KZ CONCEPT
ActiveThe computed 12-month bankruptcy probability of KZ CONCEPT is 3.9% (moderate). The 2024 annual accounts show equity of €50k and a net result of €12k. Equity is growing by ~39.2% per year across the filed fiscal years. Its solvency ranks better than 93% of 9982 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
100
/ 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+17
Solvency100=
Growth78=
Stability94
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 6.38 against 2.65 in 2023), and 13% 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-04-2026, 260 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
260 d late
2023
23 d early
2022
28 d late
2021
85 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€50k▲ 30.8%
2023 · €38k
2021: €3k
2022: €32k
2023: €38k
2021 → 2024
Total assets
€58k▲ 8.4%
2023 · €53k
2021: €28k
2022: €49k
2023: €53k
2021 → 2024
Net result
€12k▲ 85.5%
2023 · €6k
2021: €555
2022: €29k
2023: €6k
2021 → 2024
Working capital
€40k▲ 64.4%
2023 · €25k
2021: €-16k
2022: €18k
2023: €25k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€3k-€32k▲ 948%€38k▲ 19.9%€50k▲ 30.8%
Operating result€568-€36k▲ 6,163%€8k▼ 77.0%€15k▲ 84.3%
Net result€555-€29k▲ 5,115%€6k▼ 78.0%€12k▲ 85.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 84% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €58k
Fixed assets
€10k▼ 28.4%
Current assets
€48k▲ 21.3%
Equity and liabilities €58k
Equity
€50k▲ 30.8%
Debt
€7k▼ 49.6%
The debt ratio falls from 27.9% to 13.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€22k▲
2023 · €11k
Cash flow
€19k▲
2023 · €9k
Solvency
87.0%▲
2023 · 72.1%
Current ratio
6.38▲
2023 · 2.65
Quick ratio
6.38▲
2023 · 2.65
Debt / equity
0.15▼
2023 · 0.39
ROE
23.6%▲
2023 · 16.6%
ROA
20.5%▲
2023 · 12.0%
Interest coverage
88.22▲
2023 · 42.65
Debt
€7k▼
2023 · €15k
Debt ≤ 1 year
€7k▼
2023 · €15k
Income taxes
€3k▲
2023 · €2k
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€53k€58k▲
Fixed assets21/28€14k€10k▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€14k€10k▼
Plant, machinery and equipment23€14k€10k▼
Current assets29/58€39k€48k▲
Amounts receivable within one year40/41€34k€39k▲
Trade receivables40€12k€28k▲
Other amounts receivable41€22k€11k▼
Cash at bank and in hand54/58€4k€8k▲
Deferred charges and accrued income490/1€812€481▼
Equity and liabilities
Total equity and liabilities10/49€53k€58k▲
Equity10/15€38k€50k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€36k€48k▲
Amounts payable17/49€15k€7k▼
Amounts payable within one year42/48€15k€7k▼
Trade debts44€7k€2k▼
Suppliers440/4€7k€2k▼
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€6k€3k▼
Other amounts payable47/48€2k€3k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€7k▲
Other operating charges640/8€223€716▲
Gross operating margin9900€11k€23k▲
Operating profit (loss)9901€8k€15k▲
Financial income75/76B€43€4▼
Recurring financial income75€43€4▼
Financial charges65/66B€248€254▲
Recurring financial charges65€248€254▲
Profit (loss) for the period before taxes9903€8k€15k▲
Income taxes67/77€2k€3k▲
Profit (loss) for the period9904€6k€12k▲
Profit (loss) for the period to be appropriated9905€6k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€48k▲
Profit (loss) brought forward from the previous period14P€30k€36k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 260 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 6.38
Current ratio from 2.65 to 6.38; short-term debt falls from €15k to €7k.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Highest result since 2021net €29k ▲5115%
Operating result €36k, net result €29k, both a record.
31-12
Financial
Liquidity times 6current ratio 2.26
Current ratio from 0.36 to 2.26; short-term debt falls from €24k to €14k.
24-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 85 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ukkel
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.
Frambozenstruikstraat 141180 UkkelGround area
307 m²
Building footprint
207 m²
Volume, LiDAR
1,168 m³
Parcel 21612C0149/00F002, Brussels · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0149/00F002 | Brussels | 307 m² | 1 · 207 m² | 11.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
JRO BUILD
BE 1019.196.915
Sint-Agatha-Berchem · Eq €50k
JH-Technical
BE 0789.440.537
Bilzen-Hoeselt · Eq €50k
PRO ESTATE SERVICES
BE 0805.227.484
Ukkel · Eq €50k
ELITEAMS
BE 0786.295.559
Wemmel · Eq €50k
Dieter Mondy Services
BE 0726.514.855
Zwevegem · Eq €50k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 12,930 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-04-2021
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 4 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.
Contact details
1 entryE-mail:kristofzedzian@gmail.com