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Ktoitures

Active
Private limited companyfounded 20232 yrs activeChaussée de Liège 88/90, 4710 Lontzen, BelgiumKBO/BCE: BE 1003.850.426
Summary

The computed 12-month bankruptcy probability of Ktoitures is 4.4% (elevated). The 2024 annual accounts show negative equity (-€45,208) and a net result of -€65,208. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability17
Solvency16
Growth-
Track record67
Bankruptcy probability, 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.34; short-term debt: 16.6% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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 2024
Solvency, return and age of the figures
Solvency
-9%
Return on assets
-13%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 19-06-2026, 42 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
42 d early
2024
98 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 70 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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.
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Ktoitures was incorporated on 22 December 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet

Equity
-€45,208
Total assets
€502,699
Net result
-€65,208
Working capital
-€54,898

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €502,340
Fixed assets €474,002
Current assets €28,338
Equity and liabilities
Equity-€45,208
Debt€547,908
Equity is negative: debt (€547,908) exceeds the balance-sheet total (€502,699).
Key figures and ratios
2024 value
EBITDA
€31,292
Cash flow
€13,135
Solvency
-9.0%
Current ratio
0.34
Quick ratio
0.31
ROA
-13.0%
Interest coverage
1.74
Debt
€547,908
Debt ≤ 1 year
€83,237
Debt > 1 year
€461,121
Income taxes
€237
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 490 companies that looked in July 2024 the way this one looks now, 6.7% went bankrupt within 24 months and 89% are still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
6.7% went bankrupt
3.9% stopped otherwise
89% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 4.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 490 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
Filed annual accounts As filed with the NBB · 2024 · 47 lines
Balance sheet Code2024
Assets
Total assets20/58€502,699
Formation expenses20€360
Fixed assets21/28€474,002
Intangible fixed assets21€14,000
Tangible fixed assets22/27€460,002
Land and buildings22€440,369
Plant, machinery and equipment23€4,500
Furniture and vehicles24€9,044
Leasing and similar rights25€6,089
Current assets29/58€28,338
Stocks and contracts in progress3€2,225
Stocks30/36€2,225
Amounts receivable within one year40/41€23,272
Trade receivables40€17,497
Other amounts receivable41€5,775
Deferred charges and accrued income490/1€2,842
Equity and liabilities
Total equity and liabilities10/49€502,699
Equity10/15-€45,208
Contributions10/11€20,000
Profit (loss) carried forward14-€65,208
Amounts payable17/49€547,908
Amounts payable after more than one year17€461,121
Financial debts170/4€461,121
Amounts payable within one year42/48€83,237
Current portion of amounts payable after more than one year42€24,283
Financial debts43€18,666
Credit institutions430/8€18,666
Trade debts44€17,150
Suppliers440/4€17,150
Advances received on contracts in progress46€10,000
Taxes, remuneration and social security45€6,342
Taxes450/3€6,342
Other amounts payable47/48€6,796
Accrued charges and deferred income492/3€3,550
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78,343
Other operating charges640/8€8,421
Gross operating margin9900€39,714
Operating profit (loss)9901-€47,051
Financial income75/76B€57
Recurring financial income75€57
Financial charges65/66B€17,977
Recurring financial charges65€17,977
Profit (loss) for the period before taxes9903-€64,971
Income taxes67/77€237
Profit (loss) for the period9904-€65,208
Profit (loss) for the period to be appropriated9905-€65,208
Appropriation of the result
Profit (loss) to be appropriated9906-€65,208

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€78,343
Other operating charges640/8€8,421
Gross operating margin9900€39,714
Operating profit (loss)9901-€47,051
Financial income75/76B€57
Recurring financial income75€57
Financial charges65/66B€17,977
Recurring financial charges65€17,977
Profit (loss) for the period before taxes9903-€64,971
Income taxes67/77€237
Profit (loss) for the period9904-€65,208
Profit (loss) for the period to be appropriated9905-€65,208
Line2024
Assets
Total assets20/58€502,699
Formation expenses20€360
Fixed assets21/28€474,002
Intangible fixed assets21€14,000
Tangible fixed assets22/27€460,002
Land and buildings22€440,369
Plant, machinery and equipment23€4,500
Furniture and vehicles24€9,044
Leasing and similar rights25€6,089
Current assets29/58€28,338
Stocks and contracts in progress3€2,225
Stocks30/36€2,225
Amounts receivable within one year40/41€23,272
Trade receivables40€17,497
Other amounts receivable41€5,775
Deferred charges and accrued income490/1€2,842
Equity and liabilities
Total equity and liabilities10/49€502,699
Equity10/15-€45,208
Contributions10/11€20,000
Profit (loss) carried forward14-€65,208
Amounts payable17/49€547,908
Amounts payable after more than one year17€461,121
Financial debts170/4€461,121
Amounts payable within one year42/48€83,237
Current portion of amounts payable after more than one year42€24,283
Financial debts43€18,666
Credit institutions430/8€18,666
Trade debts44€17,150
Suppliers440/4€17,150
Advances received on contracts in progress46€10,000
Taxes, remuneration and social security45€6,342
Taxes450/3€6,342
Other amounts payable47/48€6,796
Accrued charges and deferred income492/3€3,550
Line2024
Profit (loss) for the period9904-€65,208
+ Depreciation and write-downs630€78,343
Operating cash flow (approximation)€13,135

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
24-04
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Lontzen · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
4,731 m²
Building footprint
256 m²
Volume, LiDAR
1,193 m³
Parcel 63048F0022/00B002, Wallonia · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ktoitures
Chaussée de Liège 88/90, 4710 LontzenSpecialised construction activities
since 20232.356.623.809
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63048F0022/00B002 Wallonia 4,731 m² 1 · 256 m² 6.0 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 8,568 companies in this sector we hold annual accounts for 4,372. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded22-12-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1003850426
Registered 29-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.