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QUICK KIP

Active
Private limited companyfounded 2022active for 4 yearsKazerneweg(KRU) 15, 9770 Kruisem, BelgiumKBO/BCE: BE 0784.865.206

From the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

QUICK KIP has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €109,824 and a net result of €53,799. Equity has been growing by about 4.3% per year since 2023. Its solvency ranks better than 28% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed 39 days after the deadline Filed on 8 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00508592.

Latest annual accounts filed

Annual accounts 2025

View at the NBB
Financial year ended
31-12-2025
Filed on
08-09-2026
Format
micro format
Reference
2026-00508592
Turnover
≈ €1.3m
Estimated: probably between €560,000 and €2.3m
Total assets
€966,521▲ 31.0%
2024 · €737,945
Net result
€53,799▼ 19.3%
2024 · €66,656
Working capital
€42,708▼ 34.1%
2024 · €64,803
Trend over the years

2023 to 2025, 3 financial years

The operating result for 2025 is 20% lower than in 2024 and the lowest since 2023. It is the second fall in a row.

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Operating result€69,081 2025 Net result€53,799 2025

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€144,278-€86,219▼ 40.2%€69,081▼ 19.9%
Net result€115,344above the sector's middle half-€66,656above the sector's middle half▼ 42.2%€53,799above the sector's middle half▼ 19.3%
Equity€100,344within the sector's middle half-€117,000within the sector's middle half▲ 16.6%€109,824within the sector's middle half▼ 6.1%
Total assets€639,483above the sector's middle half-€737,945above the sector's middle half▲ 15.4%€966,521above the sector's middle half▲ 31.0%
Debt€539,139-€620,944▲ 15.2%€856,698▲ 38.0%
Working capital€42,568within the sector's middle half-€64,803within the sector's middle half▲ 52.2%€42,708within the sector's middle half▼ 34.1%
Solvency15.7%within the sector's middle half-15.9%within the sector's middle half▲ 0.2pp11.4%within the sector's middle half▼ 4.5pp
Current ratio1.08within the sector's middle half-1.10within the sector's middle half▲ 0.031.05within the sector's middle half▼ 0.05
Return on assets (ROA)18.0%above the sector's middle half-9.0%within the sector's middle half▼ 9.0pp5.6%within the sector's middle half▼ 3.5pp
Staff (FTE)0.81.8▲ 125%
above within below The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €966,521
Fixed assets €67,116 ▲ 28.6%
Current assets €899,406 ▲ 31.2%
Equity and liabilities €966,521
Equity €109,824 ▼ 6.1%
Debt €856,698 ▲ 38.0%
Debt's share of the balance-sheet total rises from 84.1% to 88.6%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€99,378▼
2024 · €114,035
Cash flow
€84,096▼
2024 · €94,472
Debt to equity
7.80▲
2024 · 5.31
ROE
49.0%▼
2024 · 57.0%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€856,698▲
2024 · €620,944
Income taxes
€16,113▼
2024 · €19,670
Staff costs
€53,431▲
2024 · €23,389
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Companies with the same profile, two years later

Historical observation

In July 2024, 7,976 companies had the same profile as QUICK KIP has now. Two years later, 3.6% had gone bankrupt and 94.3% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% was still going

Another 0.3% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of QUICK KIP itself: 1.4% within 12 months.

Test of the method

The method was tested on the 497,445 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 7,976 companies, not a prediction for QUICK KIP. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines

Source: Annual accounts 2025 at the NBB, filed on 08-09-2026.

Balance sheet Code20242025
Assets
Total assets20/58€737,945€966,521▲
Fixed assets21/28€52,197€67,116▲
Tangible fixed assets22/27€52,197€67,116▲
Plant, machinery and equipment23€2,337€3,849▲
Furniture and vehicles24€49,860€59,529▲
Other tangible fixed assets26-€3,737
Current assets29/58€685,748€899,406▲
Amounts receivable within one year40/41€650,654€730,360▲
Trade receivables40€632,861€701,325▲
Other amounts receivable41€17,793€29,035▲
Cash at bank and in hand54/58€35,093€169,046▲
Equity and liabilities
Total equity and liabilities10/49€737,945€966,521▲
Equity10/15€117,000€109,824▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14€112,000€104,824▼
Amounts payable17/49€620,944€856,698▲
Amounts payable within one year42/48€620,944€856,698▲
Trade debts44€505,782€672,862▲
Suppliers440/4€505,782€672,862▲
Advances received on contracts in progress46-€349
Taxes, remuneration and social security45€75,163€67,290▼
Taxes450/3€70,828€55,858▼
Remuneration and social security454/9€4,335€11,432▲
Other amounts payable47/48€40,000€116,196▲
Income statement Code20242025
Remuneration, social security and pensions62€23,389€53,431▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27,816€30,297▲
Other operating charges640/8€1,580€5,033▲
Gross operating margin9900€139,004€157,842▲
Operating profit (loss)9901€86,219€69,081▼
Financial income75/76B€721€1,075▲
Recurring financial income75€721€1,075▲
Financial charges65/66B€614€244▼
Recurring financial charges65€614€244▼
Profit (loss) for the period before taxes9903€86,326€69,912▼
Income taxes67/77€19,670€16,113▼
Profit (loss) for the period9904€66,656€53,799▼
Profit (loss) for the period to be appropriated9905€66,656€53,799▼
Appropriation of the result
Profit (loss) to be appropriated9906€162,000€165,799▲
Profit (loss) brought forward from the previous period14P€95,344€112,000▲
Profit to be distributed694/7€50,000€60,976▲
Return on contributions (dividend)694€50,000€60,976▲

The notes to these accounts have 5 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.

