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Complete company report
Generated 14-08-2026
Active BE 0835.097.843Private limited company

KALIZA

Middelburgstraat 4-6 ·1170 Watermaal-Bosvoorde, Belgium· 15 yrs active
Sector: Cafés en bars (56301)
Conclusion Checked

The computed 12-month bankruptcy probability of KALIZA is 7.0% (elevated). The 2023 annual accounts show negative equity (€-8k) and a net result of €-4k. Equity is shrinking by ~28.7% per year across the filed fiscal years. Its solvency ranks better than 16% of 4791 sector peers (fiscal year 2023). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €-8k
Net result €-4k
Better than sector 16%
Active 15 yrs
Snowflake analysis 5 of 5 axes measured · computed by Checked
Health7Profitability100Solvency33Growth58Stability100
60 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 7
Profitability 100
Solvency 33
Growth 58
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
7.0% Elevated
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Annual accounts: weaker financial profile +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Established
Founded in 2011, 15 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags 0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2023 · computed
7 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 24-06-2024 with the NBB · fiscal year 2023 · micro
€-30k€-20k€-10k€0€10kOperating result 2019: €-12k€-12kNet result 2019: €-19k€-19kOperating result 2020: €-9k€-9kNet result 2020: €-28k€-28kOperating result 2021: €6k€6kNet result 2021: €6k€6kOperating result 2022: €1k€1kNet result 2022: €897€897Operating result 2023: €-4k€-4kNet result 2023: €-4k€-4k20192020202120222023
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~28.7%/year over 6 fiscal years, indicative, assuming unchanged policy.
€-20k€-10k€0€10k2024: €-10k (€-12k - €-8k)2025: €-12k (€-16k - €-8k)2026: €-14k (€-19k - €-8k)2018: €13k2019: €-8982020: €-10k2021: €-5k2022: €-4k2023: €-8k201820192020202120222023202420252026
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2023 · NACE 56, Food & beverage service · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -45.5% 16.7%
better than 16% of 4791 sector peers
Net result €-4k €2k
better than 33% of 4780 sector peers
Equity €-8k €11k
better than 25% of 4805 sector peers
Gross operating margin €-1k €42k
better than 14% of 4763 sector peers
Staff costs €46 €47k
higher than 5% of 3406 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€50k
- 18-23
EBITDA
€-2k
- 18-23
Net profit
€-4k
- 18-23
Cash flow
€-3k
- 18-23
Total assets
€18k
+7.2% 18-23
Equity
€-8k
-123.2% 18-23
Working capital
€-15k
-59.2% 18-23
Staff costs
€46
- 18-23
Debt
€26k
+28.0% 18-23
Debt ≤ 1y
€26k
+28.0% 18-23
Debt > 1y
€743
- 18-23
Current ratio
0.43
-20.4% 18-23
Quick ratio
0.26
-19.5% 18-23
Solvency
-45.5%
-108.2% 18-23
Debt / equity
-3.20
+42.7% 18-23
ROE
55.2%
- 18-23
ROA
-25.1%
- 18-23
Net margin
-10.5%
- 18-23
EBITDA margin
18.0%
- 18-23
Interest coverage
-5.35
- 18-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA€-2k
Net profit€-4k
Cash flow€-3k
Staff costs€46
Income taxes-
Dividends-
Total assets€18k
Equity€-8k
Debt€26k
of which ≤ 1y€26k
of which > 1y-
Working capital€-15k
Employees (FTE)-
Ratios (computed)
2023
Current ratio0.43
Quick ratio0.26
Working capital ratio-82.5%
Solvency-45.5%
Debt / equity-3.20
Long-term debt ratio-
Interest coverage-5.35
Gross margin-
Net margin-
ROA-25.1%
ROE55.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€18k
Fixed assets 21/28€7k
Tangible fixed assets 22/27€5k
Financial fixed assets 28€2k
Current assets 29/58€11k
Stocks & contracts in progress 3€4k
Amounts receivable within one year 40/41€1k
Cash & bank 54/58€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€18k
Equity 10/15€-8k
Contributions / capital 10/11€17k
Reserves 13€299
Accumulated profits (losses) 14€-26k
Amounts payable 17/49€26k
Amounts payable within one year 42/48€26k
Trade debts payable within one year 44€5k
Income statement
Gross operating margin 9900€-1k
Operating result 9901€-4k
Financial charges 65€422
Result before taxes 9903€-4k
Net result for the period 9904€-4k
Result to be appropriated 9905€-4k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 1 directors
Former directors (1)
  • STANLEY Benjamin
    Director
    State Gazette act 26349710 (30-07-2026)
    Former
    - → 06-12-2024
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary Cafés en bars(56301)
Legal form Private limited company(610)
Incorporation01-04-2011
StatusActive
Postal code1170
Establishment units 1 location
CHEZ BONNETTE
Middelburgstraat 4-6, 1170 Watermaal-BosvoordeEetgelegenheden met beperkte bediening
since 20112.198.152.038
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21652E0486/00F005 Brussels 118 m² 1 · 85 m² 13.2 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 14 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
30-07-2026
State Gazette act Legal-form change · Resignations & appointments
Director resignation · Director discharge
2024
24-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
15-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
03-11-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
10-11-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
24-12-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
30-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2018
28-09-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
07-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2016
30-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
2015
28-07-2015
NBB filing Annual accounts filed
fiscal year 2014 · volledig
Belgisch Staatsblad, acts 4 acts
All acts · 4 updated 15 days ago
2026
30-07-2026 Officer resignation · Officer discharge Open-capture extraction
  • Publication: 30/07/2026 · KALIZA
  • Filing: 28-07-2026 · KALIZA
  • Officer resignation: role: administrateur, end_date: 2024-12-06 · STANLEY Benjamin
  • Officer discharge · STANLEY Benjamin
Summary: Officer resignation · Officer discharge
Technical details 
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      "date": "2026-07-30",
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      "value": "30/07/2026",
      "object": null,
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    {
      "date": "2026-07-28",
      "type": "filing",
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      "value": "28-07-2026",
      "object": null,
      "subject": "e1"
    },
    {
      "type": "officer_resignation",
      "quote": "Monsieur STANLEY Benjamin ... a d\u00E9missionn\u00E9 de son mandat d\u0027administrateur de la soci\u00E9t\u00E9 avec effet au 6 d\u00E9cembre 2024.",
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      }
    }
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  "act_meta": {
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    "model_id": 50,
    "verified": true,
    "extractor": "verified-v1",
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  },
  "entities": [
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      "id": "e1",
      "kbo": "0835.097.843",
      "kind": "company",
      "name": "KALIZA",
      "attrs": {
        "seat": "Rue Middelbourg 4-6 1170 Watermael-Boitsfort",
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      }
    },
    {
      "id": "e2",
      "kbo": null,
      "kind": "person",
      "name": "STANLEY Benjamin",
      "attrs": {
        "rrn": "26349710",
        "address": "1310 La Hulpe, avenue du Bois Jacob 1"
      }
    }
  ]
}
2024
11-06-2024 3 directors appointed, 2 resigning Director changes
  • Barthélémy Charlyn, Directeur
  • Martorana Loris, Directeur
  • Stanley Benjamin, Directeur
  • Carette Sandra, Directeur
  • Bacaj Albulena, Directeur
Technical details 
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      "evidence_quote": "L\u0027assembl\u00E9e accepte \u00E0 l\u0027unanimit\u00E9 la d\u00E9mission avec effet au 28/03/2024, \u00E0 savoir: - Madame Carette Sandra, NN: 78.09.28-148.34",
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        "rrn": "93.03.16-239.91",
        "name": "Martorana Loris",
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      "evidence_quote": "L\u0027assembl\u00E9e accepte \u00E0 l\u0027unanimit\u00E9 la nomination avec effet au 28/03/2024, \u00E0 savoir : - Monsieur Martorana Loris, NN: 93.03.16-239.91",
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    },
    {
      "kind": "director_in",
      "role": "directeur",
      "person": {
        "rrn": "78.02.26-085.11",
        "name": "Stanley Benjamin",
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  "notary": {
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    "office_city": "bruxelles",
    "is_associated": false
  },
  "act_meta": {
    "language": "fr",
    "pub_date": "2024-06-11",
    "filing_date": "2024-06-03",
    "act_kind_objet": "Objet de l\u0027acte:"
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  "decisions": [
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      "body": "algemene_vergadering",
      "date": "2024-06-03",
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      "body": "algemene_vergadering",
      "date": "2024-06-03",
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  "is_correction": false,
  "subject_company": {
    "kbo": "0835.097.843",
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  "publication_proxy": {
    "kind": "person",
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    "org_name": null,
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  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2023
01-03-2023 Borghesu Fabrice resigns as director Director changes
  • Borghesu Fabrice, Bestuurder
Technical details 
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      "kind": "director_out",
      "role": "administrateur",
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      "reason": "de_plein_droit_dissolution",
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      "statutory": "statutair",
      "compensated": null,
      "effective_date": "2022-12-31",
      "evidence_quote": "L\u0027assembl\u00E9e accepte \u00E0 l\u0027unanimit\u00E9 la d\u00E9mission avec effet au 31/12/2022, \u00E0 savoir :\n- Madame Borghesu Fabrice, NN: 77.03.14-023.31",
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}
2022
05-04-2022 2 directors appointed, 1 resigning Director changes
  • Borghesu Fabrice, Bestuurder
  • Carrette Sandra, Bestuurder
  • Bran Crina Adina, Bestuurder
Technical details 
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      "effective_date": "2022-01-01",
      "evidence_quote": "L\u0027assembl\u00E9e accepte \u00E0 l\u0027unanimit\u00E9 la nomination avec effet au 01/01/2022, \u00E0 savoir:\n- Monsieur Borghesu Fabrice, NN: 77.03.14-023.31, un mandat \u00E0 titre gratuit",
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    },
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      "evidence_quote": "L\u0027assembl\u00E9e accepte \u00E0 l\u0027unanimit\u00E9 la nomination avec effet au 01/01/2022, \u00E0 savoir:\n- Madame Carrette Sandra, NN: 78.09.28-148.34",
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  "notary": {
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  "act_meta": {
    "language": "mixed",
    "pub_date": null,
    "filing_date": null,
    "act_kind_objet": "Objet de l\u0027acte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2022-04-05",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0835.097.843",
    "name_full": "KALIZA",
    "legal_form": "SPRL"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Albulena Bacaj",
    "org_rep_person_name": null,
    "person_role_at_subject": "Administrateur"
  },
  "co_filed_documents": [
    "Bij\u0142agen-bij -het Belgisch Staatsblad---05/04/2022---Annexes du-Moniteur-belge"
  ],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Cafés en bars56301Cafés en bars56301
Primary activity highlighted.
Names & trade names
Legal nameFR KALIZA
Registered office
Middelburgstraat 4-6
1170 Watermaal-Bosvoorde, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same sector and region · no size comparison possible · 1,340 of 13,888 with filed accounts
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BELLADONA BE 0768.818.733 · Watermaal-Bosvoorde
BIVOUWAGG BE 0744.606.741 · Watermaal-Bosvoorde
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C.F.D I INFINITY BE 1022.897.563 · Watermaal-Bosvoorde
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative