KENBAT (0441.501.735): annual accounts, directors and company register

KENBAT

Ghent ·KBO/BCE: BE 0441.501.735

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%

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%

Company
KENBAT Ghent	€14.0m	€685,310	-4.5%	-
MARIAGAARDE Temse	€14.8m	€646,783	-5.1%	-
PHILSTONE Ghent	€12.9m	€709,894	24.0%	0.8
DEMALO Destelbergen	€11.8m	€674,895	45.6%	1
HULLYNCK Tielt	€16.2m	€681,856	42.4%	-
DEPOORTER IMMOBILIEN Middelkerke	€14.2m	€592,027	97.7%	-
POULEYN IMMO Anzegem	€15.3m	€811,793	62.3%	0

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	14.0m	14.8m	16.3m	4.4m	1.6m	1.6m	730,794	833,527	711,356	793,626	844,584	914,950	978,064	1.0m	1.1m	1.2m	1.3m	1.4m	1.5m	1.7m
`21/28`	12.2m	12.8m	13.5m	2.2m	-	-	712,381	777,607	670,907	731,500	811,103	863,424	924,436	956,472	1.0m	1.1m	1.2m	1.3m	1.3m	1.4m
`22/27`	12.2m	12.8m	13.5m	2.2m	-	-	712,381	777,607	670,907	731,500	811,103	863,424	924,436	956,472	1.0m	1.1m	1.2m	1.3m	1.3m	1.4m
`22`	11.7m	12.2m	12.7m	2.2m	-	-	593,420	643,644	670,907	719,547	797,534	850,923	924,436	956,472	1.0m	1.1m	1.2m	1.3m	1.3m	1.4m
`23`	125,154	119,810	88,036	-	-	-	118,961	133,962	-	11,953	13,568	12,501	-	-	-	-	-	-	-	-
`24`	366,052	538,360	710,669	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`29/58`	1.8m	2.0m	2.8m	2.3m	1.6m	1.6m	18,413	55,920	40,449	62,126	33,481	51,526	53,628	50,758	96,540	73,225	78,709	139,342	215,642	288,618
`3`	1.5m	1.5m	1.5m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`30/36`	1.5m	1.5m	1.5m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`40/41`	153,352	218,614	296,282	1.6m	65,477	25,770	3,476	21,539	26,635	30,441	28,505	27,222	28,534	28,189	45,437	17,321	31,690	54,853	117,036	40,378
`40`	144,196	205,921	254,738	1.2m	65,477	9,459	1,879	13,085	6,350	4,863	420	1,445	3,564	1,189	2,660	508	15,888	16,663	84,219	6,719
`41`	9,156	12,693	41,545	456,183	-	16,310	1,598	8,455	20,286	25,577	28,085	25,776	24,970	27,000	42,777	16,814	15,802	38,190	32,817	33,659
`50/53`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	70,000	-	225,000
`51/53`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	70,000	-	225,000
`54/58`	138,949	249,098	969,114	651,284	1.6m	1.6m	14,158	33,635	13,813	31,685	4,977	24,280	25,070	21,213	51,091	55,803	45,369	14,489	98,606	23,239
`490/1`	571	566	542	-	-	-	779	746	-	-	-	24	24	1,356	12	100	1,650	-	-	-
Balance sheet: equity and liabilities
`10/49`	14.0m	14.8m	16.3m	4.4m	1.6m	1.6m	730,794	833,527	711,356	793,626	844,584	914,950	978,064	1.0m	1.1m	1.2m	1.3m	1.4m	1.5m	1.7m
`10/15`	-635,317	71,834	709,366	1.2m	1.2m	1.2m	-55,098	30,052	111,499	149,727	187,736	219,400	204,180	177,870	182,626	198,005	171,348	139,504	49,551	37,458
`10/11`	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736
`10`	148,736	148,736	148,736	148,736	148,736	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`100`	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736	148,736
`13`	1.1m	1.1m	1.2m	1.3m	1.3m	1.3m	15,371	15,371	15,371	15,371	15,371	15,371	15,371	15,371	15,371	15,371	15,371	15,371	15,371	15,371
`130/1`	14,874	14,874	14,874	14,874	14,874	14,874	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`130`	14,874	14,874	14,874	14,874	14,874	14,874	14,874	14,874	14,874	14,874	14,874	14,874	14,874	14,874	14,874	14,874	14,874	14,874	14,874	14,874
`132`	1.1m	1.1m	1.2m	1.3m	1.3m	1.3m	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`133`	498	498	498	498	498	498	498	498	498	498	498	498	498	498	498	498	498	498	498	498
`14`	-1.9m	-1.2m	-651,795	-221,089	-226,698	-270,108	-219,205	-134,056	-52,608	-14,380	23,629	55,293	40,072	13,763	18,519	33,898	7,240	-24,603	-114,556	-126,649
`16`	356,827	377,923	399,018	420,113	421,905	421,905	-	-	-	-	-	-	-	-	18,921	47,119	43,085	11,271	11,271	30,650
