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KU-EUROPE

Active Risk: not assessed Limited partnershipfounded 2015active for 11 yearsKwadamstraat 58, 9910 AalterKBO/BCE: BE 0633.913.410

Lifetime

3 annual accounts with figures on one time axis
peak €124,377 (2019)
€124,377▲ 247%
peak €522,257 (2019)
€522,257▲ 216%
peak €2.1m (2019)
€2.1m▲ 33.2%
€332,097▼ 60.6%
peak 1.5 FTE (2019)
1.5 FTE 
Board1 name since 2020
- 
Documentsfilings and deeds
17-04-202013 days before the deadline
2019micro format
Gross margin from €35,807 to €124,377Result from €165,142 to €522,257Company renamed to MULTITASK INDUSTRIES EUROPE 19-02Equity from €1.6m to €2.1mDebts from €842,079 to €332,097Investments €19,854

Key points

from the 2019 annual accounts

Equity

€2.1m ▲ 33.2%

KU-EUROPE has made a profit in every financial year since 2017.

Turnover

≈ €190,000 estimated

The micro format states no turnover.

Filings

3 annual accounts since 2017
deadline201720182019

The last three annual accounts were filed 13 to 57 days before the end of the period.

Financial institution: outside the modelBankruptcy probability: sector outside the model

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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Signals

1 signal, which does not raise the risk
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2019 was due by 30-04-2020 and was filed on 17-04-2020, 13 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2019
13 days early
2018
51 days early
2017
57 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 3 accounts on average 40 days before the deadline. In the sector (NACE 64), the median for financial year 2019 was 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

last known board
KD
Manager, last mentioned in 2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0633913410
Company renamed from MULTITASK INDUSTRIES EUROPE to KU-EUROPE “new voorwerp A-Y met algemene bepalingen” (deed in Dutch) · General meeting of 20-02-2024 · Gazette deed
Environmental permit granted Nieuwbouw van bijgebouwen en niet overdekte lage constructie, Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden · Zelzate
Registered office moved from Ghent to Aalter New registered office: Kwadamstraat 58, 9910 Aalter (Knesselare) · Previous registered office: Karnemelkstraat 12, 9060 Gent (Zelzate) · Change of role: Kurt DE ZUTTER, from statutory manager to manager · General meeting of 07-07-2020 · Gazette deed
All 14 events

Comparable companies

same main activity, similar in size and age
Company
KU-EUROPE Aalter €2.4m €124,377 86.3% 1.5
SCYLLA Ostend €2.7m €147,974 4.5% 1.4
SANEGA Neufchâteau €3.3m €140,538 70.4% 1.5
SFH Evergem €3.6m €132,889 79.3% 1
Megimar Beveren-Kruibeke-Zwijndrecht €1.6m €95,021 48.9% 1.8
Gruppo Compatto Dendermonde €2.7m €128,829 59.3% 1
SIMCO INVEST Manage €2.2m €163,664 51.7% 1.3

These companies have the same main activity as KU-EUROPE: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €1.6m and €3.6m, founded between 2011 and 2016.

Official details

Source: KBO
Status
Active since 16-07-2015Normal situation
Activity
Activities of holding companiesNACE 64210and 8 others
Establishment unit
2.243.863.5849910 Aalter, since 16-07-2015
Financial year end
30 September
Peppol
Reachable since 24-06-2026
Company details

Annual accounts to 30-09-2019

€2.4m
Filing
Filed on 17-04-2020, 13 days before the end of the filing period
Financials

Insights on KU-EUROPE

KU-EUROPE files the micro format. That format states no turnover. The gross margin rose from -€5,749 in 2017 to €124,377 in 2019.

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 KU-EUROPE

What is the company number of KU-EUROPE?
The company number of KU-EUROPE is 0633.913.410. The VAT number is the same number with BE in front: BE 0633.913.410.
Where is KU-EUROPE based?
The registered office is at Kwadamstraat 58, 9910 Aalter.Company details
What does KU-EUROPE do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of KU-EUROPE?
KU-EUROPE is a limited partnership (CommV).
When was KU-EUROPE founded?
KU-EUROPE was founded on 16-07-2015.
Is KU-EUROPE still active?
Yes, KU-EUROPE is an active enterprise in the KBO register.
How many employees does KU-EUROPE have?
KU-EUROPE had an average of 1.5 full-time equivalents in financial year 2019, according to the filed annual accounts.Financials
What is the turnover of KU-EUROPE?
The turnover in financial year 2019 is ≈ €190,000. This figure is estimated from the gross margin of €124,377 and 32 comparable companies (NACE 64210). It probably lies between €160,000 and €240,000.
Is KU-EUROPE profitable?
In financial year 2019, KU-EUROPE made a profit of €522,257.
Where can I find the annual accounts of KU-EUROPE?
KU-EUROPE filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2019.

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