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KAUL

Active
Private limited companyfounded 2003active for 23 yearsWaterloose Steenweg 473, 1050 Elsene, BelgiumKBO/BCE: BE 0479.786.051

From the official registers: KBO 22 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

KAUL has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,689 and a net result of €315. Equity has been growing by about 34% per year since 2018. Its solvency ranks better than 67% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

KBO
Status
Active since 17-03-2003 Normal situation
Legal form
Private limited company
Registered office
Waterloose Steenweg 473, 1050 Elsene
Activity
Non-specialised wholesale NACE 46392
Establishment units
2.132.195.996 1050 Elsene, since 21-02-2003
2.253.429.764 1050 Elsene, since 20-05-2016
Financial year end
31 December
Peppol
Reachable since 29-12-2025

Board and ownership

Board

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Gross margin
€6,927
▼ 47.0%
Turnover
≈ €120,000
estimated
Profit
€315
▼ 96.3%
Equity
€33,689
▲ 0.9%
Total assets
€55,292
▲ 2.7%
2025 accounts filed 46 days after the deadline
Filed on 15-09-2026at the National Bank
Score breakdownraises riskLast filed accounts filed 46 days late; 1 of the last 3 accounts lateSize: total assets €55,292Liquidity: current ratio 2.33, cash €970lowers riskFounded in 2003Show the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 42% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Average
Solvency 86-1
equity 60.9% of total assets
Liquidity 34-1
short-term debt 39.1% · cash 1.8%
Profitability 30-58
return on assets 0.6%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024lowest value 02-2025: 0.3%● unchanged vs 01-2025lowest value 03-2025: 0.3%● unchanged vs 02-2025lowest value 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.2 percentage points vs 06-2025 08-2025: 0.4%▼ -0.1 percentage points vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.9%▲ +0.5 percentage points vs 07-2026 09-2026: 1.1%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.8%▼ -0.3 percentage points vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.33 (2.36 in 2024), above the usual 1.5. Short-term debt is 39.1% and cash 1.8% of total assets. 39.1% of the assets are financed with debt and provisions.
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 46, micro). It does better than 67% of them on solvency, 31% on liquidity, 26% on profitability and 44% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 46 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · Size: total assets €55,292
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 2.33, cash €970
NBB · annual accounts
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
46 days late
2024
on the day
2023
15 days early
2022
26 days early
2021
13 days early
2020
16 days late
2019
14 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
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 18 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: 7 profitable years in a rowprofit 2025: €315 7 years View

Documents

Annual accounts at the NBB

All 22 annual accounts

Articles and registers

Key facts about KAUL

What is the company number of KAUL?
The company number of KAUL is 0479.786.051. The VAT number is the same number with BE in front: BE 0479.786.051.
Where is KAUL based?
The registered office is at Waterloose Steenweg 473, 1050 Elsene.Company details
What does KAUL do?
According to the KBO register, the main activity is non-specialised wholesale (NACE 46392).
What is the legal form of KAUL?
The legal form of KAUL is Private limited company (BV).
When was KAUL founded?
KAUL was founded on 17-03-2003.
Is KAUL still active?
Yes, KAUL is an active enterprise in the KBO register.
What is the turnover of KAUL?
The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €6,927 and 48 comparable companies (NACE 463). It probably lies between €53,000 and €190,000. It is a rough estimate.Financials
Is KAUL profitable?
In financial year 2025, KAUL made a profit of €315.
Where can I find the annual accounts of KAUL?
KAUL filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of KAUL due?
KAUL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as KAUL: non-specialised wholesale (NACE 46392). They are comparable in size and age: total assets between €41,700 and €92,400, founded between 1995 and 2007.

CompanyTotal assetsGross margin
KAUL Elsene€55,292€6,927
MOUSSE Elsene€92,445€9,642
TOP POINT Elsene€48,336€8,222
MYSARA Koekelberg€56,181€7,066
MADHOSH Tienen€71,416€8,605
FLEUR DE PUNJAB Sint-Joost-ten-Node€80,392€8,263
ECONOMATO GONZALEZ Anderlecht€41,676€5,222
Full comparison

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