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Kaymak

Active
Private limited company (pre-2019)founded 201313 years activeJacques Paryslaan 2, 9940 Evergem, BelgiumKBO/BCE: BE 0524.688.935
Summary

The computed 12-month bankruptcy probability of Kaymak is 4.1% (elevated). The 2024 annual accounts show equity of €35,572 and a net result of €21,949. Equity is growing by ~51.1% per year across the filed fiscal years. Its solvency ranks better than 39% of 26,062 sector peers (NACE 47, fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811General maintenance and repair of cars and light vans (up to 3.5 tonnes) NACE 95311
1 site
Size
€174,722total assets 2024
Staff
0.5 FTE
Equity
€35,572
Profit
€21,949
Turnover not published (abridged schema)
Financial health
50 Fair Checked score 2024
Bankruptcy probability, 12 months
4.1%
Structure
Accounts 68 days overdue0 of 2 deeds read
Why 50- 1 financial year not filed after the legal deadline; latest accounts 181 days late; 3 of the last 3 late- Figures for FY 2024 (filed 28-01-2026)- Size: total assets €174,722+ Founded in 2013Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 67% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Strong
Solvency 45+12
equity 20.4% of total assets
Liquidity 54+33
short-term debt 79.6% · cash 38.0%
Profitability 84-16
return on assets 12.6%
Bankruptcy probability, 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,155 companies)
Last 24 months 11-2024: 3.7% 12-2024: 4.4%▲ +0.7 percentage points vs 11-2024 01-2025: 1.7%▼ -2.7 percentage points vs 12-2024 02-2025: 1.7%● unchanged vs 01-2025 03-2025: 1.7%● unchanged vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.6%▼ -0.1 percentage points vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025lowest value 07-2025: 1.6%● unchanged vs 06-2025 08-2025: 1.9%▲ +0.3 percentage points vs 07-2025 09-2025: 2.2%▲ +0.3 percentage points vs 08-2025 10-2025: 3.0%▲ +0.8 percentage points vs 09-2025 11-2025: 3.2%▲ +0.2 percentage points vs 10-2025 12-2025: 4.3%▲ +1.1 percentage points vs 11-2025 01-2026: 6.2%▲ +1.9 percentage points vs 12-2025highest value 02-2026: 2.5%▼ -3.7 percentage points vs 01-2026 03-2026: 2.5%● unchanged vs 02-2026 04-2026: 2.5%● unchanged vs 03-2026 05-2026: 2.4%▼ -0.1 percentage points vs 04-2026 06-2026: 2.2%▼ -0.2 percentage points vs 05-2026 07-2026: 2.2%● unchanged vs 06-2026 08-2026: 2.7%▲ +0.5 percentage points vs 07-2026 09-2026: 3.1%▲ +0.4 percentage points vs 08-2026 10-2026: 4.1%▲ +1.0 percentage point vs 09-2026
Credit up to €1,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.09 against 0.93 in 2023; short-term debt: 79.6% and cash: 38% of total assets), and 79.6% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 36% on solvency, 59% on liquidity, 79% on profitability and 95% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 181 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for FY 2024 (filed 28-01-2026)
NBB · annual accounts
lowers risk · Founded in 2013
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Size: total assets €174,722
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-01-2026, 181 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
181 days late
2023
131 days late
2022
61 days late
2021
91 days late
2020
152 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 123 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Highest result since 2018net €53,378 ▲50.4%

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Total assets 20246 fiscal years filed €174,722 View
  • Active since 2013founded 05-03-2013 13 years View

By topic

Financials

Fiscal year
2024
Total assets
€174,722
Profit
€21,949
Solvency
20.4%
Go to Financials

Timeline

Events
13
Since
2016
  1. 30-09-2023Annual accounts filed
  2. 31-12-2022Back to profit
  3. 30-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Retail sale of cars and light vans (up…NACE 47811
Founded
05-03-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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