KINGSPAN HOLDING BELGIUM
ActiveSummary
KINGSPAN HOLDING BELGIUM has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127.09M and a net result of €2k. Equity is growing by ~30.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 41.08 against 49.08 in 2024; short-term debt: 0% of total assets), and 0% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
100%
Return on assets
0%
Age of the figures
9 mo
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
26 d late
2024
21 d late
2023
16 d early
2022
33 d early
2021
1 d late
2020
387 d late
2019
383 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2k▼ 89.5%
2024 · €21k
2018: €-6k
2019: €-4k▲ +23.4% vs 2018
2020: €-2k▲ +55.5% vs 2019
2021: €-15k▼ -643% vs 2020
2022: €-170k▼ -1062% vs 2021lowest in 8 years
2023: €3.98M▲ +2438% vs 2022highest in 8 years
2024: €21k▼ -99.5% vs 2023
2025: €2k▼ -89.5% vs 2024
2018 → 2025
Working capital
€1.15M▲ 0.2%
2024 · €1.15M
2021: €226
2022: €-2.86M▼ -1267124% vs 2021lowest in 5 years
2023: €1.13M▲ +139% vs 2022
2024: €1.15M▲ +1.9% vs 2023
2025: €1.15M▲ +0.2% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€7.32M-€123.08M▲ 1,581%€127.06M▲ 3.2%€127.08M=€127.09M=
2021: €7.32Mlowest in 5 years
2022: €123.08M▲ +1581% vs 2021
2023: €127.06M▲ +3.2% vs 2022
2024: €127.08M● +0.0% vs 2023
2025: €127.09M● +0.0% vs 2024highest in 5 years
Operating result€-14k-€-169k▼ 1,071%€-32k▲ 81.4%€-20k▲ 36.4%€-21k▼ 3.6%
2021: €-14khighest in 5 years
2022: €-169k▼ -1071% vs 2021lowest in 5 years
2023: €-32k▲ +81.4% vs 2022
2024: €-20k▲ +36.4% vs 2023
2025: €-21k▼ -3.6% vs 2024
Net result€-15k-€-170k▼ 1,062%€3.98M€21k▼ 99.5%€2k▼ 89.5%
2021: €-15k
2022: €-170k▼ -1062% vs 2021lowest in 5 years
2023: €3.98M▲ +2438% vs 2022highest in 5 years
2024: €21k▼ -99.5% vs 2023
2025: €2k▼ -89.5% vs 2024
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €21k in 2025 against €20k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €127.12M
Fixed assets
€125.94M =
Current assets
€1.18M ▲ 0.6%
Equity and liabilities €127.12M
Equity
€127.09M =
Debt
€29k ▲ 20.2%
Debt's share of the balance-sheet total stays at 0.0%.
Key figures and ratios
Current ratio
41.08▼
2024 · 49.08
Debt to equity
0.00▲
2024 · 0.00
ROE
0.0%▼
2024 · 0.0%
ROA
0.0%▼
2024 · 0.0%
Debt ≤ 1 year
€29k▲
2024 · €24k
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 · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€127.11M€127.12M=
Fixed assets21/28€125.94M€125.94M=
Financial fixed assets28€125.94M€125.94M=
Affiliated companies280/1€125.94M€125.94M=
Participating interests280€125.94M€125.94M=
Current assets29/58€1.17M€1.18M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€437€437=
Trade receivables40€437€437=
Current investments50/53€1.16M€1.18M▲
Other investments51/53€1.16M€1.18M▲
Deferred charges and accrued income490/1€9k€0▼
Equity and liabilities
Total equity and liabilities10/49€127.11M€127.12M=
Equity10/15€127.08M€127.09M=
Contributions10/11€123.24M€123.24M=
Capital10€123.24M€123.24M=
Issued capital100€123.24M€123.24M=
Reserves13€197k€197k▲
Non-distributable reserves130/1€197k€197k▲
Legal reserve130€197k€197k▲
Profit (loss) carried forward14€3.65M€3.65M▲
Amounts payable17/49€24k€29k▲
Amounts payable within one year42/48€24k€29k▲
Trade debts44€24k€29k▲
Suppliers440/4€24k€29k▲
Income statement
Code20242025
Operating charges60/66A€20k€21k▲
Services and other goods61€20k€21k▲
Other operating charges640/8€493€175▼
Operating profit (loss)9901€-20k€-21k▼
Financial income75/76B€41k€24k▼
Recurring financial income75€41k€24k▼
Income from financial fixed assets750€0-
Income from current assets751-€2k
Other financial income752/9€41k€21k▼
Financial charges65/66B€424€538▲
Recurring financial charges65€424€538▲
Other financial charges652/9€424€538▲
Profit (loss) for the period before taxes9903€21k€2k▼
Profit (loss) for the period9904€21k€2k▼
Profit (loss) for the period to be appropriated9905€21k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.65M€3.65M▲
Profit (loss) brought forward from the previous period14P€3.63M€3.65M▲
Transfer to equity691/2€0€110▲
To the legal reserve6920€0€110▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating charges60/66A | €14k | €169k | €32k | €20k | €21k | ▲ 3.6% |
| Services and other goods61 | €14k | €169k | €31k | €20k | €21k | ▲ 5.3% |
| Other operating charges640/8 | €156 | €157 | €191 | €493 | €175 | ▼ 64.5% |
| Operating profit (loss)9901 | €-14k | €-169k | €-32k | €-20k | €-21k | ▼ 3.6% |
| Financial income75/76B | - | - | €4.02M | €41k | €24k | ▼ 43.2% |
| Recurring financial income75 | - | - | €4.02M | €41k | €24k | ▼ 43.2% |
| Income from financial fixed assets750 | - | - | €4.02M | €0 | - | - |
| Income from current assets751 | - | - | - | - | €2k | - |
| Other financial income752/9 | - | - | - | €41k | €21k | ▼ 49.0% |
