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KHANGSAR

Active Risk: moderate
Private limited companyfounded 20205 yrs activeVeemarkt 20, 2800 Mechelen, BelgiumKBO/BCE: BE 0758.782.597
Summary

The computed 12-month bankruptcy probability of KHANGSAR is 3.7% (moderate). The 2025 annual accounts show equity of €4,472. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 13617 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability. Missing figures are not a judgement about the company.
Axes · tick = 2024
Profitability-
Solvency39=
Growth58=
Track record94
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Three 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 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 · 5 filings
Deviation from the deadline
2025
52 d late
2024
43 d late
2023
98 d late
2022
31 d late
2021
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 51 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 (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 12 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
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

History

On 26 November 2020, KHANGSAR was incorporated as a Private limited company.1 Total assets went from EUR 58,249 in 2021 to EUR 32,295 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€4,472=
2024 · €4,472
Total assets
€32,295=
2024 · €32,295
Net result
€9,272
2023 · -€15,553
Working capital
-€7,815=
2024 · -€7,815
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
Operating result€7,760--€14,002€9,261
Net result€7,762within the sector's middle half--€15,553below the sector's middle half€9,272within the sector's middle half
Equity€25,762within the sector's middle half-€25,762within the sector's middle half=-€4,799below the sector's middle half€4,472within the sector's middle half€4,472within the sector's middle half=
Total assets€58,249within the sector's middle half-€58,249within the sector's middle half=€23,963below the sector's middle half▼ 58.9%€32,295below the sector's middle half▲ 34.8%€32,295below the sector's middle half=
Debt€32,487-€32,487=€28,762▼ 11.5%€27,823▼ 3.3%€27,823=
Working capital-€17,198within the sector's middle half--€17,198within the sector's middle half=-€17,765within the sector's middle half▼ 3.3%-€7,815within the sector's middle half▲ 56.0%-€7,815within the sector's middle half=
Solvency44.2%within the sector's middle half-44.2%within the sector's middle half=-20.0%below the sector's middle half▼ 64.3pp13.8%within the sector's middle half▲ 33.9pp13.8%within the sector's middle half=
Current ratio0.46below the sector's middle half-0.46below the sector's middle half=0.36below the sector's middle half▼ 0.090.71within the sector's middle half▲ 0.350.71within the sector's middle half=
Return on assets (ROA)13.3%within the sector's middle half--64.9%below the sector's middle half28.7%above the sector's middle half▲ 93.6pp
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.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2021: €7,760€7,760Net result 2021: €7,762€7,762Operating result 2023: -€14,002-€14,002Net result 2023: -€15,553-€15,553Operating result 2024: €9,261€9,261Net result 2024: €9,272€9,27220212022202320242025-€20,000-€10,000€0€10,000Operating result 2023: -€14,002-€14,000Net result 2023: -€15,553-€15,600Operating result 2024: €9,261€9,260Net result 2024: €9,272€9,270202320242025
The operating result returns to profit in 2024: €9,261 after a loss of €14,002 in 2023, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32,295
Fixed assets €13,187 =
Current assets €19,108 =
Equity and liabilities €32,295
Equity €4,472 =
Debt €27,823 =
Debt's share of the balance-sheet total stays at 86.2%.
Key figures and ratios
2025 value · change against 2024
Quick ratio
0.69=
2024 · 0.69
Debt to equity
6.22=
2024 · 6.22
Debt ≤ 1 year
€26,923=
2024 · €26,923
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€32,295€32,295=
Fixed assets21/28€13,187€13,187=
Tangible fixed assets22/27€8,187€8,187=
Plant, machinery and equipment23€906€906=
Furniture and vehicles24€6,742€6,742=
Other tangible fixed assets26€540€540=
Financial fixed assets28€5,000€5,000=
Current assets29/58€19,108€19,108=
Stocks and contracts in progress3€596€596=
Stocks30/36€596€596=
Cash at bank and in hand54/58€18,512€18,512=
Equity and liabilities
Total equity and liabilities10/49€32,295€32,295=
Equity10/15€4,472€4,472=
Contributions10/11€18,000€18,000=
Profit (loss) carried forward14-€13,528-€13,528=
Amounts payable17/49€27,823€27,823=
Amounts payable within one year42/48€26,923€26,923=
Trade debts44€7,842€7,842=
Suppliers440/4€7,842€7,842=
Taxes, remuneration and social security45€15,255€15,255=
Taxes450/3€9,116€9,116=
Remuneration and social security454/9€6,138€6,138=
Other amounts payable47/48€3,826€3,826=
Accrued charges and deferred income492/3€900€900=
Income statement Code20242025
