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KIBO

Active
Private limited company (pre-2019)founded 196461 yrs activeLierseweg(HRT) 35, 2200 Herentals, BelgiumKBO/BCE: BE 0401.284.149
Summary

The annual accounts of KIBO for fiscal year 2025 show a net loss of 95% of the equity at the start of that year. The 2025 annual accounts show equity of €1,061 and a net result of -€21,253. Equity is shrinking by ~14.7% per year across the filed fiscal years. The company has been active since 1964 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability36▼-1
Solvency25▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 6.35 against 5.17 in 2024; short-term debt: 2.8% and cash: 4.5% of total assets), but 99.9% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 61 years 0 70 y
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 2025
Solvency, return and age of the figures
Solvency
0.1%
Return on assets
-2.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€21,253
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
11 d early
2023
162 d late
2022
26 d early
2021
26 d early
2020
23 d early
2019
59 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 19 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
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. Usually files around 20 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

History

KIBO was incorporated on 10 October 1964.1 Total assets fell from EUR 1.3 million in 2018 to EUR 1 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€1,061▼ 95.2%
2024 · €22,314
Total assets
€1.0m▼ 4.0%
2024 · €1.1m
Net result
-€21,253▼ 61.1%
2024 · -€13,191
Working capital
€149,617▲ 7.3%
2024 · €139,449
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€9,567▼ 2,568%€1,954€4,218▲ 116%€4,522▲ 7.2%-€7,354
Net result-€7,694▼ 270%€918-€2,897-€13,191▼ 355%-€21,253▼ 61.1%
Equity€37,484▼ 17.0%€38,402▲ 2.5%€35,505▼ 7.5%€22,314▼ 37.2%€1,061▼ 95.2%
Total assets€1.1m▼ 4.4%€1.1m▼ 2.3%€1.1m▼ 2.5%€1.1m▼ 2.8%€1.0m▼ 4.0%
Debt€1.1m▼ 3.9%€1.1m▼ 2.5%€1.0m▼ 2.3%€1.0m▼ 1.7%€1.0m▼ 2.0%
Working capital€99,651▼ 2.0%€121,251▲ 21.7%€139,659▲ 15.2%€139,449▼ 0.2%€149,617▲ 7.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2021: -€9,567-€9,567Net result 2021: -€7,694-€7,694Operating result 2022: €1,954€1,954Net result 2022: €918€918Operating result 2023: €4,218€4,218Net result 2023: -€2,897-€2,897Operating result 2024: €4,522€4,522Net result 2024: -€13,191-€13,191Operating result 2025: -€7,354-€7,354Net result 2025: -€21,253-€21,25320212022202320242025-€30,000-€20,000-€10,000€0Operating result 2023: €4,218€4,220Net result 2023: -€2,897-€2,900Operating result 2024: €4,522€4,520Net result 2024: -€13,191-€13,200Operating result 2025: -€7,354-€7,350Net result 2025: -€21,253-€21,300202320242025
The operating result turns negative in 2025: a loss of €7,354 after €4,522 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets €833,562 ▼ 5.3%
Current assets €177,560 ▲ 2.7%
