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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. Equity fluctuates too strongly from year to year to read a trend from it. 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.

Overview

Official details

KBO
Status
Active since 11-12-2020 Normal situation
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

Board and ownership

Board

Financial position

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%
Filed on 27-06-2026, 34 days before the deadlineat the National Bank
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Founded in 20201 of the last 3 accounts lateNegative equity -€25,534Show the evidence

Checked score

Score 2025
39 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 51% of micro companies in food and beverage service (NACE 56)
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 within 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 is insufficient, with a current ratio of 0.29 (0.2 in 2024), below 1. Short-term debt is 69.8% and cash 8.3% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 9% of them 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2020
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Negative equity -€25,534
NBB · annual accounts
raises risk · Weak solvency compared with the 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 →
neutral · 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

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

Searched, nothing found (2)
neutral · 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 accounts filed within 51 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€25,534 View
  • Caution: Less equity than 85% of companies in food and beverage servicesector median €28,733 · 16,992 companies -€25,534 View

Comparable companies

These companies have the same main activity as KELLY'S: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €62,900 and €75,600, founded between 2020 and 2021.

CompanyTotal assetsGross margin
KELLY'S Berlare€71,294€46,029
Shirata Bredene€73,157€44,147
KOFFIE & Zoë Hasselt€72,619€44,645
ATELIER PUUR Willebroek€71,332€47,970
Frituur Magali Wevelgem€75,608€52,095
D.F. GROUP Koekelberg€62,937€47,614
Oh’ fresh Leuven€69,076€52,310
Full comparison

Documents

Annual accounts at the NBB

All 5 annual accounts

Articles and registers

Key facts about KELLY'S

What is the company number of KELLY'S?
The company number of KELLY'S is 0759.684.006. The VAT number is the same 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?
The legal form of KELLY'S is Private limited company (BV).
When was KELLY'S founded?
KELLY'S was 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?
The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €46,029 and 64 comparable companies (NACE 56112). It probably lies between €190,000 and €340,000.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?
KELLY'S must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

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