KENNEDY HUNTER
ActiveSummary
The computed 12-month bankruptcy probability of KENNEDY HUNTER is 1.8% (moderate). For KENNEDY HUNTER, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (€-987k) and a net result of €-1.32M. Equity is shrinking by ~56.7% per year across the filed fiscal years. The company has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0▼-74
Solvency0▼-32
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2022Solvency, return and age of the figures
Solvency
-34.3%
Return on assets
-45.8%
Age of the figures
45 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 03-12-2024, 491 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
491 d late
2021
53 d early
2020
33 d early
2019
38 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Equity
€-987k
2021 · €330k
2018: €1.35M
2019: €1.40M▲ +4.1% vs 2018highest in 5 years
2020: €431k▼ -69.2% vs 2019
2021: €330k▼ -23.4% vs 2020
2022: €-987k▼ -399% vs 2021lowest in 5 years
2018 → 2022
Total assets
€2.87M▼ 36.7%
2021 · €4.54M
2018: €7.07M
2019: €7.42M▲ +5.0% vs 2018highest in 5 years
2020: €4.11M▼ -44.7% vs 2019
2021: €4.54M▲ +10.5% vs 2020
2022: €2.87M▼ -36.7% vs 2021lowest in 5 years
2018 → 2022
Net result
€-1.32M
2021 · €184k
2018: €130k
2019: €85k▼ -34.3% vs 2018
2020: €-221k▼ -359% vs 2019
2021: €184k▲ +183% vs 2020highest in 5 years
2022: €-1.32M▼ -816% vs 2021lowest in 5 years
2018 → 2022
Working capital
€48k▼ 87.3%
2021 · €376k
2018: €1.90Mhighest in 5 years
2019: €1.66M▼ -12.8% vs 2018
2020: €714k▼ -56.9% vs 2019
2021: €376k▼ -47.3% vs 2020
2022: €48k▼ -87.3% vs 2021lowest in 5 years
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€1.35M-€1.40M▲ 4.1%€431k▼ 69.2%€330k▼ 23.4%€-987k
2018: €1.35M
2019: €1.40M▲ +4.1% vs 2018highest in 5 years
2020: €431k▼ -69.2% vs 2019
2021: €330k▼ -23.4% vs 2020
2022: €-987k▼ -399% vs 2021lowest in 5 years
Operating result€93k-€74k▼ 21.1%€-266k€191k€-1.32M
2018: €93k
2019: €74k▼ -21.1% vs 2018
2020: €-266k▼ -461% vs 2019
2021: €191k▲ +172% vs 2020highest in 5 years
2022: €-1.32M▼ -792% vs 2021lowest in 5 years
Net result€130k-€85k▼ 34.3%€-221k€184k€-1.32M
2018: €130k
2019: €85k▼ -34.3% vs 2018
2020: €-221k▼ -359% vs 2019
2021: €184k▲ +183% vs 2020highest in 5 years
2022: €-1.32M▼ -816% vs 2021lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €1.32M after €191k in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €2.87M
Fixed assets
€28k ▼ 76.2%
Current assets
€2.85M ▼ 35.6%
Key figures and ratios
EBITDA
€-1.29M▼
2021 · €211k
Cash flow
€-1.29M▼
2021 · €203k
Solvency
-34.3%▼
2021 · 7.3%
Current ratio
1.02▼
2021 · 1.09
Debt to equity
-2.95▼
2021 · 12.74
ROA
-45.8%▼
2021 · 4.1%
Interest coverage
-83.34▼
2021 · 123.07
Debt
€2.91M▼
2021 · €4.21M
Debt ≤ 1 year
€2.80M▼
2021 · €4.04M
Income taxes
€970▼
2021 · €13k
Staff costs
€2.11M▲
2021 · €1.23M
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 · 2022 against 2021 · 56 lines
Balance sheet
Code20212022
Assets
Total assets20/58€4.54M€2.87M▼
Fixed assets21/28€118k€28k▼
Tangible fixed assets22/27€30k-
Furniture and vehicles24€27k-
Other tangible fixed assets26€3k-
Financial fixed assets28€88k€28k▼
Current assets29/58€4.42M€2.85M▼
Amounts receivable within one year40/41€2.31M€1.35M▼
Trade receivables40€1.56M€1.33M▼
Other amounts receivable41€746k€10k▼
Current investments50/53€1k-
Cash at bank and in hand54/58€904k€765k▼
Deferred charges and accrued income490/1€1.20M€735k▼
Equity and liabilities
Total equity and liabilities10/49€4.54M€2.87M▼
Equity10/15€330k€-987k▼
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€28k€28k=
