Checked.be
Active
BE 0477.951.167Public limited company
KINGO
Mechelseweg 87 ·1880 Kapelle-op-den-Bos, Belgium· 24 yrs active
Conclusion
KINGO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.04M and a net result of €-86k. Equity remains stable across the filed fiscal years (±0.9% per year). The computed 12-month bankruptcy probability is 0.7% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €1.04M |
| Net result | €-86k |
| Active | 24 yrs |
| Locations | 1 |
Financial profile
60
/ 100
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Health
70
Profitability
0
Solvency
100
Growth
32
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2002, 24 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
70
/ 100
Healthy
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€75k
estimate, not credit advice
Score history
56
2022
86
2023
86
2024
70
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 6.92 (≥ 1.5)
+10
Quick ratio
Quick ratio 6.92 (≥ 1.0)
+5
Leverage
Debt/equity 0.03 (< 1.0)
+10
Profitability
Negatieve ROE -8%
-10
Interest coverage
Interest coverage 79.1× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 17-07-2026 with the NBB · fiscal year 2025 · abbreviated schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 4 fiscal years (±0.9%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
€10k
-89.7%
22-25
€-86k
-
22-25
€5k
-94.6%
22-25
€1.07M
-7.5%
22-25
€1.04M
-7.6%
22-25
€135k
+3.0%
22-25
€5k
+102.1%
22-25
€30k
-5.9%
22-25
€23k
-2.7%
22-25
6.92
+5.0%
22-25
6.92
+5.0%
22-25
97.2%
-0.1%
22-25
0.03
+1.8%
22-25
-8.2%
-
22-25
-8.0%
-
22-25
79.15
-90.3%
22-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €10k | €100k | €108k | €115k |
| Net profit | €-86k | €6k | €4k | €24k |
| Cash flow | €5k | €97k | €95k | €115k |
| Staff costs | - | - | - | - |
| Income taxes | €5k | €2k | €8k | - |
| Dividends | - | - | - | - |
| Total assets | €1.07M | €1.16M | €1.16M | €1.25M |
| Equity | €1.04M | €1.13M | €1.12M | €1.12M |
| Debt | €30k | €32k | €37k | €129k |
| of which ≤ 1y | €23k | €23k | €28k | €120k |
| of which > 1y | - | - | - | - |
| Working capital | €135k | €131k | €34k | €-61k |
| Employees (FTE) | - | - | - | - |
Note: these years are not on the same basis. The filed schemas differ (abbreviated schema, micro schema), so the columns are not directly comparable.
Ratios (computed)
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 6.92 | 6.59 | 2.22 | 0.49 |
| Quick ratio | 6.92 | 6.59 | 2.22 | 0.49 |
| Working capital ratio | 12.6% | 11.3% | 2.9% | -4.9% |
| Solvency | 97.2% | 97.2% | 96.8% | 89.6% |
| Debt / equity | 0.03 | 0.03 | 0.03 | 0.12 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | 79.15 | - | 814.51 | 2668.42 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -8.0% | 0.5% | 0.3% | 1.9% |
| ROE | -8.2% | 0.5% | 0.3% | 2.1% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €1.07M | €1.16M | €1.16M | €1.25M |
| Fixed assets | 21/28 | €916k | €1.01M | €1.10M | €1.19M |
| Tangible fixed assets | 22/27 | €916k | €1.01M | €1.10M | €1.19M |
| Current assets | 29/58 | €158k | €154k | €61k | €59k |
| Amounts receivable within one year | 40/41 | €10k | - | - | €5k |
| Cash & bank | 54/58 | €148k | €154k | €61k | €55k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.07M | €1.16M | €1.16M | €1.25M |
| Equity | 10/15 | €1.04M | €1.13M | €1.12M | €1.12M |
| Contributions / capital | 10/11 | €1.10M | €1.10M | €1.10M | €1.10M |
| Reserves | 13 | €10k | €10k | €10k | €10k |
| Accumulated profits (losses) | 14 | €-67k | €19k | €13k | €9k |
| Amounts payable | 17/49 | €30k | €32k | €37k | €129k |
| Amounts payable within one year | 42/48 | €23k | €23k | €28k | €120k |
| Trade debts payable within one year | 44 | €102 | - | €591 | - |
| Income statement | |||||
| Gross operating margin | 9900 | €26k | €116k | €123k | €129k |
| Operating result | 9901 | €-81k | €9k | €17k | €24k |
| Financial income | 75 | - | €2 | - | €12 |
| Financial charges | 65 | €130 | - | €132 | €43 |
| Result before taxes | 9903 | €-81k | €9k | €12k | €24k |
| Income taxes | 67/77 | €5k | €2k | €8k | - |
| Net result for the period | 9904 | €-86k | €6k | €4k | €24k |
| Result to be appropriated | 9905 | €-86k | €6k | €4k | €24k |
Legal Structure
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 10-07-2002 |
| Status | Active |
| Postal code | 1880 |
Establishment units
Mechelseweg 50, 1880 Kapelle-op-den-Bos
since 20022.115.327.401
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23039A0087/00S003 | Flanders | 1.0 ha | 1 · 7,206 m² | 11.1 m · 2 fl. |
| 23039A0051/00N002 | Flanders | 4,592 m² | 1 · 946 m² | 12.0 m · 2 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-86k ▼1486%
Net result drops to €-86k, the lowest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity triplescurrent ratio 6.59
Current ratio from 2.22 to 6.59; short-term debt falls from €28k to €23k.
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 5current ratio 2.22
Current ratio from 0.49 to 2.22; short-term debt falls from €120k to €28k.
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
03-01
State Gazette act
Director changes
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 1
updated 3 years ago
2023
03-01-2023 Discharge granted to the board
Technical details
{
"events": [
{
"kind": "decharge_granted",
"role": "bestuurder",
"person": null,
"reason": null,
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2022-05-20",
"evidence_quote": "De buitengewone algemene vergadering van 20 mei 2022 beslist aan de bestuurders kwijting te verlenen",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": "immediate"
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": null,
"filing_date": "2022-12-26",
"act_kind_objet": "herbenoeming"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2022-05-20",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0477.951.167",
"name_full": "KINGO",
"legal_form": "Naamloze vennootschap"
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "ACERTA Ondernemingsloket VZW",
"person_name": null,
"org_rep_person_name": "Pieter Cox",
"person_role_at_subject": null
},
"co_filed_documents": [],
"corrected_publication_numac": null
}Credit advice
Company registry (CBE)
Names & trade names
| Legal nameNL | KINGO |