KiWi
ActiveSummary
KiWi has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€14,348) and a net result of €996. Equity is shrinking by ~26.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 393 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70▼-2
Solvency10▲+9
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.61 against 0.45 in 2024; short-term debt: 108% and cash: 4.7% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Social work activities without accommodation (NACE 88)
about 62% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-15.1%
Return on assets
1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 393 sector peers (2025).
NBB · sector comparisonPosition among 393 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
13 d late
2024
12 d late
2023
6 d early
2022
18 d late
2021
22 d late
2020
19 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 24 days before the deadline, and 25% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
-€14,348▲ 6.5%
2024 · -€15,344
Total assets
€94,876▲ 46.4%
2024 · €64,809
Net result
€996▼ 41.5%
2024 · €1,703
Working capital
-€39,654▼ 7.5%
2024 · -€36,879
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€821▲ 83.6%-€5,822▼ 609%-€7,609▼ 30.7%€3,858€1,622▼ 58.0%
Net result-€1,699below the sector's middle half▲ 67.6%-€7,423within the sector's middle half▼ 337%-€7,685below the sector's middle half▼ 3.5%€1,703below the sector's middle half€996within the sector's middle half▼ 41.5%
Equity-€1,939below the sector's middle half▼ 709%-€9,362below the sector's middle half▼ 383%-€17,047below the sector's middle half▼ 82.1%-€15,344below the sector's middle half▲ 10.0%-€14,348below the sector's middle half▲ 6.5%
Total assets€39,268below the sector's middle half▲ 16.9%€46,472below the sector's middle half▲ 18.3%€48,597below the sector's middle half▲ 4.6%€64,809below the sector's middle half▲ 33.4%€94,876below the sector's middle half▲ 46.4%
Debt€41,207▲ 21.8%€55,833▲ 35.5%€65,644▲ 17.6%€80,153▲ 22.1%€109,225▲ 36.3%
Working capital-€27,228▼ 24.3%-€44,323▼ 62.8%-€62,013▼ 39.9%-€36,879▲ 40.5%-€39,654▼ 7.5%
Solvency-4.9%below the sector's middle half▼ 4.2pp-20.1%below the sector's middle half▼ 15.2pp-35.1%below the sector's middle half▼ 14.9pp-23.7%below the sector's middle half▲ 11.4pp-15.1%below the sector's middle half▲ 8.6pp
Staff (FTE)0.7below the sector's middle half0.7below the sector's middle half=2.2below the sector's middle half▲ 214%3.8below the sector's middle half▲ 72.7%
above
within
below
the middle half (P25 to P75) of NACE 88, Social work activities without accommodation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 58% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €94,876
Fixed assets
€32,055 ▼ 6.1%
Current assets
€62,821 ▲ 105%
Key figures and ratios
EBITDA
€12,187▼
2024 · €14,284
Cash flow
€11,561▼
2024 · €12,128
Current ratio
0.61▲
2024 · 0.45
Debt to equity
-7.61▼
2024 · -5.22
ROA
1.0%▼
2024 · 2.6%
Interest coverage
10.14▲
2024 · 6.63
Debt ≤ 1 year
€102,475▲
2024 · €67,548
Debt > 1 year
€6,749▼
2024 · €12,605
Staff costs
€137,730▲
2024 · €76,104
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 907 companies that looked in July 2024 the way this one looks now, 6.0% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit under 5% of the balance sheet
6.0%
went bankrupt
3.7%
stopped otherwise
89%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 907 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €8,450 | €7,124 | €76,104 | €137,730 | ▲ 81.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,565 | €9,640 | €10,371 | €10,426 | €10,565 | ▲ 1.3% |
| Other operating charges640/8 | €3,962 | €1,149 | €683 | €4,347 | €400 | ▼ 90.8% |
| Non-recurring operating charges66A | - | - | - | €3,604 | €0 | ▼ 100% |
| Gross operating margin9900 | €8,706 | €13,418 | €10,570 | €98,339 | €150,317 | ▲ 52.9% |
| Operating profit (loss)9901 | -€821 | -€5,822 | -€7,609 | €3,858 | €1,622 | ▼ 58.0% |
| Financial income75/76B | €1 | - | €79 | €0 | €576 | - |
| Recurring financial income75 | €1 | - | €79 | €0 | €576 | - |
| Financial charges65/66B | €413 | €1,396 | €156 | €2,156 | €1,202 | ▼ 44.3% |
| Recurring financial charges65 | €413 | €1,396 | €156 | €2,156 | €1,202 | ▼ 44.3% |
| Profit (loss) for the period before taxes9903 | -€1,234 | -€7,217 | -€7,685 | €1,703 | €996 | ▼ 41.5% |
| Income taxes67/77 | €466 | €205 | - | - | - | - |
| Profit (loss) for the period9904 | -€1,699 | -€7,423 | -€7,685 | €1,703 | €996 | ▼ 41.5% |
| Profit (loss) for the period to be appropriated9905 | -€1,699 | -€7,423 | -€7,685 | €1,703 | €996 | ▼ 41.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €39,268 | €46,472 | €48,597 | €64,809 | €94,876 | ▲ 46.4% |
