KIRIN
ActiveKIRIN has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-1k) and a net result of €17k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 9019 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
13
/ 100
Critical▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency41▼-2
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.83 against 0.94 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-0.2%
Return on assets
3%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9019 sector peers (2024).
NBB · sector comparisonPosition among 9019 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
44 d early
2022
34 d early
2021
34 d early
2020
30 d early
2019
33 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-1k▲ 93.4%
2023 · €-18k
2018: €-13k
2019: €-3k
2020: €-51k
2021: €-37k
2022: €-37k
2023: €-18k
2018 → 2024
Total assets
€563k▲ 99.0%
2023 · €283k
2018: €378k
2019: €469k
2020: €281k
2021: €545k
2022: €87k
2023: €283k
2018 → 2024
Net result
€17k▼ 6.8%
2023 · €18k
2018: €-17k
2019: €-2k
2020: €-49k
2021: €15k
2022: €67
2023: €18k
2018 → 2024
Working capital
€-94k▼ 397%
2023 · €-19k
2018: €-82k
2019: €-51k
2020: €-78k
2021: €-43k
2022: €-38k
2023: €-19k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-51k-€-37k▲ 28.4%€-37k▲ 0.2%€-18k▲ 50.1%€-1k▲ 93.4%
Operating result€-47k-€16k€843▼ 94.6%€23k▲ 2,627%€23k▲ 0.2%
Net result€-49k-€15k€67▼ 99.5%€18k▲ 27,355%€17k▼ 6.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 0% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €563k
Fixed assets
€93k▲ 14,159%
Current assets
€471k▲ 66.7%
Key figures and ratios
EBITDA
€24k▲
2023 · €23k
Cash flow
€18k▼
2023 · €19k
Solvency
-0.2%▲
2023 · -6.4%
Current ratio
0.83▼
2023 · 0.94
Quick ratio
0.83▼
2023 · 0.94
ROA
3.0%▼
2023 · 6.5%
Interest coverage
9.08▼
2023 · 14.45
Debt
€564k▲
2023 · €301k
Debt ≤ 1 year
€564k▲
2023 · €301k
Income taxes
€5k▲
2023 · €3k
A ratio outside any meaningful range has been withheld (balance sheet total €563k, equity €-1k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€283k€563k▲
Fixed assets21/28€650€93k▲
Tangible fixed assets22/27€650€93k▲
Plant, machinery and equipment23-€1k
Furniture and vehicles24€650€91k▲
Current assets29/58€282k€471k▲
Amounts receivable within one year40/41€119k€7k▼
Trade receivables40€115k-
Other amounts receivable41€4k€7k▲
Cash at bank and in hand54/58€164k€464k▲
Equity and liabilities
Total equity and liabilities10/49€283k€563k▲
Equity10/15€-18k€-1k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-37k€-20k▲
Amounts payable17/49€301k€564k▲
Amounts payable within one year42/48€301k€564k▲
Trade debts44€299k€542k▲
Suppliers440/4€299k€542k▲
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Other amounts payable47/48-€18k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€477€477=
Other operating charges640/8€2k€50k▲
Gross operating margin9900€26k€73k▲
Operating profit (loss)9901€23k€23k▲
Financial income75/76B€72€2k▲
Recurring financial income75€72€2k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€21k€22k▲
Income taxes67/77€3k€5k▲
Profit (loss) for the period9904€18k€17k▼
Profit (loss) for the period to be appropriated9905€18k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-37k€-20k▲
Profit (loss) brought forward from the previous period14P€-55k€-37k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €18k ▲27355%
Net result €18k, the highest in the series.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after 3 loss-making years.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-49k
Net result drops to €-49k, the lowest in the series; recovery starts the following year.
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 33 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herent · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Predikherenberg 143020 HerentGround area
1.2 ha
Building footprint
568 m²
Volume, LiDAR
5,316 m³
2 parcels, Flanders · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
KIRIN
since 20162.252.930.314
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24432D0084/00W000 | Flanders | 1.1 ha | 1 · 384 m² | 15.4 m · 4 fl. |
| 24127E0014/00Y004 | Flanders | 874 m² | 1 · 183 m² | 5.1 m · 1 fl. |
Linked by address, not proof of ownership
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.
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Of 1,632 companies in sector 46170 we hold annual accounts for 662. 234 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-05-2016
Fiscal year end31-12
Activities, NACEBEL
46170Agents in the wholesale of food, beverages and tobacco
46180Agents specialised in the wholesale of other particular products
46391Wholesale trade
46392Non-specialised wholesale
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:016884362