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KENGANI

Active
Private limited company (pre-2019)founded 199728 yrs activeVieille Cour 76, 1402 Nivelles, BelgiumKBO/BCE: BE 0462.200.347
Summary

KENGANI has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €236,028 and a net result of €27,942. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 21% of 166 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
KENGANIActiveChecked score 88/100
Risk analysis ReportCompare

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203NACE 51900
1 site
Size
€448,926turnover 2026
Equity
€236,028
Profit
€27,942
Financial health
88 Excellent Checked score 2026
Bankruptcy chance 12 m
0.2%
Structure
Parent
EXKi S.A.
Holdings
1
Accounts 40 d early0 of 7 deeds read
Why 88- 1 of the last 3 late- Equity €236,028 (6.7% of total assets)+ Size: turnover €448,926, total assets €3.5m+ Figures for FY 2026 (filed 22-07-2026)Show the evidence

Checked score

Score 2026
88 / 100
Excellent
Probability in this band: under 0.55%
Better than 57% of its sector peers (NACE 68, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2025
Average
Solvency 32+1
equity 6.7% of total assets
Liquidity 44-6
short-term debt 26.9% · cash 3.8%
Profitability 79+7
return on assets 0.8%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,938 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● 0.0% vs 11-2024 01-2025: 0.2%● 0.0% vs 12-2024 02-2025: 0.2%▼ -1.2% vs 01-2025 03-2025: 0.2%▲ +2.3% vs 02-2025 04-2025: 0.2%▲ +24.0% vs 03-2025 05-2025: 0.2%▲ +4.1% vs 04-2025 06-2025: 0.3%▲ +11.9% vs 05-2025 07-2025: 0.3%▲ +9.1% vs 06-2025 08-2025: 0.4%▲ +39.5% vs 07-2025 09-2025: 0.5%▲ +42.3% vs 08-2025 10-2025: 0.7%▲ +21.4% vs 09-2025 11-2025: 1.0%▲ +44.5% vs 10-2025highest value 12-2025: 0.1%▼ -85.6% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▼ -0.7% vs 01-2026lowest value 03-2026: 0.1%▲ +2.2% vs 02-2026 04-2026: 0.2%▲ +26.4% vs 03-2026 05-2026: 0.2%▲ +5.6% vs 04-2026 06-2026: 0.2%▲ +10.7% vs 05-2026 07-2026: 0.3%▲ +30.0% vs 06-2026 08-2026: 0.2%▼ -14.5% vs 07-2026 09-2026: 0.2%● 0.0% vs 08-2026 10-2026: 0.2%● 0.0% vs 09-2026
  • Size: turnover €448,926, total assets €3.5m lowers the probability for this profile
  • Figures for FY 2026 (filed 22-07-2026) lowers the probability
  • 1 of the last 3 late raises the probability
  • Equity €236,028 (6.7% of total assets) raises the probability
Credit up to €20,000 at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.23 in 2025; short-term debt: 26.9% and cash: 3.8% of total assets), and 93.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, small). Better than this share of them on solvency 25%, liquidity 40%, profitability 90%, growth against the median 74%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: turnover €448,926, total assets €3.5m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Figures for FY 2026 (filed 22-07-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Equity €236,028 (6.7% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 166 sector peers (2026).
NBB · sector comparison
Position among 166 sector peers
Solvency
better than 21%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 22-07-2026, 40 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
40 d early
2025
60 d late
2024
20 d late
2023
20 d early
2022
250 d late
2021
63 d late
2020
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 52 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today. Usually files around 21 September (4 of the last 5 filed years within 61 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today31-01-2027 close31-08-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2026 · abbreviated…
  2. Annual accounts filedfiscal year 2025 · full…
  3. Highest result since 2019net €93,447 ▲127%

Key points

  • Caution: Result fell in 2026from €93,447 to €27,942 ▼ 70.1% View
  • Controlled by EXKi S.A. parent View
  • Among the largest 16% on gross marginsector median €98,446 · 163 companies €384,279 View

By topic

Financials

Fiscal year
2026
Turnover
€448,926
Profit
€27,942
Solvency
6.7%
Turnover▲ 31.8%
Net result
20212026
Go to Financials

Timeline

Events
16
Since
2017
Next accounts
by 31-08-2027
  1. 22-07-2026Annual accounts filed
  2. 30-10-2025Annual accounts filed
  3. 31-01-2025Highest result since 2019
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
22-12-1997
Year ends
31-01
Peppol
Reachable for e-invoices
Go to Company details

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