KHAI
ActiveSummary
The computed 12-month bankruptcy probability of KHAI is 8.6% (elevated). The 2025 annual accounts show negative equity (€-26k) and a net result of €-15k. Equity is shrinking by ~6% per year across the filed fiscal years. Its solvency ranks better than 13% of 13305 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
9
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency0▼-4
Growth58▼-20
Track record94
Bankruptcy probability, 12 months
8.6%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.35 against 0.51 in 2024; short-term debt: 162.3% and cash: 3.1% of total assets), and equity is negative.
Credit advice 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
-63%
Return on assets
-37.8%
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 €-26k
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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
71 d late
2023
140 d late
2022
339 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-26k▼ 150%
2024 · €-10k
2022: €-15k
2023: €-28k
2024: €-10k
2022 → 2025
Total assets
€41k▼ 18.0%
2024 · €50k
2022: €27k
2023: €44k
2024: €50k
2022 → 2025
Net result
€-15k
2024 · €17k
2022: €-20k
2023: €-13k
2024: €17k
2022 → 2025
Working capital
€-43k▼ 46.0%
2024 · €-30k
2022: €-27k
2023: €-65k
2024: €-30k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-15k-€-28k▼ 82.9%€-10k▲ 63.0%€-26k▼ 150%
Operating result€-20k-€-11k▲ 44.2%€18k€-15k
Net result€-20k-€-13k▲ 37.7%€17k€-15k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €18k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41k
Fixed assets
€18k ▼ 7.8%
Current assets
€23k ▼ 24.5%
Key figures and ratios
EBITDA
€-15k▼
2024 · €23k
Cash flow
€-15k▼
2024 · €23k
Solvency
-63.0%▼
2024 · -20.6%
Current ratio
0.35▼
2024 · 0.51
Debt to equity
-2.59▲
2024 · -5.84
ROA
-37.8%▼
2024 · 35.2%
Interest coverage
-127.31▼
2024 · 69.93
Debt
€66k▲
2024 · €60k
Debt ≤ 1 year
€66k▲
2024 · €60k
Income taxes
€101▼
2024 · €220
Staff costs
€1k
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€50k€41k▼
Fixed assets21/28€19k€18k▼
Intangible fixed assets21-€6k
Tangible fixed assets22/27€7k-
Furniture and vehicles24€7k-
Financial fixed assets28€12k€12k=
Current assets29/58€30k€23k▼
Amounts receivable within one year40/41€30k€22k▼
Trade receivables40€7k€8k▲
Other amounts receivable41€23k€13k▼
Cash at bank and in hand54/58€19€1k▲
Equity and liabilities
Total equity and liabilities10/49€50k€41k▼
Equity10/15€-10k€-26k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-15k€-31k▼
Amounts payable17/49€60k€66k▲
Amounts payable within one year42/48€60k€66k▲
Trade debts44€51k€56k▲
Suppliers440/4€51k€56k▲
Taxes, remuneration and social security45€9k€10k▲
Taxes450/3€168€626▲
Remuneration and social security454/9€9k€10k▲
Accrued charges and deferred income492/3-€283
Income statement
Code20242025
Non-recurring operating income76A€38k-
Remuneration, social security and pensions62-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€232▼
Other operating charges640/8€3k€4k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€27k€-5k▼
Operating profit (loss)9901€18k€-15k▼
Financial charges65/66B€336€117▼
Recurring financial charges65€336€117▼
Profit (loss) for the period before taxes9903€18k€-15k▼
Income taxes67/77€220€101▼
Profit (loss) for the period9904€17k€-15k▼
Profit (loss) for the period to be appropriated9905€17k€-15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-31k▼
Profit (loss) brought forward from the previous period14P€-33k€-15k▲
The notes to these accounts (8 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 · micro schema · 31 days late
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 71 days late
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
18-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 140 days late
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 339 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Antwerpen · 2 establishment units since 2021
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.
Lange Dijkstraat 822060 AntwerpenGround area
196 m²
Building footprint
186 m²
Volume, LiDAR
1,865 m³
2 parcels, Flanders · tallest building 16.1 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
KHAI
since 20212.328.332.174
ANTWERP FRENCH TACOS
since 20252.379.544.612
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0191/00C006 | Flanders | 139 m² | 1 · 128 m² | 16.1 m · 4 fl. |
| 11422C0314/00A002 | Flanders | 57 m² | 1 · 57 m² | 10.5 m · 3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.379.544.612
Similar companies · same sector and region
7de Hemel
BE 0757.726.485
Antwerpen
AETAS
BE 0736.605.627
Antwerpen
Ani International
BE 0753.970.706
Antwerpen
Antwerp Culinary Arts
BE 0789.971.562
Antwerpen
BABIL
BE 0501.625.602
Antwerpen
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.