KYLH DEVELOPMENT

Active

Private limited companyfounded 20215 yrs activeMariemontkaai 17, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0762.649.533

KYLH DEVELOPMENT has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88k and a net result of €2k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 83% of 13898 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

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Checked score

Score 2025

94 / 100

Excellent▲ +47 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability14▲+14

Solvency100▲+39

Growth78=

Stability94

Bankruptcy probability, 12 months

1.2% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €8k at 30 days acceptable

Liquidity ample (current ratio 3.79 against 1.42 in 2024), and 23.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Sector 68

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

76.2%

Return on assets

2.2%

Age of the figures

14 mo

Filed after the deadline

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-02-2026, 18 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 · 4 filings

Deviation from the deadline

2025

18 d late

2024

28 d late

2023

274 d late

2021

96 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

30-06-2026 close13-09-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity

€88k▲ 2.9%

2024 · €85k

2021: €42k 2023: €88k 2024: €85k

2021 → 2025

Total assets

€115k▼ 55.6%

2024 · €260k

2021: €473k 2023: €420k 2024: €260k

2021 → 2025

Net result

€2k

2024 · €-3k

2021: €-8k 2023: €46k 2024: €-3k

2021 → 2025

Working capital

€77k▲ 3.8%

2024 · €74k

2021: €42k 2023: €88k 2024: €74k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202320242025Trend

Equity€42k-€88k▲ 109%€85k▼ 3.2%€88k▲ 2.9%

Operating result€-2k-€68k€-4k€2k

Net result€-8k-€46k€-3k€2k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €2k after a loss of €4k in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €115k

10%

90.2%

Fixed assets €11k▼ 2.5%

Current assets €104k▼ 58.1%

Equity and liabilities €115k

76.2%

23.8%

Equity €88k▲ 2.9%

Debt €27k▼ 84.3%

The debt ratio falls from 67.1% to 23.8%: equity grows while debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€2k

Cash flow

€3k

Solvency

76.2%▲

2024 · 32.9%

Current ratio

3.79▲

2024 · 1.42

Quick ratio

3.79▲

2024 · 1.42

Debt / equity

0.31▼

2024 · 2.04

ROE

2.8%▲

2024 · -3.3%

ROA

2.2%▲

2024 · -1.1%

Interest coverage

6.68

Debt

€27k▼

2024 · €175k

Debt ≤ 1 year

€27k▼

2024 · €175k

Income taxes

€228

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€260k€115k▼

Fixed assets21/28€12k€11k▼

Tangible fixed assets22/27€12k€11k▼

Land and buildings22€12k€11k▼

Current assets29/58€248k€104k▼

Amounts receivable after more than one year29€37k€38k▲

Other amounts receivable291€37k€38k▲

Amounts receivable within one year40/41€41k€66k▲

Trade receivables40€25k€30k▲

Other amounts receivable41€16k€36k▲

Cash at bank and in hand54/58€171k€159▼

Equity and liabilities

Total equity and liabilities10/49€260k€115k▼

Equity10/15€85k€88k▲

Contributions10/11€50k€50k=

Profit (loss) carried forward14€35k€38k▲

Amounts payable17/49€175k€27k▼

Amounts payable within one year42/48€175k€27k▼

Trade debts44€162k€26k▼

Suppliers440/4€162k€26k▼

Taxes, remuneration and social security45€13k€434▼

Taxes450/3€13k€434▼

Other amounts payable47/48-€1k

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€290

Non-recurring operating charges66A-€25k

Gross operating margin9900€-4k€27k▲

Operating profit (loss)9901€-4k€2k▲

Financial income75/76B€1k€1k▲

Recurring financial income75€1k€1k▲

Financial charges65/66B€108€336▲

Recurring financial charges65€108€336▲

Profit (loss) for the period before taxes9903€-3k€3k▲

Income taxes67/77-€228

Profit (loss) for the period9904€-3k€2k▲

Profit (loss) for the period to be appropriated9905€-3k€2k▲

Appropriation of the result

Profit (loss) to be appropriated9906€35k€38k▲

Profit (loss) brought forward from the previous period14P€38k€35k▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

Next filing, fiscal year 2026, expected by 31-01-2027

2026

18-02

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 18 days late

2025

30-06

Financial Back to profitnet €2k

Net result €2k after one loss-making year.

30-06

Financial Liquidity triplescurrent ratio 3.79

Current ratio from 1.42 to 3.79; short-term debt falls from €175k to €27k.

28-02

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 28 days late

2024

31-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 274 days late

2023

30-06

Financial Back to profitnet €46k

Net result €46k after one loss-making year.

2022

04-11

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 96 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2024

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

29-11-2024 Resigned as Director

Location & real-estate footprint

Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Mariemontkaai 171080 Sint-Jans-Molenbeek

Ground area

3,500 m²

Building footprint

2,652 m²

Volume, LiDAR