KHAFI GROUP
ActiveSummary
The computed 12-month bankruptcy probability of KHAFI GROUP is 12.9% (high). The 2025 annual accounts show negative equity (€-30k) and a net result of €-35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 113 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-46
Growth55▼-13
Track record94
Bankruptcy probability, 12 months
12.9%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.5 against 0.73 in 2024; short-term debt: 143.9% and cash: 0.9% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six 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 53
Relative position
BE, all sectors
reference
Postal and courier activities (NACE 53)
about 277% 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
-43.9%
Return on assets
-50.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year €-30k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
21 d early
2024
4 d late
2023
105 d late
2022
63 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€131k▲ 138%
2024 · €55k
2022: €28klowest in 4 years
2023: €66k▲ +141% vs 2022
2024: €55k▼ -17.4% vs 2023
2025: €131k▲ +138% vs 2024highest in 4 years
2022 → 2025
EBIT margin
-25.0%▼ 14.8pp
2024 · -10.2%
2022: -1.1%
2023: 12.9%▲ +1307% vs 2022highest in 4 years
2024: -10.2%▼ -179% vs 2023
2025: -25.0%▼ -145% vs 2024lowest in 4 years
2022 → 2025
Net result
€-35k▼ 498%
2024 · €-6k
2022: €-420
2023: €6k▲ +1522% vs 2022highest in 4 years
2024: €-6k▼ -198% vs 2023
2025: €-35k▼ -498% vs 2024lowest in 4 years
2022 → 2025
Working capital
€-50k▼ 983%
2024 · €-5k
2022: €-920
2023: €2k▲ +269% vs 2022highest in 4 years
2024: €-5k▼ -396% vs 2023
2025: €-50k▼ -983% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Turnover€28k-€66k▲ 141%€55k▼ 17.4%€131k▲ 138%
2022: €28klowest in 4 years
2023: €66k▲ +141% vs 2022
2024: €55k▼ -17.4% vs 2023
2025: €131k▲ +138% vs 2024highest in 4 years
Equity€5k-€11k▲ 130%€5k▼ 55.7%€-30k
2022: €5k
2023: €11k▲ +130% vs 2022highest in 4 years
2024: €5k▼ -55.7% vs 2023
2025: €-30k▼ -752% vs 2024lowest in 4 years
Operating result€-293-€9k€-6k€-33k▼ 484%
2022: €-293
2023: €9k▲ +3014% vs 2022highest in 4 years
2024: €-6k▼ -165% vs 2023
2025: €-33k▼ -484% vs 2024lowest in 4 years
Net result€-420-€6k€-6k€-35k▼ 498%
2022: €-420
2023: €6k▲ +1522% vs 2022highest in 4 years
2024: €-6k▼ -198% vs 2023
2025: €-35k▼ -498% vs 2024lowest in 4 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €33k in 2025 against €6k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €69k
Fixed assets
€19k ▲ 108%
Current assets
€50k ▲ 302%
Key figures and ratios
Solvency
-43.9%▼
2024 · 21.5%
Current ratio
0.50▼
2024 · 0.73
Debt to equity
-3.28▼
2024 · 3.65
ROA
-50.6%▼
2024 · -27.0%
Debt
€100k▲
2024 · €17k
Debt ≤ 1 year
€100k▲
2024 · €17k
Staff costs
€97k▲
2024 · €18k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€22k€69k▲
Fixed assets21/28€9k€19k▲
Financial fixed assets28€9k€19k▲
Current assets29/58€12k€50k▲
Amounts receivable within one year40/41€11k€50k▲
Trade receivables40€3k€46k▲
Other amounts receivable41€9k€4k▼
Current investments50/53-€20
Cash at bank and in hand54/58€1k€637▼
Equity and liabilities
Total equity and liabilities10/49€22k€69k▲
Equity10/15€5k€-30k▼
Contributions10/11€5k€5k=
Reserves13€4k€4k=
Non-distributable reserves130/1€278€278=
Reserves not available under the articles1311€278€278=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€-5k€-40k▼
Amounts payable17/49€17k€100k▲
Amounts payable within one year42/48€17k€100k▲
Trade debts44€1k€28k▲
Suppliers440/4€1k€28k▲
Advances received on contracts in progress46€891€38k▲
Taxes, remuneration and social security45€15k€34k▲
Taxes450/3€14k€34k▲
Remuneration and social security454/9€755-
Income statement
Code20242025
Turnover70€55k€131k▲
Non-recurring operating income76A-€356
Goods, raw materials, services and sundry goods60/61€47k€63k▲
Remuneration, social security and pensions62€18k€97k▲
Other operating charges640/8€533€32▼
Non-recurring operating charges66A€1k€4k▲
Gross operating margin9900€14k€69k▲
Operating profit (loss)9901€-6k€-33k▼
Financial income75/76B€3€883▲
Recurring financial income75€3€883▲
Financial charges65/66B€291€3k▲
Recurring financial charges65€291€3k▲
Profit (loss) for the period before taxes9903€-6k€-35k▼
Profit (loss) for the period9904€-6k€-35k▼
Profit (loss) for the period to be appropriated9905€-6k€-35k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€-40k▼
Profit (loss) brought forward from the previous period14P€1k€-5k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Turnover70 | €28k | €66k | €55k | €131k | ▲ 138% |
| Non-recurring operating income76A | - | - | - | €356 | - |
