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KINEN CONCEPT

Active
Private limited companyfounded 20197 yrs activeAlfred Gironstraat 36, 1050 Elsene, BelgiumKBO/BCE: BE 0733.791.439
Summary

The computed 12-month bankruptcy probability of KINEN CONCEPT is 8.7% (elevated). The 2024 annual accounts show negative equity (-€12,043) and a net result of -€52,381. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 6718 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
KINEN CONCEPTActiveChecked score 14/100
Risk analysis ReportCompare

Overview

What they do
Freight transport by road
NACE 49410Other postal and courier activities NACE 53200
1 site
How big
€117,068total assets 2024
Equity
-€12,043
Loss
-€52,381
Turnover not published (abridged schema)
Financially healthy?
14 Critical Checked score 2024
Bankruptcy chance 12 m
8.7%
Who decides
Accounts 63 d overdue0 of 5 deeds read
Why 14- Higher-failure-rate sector- Limited track record- Annual accounts: weaker financial profile- Higher-failure-rate region- Negative equityFiled after the deadlineShow the evidence

Checked score

Score 2024
14 / 100
Critical
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-37
Solvency15▼-27
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
8.7% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.9 against 1.19 in 2023; short-term debt: 110.3% and cash: 8.6% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+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 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
-10.3%
Return on assets
-44.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year -€12,043
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-10-2025, 71 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
71 d late
2023
365 d late
2022
109 d late
2021
114 d late
2020
352 d late
2019
91 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 184 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Weakest financial yearnet -€52,381

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€12,043 View
  • Caution: Result fell in 2024from -€706 to -€52,381 ▼ 7,320% View
  • Caution: Among the weakest 5% on net resultsector median €5,754 · 6,682 companies -€52,381 View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Caution: 2 loss-making years in a rowloss fiscal year 2024 -€52,381 View

By topic

Financials

Fiscal year
2024
Total assets
€117,068
Loss
-€52,381
Solvency
-10.3%
Total assets▼ 51.5%
Net result
20192024
Go to Financials

Timeline

Events
9
Since
2020
  1. 10-10-2025Annual accounts filed
  2. 31-07-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Freight transport by roadNACE 49410
Founded
06-09-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

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