Active BE 0462.449.181Private limited company (pre-2019)

KUYLE

Kortrijksepoortstraat 82-84 ·9000 Gent, Belgium· 28 yrs active

Sector: Groothandel in andere voedingsmiddelen, neg (46389)

Conclusion Checked

The KBO register records legal situation 050 for KUYLE (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show negative equity (€-258k) and a net result of €-136k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€-258k
Net result	€-136k
Staff (FTE)	3.2
Better than sector	5%

Snowflake analysis 5 of 5 axes measured · computed by Checked

34 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 37

Growth 32

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

20 / 100

Moderate 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

· 2 historical bankruptcy publications (+20)

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.

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

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 2022 · computed

0 / 100 Critical

050100

Computed from 5 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 2022 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 20-07-2023 with the NBB · fiscal year 2022 · verkort

Operating resultNet result

Sector comparison

Fiscal year 2022 · NACE 46, Wholesale trade · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	-96.3%	26.4%	better than 5% of 780 sector peers
Net result	€-136k	€32k	better than 8% of 782 sector peers
Equity	€-258k	€188k	better than 5% of 782 sector peers
Gross operating margin	€50k	€206k	better than 27% of 781 sector peers
Staff costs	€129k	€161k	higher than 43% of 507 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-84k

- 18-22

Net profit

€-136k

-247.6% 18-22

Cash flow

€-95k

- 18-22

Total assets

€268k

-29.8% 18-22

Equity

€-258k

-111.3% 18-22

Working capital

€-124k

- 18-22

Employees (FTE)

3

-3.0% 18-22

Staff costs

€129k

-0.8% 18-22

Income taxes

€558

+137.6% 18-22

Debt

€527k

+4.4% 18-22

Debt ≤ 1y

€349k

+19.3% 18-22

Debt > 1y

€174k

-17.5% 18-22

Current ratio

0.65

-37.8% 18-22

Quick ratio

0.22

-57.9% 18-22

Solvency

-96.3%

-200.8% 18-22

Debt / equity

-2.04

+50.6% 18-22

ROE

52.7%

+64.5% 18-22

ROA

-50.7%

-394.9% 18-22

Interest coverage

-6.66

- 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	verkort
Revenue	-
EBITDA	€-84k
Net profit	€-136k
Cash flow	€-95k
Staff costs	€129k
Income taxes	€558
Dividends	-
Total assets	€268k
Equity	€-258k
Debt	€527k
of which ≤ 1y	€349k
of which > 1y	€174k
Working capital	€-124k
Employees (FTE)	3.2

Ratios (computed)

	2022
Current ratio	0.65
Quick ratio	0.22
Working capital ratio	-46.1%
Solvency	-96.3%
Debt / equity	-2.04
Long-term debt ratio	-0.67
Interest coverage	-6.66
Gross margin	-
Net margin	-
ROA	-50.7%
ROE	52.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €43k · 16.0% Current assets €225k · 84.0%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€268k
Fixed assets	21/28	€43k
Tangible fixed assets	22/27	€42k
Financial fixed assets	28	€570
Current assets	29/58	€225k
Stocks & contracts in progress	3	€149k
Amounts receivable within one year	40/41	€46k
Cash & bank	54/58	€23k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€268k
Equity	10/15	€-258k
Contributions / capital	10/11	€19k
Reserves	13	€83k
Accumulated profits (losses)	14	€-360k
Amounts payable	17/49	€527k
Amounts payable after one year	17	€174k
Amounts payable within one year	42/48	€349k
Trade debts payable within one year	44	€181k
Income statement
Gross operating margin	9900	€50k
Operating result	9901	€-126k
Financial income	75	€3k
Financial charges	65	€13k
Result before taxes	9903	€-136k
Income taxes	67/77	€558
Net result for the period	9904	€-136k
Result to be appropriated	9905	€-136k

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Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	MATTHIAS GESQUIERE MAALTEMEERS 84, 9051 1 GENT (SINT-DENIJS-WESTREM)	12-12-2023 → present	Belgian State Gazette

Legal Structure

NACE primary	Groothandel in andere voedingsmiddelen, neg(46389)
Legal form	Private limited company (pre-2019)(015)
Incorporation	30-01-1998
Status	Active
Postal code	9000
First BS signal	27-12-2023
Latest BS signal	17-04-2026

Establishment units 1 location

Kortrijksepoortstraat 82-84, 9000 Gent

de groothandel in elektrische huishoudelijke apparaten

since 19982.085.255.322

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44805E1024/00G000	Flanders	841 m²	1 · 784 m²	20.5 m · 5 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

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

Updates 12 events

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

2026

17-04-2026

Bankruptcy Bankruptcy closure (by liquidation)

Ondernemingsrechtbank Gent, afdeling Gent · KUYLE BV KORTRIJK- SEPOORTSTRAAT 82-84, 9000 GENT · event 14-04-2026

2023

27-12-2023

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Gent · KUYLE BV KORTRIJKSEPOORT- STRAAT 82-8, 9000 GENT · event 12-12-2023

20-07-2023