Skip to content

KAA

Active
Private limited company (pre-2019)founded 201313 yrs activeBadderijstraat 6, 3500 Hasselt, BelgiumKBO/BCE: BE 0509.978.983
Summary

KAA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (€-45k) and a net result of €-2k. Equity is shrinking by ~23.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 8048 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 8048 sector peers (2025).
NBB · sector comparison
Position among 8048 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
28 d late
2024
30 d late
2023
25 d late
2022
28 d late
2021
17 d late
2020
30 d late
2019
38 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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-45k▼ 4.7%
2024 · €-43k
2018: €-23k 2019: €-8k▲ +64.0% vs 2018highest in 8 years 2020: €-16k▼ -99.6% vs 2019 2021: €-21k▼ -26.7% vs 2020 2022: €-25k▼ -18.3% vs 2021 2023: €-41k▼ -68.2% vs 2022 2024: €-43k▼ -3.6% vs 2023 2025: €-45k▼ -4.7% vs 2024lowest in 8 years
2018 → 2025
Net result
€-2k▼ 33.9%
2024 · €-1k
2018: €36khighest in 8 years 2019: €15k▼ -59.1% vs 2018 2020: €-8k▼ -156% vs 2019 2021: €-4k▲ +46.5% vs 2020 2022: €-4k▲ +13.2% vs 2021 2023: €-17k▼ -341% vs 2022lowest in 8 years 2024: €-1k▲ +91.0% vs 2023 2025: €-2k▼ -33.9% vs 2024
2018 → 2025
Total assets
€482▲ 793%
2024 · €54
2018: €19khighest in 8 years 2019: €6k▼ -67.8% vs 2018 2020: €11k▲ +77.2% vs 2019 2021: €13k▲ +17.2% vs 2020 2022: €13k▼ -3.5% vs 2021 2023: €12k▼ -3.2% vs 2022 2024: €54▼ -99.6% vs 2023lowest in 8 years 2025: €482▲ +793% vs 2024
2018 → 2025
Solvency
-9284.5%▲ 69867.3pp
2024 · -79151.7%
2018: -117.4%highest in 8 years 2019: -131.3%▼ -11.9% vs 2018 2020: -147.9%▼ -12.6% vs 2019 2021: -159.8%▼ -8.1% vs 2020 2022: -195.9%▼ -22.5% vs 2021 2023: -340.2%▼ -73.7% vs 2022 2024: -79151.7%▼ -23165% vs 2023lowest in 8 years 2025: -9284.5%▲ +88.3% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-21k-€-25k▼ 18.3%€-41k▼ 68.2%€-43k▼ 3.6%€-45k▼ 4.7% 2021: €-21khighest in 5 years 2022: €-25k▼ -18.3% vs 2021 2023: €-41k▼ -68.2% vs 2022 2024: €-43k▼ -3.6% vs 2023 2025: €-45k▼ -4.7% vs 2024lowest in 5 years
Operating result€-4k-€-3k▲ 21.5%€-17k▼ 402%€-1k▲ 93.3%€-1k▼ 27.5% 2021: €-4k 2022: €-3k▲ +21.5% vs 2021 2023: €-17k▼ -402% vs 2022lowest in 5 years 2024: €-1k▲ +93.3% vs 2023highest in 5 years 2025: €-1k▼ -27.5% vs 2024
Net result€-4k-€-4k▲ 13.2%€-17k▼ 341%€-1k▲ 91.0%€-2k▼ 33.9% 2021: €-4k 2022: €-4k▲ +13.2% vs 2021 2023: €-17k▼ -341% vs 2022lowest in 5 years 2024: €-1k▲ +91.0% vs 2023highest in 5 years 2025: €-2k▼ -33.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-15k€-10k€-5k€0Operating result 2021: €-4k€-4kNet result 2021: €-4k€-4kOperating result 2022: €-3k€-3kNet result 2022: €-4k€-4kOperating result 2023: €-17k€-17kNet result 2023: €-17k€-17kOperating result 2024: €-1k€-1kNet result 2024: €-1k€-1kOperating result 2025: €-1k€-1kNet result 2025: €-2k€-2k20212022202320242025€-20k€-15k€-10k€-5k€0Operating result 2023: €-17k€-17kNet result 2023: €-17k€-17kOperating result 2024: €-1k€-1.1kNet result 2024: €-1k€-1.5kOperating result 2025: €-1k€-1.4kNet result 2025: €-2k€-2k202320242025
The operating result stays negative: a loss of €1k in 2025 against €1k in 2024; the loss grows.
Key figures and ratios
2025 value · change against 2024
Debt
€45k▲
2024 · €43k
Debt ≤ 1 year
€45k▲
2024 · €43k
Income taxes
€442▲
2024 · €365
Ratios withheld: a balance sheet total of €482 is too small for a meaningful ratio.
