K&M
ActiveSummary
K&M has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €161k and a net result of €25k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 92% of 3705 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+17
Solvency100=
Growth59▼-1
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 4.42 against 6.24 in 2024; short-term debt: 19.9% and cash: 64.8% of total assets), and 19.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
80.1%
Return on assets
12.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
25 d early
2023
30 d early
2022
24 d early
2021
9 d early
2020
26 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€818k▲ 9.3%
2024 · €749k
2021: €520klowest in 5 years
2022: €678k▲ +30.5% vs 2021
2023: €690k▲ +1.8% vs 2022
2024: €749k▲ +8.5% vs 2023
2025: €818k▲ +9.3% vs 2024highest in 5 years
2021 → 2025
EBIT margin
4.5%▲ 4.3pp
2024 · 0.2%
2021: 11.1%highest in 5 years
2022: 2.6%▼ -76.6% vs 2021
2023: 0.2%▼ -91.9% vs 2022
2024: 0.2%▼ -21.8% vs 2023lowest in 5 years
2025: 4.5%▲ +2654% vs 2024
2021 → 2025
Net result
€25k
2024 · €-1k
2018: €35k
2019: €17k▼ -50.7% vs 2018
2020: €3k▼ -84.7% vs 2019
2021: €43k▲ +1546% vs 2020highest in 8 years
2022: €12k▼ -72.8% vs 2021
2023: €3k▼ -74.9% vs 2022
2024: €-1k▼ -140% vs 2023lowest in 8 years
2025: €25k▲ +2228% vs 2024
2018 → 2025
Working capital
€137k▲ 28.9%
2024 · €106k
2018: €25klowest in 8 years
2019: €64k▲ +157% vs 2018
2020: €42k▼ -33.4% vs 2019
2021: €105k▲ +148% vs 2020
2022: €122k▲ +15.8% vs 2021
2023: €105k▼ -13.7% vs 2022
2024: €106k▲ +1.0% vs 2023
2025: €137k▲ +28.9% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€520k-€678k▲ 30.5%€690k▲ 1.8%€749k▲ 8.5%€818k▲ 9.3%
2021: €520klowest in 5 years
2022: €678k▲ +30.5% vs 2021
2023: €690k▲ +1.8% vs 2022
2024: €749k▲ +8.5% vs 2023
2025: €818k▲ +9.3% vs 2024highest in 5 years
Equity€122k-€134k▲ 9.7%€137k▲ 2.2%€136k▼ 0.9%€161k▲ 18.6%
2021: €122klowest in 5 years
2022: €134k▲ +9.7% vs 2021
2023: €137k▲ +2.2% vs 2022
2024: €136k▼ -0.9% vs 2023
2025: €161k▲ +18.6% vs 2024highest in 5 years
Operating result€57k-€18k▼ 69.5%€1k▼ 91.8%€1k▼ 15.2%€37k▲ 2,910%
2021: €57khighest in 5 years
2022: €18k▼ -69.5% vs 2021
2023: €1k▼ -91.8% vs 2022
2024: €1k▼ -15.2% vs 2023lowest in 5 years
2025: €37k▲ +2910% vs 2024
Net result€43k-€12k▼ 72.8%€3k▼ 74.9%€-1k€25k
2021: €43khighest in 5 years
2022: €12k▼ -72.8% vs 2021
2023: €3k▼ -74.9% vs 2022
2024: €-1k▼ -140% vs 2023lowest in 5 years
2025: €25k▲ +2228% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 2,910% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201k
Fixed assets
€24k ▼ 18.4%
Current assets
€177k ▲ 39.9%
Equity and liabilities €201k
Equity
€161k ▲ 18.6%
Debt
€40k ▲ 97.5%
Debt's share of the balance-sheet total rises from 13.0% to 19.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46k▲
2024 · €12k
Cash flow
€35k▲
2024 · €9k
Current ratio
4.42▼
2024 · 6.24
Quick ratio
4.26▼
2024 · 6.05
Debt to equity
0.25▲
2024 · 0.15
ROE
15.7%▲
2024 · -0.9%
ROA
12.6%▲
2024 · -0.8%
Interest coverage
110.40▲
2024 · 37.32
Debt ≤ 1 year
€40k▲
2024 · €20k
Income taxes
€11k▲
2024 · €2k
Staff costs
€-277▼
2024 · €23k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€156k€201k▲
Fixed assets21/28€30k€24k▼
Tangible fixed assets22/27€27k€21k▼
Plant, machinery and equipment23€23k€18k▼
Furniture and vehicles24€4k€3k▼
Financial fixed assets28€3k€3k=
Current assets29/58€127k€177k▲
Stocks and contracts in progress3€4k€6k▲
Stocks30/36€4k€6k▲
