KAN10
ActiveSummary
KAN10 has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €214,493 and a net result of €245,584. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 65% of 13617 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency73▲+65
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 1.61 against 0.83 in 2024; short-term debt: 52% and cash: 79% of total assets), but 52% of the assets are financed with debt.
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Signals
Four 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48%
Return on assets
55%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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
11 d late
2024
29 d late
2023
8 d early
2022
28 d early
2021
4 d early
2020
8 d early
2019
2 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 1 day before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 27 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, micro schema
Equity
€214,493
2024 · -€31,091
Total assets
€446,785▲ 150%
2024 · €178,396
Net result
€245,584▲ 181%
2024 · €87,437
Working capital
€141,325
2024 · -€34,812
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service 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
Line20212022202320242025
Operating result-€3,984▼ 137%€4,441-€1,032€122,854€353,514▲ 188%
Net result-€4,104below the sector's middle half▼ 55.5%€4,409within the sector's middle half-€1,093within the sector's middle half€87,437above the sector's middle half€245,584above the sector's middle half▲ 181%
Equity-€121,845below the sector's middle half▼ 3.5%-€117,435below the sector's middle half▲ 3.6%-€118,528below the sector's middle half▼ 0.9%-€31,091below the sector's middle half▲ 73.8%€214,493above the sector's middle half
Total assets€3,531below the sector's middle half▼ 84.9%€1,093below the sector's middle half▼ 69.0%€178,396within the sector's middle half€446,785above the sector's middle half▲ 150%
Debt€125,376▼ 11.1%€118,528▼ 5.5%€118,528=€209,487▲ 76.7%€232,292▲ 10.9%
Working capital-€121,845below the sector's middle half▲ 10.6%-€117,435below the sector's middle half▲ 3.6%-€34,812below the sector's middle half€141,325above the sector's middle half
Solvency-17.4%below the sector's middle half48.0%within the sector's middle half▲ 65.4pp
Current ratio0.83within the sector's middle half1.61within the sector's middle half▲ 0.77
Return on assets (ROA)49.0%above the sector's middle half55.0%above the sector's middle half▲ 6.0pp
Staff (FTE)1.87.9▲ 339%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service 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
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 188% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €446,785
Fixed assets
€73,168 ▲ 1,866%
Current assets
€373,617 ▲ 114%
Equity and liabilities €446,785
Equity
€214,493
Debt
€232,292
Debt finances 52.0% of the balance-sheet total.
Key figures and ratios
EBITDA
€368,963▲
2024 · €122,945
Cash flow
€261,033▲
2024 · €87,529
Quick ratio
1.53▲
2024 · 0.82
Debt to equity
1.08▲
2024 · -6.74
ROE
114.5%
Interest coverage
66.55▲
2024 · 49.67
Debt ≤ 1 year
€232,292▲
2024 · €209,487
Income taxes
€102,754▲
2024 · €32,941
Staff costs
€412,554▲
2024 · €101,976
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 31,370 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €101,976 | €412,554 | ▲ 305% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,519 | - | - | €92 | €15,449 | ▲ 16,764% |
| Other operating charges640/8 | €3,870 | €671 | €704 | €307 | €1,218 | ▲ 297% |
| Gross operating margin9900 | €18,405 | €5,112 | -€327 | €225,228 | €782,735 | ▲ 248% |
| Operating profit (loss)9901 | -€3,984 | €4,441 | -€1,032 | €122,854 | €353,514 | ▲ 188% |
| Financial income75/76B | - | - | - | - | €369 | - |
| Recurring financial income75 | - | - | - | - | €369 | - |
| Financial charges65/66B | €120 | €32 | €61 | €2,475 | €5,544 | ▲ 124% |
| Recurring financial charges65 | €120 | €32 | €61 | €2,475 | €5,544 | ▲ 124% |
| Profit (loss) for the period before taxes9903 | -€4,104 | €4,409 | -€1,093 | €120,378 | €348,339 | ▲ 189% |
| Income taxes67/77 | - | - | - | €32,941 | €102,754 | ▲ 212% |
| Profit (loss) for the period9904 | -€4,104 | €4,409 | -€1,093 | €87,437 | €245,584 | ▲ 181% |
| Profit (loss) for the period to be appropriated9905 | -€4,104 | €4,409 | -€1,093 | €87,437 | €245,584 | ▲ 181% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3,531 | €1,093 | - | €178,396 | €446,785 | ▲ 150% |
