KASTAR & Co
ActiveThe computed 12-month bankruptcy probability of KASTAR & Co is 8.1% (elevated). The 2025 annual accounts show negative equity (€-86k) and a net result of €21k. Equity is shrinking by ~22.2% per year across the filed fiscal years. Its solvency ranks better than 9% of 13061 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
16
/ 100
Critical▼ -10 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-21
Solvency33=
Growth58=
Stability100
Bankruptcy probability, 12 months
8.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.28 against 0.24 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · 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 2025Solvency, return and age of the figures
Solvency
-124.5%
Return on assets
29.9%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 13061 sector peers (2025).
NBB · sector comparisonPosition among 13061 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 5 filingsDeviation from the deadline
2025
28 d late
2024
25 d late
2023
68 d late
2022
91 d late
2020
3 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-86k▲ 18.8%
2024 · €-106k
2020: €26k
2022: €-75k
2023: €-102k
2024: €-106k
2020 → 2025
Total assets
€69k▼ 7.7%
2024 · €75k
2020: €127k
2022: €131k
2023: €101k
2024: €75k
2020 → 2025
Net result
€21k
2024 · €-4k
2020: €-25k
2022: €-31k
2023: €-27k
2024: €-4k
2020 → 2025
Working capital
€-107k▲ 4.0%
2024 · €-111k
2020: €-20k
2022: €-111k
2023: €-129k
2024: €-111k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202022202320242025Trend
Equity€26k-€-75k€-102k▼ 36.3%€-106k▼ 4.4%€-86k▲ 18.8%
Operating result€-23k-€-26k▼ 12.7%€-19k▲ 26.2%€-258▲ 98.7%€27k
Net result€-25k-€-31k▼ 24.4%€-27k▲ 11.2%€-4k▲ 83.5%€21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €27k after a loss of €258 in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €69k
Fixed assets
€28k▼ 30.0%
Current assets
€41k▲ 18.2%
Key figures and ratios
EBITDA
€39k▲
2024 · €29k
Cash flow
€33k▲
2024 · €25k
Solvency
-124.5%▲
2024 · -141.5%
Current ratio
0.28▲
2024 · 0.24
Quick ratio
0.21▲
2024 · 0.18
Debt / equity
-1.80▼
2024 · -1.71
ROE
-24.1%▼
2024 · 4.2%
ROA
29.9%▲
2024 · -6.0%
Interest coverage
8.78▲
2024 · 3.41
Debt
€156k▼
2024 · €181k
Debt ≤ 1 year
€148k▲
2024 · €146k
Debt > 1 year
€8k▼
2024 · €35k
Income taxes
€3k
Staff costs
€175k▲
2024 · €131k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€75k€69k▼
Fixed assets21/28€40k€28k▼
Tangible fixed assets22/27€33k€21k▼
Land and buildings22€14k€12k▼
Plant, machinery and equipment23€16k€9k▼
Furniture and vehicles24€3k€458▼
Financial fixed assets28€7k€7k=
Current assets29/58€35k€41k▲
Stocks and contracts in progress3€8k€9k▲
Stocks30/36€8k€9k▲
Amounts receivable within one year40/41€10k€10k▲
Other amounts receivable41€10k€10k▲
Cash at bank and in hand54/58€17k€22k▲
Equity and liabilities
Total equity and liabilities10/49€75k€69k▼
Equity10/15€-106k€-86k▲
Contributions10/11€51k€51k=
Profit (loss) carried forward14€-157k€-137k▲
Amounts payable17/49€181k€156k▼
Amounts payable after more than one year17€35k€8k▼
Financial debts170/4€35k€8k▼
Amounts payable within one year42/48€146k€148k▲
Current portion of amounts payable after more than one year42€3k€14k▲
Trade debts44€22k€18k▼
Suppliers440/4€22k€18k▼
Taxes, remuneration and social security45€26k€21k▼
Taxes450/3€12k€10k▼
Remuneration and social security454/9€14k€11k▼
Other amounts payable47/48€95k€95k=
Income statement
Code20242025
Remuneration, social security and pensions62€131k€175k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€12k▼
Other operating charges640/8€1k€4k▲
Gross operating margin9900€162k€217k▲
Operating profit (loss)9901€-258€27k▲
Financial income75/76B€4k€1k▼
Recurring financial income75€4k€1k▼
Financial charges65/66B€9k€4k▼
Recurring financial charges65€9k€4k▼
Profit (loss) for the period before taxes9903€-4k€23k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€-4k€21k▲
Profit (loss) for the period to be appropriated9905€-4k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-157k€-137k▲
Profit (loss) brought forward from the previous period14P€-153k€-158k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Back to profitnet €21k
Net result €21k after 4 loss-making years.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
31-12
Financial
Weakest financial yearnet €-31k
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Elsene · 1 establishment unit since 2020
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.
Lensstraat 21050 ElseneGround area
89 m²
Building footprint
90 m²
Volume, LiDAR
1,241 m³
Parcel 21444B0199/00P030, Brussels · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
KASTAR & Co
since 20202.300.384.989
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21444B0199/00P030 | Brussels | 89 m² | 1 · 90 m² | 16.9 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 siteElsene2.300.384.989
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Of 13,832 companies in sector 56301 we hold annual accounts for 4,808. 3,996 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-02-2020
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.