Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
KINROOI-GEIT from Kinrooi, company number BE0676798791, closed financial year 2024 with a result of € -307,021 after tax. For that financial year KINROOI-GEIT recorded a gross margin of € -10,484 and equity of € 537,918. Compared with financial year 2023, the result moved from € -393,717 to € -307,021. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 22, 2025.
€ 537,918
▼ 36% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -307,021
▲ 22 % less loss than in 2023
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 512,918.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
€ 1,649
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 52,546
▼ 36% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2.3 million
▼ 3% vs 2023
€ 164,953 is repaid this year. At this pace the long-term loan is gone in ≈ 13 years.
€ 3.5 million
▲ € 2.8 million vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1,950
▼ 92% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 463,904 | € 299,930 | € -14,731 | € -10,484 | ▲ € 4,247 |
| Profit after taxes | € 137,108 | € 21,728 | € -393,717 | € -307,021 | ▲ € 86,696 |
| Equity | € 1,216,927 | € 1,238,655 | € 844,939 | € 537,918 | ▼ 36% |
| Total debts | € 4,680,912 | € 4,509,823 | € 3,140,664 | € 5,823,684 | ▲ 85% |
| Cash | € 10,000 | - | € 52,996 | € 0 | ▼ 100% |
| Land & buildings | € 2,722,789 | € 2,626,359 | € 2,515,422 | € 2,378,747 | ▼ 5% |
| Retained profit | € 1,191,927 | € 1,213,655 | € 819,939 | € 512,918 | ▼ 37% |
| Bank debt | € 2,745,767 | € 2,563,118 | € 2,414,191 | € 2,330,987 | ▼ 3% |
| Balance sheet total | € 5,897,839 | € 5,748,478 | € 3,985,603 | € 6,361,602 | ▲ 60% |
Key figures of KINROOI-GEIT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to KINROOI-GEIT?
What happened at KINROOI-GEIT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 307,021. filed late Source: NBB ↗
- New establishment in Kinrooi. KBO
- Start of the company according to the CBE. KBO
In short
From € 137,108 profit in 2021 to € 307,021 loss in 2024.
Paid € 25,125 in corporate taxes since 2021.
Best year ever: 2021, with € 137,108 profit.
Management
Behind KINROOI-GEIT is Rob SCHABON.
Directors
According to the 2024 annual accounts
Rob SCHABON
Director
Establishments
Establishment units
Physical locations of this company
Hubensstraat (Mol) 15
3640 Kinrooi
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0676.798.791
- VAT number
- BE 0676.798.791
- Registered office
- Hubensstraat (Mol) 15, 3640 Kinrooi
- Names & denominations
- KINROOI-GEIT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 2017
- Peppol
- Active · Active since 18 Jun 2025
- Activities · NACE
Fokken en houden van schapen en geiten
Ondersteunende activiteiten in verband met de teelt van gewassen
Goederenvervoer over de weg
Landschapsverzorging
Verhuur en lease van landbouwmachines en -werktuigen