Skip to content

KENMIDES

Active
Public limited companyfounded 1997active for 29 yearsKeizersplein 71, 9300 Aalst, BelgiumKBO/BCE: BE 0460.003.692
Summary

KENMIDES has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €373,780. Equity is growing by about 4.4% per year across the filed financial years. Its solvency ranks better than 66% of 10,986 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203
1 site
Size
€2.4mtotal assets 2025
Equity
€1.2m
Profit
€373,780
Turnover not published (abbreviated or micro format)
Financial health
92 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Accounts 10 days early0 of 5 deeds read
Why 92raises riskLiquidity: current ratio 0.90, cash €932, halvedlowers riskFounded in 1997Size: total assets €2.4mLegal form: public limited companyShow the evidence

Checked score

Score 2025
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 69% of its sector peers (NACE 68, small)
Financial strength · tick = 2024
Strong
Solvency 75-8
equity 50.2% of total assets
Liquidity 28-16
short-term debt 44.8% · cash 0.0%
Profitability 88+50
return on assets 15.4%
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% (6,970 companies, NACE 68, small)
Last 24 months 11-2024: 0.8% 12-2024: 1.1%▲ +0.3 percentage points vs 11-2024 01-2025: 1.7%▲ +0.6 percentage points vs 12-2024highest value 02-2025: 1.7%● unchanged vs 01-2025highest value 03-2025: 0.4%▼ -1.3 percentage points vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.2%▼ -0.2 percentage points vs 10-2025 12-2025: 0.1%▼ -0.1 percentage points vs 11-2025lowest value 01-2026: 0.2%▲ +0.1 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €110,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.9, compared with 0.09 in 2024; short-term debt: 44.8% and cash: 0% of total assets), and 49.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 68% on solvency, 22% on liquidity, 96% on profitability and 89% on growth.

The bankruptcy probability was computed on 10-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.90, cash €932, halved
NBB · annual accounts
lowers risk · Founded in 1997
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: total assets €2.4m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 21-01-2026, 10 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
10 days early
2024
3 days late
2022
90 days early
2021
93 days early
2020
19 days early
2019
11 days early
2018
21 days early
← 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 34 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end11-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €373,780
  3. Equity above €1mequity €1.2m ▲44.3%

Key points

  • Positive: Back in profit in 2025after -€89,949 in 2024 €373,780 View
  • Positive: Among the best 8% on net resultsector median €10,281 · 10,976 companies €373,780 View
  • Active since 1997founded 10-02-1997 29 years View

By topic

Financials

Financial year
2025
Total assets
€2.4m
Profit
€373,780
Solvency
50.2%
Turnover▲ 4.5%
Net result
20182022
Go to Financials

Timeline

Events
32
Since
1998
Next accounts
by 31-01-2027
  1. 03-02-2025Annual accounts filed
  2. 30-06-2024Weakest financial year
  3. 02-05-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
10-02-1997
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.