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KHAA

Active
Private limited company (pre-2019)founded 20178 years activeDelaunoystraat 65, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0683.925.125
Summary

The computed 12-month bankruptcy probability of KHAA is 2.6% (moderate). The 2024 annual accounts show equity of €16,979 and a net result of €4,417. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 65% of 18,970 sector peers (NACE 56, fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€36,688total assets 2024
Equity
€16,979
Profit
€4,417
Turnover not published (abridged schema)
Financial health
54 Fair Checked score 2024
Bankruptcy probability, 12 months
2.6%
Structure
Board
1 member
Accounts 68 days overdue1 of 7 deeds read
Why 54- Figures for FY 2024 (filed 28-08-2025)- Sector Food and beverage service activities (NACE 56)- Size: total assets €36,688+ Liquidity: current ratio 1.55, cash €16,155Show the evidence

Checked score

Score 2024
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 72% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Strong
Solvency 71-21
equity 46.3% of total assets
Liquidity 73-12
short-term debt 53.7% · cash 44.0%
Profitability 84+10
return on assets 12.0%
Bankruptcy probability, 12 months
2.6% 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% (23,693 companies)
Last 24 months 11-2024: 0.8% 12-2024: 0.8%● unchanged vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.9%▲ +0.1 percentage points vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.8%▼ -0.1 percentage points vs 05-2025 07-2025: 0.9%▲ +0.1 percentage points vs 06-2025 08-2025: 1.3%▲ +0.4 percentage points vs 07-2025 09-2025: 0.8%▼ -0.5 percentage points vs 08-2025 10-2025: 0.8%● unchanged vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.6%▼ -0.2 percentage points vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026lowest value 04-2026: 0.7%▲ +0.1 percentage points vs 03-2026 05-2026: 0.7%● unchanged vs 04-2026 06-2026: 0.7%● unchanged vs 05-2026 07-2026: 0.8%▲ +0.1 percentage points vs 06-2026 08-2026: 1.2%▲ +0.4 percentage points vs 07-2026 09-2026: 1.4%▲ +0.2 percentage points vs 08-2026 10-2026: 2.6%▲ +1.2 percentage points vs 09-2026highest value
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.55 against 1.72 in 2023; short-term debt: 53.7% and cash: 44% of total assets), but 53.7% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 64% on solvency, 76% on liquidity, 71% on profitability and 75% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2024 (filed 28-08-2025)
NBB · annual accounts
lowers risk · Liquidity: current ratio 1.55, cash €16,155
NBB · annual accounts
raises risk · Sector Food and beverage service activities (NACE 56)
KBO
raises risk · Size: total assets €36,688
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 filings
Deviation from the deadline
2025
not confirmed
2024
25 days late
2023
30 days late
2022
28 days early
2021
29 days late
2020
61 days late
2019
60 days late
← 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 30 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
Checked from 2021 on.
KBO publications · our coverage
  1. Resignation: El Khazrouni Abdelmajid (director)Appointment: Aissati Younes (director) ·…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Annual accounts filedfiscal year 2023 · micro…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 68 days late View
  • Caution: Board changedlatest change 08-12-2025 · 1 in office 1 joined · 1 left View
  • Total assets 20246 fiscal years filed €36,688 View

By topic

Financials

Fiscal year
2024
Total assets
€36,688
Profit
€4,417
Solvency
46.3%
Total assets▲ 94.3%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2019
  1. 31-12-2023Back to profit
  2. 03-07-2023Annual accounts filed
  3. 31-12-2022Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
Limited-service restaurants, excluding mobile food servicesNACE 56112
Founded
02-11-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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