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Kanes Machines

Active
Private limited companyfounded 2017active for 9 yearsBrandhoutstraat 70, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0669.617.724
Summary

Kanes Machines has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €344,984. Equity has been growing by about 27% per year since 2018. Its solvency ranks better than 76% of 1,308 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 16-01-2017 Normal situation
Activity
Bodywork repair (including spraying and painting) NACE 95314and 7 others
Joint committees
149.04 Paritair Subcomité voor de metaalhandel
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment units
2.260.351.408 3350 Linter, since 16-01-2017
2.288.049.658 4460 Grâce-Hollogne, since 01-01-2018
Financial year end
31 December
Peppol
Reachable since 13-08-2025

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€915,732
▼ 0.2%
Turnover
≈ €3.5m
estimated
Profit
€344,984
▼ 6.8%
Equity
€1.3m
▼ 9.9%
Total assets
€1.9m
▲ 6.9%
Employees on 31-12-2025
6
▲ 20.0%
Score breakdownlowers riskLiquidity: current ratio 3.15, cash €850,565Equity €1.3m (69.3% of total assets)Figures for financial year 2025 (filed on 22-07-2026)Profit of €344,984 (financial year 2025)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of micro companies in repair of computers and personal goods (NACE 95)
Financial strength · tick: 2024
Strong
Solvency 94-6
equity 69.3% of total assets
Liquidity 90+13
short-term debt 25.7% · cash 44.2%
Profitability 91-3
return on assets 17.9%
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 0.5% (5,129 companies, NACE 95, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.1%▼ -0.1 percentage points vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025highest value 07-2025: 0.1%▼ -0.1 percentage points 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: 0.2%▲ +0.1 percentage points vs 06-2026 08-2026: 0.1%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €120,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.15 (6.39 in 2024), above the usual 1.5. Short-term debt is 25.7% and cash 44.2% of total assets. 30.7% 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 95, micro). It does better than 79% of them on solvency, 89% on liquidity, 81% on profitability and 22% on growth.

The bankruptcy probability was computed on 03-11-2026 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 3.15, cash €850,565
NBB · annual accounts
lowers risk · Equity €1.3m (69.3% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 22-07-2026)
NBB · annual accounts
lowers risk · Profit of €344,984 (financial year 2025)
NBB · annual accounts
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 22-07-2026, 9 days ahead of the deadline.
NBB · 9 filings
Deviation from the deadline
2025
9 days early
2024
37 days early
2023
15 days early
2022
8 days late
2021
10 days late
2020
13 days late
2019
54 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 3 days after the deadline. In the sector (NACE 95), 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 July (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
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 93% of companies in repair of computers and personal goodssector median €29,290 · 1,304 companies €344,984 View
  • Positive: 8 profitable years in a rowprofit 2025: €344,984 8 years View

Recent changes

  1. · Gazette deed Registered office moved from Linter to Sint-TruidenNew seat: 3800 Sint-Truiden, Brandhoutstraat 70 · Previous seat: 3350 Linter, Sint-Truidensesteenweg 113 · Change of role: KAZACHVILI Nestor, from manager to director
  2. · Gazette deed Incorporation
All 16 events

Comparable companies

These companies have the same main activity as Kanes Machines: bodywork repair (including spraying and painting) (NACE 95314). They are comparable in size and age: total assets between €1.5m and €3m, founded between 2006 and 2021.

CompanyTotal assetsGross margin
Kanes Machines Sint-Truiden€1.9m€0.9m
CARROSSERIE TEEUWEN Lommel€2.0m€0.9m
FRIJNS UNLIMITED Lanaken€2.2m€0.6m
Carrosserie Van Herck Herenthout€2.7m€0.9m
Bogemans Automotive Grimbergen€3.0m€0.5m
CARROSSERIE BENNY DEPUYDT Gent€1.5m€0.9m
CARROSSERIE STEP Maasmechelen€1.9m€0.9m
Full comparison

Key facts about Kanes Machines

What is the company number of Kanes Machines?
The company number of Kanes Machines is 0669.617.724. The VAT number is the same number with BE in front: BE 0669.617.724.
Where is Kanes Machines based?
The registered office is at Brandhoutstraat 70, 3800 Sint-Truiden.Company details
What does Kanes Machines do?
According to the KBO register, the main activity is bodywork repair (including spraying and painting) (NACE 95314).
What is the legal form of Kanes Machines?
The legal form of Kanes Machines is Private limited company (BV).
When was Kanes Machines founded?
Kanes Machines was founded on 16-01-2017.
Is Kanes Machines still active?
Yes, Kanes Machines is an active enterprise in the KBO register.
How many employees does Kanes Machines have?
Kanes Machines had an average of 5.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Kanes Machines fall under?
In its 2025 annual accounts, Kanes Machines states joint committees 149.04 (Paritair Subcomité voor de metaalhandel) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Kanes Machines?
The turnover in financial year 2025 is ≈ €3.5m. This figure is estimated from the gross margin of €915,732 and 35 comparable companies (NACE 953). It probably lies between €2.5m and €4.6m.
Is Kanes Machines profitable?
In financial year 2025, Kanes Machines made a profit of €344,984.
Where can I find the annual accounts of Kanes Machines?
Kanes Machines filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Kanes Machines due?
Kanes Machines must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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