KAF IMPEX
ActiveThe computed 12-month bankruptcy probability of KAF IMPEX is 2.3% (moderate). The 2025 annual accounts show negative equity (€-46k) and a net result of €11k. Equity is shrinking by ~66.7% per year across the filed fiscal years. Its solvency ranks better than 6% of 18207 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
41
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.33 against 0.26 in 2024; short-term debt: 295.3% and cash: 0.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-195.3%
Return on assets
49.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 18207 sector peers (2025).
NBB · sector comparisonPosition among 18207 sector peers
Solvency
better than 6%
← weakest
strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
31 d early
2024
319 d late
2023
308 d late
2022
203 d late
2021
62 d late
2020
77 d late
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-46k▲ 20.1%
2024 · €-57k
2020: €-4k
2021: €47k
2022: €17k
2023: €-16k
2024: €-57k
2020 → 2025
Total assets
€23k▲ 18.4%
2024 · €20k
2020: €18k
2021: €130k
2022: €91k
2023: €54k
2024: €20k
2020 → 2025
Net result
€11k
2024 · €-42k
2020: €-23k
2021: €51k
2022: €-30k
2023: €-33k
2024: €-42k
2020 → 2025
Working capital
€-46k▲ 19.1%
2024 · €-57k
2020: €-8k
2021: €69k
2022: €40k
2023: €8k
2024: €-57k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€47k-€17k▼ 63.2%€-16k€-57k▼ 268%€-46k▲ 20.1%
Operating result€52k-€-29k€-33k▼ 13.1%€-42k▼ 27.8%€14k
Net result€51k-€-30k€-33k▼ 10.7%€-42k▼ 27.2%€11k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14k after a loss of €42k in 2024.
Balance-sheet composition
Assets €23k
Fixed assets
€574
Current assets
€23k
Key figures and ratios
EBITDA
€14k▲
2024 · €-41k
Cash flow
€12k▲
2024 · €-41k
Solvency
-195.3%▲
2024 · -289.4%
Current ratio
0.33▲
2024 · 0.26
Quick ratio
0.33▲
2024 · 0.21
Debt / equity
-1.51▼
2024 · -1.35
ROA
49.1%▲
2024 · -210.8%
Interest coverage
6.60▲
2024 · -334.58
Debt
€69k▼
2024 · €77k
Debt ≤ 1 year
€69k▼
2024 · €77k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€20k€23k▲
Formation expenses20€0-
Fixed assets21/28€0€574▲
Tangible fixed assets22/27€0€574▲
Plant, machinery and equipment23-€574
Furniture and vehicles24€0-
Other tangible fixed assets26€0-
Current assets29/58€20k€23k▲
Stocks and contracts in progress3€4k-
Stocks30/36€4k-
Amounts receivable within one year40/41€16k€23k▲
Trade receivables40€29€3k▲
Other amounts receivable41€16k€19k▲
Cash at bank and in hand54/58-€127
Equity and liabilities
Total equity and liabilities10/49€20k€23k▲
Equity10/15€-57k€-46k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-76k€-65k▲
Amounts payable17/49€77k€69k▼
Amounts payable within one year42/48€77k€69k▼
Current portion of amounts payable after more than one year42€8k-
Financial debts43€116€116=
Credit institutions430/8€116€116=
Trade debts44€11k€7k▼
Suppliers440/4€11k€7k▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Remuneration and social security454/9€508-
Other amounts payable47/48€55k€60k▲
Income statement
Code20242025
Remuneration, social security and pensions62€645-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€656€76▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€4k
Other operating charges640/8€708€2k▲
Gross operating margin9900€-40k€19k▲
Operating profit (loss)9901€-42k€14k▲
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€122€2k▲
Recurring financial charges65€122€2k▲
Profit (loss) for the period before taxes9903€-42k€11k▲
Profit (loss) for the period9904€-42k€11k▲
Profit (loss) for the period to be appropriated9905€-42k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-76k€-65k▲
Profit (loss) brought forward from the previous period14P€-35k€-76k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
15-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 319 days late
2025
31-12
Financial
Back to profitnet €11k
Net result €11k after 3 loss-making years.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 308 days late
2024
31-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
19-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 203 days late
2022
01-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 62 days late
2021
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.21
Current ratio from 0.64 to 2.21.
16-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 77 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beringen · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Papenhofstraat 113583 BeringenGround area
1,642 m²
Building footprint
103 m²
Volume, LiDAR
584 m³
Parcel 71049B1414/00H011, Flanders · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KAF IMPEX
since 20202.300.479.615
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049B1414/00H011 | Flanders | 1,642 m² | 1 · 103 m² | 7.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,610 companies in sector 47551 we hold annual accounts for 1,718. 862 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-03-2020
Fiscal year end31-12
Activities, NACEBEL
47551Retail sale of household furniture
47591Retail trade
46150Agents in the wholesale of furniture, household goods and hardware
46471Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.