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 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KirenCo from Oudenaarde, company number BE0825094173, closed financial year 2025 with a result of € 36,136 after tax. For that financial year KirenCo recorded a gross margin of € 106,180 and equity of € 115,326. Compared with financial year 2024, the result moved from € 14,201 to € 36,136. 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 October 30, 2025.
€ 115,326
▲ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,136
▲ 154% vs 2024
Profit after tax over the fiscal year.
€ 19,990
▲ 93% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -32,274.
Debts at end 2025
€ 629,502
▲ 5% vs 2024
€ 69,772 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 2,632
▼ 28% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,951
▼ 11% 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 | € 82,615 | € 98,430 | € 86,698 | € 106,180 | ▲ 22% |
| Profit after taxes | € 17,651 | € 34,024 | € 14,201 | € 36,136 | ▲ 154% |
| Equity | € 99,377 | € 64,989 | € 79,190 | € 115,326 | ▲ 46% |
| Total debts | € 881,955 | € 722,373 | € 695,783 | € 751,636 | ▲ 8% |
| Cash | € 1,837 | € 5,626 | € 10,343 | € 19,990 | ▲ 93% |
| Land & buildings | € 846,824 | € 757,507 | € 745,164 | € 813,719 | ▲ 9% |
| Retained profit | € -48,223 | € -82,611 | € -68,410 | € -32,274 | ▲ € 36,136 |
| Dividend | € 0 | € 68,412 | € 0 | € 0 | |
| Bank debt | € 742,606 | € 637,489 | € 599,376 | € 629,502 | ▲ 5% |
| Balance sheet total | € 981,331 | € 787,362 | € 774,973 | € 866,962 | ▲ 12% |
Key figures of KirenCo, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2026 has not been filed yet; it was expected before 31 October 2026.
What happened to KirenCo?
What happened at KirenCo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36,136 (▲ 154% vs 2024). Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
- Kemal Calik became a director. NBB
In short
From € 17,651 profit in 2022 to € 36,136 profit in 2025.
Paid € 3,675 in corporate taxes since 2022.
Best year ever: 2025, with € 36,136 profit.
Paid out € 68,412 in dividends to the owners in total.
Management
Behind KirenCo is Kemal Calik. It owns 100% of BO BV itself.
Directors
According to the 2025 annual accounts
since 2010
Establishments
Establishment units
Physical locations of this company
Wortegemstraat 23
9700 Oudenaarde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0825.094.173
- VAT number
- BE 0825.094.173
- Registered office
- Wortegemstraat 23, 9700 Oudenaarde
- Names & denominations
- KirenCo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 2010
- Peppol
- Active · Active since 20 Nov 2025
- Activities · NACE
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