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PURE KWAN

Active
Private limited companyfounded 2019active for 6 yearsStallestraat 15, 1180 Ukkel, BelgiumKBO/BCE: BE 0736.617.307
Summary

PURE KWAN has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,273 and a net result of -€9,519. Equity is shrinking by about 22% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. Its solvency ranks better than 20% of 15,653 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Other legal services
NACE 69109
1 site
Size
€125,830total assets 2025
Equity
€25,273
Loss
-€9,519
Turnover not published (micro format)
Financial health
80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Holdings
1
Accounts filed 24 days late0 of 2 deeds read
Why 80raises riskLiquidity: current ratio 1.14, cash €1,187Loss of €9,519, the second in a row (financial year 2025)lowers riskSector: Legal and accounting activities (NACE 69)Size: total assets €125,830Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 11% of its sector peers (NACE 69, micro)
Financial strength · tick = 2024
Weak
Solvency 45-16
equity 20.1% of total assets
Liquidity 10-23
short-term debt 76.3% · cash 0.9%
Profitability 9+9
return on assets -7.6%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,037 companies, NACE 69, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.7%▲ +0.3 percentage points vs 01-2025 03-2025: 0.4%▼ -0.3 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.5%▲ +0.1 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.8%▲ +0.3 percentage points vs 01-2026highest value 03-2026: 0.3%▼ -0.5 percentage points vs 02-2026lowest value 04-2026: 0.3%● unchanged vs 03-2026lowest value 05-2026: 0.3%● unchanged vs 04-2026lowest value 06-2026: 0.3%● unchanged vs 05-2026lowest value 07-2026: 0.3%● unchanged vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.14, compared with 1.41 in 2024, below the usual 1.5; short-term debt: 76.3% and cash: 0.9% of total assets), and 79.9% 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 69, micro): better than 23% on solvency, 2% on liquidity, 4% on profitability and 16% on growth.

The bankruptcy probability was computed on 18-10-2026 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

Seven signals.
lowers riskraises riskneutral
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
raises risk · Liquidity: current ratio 1.14, cash €1,187
NBB · annual accounts
lowers risk · Size: total assets €125,830
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €9,519, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
2122232425
2021 to 2025 · latest year -€9,519
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 15653 sector peers (2025).
NBB · sector comparison
Position among 15653 sector peers
Solvency
better than 20%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-02-2026, 24 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 · 5 filings
Deviation from the deadline
2025
24 days late
2024
3 days late
2023
on the day
2022
10 days late
2021
14 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 10 days after the deadline; the sector median (NACE 69) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 10 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end18-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€15,442

Key points

  • Risk: 4 loss-making years in a rowloss financial year 2025 -€9,519 View
  • Caution: Among the weakest 5% on net resultsector median €37,479 · 15,656 companies -€9,519 View
  • Total assets 20255 financial years filed €125,830 View

By topic

Financials

Financial year
2025
Total assets
€125,830
Loss
-€9,519
Solvency
20.1%
Total assets▲ 31.8%
Net result
20212025
Go to Financials

Timeline

Events
6
Since
2022
Next accounts
by 31-01-2027
  1. 31-01-2024Annual accounts filed
  2. 10-02-2023Annual accounts filed
  3. 14-02-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other legal servicesNACE 69109
Founded
21-10-2019
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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