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Killypong

Active
Private limited companyfounded 2008active for 18 yearsStatielei 72B, 2640 Mortsel, BelgiumKBO/BCE: BE 0806.020.312
Summary

Killypong has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€44,679) and a net result of €17,396. Equity is growing by about 3.2% per year across the filed financial years. Its solvency ranks better than 14% of 13,618 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (75 days) Filed on 14 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00556675.

Equity
-€44,679▲ 28.0%
2024 · -€62,075
Total assets
€147,967▲ 5.0%
2024 · €140,943
Net result
€17,396▲ 40.1%
2024 · €12,415
Working capital
€39,440▲ 233%
2024 · €11,833
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result has risen four years in a row; 2025 is 29% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€20,610 2025 Net result€17,396 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result-€62,381--€25,523▲ 59.1%-€11,948▲ 53.2%€11,225€15,926▲ 41.9%€20,610▲ 29.4%
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%€17,396within the sector's middle half▲ 40.1%
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%-€44,679below the sector's middle half▲ 28.0%
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%€147,967within the sector's middle half▲ 5.0%
Debt€163,015-€161,931▼ 0.7%€207,250▲ 28.0%€209,487▲ 1.1%€203,018▼ 3.1%€192,645▼ 5.1%
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€39,440within the sector's middle half▲ 233%
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-30.2%below the sector's middle half▲ 13.8pp
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▲ 0.121.41within the sector's middle half▲ 0.30
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▲ 2.0pp11.8%within the sector's middle half▲ 2.9pp
above within below the middle half of NACE 46, Wholesale trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €147,967
Fixed assets €12,185 ▼ 30.7%
Current assets €135,781 ▲ 10.1%
Equity and liabilities
Equity-€44,679
Debt€192,645
Equity is negative: debt (€192,645) exceeds the balance-sheet total (€147,967).
Key figures and ratios
2025 value · change against 2024
EBITDA
€25,980▲
2024 · €21,681
Cash flow
€22,767▲
2024 · €18,170
Quick ratio
0.13▲
2024 · 0.05
Interest coverage
8.87▲
2024 · 6.45
Debt ≤ 1 year
€96,341▼
2024 · €111,519
Debt > 1 year
€86,000=
2024 · €86,000
Income taxes
€308▲
2024 · €156
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 91.9% 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
91.9% 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 1.5% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€140,943€147,967▲
Fixed assets21/28€17,591€12,185▼
Tangible fixed assets22/27€13,313€7,942▼
Plant, machinery and equipment23€2,939€2,034▼
Furniture and vehicles24€2,764€1,375▼
Other tangible fixed assets26€7,610€4,534▼
Financial fixed assets28€4,278€4,243▼
Current assets29/58€123,353€135,781▲
Stocks and contracts in progress3€118,000€123,510▲
Stocks30/36€118,000€123,510▲
Amounts receivable within one year40/41€4,161€11,259▲
Trade receivables40€4,161€10,848▲
Other amounts receivable41-€412
Cash at bank and in hand54/58€1,191€1,012▼
Equity and liabilities
Total equity and liabilities10/49€140,943€147,967▲
Equity10/15-€62,075-€44,679▲
Contributions10/11€500€500=
Reserves13€22,873€22,873=
Distributable reserves133€22,873€22,873=
Profit (loss) carried forward14-€85,448-€68,051▲
Amounts payable17/49€203,018€192,645▼
Amounts payable after more than one year17€86,000€86,000=
Financial debts170/4€86,000€86,000=
Amounts payable within one year42/48€111,519€96,341▼
Current portion of amounts payable after more than one year42€8,030-
Trade debts44€22,490€17,406▼
Suppliers440/4€22,490€17,406▼
Advances received on contracts in progress46€3,279€5,182▲
Taxes, remuneration and social security45€16,806€16,391▼
Taxes450/3€16,806€16,391▼
Other amounts payable47/48€60,914€57,362▼
Accrued charges and deferred income492/3€5,499€10,304▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,755€5,371▼
Other operating charges640/8€4,382€4,582▲
Gross operating margin9900€26,063€30,562▲
Operating profit (loss)9901€15,926€20,610▲
Financial income75/76B€6€23▲
Recurring financial income75€6€23▲
Financial charges65/66B€3,361€2,928▼
Recurring financial charges65€3,361€2,928▼
Profit (loss) for the period before taxes9903€12,571€17,705▲
Income taxes67/77€156€308▲
Profit (loss) for the period9904€12,415€17,396▲
Profit (loss) for the period to be appropriated9905€12,415€17,396▲
Appropriation of the result
Profit (loss) to be appropriated9906-€85,448-€68,051▲
Profit (loss) brought forward from the previous period14P-€97,863-€85,448▲

