KINBO
ActiveSummary
KINBO has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.1m and a net result of €25,167. Equity is growing by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 67% of 8112 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability35▲+35
Solvency96▲+5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180,000 at 30 days only on tighter terms
Liquidity ample (current ratio 6.56 against 4.36 in 2023; short-term debt: 10.6% and cash: 14.9% of total assets), and 28.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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 2024Solvency, return and age of the figures
Solvency
71.4%
Return on assets
0.6%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-03-2026, 221 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
221 d late
2023
586 d late
2022
30 d late
2021
1317 d late
2020
143 d late
2019
125 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 404 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€3.1m▲ 0.8%
2023 · €3.1m
Total assets
€4.4m▼ 6.8%
2023 · €4.7m
Net result
€25,167
2023 · -€706,311
Working capital
€2.6m▲ 14.5%
2023 · €2.3m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€39,654€84,161▲ 112%-€8,445-€69,475▼ 723%-€88,529▼ 27.4%
Net result€121,138above the sector's middle half€104,086within the sector's middle half▼ 14.1%€2.3mabove the sector's middle half▲ 2,117%-€706,311below the sector's middle half€25,167within the sector's middle half
Equity€1.4mabove the sector's middle half▲ 9.5%€1.5mabove the sector's middle half▲ 7.5%€3.8mabove the sector's middle half▲ 154%€3.1mabove the sector's middle half▼ 18.6%€3.1mabove the sector's middle half▲ 0.8%
Total assets€3.3mabove the sector's middle half▲ 8.6%€3.4mabove the sector's middle half▲ 5.3%€6.0mabove the sector's middle half▲ 74.8%€4.7mabove the sector's middle half▼ 22.0%€4.4mabove the sector's middle half▼ 6.8%
Debt€1.6m▲ 11.0%€1.7m▲ 5.8%€2.0m▲ 16.7%€1.4m▼ 29.2%€1.1m▼ 22.1%
Working capital€162,968within the sector's middle half▲ 22.3%€175,222within the sector's middle half▲ 7.5%€2.4mabove the sector's middle half▲ 1,267%€2.3mabove the sector's middle half▼ 6.1%€2.6mabove the sector's middle half▲ 14.5%
Solvency42.6%within the sector's middle half▲ 0.4pp43.5%within the sector's middle half▲ 0.9pp63.3%within the sector's middle half▲ 19.8pp66.1%within the sector's middle half▲ 2.8pp71.4%within the sector's middle half▲ 5.4pp
Current ratio1.16within the sector's middle half▼ 0.031.13within the sector's middle half▼ 0.022.37within the sector's middle half▲ 1.234.36above the sector's middle half▲ 1.996.56above the sector's middle half▲ 2.20
Return on assets (ROA)3.7%within the sector's middle half▲ 4.9pp3.0%within the sector's middle half▼ 0.7pp38.4%above the sector's middle half▲ 35.4pp-15.1%below the sector's middle half▼ 53.5pp0.6%within the sector's middle half▲ 15.6pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €88,529 in 2024 against €69,475 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.4m
Fixed assets
€1.3m ▼ 24.7%
Current assets
€3.0m ▲ 4.0%
Equity and liabilities €4.4m
Equity
€3.1m ▲ 0.8%
Provisions
€129,115 ▼ 16.7%
Debt
€1.1m ▼ 22.1%
Debt's share of the balance-sheet total falls from 30.6% to 25.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€6,303▼
2023 · €27,263
Cash flow
€120,000▲
2023 · -€609,573
Debt to equity
0.36▼
2023 · 0.46
ROE
0.8%▲
2023 · -22.8%
Interest coverage
1.88▲
2023 · 0.04
Debt ≤ 1 year
€463,262▼
2023 · €670,410
Income taxes
€1,978▼
2023 · €100,405
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
