Age5 yrs
Real estate2 parcels · 2.7 ha
Summary
Conclusion
the dossier summarised in one paragraphThe file of K-LO CARRELAGE contains 1 historical bankruptcy publication and 1 administrative flag, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 10.1% (high). The 2024 annual accounts show negative equity (€-28k) and a net result of €-64k. Its solvency ranks better than 8% of 11120 sector peers (fiscal year 2024).
Based on the State Gazette, CBE and 1 annual account.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone10.1%
High
0%0,5%1,5%4%10%≥25%
Recent warning signals
+Young company
+Higher-failure-rate sector
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Insolvency timeline
2 events28-04-2026
Bankruptcy
Bankruptcy reversal
Signals
1 signal · with evidenceNegative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
View the annual accounts Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 23 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 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.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 25-09-2025 | 56 d late | 2025-00519250 |
| 31-12-2023 | 31-07-2024 | 25-09-2025 | 421 d late | 2025-00506506 |
| 31-12-2022 | 31-07-2023 | 19-07-2023 | 12 d early | 2023-00272240 |
| 31-12-2021 | 31-07-2022 | 10-08-2022 | 10 d late | 2022-20295127 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
1 signalPrior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Administrative Flags
1 eventAddress struck
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-64k
Working capital€9k
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 25-09-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -9.6% | 40.9% | |
| Net result | €-64k | €11k | |
| Equity | €-28k | €34k | |
| Gross operating margin | €-39k | €35k | |
| Staff costs | €531 | €24k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-51k |
| Net profit | €-64k |
| Cash flow | €-63k |
| Staff costs | €531 |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €292k |
| Equity | €-28k |
| Debt | €320k |
| of which ≤ 1y | €279k |
| of which > 1y | €41k |
| Working capital | €9k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.03 |
| Quick ratio | 0.88 |
| Working capital ratio | 3.2% |
| Solvency | -9.6% |
| Debt / equity | -11.46 |
| Long-term debt ratio | -1.46 |
| Interest coverage | -8.29 |
| Gross margin | - |
| Net margin | - |
| ROA | -21.8% |
| ROE | 228.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €292k |
| Fixed assets | 21/28 | €3k |
| Tangible fixed assets | 22/27 | €2k |
| Financial fixed assets | 28 | €2k |
| Current assets | 29/58 | €288k |
| Stocks & contracts in progress | 3 | €43k |
| Amounts receivable within one year | 40/41 | €245k |
| Cash & bank | 54/58 | €55 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €292k |
| Equity | 10/15 | €-28k |
| Contributions / capital | 10/11 | €7k |
| Accumulated profits (losses) | 14 | €-35k |
| Amounts payable | 17/49 | €320k |
| Amounts payable after one year | 17 | €41k |
| Amounts payable within one year | 42/48 | €279k |
| Trade debts payable within one year | 44 | €207k |
| Income statement | ||
| Gross operating margin | 9900 | €-39k |
| Operating result | 9901 | €-52k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €6k |
| Result before taxes | 9903 | €-59k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €-64k |
| Result to be appropriated | 9905 | €-64k |
Ratios computed by Checked.
Health barometer
FY 2024 · computed30
/ 100
Weak
Computed from 4 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 2024. Indicative, not credit advice.
Directors
Directors & mandates
3 directors7 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Former directors (3)
-
Former01-03-2024 → 01-09-2025
2 events
- 01-09-2025 Resigned· Director
- 01-03-2024 Appointed· Managing director
-
Former- → 01-04-2025
-
Former21-01-2021 → 01-06-2021
2 events
- 01-06-2021 Resigned· Director
- 21-01-2021 Appointed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Installatie van isolatie(43230) |
| Legal form | Private limited company(610) |
| Incorporation | 21-10-2020 |
| Status | Active |
| Postal code | - |
| First BS signal | 28-04-2026 |
| Latest BS signal | 28-04-2026 |
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationK-LO CARRELAGE
since 20202.312.717.055
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2.7 ha
Buildings2
Building footprint755 m²
Volume (LiDAR)8,388 m³
Tallest building18.2 m · ±4 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62037B0339/00B000 | Wallonia | 2.7 ha | 1 · 672 m² | 18.2 m · 4 fl. |
| 62036A0490/00S000 | Wallonia | 305 m² | 1 · 84 m² | - |
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.
Publications
Lifecycle & Insolvency Signals
2 events from the State Gazette28-04-2026
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 01-12-2025 to 20-04-2026.
Available in Kantoor S.
See plans →
Time machine: BS events + macro context
2021-2026Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad · acts
7 acts All acts · 7
updated 7 months ago
2025
30-12-2025 PHILIPPE Melis resigns as director
11-06-2025 Sana Quentin resigns as director
2024
03-06-2024 Melis Philippe appointed as managing director
2022
17-10-2022 Change in the board of directors
Summary:
v3.2
2021
28-09-2021 FROGNET Jonathan resigns as director
21-01-2021 FROGNET Jonathan appointed as director
2020
23-10-2020 Incorporation of a new SRL
Summary:
oprichting
Analysis
Financial profile
4 of 5 axes measured58
/ 100
Mixed profile: strong on profitability, weaker on health.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
30
Profitability
100
Solvency
45
Growth
-
Stability
56
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector and regionBE 0419.328.030 · Namur
BE 0420.429.276 · Kapellen
BE 0404.000.446 · Beveren-Kruibeke-Zwijndrecht
BE 0426.528.301 · Awans
BE 0421.482.717 · Chimay
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 338 of the 4,243 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Installatie van isolatie43230Isolatiewerkzaamheden43291Detailhandel in wand- en vloertegels47523Gevelreiniging43992Overige reiniging van gebouwen; industriële reiniging81220Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110
Primary activity highlighted.
Names & trade names
| Legal nameFR | K-LO CARRELAGE |
Registration history
- 01-12-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.