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 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€54€482▲
Fixed assets21/28-€0
Tangible fixed assets22/27-€0
Furniture and vehicles24-€0
Current assets29/58€54€482▲
Amounts receivable within one year40/41€54€482▲
Trade receivables40-€373
Other amounts receivable41€54€109▲
Equity and liabilities
Total equity and liabilities10/49€54€482▲
Equity10/15€-43k€-45k▼
Contributions10/11€30k€30k=
Profit (loss) carried forward14€-73k€-75k▼
Amounts payable17/49€43k€45k▲
Amounts payable within one year42/48€43k€45k▲
Financial debts43€3€95▲
Credit institutions430/8€3€95▲
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€7k€10k▲
Taxes450/3€3k€6k▲
Remuneration and social security454/9€4k€4k=
Other amounts payable47/48€32k€34k▲
Income statement Code20242025
Other operating charges640/8€877€827▼
Gross operating margin9900€-233€-588▼
Operating profit (loss)9901€-1k€-1k▼
Financial charges65/66B€23€149▲
Recurring financial charges65€23€149▲
Profit (loss) for the period before taxes9903€-1k€-2k▼
Income taxes67/77€365€442▲
Profit (loss) for the period9904€-1k€-2k▼
Profit (loss) for the period to be appropriated9905€-1k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-73k€-75k▼
Profit (loss) brought forward from the previous period14P€-71k€-73k▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€176€176€173---
Other operating charges640/8€777€964€427€877€827▼ 5.7%
Gross operating margin9900€-3k€-2k€-16k€-233€-588▼ 152%
Operating profit (loss)9901€-4k€-3k€-17k€-1k€-1k▼ 27.5%
Financial income75/76B-€1----
Recurring financial income75-€1----
Financial charges65/66B€62€386€94€23€149▲ 548%
Recurring financial charges65€62€386€94€23€149▲ 548%
Profit (loss) for the period before taxes9903€-4k€-4k€-17k€-1k€-2k▼ 38.0%
Income taxes67/77€118€120€131€365€442▲ 21.1%
Profit (loss) for the period9904€-4k€-4k€-17k€-1k€-2k▼ 33.9%
Profit (loss) for the period to be appropriated9905€-4k€-4k€-17k€-1k€-2k▼ 33.9%
Line20212022202320242025Change
Assets
Total assets20/58€13k€13k€12k€54€482▲ 793%
Fixed assets21/28€349€173--€0-
Tangible fixed assets22/27€349€173--€0-
Furniture and vehicles24€349€173--€0-
Current assets29/58€13k€12k€12k€54€482▲ 793%
Amounts receivable within one year40/41€225€6€12k€54€482▲ 793%
Trade receivables40€208-€12k-€373-
Other amounts receivable41€17€6-€54€109▲ 101%
Cash at bank and in hand54/58€392€339----
Deferred charges and accrued income490/1€12k€12k----
Equity and liabilities
Total equity and liabilities10/49€13k€13k€12k€54€482▲ 793%
Equity10/15€-21k€-25k€-41k€-43k€-45k▼ 4.7%
Contributions10/11€30k€30k€30k€30k€30k=
Profit (loss) carried forward14€-51k€-55k€-71k€-73k€-75k▼ 2.8%
Amounts payable17/49€34k€37k€53k€43k€45k▲ 5.7%
Amounts payable within one year42/48€33k€37k€53k€43k€45k▲ 5.7%
Financial debts43---€3€95▲ 3,105%
Credit institutions430/8---€3€95▲ 3,105%
Trade debts44€1k€1k€3k€4k€1k▼ 73.8%
Suppliers440/4€1k€1k€3k€4k€1k▼ 73.8%
Taxes, remuneration and social security45€7k€7k€7k€7k€10k▲ 44.7%
Taxes450/3€3k€3k€3k€3k€6k▲ 101%
Remuneration and social security454/9€4k€4k€4k€4k€4k=
Other amounts payable47/48€26k€29k€44k€32k€34k▲ 7.0%
Accrued charges and deferred income492/3€490-----
Line20212022202320242025Change
Profit (loss) for the period9904€-4k€-4k€-17k€-1k€-2k▼ 33.9%
+ Depreciation and write-downs630€176€176€173---
Operating cash flow (approximation)€-4k€-4k€-17k€-1k€-2k▼ 33.9%
Investment in fixed assets (approximation)-€0----
Change in cash-€-53----

