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KAWIT

Active
Private limited company (pre-2019)founded 201511 yrs activeZwarte Vijversstraat 29, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0599.957.767
Summary

The computed 12-month bankruptcy probability of KAWIT is 3.1% (moderate). The 2024 annual accounts show equity of €4,744 and a net result of -€1,044. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency100=
Growth27=
Track record100
Bankruptcy probability, 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 2024
Age of the figures
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 11 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€1,044
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
55 d late
2023
27 d late
2022
37 d late
2021
46 d late
2020
88 d late
2019
48 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 50 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 5 March 2015, KAWIT was incorporated.1 Revenue went from EUR 60,887 in 2018 to EUR 47,676 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2024, micro schema

Turnover
€47,676▼ 50.1%
2022 · €95,549
EBIT margin
-29.9%▼ 36.8pp
2022 · 6.9%
Net result
-€1,044▲ 94.1%
2023 · -€17,634
Working capital
€21,019▲ 7.5%
2021 · €19,544
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
Line20202021202220232024
Turnover€92,940▲ 21.0%€84,604▼ 9.0%€95,549▲ 12.9%€47,676▼ 50.1%
Operating result€3,867▲ 69.8%€5,013▲ 29.6%€6,599▲ 31.7%-€14,270-€847▲ 94.1%
Net result€3,467▲ 174%€3,413▼ 1.6%€3,588▲ 5.1%-€17,634-€1,044▲ 94.1%
EBIT margin4.2%▲ 1.2pp5.9%▲ 1.8pp6.9%▲ 1.0pp-29.9%▼ 36.8pp
Equity€16,420▲ 26.8%€19,833▲ 20.8%€23,422▲ 18.1%€5,788▼ 75.3%€4,744▼ 18.0%
Total assets€18,590▲ 26.9%€21,783▲ 17.2%€31,987▲ 46.8%€5,788▼ 81.9%€4,744▼ 18.0%
Debt€2,170▲ 28.3%€1,950▼ 10.2%€8,565▲ 339%
Working capital€15,841▲ 22.3%€19,544▲ 23.4%€21,019▲ 7.5%
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2020: €3,867€3,867Net result 2020: €3,467€3,467Operating result 2021: €5,013€5,013Net result 2021: €3,413€3,413Operating result 2022: €6,599€6,599Net result 2022: €3,588€3,588Operating result 2023: -€14,270-€14,270Net result 2023: -€17,634-€17,634Operating result 2024: -€847-€847Net result 2024: -€1,044-€1,04420202021202220232024-€20,000-€10,000€0€10,000Operating result 2022: €6,599€6,600Net result 2022: €3,588€3,590Operating result 2023: -€14,270-€14,300Net result 2023: -€17,634-€17,600Operating result 2024: -€847-€847Net result 2024: -€1,044-€1,040202220232024
The operating result stays negative: a loss of €847 in 2024 against €14,270 in 2023; the loss shrinks.