Amounts receivable within one year40/41€13k€26k▲
Trade receivables40€0€0=
Other amounts receivable41€13k€26k▲
Cash at bank and in hand54/58€93k€130k▲
Deferred charges and accrued income490/1€16k€14k▼
Equity and liabilities
Total equity and liabilities10/49€156k€201k▲
Equity10/15€136k€161k▲
Contributions10/11€30k€30k=
Capital10€30k€30k=
Issued capital100€30k€30k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Legal reserve130€3k€3k=
Profit (loss) carried forward14€103k€128k▲
Amounts payable17/49€20k€40k▲
Amounts payable within one year42/48€20k€40k▲
Trade debts44€10k€20k▲
Suppliers440/4€10k€20k▲
Taxes, remuneration and social security45€8k€19k▲
Taxes450/3€8k€19k▲
Other amounts payable47/48€2k€982▼
Income statement
Code20242025
Turnover70€749k€818k▲
Goods, raw materials, services and sundry goods60/61€713k€772k▲
Remuneration, social security and pensions62€23k€-277▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼
Other operating charges640/8€1k€475▼
Gross operating margin9900€36k€47k▲
Operating profit (loss)9901€1k€37k▲
Financial charges65/66B€318€420▲
Recurring financial charges65€318€420▲
Profit (loss) for the period before taxes9903€902€36k▲
Income taxes67/77€2k€11k▲
Profit (loss) for the period9904€-1k€25k▲
Profit (loss) for the period to be appropriated9905€-1k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€103k€128k▲
Profit (loss) brought forward from the previous period14P€104k€103k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €520k | €678k | €690k | €749k | €818k | ▲ 9.3% |
| Goods, raw materials, services and sundry goods60/61 | €399k | €613k | €661k | €713k | €772k | ▲ 8.3% |
| Remuneration, social security and pensions62 | €35k | €40k | €18k | €23k | €-277 | ▼ 101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28k | €6k | €9k | €11k | €10k | ▼ 9.4% |
| Other operating charges640/8 | €456 | €1k | €1k | €1k | €475 | ▼ 65.8% |
| Gross operating margin9900 | €121k | €65k | €29k | €36k | €47k | ▲ 29.9% |
| Operating profit (loss)9901 | €57k | €18k | €1k | €1k | €37k | ▲ 2,910% |
| Financial income75/76B | €53 | €351 | - | - | - | - |
| Recurring financial income75 | €53 | €351 | - | - | - | - |
| Financial charges65/66B | €115 | €551 | €172 | €318 | €420 | ▲ 32.1% |
| Recurring financial charges65 | €115 | €551 | €172 | €318 | €420 | ▲ 32.1% |
| Profit (loss) for the period before taxes9903 | €57k | €17k | €1k | €902 | €36k | ▲ 3,924% |
| Income taxes67/77 | €14k | €6k | €-2k | €2k | €11k | ▲ 426% |
| Profit (loss) for the period9904 | €43k | €12k | €3k | €-1k | €25k | ▲ 2,228% |
| Profit (loss) for the period to be appropriated9905 | €43k | €12k | €3k | €-1k | €25k | ▲ 2,228% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €165k | €156k | €161k | €156k | €201k | ▲ 28.9% |
| Fixed assets21/28 | €20k | €16k | €32k | €30k | €24k | ▼ 18.4% |
| Tangible fixed assets22/27 | €18k | €13k | €29k | €27k | €21k | ▼ 20.2% |
| Plant, machinery and equipment23 | €7k | €5k | €21k | €23k | €18k | ▼ 22.2% |
| Furniture and vehicles24 | €10k | €8k | €8k | €4k | €3k | ▼ 7.1% |
| Financial fixed assets28 | €3k | €3k | €3k | €3k | €3k | = |
| Current assets29/58 | €145k | €140k | €129k | €127k | €177k | ▲ 39.9% |
| Stocks and contracts in progress3 | €3k | €3k | €3k | €4k | €6k | ▲ 63.8% |
| Stocks30/36 | €3k | €3k | €3k | €4k | €6k | ▲ 63.8% |
| Amounts receivable within one year40/41 | €17k | €5k | €3k | €13k | €26k | ▲ 94.7% |
| Trade receivables40 | - | - | €3k | €0 | €0 | - |
