvency ranks better than 93% of 7598 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 7.89; short-term debt: 12.6% and cash: 59.7% of total assets), and 12.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
87.4%
Return on assets
43.8%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
22 d early
2023
28 d early
2022
97 d early
2021
67 d early
2020
2 d early
2019
35 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 29 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 4 July (4 of the last 5 filed years within 40 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€34,678▲ 101%
2024 · €17,282
Total assets
€39,678▲ 130%
2024 · €17,282
Net result
€17,395
2024 · -€6,523
Working capital
€34,464▲ 46.1%
2023 · €23,591
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€7,922▼ 60.1%-€6,479-€289▲ 95.5%-€6,327▼ 2,089%€22,631
Net result€7,046within the sector's middle half▼ 64.4%-€7,018below the sector's middle half-€2,003below the sector's middle half▲ 71.5%-€6,523below the sector's middle half▼ 226%€17,395within the sector's middle half
Equity€32,827within the sector's middle half▲ 27.3%€25,809within the sector's middle half▼ 21.4%€23,805within the sector's middle half▼ 7.8%€17,282within the sector's middle half▼ 27.4%€34,678within the sector's middle half▲ 101%
Total assets€36,002below the sector's middle half▲ 26.2%€26,431below the sector's middle half▼ 26.6%€24,598below the sector's middle half▼ 6.9%€17,282below the sector's middle half▼ 29.7%€39,678below the sector's middle half▲ 130%
Debt€3,175▲ 15.2%€622▼ 80.4%€793▲ 27.5%€5,000
Working capital€32,673within the sector's middle half▲ 27.5%€25,595within the sector's middle half▼ 21.7%€23,591within the sector's middle half▼ 7.8%€34,464within the sector's middle half
Solvency91.2%above the sector's middle half▲ 0.8pp97.6%above the sector's middle half▲ 6.5pp96.8%above the sector's middle half▼ 0.9pp100.0%above the sector's middle half▲ 3.2pp87.4%above the sector's middle half▼ 12.6pp
Current ratio11.29above the sector's middle half▲ 0.9942.15above the sector's middle half▲ 30.8630.75above the sector's middle half▼ 11.407.89above the sector's middle half
Return on assets (ROA)19.6%above the sector's middle half▼ 49.8pp-26.6%below the sector's middle half▼ 46.1pp-8.1%below the sector's middle half▲ 18.4pp-37.7%below the sector's middle half▼ 29.6pp43.8%above the sector's middle half▲ 81.6pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
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: €22,631 after a loss of €6,327 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39,678
Fixed assets
€214 =
Current assets
€39,464 ▲ 131%
Equity and liabilities €39,678
Equity
€34,678
Debt
€5,000
Debt finances 12.6% of the balance-sheet total.
Key figures and ratios
Debt to equity
0.14
ROE
50.2%▲
2024 · -37.7%
Debt ≤ 1 year
€5,000
Income taxes
€5,000
Staff costs
€33,753▼
2024 · €41,255
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €48,008 | €41,255 | €33,753 | ▼ 18.2% |
| Other operating charges640/8 | €3,486 | €3,281 | €7,317 | €8,230 | €0 | ▼ 100% |
| Gross operating margin9900 | €11,408 | -€3,198 | €55,036 | €43,158 | €56,384 | ▲ 30.6% |
| Operating profit (loss)9901 | €7,922 | -€6,479 | -€289 | -€6,327 | €22,631 | ▲ 458% |
| Financial income75/76B | - | - | €136 | - | - | - |
| Recurring financial income75 | - | - | €136 | - | - | - |
| Non-recurring financial income76B | - | - | €136 | - | - | - |
| Financial charges65/66B | €876 | €228 | €140 | €196 | €236 | ▲ 20.4% |
| Recurring financial charges65 | €876 | €228 | €140 | €196 | €236 | ▲ 20.4% |
| Non-recurring financial charges66B | €876 | €228 | €140 | €196 | €236 | ▲ 20.4% |
| Profit (loss) for the period before taxes9903 | €7,046 | -€6,707 | -€293 | -€6,523 | €22,395 | ▲ 443% |
| Income taxes67/77 | - | €311 | €1,710 | - | €5,000 | - |
| Profit (loss) for the period9904 | €7,046 | -€7,018 | -€2,003 | -€6,523 | €17,395 | ▲ 367% |
