Checked.be
Active
BE 0479.966.787Public limited company
KIM'S CHOCOLATES
Grijpenlaan 11 ·3300 Tienen, Belgium· 23 yrs active
Sector: Vervaardiging van cacao, chocolade en suikerwerk
(10820)
Conclusion
The computed 12-month bankruptcy probability of KIM'S CHOCOLATES is 0.4% (very low). The 2025 annual accounts show equity of €11.96M and a net result of €56k. Equity is growing by ~15.3% per year across the filed fiscal years. Its solvency ranks better than 56% of 231 sector peers (fiscal year 2025). The company has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Key figures
| Equity | €11.96M |
| Net result | €56k |
| Staff (FTE) | 160.2 |
| Better than sector | 56% |
Financial profile
58
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
60
Profitability
12
Solvency
57
Growth
59
Stability
100
Bankruptcy probability (12 mo)
0.4%
Very low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector
+Annual accounts: healthy financial profile
−Long track record
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 2003, 23 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
60
/ 100
Healthy
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 05-12-2025 with the NBB · fiscal year 2025 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~15.3%/year over 7 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 10, Food manufacturing · compared across all schema types (micro, abbreviated and full combined)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 30.8% | 25.9% | |
| Net result | €56k | €15k | |
| Equity | €11.96M | €61k | |
| Staff costs | €11.39M | €124k | |
| Employees (FTE) | 160.2 | 6.8 |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€114.06M
+9.2%
19-25
€2.29M
-68.0%
19-25
€56k
-98.7%
19-25
€1.55M
-72.7%
19-25
€38.77M
+13.1%
19-25
€11.96M
-15.0%
19-25
€9.33M
-20.7%
19-25
160
-2.0%
19-25
Show 15 other metrics
€11.39M
-3.5%
19-25
€102k
-92.2%
19-25
€2.16M
-65.2%
19-25
€26.81M
+32.7%
19-25
€24.87M
+39.8%
19-25
€1.55M
-28.2%
19-25
1.37
-17.2%
19-25
0.76
-26.1%
19-25
30.8%
-24.8%
19-25
2.24
+56.1%
19-25
0.5%
-98.4%
19-25
0.1%
-98.8%
19-25
0.0%
-98.8%
19-25
2.0%
-70.7%
19-25
2.38
-82.9%
19-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | €114.06M |
| EBITDA | €2.29M |
| Net profit | €56k |
| Cash flow | €1.55M |
| Staff costs | €11.39M |
| Income taxes | €102k |
| Dividends | €2.16M |
| Total assets | €38.77M |
| Equity | €11.96M |
| Debt | €26.81M |
| of which ≤ 1y | €24.87M |
| of which > 1y | €1.55M |
| Working capital | €9.33M |
| Employees (FTE) | 160.2 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.37 |
| Quick ratio | 0.76 |
| Working capital ratio | 24.1% |
| Solvency | 30.8% |
| Debt / equity | 2.24 |
| Long-term debt ratio | 0.13 |
| Interest coverage | 2.38 |
| Gross margin | 16.6% |
| Net margin | 0.0% |
| ROA | 0.1% |
| ROE | 0.5% |
| EBITDA margin | 2.0% |
| Days sales outstanding | 52d |
| Days payable outstanding | 38d |
| Inventory turnover | 6.23 |
| Days inventory (DSI) | 59d |
Balance-sheet composition 2025
Full annual accounts (27 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €38.77M |
| Fixed assets | 21/28 | €4.58M |
| Intangible fixed assets | 21 | €274k |
| Tangible fixed assets | 22/27 | €4.15M |
| Financial fixed assets | 28 | €151k |
| Current assets | 29/58 | €34.20M |
| Stocks & contracts in progress | 3 | €15.28M |
| Amounts receivable within one year | 40/41 | €17.28M |
| Cash & bank | 54/58 | €1.38M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €38.77M |
| Equity | 10/15 | €11.96M |
| Contributions / capital | 10/11 | €1.50M |
| Reserves | 13 | €10.43M |
| Accumulated profits (losses) | 14 | €0 |
| Provisions & deferred taxes | 16 | €3k |
| Amounts payable | 17/49 | €26.81M |
| Amounts payable after one year | 17 | €1.55M |
| Amounts payable within one year | 42/48 | €24.87M |
| Trade debts payable within one year | 44 | €9.81M |
| Income statement | ||
| Turnover | 70 | €114.06M |
| Operating result | 9901 | €795k |
| Financial income | 75 | €738k |
| Financial charges | 65 | €1.38M |
| Result before taxes | 9903 | €155k |
| Income taxes | 67/77 | €102k |
| Net result for the period | 9904 | €56k |
| Result to be appropriated | 9905 | €187k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
Current directors & mandates
-
QConsultDagelijks bestuurderState Gazette act 24435550 (10-10-2024)Current10-10-2024 → present
-
SANTELLI OliverDirectorState Gazette act 24435550 (10-10-2024)Current10-10-2024 → present
-
WINDEL Fred Alfred HugoDirectorState Gazette act 24435550 (10-10-2024)Current10-10-2024 → present
2 events
- 10-10-2024 Appointed· Director
- 10-10-2024 Resigned· Director
-
WINDEL Solveig Helene ErnaDirectorState Gazette act 24435550 (10-10-2024)Current10-10-2024 → present
2 events
- 10-10-2024 Appointed· Director
- 10-10-2024 Resigned· Director
-
Windel Group BeteiligungsDirectorState Gazette act 24034835 (27-02-2024)Current27-02-2024 → present
-
Fred WindelManaging directorState Gazette act 22015972 (04-02-2022)Current06-06-2016 → present
2 events
- 04-02-2022 Appointed· Managing director
- 06-06-2016 Appointed· Managing director
Show 1 more sitting directors
-
NV Kim's ImmoLegal entityManaging directorState Gazette act 22015972 (04-02-2022)Current06-06-2016 → present
2 events
- 04-02-2022 Appointed· Managing director
- 06-06-2016 Appointed· Director
Historic, not recently confirmed (1)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Egidius Alfons MaexManaging directorState Gazette act 16077043 (06-06-2016)Not recently confirmedlast confirmed in an act from 2016
Permanent representatives (4)
These people represent a legal-person director (a management company, for instance). They hold no board mandate of their own and do not count as directors.
