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KENAN

Open bankruptcy
Private limited companyfounded 2019Lokerse Baan 4, 9111 Sint-Niklaas, BelgiumKBO/BCE: BE 0718.930.841

A bankruptcy procedure is open for KENAN according to publications in the Belgian State Gazette; curator: LISA HEUNINCK.

Summary

The 2024 annual accounts show equity of €310,339 and a net result of €71,686.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Dendermonde division
Declared bankrupt
26 January 2026
Supervising judge
Johan Lybeert
Official Gazette
30-01-2026 (pdf) ↗search the document for 2026/103991

Curator

  • Lisa HeuninckIndustriepark-West 75, 9100 Sint- Niklaaslisa.heuninck@bloom-law.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-08-2025, 19 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 · 6 filings
Deviation from the deadline
2025
not confirmed
2024
19 d late
2023
92 d late
2022
31 d late
2021
31 d late
2020
255 d late
2019
620 d late
← before the deadline after the deadline →
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

KENAN was incorporated on 21 January 2019.1 Total assets rose from EUR 129,879 in 2019 to EUR 468,338 in 2024 and headcount from 2.3 to 5.6 full-time equivalents.2 On 26 January 2026 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2024
  3. 3Belgian State Gazette, 30-01-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Equity
€310,339▲ 30.0%
2023 · €238,653
Total assets
€468,338▲ 30.2%
2023 · €359,616
Net result
€71,686▲ 675%
2023 · €9,245
Working capital
€220,401▲ 41.6%
2023 · €155,674
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
Operating result€43,092▼ 9.9%€44,975▲ 4.4%€101,459▲ 126%€50,883▼ 49.8%€96,387▲ 89.4%
Net result€39,662▼ 16.9%€44,100▲ 11.2%€79,325▲ 79.9%€9,245▼ 88.3%€71,686▲ 675%
Equity€105,984▲ 59.8%€150,083▲ 41.6%€229,408▲ 52.9%€238,653▲ 4.0%€310,339▲ 30.0%
Total assets€172,145▲ 32.5%€177,746▲ 3.3%€302,953▲ 70.4%€359,616▲ 18.7%€468,338▲ 30.2%
Debt€66,161▲ 4.1%€27,663▼ 58.2%€73,545▲ 166%€120,963▲ 64.5%€157,999▲ 30.6%
Working capital-€7,749▲ 85.0%€55,988€133,654▲ 139%€155,674▲ 16.5%€220,401▲ 41.6%
Staff (FTE)3.6▲ 56.5%4.2▲ 16.7%4.2=4.4▲ 4.8%5.6▲ 27.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000Operating result 2020: €43,092€43,092Net result 2020: €39,662€39,662Operating result 2021: €44,975€44,975Net result 2021: €44,100€44,100Operating result 2022: €101,459€101,459Net result 2022: €79,325€79,325Operating result 2023: €50,883€50,883Net result 2023: €9,245€9,245Operating result 2024: €96,387€96,387Net result 2024: €71,686€71,68620202021202220232024€0€50,000€100,000Operating result 2022: €101,459€101,000Net result 2022: €79,325€79,300Operating result 2023: €50,883€50,900Net result 2023: €9,245€9,250Operating result 2024: €96,387€96,400Net result 2024: €71,686€71,700202220232024
The operating result recovers in 2024; 2024 is 89% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €468,338
Fixed assets €89,938 ▲ 8.4%
Current assets €378,400 ▲ 36.8%
Equity and liabilities €468,338
Equity €310,339 ▲ 30.0%
Debt €157,999 ▲ 30.6%
Debt's share of the balance-sheet total rises from 33.6% to 33.7%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€103,337▲
2023 · €63,659
Cash flow
€78,637▲
2023 · €22,021
Current ratio
2.39▲
2023 · 2.29
Quick ratio
2.28▲
2023 · 2.03
Debt to equity
0.51▲
2023 · 0.51
ROE
23.1%▲
2023 · 3.9%
ROA
15.3%▲
2023 · 2.6%
Interest coverage
24.22▼
2023 · 31.23
Debt ≤ 1 year
€157,999▲
2023 · €120,963
Income taxes
€20,434▼
2023 · €39,600
Staff costs
€112,330▼
2023 · €160,933
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€359,616€468,338▲
Fixed assets21/28€82,979€89,938▲
Tangible fixed assets22/27€82,979€89,938▲
Land and buildings22€72,678€72,678=
Plant, machinery and equipment23€9,176€9,227▲
Furniture and vehicles24€1,125€8,034▲
Current assets29/58€276,638€378,400▲
Stocks and contracts in progress3€30,538€18,614▼
Stocks30/36€30,538€18,614▼
Amounts receivable within one year40/41€231,937€344,053▲
Trade receivables40€13,088€74▼
Other amounts receivable41€218,848€343,978▲
Cash at bank and in hand54/58€14,163€15,732▲
Equity and liabilities
Total equity and liabilities10/49€359,616€468,338▲
Equity10/15€238,653€310,339▲
Contributions10/11€18,600€18,600=
Reserves13€47,721€47,721=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€45,861€45,861=
