KOEN KENIS
ActiveThe computed 12-month bankruptcy probability of KOEN KENIS is 2.5% (moderate). The 2024 annual accounts show equity of €82k and a net result of €63k. Equity is growing by ~218.3% per year across the filed fiscal years. Its solvency ranks better than 53% of 36373 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+13
Solvency74▲+35
Growth78=
Track record94
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 1.08 in 2023; short-term debt: 32.1% and cash: 8% of total assets), but 50.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 06-08-2025, 6 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 filingsDeviation from the deadline
2025
not confirmed
2024
6 d late
2023
34 d early
2022
30 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€82k▲ 330%
2023 · €19k
2022: €-1k
2023: €19k
2022 → 2024
Total assets
€165k▲ 21.6%
2023 · €136k
2022: €121k
2023: €136k
2022 → 2024
Net result
€63k▲ 210%
2023 · €20k
2022: €-7k
2023: €20k
2022 → 2024
Working capital
€53k▲ 687%
2023 · €7k
2022: €-10k
2023: €7k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€-1k-€19k€82k▲ 330%
Operating result€-7k-€27k€79k▲ 189%
Net result€-7k-€20k€63k▲ 210%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 189% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €165k
Fixed assets
€59k▲ 38.5%
Current assets
€106k▲ 13.8%
Equity and liabilities €165k
Equity
€82k▲ 330%
Debt
€83k▼ 28.6%
The debt ratio falls from 86.0% to 50.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€112k▲
2023 · €49k
Cash flow
€95k▲
2023 · €42k
Solvency
49.5%▲
2023 · 14.0%
Current ratio
2.00▲
2023 · 1.08
Quick ratio
1.87▲
2023 · 0.20
Debt / equity
1.02▼
2023 · 6.15
ROE
76.7%▼
2023 · 106.6%
ROA
38.0%▲
2023 · 14.9%
Interest coverage
46.16▲
2023 · 28.53
Debt
€83k▼
2023 · €117k
Debt ≤ 1 year
€53k▼
2023 · €86k
Debt > 1 year
€30k▲
2023 · €30k
Income taxes
€15k▲
2023 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€136k€165k▲
Fixed assets21/28€43k€59k▲
Tangible fixed assets22/27€43k€59k▲
Plant, machinery and equipment23€28k€37k▲
Furniture and vehicles24€15k€22k▲
Current assets29/58€93k€106k▲
Stocks and contracts in progress3€76k€7k▼
Stocks30/36€76k€7k▼
Amounts receivable within one year40/41€12k€83k▲
Trade receivables40€3k€47k▲
Other amounts receivable41€8k€36k▲
Cash at bank and in hand54/58€4k€13k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€136k€165k▲
Equity10/15€19k€82k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€13k€76k▲
Amounts payable17/49€117k€83k▼
Amounts payable after more than one year17€30k€30k▲
Financial debts170/4€30k€30k▲
Amounts payable within one year42/48€86k€53k▼
Current portion of amounts payable after more than one year42€11k€19k▲
Financial debts43€70k€0▼
Other loans439€70k€0▼
Trade debts44€5k€16k▲
Suppliers440/4€5k€16k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€714€18k▲
Taxes450/3€714€15k▲
Remuneration and social security454/9-€3k
Income statement
Code20232024
Non-recurring operating income76A-€33k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€33k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€51k€114k▲
Operating profit (loss)9901€27k€79k▲
Financial income75/76B€272€597▲
Recurring financial income75€272€597▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€26k€77k▲
Income taxes67/77€6k€15k▲
Profit (loss) for the period9904€20k€63k▲
Profit (loss) for the period to be appropriated9905€20k€63k▲
Appropriation of the result
Profit (loss) to be appropriated9906€13k€76k▲
Profit (loss) brought forward from the previous period14P€-7k€13k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
2024
31-12
Financial
Highest result since 2022net €63k ▲210%
Operating result €79k, net result €63k, both a record.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brecht · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Heihoefke 312960 BrechtGround area
1.4 ha
Parcel 11043D0612/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
KOEN KENIS
since 20222.327.550.335
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11043D0612/00C000 | Flanders | 1.4 ha | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrecht2.327.550.335
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BE 0885.589.214
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BE 0877.450.221
Deinze · Eq €82k
Lambrecks Algemene Werken
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Bree · Eq €82k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,684 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-02-2022
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
10711Manufacture of food products
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.