KUMS VITAL
ActiveSummary
KUMS VITAL has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €98k and a net result of €5k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 78% of 2437 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▲+2
Solvency99▲+13
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 3.31 against 2.12 in 2023; short-term debt: 26.2% and cash: 39.5% of total assets), and 26.2% of the assets are financed with debt.
Credit advice 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
14 d early
2023
36 d late
2022
142 d late
2021
92 d late
2020
92 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€98k▲ 5.5%
2023 · €93k
2018: €65k
2019: €70k
2020: €86k
2021: €81k
2022: €88k
2023: €93k
2018 → 2024
Total assets
€132k▼ 13.1%
2023 · €152k
2018: €174k
2019: €170k
2020: €182k
2021: €157k
2022: €147k
2023: €152k
2018 → 2024
Net result
€5k▲ 23.0%
2023 · €4k
2018: €13k
2019: €5k
2020: €16k
2021: €-5k
2022: €7k
2023: €4k
2018 → 2024
Working capital
€80k▲ 19.6%
2023 · €67k
2018: €48k
2019: €57k
2020: €74k
2021: €66k
2022: €73k
2023: €67k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€86k-€81k▼ 6.0%€88k▲ 8.9%€93k▲ 4.7%€98k▲ 5.5%
Operating result€26k-€-9k€10k€7k▼ 29.1%€7k▲ 9.7%
Net result€16k-€-5k€7k€4k▼ 42.1%€5k▲ 23.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 10% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €132k
Fixed assets
€18k ▼ 31.3%
Current assets
€115k ▼ 9.4%
Equity and liabilities €132k
Equity
€98k ▲ 5.5%
Debt
€35k ▼ 42.0%
Debt's share of the balance-sheet total falls from 39.2% to 26.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11k▼
2023 · €20k
Cash flow
€9k▼
2023 · €18k
Current ratio
3.31▲
2023 · 2.12
Quick ratio
1.59▲
2023 · 1.12
Debt to equity
0.35▼
2023 · 0.65
ROE
5.2%▲
2023 · 4.5%
ROA
3.9%▲
2023 · 2.7%
Interest coverage
27.07▲
2023 · 14.54
Debt ≤ 1 year
€35k▼
2023 · €60k
Income taxes
€2k▲
2023 · €1k
Staff costs
€34k▼
2023 · €37k
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 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€152k€132k▼
Fixed assets21/28€26k€18k▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€26k€18k▼
Land and buildings22-€0
Plant, machinery and equipment23€8k€3k▼
Furniture and vehicles24€6k€5k▼
Other tangible fixed assets26€11k€10k▼
Current assets29/58€127k€115k▼
Stocks and contracts in progress3€60k€60k▼
Stocks30/36€60k€60k▼
Amounts receivable within one year40/41€34k€3k▼
Trade receivables40€30k€2k▼
Other amounts receivable41€4k€884▼
Cash at bank and in hand54/58€31k€52k▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€152k€132k▼
Equity10/15€93k€98k▲
Contributions10/11€19k€19k=
Reserves13€68k€73k▲
Distributable reserves133€68k€73k▲
Profit (loss) carried forward14€6k€6k=
Amounts payable17/49€60k€35k▼
Amounts payable within one year42/48€60k€35k▼
Current portion of amounts payable after more than one year42€13k€2k▼
Trade debts44€7k€3k▼
Suppliers440/4€7k€3k▼
Taxes, remuneration and social security45€8k€4k▼
Taxes450/3-€82
Remuneration and social security454/9€8k€3k▼
Other amounts payable47/48€31k€27k▼
Income statement
Code20232024
Non-recurring operating income76A€266€316▲
Remuneration, social security and pensions62€37k€34k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€4k▼
Other operating charges640/8€4k€1k▼
Gross operating margin9900€61k€46k▼
Operating profit (loss)9901€7k€7k▲
Financial income75/76B€30€27▼
Recurring financial income75€30€27▼
Financial charges65/66B€1k€418▼
Recurring financial charges65€1k€418▼
Profit (loss) for the period before taxes9903€5k€7k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€4k€5k▲
Profit (loss) for the period to be appropriated9905€4k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€6k€11k▲
Profit (loss) brought forward from the previous period14P€2k€6k▲
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 36 days late
2023
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 142 days late
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Weakest financial yearnet €-5k ▼132%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 92 days late
2020
31-12
Financial
Highest result since 2018net €16k ▲249%
Operating result €26k, net result €16k, both a record.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Genk · 1 establishment unit since 2003
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.
Woudstraat 113600 GenkGround area
3,746 m²
Building footprint
665 m²
Volume, LiDAR
3,556 m³
Parcel 71302A0002/00L030, Flanders · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Woudstraat 11, 3600 Genk
since 20032.123.241.710
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71302A0002/00L030 | Flanders | 3,746 m² | 1 · 665 m² | 6.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
YC Services
BE 0561.980.089
Sint-Gillis-Waas · Eq €97,926
TR USINAGE
BE 0769.451.312
Morlanwelz · Eq €97,940
LAS
BE 0451.537.077
Lichtervelde · Eq €97,965
Atelier de Construction Métallique et Sablage
BE 0447.601.253
Rochefort · Eq €98,007
POINT MC
BE 0771.723.585
Geraardsbergen · Eq €98,177
Of 3,464 companies in sector 25530 we hold annual accounts for 1,658. 1,250 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)
Founded16-12-2002
Fiscal year end31-12
Activities, NACEBEL 2025
25530Machining of metals
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.