KANIA AFRO

Active

Private limited companyfounded 20197 yrs activePaleizenstraat 71, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0728.666.176

The computed 12-month bankruptcy probability of KANIA AFRO is 3.4% (moderate). The 2024 annual accounts show equity of €30k and a net result of €7k. Equity is growing by ~20.7% per year across the filed fiscal years. Its solvency ranks better than 49% of 26052 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

46 / 100

Fair

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability62▼-1

Solvency56▲+4

Growth85=

Track record100

Bankruptcy probability, 12 months

3.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity tight (current ratio 1.39 against 1.22 in 2023; short-term debt: 68.7% and cash: 5.8% of total assets), and 68.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

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

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

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 →

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

31.3%

Return on assets

7.4%

Age of the figures

21 mo

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-09-2025, 58 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 · 6 filings

Deviation from the deadline

2025

not confirmed

2024

58 d late

2023

13 d late

2022

25 d late

2021

50 d late

2020

12 d late

2019

19 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Turnover

€444k▲ 22.4%

2023 · €363k

2019: €121k 2020: €295k 2021: €325k 2022: €387k 2023: €363k

2019 → 2024

EBIT margin

1.8%▲ 0.2pp

2023 · 1.5%

2019: 0.8% 2020: 0.6% 2021: 0.8% 2022: 0.8% 2023: 1.5%

2019 → 2024

Net result

€7k▲ 30.4%

2023 · €5k

2019: €977 2020: €2k 2021: €2k 2022: €3k 2023: €5k

2019 → 2024

Working capital

€25k▲ 84.3%

2023 · €14k

2019: €10k 2020: €649 2021: €-4k 2022: €-654 2023: €14k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€295k-€325k▲ 9.9%€387k▲ 19.1%€363k▼ 6.2%€444k▲ 22.4%

Equity€13k-€15k▲ 13.0%€17k▲ 18.3%€23k▲ 31.4%€30k▲ 31.2%

Operating result€2k-€3k▲ 61.0%€3k▲ 16.4%€6k▲ 77.1%€8k▲ 39.1%

Net result€2k-€2k▲ 10.8%€3k▲ 58.9%€5k▲ 103%€7k▲ 30.4%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen four years in a row; 2024 is 39% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €95k

95.3%

Fixed assets €4k▼ 50.3%

Current assets €91k▲ 18.5%

Equity and liabilities €95k

31.3%

68.7%

Equity €30k▲ 31.2%

Debt €65k▲ 4.1%

The debt ratio falls from 73.4% to 68.7%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€12k▼

2023 · €15k

Cash flow

€12k▼

2023 · €14k

Solvency

31.3%▲

2023 · 26.6%

Current ratio

1.39▲

2023 · 1.22

Quick ratio

0.14▼

2023 · 0.45

Debt / equity

2.20▼

2023 · 2.76

ROE

23.8%▼

2023 · 23.9%

ROA

7.4%▲

2023 · 6.4%

Interest coverage

17.15▼

2023 · 82.66

Debt

€65k▲

2023 · €63k

Debt ≤ 1 year

€65k▲

2023 · €63k

Staff costs

€45k▲

2023 · €34k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€85k€95k▲

Fixed assets21/28€9k€4k▼

Tangible fixed assets22/27€9k€4k▼

Plant, machinery and equipment23€2k€1k▼

Furniture and vehicles24€7k€3k▼

Current assets29/58€76k€91k▲

Stocks and contracts in progress3€48k€81k▲

Stocks30/36€48k€81k▲

Amounts receivable within one year40/41€20k€4k▼

Trade receivables40€17k€674▼

Other amounts receivable41€3k€3k▼

Cash at bank and in hand54/58€7k€6k▼

Deferred charges and accrued income490/1€666-

Equity and liabilities

Total equity and liabilities10/49€85k€95k▲

Equity10/15€23k€30k▲

Contributions10/11€10k€10k=

Reserves13€1k€2k▲

Non-distributable reserves130/1€1k€2k▲

Reserves not available under the articles1311€1k€2k▲

Profit (loss) carried forward14€11k€17k▲

Amounts payable17/49€63k€65k▲

Amounts payable within one year42/48€63k€65k▲

Trade debts44€45k€24k▼

Suppliers440/4€45k€24k▼

Taxes, remuneration and social security45€5k€26k▲

Taxes450/3€5k€13k▲

Remuneration and social security454/9€170€13k▲

Other amounts payable47/48€12k€16k▲

Income statement Code20232024

Turnover70€363k€444k▲

Goods, raw materials, services and sundry goods60/61€314k€386k▲

Remuneration, social security and pensions62€34k€45k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€5k▼

Other operating charges640/8€260€790▲

Gross operating margin9900€49k€58k▲

Operating profit (loss)9901€6k€8k▲

Financial charges65/66B€176€717▲

Recurring financial charges65€176€717▲

Profit (loss) for the period before taxes9903€5k€7k▲

Profit (loss) for the period9904€5k€7k▲

Profit (loss) for the period to be appropriated9905€5k€7k▲

Appropriation of the result

Profit (loss) to be appropriated9906€12k€18k▲

Profit (loss) brought forward from the previous period14P€6k€11k▲

Transfer to equity691/2€579€900▲

To the legal reserve6920€579€900▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 1Filings 6

2025

27-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 58 days late

2024

31-12

Financial Highest result since 2019net €7k ▲30.4%

Operating result €8k, net result €7k, both a record.

13-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 13 days late

2023

25-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 25 days late

2022

19-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 50 days late

2021

12-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 12 days late

2020

19-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 19 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Schaarbeek · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Paleizenstraat 711030 Schaarbeek

Ground area

109 m²

Building footprint

84 m²

Volume, LiDAR

1,117 m³

Parcel 21909E0218/00T012, Brussels · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

KANIA AFRO

Paleizenstraat 71, 1030 SchaarbeekRetail trade

since 20192.291.068.635

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21909E0218/00T012	Brussels	109 m²	1 · 84 m²	17.7 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

1 site

Schaarbeek2.291.068.635

1 permission

Toelating · Detailhandel met verwerking · since 25-10-2019

Similar companies · same sector, comparable size

Sint-Niklaas · Eq €30k

Of 10,530 companies in sector 47110 we hold annual accounts for 5,858. 4,427 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded20-06-2019

Fiscal year end31-12

Activities, NACEBEL

47110Non-specialised retail sale with food, beverages or tobacco predominating

47112Retail trade

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.