KAWEMA
Open bankruptcyA bankruptcy procedure is open for KAWEMA according to publications in the Belgian State Gazette; curator: LIES DEWAEL.
Summary
The 2024 annual accounts show equity of €22k and a net result of €4k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-06-2025, 52 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
52 d early
2023
58 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€22k▲ 24.4%
2023 · €17k
2023: €17k
2024: €22k▲ +24.4% vs 2023
2023 → 2024
Total assets
€89k▲ 159%
2023 · €34k
2023: €34k
2024: €89k▲ +159% vs 2023
2023 → 2024
Net result
€4k▼ 42.4%
2023 · €7k
2023: €7k
2024: €4k▼ -42.4% vs 2023
2023 → 2024
Working capital
€1k▼ 89.5%
2023 · €11k
2023: €11k
2024: €1k▼ -89.5% vs 2023
2023 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€17k-€22k▲ 24.4%
2023: €17k
2024: €22k▲ +24.4% vs 2023
Operating result€9k-€7k▼ 29.2%
2023: €9k
2024: €7k▼ -29.2% vs 2023
Net result€7k-€4k▼ 42.4%
2023: €7k
2024: €4k▼ -42.4% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 29% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €89k
Fixed assets
€20k ▲ 238%
Current assets
€68k ▲ 142%
Equity and liabilities €89k
Equity
€22k ▲ 24.4%
Debt
€67k ▲ 296%
Debt's share of the balance-sheet total rises from 49.5% to 75.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€10k▼
2023 · €12k
Cash flow
€7k▼
2023 · €10k
Current ratio
1.02▼
2023 · 1.66
Debt to equity
3.12▲
2023 · 0.98
ROE
19.6%▼
2023 · 42.3%
ROA
4.8%▼
2023 · 21.4%
Interest coverage
4.69▼
2023 · 47.62
Debt ≤ 1 year
€67k▲
2023 · €17k
Income taxes
€830▼
2023 · €2k
Staff costs
€115k▲
2023 · €21k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 38 lines
Balance sheet
Code20232024
Assets
Total assets20/58€34k€89k▲
Fixed assets21/28€6k€20k▲
Tangible fixed assets22/27€6k€20k▲
Land and buildings22-€978
Plant, machinery and equipment23€4k€14k▲
Furniture and vehicles24€2k€6k▲
Current assets29/58€28k€68k▲
Amounts receivable within one year40/41€13k€52k▲
Trade receivables40€1k€40k▲
Other amounts receivable41€12k€12k▲
Cash at bank and in hand54/58€11k€13k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€34k€89k▲
Equity10/15€17k€22k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€7k€12k▲
Amounts payable17/49€17k€67k▲
Amounts payable within one year42/48€17k€67k▲
Trade debts44€1k€38k▲
Suppliers440/4€1k€38k▲
Taxes, remuneration and social security45€16k€29k▲
Taxes450/3€8k€22k▲
Remuneration and social security454/9€8k€7k▼
Income statement
Code20232024
Remuneration, social security and pensions62€21k€115k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€6k€5k▼
Gross operating margin9900€40k€129k▲
Operating profit (loss)9901€9k€7k▼
Financial income75/76B€194€450▲
Recurring financial income75€194€450▲
Financial charges65/66B€262€2k▲
Recurring financial charges65€262€2k▲
Profit (loss) for the period before taxes9903€9k€5k▼
Income taxes67/77€2k€830▼
Profit (loss) for the period9904€7k€4k▼
Profit (loss) for the period to be appropriated9905€7k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€12k▲
Profit (loss) brought forward from the previous period14P-€7k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €21k | €115k | ▲ 441% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €3k | ▲ 5.0% |
| Other operating charges640/8 | €6k | €5k | ▼ 27.0% |
| Gross operating margin9900 | €40k | €129k | ▲ 223% |
| Operating profit (loss)9901 | €9k | €7k | ▼ 29.2% |
| Financial income75/76B | €194 | €450 | ▲ 133% |
| Recurring financial income75 | €194 | €450 | ▲ 133% |
| Financial charges65/66B | €262 | €2k | ▲ 702% |
| Recurring financial charges65 | €262 | €2k | ▲ 702% |
| Profit (loss) for the period before taxes9903 | €9k | €5k | ▼ 46.3% |
| Income taxes67/77 | €2k | €830 | ▼ 59.9% |
| Profit (loss) for the period9904 | €7k | €4k | ▼ 42.4% |
| Profit (loss) for the period to be appropriated9905 | €7k | €4k | ▼ 42.4% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €34k | €89k | ▲ 159% |
| Fixed assets21/28 | €6k | €20k | ▲ 238% |
| Tangible fixed assets22/27 | €6k | €20k | ▲ 238% |
| Land and buildings22 | - | €978 | - |
| Plant, machinery and equipment23 | €4k | €14k | ▲ 266% |
| Furniture and vehicles24 | €2k | €6k | ▲ 148% |
| Current assets29/58 | €28k | €68k | ▲ 142% |
| Amounts receivable within one year40/41 | €13k | €52k | ▲ 290% |
| Trade receivables40 | €1k | €40k | ▲ 2,623% |
| Other amounts receivable41 | €12k | €12k | ▲ 2.3% |
| Cash at bank and in hand54/58 | €11k | €13k | ▲ 19.2% |
| Deferred charges and accrued income490/1 | €4k | €3k | ▼ 19.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €34k | €89k | ▲ 159% |
| Equity10/15 | €17k | €22k | ▲ 24.4% |
| Contributions10/11 | €10k | €10k | = |
| Profit (loss) carried forward14 | €7k | €12k | ▲ 57.6% |
| Amounts payable17/49 | €17k | €67k | ▲ 296% |
| Amounts payable within one year42/48 | €17k | €67k | ▲ 296% |
| Trade debts44 | €1k | €38k | ▲ 2,871% |
| Suppliers440/4 | €1k | €38k | ▲ 2,871% |
| Taxes, remuneration and social security45 | €16k | €29k | ▲ 84.8% |
| Taxes450/3 | €8k | €22k | ▲ 173% |
| Remuneration and social security454/9 | €8k | €7k | ▼ 7.3% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €4k | ▼ 42.4% |
| + Depreciation and write-downs630 | €3k | €3k | ▲ 5.0% |
| Operating cash flow (approximation) | €10k | €7k | ▼ 28.6% |
| Investment in fixed assets (approximation) | - | €-18k | - |
| Change in cash | - | €2k | - |
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
2025
13-11
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · event 06-11-2025
09-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
03-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
2 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, Bekkevoort · 1 establishment unit since 2022
Ground area
452 m²
Building footprint
264 m²
Volume, LiDAR
1,390 m³
Parcel 24002D0068/00T000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
KAWEMA
since 20222.335.639.739
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24002D0068/00T000 | Flanders | 452 m² | 1 · 264 m² | 9.5 m · 2 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIES DEWAEL ZOUTLEEUWSTRAAT 52, 3404 ATTEN-
HOVEN |
06-11-2025 → present |
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Of 6,709 companies in sector 96230 we hold annual accounts for 627. 461 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
Founded21-09-2022
Fiscal year end31-12
Activities, NACEBEL 2025
96230Day spas, saunas and steam baths
47120Other non-specialised retail sale
55204Guest rooms (bed and breakfast)
56301Cafés and bars
56309Food and beverage service activities
59111Production of cinema films
Scores and ratios are computed by Checked and are not a credit decision.