KURU
ActiveSummary
The computed 12-month bankruptcy probability of KURU is 2.3% (moderate). The 2025 annual accounts show negative equity (€-176k) and a net result of €-239k. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 7% of 1865 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-67
Solvency3▼-30
Growth55▼-30
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.55 against 0.77 in 2024; short-term debt: 110.1% and cash: 0.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
-22.2%
Return on assets
-30.1%
Age of the figures
12 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-176k
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 05-05-2026, 5 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
5 d late
2024
on the day
2023
on the day
2022
1 d late
2021
23 d late
2020
on the day
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€2.52M▲ 91.0%
2018 · €1.32M
EBIT margin
2.3%▲ 4.7pp
2018 · -2.4%
Net result
€-239k
2024 · €2k
Working capital
€-391k▼ 163%
2024 · €-149k
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
Line20212022202320242025
Turnover
Operating result€60k▲ 14.9%€50k▼ 16.5%€41k▼ 17.9%€39k▼ 5.4%€-206k
Net result€17k▲ 42.1%€14k▼ 15.4%€2k▼ 86.8%€2k▼ 17.5%€-239k
EBIT margin
Equity€45k▲ 62.0%€59k▲ 32.4%€61k▲ 3.2%€63k▲ 2.6%€-176k
Total assets€1.12M▼ 28.8%€1.12M▼ 0.2%€1.20M▲ 7.4%€817k▼ 32.0%€793k▼ 2.9%
Debt€1.08M▼ 30.4%€1.06M▼ 1.5%€1.14M▲ 7.7%€754k▼ 33.9%€969k▲ 28.5%
Working capital€-202k▲ 19.7%€-151k▲ 25.5%€-140k▲ 6.9%€-149k▼ 5.9%€-391k▼ 163%
Staff (FTE)30.6▲ 3.0%30.2▼ 1.3%30.2=31.6▲ 4.6%34.2▲ 8.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €206k after €39k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €793k
Fixed assets
€311k ▼ 3.2%
Current assets
€482k ▼ 2.7%
Key figures and ratios
EBITDA
€-105k▼
2024 · €169k
Cash flow
€-138k▼
2024 · €131k
Solvency
-22.2%▼
2024 · 7.7%
Current ratio
0.55▼
2024 · 0.77
Debt to equity
-5.51▼
2024 · 12.03
ROA
-30.1%▼
2024 · 0.2%
Interest coverage
-3.14▼
2024 · 5.79
Debt ≤ 1 year
€873k▲
2024 · €644k
Debt > 1 year
€96k▼
2024 · €110k
Staff costs
€1.41M▲
2024 · €1.18M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €1.16M | €994k | €1.04M | €1.18M | €1.41M | ▲ 19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €179k | €167k | €151k | €130k | €101k | ▼ 22.2% |
| Other operating charges640/8 | €39k | €48k | €40k | €28k | €54k | ▲ 91.2% |
| Gross operating margin9900 | €1.44M | €1.26M | €1.27M | €1.37M | €1.36M | ▼ 1.1% |
| Operating profit (loss)9901 | €60k | €50k | €41k | €39k | €-206k | ▼ 625% |
| Financial income75/76B | €12 | €2 | €627 | €937 | €509 | ▼ 45.7% |
| Recurring financial income75 | €12 | €2 | €627 | €937 | €509 | ▼ 45.7% |
| Financial charges65/66B | €25k | €20k | €25k | €29k | €33k | ▲ 14.6% |
| Recurring financial charges65 | €25k | €20k | €25k | €29k | €33k | ▲ 14.6% |
| Profit (loss) for the period before taxes9903 | €36k | €30k | €17k | €11k | €-239k | ▼ 2,278% |
| Income taxes67/77 | €18k | €15k | €15k | €9k | - | - |
| Profit (loss) for the period9904 | €17k | €14k | €2k | €2k | €-239k | ▼ 15,241% |
| Profit (loss) for the period to be appropriated9905 | €17k | €14k | €2k | €2k | €-239k | ▼ 15,241% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.12M | €1.12M | €1.20M | €817k | €793k | ▼ 2.9% |
| Fixed assets21/28 | €447k | €399k | €355k | €322k | €311k | ▼ 3.2% |
| Tangible fixed assets22/27 | €439k | €391k | €342k | €314k | €306k | ▼ 2.7% |
| Land and buildings22 | €72k | €67k | €63k | €59k | €61k | ▲ 3.7% |
| Plant, machinery and equipment23 | €3k | €4k | €1k | €779 | €1k | ▲ 92.4% |
| Furniture and vehicles24 | €20k | €11k | €55k | €90k | €96k | ▲ 7.1% |
| Leasing and similar rights25 | €340k | €306k | €220k | €163k | €146k | ▼ 10.4% |
| Other tangible fixed assets26 | €4k | €3k | €2k | €2k | €758 | ▼ 53.1% |
| Financial fixed assets28 | €8k | €8k | €13k | €8k | €6k | ▼ 24.0% |
| Current assets29/58 | €673k | €719k | €846k | €495k | €482k | ▼ 2.7% |
