Equity
€679,587 from €2.2m in 2017
Equity fell by 69% in 8 years.
NOEL KINDT
Lifetime
19 annual accounts with figures on one time axis, 34 filings since 1992Gross marginpeak €233,097 (2013)
€21,732▲ 359%
Resultlowest -€42,619 (2007)
-€25,933▼ €2,031
Equitypeak €2.2m (2017)
€679,587▼ 3.7%
Debts
€339,041▼ 0.6%
Board2 names since 2007
2 directorsKINDT Noël and 1 other
Documentsfilings and deeds
12-02-202612 days late
2025micro format
Gross margin from €4,731 to €21,732Loss of €25,933
Key points
from the 2025 annual accountsLosses
-€165,413 in eight years
Every financial year from 2018 to 2025 closed with a loss. 2018 was the heaviest.
Turnover
≈ €170,000 estimated
The micro format states no turnover.
2025 accounts filed 12 days after the deadline
Checked score
93
Excellent
Financially stronger than 41% of micro companies without a NACE code
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025lowest value
03-2025: < 0.1%● unchanged vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025lowest value
05-2025: < 0.1%● unchanged vs 04-2025lowest value
06-2025: < 0.1%● unchanged vs 05-2025lowest value
07-2025: < 0.1%● unchanged vs 06-2025lowest value
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: 0.1%▲ +0.1 percentage points vs 01-2026highest value
03-2026: < 0.1%▼ -0.1 percentage points vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
No main activity registered
lowers risk
Size: total assets €1.0m
Liquidity: current ratio 2.39, cash €229,218
Equity €679,587 (66.7% of total assets)
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 (no NACE code, micro). It does better than 56% of them on solvency, 60% on liquidity, 15% on profitability and 33% on growth.
The bankruptcy probability was computed on 05-11-2026 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 30-06-2025.
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, 8,617 companies had the same profile as NOEL KINDT has now. Each dot stands for 22 companies, two years later.
94.1%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of NOEL KINDT itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 8,617 companies, not a prediction for NOEL KINDT. 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 €60,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.39 (2.41 in 2024), above the usual 1.5. Short-term debt is 33.3% and cash 22.5% of total assets. 33.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€25,933
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-02-2026, 12 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
12 days late
2024
4 days early
2023
30 days early
2022
28 days early
2021
27 days early
2020
26 days early
2019
28 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 19 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 4 January (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end06-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0445094495
2 directors resigning, 2 reappointments
Resignations: KINDT Noël and VERMOERE Mireille · Reappointments: KINDT Noël and VERMOERE Mireille · General meeting of 31-12-2023 · Gazette deed
First establishment
NOEL KINDT NV, Koningin Fabiolastraat 51, Wevelgem
Incorporation
published on 05-10-1991 · Gazette deed
Official details
Source: KBO- Status
- Active since 11-09-1991Normal situation
- Activity
- “Het verwerven en beheren van participaties in vennootschappen;” (deed in Dutch)From the articles, 6 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.056.271.8218560 Wevelgem, since 21-02-1992
- Financial year end
- 30 June
- Peppol
- Reachable since 31-03-2026
Insights on NOEL KINDT
NOEL KINDT files the micro format. That format states no turnover. The gross margin fell from €27,493 in 2007 to €21,732 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 NOEL KINDT
- What is the company number of NOEL KINDT?
- The company number of NOEL KINDT is 0445.094.495. The VAT number is the same number with BE in front: BE 0445.094.495.
- Where is NOEL KINDT based?
- The registered office is at Koningin Fabiolastraat 51, 8560 Wevelgem.Company details
- What is the legal form of NOEL KINDT?
- NOEL KINDT is a public limited company (NV).
- When was NOEL KINDT founded?
- NOEL KINDT was founded on 11-09-1991.
- Is NOEL KINDT still active?
- Yes, NOEL KINDT is an active enterprise in the KBO register.
- What is the turnover of NOEL KINDT?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €21,732 and 6,304 comparable companies of the same size. It probably lies between €76,000 and €400,000. It is a rough estimate.Financials
- Is NOEL KINDT profitable?
- In financial year 2025, NOEL KINDT made a loss of €25,933.
- Where can I find the annual accounts of NOEL KINDT?
- NOEL KINDT filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of NOEL KINDT due?
- NOEL KINDT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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