KIM'S CHOCOLATES
ActiveKIM'S CHOCOLATES has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.96M and a net result of €56k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 637 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
60
/ 100
Healthy▼ -33 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-48
Solvency57▼-20
Growth59▼-18
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700k at 30 days acceptable
Liquidity tight (current ratio 1.37 against 1.66 in 2024), and 69.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
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
30.8%
Return on assets
0.1%
Age of the figures
15 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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-12-2025, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 d early
2024
56 d early
2023
39 d early
2022
39 d early
2021
48 d early
2020
38 d early
2019
49 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€114.06M▲ 9.2%
2024 · €104.48M
2019: €57.79M
2020: €71.00M
2021: €79.34M
2022: €78.00M
2023: €86.16M
2024: €104.48M
2019 → 2025
EBIT margin
0.7%▼ 4.7pp
2024 · 5.4%
2019: 4.2%
2020: 5.5%
2021: 8.5%
2022: 7.3%
2023: 5.3%
2024: 5.4%
2019 → 2025
Net result
€56k▼ 98.7%
2024 · €4.16M
2019: €1.50M
2020: €2.32M
2021: €4.94M
2022: €3.93M
2023: €3.53M
2024: €4.16M
2019 → 2025
Working capital
€9.33M▼ 20.7%
2024 · €11.76M
2019: €5.69M
2020: €7.36M
2021: €10.42M
2022: €10.95M
2023: €12.85M
2024: €11.76M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€79.34M-€78.00M▼ 1.7%€86.16M▲ 10.5%€104.48M▲ 21.3%€114.06M▲ 9.2%
Equity€10.66M-€12.59M▲ 18.1%€16.12M▲ 28.0%€14.07M▼ 12.7%€11.96M▼ 15.0%
Operating result€6.77M-€5.66M▼ 16.4%€4.55M▼ 19.6%€5.63M▲ 24.0%€795k▼ 85.9%
Net result€4.94M-€3.93M▼ 20.4%€3.53M▼ 10.2%€4.16M▲ 17.6%€56k▼ 98.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 86% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €38.77M
Fixed assets
€4.58M▼ 3.4%
Current assets
€34.20M▲ 15.7%
Equity and liabilities €38.77M
Equity
€11.96M▼ 15.0%
Provisions
€3k▼ 51.4%
Debt
€26.81M▲ 32.7%
The debt ratio rises from 59.0% to 69.2%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€2.29M▼
2024 · €7.15M
Cash flow
€1.55M▼
2024 · €5.67M
Solvency
30.8%▼
2024 · 41.0%
Current ratio
1.37▼
2024 · 1.66
Quick ratio
0.76▼
2024 · 1.03
Debt / equity
2.24▲
2024 · 1.44
ROE
0.5%▼
2024 · 29.5%
ROA
0.1%▼
2024 · 12.1%
Interest coverage
2.38▼
2024 · 13.89
Debt
€26.81M▲
2024 · €20.21M
Debt ≤ 1 year
€24.87M▲
2024 · €17.79M
Debt > 1 year
€1.55M▼
2024 · €2.16M
Income taxes
€102k▼
2024 · €1.31M
Staff costs
€11.39M▼
2024 · €11.80M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€34.29M€38.77M▲
Fixed assets21/28€4.73M€4.58M▼
Intangible fixed assets21€190k€274k▲
Tangible fixed assets22/27€4.44M€4.15M▼
Plant, machinery and equipment23€3.01M€2.58M▼
Furniture and vehicles24€457k€716k▲
Leasing and similar rights25€879k€675k▼
Other tangible fixed assets26€98k€183k▲
Financial fixed assets28€103k€151k▲
Affiliated companies280/1-€48k
Amounts receivable281-€48k
Other financial fixed assets284/8€103k€103k▼
Shares284€50k€50k=
Amounts receivable and cash guarantees285/8€53k€53k▼
Current assets29/58€29.55M€34.20M▲
Stocks and contracts in progress3€11.24M€15.28M▲
Stocks30/36€11.24M€15.28M▲
Raw materials and consumables30/31€5.12M€5.72M▲
Work in progress32€271k€771k▲
Finished goods33€5.86M€8.79M▲
Goods purchased for resale34-€2k
Amounts receivable within one year40/41€16.39M€17.28M▲
Trade receivables40€15.50M€16.33M▲
Other amounts receivable41€891k€957k▲
Cash at bank and in hand54/58€1.29M€1.38M▲
Deferred charges and accrued income490/1€627k€258k▼
Equity and liabilities
Total equity and liabilities10/49€34.29M€38.77M▲
Equity10/15€14.07M€11.96M▼
Contributions10/11€1.50M€1.50M=
Capital10€1.50M€1.50M=
Issued capital100€1.50M€1.50M=
Reserves13€12.54M€10.43M▼
Non-distributable reserves130/1€150k€150k=
Legal reserve130€150k€150k=
Tax-exempt reserves132€2.44M€674k▼
Distributable reserves133€9.95M€9.61M▼
Profit (loss) carried forward14-€0
Investment grants15€30k€24k▼
Provisions and deferred taxes16€6k€3k▼
Deferred taxes168€6k€3k▼
Amounts payable17/49€20.21M€26.81M▲
Amounts payable after more than one year17€2.16M€1.55M▼
Financial debts170/4€2.16M€1.55M▼
Subordinated loans170€500k€500k=
Leasing and similar obligations172€79k€36k▼
Credit institutions173€1.58M€1.01M▼
Amounts payable within one year42/48€17.79M€24.87M▲
Current portion of amounts payable after more than one year42€1.52M€1.56M▲
Financial debts43€7.00M€12.00M▲
Credit institutions430/8€7.00M€12.00M▲
Trade debts44€7.73M€9.81M▲
Suppliers440/4€7.73M€9.81M▲
Taxes, remuneration and social security45€1.53M€1.50M▼
