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KIBO

Active
Private limited companyfounded 20223 yrs activeIndustriestrasse 38, 4700 Eupen, BelgiumKBO/BCE: BE 0793.283.123
Summary

The computed 12-month bankruptcy probability of KIBO is 2.1% (moderate). The 2025 annual accounts show equity of €22,024 and a net result of €10,405. Equity is growing by ~90.7% per year across the filed fiscal years. Its solvency ranks better than 42% of 18537 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
Axes · tick = 2024
Profitability83▲+1
Solvency50▲+13
Growth78=
Track record94
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.82 against 0.72 in 2024; short-term debt: 75.4% and cash: 8% of total assets), and 75.4% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
24.6%
Return on assets
11.6%
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 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
19 d late
2023
30 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 27 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed 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.
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

On 4 November 2022, KIBO was incorporated as a Private limited company.1 Total assets went from EUR 114,569 in 2023 to EUR 89,591 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€10,405▲ 0.2%
2024 · €10,387
Working capital
-€11,931▲ 50.6%
2024 · -€24,138
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result-€5,520-€11,479€12,724▲ 10.8%
Net result-€3,867-€10,387€10,405within the sector's middle half▲ 0.2%
Equity€1,133-€11,519▲ 917%€22,024within the sector's middle half▲ 91.2%
Total assets€114,569-€98,663▼ 13.9%€89,591within the sector's middle half▼ 9.2%
Debt€113,436-€87,143▼ 23.2%€67,567▼ 22.5%
Working capital-€9,115--€24,138▼ 165%-€11,931▲ 50.6%
Solvency1.0%-11.7%▲ 10.7pp24.6%within the sector's middle half▲ 12.9pp
Staff (FTE)11=
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0€5,000€10,000€15,000Operating result 2023: -€5,520-€5,520Net result 2023: -€3,867-€3,867Operating result 2024: €11,479€11,479Net result 2024: €10,387€10,387Operating result 2025: €12,724€12,724Net result 2025: €10,405€10,405202320242025-€10,000-€5,000€0€5,000€10,000€15,000Operating result 2023: -€5,520-€5,520Net result 2023: -€3,867-€3,870Operating result 2024: €11,479€11,500Net result 2024: €10,387€10,400Operating result 2025: €12,724€12,700Net result 2025: €10,405€10,400202320242025
The operating result has risen two years in a row; 2025 is 11% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89,591
Fixed assets €33,955 ▼ 4.8%
Current assets €55,636 ▼ 11.7%
Equity and liabilities €89,591
Equity €22,024 ▲ 91.2%
Debt €67,567 ▼ 22.5%
Debt's share of the balance-sheet total falls from 88.3% to 75.4%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€26,091▲
2024 · €20,285
Cash flow
€23,772▲
2024 · €19,193
Current ratio
0.82▲
2024 · 0.72
Quick ratio
0.55▼
2024 · 0.62
Debt to equity
3.07▼
2024 · 7.56
ROE
47.2%▼
2024 · 90.2%
ROA
11.6%▲
2024 · 10.5%
Interest coverage
68.18▲
2024 · 65.61
Debt ≤ 1 year
€67,567▼
2024 · €87,143
Income taxes
€3,040▲
2024 · €1,474
Staff costs
€49,339▲
2024 · €30,553
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.1% 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 7,976 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 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€98,663€89,591▼
Fixed assets21/28€35,657€33,955▼
Intangible fixed assets21€4,619€3,241▼
Tangible fixed assets22/27€27,289€26,964▼
Plant, machinery and equipment23€26,194€26,809▲
Furniture and vehicles24€1,094€156▼
Financial fixed assets28€3,750€3,750=
Current assets29/58€63,005€55,636▼
Stocks and contracts in progress3€9,089€18,323▲
Stocks30/36€9,089€18,323▲
Amounts receivable within one year40/41€43,852€30,186▼
Trade receivables40€41,803€23,676▼
Other amounts receivable41€2,049€6,510▲
Cash at bank and in hand54/58€9,721€7,127▼
Deferred charges and accrued income490/1€344-
Equity and liabilities
Total equity and liabilities10/49€98,663€89,591▼
Equity10/15€11,519€22,024▲
Contributions10/11€5,000€5,000=
Reserves13€10,387€17,024▲
Distributable reserves133€10,387€17,024▲
Profit (loss) carried forward14-€3,867-
Amounts payable17/49€87,143€67,567▼
Amounts payable within one year42/48€87,143€67,567▼
Financial debts43-€2,529
Credit institutions430/8-€2,529
Trade debts44€57,390€47,917▼
Suppliers440/4€57,390€47,917▼
Taxes, remuneration and social security45€18,334€11,107▼
Taxes450/3€16,482€11,107▼
Remuneration and social security454/9€1,852-
Other amounts payable47/48€11,420€6,014▼
Income statement Code20242025
Remuneration, social security and pensions62€30,553€49,339▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,806€13,367▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2,606
