KAYAN'S
The computed 12-month bankruptcy probability of KAYAN'S is 6.6% (elevated). The 2025 annual accounts show equity of €9k and a net result of €-2k. Equity is shrinking by ~25.9% per year across the filed fiscal years. Its solvency ranks better than 41% of 1408 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €9k |
| Net result | €-2k |
| Better than sector | 41% |
| Active | 5 yrs |
Fragile profile, watch solvency in particular.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 14.7% | 23.8% | |
| Net result | €-2k | €8k | |
| Equity | €9k | €26k | |
| Gross operating margin | €22k | €36k | |
| Staff costs | €6k | €42k |
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | €500k |
| EBITDA | €10k |
| Net profit | €-2k |
| Cash flow | €8k |
| Staff costs | €6k |
| Income taxes | - |
| Dividends | - |
| Total assets | €60k |
| Equity | €9k |
| Debt | €51k |
| of which ≤ 1y | €51k |
| of which > 1y | - |
| Working capital | €-28k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.45 |
| Quick ratio | 0.09 |
| Working capital ratio | -47.2% |
| Solvency | 14.7% |
| Debt / equity | 5.80 |
| Long-term debt ratio | - |
| Interest coverage | 5.05 |
| Gross margin | 3.8% |
| Net margin | -0.3% |
| ROA | -2.7% |
| ROE | -18.3% |
| EBITDA margin | 1.9% |
| Days sales outstanding | 0d |
| Days payable outstanding | 18d |
| Inventory turnover | 26.69 |
| Days inventory (DSI) | 14d |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €60k |
| Fixed assets | 21/28 | €37k |
| Tangible fixed assets | 22/27 | €26k |
| Financial fixed assets | 28 | €11k |
| Current assets | 29/58 | €23k |
| Stocks & contracts in progress | 3 | €18k |
| Amounts receivable within one year | 40/41 | €412 |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €60k |
| Equity | 10/15 | €9k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-11k |
| Amounts payable | 17/49 | €51k |
| Amounts payable within one year | 42/48 | €51k |
| Trade debts payable within one year | 44 | €24k |
| Income statement | ||
| Turnover | 70 | €500k |
| Gross operating margin | 9900 | €22k |
| Operating result | 9901 | €321 |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-2k |
| Net result for the period | 9904 | €-2k |
| Result to be appropriated | 9905 | €-2k |
-
Current13-10-2025 → present
Former directors (1)
-
Former- → 20-03-2024
| NACE primary | Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 07-01-2021 |
| Status | Active |
| Postal code | 1150 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0177/00F000 | Brussels | 1,781 m² | 1 · 530 m² | 85.3 m · 27 fl. |
| 21019A0204/00C005 | Brussels | 190 m² | 1 · 183 m² | 17.0 m · 5 fl. |
| 21016B0144/00G011 | Brussels | 87 m² | 1 · 74 m² | 12.1 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
31-10-2025 Transaction in capital or shares
Technical details
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"kind": "share_transfer",
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"effective_date": "2025-10-13",
"evidence_quote": "L\u0027assembl\u00E9 prend note de la d\u00E9cision de Mr Negzad Gulmamad de c\u00E9der ses actions \u00E0 Mr Panahi Mohammad Ali (30 actions)",
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"schema": "v3.2",
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},
"subject_company": {
"kbo": "0760.961.535",
"name_full": "KAYAN\u0027S",
"legal_form": "SRL"
}
}20-03-2024 Negzad Gulmamad resigns as director
- Negzad Gulmamad, Bestuurder
Technical details
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"effective_date": "2024-03-20",
"evidence_quote": "L\u0027Assembl\u00E9e d\u00E9cide \u00E0 l\u0027unanimit\u00E9 d\u0027accepter la d\u00E9mission de Mr Negzad Gulmamad comme administrateur \u00E0 partir de ce jour"
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}
}07-07-2021 Registered office moved from Gent to Woluwe-Saint-Pierre
- Jan-Baptist Guinardstraat 4, 9000 Gent → rue de la Cambre 323, 1150 Woluwe-Saint-Pierre
Technical details
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"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Woluwe-Saint-Pierre",
"region": "Brussels Gewest",
"street": "rue de la Cambre",
"country": "BE",
"postcode": "1150",
"box_number": null,
"street_number": "323"
},
"old_address": {
"city": "Gent",
"region": "Vlaams Gewest",
"street": "Jan-Baptist Guinardstraat",
"country": "BE",
"postcode": "9000",
"box_number": null,
"street_number": "4"
},
"effective_date": "2021-01-10",
"evidence_quote": "De zetel wordt verplaatst van Jan-Baptist Guinardstraat 4 te 9000 Gent naar rue de la Cambre 323 te 1150 Woluwe-Saint-Pierre, en dit, vanaf 10/01/2021."
}
],
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"subject_company": {
"kbo": "0760.961.535",
"name_full": "KAYAN\u0027S",
"legal_form": "BV"
}
}11-01-2021 Incorporation of a new BV
Technical details
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"founders": [
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"niss": null,
"address": "1180 Ukkel, Karmelietenstraat 72"
},
"share_class": null,
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"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "NEGZAD Gulmamad",
"is_subscriber_only": false,
"n_shares_subscribed": null,
"amount_subscribed_eur": 10000,
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},
{
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"person": {
"dob": null,
"name": "RASOULI Baba Khan",
"niss": null,
"address": "1180 Ukkel, Waterloosesteenweg 756/ 11"
},
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],
"capital_eur": 20000,
"subject_company": {
"kbo": "0760.961.535",
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"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2021-01-07",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | KAYAN'S |