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Distributable reserves133€3k€3k=
Profit (loss) carried forward14€53k€-1.26M▼
Provisions and deferred taxes16-€954k
Provisions for liabilities and charges160/5-€954k
Pensions and similar obligations160-€954k
Amounts payable17/49€4.21M€2.91M▼
Amounts payable within one year42/48€4.04M€2.80M▼
Trade debts44€3.52M€2.55M▼
Suppliers440/4€3.52M€2.55M▼
Taxes, remuneration and social security45€181k€101k▼
Taxes450/3€52k€576▼
Remuneration and social security454/9€129k€100k▼
Other amounts payable47/48€345k€144k▼
Accrued charges and deferred income492/3€164k€108k▼
Income statement
Code20212022
Non-recurring operating income76A€688k€153k▼
Remuneration, social security and pensions62€1.23M€2.11M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€30k▲
Other operating charges640/8€9k€7k▼
Non-recurring operating charges66A€24k-
Gross operating margin9900€1.48M€827k▼
Operating profit (loss)9901€191k€-1.32M▼
Financial income75/76B€7k€24k▲
Recurring financial income75€7k€24k▲
Financial charges65/66B€2k€16k▲
Recurring financial charges65€2k€16k▲
Profit (loss) for the period before taxes9903€197k€-1.32M▼
Income taxes67/77€13k€970▼
Profit (loss) for the period9904€184k€-1.32M▼
Profit (loss) for the period to be appropriated9905€184k€-1.32M▼
Appropriation of the result
Profit (loss) to be appropriated9906€338k€-1.26M▼
Profit (loss) brought forward from the previous period14P€154k€53k▼
Profit to be distributed694/7€285k-
Return on contributions (dividend)694€250k-
Directors or managers695€35k-
Social balance
Average headcount (FTE)908718.812.9▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €688k | €153k | ▼ 77.7% |
| Remuneration, social security and pensions62 | - | - | - | €1.23M | €2.11M | ▲ 71.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16k | €42k | €25k | €19k | €30k | ▲ 58.4% |
| Other operating charges640/8 | - | - | - | €9k | €7k | ▼ 21.9% |
| Non-recurring operating charges66A | - | - | - | €24k | - | - |
| Gross operating margin9900 | €1.79M | €1.88M | €1.51M | €1.48M | €827k | ▼ 43.9% |
| Operating profit (loss)9901 | €93k | €74k | €-266k | €191k | €-1.32M | ▼ 792% |
| Financial income75/76B | - | - | - | €7k | €24k | ▲ 240% |
| Recurring financial income75 | €134k | €84k | €66k | €7k | €24k | ▲ 240% |
| Financial charges65/66B | - | - | - | €2k | €16k | ▲ 808% |
| Recurring financial charges65 | €33k | €12k | €23k | €2k | €16k | ▲ 808% |
| Profit (loss) for the period before taxes9903 | €194k | €146k | €-222k | €197k | €-1.32M | ▼ 768% |
| Income taxes67/77 | €64k | €60k | €-2k | €13k | €970 | ▼ 92.5% |
| Profit (loss) for the period9904 | €130k | €85k | €-221k | €184k | €-1.32M | ▼ 816% |
| Profit (loss) for the period to be appropriated9905 | €130k | €85k | €-221k | €184k | €-1.32M | ▼ 816% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.07M | €7.42M | €4.11M | €4.54M | €2.87M | ▼ 36.7% |
| Fixed assets21/28 | €68k | €107k | €54k | €118k | €28k | ▼ 76.2% |
| Tangible fixed assets22/27 | €65k | €104k | €51k | €30k | - | - |
| Furniture and vehicles24 | - | - | - | €27k | - | - |
| Other tangible fixed assets26 | - | - | - | €3k | - | - |
| Financial fixed assets28 | €3k | €3k | €3k | €88k | €28k | ▼ 68.1% |
| Current assets29/58 | €7.00M | €7.31M | €4.05M | €4.42M | €2.85M | ▼ 35.6% |
| Amounts receivable within one year40/41 | €2.02M | €2.30M | €1.01M | €2.31M | €1.35M | ▼ 41.7% |
| Trade receivables40 | - | - | - | €1.56M | €1.33M | ▼ 14.6% |
| Other amounts receivable41 | - | - | - | €746k | €10k | ▼ 98.6% |
