Turnover
≈ €2.8m estimated
The abbreviated format states no turnover.
LSKW
Overview
Lifetime
1 annual account with figurespeak €1.0m (2025)
€1.0m
peak €649,594 (2025)
€649,594
peak €749,594 (2025)
€749,594
€1.2m
peak 1.6 FTE (2025)
1.6 FTE
Board2 names since 2025
2 directorsKEMEL Lieven and 1 other
Documentsfilings and deeds
27-07-20264 days before the deadline
2025abbreviated format
Incorporation 09-011 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€100,000 100 shares
Position in the sector
€649,594
Higher net result than 95% of companies in retail trade. Sector median €27,458 · 12,841 companies.
Checked score
90
Excellent
Financially stronger than 74% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,271 companies (NACE 47, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 1.8%
03-2026: 1.9%▲ +0.1 percentage points vs 02-2026
04-2026: 1.9%● unchanged vs 03-2026
05-2026: 2.3%▲ +0.4 percentage points vs 04-2026
06-2026: 2.3%● unchanged vs 05-2026
07-2026: 2.6%▲ +0.3 percentage points vs 06-2026highest value
08-2026: 0.3%▼ -2.3 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026lowest value
11-2026: 0.3%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2025
lowers risk
Liquidity: current ratio 2.84, cash €410,239
Figures for financial year 2025 (filed on 27-07-2026)
Size: 1.6 FTE, total assets €1.9m
Calculation
The band follows from the bankruptcy probability. 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 47, micro). It does better than 55% of them on solvency, 72% on liquidity and 96% on profitability.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as LSKW has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of LSKW itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 11,279 companies, not a prediction for LSKW. 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
Credit of up to €65,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 2.84, above the usual 1.5. Short-term debt is 28.9% and cash 21.6% of total assets. However, 60.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
4 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- KEMEL Luc Valère Livin 10 sharesdeed of 09-01-2025
- WALLYN Rita Ria 10 sharesdeed of 09-01-2025
- KEMEL Lieven 40 sharesdeed of 09-01-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1018317678
Incorporation
Founding capital of €100,000, 100 shares · Founders: KEMEL Luc Valère Livin, WALLYN Rita Ria, KEMEL Lieven and 1 other · Appointments: KEMEL Lieven (statutory director) and KEMEL Stefaan (statutory director) · published on 09-01-2025 · Gazette deed
First establishment
Kemel - Wallyn, Eernegemsestraat 25 A, Oudenburg
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| LSKW Oudenburg | €1.9m | €1.0m | 39.4% | 1.6 |
| AVEVE Oud-Turnhout Oud-Turnhout | €2.8m | €0.3m | 25.5% | 2.9 |
| HESCO Hoogstraten | €3.8m | €0.6m | 24.8% | 4.1 |
| Tuincentrum Verschoore Roeselare | €1.1m | €0.6m | 23.5% | 2.1 |
| TROPIFLORA SERVICES De Panne | €0.5m | €0.8m | 51.2% | - |
| AVEVE Poperinge Poperinge | €2.2m | €0.2m | 4.5% | 1.1 |
| AVEVE BRUSTEM Sint-Truiden | €0.8m | €0.2m | 4.0% | 3.2 |
These companies have the same main activity as LSKW: retail sale of flowers, plants, seeds and fertilisers (NACE 47761). They are comparable in size and age: total assets between €525,000 and €3.8m, founded between 2019 and 2023.
Official details
Source: KBO- Status
- Active since 07-01-2025Normal situation
- Activity
- Retail sale of flowers, plants, seeds and fertilisersNACE 47761and 4 others
- Establishment unit
- 2.368.528.6778460 Oudenburg, since 07-01-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 23-09-2025
Annual accounts 2025
- €1.0m
- €649,594
- €749,594
- €1.9m
- Employeeson 31-12-2025
- 3
- Filing
- Filed on 27-07-2026, 4 days before the end of the filing period
Insights on LSKW
LSKW has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €749,594 and a net result of €649,594.
Its solvency ranks better than 53% of 12,852 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
abbreviated format, filed on 27-07-2026, 4 days before the deadline€1.0m
€866,272
€649,594
€1.0m
39.4%
2.84
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €2.8m. Estimated: probably between €2.1m and €3.9m.
Balance sheet
balance sheet total €1.9m on 31-12-2025What the company ownsHow it is paid for
Position in the sector
39.4%
Higher than 53% of 12,852 companies in 2025.
2.84
Higher than 76% of 12,642 companies in 2025.
