KENDEL PARTNERS
ActiveThe computed 12-month bankruptcy probability of KENDEL PARTNERS is 5.3% (elevated). The 2024 annual accounts show equity of €7k and a net result of €3k. Its solvency ranks better than 89% of 3549 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. An elevated bankruptcy probability caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+36
Solvency100▲+7
Growth85
Track record94
Bankruptcy probability, 12 months
5.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 4.44 against 3.09 in 2023; short-term debt: 22.5% and cash: 78.6% of total assets), and 22.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
77.5%
Return on assets
36.8%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-10-2025, 62 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
62 d late
2023
55 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€8k▲ 121%
2023 · €3k
2023: €3k
2023 → 2024
EBIT margin
43.4%▲ 24.1pp
2023 · 19.2%
2023: 19.2%
2023 → 2024
Net result
€3k▲ 489%
2023 · €545
2023: €545
2023 → 2024
Working capital
€7k▲ 90.6%
2023 · €4k
2023: €4k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Turnover€3k-€8k▲ 121%
Equity€4k-€7k▲ 90.6%
Operating result€670-€3k▲ 400%
Net result€545-€3k▲ 489%
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 400% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €9k
Equity
€7k▲ 90.6%
Debt
€2k▲ 16.0%
The debt ratio falls from 32.3% to 22.5%. Equity and debt are higher.
Key figures and ratios
Solvency
77.5%▲
2023 · 67.7%
Current ratio
4.44▲
2023 · 3.09
Quick ratio
4.44▲
2023 · 3.09
Debt / equity
0.29▼
2023 · 0.48
ROE
47.5%▲
2023 · 15.4%
ROA
36.8%▲
2023 · 10.4%
Debt
€2k▲
2023 · €2k
Debt ≤ 1 year
€2k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5k€9k▲
Current assets29/58€5k€9k▲
Amounts receivable within one year40/41€4k€2k▼
Trade receivables40€4k-
Other amounts receivable41€278€2k▲
Cash at bank and in hand54/58€744€7k▲
Equity and liabilities
Total equity and liabilities10/49€5k€9k▲
Equity10/15€4k€7k▲
Contributions10/11€3k€3k=
Outside capital11€3k-
Share premium1100/10€3k-
Profit (loss) carried forward14€545€4k▲
Amounts payable17/49€2k€2k▲
Amounts payable within one year42/48€2k€2k▲
Trade debts44€203€1k▲
Suppliers440/4€203€1k▲
Taxes, remuneration and social security45€732€587▼
Taxes450/3€732€587▼
Other amounts payable47/48€758-
Income statement
Code20232024
Turnover70€3k€8k▲
Goods, raw materials, services and sundry goods60/61€3k€4k▲
Other operating charges640/8€236€153▼
Gross operating margin9900€906€3k▲
Operating profit (loss)9901€670€3k▲
Financial charges65/66B€125€135▲
Recurring financial charges65€125€135▲
Profit (loss) for the period before taxes9903€545€3k▲
Profit (loss) for the period9904€545€3k▲
Profit (loss) for the period to be appropriated9905€545€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€545€4k▲
Profit (loss) brought forward from the previous period14P-€545
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 62 days late
2024
24-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 55 days late
NBB filing
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bollinckxstraat 151070 AnderlechtGround area
8,562 m²
Building footprint
754 m²
Volume, LiDAR
4,860 m³
Parcel 21306D0232/00W000, Brussels · tallest building 13.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
A&Z PARTNERS
since 20232.343.219.694
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0232/00W000 | Brussels | 8,562 m² | 1 · 754 m² | 13.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 3,310 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-01-2023
Fiscal year end31-12
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
70200Business and other management consultancy
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:jamilabarkani@live.fr
Phone:+32488253436