Killypong
ActiveSummary
Killypong has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€62,075) and a net result of €12,415. Equity is shrinking by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 13% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability80▲+3
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.11 against 0.98 in 2023; short-term debt: 79.1% and cash: 0.8% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-44%
Return on assets
8.8%
Age of the figures
21 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 15869 sector peers (2024).
NBB · sector comparisonPosition among 15869 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
61 d late
2022
100 d late
2021
31 d late
2020
16 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 54 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€62,075▲ 16.7%
2023 · -€74,490
Total assets
€140,943▲ 4.4%
2023 · €134,997
Net result
€12,415▲ 35.8%
2023 · €9,142
Working capital
€11,833
2023 · -€2,109
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale 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
Line20202021202220232024
Operating result-€62,381--€25,523▲ 59.1%-€11,948▲ 53.2%€11,225€15,926▲ 41.9%
Net result-€62,645below the sector's middle half--€29,016below the sector's middle half▲ 53.7%-€15,394below the sector's middle half▲ 46.9%€9,142within the sector's middle half€12,415within the sector's middle half▲ 35.8%
Equity-€39,222below the sector's middle half--€68,238below the sector's middle half▼ 74.0%-€83,632below the sector's middle half▼ 22.6%-€74,490below the sector's middle half▲ 10.9%-€62,075below the sector's middle half▲ 16.7%
Total assets€123,792within the sector's middle half-€93,693within the sector's middle half▼ 24.3%€123,618within the sector's middle half▲ 31.9%€134,997within the sector's middle half▲ 9.2%€140,943within the sector's middle half▲ 4.4%
Debt€163,015-€161,931▼ 0.7%€207,250▲ 28.0%€209,487▲ 1.1%€203,018▼ 3.1%
Working capital-€37,911below the sector's middle half--€60,174below the sector's middle half▼ 58.7%-€92,000below the sector's middle half▼ 52.9%-€2,109within the sector's middle half▲ 97.7%€11,833within the sector's middle half
Solvency-31.7%below the sector's middle half--72.8%below the sector's middle half▼ 41.1pp-67.7%below the sector's middle half▲ 5.2pp-55.2%below the sector's middle half▲ 12.5pp-44.0%below the sector's middle half▲ 11.1pp
Current ratio0.71below the sector's middle half-0.54below the sector's middle half▼ 0.170.51below the sector's middle half▼ 0.030.98within the sector's middle half▲ 0.471.11within the sector's middle half▲ 0.12
Return on assets (ROA)-50.6%below the sector's middle half--31.0%below the sector's middle half▲ 19.6pp-12.5%below the sector's middle half▲ 18.5pp6.8%within the sector's middle half▲ 19.2pp8.8%within the sector's middle half▲ 2.0pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 42% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €140,943
Fixed assets
€17,591 ▼ 24.9%
Current assets
€123,353 ▲ 10.5%
Key figures and ratios
EBITDA
€21,681▲
2023 · €16,529
Cash flow
€18,170▲
2023 · €14,446
Quick ratio
0.05▼
2023 · 0.06
Debt to equity
-3.27▼
2023 · -2.81
Interest coverage
6.45▼
2023 · 6.76
Debt ≤ 1 year
€111,519▼
2023 · €113,698
Debt > 1 year
€86,000▼
2023 · €93,873
Income taxes
€156▼
2023 · €166
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.9%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 3,632 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,107 | €8,224 | €4,842 | €5,304 | €5,755 | ▲ 8.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€14,125 | - | - |
| Other operating charges640/8 | - | €5,488 | €4,550 | €6,720 | €4,382 | ▼ 34.8% |
| Gross operating margin9900 | -€41,468 | -€11,811 | -€2,557 | €9,124 | €26,063 | ▲ 186% |
| Operating profit (loss)9901 | -€62,381 | -€25,523 | -€11,948 | €11,225 | €15,926 | ▲ 41.9% |
| Financial income75/76B | - | €619 | - | €529 | €6 | ▼ 98.9% |
| Recurring financial income75 | €1,369 | €619 | - | €529 | €6 | ▼ 98.9% |
| Financial charges65/66B | - | €3,852 | €3,171 | €2,447 | €3,361 | ▲ 37.4% |
| Recurring financial charges65 | €1,384 | €3,852 | €3,171 | €2,447 | €3,361 | ▲ 37.4% |
| Profit (loss) for the period before taxes9903 | -€62,396 | -€28,756 | -€15,119 | €9,307 | €12,571 | ▲ 35.1% |
| Income taxes67/77 | €249 | €260 | €275 | €166 | €156 | ▼ 5.8% |
| Profit (loss) for the period9904 | -€62,645 | -€29,016 | -€15,394 | €9,142 | €12,415 | ▲ 35.8% |
| Profit (loss) for the period to be appropriated9905 | -€62,645 | -€29,016 | -€15,394 | €9,142 | €12,415 | ▲ 35.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €123,792 | €93,693 | €123,618 | €134,997 | €140,943 | ▲ 4.4% |
