ACTIVE

Kinnaird

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Financial year 2026 · closed on 31/01/2026
Net result
11,6 k €
-45.5% YoY
Gross margin
150,5 k €
+8.1% YoY
Equity
97,5 k €
+13.5% YoY
Workforce
2,1 ETP
0.0% YoY

What does Kinnaird do?

Kinnaird is a Private company with limited liability incorporated in 1993. Its registered office is in Hasselt. It employs on average 2,1 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0451.042.575
Incorporation
22/10/1993
Legal form
Private company with limited liability
Registered office
Kapelstraat 13
3500 Hasselt · FlandreSee on map
Contributed capital
75 000,00 €
Latest accounts
31/01/2026
Average workforce
2,1 ETP
Joint committees (2)
  • 201
  • 2010
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2026202520242023202220212020201920172016201520142013201220112010200920082007
Income statement
Gross margin150,5 k €139,2 k €96,4 k €74,5 k €87,1 k €9,8 k €158,6 k €156,7 k €229,2 k €132,8 k €198,5 k €335,2 k €294,1 k €364,4 k €373,3 k €514,6 k €420,7 k €407 k €494,7 k €
EBITDA32,9 k €23,9 k €-12,3 k €-25,9 k €30,4 k €-47,3 k €62,9 k €-46,8 k €49,6 k €-71,7 k €-34,2 k €36,7 k €-8,1 k €64,7 k €109,1 k €208 k €102,8 k €53,7 k €141,6 k €
Operating result24 k €33,2 k €-13,5 k €15,9 k €82,6 k €-68,9 k €60,5 k €-63,2 k €-11,1 k €-45,6 k €-46,9 k €-68,7 k €-80,5 k €-36,6 k €35,3 k €77 k €18,1 k €-41,2 k €32,6 k €
Net result11,6 k €21,3 k €-24,7 k €6,6 k €73,8 k €-71,8 k €51,4 k €-75,1 k €-23,2 k €-56,7 k €-60,3 k €-84,9 k €-97,8 k €-32,5 k €9,3 k €47 k €-28,2 k €-81,8 k €-8,8 k €
Balance sheet
Equity97,5 k €85,9 k €64,5 k €89,2 k €86,6 k €12,8 k €84,6 k €33,3 k €108,4 k €131,7 k €188,4 k €248,7 k €333,6 k €431,4 k €463,9 k €454,6 k €407,6 k €435,8 k €517,6 k €
Total assets1,5 M €347,3 k €370 k €477,6 k €399 k €395,5 k €442 k €466,7 k €452,1 k €497 k €601,6 k €699,1 k €767,3 k €892 k €944,5 k €1,1 M €906,3 k €1,3 M €1,4 M €
Cash96,4 k €49 k €40,6 k €162,5 k €167,4 k €150,7 k €100,2 k €108,6 k €48,8 k €93,5 k €75,3 k €101,8 k €59,1 k €218 k €90,8 k €184 k €37,4 k €144,6 k €150,8 k €
Debts1,4 M €260,2 k €304,2 k €380,1 k €310,4 k €382,1 k €314,5 k €418,7 k €320 k €350,7 k €388,8 k €439,5 k €432,1 k €437,2 k €477,5 k €596 k €492,9 k €846 k €832 k €
Other
Workforce2,1 ETP2,1 ETP1,7 ETP1,7 ETP1,1 ETP1,2 ETP1,9 ETP3,0 ETP2,9 ETP2,8 ETP3,7 ETP3,8 ETP4,6 ETP4,6 ETP4,3 ETP4,8 ETP6,0 ETP6,9 ETP7,5 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/01/2026 · 3 active · 20 ended

Active mandates

AMBERT

Director · 0893.922.306

Represented by Bert Helsen

Active
HASAR

Director · 0892.801.856

Represented by Frank Helsen

Active
OLRA

Director · 0893.824.019

Represented by Liesbeth Helsen

Active

Ended mandates

HASAR

Director · since 08 septembre 2020 · 0892.801.856

Represented by Frank Helsen

Ended
AMBERT

Manager · since 02 avril 2013 · until 04 juin 2018 · 0893.922.306

Represented by BERT HELSEN

Ended
AMBERT

Manager · since 04 juin 2012 · until 03 juin 2018 · 0893.922.306

Represented by BERT HELSEN

Ended
AMBERT

Manager · since 04 juin 2012 · until 04 juin 2018 · 0893.922.306

Represented by BERT HELSEN

Ended
At this address

Other companies at this address

CompanyCBE no.
BTW-EENHEID HELKIN● Active
0754.713.646
Flanders Fashion Consulting● Active
0893.812.240
HELSEN● Active
0425.572.553
HELSEN TAILORS● Active
0452.675.640
Annual accounts

