Equity
€260,783 ▼ 30.1%
CHRISTIAN KERN paid out €171,000 in dividends. That is 292% of the 2025 profit.
CHRISTIAN KERN
Lifetime
20 annual accounts with figures on one time axis, 24 filings since 2002Gross marginpeak €403,954 (2018)
€121,128▲ 231%
Resultlowest -€91,515 (2023)
€58,485▲ €104,863
Equitypeak €592,963 (2021)
€260,783▼ 30.1%
Debts
€67,828▲ 408%
Staffpeak 7.4 FTE (2020)
-not published
Board1 name since 2023
1 directorKERN Christian Lucien Jules
Documentsfilings and deeds
18-06-202643 days before the deadline
2025micro format
Gross margin from €36,540 to €121,128Back to profit: €58,485Dividend €171,000Equity from €373,298 to €260,783Debts from €13,340 to €67,828Cash from €8,120 to €98,017
Key points
from the 2025 annual accountsResult
€58,485 €58,485
Back in profit in 2025, after a loss of €46,378 in 2024.
Debts
€67,828 ▲ 408%
Debts rose by €54,488 in 2025.
Liquidity
2.36 was 18.41 in 2024
Short-term debts rose from €10,356 to €66,953.
Filings
24 annual accounts since 2002
Seven of the last ten came late. The 2019 accounts came latest: 143 days after the end of the period.
Position in the sector
€260,783
More equity than 93% of companies in food and beverage service. Sector median €28,696 · 17,085 companies.
Checked score
93
Excellent
Financially stronger than 69% of micro companies in food and beverage service (NACE 56)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.5%highest value
01-2025: 2.5%● unchanged vs 12-2024
02-2025: 2.5%● unchanged vs 01-2025
03-2025: 2.5%● unchanged vs 02-2025
04-2025: 2.4%▼ -0.1 percentage points vs 03-2025
05-2025: 2.4%● unchanged vs 04-2025
06-2025: 2.3%▼ -0.1 percentage points vs 05-2025
07-2025: 0.8%▼ -1.5 percentage points vs 06-2025
08-2025: 0.8%● unchanged vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 0.8%● unchanged vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.8%● unchanged vs 11-2025
01-2026: 0.8%● unchanged vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.9%▲ +0.1 percentage points vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026
07-2026: 0.2%▼ -0.7 percentage points vs 06-2026lowest value
08-2026: 0.2%● unchanged vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
lowers risk
Liquidity: current ratio 2.36, cash €98,017
Founded in 2001
Equity €260,783 (79.4% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 94% of them on solvency, 84% on liquidity, 79% on profitability and 20% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 31,368 companies had the same profile as CHRISTIAN KERN has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of CHRISTIAN KERN itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for CHRISTIAN KERN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €24,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.36 (18.41 in 2024), above the usual 1.5. Short-term debt is 20.4% and cash 29.8% of total assets. 20.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 days early
2024
41 days early
2023
13 days early
2022
3 days late
2021
78 days late
2020
88 days late
2019
143 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 31 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 July (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0475091746
Change of role: KERN Christian Lucien Jules, from statutory manager to statutory director
Reappointment: KERN Christian Lucien Jules (statutory director) · “L’exploitation d’un restaurant;l’achat,l’importation,la préparation et la vente de nourriture,boissons,plats…” (deed in French) · Director discharge: KERN Christian Lucien Jules · General meeting of 20-12-2023 · Gazette deed
First establishment
AU RELAIS, Rue des Ormes 105, Verviers
Incorporation
published on 07-07-2001 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| CHRISTIAN KERN Verviers | €328,610 | €121,128 | 79.4% | - |
| LE PANIER GOURMAND Aubel | €369,266 | €124,427 | 10.9% | - |
| MAHE Herve | €316,482 | €104,804 | 29.6% | - |
| Next Step Invest Hannut | €277,905 | €123,147 | 1.4% | - |
| LE CASSE-CROUTE Huy | €338,166 | €118,429 | 54.9% | - |
| AMBIANCE CULINAIRE Liège | €362,034 | €98,864 | 64.3% | - |
| SEY - RESTO Brussels | €304,320 | €113,896 | 79.7% | - |
These companies have the same main activity as CHRISTIAN KERN: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €278,000 and €369,000, founded between 1996 and 2003.
Official details
Source: KBO- Status
- Active since 27-06-2001Normal situation
- Activity
- Full-service restaurantsNACE 56111and 1 other
- Establishment unit
- 2.094.460.8204800 Verviers, since 25-07-2001
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Annual accounts 2025
- Turnover
- ≈ €350,000estimated
- Total assets
- €328,610▼ 15.0%
- Staff
- ≈ 0 FTEestimated
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Insights on CHRISTIAN KERN
CHRISTIAN KERN files the micro format. That format states no turnover. The gross margin fell from €183,452 in 2006 to €121,128 in 2025.
The balance sheet grew most from 2010 to 2012 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CHRISTIAN KERN
- What is the company number of CHRISTIAN KERN?
- The company number of CHRISTIAN KERN is 0475.091.746. The VAT number is the same number with BE in front: BE 0475.091.746.
- Where is CHRISTIAN KERN based?
- The registered office is at Rue des Ormes 105, 4800 Verviers.Company details
- What does CHRISTIAN KERN do?
- According to the KBO register, the main activity is full-service restaurants (NACE 56111).
- What is the legal form of CHRISTIAN KERN?
- CHRISTIAN KERN is a private limited company (BV).
- When was CHRISTIAN KERN founded?
- CHRISTIAN KERN was founded on 27-06-2001.
- Is CHRISTIAN KERN still active?
- Yes, CHRISTIAN KERN is an active enterprise in the KBO register.
- How many employees does CHRISTIAN KERN have?
- CHRISTIAN KERN had an average of 0.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of CHRISTIAN KERN?
- The turnover in financial year 2025 is ≈ €350,000. This figure is estimated from the gross margin of €121,128 and 86 comparable companies (NACE 56111). It probably lies between €300,000 and €430,000.
- Is CHRISTIAN KERN profitable?
- In financial year 2025, CHRISTIAN KERN made a profit of €58,485.
- Where can I find the annual accounts of CHRISTIAN KERN?
- CHRISTIAN KERN filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CHRISTIAN KERN due?
- CHRISTIAN KERN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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