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KMG Advice

Active Risk: not assessed Private limited companyfounded 1994active for 32 yearsTulpenlaan 11, 2470 RetieKBO/BCE: BE 0452.789.763 #2 oldest company in Retie, Finance and insurance sector

Lifetime

18 annual accounts with figures on one time axis, 29 filings since 1996
peak €318,233 (2025)
€318,233▲ 186%
lowest -€41,214 (2015)
€425,003▲ 44.5%
peak €923,007 (2025)
€923,007▲ 85.3%
€114,026▼ 51.2%
peak 2 FTE (2012)
-not published
Board1 name since 2022
Documentsfilings and deeds
27-11-202527 days late
2025micro format
Gross margin from €111,290 to €318,233Result from €294,196 to €425,003Equity from €498,004 to €923,007Debts from €233,848 to €114,026Cash from €241,599 to €79,137

Key points

from the 2025 annual accounts

Equity

€923,007 ▲ 85.3%
€498,0002024€923,0002025

Equity rose in 2025 from €498,004 to €923,007.

Liquidity

7.93 was 1.43 in 2024

Short-term debts fell from €233,677 to €114,026.

Filings

29 annual accounts 9 days past the deadline
deadline200020102020

2026 accounts not filed: deadline was 31-10-2026.

Financial institution: outside the modelBankruptcy probability: sector outside the model

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.

Bankruptcy probability within 12 months

The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

2 signals, none raises the risk
Two signals.
lowers riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €923,007
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-11-2025, 27 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2026
not filed
2025
27 days late
2024
3 days early
2023
32 days early
2022
7 days early
2021
5 days early
2020
2 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 4 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0452789763
Company renamed from KURT VANDERSPINNEN to KMG Advice Registered office moved from Nieuwerkerken to Retie · New registered office: Tulpenlaan 11, 2470 Retie · Previous registered office: Kerkstraat 149, 3850 Nieuwerkerken · General meeting of 29-12-2023 · Gazette deed
First establishment Tulpenlaan 11, Retie
Incorporation published on 25-06-1994 · Gazette deed
All 45 events

Comparable companies

same main activity, similar in size and age
Company
KMG Advice Retie €1.1m €318,233 86.9% -
COJIMAX Antwerp €1.1m €348,374 50.2% -
SOFICOUNT Knokke-Heist €1.2m €305,379 75.8% -
MOERMAN CONSTRUCT Evergem €1.2m €297,442 24.3% -
DEVATRADE Knokke-Heist €1.0m €334,023 -562.0% 0
COSBLAD Sint-Gillis-Waas €1.4m €348,564 63.0% 0.6
Notariële bestuursvennootschap Verdonck Marc Nijlen €1.0m €279,953 61.5% -

These companies have the same main activity as KMG Advice: activities of holding companies (NACE 64210). They are comparable in size and age: total assets between €973,000 and €1.4m, founded between 1988 and 1998.

Official details

Source: KBO
Status
Active since 31-05-1994Normal situation
Activity
Activities of holding companiesNACE 64210and 5 others
Establishment unit
2.067.189.3682470 Retie, since 15-02-2000
Financial year end
31 March
Peppol
Reachable since 10-12-2025
Company details

Annual accounts to 31-03-2025

€1.1m▲ 40.3%
Filing
Filed on 27-11-2025
Financials

Insights on KMG Advice

KMG Advice files the micro format. That format states no turnover. The gross margin rose from -€12,936 in 2007 to €318,233 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KMG Advice

What is the company number of KMG Advice?
The company number of KMG Advice is 0452.789.763. The VAT number is the same number with BE in front: BE 0452.789.763.
Where is KMG Advice based?
The registered office is at Tulpenlaan 11, 2470 Retie.Company details
What does KMG Advice do?
According to the KBO register, the main activity is activities of holding companies (NACE 64210).
What is the legal form of KMG Advice?
KMG Advice is a private limited company (BV).
When was KMG Advice founded?
KMG Advice was founded on 31-05-1994.
Is KMG Advice still active?
Yes, KMG Advice is an active enterprise in the KBO register.
What is the turnover of KMG Advice?
The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €318,233 and 34 comparable companies (NACE 64210). It probably lies between €350,000 and €660,000. In financial year 2019 turnover was €173,334.Financials
Is KMG Advice profitable?
In financial year 2025, KMG Advice made a profit of €425,003.
Where can I find the annual accounts of KMG Advice?
KMG Advice filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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