Debts
€490,630 76% of the balance sheet
Financial debts 34%Suppliers 10%Taxes and wages 2%Other 54%
Of this, €461,824 falls due within a year.
KTN
Lifetime
12 annual accounts with figures on one time axispeak €162,816 (2017)
€127,655▲ 3.7%
lowest -€15,821 (2019)
-€4,994▼ €12,262
peak €159,726 (2024)
€154,731▼ 3.1%
€490,630▲ 20.6%
peak 1 FTE (2018)
-not published
Board1 name since 2013
-
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Loss of €4,994Debts from €406,913 to €490,630
Key points
from the 2025 annual accountsInvestments
€113,331 1.7 × depreciation
Green is investment, beige is depreciation. Machinery stands 142.6% higher than in 2024.
Filings
12 annual accounts since 2014
Ten of the last ten came late. The 2019 accounts came latest: 69 days after the end of the period.
Checked score
85
Excellent
Financially stronger than 27% of micro companies in crop and animal production (NACE 01)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 5,696 companies (NACE 01, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.2%● unchanged vs 12-2024
02-2025: 0.2%● unchanged vs 01-2025
03-2025: 0.2%● unchanged vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025lowest value
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025
09-2025: 0.6%▲ +0.1 percentage points vs 08-2025
10-2025: 0.3%▼ -0.3 percentage points vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.6%▲ +0.3 percentage points vs 07-2026highest value
09-2026: 0.2%▼ -0.4 percentage points vs 08-2026
10-2026: 0.2%● unchanged vs 09-2026
11-2026: 0.2%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
Liquidity: current ratio 0.28, cash €9,642
lowers risk
Size: total assets €645,361
Sector: Crop and animal production, hunting and related service activities (NACE 01)
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 01, micro). It does better than 38% of them on solvency, 12% on liquidity, 28% on profitability and 29% on growth.
The bankruptcy probability was computed on 07-11-2026 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, 2,166 companies had the same profile as KTN has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
3.0%
stopped another way
2.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of KTN itself is lower: 0.2% within 12 months. It rests on far more data about KTN than the profile alone.
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.
| 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 2,166 companies, not a prediction for KTN. 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 €13,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.28 (0.22 in 2024), below 1. Short-term debt is 71.6% and cash 1.5% of total assets. 76% 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
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 days late
2024
29 days late
2023
30 days late
2022
31 days late
2021
31 days late
2020
31 days late
2019
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 36 days after the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% 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 31 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0526846986
Change of role: Kris Casier, from manager to director
Director discharge: Kris Casier · General meeting of 31-03-2022 · Gazette deed
Incorporation
published on 26-04-2013 · Gazette deed
First establishment
Kloostermolenstraat 2, Houthulst
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KTN Houthulst | €645,361 | €127,655 | 24.0% | - |
| SPROEITECH Beernem | €588,600 | €116,164 | 46.5% | - |
| DE GROENE HAND Berlaar | €581,208 | €121,676 | 55.8% | - |
| F.C.A. Mettet | €564,092 | €138,701 | 41.7% | - |
| DU WARQUA Enghien | €627,179 | €108,434 | 55.9% | - |
| MJLD Orp-Jauche | €607,038 | €107,521 | 96.8% | - |
| THIBAGRI Fexhe-le-Haut-Clocher | €743,112 | €145,635 | 3.8% | - |
These companies have the same main activity as KTN: support activities for crop production (NACE 01610). They are comparable in size and age: total assets between €564,000 and €743,000, founded between 2012 and 2014.
Official details
Source: KBO- Status
- Active since 17-04-2013Normal situation
- Activity
- Support activities for crop productionNACE 01610and 1 other
- Joint committee
- 144Agriculture · annual accounts 2025
- Establishment unit
- 2.218.680.3078650 Houthulst, since 11-04-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 16-10-2025
Annual accounts 2025
- ≈ €350,000estimated
- €645,361▲ 13.9%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 31-08-2026
Insights on KTN
KTN files the micro format. That format states no turnover. The gross margin fell from €140,300 in 2014 to €127,655 in 2025.
The balance sheet grew most in 2016 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 KTN
- What is the company number of KTN?
- The company number of KTN is 0526.846.986. The VAT number is the same number with BE in front: BE 0526.846.986.
- Where is KTN based?
- The registered office is at Kloostermolenstraat 2, 8650 Houthulst.Company details
- What does KTN do?
- According to the KBO register, the main activity is support activities for crop production (NACE 01610).
- What is the legal form of KTN?
- KTN is a private limited company (BV).
- When was KTN founded?
- KTN was founded on 17-04-2013.
- Is KTN still active?
- Yes, KTN is an active enterprise in the KBO register.
- How many employees does KTN have?
- KTN had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KTN fall under?
- In its 2025 annual accounts, KTN states joint committee 144 (Agriculture).
- What is the turnover of KTN?
- The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €127,655 and 45 comparable companies (NACE 01). It probably lies between €230,000 and €520,000.
- Is KTN profitable?
- In financial year 2025, KTN made a loss of €4,994.
- Where can I find the annual accounts of KTN?
- KTN filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KTN due?
- KTN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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