Non-recurring operating charges66A€29,682-
Gross operating margin9900€80,520€78,036▼
Operating profit (loss)9901€11,479€12,724▲
Financial income75/76B€690€1,103▲
Recurring financial income75€690€1,103▲
Financial charges65/66B€309€383▲
Recurring financial charges65€309€383▲
Profit (loss) for the period before taxes9903€11,860€13,444▲
Income taxes67/77€1,474€3,040▲
Profit (loss) for the period9904€10,387€10,405▲
Profit (loss) for the period to be appropriated9905€10,387€10,405▲
Appropriation of the result
Profit (loss) to be appropriated9906€6,519€6,637▲
Profit (loss) brought forward from the previous period14P-€3,867-€3,767▲
Transfer to equity691/2€10,387€6,637▼
To other reserves6921€10,387€6,637▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Remuneration, social security and pensions62-€30,553€49,339▲ 61.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,855€8,806€13,367▲ 51.8%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€2,606-
Other operating charges640/8€114---
Non-recurring operating charges66A-€29,682--
Gross operating margin9900€6,448€80,520€78,036▼ 3.1%
Operating profit (loss)9901-€5,520€11,479€12,724▲ 10.8%
Financial income75/76B€1,809€690€1,103▲ 59.7%
Recurring financial income75€1,809€690€1,103▲ 59.7%
Financial charges65/66B€156€309€383▲ 23.8%
Recurring financial charges65€156€309€383▲ 23.8%
Profit (loss) for the period before taxes9903-€3,867€11,860€13,444▲ 13.4%
Income taxes67/77-€1,474€3,040▲ 106%
Profit (loss) for the period9904-€3,867€10,387€10,405▲ 0.2%
Profit (loss) for the period to be appropriated9905-€3,867€10,387€10,405▲ 0.2%
Line202320242025Change
Assets
Total assets20/58€114,569€98,663€89,591▼ 9.2%
Fixed assets21/28€54,177€35,657€33,955▼ 4.8%
Intangible fixed assets21€35,680€4,619€3,241▼ 29.8%
Tangible fixed assets22/27€18,497€27,289€26,964▼ 1.2%
Plant, machinery and equipment23€16,440€26,194€26,809▲ 2.3%
Furniture and vehicles24€2,057€1,094€156▼ 85.8%
Financial fixed assets28-€3,750€3,750=
Current assets29/58€60,392€63,005€55,636▼ 11.7%
Stocks and contracts in progress3€37,603€9,089€18,323▲ 102%
Stocks30/36€37,603€9,089€18,323▲ 102%
Amounts receivable within one year40/41€21,252€43,852€30,186▼ 31.2%
Trade receivables40€12,524€41,803€23,676▼ 43.4%
Other amounts receivable41€8,729€2,049€6,510▲ 218%
Cash at bank and in hand54/58€1,536€9,721€7,127▼ 26.7%
Deferred charges and accrued income490/1-€344--
Equity and liabilities
Total equity and liabilities10/49€114,569€98,663€89,591▼ 9.2%
Equity10/15€1,133€11,519€22,024▲ 91.2%
Contributions10/11€5,000€5,000€5,000=
Reserves13-€10,387€17,024▲ 63.9%
Distributable reserves133-€10,387€17,024▲ 63.9%
Profit (loss) carried forward14-€3,867-€3,867--
Amounts payable17/49€113,436€87,143€67,567▼ 22.5%
Amounts payable after more than one year17€43,929---
Financial debts170/4€3,929---
Other amounts payable178/9€40,000---
Amounts payable within one year42/48€69,507€87,143€67,567▼ 22.5%
Financial debts43--€2,529-
Credit institutions430/8--€2,529-
Trade debts44€56,645€57,390€47,917▼ 16.5%
Suppliers440/4€56,645€57,390€47,917▼ 16.5%
Taxes, remuneration and social security45€7,765€18,334€11,107▼ 39.4%
Taxes450/3€7,765€16,482€11,107▼ 32.6%
Remuneration and social security454/9-€1,852--
Other amounts payable47/48€5,097€11,420€6,014▼ 47.3%
Line202320242025Change
Profit (loss) for the period9904-€3,867€10,387€10,405▲ 0.2%
+ Depreciation and write-downs630€11,855€8,806€13,367▲ 51.8%
Operating cash flow (approximation)€7,987€19,193€23,772▲ 23.9%
Investment in fixed assets (approximation)-€9,713-€11,665▼ 220%
Change in cash-€8,184-€2,593▼ 132%

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
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial Highest result since 2023net €10,405 ▲0.2%
Operating result €12,724, net result €10,405, both a record.
19-08
NBB filing Annual accounts filed
fiscal year 2024 · unclassified schema · 19 days late
2024
31-12
Financial Back to profitnet €10,387
Net result €10,387 after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2023 · unclassified schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Eupen · 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.

Industriestrasse 384700 Eupen
1 establishment unit
KIBO
Industriestrasse 38, 4700 EupenFloor and wall tiling
since 20222.337.836.788

Similar companies · same sector, comparable size

Of 75 companies in sector 47524 we hold annual accounts for 47. 26 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded04-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43332Laying of wooden floor and wall coverings
47524Retail trade
46831Wholesale of construction materials, general range
47530Retail trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0793283123
Registered 09-11-2022

Register as of 27 September 2026 · Peppol Directory

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