Equity
€1.4m ▲ 6.6%
KYZEN has made a profit without a break since 2020.
KYZEN
Lifetime
17 annual accounts with figures on one time axispeak €732,197 (2025)
€732,197▲ 15.6%
lowest -€517,322 (2009)
€87,230▼ 20.2%
peak €1.4m (2025)
€1.4m▲ 6.6%
€750,225▲ 76.2%
peak 3.5 FTE (2024)
3.1 FTE▼ 11.4%
Board1 name since 2008
1 director
Owners
consolidates
Documentsfilings and deeds
21-05-202671 days before the deadline
2025abbreviated format
Gross margin from €633,588 to €732,197Staff from 3.5 FTE to 3.1 FTEDebts from €425,839 to €750,225
Key points
from the 2025 annual accountsTurnover
≈ €3.7m estimated
The abbreviated format states no turnover.
Debts
€750,225 ▲ 76.2%
Debts rose by €324,386 in 2025.
Staff
3 employees on 31-12-2025
In 2025, nobody joined and 1 person left.
Liquidity
2.81 was 3.95 in 2024
Short-term debts rose from €413,381 to €727,884.
Filings
17 annual accounts since 2009
The last five annual accounts were filed 34 to 76 days before the end of the period.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 10,915 companies had the same profile as KYZEN has now. Each dot stands for 28 companies, two years later.
95.0%
were still trading
4.1%
stopped another way
0.7%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 10,915 companies, not a prediction for KYZEN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Permanent representatives: , and
Board meeting of 10-09-2024 · Gazette deed
Appointment: (director)
Permanent representative: · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 28-09-2020 · Gazette deed
Capital increase of €1,707,576.74 to €1,726,126.74
Capital from €18,550 to €1,726,126.74, 1,707,576 new shares · General meeting of 18-12-2019 · Gazette deed
Registered office moved from Maldegem to Aalter
New registered office: Zuidleiestraat 12 bus 0A, 9880 Aalter · Previous registered office: VLIEGPLEIN 14 B, 9990 MALDEGEM · Board meeting of 25-01-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KYZEN Aalter | €2.2m | €0.7m | 65.4% | 3.1 |
| DS Chemicals Antwerp | €2.2m | €0.8m | 70.2% | 2 |
| HaTwee Lichtervelde | €1.6m | €0.7m | 48.0% | 4.6 |
| EX & TRIC Zwevegem | €1.4m | €0.5m | 17.8% | 3.8 |
| RECUPLAST Comines-Warneton | €2.3m | €0.5m | 76.4% | 2 |
| I-COATS Antwerp | €2.9m | €1.4m | 40.3% | 2.8 |
| AERO-SENSE Roeselare | €2.3m | €0.6m | 43.5% | 6 |
These companies have the same main activity as KYZEN: wholesale of industrial chemicals (NACE 46851). They are comparable in size and age: total assets between €1.4m and €2.9m, founded between 2005 and 2010.
Official details
Source: KBO- Status
- Active since 08-05-2008Normal situation
- Activity
- Wholesale of industrial chemicalsNACE 46851and 2 others
- Joint committees
- 207White-collar workers in the chemical industry
- 116Chemical industry · annual accounts 2025
- Establishment unit
- 2.170.790.9129880 Aalter, since 08-05-2008
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €2.2m▲ 23.4%
- Employeeson 31-12-2025
- 3▼ 25.0%
- Filing
- Filed on 21-05-2026, 71 days before the end of the filing period
Insights on KYZEN
KYZEN files the abbreviated format. That format states no turnover. The gross margin rose from -€151,661 in 2009 to €732,197 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KYZEN
- What is the company number of KYZEN?
- The company number of KYZEN is 0897.813.192. The VAT number is the same number with BE in front: BE 0897.813.192.
- Where is KYZEN based?
- The registered office is at Zuidleiestraat 12, 9880 Aalter.Company details
- What does KYZEN do?
- According to the KBO register, the main activity is wholesale of industrial chemicals (NACE 46851).
- What is the legal form of KYZEN?
- KYZEN is a private limited company (BV).
- When was KYZEN founded?
- KYZEN was founded on 08-05-2008.
- Is KYZEN still active?
- Yes, KYZEN is an active enterprise in the KBO register.
- How many employees does KYZEN have?
- KYZEN had an average of 3.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does KYZEN fall under?
- In its 2025 annual accounts, KYZEN states joint committees 207 (White-collar workers in the chemical industry) and 116 (Chemical industry).
- What is the turnover of KYZEN?
- The turnover in financial year 2025 is ≈ €3.7m. This figure is estimated from the gross margin of €732,197 and 133 comparable companies (NACE 46). It probably lies between €2.4m and €6.3m.
- Is KYZEN profitable?
- In financial year 2025, KYZEN made a profit of €87,230.
- Where can I find the annual accounts of KYZEN?
- KYZEN filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KYZEN due?
- KYZEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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