| Fixed assets21/28 | €29,877 | €21,647 | €27,313 | €23,408 | €17,591 | ▼ 24.9% |
| Tangible fixed assets22/27 | €25,576 | €17,352 | €23,137 | €19,068 | €13,313 | ▼ 30.2% |
| Plant, machinery and equipment23 | - | €249 | €124 | €3,844 | €2,939 | ▼ 23.6% |
| Furniture and vehicles24 | - | €698 | €8,695 | €4,260 | €2,764 | ▼ 35.1% |
| Other tangible fixed assets26 | - | €16,406 | €14,317 | €10,964 | €7,610 | ▼ 30.6% |
| Financial fixed assets28 | €4,301 | €4,294 | €4,176 | €4,341 | €4,278 | ▼ 1.5% |
| Current assets29/58 | €93,916 | €72,047 | €96,305 | €111,589 | €123,353 | ▲ 10.5% |
| Stocks and contracts in progress3 | €87,014 | €65,550 | €78,253 | €105,000 | €118,000 | ▲ 12.4% |
| Stocks30/36 | - | €65,550 | €78,253 | €105,000 | €118,000 | ▲ 12.4% |
| Amounts receivable within one year40/41 | €5,492 | €5,991 | €17,502 | €6,353 | €4,161 | ▼ 34.5% |
| Trade receivables40 | - | €4,991 | €17,502 | €6,353 | €4,161 | ▼ 34.5% |
| Other amounts receivable41 | - | €1,000 | - | - | - | - |
| Cash at bank and in hand54/58 | €297 | €506 | €550 | €236 | €1,191 | ▲ 406% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €123,792 | €93,693 | €123,618 | €134,997 | €140,943 | ▲ 4.4% |
| Equity10/15 | -€39,222 | -€68,238 | -€83,632 | -€74,490 | -€62,075 | ▲ 16.7% |
| Contributions10/11 | - | €500 | €500 | €500 | €500 | = |
| Reserves13 | €22,923 | €22,923 | €22,873 | €22,873 | €22,873 | = |
| Distributable reserves133 | - | €22,923 | €22,873 | €22,873 | €22,873 | = |
| Profit (loss) carried forward14 | -€62,645 | -€91,661 | -€107,005 | -€97,863 | -€85,448 | ▲ 12.7% |
| Amounts payable17/49 | €163,015 | €161,931 | €207,250 | €209,487 | €203,018 | ▼ 3.1% |
| Amounts payable after more than one year17 | €31,188 | €23,621 | €15,903 | €93,873 | €86,000 | ▼ 8.4% |
| Financial debts170/4 | - | €23,621 | €15,903 | €93,873 | €86,000 | ▼ 8.4% |
| Amounts payable within one year42/48 | €131,827 | €132,220 | €188,306 | €113,698 | €111,519 | ▼ 1.9% |
| Current portion of amounts payable after more than one year42 | - | €7,567 | €7,718 | €8,030 | €8,030 | = |
| Financial debts43 | - | €8,803 | €8,009 | - | - | - |
| Credit institutions430/8 | - | €8,803 | €8,009 | - | - | - |
| Trade debts44 | €7,384 | €11,491 | €47,698 | €35,908 | €22,490 | ▼ 37.4% |
| Suppliers440/4 | - | €11,491 | €47,698 | €35,908 | €22,490 | ▼ 37.4% |
| Advances received on contracts in progress46 | - | €1,999 | €1,549 | €7,363 | €3,279 | ▼ 55.5% |
| Taxes, remuneration and social security45 | - | €5,519 | €22,645 | €15,136 | €16,806 | ▲ 11.0% |
| Taxes450/3 | - | €5,519 | €22,645 | €15,136 | €16,806 | ▲ 11.0% |
| Other amounts payable47/48 | - | €96,842 | €100,687 | €47,262 | €60,914 | ▲ 28.9% |
| Accrued charges and deferred income492/3 | - | €6,090 | €3,042 | €1,917 | €5,499 | ▲ 187% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€62,645 | -€29,016 | -€15,394 | €9,142 | €12,415 | ▲ 35.8% |
| + Depreciation and write-downs630 | €9,107 | €8,224 | €4,842 | €5,304 | €5,755 | ▲ 8.5% |
| Operating cash flow (approximation) | -€53,538 | -€20,792 | -€10,552 | €14,446 | €18,170 | ▲ 25.8% |
| Investment in fixed assets (approximation) | - | €6 | -€10,508 | -€1,400 | €63 | ▲ 105% |
| Change in cash | - | €208 | €44 | -€314 | €956 | ▲ 404% |
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
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial
Highest result since 2020net €12,415 ▲35.8%
Operating result €15,926, net result €12,415, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €9,142
Net result €9,142 after 3 loss-making years.
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 100 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Mortsel · 1 establishment unit since 2008
Ground area
691 m²
Building footprint
647 m²
Volume, LiDAR
6,561 m³
2 parcels, Flanders · tallest building 13.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Killypong
since 20082.172.807.027
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11513C0293/00C004 | Flanders | 494 m² | 1 · 578 m² | 13.1 m · 3 fl. |
| 11019B0178/00N004 | Flanders | 197 m² | 1 · 70 m² | 9.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,307 companies in sector 46423 we hold annual accounts for 810. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-08-2008
Fiscal year end31-12
Activities, NACEBEL 2025
46423Wholesale of clothing, excluding workwear and underwear
47639Retail sale of other sporting goods
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
85510Sports and recreation education
93110Operation of sports facilities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0806020312
Also
9925:BE0806020312
Registered
28-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.