-
Solveig WindelVaste vertegenwoordiger van kim's immoState Gazette act 24034835 (27-02-2024)Permanent representative27-02-2024 → present
-
MaexVaste vertegenwoordiger van kim's immoState Gazette act 24034835 (27-02-2024)Permanent representative- → 27-02-2024
-
WINDEL Fred Alfred HugoVaste vertegenwoordigerState Gazette act 24435550 (10-10-2024)Permanent representative- → 10-10-2024
-
WINDEL Solveig Helene ErnaVaste vertegenwoordigerState Gazette act 24435550 (10-10-2024)Permanent representative- → 10-10-2024
Former directors (2)
-
Bob Van RompuyAlgemeen directeurState Gazette act 18041949 (07-03-2018)Former07-03-2018 → 10-10-2024
2 events
- 10-10-2024 Resigned· Dagelijks bestuurder
- 07-03-2018 Appointed· Algemeen directeur
-
Marc QuirijnenAlgemeen directeurState Gazette act 18041949 (07-03-2018)Former07-03-2018 → 10-10-2024
2 events
- 10-10-2024 Resigned· Dagelijks bestuurder
- 07-03-2018 Appointed· Algemeen directeur
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Statutory auditor
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Bart RooseCurrent Statutory auditor |
- | 06-06-2016 → present |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Legal Structure
| NACE primary | Vervaardiging van cacao, chocolade en suikerwerk(10820) |
| Legal form | Public limited company(014) |
| Incorporation | 09-04-2003 |
| Status | Active |
| Postal code | 3300 |
Establishment units
Grijpenlaan 11, 3300 Tienen
since 20032.127.163.478
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24592F0056/00X000 | Flanders | 3.1 ha | 1 · 1.4 ha | 16.9 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
05-12-2025
NBB filing
Annual accounts filed
07-02-2025
State Gazette act
Director changes
2024
06-12-2024
NBB filing
Annual accounts filed
10-10-2024
State Gazette act
Director changes
27-02-2024
State Gazette act
Director changes
2023
23-12-2023
NBB filing
Annual accounts filed
2022
23-12-2022
NBB filing
Annual accounts filed
04-02-2022
State Gazette act
Director changes
2021
14-12-2021
NBB filing
Annual accounts filed
2020
24-12-2020
NBB filing
Annual accounts filed
22-12-2020
State Gazette act
Director changes
2019
13-12-2019
NBB filing
Annual accounts filed
2018
13-12-2018
NBB filing
Annual accounts filed
07-03-2018
State Gazette act
Director changes
2017
06-12-2017
NBB filing
Annual accounts filed
2016
12-12-2016
NBB filing
Annual accounts filed
06-06-2016
State Gazette act
Director changes
Belgian State Gazette reading coverage
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 7
updated 1 year ago
2025
07-02-2025 Bart Roose appointed as statutory auditor
- Bart Roose, Commissaris
Summary:
v3.2
Technical details
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10-10-2024 4 directors appointed, 6 resigning
- SANTELLI Oliver, Bestuurder
- WINDEL Solveig Helene Erna, Bestuurder
- WINDEL Fred Alfred Hugo, Bestuurder
- QConsult, Dagelijks bestuurder
- WINDEL Fred Alfred Hugo, Bestuurder
- WINDEL Solveig Helene Erna, Bestuurder
- WINDEL Fred Alfred Hugo, Vaste vertegenwoordiger
- WINDEL Solveig Helene Erna, Vaste vertegenwoordiger
Summary:
v3.2
Technical details
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}27-02-2024 2 directors appointed, 1 resigning
- Windel Group Beteiligungs, Bestuurder
- Solveig Windel, Vaste vertegenwoordiger van kim's immo
- Maex, Vaste vertegenwoordiger van kim's immo
Summary:
v3.2
Technical details
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}2022
04-02-2022 3 directors appointed
- Fred Windel, Gedelegeerd bestuurder
- NV Kim's Immo, Gedelegeerd bestuurder
- Bart Roose, Commissaris (vertegenwoordiger van bv vgd bedrijfsrevisoren)
Summary:
v3.2
Technical details
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}2020
22-12-2020 Bart Roose appointed as statutory auditor
- Bart Roose, Commissaris
Summary:
v3.2
Technical details
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}2018
07-03-2018 2 directors appointed
- Marc Quirijnen, Algemeen directeur
- Bob Van Rompuy, Algemeen directeur
Summary:
v3.2
Technical details
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}2016
06-06-2016 4 directors appointed
- Bart Roose, Commissaris
- NV Kim's Immo, Bestuurder
- Fred Windel, Gedelegeerd bestuurder
- Egidius Alfons Maex, Gedelegeerd bestuurder
Summary:
v3.2
Technical details
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}Credit advice
Company registry (CBE)
Activities
Vervaardiging van cacao, chocolade en suikerwerk10820
Primary activity highlighted.
Names & trade names
| Legal nameNL | KIM'S CHOCOLATES |
Registered office
Grijpenlaan 11
3300 Tienen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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