KITOZYME
ActiveSummary
KITOZYME has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17.2m and a net result of €824,661. Equity is growing by ~14% per year across the filed fiscal years. Its solvency ranks better than 81% of 272 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
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Signals
This company filed its last 7 accounts on average 177 days after the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 20, Manufacture of chemicals and chemical products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 14,733 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,733 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €5.4m | €7.7m | €6.8m | €6.7m | €7.1m | ▲ 6.3% |
| Non-recurring operating income76A | €5.7m | €3,826 | €17,284 | €4,047 | €10,743 | ▲ 165% |
| Goods, raw materials, services and sundry goods60/61 | €2.9m | €4.0m | €4.0m | €3.5m | €3.7m | ▲ 4.4% |
| Remuneration, social security and pensions62 | €2.2m | €2.5m | €2.3m | €2.6m | €2.8m | ▲ 6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.4m | €771,534 | €624,054 | €829,126 | €1.1m | ▲ 29.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€148,551 | €0 | €42,823 | -€17,392 | €131,503 | ▲ 856% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €58,483 | €3,120 | €284,889 | €599 | -€32,665 | ▼ 5,553% |
| Other operating charges640/8 | €134,207 | €160,982 | €107,966 | €150,458 | €115,194 | ▼ 23.4% |
| Non-recurring operating charges66A | €547,754 | €93,278 | - | €76,650 | €61,855 | ▼ 19.3% |
| Gross operating margin9900 | €9.1m | €4.9m | €4.3m | €4.5m | €4.8m | ▲ 7.1% |
| Operating profit (loss)9901 | €4.9m | €1.3m | €942,436 | €831,719 | €666,147 | ▼ 19.9% |
| Financial income75/76B | €307,051 | €319,033 | €332,094 | €343,573 | €305,197 | ▼ 11.2% |
| Recurring financial income75 | €307,051 | €319,033 | €332,094 | €343,573 | €305,197 | ▼ 11.2% |
| Non-recurring financial income76B | - | €0 | €0 | €0 | €0 | - |
| Financial charges65/66B | €172,440 | €156,544 | €139,498 | €160,731 | €218,453 | ▲ 35.9% |
| Recurring financial charges65 | €172,440 | €156,544 | €139,498 | €160,731 | €218,453 | ▲ 35.9% |
| Non-recurring financial charges66B | - | €0 | €0 | €0 | €0 | - |
| Profit (loss) for the period before taxes9903 | €5.0m | €1.5m | €1.1m | €1.0m | €752,891 | ▼ 25.8% |
| Transfer from deferred taxes780 | - | €70,848 | €95,491 | €82,962 | - | - |
| Transfer to deferred taxes680 | €249,301 | - | - | - | - | - |
| Income taxes67/77 | -€53,706 | - | - | €0 | -€71,770 | - |
| Profit (loss) for the period9904 | €4.8m | €1.5m | €1.2m | €1.1m | €824,661 | ▼ 24.9% |
| Transfer from tax-exempt reserves789 | €40,942 | €212,544 | €286,473 | €248,886 | - | - |
| Transfer to tax-exempt reserves689 | €788,844 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €4.1m | €1.7m | €1.5m | €1.3m | €824,661 | ▼ 38.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €17.8m | €18.8m | €19.6m | €21.0m | €22.4m | ▲ 6.3% |
| Formation expenses20 | €0 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | €12.3m | €12.4m | €13.1m | €13.5m | €14.8m | ▲ 9.7% |
| Intangible fixed assets21 | €670,416 | €1.2m | €1.8m | €2.2m | €2.6m | ▲ 17.8% |
| Tangible fixed assets22/27 | €2.1m | €1.7m | €1.8m | €1.9m | €2.0m | ▲ 9.1% |
| Land and buildings22 | €0 | €0 | €876,108 | €795,941 | €715,774 | ▼ 10.1% |
| Plant, machinery and equipment23 | €931,370 | €900,467 | €919,405 | €1.0m | €1.3m | ▲ 24.7% |
| Furniture and vehicles24 | €50,439 | €36,412 | €34,577 | €24,348 | €19,026 | ▼ 21.9% |
| Leasing and similar rights25 | €1.1m | €754,848 | €0 | €0 | €0 | - |
| Other tangible fixed assets26 | €0 | €0 | €0 | €0 | €0 | - |
| Assets under construction and advance payments27 | €0 | €0 | €0 | €0 | €0 | - |
| Financial fixed assets28 | €9.5m | €9.5m | €9.5m | €9.5m | €10.2m | ▲ 7.9% |
| Current assets29/58 | €5.5m | €6.4m | €6.5m | €7.5m | €7.5m | ▲ 0.2% |
| Amounts receivable after more than one year29 | €0 | €952,875 | €1.6m | €2.3m | €3.0m | ▲ 33.0% |
| Trade receivables290 | €0 | €952,875 | €1.6m | €2.3m | €3.0m | ▲ 33.0% |
| Other amounts receivable291 | €0 | €0 | €0 | €0 | €0 | - |
| Stocks and contracts in progress3 | €954,269 | €1.4m | €1.6m | €1.6m | €1.5m | ▼ 5.7% |
| Stocks30/36 | €954,269 | €1.4m | €1.6m | €1.6m | €1.5m | ▼ 5.7% |
