K&N Engineering
ActiveK&N Engineering has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €315k and a net result of €121k. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 46% of 818 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
91
/ 100
Excellent▲ +15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+3
Solvency59▲+18
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.57 against 1.37 in 2024), but 70.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.7%
Return on assets
11.5%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 19-12-2025, 12 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
12 d early
2024
12 d early
2023
16 d early
2022
16 d early
2021
21 d early
2020
8 d early
2019
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-05-2026 close14-09-2026 today31-12-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€121k▲ 174%
2024 · €44k
2019: €82k
2020: €20k
2021: €36k
2022: €29k
2023: €29k
2024: €44k
2019 → 2025
Working capital
€186k▲ 58.0%
2024 · €118k
2019: €69k
2020: €73k
2021: €35k
2022: €31k
2023: €103k
2024: €118k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€144k-€174k▲ 20.2%€203k▲ 16.7%€228k▲ 12.6%€315k▲ 38.0%
Operating result€40k-€42k▲ 4.8%€50k▲ 19.9%€68k▲ 35.0%€178k▲ 162%
Net result€36k-€29k▼ 19.6%€29k▼ 0.4%€44k▲ 52.4%€121k▲ 174%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 162% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.06M
Fixed assets
€548k▼ 0.8%
Current assets
€511k▲ 17.0%
Equity and liabilities €1.06M
Equity
€315k▲ 38.0%
Debt
€744k▼ 2.3%
The debt ratio falls from 76.9% to 70.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€243k▲
2024 · €134k
Cash flow
€187k▲
2024 · €110k
Solvency
29.7%▲
2024 · 23.1%
Current ratio
1.57▲
2024 · 1.37
Quick ratio
1.57▲
2024 · 1.37
Debt / equity
2.36▼
2024 · 3.34
ROE
38.6%▲
2024 · 19.4%
ROA
11.5%▲
2024 · 4.5%
Interest coverage
12.88▲
2024 · 6.02
Debt
€744k▼
2024 · €761k
Debt ≤ 1 year
€324k▲
2024 · €319k
Debt > 1 year
€420k▼
2024 · €443k
Income taxes
€38k▲
2024 · €1k
Staff costs
€885k▲
2024 · €736k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€989k€1.06M▲
Fixed assets21/28€553k€548k▼
Tangible fixed assets22/27€552k€548k▼
Land and buildings22€482k€481k▼
Plant, machinery and equipment23€42k€32k▼
Furniture and vehicles24€14k€19k▲
Leasing and similar rights25€15k€16k▲
Financial fixed assets28€340€340=
Current assets29/58€437k€511k▲
Amounts receivable within one year40/41€402k€384k▼
Trade receivables40€401k€382k▼
Other amounts receivable41€803€2k▲
Cash at bank and in hand54/58€32k€115k▲
Deferred charges and accrued income490/1€3k€12k▲
Equity and liabilities
Total equity and liabilities10/49€989k€1.06M▲
Equity10/15€228k€315k▲
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€220k€307k▲
Amounts payable17/49€761k€744k▼
Amounts payable after more than one year17€443k€420k▼
Financial debts170/4€443k€420k▼
Amounts payable within one year42/48€319k€324k▲
Current portion of amounts payable after more than one year42€106k€129k▲
Financial debts43€24k€26k▲
Credit institutions430/8€24k€26k▲
Trade debts44€101k€52k▼
Suppliers440/4€101k€52k▼
Taxes, remuneration and social security45€74k€103k▲
Taxes450/3€3k€8k▲
Remuneration and social security454/9€70k€95k▲
Other amounts payable47/48€14k€14k▼
Income statement
Code20242025
Non-recurring operating income76A-€19
Remuneration, social security and pensions62€736k€885k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€66k▼
Other operating charges640/8€10k€10k▲
Non-recurring operating charges66A€26k-
Gross operating margin9900€906k€1.14M▲
Operating profit (loss)9901€68k€178k▲
Financial income75/76B-€356
Recurring financial income75-€356
Financial charges65/66B€22k€19k▼
Recurring financial charges65€22k€19k▼
Profit (loss) for the period before taxes9903€46k€159k▲
Income taxes67/77€1k€38k▲
Profit (loss) for the period9904€44k€121k▲
Profit (loss) for the period to be appropriated9905€44k€121k▲
Appropriation of the result
Profit (loss) to be appropriated9906€239k€341k▲
Profit (loss) brought forward from the previous period14P€195k€220k▲
Profit to be distributed694/7€19k€35k▲
Return on contributions (dividend)694€19k€35k▲
Social balance
Average headcount (FTE)908712.314.5▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-05
Financial
Highest result since 2019net €121k ▲174%
Operating result €178k, net result €121k, both a record.
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
15-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-05
Financial
Equity above €200kEq €203k ▲16.7%
5 profitable years in a row build equity to €203k.
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-05
Financial
Equity above €150kEq €174k ▲20.2%
4 profitable years in a row build equity to €174k.
2021
10-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-05
Financial
Weakest financial yearnet €20k ▼76.1%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
31-05
Financial
Equity above €100kEq €108k ▲22.3%
2 profitable years in a row build equity to €108k.
2019
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2023
Kevin HERNOUX
CurrentDirector · since 28-12-2023
Nicolas DANIELS
CurrentDirector · since 28-12-2023
28-12-2023
Kevin HERNOUX: Appointed as Director
28-12-2023
Nicolas DANIELS: Appointed as Director
Location & real-estate footprint
Registered office, Amay · 1 establishment unit since 2018
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.
Rue du Pont(AMA) 284540 AmayGround area
3,000 m²
Building footprint
1,210 m²
Volume, LiDAR
5,516 m³
Parcel 61003B0303/00B002, Wallonia · tallest building 6.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
k&N Engineering
since 20182.271.993.188
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61003B0303/00B002 | Wallonia | 3,000 m² | 1 · 1,210 m² | 6.4 m · 2 fl. |
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
MARIS
BE 0428.596.577
Diest · Eq €315k
IMMO - SARAZINS
BE 0473.889.540
Namur · Eq €315k
Bouwonderneming Vervloesem Marc
BE 0436.563.346
Kampenhout · Eq €315k
RNEW
BE 0755.557.150
Donceel · Eq €315k
JVG BUILD
BE 0871.586.966
Etterbeek · Eq €314k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,868. 10,733 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-2017
Fiscal year end31-05
Activities, NACEBEL
41001General construction of residential buildings
81220Other building cleaning and industrial cleaning
33120Repair and maintenance of machinery
39000Remediation activities and other waste management service activities
42911Civil engineering
43110Demolition
43910Bricklaying and masonry work
43994Specialised construction activities
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.