Taxes450/3€79k€18k▼
Remuneration and social security454/9€1.45M€1.48M▲
Other amounts payable47/48€3k€4k▲
Accrued charges and deferred income492/3€262k€391k▲
Income statement
Code20242025
Operating income70/76A€108.76M€119.09M▲
Turnover70€104.48M€114.06M▲
Change in stocks of work in progress, finished goods and contracts in progress71€1.24M€3.48M▲
Other operating income74€3.03M€1.05M▼
Non-recurring operating income76A€1k€505k▲
Operating charges60/66A€103.12M€118.30M▲
Goods for resale, raw materials and consumables60€80.54M€95.17M▲
Purchases600/8€80.38M€95.77M▲
Change in stocks: decrease (increase)609€167k€-600k▼
Services and other goods61€9.20M€10.17M▲
Remuneration, social security and pensions62€11.80M€11.39M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.52M€1.49M▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€47k
Other operating charges640/8€39k€30k▼
Non-recurring operating charges66A€24k-
Operating profit (loss)9901€5.63M€795k▼
Financial income75/76B€766k€738k▼
Recurring financial income75€766k€738k▼
Income from current assets751€2k€1k▼
Other financial income752/9€763k€736k▼
Financial charges65/66B€938k€1.38M▲
Recurring financial charges65€938k€1.38M▲
Debt charges650€515k€963k▲
Other financial charges652/9€424k€415k▼
Profit (loss) for the period before taxes9903€5.46M€155k▼
Transfer from deferred taxes780€3k€3k=
Income taxes67/77€1.31M€102k▼
Taxes670/3€1.31M€102k▼
Profit (loss) for the period9904€4.16M€56k▼
Transfer from tax-exempt reserves789€47k€131k▲
Transfer to tax-exempt reserves689€79k-
Profit (loss) for the period to be appropriated9905€4.13M€187k▼
Appropriation of the result
Profit (loss) to be appropriated9906€4.13M€187k▼
Transfer from equity791/2€6.20M€2.16M▼
From reserves792€6.20M€2.16M▼
Transfer to equity691/2€4.13M€187k▼
To other reserves6921€4.13M€187k▼
Profit to be distributed694/7€6.20M€2.16M▼
Return on contributions (dividend)694€6.20M€2.16M▼
Social balance
Average headcount (FTE)9087163.4160.2▼
The notes to these accounts (81 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
05-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
30-06
Financial
Weakest financial yearnet €56k ▼98.7%
Net result drops to €56k, the lowest in the series.
2024
06-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
23-12
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
30-06
Financial
Highest result since 2019net €4.94M ▲113%
Operating result €6.77M, net result €4.94M, both a record.
30-06
Financial
Equity above €10MEq €10.66M ▲47.6%
3 profitable years in a row build equity to €10.66M.
2020
24-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Equity above €5MEq €7.22M ▲47.3%
2 profitable years in a row build equity to €7.22M.
2019
13-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
13-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
06-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
12-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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, Tienen · 1 establishment unit since 2003
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.
Grijpenlaan 113300 TienenGround area
3.1 ha
Building footprint
1.4 ha
Volume, LiDAR
106,991 m³
Parcel 24592F0056/00X000, Flanders · tallest building 16.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Grijpenlaan 11, 3300 Tienen
since 20032.127.163.478
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24592F0056/00X000 | Flanders | 3.1 ha | 1 · 1.4 ha | 16.9 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 10 entries · 198,477 EUR awarded · 198,477 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 14,390 EUR | 14,390 EUR |
| 2024 | 2 | 25,004 EUR | 25,004 EUR |
| 2023 | 4 | 138,807 EUR | 138,807 EUR |
| 2022 | 2 | 20,276 EUR | 20,276 EUR |
Schemes
Subsidies voor internationaal ondernemen
Vlaams opleidingsverlof (VOV)
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Stagebonus (stopgezet)
Recognitions · licences · registrations
Food safety, FASFC
1 siteTienen2.127.163.478
Dual-learning approval
4 live approvalsChocoladebewerker (vwo)
Chocolatier duaal (so)
Elektrotechnicus (vwo)
Elektrotechnicus duaal (so)
Legal Entity Identifier
5493008M72PKRL8Z4033
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NATRA MALLE
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Of 723 companies in sector 10820 we hold annual accounts for 350. 76 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded09-04-2003
Fiscal year end30-06
Activities, NACEBEL
10820Manufacture of cocoa, chocolate and sugar confectionery
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:016 55 15 80