Equity
-€35,375
Debts exceed assets in financial year 2025.
KASAAR
Lifetime
1 annual account with figurespeak €38,497 (2025)
€38,497
lowest -€45,375 (2025)
-€45,375
peak -€35,375 (2025)
-€35,375
€623,983
Board2 names since 2024
2 directorsVAN DOORSLAER Gunther Kamiel Octaaf and 1 other
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Loss of €45,375First year with figures
Key points
from the 2025 annual accountsDebts
€623,983 106% of the balance sheet
Financial debts 50%Suppliers 3%Taxes and wages 1%Other 45%
Of this, €311,295 falls due within a year.
Position in the sector
-€45,375
Lower net result than 95% of companies in food and beverage service. Sector median €4,883 · 17,138 companies.
Checked score
50
Fair
Financially stronger than 22% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,791 companies (NACE 56, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2025: 3.9%
01-2026: 4.0%▲ +0.1 percentage points vs 12-2025
02-2026: 4.1%▲ +0.1 percentage points vs 01-2026
03-2026: 4.6%▲ +0.5 percentage points vs 02-2026
04-2026: 4.6%● unchanged vs 03-2026
05-2026: 4.9%▲ +0.3 percentage points vs 04-2026
06-2026: 5.3%▲ +0.4 percentage points vs 05-2026highest value
07-2026: 5.3%● unchanged vs 06-2026highest value
08-2026: 2.6%▼ -2.7 percentage points vs 07-2026
09-2026: 2.5%▼ -0.1 percentage points vs 08-2026lowest value
10-2026: 2.6%▲ +0.1 percentage points vs 09-2026
11-2026: 2.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Founded in 2024
Negative equity -€35,375
lowers risk
Size: total assets €588,608
Calculation
The band follows from the bankruptcy probability. 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 56, micro). It does better than 23% of them on solvency, 20% on liquidity and 21% on profitability.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 232 companies had the same profile as KASAAR has now. Each dot is one company, two years later.
96.1%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
The bankruptcy probability of KASAAR itself is higher: 2.6% within 12 months. It rests on far more data about KASAAR than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 232 companies, not a prediction for KASAAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.03, below 1. Short-term debt is 52.9% and cash 1.3% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
1 day early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- VAN DOORSLAER Kristof 50 sharesdeed of 18-11-2024
- VAN DOORSLAER Gunther Kamiel Octaaf 50 sharesdeed of 18-11-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1016148145
Incorporation
Founders: VAN DOORSLAER Kristof and VAN DOORSLAER Gunther Kamiel Octaaf · 100 shares · Appointments: VAN DOORSLAER Kristof (director) and VAN DOORSLAER Gunther Kamiel Octaaf (director) · published on 18-11-2024 · Gazette deed
First establishment
Dorpstraat 55, Merchtem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KASAAR Meise | €588,608 | €38,497 | -6.0% | - |
| GAMA BAR Forest | €710,782 | €39,811 | -19.9% | - |
| Flantonali Mol | €523,665 | €38,600 | 12.9% | - |
| MABR Sint-Gillis (bij-Brussel) | €425,636 | €33,390 | -11.6% | - |
| FRAROUGE Beernem | €425,746 | €48,755 | 5.5% | - |
| AB-Café Oudenaarde | €496,365 | €40,901 | 2.1% | - |
| DARTS. Ixelles | €350,348 | €29,123 | -4.6% | - |
These companies have the same main activity as KASAAR: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €350,000 and €711,000, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 13-11-2024Normal situation
- Activity
- Cafés and barsNACE 56301
- Establishment unit
- 2.368.318.9401785 Merchtem, since 13-11-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 14-12-2025
Annual accounts 2025
- ≈ €160,000estimated
- €588,608
- Employeeson 31-12-2025
- 2
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on KASAAR
The computed 12-month bankruptcy probability of KASAAR is 2.6% (moderate). The 2025 annual accounts show negative equity (-€35,375) and a net result of -€45,375.
Its solvency ranks better than 23% of 17,162 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KASAAR
- What is the company number of KASAAR?
- The company number of KASAAR is 1016.148.145. The VAT number is the same number with BE in front: BE 1016.148.145.
- Where is KASAAR based?
- The registered office is at Hoekstraat 45, 1860 Meise.Company details
- What does KASAAR do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of KASAAR?
- KASAAR is a private limited company (BV).
- When was KASAAR founded?
- KASAAR was founded on 13-11-2024.
- Is KASAAR still active?
- Yes, KASAAR is an active enterprise in the KBO register.
- How many employees does KASAAR have?
- KASAAR had an average of 5.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of KASAAR?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €38,497 and 38 comparable companies (NACE 56301). It probably lies between €100,000 and €210,000.
- Is KASAAR profitable?
- In financial year 2025, KASAAR made a loss of €45,375.
- Where can I find the annual accounts of KASAAR?
- KASAAR filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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