KELLY'S

Active

Private limited companyfounded 2020active for 5 yearsEmiel Hertecantlaan(B) 57, 9290 Berlare, BelgiumKBO/BCE: BE 0759.684.006

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of KELLY'S is 5.0% (elevated). The 2025 annual accounts show negative equity (-€25,534) and a net result of €26,674. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 16,961 sector peers (NACE 56, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

KELLY'SActiveChecked score 39/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 11-12-2020 Normal situation
Legal form: Private limited company
Registered office: Emiel Hertecantlaan(B) 57, 9290 Berlare
Activity: Limited-service restaurants, excluding mobile food services NACE 56112and 1 other
Establishment unit: 2.326.289.533 9290 Berlare, since 03-01-2022
Financial year end: 31 December
Peppol: Reachable since 09-08-2025

Company details

Who decides

Board

Nico De PauwDaily manager
Vermeir KellyDirector

Board & ownership

How it is doing

39 Weak Checked score 2025

Bankruptcy probabilitywithin 12 months: 5.0%

Annual accounts 2025

Gross margin: €46,029; ▲ 8.2%
Turnover: ≈ €270,000; estimated
Profit: €26,674; ▲ 61.4%
Equity: -€25,534; ▲ 51.1%
Total assets: €71,294; ▲ 5.2%

2025 accounts 34 days early

Filed on 27-06-2026at the National Bank

Financials

Why 39raises riskSector: Food and beverage service activities (NACE 56)Founded in 20201 of the last 3 lateNegative equity -€25,534Show the evidence

Checked score

Score 2025

39 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 51% of its sector peers (NACE 56, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 0=

equity -35.8% of total assets

Liquidity 23+14

short-term debt 69.8% · cash 8.3%

Profitability 100+1

return on assets 37.4%

Bankruptcy probability, 12 months

5.0% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)

Last 24 months 11-2024: 10.5% 12-2024: 10.5%● unchanged vs 11-2024 01-2025: 10.5%● unchanged vs 12-2024 02-2025: 10.5%● unchanged vs 01-2025 03-2025: 10.3%▼ -0.2 percentage points vs 02-2025 04-2025: 11.7%▲ +1.4 percentage points vs 03-2025 05-2025: 12.2%▲ +0.5 percentage points vs 04-2025 06-2025: 12.4%▲ +0.2 percentage points vs 05-2025highest value 07-2025: 12.0%▼ -0.4 percentage points vs 06-2025 08-2025: 7.0%▼ -5.0 percentage points vs 07-2025 09-2025: 5.9%▼ -1.1 percentage points vs 08-2025 10-2025: 5.9%● unchanged vs 09-2025 11-2025: 5.9%● unchanged vs 10-2025 12-2025: 5.7%▼ -0.2 percentage points vs 11-2025 01-2026: 5.6%▼ -0.1 percentage points vs 12-2025 02-2026: 5.6%● unchanged vs 01-2026 03-2026: 5.5%▼ -0.1 percentage points vs 02-2026 04-2026: 5.3%▼ -0.2 percentage points vs 03-2026 05-2026: 5.4%▲ +0.1 percentage points vs 04-2026 06-2026: 5.4%● unchanged vs 05-2026 07-2026: 5.2%▼ -0.2 percentage points vs 06-2026 08-2026: 4.9%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 5.0%▲ +0.1 percentage points vs 08-2026 10-2026: 5.0%● unchanged vs 09-2026

No credit on open account

Liquidity insufficient (current ratio 0.29, compared with 0.2 in 2024, below 1; short-term debt: 69.8% and cash: 8.3% of total assets), and equity is negative.

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 56, micro): better than 9% on solvency, 19% on liquidity, 93% on profitability and 81% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Six signals.

raises riskneutral

Sector: Food and beverage service activities (NACE 56)

KBO

Founded in 2020

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

1 of the last 3 late

NBB · filings

Negative equity -€25,534

NBB · annual accounts

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 16961 sector peers (2025).

NBB · sector comparison

Position among 16961 sector peers

Solvency

better than 16%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-06-2026, 34 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

34 days early

2024

28 days early

2023

48 days late

2022

53 days late

2021

2 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 7 days after the deadline; the sector median (NACE 56) for financial year 2024 is 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 29 July (4 of the last 5 filed years within 51 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€25,534 View
Caution: Among the weakest 15% on equitysector median €28,733 · 16,992 companies -€25,534 View

Documents

Key facts about KELLY'S

What is the company number of KELLY'S?: 0759.684.006. In Belgium the VAT number is the company number with BE in front: BE 0759.684.006.
Where is KELLY'S based?: The registered office is at Emiel Hertecantlaan(B) 57, 9290 Berlare.Company details
What does KELLY'S do?: According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
What is the legal form of KELLY'S?: Private limited company (BV).
When was KELLY'S founded?: On 11-12-2020.
Is KELLY'S still active?: Yes, KELLY'S is an active enterprise in the KBO register.
What is the turnover of KELLY'S?: ≈ €270,000 in financial year 2025. Estimated from the gross margin of €46,029: probably between €190,000 and €340,000, based on 64 comparable companies, NACE 56112.Financials
Is KELLY'S profitable?: In financial year 2025, KELLY'S made a profit of €26,674.
Where can I find the annual accounts of KELLY'S?: KELLY'S filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of KELLY'S due?: By 31-07-2027, for financial year 2026.Timeline

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Overview