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KABUKI

Active
Private limited companyfounded 200521 yrs activeTernesselei 181, 2160 Wommelgem, BelgiumKBO/BCE: BE 0871.261.720

KABUKI has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.34M and a net result of €170k. Equity is growing by ~22.4% per year across the filed fiscal years. Its solvency ranks better than 78% of 623 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
85 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+2
Solvency99▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 3.16 against 2.41 in 2024; short-term debt: 24.4% and cash: 16.1% of total assets), and 26.3% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← 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 2025
Solvency, return and age of the figures
Solvency
73.7%
Return on assets
9.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 21 years 0 30 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
4 d early
2024
30 d early
2023
28 d early
2022
21 d late
2021
31 d late
2020
2 d early
2019
145 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
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 2025, abbreviated schema

Equity
€1.34M▲ 12.9%
2024 · €1.19M
2018: €392k 2019: €409k 2020: €327k 2021: €517k 2022: €872k 2023: €1.10M 2024: €1.19M
2018 → 2025
Total assets
€1.82M▲ 2.6%
2024 · €1.77M
2018: €957k 2019: €1.01M 2020: €741k 2021: €961k 2022: €1.50M 2023: €1.81M 2024: €1.77M
2018 → 2025
Net result
€170k▲ 32.9%
2024 · €128k
2018: €37k 2019: €17k 2020: €-82k 2021: €190k 2022: €355k 2023: €244k 2024: €128k
2018 → 2025
Working capital
€961k▲ 24.1%
2024 · €774k
2018: €128k 2019: €159k 2020: €93k 2021: €246k 2022: €556k 2023: €713k 2024: €774k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€517k-€872k▲ 68.6%€1.10M▲ 26.0%€1.19M▲ 8.3%€1.34M▲ 12.9%
Operating result€249k-€537k▲ 116%€375k▼ 30.1%€208k▼ 44.6%€264k▲ 27.2%
Net result€190k-€355k▲ 86.6%€244k▼ 31.1%€128k▼ 47.6%€170k▲ 32.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400k€600kOperating result 2021: €249k€249kNet result 2021: €190k€190kOperating result 2022: €537k€537kNet result 2022: €355k€355kOperating result 2023: €375k€375kNet result 2023: €244k€244kOperating result 2024: €208k€208kNet result 2024: €128k€128kOperating result 2025: €264k€264kNet result 2025: €170k€170k20212022202320242025
The operating result recovers in 2025; 2025 is 27% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.82M
Fixed assets €417k▼ 7.4%
Current assets €1.40M▲ 6.0%
Equity and liabilities €1.82M
Equity €1.34M▲ 12.9%
Debt €478k▼ 18.2%
The debt ratio falls from 33.0% to 26.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€377k
2024 · €325k
Cash flow
€284k
2024 · €245k
Solvency
73.7%
2024 · 67.0%
Current ratio
3.16
2024 · 2.41
Quick ratio
2.98
2024 · 2.26
Debt / equity
0.36
2024 · 0.49
ROE
12.7%
2024 · 10.8%
ROA
9.4%
2024 · 7.2%
Interest coverage
72.78
2024 · 33.21
Debt
€478k
2024 · €585k
Debt ≤ 1 year
€444k
2024 · €550k
Debt > 1 year
€34k
2024 · €35k
Income taxes
€91k
2024 · €70k
Staff costs
€751k
2024 · €761k
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€1.77M€1.82M
Fixed assets21/28€450k€417k
Tangible fixed assets22/27€294k€261k
Land and buildings22€56k€70k
Plant, machinery and equipment23€118k€96k
Furniture and vehicles24€120k€95k
Financial fixed assets28€156k€156k=
Current assets29/58€1.32M€1.40M
Stocks and contracts in progress3€83k€83k
Stocks30/36€83k€83k
Amounts receivable within one year40/41€909k€981k
Trade receivables40€589k€771k
Other amounts receivable41€319k€210k
Cash at bank and in hand54/58€285k€293k
Deferred charges and accrued income490/1€48k€48k
Equity and liabilities
Total equity and liabilities10/49€1.77M€1.82M
Equity10/15€1.19M€1.34M
Contributions10/11€19k€19k=
Reserves13€1.17M€1.32M
Distributable reserves133€1.17M€1.32M
Amounts payable17/49€585k€478k
Amounts payable after more than one year17€35k€34k
Financial debts170/4€35k€34k
Amounts payable within one year42/48€550k€444k
Current portion of amounts payable after more than one year42€84k€55k
Trade debts44€220k€230k
Suppliers440/4€220k€230k
Advances received on contracts in progress46€121k-
Taxes, remuneration and social security45€69k€107k
Taxes450/3-€36k
Remuneration and social security454/9€69k€70k
Other amounts payable47/48€56k€53k
Income statement Code20242025
Remuneration, social security and pensions62€761k€751k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€117k€113k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€11k
Other operating charges640/8€16k€11k
Non-recurring operating charges66A€64-
Gross operating margin9900€1.10M€1.15M
Operating profit (loss)9901€208k€264k
Financial income75/76B€483€3k
Recurring financial income75€483€3k
Financial charges65/66B€10k€5k
Recurring financial charges65€10k€5k
Profit (loss) for the period before taxes9903€198k€261k
Income taxes67/77€70k€91k
Profit (loss) for the period9904€128k€170k
Profit (loss) for the period to be appropriated9905€128k€170k
Appropriation of the result
Profit (loss) to be appropriated9906€128k€170k
Transfer from equity791/2€37k€17k
Transfer to equity691/2€128k€170k
To other reserves6921€128k€170k
Profit to be distributed694/7€37k€17k
Return on contributions (dividend)694€37k€17k
Social balance
Average headcount (FTE)908711.911.2