| Contracts in progress37 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €1.7m | €2.4m | €2.8m | €2.2m | €2.3m | ▲ 6.2% |
| Trade receivables40 | €1.2m | €2.3m | €2.3m | €1.7m | €1.5m | ▼ 12.5% |
| Other amounts receivable41 | €495,156 | €149,664 | €464,093 | €512,116 | €855,531 | ▲ 67.1% |
| Current investments50/53 | - | €0 | €0 | €0 | €0 | - |
| Cash at bank and in hand54/58 | €2.8m | €1.6m | €533,599 | €1.3m | €635,010 | ▼ 52.4% |
| Deferred charges and accrued income490/1 | €91,640 | €87,247 | €40,555 | €143,454 | €63,849 | ▼ 55.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €17.8m | €18.8m | €19.6m | €21.0m | €22.4m | ▲ 6.3% |
| Equity10/15 | €12.4m | €13.8m | €15.0m | €16.0m | €17.2m | ▲ 7.4% |
| Contributions10/11 | €6.8m | €6.8m | €6.8m | €6.8m | €6.8m | = |
| Capital10 | €6.8m | €6.8m | €6.8m | €6.8m | €6.8m | = |
| Issued capital100 | €6.8m | €6.8m | €6.8m | €6.8m | €6.8m | = |
| Uncalled capital101 | - | €0 | €0 | €0 | €0 | - |
| Revaluation surpluses12 | €1.2m | €1.2m | €1.2m | €1.2m | €1.2m | = |
| Reserves13 | €926,429 | €791,962 | €581,339 | €399,773 | €441,006 | ▲ 10.3% |
| Non-distributable reserves130/1 | €178,526 | €256,603 | €332,453 | €399,773 | €441,006 | ▲ 10.3% |
| Legal reserve130 | €178,526 | €256,603 | €332,453 | €399,773 | €441,006 | ▲ 10.3% |
| Tax-exempt reserves132 | €747,903 | €535,359 | €248,886 | €0 | - | - |
| Profit (loss) carried forward14 | €2.4m | €4.1m | €5.5m | €6.8m | €7.6m | ▲ 11.6% |
| Investment grants15 | €972,250 | €850,923 | €888,664 | €773,164 | €1.1m | ▲ 47.0% |
| Provisions and deferred taxes16 | €319,483 | €251,755 | €441,153 | €358,790 | €326,124 | ▼ 9.1% |
| Provisions for liabilities and charges160/5 | €70,182 | €73,302 | €358,191 | €358,790 | €326,124 | ▼ 9.1% |
| Pensions and similar obligations160 | €18,182 | €21,302 | €21,302 | €21,901 | €25,874 | ▲ 18.1% |
| Environmental obligations163 | €52,000 | €52,000 | €336,889 | €336,889 | €300,250 | ▼ 10.9% |
| Deferred taxes168 | €249,301 | €178,453 | €82,962 | - | - | - |
| Amounts payable17/49 | €5.1m | €4.8m | €4.1m | €4.7m | €4.8m | ▲ 3.6% |
| Amounts payable after more than one year17 | €2.3m | €1.4m | €682,448 | €227,800 | €1.1m | ▲ 404% |
| Financial debts170/4 | €2.3m | €1.4m | €682,448 | €227,800 | €1.1m | ▲ 404% |
| Amounts payable within one year42/48 | €2.8m | €3.3m | €3.5m | €4.4m | €3.7m | ▼ 16.9% |
| Current portion of amounts payable after more than one year42 | €1.3m | €1.5m | €1.8m | €2.9m | €1.7m | ▼ 40.2% |
| Trade debts44 | €490,909 | €584,823 | €695,770 | €481,394 | €249,077 | ▼ 48.3% |
| Suppliers440/4 | €490,909 | €584,823 | €695,770 | €481,394 | €249,077 | ▼ 48.3% |
| Advances received on contracts in progress46 | - | - | - | - | €110,400 | - |
| Taxes, remuneration and social security45 | €819,864 | €1.1m | €611,363 | €774,052 | €842,533 | ▲ 8.8% |
| Taxes450/3 | €351,822 | €611,739 | €117,957 | €166,642 | €93,110 | ▼ 44.1% |
| Remuneration and social security454/9 | €468,042 | €492,721 | €493,406 | €607,410 | €749,423 | ▲ 23.4% |
| Other amounts payable47/48 | €220,101 | €181,014 | €327,232 | €317,023 | €774,331 | ▲ 144% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4.8m | €1.5m | €1.2m | €1.1m | €824,661 | ▼ 24.9% |
| + Depreciation and write-downs630 | €1.4m | €771,534 | €624,054 | €829,126 | €1.1m | ▲ 29.3% |
| Operating cash flow (approximation) | €6.2m | €2.3m | €1.9m | €1.9m | €1.9m | ▼ 1.6% |
| Investment in fixed assets (approximation) | - | -€898,325 | -€1.3m | -€1.3m | -€2.4m | ▼ 86.5% |
| Change in cash | - | -€1.2m | -€1.1m | €800,540 | -€699,129 | ▼ 187% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 30 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62312A0044/00K000 | Wallonia | 1.2 ha | 1 · 4,178 m² | - |
Linked by address, not proof of ownership
Structure & network
Owners and holdings
4 owners · 2 holdingsOwners 4
-
44%
-
18.48%
- 18%
- Sourceown accounts 202516%
Holdings 2
-
76%
-
20%
According to the 2025 annual accounts of KITOZYME and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
European Union, budget
2024 · 1 entry · 452,495 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2024 | 1 | 452,495 EUR |
European research
6 projects · 1 as coordinator · 1,158,918 EUR EU contributionShow 1 more projects
Recognitions · licences · registrations
Food safety, FASFC
1 siteSimilar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.