Skip to content

Kwetu Services

Active
Private limited companyfounded 2023active for 3 yearsGrotestraat 17, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0802.544.940
Summary

The computed 12-month bankruptcy probability of Kwetu Services is 4.5% (elevated). The 2025 annual accounts show equity of €44,550 and a net result of €30,061. Its solvency ranks better than 80% of 5,822 sector peers (NACE 49, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
Kwetu ServicesActiveChecked score 42/100
Risk analysis ReportCompare

Overview

Activity
On-demand passenger transport by chauffeured vehicle
NACE 49330Cafés and bars NACE 56301
1 site
Size
€63,133total assets 2025
Staff
1 FTE
Equity
€44,550
Profit
€30,061
Turnover not published (micro format)
Financial health
42 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.5%
Structure
2025 accounts filed 60 days late1 of 2 deeds summarised
Why 42raises riskSize: total assets €63,133Founded in 2023Sector: Land transport and transport via pipelines (NACE 49)Last filed accounts filed 60 days late; 2 of the last 3 lateShow the evidence

Checked score

Score 2025
42 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 77% of its sector peers (NACE 49, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 96+29
equity 70.6% of total assets
Liquidity 41+6
short-term debt 29.4% · cash 2.8%
Profitability 100=
return on assets 47.6%
Bankruptcy probability, 12 months
4.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,098 companies, NACE 49, micro)
Last 24 months 11-2024: 4.2%lowest value 12-2024: 4.6%▲ +0.4 percentage points vs 11-2024 01-2025: 5.0%▲ +0.4 percentage points vs 12-2024 02-2025: 5.0%● unchanged vs 01-2025 03-2025: 4.8%▼ -0.2 percentage points vs 02-2025 04-2025: 4.8%● unchanged vs 03-2025 05-2025: 5.1%▲ +0.3 percentage points vs 04-2025 06-2025: 5.3%▲ +0.2 percentage points vs 05-2025 07-2025: 5.3%● unchanged vs 06-2025 08-2025: 5.3%● unchanged vs 07-2025 09-2025: 5.3%● unchanged vs 08-2025 10-2025: 5.3%● unchanged vs 09-2025 11-2025: 5.3%● unchanged vs 10-2025 12-2025: 5.2%▼ -0.1 percentage points vs 11-2025 01-2026: 5.1%▼ -0.1 percentage points vs 12-2025 02-2026: 5.0%▼ -0.1 percentage points vs 01-2026 03-2026: 5.2%▲ +0.2 percentage points vs 02-2026 04-2026: 5.2%● unchanged vs 03-2026 05-2026: 5.2%● unchanged vs 04-2026 06-2026: 5.2%● unchanged vs 05-2026 07-2026: 5.3%▲ +0.1 percentage points vs 06-2026 08-2026: 5.8%▲ +0.5 percentage points vs 07-2026 09-2026: 6.0%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 4.5%▼ -1.5 percentage points vs 09-2026
Credit of up to €1,500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity ample (current ratio 3.24, compared with 1.72 in 2024, above the usual 1.5; short-term debt: 29.4% and cash: 2.8% of total assets), and 29.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 49, micro): better than 81% on solvency, 40% on liquidity, 94% on profitability and 94% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
raises risk
raises risk · Size: total assets €63,133
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Last filed accounts filed 60 days late; 2 of the last 3 late
NBB · filings
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
60 days late
2024
93 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 77 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% 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.
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Resignation: TUMUKUNDE Alexis (director)Appointment: MUGABO Patrick (director) ·…

Key points

  • Positive: Among the best 19% on net resultsector median €5,724 · 5,793 companies €30,061 View
  • One director decidessole director in office 1 View
  • Total assets 20252 financial years filed €63,133 View

By topic

Financials

Financial year
2025
Total assets
€63,133
Profit
€30,061
Solvency
70.6%
Total assets▲ 82.8%
Net result
20242025
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
On-demand passenger transport by chauffeured vehicleNACE 49330
Founded
08-06-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Kwetu Services

What is the company number of Kwetu Services?
0802.544.940. In Belgium the VAT number is the company number with BE in front: BE 0802.544.940.
Where is Kwetu Services based?
The registered office is at Grotestraat 17, 9500 Geraardsbergen.Company details
What does Kwetu Services do?
According to the KBO register, the main activity is on-demand passenger transport by chauffeured vehicle (NACE 49330).
What is the legal form of Kwetu Services?
Private limited company (BV).
When was Kwetu Services founded?
On 08-06-2023.
Is Kwetu Services still active?
Yes, Kwetu Services is an active enterprise in the KBO register.
How many employees does Kwetu Services have?
On average 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Kwetu Services?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Kwetu Services profitable?
In financial year 2025, Kwetu Services made a profit of €30,061.
Where can I find the annual accounts of Kwetu Services?
Kwetu Services filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Kwetu Services due?
By 31-07-2027, for financial year 2026.Timeline

Companies related to Kwetu Services

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure