Skip to content

KAIZEN SERVICES

Active
Private limited companyfounded 20224 yrs activeEsdoornlaan 15, 1600 Sint-Pieters-Leeuw, BelgiumKBO/BCE: BE 0780.544.845
Summary

The computed 12-month bankruptcy probability of KAIZEN SERVICES is 2.9% (moderate). The 2024 annual accounts show equity of €4,478 and a net result of €1,382. Equity is growing by ~35.9% per year across the filed fiscal years. Its solvency ranks better than 37% of 5899 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability61▲+5
Solvency55▲+2
Growth85▲+7
Track record94
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.43 against 1.39 in 2023; short-term debt: 70.1% and cash: 10.8% of total assets), and 70.1% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← 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 2024
Solvency, return and age of the figures
Solvency
29.9%
Return on assets
9.2%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-03-2026, 230 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
230 d late
2023
320 d late
2022
123 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 224 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
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

History

KAIZEN SERVICES was incorporated on 17 January 2022 as a Private limited company.1 Total assets rose from EUR 2,416 in 2022 to EUR 14,976 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Turnover
€87,631▲ 86.3%
2023 · €47,042
EBIT margin
4.4%▲ 1.6pp
2023 · 2.8%
Net result
€1,382▲ 64.8%
2023 · €839
Working capital
€4,478▲ 44.6%
2023 · €3,096
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line202220232024
Turnover€47,042€87,631▲ 86.3%
Operating result€807-€1,308▲ 62.0%€3,866▲ 196%
Net result€807within the sector's middle half-€839within the sector's middle half▲ 3.9%€1,382within the sector's middle half▲ 64.8%
EBIT margin2.8%4.4%▲ 1.6pp
Equity€2,257below the sector's middle half-€3,096below the sector's middle half▲ 37.2%€4,478below the sector's middle half▲ 44.6%
Total assets€2,416below the sector's middle half-€11,088below the sector's middle half▲ 359%€14,976below the sector's middle half▲ 35.1%
Debt€158-€7,992▲ 4,954%€10,498▲ 31.4%
Working capital€2,257within the sector's middle half-€3,096within the sector's middle half▲ 37.2%€4,478within the sector's middle half▲ 44.6%
Solvency27.9%within the sector's middle half29.9%within the sector's middle half▲ 2.0pp
Current ratio1.39within the sector's middle half1.43within the sector's middle half▲ 0.04
Return on assets (ROA)7.6%within the sector's middle half9.2%within the sector's middle half▲ 1.7pp
above within below the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1,000€2,000€3,000€4,000Operating result 2022: €807€807Net result 2022: €807€807Operating result 2023: €1,308€1,308Net result 2023: €839€839Operating result 2024: €3,866€3,866Net result 2024: €1,382€1,382202220232024€0€1,000€2,000€3,000€4,000Operating result 2022: €807€807Net result 2022: €807€807Operating result 2023: €1,308€1,310Net result 2023: €839€839Operating result 2024: €3,866€3,870Net result 2024: €1,382€1,380202220232024
The operating result has risen two years in a row; 2024 is 196% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €14,976
Equity €4,478 ▲ 44.6%
Debt €10,498 ▲ 31.4%
Debt's share of the balance-sheet total falls from 72.1% to 70.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Debt to equity
2.34▼
2023 · 2.58
ROE
30.9%▲
2023 · 27.1%
Debt ≤ 1 year
€10,498▲
2023 · €7,992
Income taxes
€594▲
2023 · €424
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.1% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.1% went bankrupt
1.6% stopped otherwise
94% still going

A further 1.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,976 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€11,088€14,976▲
Current assets29/58€11,088€14,976▲
Amounts receivable within one year40/41€10,971€13,362▲
Trade receivables40€8,313€10,780▲
Other amounts receivable41€2,657€2,582▼
Cash at bank and in hand54/58€118€1,614▲
Equity and liabilities
Total equity and liabilities10/49€11,088€14,976▲
Equity10/15€3,096€4,478▲
Contributions10/11€1,450€1,450=
Profit (loss) carried forward14€1,646€3,028▲
Amounts payable17/49€7,992€10,498▲
Amounts payable within one year42/48€7,992€10,498▲
Trade debts44€7,090€8,856▲
Suppliers440/4€7,090€8,856▲
Taxes, remuneration and social security45€424€714▲
Taxes450/3€424€714▲
Other amounts payable47/48€478€928▲
Income statement Code20232024
Turnover70€47,042€87,631▲
Goods, raw materials, services and sundry goods60/61€45,124€82,966▲
Other operating charges640/8€609€799▲
Gross operating margin9900€1,918€4,665▲
Operating profit (loss)9901€1,308€3,866▲
Financial income75/76B-€17
Recurring financial income75-€17
Financial charges65/66B€45€1,907▲
Recurring financial charges65€45€1,907▲
Profit (loss) for the period before taxes9903€1,263€1,976▲
Income taxes67/77€424€594▲
Profit (loss) for the period9904€839€1,382▲
Profit (loss) for the period to be appropriated9905€839€1,382▲
Appropriation of the result
Profit (loss) to be appropriated9906€1,646€3,028▲
Profit (loss) brought forward from the previous period14P€807€1,646▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202220232024Change
Turnover70-€47,042€87,631▲ 86.3%
Goods, raw materials, services and sundry goods60/61-€45,124€82,966▲ 83.9%
Other operating charges640/8-€609€799▲ 31.1%
Gross operating margin9900€807€1,918€4,665▲ 143%
Operating profit (loss)9901€807€1,308€3,866▲ 196%
Financial income75/76B--€17-
Recurring financial income75--€17-
Financial charges65/66B-€45€1,907▲ 4,114%
Recurring financial charges65-€45€1,907▲ 4,114%
Profit (loss) for the period before taxes9903€807€1,263€1,976▲ 56.5%
Income taxes67/77-€424€594▲ 40.1%
Profit (loss) for the period9904€807€839€1,382▲ 64.8%
Profit (loss) for the period to be appropriated9905€807€839€1,382▲ 64.8%
Line202220232024Change
Assets
Total assets20/58€2,416€11,088€14,976▲ 35.1%
Current assets29/58€2,416€11,088€14,976▲ 35.1%
Amounts receivable within one year40/41€1,617€10,971€13,362▲ 21.8%
Trade receivables40€0€8,313€10,780▲ 29.7%
Other amounts receivable41€1,617€2,657€2,582▼ 2.8%
Cash at bank and in hand54/58€798€118€1,614▲ 1,273%
Equity and liabilities
Total equity and liabilities10/49€2,416€11,088€14,976▲ 35.1%
Equity10/15€2,257€3,096€4,478▲ 44.6%
Contributions10/11€1,450€1,450€1,450=
Profit (loss) carried forward14€807€1,646€3,028▲ 83.9%
Amounts payable17/49€158€7,992€10,498▲ 31.4%
Amounts payable within one year42/48€158€7,992€10,498▲ 31.4%
Current portion of amounts payable after more than one year42€158---
Trade debts44-€7,090€8,856▲ 24.9%
Suppliers440/4-€7,090€8,856▲ 24.9%
Taxes, remuneration and social security45-€424€714▲ 68.3%
Taxes450/3-€424€714▲ 68.3%
Other amounts payable47/48-€478€928▲ 94.3%
Line202220232024Change
Profit (loss) for the period9904€807€839€1,382▲ 64.8%
Operating cash flow (approximation)€807€839€1,382▲ 64.8%
Change in cash--€681€1,496▲ 320%

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
18-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 230 days late
2025
16-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 320 days late
2024
31-12
Financial Highest result since 2022net €1,382 ▲64.8%
Operating result €3,866, net result €1,382, both a record.
2023
01-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 123 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has 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
2 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, Sint-Pieters-Leeuw · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
547 m²
Building footprint
168 m²
Volume, LiDAR
957 m³
2 parcels, Flanders · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KAIZEN SERVICES
Bergensesteenweg 291, 1600 Sint-Pieters-LeeuwGeneral cleaning of buildings
since 20222.333.778.230
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23582E0652/00E000 Flanders 393 m² 1 · 91 m² 9.5 m · 3 fl.
23582E0669/00R000 Flanders 155 m² 1 · 77 m² 8.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 7,364 companies in sector 81210 we hold annual accounts for 2,741. 1,258 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded17-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
81210General cleaning of buildings
E-invoicing
Reachable via Peppol
Peppol ID 0208:0780544845
Also 9925:BE0780544845
Registered 23-12-2025

Register as of 28 September 2026 · Peppol Directory

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