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HFK KESTENS

Active
Public limited companyfounded 1993active for 33 yearsGilainstraat 122, 3300 Tienen, BelgiumKBO/BCE: BE 0450.634.977
Summary

HFK KESTENS has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.0m and a net result of €22,272. Equity has been growing by about 8.6% per year since 2019. Its solvency ranks better than 70% of 372 sector peers (NACE 47, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 03-08-1993 Normal situation
Activity
Retail sale of electrical household appliances NACE 47540and 1 other
Establishment unit
2.063.479.317 3300 Tienen, since 09-09-1993
Financial year end
31 March
Peppol
Reachable

Board and ownership

Board

Financial position

95 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-03-2026
Gross margin
€1.5m
▼ 15.5%
Turnover
≈ €5.8m
estimated
Profit
€22,272
▼ 90.1%
Equity
€2.0m
▼ 1.4%
Total assets
€3.5m
▲ 2.6%
Employees on 31-03-2026
22
▲ 4.8%
Net result -90%: other schema
Filed on 29-10-2026, 2 days before the deadline
Score breakdownlowers riskLiquidity: current ratio 3.54, cash €947,361Founded in 1993Equity €2.0m (56.1% of total assets)Figures for financial year 2026 (filed on 30-10-2026)Show the evidence

Checked score

Score 2026
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 57% of small companies in retail trade (NACE 47)
Financial strength · tick: 2025
Strong
Solvency 81-2
equity 56.1% of total assets
Liquidity 75+4
short-term debt 24.4% · cash 27.2%
Profitability 42-35
return on assets 0.6%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (3,696 companies, NACE 47, small)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 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%▲ +0.1 percentage points vs 09-2025highest value 11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 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
Credit of up to €180,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.54 (3.54 in 2025), above the usual 1.5. Short-term debt is 24.4% and cash 27.2% of total assets. 43.9% of the assets are financed with debt and provisions.
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, small). It does better than 78% of them on solvency, 92% on liquidity, 25% on profitability and 32% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.54, cash €947,361
NBB · annual accounts
lowers risk · Founded in 1993
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 · Equity €2.0m (56.1% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2026 (filed on 30-10-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 29-10-2026, 2 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2026
2 days early
2025
24 days early
2024
6 days early
2023
6 days late
2022
3 days early
2021
9 days late
2020
30 days late
← 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 1 day after 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 next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 28 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2026different schema filed ▼ 90.1% View
  • Positive: 8 profitable years in a rowprofit 2026: €22,272 8 years View
  • Higher gross margin than 82% of companies in retail tradesector median €465,600 · 271 companies €1.5m View

Recent changes

  1. · Gazette deed Reappointments: Kestens Gert, Kestens Sven and Kestens Karen
  2. · Gazette deed Reappointments: Kestens Gert, Kestens Karen and Kestens Sven
  3. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as HFK KESTENS: retail sale of electrical household appliances (NACE 47540). They are comparable in size and age: total assets between €2m and €5m, founded between 1983 and 1998.

CompanyTotal assetsGross margin
HFK KESTENS Tienen€3.5m€1.5m
MY SPECTRUM Brugge€2.0m€1.5m
BEELD- EN KLANKSTUDIO VAN HAVERE Kapellen€3.5m€1.1m
MUYSHONDT ELECTRO SERVICE Bornem€4.1m€1.5m
ELEKTROMIC Geel€5.0m€1.7m
JOJO SYSTEMS Oudsbergen€4.9m€2.2m
VAN GILS Beernem€2.5m€1.2m
Full comparison

Key facts about HFK KESTENS

What is the company number of HFK KESTENS?
The company number of HFK KESTENS is 0450.634.977. The VAT number is the same number with BE in front: BE 0450.634.977.
Where is HFK KESTENS based?
The registered office is at Gilainstraat 122, 3300 Tienen.Company details
What does HFK KESTENS do?
According to the KBO register, the main activity is retail sale of electrical household appliances (NACE 47540).
What is the legal form of HFK KESTENS?
The legal form of HFK KESTENS is Public limited company (NV).
When was HFK KESTENS founded?
HFK KESTENS was founded on 03-08-1993.
Is HFK KESTENS still active?
Yes, HFK KESTENS is an active enterprise in the KBO register.
How many employees does HFK KESTENS have?
HFK KESTENS had an average of 19.3 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of HFK KESTENS?
The turnover in financial year 2026 is ≈ €5.8m. This figure is estimated from the gross margin of €1.5m and 87 comparable companies (NACE 47). It probably lies between €3.4m and €10.0m.
Is HFK KESTENS profitable?
In financial year 2026, HFK KESTENS made a profit of €22,272.
Where can I find the annual accounts of HFK KESTENS?
HFK KESTENS filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of HFK KESTENS due?
HFK KESTENS must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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