kenoconstruct
ActiveThe computed 12-month bankruptcy probability of kenoconstruct is 2.0% (moderate). The 2025 annual accounts show equity of €46k and a net result of €3k. Equity is growing by ~11.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 829 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▼-20
Solvency50▼-11
Growth52=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.16 in 2024; short-term debt: 45.9% and cash: 36% of total assets), but 75% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 41
Relative position
BE, all sectors
reference
Sector 41
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
25%
Return on assets
1.4%
Age of the figures
12 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 07-05-2026, 7 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
7 d late
2024
on the day
2023
on the day
2022
2 d early
2021
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3k▼ 81.6%
2024 · €14k
2021: €24k
2022: €32k
2023: €23k
2024: €14k
2021 → 2025
Working capital
€45k▲ 481%
2024 · €8k
2021: €12k
2022: €34k
2023: €43k
2024: €8k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€56k▲ 134%€79k▲ 40.3%€44k▼ 44.9%€46k▲ 5.8%
Operating result€30k-€39k▲ 31.9%€31k▼ 21.1%€22k▼ 27.6%€10k▼ 54.9%
Net result€24k-€32k▲ 34.4%€23k▼ 29.5%€14k▼ 39.0%€3k▼ 81.6%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 55% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €184k
Fixed assets
€55k▼ 15.8%
Current assets
€129k▲ 128%
Equity and liabilities €184k
Equity
€46k▲ 5.8%
Debt
€138k▲ 75.9%
The debt ratio rises from 64.3% to 75.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▼
2024 · €44k
Cash flow
€25k▼
2024 · €35k
Solvency
25.0%▼
2024 · 35.7%
Current ratio
1.53▲
2024 · 1.16
Quick ratio
1.53▲
2024 · 1.16
Debt / equity
2.99▲
2024 · 1.80
ROE
5.5%▼
2024 · 31.8%
ROA
1.4%▼
2024 · 11.4%
Interest coverage
5.05▼
2024 · 9.70
Debt
€138k▲
2024 · €79k
Debt ≤ 1 year
€85k▲
2024 · €49k
Debt > 1 year
€54k▲
2024 · €29k
Income taxes
€1k▼
2024 · €4k
Staff costs
€83k▲
2024 · €7k
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€122k€184k▲
Fixed assets21/28€65k€55k▼
Tangible fixed assets22/27€65k€55k▼
Plant, machinery and equipment23€14k€14k▲
Furniture and vehicles24€4k€2k▼
Leasing and similar rights25€48k€39k▼
Current assets29/58€57k€129k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€20k€61k▲
Trade receivables40€9k€34k▲
Other amounts receivable41€11k€27k▲
Cash at bank and in hand54/58€34k€66k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€122k€184k▲
Equity10/15€44k€46k▲
Contributions10/11€1k€1k=
Reserves13€43k€45k▲
Distributable reserves133€43k€45k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€79k€138k▲
Amounts payable after more than one year17€29k€54k▲
Financial debts170/4€29k€54k▲
Amounts payable within one year42/48€49k€85k▲
Current portion of amounts payable after more than one year42€15k€26k▲
Trade debts44€7k€30k▲
Suppliers440/4€7k€30k▲
Taxes, remuneration and social security45€7k€8k▲
Taxes450/3€7k€4k▼
Remuneration and social security454/9€0€5k▲
Other amounts payable47/48€21k€20k▼
Income statement
Code20242025
Remuneration, social security and pensions62€7k€83k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€22k▲
Other operating charges640/8€924€409▼
Gross operating margin9900€52k€116k▲
Operating profit (loss)9901€22k€10k▼
Financial income75/76B€295€294▼
Recurring financial income75€295€294▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€18k€4k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€14k€3k▼
Profit (loss) for the period to be appropriated9905€14k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€3k▼
Profit (loss) brought forward from the previous period14P€130-
Transfer from equity791/2€49k-
Transfer to equity691/2€14k€3k▼
To other reserves6921€14k€3k▼
Profit to be distributed694/7€49k-
Return on contributions (dividend)694€49k-
Social balance
Average headcount (FTE)90870.31.3▲
The notes to these accounts (8 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
07-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 7 days late
2025
30-09
Financial
Weakest financial yearnet €3k ▼81.6%
Net result drops to €3k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2021net €32k ▲34.4%
Operating result €39k, net result €32k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ath · 1 establishment unit since 2019
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.
Rue Le Chat(Hou) 1157812 AthGround area
687 m²
Building footprint
169 m²
Parcel 51033B0284/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
KENOCONSTRUCT SNC
since 20192.295.540.533
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51033B0284/00C000 | Wallonia | 687 m² | 1 · 169 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
LDB CONCEPT
BE 0684.850.286
Le Roeulx · Eq €46k
BBT ENERGY
BE 0848.256.288
Wezembeek-Oppem · Eq €46k
HAKUNA MATATA CONSTRUCTION
BE 0754.903.884
Brussel · Eq €46k
LENOIR FRERES CONSTRUCT
BE 0736.310.568
Frasnes-lez-Anvaing · Eq €46k
Happy Piscine & Wellness
BE 0776.826.379
Mons · Eq €46k
Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 13,017 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-11-2019
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
43331Floor and wall tiling
43910Bricklaying and masonry work
43990Other specialised construction activities
43994Specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:dagrainrenaud@icloud.com