Peer companies

Historical observation

Of the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 3.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 4,805 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 27 lines
Balance sheet Code20232024
Assets
Total assets20/58€5,788€4,744▼
Current assets29/58€5,788€4,744▼
Amounts receivable within one year40/41€2,751€2,751=
Other amounts receivable41€2,751€2,751=
Cash at bank and in hand54/58€3,037€1,993▼
Equity and liabilities
Total equity and liabilities10/49€5,788€4,744▼
Equity10/15€5,788€4,744▼
Contributions10/11€11,800€11,800=
Outside capital11€11,800€11,800=
Share premium1100/10€11,800€11,800=
Profit (loss) carried forward14-€6,012-€7,056▼
Income statement Code20232024
Turnover70€47,676-
Goods, raw materials, services and sundry goods60/61€61,270€847▼
Other operating charges640/8€676-
Gross operating margin9900-€13,594-€847▲
Operating profit (loss)9901-€14,270-€847▲
Financial income75/76B€5-
Recurring financial income75€5-
Financial charges65/66B€2,534€197▼
Recurring financial charges65€916€197▼
Non-recurring financial charges66B€1,618-
Profit (loss) for the period before taxes9903-€16,798-€1,044▲
Income taxes67/77€835-
Profit (loss) for the period9904-€17,634-€1,044▲
Profit (loss) for the period to be appropriated9905-€17,634-€1,044▲
Appropriation of the result
Profit (loss) to be appropriated9906-€6,012-€7,056▼
Profit (loss) brought forward from the previous period14P€11,622-€6,012▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Turnover70€92,940€84,604€95,549€47,676--
Goods, raw materials, services and sundry goods60/61-€77,605€87,719€61,270€847▼ 98.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€289€289€886---
Other operating charges640/8-€1,697€344€676--
Gross operating margin9900€5,803€6,999€7,830-€13,594-€847▲ 93.8%
Operating profit (loss)9901€3,867€5,013€6,599-€14,270-€847▲ 94.1%
Financial income75/76B---€5--
Recurring financial income75---€5--
Financial charges65/66B-€1,599€2,217€2,534€197▼ 92.2%
Recurring financial charges65€149€1,099€1,217€916€197▼ 78.4%
Non-recurring financial charges66B-€500€1,000€1,618--
Profit (loss) for the period before taxes9903€3,718€3,413€4,382-€16,798-€1,044▲ 93.8%
Income taxes67/77€251-€794€835--
Profit (loss) for the period9904€3,467€3,413€3,588-€17,634-€1,044▲ 94.1%
Profit (loss) for the period to be appropriated9905€3,467€3,413€3,588-€17,634-€1,044▲ 94.1%
Line20202021202220232024Change
Assets
Total assets20/58€18,590€21,783€31,987€5,788€4,744▼ 18.0%
Fixed assets21/28€579€289€2,403---
Tangible fixed assets22/27€579€289€2,403---
Furniture and vehicles24-€289€2,403---
Current assets29/58€18,011€21,494€29,585€5,788€4,744▼ 18.0%
Stocks and contracts in progress3€10,983€15,838€4,446---
Stocks30/36-€15,838€4,446---
Amounts receivable within one year40/41€2,791€2,829€5,664€2,751€2,751=
Other amounts receivable41-€2,829€5,664€2,751€2,751=
Cash at bank and in hand54/58€4,237€2,826€19,475€3,037€1,993▼ 34.4%
Equity and liabilities
Total equity and liabilities10/49€18,590€21,783€31,987€5,788€4,744▼ 18.0%
Equity10/15€16,420€19,833€23,422€5,788€4,744▼ 18.0%
Contributions10/11-€11,800€11,800€11,800€11,800=
Outside capital11-€11,800€11,800€11,800€11,800=
Share premium1100/10-€11,800€11,800€11,800€11,800=
Profit (loss) carried forward14€4,620€8,033€11,622-€6,012-€7,056▼ 17.4%
Amounts payable17/49€2,170€1,950€8,565---
Amounts payable within one year42/48€2,170€1,950€8,565---
Trade debts44-€369€301---
Suppliers440/4-€369€301---
Taxes, remuneration and social security45-€1,475€8,264---
Taxes450/3-€1,475€3,948---
Remuneration and social security454/9--€4,316---
Other amounts payable47/48-€105----
Line20202021202220232024Change
Profit (loss) for the period9904€3,467€3,413€3,588-€17,634-€1,044▲ 94.1%
+ Depreciation and write-downs630€289€289€886---
Operating cash flow (approximation)€3,756€3,703€4,475-€17,634-€1,044▲ 94.1%
Investment in fixed assets (approximation)-€0-€3,000---
Change in cash--€1,411€16,649-€16,438-€1,044▲ 93.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
24-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
27-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial Weakest financial yearnet -€17,634
Net result drops to -€17,634, the lowest in the series; recovery starts the following year.
06-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 37 days late
2022
31-12
Financial Highest result since 2018net €3,588 ▲5.1%
Operating result €6,599, net result €3,588, both a record.
15-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 46 days late
2021
27-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
17-09
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 48 days late
2019
31-12
Financial Liquidity times 5current ratio 8.66
Current ratio from 1.73 to 8.66; short-term debt falls from €9,890 to €1,692.
02-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
06-09
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 37 days late
2017
27-09
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 58 days late
2016
01-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Sint-Jans-Molenbeek
exact location from the address register On OpenStreetMap
Ground area
46 m²
Building footprint
37 m²
Volume, LiDAR
475 m³
Parcel 21523B0742/00T007, Brussels · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21523B0742/00T007 Brussels 46 m² 1 · 37 m² 13.9 m · 4 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded05-03-2015
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.