| Current investments50/53 | €1k | €1k | €1k | €1k | - | - |
| Cash at bank and in hand54/58 | €21k | €1.29M | €1.14M | €904k | €765k | ▼ 15.3% |
| Deferred charges and accrued income490/1 | - | - | - | €1.20M | €735k | ▼ 39.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.07M | €7.42M | €4.11M | €4.54M | €2.87M | ▼ 36.7% |
| Equity10/15 | €1.35M | €1.40M | €431k | €330k | €-987k | ▼ 399% |
| Contributions10/11 | €500k | €500k | €250k | €250k | €250k | = |
| Capital10 | - | - | - | €250k | €250k | = |
| Issued capital100 | - | - | - | €250k | €250k | = |
| Reserves13 | €205k | €205k | €28k | €28k | €28k | = |
| Non-distributable reserves130/1 | - | - | - | €25k | €25k | = |
| Legal reserve130 | - | - | - | €25k | €25k | = |
| Distributable reserves133 | - | - | - | €3k | €3k | = |
| Profit (loss) carried forward14 | €641k | €697k | €154k | €53k | €-1.26M | ▼ 2,498% |
| Provisions and deferred taxes16 | €15k | - | - | - | €954k | - |
| Provisions for liabilities and charges160/5 | - | - | - | - | €954k | - |
| Pensions and similar obligations160 | - | - | - | - | €954k | - |
| Amounts payable17/49 | €5.71M | €6.02M | €3.68M | €4.21M | €2.91M | ▼ 30.9% |
| Amounts payable within one year42/48 | €5.10M | €5.66M | €3.34M | €4.04M | €2.80M | ▼ 30.8% |
| Trade debts44 | €4.57M | €5.26M | €2.91M | €3.52M | €2.55M | ▼ 27.4% |
| Suppliers440/4 | - | - | - | €3.52M | €2.55M | ▼ 27.4% |
| Taxes, remuneration and social security45 | - | - | - | €181k | €101k | ▼ 44.3% |
| Taxes450/3 | - | - | - | €52k | €576 | ▼ 98.9% |
| Remuneration and social security454/9 | - | - | - | €129k | €100k | ▼ 22.1% |
| Other amounts payable47/48 | - | - | - | €345k | €144k | ▼ 58.2% |
| Accrued charges and deferred income492/3 | - | - | - | €164k | €108k | ▼ 33.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €130k | €85k | €-221k | €184k | €-1.32M | ▼ 816% |
| + Depreciation and write-downs630 | €16k | €42k | €25k | €19k | €30k | ▲ 58.4% |
| Operating cash flow (approximation) | €146k | €127k | €-195k | €203k | €-1.29M | ▼ 734% |
| Investment in fixed assets (approximation) | - | €-81k | €28k | €-83k | €60k | ▲ 172% |
| Change in cash | - | €1.27M | €-152k | €-235k | €-139k | ▲ 40.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
03-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 491 days late
2022
31-12
Financial
Weakest financial yearnet €-1.32M
Net result drops to €-1.32M, the lowest in the series.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €184k
Net result €184k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
23-06
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
23-06
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 17 acts read
About the unread acts
We know of 17 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
17 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, Antwerpen · 1 establishment unit since 1992
Ground area
2,699 m²
Building footprint
964 m²
Volume, LiDAR
6,276 m³
Parcel 11807G1700/07A000, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
KENNEDY HUNTER; A.C.S.A.
since 19922.102.866.463
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1700/07A000 | Flanders | 2,699 m² | 1 · 964 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 728 EUR awarded · 728 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 728 EUR | 728 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
Identification & contact
Identification
Legal formPublic limited company
Founded24-07-1992
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.