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

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,107€8,224€4,842€5,304€5,755€5,371▼ 6.7%
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€4,582▲ 4.6%
Gross operating margin9900-€41,468-€11,811-€2,557€9,124€26,063€30,562▲ 17.3%
Operating profit (loss)9901-€62,381-€25,523-€11,948€11,225€15,926€20,610▲ 29.4%
Financial income75/76B-€619-€529€6€23▲ 296%
Recurring financial income75€1,369€619-€529€6€23▲ 296%
Financial charges65/66B-€3,852€3,171€2,447€3,361€2,928▼ 12.9%
Recurring financial charges65€1,384€3,852€3,171€2,447€3,361€2,928▼ 12.9%
Profit (loss) for the period before taxes9903-€62,396-€28,756-€15,119€9,307€12,571€17,705▲ 40.8%
Income taxes67/77€249€260€275€166€156€308▲ 97.8%
Profit (loss) for the period9904-€62,645-€29,016-€15,394€9,142€12,415€17,396▲ 40.1%
Profit (loss) for the period to be appropriated9905-€62,645-€29,016-€15,394€9,142€12,415€17,396▲ 40.1%
Line202020212022202320242025Change
Assets
Total assets20/58€123,792€93,693€123,618€134,997€140,943€147,967▲ 5.0%
Fixed assets21/28€29,877€21,647€27,313€23,408€17,591€12,185▼ 30.7%
Tangible fixed assets22/27€25,576€17,352€23,137€19,068€13,313€7,942▼ 40.3%
Plant, machinery and equipment23-€249€124€3,844€2,939€2,034▼ 30.8%
Furniture and vehicles24-€698€8,695€4,260€2,764€1,375▼ 50.3%
Other tangible fixed assets26-€16,406€14,317€10,964€7,610€4,534▼ 40.4%
Financial fixed assets28€4,301€4,294€4,176€4,341€4,278€4,243▼ 0.8%
Current assets29/58€93,916€72,047€96,305€111,589€123,353€135,781▲ 10.1%
Stocks and contracts in progress3€87,014€65,550€78,253€105,000€118,000€123,510▲ 4.7%
Stocks30/36-€65,550€78,253€105,000€118,000€123,510▲ 4.7%
Amounts receivable within one year40/41€5,492€5,991€17,502€6,353€4,161€11,259▲ 171%
Trade receivables40-€4,991€17,502€6,353€4,161€10,848▲ 161%
Other amounts receivable41-€1,000---€412-
Cash at bank and in hand54/58€297€506€550€236€1,191€1,012▼ 15.1%
Equity and liabilities
Total equity and liabilities10/49€123,792€93,693€123,618€134,997€140,943€147,967▲ 5.0%
Equity10/15-€39,222-€68,238-€83,632-€74,490-€62,075-€44,679▲ 28.0%
Contributions10/11-€500€500€500€500€500=
Reserves13€22,923€22,923€22,873€22,873€22,873€22,873=
Distributable reserves133-€22,923€22,873€22,873€22,873€22,873=
Profit (loss) carried forward14-€62,645-€91,661-€107,005-€97,863-€85,448-€68,051▲ 20.4%
Amounts payable17/49€163,015€161,931€207,250€209,487€203,018€192,645▼ 5.1%
Amounts payable after more than one year17€31,188€23,621€15,903€93,873€86,000€86,000=
Financial debts170/4-€23,621€15,903€93,873€86,000€86,000=
Amounts payable within one year42/48€131,827€132,220€188,306€113,698€111,519€96,341▼ 13.6%
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€17,406▼ 22.6%
Suppliers440/4-€11,491€47,698€35,908€22,490€17,406▼ 22.6%
Advances received on contracts in progress46-€1,999€1,549€7,363€3,279€5,182▲ 58.0%
Taxes, remuneration and social security45-€5,519€22,645€15,136€16,806€16,391▼ 2.5%
Taxes450/3-€5,519€22,645€15,136€16,806€16,391▼ 2.5%
Other amounts payable47/48-€96,842€100,687€47,262€60,914€57,362▼ 5.8%
Accrued charges and deferred income492/3-€6,090€3,042€1,917€5,499€10,304▲ 87.4%
Line202020212022202320242025Change
Profit (loss) for the period9904-€62,645-€29,016-€15,394€9,142€12,415€17,396▲ 40.1%
+ Depreciation and write-downs630€9,107€8,224€4,842€5,304€5,755€5,371▼ 6.7%
Operating cash flow (approximation)-€53,538-€20,792-€10,552€14,446€18,170€22,767▲ 25.3%
Investment in fixed assets (approximation)-€6-€10,508-€1,400€63€35▼ 45.1%
Change in cash-€208€44-€314€956-€180-

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

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2025 micro format 14-10-2026 2026-00556675
31-12-2024 micro format 30-09-2025 2025-00513540
31-12-2023 micro format 30-09-2024 2024-00495611
31-12-2022 micro format 08-11-2023 2023-00510457
31-12-2021 micro format 31-08-2022 2022-20373021
31-12-2020 micro format 16-08-2021 2021-48500573

Similar companies · same sector and region

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 the 1,270 active companies whose main activity is wholesale of clothing, excluding workwear and underwear (NACE 46423), figures are known for 789. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.