`160/5`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,921	47,119	43,085	11,271	11,271	30,650
`162`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,921	47,119	43,085	11,271	11,271	30,650
`168`	356,827	377,923	399,018	420,113	421,905	421,905	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`17/49`	14.3m	14.4m	15.1m	2.8m	3,162	39,033	785,891	803,476	599,857	643,898	656,848	695,550	773,885	829,360	920,088	921,108	1.0m	1.2m	1.5m	1.6m
`17`	7.1m	11.7m	14.8m	2.8m	-	-	-	-	-	-	-	-	-	-	-	530,000	530,000	1.2m	1.4m	1.0m
`170/4`	7.1m	11.7m	14.8m	2.8m	-	-	-	-	-	-	-	-	-	-	-	530,000	530,000	1.2m	1.4m	1.0m
`173`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	660,000	900,000	1.0m
`174`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	530,000	530,000	530,000	530,000	-
`42/48`	7.2m	2.6m	217,752	20,132	3,162	39,033	737,943	786,940	599,857	643,898	656,848	695,550	773,885	829,360	896,238	367,170	485,701	34,079	25,800	553,490
`42`	168,349	136,402	-	-	-	-	630,000	630,000	530,000	530,000	530,000	530,000	530,000	530,000	705,000	270,000	420,000	-	-	12,082
`43`	-	-	-	-	-	-	-	-	-	90,000	95,000	80,000	150,000	230,000	-	-	-	-	-	-
`430/8`	-	-	-	-	-	-	-	-	-	90,000	95,000	80,000	150,000	230,000	-	-	-	-	-	-
`44`	60,008	75,966	86,468	5,620	868	19,981	96,977	122,207	52,383	7,068	6,611	34,878	33,018	31,760	39,093	47,744	32,129	13,066	15,121	10,240
`440/4`	60,008	75,966	86,468	5,620	868	19,981	96,977	122,207	52,383	7,068	6,611	34,878	33,018	31,760	39,093	47,744	32,129	13,066	15,121	10,240
`46`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,582	15,199	-	-
`45`	1,999	1,349	3,428	-	2,294	19,052	10,966	34,733	17,474	16,831	25,237	29,420	33,679	23,055	32,213	15,061	10,990	5,814	10,678	1,168
`450/3`	1,999	1,349	3,428	-	2,294	19,052	10,966	34,733	17,474	16,831	25,237	29,420	33,679	23,055	32,213	15,061	10,990	5,814	10,678	1,168
`47/48`	6.9m	2.4m	127,856	14,513	-	-	-	-	-	-	-	21,252	27,187	14,545	119,932	34,364	-	-	-	530,000
`492/3`	9,490	63,255	161,517	-	-	-	47,948	16,536	-	-	-	-	-	-	23,850	23,938	23,850	23,850	25,290	86,671
Income statement
`70/76A`	-	-	-	-	-	-	-	-	-	-	310,070	387,427	421,989	343,761	419,997	427,550	422,993	397,499	283,008	263,979
`70`	-	-	-	-	-	-	-	-	-	-	308,212	387,427	421,989	340,869	419,556	425,325	419,534	397,286	283,008	263,979
`76A`	-	-	4,777	-	-	1.7m	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9900`	685,310	720,942	688,988	27,608	48,352	1.7m	60,124	82,515	97,559	108,869	-	-	-	-	-	-	-	-	-	-
`60/66A`	-	-	-	-	-	-	-	-	-	-	322,287	323,669	340,427	300,127	360,201	324,457	329,177	225,727	190,502	197,779
`61`	-	-	-	-	-	-	-	-	-	-	186,187	191,292	208,442	198,046	238,239	187,595	167,884	102,240	85,654	66,682
`630`	693,129	688,753	618,786	6,927	-	-	84,763	80,719	72,361	81,178	80,604	77,697	73,583	68,624	82,274	82,267	84,088	96,882	98,380	98,308
`631/4`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,187	-	-	-	-
`635/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-18,921	-28,198	4,034	31,814	-	-19,379	7,382
`640/8`	55,132	53,629	44,242	990	988	50,631	41,726	66,684	47,468	47,553	55,497	54,680	58,402	52,378	67,885	40,373	45,392	26,605	25,846	25,406
`66A`	-	-	5,450	-	-	-	621	-	-	-	-	-	-	-	-	-	-	-	-	-
`9901`	-62,951	-21,439	20,510	19,691	47,364	1.7m	-66,986	-64,888	-22,269	-19,862	-12,217	63,757	81,562	43,635	59,796	103,093	93,816	171,772	92,506	66,200
`75/76B`	1,212	-	-	-	0	-	0	0	-	-	7	108	32	414	79	100	803	6,659	2,105	4,441
`75`	1,212	-	-	-	0	-	0	0	-	-	7	108	32	414	79	100	803	6,659	2,105	4,441
`751`	-	-	-	-	-	-	-	-	-	-	-	-	-	53	48	78	390	6,579	2,065	4,383
`752/9`	-	-	-	-	-	-	-	-	-	-	7	108	32	360	32	22	413	80	40	59