| Goods, raw materials, services and sundry goods60/61 | €19k | €33k | €47k | €63k | ▲ 34.0% |
| Remuneration, social security and pensions62 | €9k | €24k | €18k | €97k | ▲ 439% |
| Other operating charges640/8 | - | €149 | €533 | €32 | ▼ 94.0% |
| Non-recurring operating charges66A | €209 | €749 | €1k | €4k | ▲ 220% |
| Gross operating margin9900 | €9k | €34k | €14k | €69k | ▲ 382% |
| Operating profit (loss)9901 | €-293 | €9k | €-6k | €-33k | ▼ 484% |
| Financial income75/76B | - | - | €3 | €883 | ▲ 34,379% |
| Recurring financial income75 | - | - | €3 | €883 | ▲ 34,379% |
| Financial charges65/66B | €127 | €325 | €291 | €3k | ▲ 1,053% |
| Recurring financial charges65 | €127 | €325 | €291 | €3k | ▲ 1,053% |
| Profit (loss) for the period before taxes9903 | €-420 | €8k | €-6k | €-35k | ▼ 498% |
| Income taxes67/77 | - | €2k | - | - | - |
| Profit (loss) for the period9904 | €-420 | €6k | €-6k | €-35k | ▼ 498% |
| Profit (loss) for the period to be appropriated9905 | €-420 | €6k | €-6k | €-35k | ▼ 498% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €13k | €24k | €22k | €69k | ▲ 219% |
| Fixed assets21/28 | €9k | €9k | €9k | €19k | ▲ 108% |
| Financial fixed assets28 | €9k | €9k | €9k | €19k | ▲ 108% |
| Current assets29/58 | €4k | €15k | €12k | €50k | ▲ 302% |
| Amounts receivable within one year40/41 | €3k | €14k | €11k | €50k | ▲ 344% |
| Trade receivables40 | €2k | €4k | €3k | €46k | ▲ 1,672% |
| Other amounts receivable41 | €999 | €10k | €9k | €4k | ▼ 56.2% |
| Current investments50/53 | - | - | - | €20 | - |
| Cash at bank and in hand54/58 | €1k | €273 | €1k | €637 | ▼ 52.0% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €13k | €24k | €22k | €69k | ▲ 219% |
| Equity10/15 | €5k | €11k | €5k | €-30k | ▼ 752% |
| Contributions10/11 | €5k | €5k | €5k | €5k | = |
| Reserves13 | - | €4k | €4k | €4k | = |
| Non-distributable reserves130/1 | - | €278 | €278 | €278 | = |
| Reserves not available under the articles1311 | - | €278 | €278 | €278 | = |
| Distributable reserves133 | - | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €-420 | €1k | €-5k | €-40k | ▼ 763% |
| Amounts payable17/49 | €8k | €13k | €17k | €100k | ▲ 485% |
| Amounts payable within one year42/48 | €5k | €13k | €17k | €100k | ▲ 485% |
| Trade debts44 | €967 | €2k | €1k | €28k | ▲ 2,220% |
| Suppliers440/4 | €967 | €2k | €1k | €28k | ▲ 2,220% |
| Advances received on contracts in progress46 | €891 | €891 | €891 | €38k | ▲ 4,167% |
| Taxes, remuneration and social security45 | €3k | €10k | €15k | €34k | ▲ 127% |
| Taxes450/3 | €3k | €10k | €14k | €34k | ▲ 139% |
| Remuneration and social security454/9 | - | - | €755 | - | - |
| Accrued charges and deferred income492/3 | €4k | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-420 | €6k | €-6k | €-35k | ▼ 498% |
| Operating cash flow (approximation) | €-420 | €6k | €-6k | €-35k | ▼ 498% |
| Investment in fixed assets (approximation) | - | €0 | €-268 | €-10k | ▼ 3,625% |
| Change in cash | - | €-760 | €1k | €-690 | ▼ 165% |
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
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-35k
Net result drops to €-35k, the lowest in the series.
04-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 4 days late
2024
13-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 105 days late
2023
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 63 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, Anderlecht · 1 establishment unit since 2021
Ground area
2.4 ha
Building footprint
4,226 m²
Volume, LiDAR
64,727 m³
2 parcels, Brussels, Wallonia · tallest building 20.6 m, ±5 floors. Linked by address, not a title deed.
91
companies at this address
See who is registered here
1 establishment unit
KHAFI GROUP
since 20212.361.673.054
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21307F0126/00G000 | Brussels | 2.4 ha | 1 · 4,149 m² | 20.6 m · 5 fl. |
| 55025A0535/00B013 | Wallonia | 133 m² | 1 · 78 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
Similar companies · same sector, comparable size
Topline
BE 0845.823.964
Heusden-Zolder · Eq €4,666
BenH.drive
BE 1017.032.726
Kraainem · Eq €4,661
My UNIA
BE 0768.817.446
Brussel · Eq €4,688
OKS SERVICES
BE 0798.189.739
Wemmel · Eq €4,756
MEDIPED NONO
BE 1009.031.117
Dilbeek · Eq €4,779
Of 4,906 companies in sector 53200 we hold annual accounts for 1,322. 661 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
Founded07-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
53200Other postal and courier activities
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.