KASA PAIN
The computed 12-month bankruptcy probability of KASA PAIN is 10.9% (high). The 2024 annual accounts show negative equity (€-3k) and a net result of €13k. Equity is growing by ~31.3% per year across the filed fiscal years. Its solvency ranks better than 25% of 6720 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
| Equity | €-3k |
| Net result | €13k |
| Staff (FTE) | 3 |
| Better than sector | 25% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -4.1% | 20.4% | |
| Net result | €13k | €4k | |
| Equity | €-3k | €16k | |
| Gross operating margin | €66k | €24k | |
| Staff costs | €33k | €33k |
Show 10 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €31k |
| Net profit | €13k |
| Cash flow | €22k |
| Staff costs | €33k |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €63k |
| Equity | €-3k |
| Debt | €65k |
| of which ≤ 1y | €65k |
| of which > 1y | - |
| Working capital | €-14k |
| Employees (FTE) | 3.0 |
| 2024 | |
|---|---|
| Current ratio | 0.79 |
| Quick ratio | 0.51 |
| Working capital ratio | -22.1% |
| Solvency | -4.1% |
| Debt / equity | -25.65 |
| Long-term debt ratio | - |
| Interest coverage | 9.53 |
| Gross margin | - |
| Net margin | - |
| ROA | 20.2% |
| ROE | -498.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €63k |
| Fixed assets | 21/28 | €11k |
| Intangible fixed assets | 21 | €5k |
| Tangible fixed assets | 22/27 | €7k |
| Current assets | 29/58 | €51k |
| Stocks & contracts in progress | 3 | €18k |
| Amounts receivable within one year | 40/41 | €14k |
| Cash & bank | 54/58 | €19k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €63k |
| Equity | 10/15 | €-3k |
| Contributions / capital | 10/11 | €6k |
| Reserves | 13 | €407 |
| Accumulated profits (losses) | 14 | €-9k |
| Amounts payable | 17/49 | €65k |
| Amounts payable within one year | 42/48 | €65k |
| Trade debts payable within one year | 44 | €20k |
| Income statement | ||
| Gross operating margin | 9900 | €66k |
| Operating result | 9901 | €21k |
| Financial income | 75 | €3 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €18k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €13k |
| Result to be appropriated | 9905 | €13k |
Historic, not recently confirmed (2)
-
Not recently confirmedlast confirmed in an act from 2019
-
Not recently confirmedlast confirmed in an act from 2019
Former directors (1)
-
Former- → 01-07-2019
| NACE primary | Detailhandel in brood en banketbakkerswerk (koude bakkers)(47241) |
| Legal form | Private limited company(610) |
| Incorporation | 28-02-2019 |
| Status | Active |
| Postal code | 1000 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K0170/02B005 | Brussels | 336 m² | 1 · 340 m² | 21.1 m · 5 fl. |
| 44816K0639/00D003 | Flanders | 237 m² | 1 · 202 m² | 13.1 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
28-05-2026 General meeting · Seat change · Officer appointment · Act object
- Filing: 2026-05-20 · KASA PAIN
- General meeting: 2026-04-01 · KASA PAIN
- Seat change: new: Avenue de la Stalingrad nr°52 à 1000 Bruxelles, old: Avenue Kersbeek nrº308 à 1180 Uccle, effective_date: immediate · KASA PAIN
- Officer appointment: role: administrateur · AIT AHMED Abdellah
- Publication: 2026-05-28
- Act object: TRANSFERT DE SIEGE SOCIAL
Technical details
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"type": "filing",
"quote": "D\u00E9pos\u00E9/Re\u00E7u le 20 MAI 2026 au greffe du tribunal de l\u0027entreprise francophone decBmaxelles",
"value": "2026-05-20",
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{
"type": "general_meeting",
"quote": "Extrait de l\u0027 A.G.E. du 01 avril 2026",
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},
{
"type": "seat_change",
"quote": "Suite \u00E0 la d\u00E9cision de l\u0027assembl\u00E9e g\u00E9n\u00E9rale, le si\u00E8ge social de la soci\u00E9t\u00E9 est transf\u00E9r\u00E9 \u00E0 Avenue de de la Stalingrad nr\u00B052 \u00E0 1000 Bruxelles, et ce avec effet imm\u00E9diat.",
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{
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"new_seat": "Avenue de la Stalingrad nr\u00B052 \u00E0 1000 Bruxelles",
"old_seat": "Avenue Kersbeek nr\u00BA308 \u00E0 1180 Uccle",
"legal_form": "SRL"
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}02-04-2025 Registered office moved from Gent to Ukkel
- Bevrijdingslaan 53, 9000 Gent → Kersbeeklaan 308, 1180 Ukkel
Technical details
{
"events": [
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"region": "Brussels Gewest",
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"postcode": "1180",
"box_number": null,
"street_number": "308"
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"region": "Vlaams Gewest",
"street": "Bevrijdingslaan",
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": "53"
},
"effective_date": "2025-02-13",
"evidence_quote": "Bij beslissing door de algemene vergadering werd de zetel overgeplaatst naar 1180 Ukkel, Kersbeeklaan n 308."
