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KULAC

Active
Private limited companyfounded 20224 yrs activeMolenlei 55, 2170 Antwerpen, BelgiumKBO/BCE: BE 0785.676.838
Summary

The computed 12-month bankruptcy probability of KULAC is 4.4% (elevated). The 2025 annual accounts show negative equity (-€5,118). Equity is shrinking by ~10.2% per year across the filed fiscal years. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Axes · tick = 2024
Profitability-
Solvency0=
Growth58=
Track record94
Bankruptcy probability, 12 months
4.4% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2025
Solvency, return and age of the figures
Solvency
-96.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 10 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 · 4 filings
Deviation from the deadline
2025
10 d late
2024
91 d late
2023
456 d late
2022
822 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 345 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 30 April (3 of the last 4 filed years within 264 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 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

On 3 May 2022, KULAC was incorporated as a Private limited company.1 Total assets went from EUR 1,951 in 2022 to EUR 5,309 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€5,118=
2024 · -€5,118
Total assets
€5,309▼ 8.6%
2024 · €5,809
Net result
-€3,131▲ 55.2%
2022 · -€6,987
Working capital
-€5,118=
2024 · -€5,118
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2022202320242025
Operating result-€6,917--€2,932▲ 57.6%
Net result-€6,987--€3,131▲ 55.2%
Equity-€1,987--€5,118▼ 158%-€5,118=-€5,118=
Total assets€1,951-€5,809▲ 198%€5,809=€5,309▼ 8.6%
Debt€3,938-€10,927▲ 178%€10,927=€10,427▼ 4.6%
Working capital-€1,987--€5,118▼ 158%-€5,118=-€5,118=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€8,000-€6,000-€4,000-€2,000€0Operating result 2022: -€6,917-€6,917Net result 2022: -€6,987-€6,987Operating result 2023: -€2,932-€2,932Net result 2023: -€3,131-€3,1312022202320242025-€4,000-€3,000-€2,000-€1,000€0Operating result 2023: -€2,932-€2,930Net result 2023: -€3,131-€3,130202320242025
The operating result stays negative: a loss of €2,932 in 2023 against €6,917 in 2022; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Solvency
-96.4%▼
2024 · -88.1%
Current ratio
0.51▼
2024 · 0.53
Debt to equity
-2.04▲
2024 · -2.14
Debt ≤ 1 year
€10,427▼
2024 · €10,927
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 20 lines
Balance sheet Code20242025
Assets
Total assets20/58€5,809€5,309▼
Current assets29/58€5,809€5,309▼
Amounts receivable within one year40/41€3,891€3,391▼
Other amounts receivable41€3,891€3,391▼
Cash at bank and in hand54/58€1,918€1,918=
Equity and liabilities
Total equity and liabilities10/49€5,809€5,309▼
Equity10/15-€5,118-€5,118=
Contributions10/11€5,000€5,000=
Outside capital11€5,000€5,000=
Other1109/19€5,000€5,000=
Profit (loss) carried forward14-€10,118-€10,118=
Amounts payable17/49€10,927€10,427▼
Amounts payable within one year42/48€10,927€10,427▼
Trade debts44€6,975€6,975=
Suppliers440/4€6,975€6,975=
Taxes, remuneration and social security45€3,452€3,452=
Taxes450/3€3,452€3,452=
Other amounts payable47/48€500-
Income statement Code20242025
Appropriation of the result
Profit (loss) to be appropriated9906-€10,118-€10,118=
Profit (loss) brought forward from the previous period14P-€10,118-€10,118=
Line2022202320242025Change
Gross operating margin9900-€6,917-€2,932---
Operating profit (loss)9901-€6,917-€2,932---
Financial charges65/66B€70€199---
Recurring financial charges65€70€199---
Profit (loss) for the period before taxes9903-€6,987-€3,131---
Profit (loss) for the period9904-€6,987-€3,131---
Profit (loss) for the period to be appropriated9905-€6,987-€3,131---
Line2022202320242025Change
Assets
Total assets20/58€1,951€5,809€5,809€5,309▼ 8.6%
Current assets29/58€1,951€5,809€5,809€5,309▼ 8.6%
Amounts receivable within one year40/41-€3,891€3,891€3,391▼ 12.8%
Other amounts receivable41-€3,891€3,891€3,391▼ 12.8%
Cash at bank and in hand54/58€1,951€1,918€1,918€1,918=
Equity and liabilities
Total equity and liabilities10/49€1,951€5,809€5,809€5,309▼ 8.6%
Equity10/15-€1,987-€5,118-€5,118-€5,118=
Contributions10/11€5,000€5,000€5,000€5,000=
Outside capital11€5,000€5,000€5,000€5,000=
Other1109/19€5,000€5,000€5,000€5,000=
Profit (loss) carried forward14-€6,987-€10,118-€10,118-€10,118=
Amounts payable17/49€3,938€10,927€10,927€10,427▼ 4.6%
Amounts payable within one year42/48€3,938€10,927€10,927€10,427▼ 4.6%
Trade debts44€1,179€6,975€6,975€6,975=
Suppliers440/4€1,179€6,975€6,975€6,975=
Taxes, remuneration and social security45€2,258€3,452€3,452€3,452=
Taxes450/3€2,258€3,452€3,452€3,452=
Other amounts payable47/48€500€500€500--
Line2022202320242025Change
Profit (loss) for the period9904-€6,987-€3,131---
Operating cash flow (approximation)-€6,987-€3,131---
Change in cash--€33€0€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.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
10-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 10 days late
2025
30-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
30-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 456 days late
30-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 822 days late
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
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, Antwerpen · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
291 m²
Building footprint
256 m²
Volume, LiDAR
1,928 m³
Parcel 11423B0309/00V003, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KULAC
Molenlei 55, 2170 AntwerpenRetail sale of household textiles and bedding
since 20222.330.899.211
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11423B0309/00V003 Flanders 291 m² 1 · 256 m² 9.7 m · 3 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded03-05-2022
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

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