Kuringen Park Construct
ActiveSummary
Kuringen Park Construct has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,953 and a net result of -€5,047. Its solvency ranks better than 12% of 2213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
This company filed its last 2 accounts on average 30 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
History
Go further with this company
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Click a name to add, emphasise or remove a line.
- 2025 Total assets +206% on 2024. Cause not known from the registers.
Peer companies
Historical observationOf the 120 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 96% are still going.
- Small
- under 2 years old
- solvency under 10%
- a small loss
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 120 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €422 | €2,461 | ▲ 483% |
| Gross operating margin9900 | €422 | -€2,290 | ▼ 643% |
| Operating profit (loss)9901 | - | -€4,751 | - |
| Financial charges65/66B | - | €296 | - |
| Recurring financial charges65 | - | €296 | - |
| Profit (loss) for the period before taxes9903 | - | -€5,047 | - |
| Profit (loss) for the period9904 | - | -€5,047 | - |
| Profit (loss) for the period to be appropriated9905 | - | -€5,047 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1.4m | €4.2m | ▲ 206% |
| Current assets29/58 | €1.4m | €4.2m | ▲ 206% |
| Stocks and contracts in progress3 | €1.2m | €3.1m | ▲ 157% |
| Contracts in progress37 | €1.2m | €3.1m | ▲ 157% |
| Amounts receivable within one year40/41 | €154,372 | €483,462 | ▲ 213% |
| Trade receivables40 | €539 | €354,953 | ▲ 65,748% |
| Other amounts receivable41 | €153,833 | €128,509 | ▼ 16.5% |
| Cash at bank and in hand54/58 | €20,000 | €632,147 | ▲ 3,061% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.4m | €4.2m | ▲ 206% |
| Equity10/15 | €20,000 | €14,953 | ▼ 25.2% |
| Contributions10/11 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | - | -€5,047 | - |
| Amounts payable17/49 | €1.4m | €4.2m | ▲ 209% |
| Amounts payable within one year42/48 | €1.4m | €4.2m | ▲ 209% |
| Financial debts43 | - | €1.3m | - |
| Credit institutions430/8 | - | €1.3m | - |
| Trade debts44 | €1.4m | €839,232 | ▼ 38.0% |
| Suppliers440/4 | €1.4m | €839,232 | ▼ 38.0% |
| Advances received on contracts in progress46 | - | €1.2m | - |
| Other amounts payable47/48 | - | €859,322 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | - | -€5,047 | - |
| Operating cash flow (approximation) | - | -€5,047 | - |
| Change in cash | - | €612,147 | - |
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
19-08
State Gazette act
Resignation: RESIVAS BV (class A director)Permanent representatives: Philippe NELEN and Moritz WILLEMS · Appointment: MORAND DEVELOPMENT BV (class A director) · Director discharge7 facts ▸
- General meeting, 15-07-2026
- Director resignation, RESIVAS BV (class A director)
- Permanent representative, Philippe NELEN (permanent representative)
- Director discharge, RESIVAS BV
- Director discharge, RESIVAS BV
- Director appointment, MORAND DEVELOPMENT BV (class A director)
- Permanent representative, Moritz WILLEMS (permanent representative)
25-03
State Gazette act
Resignation: LEXIME BV (class A director)Appointment: RESIVAS BV (class A director) · Permanent representative: Philippe NELEN · Power of attorney7 facts ▸
- General meeting, 12/02/2026
- Director resignation, LEXIME BV (class A director)
- Power of attorney, Sven Robert Gilbert Corneel POTVIN
- Director appointment, RESIVAS BV (class A director)
- Permanent representative, Philippe NELEN
- Mandate compensation, RESIVAS BV
- Power of attorney, Deloitte Legal-Lawyers BV
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 2 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
Board 1
Permanent representatives 1
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71022H0530/00R003 | Flanders | 789 m² | 1 · 257 m² | 17.6 m · 5 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| MORAND Development |
|
| Resivas |
|
| Lexime |
|
Articles of association
Full text
Voornoemde bestuurder verklaart zijn mandaat te aanvaarden en zal zijn mandaat onbezoldigd uitoefenen. De raad van bestuur is bevoegd om alle handelingen te verrichten die nodig of dienstig zijn tot verwezenlijking van het voorwerp van de vennootschap, tenzij die waarvoor volgens de wet of de statuten alleen de algemene vergadering bevoegd is. Onverminderd de algemene vertegenwoordigingsmacht van de raad van bestuur als college, wordt de vennootschap ten aanzien van derden rechtsgeldig verbonden door het gezamenlijk optreden van twee bestuurders, waaronder steeds één (1) A-bestuurder, één (1) B-bestuurder.
Structure & network
Owners and holdings
1 ownerOwners 1
-
50%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 connected companyThe connected companies are in the list below.
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.