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 497,338 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% | 1.9% |
| 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 14,732 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €99,026 | €98,331 | €96,737 | €96,737 | €94,833 | ▼ 2.0% |
| Other operating charges640/8 | - | €99,038 | €182,469 | €10,076 | €9,671 | ▼ 4.0% |
| Gross operating margin9900 | €191,563 | €281,530 | €270,761 | €37,339 | €15,974 | ▼ 57.2% |
| Operating profit (loss)9901 | €39,654 | €84,161 | -€8,445 | -€69,475 | -€88,529 | ▼ 27.4% |
| Financial income75/76B | - | €72,378 | €2.6m | €102,915 | €162,491 | ▲ 57.9% |
| Recurring financial income75 | €81,911 | €72,378 | €2.6m | €102,915 | €162,491 | ▲ 57.9% |
| Financial charges65/66B | - | €17,136 | €9,239 | €665,228 | €72,699 | ▼ 89.1% |
| Recurring financial charges65 | €26,309 | €17,136 | €9,239 | €665,228 | €3,361 | ▼ 99.5% |
| Non-recurring financial charges66B | - | - | - | - | €69,339 | - |
| Profit (loss) for the period before taxes9903 | €95,256 | €139,403 | €2.6m | -€631,788 | €1,262 | ▲ 100% |
| Transfer from deferred taxes780 | - | €25,883 | €25,883 | €25,883 | €25,883 | = |
| Income taxes67/77 | - | €61,200 | €305,006 | €100,405 | €1,978 | ▼ 98.0% |
| Profit (loss) for the period9904 | €121,138 | €104,086 | €2.3m | -€706,311 | €25,167 | ▲ 104% |
| Profit (loss) for the period to be appropriated9905 | €121,138 | €104,086 | €2.3m | -€706,311 | €25,167 | ▲ 104% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.3m | €3.4m | €6.0m | €4.7m | €4.4m | ▼ 6.8% |
| Fixed assets21/28 | €2.1m | €2.0m | €1.9m | €1.8m | €1.3m | ▼ 24.7% |
| Tangible fixed assets22/27 | €2.1m | €2.0m | €1.9m | €1.8m | €1.3m | ▼ 24.6% |
| Land and buildings22 | - | €1.6m | €1.5m | €1.4m | €1.3m | ▼ 6.7% |
| Furniture and vehicles24 | - | €340,000 | €340,000 | €340,000 | - | - |
| Financial fixed assets28 | €6,138 | €6,138 | €830 | €830 | - | - |
| Current assets29/58 | €1.2m | €1.5m | €4.1m | €2.9m | €3.0m | ▲ 4.0% |
| Amounts receivable within one year40/41 | €1.2m | €1.5m | €1.9m | €2.2m | €2.4m | ▲ 10.8% |
| Trade receivables40 | - | €39,753 | €89,655 | €10,103 | - | - |
| Other amounts receivable41 | - | €1.4m | €1.8m | €2.1m | €2.4m | ▲ 11.3% |
| Cash at bank and in hand54/58 | €20,670 | €20,730 | €755,710 | €765,888 | €652,050 | ▼ 14.9% |
| Deferred charges and accrued income490/1 | - | €1,500 | €1.5m | €364 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.3m | €3.4m | €6.0m | €4.7m | €4.4m | ▼ 6.8% |
| Equity10/15 | €1.4m | €1.5m | €3.8m | €3.1m | €3.1m | ▲ 0.8% |
| Contributions10/11 | €226,823 | €226,823 | €226,823 | €226,823 | €226,823 | = |
| Capital10 | - | €226,823 | €226,823 | €226,823 | €226,823 | = |
| Issued capital100 | - | €226,823 | €226,823 | €226,823 | €226,823 | = |
| Revaluation surpluses12 | - | €2.6m | €2.6m | €2.6m | €2.6m | = |
| Reserves13 | €134,311 | €134,311 | €1.0m | €1.0m | €1.0m | = |
| Non-distributable reserves130/1 | - | €22,682 | €22,682 | €22,682 | €22,682 | = |
| Legal reserve130 | - | €22,682 | €22,682 | €22,682 | €22,682 | = |
| Tax-exempt reserves132 | - | €41,049 | €41,049 | €41,049 | €41,049 | = |
| Distributable reserves133 | - | €70,581 | €958,392 | €958,392 | €958,392 | = |
| Profit (loss) carried forward14 | -€1.5m | -€1.4m | - | -€706,311 | -€681,143 | ▲ 3.6% |
| Provisions and deferred taxes16 | €232,645 | €206,763 | €180,880 | €154,998 | €129,115 | ▼ 16.7% |
| Deferred taxes168 | - | €206,763 | €180,880 | €154,998 | €129,115 | ▼ 16.7% |
| Amounts payable17/49 | €1.6m | €1.7m | €2.0m | €1.4m | €1.1m | ▼ 22.1% |
| Amounts payable after more than one year17 | €602,400 | €438,120 | €273,840 | €109,560 | - | - |
