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KHANGSAR

Active Risk: moderate
Private limited companyfounded 2020active for 5 yearsVeemarkt 20, 2800 Mechelen, BelgiumKBO/BCE: BE 0758.782.597

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 21-09-2026 at the NBB all 5 filings

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

2021 to 2025, 5 financial years

The operating result for 2024 is a profit of €9,261, after a loss of €14,002 in 2023. It is the highest result since 2021.

Operating result€9,261 2024 Net result€9,272 2024

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial 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 sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
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.

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€46,480-€5,593€1,656-
Intangible fixed assets€1,100----
Financial fixed assets€5,000----
Depreciation and write-downs of the year€8,720-€1,433€2,334-

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2024 · 1 entry · €985 awarded · €985 paid
Schemes
1 entry · €985 · €985 paid · Departement Werk en Sociale Economie

Comparable companies

These companies have the same main activity as KHANGSAR: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €28,200 and €34,300, founded between 2020 and 2021.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
KHANGSAR Mechelen2020€32,295€4,472--2025
AFC MORTSEL Mortsel2021€32,025-€19,173€56,952€19,6672024
Latthée Lier2020€30,746€1,846€4,309-€7,9042025
AY-SEL Antwerpen2020€34,252€18,922€72,911€10,5302025
ABU IMRAN Antwerpen2020€29,932€14,312€7,872€1,1362025
MARNE Schoten2020€28,979-€80,570-€3,004-€4,6362025
Polemiek Herenthout2020€28,237-€4,339€70,439-€3,8392025

They were chosen from the 12,109 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines

Source: Annual accounts 2025 at the NBB, filed on 21-09-2026.

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 have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

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-
Change in cash-€0€221€9,033€0▼ 100%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (5)
Financial year Type Filed Reference Document
31-12-2025 micro format 21-09-2026 2026-00517424 NBB
31-12-2024 micro format 12-09-2025 2025-00489915 PDF
31-12-2023 micro format 06-11-2024 2024-00529350 PDF
31-12-2022 micro format 31-08-2023 2023-00392586 PDF
31-12-2021 micro format 29-08-2022 2022-20333003 PDF

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