`65/66B`	666,507	637,189	535,596	14,686	3,954	14,375	18,164	16,560	15,959	18,146	19,452	22,189	22,656	34,259	39,631	42,171	47,238	82,218	82,518	84,899
`65`	666,507	637,189	535,596	14,686	3,954	14,375	18,164	16,560	15,959	18,146	19,452	22,189	22,656	34,259	39,631	42,171	47,238	82,218	82,518	84,899
`650`	-	-	-	-	-	-	-	-	-	-	17,612	18,842	18,778	34,096	39,462	42,023	47,063	82,040	82,452	84,715
`652/9`	-	-	-	-	-	-	-	-	-	-	1,840	3,348	3,878	163	169	148	175	177	66	183
`9903`	-728,246	-658,628	-515,086	5,006	43,410	1.6m	-85,149	-81,448	-38,228	-38,009	-31,662	41,676	58,938	9,789	20,245	61,022	47,381	96,214	12,093	-14,257
`780`	21,095	21,095	84,381	1,792	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`67/77`	-	-	-	-	-	-	-	-	-	-	2	5,203	5,441	-	15,691	-	15,537	6,261	-	-
`670/3`	-	-	-	-	-	-	-	-	-	-	2	5,203	5,441	-	15,691	-	15,537	6,261	-	-
`9904`	-707,151	-637,532	-430,705	6,797	43,410	1.2m	-85,149	-81,448	-38,228	-38,009	-31,664	36,473	53,497	9,789	4,553	61,022	31,844	89,953	12,093	-14,257
`789`	63,286	63,286	-	5,375	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`689`	-	-	-	-	-	1.3m	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`9905`	-643,865	-574,247	-430,705	12,172	43,410	-50,903	-85,149	-81,448	-38,228	-38,009	-31,664	36,473	53,497	9,789	4,553	61,022	31,844	89,953	12,093	-14,257
Appropriation of the result
`9906`	-1.9m	-1.2m	-651,795	-214,525	-226,698	-270,108	-219,205	-134,056	-52,608	-14,380	23,629	76,545	67,260	28,308	38,451	68,262	7,240	-24,603	-114,556	-126,649
`14P`	-1.2m	-651,795	-221,089	-226,698	-270,108	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`694/7`	-	-	-	6,564	-	-	-	-	-	-	-	21,252	27,187	14,545	19,932	34,364	-	-	-	-
`695`	-	-	-	6,564	-	-	-	-	-	-	-	21,252	27,187	14,545	19,932	34,364	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	full format	02-07-2026	2026-00241430	PDF
31-12-2024	abbreviated format	07-07-2025	2025-00238680	PDF
31-12-2023	abbreviated format	25-06-2024	2024-00161911	PDF
31-12-2022	abbreviated format	27-06-2023	2023-00163248	PDF
31-12-2021	abbreviated format	28-06-2022	2022-20109411	PDF
31-12-2020	micro format	21-06-2021	2021-21900397	PDF
31-12-2019	micro format	16-06-2020	2020-17400049	PDF
31-12-2018	micro format	11-06-2019	2019-17500552	PDF
31-12-2017	micro format	11-06-2018	2018-17700493	PDF
31-12-2016	abbreviated format	16-06-2017	2017-18200176	PDF
31-12-2015	full format	05-07-2016	2016-28900431	PDF
31-12-2014	full format	01-07-2015	2015-26200450	PDF
31-12-2013	full format	01-07-2014	2014-25700528	PDF
31-12-2012	full format	01-08-2013	2013-38800058	PDF
31-12-2011	full format	24-08-2012	2012-45100128	PDF
31-12-2010	full format	28-07-2011	2011-35000399	PDF
31-12-2009	full format	07-07-2010	2010-28100399	PDF
31-12-2008	full format	06-07-2009	2009-38300346	PDF
31-12-2007	full format	08-07-2008	2008-39600035	PDF
31-12-2006	full format	25-07-2007	2007-48000166	PDF
31-12-2005	abbreviated format	31-07-2006	2006-58100433	PDF
31-12-2004	abbreviated format	15-07-2005	2005-49604524	PDF
31-12-2003	abbreviated format	02-07-2004	2004-38700663	PDF
31-12-2002	abbreviated format	14-07-2003	2003-43702014	PDF
31-12-2001	abbreviated format	19-09-2002	2002-57002107	PDF
31-12-2000	abbreviated format	24-09-2001	2001-58104191	PDF
31-12-1999	abbreviated format	10-10-2000	2000-63401563	PDF
31-12-1998	abbreviated format	28-09-1999	1999-49204645	PDF
31-12-1997	abbreviated format	21-09-1998	1998-47802652	PDF
31-12-1996	abbreviated format	30-09-1997	1997-46103861	PDF
31-12-1995	abbreviated format	27-09-1996	1996-45205280	PDF
31-12-1994	abbreviated format	03-10-1995	1995-52104157	PDF
31-12-1993	abbreviated format	04-10-1994	1994-42304700	PDF
31-12-1992	abbreviated format	19-10-1993	1993-40204887	PDF
31-12-1991	abbreviated format	29-07-1992	1992-25602823	PDF

