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K & G

Active
Private limited companyfounded 1999active for 27 yearsLeenstraat 35, 9890 Gavere, BelgiumKBO/BCE: BE 0466.761.426
Summary

K & G has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €204,304 and a net result of €2,890, of which €40,873 non-recurring income. Equity has been growing by about 13% per year since 2018. Its solvency ranks better than 9% of 9,895 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 26-08-1999 Normal situation
Activity
Joinery installation NACE 43320and 8 others
Establishment unit
2.092.386.010 9890 Gavere, since 04-10-1999
Financial year end
30 December
Peppol
Reachable since 07-01-2026

Board and ownership

Board
  • Flat CompanyDirector · permanent representative Van den Berghe Kenneth
  • KENGARDirector · permanent representative Van den Berghe Garret

Financial position

82 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts to 30-12-2025
Gross margin
€409,104
Turnover
≈ €1.2m
estimated
Profit
€2,890
Equity
€204,304
Total assets
€7.0m
Employees on 30-12-2025
1
Score breakdownraises riskEquity €204,304 (2.9% of total assets)Sector: Specialised construction activities (NACE 43)lowers riskSize: 1.1 FTE, total assets €7.0mFounded in 1999Show the evidence

Checked score

Score 2025
82 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 27% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2023
Weak
Solvency 28-1
equity 2.9% of total assets
Liquidity 57-1
short-term debt 11.2% · cash 5.9%
Profitability 31-16
return on assets 0.0%
Bankruptcy probability within 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 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.3% 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.4%▲ +0.1 percentage points vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025 09-2025: 1.0%▲ +0.1 percentage points vs 08-2025 10-2025: 1.6%▲ +0.6 percentage points vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 2.0%▲ +0.4 percentage points vs 11-2025 01-2026: 3.3%▲ +1.3 percentage points vs 12-2025 02-2026: 3.3%● unchanged vs 01-2026 03-2026: 3.4%▲ +0.1 percentage points vs 02-2026highest value 04-2026: 3.0%▼ -0.4 percentage points vs 03-2026 05-2026: 3.0%● unchanged vs 04-2026 06-2026: 3.0%● unchanged vs 05-2026 07-2026: 3.0%● unchanged vs 06-2026 08-2026: 0.3%▼ -2.7 percentage points vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value 11-2026: 0.3%● unchanged vs 10-2026lowest value
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 8.94 (11.12 in 2023), above the usual 1.5. Short-term debt is 11.2% and cash 5.9% of total assets. However, 97.1% of the assets are financed with debt and provisions.
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 43, micro). It does better than 10% of them on solvency, 53% on liquidity and 17% on profitability.

The bankruptcy probability was computed on 02-11-2026 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.

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).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €204,304 (2.9% of total assets)
NBB · annual accounts
lowers risk · Size: 1.1 FTE, total assets €7.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Founded in 1999
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 9895 sector peers (2025).
NBB · sector comparison
Position among 9895 sector peers
Solvency
better than 9%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 02-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 days early
2023
28 days late
2022
16 days late
2021
24 days late
2020
31 days late
2019
60 days late
2018
92 days early
← 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 6 days after the deadline. In the sector (NACE 43), the median for financial year 2023 was 1 day before the deadline, and 44% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 91% of companies in specialised constructionsector median 44.0% · 9,895 companies 2.9% View
  • Positive: 7 profitable years in a rowprofit 2025: €2,890, mostly one-off 7 years View

Recent changes

  1. · Gazette deed Resignation: FLAT COMPANY (director)Permanent representatives: Kenneth VAN DEN BERGHE and Stefanie VAN HAUDENHOVE · Appointment: FLAT COMPANY (director)
  2. · Gazette deed Resignations: Kengar (manager) and Flat Company (manager)Reappointments: Kengar (statutair bestuurder) and Flat Company (statutair bestuurder) · Permanent representatives: Van den Berghe Garret and Van den Berghe Kenneth
  3. · Gazette deed Incorporation
All 20 events

Comparable companies

These companies have the same main activity as K & G: joinery installation (NACE 43320). They are comparable in size and age: total assets between €3.2m and €15m, founded between 1978 and 1999.

CompanyTotal assetsGross margin
K & G Gavere€7.0m€0.4m
ARLU Tongeren-Borgloon€6.5m€0.3m
TIMBERTECH Deinze€4.9m€1.1m
BAEYENS & Co Herzele€3.7m€1.0m
AZURA Brussel€8.6m€0.3m
A.C. CONSTRUCT Zwevegem€3.2m€0.6m
TRADI - CONSTRUCT Thimister-Clermont€14.7m€0.3m
Full comparison

Key facts about K & G

What is the company number of K & G?
The company number of K & G is 0466.761.426. The VAT number is the same number with BE in front: BE 0466.761.426.
Where is K & G based?
The registered office is at Leenstraat 35, 9890 Gavere.Company details
What does K & G do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of K & G?
The legal form of K & G is Private limited company (BV).
When was K & G founded?
K & G was founded on 26-08-1999.
Is K & G still active?
Yes, K & G is an active enterprise in the KBO register.
How many employees does K & G have?
K & G had an average of 1.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of K & G?
The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €409,104 and 40 comparable companies (NACE 433). It probably lies between €890,000 and €1.5m.
Is K & G profitable?
In financial year 2025, K & G made a profit of €2,890.
Where can I find the annual accounts of K & G?
K & G filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.

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