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JACOB KENNY

Active
Private limited companyfounded 20215 yrs activeRosstraat (BAA) 225, 9200 Dendermonde, BelgiumKBO/BCE: BE 0761.799.495
Summary

JACOB KENNY has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €112k and a net result of €38k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 53% of 705 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2024
59 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability88▲+19
Solvency70▲+8
Growth52=
Track record94
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity ample (current ratio 2.72 against 2.54 in 2023; short-term debt: 26.7% and cash: 66.2% of total assets), but 54.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 16
Relative position
BE, all sectors
reference
Sector 16
higher
← fewer bankruptcies more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-11-2025, 111 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
111 d late
2023
61 d late
2022
31 d late
2021
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€112k▲ 30.8%
2023 · €85k
2021: €68k 2022: €85k 2023: €85k
2021 → 2024
Total assets
€247k▲ 6.9%
2023 · €231k
2021: €306k 2022: €292k 2023: €231k
2021 → 2024
Net result
€38k▲ 58,663%
2023 · €65
2021: €58k 2022: €18k 2023: €65
2021 → 2024
Working capital
€114k▲ 38.9%
2023 · €82k
2021: €52k 2022: €67k 2023: €82k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2021202220232024Trend
Equity€68k-€85k▲ 26.2%€85k▲ 0.1%€112k▲ 30.8%
Operating result€80k-€28k▼ 65.0%€3k▼ 87.9%€48k▲ 1,314%
Net result€58k-€18k▼ 69.2%€65▼ 99.6%€38k▲ 58,663%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75kOperating result 2021: €80k€80kNet result 2021: €58k€58kOperating result 2022: €28k€28kNet result 2022: €18k€18kOperating result 2023: €3k€3kNet result 2023: €65€65Operating result 2024: €48k€48kNet result 2024: €38k€38k2021202220232024€0€20k€40kOperating result 2022: €28k€28kNet result 2022: €18k€18kOperating result 2023: €3k€3.4kNet result 2023: €65€65Operating result 2024: €48k€48kNet result 2024: €38k€38k202220232024
The operating result recovers in 2024; 2024 is 1,314% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €247k
Fixed assets €67k ▼ 29.9%
Current assets €179k ▲ 33.2%
Equity and liabilities €247k
Equity €112k ▲ 30.8%
Debt €135k ▼ 7.1%
Debt's share of the balance-sheet total falls from 63.0% to 54.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€88k
2023 · €42k
Cash flow
€78k
2023 · €39k
Current ratio
2.72
2023 · 2.54
Quick ratio
2.68
2023 · 2.37
Debt to equity
1.21
2023 · 1.71
ROE
34.3%
2023 · 0.1%
ROA
15.5%
2023 · 0.0%
Interest coverage
25.42
2023 · 11.77
Debt ≤ 1 year
€66k
2023 · €53k
Debt > 1 year
€69k
2023 · €92k
Income taxes
€7k
2023 · €284
Staff costs
€17k
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 2023 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€231k€247k
Fixed assets21/28€96k€67k
Tangible fixed assets22/27€93k€64k
Plant, machinery and equipment23€82k€56k
Furniture and vehicles24€10k€8k
Financial fixed assets28€3k€3k=
Current assets29/58€135k€179k
Stocks and contracts in progress3€9k€3k
Stocks30/36€3k€3k=
Contracts in progress37€7k-
Amounts receivable within one year40/41€11k€8k
Trade receivables40€707€3k
Other amounts receivable41€10k€4k
Cash at bank and in hand54/58€115k€163k
Deferred charges and accrued income490/1€161€6k
Equity and liabilities
Total equity and liabilities10/49€231k€247k
Equity10/15€85k€112k
Contributions10/11€10k€10k=
Reserves13€58k€58k=
Distributable reserves133€58k€58k=
Profit (loss) carried forward14€18k€44k
Amounts payable17/49€146k€135k
Amounts payable after more than one year17€92k€69k
Financial debts170/4€92k€69k
Amounts payable within one year42/48€53k€66k
Current portion of amounts payable after more than one year42€23k€24k
Trade debts44€13k€17k
Suppliers440/4€13k€17k
Advances received on contracts in progress46€16k€1k
Taxes, remuneration and social security45€860€11k
Taxes450/3€860€5k
Remuneration and social security454/9-€7k
Other amounts payable47/48€55€12k
Accrued charges and deferred income492/3€384€772
Income statement Code20232024
Remuneration, social security and pensions62-€17k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€40k
Other operating charges640/8€2k€3k
Gross operating margin9900€45k€108k
Operating profit (loss)9901€3k€48k
Financial income75/76B€559€372
Recurring financial income75€559€372
Financial charges65/66B€4k€3k
Recurring financial charges65€4k€3k
Profit (loss) for the period before taxes9903€349€45k
Income taxes67/77€284€7k
Profit (loss) for the period9904€65€38k
Profit (loss) for the period to be appropriated9905€65€38k
Appropriation of the result
Profit (loss) to be appropriated9906€18k€56k
Profit (loss) brought forward from the previous period14P€18k€18k
Profit to be distributed694/7-€12k
Directors or managers695-€12k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
19-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 111 days late
2024
31-12
Financial Equity above €100kEq €112k ▲30.8%
4 profitable years in a row build equity to €112k.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial Weakest financial yearnet €65 ▼99.6%
Net result drops to €65, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 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, Dendermonde · 1 establishment unit since 2021
establishment The establishment unit on the map
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.

Rosstraat (BAA) 2259200 Dendermonde
Ground area
4,785 m²
Building footprint
1,890 m²
Volume, LiDAR
1,205 m³
Parcel 42002B0885/00N000, Flanders · tallest building 4.9 m. Linked by address, not a title deed.
1 establishment unit
JACOB KENNY
Rosstraat (BAA) 225, 9200 DendermondeManufacture of other builders' carpentry and joinery
since 20212.312.695.873
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
42002B0885/00N000 Flanders 4,785 m² 1 · 1,890 m² 4.9 m
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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

Of 1,599 companies in sector 16230 we hold annual accounts for 783. 631 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
Founded19-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
16230Manufacture of other builders' carpentry and joinery
25120Manufacture of fabricated metal products, except machinery and equipment
31002Manufacture of furniture
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.