ACTIVE

KINNART

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Financial year 2024 · closed on 31/12/2024

Net result

-51,8 k €

-234.4% YoY

Gross margin

-21,5 k €

-114.2% YoY

Equity

117,2 k €

-30.6% YoY

What does KINNART do?

KINNART is a Private limited company incorporated in 2008. Its main activity is: Painting and glazing. Its registered office is in Mechelen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0807.031.090

Incorporation

13/10/2008

Legal form

Private limited company

Registered office

Schoorstraat(HOM) 42
2811 Mechelen · FlandreSee on map

Contributed capital

12 400,00 €

Latest accounts

31/12/2024

Activities (NACE)

43341Painting and glazing· main 43341Painting and glazing 43320Joinery installation 43320Joinery installation 43332Floor and wall covering 43332Floor and wall covering+4

Joint committees (1)

Signals

Solid equityLow risk

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	-21,5 k €	-114%	151,6 k €	+7.1%	141,6 k €	-17.3%	171,2 k €	-9.8%	189,7 k €	-18.4%	232,5 k €	+29.1%	180,2 k €	+88.8%	95,4 k €	+22.0%	78,2 k €	-39.1%	128,4 k €	+5.0%	122,3 k €	-8.1%	133 k €	+4.3%	127,5 k €	-23.7%	167,2 k €	+39.1%	120,2 k €	+0.1%	120,1 k €
EBITDA	-37,3 k €	-143%	86,4 k €	+23.2%	70,1 k €	+103%	34,6 k €	-7.7%	37,5 k €	-41.3%	63,9 k €	+221%	19,9 k €	+181%	-24,5 k €	+33.6%	-37 k €	-153%	70,4 k €	+204%	23,1 k €	-33.4%	34,7 k €	+5.3%	33 k €	-23.6%	43,2 k €	+213%	13,8 k €	-78.3%	63,6 k €
Operating result	-52,4 k €	-181%	65,1 k €	+56.5%	41,6 k €	+146%	16,9 k €	-11.2%	19,1 k €	-53.7%	41,2 k €	+159%	15,9 k €	+157%	-28,1 k €	+28.8%	-39,4 k €	-165%	61 k €	+179%	21,9 k €	-31.6%	32 k €	+25.5%	25,5 k €	-23.9%	33,5 k €	+751%	3,9 k €	-91.0%	43,9 k €
Net result	-51,8 k €	-234%	38,5 k €	+56.2%	24,7 k €	+315%	6 k €	-66.0%	17,5 k €	-42.4%	30,4 k €	+112%	14,3 k €	+152%	-27,8 k €	+25.2%	-37,1 k €	-181%	45,6 k €	+226%	14 k €	+37.3%	10,2 k €	-39.4%	16,8 k €	-22.4%	21,6 k €	+781%	2,5 k €	-91.2%	28 k €
Balance sheet
Equity	117,2 k €	-30.6%	169 k €	+29.5%	130,5 k €	-18.2%	159,4 k €	+3.9%	153,5 k €	+12.9%	136 k €	+35.3%	100,5 k €	+16.6%	86,2 k €	-24.4%	113,9 k €	-24.6%	151,1 k €	+43.3%	105,4 k €	+15.3%	91,5 k €	+12.5%	81,3 k €	+26.0%	64,5 k €	+50.5%	42,9 k €	+6.1%	40,4 k €
Total assets	168,3 k €	-51.4%	346 k €	+3.0%	336 k €	+54.1%	218 k €	+8.3%	201,4 k €	+1.5%	198,4 k €	+14.8%	172,8 k €	+27.1%	136 k €	-12.4%	155,2 k €	-19.3%	192,4 k €	+8.8%	176,8 k €	+3.0%	171,7 k €	-0.5%	172,5 k €	+6.7%	161,8 k €	+40.8%	114,9 k €	-17.0%	138,4 k €
Cash	–		103,2 k €	+61.3%	64 k €	+6.7%	60 k €	+88.8%	31,8 k €	+68.4%	18,9 k €	-33.3%	28,3 k €	+77.9%	15,9 k €	-3.6%	16,5 k €	-84.1%	103,6 k €	+50.4%	68,9 k €	+40.0%	49,2 k €	+152%	19,6 k €	-36.0%	30,5 k €	+164%	11,6 k €	-60.0%	29 k €
Debts	51 k €	-71.2%	177 k €	-13.9%	205,5 k €	+251%	58,6 k €	+22.3%	47,9 k €	-23.2%	62,4 k €	-13.7%	72,3 k €	+45.1%	49,8 k €	+21.1%	41,1 k €	-0.4%	41,3 k €	-42.1%	71,4 k €	-11.0%	80,2 k €	-11.8%	90,9 k €	-6.5%	97,2 k €	+35.0%	72 k €	-26.5%	98 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		1,1 ETP	-52.2%	2,3 ETP	+9.5%	2,1 ETP	-4.5%	2,2 ETP	-26.7%	3,0 ETP	-16.7%	3,6 ETP	+177%	1,3 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 31/12/2024 · 1 active · 3 ended

Active mandates

Nathalie Kinnart

Director

Active

Ended mandates

Serge Van den Broeck

Manager · since 01 juillet 2009

Ended

Nathalie Kinnart

Manager

Ended

Serge Van den Broeck

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Nathalie Kinnart● Active	0816.985.468

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/09/2025	08/07/2024	30/09/2023	19/07/2022	20/08/2021	02/07/2020
General meeting	22/09/2025	21/06/2024	30/09/2023	17/06/2022	18/06/2021	19/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	22/09/2025	22/09/2025	Dutch	PDF
Micro model	31/12/2023	21/06/2024	08/07/2024	Dutch	PDF
Micro model	31/12/2022	30/09/2023	30/09/2023	Dutch	PDF
Micro model	31/12/2021	17/06/2022	19/07/2022	Dutch	PDF
Micro model	31/12/2020	18/06/2021	20/08/2021	Dutch	PDF
Micro model	31/12/2019	19/06/2020	02/07/2020	Dutch	PDF
Micro model	31/12/2018	21/06/2019	04/09/2019	Dutch	PDF
Micro model	31/12/2017	15/06/2018	28/09/2018	Dutch	PDF
Micro model	31/12/2016	16/06/2017	30/09/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	19/06/2015	21/09/2015	Dutch	PDF
Abridged model	31/12/2013	20/06/2014	15/09/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	20/11/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	17/06/2011	21/09/2011	Dutch	PDF
Abridged model	31/12/2009	18/06/2010	21/09/2010	Dutch	PDF

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 31/12/2024 · 1 active · 3 ended

Active mandates

Nathalie Kinnart

Director

Active

Ended mandates

Serge Van den Broeck

Manager · since 01 juillet 2009

Ended

Nathalie Kinnart

Manager

Ended

Serge Van den Broeck

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office15/02/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates09/03/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/08/2009
ONTSLAGEN - BENOEMINGEN
PDF
Other15/10/2008
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2024
Annual accounts 2024-51,8 k €↓
2023
Annual accounts 202338,5 k €↑
2022
Annual accounts 202224,7 k €↑
2021
Annual accounts 20216 k €↓
2020
Annual accounts 202017,5 k €↓
2019
Annual accounts 201930,4 k €↑
2018
Annual accounts 201814,3 k €↑
2017
Annual accounts 2017-27,8 k €↑
2016
Annual accounts 2016-37,1 k €↓
2015
Annual accounts 201545,6 k €↑
2014
Annual accounts 201414 k €↑
2013
Annual accounts 201310,2 k €↓
2012
Annual accounts 201216,8 k €↓
2011
Annual accounts 201121,6 k €↑
2010
Annual accounts 20102,5 k €↓
2009
Annual accounts 200928 k €
13/10/2008
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

KINNART

Overview

What does KINNART do?

Trend over 16 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline