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Kyndryl Belgium

Active
Private limited companyfounded 2021active for 5 yearsCulliganlaan 5, 1831 Machelen (Brab.), Belgium53 active companies are registered at this addressKBO/BCE: BE 0764.299.028
Summary

The computed 12-month bankruptcy probability of Kyndryl Belgium is 1.9% (moderate). The 2026 annual accounts show equity of €40.3m and a net result of €7.5m. Equity is growing by about 40% per year across the filed financial years. Its solvency ranks better than 29% of 43 sector peers (NACE 62, financial year 2026). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

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Kyndryl BelgiumActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Activity
Computer programming
NACE 62100Computing infrastructure, data processing, hosting and related activities NACE 63100
4th largest company by total assets in Machelen, Telecoms and IT sector4 sites
Size
€213.9mturnover 2026
Staff
163.3 FTE
Equity
€40.3m
Profit
€7.5m
Financial health
55 Fair Checked score 2026
Bankruptcy probabilitywithin 12 months
1.9%
Structure
Parent
KYNDRYL HOLDINGS, INC.
Auditor: BV PwC Bedrijfsrevisoren2026 accounts 24 days early8 of 28 deeds summarised
Why 55raises risk2 changes of registered office in 24 monthsLiquidity: current ratio 1.11lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: turnover €213.9m, 163.3 FTE, total assets €167.1mShow the evidence

Checked score

Score 2026
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 58% of its sector peers (NACE 62, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2025
Strong
Solvency 49+1
equity 24.1% of total assets
Liquidity 70+35
short-term debt 34.3%
Profitability 77-12
return on assets 4.5%
Bankruptcy probability, 12 months
1.9% Moderate
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.1% (206 companies, NACE 62, medium-sized)
Last 24 months 11-2024: 3.8%highest value 12-2024: 3.3%▼ -0.5 percentage points vs 11-2024 01-2025: 3.3%● unchanged vs 12-2024 02-2025: 3.3%● unchanged vs 01-2025 03-2025: 3.3%● unchanged vs 02-2025 04-2025: 3.3%● unchanged vs 03-2025 05-2025: 3.2%▼ -0.1 percentage points vs 04-2025 06-2025: 3.3%▲ +0.1 percentage points vs 05-2025 07-2025: 3.2%▼ -0.1 percentage points vs 06-2025 08-2025: 3.3%▲ +0.1 percentage points vs 07-2025 09-2025: 0.8%▼ -2.5 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.4%▼ -0.4 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.3%▼ -0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026lowest value 07-2026: 0.4%▲ +0.1 percentage points vs 06-2026 08-2026: 2.0%▲ +1.6 percentage points vs 07-2026 09-2026: 2.1%▲ +0.1 percentage points vs 08-2026 10-2026: 1.9%▼ -0.2 percentage points vs 09-2026
Credit of up to €2,200,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.11, compared with 0.97 in 2025, below the usual 1.5; short-term debt: 34.3% of total assets), and 75.9% 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 (NACE 62, medium-sized): better than 38% on solvency, 89% on liquidity, 74% on profitability and 32% on growth.

The bankruptcy probability was computed on 30-10-2026 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).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · Liquidity: current ratio 1.11
NBB · annual accounts
lowers risk · Size: turnover €213.9m, 163.3 FTE, total assets €167.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 07-10-2026, 24 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2026
24 days early
2025
21 days early
2024
18 days late
2023
83 days late
2021
313 days late
← 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 74 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 October (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · full…
  2. Registered officeRegistered-office move
  3. Annual accounts filedfinancial year 2025 · full…

Key points

  • Caution: Result fell in 2026from €21.7m to €7.5m ▼ 65.3% View
  • Positive: Among the best 5% on net resultsector median €257,768 · 43 companies €7.5m View
  • Controlled by KYNDRYL HOLDINGS, INC.ultimately: Kyndryl Inc parent View

By topic

Financials

Financial year
2026
Turnover
€213.9m
Profit
€7.5m
Solvency
24.1%
Turnover▲ 2.0%
Net result
20212026
Go to Financials

Timeline

Events
17
Since
2022
Next accounts
by 31-10-2027
  1. 10-10-2025Annual accounts filed
  2. 12-09-2025Reappointment: PwC Bedrijfsrevisoren BV (statutory auditor)
  3. 31-03-2025Back to profit
Go to Timeline

Company details

Sites
4
Legal form
Private limited company
Activity
Computer programmingNACE 62100
Founded
24-02-2021
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Kyndryl Belgium

What is the company number of Kyndryl Belgium?
0764.299.028. In Belgium the VAT number is the company number with BE in front: BE 0764.299.028.
Where is Kyndryl Belgium based?
The registered office is at Culliganlaan 5, 1831 Machelen (Brab.).Company details
What does Kyndryl Belgium do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of Kyndryl Belgium?
Private limited company (BV).
When was Kyndryl Belgium founded?
On 24-02-2021.
Is Kyndryl Belgium still active?
Yes, Kyndryl Belgium is an active enterprise in the KBO register.
How many employees does Kyndryl Belgium have?
On average 163.3 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of Kyndryl Belgium?
€213.9m in financial year 2026, according to the filed annual accounts.
Is Kyndryl Belgium profitable?
In financial year 2026, Kyndryl Belgium made a profit of €7.5m.
Where can I find the annual accounts of Kyndryl Belgium?
Kyndryl Belgium filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of Kyndryl Belgium due?
By 31-10-2027, for financial year 2027.Timeline

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