KEZI
ActiveSummary
The computed 12-month bankruptcy probability of KEZI is 6.7% (elevated). The 2025 annual accounts show equity of €35,463 and a net result of -€15,235. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 70% of 3762 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-55
Solvency75▲+8
Growth68▼-16
Track record100
Bankruptcy probability, 12 months
6.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.73 against 1.59 in 2024; short-term debt: 49.6% and cash: 3.3% of total assets), and 49.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
50.4%
Return on assets
-21.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 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 · 7 filingsDeviation from the deadline
2025
22 d late
2024
58 d late
2023
26 d late
2022
31 d late
2021
46 d late
2020
210 d late
2019
3 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 57 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 31 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Turnover
€112,413▲ 69.1%
2021 · €66,475
EBIT margin
-1.5%▲ 55.4pp
2021 · -56.9%
Net result
-€15,235
2024 · €8,643
Working capital
€25,463▼ 37.4%
2024 · €40,698
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€66,475▲ 190%€112,413▲ 69.1%
Operating result-€37,857▼ 71.3%-€1,734▲ 95.4%€2,068€8,944▲ 333%-€13,750
Net result-€37,175below the sector's middle half▼ 68.2%-€2,092within the sector's middle half▲ 94.4%€1,766within the sector's middle half€8,643within the sector's middle half▲ 389%-€15,235below the sector's middle half
EBIT margin-56.9%▲ 39.6pp-1.5%▲ 55.4pp
Equity€5,381within the sector's middle half▼ 54.9%€3,289within the sector's middle half▼ 38.9%€42,055within the sector's middle half▲ 1,179%€50,698within the sector's middle half▲ 20.6%€35,463within the sector's middle half▼ 30.0%
Total assets€18,938below the sector's middle half▼ 13.2%€47,610within the sector's middle half▲ 151%€78,982within the sector's middle half▲ 65.9%€120,170within the sector's middle half▲ 52.1%€70,360below the sector's middle half▼ 41.4%
Debt€13,558▲ 37.3%€44,321▲ 227%€36,927▼ 16.7%€69,472▲ 88.1%€34,897▼ 49.8%
Working capital-€3,296within the sector's middle half-€5,138within the sector's middle half▼ 55.9%€32,328within the sector's middle half€40,698within the sector's middle half▲ 25.9%€25,463within the sector's middle half▼ 37.4%
Solvency28.4%within the sector's middle half▼ 26.3pp6.9%within the sector's middle half▼ 21.5pp53.2%within the sector's middle half▲ 46.3pp42.2%within the sector's middle half▼ 11.1pp50.4%within the sector's middle half▲ 8.2pp
Current ratio0.73within the sector's middle half▼ 1.480.88within the sector's middle half▲ 0.151.88within the sector's middle half▲ 1.001.59within the sector's middle half▼ 0.301.73within the sector's middle half▲ 0.14
Return on assets (ROA)-196.3%below the sector's middle half▼ 95.0pp-4.4%within the sector's middle half▲ 191.9pp2.2%within the sector's middle half▲ 6.6pp7.2%within the sector's middle half▲ 5.0pp-21.7%below the sector's middle half▼ 28.8pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €13,750 after €8,944 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €70,360
Fixed assets
€10,000 =
Current assets
€60,360 ▼ 45.2%
Equity and liabilities €70,360
Equity
€35,463 ▼ 30.0%
Debt
€34,897 ▼ 49.8%
Debt's share of the balance-sheet total falls from 57.8% to 49.6%. Equity and debt are lower.
Key figures and ratios
Quick ratio
0.87▼
2024 · 1.11
Debt to equity
0.98▼
2024 · 1.37
ROE
-43.0%▼
2024 · 17.0%
Debt ≤ 1 year
€34,897▼
2024 · €69,472
Income taxes
€1,076
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,597 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
2.8%
went bankrupt
9.2%
stopped otherwise
87%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 6.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,597 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €66,475 | €112,413 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €114,833 | €113,553 | - | - | - | - |
| Remuneration, social security and pensions62 | - | €203 | - | - | - | - |
| Other operating charges640/8 | - | €391 | €682 | €207 | €720 | ▲ 248% |
| Non-recurring operating charges66A | - | - | - | - | €7,001 | - |
| Gross operating margin9900 | -€37,857 | -€1,139 | €2,749 | €9,151 | -€6,029 | ▼ 166% |
| Operating profit (loss)9901 | -€37,857 | -€1,734 | €2,068 | €8,944 | -€13,750 | ▼ 254% |
| Financial income75/76B | - | - | €2 | - | €788 | - |
| Recurring financial income75 | - | - | €2 | - | €788 | - |
| Financial charges65/66B | -€683 | €358 | €303 | €301 | €1,197 | ▲ 297% |
| Recurring financial charges65 | -€683 | €358 | €303 | €301 | €1,197 | ▲ 297% |
| Profit (loss) for the period before taxes9903 | -€37,175 | -€2,092 | €1,766 | €8,643 | -€14,159 | ▼ 264% |
| Income taxes67/77 | - | - | - | - | €1,076 | - |
