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KITOZYME

Active Public limited companyfounded 2001active for 25 yearsRue de Milmort 680, 4040 HerstalKBO/BCE: BE 0473.676.932 #8 company by equity in the province of Liège, Chemicals sector

Lifetime

19 annual accounts with figures on one time axis, 25 filings since 2001
peak €8.9m (2019)
€7.1m▲ 6.3%
lowest -€6.8m (2012)
€824,661▼ 24.9%
peak €17.2m (2025)
€17.2m▲ 7.4%
€4.8m▲ 3.6%
peak 54.7 FTE (2009)
27.2 FTE▼ 0.4%
Board14 names since 2017all names
5 directors and 4 others
Owners6 names in the annual accounts
44% and 3 others
Documentsfilings and deeds
02-07-202629 days before the deadline
2025abbreviated format
Investments €2.4mCash from €1.3m to €635,010

Key points

from the 2025 annual accounts

Equity

€17.2m ▲ 7.4%

KITOZYME has made a profit without a break since 2021.

Investments

€1.7m 1.5 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Machinery stands 24.7% higher than in 2024.

Staff

27.2 FTE from 54.7 in 2009

Between 2009 and 2025, 50% of the full-time equivalents disappeared.

Payment terms

25 days to suppliers
Suppliers
50 to 25
Customers
91 to 75

KITOZYME pays its suppliers 25 days earlier than in 2024. Customers pay 16 days earlier.

Filings

25 annual accounts since 2001
AprilJune31 JulyOctober20102020

Two of the last ten came late. The 2021 accounts came latest: 862 days after the end of the period.

Position in the sector

€17.2m

More equity than 95% of companies in chemicals. Sector median €746,999 · 197 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,769 companies had the same profile as KITOZYME has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,769 companies, not a prediction for KITOZYME. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, , since 20-06-2025
Director,
Director, , since 20-06-2025
Director,
Director
Auditor,
  • 44%score equity €8.8m (2025) · annual accounts 2025
  • 18.48%equity €4.98bn (2025) · 2025 annual accounts of
  • 18%equity €2.42bn (2022) · annual accounts 2025
and 1 other shareholder

Shares in 2 companies, and

Board & ownership

Recent changes

5 directors reappointed, 1 statutory auditor reappointed , , , , and (statutory auditor) · General meeting of 16-06-2026 · Gazette deed
3 directors reappointed , and · Permanent representatives: , and · General meeting of 21-06-2024 · Gazette deed
1 director reappointed, 1 statutory auditor reappointed Permanent representatives: , and · and (statutory auditor) · General meeting of 16-06-2023 · Gazette deed
1 director resigning, 2 reappointments Permanent representatives: , and · Resignation: · Reappointments: and · General meeting of 17-06-2022 · Gazette deed
All 49 events

Comparable companies

same main activity, similar in size and age
Company
KITOZYME Herstal €7.1m 9.4% 76.9% 27.2
ENZYBEL INTERNATIONAL Villers-le-Bouillet €9.2m 2.8% 77.4% 24.9
TransFurans Chemicals Geel €15.1m 5.3% 73.0% 43.7
ARKEMA ANTWERP Brussels €18.0m 7.1% 20.8% 43.7
SYSTEMHOUSE Mouscron - - 55.2% 15.3
LUYTEN Namur €12.1m 4.8% 68.6% 23.3
FAMENNE ENROBES Marche-en-Famenne €11.3m 2.4% 42.9% 12
-10%0%10%20%€10m€100m€1bnKITOZYMEEBIT margin

Grey: the largest companies of the sector (chemicals (NACE 20)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as KITOZYME: manufacture of chemicals and chemical products (NACE 20140). They are comparable in size and age: total assets between €6.1m and €30m, founded between 1993 and 2009.

Official details

Source: KBO
Status
Active since 02-01-2001Normal situation
Activity
Manufacture of chemicals and chemical productsNACE 20140
Establishment unit
2.176.028.4174040 Herstal, since 01-06-2008
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€22.4m▲ 6.3%
Employeeson 31-12-2025
29▲ 7.4%
Filing
Filed on 02-07-2026, 29 days before the end of the filing period
Financials

Companies linked to KITOZYME

Shareholders

  • 16%

Insights on KITOZYME

KITOZYME has existed since 2001. In 2009 turnover rose from €51,120 to €260,463.

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 KITOZYME

What is the company number of KITOZYME?
The company number of KITOZYME is 0473.676.932. The VAT number is the same number with BE in front: BE 0473.676.932.
Where is KITOZYME based?
The registered office is at Rue de Milmort 680, 4040 Herstal.Company details
What does KITOZYME do?
According to the KBO register, the main activity is manufacture of chemicals and chemical products (NACE 20140).
What is the legal form of KITOZYME?
KITOZYME is a public limited company (NV).
When was KITOZYME founded?
KITOZYME was founded on 02-01-2001.
Is KITOZYME still active?
Yes, KITOZYME is an active enterprise in the KBO register.
How many employees does KITOZYME have?
KITOZYME had an average of 27.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of KITOZYME?
The turnover of KITOZYME was €7.1m in financial year 2025, according to the filed annual accounts.
Is KITOZYME profitable?
In financial year 2025, KITOZYME made a profit of €824,661.
Where can I find the annual accounts of KITOZYME?
KITOZYME filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KITOZYME due?
KITOZYME must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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