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KUMASS

Active
Private limited companyfounded 199926 yrs activeBissegemsestraat(Bis) 219, 8501 Kortrijk, BelgiumKBO/BCE: BE 0468.304.221
Summary

KUMASS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €1.0m and a net result of €20,108. Equity is growing by ~9.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

What they do
Manufacture of machinery and equipment not elsewhere classified
NACE 28299
1 site
How big
€1.1mtotal assets 2026
Equity
€1.0m
Profit
€20,108
Turnover not published (abridged schema)
Financially healthy?
95 Excellent Checked score 2026
Bankruptcy chance 12 m
< 0.1%
Who decides
Holdings
1
Accounts 130 d early0 of 4 deeds read
Why 95+ Liquidity: current ratio 21.89, cash €544,415+ Equity €1.0m (95.4% of total assets)+ Founded in 1999+ Size: total assets €1.1mShow the evidence

Checked score

Score 2026
95 / 100
Excellent
Probability in this band: under 0.55%
Better than 61% of its sector peers (NACE 28, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2025
Strong
Solvency 100=
equity 95.4% of total assets
Liquidity 100=
short-term debt 4.4% · cash 51.4%
Profitability 51+31
return on assets 1.9%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (968 companies)
  • Liquidity: current ratio 21.89, cash €544,415 lowers the probability
  • Equity €1.0m (95.4% of total assets) lowers the probability
  • Founded in 1999 lowers the probability for this profile
  • Size: total assets €1.1m lowers the probability for this profile
Credit up to €95,000 at 30 days acceptable
Liquidity ample (current ratio 21.89 against 24.61 in 2025; short-term debt: 4.4% and cash: 51.4% of total assets), and 4.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 28, micro). Better than this share of them on solvency 89%, liquidity 98%, profitability 30%, growth against the median 29%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Liquidity: current ratio 21.89, cash €544,415
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €1.0m (95.4% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 1999
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Size: total assets €1.1m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 23-06-2026, 130 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
130 d early
2025
43 d early
2024
118 d early
2023
33 d early
2022
52 d early
2021
41 d early
2020
3 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 60 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. Usually files around 9 September (4 of the last 5 filed years within 66 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-03-2027 close31-10-2027 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
  1. Annual accounts filedfiscal year 2026 · micro…
  2. Annual accounts filedfiscal year 2025 · micro…
  3. Liquidity triplescurrent ratio 24.61

Key points

  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 6 profitable years in a rowprofit 2026: €20,108 6 years View
  • Active since 1999founded 14-12-1999 26 years View

By topic

Financials

Fiscal year
2026
Total assets
€1.1m
Profit
€20,108
Solvency
95.4%
Total assets▼ 7.3%
Net result
20192026
Go to Financials

Timeline

Events
17
Since
2017
Next accounts
by 31-10-2027
  1. 23-06-2026Annual accounts filed
  2. 18-09-2025Annual accounts filed
  3. 31-03-2025Liquidity triples
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28299
Founded
14-12-1999
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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