KONE BELGIUM

Active

Public limited companyfounded 1988active for 37 yearsKoning Albert II-laan 4, 1000 Brussel, Belgium109 active companies are registered at this addressKBO/BCE: BE 0436.407.453

Summary

The computed 12-month bankruptcy probability of KONE BELGIUM is 1.5% (moderate). The 2025 annual accounts show equity of €15.5m and a net result of €13.5m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 383 sector peers (NACE 28, financial year 2025). The company has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

KONE BELGIUMActiveChecked score 63/100

Risk analysis Report Compare

Activity

Manufacture of machinery and equipment not elsewhere classified

NACE 28220Other construction installation NACE 43240

2nd largest company by total assets in the Brussels-Capital Region, Machinery and equipment sector7 sites

Size

€165.1mturnover 2025

Staff: 663.6 FTE
Equity: €15.5m
Profit: €13.5m

Financial health

63 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.5%

Structure

Parent: KONE OYJ · 100%
Holdings: 1

Auditor: Carlo-Sébastien D'Addario2025 accounts 29 days early21 of 72 deeds summarised

Why 63raises riskEquity €15.5m (15.6% of total assets)1 change of registered office in 24 monthsLiquidity: current ratio 1.96, cash €864,2371 of the last 3 lateShow the evidence

Checked score

Score 2025

63 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 38% of its sector peers (all companies)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 41+2

equity 15.6% of total assets

Liquidity 28+3

short-term debt 46.6% · cash 0.9%

Profitability 78+2

return on assets 13.5%

Bankruptcy probability, 12 months

1.5% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (16 companies, NACE 28, large)

Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025lowest value 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 1.0%▲ +0.2 percentage points vs 06-2025 08-2025: 1.3%▲ +0.3 percentage points vs 07-2025 09-2025: 1.5%▲ +0.2 percentage points vs 08-2025 10-2025: 2.0%▲ +0.5 percentage points vs 09-2025 11-2025: 1.0%▼ -1.0 percentage point vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 2.3%▲ +1.3 percentage points vs 04-2026 06-2026: 2.4%▲ +0.1 percentage points vs 05-2026 07-2026: 2.4%● unchanged vs 06-2026highest value 08-2026: 1.5%▼ -0.9 percentage points vs 07-2026 09-2026: 1.5%● unchanged vs 08-2026 10-2026: 1.5%● unchanged vs 09-2026

Credit of up to €950,000 on 30-day terms is acceptable

Liquidity ample (current ratio 1.96, compared with 1.87 in 2024, above the usual 1.5; short-term debt: 46.6% and cash: 0.9% of total assets), but 84.4% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (all companies): better than 25% on solvency, 25% on liquidity, 80% on profitability and 24% on growth.

The bankruptcy probability was computed on 25-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.

raises riskneutral

Equity €15.5m (15.6% of total assets)

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Liquidity: current ratio 1.96, cash €864,237

NBB · annual accounts

1 of the last 3 late

NBB · filings

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 383 sector peers (2025).

NBB · sector comparison

Position among 383 sector peers

Solvency

better than 15%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

29 days early

2024

57 days late

2023

7 days late

2022

120 days late

2021

50 days late

2020

40 days early

2019

35 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days after the deadline; the sector median (NACE 28) for financial year 2024 is 11 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 September (4 of the last 5 filed years within 70 days of that day).

Companies Code · seven months

Where today falls in the filing period

26-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

02-07-2026 Annual accounts filedfinancial year 2025 · full…
13-04-2026 Registered officeRegistered-office move · Power of…
12-03-2026 Resignation: Jérôme Audais (director)Appointment: Pierre-Gaël Chantereau (director) ·…

Key points

Positive: Among the best 5% on net resultsector median €151,759 · 383 companies €13.5m View
Board changedlatest change 12-03-2026 · 3 in office 2 joined · 2 left View
Positive: 8 profitable years in a rowprofit 2025: €13.5m 8 years View
Controlled by KONE OYJultimately: KONE CORPORATION OYJ 100% View
Branch transferred to KDB Belgiumcontribution on 05-08-2025 2025 View
EU supportawarded from 2021 to 2025 €4.7m View

By topic

Financials

Financial year: 2025
Turnover: €165.1m
Profit: €13.5m
Solvency: 15.6%

Turnover▼ 5.3%

Net result

20182025

Go to Financials

Board & ownership

Board: 3 members
Parent: KONE OYJ · 100%
Auditor: Carlo-Sébastien D'Addario

Christine Drewitt Le BorgneDirector
Mare RossaertDirector
Pierre-Gaël ChantereauDirector

Go to Board & ownership

Network & group

Group: KONE CORPORATION OYJ
Subsidiaries: 1
Connected companies: 1
Mergers and asset contributions: 1

1 subsidiary

Go to Network & group

Timeline

Events: 58
Since: 1990
Next accounts: by 31-07-2027

30-12-2025Resignation: David Vander Elst (director)
26-09-2025Annual accounts filed
18-09-2025Reappointment: Christine Drewitt Le Borgne (director)

Go to Timeline

Company details

Sites: 7

Legal form: Public limited company
Activity: Manufacture of machinery and equipment not elsewhere classifiedNACE 28220
Founded: 23-12-1988
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 3

Purpose: “De vennootschap heeft tot voorwerp de studie, de fabricatie, de verkoop en het onderhoud…” (deed in Dutch)

Go to Articles of association

Key facts about KONE BELGIUM

What is the company number of KONE BELGIUM?: 0436.407.453. In Belgium the VAT number is the company number with BE in front: BE 0436.407.453.
Where is KONE BELGIUM based?: The registered office is at Koning Albert II-laan 4, 1000 Brussel.Company details
What does KONE BELGIUM do?: According to the KBO register, the main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28220).
What is the legal form of KONE BELGIUM?: Public limited company (NV).
When was KONE BELGIUM founded?: On 23-12-1988.
Is KONE BELGIUM still active?: Yes, KONE BELGIUM is an active enterprise in the KBO register.
How many employees does KONE BELGIUM have?: On average 663.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of KONE BELGIUM?: €165.1m in financial year 2025, according to the filed annual accounts.
Is KONE BELGIUM profitable?: In financial year 2025, KONE BELGIUM made a profit of €13.5m.
Where can I find the annual accounts of KONE BELGIUM?: KONE BELGIUM filed 45 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KONE BELGIUM due?: By 31-07-2027, for financial year 2026.Timeline

Companies related to KONE BELGIUM

Go further with this company

How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check 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

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

Overview