Full financial information

202620252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/02/202501/02/202401/02/202301/02/202201/02/202101/02/2020
Closing of the financial year31/01/202631/01/202531/01/202431/01/202331/01/202231/01/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202625/09/202526/09/202414/07/202316/08/202229/10/2021
General meeting28/08/202610/09/202525/09/202403/07/202311/08/202225/10/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/01/202628/08/202631/08/2026DutchPDF
Abridged model31/01/202510/09/202525/09/2025DutchPDF
Abridged model31/01/202425/09/202426/09/2024DutchPDF
Abridged model31/01/202303/07/202314/07/2023DutchPDF
Abridged model31/01/202211/08/202216/08/2022DutchPDF
Abridged model31/01/202125/10/202129/10/2021DutchPDF
Abridged model31/01/202030/10/202020/11/2020DutchPDF
Abridged model31/01/201930/06/201901/12/2019DutchPDF
Abridged model31/12/201730/06/201831/08/2018DutchPDF
Abridged model31/12/201606/06/201726/06/2017DutchPDF
Abridged model31/12/201506/06/201628/06/2016DutchPDF
Abridged model31/12/201401/06/201529/06/2015DutchPDF
Abridged model31/12/201302/06/201416/06/2014DutchPDF
Abridged model31/12/201203/06/201327/06/2013DutchPDF
Abridged model31/12/201104/06/201229/06/2012DutchPDF
Abridged model31/12/201006/06/201128/06/2011DutchPDF
Abridged model31/12/200907/06/201021/06/2010DutchPDF
Abridged model31/12/200802/06/200905/06/2009DutchPDF
Abridged model31/12/200702/06/200827/06/2008DutchPDF
Abridged model31/12/200604/06/200727/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/01/2026 · 3 active · 20 ended

Active mandates

AMBERT

Director · 0893.922.306

Represented by Bert Helsen

Active
HASAR

Director · 0892.801.856

Represented by Frank Helsen

Active
OLRA

Director · 0893.824.019

Represented by Liesbeth Helsen

Active

Ended mandates

HASAR

Director · since 08 septembre 2020 · 0892.801.856

Represented by Frank Helsen

Ended
AMBERT

Manager · since 02 avril 2013 · until 04 juin 2018 · 0893.922.306

Represented by BERT HELSEN

Ended
AMBERT

Manager · since 04 juin 2012 · until 03 juin 2018 · 0893.922.306

Represented by BERT HELSEN

Ended
AMBERT

Manager · since 04 juin 2012 · until 04 juin 2018 · 0893.922.306

Represented by BERT HELSEN

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/09/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates21/09/2018
    ONTSLAGEN - BENOEMINGEN - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates28/05/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/10/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/08/2007
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/03/2006
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2026
    Annual accounts 202611,6 k €↓
  2. 2025
    Annual accounts 202521,3 k €↑
  3. 2024
    Annual accounts 2024-24,7 k €↓
  4. 2023
    Annual accounts 20236,6 k €↓
  5. 2022
    Annual accounts 202273,8 k €↑
  6. 2021
    Annual accounts 2021-71,8 k €↓
  7. 2020
    Annual accounts 202051,4 k €↑
  8. 2019
    Annual accounts 2019-75,1 k €↓
  9. 2017
    Annual accounts 2017-23,2 k €↑
  10. 2016
    Annual accounts 2016-56,7 k €↑
  11. 2015
    Annual accounts 2015-60,3 k €↑
  12. 2014
    Annual accounts 2014-84,9 k €↑
  13. 2013
    Annual accounts 2013-97,8 k €↓
  14. 2012
    Annual accounts 2012-32,5 k €↓
  15. 2011
    Annual accounts 20119,3 k €↓
  16. 2010
    Annual accounts 201047 k €↑
  17. 2009
    Annual accounts 2009-28,2 k €↑
  18. 2008
    Annual accounts 2008-81,8 k €↓
  19. 2007
    Annual accounts 2007-8,8 k €
  20. 22/10/1993
    IncorporationPrivate company with limited liability