Kenko Studio
ActiveSummary
Kenko Studio has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16k and a net result of €-5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 55% of 2304 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▼-94
Solvency58▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.18 against 1.24 in 2024; short-term debt: 67.1% and cash: 18.3% of total assets), and 67.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← 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 2025Solvency, return and age of the figures
Solvency
32.9%
Return on assets
-10.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 5 filingsDeviation from the deadline
2025
27 d late
2024
69 d late
2023
23 d late
2022
34 d early
2021
275 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€16k▼ 24.3%
2024 · €21k
2021: €1k
2022: €-2k
2023: €1k
2024: €21k
2021 → 2025
Total assets
€48k▼ 11.0%
2024 · €54k
2021: €13k
2022: €9k
2023: €15k
2024: €54k
2021 → 2025
Net result
€-5k
2024 · €19k
2021: €-9k
2022: €-3k
2023: €3k
2024: €19k
2021 → 2025
Working capital
€6k▼ 30.0%
2024 · €8k
2021: €-9k
2022: €-9k
2023: €-2k
2024: €8k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1k-€-2k€1k€21k▲ 1,294%€16k▼ 24.3%
Operating result€-5k-€-6k▼ 13.8%€6k€26k▲ 361%€-5k
Net result€-9k-€-3k▲ 63.5%€3k€19k▲ 460%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €26k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €48k
Fixed assets
€10k ▼ 20.8%
Current assets
€38k ▼ 8.0%
Equity and liabilities €48k
Equity
€16k ▼ 24.3%
Debt
€32k ▼ 2.7%
Debt's share of the balance-sheet total rises from 61.3% to 67.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-1k▼
2024 · €28k
Cash flow
€-1k▼
2024 · €21k
Current ratio
1.18▼
2024 · 1.24
Debt to equity
2.04▲
2024 · 1.58
ROE
-32.1%▼
2024 · 92.8%
ROA
-10.6%▼
2024 · 35.9%
Interest coverage
-0.75▼
2024 · 131.49
Debt ≤ 1 year
€32k▼
2024 · €33k
Income taxes
€-2k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€54k€48k▼
Fixed assets21/28€13k€10k▼
Tangible fixed assets22/27€11k€8k▼
Plant, machinery and equipment23-€1k
Other tangible fixed assets26€11k€7k▼
Financial fixed assets28€2k€2k=
Current assets29/58€41k€38k▼
Amounts receivable within one year40/41€11k€29k▲
Trade receivables40-€21k
Other amounts receivable41€11k€8k▼
Cash at bank and in hand54/58€30k€9k▼
Equity and liabilities
Total equity and liabilities10/49€54k€48k▼
Equity10/15€21k€16k▼
Contributions10/11€10k€10k=
Profit (loss) carried forward14€11k€6k▼
Amounts payable17/49€33k€32k▼
Amounts payable within one year42/48€33k€32k▼
Trade debts44€30k€20k▼
Suppliers440/4€30k€20k▼
Taxes, remuneration and social security45€3k€12k▲
Taxes450/3€3k€12k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€3k€120▼
Non-recurring operating charges66A-€154
Gross operating margin9900€32k€-1k▼
Operating profit (loss)9901€26k€-5k▼
Financial income75/76B€27€12▼
Recurring financial income75€27€12▼
Financial charges65/66B€216€2k▲
Recurring financial charges65€216€2k▲
Profit (loss) for the period before taxes9903€26k€-7k▼
Income taxes67/77€7k€-2k▼
Profit (loss) for the period9904€19k€-5k▼
Profit (loss) for the period to be appropriated9905€19k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€6k▼
Profit (loss) brought forward from the previous period14P€-9k€11k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-09
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Registered-office move, Generaal Deschachtstraat 37, 2860 Sint-Katelijne-Waver
- Board meeting, 26-05-2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 69 days late
2024
31-12
Financial
Highest result since 2021net €19k ▲460%
Operating result €26k, net result €19k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
02-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 275 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Katelijne-Waver · 1 establishment unit since 2020
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.
Generaal Deschachtstraat 372860 Sint-Katelijne-WaverGround area
3,143 m²
Building footprint
445 m²
Parcel 12035B0101/00D002, Flanders. Linked by address, not a title deed.
1 establishment unit
Kenko Studio
since 20202.305.794.027
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12035B0101/00D002 | Flanders | 3,143 m² | 1 · 445 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Katelijne-Waver2.305.794.027
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Of 1,518 companies in sector 93130 we hold annual accounts for 687. 475 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
93130Fitness centres
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesWebsite:www.kenkostudio.be
E-mail:anneleenthys@gmail.com
Phone:0479301052
E-mail:info@kenkostudio.be