Koinon

Active

Public limited companyfounded 201213 yrs activeKasteeldreef 1, 8890 Moorslede, BelgiumKBO/BCE: BE 0508.995.226

Summary

Koinon has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €217.4m and a net result of €448,894. Equity remains stable across the filed fiscal years (±2% per year). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch Report Compare

KoinonActiveChecked score 84/100

Risk analysis Report Compare

Activity

Market research and public opinion polling

NACE 73200Renting and operating of own or leased residential real estate, excluding social housing NACE 68201

#1 company by total assets in Moorslede1 site

Size

€979,601turnover 2024

Staff: 1.7 FTE
Equity: €217.4m
Profit: €448,894

Financial health

84 Excellent Checked score 2024

Bankruptcy chance 12 m: 0.4%

Structure

Holdings: 5

Accounts 35 d early0 of 15 deeds read

Why 84- Figures for FY 2024 (filed 25-06-2025)+ Equity €217.4m (99.9% of total assets)+ Size: turnover €979,601, 1.7 FTE, total assets €217.7m, files consolidated accounts+ Founded in 2012Show the evidence

Checked score

Score 2024

84 / 100

Excellent

Probability in this band: under 0.55%

Better than 52% of its sector peers (NACE 73, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2023

Average

Solvency 100=

equity 99.9% of total assets

Liquidity 55=

short-term debt 0.1% · cash 4.0%

Profitability 13-1

return on assets 0.2%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,109 companies)

Last 5 months 06-2026: 0.1%lowest value 07-2026: 0.1%▲ +19.7% vs 06-2026 08-2026: 0.1%▲ +100% vs 07-2026 09-2026: 0.2%▲ +31.5% vs 08-2026 10-2026: 0.4%▲ +98.4% vs 09-2026highest value

Figures for FY 2024 (filed 25-06-2025) raises the probability
Equity €217.4m (99.9% of total assets) lowers the probability
Size: turnover €979,601, 1.7 FTE, total assets €217.7m, files consolidated accounts lowers the probability for this profile
Founded in 2012 lowers the probability for this profile

Credit up to €95,000 at 30 days acceptable

short-term debt: 0.1% and cash: 4% of total assets, and 0.1% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 73, micro). Better than this share of them on solvency 87%, liquidity 46%, profitability 17%, growth against the median 59%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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

Figures for FY 2024 (filed 25-06-2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Equity €217.4m (99.9% of total assets)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Size: turnover €979,601, 1.7 FTE, total assets €217.7m, files consolidated accounts

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Founded in 2012

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-06-2026, 35 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

35 d early

2024

37 d early

2023

14 d early

2022

16 d early

2021

18 d early

2020

1 d early

← 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 20 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)

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 13 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

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

31-07-26 Annual accounts filedfiscal year 2025 · consolidated
26-06-26 Annual accounts filedfiscal year 2025 · full…
24-06-26 General meeting · Director reappointmentPermanent representative · Director appointment

Key points

Caution: Result fell in 2024from €3.1m to €448,894 ▼ 85.3% View
Positive: Company by total assets in Moorsledein the Checked rankings #1 View
Positive: 4 years of growth in a rowturnover 2024: €979,601 4 years View
Heads a groupcompanies controlled 4 View
Positive: Always filed on timeaccounts within the deadline every year 6 years View