Kenvue Belgium

Active

Public limited companyfounded 196858 yrs activeMichel De Braeystraat 52, 2000 Antwerpen, BelgiumKBO/BCE: BE 0401.955.033

Summary

Kenvue Belgium has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14.2m and a net result of €2.0m. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 49% of 6016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch Report Compare

Kenvue BelgiumActiveChecked score 97/100

Risk analysis Report Compare

Activity

Wholesale of pharmaceutical and medical goods

NACE 46460NACE 51460

1 site

Size

€32.0mtotal assets 2025

Staff: 66.1 FTE
Equity: €14.2m
Profit: €2.0m

Financial health

97 Excellent Checked score 2025

Bankruptcy chance 12 m: < 0.1%

Structure

Parent: Kenvue Inc.
Board: 3 members

Auditor: PricewaterhouseCoopers Reviseurs d'EntreprisesAccounts 29 d early

Why 97- 1 of the last 3 late+ Founded in 1968+ Size: 66.1 FTE, total assets €32.0m+ Liquidity: current ratio 1.81, cash €11.6mShow the evidence

Checked score

Score 2025

97 / 100

Excellent

Probability in this band: under 0.55%

Better than 78% of its sector peers (NACE 46, medium-sized)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 69+12

equity 44.4% of total assets

Liquidity 68-5

short-term debt 54.4% · cash 36.3%

Profitability 77-1

return on assets 6.3%

Bankruptcy probability, 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).

Sector median 0.2% (746 companies)

Last 24 months 11-2024: 0.5% 12-2024: 0.5%● 0.0% vs 11-2024 01-2025: 0.5%▼ -0.6% vs 12-2024 02-2025: 0.5%● 0.0% vs 01-2025 03-2025: 0.5%▼ -0.6% vs 02-2025 04-2025: 0.5%▲ +1.7% vs 03-2025 05-2025: 0.5%▲ +5.6% vs 04-2025highest value 06-2025: 0.3%▼ -48.4% vs 05-2025 07-2025: 0.3%▲ +5.4% vs 06-2025 08-2025: < 0.1%▼ -82.9% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%● 0.0% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: < 0.1%● 0.0% vs 11-2025 01-2026: < 0.1%▼ -2.1% vs 12-2025 02-2026: < 0.1%● 0.0% vs 01-2026 03-2026: < 0.1%● 0.0% vs 02-2026 04-2026: < 0.1%● 0.0% vs 03-2026 05-2026: < 0.1%● 0.0% vs 04-2026 06-2026: < 0.1%▲ +2.2% vs 05-2026 07-2026: < 0.1%▲ +2.1% vs 06-2026 08-2026: < 0.1%▼ -10.4% vs 07-2026lowest value 09-2026: < 0.1%● 0.0% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value

Founded in 1968 lowers the probability for this profile
Size: 66.1 FTE, total assets €32.0m lowers the probability for this profile
Liquidity: current ratio 1.81, cash €11.6m lowers the probability
1 of the last 3 late raises the probability

Credit up to €1,350,000 at 30 days acceptable

Liquidity ample (current ratio 1.81 against 1.82 in 2024; short-term debt: 54.4% and cash: 36.3% of total assets), but 55.6% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, medium-sized). Better than this share of them on solvency 55%, liquidity 93%, profitability 83%, growth against the median 79%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Founded in 1968

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Size: 66.1 FTE, total assets €32.0m

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Liquidity: current ratio 1.81, cash €11.6m

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €14.2m

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

29 d early

2024

2 d early

2023

75 d late

2022

35 d early

2021

34 d early

2020

32 d early

2019

31 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 2 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

05-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

02-07-26 Annual accounts filedfiscal year 2025 · full…
18-12-25 Appointment: PwC Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Steven Van Bael
29-07-25 Annual accounts filedfiscal year 2024 · full…

Key points

Positive: Among the best 11% on net resultsector median €114,682 · 5,959 companies €2.0m View
Controlled by Kenvue Inc.known shareholders 100% parent View
Active since 1968founded 01-01-1968 58 years View
Caution: Result fell in 2025from €2.7m to €2.0m ▼ 25.4% View