Bankrupt · Opening faillissement (CBE)

KenElec

BE0717557696

Rechtspersoon Private limited company 1 establishment

KenElec is a repair and maintenance company in Zottegem. Private Limited, started on 2 January 2019, 1 establishment.

Pastoriestraat 22/5, 9620 Zottegem

Behind the company: KEN PRAET.

Start date

2 January 2019

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

KenElec from Zottegem, company number BE0717557696, closed financial year 2022 with a result of € 30,141 after tax. For that financial year KenElec recorded a gross margin of € 169,598 and equity of € 13,471. Compared with financial year 2021, the result moved from € -30,646 to € 30,141. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 30, 2023.

What it is worth Growing

€ 13,471

▲ € 30,141 vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 30,141

▲ still € 30,646 loss in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 23,973

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € 7,271.

People and assets in 2022

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 111,406

▲ 12% vs 2021

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 4,616

▼ 54% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt

€ 41,029

▲ 19% vs 2021

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 177,595

▲ 60% vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 24,959

▼ 21% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 90,846 € 169,598 ▲ 87%
Profit after taxes € -30,646 € 30,141 ▲ € 60,787
Equity € -16,670 € 13,471 ▲ € 30,141
Total debts € 232,449 € 305,787 ▲ 32%
Cash - € 23,973
Retained profit € -22,870 € 7,271 ▲ € 30,141
Bank debt € 34,354 € 41,029 ▲ 19%
Balance sheet total € 215,778 € 319,257 ▲ 48%

Key figures of KenElec, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to KenElec?

What happened at KenElec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

KenElec is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: profit of € 30,141. Source: NBB ↗
  • New establishment in Zottegem. KBO
  • Start of the company according to the CBE. KBO

In short

From € 30,646 loss in 2021 to € 30,141 profit in 2022.

Paid € 311 in corporate taxes since 2021.

Best year ever: 2022, with € 30,141 profit.

Management

KEN PRAET
KenElec

Behind KenElec is KEN PRAET.

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Directors

According to the 2022 annual accounts

KEN PRAET

Manager

Establishments

Establishment units

Physical locations of this company

Registered office

Pastoriestraat 22/5

9620 Zottegem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0717.557.696
VAT number
BE 0717.557.696
Registered office
Pastoriestraat 22/5, 9620 Zottegem
Names & denominations
KenElec
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
2 January 2019
Peppol
Not registered
Activities · NACE

Reparatie en onderhoud van machines

Overige werkzaamheden in verband met de afwerking van gebouwen

Overige bouwinstallatie

Installatie van isolatie

Reparatie en onderhoud van elektrische apparatuur

Sanitaire werkzaamheden

Isolatiewerkzaamheden

Overige bouwinstallatie, n.e.g.

Frequently asked questions

What does KenElec do?
KenElec is a repair and maintenance company in Zottegem. Private Limited, started on 2 January 2019, 1 establishment.
What is the address of KenElec?
The registered office of KenElec is located at Pastoriestraat 22/5, 9620 Zottegem.
Is KenElec still active?
No. The CBE lists KenElec with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is KenElec registered on Peppol?
No, KenElec is currently not registered on the Peppol network.
What is the enterprise number of KenElec?
The enterprise number of KenElec is BE0717557696.
When was KenElec founded?
KenElec was founded on 2 January 2019.