Active BE 0755.964.253Private limited companyOpen bankruptcy

KURNAZ-TEC

Picardstraat 7 ·1000 Brussel, Belgium· 5 yrs active

Conclusion Checked

A bankruptcy procedure is open for KURNAZ-TEC according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €69k and a net result of €18k.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€69k
Net result	€18k
Active	5 yrs
Board	1

Snowflake analysis 5 of 5 axes measured · computed by Checked

57 / 100

Mixed profile: strong on solvency, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 24

Profitability 87

Solvency 100

Growth 76

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

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.

Health barometer FY 2024 · computed

24 / 100 Critical

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.

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Computed by Checked from the NBB filing for FY 2024 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview4 NBB filings

Annual accounts filed on 18-01-2026 with the NBB · fiscal year 2024 · micro

RevenueOperating resultNet result

Revenue

€140k

+102.5% 21-24

EBITDA

€20k

-32.3% 21-24

Net profit

€18k

-37.6% 21-24

Cash flow

€19k

-36.8% 21-24

Total assets

€101k

+59.4% 21-24

Equity

€69k

+36.6% 21-24

Working capital

€68k

+34.9% 21-24

Staff costs

€19k

- 21-24

Income taxes

€3k

- 21-24

Debt

€32k

+151.4% 21-24

Debt ≤ 1y

€32k

+151.4% 21-24

Current ratio

3.16

-37.1% 21-24

Quick ratio

3.16

-37.1% 21-24

Solvency

68.6%

-14.3% 21-24

Debt / equity

0.46

+84.0% 21-24

ROE

25.8%

-54.3% 21-24

ROA

17.7%

-60.9% 21-24

Net margin

12.8%

-69.2% 21-24

EBITDA margin

14.3%

-66.6% 21-24

Interest coverage

13.61

-90.3% 21-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	€140k
EBITDA	€20k
Net profit	€18k
Cash flow	€19k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€101k
Equity	€69k
Debt	€32k
of which ≤ 1y	€32k
of which > 1y	-
Working capital	€68k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	3.16
Quick ratio	3.16
Working capital ratio	67.8%
Solvency	68.6%
Debt / equity	0.46
Long-term debt ratio	-
Interest coverage	13.61
Gross margin	14.8%
Net margin	12.8%
ROA	17.7%
ROE	25.8%
EBITDA margin	14.3%
Days sales outstanding	151d
Days payable outstanding	29d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €861 · 0.9% Current assets €100k · 99.2%

Equity & liabilities

Equity €69k · 68.6% Debt €32k · 31.4%

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	€101k
Fixed assets	21/28	€861
Financial fixed assets	28	€861
Current assets	29/58	€100k
Amounts receivable within one year	40/41	€58k
Cash & bank	54/58	€6k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€101k
Equity	10/15	€69k
Contributions / capital	10/11	€3k
Reserves	13	€2k
Accumulated profits (losses)	14	€64k
Amounts payable	17/49	€32k
Amounts payable within one year	42/48	€32k
Trade debts payable within one year	44	€10k
Income statement
Turnover	70	€140k
Gross operating margin	9900	€21k
Operating result	9901	€19k
Financial charges	65	€1k
Result before taxes	9903	€18k
Net result for the period	9904	€18k
Result to be appropriated	9905	€18k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 3 directors

Current directors & mandates

MONDJO Kamba Joel Wilfrid Augustin
Director
State Gazette act 25006604 (15-01-2025)

Current
23-12-2024 → present

Former directors (2)

NKENDA Bisita
Director
State Gazette act 23015757 (01-02-2023)

Former
02-01-2023 → 23-12-2024
2 events
- 23-12-2024 Resigned· Director
- 02-01-2023 Appointed· Director
Kurnaz Ali
Director
State Gazette act 23015757 (01-02-2023)

Former
- → 02-01-2023

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	ALAIN GOLDSCHMIDT CHAUSSEE DE LA HULPE 150, 1170 03 WATERMAEL-BOITSFORT ↔ Also on 148 other cases	01-12-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	-
Legal form	Private limited company(610)
Incorporation	09-10-2020
Status	Active
Postal code	1000
First BS signal	09-12-2025
Latest BS signal	09-12-2025

Establishment units 1 location

KURNAZ-TEC

Houba de Strooperlaan 114, 1020 BrusselGoederenvervoer over de weg

since 20202.313.404.468

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

Real-estate footprint Source: CBE × cadastre

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.

Brussels 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21814P0441/00B000	Brussels	4.4 ha	1 · 3.9 ha	34.0 m · 6 fl.
21816C0005/00R007	Brussels	196 m²	1 · 104 m²	14.7 m · 4 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

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

Updates 8 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

18-01-2026

NBB filing Annual accounts filed

fiscal year 2024 · micro

2025

09-12-2025

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SRL KURNAZ-TEC RUE PICARD 7/100, 1000 BRUXELLES · event 01-12-2025

05-03-2025

NBB filing Annual accounts filed

fiscal year 2023 · micro

15-01-2025

State Gazette act Capital & shares

2024

04-03-2024

NBB filing Annual accounts filed

fiscal year 2022 · micro

2023

09-08-2023

State Gazette act Registered-office change

01-02-2023

State Gazette act Capital & shares

2022

25-10-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

Lifecycle & Insolvency Signals 1 events

09-12-2025

Bankruptcy Opening

Date: 01-12-2025 · Tribunal de l’entreprise francophone de Bruxelles · SRL KURNAZ-TEC RUE PICARD 7/100, 1000 BRUXELLES · Publications in State Gazette ↗

Time machine, BS events + macro context 2021, 2026

Macro context

2020-Q2/Q3 COVID lockdown

2022 energy crisis

2023-2024 ECB rate hikes

Legend

Bankruptcy

Interim / reorg

KBO event

Belgisch Staatsblad, acts 3 acts

Capital history · 2

15-01-2025

Capital change

01-02-2023

Capital change

Address history · 1

09-08-2023

Registered-office move

All acts · 3 updated 1 year ago

2025

15-01-2025 All shares are now held by a single shareholder Capital & shares

Original publication ↗

Technical details

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2023

09-08-2023 Registered office moved within Bruxelles Registered-office change

Rue Grand Bigard, 14 à 1082 Bruxelles → Rue Picard, n°7 boite 100 à 1000 Bruxelles

Original publication ↗

Technical details

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01-02-2023 All shares are now held by a single shareholder Capital & shares

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

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Company registry (CBE) Crossroads Bank

Names & trade names

Legal nameNL

KURNAZ-TEC

Registered office

Picardstraat 7 bus 100

1000 Brussel, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.