KY BUILD
ActiveThe computed 12-month bankruptcy probability of KY BUILD is 2.3% (moderate). The 2024 annual accounts show equity of €71k and a net result of €-15k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 38% of 2438 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-1
Solvency66▼-19
Growth52=
Stability100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 3.01 in 2023), but 65.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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 2024Solvency, return and age of the figures
Solvency
34.8%
Return on assets
-7.4%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
69 d late
2023
65 d late
2022
17 d early
2021
25 d late
2020
16 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€71k▼ 17.5%
2023 · €86k
2020: €59k
2021: €61k
2022: €86k
2023: €86k
2020 → 2024
Total assets
€205k▼ 3.2%
2023 · €212k
2020: €98k
2021: €260k
2022: €261k
2023: €212k
2020 → 2024
Net result
€-15k
2023 · €117
2020: €53k
2021: €2k
2022: €25k
2023: €117
2020 → 2024
Working capital
€15k▼ 41.2%
2023 · €25k
2020: €43k
2021: €553
2022: €17k
2023: €25k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€59k-€61k▲ 3.6%€86k▲ 40.9%€86k▲ 0.1%€71k▼ 17.5%
Operating result€66k-€4k▼ 94.5%€34k▲ 835%€4k▼ 89.2%€-11k
Net result€53k-€2k▼ 96.0%€25k▲ 1,089%€117▼ 99.5%€-15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €11k after €4k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €205k
Fixed assets
€161k▼ 7.5%
Current assets
€44k▲ 17.0%
Equity and liabilities €205k
Equity
€71k▼ 17.5%
Debt
€134k▲ 6.7%
The debt ratio rises from 59.1% to 65.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€2k▼
2023 · €17k
Cash flow
€-2k▼
2023 · €13k
Solvency
34.8%▼
2023 · 40.9%
Current ratio
1.51▼
2023 · 3.01
Quick ratio
1.20▼
2023 · 2.30
Debt / equity
1.87▲
2023 · 1.45
ROE
-21.2%▼
2023 · 0.1%
ROA
-7.4%▼
2023 · 0.1%
Interest coverage
0.38▼
2023 · 4.72
Debt
€134k▲
2023 · €125k
Debt ≤ 1 year
€29k▲
2023 · €12k
Debt > 1 year
€105k▼
2023 · €113k
Income taxes
€29
Staff costs
€20k▲
2023 · €384
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€212k€205k▼
Fixed assets21/28€174k€161k▼
Tangible fixed assets22/27€174k€161k▼
Land and buildings22€158k€154k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€12k€5k▼
Current assets29/58€37k€44k▲
Stocks and contracts in progress3€9k€9k=
Stocks30/36€9k€9k=
Amounts receivable within one year40/41€19k€30k▲
Trade receivables40€4k€11k▲
Other amounts receivable41€15k€20k▲
Cash at bank and in hand54/58€9k€5k▼
Deferred charges and accrued income490/1€1k€37▼
Equity and liabilities
Total equity and liabilities10/49€212k€205k▼
Equity10/15€86k€71k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€80k€65k▼
Amounts payable17/49€125k€134k▲
Amounts payable after more than one year17€113k€105k▼
Financial debts170/4€113k€105k▼
Amounts payable within one year42/48€12k€29k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Taxes, remuneration and social security45-€9k
Taxes450/3-€5
Remuneration and social security454/9-€9k
Other amounts payable47/48-€5k
Income statement
Code20232024
Remuneration, social security and pensions62€384€20k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k▲
Other operating charges640/8€6k€6k▼
Gross operating margin9900€23k€28k▲
Operating profit (loss)9901€4k€-11k▼
Financial income75/76B-€904
Recurring financial income75-€904
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€117€-15k▼
Income taxes67/77-€29
Profit (loss) for the period9904€117€-15k▼
Profit (loss) for the period to be appropriated9905€117€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€80k€65k▼
Profit (loss) brought forward from the previous period14P€80k€80k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-12
Financial
Weakest financial yearnet €-15k ▼12977%
Net result drops to €-15k, the lowest in the series.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 3.01
Current ratio from 1.41 to 3.01; short-term debt falls from €42k to €12k.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Tienen · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Leuvensestraat 1313300 TienenGround area
560 m²
Building footprint
463 m²
Volume, LiDAR
2,680 m³
2 parcels, Flanders, Wallonia · tallest building 11.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CK WELD
since 20192.296.168.459
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24593G0715/00A000 | Flanders | 401 m² | 1 · 375 m² | 11.8 m · 2 fl. |
| 62113B0548/00B002 | Wallonia | 158 m² | 1 · 88 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Van de Belder
BE 0675.585.796
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SKY STEIGERS
BE 0735.941.077
Zedelgem · Eq €72k
MARCANTIQUE
BE 1006.093.601
Bilzen-Hoeselt · Eq €72k
TILMAN CONCEPTION
BE 0804.429.611
Clavier · Eq €72k
DEJOCO
BE 0640.901.863
Harelbeke · Eq €71k
Of 3,964 companies in sector 25110 we hold annual accounts for 2,133. 1,532 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-11-2019
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
43320Joinery installation
25120Manufacture of fabricated metal products, except machinery and equipment
25530Machining of metals
46620Wholesale of machine tools
46841Wholesale trade
47522Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.