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SERVICES KASEM

Active
Private limited companyfounded 20242 yrs activeOude Heerweg 2, 9160 Lokeren, BelgiumKBO/BCE: BE 1004.423.617
Summary

The computed 12-month bankruptcy probability of SERVICES KASEM is 12.3% (high). The 2024 annual accounts show equity of €12,239 and a net result of €2,239. The company has been active since 2024 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
Axes
Profitability75
Solvency51
Growth-
Track record59
Bankruptcy probability, 12 months
12.3% High
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.84; short-term debt: 74.2% and cash: 17.1% of total assets), and 74.2% of the assets are financed with debt.
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Signals

Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
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 2024
Solvency, return and age of the figures
Solvency
25.8%
Return on assets
4.7%
Age of the figures
21 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 29-08-2025, 29 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 · 1 filing
Deviation from the deadline
2024
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its 2024 accounts 29 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 9 January 2024, SERVICES KASEM was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€12,239
Total assets
€47,432
Net result
€2,239
Working capital
-€5,575

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

Balance-sheet composition
Assets €47,432
Fixed assets €17,814
Current assets €29,619
Equity and liabilities €47,432
Equity €12,239
Debt €35,193
Debt finances 74.2% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€7,159
Cash flow
€7,098
Current ratio
0.84
Debt to equity
2.88
ROE
18.3%
ROA
4.7%
Interest coverage
117.75
Debt ≤ 1 year
€35,193

Peer companies

Historical observation

Of the 2,541 companies that looked in July 2024 the way this one looks now, 3.3% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
3.3% went bankrupt
1.1% stopped otherwise
95% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 12.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 2,541 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 29 lines
Balance sheet Code2024
Assets
Total assets20/58€47,432
Fixed assets21/28€17,814
Tangible fixed assets22/27€17,814
Furniture and vehicles24€17,814
Current assets29/58€29,619
Amounts receivable within one year40/41€21,500
Trade receivables40€9,837
Other amounts receivable41€11,663
Cash at bank and in hand54/58€8,119
Equity and liabilities
Total equity and liabilities10/49€47,432
Equity10/15€12,239
Contributions10/11€10,000
Profit (loss) carried forward14€2,239
Amounts payable17/49€35,193
Amounts payable within one year42/48€35,193
Trade debts44€6,986
Suppliers440/4€6,986
Other amounts payable47/48€28,207
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,859
Other operating charges640/8€828
Non-recurring operating charges66A€4,295
Gross operating margin9900€12,282
Operating profit (loss)9901€2,300
Financial charges65/66B€61
Recurring financial charges65€61
Profit (loss) for the period before taxes9903€2,239
Profit (loss) for the period9904€2,239
Profit (loss) for the period to be appropriated9905€2,239
Appropriation of the result
Profit (loss) to be appropriated9906€2,239

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,859
Other operating charges640/8€828
Non-recurring operating charges66A€4,295
Gross operating margin9900€12,282
Operating profit (loss)9901€2,300
Financial charges65/66B€61
Recurring financial charges65€61
Profit (loss) for the period before taxes9903€2,239
Profit (loss) for the period9904€2,239
Profit (loss) for the period to be appropriated9905€2,239
Line2024
Assets
Total assets20/58€47,432
Fixed assets21/28€17,814
Tangible fixed assets22/27€17,814
Furniture and vehicles24€17,814
Current assets29/58€29,619
Amounts receivable within one year40/41€21,500
Trade receivables40€9,837
Other amounts receivable41€11,663
Cash at bank and in hand54/58€8,119
Equity and liabilities
Total equity and liabilities10/49€47,432
Equity10/15€12,239
Contributions10/11€10,000
Profit (loss) carried forward14€2,239
Amounts payable17/49€35,193
Amounts payable within one year42/48€35,193
Trade debts44€6,986
Suppliers440/4€6,986
Other amounts payable47/48€28,207
Line2024
Profit (loss) for the period9904€2,239
+ Depreciation and write-downs630€4,859
Operating cash flow (approximation)€7,098

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
28-04
KBO administration Address struck
event 14-03-2026
2025
29-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
SignalNBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Lokeren · 2 establishment units since 2024
seat establishment approximate All 2 establishment units on the map
Ground area
8,924 m²
Building footprint
1,538 m²
Volume, LiDAR
21,309 m³
3 parcels, Brussels, Flanders · tallest building 22.1 m, ±6 floors. Linked by address, not a title deed.
59 companies at this address See who is registered here
2 establishment units
SERVICES KASEM
On-demand passenger transport by chauffeured vehicle
since 20242.355.470.103
SERVICES KASEM
Pottengoedstraat 1, 1070 AnderlechtNon-scheduled passenger transport by road
since 20242.355.703.693
3 parcels
Flanders 2 (66.7%) Brussels 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
21304B0173/00A004 Brussels 7,721 m² 1 · 1,034 m² 22.1 m · 6 fl.
46014A0531/00L004 Flanders 682 m² 1 · 180 m² 8.0 m · 2 fl.
22006A0114/00P000 Flanders 520 m² 1 · 325 m² 14.8 m · 3 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded09-01-2024
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:1004423617
Registered 05-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.