KIM
ActiveSummary
The computed 12-month bankruptcy probability of KIM is 1.7% (moderate). The 2024 annual accounts show equity of €90k and a net result of €28k. Equity is growing by ~10.3% per year across the filed fiscal years. Its solvency ranks better than 89% of 727 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 3.51 against 4.05 in 2023; short-term debt: 22.2% and cash: 64.8% of total assets), and 22.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Sector 53
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
27 d early
2022
17 d early
2021
34 d early
2020
31 d early
2019
14 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€90k▲ 11.5%
2023 · €80k
2018: €50k
2019: €44k
2020: €80k
2021: €60k
2022: €57k
2023: €80k
2018 → 2024
Total assets
€115k▲ 13.1%
2023 · €102k
2018: €91k
2019: €113k
2020: €129k
2021: €115k
2022: €104k
2023: €102k
2018 → 2024
Net result
€28k▲ 19.8%
2023 · €24k
2018: €20k
2019: €-6k
2020: €36k
2021: €-1k
2022: €-21k
2023: €24k
2018 → 2024
Working capital
€64k▼ 2.0%
2023 · €65k
2018: €48k
2019: €41k
2020: €69k
2021: €45k
2022: €44k
2023: €65k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€80k-€60k▼ 24.7%€57k▼ 5.4%€80k▲ 41.7%€90k▲ 11.5%
Operating result€45k-€3k▼ 94.4%€-19k€29k€42k▲ 48.0%
Net result€36k-€-1k€-21k▼ 1,360%€24k€28k▲ 19.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 48% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €115k
Fixed assets
€25k ▲ 70.9%
Current assets
€90k ▲ 3.1%
Equity and liabilities €115k
Equity
€90k ▲ 11.5%
Debt
€25k ▲ 19.0%
Debt's share of the balance-sheet total rises from 21.1% to 22.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€44k▲
2023 · €31k
Cash flow
€30k▲
2023 · €26k
Current ratio
3.51▼
2023 · 4.05
Debt to equity
0.28▲
2023 · 0.27
ROE
31.6%▲
2023 · 29.4%
ROA
24.6%▲
2023 · 23.2%
Interest coverage
74.67▲
2023 · 30.99
Debt ≤ 1 year
€25k▲
2023 · €21k
Income taxes
€14k▲
2023 · €4k
Staff costs
€88k▲
2023 · €83k
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 · 2024 against 2023 · 58 lines
Balance sheet
Code20232024
Assets
Total assets20/58€102k€115k▲
Fixed assets21/28€15k€25k▲
Tangible fixed assets22/27€9k€20k▲
Land and buildings22€3k€7k▲
Plant, machinery and equipment23€1k€11k▲
Furniture and vehicles24€975€2k▲
Other tangible fixed assets26€4k-
Financial fixed assets28€6k€6k▼
Current assets29/58€87k€90k▲
Amounts receivable after more than one year29-€5k
Other amounts receivable291-€5k
Stocks and contracts in progress3€4k-
Contracts in progress37€4k-
Amounts receivable within one year40/41€17k€6k▼
Trade receivables40€13k€5k▼
Other amounts receivable41€4k€755▼
Cash at bank and in hand54/58€66k€75k▲
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€102k€115k▲
Equity10/15€80k€90k▲
Contributions10/11€20k€11k▼
Capital10€20k-
Issued capital100€20k-
Reserves13€60k€78k▲
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Other1319-€2k
Distributable reserves133€58k€76k▲
Amounts payable17/49€21k€25k▲
Amounts payable within one year42/48€21k€25k▲
Current portion of amounts payable after more than one year42€412-
Trade debts44€3k€9k▲
Suppliers440/4€3k€9k▲
Advances received on contracts in progress46€4k-
Taxes, remuneration and social security45€13k€15k▲
Taxes450/3€9k€4k▼
Remuneration and social security454/9€5k€12k▲
Other amounts payable47/48€89€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62€83k€88k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€2k€776▼
Non-recurring operating charges66A-€5k
Gross operating margin9900€116k€138k▲
Operating profit (loss)9901€29k€42k▲
Financial income75/76B€254-
Recurring financial income75€254-
Financial charges65/66B€1k€595▼
Recurring financial charges65€1k€595▼
Profit (loss) for the period before taxes9903€28k€42k▲
Income taxes67/77€4k€14k▲
Profit (loss) for the period9904€24k€28k▲
Profit (loss) for the period to be appropriated9905€24k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€28k▲
Transfer from equity791/2-€10k
Transfer to equity691/2€24k€28k▲
To other reserves6921€24k€28k▲
Profit to be distributed694/7-€10k
Return on contributions (dividend)694-€10k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 4.05
Current ratio from 1.91 to 4.05; short-term debt falls from €48k to €21k.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Tongeren-Borgloon · 1 establishment unit since 2005
Ground area
359 m²
Building footprint
89 m²
Volume, LiDAR
642 m³
Parcel 73009B0445/00N006, Flanders · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KIM
since 20052.148.218.913
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73009B0445/00N006 | Flanders | 359 m² | 1 · 89 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
IVM-Transport
BE 0717.591.647
Maaseik · Eq €89,799
SEN GROUP
BE 0765.376.520
Gent · Eq €89,168
ABC NAVETTE
BE 0681.917.126
Menen · Eq €88,712
HS TRANS
BE 0742.542.126
Antwerpen · Eq €88,585
GROUP AMS
BE 0735.976.513
Brussel · Eq €90,705
Of 4,906 companies in sector 53200 we hold annual accounts for 1,322. 1,047 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-07-2005
Fiscal year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
47120Other non-specialised retail sale
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.