| Fixed assets21/28 | - | - | - | €3,721 | €73,168 | ▲ 1,866% |
| Intangible fixed assets21 | - | - | - | - | €8,000 | - |
| Tangible fixed assets22/27 | - | - | - | €3,721 | €65,168 | ▲ 1,651% |
| Plant, machinery and equipment23 | - | - | - | €2,093 | €24,412 | ▲ 1,067% |
| Furniture and vehicles24 | - | - | - | €1,628 | €40,756 | ▲ 2,403% |
| Current assets29/58 | €3,531 | €1,093 | - | €174,676 | €373,617 | ▲ 114% |
| Stocks and contracts in progress3 | - | - | - | €3,795 | €17,286 | ▲ 355% |
| Stocks30/36 | - | - | - | €3,795 | €17,286 | ▲ 355% |
| Amounts receivable within one year40/41 | €1,848 | - | - | €277 | €3,283 | ▲ 1,085% |
| Trade receivables40 | €1,848 | - | - | - | €49 | - |
| Other amounts receivable41 | - | - | - | €277 | €3,235 | ▲ 1,067% |
| Cash at bank and in hand54/58 | €1,683 | €1,093 | - | €170,149 | €353,049 | ▲ 107% |
| Deferred charges and accrued income490/1 | - | - | - | €455 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3,531 | €1,093 | - | €178,396 | €446,785 | ▲ 150% |
| Equity10/15 | -€121,845 | -€117,435 | -€118,528 | -€31,091 | €214,493 | ▲ 790% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | - | - | - | €195,893 | - |
| Distributable reserves133 | - | - | - | - | €195,893 | - |
| Profit (loss) carried forward14 | -€140,445 | -€136,035 | -€137,128 | -€49,691 | - | - |
| Amounts payable17/49 | €125,376 | €118,528 | €118,528 | €209,487 | €232,292 | ▲ 10.9% |
| Amounts payable within one year42/48 | €125,376 | €118,528 | €118,528 | €209,487 | €232,292 | ▲ 10.9% |
| Trade debts44 | - | - | - | €22,742 | €29,471 | ▲ 29.6% |
| Suppliers440/4 | - | - | - | €22,742 | €29,471 | ▲ 29.6% |
| Taxes, remuneration and social security45 | - | - | - | €98,841 | €95,829 | ▼ 3.0% |
| Taxes450/3 | - | - | - | €72,022 | €49,939 | ▼ 30.7% |
| Remuneration and social security454/9 | - | - | - | €26,819 | €45,890 | ▲ 71.1% |
| Other amounts payable47/48 | €125,376 | €118,528 | €118,528 | €87,904 | €106,992 | ▲ 21.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,104 | €4,409 | -€1,093 | €87,437 | €245,584 | ▲ 181% |
| + Depreciation and write-downs630 | €18,519 | - | - | €92 | €15,449 | ▲ 16,764% |
| Operating cash flow (approximation) | €14,415 | €4,409 | -€1,093 | €87,529 | €261,033 | ▲ 198% |
| Investment in fixed assets (approximation) | - | - | - | - | -€84,896 | - |
| Change in cash | - | -€591 | - | - | €182,900 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-12
Financial
Highest result since 2018net €245,584 ▲181%
Operating result €353,514, net result €245,584, both a record.
31-12
Financial
Equity above €200,000Eq €214,493
2 profitable years in a row build equity to €214,493.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Back to profitnet €87,437
Net result €87,437 after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €4,409
Net result €4,409 after 4 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kasterlee · 1 establishment unit since 2001
Ground area
1,705 m²
Building footprint
308 m²
Volume, LiDAR
1,679 m³
2 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KAN10
since 20012.095.457.841
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13017D0002/00X000 | Flanders | 970 m² | 1 · 177 m² | 10.6 m · 2 fl. |
| 13018B0034/00A002 | Flanders | 735 m² | 1 · 131 m² | 7.3 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.
Public money · subsidies and aid
Flemish government
2025 · 2 entries · 3,230 EUR awarded · 3,230 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 3,230 EUR | 3,230 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteKasterlee2.095.457.841
Dual-learning approval
7 live approvalsHulpkelner (vwo)
Hulpkelner duaal (so)
Keukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Kok (vwo)
Kok duaal (so)
Show 1 more
Restaurant en keuken duaal (so)
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Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 8,405 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
Founded15-10-2001
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
55900Accommodation
56210Event catering
56220Contract catering and other food service activities
56309Food and beverage service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0475862994
Registered
30-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.