| Financial charges65/66B | €199 | €1k | €562 | €424 | €538 | ▲ 27.0% |
| Recurring financial charges65 | €199 | €1k | €562 | €424 | €538 | ▲ 27.0% |
| Other financial charges652/9 | €199 | €1k | €562 | €424 | €538 | ▲ 27.0% |
| Profit (loss) for the period before taxes9903 | €-15k | €-170k | €3.98M | €21k | €2k | ▼ 89.5% |
| Profit (loss) for the period9904 | €-15k | €-170k | €3.98M | €21k | €2k | ▼ 89.5% |
| Profit (loss) for the period to be appropriated9905 | €-15k | €-170k | €3.98M | €21k | €2k | ▼ 89.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €10.10M | €125.94M | €127.08M | €127.11M | €127.12M | = |
| Fixed assets21/28 | €10.10M | €125.94M | €125.94M | €125.94M | €125.94M | = |
| Financial fixed assets28 | €10.10M | €125.94M | €125.94M | €125.94M | €125.94M | = |
| Affiliated companies280/1 | €10.10M | €125.94M | €125.94M | €125.94M | €125.94M | = |
| Participating interests280 | €10.10M | €125.94M | €125.94M | €125.94M | €125.94M | = |
| Current assets29/58 | €7k | €0 | €1.15M | €1.17M | €1.18M | ▲ 0.6% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | - | - | €396 | €437 | €437 | = |
| Trade receivables40 | - | - | €396 | €437 | €437 | = |
| Current investments50/53 | - | - | €1.15M | €1.16M | €1.18M | ▲ 1.4% |
| Other investments51/53 | - | - | €1.15M | €1.16M | €1.18M | ▲ 1.4% |
| Cash at bank and in hand54/58 | €7k | €0 | - | - | - | - |
| Deferred charges and accrued income490/1 | - | - | - | €9k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €10.10M | €125.94M | €127.08M | €127.11M | €127.12M | = |
| Equity10/15 | €7.32M | €123.08M | €127.06M | €127.08M | €127.09M | = |
| Contributions10/11 | €7.31M | €123.24M | €123.24M | €123.24M | €123.24M | = |
| Capital10 | €7.31M | €123.24M | €123.24M | €123.24M | €123.24M | = |
| Issued capital100 | €7.31M | €123.24M | €123.24M | €123.24M | €123.24M | = |
| Reserves13 | €6k | €6k | €197k | €197k | €197k | ▲ 0.1% |
| Non-distributable reserves130/1 | €6k | €6k | €197k | €197k | €197k | ▲ 0.1% |
| Legal reserve130 | €6k | €6k | €197k | €197k | €197k | ▲ 0.1% |
| Profit (loss) carried forward14 | €5k | €-166k | €3.63M | €3.65M | €3.65M | ▲ 0.1% |
| Amounts payable17/49 | €2.78M | €2.86M | €21k | €24k | €29k | ▲ 20.2% |
| Amounts payable after more than one year17 | €2.77M | €0 | - | - | - | - |
| Financial debts170/4 | €2.77M | €0 | - | - | - | - |
| Other loans174 | €2.77M | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €7k | €2.86M | €21k | €24k | €29k | ▲ 20.2% |
| Trade debts44 | €7k | €23k | €21k | €24k | €29k | ▲ 20.2% |
| Suppliers440/4 | €7k | €23k | €21k | €24k | €29k | ▲ 20.2% |
| Other amounts payable47/48 | - | €2.84M | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-15k | €-170k | €3.98M | €21k | €2k | ▼ 89.5% |
| Operating cash flow (approximation) | €-15k | €-170k | €3.98M | €21k | €2k | ▼ 89.5% |
| Investment in fixed assets (approximation) | - | €-115.84M | €0 | €0 | €2 | - |
| Change in cash | - | €-7k | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 26 days late
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 21 days late
05-05
State Gazette act
General meeting · Director reappointment
Permanent representative · Mandate compensation
2024
15-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €3.98M
Net result €3.98M after 5 loss-making years.
28-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
16-06
State Gazette act
Merger · Capital
Capital increase · Share issue
2022
31-12
Financial
Weakest financial yearnet €-170k
Net result drops to €-170k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100MEq €123.08M ▲1,581%
Equity rises from €7.32M to €123.08M.
22-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 387 days late
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 1 day late
2021
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 383 days late
Show earlier events
18-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 749 days late
2018
29-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 60 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
15 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, Grobbendonk · 1 establishment unit since 1996
Ground area
3,036 m²
Building footprint
709 m²
Volume, LiDAR
3,239 m³
Parcel 13010E0141/00C000, Flanders · tallest building 5.5 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Bouwelven 17, 2280 Grobbendonk
since 19962.076.536.903
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13010E0141/00C000 | Flanders | 3,036 m² | 1 · 709 m² | 5.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
2 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
2 locations
Identification & contact
Identification
Legal formPublic limited company
Founded30-01-1996
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.