}
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}
}08-01-2024 Publication in the Belgian Official Gazette, Minor change
Technical details
{
"notary": {
"name": "Christian HUYLEBROUCK",
"firm_city": null,
"firm_name": null,
"office_city": "Sint-Jans-Molenbeek",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-08",
"filing_date": "2024-01-03",
"act_kind_objet": "ONTSLAGEN, BENOEMINGEN, WIJZIGING RECHTSVORM"
},
"decision": {
"body": "algemene_vergadering",
"date": "2023-12-21",
"unanimous": true
},
"agm_change": {
"new_schedule": null,
"old_schedule": "de laatste maandag van de maand juni om 14 uur",
"effective_from_year": null,
"rule_changes_summary": "Wijziging van de quorum voor statutenwijzigingen: de aanwezige of vertegenwoordigde aandeelhouders moeten ten minste de helft van het totaal aantal uitgegeven aandelen vertegenwoordigen, en een wijziging is alleen aangenomen wanneer zij drie vierden van de stemmen heeft verkregen, waarbij onthoudingen in de teller noch in de noemer worden meegerekend."
},
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"other_address": null,
"mandate_renewal": {
"period_end": null,
"mandate_kind": "bestuurder",
"period_start": null,
"remuneration_eur": null,
"remuneration_kind": "gratuit",
"person_or_entity_kbo": null,
"person_or_entity_name": "Mohamed ENNOUYNO ECHCHARRADY"
},
"subject_company": {
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"co_filed_documents": [],
"fiscal_year_change": null,
"liquidation_closure": null,
"officer_designation": {
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"organ": "raad_van_bestuur",
"person_name": "Abdellah AIT AHMED"
},
"special_procuration": null,
"is_volet_a_only_stub": false,
"vakbekwaamheid_change": null,
"should_reroute_to_category": null,
"single_shareholder_declaration": null
}10-11-2021 Registered office moved within Gent
- Bevrijdingslaan 113, 2000 Gent → Bevrijdingslaan 53, 9000 Gent
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
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"region": null,
"street": "Bevrijdingslaan",
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"box_number": null,
"street_number": "53"
},
"old_address": {
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"region": null,
"street": "Bevrijdingslaan",
"country": "BE",
"postcode": "2000",
"box_number": null,
"street_number": "113"
},
"effective_date": "2021-03-02",
"evidence_quote": "Wijziging van matschappelijke zetel naar de Bevrijdingslaan 53, 9000 Gent en dit vanaf heden."
}
],
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}23-07-2019 2 directors appointed, 1 resigning
- AIT AHMED ABDELLAH, Zaakvoerder
- MOHAMED ENNOUYNO ECHCHARRADY, Zaakvoerder
- EL AMRANI Abderrahman, Zaakvoerder
Technical details
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"effective_date": "2019-07-01",
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"evidence_quote": "De vergadering aanvaardt het benoeming van Mijnheer AIT AHMED ABDELLAH en Mijnheer MOHAMED ENNOUYNO ECHCHARRADY van zijn functie als zaakvoerder en dit vanaf vaandag die aanvaardt."
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"evidence_quote": "De vergadering aanvaardt het benoeming van Mijnheer AIT AHMED ABDELLAH en Mijnheer MOHAMED ENNOUYNO ECHCHARRADY van zijn functie als zaakvoerder en dit vanaf vaandag die aanvaardt."
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}04-03-2019 Incorporation of a new BV
Technical details
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"niss": null,
"address": "1030 Schaarbeek, Jan Blockxstraat 35 ET02"
},
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"contribution_type": "cash",
"amount_paid_in_eur": 5580,
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"n_shares_subscribed": 90,
"amount_subscribed_eur": 16740,
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{
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"person": {
"dob": "1964",
"name": "ABDI Mohamed",
"niss": null,
"address": "1020 Brussel, Leopold I-straat 157"
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"amount_paid_in_eur": 620,
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"amount_subscribed_eur": 1860,
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],
"capital_eur": 18600,
"subject_company": {
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"initial_directors": [],
"incorporation_date": "2019-02-28",
"post_incorporation_mandates": []
}| Legal nameNL | KASA PAIN |
- 14-07-2025 Address struck