Equity and liabilities €1.0m
Equity €1,061 ▼ 95.2%
Debt €1.0m ▼ 2.0%
Debt's share of the balance-sheet total rises from 97.9% to 99.9%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€42,390▼
2024 · €53,081
Cash flow
€28,491▼
2024 · €35,367
Current ratio
6.35▲
2024 · 5.17
ROA
-2.1%▼
2024 · -1.3%
Interest coverage
2.43▲
2024 · 2.42
Debt ≤ 1 year
€27,943▼
2024 · €33,416
Debt > 1 year
€965,118▼
2024 · €987,222
Income taxes
€211▲
2024 · €140
A ratio outside any meaningful range has been withheld (balance sheet total €1.0m, equity €1,061).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,104 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency under 10%
  • a small loss
1.5% went bankrupt
3.5% stopped otherwise
94% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 1,104 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€1.0m▼
Fixed assets21/28€880,087€833,562▼
Tangible fixed assets22/27€880,087€833,562▼
Land and buildings22€864,019€820,727▼
Plant, machinery and equipment23€16,068€12,835▼
Current assets29/58€172,866€177,560▲
Amounts receivable after more than one year29€120,678€131,755▲
Other amounts receivable291€120,678€131,755▲
Amounts receivable within one year40/41€0€63▲
Trade receivables40-€63
Other amounts receivable41€0-
Cash at bank and in hand54/58€52,188€45,742▼
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.0m▼
Equity10/15€22,314€1,061▼
Contributions10/11€32,567€32,567=
Reserves13€27,126€27,126=
Non-distributable reserves130/1€3,257€3,257=
Reserves not available under the articles1311€3,257€3,257=
Distributable reserves133€23,870€23,870=
Profit (loss) carried forward14-€37,380-€58,633▼
Amounts payable17/49€1.0m€1.0m▼
Amounts payable after more than one year17€987,222€965,118▼
Financial debts170/4€985,372€963,268▼
Other amounts payable178/9€1,850€1,850=
Amounts payable within one year42/48€33,416€27,943▼
Current portion of amounts payable after more than one year42€25,105€25,105=
Trade debts44€2,928€1,295▼
Suppliers440/4€2,928€1,295▼
Advances received on contracts in progress46€830€0▼
Taxes, remuneration and social security45€140€351▲
Taxes450/3€140€351▲
Other amounts payable47/48€4,414€1,193▼
Accrued charges and deferred income492/3€10,000€17,000▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48,558€49,744▲
Other operating charges640/8€6,157€6,540▲
Gross operating margin9900€59,237€48,930▼
Operating profit (loss)9901€4,522-€7,354▼
Financial income75/76B€4,333€3,722▼
Recurring financial income75€4,333€3,722▼
Financial charges65/66B€21,907€17,410▼
Recurring financial charges65€21,907€17,410▼
Profit (loss) for the period before taxes9903-€13,052-€21,042▼
Income taxes67/77€140€211▲
Profit (loss) for the period9904-€13,191-€21,253▼
Profit (loss) for the period to be appropriated9905-€13,191-€21,253▼
Appropriation of the result
Profit (loss) to be appropriated9906-€37,380-€58,633▼
Profit (loss) brought forward from the previous period14P-€24,189-€37,380▼