Remuneration, social security and pensions62€96,451-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,334-
Other operating charges640/8€1,831-
Gross operating margin9900€109,877-
Operating profit (loss)9901€9,261-
Financial income75/76B€11-
Recurring financial income75€11-
Financial charges65/66B€0-
Recurring financial charges65€0-
Profit (loss) for the period before taxes9903€9,272-
Profit (loss) for the period9904€9,272-
Profit (loss) for the period to be appropriated9905€9,272-
Appropriation of the result
Profit (loss) to be appropriated9906-€13,528-€13,528=
Profit (loss) brought forward from the previous period14P-€22,799-€13,528▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€9,790-€87,786€96,451--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,720-€1,433€2,334--
Other operating charges640/8€1,416-€3,803€1,831--
Gross operating margin9900€27,686-€79,020€109,877--
Operating profit (loss)9901€7,760--€14,002€9,261--
Financial income75/76B€4-€1€11--
Recurring financial income75€4-€1€11--
Financial charges65/66B€2--€0--
Recurring financial charges65€2--€0--
Profit (loss) for the period before taxes9903€7,762--€14,000€9,272--
Income taxes67/77--€1,552---
Profit (loss) for the period9904€7,762--€15,553€9,272--
Profit (loss) for the period to be appropriated9905€7,762--€15,553€9,272--
Line20212022202320242025Change
Assets
Total assets20/58€58,249€58,249€23,963€32,295€32,295=
Fixed assets21/28€43,860€43,860€13,866€13,187€13,187=
Tangible fixed assets22/27€38,860€38,860€8,866€8,187€8,187=
Plant, machinery and equipment23€21,318€21,318€463€906€906=
Furniture and vehicles24€3,601€3,601€8,168€6,742€6,742=
Other tangible fixed assets26€13,942€13,942€235€540€540=
Financial fixed assets28€5,000€5,000€5,000€5,000€5,000=
Current assets29/58€14,389€14,389€10,097€19,108€19,108=
Stocks and contracts in progress3€1,072€1,072€618€596€596=
Stocks30/36€1,072€1,072€618€596€596=
Amounts receivable within one year40/41€4,059€4,059----
Other amounts receivable41€4,059€4,059----
Cash at bank and in hand54/58€9,258€9,258€9,479€18,512€18,512=
Equity and liabilities
Total equity and liabilities10/49€58,249€58,249€23,963€32,295€32,295=
Equity10/15€25,762€25,762-€4,799€4,472€4,472=
Contributions10/11€18,000€18,000€18,000€18,000€18,000=
Profit (loss) carried forward14€7,762€7,762-€22,799-€13,528-€13,528=
Amounts payable17/49€32,487€32,487€28,762€27,823€27,823=
Amounts payable within one year42/48€31,587€31,587€27,862€26,923€26,923=
Trade debts44€1,514€1,514€4,691€7,842€7,842=
Suppliers440/4€1,514€1,514€4,691€7,842€7,842=
Taxes, remuneration and social security45€8,795€8,795€20,911€15,255€15,255=
Taxes450/3€342€342€13,977€9,116€9,116=
Remuneration and social security454/9€8,453€8,453€6,934€6,138€6,138=
Other amounts payable47/48€21,278€21,278€2,260€3,826€3,826=
Accrued charges and deferred income492/3€900€900€900€900€900=
Line20212022202320242025Change
Profit (loss) for the period9904€7,762--€15,553€9,272--
+ Depreciation and write-downs630€8,720-€1,433€2,334--
Operating cash flow (approximation)€16,482--€14,120€11,606--
Investment in fixed assets (approximation)-€0€28,561-€1,656€0▲ 100%
Change in cash-€0€221€9,033€0▼ 100%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 52 days late
2025
12-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
2024
31-12
Financial Back to profitnet €9,272
Net result €9,272 after one loss-making year.
06-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 98 days late
2023
31-12
Financial Weakest financial yearnet -€15,553
Net result drops to -€15,553, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 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, Mechelen · 1 establishment unit since 2021
seat establishment approximate The establishment unit on the map
Ground area
40 m²
Building footprint
40 m²
Volume, LiDAR
456 m³
Parcel 12025B0345/00A000, Flanders · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Akira
Veemarkt 20, 2800 MechelenFull-service restaurants
since 20212.320.960.867
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12025B0345/00A000 Flanders 40 m² 1 · 40 m² 14.3 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.

Public money · subsidies and aid

Flemish government

2024 · 1 entry · 985 EUR awarded · 985 EUR paid
Year Entries awardedpaid
2024 1 985 EUR985 EUR
Schemes
1 entry · 985 EUR · 985 EUR paid · Departement Werk en Sociale Economie

Recognitions · licences · registrations

Food safety, FASFC

1 site
Mechelen2.320.960.867
1 permission
Toelating · Eetgelegenheid · since 13-09-2021

Similar companies · same sector, comparable size

Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. 4,713 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
Founded26-11-2020
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
56220Contract catering and other food service activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0758782597
Also 9925:BE0758782597
Registered 27-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.