Kullsom
ActiveSummary
Kullsom has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8k and a net result of €6k. Equity is shrinking by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 34% of 1906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency62▲+28
Growth32=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.29 against 0.87 in 2024; short-term debt: 53.3% and cash: 37.2% of total assets), and 63% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
17 d early
2023
8 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€8k▲ 372%
2024 · €2k
2023: €9khighest in 3 years
2024: €2k▼ -82.4% vs 2023lowest in 3 years
2025: €8k▲ +372% vs 2024
2023 → 2025
Total assets
€21k▲ 20.8%
2024 · €17k
2023: €20k
2024: €17k▼ -15.5% vs 2023lowest in 3 years
2025: €21k▲ +20.8% vs 2024highest in 3 years
2023 → 2025
Net result
€6k
2024 · €-8k
2023: €8khighest in 3 years
2024: €-8k▼ -192% vs 2023lowest in 3 years
2025: €6k▲ +180% vs 2024
2023 → 2025
Working capital
€3k
2024 · €-2k
2023: €4khighest in 3 years
2024: €-2k▼ -142% vs 2023lowest in 3 years
2025: €3k▲ +285% vs 2024
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€9k-€2k▼ 82.4%€8k▲ 372%
2023: €9khighest in 3 years
2024: €2k▼ -82.4% vs 2023lowest in 3 years
2025: €8k▲ +372% vs 2024
Operating result€11k-€-7k€8k
2023: €11khighest in 3 years
2024: €-7k▼ -166% vs 2023lowest in 3 years
2025: €8k▲ +200% vs 2024
Net result€8k-€-8k€6k
2023: €8khighest in 3 years
2024: €-8k▼ -192% vs 2023lowest in 3 years
2025: €6k▲ +180% vs 2024
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 2025: €8k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21k
Fixed assets
€6k ▲ 26.2%
Current assets
€14k ▲ 18.5%
Equity and liabilities €21k
Equity
€8k ▲ 372%
Debt
€13k ▼ 15.9%
Debt's share of the balance-sheet total falls from 90.5% to 63.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€10k▲
2024 · €-6k
Cash flow
€9k▲
2024 · €-6k
Current ratio
1.29▲
2024 · 0.87
Debt to equity
1.71▼
2024 · 9.57
ROE
78.8%▲
2024 · -467.9%
ROA
29.1%▲
2024 · -44.3%
Interest coverage
28.31▲
2024 · -88.32
Debt ≤ 1 year
€11k▼
2024 · €14k
Income taxes
€1k▲
2024 · €0
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€17k€21k▲
Fixed assets21/28€5k€6k▲
Tangible fixed assets22/27€5k€6k▲
Furniture and vehicles24€5k€6k▲
Current assets29/58€12k€14k▲
Amounts receivable within one year40/41€6k€6k▲
Trade receivables40€6k€6k▲
Other amounts receivable41€487€178▼
Cash at bank and in hand54/58€6k€8k▲
Deferred charges and accrued income490/1-€238
Equity and liabilities
Total equity and liabilities10/49€17k€21k▲
Equity10/15€2k€8k▲
Contributions10/11€1k€1k=
Reserves13€8k€8k=
Distributable reserves133€8k€8k=
Profit (loss) carried forward14€-8k€-2k▲
Amounts payable17/49€15k€13k▼
Amounts payable within one year42/48€14k€11k▼
Financial debts43€459€0▼
Credit institutions430/8€459€0▼
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Taxes, remuneration and social security45€0€1k▲
Taxes450/3€0€1k▲
Other amounts payable47/48€7k€8k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€3k▲
Other operating charges640/8-€2k
Gross operating margin9900€-6k€12k▲
Operating profit (loss)9901€-7k€8k▲
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€69€355▲
Recurring financial charges65€69€355▲
Profit (loss) for the period before taxes9903€-8k€7k▲
Income taxes67/77€0€1k▲
Profit (loss) for the period9904€-8k€6k▲
Profit (loss) for the period to be appropriated9905€-8k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-8k€-2k▲
Profit (loss) brought forward from the previous period14P-€-8k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €569 | €1k | €3k | ▲ 79.1% |
| Other operating charges640/8 | - | - | €2k | - |
| Gross operating margin9900 | €12k | €-6k | €12k | ▲ 297% |
| Operating profit (loss)9901 | €11k | €-7k | €8k | ▲ 200% |
| Financial income75/76B | - | €0 | €1 | ▲ 1,175% |
| Recurring financial income75 | - | €0 | €1 | ▲ 1,175% |
| Financial charges65/66B | €7 | €69 | €355 | ▲ 417% |
| Recurring financial charges65 | €7 | €69 | €355 | ▲ 417% |
| Profit (loss) for the period before taxes9903 | €11k | €-8k | €7k | ▲ 195% |
| Income taxes67/77 | €3k | €0 | €1k | - |
| Profit (loss) for the period9904 | €8k | €-8k | €6k | ▲ 180% |
| Profit (loss) for the period to be appropriated9905 | €8k | €-8k | €6k | ▲ 180% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €20k | €17k | €21k | ▲ 20.8% |
| Fixed assets21/28 | €7k | €5k | €6k | ▲ 26.2% |
| Tangible fixed assets22/27 | €7k | €5k | €6k | ▲ 26.2% |
| Furniture and vehicles24 | €7k | €5k | €6k | ▲ 26.2% |
| Current assets29/58 | €14k | €12k | €14k | ▲ 18.5% |
| Amounts receivable within one year40/41 | €6k | €6k | €6k | ▲ 3.3% |
| Trade receivables40 | €6k | €6k | €6k | ▲ 9.2% |
| Other amounts receivable41 | €450 | €487 | €178 | ▼ 63.5% |
| Cash at bank and in hand54/58 | €7k | €6k | €8k | ▲ 30.1% |
| Deferred charges and accrued income490/1 | - | - | €238 | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €20k | €17k | €21k | ▲ 20.8% |
| Equity10/15 | €9k | €2k | €8k | ▲ 372% |
| Contributions10/11 | €1k | €1k | €1k | = |
| Reserves13 | €8k | €8k | €8k | = |
| Distributable reserves133 | €8k | €8k | €8k | = |
| Profit (loss) carried forward14 | - | €-8k | €-2k | ▲ 79.5% |
| Amounts payable17/49 | €11k | €15k | €13k | ▼ 15.9% |
| Amounts payable within one year42/48 | €10k | €14k | €11k | ▼ 19.8% |
| Financial debts43 | - | €459 | €0 | ▼ 100% |
| Credit institutions430/8 | - | €459 | €0 | ▼ 100% |
| Trade debts44 | €2k | €6k | €2k | ▼ 76.3% |
| Suppliers440/4 | €2k | €6k | €2k | ▼ 76.3% |
| Taxes, remuneration and social security45 | €3k | €0 | €1k | - |
| Taxes450/3 | €3k | €0 | €1k | - |
| Other amounts payable47/48 | €4k | €7k | €8k | ▲ 23.1% |
| Accrued charges and deferred income492/3 | €2k | €2k | €2k | ▲ 14.3% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €-8k | €6k | ▲ 180% |
| + Depreciation and write-downs630 | €569 | €1k | €3k | ▲ 79.1% |
| Operating cash flow (approximation) | €9k | €-6k | €9k | ▲ 239% |
| Investment in fixed assets (approximation) | - | €0 | €-4k | - |
| Change in cash | - | €-1k | €2k | ▲ 233% |
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
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Nieuwpoort · 1 establishment unit since 2023
Ground area
754 m²
Building footprint
121 m²
Volume, LiDAR
759 m³
Parcel 38402D0447/00C000, Flanders · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kullsom
since 20232.346.209.769
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38402D0447/00C000 | Flanders | 754 m² | 1 · 121 m² | 9.8 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.
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Of 3,149 companies in sector 63920 we hold annual accounts for 1,524. 678 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
Founded16-06-2023
Fiscal year end31-12
Activities, NACEBEL 2025
63920Other information service activities
59120Post-production of films, video and television programmes
70200Business and other management consultancy
74112Other professional, scientific and technical activities
74201Photography, excluding press photography
90391Promotion and organisation of arts and performing arts events
Scores and ratios are computed by Checked and are not a credit decision.