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KJ pellets

Active
KBO/BCE: BE 0802.053.408
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Age3 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of KJ pellets is 2.0% (moderate). The 2024 annual accounts show equity of €22k and a net result of €18k. Its solvency ranks better than 48% of 3354 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 10 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 25-08-2025, 25 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 2 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 25-08-2025 25 d late 2025-00422237
31-12-2023 31-07-2024 29-09-2024 60 d late 2024-00477467

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

2 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.0% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€18k
Working capital€-9k

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 25-08-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 22.9% 25.2%
better than 48% of 3354 sector peers
Net result €18k €4k
better than 70% of 3341 sector peers
Equity €22k €23k
better than 50% of 3361 sector peers
Gross operating margin €37k €19k
better than 63% of 3327 sector peers
Total assets €96k €105k
better than 47% of 3359 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Depositmicro
Revenue-
EBITDA€37k
Net profit€18k
Cash flow€30k
Staff costs-
Income taxes€6k
Dividends€2k
Total assets€96k
Equity€22k
Debt€74k
of which ≤ 1y€70k
of which > 1y€4k
Working capital€-9k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.87
Quick ratio0.77
Working capital ratio-9.8%
Solvency22.9%
Debt / equity3.36
Long-term debt ratio0.19
Interest coverage34.00
Gross margin-
Net margin-
ROA19.2%
ROE83.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€96k
Fixed assets 21/28€35k
Formation expenses 20€0
Tangible fixed assets 22/27€35k
Current assets 29/58€60k
Stocks & contracts in progress 3€7k
Amounts receivable within one year 40/41€22k
Cash & bank 54/58€30k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€96k
Equity 10/15€22k
Contributions / capital 10/11€3k
Accumulated profits (losses) 14€19k
Amounts payable 17/49€74k
Amounts payable after one year 17€4k
Amounts payable within one year 42/48€70k
Trade debts payable within one year 44€21k
Income statement
Gross operating margin 9900€37k
Operating result 9901€26k
Financial income 75€174
Financial charges 65€1k
Result before taxes 9903€25k
Income taxes 67/77€6k
Net result for the period 9904€18k
Result to be appropriated 9905€18k
Ratios computed by Checked.

Health barometer

FY 2024 · computed
48 / 100 Fair
050100
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.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location
KJ PELLETS
Herhout 12, 1570 PajottegemHandelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten
since 20232.345.493.058
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,239 m²
Buildings1
Building footprint177 m²
Volume (LiDAR)902 m³
Tallest building9.1 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels 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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23087E0021/00G000 Flanders 1,239 m² 1 · 177 m² 9.1 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.

Analysis

Snowflake analysis

financial profile on 5 axes
Health48Profitability100Solvency29Growth-Stability79
64 / 100

Strong profile, led by profitability.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 48
Profitability 100
Solvency 29
Growth -
Stability 79

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Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Handelsbemiddeling in brandstoffen, ertsen, metalen en chemische producten46120Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten46120Verhuur en lease van personenauto's en lichte bestelwagens (< 3,5 ton)77110Verhuur en lease van personenauto’s en andere lichte motorvoertuigen77110
Primary activity highlighted.
Names & trade names
Legal nameNL KJ pellets
Registered office
Herhout 12
1570 Pajottegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.