Profit (loss) carried forward14€172,332€244,018▲
Amounts payable17/49€120,963€157,999▲
Amounts payable within one year42/48€120,963€157,999▲
Trade debts44€50,683€112,412▲
Suppliers440/4€50,683€112,412▲
Taxes, remuneration and social security45€70,280€45,586▼
Taxes450/3€21,097€25,992▲
Remuneration and social security454/9€49,183€19,594▼
Income statement Code20232024
Remuneration, social security and pensions62€160,933€112,330▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,776€6,950▼
Other operating charges640/8€2,756€17,795▲
Gross operating margin9900€227,347€233,462▲
Operating profit (loss)9901€50,883€96,387▲
Financial charges65/66B€2,038€4,267▲
Recurring financial charges65€2,038€4,267▲
Profit (loss) for the period before taxes9903€48,845€92,120▲
Income taxes67/77€39,600€20,434▼
Profit (loss) for the period9904€9,245€71,686▲
Profit (loss) for the period to be appropriated9905€9,245€71,686▲
Appropriation of the result
Profit (loss) to be appropriated9906€172,332€244,018▲
Profit (loss) brought forward from the previous period14P€163,087€172,332▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62€15,517€14,825€117,126€160,933€112,330▼ 30.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,729€30,048€12,379€12,776€6,950▼ 45.6%
Other operating charges640/8€2,247€1,704€4,630€2,756€17,795▲ 546%
Gross operating margin9900€89,585€91,551€235,594€227,347€233,462▲ 2.7%
Operating profit (loss)9901€43,092€44,975€101,459€50,883€96,387▲ 89.4%
Financial charges65/66B€3,430€875€2,030€2,038€4,267▲ 109%
Recurring financial charges65€3,430€875€2,030€2,038€4,267▲ 109%
Profit (loss) for the period before taxes9903€39,662€44,100€99,429€48,845€92,120▲ 88.6%
Income taxes67/77--€20,104€39,600€20,434▼ 48.4%
Profit (loss) for the period9904€39,662€44,100€79,325€9,245€71,686▲ 675%
Profit (loss) for the period to be appropriated9905€39,662€44,100€79,325€9,245€71,686▲ 675%
Line20202021202220232024Change
Assets
Total assets20/58€172,145€177,746€302,953€359,616€468,338▲ 30.2%
Fixed assets21/28€125,908€95,860€95,754€82,979€89,938▲ 8.4%
Tangible fixed assets22/27€125,908€95,860€95,754€82,979€89,938▲ 8.4%
Land and buildings22€89,779€72,678€72,678€72,678€72,678=
Plant, machinery and equipment23€11,570€6,807€14,326€9,176€9,227▲ 0.6%
Furniture and vehicles24€24,560€16,375€8,750€1,125€8,034▲ 614%
Current assets29/58€46,237€81,886€207,199€276,638€378,400▲ 36.8%
Stocks and contracts in progress3€3,290€16,570€12,345€30,538€18,614▼ 39.0%
Stocks30/36€3,290€16,570€12,345€30,538€18,614▼ 39.0%
Amounts receivable within one year40/41€30,350€60,576€175,201€231,937€344,053▲ 48.3%
Trade receivables40€9,746€15,653€14,063€13,088€74▼ 99.4%
Other amounts receivable41€20,604€44,923€161,138€218,848€343,978▲ 57.2%
Cash at bank and in hand54/58€12,597€4,740€19,653€14,163€15,732▲ 11.1%
Equity and liabilities
Total equity and liabilities10/49€172,145€177,746€302,953€359,616€468,338▲ 30.2%
Equity10/15€105,984€150,083€229,408€238,653€310,339▲ 30.0%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€47,721€47,721€47,721€47,721€47,721=
Non-distributable reserves130/1€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860€1,860€1,860€1,860=
Distributable reserves133€45,861€45,861€45,861€45,861€45,861=
Profit (loss) carried forward14€39,662€83,762€163,087€172,332€244,018▲ 41.6%
Amounts payable17/49€66,161€27,663€73,545€120,963€157,999▲ 30.6%
Amounts payable after more than one year17€12,175€1,764----
Financial debts170/4€12,175€1,764----
Amounts payable within one year42/48€53,986€25,898€73,545€120,963€157,999▲ 30.6%
Current portion of amounts payable after more than one year42€10,115€10,411€1,764---
Trade debts44€43,180€9,935€53,645€50,683€112,412▲ 122%
Suppliers440/4€43,180€9,935€53,645€50,683€112,412▲ 122%
Taxes, remuneration and social security45€691€5,552€18,136€70,280€45,586▼ 35.1%
Taxes450/3---€21,097€25,992▲ 23.2%
Remuneration and social security454/9€691€5,552€18,136€49,183€19,594▼ 60.2%
Line20202021202220232024Change
Profit (loss) for the period9904€39,662€44,100€79,325€9,245€71,686▲ 675%
+ Depreciation and write-downs630€28,729€30,048€12,379€12,776€6,950▼ 45.6%
Operating cash flow (approximation)€68,391€74,148€91,704€22,021€78,637▲ 257%
Investment in fixed assets (approximation)-€0-€12,273€0-€13,910-
Change in cash--€7,857€14,913-€5,490€1,570▲ 129%