| Financial debts170/4 | - | €438,120 | €273,840 | €109,560 | - | - |
| Amounts payable within one year42/48 | €1.0m | €1.3m | €1.8m | €670,410 | €463,262 | ▼ 30.9% |
| Current portion of amounts payable after more than one year42 | - | €164,280 | €150,590 | €150,590 | €109,560 | ▼ 27.2% |
| Financial debts43 | - | - | €18,549 | - | - | - |
| Other loans439 | - | - | €18,549 | - | - | - |
| Trade debts44 | €173,296 | €146,057 | €50,078 | €24,561 | €23,232 | ▼ 5.4% |
| Suppliers440/4 | - | €146,057 | €50,078 | €24,561 | €23,232 | ▼ 5.4% |
| Taxes, remuneration and social security45 | - | €82,060 | €366,156 | €221,298 | €58,644 | ▼ 73.5% |
| Taxes450/3 | - | €82,060 | €366,156 | €221,298 | €58,644 | ▼ 73.5% |
| Other amounts payable47/48 | - | €906,759 | €1.2m | €273,961 | €271,826 | ▼ 0.8% |
| Accrued charges and deferred income492/3 | - | - | €750 | €655,189 | €655,189 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €121,138 | €104,086 | €2.3m | -€706,311 | €25,167 | ▲ 104% |
| + Depreciation and write-downs630 | €99,026 | €98,331 | €96,737 | €96,737 | €94,833 | ▼ 2.0% |
| Operating cash flow (approximation) | €220,165 | €202,416 | €2.4m | -€609,573 | €120,000 | ▲ 120% |
| Investment in fixed assets (approximation) | - | €0 | €5,308 | €0 | €340,830 | - |
| Change in cash | - | €60 | €734,980 | €10,178 | -€113,839 | ▼ 1,218% |
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
2026
09-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 221 days late
09-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 586 days late
09-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 1317 days late
2024
31-12
Financial
Back to profitnet €25,167
Net result €25,167 after one loss-making year.
2023
31-12
Financial
Weakest financial yearnet -€706,311
Net result drops to -€706,311, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Highest result since 2018net €2.3m ▲2,117%
Net result €2.3m, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 2.37
Current ratio from 1.13 to 2.37.
31-12
Financial
Equity above €2mEq €3.8m ▲154%
3 profitable years in a row build equity to €3.8m.
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 143 days late
2020
31-12
Financial
Back to profitnet €121,138
Net result €121,138 after one loss-making year.
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 125 days late
Show earlier events
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 5 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
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 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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Directors · office · real estate
Directors
5 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, Brasschaat · 1 establishment unit since 1986
Ground area
1.1 ha
Building footprint
580 m²
Volume, LiDAR
3,674 m³
Parcel 11322E0191/00G002, Flanders · tallest building 19.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KINBO NV
since 19862.102.604.761
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11322E0191/00G002 | Flanders | 1.1 ha | 1 · 580 m² | 19.5 m · 2 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.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2021 list no shareholders, and no other source names one.
Holdings 1
-
99%
According to the 2021 annual accounts of KINBO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,623. 15,466 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded20-03-1986
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0428746235
Also
9925:BE0428746235
Registered
19-05-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.