| Fixed assets21/28 | €25,289 | €34,961 | €44,966 | €34,140 | €32,055 | ▼ 6.1% |
| Tangible fixed assets22/27 | €25,289 | €34,961 | €44,966 | €34,140 | €32,055 | ▼ 6.1% |
| Plant, machinery and equipment23 | €23,510 | €27,239 | €38,444 | €20,933 | €17,338 | ▼ 17.2% |
| Furniture and vehicles24 | - | €2,508 | €1,881 | €1,254 | €2,976 | ▲ 137% |
| Other tangible fixed assets26 | €1,779 | €5,215 | €4,642 | €11,953 | €11,742 | ▼ 1.8% |
| Current assets29/58 | €13,979 | €11,511 | €3,631 | €30,670 | €62,821 | ▲ 105% |
| Stocks and contracts in progress3 | - | €800 | - | - | - | - |
| Stocks30/36 | - | €800 | - | - | - | - |
| Amounts receivable within one year40/41 | €10,873 | €9,305 | €2,066 | €28,791 | €56,873 | ▲ 97.5% |
| Trade receivables40 | €8,336 | €8,672 | €532 | €28,791 | €23,856 | ▼ 17.1% |
| Other amounts receivable41 | €2,537 | €634 | €1,533 | €0 | €33,017 | - |
| Cash at bank and in hand54/58 | €1,343 | €649 | €189 | €1,191 | €4,493 | ▲ 277% |
| Deferred charges and accrued income490/1 | €1,763 | €757 | €1,376 | €687 | €1,454 | ▲ 112% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €39,268 | €46,472 | €48,597 | €64,809 | €94,876 | ▲ 46.4% |
| Equity10/15 | -€1,939 | -€9,362 | -€17,047 | -€15,344 | -€14,348 | ▲ 6.5% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€6,939 | -€14,362 | -€22,047 | -€20,344 | -€19,348 | ▲ 4.9% |
| Amounts payable17/49 | €41,207 | €55,833 | €65,644 | €80,153 | €109,225 | ▲ 36.3% |
| Amounts payable after more than one year17 | - | - | - | €12,605 | €6,749 | ▼ 46.5% |
| Financial debts170/4 | - | - | - | €12,605 | €6,749 | ▼ 46.5% |
| Amounts payable within one year42/48 | €41,207 | €55,833 | €65,644 | €67,548 | €102,475 | ▲ 51.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,518 | €5,856 | ▲ 6.1% |
| Financial debts43 | - | - | €824 | €0 | - | - |
| Credit institutions430/8 | - | - | €824 | €0 | - | - |
| Trade debts44 | €16,490 | €24,001 | €22,429 | €3,544 | €9,750 | ▲ 175% |
| Suppliers440/4 | €16,490 | €24,001 | €22,429 | €3,544 | €9,750 | ▲ 175% |
| Taxes, remuneration and social security45 | €1,191 | €3,190 | €1,315 | €22,246 | €33,742 | ▲ 51.7% |
| Taxes450/3 | €1,191 | €1,794 | €236 | €736 | €2,101 | ▲ 185% |
| Remuneration and social security454/9 | - | €1,397 | €1,078 | €21,509 | €31,641 | ▲ 47.1% |
| Other amounts payable47/48 | €23,526 | €28,642 | €41,077 | €36,241 | €53,128 | ▲ 46.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,699 | -€7,423 | -€7,685 | €1,703 | €996 | ▼ 41.5% |
| + Depreciation and write-downs630 | €5,565 | €9,640 | €10,371 | €10,426 | €10,565 | ▲ 1.3% |
| Operating cash flow (approximation) | €3,866 | €2,218 | €2,686 | €12,128 | €11,561 | ▼ 4.7% |
| Investment in fixed assets (approximation) | - | -€19,312 | -€20,376 | €401 | -€8,481 | ▼ 2,216% |
| Change in cash | - | -€694 | -€459 | €1,002 | €3,302 | ▲ 229% |
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
Next filing, fiscal year 2026, expected by
2026
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 13 days late
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 12 days late
2024
31-12
Financial
Back to profitnet €1,703
Net result €1,703 after 4 loss-making years.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€7,685
Net result drops to -€7,685, the lowest in the series; recovery starts the following year.
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 18 days late
2022
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Aarschot · 1 establishment unit since 2019
Ground area
4,056 m²
Building footprint
291 m²
Volume, LiDAR
1,808 m³
Parcel 24060B0010/00G000, Flanders · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
KiWi
since 20192.290.949.364
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24060B0010/00G000 | Flanders | 4,056 m² | 1 · 291 m² | 12.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 7 entries · 273,692 EUR awarded · 273,692 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 166,712 EUR | 166,712 EUR |
| 2024 | 2 | 98,077 EUR | 98,077 EUR |
| 2023 | 2 | 4,753 EUR | 4,753 EUR |
| 2022 | 1 | 4,150 EUR | 4,150 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAarschot2.290.949.364
Care and welfare
2 services · 1 liveDe lieve beesjes
De lieve beesjes
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Of 1,589 companies in sector 88911 we hold annual accounts for 709. 264 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
88911Day nurseries and crèches
88912Social work activities without accommodation
88919Social work activities without accommodation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0728663307
Also
9925:BE0728663307
Registered
30-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.