| Profit (loss) for the period to be appropriated9905 | €7,046 | -€7,018 | -€2,003 | -€6,523 | €17,395 | ▲ 367% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36,002 | €26,431 | €24,598 | €17,282 | €39,678 | ▲ 130% |
| Fixed assets21/28 | €154 | €214 | €214 | €214 | €214 | = |
| Tangible fixed assets22/27 | - | - | €0 | €0 | €0 | - |
| Financial fixed assets28 | €154 | €214 | €214 | €214 | €214 | = |
| Current assets29/58 | €35,848 | €26,217 | €24,384 | €17,068 | €39,464 | ▲ 131% |
| Amounts receivable within one year40/41 | €35,506 | €21,154 | €15,086 | €9,515 | €15,777 | ▲ 65.8% |
| Trade receivables40 | €32,571 | €18,677 | €13,034 | €5,751 | €12,858 | ▲ 124% |
| Other amounts receivable41 | €2,935 | €2,477 | €2,052 | €3,764 | €2,919 | ▼ 22.4% |
| Cash at bank and in hand54/58 | €342 | €5,063 | €9,298 | €7,553 | €23,687 | ▲ 214% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36,002 | €26,431 | €24,598 | €17,282 | €39,678 | ▲ 130% |
| Equity10/15 | €32,827 | €25,809 | €23,805 | €17,282 | €34,678 | ▲ 101% |
| Contributions10/11 | €6,200 | €6,200 | €7,372 | €7,373 | €7,373 | = |
| Capital10 | €6,200 | €6,200 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | €12,400 | €12,400 | - | - | - | - |
| Reserves13 | €1,173 | €1,173 | - | - | - | - |
| Non-distributable reserves130/1 | €1,173 | €1,173 | - | - | - | - |
| Legal reserve130 | €1,173 | €1,173 | - | - | - | - |
| Profit (loss) carried forward14 | €25,454 | €18,436 | €16,433 | €9,909 | €27,305 | ▲ 176% |
| Amounts payable17/49 | €3,175 | €622 | €793 | - | €5,000 | - |
| Amounts payable within one year42/48 | €3,175 | €622 | €793 | - | €5,000 | - |
| Trade debts44 | €3,175 | €622 | - | - | - | - |
| Suppliers440/4 | €3,175 | €622 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | €793 | - | €5,000 | - |
| Taxes450/3 | - | - | €793 | - | €5,000 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,046 | -€7,018 | -€2,003 | -€6,523 | €17,395 | ▲ 367% |
| Operating cash flow (approximation) | €7,046 | -€7,018 | -€2,003 | -€6,523 | €17,395 | ▲ 367% |
| Investment in fixed assets (approximation) | - | -€60 | €0 | €0 | €0 | - |
| Change in cash | - | €4,721 | €4,235 | -€1,745 | €16,134 | ▲ 1,025% |
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
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €17,395
Net result €17,395 after 3 loss-making years.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity quadruplescurrent ratio 42.15
Current ratio from 11.29 to 42.15; short-term debt falls from €3,175 to €622.
25-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €19,800 ▲332%
Net result €19,800, the highest in the series.
31-12
Financial
Liquidity times 6current ratio 10.30
Current ratio from 1.59 to 10.30; short-term debt falls from €5,732 to €2,755.
04-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
31-12
Financial
Back to profitnet €4,580
Net result €4,580 after one loss-making year.
Show earlier events
31-12
Financial
Liquidity quadruplescurrent ratio 1.59
Current ratio from 0.43 to 1.59; short-term debt falls from €6,394 to €5,732.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
16-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 77 days late
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Sint-Pieters-Woluwe · 1 establishment unit since 2011
Ground area
250 m²
Building footprint
159 m²
Volume, LiDAR
1,852 m³
2 parcels, Brussels · tallest building 17.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
KTL SERVICES
since 20112.207.246.678
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21684B0054/00L002 | Brussels | 151 m² | 1 · 60 m² | 17.4 m · 5 fl. |
| 21007A0062/00Y011 | Brussels | 99 m² | 1 · 99 m² | 15.7 m · 4 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.
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Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 12,666 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
Founded04-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0839897264
Also
9925:BE0839897264
Registered
26-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.