KUNSTSIEN
ActiveSummary
The latest annual accounts of KUNSTSIEN were filed more than 90 days after the deadline. The 2008 annual accounts show equity of €2.6m and a net result of €739,744. The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2008 are too old to assess current financial health.
Filing: Filed more than 90 days late
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2008 · tick = 2007
Profitability100=
Solvency100=
Growth78
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2008Solvency, return and age of the figures
Solvency
100%
Return on assets
28.6%
Age of the figures
213 mo
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 · No filing for years
The last filed financial year closed on 31-12-2008. Since then, 17 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2009 close31-07-2010 deadline29-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2008 was due by 31-07-2009 and was filed on 21-12-2009, 143 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2008, abbreviated schema
Equity
€2.6m▲ 40.0%
2007 · €1.9m
Total assets
€2.6m▲ 40.0%
2007 · €1.9m
Net result
€739,744▲ 54.0%
2007 · €480,383
Working capital
Not included in this filing
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20072008
Operating result€489,232-€938,784▲ 91.9%
Net result€480,383-€739,744▲ 54.0%
Equity€1.9m-€2.6m▲ 40.0%
Total assets€1.9m-€2.6m▲ 40.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2008; 2008 is 92% above 2007.
Balance-sheet composition
2008 in colour, 2007 as the grey bar beneath
Assets €2.6m
Fixed assets
€1.8m ▲ 88.0%
Current assets
€775,313 ▼ 12.4%
Key figures and ratios
EBITDA
€938,981▲
2007 · €489,429
Cash flow
€739,941▲
2007 · €480,580
Solvency
100.0%=
2007 · 100.0%
ROE
28.6%▲
2007 · 25.9%
ROA
28.6%▲
2007 · 25.9%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2007 | 2008 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €197 | €197 | = |
| Gross operating margin9900 | €491,883 | €942,218 | ▲ 91.6% |
| Operating profit (loss)9901 | €489,232 | €938,784 | ▲ 91.9% |
| Recurring financial income75 | €25,810 | €43,194 | ▲ 67.4% |
| Recurring financial charges65 | €34,659 | €242,234 | ▲ 599% |
| Profit (loss) for the period before taxes9903 | €480,383 | €739,744 | ▲ 54.0% |
| Profit (loss) for the period9904 | €480,383 | €739,744 | ▲ 54.0% |
| Line | 2007 | 2008 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.9m | €2.6m | ▲ 40.0% |
| Fixed assets21/28 | €965,916 | €1.8m | ▲ 88.0% |
| Tangible fixed assets22/27 | €965,916 | €1.8m | ▲ 88.0% |
| Current assets29/58 | €885,372 | €775,313 | ▼ 12.4% |
| Current investments50/53 | €825,402 | €559,322 | ▼ 32.2% |
| Cash at bank and in hand54/58 | €59,970 | €215,991 | ▲ 260% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.9m | €2.6m | ▲ 40.0% |
| Equity10/15 | €1.9m | €2.6m | ▲ 40.0% |
| Profit (loss) carried forward14 | €1.8m | €2.6m | ▲ 40.0% |
| Line | 2007 | 2008 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €480,383 | €739,744 | ▲ 54.0% |
| + Depreciation and write-downs630 | €197 | €197 | = |
| Operating cash flow (approximation) | €480,580 | €739,941 | ▲ 54.0% |
| Investment in fixed assets (approximation) | - | -€850,000 | - |
| Change in cash | - | €156,021 | - |
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
2009
21-12
NBB filing
Annual accounts filed
fiscal year 2008 · abbreviated schema · 143 days late
2008
31-12
Financial
Equity above €2mEq €2.6m ▲40%
2 profitable years in a row build equity to €2.6m.
25-11
NBB filing
Annual accounts filed
fiscal year 2007 · abbreviated schema · 117 days late
2007
02-08
NBB filing
Annual accounts filed
fiscal year 2006 · abbreviated schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Haacht · 1 establishment unit since 2005
Ground area
4,794 m²
Building footprint
820 m²
Volume, LiDAR
4,086 m³
2 parcels, Flanders · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KUNSTSIEN
since 20052.288.706.486
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24122B0190/00M006 | Flanders | 2,686 m² | - | - |
| 24121E0375/00C000 | Flanders | 2,108 m² | 1 · 820 m² | 6.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
549300LJQKNHP1FJ7523
Identification & contact
Identification
Legal formPrivate foundation
Founded10-10-2005
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0876573855
Registered
08-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.