KTRAN
ActiveSummary
The computed 12-month bankruptcy probability of KTRAN is 7.0% (elevated). For KTRAN, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €5,957 and a net result of €7,112. Equity is growing by ~298.2% per year across the filed fiscal years. Its solvency ranks better than 22% of 7963 sector peers (fiscal year 2022). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability81▲+48
Solvency38▲+22
Growth85▲+13
Track record100
Bankruptcy probability, 12 months
7.0%
Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2022Solvency, return and age of the figures
Solvency
13.4%
Return on assets
16%
Age of the figures
45 mo
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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 05-10-2023, 66 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
66 d late
2021
87 d late
2020
128 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 94 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Turnover
€81,423▲ 50.3%
2021 · €54,182
EBIT margin
9.3%▲ 9.7pp
2021 · -0.3%
Net result
€7,112
2021 · -€223
Working capital
-€29,821▼ 2,482%
2021 · -€1,155
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
Line202020212022
Turnover€44,968-€54,182▲ 20.5%€81,423▲ 50.3%
Operating result-€5,895--€178▲ 97.0%€7,613
Net result-€5,932below the sector's middle half--€223within the sector's middle half▲ 96.2%€7,112within the sector's middle half
EBIT margin-13.1%--0.3%▲ 12.8pp9.3%▲ 9.7pp
Equity-€932below the sector's middle half--€1,155below the sector's middle half▼ 23.9%€5,957below the sector's middle half
Total assets€3,588below the sector's middle half-€13,124below the sector's middle half▲ 266%€44,546below the sector's middle half▲ 239%
Debt€4,520-€14,279▲ 216%€38,589▲ 170%
Working capital-€932below the sector's middle half--€1,155below the sector's middle half▼ 23.9%-€29,821below the sector's middle half▼ 2,482%
Solvency-8.8%below the sector's middle half13.4%below the sector's middle half▲ 22.2pp
Current ratio0.92below the sector's middle half0.23below the sector's middle half▼ 0.69
Return on assets (ROA)-1.7%below the sector's middle half16.0%within the sector's middle half▲ 17.7pp
Staff (FTE)0.6
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 2022: €7,613 after a loss of €178 in 2021, the highest result in the available series.
Balance-sheet composition
Assets €44,546
Fixed assets
€35,778
Current assets
€8,768
Equity and liabilities €44,546
Equity
€5,957
Debt
€38,589
Debt finances 86.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€9,335
Cash flow
€8,834
Debt to equity
6.48▲
2021 · -12.36
ROE
119.4%
Interest coverage
100.38
Debt ≤ 1 year
€38,589▲
2021 · €14,279
Income taxes
€408
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Turnover70 | €44,968 | €54,182 | €81,423 | ▲ 50.3% |
| Goods, raw materials, services and sundry goods60/61 | - | €37,413 | €68,600 | ▲ 83.4% |
| Remuneration, social security and pensions62 | - | €16,947 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,722 | - |
| Other operating charges640/8 | - | - | €3,488 | - |
| Gross operating margin9900 | €17,348 | €16,769 | €12,823 | ▼ 23.5% |
| Operating profit (loss)9901 | -€5,895 | -€178 | €7,613 | ▲ 4,377% |
| Financial charges65/66B | - | €45 | €93 | ▲ 107% |
| Recurring financial charges65 | €37 | €45 | €93 | ▲ 107% |
| Profit (loss) for the period before taxes9903 | -€5,932 | -€223 | €7,520 | ▲ 3,472% |
| Income taxes67/77 | - | - | €408 | - |
| Profit (loss) for the period9904 | -€5,932 | -€223 | €7,112 | ▲ 3,289% |
| Profit (loss) for the period to be appropriated9905 | -€5,932 | -€223 | €7,112 | ▲ 3,289% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €3,588 | €13,124 | €44,546 | ▲ 239% |
| Fixed assets21/28 | - | - | €35,778 | - |
| Tangible fixed assets22/27 | - | - | €35,778 | - |
| Land and buildings22 | - | - | €34,111 | - |
| Furniture and vehicles24 | - | - | €1,667 | - |
| Current assets29/58 | €3,588 | €13,124 | €8,768 | ▼ 33.2% |
| Amounts receivable within one year40/41 | €2,785 | €9,334 | €4,425 | ▼ 52.6% |
| Trade receivables40 | - | €5,350 | €4,015 | ▼ 25.0% |
| Other amounts receivable41 | - | €3,984 | €410 | ▼ 89.7% |
| Cash at bank and in hand54/58 | €715 | €3,790 | €4,343 | ▲ 14.6% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €3,588 | €13,124 | €44,546 | ▲ 239% |
| Equity10/15 | -€932 | -€1,155 | €5,957 | ▲ 616% |
| Contributions10/11 | - | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€5,932 | -€6,155 | €957 | ▲ 116% |
| Amounts payable17/49 | €4,520 | €14,279 | €38,589 | ▲ 170% |
| Amounts payable within one year42/48 | €4,520 | €14,279 | €38,589 | ▲ 170% |
| Trade debts44 | €1,638 | €2,723 | €459 | ▼ 83.1% |
| Suppliers440/4 | - | €2,723 | €459 | ▼ 83.1% |
| Advances received on contracts in progress46 | - | - | €12,444 | - |
| Taxes, remuneration and social security45 | - | €11,556 | €11,142 | ▼ 3.6% |
| Taxes450/3 | - | €2,609 | €3,017 | ▲ 15.6% |
| Remuneration and social security454/9 | - | €8,947 | €8,125 | ▼ 9.2% |
| Other amounts payable47/48 | - | - | €14,544 | - |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,932 | -€223 | €7,112 | ▲ 3,289% |
| + Depreciation and write-downs630 | - | - | €1,722 | - |
| Operating cash flow (approximation) | -€5,932 | -€223 | €8,834 | ▲ 4,061% |
| Change in cash | - | €3,075 | €553 | ▼ 82.0% |
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
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Back to profitnet €7,112
Net result €7,112 after 2 loss-making years.
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 87 days late
2021
06-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 128 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
2 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-Jans-Molenbeek · 1 establishment unit since 2021
Ground area
150 m²
Building footprint
150 m²
Volume, LiDAR
2,623 m³
Parcel 21012A0007/00L004, Brussels · tallest building 20.8 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
KTRAN
since 20212.331.077.373
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0007/00L004 | Brussels | 150 m² | 1 · 150 m² | 20.8 m · 7 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.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,052. 7,159 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
Founded28-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43990Other specialised construction activities
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID
0208:0729535515
Also
9925:BE0729535515
Registered
31-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.