KYORO FULL STACK
ActiveSummary
KYORO FULL STACK has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32,498 and a net result of €12,038. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 77% of 21,099 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €32,498
- Profit
- €12,038
Why 98lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 4.99, cash €19,092, halvedEquity €32,498 (81.9% of total assets)Figures for financial year 2025 (filed 01-09-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 62, micro): better than 85% on solvency, 84% on liquidity, 82% on profitability and 82% on growth.
The bankruptcy probability was computed on 28-10-2026 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).
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Signals
This company filed its last 7 accounts on average 24 days before the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity more than triplescurrent ratio 4.99
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2025 annual accounts filed late (30 days) Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00474882.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 72% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,693 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,029 | €2,323 | €2,285 | €2,164 | €2,318 | €1,681 | €1,337 | €2,686 | ▲ 101% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | - | €49,869 | - |
| Other operating charges640/8 | - | - | - | - | - | - | - | €454 | - |
| Gross operating margin9900 | €56,824 | €38,731 | €53,371 | €12,564 | €27,729 | €2,280 | €59,191 | €69,254 | ▲ 17.0% |
| Operating profit (loss)9901 | €53,796 | €25,898 | €51,086 | €10,401 | €25,412 | €599 | €57,854 | €16,245 | ▼ 71.9% |
| Financial income75/76B | - | - | - | €2 | - | €59 | €114 | €18 | ▼ 84.2% |
| Recurring financial income75 | €1,103 | €0 | - | €2 | - | €59 | €40 | €18 | ▼ 54.8% |
| Non-recurring financial income76B | - | - | - | €2 | - | - | €75 | - | - |
| Financial charges65/66B | - | - | - | €315 | €272 | €366 | €454 | €327 | ▼ 27.9% |
| Recurring financial charges65 | €315 | €4,176 | €118 | €266 | €271 | €363 | €313 | €327 | ▲ 4.4% |
| Non-recurring financial charges66B | - | - | - | €49 | €1 | €3 | €141 | - | - |
| Profit (loss) for the period before taxes9903 | €54,583 | €21,722 | €50,918 | €10,088 | €25,140 | €292 | €57,514 | €15,935 | ▼ 72.3% |
| Income taxes67/77 | €12,036 | €5,215 | €11,092 | €2,760 | €5,791 | €372 | €12,358 | €3,898 | ▼ 68.5% |
| Profit (loss) for the period9904 | €42,547 | €16,507 | €39,826 | €7,327 | €19,349 | -€79 | €45,156 | €12,038 | ▼ 73.3% |
| Profit (loss) for the period to be appropriated9905 | €42,547 | €16,507 | €39,826 | €7,327 | €19,349 | -€79 | €45,156 | €12,038 | ▼ 73.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €95,401 | €43,324 | €79,523 | €38,984 | €49,141 | €26,953 | €77,441 | €39,670 | ▼ 48.8% |
| Fixed assets21/28 | €7,134 | €6,284 | €6,260 | €5,542 | €4,014 | €2,333 | €2,273 | €3,850 | ▲ 69.4% |
| Tangible fixed assets22/27 | €7,134 | €6,284 | €6,260 | €5,542 | €4,014 | €2,333 | €2,273 | €3,850 | ▲ 69.4% |
| Plant, machinery and equipment23 | - | - | - | €2,694 | €1,935 | €773 | €1,233 | €2,103 | ▲ 70.5% |
| Furniture and vehicles24 | - | - | - | €249 | - | - | - | - | - |
| Other tangible fixed assets26 | - | - | - | €2,599 | €2,079 | €1,559 | €1,040 | €1,747 | ▲ 68.0% |
| Current assets29/58 | €88,267 | €37,040 | €73,263 | €33,442 | €45,128 | €24,620 | €75,168 | €35,820 | ▼ 52.3% |
| Stocks and contracts in progress3 | - | - | - | - | - | - | €5,013 | €5,013 | = |
| Stocks30/36 | - | - | - | - | - | - | €5,013 | €5,013 | = |
| Amounts receivable within one year40/41 | €29,727 | €23,238 | €13,544 | €11,200 | €9,923 | €1,109 | €19,982 | €11,715 | ▼ 41.4% |
| Trade receivables40 | - | - | - | €11,200 | €9,720 | - | €18,550 | €9,681 | ▼ 47.8% |
| Other amounts receivable41 | - | - | - | - | €203 | €1,109 | €1,432 | €2,035 | ▲ 42.1% |
| Cash at bank and in hand54/58 | €58,540 | €13,802 | €59,479 | €22,242 | €34,749 | €22,979 | €50,173 | €19,092 | ▼ 61.9% |
| Deferred charges and accrued income490/1 | - | - | - | - | €455 | €532 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €95,401 | €43,324 | €79,523 | €38,984 | €49,141 | €26,953 | €77,441 | €39,670 | ▼ 48.8% |
| Equity10/15 | €8,060 | €20,460 | €20,460 | €20,460 | €20,460 | €20,381 | €20,460 | €32,498 | ▲ 58.8% |
| Contributions10/11 | €6,200 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | - | - | - | - | - | -€79 | - | €12,038 | - |
| Amounts payable17/49 | €87,341 | €22,864 | €59,063 | €18,524 | €28,681 | €6,572 | €56,981 | €7,173 | ▼ 87.4% |
| Amounts payable within one year42/48 | €87,021 | €22,544 | €58,735 | €17,884 | €27,721 | €6,572 | €56,981 | €7,173 | ▼ 87.4% |
| Trade debts44 | €5,932 | €817 | €1,531 | €54 | €1,516 | €1,935 | €3,481 | €3,264 | ▼ 6.2% |
