Kuang Group
ActiveSummary
Kuang Group has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.78M and a net result of €167k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 94% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability76▲+2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 16.51 against 33.31 in 2023; short-term debt: 5.1% and cash: 1.3% of total assets), and 5.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
94.9%
Return on assets
5.7%
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 23-09-2025, 54 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
54 d late
2023
64 d late
2022
66 d late
2021
77 d late
2020
90 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€2.78M▲ 6.4%
2023 · €2.61M
2018: €2.04M
2019: €2.06M
2020: €2.29M
2021: €2.44M
2022: €2.50M
2023: €2.61M
2018 → 2024
Total assets
€2.93M▲ 9.1%
2023 · €2.69M
2018: €2.86M
2019: €2.82M
2020: €2.56M
2021: €2.67M
2022: €2.67M
2023: €2.69M
2018 → 2024
Net result
€167k▲ 51.0%
2023 · €111k
2018: €176k
2019: €123k
2020: €232k
2021: €141k
2022: €68k
2023: €111k
2018 → 2024
Working capital
€2.34M▲ 7.0%
2023 · €2.19M
2018: €1.24M
2019: €1.25M
2020: €1.85M
2021: €1.99M
2022: €2.07M
2023: €2.19M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.29M-€2.44M▲ 6.1%€2.50M▲ 2.8%€2.61M▲ 4.4%€2.78M▲ 6.4%
Operating result€341k-€204k▼ 40.4%€99k▼ 51.2%€135k▲ 35.9%€218k▲ 61.5%
Net result€232k-€141k▼ 39.4%€68k▼ 52.1%€111k▲ 64.1%€167k▲ 51.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 62% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.93M
Fixed assets
€442k ▲ 1.9%
Current assets
€2.49M ▲ 10.5%
Equity and liabilities €2.93M
Equity
€2.78M ▲ 6.4%
Debt
€151k ▲ 107%
Debt's share of the balance-sheet total rises from 2.7% to 5.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€231k▲
2023 · €150k
Cash flow
€181k▲
2023 · €125k
Current ratio
16.51▼
2023 · 33.31
Quick ratio
12.76▼
2023 · 25.91
Debt to equity
0.05▲
2023 · 0.03
ROE
6.0%▲
2023 · 4.2%
ROA
5.7%▲
2023 · 4.1%
Interest coverage
144.24▲
2023 · 141.74
Debt ≤ 1 year
€151k▲
2023 · €68k
Income taxes
€76k▲
2023 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€2.69M€2.93M▲
Fixed assets21/28€433k€442k▲
Tangible fixed assets22/27€48k€35k▼
Furniture and vehicles24€48k€35k▼
Financial fixed assets28€385k€407k▲
Current assets29/58€2.25M€2.49M▲
Stocks and contracts in progress3€501k€566k▲
Stocks30/36€501k€566k▲
Amounts receivable within one year40/41€1.60M€1.74M▲
Trade receivables40€154k€228k▲
Other amounts receivable41€1.44M€1.51M▲
Current investments50/53€100k€150k▲
Cash at bank and in hand54/58€56k€37k▼
Equity and liabilities
Total equity and liabilities10/49€2.69M€2.93M▲
Equity10/15€2.61M€2.78M▲
Contributions10/11€12k€12k=
Reserves13€741k€908k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€739k€906k▲
Profit (loss) carried forward14€1.86M€1.86M=
Amounts payable17/49€73k€151k▲
Amounts payable after more than one year17€5k-
Financial debts170/4€5k-
Amounts payable within one year42/48€68k€151k▲
Current portion of amounts payable after more than one year42€8k€5k▼
Trade debts44€29k€18k▼
Suppliers440/4€29k€18k▼
Taxes, remuneration and social security45€31k€108k▲
Taxes450/3€31k€108k▲
Other amounts payable47/48-€20k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€13k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€152k€234k▲
Operating profit (loss)9901€135k€218k▲
Financial income75/76B€14k€27k▲
Recurring financial income75€14k€27k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€148k€244k▲
Income taxes67/77€37k€76k▲
Profit (loss) for the period9904€111k€167k▲
Profit (loss) for the period to be appropriated9905€111k€167k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.97M€2.03M▲
Profit (loss) brought forward from the previous period14P€1.86M€1.86M=
Transfer to equity691/2€111k€167k▲
To other reserves6921€111k€167k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
03-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 33.31
Current ratio from 14.49 to 33.31; short-term debt falls from €153k to €68k.
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Weakest financial yearnet €68k ▼52.1%
Net result drops to €68k, the lowest in the series; recovery starts the following year.
16-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 77 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Highest result since 2018net €232k ▲88.7%
Operating result €341k, net result €232k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 8.75
Current ratio from 3.52 to 8.75; short-term debt falls from €497k to €239k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
07-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 68 days late
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
13-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2012
11-07
State Gazette act
General meeting · Director resignation
Director appointment · Name change
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Lasne · 1 establishment unit since 2003
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.
Chemin des Ornois 121380 LasneGround area
2,183 m²
Building footprint
166 m²
Parcel 25051F0168/00L000, Wallonia. Linked by address, not a title deed.
1 establishment unit
KUANG COMMUNICATIONS
since 20032.135.086.893
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051F0168/00L000 | Wallonia | 2,183 m² | 1 · 166 m² | - |
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.
Structure & network
Connections & network
5 connected companiesLinked via shared directors
Shared director
→
Shared director
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Shared director
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Shared director
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Show 1 more companies with a shared director
Shared director
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Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 2,353 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-12-2003
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.