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KIWIK

Active
Private limited companyfounded 20233 yrs activeEngelandstraat 53, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 0797.127.588
Summary

The computed 12-month bankruptcy probability of KIWIK is 4.6% (elevated). The 2025 annual accounts show equity of €4,872 and a net result of -€1,191. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 57% of 1538 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability57▼-22
Solvency63▼-9
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
4.6% Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.82 against 0.58 in 2024; short-term debt: 61.7% and cash: 31.8% of total assets), and 61.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
38.3%
Return on assets
-9.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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 · 3 filings
Deviation from the deadline
2025
12 d late
2024
60 d late
2023
43 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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. Usually files around 12 August (3 of the last 3 filed years within 54 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 13 January 2023, KIWIK was incorporated as a Private limited company.1 Total assets went from EUR 9,659 in 2023 to EUR 12,736 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,191
2024 · €1,011
Working capital
-€1,399▲ 50.6%
2024 · -€2,829
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202320242025
Operating result€2,699-€1,050▼ 61.1%-€801
Net result€2,052within the sector's middle half-€1,011within the sector's middle half▼ 50.7%-€1,191within the sector's middle half
Equity€5,052below the sector's middle half-€6,063within the sector's middle half▲ 20.0%€4,872within the sector's middle half▼ 19.6%
Total assets€9,659below the sector's middle half-€12,783below the sector's middle half▲ 32.4%€12,736below the sector's middle half▼ 0.4%
Debt€4,606-€6,720▲ 45.9%€7,864▲ 17.0%
Working capital-€2,179within the sector's middle half--€2,829within the sector's middle half▼ 29.8%-€1,399within the sector's middle half▲ 50.6%
Solvency52.3%within the sector's middle half-47.4%within the sector's middle half▼ 4.9pp38.3%within the sector's middle half▼ 9.2pp
Current ratio0.53below the sector's middle half-0.58within the sector's middle half▲ 0.050.82within the sector's middle half▲ 0.24
Return on assets (ROA)21.2%above the sector's middle half-7.9%within the sector's middle half▼ 13.3pp-9.4%below the sector's middle half▼ 17.3pp
above within below the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€2,000-€1,000€0€1,000€2,000€3,000Operating result 2023: €2,699€2,699Net result 2023: €2,052€2,052Operating result 2024: €1,050€1,050Net result 2024: €1,011€1,011Operating result 2025: -€801-€801Net result 2025: -€1,191-€1,191202320242025-€2,000-€1,000€0€1,000€2,000€3,000Operating result 2023: €2,699€2,700Net result 2023: €2,052€2,050Operating result 2024: €1,050€1,050Net result 2024: €1,011€1,010Operating result 2025: -€801-€801Net result 2025: -€1,191-€1,190202320242025
The operating result turns negative in 2025: a loss of €801 after €1,050 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12,736
Fixed assets €6,271 ▼ 29.5%
Current assets €6,465 ▲ 66.2%
Equity and liabilities €12,736
Equity €4,872 ▼ 19.6%
Debt €7,864 ▲ 17.0%
Debt's share of the balance-sheet total rises from 52.6% to 61.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1,820▼
2024 · €3,348
Cash flow
€1,430▼
2024 · €3,309
Debt to equity
1.61▲
2024 · 1.11
ROE
-24.5%▼
2024 · 16.7%
Interest coverage
20.35▼
2024 · 85.52
Debt ≤ 1 year
€7,864▲
2024 · €6,720
Income taxes
€300
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,146 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a small loss
2.2% went bankrupt
5.9% stopped otherwise
92% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 4.6% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 2,146 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 31 lines
Balance sheet Code20242025
Assets
Total assets20/58€12,783€12,736▼
Fixed assets21/28€8,893€6,271▼
Tangible fixed assets22/27€8,893€6,271▼
Furniture and vehicles24€8,893€6,271▼
Current assets29/58€3,891€6,465▲
Amounts receivable within one year40/41-€2,420
Trade receivables40-€2,420
Cash at bank and in hand54/58€3,891€4,045▲
Equity and liabilities
Total equity and liabilities10/49€12,783€12,736▼
Equity10/15€6,063€4,872▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14€3,063€1,872▼
Amounts payable17/49€6,720€7,864▲
Amounts payable within one year42/48€6,720€7,864▲
Trade debts44€339€578▲
Suppliers440/4€339€578▲
Taxes, remuneration and social security45€981€668▼
Taxes450/3€981€668▼
Other amounts payable47/48€5,400€6,618▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,298€2,622▲
Other operating charges640/8-€91
Gross operating margin9900€3,348€1,912▼
Operating profit (loss)9901€1,050-€801▼
Financial charges65/66B€39€89▲
Recurring financial charges65€39€89▲
Profit (loss) for the period before taxes9903€1,011-€891▼
Income taxes67/77-€300
Profit (loss) for the period9904€1,011-€1,191▼
Profit (loss) for the period to be appropriated9905€1,011-€1,191▼
Appropriation of the result
Profit (loss) to be appropriated9906€3,063€1,872▼
Profit (loss) brought forward from the previous period14P€2,052€3,063▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,022€2,298€2,622▲ 14.1%
Other operating charges640/8--€91-
Gross operating margin9900€3,721€3,348€1,912▼ 42.9%
Operating profit (loss)9901€2,699€1,050-€801▼ 176%
Financial charges65/66B€36€39€89▲ 128%
Recurring financial charges65€36€39€89▲ 128%
Profit (loss) for the period before taxes9903€2,663€1,011-€891▼ 188%
Income taxes67/77€610-€300-
Profit (loss) for the period9904€2,052€1,011-€1,191▼ 218%
Profit (loss) for the period to be appropriated9905€2,052€1,011-€1,191▼ 218%
Line202320242025Change
Assets
Total assets20/58€9,659€12,783€12,736▼ 0.4%
Fixed assets21/28€7,231€8,893€6,271▼ 29.5%
Tangible fixed assets22/27€7,231€8,893€6,271▼ 29.5%
Furniture and vehicles24€7,231€8,893€6,271▼ 29.5%
Current assets29/58€2,427€3,891€6,465▲ 66.2%
Amounts receivable within one year40/41€235-€2,420-
Trade receivables40€175-€2,420-
Other amounts receivable41€60---
Cash at bank and in hand54/58€2,192€3,891€4,045▲ 4.0%
Equity and liabilities
Total equity and liabilities10/49€9,659€12,783€12,736▼ 0.4%
Equity10/15€5,052€6,063€4,872▼ 19.6%
Contributions10/11€3,000€3,000€3,000=
Profit (loss) carried forward14€2,052€3,063€1,872▼ 38.9%
Amounts payable17/49€4,606€6,720€7,864▲ 17.0%
Amounts payable within one year42/48€4,606€6,720€7,864▲ 17.0%
Trade debts44€396€339€578▲ 70.7%
Suppliers440/4€396€339€578▲ 70.7%
Taxes, remuneration and social security45€610€981€668▼ 32.0%
Taxes450/3€610€981€668▼ 32.0%
Other amounts payable47/48€3,600€5,400€6,618▲ 22.6%
Line202320242025Change
Profit (loss) for the period9904€2,052€1,011-€1,191▼ 218%
+ Depreciation and write-downs630€1,022€2,298€2,622▲ 14.1%
Operating cash flow (approximation)€3,074€3,309€1,430▼ 56.8%
Investment in fixed assets (approximation)--€3,959€0▲ 100%
Change in cash-€1,699€154▼ 90.9%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
12-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
31-12
Financial Weakest financial yearnet -€1,191
Net result drops to -€1,191, the lowest in the series.
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
18-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1,238 m²
Building footprint
282 m²
Volume, LiDAR
4,316 m³
Parcel 21562A0379/00C010, Brussels · tallest building 24.6 m, ±6 floors. Linked by address, not a title deed.
13 companies at this address See who is registered here
1 establishment unit
KIWIK
Engelandstraat 53, 1060 Sint-Gillis (bij-Brussel)Rental and leasing activities
since 20232.340.816.173
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21562A0379/00C010 Brussels 1,238 m² 1 · 282 m² 24.6 m · 6 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.

Similar companies · same sector, comparable size

Of 514 companies in sector 77222 we hold annual accounts for 164. 43 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded13-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
77222Rental and leasing activities
77229Renting and leasing of other personal and household goods
77330Rental and leasing activities
77399Renting and leasing of other machinery, equipment and tangible goods
82990Other business support services
90120Visual arts creation
Contact
E-mail alex@blankollectif.be
Phone +32495922263
Phone 0495922263Sint-Gillis (bij-Brussel)
E-invoicing
Reachable via Peppol
Peppol ID 0208:0797127588
Also 9925:BE0797127588
Registered 18-02-2024

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.