| Profit (loss) for the period9904 | -€37,175 | -€2,092 | €1,766 | €8,643 | -€15,235 | ▼ 276% |
| Profit (loss) for the period to be appropriated9905 | -€37,175 | -€2,092 | €1,766 | €8,643 | -€15,235 | ▼ 276% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €18,938 | €47,610 | €78,982 | €120,170 | €70,360 | ▼ 41.4% |
| Fixed assets21/28 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Intangible fixed assets21 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Current assets29/58 | €8,938 | €37,610 | €68,982 | €110,170 | €60,360 | ▼ 45.2% |
| Stocks and contracts in progress3 | - | - | €30,000 | €32,901 | €30,000 | ▼ 8.8% |
| Stocks30/36 | - | - | €30,000 | €30,000 | €30,000 | = |
| Contracts in progress37 | - | - | - | €2,901 | - | - |
| Amounts receivable within one year40/41 | €8,377 | €33,402 | €37,002 | €64,759 | €28,043 | ▼ 56.7% |
| Trade receivables40 | - | €33,402 | €36,565 | €48,905 | €28,043 | ▼ 42.7% |
| Other amounts receivable41 | €8,377 | €0 | €437 | €15,853 | - | - |
| Cash at bank and in hand54/58 | €561 | €4,207 | €1,980 | €4,879 | €2,318 | ▼ 52.5% |
| Deferred charges and accrued income490/1 | - | - | - | €7,632 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €18,938 | €47,610 | €78,982 | €120,170 | €70,360 | ▼ 41.4% |
| Equity10/15 | €5,381 | €3,289 | €42,055 | €50,698 | €35,463 | ▼ 30.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | €18,600 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Outside capital11 | - | - | €18,600 | €18,600 | €18,600 | = |
| Share premium1100/10 | - | - | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€13,219 | -€15,311 | €23,455 | €32,098 | €16,863 | ▼ 47.5% |
| Amounts payable17/49 | €13,558 | €44,321 | €36,927 | €69,472 | €34,897 | ▼ 49.8% |
| Amounts payable within one year42/48 | €12,234 | €42,748 | €36,654 | €69,472 | €34,897 | ▼ 49.8% |
| Trade debts44 | €10,063 | €15,009 | €13,529 | - | €5,102 | - |
| Suppliers440/4 | €10,063 | €15,009 | €13,529 | - | €5,102 | - |
| Taxes, remuneration and social security45 | €930 | €2,347 | €4,961 | €32,357 | €1,839 | ▼ 94.3% |
| Taxes450/3 | €930 | €2,347 | €4,961 | €32,357 | €1,839 | ▼ 94.3% |
| Remuneration and social security454/9 | - | - | €0 | - | - | - |
| Other amounts payable47/48 | €1,242 | €25,392 | €18,165 | €37,115 | €27,956 | ▼ 24.7% |
| Accrued charges and deferred income492/3 | €1,323 | €1,573 | €273 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€37,175 | -€2,092 | €1,766 | €8,643 | -€15,235 | ▼ 276% |
| Operating cash flow (approximation) | -€37,175 | -€2,092 | €1,766 | €8,643 | -€15,235 | ▼ 276% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €3,646 | -€2,228 | €2,899 | -€2,561 | ▼ 188% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 22 days late
2025
27-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 58 days late
2024
31-12
Financial
Highest result since 2019net €8,643 ▲389%
Operating result €8,944, net result €8,643, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Back to profitnet €1,766
Net result €1,766 after 4 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 1.88
Current ratio from 0.88 to 1.88; short-term debt falls from €42,748 to €36,654.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
15-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 46 days late
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 210 days late
2021
31-12
Financial
Weakest financial yearnet -€37,175
Net result drops to -€37,175, the lowest in the series; recovery starts the following year.
2020
31-12
Financial
Liquidity doublescurrent ratio 2.21
Current ratio from 1.06 to 2.21; short-term debt falls from €25,618 to €9,872.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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-Agatha-Berchem · 1 establishment unit since 2018
Ground area
63 m²
Building footprint
75 m²
Volume, LiDAR
760 m³
Parcel 21003A0312/00Y005, Brussels · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
KEZI
since 20182.282.298.647
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21003A0312/00Y005 | Brussels | 63 m² | 1 · 75 m² | 15.6 m · 4 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Agatha-Berchem2.282.298.647
Similar companies · same sector, comparable size
LE MENU PLAISIR
BE 0476.785.880
Frameries · Eq €35,458
DBR
BE 0657.765.512
Boortmeerbeek · Eq €35,406
Zuid-West AD
BE 0545.907.684
Grimbergen · Eq €35,395
Le New Touquet
BE 0436.445.263
Sint-Gillis (bij-Brussel) · Eq €35,371
EAMB
BE 0790.371.836
Antwerpen · Eq €35,581
Of 14,005 companies in sector 56301 we hold annual accounts for 4,897. 4,106 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
Founded08-11-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Contact
Website
www.kezi-invest.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0712973556
Also
9925:BE0712973556
Registered
04-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.