KIM
ActiveSummary
KIM has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.85M and a net result of €651k. Equity is growing by ~25.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+31
Solvency82▲+27
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 1.96 against 1.53 in 2024; short-term debt: 40.3% and cash: 11% of total assets), and 43% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
57%
Return on assets
20.1%
Age of the figures
9 mo
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
6 d early
2023
20 d late
2022
39 d early
2021
17 d early
2020
18 d early
2019
9 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.85M▲ 54.3%
2024 · €1.20M
2018: €422k
2019: €367k▼ -13.1% vs 2018lowest in 8 years
2020: €534k▲ +45.6% vs 2019
2021: €3.00M▲ +461% vs 2020highest in 8 years
2022: €2.28M▼ -24.0% vs 2021
2023: €1.77M▼ -22.3% vs 2022
2024: €1.20M▼ -32.3% vs 2023
2025: €1.85M▲ +54.3% vs 2024
2018 → 2025
Total assets
€3.24M▼ 19.5%
2024 · €4.03M
2018: €2.91Mlowest in 8 years
2019: €3.34M▲ +14.8% vs 2018
2020: €4.08M▲ +22.3% vs 2019
2021: €3.75M▼ -8.1% vs 2020
2022: €5.14M▲ +37.0% vs 2021highest in 8 years
2023: €3.13M▼ -39.1% vs 2022
2024: €4.03M▲ +28.6% vs 2023
2025: €3.24M▼ -19.5% vs 2024
2018 → 2025
Net result
€651k▲ 111%
2024 · €309k
2018: €-23k
2019: €-55k▼ -141% vs 2018
2020: €167k▲ +404% vs 2019
2021: €2.46M▲ +1372% vs 2020highest in 8 years
2022: €782k▼ -68.2% vs 2021
2023: €-57k▼ -107% vs 2022lowest in 8 years
2024: €309k▲ +641% vs 2023
2025: €651k▲ +111% vs 2024
2018 → 2025
Working capital
€1.26M▲ 8.5%
2024 · €1.16M
2018: €341k
2019: €-314k▼ -192% vs 2018lowest in 8 years
2020: €-147k▲ +53.2% vs 2019
2021: €2.32M▲ +1675% vs 2020highest in 8 years
2022: €1.60M▼ -31.0% vs 2021
2023: €1.09M▼ -31.7% vs 2022
2024: €1.16M▲ +6.1% vs 2023
2025: €1.26M▲ +8.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€3.00M-€2.28M▼ 24.0%€1.77M▼ 22.3%€1.20M▼ 32.3%€1.85M▲ 54.3%
2021: €3.00Mhighest in 5 years
2022: €2.28M▼ -24.0% vs 2021
2023: €1.77M▼ -22.3% vs 2022
2024: €1.20M▼ -32.3% vs 2023lowest in 5 years
2025: €1.85M▲ +54.3% vs 2024
Operating result€3.10M-€1.02M▼ 66.9%€-4k€396k€330k▼ 16.5%
2021: €3.10Mhighest in 5 years
2022: €1.02M▼ -66.9% vs 2021
2023: €-4k▼ -100% vs 2022lowest in 5 years
2024: €396k▲ +9622% vs 2023
2025: €330k▼ -16.5% vs 2024
Net result€2.46M-€782k▼ 68.2%€-57k€309k€651k▲ 111%
2021: €2.46Mhighest in 5 years
2022: €782k▼ -68.2% vs 2021
2023: €-57k▼ -107% vs 2022lowest in 5 years
2024: €309k▲ +641% vs 2023
2025: €651k▲ +111% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.24M
Fixed assets
€681k =
Current assets
€2.56M ▼ 23.4%
Equity and liabilities €3.24M
Equity
€1.85M ▲ 54.3%
Provisions
€0 ▼ 100%
Debt
€1.40M ▼ 49.4%
Debt's share of the balance-sheet total falls from 68.4% to 43.0%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
1.96▲
2024 · 1.53
Quick ratio
0.29▼
2024 · 0.52
Debt to equity
0.75▼
2024 · 2.30
ROE
35.2%▲
2024 · 25.8%
ROA
20.1%▲
2024 · 7.7%
Debt ≤ 1 year
€1.31M▼
2024 · €2.19M
Debt > 1 year
€88k▼
2024 · €565k
Income taxes
€54k▼
2024 · €64k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.03M€3.24M▼
Fixed assets21/28€681k€681k=
Financial fixed assets28€681k€681k=
Current assets29/58€3.35M€2.56M▼
Amounts receivable after more than one year29€14k€4k▼
Other amounts receivable291€14k€4k▼
Stocks and contracts in progress3€2.20M€2.18M▼
Stocks30/36€2.20M€2.18M▼
Amounts receivable within one year40/41€19k€24k▲