34.2%
Higher than 95% of 12,716 companies in 2025.
LSKW
Middle half of the sector
80% of the sector
Abbreviated accounts in retail trade (NACE 47)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: middle half
Staff
€47,350
Staff costs divided by the average number of full-time equivalents.
+3 people
people who joined
people who left
In 2025, 3 people joined and nobody left.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
1.9m | |
21/28 |
344,498 | |
21 |
179,475 | |
22/27 |
165,023 | |
23 |
92,230 | |
24 |
72,793 | |
29/58 |
1.6m | |
3 |
837,519 | |
30/36 |
837,519 | |
40/41 |
293,130 | |
40 |
260,626 | |
41 |
32,503 | |
54/58 |
410,239 | |
490/1 |
14,785 | |
| Balance sheet: equity and liabilities | ||
10/49 |
1.9m | |
10/15 |
749,594 | |
10/11 |
100,000 | |
14 |
649,594 | |
17/49 |
1.2m | |
17 |
600,000 | |
178/9 |
600,000 | |
42/48 |
548,577 | |
44 |
95,323 | |
440/4 |
95,323 | |
46 |
6,615 | |
45 |
244,202 | |
450/3 |
230,871 | |
454/9 |
13,331 | |
47/48 |
202,436 | |
492/3 |
2,000 | |
| Income statement | ||
76A |
202 | |
9900 |
1.0m | |
62 |
75,759 | |
630 |
97,836 | |
640/8 |
2,109 | |
66A |
2,575 | |
9901 |
866,272 | |
75/76B |
1,939 | |
75 |
1,939 | |
65/66B |
1,445 | |
65 |
1,445 | |
9903 |
866,765 | |
67/77 |
217,171 | |
9904 |
649,594 | |
9905 |
649,594 | |
| Appropriation of the result | ||
9906 |
649,594 | |
| Social balance sheet | ||
9087 |
1.6 | |
Hours worked1013 |
2,657 | |
| Document | ||
The notes to these accounts have 15 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 27-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 27-07-2026 | 2026-00334305 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 964,108 | ||
| 747,430 | ||
| 442,334 | ||
| 1.0m | ||
| 39.4% | ||
| 2.84 | ||
| 1.31 | ||
| 1.53 | ||
| 86.7% | ||
| 34.2% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 3 |
| full-time | 1 |
| part-time | 2 |
| in full-time equivalents | 1.5 |
| 1.6 | |
| On a permanent contract | 3 |
| Joined | 3 |
| Left | 0 |
Source: social balance sheet in the 2025 annual accounts
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €242,917 |
| Intangible fixed assets | €199,417 |
| €97,836 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on LSKW
Debt's share of the balance-sheet total is 60.6%.
Board & ownership
Board
2 directors, since incorporationStatutory director
appointed by deed of 09-01-2025
term for the life of the company
listed in the 2025 annual accounts, filed on 27-07-2026
Statutory director
appointed by deed of 09-01-2025
term for the life of the company
listed in the 2025 annual accounts, filed on 27-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 09-01-2025
Mandates through the years
2 names, the dashed line is todayKEMEL Lieven
Statutory director
Statutory director
KEMEL Stefaan
Statutory director
Statutory director
Board
Mandates as a list
- KEMEL Lieven
- Statutory director, appointed by deed of 09-01-2025, still in office
- KEMEL Stefaan
- Statutory director, appointed by deed of 09-01-2025, still in office
Control
This company
LSKW
Equity €749,594
Profit €649,594 in 2025
Capital
- Contribution
- €100,000
- Shares
- 100
- Contribution per share
- €1,000
- Equity per share
- €7,496 in 2025
- Source
- deed of 09-01-2025
Articles of association
deed of 09-01-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Onbeperkt, slechts om gewichtige redenen mits statutenwijziging bij besluit algemene vergadering met unanimiteit”“Algemene kosten los van representatie-,reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan niet ten kosteloze titel”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Wednesday of June at 10:00
Shareholders
At incorporation
deed of 09-01-2025 ↗
- KEMEL Luc Valère Livin 10 shares (10%) · €10,000
- WALLYN Rita Ria 10 shares (10%) · €10,000
- KEMEL Lieven 40 shares (40%) · €40,000
- KEMEL Stefaan 40 shares (40%) · €40,000
Network & group
No group
LSKW has no parent and no holdings in its annual accounts. LSKW shares no director with another company.
