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KIMO

Active
Public limited companyfounded 1988active for 38 yearsLuitenant Freddy Wampachstraat 22, 1200 Sint-Lambrechts-Woluwe, BelgiumKBO/BCE: BE 0435.309.967
Summary

The computed 12-month bankruptcy probability of KIMO is 2.6% (moderate). The 2024 annual accounts show equity of €215,729 and a net result of €12,516. Equity is growing by about 8.8% per year across the filed financial years. The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, full format

2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 17 October 2026.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€12,516▼ 8.2%
2023 · €13,639
Working capital
€173,841▲ 8.3%
2023 · €160,489
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result has fallen two years in a row; 2024 is 7% below 2023 and is the lowest 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€17,651 2024 Net result€12,516 2024

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

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Operating result€15,479-€25,625▲ 65.5%€22,107▼ 13.7%€19,352▼ 12.5%€22,468▲ 16.1%€19,008▼ 15.4%€17,651▼ 7.1%
Net result€9,737-€17,399▲ 78.7%€15,672▼ 9.9%€14,045▼ 10.4%€17,306▲ 23.2%€13,639▼ 21.2%€12,516▼ 8.2%
Equity€125,152-€142,551▲ 13.9%€158,223▲ 11.0%€172,268▲ 8.9%€189,574▲ 10.0%€203,213▲ 7.2%€215,729▲ 6.2%
Total assets€140,732-€163,944▲ 16.5%€179,739▲ 9.6%€189,923▲ 5.7%€212,344▲ 11.8%€228,015▲ 7.4%€258,441▲ 13.3%
Debt€15,580-€21,393▲ 37.3%€21,516▲ 0.6%€17,655▼ 17.9%€22,770▲ 29.0%€24,802▲ 8.9%€42,712▲ 72.2%
Working capital€81,645-€99,471▲ 21.8%€116,218▲ 16.8%€127,706▲ 9.9%€145,960▲ 14.3%€160,489▲ 10.0%€173,841▲ 8.3%
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €258,441
Fixed assets €41,888 ▼ 2.0%
Current assets €216,553 ▲ 16.9%
Equity and liabilities €258,441
Equity €215,729 ▲ 6.2%
Debt €42,712 ▲ 72.2%
Debt's share of the balance-sheet total rises from 10.9% to 16.5%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€18,487▼
2023 · €19,898
Cash flow
€13,352▼
2023 · €14,529
Current ratio
5.07▼
2023 · 7.47
Debt to equity
0.20▲
2023 · 0.12
ROE
5.8%▼
2023 · 6.7%
ROA
4.8%▼
2023 · 6.0%
Interest coverage
50.65▲
2023 · 49.25
Debt ≤ 1 year
€42,712▲
2023 · €24,802
Income taxes
€5,061▲
2023 · €4,965
Staff costs
€9,501▲
2023 · €8,020
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94.4% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 17,042 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 · 2024 against 2023 · 38 lines
Balance sheet Code20232024
Assets
Total assets20/58€228,015€258,441▲
Fixed assets21/28€42,724€41,888▼
Tangible fixed assets22/27€42,724€41,888▼
Land and buildings22€42,724€41,888▼
Current assets29/58€185,291€216,553▲
Amounts receivable within one year40/41€138,748€100,000▼
Trade receivables40€98,562-
Other amounts receivable41€40,186€100,000▲
Current investments50/53-€40,391
Cash at bank and in hand54/58€46,543€76,162▲
Equity and liabilities
Total equity and liabilities10/49€228,015€258,441▲
Equity10/15€203,213€215,729▲
Contributions10/11€30,987€30,987=
Capital10€30,987€30,987=
Issued capital100€30,987€30,987=
Profit (loss) carried forward14€172,226€184,742▲
Amounts payable17/49€24,802€42,712▲
Amounts payable within one year42/48€24,802€42,712▲
Trade debts44€10,360€29,491▲
Suppliers440/4€10,360€29,491▲
Taxes, remuneration and social security45€10,877€9,656▼
Taxes450/3€10,877€9,656▼
Other amounts payable47/48€3,565€3,565=
Income statement Code20232024
Remuneration, social security and pensions62€8,020€9,501▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€890€836▼
Other operating charges640/8€4,125€4,152▲
Gross operating margin9900€32,043€32,140▲
Operating profit (loss)9901€19,008€17,651▼
Financial income75/76B-€291
Recurring financial income75-€291
Financial charges65/66B€404€365▼
Recurring financial charges65€404€365▼
Profit (loss) for the period before taxes9903€18,604€17,577▼
Income taxes67/77€4,965€5,061▲
Profit (loss) for the period9904€13,639€12,516▼
Profit (loss) for the period to be appropriated9905€13,639€12,516▼
Appropriation of the result