The notes to these accounts (10 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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
01-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Equity above €1MEq €1.10M ▲26%
3 profitable years in a row build equity to €1.10M.
21-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 21 days late
2022
31-12
Financial Highest result since 2018net €355k ▲86.6%
Operating result €537k, net result €355k, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial Back to profitnet €190k
Net result €190k after one loss-making year.
31-12
Financial Equity above €500kEq €517k ▲58.1%
Equity rises from €327k to €517k.
29-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Weakest financial yearnet €-82k ▼583%
Net result drops to €-82k, the lowest in the series; recovery starts the following year.
23-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 145 days late
2019
31-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
28-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
08-07-2022 Ann Van den Eeden: Resigned as Director
15-06-2018 Erik Van den Eeden: Resigned as Manager
Location & real-estate footprint
Registered office, Wommelgem · 1 establishment unit since 2005
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.

Ternesselei 1812160 Wommelgem
Ground area
8,394 m²
Building footprint
4,831 m²
Volume, LiDAR
24,044 m³
Parcel 11052A0280/00A003, Flanders · tallest building 14.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KABUKI
Ternesselei 181, 2160 WommelgemNACE 5552202
since 20052.262.125.419
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11052A0280/00A003 Flanders 8,394 m² 1 · 4,830 m² 14.9 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.

Public money · subsidies and aid

Flemish government

2024 to 2025 · 2 entries · 1,395 EUR awarded · 1,335 EUR paid
Year Entries awardedpaid
2025 1 1,092 EUR1,092 EUR
2024 1 303 EUR243 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
2 entries · 1,395 EUR · 1,335 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Dual-learning approval

8 live approvals · 7 ended
Binnenschrijnwerk en interieur duaal (so)
Goedgekeurd · 2023 to 2028
Decor- en standenbouwer duaal (so)
Goedgekeurd · 2023 to 2028
Interieurbouwer duaal (so)
Goedgekeurd · 2023 to 2028
Logistiek duaal (so)
Goedgekeurd · 2023 to 2028
Machinaal houtbewerker duaal (so)
Goedgekeurd · 2023 to 2028
Magazijnmedewerker (vwo)
Goedgekeurd · 2023 to 2028
Show 2 more
Magazijnmedewerker duaal (so)
Goedgekeurd · 2023 to 2028
Medewerker hout duaal (so)
Goedgekeurd · 2023 to 2028

Similar companies · same sector, comparable size

Of 1,236 companies in sector 74140 we hold annual accounts for 352. 129 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded18-01-2005
Fiscal year end31-12
Activities, NACEBEL
74109Other professional, scientific and technical activities
74140Other specialised design activities
74872
92313
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
90022Arts creation and performing arts activities
90393Specialised image, lighting and sound technical services
90392Design and construction of stages and sets
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.