KAI
ActiveThe computed 12-month bankruptcy probability of KAI is 13.4% (high). The 2024 annual accounts show negative equity (€-48k) and a net result of €-3k. Equity is shrinking by ~31.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 18938 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
20
/ 100
Critical▼ -4 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability15▼-32
Solvency33=
Growth55▼-17
Stability100
Bankruptcy probability, 12 months
13.4%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.01 in 2023), 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 · 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
Sector 56
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 2024Solvency, return and age of the figures
Solvency
-367.4%
Return on assets
-25.1%
Age of the figures
20 mo
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 · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€48k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
46 d late
2023
12 d late
2022
31 d late
2021
8 d late
2020
10 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€56k▲ 18.6%
2023 · €47k
2020: €19k
2021: €41k
2022: €61k
2023: €47k
2020 → 2024
EBIT margin
-5.9%▼ 13.0pp
2023 · 7.1%
2020: -52.6%
2021: -23.4%
2022: -96.0%
2023: 7.1%
2020 → 2024
Net result
€-3k
2023 · €3k
2020: €-688
2021: €8k
2022: €-58k
2023: €3k
2020 → 2024
Working capital
€-59k▼ 9.4%
2023 · €-54k
2020: €-20
2021: €-4k
2022: €-59k
2023: €-54k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€19k-€41k▲ 111%€61k▲ 47.9%€47k▼ 22.8%€56k▲ 18.6%
Equity€2k-€10k▲ 347%€-48k€-45k▲ 6.6%€-48k▼ 7.3%
Operating result€-10k-€-10k▲ 6.1%€-58k▼ 507%€3k€-3k
Net result€-688-€8k€-58k€3k€-3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €3k after €3k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €13k
Fixed assets
€10k▲ 20.0%
Current assets
€3k▲ 340%
Key figures and ratios
EBITDA
€1k▼
2023 · €8k
Cash flow
€1k▼
2023 · €7k
Solvency
-367.4%▲
2023 · -487.7%
Current ratio
0.05▲
2023 · 0.01
Quick ratio
0.05▲
2023 · 0.01
Debt / equity
-1.27▼
2023 · -1.21
ROE
6.8%▲
2023 · -7.0%
ROA
-25.1%▼
2023 · 34.2%
Interest coverage
22.65▼
2023 · 40.12
Debt
€61k▲
2023 · €54k
Debt ≤ 1 year
€61k▲
2023 · €54k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€9k€13k▲
Fixed assets21/28€9k€10k▲
Intangible fixed assets21€350€300▼
Tangible fixed assets22/27€8k€4k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€4k€2k▼
Financial fixed assets28€80€6k▲
Current assets29/58€649€3k▲
Amounts receivable within one year40/41€64€2k▲
Other amounts receivable41€64€2k▲
Cash at bank and in hand54/58€585€770▲
Equity and liabilities
Total equity and liabilities10/49€9k€13k▲
Equity10/15€-45k€-48k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€-48k€-51k▼
Amounts payable17/49€54k€61k▲
Amounts payable within one year42/48€54k€61k▲
Trade debts44€32k€40k▲
Suppliers440/4€32k€40k▲
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€22k€19k▼
Income statement
Code20232024
Turnover70€47k€56k▲
Non-recurring operating income76A€1k-
Goods, raw materials, services and sundry goods60/61€39k€54k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€2k€508▼
Gross operating margin9900€9k€2k▼
Operating profit (loss)9901€3k€-3k▼
Financial charges65/66B€190€55▼
Recurring financial charges65€190€55▼
Profit (loss) for the period before taxes9903€3k€-3k▼
Profit (loss) for the period9904€3k€-3k▼
Profit (loss) for the period to be appropriated9905€3k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-48k€-51k▼
Profit (loss) brought forward from the previous period14P€-51k€-48k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €-58k ▼829%
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
10-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Brussel · 1 establishment unit since 2024
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.
Mechelsestraat 231000 BrusselGround area
81 m²
Building footprint
116 m²
Volume, LiDAR
820 m³
Parcel 21802B0104/00B000, Brussels · tallest building 16.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KAI
since 20242.354.056.376
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B0104/00B000 | Brussels | 81 m² | 1 · 116 m² | 16.6 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.354.056.376
Similar companies · same sector, comparable size
QUALITY PARTY
BE 0652.628.767
Aarschot · Eq €10k
BATUCA SRL
BE 0743.756.507
Sint-Joost-ten-Node · Eq €10k
TARON
BE 0760.541.861
Aalst · Eq €10k
LE DREAM 22
BE 0750.825.926
Machelen (Brab.) · Eq €10k
FILLEKE'S TAVERNE
BE 0437.855.228
Willebroek · Eq €10k
Of 13,834 companies in sector 56301 we hold annual accounts for 4,808. 3,467 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2020
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesE-mail:ilda.skenderi@hotmail.be
Phone:+32486379813
E-mail:jaquelineaquino@hotmail.com
Phone:0493859416