Equity
-€8.0m from €11.9m in 2017
Equity fell below zero in 2025.
KINLYS GROUP
Lifetime
20 annual accounts with figures on one time axis, 35 filings since 1990peak €19.5m (2016)
€3.2m3 months
lowest -€9.3m (2025)
-€2.2m3 months
peak €11.9m (2017)
-€8.0m▼ €2.2m
€8.5m▼ 13.4%
peak 42.5 FTE (2019)
25.7 FTE▼ 7.2%
Board14 names since 2016all names
3 directors and 2 others
Owners4 names in the annual accounts
consolidates
Documentsfilings and deeds
05-11-202610 days late
2026financial year
Financial year from 01-01-2026 to 26-03-2026, 3 monthsLoss of €2.2mRegistered office moved from Wielsbeke to Bruges 26-08Dissolution of the company 05-05Reappointment: (statutory auditor) 03-04Capital increase of €2,500,000 to €3,962,000 02-02
Key points
from the 2026 annual accounts, the last ones filedLosses
-€18.3m in six years
Every financial year from 2021 to 2026 closed with a loss. 2025 was the heaviest.
Debts
€8.5m 289% of the balance sheet
Financial debts 62%Suppliers 11%Taxes and wages 3%Other 24%
€2.0m of the debts are secured on the company's own assets. In 2022 that was €2.0m. The annual accounts state €90,009 of overdue social security (RSZ) debts on 26-03-2026.
Staff
25.7 FTE from 42.5 in 2019
Between 2019 and 2026, 40% of the full-time equivalents disappeared.
Payment terms
88 days to suppliers
KINLYS GROUP pays its suppliers 39 days later than in 2025. Customers pay 130 days later.
Liquidity
0.82 was 2.51 in 2025
Short-term debts rose from €2.0m to €3.2m.
Turnover -68%: 3-month year
Board and ownership
Liquidator
Liquidator
Managing director,
Managing director,
Director, since 27-03-2026
Auditor,
- consolidatesannual accounts 26-03-2026
- 50%equity €5.2m (2025) · 2025 annual accounts of
- 50%equity €14.2m (2025) · 2025 annual accounts of
Recent changes
Registered office moved from Wielsbeke to Bruges
New registered office: Hamiltonparkk 24-26, 8000 Brugge · Previous registered office: Zwaantjesstraat 8, 8710 Wielsbeke · Gazette deed
Dissolution of the company
Dissolved on 27-03-2026, in liquidation · Liquidators: and · Appointments: (liquidator) and (liquidator) · General meeting of 27-03-2026 · Gazette deed
Reappointment: (statutory auditor)
Permanent representative: · General meeting of 14-10-2025 · Gazette deed
Capital increase of €2,500,000 to €3,962,000
Capital from €1,462,000 to €3,962,000, 788 new shares · Contributions: (€1,250,000); (€1,250,000) · Permanent representative: · Gazette deed
Official details
Source: KBO- Status
- In liquidation since 27-03-2026deed of 05-05-2026 · founded on 08-12-1988
- Registered office
- 35 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 12 November 2026.
- Activity
- Wholesale tradeNACE 46110and 1 other
- Joint committees
- 200Auxiliary committee for white-collar workers
- 119Food trade · annual accounts 2025
- Establishment units
- 2.041.242.7598710 Wielsbeke, since 19-12-1988
- 2.213.482.0958710 Wielsbeke, since 12-10-2012
- Financial year end
- 26 March
- Peppol
- Reachable
Insights on KINLYS GROUP
KINLYS GROUP reached its highest turnover since 2007 in 2016: €19.5m. A year later it was €15.6m, and in 2018 still €13.3m.
Equity fell from €11.9m in 2017 to -€8.0m in 2026, while debts rose from €1.4m to €8.5m.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KINLYS GROUP
- What is the company number of KINLYS GROUP?
- The company number of KINLYS GROUP is 0435.946.506. The VAT number is the same number with BE in front: BE 0435.946.506.
- Where was KINLYS GROUP based?
- The last known address of the registered office is Hamiltonpark 24-26, 8000 Bruges.Company details
- What does KINLYS GROUP do?
- According to the KBO register, the main activity is wholesale trade (NACE 46110).
- What is the legal form of KINLYS GROUP?
- KINLYS GROUP is a public limited company (NV).
- When was KINLYS GROUP founded?
- KINLYS GROUP was founded on 08-12-1988.
- Is KINLYS GROUP still active?
- No. According to the KBO register, KINLYS GROUP is dissolved or in liquidation.
- How many employees did KINLYS GROUP have?
- KINLYS GROUP had an average of 25.7 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
- Which joint committee does KINLYS GROUP fall under?
- In its 2025 annual accounts, KINLYS GROUP states joint committees 200 (Auxiliary committee for white-collar workers) and 119 (Food trade).
- What is the turnover of KINLYS GROUP?
- The turnover of KINLYS GROUP was €3.2m in financial year 2026, according to the filed annual accounts.
- Is KINLYS GROUP profitable?
- In financial year 2026, KINLYS GROUP made a loss of €2.2m.
- Where can I find the annual accounts of KINLYS GROUP?
- KINLYS GROUP filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
Next steps
See what became of the directors' other companies.Supplier due diligence See who ran this company and where its registered office was, on a date of your choice.Company as of a date Find how this company is connected to another party.Network investigator See how the wholesale trade sector is doing.Sector figures