KIMATEX
ActiveSummary
KIMATEX has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €335,430 and a net result of €71,449. Equity is growing by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 43% of 14462 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
What they do
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
#8 oldest company in Kruisem, Real estate sector1 site
How big
€1.6mtotal assets 2025
- Equity
- €335,430
- Profit
- €71,449
Turnover not published (abridged schema)
Who decides
Accounts 100 d early0 of 5 deeds read
Why 65+ Lower-failure-rate sector+ Long track record+ Lower-risk legal form+ Annual accounts: healthy financial profileLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+66
Solvency46▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity short (current ratio 0.7 against 0.53 in 2024; short-term debt: 54.3% and cash: 4.6% of total assets), and 78.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
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
21.3%
Return on assets
4.5%
Age of the figures
15 mo
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 23-10-2025, 100 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
100 d early
2024
23 d early
2023
7 d early
2022
46 d early
2021
on the day
2020
3 d early
2019
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 28 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 8 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €71,449
- Annual accounts filedfiscal year 2024 · micro…
Financials · fiscal year 2025, micro schema
In the rankings
#8 oldest company in Kruisem, Real estate sector
Equity
€335,430▲ 27.1%
2024 · €263,981
Total assets
€1.6m▲ 10.5%
2024 · €1.4m
Net result
€71,449
2024 · -€122,383
Working capital
-€257,876▲ 24.6%
2024 · -€342,121
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. 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 fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€0.2m€0.2m▼ 1.3%€0.07m▼ 56.1%-€0.1m€0.09m
Net result€0.1mabove the sector's middle half▲ 8,748%€0.1mabove the sector's middle half▼ 9.5%€0.04mabove the sector's middle half▼ 61.0%-€0.1mbelow the sector's middle half€0.07mabove the sector's middle half
Equity€0.2mwithin the sector's middle half▲ 126%€0.3mabove the sector's middle half▲ 50.4%€0.4mabove the sector's middle half▲ 13.1%€0.3mwithin the sector's middle half▼ 31.7%€0.3mabove the sector's middle half▲ 27.1%
Total assets€0.6mwithin the sector's middle half▲ 21.6%€0.5mwithin the sector's middle half▼ 19.0%€1.5mabove the sector's middle half▲ 216%€1.4mabove the sector's middle half▼ 6.6%€1.6mabove the sector's middle half▲ 10.5%
Debt€0.4m▼ 5.5%€0.1m▼ 61.9%€1.1m▲ 713%€1.2m▲ 1.9%€1.2m▲ 6.8%
Working capital€0.2mabove the sector's middle half▲ 45.7%€0.3mabove the sector's middle half▲ 40.8%€0.1mabove the sector's middle half▼ 56.0%-€0.3mbelow the sector's middle half-€0.3mbelow the sector's middle half▲ 24.6%
Solvency38.2%within the sector's middle half▲ 17.7pp71.0%above the sector's middle half▲ 32.7pp25.4%within the sector's middle half▼ 45.6pp18.6%within the sector's middle half▼ 6.8pp21.3%within the sector's middle half▲ 2.8pp
Current ratio1.79within the sector's middle half▲ 0.155.57above the sector's middle half▲ 3.771.23within the sector's middle half▼ 4.340.53within the sector's middle half▼ 0.700.70within the sector's middle half▲ 0.17
Return on assets (ROA)21.3%above the sector's middle half▲ 21.0pp23.8%above the sector's middle half▲ 2.5pp2.9%within the sector's middle half▼ 20.8pp-8.6%below the sector's middle half▼ 11.5pp4.5%within the sector's middle half▲ 13.2pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, 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 returns to profit in 2025: €92,140 after a loss of €103,735 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€975,976 ▼ 5.9%
Current assets