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

Download as CSV

Timeline · acts, filings and financial milestones

2026
30-01
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 26-01-2026
2025
19-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2024
31-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 92 days late
2023
31-12
Financial Weakest financial yearnet €9,245 ▼88.3%
Net result drops to €9,245, the lowest in the series.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Highest result since 2019net €79,325 ▲79.9%
Operating result €101,459, net result €79,325, both a record.
31-12
Financial Equity above €200,000Eq €229,408 ▲52.9%
4 profitable years in a row build equity to €229,408.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
12-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 255 days late
12-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 620 days late
2021
31-12
Financial Liquidity quadruplescurrent ratio 3.16
Current ratio from 0.86 to 3.16; short-term debt falls from €53,986 to €25,898.
31-12
Financial Equity above €150,000Eq €150,083 ▲41.6%
3 profitable years in a row build equity to €150,083.
2020
31-12
Financial Equity above €100,000Eq €105,984 ▲59.8%
2 profitable years in a row build equity to €105,984.
SignalFinancial 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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-Niklaas · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
354 m²
Building footprint
314 m²
Volume, LiDAR
1,384 m³
Parcel 46002C1089/00L000, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
KENAN
Lokerse Baan 4, 9111 Sint-NiklaasLimited-service restaurants
since 20192.285.764.418
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
46002C1089/00L000 Flanders 354 m² 1 · 314 m² 7.6 m · 1 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator LISA HEUNINCK
INDUSTRIEPARK-WEST 75, 9100 SINT- NIKLAAS
26-01-2026 → present

Similar companies · same sector, comparable size

Of 21,861 companies in sector 56112 we hold annual accounts for 9,778. 5,646 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-01-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
47811Retail sale of cars and light vans (up to 3.5 tonnes)
Contact
E-mail administratie@hertas-consulting.beSint-Niklaas
Phone 052556605Sint-Niklaas

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