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
630,178	667,314	639,296	26,619	-	-	17,777	15,831	50,092	61,316	68,386	141,454	155,145	112,258	142,070	185,360	177,904	268,654	190,886	164,509
-14,022	51,220	188,080	13,724	-	-	-386	-728	34,133	43,169	48,939	114,169	127,080	78,413	86,827	143,289	115,931	186,834	110,474	84,051
42,310	56,747	13.0m	2.2m	-	-	20,159	187,419	11,768	1,575	28,282	16,685	41,548	0	14,363	0	0	29,973	0	5,972
-110,149	-720,016	317,830	-911,430	-32,168	1.6m	-19,477	19,822	-17,872	26,709	-19,304	-789	3,856	-29,877	-4,713	10,434	30,880	-84,117	75,367	-
-5.3m	-574,231	2.6m	2.3m	1.6m	1.6m	-719,530	-731,020	-559,408	-581,772	-623,367	-644,024	-720,256	-778,601	-799,698	-293,945	-406,992	105,264	189,842	-264,872
-	-	-	-	-	-	-	-	-	-	-4.0%	16.5%	19.3%	12.8%	14.3%	24.2%	22.4%	43.2%	32.7%	25.1%
-4.5%	0.5%	4.4%	27.1%	73.9%	71.6%	-7.5%	3.6%	15.7%	18.9%	22.2%	24.0%	20.9%	17.7%	16.3%	17.0%	13.7%	10.0%	3.2%	2.2%
0.26	0.78	12.88	-	-	41.52	0.02	0.07	0.07	0.10	0.05	0.07	0.07	0.06	0.11	0.20	0.16	4.09	8.36	0.52
0.04	0.18	5.81	-	-	41.52	0.02	0.07	0.07	0.10	0.05	0.07	0.07	0.06	0.11	0.20	0.16	4.09	8.36	0.52
-	-	21.35	2.35	0.00	0.03	-	26.74	5.38	4.30	3.50	3.17	3.79	4.66	5.04	4.65	6.07	8.95	29.89	43.92
-	-887.5%	-60.7%	0.6%	3.6%	104.8%	-	-271.0%	-34.3%	-25.4%	-16.9%	16.6%	26.2%	5.5%	2.5%	30.8%	18.6%	64.5%	24.4%	-38.1%
-5.1%	-4.3%	-2.6%	0.2%	2.7%	75.0%	-11.7%	-9.8%	-5.4%	-4.8%	-3.7%	4.0%	5.5%	1.0%	0.4%	5.2%	2.5%	6.4%	0.8%	-0.8%
0.95	1.05	1.19	1.81	-	-	-	-	-	-	3.88	7.51	8.26	3.29	3.60	4.41	3.78	3.27	2.32	1.94
-	-	-	-	-	-	-	-	-	-	0 days	1 day	3 days	1 day	2 days	0 days	14 days	15 days	109 days	9 days
-	-	-	-	-	-	-	-	-	-	13 days	67 days	58 days	59 days	60 days	93 days	70 days	47 days	64 days	56 days

