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KW Parts

Active
Public limited companyfounded 1994active for 31 yearsEngelse Wandeling(Kor) 2, 8500 Kortrijk, Belgium135 active companies are registered at this addressKBO/BCE: BE 0453.881.311

From the official registers: KBO 31 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

KW Parts has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €52,189. Equity has been growing by about 2.8% per year since 2018. Its solvency ranks better than 95% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 28-11-1994 Normal situation
Legal form
Public limited company
Registered office
Engelse Wandeling(Kor) 2, 8500 Kortrijk
Activity
Wholesale of motor vehicle parts and accessories NACE 46720and 1 other
Establishment unit
2.070.041.465 8500 Kortrijk, since 30-01-1995
Financial year end
31 December
Peppol
Reachable since 26-12-2025

Board and ownership

Board
Shareholders

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€301,695
▲ 6.1%
Turnover
≈ €1.6m
estimated
Profit
€52,189
▼ 18.0%
Equity
€1.4m
▲ 3.7%
Total assets
€1.5m
▲ 2.8%
Staff
4 FTE
▼ 4.8%
2025 accounts filed 25 days before the deadline
Filed on 06-07-2026at the National Bank
Score breakdownraises risk1 of the last 3 accounts latelowers riskEquity €1.4m (94.7% of total assets)Founded in 1994Liquidity: current ratio 21.89, cash €205,868Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 63% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 94.7% of total assets
Liquidity 67-15
short-term debt 4.6% · cash 13.5%
Profitability 46-2
return on assets 3.4%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.3%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%▲ +0.2 percentage points vs 09-2025highest value 11-2025: 0.1%▼ -0.4 percentage points vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €130,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 21.89 (21.49 in 2024), above the usual 1.5. Short-term debt is 4.6% and cash 13.5% of total assets. 5.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 46, micro). It does better than 90% of them on solvency, 72% on liquidity, 36% on profitability and 52% on growth.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Equity €1.4m (94.7% of total assets)
NBB · annual accounts
lowers risk · Founded in 1994
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 21.89, cash €205,868
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
25 days early
2024
74 days late
2023
10 days late
2022
42 days late
2021
11 days early
2020
22 days early
2019
4 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 10 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 August (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in wholesale tradesector median 45.2% · 6,167 companies 94.7% View
  • Positive: 5 profitable years in a rowprofit 2025: €52,189 5 years View

Documents

Annual accounts at the NBB

All 31 annual accounts

Articles and registers

Key facts about KW Parts

What is the company number of KW Parts?
The company number of KW Parts is 0453.881.311. The VAT number is the same number with BE in front: BE 0453.881.311.
Where is KW Parts based?
The registered office is at Engelse Wandeling(Kor) 2, 8500 Kortrijk.Company details
What does KW Parts do?
According to the KBO register, the main activity is wholesale of motor vehicle parts and accessories (NACE 46720).
What is the legal form of KW Parts?
The legal form of KW Parts is Public limited company (NV).
When was KW Parts founded?
KW Parts was founded on 28-11-1994.
Is KW Parts still active?
Yes, KW Parts is an active enterprise in the KBO register.
How many employees does KW Parts have?
KW Parts had an average of 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of KW Parts?
The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €301,695 and 141 comparable companies (NACE 46). It probably lies between €980,000 and €2.6m. In financial year 2019 turnover was €439,306.
Is KW Parts profitable?
In financial year 2025, KW Parts made a profit of €52,189.
Where can I find the annual accounts of KW Parts?
KW Parts filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of KW Parts due?
KW Parts must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as KW Parts: wholesale of motor vehicle parts and accessories (NACE 46720). They are comparable in size and age: total assets between €1m and €1.8m, founded between 1990 and 1996.

CompanyTotal assetsGross margin
KW Parts Kortrijk€1.5m€0.3m
AUTOMECANO Oostende€1.2m€0.3m
TROPIC INTERPORT Etterbeek€1.3m€0.3m
SARRI Hamois€1.8m€0.4m
Etablissementen Grauwen Tongeren-Borgloon€1.2m€0.2m
Delta Logistics Herstal€1.6m€0.2m
CHAVATTE Ninove€1.0m€0.3m
Full comparison

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