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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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KLINCO from Ninove, company number BE0824618873, closed financial year 2025 with a result of € 14,465 after tax. For that financial year KLINCO recorded a gross margin of € 46,337 and equity of € 302,344. Compared with financial year 2024, the result moved from € 16,005 to € 14,465. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 27, 2026.
€ 302,344
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,465
▼ 10% vs 2024
Profit after tax over the fiscal year.
€ 2,293
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 296,144.
Debts at end 2025
€ 128,272
▼ 27% vs 2024
€ 47,986 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 8,577
▲ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 11,342
▲ 5% 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 | € 71,510 | € 40,956 | € 44,718 | € 46,337 | ▲ 4% |
| Profit after taxes | € 43,612 | € 18,604 | € 16,005 | € 14,465 | ▼ 10% |
| Equity | € 253,270 | € 271,874 | € 287,879 | € 302,344 | ▲ 5% |
| Total debts | € 620,352 | € 583,234 | € 499,451 | € 482,808 | ▼ 3% |
| Cash | € 495 | € 8,085 | - | € 2,293 | |
| Retained profit | € 247,070 | € 265,674 | € 281,679 | € 296,144 | ▲ 5% |
| Bank debt | € 264,401 | € 221,466 | € 175,113 | € 128,272 | ▼ 27% |
| Balance sheet total | € 873,622 | € 855,108 | € 787,330 | € 785,153 |
Key figures of KLINCO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to KLINCO?
What happened at KLINCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,465 (▼ 10% vs 2024). filed late Source: NBB ↗
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,612 profit in 2022 to € 14,465 profit in 2025.
Paid € 26,182 in corporate taxes since 2022.
Best year ever: 2022, with € 43,612 profit.
Management
Behind KLINCO are Katrien Mahieu and Luc De Sutter. It owns 100% of Apotheek Mahieu-Verdoodt itself.
Directors
According to the 2025 annual accounts
Katrien Mahieu
Director
Luc De Sutter
Director
Establishments
Establishment units
Physical locations of this company
Waalhovestraat 37
9404 Ninove
Ronsevaalstraat 2 box 22
9320 Aalst
Active since 2 April 2010
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0824.618.873
- VAT number
- BE 0824.618.873
- Registered office
- Waalhovestraat 37, 9404 Ninove
- Names & denominations
- KLINCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 April 2010
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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