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€42,310	€56,747	€13.0m	€2.2m	-
	€693,129	€688,753	€618,786	€6,927	-

Vinçotte International establishment since 01-01-1999 · founded in 1977 · group SHV Holdings N.V.	87 FTE (2025) 0416.988.944
NICOBA FINANCE registered office since 23-02-2010 · founded in 2010	total assets €25.1m (2025) 0823.561.870
CAFRA registered office since 17-09-2020 · founded in 2020	total assets €21.7m (2025) 0753.615.269
NICOBA registered office since 11-06-1991 · founded in 1991	1.5 FTE (2025) 0444.379.467
EVEREST ADVOCATEN GENT registered office since 13-02-2012 · founded in 2012	10 FTE (2025) 0843.239.014
RAMI SERVICES registered office since 25-03-2003 · founded in 2003 · group ELECTRICITE DE FRANCE	14 FTE (2025) 0479.372.317
AXIONA registered office since 14-10-1988 · founded in 1988	total assets €2.8m (2025) 0435.513.370
TRANSBAT registered office since 30-12-1975 · founded in 1975	total assets €1.3m (2025) 0415.829.694
DANIMO GROUP establishment since 21-11-1997 · founded in 1997	total assets €342,692 (2025) 0461.656.454
ZAMIA registered office since 20-04-2012 · founded in 2012	2.8 FTE (2026) 0845.418.247

CAFRA via BORRÉ Rudolf Renald Alin, no longer at CAFRA · Statutory director · deed of 04-09-2020 founded in 2020	total assets €21.7m (2025)
BORALIT via BORRÉ Rudolf Renald Alin, no longer at BORALIT · Chair of the board · deed of 18-11-2020 founded in 1982 · group SUSTAINABLE DEVELOPMENT GROUP	5.9 FTE (2025)

Cadastral parcel	Area	Buildings	Height / floors
44082B0103/00E000	6,306 m²	1 · 1,934 m²	20.0 m · 5
44082B0102/00L003	678 m²	1 · 105 m²	11.5 m · 1

Overview

Lifetime

Key points

Equity

Losses

Debts

Liquidity

Board

Position in the sector

Checked score

Score breakdown

Comparable companies, two years later

Credit verdict

Signals

Board and ownership

Recent changes

Comparable companies

Official details

Annual accounts 2025

Insights on KENBAT

Financials

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency-4.5%

Current ratio0.26

Return on assets-5.1%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on KENBAT

Board & ownership

Board

Mandates through the years

Control

Capital

Owners through the years

Articles of association

Capital transactions

Network & group

Group

Belgium 4 Equity Result

At the same address

Earlier ties

Connections & network

Timeline

Timeline

History

Company details

Identity

Activities

Registered office and establishments

Buildings and parcels at the addresses

Location

Parcels

in euro

in euro

-4.5%

0.26

-5.1%