Equity
€106,121 ▲ 31.6%
KK MANAGEMENT has made a profit without a break since 2021.
KK MANAGEMENT
Lifetime
11 annual accounts with figures on one time axispeak €137,372 (2017)
€55,205▼ 21.2%
lowest -€108,192 (2020)
€25,471▼ 22.3%
peak €106,121 (2025)
€106,121▲ 31.6%
€335,124▲ 208%
peak 1.6 FTE (2017)
-not published
Board3 names since 2019
1 directorWILBERS Kevin
Owners
Documentsfilings and deeds
03-08-20263 days late
2025micro format
Gross margin from €70,036 to €55,205Equity from €80,651 to €106,121Debts from €108,725 to €335,124Cash from €15,156 to €50,558
Key points
from the 2025 annual accountsTurnover
≈ €290,000 estimated
The accounts state no turnover.
Debts
€335,124 ▲ 208%
Debts rose by €226,399 in 2025.
Securities
€117,500
Mortgage mandates, new in 2025. 1.1 times equity · not in the 2024 accounts.
Liquidity
4.32 was 1.48 in 2024
Short-term debts rose from €69,187 to €86,309.
Filings
11 annual accounts since 2015
Three of the last ten came late. The 2019 accounts came latest: 67 days after the end of the period.
Checked score
86
Excellent
Financially stronger than 55% of micro companies in construction of buildings (NACE 41)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.7%▲ +0.1 percentage points vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.9%▲ +0.2 percentage points vs 06-2025
08-2025: 1.4%▲ +0.5 percentage points vs 07-2025highest value
09-2025: 0.5%▼ -0.9 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: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.6%▲ +0.1 percentage points vs 03-2026
05-2026: 0.6%● unchanged vs 04-2026
06-2026: 0.5%▼ -0.1 percentage points vs 05-2026
07-2026: 0.6%▲ +0.1 percentage points vs 06-2026
08-2026: 1.2%▲ +0.6 percentage points vs 07-2026
09-2026: 0.3%▼ -0.9 percentage points vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Founded in 2011
Figures for financial year 2025 (filed on 04-08-2026)
Liquidity: current ratio 4.32, cash €50,558
Calculation
The band follows from the bankruptcy probability. 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 41, micro). It does better than 31% of them on solvency, 63% on liquidity, 54% on profitability and 71% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as KK MANAGEMENT has now. Each dot stands for 13 companies, two years later.
95.9%
were still trading
2.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of KK MANAGEMENT itself is lower: 0.3% within 12 months. It rests on far more data about KK MANAGEMENT than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for KK MANAGEMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €9,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.32 (1.48 in 2024), above the usual 1.5. Short-term debt is 19.6% and cash 11.5% of total assets. However, 75.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €106,121
raises risk · 2025 accounts filed 3 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 10 filingsDeviation from the deadline
2025
3 days late
2024
4 days late
2023
39 days early
2022
39 days early
2021
12 days early
2020
16 days early
2019
67 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 5 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0841463221
Company renamed from SOFABBRANDS to KK MANAGEMENT
Change of role: WILBERS Kevin, from manager to director · Resignation: JAM 3 (statutory manager) · Permanent representative: VAN KOUWEN Nathalie · General meeting of 09-08-2022 · Gazette deed
Resignation: Bussé Karen (manager)
Director discharge: Bussé Karen (manager) · General meeting of 21-06-2019 · Gazette deed
First establishment
WM Bouw, Sterrebos 101, Hasselt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KK MANAGEMENT Hasselt | €441,246 | €55,205 | 24.1% | - |
| BOUWONDERNEMING MARIC Hoeselt | €421,638 | €46,849 | 44.8% | - |
| Cruys Marc Algemene Bouwwerken Pelt | €364,553 | €57,840 | 31.1% | - |
| Châssis Deckers Voeren | €535,393 | €59,714 | 41.8% | - |
| AMARANTE Braine-le-Château | €411,572 | €56,035 | 20.5% | - |
| CRISALY Molenbeek-Saint-Jean | €434,781 | €48,869 | 30.8% | - |
| B.A.I.T. Antwerp | €418,618 | €59,126 | 12.0% | - |
These companies have the same main activity as KK MANAGEMENT: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €365,000 and €535,000, founded between 2010 and 2011.
Official details
Source: KBO- Status
- Active since 27-10-2011Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 2 others
- Joint committee
- 124Construction · annual accounts 2025
- Establishment unit
- 2.204.906.9013512 Hasselt, since 01-12-2011
- Financial year end
- 31 December
- Peppol
- Reachable since 04-11-2025
Insights on KK MANAGEMENT
KK MANAGEMENT files the micro format. That format states no turnover. The gross margin rose from €33,707 in 2015 to €55,205 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KK MANAGEMENT
- What is the company number of KK MANAGEMENT?
- The company number of KK MANAGEMENT is 0841.463.221. The VAT number is the same number with BE in front: BE 0841.463.221.
- Where is KK MANAGEMENT based?
- The registered office is at Sterrebos 101, 3512 Hasselt.Company details
- What does KK MANAGEMENT do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of KK MANAGEMENT?
- KK MANAGEMENT is a private limited company (BV).
- When was KK MANAGEMENT founded?
- KK MANAGEMENT was founded on 27-10-2011.
- Is KK MANAGEMENT still active?
- Yes, KK MANAGEMENT is an active enterprise in the KBO register.
- How many employees does KK MANAGEMENT have?
- KK MANAGEMENT had an average of 0.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KK MANAGEMENT fall under?
- In its 2025 annual accounts, KK MANAGEMENT states joint committee 124 (Construction).
- What is the turnover of KK MANAGEMENT?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €55,205 and 111 comparable companies (NACE 41001). It probably lies between €210,000 and €480,000.
- Is KK MANAGEMENT profitable?
- In financial year 2025, KK MANAGEMENT made a profit of €25,471.
- Where can I find the annual accounts of KK MANAGEMENT?
- KK MANAGEMENT filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KK MANAGEMENT due?
- KK MANAGEMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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