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KEGELS

Active
Public limited companyfounded 1984active for 42 yearsKerkstraat(SGW) 66, 9170 Sint-Gillis-Waas, BelgiumKBO/BCE: BE 0425.490.401

From the official registers: KBO 42 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

KEGELS has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €599,218 and a net result of €121,465. Equity has been growing by about 5.6% per year since 2018. Its solvency ranks better than 71% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

KBO
Status
Active since 07-03-1984 Normal situation
Activity
Retail sale of watches and jewellery NACE 47770
Establishment unit
2.024.275.578 9170 Sint-Gillis-Waas, since 07-03-1984
Financial year end
31 December
Peppol
Reachable since 18-06-2025

Board and ownership

Board

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€220,144
▲ 4.7%
Turnover
≈ €700,000
estimated
Profit
€121,465
▲ 23.3%
Equity
€599,218
▲ 25.0%
Total assets
€1.0m
▲ 16.7%
Staff
1.3 FTE
▲ 30.0%
Filed on 15-06-2026, 46 days before the deadlinePDF
Score breakdownraises riskSector: Retail trade (NACE 47)lowers riskFounded in 1984Size: total assets €1.0mFigures for financial year 2025 (filed on 15-06-2026)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 retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 83+3
equity 58.4% of total assets
Liquidity 47+3
short-term debt 31.7% · cash 8.7%
Profitability 84+1
return on assets 11.8%
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 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged 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 04-2026highest value 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.83 (2.61 in 2024), above the usual 1.5. Short-term debt is 31.7% and cash 8.7% of total assets. 41.6% 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 47, micro). It does better than 71% of them on solvency, 47% on liquidity, 77% on profitability and 76% on growth.

The bankruptcy probability was computed on 31-10-2026 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 riskraises riskneutral
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Founded in 1984
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €1.0m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 15-06-2026)
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 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 days early
2024
57 days early
2023
63 days early
2022
62 days early
2021
54 days early
2020
37 days early
2019
15 days early
← 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 48 days before the deadline. In the sector (NACE 47), 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 4 June (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
01-11-2026 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 95% of companies in retail tradesector median €5,089 · 22,707 companies €121,465 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €121,465 8 years View

Comparable companies

These companies have the same main activity as KEGELS: retail sale of watches and jewellery (NACE 47770). They are comparable in size and age: total assets between €908,000 and €1.2m, founded between 1983 and 1989.

CompanyTotal assetsGross margin
KEGELS Sint-Gillis-Waas€1.0m€0.2m
PETER DE MAERE Eeklo€1.0m€0.2m
JUWELIER VRANCKEN WATERSCHEI Genk€1.0m€0.2m
BIJOUTERIE TOUSSAINT & JADOT Ciney€1.0m€0.3m
Adin Antwerpen€0.9m€0.2m
GRAZIELLA Beauraing€1.0m€0.2m
THE SHAMROCK Antwerpen€1.2m€0.3m
Full comparison

Documents

Annual accounts at the NBB

All 42 annual accounts

Articles and registers

Key facts about KEGELS

What is the company number of KEGELS?
The company number of KEGELS is 0425.490.401. The VAT number is the same number with BE in front: BE 0425.490.401.
Where is KEGELS based?
The registered office is at Kerkstraat(SGW) 66, 9170 Sint-Gillis-Waas.Company details
What does KEGELS do?
According to the KBO register, the main activity is retail sale of watches and jewellery (NACE 47770).
What is the legal form of KEGELS?
The legal form of KEGELS is Public limited company (NV).
When was KEGELS founded?
KEGELS was founded on 07-03-1984.
Is KEGELS still active?
Yes, KEGELS is an active enterprise in the KBO register.
How many employees does KEGELS have?
KEGELS had an average of 1.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of KEGELS?
The turnover in financial year 2025 is ≈ €700,000. This figure is estimated from the gross margin of €220,144 and 32 comparable companies (NACE 477). It probably lies between €480,000 and €1.4m.
Is KEGELS profitable?
In financial year 2025, KEGELS made a profit of €121,465.
Where can I find the annual accounts of KEGELS?
KEGELS filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of KEGELS due?
KEGELS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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