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KASA PAIN

Active
Private limited companyfounded 2019active for 7 yearsStalingradlaan 52, 1000 Brussel, Belgium284 active companies are registered at this addressKBO/BCE: BE 0721.725.332
Summary

The computed 12-month bankruptcy probability of KASA PAIN is 11.0% (high). The 2025 annual accounts show equity of €15,727 and a net result of €18,160. Equity is growing by about 48% per year across the filed financial years. Its solvency ranks better than 46% of 1,882 sector peers (NACE 10, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Artisanal bread and fresh pastry making
NACE 10712
1 site
Size
€56,285total assets 2025
Staff
1.3 FTE
Equity
€15,727
Profit
€18,160
Financial health
34 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
11.0%
Structure
Accounts filed 61 days late3 of 6 deeds read
Why 34raises risk2 changes of registered office in 24 monthsLatest accounts 61 days late; 3 of the last 3 lateEx-officio strike-off in the KBOFounded in 2019Show the evidence

Checked score

Score 2025
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 68% of its sector peers (NACE 47, micro)
Financial strength · tick = 2024
Strong
Solvency 53+32
equity 27.9% of total assets
Liquidity 37=
short-term debt 72.1% · cash 21.0%
Profitability 100+6
return on assets 32.3%
Bankruptcy probability, 12 months
11.0% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,226 companies, NACE 47, micro)
Last 24 months 11-2024: 7.8% 12-2024: 9.3%▲ +1.5 percentage points vs 11-2024 01-2025: 11.7%▲ +2.4 percentage points vs 12-2024 02-2025: 11.7%● unchanged vs 01-2025 03-2025: 12.3%▲ +0.6 percentage points vs 02-2025 04-2025: 11.5%▼ -0.8 percentage points vs 03-2025 05-2025: 16.0%▲ +4.5 percentage points vs 04-2025 06-2025: 15.8%▼ -0.2 percentage points vs 05-2025 07-2025: 15.8%● unchanged vs 06-2025 08-2025: 18.4%▲ +2.6 percentage points vs 07-2025 09-2025: 18.4%● unchanged vs 08-2025 10-2025: ≥ 25%▲ +11.6 percentage points vs 09-2025highest value 11-2025: 7.7%▼ -22.3 percentage points vs 10-2025 12-2025: 7.7%● unchanged vs 11-2025 01-2026: 7.6%▼ -0.1 percentage points vs 12-2025 02-2026: 7.6%● unchanged vs 01-2026 03-2026: 7.6%● unchanged vs 02-2026lowest value 04-2026: 7.8%▲ +0.2 percentage points vs 03-2026 05-2026: 8.4%▲ +0.6 percentage points vs 04-2026 06-2026: 15.3%▲ +6.9 percentage points vs 05-2026 07-2026: 15.5%▲ +0.2 percentage points vs 06-2026 08-2026: 17.7%▲ +2.2 percentage points vs 07-2026 09-2026: 19.2%▲ +1.5 percentage points vs 08-2026 10-2026: 11.0%▼ -8.2 percentage points vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.12, compared with 0.79 in 2024, below the usual 1.5; short-term debt: 72.1% and cash: 21% of total assets), and 72.1% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 43% on solvency, 35% on liquidity, 96% on profitability and 99% on growth.

The bankruptcy probability was computed on 22-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Latest accounts 61 days late; 3 of the last 3 late
NBB · filings
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Founded in 2019
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
61 days late
2024
92 days late
2023
677 days late
2022
424 days late
2021
113 days late
2020
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 238 days after the deadline; the sector median (NACE 10) for financial year 2024 is 4 days before the deadline, and 38% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 November (4 of the last 5 filed years within 311 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
  1. Annual accounts filedfinancial year 2025 · micro…
  2. End & cessation · MiscellaneousCourt decision
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 61 days View
  • Positive: 5 profitable years in a rowprofit 2025: €18,160 5 years View
  • Total assets 20256 financial years filed €56,285 View

By topic

Financials

Financial year
2025
Total assets
€56,285
Profit
€18,160
Solvency
27.9%
Total assets▼ 10.0%
Net result
20202025
Go to Financials

Timeline

Events
13
Since
2021
Next accounts
by 31-07-2027
  1. 04-06-2026Judicial dissolution, liquidator appointed
  2. 28-05-2026Registered office
  3. 31-12-2025Highest result from 2020 to 2025
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Artisanal bread and fresh pastry makingNACE 10712
Founded
28-02-2019
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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