KENZA
ActiveKENZA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €193k and a net result of €-18k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 71% of 3620 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13=
Solvency76▼-3
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 2.95 against 3.37 in 2024; short-term debt: 17.1% and cash: 0.2% of total assets), and 49.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-18k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
49 d late
2022
59 d late
2021
31 d late
2020
24 d late
2019
84 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€193k▼ 8.4%
2024 · €211k
2018: €210k
2019: €222k
2020: €236k
2021: €230k
2022: €233k
2023: €230k
2024: €211k
2018 → 2025
Total assets
€382k▼ 1.4%
2024 · €387k
2018: €566k
2019: €651k
2020: €690k
2021: €648k
2022: €721k
2023: €400k
2024: €387k
2018 → 2025
Net result
€-18k▲ 7.0%
2024 · €-19k
2018: €202k
2019: €37k
2020: €41k
2021: €12k
2022: €4k
2023: €-4k
2024: €-19k
2018 → 2025
Working capital
€127k▼ 3.4%
2024 · €132k
2018: €-93k
2019: €-75k
2020: €-39k
2021: €-41k
2022: €-42k
2023: €136k
2024: €132k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€230k-€233k▲ 1.6%€230k▼ 1.5%€211k▼ 8.2%€193k▼ 8.4%
Operating result€18k-€8k▼ 57.0%€-6k€-24k▼ 313%€-17k▲ 29.9%
Net result€12k-€4k▼ 70.8%€-4k€-19k▼ 430%€-18k▲ 7.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17k in 2025 against €24k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €382k
Fixed assets
€190k▼ 5.3%
Current assets
€192k▲ 2.7%
Equity and liabilities €382k
Equity
€193k▼ 8.4%
Debt
€189k▲ 6.8%
The debt ratio rises from 45.6% to 49.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▲
2024 · €-13k
Cash flow
€-7k▲
2024 · €-8k
Solvency
50.6%▼
2024 · 54.4%
Current ratio
2.95▼
2024 · 3.37
Quick ratio
2.95▼
2024 · 3.37
Debt / equity
0.98▲
2024 · 0.84
ROE
-9.1%▼
2024 · -9.0%
ROA
-4.6%▲
2024 · -4.9%
Interest coverage
-0.54▲
2024 · -1.84
Debt
€189k▲
2024 · €176k
Debt ≤ 1 year
€65k▲
2024 · €56k
Debt > 1 year
€120k▼
2024 · €120k
Income taxes
€194▲
2024 · €159
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€387k€382k▼
Fixed assets21/28€200k€190k▼
Tangible fixed assets22/27€142k€132k▼
Land and buildings22€142k€132k▼
Financial fixed assets28€58k€58k=
Current assets29/58€187k€192k▲
Amounts receivable within one year40/41€185k€192k▲
Trade receivables40-€6k
Other amounts receivable41€185k€186k▲
Cash at bank and in hand54/58€506€579▲
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€387k€382k▼
Equity10/15€211k€193k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€190k€173k▼
Amounts payable17/49€176k€189k▲
Amounts payable after more than one year17€120k€120k▼
Financial debts170/4€115k€120k▲
Other amounts payable178/9€5k-
Amounts payable within one year42/48€56k€65k▲
Current portion of amounts payable after more than one year42€1k€25k▲
Financial debts43€24k-
Credit institutions430/8€24k-
Trade debts44€231€2k▲
Suppliers440/4€231€2k▲
Taxes, remuneration and social security45€160€180▲
Taxes450/3€160€180▲
Other amounts payable47/48€29k€38k▲
Accrued charges and deferred income492/3€775€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k=
Other operating charges640/8€3k€4k▲
Gross operating margin9900€-10k€-2k▲
Operating profit (loss)9901€-24k€-17k▲
Financial income75/76B€12k€10k▼
Recurring financial income75€12k€10k▼
Financial charges65/66B€7k€11k▲
Recurring financial charges65€7k€11k▲
Profit (loss) for the period before taxes9903€-19k€-17k▲
Income taxes67/77€159€194▲
Profit (loss) for the period9904€-19k€-18k▲
Profit (loss) for the period to be appropriated9905€-19k€-18k▲
Appropriation of the result
Profit (loss) to be appropriated9906€190k€173k▼
Profit (loss) brought forward from the previous period14P€209k€190k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 49 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 3.53
Current ratio from 0.88 to 3.53; short-term debt falls from €356k to €54k.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 59 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 84 days late
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 450 days late
2018
07-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 38 days late
2017
17-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 78 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Herent · 1 establishment unit since 1998
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Timmerik 113020 HerentGround area
1,935 m²
Building footprint
389 m²
Volume, LiDAR
2,315 m³
2 parcels, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vanilla Room
since 19982.131.290.334
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24422F0327/00R000 | Flanders | 1,004 m² | 1 · 214 m² | 8.3 m · 2 fl. |
| 24422F0328/00K000 | Flanders | 931 m² | 1 · 175 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Il Pinguino
BE 0782.495.238
Leuven · Eq €193k
nICE! Cream
BE 0723.701.855
Huldenberg · Eq €193k
CAL-YOUPY
BE 0627.899.806
Saint-Nicolas · Eq €193k
PHIMANCO
BE 0475.234.276
Rixensart · Eq €193k
LE MEDITERRANEEN-ABOUDAOUD
BE 0865.434.691
Anderlecht · Eq €193k
Of 21,911 companies in sector 56112 we hold annual accounts for 9,783. 6,773 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded09-12-1998
Fiscal year end31-12
Trade name NL
Direct Business Management en Consulting - Media Management en Consulting
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.