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Sign in to download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
04-08
State Gazette act Restructuring
Merger · Name change · Purpose change6 facts ▸
  • Merger, Coffee Cafe Hasselt
  • Name change, Kaa
  • Purpose change, Het uitbaten van drank- en eetgelegenheden zoals een koffiebar, een café, een taveme, een snackbar of een fast-food-zaak en dergelijke. Verkoop van dranken voor…
  • Accounting effect, 01/01/2026
  • Power of attorney, Grivan bv
  • Power of attorney, Grivan bv
2025
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
25-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 25 days late
2023
31-12
Financial Weakest financial yearnet €-17k
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
28-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
17-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
07-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 38 days late
2019
19-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
28-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Hasselt · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
96 m²
Building footprint
111 m²
Volume, LiDAR
720 m³
Parcel 71022H0136/00H000, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
KAA
Badderijstraat 6, 3500 HasseltFinancial service activities, except insurance and pension funding
since 20132.216.720.115
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71022H0136/00H000 Flanders 96 m² 1 · 111 m² 11.9 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Purpose
Het ontplooien van activiteiten als adviesbedrijf, met de nadruk op profilering op adviesverlening in verband met marktgericht denken en handelen, meer bepaald op…
Full purpose

Het ontplooien van activiteiten als adviesbedrijf, met de nadruk op profilering op adviesverlening in verband met marktgericht denken en handelen, meer bepaald op strategieontwikkelingsadvies en op marketingadvies; Het tussenkomen in het (dagelijks) bestuur en de vertegenwoordiging van ondernemingen en vennootschappen in alle hoedanigheden, onder andere door het uitoefenen van mandaten als bestuurder, zaakvoerder, lid van het directiecomité en vereffenaar; Het verlenen van bijstand en advies aan bedrijven, privépersonen en instellingen, en het geven van vorming, voornamelijk doch niet uitsluitend op het vlak van productie, administratie, ontwikkeling en marketing; Het verstrekken van studie, raadgevende en commerciële diensten inzake management, projecten, marketing, sales en strategie aan derden; Het opzetten en begeleiden van sales-, marketing- en communicatieactiviteiten inzake public-relations, mailings, websites en e-commerce, beurzen, events, drukwerk, maar tevens prospectie- en verkoopacties; Het opzetten en integreren van activiteiten voor het bevorderen van kwaliteit en efficiëntie in organisaties; Het verlenen van advies, management, bijstand en andere diensten aan ondernemingen inzake planning, organisatie, efficiëntie van bedrijfsleiding, financiële leiding en algemeen beheer; Het begeleiden van ondernemingen en het verlenen van advies in handels-, nijverheids-, financiële, juridische, sociale en andere aangelegenheden; Het waarborgen van verbintenissen van derden, onder meer door goederen in pand of hypotheek te geven; Optreden als tussenpersoon bij onderhandelingen over gehele of gedeeltelijke overnames van aandelen en deelnemingen; Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke of persoonlijke rechten; In het algemeen, alles te doen wat de oprichting, uitbating, het beheer en het bestuur van de onderneming ten nut kan zijn.

Structure & network

Acquisitions and mergers

1 transaction
Taken over by:Coffee Cafe Hasselt
BE 0836.318.657proposal · State Gazette act of 04-08-2026 (2 acts)

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded19-02-2013
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services

Scores and ratios are computed by Checked and are not a credit decision.