KENZ

Inactive

KBO/BCE: BE 0672.437.355

KENZ was declared bankrupt on 30-06-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 04-04-2023, published in the Belgian State Gazette on 11-04-2023.

No longer registered with the KBO; last annual accounts for fiscal year 2019.

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Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Prior bankruptcy

Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.

Belgian State Gazette

No filing for years

The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 2 filings

Position against the passed deadline

31-12-2020 close31-07-2021 deadline22-09-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 04-11-2020, 96 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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

96 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2019, micro schema

Equity

€18k▲ 233%

2018 · €5k

2018: €5k

2018 → 2019

Total assets

€77k▲ 8.2%

2018 · €71k

2018: €71k

2018 → 2019

Net result

€12k▲ 138%

2018 · €5k

2018: €5k

2018 → 2019

Working capital

€20k▲ 3.1%

2018 · €19k

2018: €19k

2018 → 2019

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20182019Trend

Equity€5k-€18k▲ 233%

Operating result€11k-€21k▲ 88.2%

Net result€5k-€12k▲ 138%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2019; 2019 is 88% above 2018.

Balance-sheet composition

2019 in colour, 2018 as the grey bar beneath

Assets €77k

91.4%

Fixed assets €7k▼ 19.2%

Current assets €70k▲ 11.7%

Equity and liabilities €77k

22.9%

77.1%

Equity €18k▲ 233%

Debt €59k▼ 9.9%

The debt ratio falls from 92.6% to 77.1%. Equity is higher and debt is lower.

Key figures and ratios

2019 value · change against 2018

EBITDA

€23k▲

2018 · €15k

Cash flow

€14k▲

2018 · €9k

Solvency

22.9%▲

2018 · 7.4%

Current ratio

1.40▼

2018 · 1.45

Quick ratio

1.16▼

2018 · 1.40

Debt / equity

0.52▼

2018 · 4.24

ROE

70.0%▼

2018 · 98.1%

ROA

16.0%▲

2018 · 7.3%

Debt

€59k▼

2018 · €66k

Debt ≤ 1 year

€50k▲

2018 · €43k

Debt > 1 year

€9k▼

2018 · €22k

Income taxes

€7k▲

2018 · €3k

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 · 2019 against 2018

Balance sheet Code20182019

Assets

Total assets20/58€71k€77k▲

Fixed assets21/28€8k€7k▼

Tangible fixed assets22/27€8k€7k▼

Current assets29/58€63k€70k▲

Stocks and contracts in progress3€2k€12k▲

Amounts receivable within one year40/41€33€30▼

Cash at bank and in hand54/58€484€4k▲

Equity and liabilities

Total equity and liabilities10/49€71k€77k▲

Equity10/15€5k€18k▲

Contributions10/11€100€100=

Reserves13€5k€8k▲

Profit (loss) carried forward14-€9k

Amounts payable17/49€66k€59k▼

Amounts payable after more than one year17€22k€9k▼

Amounts payable within one year42/48€43k€50k▲

Trade debts44€21k€19k▼

Income statement Code20182019

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼

Gross operating margin9900€105k€59k▼

Operating profit (loss)9901€11k€21k▲

Recurring financial income75€3k€2k▼

Recurring financial charges65€6k€4k▼

Profit (loss) for the period before taxes9903€8k€20k▲

Income taxes67/77€3k€7k▲

Profit (loss) for the period9904€5k€12k▲

Profit (loss) for the period to be appropriated9905€5k€12k▲

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Timeline · acts, filings and financial milestones

All 4Signals 2Filings 2

2023

11-04

Bankruptcy Bankruptcy closure (by liquidation)

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · KENZ BV ANTWERPSESTRAAT 143, 2845 NIEL · event 04-04-2023

2022

06-07

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · KENZ BV ANTWERPSE- STRAAT 143, 2845 NIEL · event 30-06-2022

2020

04-11

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 96 days late

2019

21-10

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 82 days late

SignalNBB filing

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

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.

Insolvency mandates

2 mandates

Role	Name	Tenure
Curator	THOMAS DEBAENE KONINKLIJKE LAAN 60, 2600 BERCHEM (ANTWERPEN)	30-06-2022 → present
Curator	ERIK GREEVE KONINKLIJKELAAN 60, 2600 BERCHEM (ANTWERPEN) ↔ Also on 106 other cases	30-06-2022 → present