| Suppliers440/4 | - | - | - | €54 | €1,516 | €1,935 | €3,481 | €3,264 | ▼ 6.2% |
| Taxes, remuneration and social security45 | - | - | - | €9,437 | €5,791 | €3,572 | €7,108 | €3,908 | ▼ 45.0% |
| Taxes450/3 | - | - | - | €9,311 | €5,791 | €372 | €3,908 | €3,908 | = |
| Remuneration and social security454/9 | - | - | - | €126 | - | €3,200 | €3,200 | - | - |
| Other amounts payable47/48 | - | - | - | €8,393 | €20,414 | €1,065 | €46,391 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €640 | €960 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €42,547 | €16,507 | €39,826 | €7,327 | €19,349 | -€79 | €45,156 | €12,038 | ▼ 73.3% |
| + Depreciation and write-downs630 | €3,029 | €2,323 | €2,285 | €2,164 | €2,318 | €1,681 | €1,337 | €2,686 | ▲ 101% |
| Operating cash flow (approximation) | €45,576 | €18,829 | €42,111 | €9,491 | €21,667 | €1,602 | €46,493 | €14,724 | ▼ 68.3% |
| Investment in fixed assets (approximation) | - | -€1,472 | -€2,261 | -€1,446 | -€789 | €0 | -€1,277 | -€4,263 | ▼ 234% |
| Change in cash | - | -€44,738 | €45,677 | -€37,237 | €12,507 | -€11,770 | €27,193 | -€31,081 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-08-2026 | 2026-00474882 |
| 31-12-2024 | micro format | 01-04-2025 | 2025-00064130 |
| 31-12-2023 | micro format | 28-06-2024 | 2024-00188756 |
| 31-12-2022 | micro format | 16-08-2023 | 2023-00333137 |
| 31-12-2021 | micro format | 04-08-2022 | 2022-20277088 |
| 31-12-2020 | micro format | 02-07-2021 | 2021-30500136 |
| 31-12-2019 | micro format | 29-06-2020 | 2020-22900081 |
| 31-12-2018 | micro format | 28-06-2019 | 2019-25500327 |
| 31-12-2017 | micro format | 02-07-2018 | 2018-27800399 |
| 31-12-2016 | micro format | 29-06-2017 | 2017-24200074 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| RUSSEL, Alexandre |
|
Owners and capital
Capital and shareholders
- 28-09-2023 Converted to unavailable equity · €20,460
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
28-09
Gazette deed
Resignation: RUSSEL, Alexandre (manager)Appointment: RUSSEL, Alexandre (director) · Amendment of the articles · Capital conversion10 facts ▸
- General meeting, 21-09-2023
- Other provision, “vrijstelling voorlezing bestuursverslag, ontslaat Voorzitter lezing te geven van verslag van bestuurder” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden van statutenwijziging, opheffing statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
- Director resignation, RUSSEL, Alexandre (manager)
- Director appointment, RUSSEL, Alexandre (director (not named in the articles))
- Director discharge, RUSSEL, Alexandre
- Registered-office move, 3080 Vossem, Smisstraat 75
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24114B0006/00M002 | Flanders | 1,075 m² | 1 · 198 m² | 10.1 m · 2 |
| 24302F0124/00P002 | Flanders | 1,038 m² | 1 · 189 m² | 9.2 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het kopen en verkopen van hardware en software; Het ontwikkelen van software voor industriële en private toepassingen; Het installeren van…” (deed in Dutch)
11 activities (deed in Dutch)
- Het kopen en verkopen van hardware en software;
- Het ontwikkelen van software voor industriële en private toepassingen;
- Het installeren van netwerken software en hardware,en bekabeling;
- Het adviseren en bemiddelen in koop en verkoop van hardware en software;
- De invoer en uitvoer van hardware en software;
- Het kopen en verkopen,in-en uitvoer van bureelbenodigdheden en aanverwante producten;
- De ontwikkeling en hosting van websites;
- Het aanbieden en installeren van internetaansluitingen en-beveiliging;
- Alle activiteiten met betrekking tot handel en verkoop in alle vormen,inclusief online verkoop van alle soorten producten,zowel B2B als B2C;
- Alle activiteiten met betrekking tot de aankoop,groot-en/of detailhandel,import,export,distributie,handel en,in het algemeen,alle commerciële en industriële activiteiten,met inbegrip van de marketing van alle soorten producten;
- Alle activiteiten met betrekking tot de aankoop en verkoop,groot-en detailhandel,van alle goederen,benodigdheden en producten die verband houden met de exploitatie van een import-exportbedrijf.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- KYORO FULL STACK
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)“Bestuursbevoegdheid, behalve deze die wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s),naar evenredigheid aantal bij meerdere kopers,voor procedure- en expertisekosten, elke overdracht onder…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen-recht van voorkeur, bestaande aandeelhouders naar evenredigheid van aantal aandelen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 26 June at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment door algemene vergadering in vormen statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed