Kjes
ActiveSummary
Kjes has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €137,089 and a net result of €70,429. Equity is growing by ~45.9% per year across the filed fiscal years. Its solvency ranks better than 53% of 7833 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+8
Solvency80▲+16
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 1.98 against 1.58 in 2024; short-term debt: 45.3% and cash: 23.3% of total assets), and 45.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.7%
Return on assets
28.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
23 d early
2024
22 d early
2023
21 d early
2022
19 d early
2021
5 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% 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 11 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€137,089▲ 58.2%
2024 · €86,660
Total assets
€250,754▲ 13.9%
2024 · €220,108
Net result
€70,429▲ 74.0%
2024 · €40,466
Working capital
€111,076▲ 43.3%
2024 · €77,532
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, 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-€8,089-€32,255€76,075▲ 136%€59,316▼ 22.0%€95,086▲ 60.3%
Net result-€8,442below the sector's middle half-€26,392within the sector's middle half€57,244above the sector's middle half▲ 117%€40,466within the sector's middle half▼ 29.3%€70,429above the sector's middle half▲ 74.0%
Equity-€7,442below the sector's middle half-€18,950within the sector's middle half€76,194within the sector's middle half▲ 302%€86,660within the sector's middle half▲ 13.7%€137,089within the sector's middle half▲ 58.2%
Total assets€137,082within the sector's middle half-€149,103within the sector's middle half▲ 8.8%€206,372within the sector's middle half▲ 38.4%€220,108within the sector's middle half▲ 6.7%€250,754within the sector's middle half▲ 13.9%
Debt€144,524-€130,153▼ 9.9%€130,178=€133,448▲ 2.5%€113,664▼ 14.8%
Working capital-€20,904below the sector's middle half-€74within the sector's middle half€60,644within the sector's middle half▲ 82,331%€77,532within the sector's middle half▲ 27.8%€111,076above the sector's middle half▲ 43.3%
Solvency-5.4%below the sector's middle half-12.7%below the sector's middle half▲ 18.1pp36.9%within the sector's middle half▲ 24.2pp39.4%within the sector's middle half▲ 2.5pp54.7%within the sector's middle half▲ 15.3pp
Current ratio0.86below the sector's middle half-1.00within the sector's middle half▲ 0.151.47within the sector's middle half▲ 0.471.58within the sector's middle half▲ 0.111.98within the sector's middle half▲ 0.40
Return on assets (ROA)-6.2%below the sector's middle half-17.7%within the sector's middle half▲ 23.9pp27.7%above the sector's middle half▲ 10.0pp18.4%within the sector's middle half▼ 9.4pp28.1%within the sector's middle half▲ 9.7pp
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 60% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €250,754
Fixed assets
€26,013 ▲ 185%
Current assets
€224,740 ▲ 6.5%
Equity and liabilities €250,754
Equity
€137,089 ▲ 58.2%
Debt
€113,664 ▼ 14.8%
Debt's share of the balance-sheet total falls from 60.6% to 45.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€100,014▲
2024 · €67,036
Cash flow
€75,358▲
2024 · €48,186
Quick ratio
0.73▲
2024 · 0.66
Debt to equity
0.83▼
2024 · 1.54
ROE
51.4%▲
2024 · 46.7%
Interest coverage
17.30▲
2024 · 8.37
Debt ≤ 1 year
€113,664▼
2024 · €133,448
Income taxes
€18,876▲
2024 · €10,836
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 26,970 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,382 | €4,512 | €7,651 | €7,720 | €4,929 | ▼ 36.2% |
| Other operating charges640/8 | €132 | €1,068 | €765 | €744 | €729 | ▼ 2.1% |
| Gross operating margin9900 | -€4,575 | €37,836 | €84,491 | €67,780 | €100,743 | ▲ 48.6% |
| Operating profit (loss)9901 | -€8,089 | €32,255 | €76,075 | €59,316 | €95,086 | ▲ 60.3% |
| Financial income75/76B | €3 | €2 | - | - | - | - |
| Recurring financial income75 | €3 | €2 | - | - | - | - |
| Financial charges65/66B | €356 | €1,227 | €4,272 | €8,014 | €5,780 | ▼ 27.9% |
| Recurring financial charges65 | €356 | €1,227 | €4,272 | €8,014 | €5,780 | ▼ 27.9% |
| Profit (loss) for the period before taxes9903 | -€8,442 | €31,031 | €71,802 | €51,302 | €89,305 | ▲ 74.1% |
| Income taxes67/77 | - | €4,638 | €14,558 | €10,836 | €18,876 | ▲ 74.2% |
| Profit (loss) for the period9904 | -€8,442 | €26,392 | €57,244 | €40,466 | €70,429 | ▲ 74.0% |
| Profit (loss) for the period to be appropriated9905 | -€8,442 | €26,392 | €57,244 | €40,466 | €70,429 | ▲ 74.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €137,082 | €149,103 | €206,372 | €220,108 | €250,754 | ▲ 13.9% |
| Fixed assets21/28 | €13,462 | €18,933 | €16,485 | €9,128 | €26,013 | ▲ 185% |
| Tangible fixed assets22/27 | €13,462 | €18,933 | €16,485 | €9,128 | €6,013 | ▼ 34.1% |
| Plant, machinery and equipment23 | €2,480 | €11,351 | €8,682 | €5,776 | €4,494 | ▼ 22.2% |
| Furniture and vehicles24 | €10,982 | €7,582 | €7,803 | €3,352 | €1,519 | ▼ 54.7% |
| Financial fixed assets28 | - | - | - | - | €20,000 | - |
| Current assets29/58 | €123,620 | €130,170 | €189,888 | €210,980 | €224,740 | ▲ 6.5% |
| Stocks and contracts in progress3 | €108,520 | €109,270 | €136,616 | €122,333 | €142,301 | ▲ 16.3% |
| Stocks30/36 | €108,520 | €109,270 | €136,616 | €122,333 | €142,301 | ▲ 16.3% |
| Amounts receivable within one year40/41 | €4,515 | €13,334 | €10,890 | €14,629 | €23,791 | ▲ 62.6% |
| Trade receivables40 | €199 | €13,334 | €10,890 | €12,465 | €21,627 | ▲ 73.5% |
| Other amounts receivable41 | €4,316 | - | - | €2,164 | €2,164 | = |
| Cash at bank and in hand54/58 | €10,330 | €7,332 | €42,138 | €73,761 | €58,377 | ▼ 20.9% |
| Deferred charges and accrued income490/1 | €255 | €234 | €244 | €256 | €272 | ▲ 6.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €137,082 | €149,103 | €206,372 | €220,108 | €250,754 | ▲ 13.9% |
| Equity10/15 | -€7,442 | €18,950 | €76,194 | €86,660 | €137,089 | ▲ 58.2% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | - | €17,950 | €75,194 | €85,660 | €136,089 | ▲ 58.9% |
| Distributable reserves133 | - | €17,950 | €75,194 | €85,660 | €136,089 | ▲ 58.9% |
| Profit (loss) carried forward14 | -€8,442 | - | - | - | - | - |
| Amounts payable17/49 | €144,524 | €130,153 | €130,178 | €133,448 | €113,664 | ▼ 14.8% |
| Amounts payable within one year42/48 | €144,524 | €130,097 | €129,244 | €133,448 | €113,664 | ▼ 14.8% |
| Trade debts44 | €17,110 | €4,543 | €6,425 | €4,836 | €2,415 | ▼ 50.1% |
| Suppliers440/4 | €17,110 | €4,543 | €6,425 | €4,836 | €2,415 | ▼ 50.1% |
| Taxes, remuneration and social security45 | - | €5,685 | €21,493 | €19,707 | €15,932 | ▼ 19.2% |
| Taxes450/3 | - | €5,685 | €21,493 | €19,707 | €15,932 | ▼ 19.2% |
| Other amounts payable47/48 | €127,414 | €119,869 | €101,326 | €108,906 | €95,317 | ▼ 12.5% |
| Accrued charges and deferred income492/3 | - | €57 | €935 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,442 | €26,392 | €57,244 | €40,466 | €70,429 | ▲ 74.0% |
| + Depreciation and write-downs630 | €3,382 | €4,512 | €7,651 | €7,720 | €4,929 | ▼ 36.2% |
| Operating cash flow (approximation) | -€5,060 | €30,904 | €64,895 | €48,186 | €75,358 | ▲ 56.4% |
| Investment in fixed assets (approximation) | - | -€9,983 | -€5,203 | -€364 | -€21,814 | ▼ 5,894% |
| Change in cash | - | -€2,998 | €34,806 | €31,624 | -€15,384 | ▼ 149% |
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
14-07
State Gazette act
General meeting · Director appointment
Permanent representative · Director in office
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €70,429 ▲74%
Operating result €95,086, net result €70,429, both a record.
31-12
Financial
Equity above €100,000Eq €137,089 ▲58.2%
4 profitable years in a row build equity to €137,089.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
17-04
State Gazette act
General meeting · Director appointment
Permanent representative
2022
31-12
Financial
Back to profitnet €26,392
Net result €26,392 after one loss-making year.
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB 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, Arendonk · 1 establishment unit since 2021
Ground area
1,139 m²
Building footprint
118 m²
Volume, LiDAR
732 m³
Parcel 13322D0664/00B000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kjes
since 20212.311.893.446
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13322D0664/00B000 | Flanders | 1,139 m² | 1 · 118 m² | 9.2 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.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
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Shareholding
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Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
10 locations
1 location
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Of 24,517 companies in sector 82990 we hold annual accounts for 9,421. 7,159 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
Founded08-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
82990Other business support services
43221Plumbing work
43230Insulation installation
43310Plastering work
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0761362502
Also
9925:BE0761362502
Registered
28-12-2025
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.