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GROEP KENIS

Active Public limited companyfounded 1973active for 53 yearsSteenweg op Gierle 314, 2300 TurnhoutKBO/BCE: BE 0413.063.018 subsidiary of GHC#5 oldest company in Turnhout, Wholesale and retail trade sector

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €184.0m (2023)
€169.6m▲ 1.6%
peak €1.9m (2025)
€1.9m▲ 26.5%
peak €11.5m (2025)
€11.5m▲ 8.5%
€20.4m▼ 2.9%
peak 78.6 FTE (2023)
75.2 FTE▼ 0.7%
Board7 names since 2018
2 directorsCaroline WOUTERS and 1 other
Owners2 names in the annual accounts
100%GHC
Documentsfilings and deeds
17-01-2026103 days before the deadline
2025financial year
Result from €1.5m to €1.9m1 establishment registered

Key points

from the 2025 annual accounts

Equity

€11.5m ▲ 8.5%

GROEP KENIS has made a profit in every financial year since 2006.

Filings

49 annual accounts since 1977
deadline1980199520102025

The last five annual accounts were filed 17 to 103 days before the end of the period.

Position in the sector

€1.9m

Higher net result than 95% of companies in retail trade. Sector median €39,909 · 5,068 companies.

Checked score

94
Excellent
Financially stronger than 50% of medium-sized companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 385 companies (NACE 47, medium-sized).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025highest value 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Average

61+3equity 36.0% of total assets
28-2short-term debt 63.2% · cash 9.1%
60+2return on assets 6.0%

Score breakdown

raises risk
Sector: Retail trade (NACE 47)
lowers risk
Founded in 1973
Size: turnover €169.6m, 75.2 FTE, total assets €32.0m
Legal form: public limited company
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, medium-sized). It does better than 60% of them on solvency, 34% on liquidity, 52% on profitability and 55% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,579 companies had the same profile as GROEP KENIS has now. Each dot stands for 4 companies, two years later.

96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of GROEP KENIS itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,579 companies, not a prediction for GROEP KENIS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €1,050,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.52 (1.47 in 2024), above the usual 1.5. Short-term debt is 63.2% and cash 9.1% of total assets. However, 64% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1973
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: turnover €169.6m, 75.2 FTE, total assets €32.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Legal form: public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 17-01-2026, 103 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
103 days early
2024
60 days early
2023
28 days early
2022
51 days early
2021
17 days early
2020
53 days early
2019
37 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 50 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 6 March (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end10-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

CW
Managing director
VC
Auditor, Steven VYVEY
  • GHC 100%score 90equity €8.4m (2025) · 30-09-2025 annual accounts of GHC
  • BCV 60.51%score 88equity €4.2m (2025) · 2023 annual accounts of BCV

Shares in 1 company, Share4Mobility

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0413063018
New establishment in Turnhout Parklaan 42
Environmental permit granted Hoogstammige bomen vellen die geen deel uitmaken van een bos, Verbouwen en/of uitbreiden met het wijzigen van alle zelfstandige gebruikseenheden (unit) binnen het gebouw, Verbouwen / Wijzigen Infrastructuur · Geel
New establishment in Geel Kenis Geel BYD, Antwerpseweg 16
All 70 events

Comparable companies

same main activity, similar in size and age
Company
GROEP KENIS Turnhout €169.6m 1.4% 36.0% 75.2
DEJONCKHEERE Roeselare €152.1m 3.1% 23.4% 64.6
MEEUSEN ANTWERPEN Wijnegem €114.7m 2.3% 21.1% 102.7
VERMANT Mechelen €80.7m 3.3% 33.8% 57.2
Vermant Antwerpen Mechelen €86.9m 4.5% 29.8% 68.3
Inchcape Belgium Retail Zaventem €193.8m -4.7% -10.4% 86.9
Garage - Carrosserie Siegfried De Mey & Zonen Maldegem €81.6m 0.8% 35.1% 76.1
-10%0%10%20%€100m€200m€500m€1bn€2bn€5bnGROEP KENISEBIT margin

Grey: the largest companies of the sector (retail trade (NACE 47)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as GROEP KENIS: retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811). They are comparable in size and age: total assets between €20m and €50m, founded between 1968 and 1984.

Official details

Source: KBO
Status
Active since 06-03-1973Normal situation
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)NACE 47811and 1 other
Joint committees
112Garages
200Auxiliary committee for white-collar workers · annual accounts 30-09-2025
Establishment units
2.008.082.5182300 Turnhout, since 01-01-1973
2.142.811.6572200 Herentals, since 01-01-1998and 4 others
Financial year end
30 September
Peppol
Reachable since 27-03-2026
Company details

Annual accounts to 30-09-2025

€32.0m▲ 1.0%
Employeeson 30-09-2025
75▼ 8.5%
Filing
Filed on 17-01-2026, 103 days before the end of the filing period
Financials

Insights on GROEP KENIS

GROEP KENIS has existed since 1973. The present size dates from 2023. Turnover rose that year from €81.3m to €184.0m. On 21 October 2022 GROEP KENIS absorbed RENAULT ANTWERPEN in a merger.

GHC holds all the shares. In May 2024, the Official Gazette published the appointment of Caroline WOUTERS as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about GROEP KENIS

What is the company number of GROEP KENIS?
The company number of GROEP KENIS is 0413.063.018. The VAT number is the same number with BE in front: BE 0413.063.018.
Where is GROEP KENIS based?
The registered office is at Steenweg op Gierle 314, 2300 Turnhout.Company details
What does GROEP KENIS do?
According to the KBO register, the main activity is retail sale of cars and light vans (up to 3.5 tonnes) (NACE 47811).
What is the legal form of GROEP KENIS?
GROEP KENIS is a public limited company (NV).
When was GROEP KENIS founded?
GROEP KENIS was founded on 06-03-1973.
Is GROEP KENIS still active?
Yes, GROEP KENIS is an active enterprise in the KBO register.
How many employees does GROEP KENIS have?
GROEP KENIS had an average of 75.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does GROEP KENIS fall under?
In its 30-09-2025 annual accounts, GROEP KENIS states joint committees 112 (Garages) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of GROEP KENIS?
The turnover of GROEP KENIS was €169.6m in financial year 2025, according to the filed annual accounts.
Is GROEP KENIS profitable?
In financial year 2025, GROEP KENIS made a profit of €1.9m.
Where can I find the annual accounts of GROEP KENIS?
GROEP KENIS filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of GROEP KENIS due?
GROEP KENIS must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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