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBabbreviated format · 4 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1018317678
IncorporationFounding capital of €100,000, 100 shares · Founders: KEMEL Luc Valère Livin, WALLYN Rita Ria, KEMEL Lieven and 1 other · Appointments: KEMEL Lieven (statutory director) and KEMEL Stefaan (statutory director) · published on 09-01-20258 points ▸
- Founder, KEMEL Luc Valère Livin
- Founder, WALLYN Rita Ria
- Founder, KEMEL Lieven
- Founder, KEMEL Stefaan
- Founding capital, €100,000, 100 shares
- Director appointment, KEMEL Lieven (statutory director)
- Director appointment, KEMEL Stefaan (statutory director)
- Registered office clause, Oudenburg (Westkerke), Eernegemsestraat 25A
- The deed holds 1 more point.
First establishment Kemel - Wallyn, Eernegemsestraat 25 A, Oudenburg
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1018.317.678
- VAT number
- BE 1018.317.678
- Peppol ID
- 0208:1018317678
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 07-01-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Wednesday of June at 10:00deed of 09-01-2025 (in Dutch)
- Peppol
- Reachable since 23-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- LSKW in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 09-01-2025 (in Dutch)
Activities
NACEBEL 2025VAT activities
47761
Retail sale of flowers, plants, seeds and fertilisers main activity
Social security (RSZ) activities
47762
Retail sale of pets, pet food and pet supplies main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het beheer van een eigen onroerend vermogen,omvattend:het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen zowel…”deed of 09-01-2025 (in Dutch)
14 activities
- Het beheer van een eigen onroerend vermogen,omvattend:het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen zowel in binnen- als buitenland;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten in de meest ruime zin;het aan- en verkopen in zowel volle eigendom als in vruchtgebruik en/of blote eigendom,ruilen,(doen)bouwen,(doen)verbouwen,onderhouden,verhuren,huren,ter beschikking stellen,verkavelen,prospecteren en uitbaten van onroerende goederen;het ontwerpen en opvolgen van projecten en het maken van studies met betrekking tot immobiliën
- Verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen
- Het aanvragen van patenten,octrooien of andere intellectuele eigendomsrechten op de door haar ontwikkelde scheppingen,uitvindingen,methodes,strategieën en analyses
- De groot – en kleinhandel,import en export van planten,bloemen,zaden,tuingereedschap en hun toebehoren
- Distributie van veehouderij- en akkerbouwproducten,alsmede alle verhandeling en behandeling van alle land- en tuinbouwproducten en dit in de ruimste zin van het woord
- In- en uitvoer,groot- en kleinhandel in vee- en hobbyvoeders,tuinartikelen,organische meststoffen,kunstmeststoffen,sproeistoffen,grondverbeteringsmiddelen,artikelen voor grote,kleine huisdieren en sierdieren,onderhoudsproducten,verpakte potgrond,land- en tuinbouwzaden,pootgoed,aardappelen,granen,stro
- Groot– en kleinhandel in decoratie en seizoensartikelen,huishoudelijke artikelen en elektrotoestellen,speeltuigen
- De kwekerij van planten
- De verkoop van serres
- Groot- en kleinhandel in bloemen,planten zowel levende,gedroogd als kunstmatig,of op welke wijze ook geconditioneerd
- Groot- en kleinhandel in tuinbenodigdheden,tuinmeubelen,tuinverlichting,verkoop en plaatsing van tuinafsluitingen,schutsels,poorten,hekkens,in eender welk materiaal,ornamenten en tuinversieringen,vijvers,zwembaden,benodigdheden voor vijvers en zwembaden,bomen,heesters,snijbloemen
- De handel in alle producten voor de voeding,behuizing,hygiëne en verzorging van dieren
- Groot- en kleinhandel van alle soorten dieren,waaronder grote en kleine huisdieren,vissen en knaagdieren
- Verhuur van landbouwmachines
Registered office and establishments
1 establishment| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Kemel - Wallyn registered office Eernegemsestraat 25 A, 8460 Oudenburg | 07-01-2025 | 2.368.528.677 | Manufacturer of compound fertilizers Dealer’s premises - poultry Retailer of food >3 months Retailer of pesticides Retailer of petfood Retailer of feed materials Wholesaler of fertilizers |
Buildings and parcels at the address
- Ground area
- 3,103 m²
- Buildings
- 1,297 m²
- Volume, LiDAR
- 1 m³
- Tallest building
- 0.1 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 35023B0353/00V002 | 3,103 m² | 1 · 1,297 m² | 0.1 m |
Recognitions
Food safety, FASFC
1 siteOudenburgunit number 2.368.528.677