K PAR K CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of K PAR K CONSTRUCT is 2.0% (moderate). The 2024 annual accounts show equity of €45k and a net result of €-6k. Equity is growing by ~13.6% per year across the filed fiscal years. Its solvency ranks better than 51% of 36375 sector peers (fiscal year 2024). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2022
Profitability11▼-57
Solvency72▲+14
Growth52=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.48 against 1.48 in 2022; short-term debt: 52.8% and cash: 19.8% of total assets), and 52.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
47.2%
Return on assets
-6.4%
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 29-09-2025, 60 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
60 d late
2022
61 d late
2021
90 d late
2020
61 d late
2019
92 d late
2018
92 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-6k
2022 · €11k
2018: €21k
2019: €5k
2020: €2k
2021: €-6k
2022: €11k
2018 → 2024
Working capital
€24k▼ 12.8%
2022 · €28k
2018: €11k
2019: €20k
2020: €23k
2021: €17k
2022: €28k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222024Trend
Equity€22k-€24k▲ 7.0%€17k▼ 26.1%€28k▲ 60.1%€45k▲ 60.9%
Operating result€5k-€2k▼ 56.1%€-3k€9k€-7k
Net result€5k-€2k▼ 66.8%€-6k€11k€-6k
Result per fiscal year
Operating resultNet result
The operating result is €-7k in 2024, compared with €9k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €95k
Fixed assets
€21k ▲ 5,886%
Current assets
€75k ▼ 12.3%
Equity and liabilities €95k
Equity
€45k ▲ 60.9%
Debt
€50k ▼ 12.0%
Debt's share of the balance-sheet total falls from 67.2% to 52.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-4k
Cash flow
€-3k
Current ratio
1.48▼
2022 · 1.48
Debt to equity
1.12▼
2022 · 2.05
ROE
-13.5%▼
2022 · 37.5%
ROA
-6.4%▼
2022 · 12.3%
Interest coverage
-12.18
Debt ≤ 1 year
€50k▼
2022 · €57k
Income taxes
€432
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 2022 · 41 lines
Balance sheet
Code20222024
Assets
Total assets20/58€85k€95k▲
Fixed assets21/28€350€21k▲
Tangible fixed assets22/27-€21k
Furniture and vehicles24-€21k
Financial fixed assets28€350€350=
Current assets29/58€85k€75k▼
Amounts receivable within one year40/41€76k€56k▼
Trade receivables40€60k€49k▼
Other amounts receivable41€16k€7k▼
Cash at bank and in hand54/58€9k€19k▲
Equity and liabilities
Total equity and liabilities10/49€85k€95k▲
Equity10/15€28k€45k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Other1319€2k€2k=
Profit (loss) carried forward14€8k€25k▲
Amounts payable17/49€57k€50k▼
Amounts payable within one year42/48€57k€50k▼
Trade debts44€13k€14k▲
Suppliers440/4€13k€14k▲
Advances received on contracts in progress46€41k-
Taxes, remuneration and social security45€3k€1k▼
Taxes450/3-€796
Remuneration and social security454/9€3k€394▼
Other amounts payable47/48€200€36k▲
Income statement
Code20222024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3k
Other operating charges640/8€398€513▲
Gross operating margin9900€9k€-3k▼
Operating profit (loss)9901€9k€-7k▼
Financial income75/76B€2k€2k▼
Recurring financial income75€720€2k▲
Non-recurring financial income76B€1k-
Financial charges65/66B€293€326▲
Recurring financial charges65€293€326▲
Profit (loss) for the period before taxes9903€11k€-6k▼
Income taxes67/77-€432
Profit (loss) for the period9904€11k€-6k▼
Profit (loss) for the period to be appropriated9905€11k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€25k▲
Profit (loss) brought forward from the previous period14P€-3k€31k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 61 days late
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 90 days late
2021
31-12
Financial
Weakest financial yearnet €-6k ▼498%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 61 days late
2020
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 92 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 92 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
11-01
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 164 days late
Financial milestoneNBB 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, Vorst · 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.
Oude Vijversstraat 401190 VorstGround area
2,175 m²
Building footprint
800 m²
Volume, LiDAR
6,116 m³
2 parcels, Brussels · tallest building 21.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Melkerijstraat 57, 1070 Anderlecht
since 20032.133.733.348
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21382C0028/00G003 | Brussels | 1,894 m² | 1 · 682 m² | 8.8 m · 3 fl. |
| 21304B0004/00K003 | Brussels | 281 m² | 1 · 118 m² | 21.8 m · 3 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
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VANDENBRANDE LUC & ZOON
BE 0466.834.967
Kortrijk · Eq €45,076
CONTRASTE DECOR
BE 0831.877.047
Les Bons Villers · Eq €45,089
Quintyn Consultancy
BE 0846.132.384
Deinze · Eq €45,028
HEY INTERIORS & TRADING
BE 0457.741.911
Sint-Lievens-Houtem · Eq €45,019
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 7,294 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
Founded17-10-2003
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.