KAVER
ActiveSummary
The computed 12-month bankruptcy probability of KAVER is 3.1% (moderate). The 2025 annual accounts show negative equity (€-113k) and a net result of €10k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 3705 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-3
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 0.65 in 2024; short-term debt: 141.3% and cash: 10.9% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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
-41.3%
Return on assets
3.5%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 3705 sector peers (2025).
NBB · sector comparisonPosition among 3705 sector peers
Solvency
better than 13%
← weakest
strongest →
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
27 d late
2023
60 d late
2022
44 d late
2021
92 d late
2020
83 d late
2019
335 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, abbreviated schema
Equity
€-113k▲ 7.8%
2024 · €-123k
Total assets
€274k▲ 17.1%
2024 · €234k
Net result
€10k▼ 29.6%
2024 · €14k
Working capital
€-114k▲ 8.5%
2024 · €-124k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€38k▲ 226%€19k▼ 50.8%€-150k€17k€4k▼ 76.8%
Net result€28k▲ 145%€10k▼ 62.5%€-151k€14k€10k▼ 29.6%
Equity€4k€14k▲ 256%€-136k€-123k▲ 10.0%€-113k▲ 7.8%
Total assets€225k▼ 38.0%€355k▲ 57.6%€151k▼ 57.5%€234k▲ 55.1%€274k▲ 17.1%
Debt€221k▼ 42.8%€341k▲ 54.0%€287k▼ 15.7%€357k▲ 24.2%€387k▲ 8.5%
Working capital€18k€7k▼ 60.0%€-140k€-124k▲ 11.3%€-114k▲ 8.5%
Staff (FTE)1.2
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 77% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €274k
Fixed assets
€873 ▼ 53.4%
Current assets
€273k ▲ 17.6%
Key figures and ratios
EBITDA
€5k▼
2024 · €20k
Cash flow
€11k▼
2024 · €16k
Solvency
-41.3%▲
2024 · -52.4%
Current ratio
0.71▲
2024 · 0.65
Quick ratio
0.16▼
2024 · 0.31
Debt to equity
-3.42▼
2024 · -2.91
ROA
3.5%▼
2024 · 5.8%
Interest coverage
11.90▼
2024 · 63.89
Debt ≤ 1 year
€387k▲
2024 · €357k
Income taxes
€-6k▼
2024 · €3k
Staff costs
€26k▼
2024 · €57k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €27k | €34k | €37k | €57k | €26k | ▼ 53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €3k | €2k | €1k | ▼ 57.0% |
| Other operating charges640/8 | €9k | - | €111k | - | €347 | - |
| Gross operating margin9900 | €76k | €56k | €2k | €76k | €32k | ▼ 58.5% |
| Operating profit (loss)9901 | €38k | €19k | €-150k | €17k | €4k | ▼ 76.8% |
| Financial income75/76B | €0 | €1 | - | - | €324 | - |
| Recurring financial income75 | €0 | €1 | - | - | €324 | - |
| Financial charges65/66B | €497 | €674 | €621 | €306 | €419 | ▲ 37.1% |
| Recurring financial charges65 | €497 | €674 | €621 | €306 | €419 | ▲ 37.1% |
| Profit (loss) for the period before taxes9903 | €38k | €18k | €-151k | €17k | €4k | ▼ 77.0% |
| Income taxes67/77 | €10k | €8k | - | €3k | €-6k | ▼ 270% |
| Profit (loss) for the period9904 | €28k | €10k | €-151k | €14k | €10k | ▼ 29.6% |
| Profit (loss) for the period to be appropriated9905 | €28k | €10k | €-151k | €14k | €10k | ▼ 29.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €225k | €355k | €151k | €234k | €274k | ▲ 17.1% |
| Fixed assets21/28 | €10k | €7k | €4k | €2k | €873 | ▼ 53.4% |
| Tangible fixed assets22/27 | €10k | €7k | €4k | €2k | €773 | ▼ 56.4% |
| Furniture and vehicles24 | €4k | €3k | €1k | - | - | - |
| Other tangible fixed assets26 | €6k | €4k | €3k | €2k | €773 | ▼ 56.4% |
| Financial fixed assets28 | €100 | €100 | €100 | €100 | €100 | = |
| Current assets29/58 | €215k | €348k | €147k | €232k | €273k | ▲ 17.6% |
| Stocks and contracts in progress3 | €104k | €25k | €75k | €120k | €210k | ▲ 75.6% |
| Stocks30/36 | €104k | €25k | €75k | €120k | €210k | ▲ 75.6% |
| Amounts receivable within one year40/41 | €74k | €272k | €41k | €60k | €33k | ▼ 45.1% |
| Trade receivables40 | €415 | €206k | €16k | €46k | €11k | ▼ 76.4% |
