Financials
- Financial year
- 2025
- Total assets
- €193,792
- Profit
- €1,370
- Solvency
- 39.8%
Turnover▼ 16.5%
Net result
20192020
KING DRINKS
ActiveSummary
The computed 12-month bankruptcy probability of KING DRINKS is 1.6% (moderate). The 2025 annual accounts show equity of €77,172 and a net result of €1,370. Equity is growing by about 31% per year across the filed financial years. Its solvency ranks better than 44% of 6,136 sector peers (NACE 46, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Wholesale of wines and spirits
NACE 46341
1 site
Size
€193,792total assets 2025
- Equity
- €77,172
- Profit
- €1,370
Structure
2025 accounts filed 74 days late4 deeds in the Belgian Official Gazette
Why 55raises riskLast filed accounts filed 74 days late; 3 of the last 3 lateSize: total assets €193,792Profit of €1,370 (financial year 2025)lowers riskLiquidity: current ratio 1.66, cash €33,804Show the evidence
Checked score
Score 2025
55
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 41% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Average
Solvency
65+2
equity 39.8% of total assets
Liquidity
40-4
short-term debt 60.2% · cash 17.4%
Profitability
39-43
return on assets 0.7%
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 7.3%highest value
12-2024: 2.8%▼ -4.5 percentage points vs 11-2024
01-2025: 2.7%▼ -0.1 percentage points vs 12-2024
02-2025: 2.7%● unchanged vs 01-2025
03-2025: 2.7%● unchanged vs 02-2025
04-2025: 2.7%● unchanged vs 03-2025
05-2025: 2.7%● unchanged vs 04-2025
06-2025: 2.6%▼ -0.1 percentage points vs 05-2025
07-2025: 2.6%● unchanged vs 06-2025
08-2025: 3.4%▲ +0.8 percentage points vs 07-2025
09-2025: 3.7%▲ +0.3 percentage points vs 08-2025
10-2025: 5.3%▲ +1.6 percentage points vs 09-2025
11-2025: 5.4%▲ +0.1 percentage points vs 10-2025
12-2025: 1.5%▼ -3.9 percentage points vs 11-2025
01-2026: 1.5%● unchanged vs 12-2025
02-2026: 1.5%● unchanged vs 01-2026
03-2026: 1.5%● unchanged vs 02-2026
04-2026: 1.5%● unchanged vs 03-2026
05-2026: 1.5%● unchanged vs 04-2026
06-2026: 1.5%● unchanged vs 05-2026
07-2026: 1.4%▼ -0.1 percentage points vs 06-2026lowest value
08-2026: 2.2%▲ +0.8 percentage points vs 07-2026
09-2026: 2.4%▲ +0.2 percentage points vs 08-2026
10-2026: 1.6%▼ -0.8 percentage points vs 09-2026
Credit of up to €4,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.66, compared with 1.61 in 2024, above the usual 1.5; short-term debt: 60.2% and cash: 17.4% of total assets), but 60.2% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 49% on solvency, 38% on liquidity, 32% on profitability and 47% on growth.
The bankruptcy probability was computed on 24-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 74 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-10-2026, 74 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
74 days late
2024
104 days late
2023
92 days late
2022
114 days late
2021
121 days late
2020
52 days late
2019
4 days 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 79 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 12 November (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · full…
- Weakest financial yearnet €1,370 ▼93.5%
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
By topic
Timeline
- Events
- 9
- Since
- 2020
- Next accounts
- by 31-07-2027
- 31-12-2024Highest result from 2019 to 2025
- 31-10-2024Annual accounts filed
- 22-11-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Wholesale of wines and spiritsNACE 46341
- Founded
- 14-09-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Key facts about KING DRINKS
- What is the company number of KING DRINKS?
- 0704.610.077. In Belgium the VAT number is the company number with BE in front: BE 0704.610.077.
- Where is KING DRINKS based?
- The registered office is at Motstraat 60/N, 2800 Mechelen.Company details
- What does KING DRINKS do?
- According to the KBO register, the main activity is wholesale of wines and spirits (NACE 46341).
- What is the legal form of KING DRINKS?
- Private limited company (BV).
- When was KING DRINKS founded?
- On 14-09-2018.
- Is KING DRINKS still active?
- Yes, KING DRINKS is an active enterprise in the KBO register.
- How many employees does KING DRINKS have?
- On average 1 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- What is the turnover of KING DRINKS?
- €315,717 in financial year 2020, according to the filed annual accounts.
- Is KING DRINKS profitable?
- In financial year 2025, KING DRINKS made a profit of €1,370.
- Where can I find the annual accounts of KING DRINKS?
- KING DRINKS filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KING DRINKS due?
- By 31-07-2027, for financial year 2026.Timeline
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- ARDENNE SPIRITTrois-Ponts
- OJ International SolutionsBrussel
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