Other amounts receivable41€19k€24k▲
Cash at bank and in hand54/58€1.11M€357k▼
Deferred charges and accrued income490/1€281-
Equity and liabilities
Total equity and liabilities10/49€4.03M€3.24M▼
Equity10/15€1.20M€1.85M▲
Contributions10/11€889k€889k=
Reserves13€309k€960k▲
Distributable reserves133€309k€960k▲
Provisions and deferred taxes16€75k-
Provisions for liabilities and charges160/5€75k-
Other liabilities and charges164/5€75k-
Amounts payable17/49€2.75M€1.40M▼
Amounts payable after more than one year17€565k€88k▼
Other amounts payable178/9€565k€88k▼
Amounts payable within one year42/48€2.19M€1.31M▼
Financial debts43€1.31M€1.31M=
Credit institutions430/8€1.31M€1.31M=
Trade debts44€344-
Suppliers440/4€344-
Other amounts payable47/48€882k-
Income statement
Code20242025
Provisions for liabilities and charges: additions (uses and reversals)635/8-€-75k
Other operating charges640/8€13k€6k▼
Gross operating margin9900€409k€261k▼
Operating profit (loss)9901€396k€330k▼
Financial income75/76B€1k€489k▲
Recurring financial income75€1k€489k▲
Financial charges65/66B€24k€115k▲
Recurring financial charges65€24k€115k▲
Profit (loss) for the period before taxes9903€373k€704k▲
Income taxes67/77€64k€54k▼
Profit (loss) for the period9904€309k€651k▲
Profit (loss) for the period to be appropriated9905€309k€651k▲
Appropriation of the result
Profit (loss) to be appropriated9906€309k€651k▲
Transfer from equity791/2€882k-
Transfer to equity691/2€309k€651k▲
To other reserves6921€309k€651k▲
Profit to be distributed694/7€882k-
Return on contributions (dividend)694€882k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1k | - | - | - | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | €-75k | - |
| Other operating charges640/8 | €7k | €4k | €2k | €13k | €6k | ▼ 53.6% |
| Gross operating margin9900 | €3.11M | €1.03M | €-3k | €409k | €261k | ▼ 36.1% |
| Operating profit (loss)9901 | €3.10M | €1.02M | €-4k | €396k | €330k | ▼ 16.5% |
| Financial income75/76B | €31k | €28k | €3k | €1k | €489k | ▲ 37,499% |
| Recurring financial income75 | €31k | €28k | €3k | €1k | €489k | ▲ 37,499% |
| Financial charges65/66B | €25k | €68k | €56k | €24k | €115k | ▲ 372% |
| Recurring financial charges65 | €25k | €68k | €56k | €24k | €115k | ▲ 372% |
| Profit (loss) for the period before taxes9903 | €3.10M | €984k | €-57k | €373k | €704k | ▲ 89.0% |
| Income taxes67/77 | €642k | €202k | - | €64k | €54k | ▼ 15.5% |
| Profit (loss) for the period9904 | €2.46M | €782k | €-57k | €309k | €651k | ▲ 111% |
| Profit (loss) for the period to be appropriated9905 | €2.46M | €782k | €-57k | €309k | €651k | ▲ 111% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.75M | €5.14M | €3.13M | €4.03M | €3.24M | ▼ 19.5% |
| Fixed assets21/28 | €681k | €681k | €681k | €681k | €681k | = |
| Financial fixed assets28 | €681k | €681k | €681k | €681k | €681k | = |
| Current assets29/58 | €3.07M | €4.46M | €2.45M | €3.35M | €2.56M | ▼ 23.4% |
| Amounts receivable after more than one year29 | - | - | - | €14k | €4k | ▼ 68.2% |
| Other amounts receivable291 | - | - | - | €14k | €4k | ▼ 68.2% |
| Stocks and contracts in progress3 | €1.03M | €2.31M | €2.27M | €2.20M | €2.18M | ▼ 1.2% |
| Stocks30/36 | €1.03M | €2.31M | €2.27M | €2.20M | €2.18M | ▼ 1.2% |
| Amounts receivable within one year40/41 | €1.51M | €595k | €13k | €19k | €24k | ▲ 26.6% |
| Trade receivables40 | €115k | - | - | - | - | - |
| Other amounts receivable41 | €1.40M | €595k | €13k | €19k | €24k | ▲ 26.6% |
