Checked.be
Active
BE 0445.398.957Private limited company
K.I. SYSTEM
Bischoffsheimlaan 39 ·1000 Brussel, Belgium· 34 yrs active
Sector: Agents in non-specialised wholesale trade
(46190)
Conclusion
The file of K.I. SYSTEM contains 2 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 0.8% (low). The 2025 annual accounts show equity of €570k and a net result of €-267. Its solvency ranks better than 83% of 875 sector peers (fiscal year 2025).
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €570k |
| Net result | €-267 |
| Better than sector | 83% |
| Active | 34 yrs |
Financial profile
51
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
47
Profitability
20
Solvency
71
Growth
32
Stability
85
Bankruptcy probability (12 mo)
Risk Assessment
20 / 100
Moderate riskComponents
· 2 historical bankruptcy publications (+20)
Trust signals
Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
47
/ 100
Fair
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 09-05-2026 with the NBB · fiscal year 2025 · micro schema
Sector comparison
Fiscal year 2025 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 78.5% | 35.1% | |
| Net result | €-267 | €10k | |
| Equity | €570k | €40k | |
| Gross operating margin | €7k | €32k | |
| Total assets | €726k | €131k |
€62k
-
24-25
€5k
-81.5%
24-25
€-267
-
24-25
€1k
-92.5%
24-25
€726k
-2.2%
24-25
€570k
0.0%
24-25
€-46k
+2.4%
24-25
€3k
-62.6%
24-25
€156k
-9.5%
24-25
€156k
-9.5%
24-25
0.71
-2.9%
24-25
0.71
-1.8%
24-25
78.5%
+2.2%
24-25
0.27
-9.5%
24-25
0.0%
-
24-25
0.0%
-
24-25
-0.4%
-
24-25
7.7%
-
24-25
8.56
-3.8%
24-25
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | micro schema |
| Revenue | €62k |
| EBITDA | €5k |
| Net profit | €-267 |
| Cash flow | €1k |
| Staff costs | - |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €726k |
| Equity | €570k |
| Debt | €156k |
| of which ≤ 1y | €156k |
| of which > 1y | - |
| Working capital | €-46k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 0.71 |
| Quick ratio | 0.71 |
| Working capital ratio | -6.3% |
| Solvency | 78.5% |
| Debt / equity | 0.27 |
| Long-term debt ratio | - |
| Interest coverage | 8.56 |
| Gross margin | 11.7% |
| Net margin | -0.4% |
| ROA | 0.0% |
| ROE | 0.0% |
| EBITDA margin | 7.7% |
| Days sales outstanding | 547d |
| Days payable outstanding | 704d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €726k |
| Fixed assets | 21/28 | €616k |
| Financial fixed assets | 28 | €616k |
| Current assets | 29/58 | €110k |
| Amounts receivable within one year | 40/41 | €110k |
| Cash & bank | 54/58 | €655 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €726k |
| Equity | 10/15 | €570k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €2k |
| Accumulated profits (losses) | 14 | €550k |
| Amounts payable | 17/49 | €156k |
| Amounts payable within one year | 42/48 | €156k |
| Trade debts payable within one year | 44 | €106k |
| Income statement | ||
| Turnover | 70 | €62k |
| Gross operating margin | 9900 | €7k |
| Operating result | 9901 | €3k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €555 |
| Result before taxes | 9903 | €3k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €-267 |
| Result to be appropriated | 9905 | €-267 |
Directors & mandates
| Role | Name | Tenure |
|---|---|---|
| Curator | VIRGINIE SALTEUR AVENUE DU CENTENAIRE 120,
1400 NIVELLES |
15-02-2021 → present |
Legal Structure
| NACE primary | Agents in non-specialised wholesale trade(46190) |
| Legal form | Private limited company(610) |
| Incorporation | 10-10-1991 |
| Status | Active |
| Postal code | 1000 |
| First insolvency signal | 19-02-2021 |
| Latest insolvency signal | 23-04-2021 |
Establishment units
K.I. SYSTEM
since 20022.054.751.889
Real-estate footprint
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25772G0162/00K002 | Wallonia | 1,847 m² | 1 · 822 m² | 11.1 m · 2 fl. |
| 21803C0630/00H003 | Brussels | 808 m² | 1 · 279 m² | 26.6 m · 8 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2026
09-05-2026 NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04-2025 NBB filing Annual accounts filed
fiscal year 2024 · micro schema
14-03-2025 State Gazette act Director changes
Anne RUTTEN
2024
20-05-2024 NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06-2023 NBB filing Annual accounts filed
fiscal year 2022 · full schema
15-03-2023 NBB filing Annual accounts filed
fiscal year 2021 · micro schema
13-03-2023 NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2021
23-04-2021 Bankruptcy Bankruptcy reversal
Tribunal de l’entreprise du Brabant wallon · K.I. SYSTEM SRL CHAUSSEE DE LOUVAIN 150, 1300 WAVRE. déclarée le 15 février 2021 · event 19-04-2021
25-03-2021 NBB filing Annual accounts filed
fiscal year 2019 · micro schema
19-02-2021 Bankruptcy Opening
Tribunal de l’entreprise du Brabant wallon · K.I. SYSTEM SRL CHAUSSEE DE LOUVAIN 150, 1300 WAVRE · event 15-02-2021
2020
01-07-2020 NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2019
03-10-2019 NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2018
22-02-2018 NBB filing Annual accounts filed
fiscal year 2016 · full schema
Lifecycle & Insolvency Signals
23-04-2021
Bankruptcy
Bankruptcy reversal
Full insolvency chronology
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 1 further earlier event in this file, covering 15-02-2021 to 19-04-2021.
Available in Kantoor S.
See plans →
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 1 year ago
2025
14-03-2025 Change in the board of directors
Notary:
Anne RUTTEN · Saint-Gilles
Technical details
{
"events": [],
"notary": {
"name": "Anne RUTTEN",
"firm_city": null,
"firm_name": null,
"office_city": "Saint-Gilles",
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2025-03-14",
"filing_date": "2025-03-12",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decisions": [
{
"body": "algemene_vergadering",
"date": "2025-03-10",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2025-03-10",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2025-03-10",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2025-03-10",
"unanimous": true
},
{
"body": "algemene_vergadering",
"date": "2025-03-10",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0445.398.957",
"name_full": "K.I. SYSTEM",
"legal_form": "SRL"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Anne RUTTEN",
"org_rep_person_name": null,
"person_role_at_subject": "notaire"
},
"co_filed_documents": [
"expedition de l\u2019acte et statuts coordonn\u00E9s"
],
"corrected_publication_numac": null
}Credit advice
Company registry (CBE)
Activities
Agents in non-specialised wholesale trade46190
Names & trade names
| Legal nameFR | K.I. SYSTEM |
Similar companies
Ets. Mandy - Mapol
BE 0402.638.387 · Ukkel
L'anima
BE 0863.423.328 · Sint-Martens-Latem
DMS ECO
BE 0766.372.155 · Charleroi
AQUAFIL BENELUX-FRANCE
BE 0471.026.654 · Harelbeke
DEPLACIE LINDA
BE 0890.841.268 · Antwerpen