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A€2,651-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46,988€47,287€47,430€48,558€49,744▲ 2.4%
Other operating charges640/8€5,373€8,968€6,011€6,157€6,540▲ 6.2%
Gross operating margin9900€42,793€58,208€57,659€59,237€48,930▼ 17.4%
Operating profit (loss)9901-€9,567€1,954€4,218€4,522-€7,354▼ 263%
Financial income75/76B€6,151€2,718€3,744€4,333€3,722▼ 14.1%
Recurring financial income75€6,151€2,718€3,744€4,333€3,722▼ 14.1%
Financial charges65/66B€4,279€3,754€10,859€21,907€17,410▼ 20.5%
Recurring financial charges65€4,279€3,754€10,859€21,907€17,410▼ 20.5%
Profit (loss) for the period before taxes9903-€7,694€918-€2,897-€13,052-€21,042▼ 61.2%
Income taxes67/77---€140€211▲ 51.2%
Profit (loss) for the period9904-€7,694€918-€2,897-€13,191-€21,253▼ 61.1%
Profit (loss) for the period to be appropriated9905-€7,694€918-€2,897-€13,191-€21,253▼ 61.1%
Line20212022202320242025Change
Assets
Total assets20/58€1.1m€1.1m€1.1m€1.1m€1.0m▼ 4.0%
Fixed assets21/28€1.0m€963,733€917,173€880,087€833,562▼ 5.3%
Tangible fixed assets22/27€1.0m€963,733€917,173€880,087€833,562▼ 5.3%
Land and buildings22€997,344€951,543€905,743€864,019€820,727▼ 5.0%
Plant, machinery and equipment23€13,676€12,189€11,430€16,068€12,835▼ 20.1%
Current assets29/58€126,704€147,820€166,507€172,866€177,560▲ 2.7%
Amounts receivable after more than one year29€84,000€81,000€78,000€120,678€131,755▲ 9.2%
Other amounts receivable291€84,000€81,000€78,000€120,678€131,755▲ 9.2%
Amounts receivable within one year40/41-€14,344€32,588€0€63-
Trade receivables40----€63-
Other amounts receivable41-€14,344€32,588€0--
Cash at bank and in hand54/58€38,088€45,179€45,174€52,188€45,742▼ 12.4%
Deferred charges and accrued income490/1€4,615€7,297€10,745€0--
Equity and liabilities
Total equity and liabilities10/49€1.1m€1.1m€1.1m€1.1m€1.0m▼ 4.0%
Equity10/15€37,484€38,402€35,505€22,314€1,061▼ 95.2%
Contributions10/11€32,567€32,567€32,567€32,567€32,567=
Outside capital11-€32,567€32,567---
Other1109/19-€32,567€32,567---
Reserves13€27,126€27,126€27,126€27,126€27,126=
Non-distributable reserves130/1€3,257€3,257€3,257€3,257€3,257=
Reserves not available under the articles1311€3,257€3,257€3,257€3,257€3,257=
Distributable reserves133€23,870€23,870€23,870€23,870€23,870=
Profit (loss) carried forward14-€22,210-€21,291-€24,189-€37,380-€58,633▼ 56.9%
Amounts payable17/49€1.1m€1.1m€1.0m€1.0m€1.0m▼ 2.0%
Amounts payable after more than one year17€1.1m€1.0m€1.0m€987,222€965,118▼ 2.2%
Financial debts170/4€1.1m€1.0m€1.0m€985,372€963,268▼ 2.2%
Other amounts payable178/9€1,000€1,000€1,850€1,850€1,850=
Amounts payable within one year42/48€27,053€26,569€26,848€33,416€27,943▼ 16.4%
Current portion of amounts payable after more than one year42€25,105€25,105€25,105€25,105€25,105=
Trade debts44€36€669€913€2,928€1,295▼ 55.8%
Suppliers440/4€36€669€913€2,928€1,295▼ 55.8%
Advances received on contracts in progress46€732€795€830€830€0▼ 100%
Taxes, remuneration and social security45---€140€351▲ 151%
Taxes450/3---€140€351▲ 151%
Other amounts payable47/48€1,180--€4,414€1,193▼ 73.0%
Accrued charges and deferred income492/3---€10,000€17,000▲ 70.0%
Line20212022202320242025Change
Profit (loss) for the period9904-€7,694€918-€2,897-€13,191-€21,253▼ 61.1%
+ Depreciation and write-downs630€46,988€47,287€47,430€48,558€49,744▲ 2.4%
Operating cash flow (approximation)€39,293€48,205€44,532€35,367€28,491▼ 19.4%
Investment in fixed assets (approximation)-€0-€870-€11,472-€3,219▲ 71.9%
Change in cash-€7,090-€5€7,014-€6,446▼ 192%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet -€21,253
Net result drops to -€21,253, the lowest in the series.
20-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
09-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 162 days late
2023
05-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €918
Net result €918 after 3 loss-making years.
05-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
08-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
28-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 59 days late
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
24-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts

We know of 10 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
10 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, Herentals · 1 establishment unit since 1964
seat establishment The establishment unit on the map
Ground area
985 m²
Building footprint
287 m²
Volume, LiDAR
2,007 m³
Parcel 13302D0628/00C003, Flanders · tallest building 14.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PVBA KINDEREN BOONEN
Lierseweg(HRT) 35, 2200 HerentalsActivities of head offices; management consultancy activities
since 19642.000.238.681
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13302D0628/00C003 Flanders 985 m² 1 · 287 m² 14.7 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded10-10-1964
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0401284149
Registered 29-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.