| Cash at bank and in hand54/58 | €528k | €1.55M | €165k | €1.11M | €357k | ▼ 67.9% |
| Deferred charges and accrued income490/1 | €281 | €506 | €281 | €281 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.75M | €5.14M | €3.13M | €4.03M | €3.24M | ▼ 19.5% |
| Equity10/15 | €3.00M | €2.28M | €1.77M | €1.20M | €1.85M | ▲ 54.3% |
| Contributions10/11 | €889k | €889k | €889k | €889k | €889k | = |
| Reserves13 | €2.11M | €1.39M | €883k | €309k | €960k | ▲ 210% |
| Non-distributable reserves130/1 | €4k | €4k | - | - | - | - |
| Reserves not available under the articles1311 | €4k | €4k | - | - | - | - |
| Distributable reserves133 | €2.10M | €1.39M | €883k | €309k | €960k | ▲ 210% |
| Provisions and deferred taxes16 | - | - | - | €75k | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €75k | - | - |
| Other liabilities and charges164/5 | - | - | - | €75k | - | - |
| Amounts payable17/49 | €757k | €2.86M | €1.36M | €2.75M | €1.40M | ▼ 49.4% |
| Amounts payable after more than one year17 | - | €450 | €450 | €565k | €88k | ▼ 84.5% |
| Other amounts payable178/9 | - | €450 | €450 | €565k | €88k | ▼ 84.5% |
| Amounts payable within one year42/48 | €757k | €2.86M | €1.36M | €2.19M | €1.31M | ▼ 40.3% |
| Financial debts43 | - | €1.31M | €1.31M | €1.31M | €1.31M | = |
| Credit institutions430/8 | - | €1.31M | €1.31M | €1.31M | €1.31M | = |
| Trade debts44 | €950 | €8 | - | €344 | - | - |
| Suppliers440/4 | €950 | €8 | - | €344 | - | - |
| Taxes, remuneration and social security45 | - | €2k | - | - | - | - |
| Taxes450/3 | - | €2k | - | - | - | - |
| Other amounts payable47/48 | €756k | €1.55M | €54k | €882k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.46M | €782k | €-57k | €309k | €651k | ▲ 111% |
| Operating cash flow (approximation) | €2.46M | €782k | €-57k | €309k | €651k | ▲ 111% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €1.02M | €-1.39M | €946k | €-754k | ▼ 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.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €309k
Net result €309k after one loss-making year.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 20 days late
2023
31-12
Financial
Weakest financial yearnet €-57k
Net result drops to €-57k, the lowest in the series; recovery starts the following year.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €2.46M ▲1,372%
Operating result €3.10M, net result €2.46M, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 4.06
Current ratio from 0.96 to 4.06; short-term debt falls from €3.55M to €757k.
31-12
Financial
Equity above €2MEq €3.00M ▲461%
2 profitable years in a row build equity to €3.00M.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €167k
Net result €167k after 2 loss-making years.
Show earlier events
31-12
Financial
Equity above €500kEq €534k ▲45.6%
Equity rises from €367k to €534k.
22-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Knokke-Heist · 1 establishment unit since 1982
Ground area
125 m²
Building footprint
125 m²
Volume, LiDAR
2,439 m³
Parcel 31332E0077/00_000, Flanders · tallest building 26.3 m, ±7 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
KIM
since 19822.020.189.504
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31332E0077/00_000 | Flanders | 125 m² | 1 · 125 m² | 26.3 m · 7 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
Founded15-03-1982
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.