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KAIVKA

Active
Private limited companyfounded 201610 yrs activeH.-Geestmolenstraat 138, 9160 Lokeren, BelgiumKBO/BCE: BE 0655.722.671
Summary

KAIVKA has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €194,897 and a net result of -€24,589. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 31% of 12348 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Agents specialised in the wholesale of other particular products
NACE 46180
1 site
Size
€1.2mtotal assets 2025
Equity
€194,897
Loss
-€24,589
Turnover not published (abridged schema)
Financial health
89 Excellent Checked score 2025
Bankruptcy chance 12 m
0.1%
Structure
Holdings
1
Accounts 1 d early0 of 3 deeds read
Why 89- Equity €194,897 (16.4% of total assets)+ Size: total assets €1.2m+ Figures for FY 2025 (filed 05-02-2026)+ Liquidity: current ratio 0.90, cash €687,138Show the evidence

Checked score

Score 2025
89 / 100
Excellent
Probability in this band: under 0.55%
Better than 31% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency 41-37
equity 16.4% of total assets
Liquidity 63-26
short-term debt 68.6% · cash 58.0%
Profitability 19-81
return on assets -2.1%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,765 companies)
Last 19 months 04-2025: < 0.1%lowest value 05-2025: < 0.1%● 0.0% vs 04-2025lowest value 06-2025: < 0.1%● 0.0% vs 05-2025lowest value 07-2025: < 0.1%● 0.0% vs 06-2025lowest value 08-2025: < 0.1%▲ +2.2% vs 07-2025 09-2025: < 0.1%● 0.0% vs 08-2025 10-2025: < 0.1%▲ +2.1% vs 09-2025 11-2025: < 0.1%● 0.0% vs 10-2025 12-2025: 0.1%▲ +12.5% vs 11-2025 01-2026: 0.1%▲ +27.8% vs 12-2025 02-2026: 0.2%▲ +128% vs 01-2026highest value 03-2026: 0.1%▼ -13.4% vs 02-2026 04-2026: 0.1%● 0.0% vs 03-2026 05-2026: 0.1%● 0.0% vs 04-2026 06-2026: 0.1%● 0.0% vs 05-2026 07-2026: 0.1%● 0.0% vs 06-2026 08-2026: 0.1%▲ +0.7% vs 07-2026 09-2026: 0.1%▲ +3.6% vs 08-2026 10-2026: 0.1%▲ +2.8% vs 09-2026
  • Size: total assets €1.2m lowers the probability for this profile
  • Figures for FY 2025 (filed 05-02-2026) lowers the probability
  • Liquidity: current ratio 0.90, cash €687,138 lowers the probability
  • Equity €194,897 (16.4% of total assets) raises the probability
Credit up to €17,000 at 30 days acceptable
Liquidity short (current ratio 0.9 against 2.3 in 2024; short-term debt: 68.6% and cash: 58% of total assets), and 83.6% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 28%, liquidity 69%, profitability 22%, growth against the median 6%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €1.2m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 05-02-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.90, cash €687,138
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
raises risk · Equity €194,897 (16.4% of total assets)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
1 d early
2024
1 d early
2023
2 d early
2022
on the day
2021
on the day
2020
2 d late
2019
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 30 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close02-10-2026 today31-01-2027 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
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€24,589
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Caution: From profit to loss in 2025after €585,861 in 2024 -€24,589 View
  • Caution: Among the weakest 10% on net resultsector median €5,605 · 12,356 companies -€24,589 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

By topic

Financials

Fiscal year
2025
Total assets
€1.2m
Loss
-€24,589
Solvency
16.4%
Total assets▼ 17.2%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2018
Next accounts
by 31-01-2027
  1. 30-01-2026Annual accounts filed
  2. 30-06-2025Weakest financial year
  3. 30-01-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents specialised in the wholesale of other particular…NACE 46180
Founded
27-05-2016
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

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