€595,478 ▲ 54.8%
Equity and liabilities €1.6m
Equity
€335,430 ▲ 27.1%
Debt
€1.2m ▲ 6.8%
Debt's share of the balance-sheet total falls from 81.4% to 78.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€174,093▲
2024 · -€24,108
Cash flow
€153,403▲
2024 · -€42,756
Quick ratio
0.44▲
2024 · 0.31
Debt to equity
3.68▼
2024 · 4.39
ROE
21.3%▲
2024 · -46.4%
Interest coverage
8.55▲
2024 · -1.12
Debt ≤ 1 year
€853,355▲
2024 · €726,918
Debt > 1 year
€376,213▼
2024 · €424,954
Income taxes
€332▼
2024 · €335
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 4,681 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
1.9%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,341 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 4,681 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €15,429 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €39,644 | €79,627 | €81,953 | ▲ 2.9% |
| Other operating charges640/8 | - | €8,048 | €9,842 | €10,452 | €10,743 | ▲ 2.8% |
| Gross operating margin9900 | €172,827 | €170,473 | €120,867 | -€13,656 | €184,836 | ▲ 1,453% |
| Operating profit (loss)9901 | €164,562 | €162,425 | €71,382 | -€103,735 | €92,140 | ▲ 189% |
| Financial income75/76B | - | €12,561 | €9,514 | €3,298 | €0 | ▼ 100% |
| Recurring financial income75 | €15,631 | €12,561 | €9,514 | €3,298 | €0 | ▼ 100% |
| Financial charges65/66B | - | €7,108 | €20,098 | €21,611 | €20,358 | ▼ 5.8% |
| Recurring financial charges65 | €10,119 | €7,108 | €20,098 | €21,611 | €20,358 | ▼ 5.8% |
| Profit (loss) for the period before taxes9903 | €170,074 | €167,877 | €60,798 | -€122,048 | €71,782 | ▲ 159% |
| Income taxes67/77 | €43,513 | €53,395 | €16,117 | €335 | €332 | ▼ 0.7% |
| Profit (loss) for the period9904 | €126,561 | €114,482 | €44,681 | -€122,383 | €71,449 | ▲ 158% |
| Transfer to tax-exempt reserves689 | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €63,411 | €114,482 | €44,681 | -€122,383 | €71,449 | ▲ 158% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €0.6m | €0.5m | €1.5m | €1.4m | €1.6m | ▲ 10.5% |
| Fixed assets21/28 | €0.1m | €0.1m | €0.8m | €1.0m | €1.0m | ▼ 5.9% |
| Intangible fixed assets21 | - | - | €0.1m | €0.1m | €0.07m | ▼ 28.8% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.7m | €0.9m | €0.9m | ▼ 3.3% |
| Land and buildings22 | - | - | €0.5m | €0.8m | €0.8m | ▼ 0.4% |
| Plant, machinery and equipment23 | - | - | €0.03m | €0.07m | €0.06m | ▼ 11.1% |
| Furniture and vehicles24 | - | - | €0.06m | €0.1m | €0.09m | ▼ 18.7% |
| Other tangible fixed assets26 | - | €0.1m | €0.1m | €0 | - | - |
| Current assets29/58 | €0.5m | €0.4m | €0.7m | €0.4m | €0.6m | ▲ 54.8% |
| Amounts receivable after more than one year29 | - | €0.04m | €0 | - | - | - |
| Trade receivables290 | - | €0.04m | €0 | - | - | - |
| Stocks and contracts in progress3 | - | - | €0.3m | €0.2m | €0.2m | ▲ 35.8% |
| Stocks30/36 | - | - | €0.3m | €0.2m | €0.2m | ▲ 35.8% |
| Amounts receivable within one year40/41 | €0.09m | €0.1m | €0.2m | €0.02m | €0.3m | ▲ 1,516% |
| Trade receivables40 | - | €0.1m | €0.2m | €0.01m | €0.3m | ▲ 3,023% |
| Other amounts receivable41 | - | €8 | €0.04m | €0.009m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €0.3m | €0.2m | €0.1m | €0.2m | €0.07m | ▼ 63.4% |
| Deferred charges and accrued income490/1 | - | €0.002m | €0.004m | €0.008m | €0.001m | ▼ 87.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €0.6m | €0.5m | €1.5m | €1.4m | €1.6m | ▲ 10.5% |
| Equity10/15 | €0.2m | €0.3m | €0.4m | €0.3m | €0.3m | ▲ 27.1% |
| Contributions10/11 | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Capital10 | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Issued capital100 | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Reserves13 | €0.2m | €0.3m | €0.3m | €0.2m | €0.3m | ▲ 19.7% |