Profit (loss) to be appropriated9906€172,226€184,742▲
Profit (loss) brought forward from the previous period14P€158,587€172,226▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Remuneration, social security and pensions62----€2,722€8,020€9,501▲ 18.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,217€1,142€1,074€1,008€948€890€836▼ 6.1%
Other operating charges640/8--€2,784€6,540€3,546€4,125€4,152▲ 0.7%
Gross operating margin9900€20,732€27,115€25,965€26,900€29,684€32,043€32,140▲ 0.3%
Operating profit (loss)9901€15,479€25,625€22,107€19,352€22,468€19,008€17,651▼ 7.1%
Financial income75/76B--€44€45--€291-
Recurring financial income75--€44€45--€291-
Financial charges65/66B--€210€240€316€404€365▼ 9.7%
Recurring financial charges65€197€197€210€240€316€404€365▼ 9.7%
Profit (loss) for the period before taxes9903€15,282€25,428€21,941€19,157€22,152€18,604€17,577▼ 5.5%
Income taxes67/77€5,545€8,029€6,269€5,112€4,846€4,965€5,061▲ 1.9%
Profit (loss) for the period9904€9,737€17,399€15,672€14,045€17,306€13,639€12,516▼ 8.2%
Profit (loss) for the period to be appropriated9905€9,737€17,399€15,672€14,045€17,306€13,639€12,516▼ 8.2%
Line2018201920202021202220232024Change
Assets
Total assets20/58€140,732€163,944€179,739€189,923€212,344€228,015€258,441▲ 13.3%
Fixed assets21/28€47,786€46,644€45,570€44,562€43,614€42,724€41,888▼ 2.0%
Tangible fixed assets22/27€47,786€46,644€45,570€44,562€43,614€42,724€41,888▼ 2.0%
Land and buildings22--€45,570€44,562€43,614€42,724€41,888▼ 2.0%
Current assets29/58€92,946€117,300€134,169€145,361€168,730€185,291€216,553▲ 16.9%
Amounts receivable within one year40/41€44,100€43,950€37,900€37,900€78,562€138,748€100,000▼ 27.9%
Trade receivables40-----€98,562--
Other amounts receivable41--€37,900€37,900€78,562€40,186€100,000▲ 149%
Current investments50/53------€40,391-
Cash at bank and in hand54/58€48,846€73,350€96,269€107,461€90,168€46,543€76,162▲ 63.6%
Equity and liabilities
Total equity and liabilities10/49€140,732€163,944€179,739€189,923€212,344€228,015€258,441▲ 13.3%
Equity10/15€125,152€142,551€158,223€172,268€189,574€203,213€215,729▲ 6.2%
Contributions10/11€30,987€30,987€30,987€30,987€30,987€30,987€30,987=
Capital10--€30,987€30,987€30,987€30,987€30,987=
Issued capital100--€30,987€30,987€30,987€30,987€30,987=
Profit (loss) carried forward14€94,165€111,564€127,236€141,281€158,587€172,226€184,742▲ 7.3%
Amounts payable17/49€15,580€21,393€21,516€17,655€22,770€24,802€42,712▲ 72.2%
Amounts payable after more than one year17€4,279€3,564€3,565-----
Other amounts payable178/9--€3,565-----
Amounts payable within one year42/48€11,301€17,829€17,951€17,655€22,770€24,802€42,712▲ 72.2%
Trade debts44€957€4,308€2,994€2,057€8,181€10,360€29,491▲ 185%
Suppliers440/4--€2,994€2,057€8,181€10,360€29,491▲ 185%
Taxes, remuneration and social security45--€14,957€12,033€11,024€10,877€9,656▼ 11.2%
Taxes450/3--€14,957€12,033€11,024€10,877€9,656▼ 11.2%
Other amounts payable47/48---€3,565€3,565€3,565€3,565=
Line2018201920202021202220232024Change
Profit (loss) for the period9904€9,737€17,399€15,672€14,045€17,306€13,639€12,516▼ 8.2%
+ Depreciation and write-downs630€1,217€1,142€1,074€1,008€948€890€836▼ 6.1%
Operating cash flow (approximation)€10,954€18,541€16,746€15,053€18,254€14,529€13,352▼ 8.1%
Investment in fixed assets (approximation)-€0€0€0€0€0€0-
Change in cash-€24,504€22,919€11,192-€17,293-€43,625€29,619-

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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Latest 10 of 36 filings with the National Bank
Financial year Type Filed Reference
31-12-2024 full format 01-12-2025 2025-00574357
31-12-2023 full format 14-01-2025 2025-00005179
31-12-2022 micro format 06-12-2023 2023-00523241
31-12-2021 micro format 16-09-2022 2022-20430224
31-12-2020 full format 12-09-2022 2022-20427438
31-12-2019 full format 10-05-2021 2021-13700333
31-12-2018 full format 29-06-2020 2020-22000209
31-12-2017 full format 26-06-2020 2020-21200186
31-12-2016 full format 27-06-2017 2017-22300430
31-12-2015 full format 31-03-2017 2017-08300464

Show all 36 filings

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