Equity
€20,887 ▲ 49.4%
KTOB paid out €833 in dividends. That is 11% of the 2025 profit.
KTOB
Lifetime
2 annual accounts with figures on one time axispeak €18,504 (2024)
€12,958▼ 30.0%
peak €12,812 (2024)
€7,741▼ 39.6%
peak €20,887 (2025)
€20,887▲ 49.4%
€14,526▼ 71.6%
Board1 name since 2024
1 directorKOVAC Laurent André
Documentsfilings and deeds
29-07-20262 days before the deadline
2025micro format
Gross margin from €18,504 to €12,958Result from €12,812 to €7,741Dividend €833Equity from €13,979 to €20,887Debts from €51,166 to €14,526Cash from €1,400 to €2,739
Key points
from the 2025 annual accountsChecked score
51
Fair
Financially stronger than 66% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,460 companies (NACE 41, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
09-2025: 3.5%
10-2025: 3.5%● unchanged vs 09-2025
11-2025: 3.5%● unchanged vs 10-2025
12-2025: 3.9%▲ +0.4 percentage points vs 11-2025
01-2026: 3.8%▼ -0.1 percentage points vs 12-2025
02-2026: 3.9%▲ +0.1 percentage points vs 01-2026
03-2026: 4.2%▲ +0.3 percentage points vs 02-2026
04-2026: 4.3%▲ +0.1 percentage points vs 03-2026
05-2026: 4.4%▲ +0.1 percentage points vs 04-2026
06-2026: 4.3%▼ -0.1 percentage points vs 05-2026
07-2026: 4.5%▲ +0.2 percentage points vs 06-2026highest value
08-2026: 2.9%▼ -1.6 percentage points vs 07-2026lowest value
09-2026: 3.7%▲ +0.8 percentage points vs 08-2026
10-2026: 3.7%● unchanged vs 09-2026
11-2026: 3.7%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
Size: total assets €35,413
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Figures for financial year 2025 (filed on 29-07-2026)
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 41, micro). It does better than 68% of them on solvency, 37% on liquidity, 80% on profitability and 79% on growth.
The bankruptcy probability was computed on 10-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 39,278 companies had the same profile as KTOB has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of KTOB itself is higher: 3.7% within 12 months. It rests on far more data about KTOB than the profile alone.
Test of the method
The method was tested on the 497,448 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 39,278 companies, not a prediction for KTOB. 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 €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.38 (1.25 in 2024), above the usual 1.5. Short-term debt is 41% and cash 7.7% of total assets. 41% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 29-07-2026, 2 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
2 days early
2024
24 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 13 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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.
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Woluwe-Saint-Lambert to Buvrinnes
New registered office: Bois d’Angre, 2/2, 7133 Buvrinnes · Previous registered office: Avenue Marcel Thiry 93 bte B35, 1200 Woluwe-Saint-Lambert · General meeting of 24-08-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1012381872
Incorporation
Founding capital of €2,000, 200 shares · Founder: KOVAC Laurent André · Appointment: KOVAC Laurent André (director) · published on 13-08-2024 · Gazette deed
First establishment
Bois d'Angre 2, Binche
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KTOB Binche | €35,413 | €12,958 | 59.0% | - |
| Mols construct Soignies | €34,276 | €14,080 | 29.6% | - |
| BCRENOV Charleroi | €43,844 | €13,542 | 28.5% | - |
| JoProject Courcelles | €35,181 | €15,520 | 79.9% | - |
| ROKMAR Grimbergen | €32,988 | €13,664 | 37.1% | - |
| Blini & Co Wemmel | €33,002 | €12,388 | 79.2% | - |
| IURCO CONSTRUCT Sint-Pieters-Leeuw | €31,660 | €13,560 | 32.6% | - |
These companies have the same main activity as KTOB: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €31,700 and €43,800, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 09-08-2024Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 5 others
- Establishment unit
- 2.366.366.8647133 Binche, since 09-08-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 27-12-2024
Annual accounts 2025
- €35,413▼ 45.6%
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on KTOB
The computed 12-month bankruptcy probability of KTOB is 3.7% (moderate). The 2025 annual accounts show equity of €20,887 and a net result of €7,741.
Its solvency ranks better than 67% of 9,471 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
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 KTOB
- What is the company number of KTOB?
- The company number of KTOB is 1012.381.872. The VAT number is the same number with BE in front: BE 1012.381.872.
- Where is KTOB based?
- The registered office is at Bois d'Angre 2/2, 7133 Binche.Company details
- What does KTOB do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of KTOB?
- KTOB is a private limited company (BV).
- When was KTOB founded?
- KTOB was founded on 09-08-2024.
- Is KTOB still active?
- Yes, KTOB is an active enterprise in the KBO register.
- What is the turnover of KTOB?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €12,958 and 263 comparable companies (NACE 41001). It probably lies between €81,000 and €280,000. It is a rough estimate.Financials
- Is KTOB profitable?
- In financial year 2025, KTOB made a profit of €7,741.
- Where can I find the annual accounts of KTOB?
- KTOB filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KTOB due?
- KTOB must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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