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KERKENHOEK

Active
Private limited company (pre-2019)founded 199629 yrs activeKoningin Elisabethlaan 57, 9000 Gent, BelgiumKBO/BCE: BE 0458.974.997
Summary

The computed 12-month bankruptcy probability of KERKENHOEK is 2.9% (moderate). The 2024 annual accounts show equity of €128,021 and a net result of €5,622. Equity is growing by ~48.4% per year across the filed fiscal years. Its solvency ranks better than 57% of 18968 sector peers (fiscal year 2024). The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111Full-service restaurants NACE 56101
1 site
Size
€348,273total assets 2024
Staff
10.4 FTE
Equity
€128,021
Profit
€5,622
Turnover not published (abridged schema)
Financial health
51 Fair Checked score 2024
Bankruptcy chance 12 m
2.9%
Structure
Accounts 66 d overdue0 of 4 deeds read
Why 51- Figures for FY 2024 (filed 19-08-2025)- Sector Food and beverage service activities (NACE 56)- 1 financial year not filed after the legal deadline; latest accounts 19 days late; 2 of the last 3 late+ Founded in 1996Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 41% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Average
Solvency 62-2
equity 36.8% of total assets
Liquidity 32+2
short-term debt 46.9% · cash 4.2%
Profitability 45-42
return on assets 1.6%
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,690 companies)
Last 24 months 11-2024: 2.7% 12-2024: 2.7%● 0.0% vs 11-2024 01-2025: 2.7%● 0.0% vs 12-2024 02-2025: 2.7%● 0.0% vs 01-2025 03-2025: 2.5%▼ -5.5% vs 02-2025 04-2025: 2.5%▼ -2.0% vs 03-2025 05-2025: 2.5%▼ -1.5% vs 04-2025 06-2025: 2.4%▼ -3.5% vs 05-2025 07-2025: 2.4%▲ +3.4% vs 06-2025 08-2025: 3.2%▲ +31.0% vs 07-2025highest value 09-2025: 1.6%▼ -49.9% vs 08-2025 10-2025: 1.6%● 0.0% vs 09-2025 11-2025: 1.6%● 0.0% vs 10-2025 12-2025: 1.6%● 0.0% vs 11-2025 01-2026: 1.6%▼ -1.5% vs 12-2025 02-2026: 1.6%● 0.0% vs 01-2026 03-2026: 1.6%▼ -0.9% vs 02-2026 04-2026: 1.6%▼ -0.1% vs 03-2026 05-2026: 1.5%▼ -6.5% vs 04-2026 06-2026: 1.4%▼ -3.4% vs 05-2026lowest value 07-2026: 1.5%▲ +8.1% vs 06-2026 08-2026: 2.2%▲ +46.2% vs 07-2026 09-2026: 2.5%▲ +10.9% vs 08-2026 10-2026: 2.9%▲ +17.0% vs 09-2026
  • Figures for FY 2024 (filed 19-08-2025) raises the probability
  • Sector Food and beverage service activities (NACE 56) raises the probability
  • Founded in 1996 lowers the probability for this profile
  • 1 financial year not filed after the legal deadline; latest accounts 19 days late; 2 of the last 3 late raises the probability
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.87 in 2023; short-term debt: 46.9% and cash: 4.2% of total assets), but 63.2% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 56%, liquidity 27%, profitability 33%, growth against the median 49%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 19-08-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Founded in 1996
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 19 days late; 2 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
19 d late
2023
52 d late
2022
36 d late
2021
19 d late
2020
31 d late
2019
4 d early
← 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 26 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.

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
  1. Annual accounts filedfiscal year 2024 · micro…
  2. Annual accounts filedfiscal year 2023 · micro…
  3. Highest result since 2018net €45,567 ▲184%

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 66 d late View
  • Positive: Among the best 17% on equitysector median €27,519 · 19,009 companies €128,021 View
  • Positive: 7 profitable years in a rowprofit 2024: €5,622 7 years View

By topic

Financials

Fiscal year
2024
Total assets
€348,273
Profit
€5,622
Solvency
36.8%
Total assets▲ 10.0%
Net result
20182024
Go to Financials

Timeline

Events
13
Since
2015
  1. 19-08-2025Annual accounts filed
  2. 21-09-2024Annual accounts filed
  3. 31-12-2023Highest result since 2018
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Full-service restaurantsNACE 56111
Founded
08-10-1996
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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