| Amounts receivable within one year40/41 | €606k | €699k | €829k | €458k | €448k | ▼ 2.1% |
| Trade receivables40 | €602k | €690k | €777k | €427k | €416k | ▼ 2.4% |
| Other amounts receivable41 | €5k | €10k | €51k | €31k | €32k | ▲ 2.6% |
| Cash at bank and in hand54/58 | €64k | €12k | €14k | €9k | €1k | ▼ 84.3% |
| Deferred charges and accrued income490/1 | €3k | €7k | €4k | €28k | €32k | ▲ 13.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.12M | €1.12M | €1.20M | €817k | €793k | ▼ 2.9% |
| Equity10/15 | €45k | €59k | €61k | €63k | €-176k | ▼ 381% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €858 | €858 | €858 | €858 | €858 | = |
| Non-distributable reserves130/1 | €858 | €858 | €858 | - | - | - |
| Reserves not available under the articles1311 | €858 | €858 | €858 | - | - | - |
| Distributable reserves133 | - | - | - | €858 | €858 | = |
| Profit (loss) carried forward14 | €25k | €40k | €42k | €43k | €-196k | ▼ 552% |
| Amounts payable17/49 | €1.08M | €1.06M | €1.14M | €754k | €969k | ▲ 28.5% |
| Amounts payable after more than one year17 | €200k | €189k | €154k | €110k | €96k | ▼ 13.0% |
| Financial debts170/4 | €200k | €189k | €154k | €110k | €96k | ▼ 13.0% |
| Amounts payable within one year42/48 | €875k | €870k | €987k | €644k | €873k | ▲ 35.6% |
| Current portion of amounts payable after more than one year42 | €154k | €143k | €120k | €121k | €89k | ▼ 26.9% |
| Financial debts43 | €41k | €44k | €41k | €88k | €142k | ▲ 61.2% |
| Credit institutions430/8 | - | - | - | €45k | €60k | ▲ 33.3% |
| Other loans439 | €41k | €44k | €41k | €43k | €82k | ▲ 90.4% |
| Trade debts44 | €445k | €329k | €389k | €246k | €392k | ▲ 59.0% |
| Suppliers440/4 | €445k | €329k | €389k | €246k | €392k | ▲ 59.0% |
| Advances received on contracts in progress46 | - | €163k | €266k | - | - | - |
| Taxes, remuneration and social security45 | €232k | €182k | €170k | €188k | €251k | ▲ 33.3% |
| Taxes450/3 | €89k | €53k | €70k | €84k | €126k | ▲ 49.6% |
| Remuneration and social security454/9 | €143k | €128k | €100k | €104k | €125k | ▲ 20.1% |
| Other amounts payable47/48 | €4k | €9k | €209 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €14k | €2k | €2k | €-239k | ▼ 15,241% |
| + Depreciation and write-downs630 | €179k | €167k | €151k | €130k | €101k | ▼ 22.2% |
| Operating cash flow (approximation) | €196k | €182k | €153k | €131k | €-138k | ▼ 205% |
| Investment in fixed assets (approximation) | - | €-120k | €-107k | €-97k | €-91k | ▲ 6.1% |
| Change in cash | - | €-52k | €2k | €-5k | €-8k | ▼ 70.4% |
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
Next filing, fiscal year 2026, expected by
2026
05-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 5 days late
2025
30-09
Financial
Weakest financial yearnet €-239k
Net result drops to €-239k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
01-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
2022
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 23 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Gent · 2 establishment units since 2013
Ground area
8,036 m²
Building footprint
1,701 m²
2 parcels, Flanders. Linked by address, not a title deed.
2 establishment units
KURU
since 20132.219.624.373
Delori-Maeslaan 17, 9940 Evergem
since 20212.322.614.124
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44019A1798/00D000 | Flanders | 7,815 m² | 1 · 1,507 m² | - |
| 44816K0550/00E000 | Flanders | 222 m² | 1 · 194 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 746 EUR awarded · 746 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 746 EUR | 746 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.219.624.373
Parcel delivery
Notified to the BIPT
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Of 12,585 companies in sector 49410 we hold annual accounts for 8,198. 6,141 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-06-2013
Fiscal year end30-09
Activities, NACEBEL 2025
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.