KELLEN
ActiveSummary
KELLEN has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.1m and a net result of €524,552. Equity has been growing by about 21% per year since 2019. Its solvency ranks better than 69% of 1,164 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 31-01-1994 Normal situation
- Activity
- Other business support services NACE 82990and 1 other
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.131.087.426 1150 Sint-Pieters-Woluwe, since 03-11-1993
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- Perrachon JeanDirector · since 06-04-2021
- SCARDIGLI MANAGEMENT BVDirector · since 01-01-2022
- A. WESTGEEST BVDirector · since 03-06-2025
- Auditor
- CALLENS VANDELANOTTE NV
- KELLEN HOLDINGS EUROPE100%2025 annual accounts of KELLEN HOLDINGS EUROPE
- Willow Park Companies Incconsolidatesannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €4.8m
- ▼ 7.2%
- Turnover
- ≈ €7.5m
- estimated
- Profit
- €524,552
- ▼ 32.6%
- Equity
- €2.1m
- ▲ 24.7%
- Total assets
- €3.0m
- ▼ 0.9%
- Employees on 31-12-2025
- 37
- ▼ 14.0%
Score breakdownlowers riskLiquidity: current ratio 4.18, cash €1.4mEquity €2.1m (67.8% of total assets)Founded in 1994Profit of €524,552 (financial year 2025)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 82, small). It does better than 72% of them on solvency, 95% on liquidity, 89% on profitability and 79% on growth.
The bankruptcy probability was computed on 01-11-2026 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 45 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: 10th largest company by equity in Sint-Pieters-Woluwe, Administrative and support services sectorin the Checked rankings No. 10 View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 7 profitable years in a rowprofit 2025: €524,552 7 years View
- Board changedlatest change 23-07-2026 · 5 in office 1 joined · 1 left View
- Caution: Result fell in 2025from €778,052 to €524,552 ▼ 32.6% View
Recent changes
- · Gazette deed Merger: KELLEN takes over KELLEN HOLDINGS EUROPECapital increase of €62,500 to €186,000 · Resignation: KELLEN HOLDINGS EUROPE (director) · Appointment: Willow Park Management LLC (director)
- · Gazette deed Merger proposal: KELLEN takes over KELLEN HOLDINGS EUROPEPermanent representatives: Maria Scardigli and Alfonsus Westgeest
- · Gazette deed Reappointments: A.WESTGEESTBV (director) and PeterStephenRush (director)Permanent representative: WestgeestAlfons · Appointment: CallensVandelanotteNV (statutory auditor)
Comparable companies
These companies have the same main activity as KELLEN: other business support services (NACE 82990). They are comparable in size and age: total assets between €2.2m and €6.5m, founded between 1978 and 2001.
| Company | Total assets | Gross margin |
|---|---|---|
| KELLEN Sint-Pieters-Woluwe | €3.0m | €4.8m |
| MATTHYS & PARTNERS Antwerpen | €3.1m | €3.9m |
| FIDUCIAIRE BOVY Mons | €3.8m | €4.2m |
| ASM BELGIUM Elsene | €2.2m | €3.2m |
| ENVIRONMENTAL COALITION ON STANDARDS Brussel | €6.5m | €4.0m |
| OBASI Tienen | €4.4m | €5.5m |
| DELTA MAINTENANCE Herstal | €3.4m | €2.7m |
Key facts about KELLEN
- What is the company number of KELLEN?
- The company number of KELLEN is 0451.884.396. The VAT number is the same number with BE in front: BE 0451.884.396.
- Where is KELLEN based?
- The registered office is at Tervurenlaan 188 A, 1150 Sint-Pieters-Woluwe.Company details
- What does KELLEN do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of KELLEN?
- The legal form of KELLEN is Public limited company (NV).
- When was KELLEN founded?
- KELLEN was founded on 31-01-1994.
- Is KELLEN still active?
- Yes, KELLEN is an active enterprise in the KBO register.
- How many employees does KELLEN have?
- KELLEN had an average of 39.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KELLEN fall under?
- In its 2025 annual accounts, KELLEN states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of KELLEN?
- The turnover in financial year 2025 is ≈ €7.5m. This figure is estimated from the gross margin of €4.8m and 40 comparable companies (NACE 82). It probably lies between €5.6m and €11.0m.
- Is KELLEN profitable?
- In financial year 2025, KELLEN made a profit of €524,552.
- Where can I find the annual accounts of KELLEN?
- KELLEN filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KELLEN due?
- KELLEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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