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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
KINELA CHERAIN from Houffalize, company number BE0738596503, closed financial year 2025 with a result of € -1,487 after tax. For that financial year KINELA CHERAIN recorded a gross margin of € 5,476 and equity of € -29,784. Compared with financial year 2024, the result moved from € -7,067 to € -1,487. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 29, 2026.
€ -29,784
▼ € 1,487 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,487
▲ 79 % less loss than in 2024
Profit after tax over the fiscal year.
€ 4,838
▼ 53% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -34,784.
People and assets in 2025
€ 12,021
▲ € 9,150 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3,539
▼ 66% vs 2024
€ 2,591 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 472
Supplier invoices still open on the last day of the fiscal year.
€ 546
▲ 155% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 18,760 | € 6,453 | € 8,517 | € 5,476 | ▼ 36% |
| Profit after taxes | € 2,233 | € -11,678 | € -7,067 | € -1,487 | ▲ € 5,580 |
| Equity | € -9,552 | € -21,230 | € -28,297 | € -29,784 | ▼ € 1,487 |
| Total debts | € 66,848 | € 61,357 | € 50,101 | € 53,129 | ▲ 6% |
| Cash | € 15,943 | € 13,528 | € 10,287 | € 4,838 | ▼ 53% |
| Retained profit | € -14,552 | € -26,230 | € -33,297 | € -34,784 | ▼ € 1,487 |
| Bank debt | € 31,555 | € 21,933 | € 10,415 | € 3,539 | ▼ 66% |
| Balance sheet total | € 57,297 | € 40,127 | € 21,804 | € 23,345 | ▲ 7% |
Key figures of KINELA CHERAIN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to KINELA CHERAIN?
What happened at KINELA CHERAIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1,487. filed late Source: NBB ↗
- New establishment in Gouvy. KBO
- Mathias Grognard became a director. NBB
- Valériane Van Weyenberg became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,233 profit in 2022 to € 1,487 loss in 2025.
Paid € 928 in corporate taxes since 2022.
Best year ever: 2022, with € 2,233 profit.
Management
Behind KINELA CHERAIN are Mathias Grognard and Valériane Van Weyenberg.
Directors
According to the 2025 annual accounts
Mathias Grognard
Director
since 2019
Valériane Van Weyenberg
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Buret 69
6662 Houffalize
Cherain 40
6673 Gouvy
Active since 29 November 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0738.596.503
- VAT number
- BE 0738.596.503
- Registered office
- Buret 69, 6662 Houffalize
- Names & denominations
- KINELA CHERAIN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 2019
- Peppol
- Not registered