KUMA BELGIUM INTERNATIONAL
ActiveSummary
KUMA BELGIUM INTERNATIONAL has been active since 2018 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2024 annual accounts show equity of €228k and a net result of €43k. Equity is growing by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 83% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▲+17
Solvency100=
Growth78=
Track record92
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 4.6 against 5.67 in 2023; short-term debt: 9.9% and cash: 12% of total assets), and 19.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-09-2025, 32 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
32 d late
2023
218 d late
2022
584 d late
2021
646 d late
2020
1011 d late
2019
1376 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
Financials · fiscal year 2024, micro schema
Equity
€228k▲ 23.1%
2023 · €185k
2018: €172k
2019: €147k
2020: €180k
2021: €216k
2022: €182k
2023: €185k
2018 → 2024
Total assets
€282k▲ 21.3%
2023 · €233k
2018: €252k
2019: €247k
2020: €299k
2021: €292k
2022: €251k
2023: €233k
2018 → 2024
Net result
€43k▲ 1,076%
2023 · €4k
2018: €2k
2019: €-25k
2020: €33k
2021: €36k
2022: €-35k
2023: €4k
2018 → 2024
Working capital
€101k▲ 66.8%
2023 · €61k
2018: €53k
2019: €27k
2020: €60k
2021: €95k
2022: €59k
2023: €61k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€180k-€216k▲ 19.9%€182k▼ 16.0%€185k▲ 2.0%€228k▲ 23.1%
Operating result€40k-€49k▲ 21.6%€-32k€8k€61k▲ 664%
Net result€33k-€36k▲ 7.5%€-35k€4k€43k▲ 1,076%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 664% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €282k
Fixed assets
€153k ▼ 3.8%
Current assets
€129k ▲ 75.5%
Equity and liabilities €282k
Equity
€228k ▲ 23.1%
Debt
€54k ▲ 14.1%
Debt's share of the balance-sheet total falls from 20.3% to 19.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€67k▲
2023 · €14k
Cash flow
€49k▲
2023 · €10k
Current ratio
4.60▼
2023 · 5.67
Debt to equity
0.24▼
2023 · 0.26
ROE
18.7%▲
2023 · 2.0%
ROA
15.2%▲
2023 · 1.6%
Interest coverage
33.10▲
2023 · 6.16
Debt ≤ 1 year
€28k▲
2023 · €13k
Debt > 1 year
€26k▼
2023 · €34k
Income taxes
€16k▲
2023 · €2k
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 · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€233k€282k▲
Fixed assets21/28€159k€153k▼
Tangible fixed assets22/27€159k€153k▼
Land and buildings22€159k€153k▼
Current assets29/58€74k€129k▲
Amounts receivable within one year40/41€57k€95k▲
Trade receivables40€34k-
Other amounts receivable41€23k€95k▲
Cash at bank and in hand54/58€16k€34k▲
Equity and liabilities
Total equity and liabilities10/49€233k€282k▲
Equity10/15€185k€228k▲
Contributions10/11€170k€170k=
Capital10€170k€170k=
Issued capital100€170k€170k=
Profit (loss) carried forward14€15k€58k▲
Amounts payable17/49€47k€54k▲
Amounts payable after more than one year17€34k€26k▼
Financial debts170/4€34k€26k▼
Amounts payable within one year42/48€13k€28k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€4k€2k▼
Suppliers440/4€4k€2k▼
Taxes, remuneration and social security45€1k€17k▲
Taxes450/3€1k€17k▲
Income statement
Code20232024
Non-recurring operating income76A-€2k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k=
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A€2k-
Gross operating margin9900€18k€71k▲
Operating profit (loss)9901€8k€61k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€6k€59k▲
Income taxes67/77€2k€16k▲
Profit (loss) for the period9904€4k€43k▲
Profit (loss) for the period to be appropriated9905€4k€43k▲
Appropriation of the result
Profit (loss) to be appropriated9906€15k€58k▲
Profit (loss) brought forward from the previous period14P€12k€15k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
21-03
KBO administration
Strikeout withdrawn
06-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 218 days late
06-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 584 days late
2024
31-12
Financial
Highest result since 2018net €43k ▲1076%
Operating result €61k, net result €43k, both a record.
31-12
Financial
Equity above €200kEq €228k ▲23.1%
2 profitable years in a row build equity to €228k.
07-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 646 days late
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1011 days late
07-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1376 days late
2023
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
2022
31-12
Financial
Weakest financial yearnet €-35k ▼196%
Net result drops to €-35k, the lowest in the series; recovery starts the following year.
2021
31-12
Financial
Liquidity doublescurrent ratio 4.78
Current ratio from 1.99 to 4.78; short-term debt falls from €61k to €25k.
Show earlier events
31-12
Financial
Equity above €200kEq €216k ▲19.9%
2 profitable years in a row build equity to €216k.
2020
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
31-12
Financial
Equity above €150kEq €180k ▲22.7%
Equity rises from €147k to €180k.
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Handelskaai 251000 BrusselGround area
445 m²
Building footprint
413 m²
Volume, LiDAR
9,241 m³
2 parcels, Brussels · tallest building 32.3 m, ±10 floors. Linked by address, not a title deed.
1 establishment unit
KUMA BELGIUM INTERNATIONAL
since 20182.298.762.814
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1396/00W000 | Brussels | 315 m² | 1 · 315 m² | 32.3 m · 10 fl. |
| 21003A0083/00L010 | Brussels | 130 m² | 1 · 98 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
FINKK
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MINETECH RESOURCES
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SOCIETE BRAINOISE D'INVESTISSEMENTS
BE 0432.379.082
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ZEDD
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 1,824 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded13-02-2018
Fiscal year end31-12
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:kuma.belgium.international@gmail.com
Phone:+32474418433