Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
174 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
KY BUILD from Tienen, company number BE0737654217, closed financial year 2024 with a result of € -15,122 after tax. For that financial year KY BUILD recorded a gross margin of € 28,070 and equity of € 71,374. Compared with financial year 2023, the result moved from € 117 to € -15,122. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 8, 2025.
€ 71,374
▼ 17% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,122
▼ still € 117 profit in 2023
Profit after tax over the fiscal year.
€ 4,596
▼ 46% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 65,374.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 20,120
▲ € 19,735 vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,876
▼ 58% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 112,775
▼ 7% vs 2023
€ 8,256 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 7,653
▲ 75% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 8,660
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 23,428 | € 59,382 | € 23,264 | € 28,070 | ▲ 21% |
| Profit after taxes | € 2,111 | € 25,091 | € 117 | € -15,122 | ▼ € 15,239 |
| Equity | € 61,288 | € 86,379 | € 86,496 | € 71,374 | ▼ 17% |
| Total debts | € 198,300 | € 174,969 | € 125,217 | € 133,588 | ▲ 7% |
| Cash | € 21,608 | € 18,733 | € 8,581 | € 4,596 | ▼ 46% |
| Land & buildings | € 162,638 | € 162,448 | € 158,240 | € 154,031 | ▼ 3% |
| Retained profit | € 55,288 | € 80,379 | € 80,496 | € 65,374 | ▼ 19% |
| Bank debt | € 173,204 | € 153,258 | € 120,832 | € 112,775 | ▼ 7% |
| Balance sheet total | € 259,588 | € 261,348 | € 211,713 | € 204,963 | ▼ 3% |
Key figures of KY BUILD, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to KY BUILD?
What happened at KY BUILD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 15,122 (▼ € 15,239 vs 2023). filed late Source: NBB ↗
- New establishment in Liège. KBO
- Yusuf Karadag became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,111 profit in 2021 to € 15,122 loss in 2024.
Paid € 4,478 in corporate taxes since 2021.
Best year ever: 2022, with € 25,091 profit.
Management
Behind KY BUILD is Yusuf Karadag. Yusuf Karadag is also behind SAMIL GROUP.
Directors
According to the 2024 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Leuvensestraat 131 box 2
3300 Tienen
Rue des Prés 260 box A
4020 Liège
Active since 13 November 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 174 companies are registered at this address.
All companies at this address →WWTex
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CAVENAGH BRIDGE
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€ 30,473 gross margin · 2025
+169 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0737.654.217
- VAT number
- BE 0737.654.217
- Registered office
- Leuvensestraat 131 bus 2, 3300 Tienen
- Names & denominations
- KY BUILD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2019
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Schrijnwerk
Vervaardiging van metalen constructiewerken en delen daarvan
Groothandel in gereedschapswerktuigen
Verspanend bewerken van metalen
Vervaardiging van metalen deuren en vensters
Groothandel in ijzerwaren
Detailhandel in houten bouw- en tuinmaterialen