KENNECTING
ActiveThe computed 12-month bankruptcy probability of KENNECTING is 1.5% (moderate). The 2025 annual accounts show equity of €105k and a net result of €25k. Equity is growing by ~57.1% per year across the filed fiscal years. Its solvency ranks better than 83% of 971 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▼-9
Solvency100▲+11
Growth78=
Track record94
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.74 against 3.7 in 2024; short-term debt: 25.3% and cash: 11% of total assets), and 25.3% 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.
−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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.7%
Return on assets
17.7%
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 04-09-2026, 35 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 · 3 filingsDeviation from the deadline
2025
35 d late
2024
43 d late
2023
65 d late
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€105k▲ 31.2%
2024 · €80k
2023: €14k
2024: €80k
2023 → 2025
Total assets
€140k▲ 13.0%
2024 · €124k
2023: €31k
2024: €124k
2023 → 2025
Net result
€25k▼ 62.5%
2024 · €66k
2023: €11k
2024: €66k
2023 → 2025
Working capital
€97k▲ 8.8%
2024 · €89k
2023: €11k
2024: €89k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€14k-€80k▲ 488%€105k▲ 31.2%
Operating result€15k-€91k▲ 503%€31k▼ 66.0%
Net result€11k-€66k▲ 526%€25k▼ 62.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 66% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €140k
Fixed assets
€8k▲ 715%
Current assets
€133k▲ 8.4%
Equity and liabilities €140k
Equity
€105k▲ 31.2%
Debt
€35k▼ 19.9%
The debt ratio falls from 35.7% to 25.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33k▼
2024 · €92k
Cash flow
€27k▼
2024 · €67k
Solvency
74.7%▲
2024 · 64.3%
Current ratio
3.74▲
2024 · 3.70
Quick ratio
3.74▲
2024 · 3.70
Debt / equity
0.34▼
2024 · 0.55
ROE
23.8%▼
2024 · 83.0%
ROA
17.7%▼
2024 · 53.4%
Interest coverage
14.09▼
2024 · 53.02
Debt
€35k▼
2024 · €44k
Debt ≤ 1 year
€35k▲
2024 · €33k
Income taxes
€8k▼
2024 · €23k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€124k€140k▲
Formation expenses20€838-
Fixed assets21/28€936€8k▲
Tangible fixed assets22/27€936€8k▲
Land and buildings22-€2k
Plant, machinery and equipment23€936€5k▲
Furniture and vehicles24-€733
Current assets29/58€122k€133k▲
Amounts receivable within one year40/41€36k€117k▲
Other amounts receivable41€36k€117k▲
Cash at bank and in hand54/58€87k€15k▼
Equity and liabilities
Total equity and liabilities10/49€124k€140k▲
Equity10/15€80k€105k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€77k€102k▲
Amounts payable17/49€44k€35k▼
Amounts payable within one year42/48€33k€35k▲
Trade debts44€5k€5k▲
Suppliers440/4€5k€5k▲
Taxes, remuneration and social security45€28k€30k▲
Taxes450/3€28k€30k▲
Accrued charges and deferred income492/3€11k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€2k▲
Other operating charges640/8€183-
Gross operating margin9900€93k€33k▼
Operating profit (loss)9901€91k€31k▼
Financial income75/76B-€4k
Recurring financial income75-€4k
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€90k€33k▼
Income taxes67/77€23k€8k▼
Profit (loss) for the period9904€66k€25k▼
Profit (loss) for the period to be appropriated9905€66k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€77k€102k▲
Profit (loss) brought forward from the previous period14P€11k€77k▲
The notes to these accounts (5 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
04-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 35 days late
2025
31-12
Financial
Equity above €100kEq €105k ▲31.2%
3 profitable years in a row build equity to €105k.
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
2024
31-12
Financial
Highest result since 2023net €66k ▲526%
Operating result €91k, net result €66k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.70
Current ratio from 1.60 to 3.70.
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Keerbergen · 1 establishment unit since 2022
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.
Jules Ceulemansstraat 113140 KeerbergenGround area
261 m²
Building footprint
76 m²
Parcel 24048B0681/00C002, Flanders. Linked by address, not a title deed.
1 establishment unit
KENNECTING
since 20222.338.838.264
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048B0681/00C002 | Flanders | 260 m² | 1 · 76 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.
Similar companies · same sector, comparable size
AZ CONNECT
BE 0746.768.059
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ZAKI TEAM
BE 0703.969.976
Zottegem · Eq €105k
Yildirim Connect
BE 0802.628.379
Genk · Eq €104k
CB-Tech
BE 0759.968.571
Houthalen-Helchteren · Eq €106k
G.E.G. TECHNIEK
BE 0844.395.391
Genk · Eq €104k
Of 1,823 companies in sector 42220 we hold annual accounts for 958. 714 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-12-2022
Fiscal year end31-12
Activities, NACEBEL
42220Construction of utility projects for electricity and telecommunications
42110Construction of roads and motorways
42211Civil engineering
42212Civil engineering
42219Civil engineering
42990Civil engineering
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.