| Non-distributable reserves130/1 | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Legal reserve130 | - | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Tax-exempt reserves132 | - | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Distributable reserves133 | - | €0.2m | €0.3m | €0.2m | €0.2m | ▲ 28.2% |
| Profit (loss) carried forward14 | - | - | - | -€0.03m | €0 | ▲ 100% |
| Amounts payable17/49 | €0.4m | €0.1m | €1.1m | €1.2m | €1.2m | ▲ 6.8% |
| Amounts payable after more than one year17 | €0.1m | €0.06m | €0.6m | €0.4m | €0.4m | ▼ 11.5% |
| Financial debts170/4 | - | €0.06m | €0.6m | €0.4m | €0.4m | ▼ 11.5% |
| Amounts payable within one year42/48 | €0.3m | €0.06m | €0.6m | €0.7m | €0.9m | ▲ 17.4% |
| Current portion of amounts payable after more than one year42 | - | €0.03m | €0.07m | €0.05m | €0.05m | ▲ 2.7% |
| Financial debts43 | - | - | - | €0.001m | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €0.001m | €0 | ▼ 100% |
| Trade debts44 | €0.001m | €0.001m | €0.06m | €0.006m | €0.002m | ▼ 59.5% |
| Suppliers440/4 | - | €0.001m | €0.06m | €0.006m | €0.002m | ▼ 59.5% |
| Taxes, remuneration and social security45 | - | €0.02m | €0.02m | €0.001m | €0.03m | ▲ 3,932% |
| Taxes450/3 | - | €0.02m | €0.02m | €0.001m | €0.03m | ▲ 3,932% |
| Other amounts payable47/48 | - | €0.01m | €0.4m | €0.7m | €0.8m | ▲ 15.1% |
| Accrued charges and deferred income492/3 | - | €0.01m | €0.004m | €0.006m | €0.006m | ▲ 12.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €126,561 | €114,482 | €44,681 | -€122,383 | €71,449 | ▲ 158% |
| + Depreciation and write-downs630 | - | - | €39,644 | €79,627 | €81,953 | ▲ 2.9% |
| Operating cash flow (approximation) | €126,561 | €114,482 | €84,324 | -€42,756 | €153,403 | ▲ 459% |
| Investment in fixed assets (approximation) | - | €0 | -€749,380 | -€280,614 | -€21,109 | ▲ 92.5% |
| Change in cash | - | -€50,948 | -€72,534 | €57,019 | -€124,457 | ▼ 318% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 9,150 companies in this sector we hold annual accounts for 6,798. 5,030 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Directors
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
23-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Back to profitnet €71,449
Net result €71,449 after one loss-making year.
08-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet -€122,383
Net result drops to -€122,383, the lowest in the series; recovery starts the following year.
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
16-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Liquidity triplescurrent ratio 5.57
Current ratio from 1.79 to 5.57; short-term debt falls from €260,902 to €63,849.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €126,561 ▲8,748%
Operating result €164,562, net result €126,561, both a record.
30-06
Financial
Equity above €200,000Eq €227,201 ▲126%
3 profitable years in a row build equity to €227,201.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Equity above €100,000Eq €100,640 ▲1.4%
2 profitable years in a row build equity to €100,640.
Show earlier events
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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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Register details
Identification
Legal formPublic limited company
Founded05-09-1991
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0445046292
Also
9925:BE0445046292
Registered
20-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Kruisem · 1 establishment unit since 1993
Ground area
2.3 ha
Building footprint
7,248 m²
Volume, LiDAR
45,860 m³
2 parcels, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KIMATEX NV
since 1993unit no. 2.054.319.448
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45017A1079/00M000 | Flanders | 1.3 ha | 1 · 4,906 m² | 9.6 m · 3 fl. |
| 45017A1081/00E002 | Flanders | 1.0 ha | 1 · 2,342 m² | 8.5 m · 2 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.