Kuringen Park Construct
ActiveSummary
Kuringen Park Construct has been active since 2024 and the Belgian Official 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 11% of 2,787 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
- Equity
- €14,953
- Loss
- -€5,047
- Largest shareholder
- ANTONISSEN HOLDING · 50%
- Board
- 5 members
Why 62raises riskSector: Construction of residential and non-residential buildings (NACE 41)Founded in 2024lowers riskSize: total assets €4.2mFigures for financial year 2025 (filed 12-08-2026)Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, small): better than 8% on solvency, 19% on liquidity, 25% on profitability and 11% on growth.
The bankruptcy probability was computed on 29-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 30 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Resignation: RESIVAS BV (class A director)Permanent representatives: Philippe NELEN and…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Resignation: LEXIME BV (class A director)Appointment: RESIVAS BV (class A…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (11 days) Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00393044.
2024 to 2025, 2 financial years
2025 is the only financial year with figures: the operating result is a loss of €4,751.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Equity, Total assets, Working capital, Solvency, Current ratio.
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 95.8% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 | - |
| 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 | €0.2m | €0.5m | ▲ 213% |
| Trade receivables40 | €0.001m | €0.4m | ▲ 658× |
| Other amounts receivable41 | €0.2m | €0.1m | ▼ 16.5% |
| Cash at bank and in hand54/58 | €0.02m | €0.6m | ▲ 32× |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1.4m | €4.2m | ▲ 206% |
| Equity10/15 | €0.02m | €0.01m | ▼ 25.2% |
| Contributions10/11 | €0.02m | €0.02m | = |
| Profit (loss) carried forward14 | - | -€0.005m | - |
| 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 | €0.8m | ▼ 38.0% |
| Suppliers440/4 | €1.4m | €0.8m | ▼ 38.0% |
| Advances received on contracts in progress46 | - | €1.2m | - |
| Other amounts payable47/48 | - | €0.9m | - |
| 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.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 11-08-2026 | 2026-00393044 |
| 31-12-2024 | abbreviated format | 17-09-2025 | 2025-00494126 |
Similar companies · same sector, comparable size
Public contracts
Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.
Directors
Board 5
Permanent representatives 4
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| ED SOMERS INVEST |
|
| MICANT |
|
| S.V.-INVEST |
|
| VGV INVESTfrom an act |
|
| MORAND Development |
|
| Resivas |
|
| Lexime |
|
Owners and capital
Owners
1 ownerOwners 1
-
50%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- LAPIS (BE 0757.532.485) 500 shares (50%) · €10,000
- ANTONISSEN HOLDING (BE 0778.667.005) 500 shares (50%) · €10,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 05-12-2024 Incorporation · €20,000 · 1,000 shares
Group and network
Connections & network
47 connected companiesShow 43 more companies with a shared director
History
Acts, filings and financial milestones
19-08
Gazette deed
Resignation: RESIVAS BV (class A director)Permanent representatives: Philippe NELEN and Moritz WILLEMS · Appointment: MORAND DEVELOPMENT BV (class A director) · Director discharge6 facts ▸
- General meeting, 15-07-2026
- Director resignation, RESIVAS BV (class A director)
- Permanent representative, Philippe NELEN
- Director discharge, RESIVAS BV (2 times)
- Director appointment, MORAND DEVELOPMENT BV (class A director)
- Permanent representative, Moritz WILLEMS
25-03
Gazette deed
Resignation: LEXIME BV (class A director)Appointment: RESIVAS BV (class A director) · Power of attorney12 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)
- Director in office, Philippe NELEN (permanent representative)
- Other provision, “acceptatie en bezoldiging mandaat, onbezoldigd” (deed in Dutch)
- Power of attorney, Yannick Van den broeke
- Power of attorney, Thijs Weverbergh
- Power of attorney, Alicja Olszewska
- Power of attorney, Hilde Tobback
- Power of attorney, Brent Mastin
- Power of attorney, Simon Meyskens
05-05
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 14-03-2025
- Registered-office move, 3500 Hasselt,Dusartplein 20
05-12
Gazette deed
IncorporationAppointments: Micant, Lexime and 2 others · Permanent representatives: ANTONISSEN Michaël, POTVIN Sven and 2 others · Registered office clause21 facts ▸
- Registered office clause, “3500 Hasselt, Havermarkt 22, slechts uitwerking vanaf neerlegging ter griffie van uitgifte oprichtingsakte” (deed in Dutch)
- Board rule, 4, “A-bestuurders” (deed in Dutch)
- Director appointment, Micant (class A director)
- Director appointment, Lexime (class A director)
- Director appointment, ED SOMERS INVEST (class B director)
- Director appointment, VGV INVEST (class B director)
- Permanent representative, ANTONISSEN Michaël
- Permanent representative, POTVIN Sven
- Permanent representative, SOMERS Edwin
- Permanent representative, VANGRONSVELD Stefan
- Power of attorney, JACKERS Hilda (2 times)
- Power of attorney, JORISSEN Nele (2 times)
- +9 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1016.923.452
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71022H0530/00R003 | Flanders | 789 m² | 1 · 257 m² | 17.6 m · 5 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Kuringen Park Construct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Voornoemde bestuurder verklaart zijn mandaat te aanvaarden en zal zijn mandaat onbezoldigd uitoefenen. De raad van bestuur is bevoegd om…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, tenzij die waarvoor volgens de wet of de statuten alleen de algemene vergadering bevoegd is” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Zonder goedkeuring onder levenden of bij overlijden aan aandeelhouder, geen beroep op rechter tegen weigering” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “2, één vereffenaar bij eenvoudige meerderheid uit kandidatenlijst houders klasse A” (deed in Dutch)