Line202320242025Change
Remuneration, social security and pensions62-€23,389€53,431▲ 128%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,341€27,816€30,297▲ 8.9%
Other operating charges640/8€10,932€1,580€5,033▲ 219%
Gross operating margin9900€171,551€139,004€157,842▲ 13.6%
Operating profit (loss)9901€144,278€86,219€69,081▼ 19.9%
Financial income75/76B€30€721€1,075▲ 49.2%
Recurring financial income75€30€721€1,075▲ 49.2%
Financial charges65/66B€990€614€244▼ 60.2%
Recurring financial charges65€990€614€244▼ 60.2%
Profit (loss) for the period before taxes9903€143,318€86,326€69,912▼ 19.0%
Income taxes67/77€27,974€19,670€16,113▼ 18.1%
Profit (loss) for the period9904€115,344€66,656€53,799▼ 19.3%
Profit (loss) for the period to be appropriated9905€115,344€66,656€53,799▼ 19.3%
Line202320242025Change
Assets
Total assets20/58€639,483€737,945€966,521▲ 31.0%
Fixed assets21/28€57,776€52,197€67,116▲ 28.6%
Tangible fixed assets22/27€57,776€52,197€67,116▲ 28.6%
Plant, machinery and equipment23-€2,337€3,849▲ 64.7%
Furniture and vehicles24€57,776€49,860€59,529▲ 19.4%
Other tangible fixed assets26--€3,737-
Current assets29/58€581,707€685,748€899,406▲ 31.2%
Amounts receivable within one year40/41€461,070€650,654€730,360▲ 12.3%
Trade receivables40€460,750€632,861€701,325▲ 10.8%
Other amounts receivable41€320€17,793€29,035▲ 63.2%
Cash at bank and in hand54/58€120,637€35,093€169,046▲ 382%
Equity and liabilities
Total equity and liabilities10/49€639,483€737,945€966,521▲ 31.0%
Equity10/15€100,344€117,000€109,824▼ 6.1%
Contributions10/11€5,000€5,000€5,000=
Profit (loss) carried forward14€95,344€112,000€104,824▼ 6.4%
Amounts payable17/49€539,139€620,944€856,698▲ 38.0%
Amounts payable within one year42/48€539,139€620,944€856,698▲ 38.0%
Trade debts44€438,629€505,782€672,862▲ 33.0%
Suppliers440/4€438,629€505,782€672,862▲ 33.0%
Advances received on contracts in progress46--€349-
Taxes, remuneration and social security45€46,817€75,163€67,290▼ 10.5%
Taxes450/3€41,817€70,828€55,858▼ 21.1%
Remuneration and social security454/9€5,000€4,335€11,432▲ 164%
Other amounts payable47/48€53,693€40,000€116,196▲ 190%
Line202320242025Change
Profit (loss) for the period9904€115,344€66,656€53,799▼ 19.3%
+ Depreciation and write-downs630€16,341€27,816€30,297▲ 8.9%
Operating cash flow (approximation)€131,685€94,472€84,096▼ 11.0%
Investment in fixed assets (approximation)--€22,237-€45,216▼ 103%
Change in cash--€85,543€133,952-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference Document
31-12-2025 micro format 08-09-2026 2026-00508592 NBB
31-12-2024 micro format 19-11-2025 2025-00569423 PDF
31-12-2023 micro format 14-12-2024 2024-00616030 PDF

Comparable companies

These companies have the same main activity as QUICK KIP: wholesale trade (NACE 46322). They are comparable in size and age: total assets between €345,000 and €2.7m, founded between 2019 and 2021.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
QUICK KIP Kruisem2022€1.0m€0.1m€0.2m€0.05m-2025
Le Petit Chasseur Diksmuide2021€0.9m€0.1m€0.3m€0.1m3.52025
Melgen België Evergem2021€1.2m€0.04m€0.4m-€0.004m6.72024
LYA VIANDE ET VOLAILLE Liège2019€0.4m€0.1m€0.2m€0.06m-2024
ISLAKIP Sint-Jans-Molenbeek2019€0.6m€0.2m€0.5m€0.2m-2025
Verpoul Temse2019€2.7m€0.1m€0.2m€0.1m0.12025
BELGIBIER Bastogne2019€0.3m€0.1m€0.05m-€0.04m02025

They were chosen from the 132 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.