| Other amounts receivable41 | €17k | €5k | - | €13k | €26k | ▲ 94.7% |
| Cash at bank and in hand54/58 | €112k | €110k | €104k | €93k | €130k | ▲ 39.9% |
| Deferred charges and accrued income490/1 | €13k | €23k | €20k | €16k | €14k | ▼ 10.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €165k | €156k | €161k | €156k | €201k | ▲ 28.9% |
| Equity10/15 | €122k | €134k | €137k | €136k | €161k | ▲ 18.6% |
| Contributions10/11 | €30k | €30k | €30k | €30k | €30k | = |
| Capital10 | - | - | - | €30k | €30k | = |
| Issued capital100 | - | - | - | €30k | €30k | = |
| Reserves13 | €3k | €3k | €3k | €3k | €3k | = |
| Non-distributable reserves130/1 | €3k | €3k | €3k | €3k | €3k | = |
| Legal reserve130 | - | - | - | €3k | €3k | = |
| Other1319 | €3k | €3k | €3k | - | - | - |
| Profit (loss) carried forward14 | €89k | €101k | €104k | €103k | €128k | ▲ 24.6% |
| Amounts payable17/49 | €43k | €22k | €24k | €20k | €40k | ▲ 97.5% |
| Amounts payable within one year42/48 | €40k | €18k | €24k | €20k | €40k | ▲ 97.5% |
| Trade debts44 | €625 | €8k | €10k | €10k | €20k | ▲ 91.7% |
| Suppliers440/4 | €625 | €8k | €10k | €10k | €20k | ▲ 91.7% |
| Taxes, remuneration and social security45 | €7k | €9k | €12k | €8k | €19k | ▲ 136% |
| Taxes450/3 | €7k | €6k | €4k | €8k | €19k | ▲ 136% |
| Remuneration and social security454/9 | - | €4k | €8k | - | - | - |
| Other amounts payable47/48 | €32k | €1k | €1k | €2k | €982 | ▼ 45.3% |
| Accrued charges and deferred income492/3 | €3k | €3k | €0 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43k | €12k | €3k | €-1k | €25k | ▲ 2,228% |
| + Depreciation and write-downs630 | €28k | €6k | €9k | €11k | €10k | ▼ 9.4% |
| Operating cash flow (approximation) | €71k | €18k | €12k | €9k | €35k | ▲ 270% |
| Investment in fixed assets (approximation) | - | €-2k | €-25k | €-8k | €-4k | ▲ 49.9% |
| Change in cash | - | €-2k | €-6k | €-10k | €37k | ▲ 455% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 19-08-2026
- Registered-office move, Kapelleveldstraat 35, 2530 Boechout
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
31-12
Financial
Equity above €150kEq €161k ▲18.6%
Equity rises from €136k to €161k.
06-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 7.73
Current ratio from 3.65 to 7.73; short-term debt falls from €40k to €18k.
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €43k ▲1,546%
Operating result €57k, net result €43k, both a record.
31-12
Financial
Equity above €100kEq €122k ▲55.3%
4 profitable years in a row build equity to €122k.
Show earlier events
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Boechout · 1 establishment unit since 2014
Ground area
1,709 m²
Building footprint
936 m²
Volume, LiDAR
4,536 m³
2 parcels, Flanders · tallest building 12.7 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Café Kalifornia
since 20142.231.822.124
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11004D0233/00P002 | Flanders | 1,274 m² | 1 · 833 m² | 12.7 m · 1 fl. |
| 11004C0193/00W000 | Flanders | 435 m² | 1 · 103 m² | 8.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBoechout2.231.822.124
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Of 14,009 companies in sector 56301 we hold annual accounts for 4,892. 3,310 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded18-06-2014
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Scores and ratios are computed by Checked and are not a credit decision.