KINGWOOD

Active

Public limited companyfounded 1987active for 39 yearsFlanders-Fieldweg 12A, 8790 Waregem, BelgiumKBO/BCE: BE 0431.518.455

Summary

The computed 12-month bankruptcy probability of KINGWOOD is 4.7% (elevated). For KINGWOOD, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €258,268 and a net result of €5,834. Equity is growing by about 4.4% per year across the filed financial years. Its solvency ranks better than 83% of 14,799 sector peers (NACE 46, financial year 2023). The company has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals.

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KINGWOODActive

Risk analysis Report Compare

Activity

Agents in non-specialised wholesale trade

NACE 46190Wholesale of timber NACE 46832

1 site

Size

€329,712total assets 2023

Equity: €258,268
Profit: €5,834

Turnover not published (micro format)

Financial health

Bankruptcy probabilitywithin 12 months: 4.7%

2023 figures too old to score

Structure

Accounts 442 days overdue

Signalsraises risk2 financial years not filed after the legal deadline; latest accounts 517 days late; 3 of the last 3 lateFigures for financial year 2023 (filed 30-12-2025)Size: total assets €329,712Two or more financial years not filedFiled more than 90 days latelowers riskFounded in 1987Show the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2023 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: At least two filing cycles are missing

Financial strength, FY 2023 · tick = 2022

Strong

Solvency 100+13

equity 78.3% of total assets

Liquidity 83+2

short-term debt 21.7% · cash 32.4%

Profitability 71+19

return on assets 1.8%

Bankruptcy probability, 12 months

4.7% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,871 companies, NACE 46, micro)

Last 24 months 11-2024: 0.5%lowest value 12-2024: 0.8%▲ +0.3 percentage points vs 11-2024 01-2025: 2.1%▲ +1.3 percentage points vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.2%▲ +0.1 percentage points vs 02-2025 04-2025: 2.0%▼ -0.2 percentage points vs 03-2025 05-2025: 2.0%● unchanged vs 04-2025 06-2025: 2.0%● unchanged vs 05-2025 07-2025: 2.0%● unchanged vs 06-2025 08-2025: 3.3%▲ +1.3 percentage points vs 07-2025 09-2025: 3.3%● unchanged vs 08-2025 10-2025: 3.3%● unchanged vs 09-2025 11-2025: 3.3%● unchanged vs 10-2025 12-2025: 3.3%● unchanged vs 11-2025 01-2026: 3.2%▼ -0.1 percentage points vs 12-2025 02-2026: 3.2%● unchanged vs 01-2026 03-2026: 3.4%▲ +0.2 percentage points vs 02-2026 04-2026: 3.0%▼ -0.4 percentage points vs 03-2026 05-2026: 3.0%● unchanged vs 04-2026 06-2026: 3.0%● unchanged vs 05-2026 07-2026: 3.0%● unchanged vs 06-2026 08-2026: 4.7%▲ +1.7 percentage points vs 07-2026highest value 09-2026: 4.7%● unchanged vs 08-2026highest value 10-2026: 4.7%● unchanged vs 09-2026highest value

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Signals

Six signals.

lowers riskraises risk

2 financial years not filed after the legal deadline; latest accounts 517 days late; 3 of the last 3 late

NBB · filings

Figures for financial year 2023 (filed 30-12-2025)

NBB · annual accounts

Size: total assets €329,712

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Founded in 1987

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Two or more financial years not filed

Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.

NBB · 10 filings

Position against the passed deadline

31-12-2024 year end31-07-2025 deadline16-10-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-12-2025, 517 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

not filed

2023

517 days late

2022

138 days late

2021

497 days late

2020

699 days late

2019

207 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 412 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 (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

30-12-2025 Annual accounts filedfinancial year 2023 · micro…
16-12-2023 Annual accounts filedfinancial year 2022 · micro…
10-12-2023 Annual accounts filedfinancial year 2021 · micro…

Key points

Risk: Accounts not fileddeadline was 31-07-2025 442 days late View
Positive: Among the best 16% on equitysector median €55,105 · 14,841 companies €258,268 View
Positive: 6 profitable years in a rowprofit 2023: €5,834 6 years View