Kanim
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 22-01-2026 PDF all 36 filings
Every figure per financial year
The operating result for 2025 is a loss of €81,114, smaller than the loss of €91,824 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €29,066 | €29,481 | €1,399 | €100,681 |
| Depreciation and write-downs of the year | €64,964 | €65,462 | €68,169 | €70,577 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,647 | €66,097 | €62,608 | €64,964 | €65,462 | €68,169 | €70,577 | ▲ 3.5% |
| Other operating charges640/8 | - | - | - | €12,702 | €17,116 | €13,243 | €9,075 | ▼ 31.5% |
| Gross operating margin9900 | €2,562 | €5,198 | €6,841 | €14,852 | -€2,704 | -€10,412 | -€1,463 | ▲ 86.0% |
| Operating profit (loss)9901 | -€71,794 | -€75,621 | -€68,153 | -€62,813 | -€85,282 | -€91,824 | -€81,114 | ▲ 11.7% |
| Financial income75/76B | - | - | - | €0 | - | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | €28 | €0 | - | €0 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €291 | €194 | €224 | €215 | ▼ 4.2% |
| Recurring financial charges65 | €192 | €290 | €305 | €291 | €194 | €224 | €215 | ▼ 4.2% |
| Profit (loss) for the period before taxes9903 | -€71,985 | -€75,911 | -€68,430 | -€63,104 | -€85,476 | -€92,048 | -€81,329 | ▲ 11.6% |
| Profit (loss) for the period9904 | -€71,985 | -€75,911 | -€68,430 | -€63,104 | -€85,476 | -€92,048 | -€81,329 | ▲ 11.6% |
| Profit (loss) for the period to be appropriated9905 | -€71,985 | -€75,911 | -€68,430 | -€63,104 | -€85,476 | -€92,048 | -€81,329 | ▲ 11.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €1.0m | €1.2m | €1.1m | €1.1m | €1.1m | €1.0m | €1.0m | ▲ 3.6% |
| Fixed assets21/28 | €1.0m | €1.2m | €1.1m | €1.1m | €1.0m | €1.0m | €1.0m | ▲ 3.1% |
| Tangible fixed assets22/27 | €1.0m | €1.2m | €1.1m | €1.1m | €1.0m | €1.0m | €1.0m | ▲ 3.1% |
| Land and buildings22 | - | - | - | €1.1m | €1.0m | €1.0m | €1.0m | ▲ 3.2% |
| Plant, machinery and equipment23 | - | - | - | €0.004m | €0.003m | €0.004m | €0.003m | ▼ 19.7% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 0.4% |
| Current assets29/58 | €0.005m | €0.008m | €0.006m | €0.009m | €0.01m | €0.009m | €0.01m | ▲ 63.3% |
| Cash at bank and in hand54/58 | €0.002m | €0.004m | €0.002m | €0.003m | €0.005m | €0.003m | €0.008m | ▲ 133% |
| Deferred charges and accrued income490/1 | - | - | - | €0.007m | €0.005m | €0.005m | €0.007m | ▲ 20.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €1.0m | €1.2m | €1.1m | €1.1m | €1.1m | €1.0m | €1.0m | ▲ 3.6% |
| Equity10/15 | €1.0m | €0.9m | €0.8m | €0.8m | €0.7m | €0.6m | €0.5m | ▼ 13.7% |
| Contributions10/11 | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Capital10 | - | - | - | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Issued capital100 | - | - | - | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Profit (loss) carried forward14 | -€0.5m | -€0.6m | -€0.6m | -€0.7m | -€0.8m | -€0.9m | -€0.9m | ▼ 9.4% |
| Amounts payable17/49 | €0.05m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.5m | ▲ 29.6% |
| Amounts payable within one year42/48 | €0.05m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.5m | ▲ 29.8% |
| Trade debts44 | €0.002m | €0.003m | €0 | €0.005m | €0.003m | €0.002m | €0.002m | ▲ 50.1% |
| Suppliers440/4 | - | - | - | €0.005m | €0.003m | €0.002m | €0.002m | ▲ 50.1% |
| Other amounts payable47/48 | - | - | - | €0.3m | €0.4m | €0.4m | €0.5m | ▲ 29.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.005m | €0.002m | €0.003m | ▲ 3.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€71,985 | -€75,911 | -€68,430 | -€63,104 | -€85,476 | -€92,048 | -€81,329 | ▲ 11.6% |
| + Depreciation and write-downs630 | €60,647 | €66,097 | €62,608 | €64,964 | €65,462 | €68,169 | €70,577 | ▲ 3.5% |
| Operating cash flow (approximation) | -€11,339 | -€9,814 | -€5,822 | €1,859 | -€20,014 | -€23,879 | -€10,752 | ▲ 55.0% |
| Investment in fixed assets (approximation) | - | -€203,603 | -€15,206 | -€29,066 | -€29,481 | -€1,399 | -€100,681 | ▼ 7,097% |
| Change in cash | - | €2,717 | -€2,134 | €189 | €2,913 | -€2,121 | €4,455 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 8,617 companies had the same profile as Kanim has now. Two years later, 94.1% were still going and 0.4% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Kanim itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 8,617 companies, not a prediction for Kanim. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 22-01-2026 | 2026-00012716 | |
| 30-06-2024 | micro format | 28-01-2025 | 2025-00014795 | |
| 30-06-2023 | micro format | 17-01-2024 | 2024-00005800 | |
| 30-06-2022 | micro format | 31-01-2023 | 2023-00021035 | |
| 30-06-2021 | micro format | 21-01-2022 | 2022-01300384 | |
| 30-06-2020 | micro format | 29-12-2020 | 2020-77400355 | |
| 30-06-2019 | micro format | 20-01-2020 | 2020-01600405 | |
| 30-06-2018 | micro format | 15-01-2019 | 2019-01300463 | |
| 30-06-2017 | micro format | 15-01-2018 | 2018-01300048 | |
| 30-06-2016 | abbreviated format | 16-01-2017 | 2017-01300170 |