| Other amounts receivable41 | €74k | €66k | €25k | €13k | €22k | ▲ 64.4% |
| Cash at bank and in hand54/58 | €37k | €48k | €31k | €53k | €30k | ▼ 43.2% |
| Deferred charges and accrued income490/1 | - | €3k | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €225k | €355k | €151k | €234k | €274k | ▲ 17.1% |
| Equity10/15 | €4k | €14k | €-136k | €-123k | €-113k | ▲ 7.8% |
| Contributions10/11 | €9k | €9k | €9k | €9k | €9k | = |
| Capital10 | €9k | €9k | €9k | €9k | €9k | = |
| Issued capital100 | €19k | €19k | €19k | €19k | €19k | = |
| Uncalled capital101 | €10k | €10k | €10k | €10k | €10k | = |
| Profit (loss) carried forward14 | €-5k | €6k | €-145k | €-131k | €-122k | ▲ 7.3% |
| Amounts payable17/49 | €221k | €341k | €287k | €357k | €387k | ▲ 8.5% |
| Amounts payable within one year42/48 | €197k | €341k | €287k | €357k | €387k | ▲ 8.5% |
| Financial debts43 | - | - | - | - | €3k | - |
| Credit institutions430/8 | - | - | - | - | €3k | - |
| Trade debts44 | €5k | €149k | €113k | €77k | €138k | ▲ 78.3% |
| Suppliers440/4 | €5k | €149k | €113k | €77k | €138k | ▲ 78.3% |
| Taxes, remuneration and social security45 | €10k | €9k | €15k | €12k | €18k | ▲ 51.3% |
| Taxes450/3 | €5k | €4k | €6k | €3k | €7k | ▲ 107% |
| Remuneration and social security454/9 | €5k | €5k | €8k | €9k | €11k | ▲ 31.3% |
| Other amounts payable47/48 | €182k | €182k | €159k | €267k | €228k | ▼ 14.9% |
| Accrued charges and deferred income492/3 | €24k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28k | €10k | €-151k | €14k | €10k | ▼ 29.6% |
| + Depreciation and write-downs630 | €2k | €3k | €3k | €2k | €1k | ▼ 57.0% |
| Operating cash flow (approximation) | €30k | €13k | €-148k | €16k | €11k | ▼ 33.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €10k | €-17k | €22k | €-23k | ▼ 204% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 60 days late
2023
31-12
Financial
Weakest financial yearnet €-151k
Net result drops to €-151k, the lowest in the series; recovery starts the following year.
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 44 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
31-12
Financial
Highest result since 2018net €28k ▲145%
Operating result €38k, net result €28k, both a record.
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 83 days late
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 335 days late
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
13-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 226 days late
2019
13-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 225 days late
2018
21-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 478 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are 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, Jette · 1 establishment unit since 2015
Ground area
330 m²
Building footprint
332 m²
Volume, LiDAR
1,794 m³
Parcel 21464E0002/02X004, Brussels · tallest building 15.1 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Mot Passant
since 20152.261.511.547
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21464E0002/02X004 | Brussels | 330 m² | 1 · 332 m² | 15.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Wallonia-Brussels Federation
2025 · 1 entry · 7,200 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 1 | 7,200 EUR |
Budget allocations
Aides ponctuelles dans le domaine des langues, des lettres et du livre
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Of 21,861 companies in sector 56112 we hold annual accounts for 9,778. 7,631 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-03-2011
Fiscal year end31-12
Activities, NACEBEL 2025
47621Retail sale of newspapers and periodicals
56112Limited-service restaurants, excluding mobile food services
64210Activities of holding companies
70200Business and other management consultancy
82100Office administrative and support services
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.