DEFOER KENNY
ActiveSummary
DEFOER KENNY has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €28k and a net result of €37k. Equity is shrinking by ~20.3% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 77% of 36375 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency96▲+88
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 0.47 in 2023; short-term debt: 28.8% of total assets), and 28.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
34 d early
2022
33 d early
2021
31 d late
2020
3 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€28k
2023 · €-9k
2018: €31k
2019: €38k
2020: €39k
2021: €17k
2022: €8k
2023: €-9k
2018 → 2024
Total assets
€40k▼ 27.0%
2023 · €55k
2018: €66k
2019: €47k
2020: €64k
2021: €58k
2022: €59k
2023: €55k
2018 → 2024
Net result
€37k
2023 · €-17k
2018: €-6k
2019: €7k
2020: €654
2021: €-22k
2022: €-10k
2023: €-17k
2018 → 2024
Working capital
€12k
2023 · €-34k
2018: €-14k
2019: €1k
2020: €-9k
2021: €-20k
2022: €-24k
2023: €-34k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€39k-€17k▼ 55.4%€8k▼ 55.6%€-9k€28k
Operating result€3k-€-19k€-7k▲ 64.1%€-14k▼ 109%€39k
Net result€654-€-22k€-10k▲ 55.2%€-17k▼ 73.5%€37k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €39k after a loss of €14k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €40k
Fixed assets
€17k ▼ 32.2%
Current assets
€23k ▼ 22.6%
Equity and liabilities €40k
Equity
€28k
Debt
€12k
Debt finances 28.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€48k▲
2023 · €-5k
Cash flow
€47k▲
2023 · €-8k
Current ratio
2.00▲
2023 · 0.47
Quick ratio
1.81▲
2023 · 0.40
Debt to equity
0.41▲
2023 · -7.05
ROE
131.8%
ROA
93.8%▲
2023 · -30.7%
Interest coverage
93.71▲
2023 · -1.69
Debt ≤ 1 year
€12k▼
2023 · €64k
Income taxes
€788▲
2023 · €132
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 47 lines
Balance sheet
Code20232024
Assets
Total assets20/58€55k€40k▼
Fixed assets21/28€25k€17k▼
Tangible fixed assets22/27€24k€16k▼
Plant, machinery and equipment23€10k€6k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€11k€8k▼
Financial fixed assets28€635€500▼
Current assets29/58€30k€23k▼
Stocks and contracts in progress3€4k€2k▼
Stocks30/36€4k€2k▼
Amounts receivable within one year40/41€21k€20k▼
Trade receivables40€16k€20k▲
Other amounts receivable41€5k-
Cash at bank and in hand54/58€3k-
Deferred charges and accrued income490/1€2k€372▼
Equity and liabilities
Total equity and liabilities10/49€55k€40k▼
Equity10/15€-9k€28k▲
Contributions10/11€6k€6k=
Reserves13€24k€23k▼
Tax-exempt reserves132€9k€9k=
Distributable reserves133€15k€13k▼
Profit (loss) carried forward14€-40k€-299▲
Amounts payable17/49€64k€12k▼
Amounts payable within one year42/48€64k€12k▼
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€6k€7k▲
Suppliers440/4€6k€7k▲
Taxes, remuneration and social security45€626€1k▲
Taxes450/3€626€1k▲
Other amounts payable47/48€57k€1k▼
Income statement
Code20232024
Non-recurring operating income76A-€76k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€10k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€-4k€49k▲
Operating profit (loss)9901€-14k€39k▲
Financial income75/76B€429€51▼
Recurring financial income75€429€51▼
Financial charges65/66B€3k€515▼
Recurring financial charges65€3k€515▼
Profit (loss) for the period before taxes9903€-17k€38k▲
Income taxes67/77€132€788▲
Profit (loss) for the period9904€-17k€37k▲
Profit (loss) for the period to be appropriated9905€-17k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-40k€-2k▲
Profit (loss) brought forward from the previous period14P€-23k€-40k▼
Transfer from equity791/2-€2k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €37k
Net result €37k after 3 loss-making years.
31-12
Financial
Liquidity quadruplescurrent ratio 2.00
Current ratio from 0.47 to 2.00; short-term debt falls from €64k to €12k.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-22k ▼3397%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.14
Current ratio from 0.50 to 1.14; short-term debt falls from €28k to €9k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Show earlier events
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Dentergem · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Oosthoekstraat(Wak) 248720 DentergemGround area
2,942 m²
Building footprint
121 m²
Volume, LiDAR
801 m³
Parcel 37016A0069/00L000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Defoer Kenny
since 20112.198.972.182
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37016A0069/00L000 | Flanders | 2,942 m² | 1 · 121 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 809 EUR awarded · 809 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 437 EUR | 437 EUR |
| 2023 | 1 | 132 EUR | 132 EUR |
| 2022 | 1 | 240 EUR | 240 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 8,561 companies in sector 43410 we hold annual accounts for 4,357. 3,353 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-03-2011
Fiscal year end31-12
Activities, NACEBEL 2025
43410Roofing work
43320Joinery installation
43990Other specialised construction activities
46150Agents in the wholesale of furniture, household goods and hardware
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.