KAINA'M
ActiveKAINA'M has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €932k and a net result of €-246k. Equity is growing by ~3.8% per year across the filed fiscal years. Its solvency ranks better than 51% of 10242 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
15
/ 100
Critical▼ -49 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-10
Solvency59▼-10
Growth52=
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.97 against 1.21 in 2024), and 61.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 d late
2024
6 d late
2023
27 d late
2022
29 d late
2021
18 d late
2020
24 d early
2019
20 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€932k▼ 20.9%
2024 · €1.18M
2018: €819k
2019: €854k
2020: €1.03M
2021: €1.15M
2022: €1.08M
2023: €1.15M
2024: €1.18M
2018 → 2025
Total assets
€2.43M▼ 12.2%
2024 · €2.76M
2018: €3.72M
2019: €3.37M
2020: €3.33M
2021: €3.01M
2022: €3.08M
2023: €3.00M
2024: €2.76M
2018 → 2025
Net result
€-246k
2024 · €23k
2018: €209k
2019: €35k
2020: €173k
2021: €119k
2022: €-71k
2023: €79k
2024: €23k
2018 → 2025
Working capital
€-31k
2024 · €188k
2018: €33k
2019: €-458k
2020: €125k
2021: €328k
2022: €139k
2023: €155k
2024: €188k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.15M-€1.08M▼ 6.2%€1.15M▲ 7.4%€1.18M▲ 2.0%€932k▼ 20.9%
Operating result€147k-€-79k€95k€46k▼ 51.9%€-232k
Net result€119k-€-71k€79k€23k▼ 70.5%€-246k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €232k after €46k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.43M
Fixed assets
€1.43M▼ 15.2%
Current assets
€996k▼ 7.5%
Equity and liabilities €2.43M
Equity
€932k▼ 20.9%
Debt
€1.49M▼ 5.8%
The debt ratio rises from 57.4% to 61.6%: equity shrinks faster than debt is paid down.
Key figures and ratios
EBITDA
€24k▼
2024 · €321k
Cash flow
€11k▼
2024 · €299k
Solvency
38.4%▼
2024 · 42.6%
Current ratio
0.97▼
2024 · 1.21
Quick ratio
0.47▼
2024 · 0.47
Debt / equity
1.60▲
2024 · 1.35
ROE
-26.4%▼
2024 · 2.0%
ROA
-10.1%▼
2024 · 0.8%
Interest coverage
0.60▼
2024 · 7.90
Debt
€1.49M▼
2024 · €1.59M
Debt ≤ 1 year
€1.03M▲
2024 · €888k
Debt > 1 year
€443k▼
2024 · €662k
Income taxes
€-698▼
2024 · €1k
Staff costs
€488k▼
2024 · €547k
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€2.76M€2.43M▼
Fixed assets21/28€1.69M€1.43M▼
Tangible fixed assets22/27€1.69M€1.43M▼
Land and buildings22€1.66M€1.42M▼
Plant, machinery and equipment23€5k€3k▼
Furniture and vehicles24€21k€11k▼
Other tangible fixed assets26€198€0▼
Financial fixed assets28€200€200=
Current assets29/58€1.08M€996k▼
Stocks and contracts in progress3€662k€517k▼
Stocks30/36€662k€517k▼
Amounts receivable within one year40/41€80k€52k▼
Trade receivables40€20k€6k▼
Other amounts receivable41€60k€46k▼
Current investments50/53€9k€20k▲
Cash at bank and in hand54/58€307k€391k▲
Deferred charges and accrued income490/1€19k€17k▼
Equity and liabilities
Total equity and liabilities10/49€2.76M€2.43M▼
Equity10/15€1.18M€932k▼
Contributions10/11€19k€19k=
Reserves13€1.16M€913k▼
Distributable reserves133€1.16M€913k▼
Amounts payable17/49€1.59M€1.49M▼
Amounts payable after more than one year17€662k€443k▼
Financial debts170/4€662k€443k▼
Amounts payable within one year42/48€888k€1.03M▲
Current portion of amounts payable after more than one year42€244k€219k▼
Financial debts43-€9k
Credit institutions430/8-€9k
Trade debts44€176k€255k▲
Suppliers440/4€176k€255k▲
Taxes, remuneration and social security45€53k€79k▲
Taxes450/3€2k€37k▲
Remuneration and social security454/9€52k€41k▼
Other amounts payable47/48€415k€466k▲
Accrued charges and deferred income492/3€35k€24k▼
Income statement
Code20242025
Remuneration, social security and pensions62€547k€488k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€275k€257k▼
Other operating charges640/8€23k€20k▼
Non-recurring operating charges66A-€20
Gross operating margin9900€892k€533k▼
Operating profit (loss)9901€46k€-232k▼
Financial income75/76B€20k€26k▲
Recurring financial income75€20k€26k▲
Financial charges65/66B€41k€40k▼
Recurring financial charges65€41k€40k▼
Profit (loss) for the period before taxes9903€25k€-247k▼
Income taxes67/77€1k€-698▼
Profit (loss) for the period9904€23k€-246k▼
Profit (loss) for the period to be appropriated9905€23k€-246k▼
Appropriation of the result
Profit (loss) to be appropriated9906€23k€-246k▼
Transfer from equity791/2-€246k
Transfer to equity691/2€23k€0▼
To other reserves6921€23k€0▼
Social balance
Average headcount (FTE)908710.18.5▼
The notes to these accounts (17 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-246k ▼1150%
Net result drops to €-246k, the lowest in the series.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 6 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-12
Financial
Back to profitnet €79k
Net result €79k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
18-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 18 days late
2021
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €1MEq €1.03M ▲20.3%
3 profitable years in a row build equity to €1.03M.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 20 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 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, Roeselare · 4 establishment units since 2003
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.
Hendrik Consciencestraat 128800 RoeselareGround area
1,632 m²
Building footprint
1,043 m²
Volume, LiDAR
11,529 m³
3 parcels, Flanders · tallest building 19.1 m, ±5 floors. Linked by address, not a title deed.
4 establishment units
MANIAK
since 20032.126.462.209
LIU JO
since 20092.300.994.507
7 FOR ALL MANKIND
since 20142.300.993.616
mania-k cafe
since 20182.281.228.677
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36015A0363/02C008 | Flanders | 1,157 m² | 1 · 555 m² | 18.5 m · 3 fl. |
| 36502B0055/00P000 | Flanders | 380 m² | 1 · 385 m² | 18.7 m · 5 fl. |
| 36502B0040/00S000 | Flanders | 94 m² | 1 · 103 m² | 19.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 3 entries · 3,941 EUR awarded · 3,896 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,420 EUR | 2,420 EUR |
| 2023 | 1 | 300 EUR | 1,476 EUR |
| 2022 | 1 | 1,221 EUR | 0 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
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S.V.G.
BE 0421.357.904
Asse · Eq €944k
Boetiek Marie Claire - Zoute
BE 0414.713.008
Knokke-Heist · Eq €951k
PATIO FASHION
BE 0416.737.338
Heist-op-den-Berg · Eq €952k
ESPACE KWESTO
BE 0465.413.225
Hasselt · Eq €966k
Of 2,200 companies in sector 47711 we hold annual accounts for 889. 399 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-02-2003
Fiscal year end31-12
Activities, NACEBEL
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
52421
52423
47715Retail trade
47721Retail sale of footwear
47722Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.mania-k.be
E-mail:administratie@mania-k.be