Kunlabora · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Kunlabora is 0.2% (very low). The 2024 annual accounts show equity of €805k and a net result of €390k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 60% of 561 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

1 signal · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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.

How we compute the deadline

The year end is derived from 7 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	26-08-2025	26 d late	2025-00440741
31-12-2023	31-07-2024	23-07-2024	8 d early	2024-00289492
31-12-2022	31-07-2023	14-08-2023	14 d late	2023-00332700
31-12-2021	31-07-2022	05-08-2022	5 d late	2022-20276264
31-12-2020	31-07-2021	12-07-2021	19 d early	2021-34500038
31-12-2019	31-07-2020	09-07-2020	22 d early	2020-28000503
31-12-2018	31-07-2019	24-06-2019	37 d early	2019-22100318

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2017, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.2% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Lower-risk legal form −Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Turnover€5.80M+33.1%

EBIT margin10.1%-3.8pp

Net result€390k-7.5%

Working capital€785k+96.7%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 26-08-2025 with the NBB · fiscal year 2024 · verkort

RevenueOperating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

volatile Too volatile to project: the yearly deviation from the trend is ~127% of the level (threshold 35%). We therefore deliberately show no projection line.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 62, Computer programming & consultancy · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	47.2%	34.8%	better than 60% of 561 sector peers
Net result	€390k	€15k	better than 94% of 561 sector peers
Equity	€805k	€79k	better than 87% of 561 sector peers
Gross operating margin	€4.29M	€81k	better than 95% of 560 sector peers
Staff costs	€3.51M	€297k	higher than 95% of 287 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P60

Improving position over 2020-2024 · n=143-561

Net result P94

Improving position over 2020-2024 · n=143-561

Equity P87

Improving position over 2020-2024 · n=143-561

Gross operating margin P95

Stable position over 2020-2024 · n=143-560

Describes the position versus peers, not a forecast.

Revenue

€5.80M

+33.1% 18-24

EBITDA

€597k

-3.8% 18-24

Net profit

€390k

-7.5% 18-24

Cash flow

€399k

-7.9% 18-24

Total assets

€1.71M

+13.1% 18-24

Equity

€805k

+93.8% 18-24

Working capital

€785k

+96.7% 18-24

Employees (FTE)

38

+8.5% 18-24

Staff costs

€3.51M

+18.1% 18-24

Income taxes

€150k

+0.5% 18-24

Debt

€902k

-17.5% 18-24

Debt ≤ 1y

€902k

-17.5% 18-24

Current ratio

1.87

+37.0% 18-24

Quick ratio

1.74

+27.7% 18-24

Solvency

47.2%

+71.3% 18-24

Debt / equity

1.12

-57.4% 18-24

ROE

48.4%

-52.3% 18-24

ROA

22.8%

-18.3% 18-24

Net margin

6.7%

-30.5% 18-24

EBITDA margin

10.3%

-27.7% 18-24

Interest coverage

11.97

-25.9% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	€5.80M
EBITDA	€597k
Net profit	€390k
Cash flow	€399k
Staff costs	€3.51M
Income taxes	€150k
Dividends	-
Total assets	€1.71M
Equity	€805k
Debt	€902k
of which ≤ 1y	€902k
of which > 1y	-
Working capital	€785k
Employees (FTE)	38.4

Ratios (computed)

	2024
Current ratio	1.87
Quick ratio	1.74
Working capital ratio	46.0%
Solvency	47.2%
Debt / equity	1.12
Long-term debt ratio	-
Interest coverage	11.97
Gross margin	67.9%
Net margin	6.7%
ROA	22.8%
ROE	48.4%
EBITDA margin	10.3%
Days sales outstanding	45d
Days payable outstanding	54d
Inventory turnover	16.24
Days inventory (DSI)	22d

Balance-sheet composition 2024

Assets

Fixed assets €20k · 1.2% Current assets €1.69M · 98.8%

Equity & liabilities

Equity €805k · 47.2% Debt €902k · 52.8%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.71M
Fixed assets	21/28	€20k
Tangible fixed assets	22/27	€20k
Current assets	29/58	€1.69M
Stocks & contracts in progress	3	€115k
Amounts receivable within one year	40/41	€1.50M
Cash & bank	54/58	€17k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.71M
Equity	10/15	€805k
Contributions / capital	10/11	€62k
Reserves	13	€743k
Accumulated profits (losses)	14	€36
Amounts payable	17/49	€902k
Amounts payable within one year	42/48	€902k
Trade debts payable within one year	44	€277k
Income statement
Turnover	70	€5.80M
Gross operating margin	9900	€4.29M
Operating result	9901	€588k
Financial income	75	€2k
Financial charges	65	€50k
Result before taxes	9903	€540k
Income taxes	67/77	€150k
Net result for the period	9904	€390k
Result to be appropriated	9905	€285k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

94 / 100 Excellent

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

approximate (street level) On OpenStreetMap

80 companies at this address See who is registered here

Establishment units

1 location

Kunlabora

Veldkant 33 A, 2550 KontichActiviteiten van systeemintegrators

since 20172.272.938.147

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area3,333 m²

Buildings1

Building footprint933 m²

Volume (LiDAR)7,846 m³

Tallest building10.3 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11024B0079/00F000	Flanders	3,333 m²	1 · 932 m²	10.3 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

All acts · 1 updated 3 years ago

2023

11-04-2023 4 directors appointed Director changes

Dieter Vanloock, Commissaris
Dieter Van Loock, Commissaris
Dirk Deroost, Commissaris
Paul Claes, Commissaris

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

88 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 94

Profitability 70

Solvency 89

Growth 85

Stability 100

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