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KHL

Active
Private limited companyfounded 1990active for 36 yearsWaterlelielaan 22, 8400 Oostende, BelgiumKBO/BCE: BE 0441.185.395
Summary

The computed 12-month bankruptcy probability of KHL is 3.7% (moderate). The 2026 annual accounts show negative equity (-€50,777) and a net result of -€5,731. Equity is growing by about 9.1% per year across the filed financial years. Its solvency ranks better than 5% of 158 sector peers (NACE 56, financial year 2026). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
€5,195total assets 2026
Equity
-€50,777
Loss
-€5,731
Turnover not published (micro format)
Financial health
47 Fair Checked score 2026
Bankruptcy probabilitywithin 12 months
3.7%
Structure
Accounts 145 days early1 of 3 deeds read
Why 47raises riskSector: Food and beverage service activities (NACE 56)Negative equity -€50,777Loss of €5,731 (financial year 2026)lowers riskSize: total assets €5,195Show the evidence

Checked score

Score 2026
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 15% of its sector peers (NACE 56, micro)
Financial strength · tick = 2025
Weak
Solvency 0=
equity -977.3% of total assets
Liquidity 17-33
short-term debt 1077.3% · cash 14.0%
Profitability 0-100
return on assets -110.3%
Bankruptcy probability, 12 months
3.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,759 companies, NACE 56, micro)
Last 24 months 11-2024: 0.7%lowest value 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 1.6%▲ +0.9 percentage points vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.6%● unchanged vs 03-2025 05-2025: 1.6%● unchanged vs 04-2025 06-2025: 1.6%● unchanged vs 05-2025 07-2025: 1.4%▼ -0.2 percentage points vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.8%▲ +0.4 percentage points vs 08-2025 10-2025: 1.8%● unchanged vs 09-2025 11-2025: 1.8%● unchanged vs 10-2025 12-2025: 1.8%● unchanged vs 11-2025 01-2026: 1.8%● unchanged vs 12-2025 02-2026: 1.8%● unchanged vs 01-2026 03-2026: 1.8%● unchanged vs 02-2026 04-2026: 1.8%● unchanged vs 03-2026 05-2026: 1.8%● unchanged vs 04-2026 06-2026: 1.8%● unchanged vs 05-2026 07-2026: 1.8%● unchanged vs 06-2026 08-2026: 1.8%● unchanged vs 07-2026 09-2026: 1.8%● unchanged vs 08-2026 10-2026: 3.7%▲ +1.9 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.09, compared with 0.12 in 2025, below 1; cash: 14% of total assets), and equity is negative.
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 9% on solvency, 15% on liquidity, 8% on profitability and 29% on growth.

The bankruptcy probability was computed on 17-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Negative equity -€50,777
NBB · annual accounts
lowers risk · Size: total assets €5,195
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Loss of €5,731 (financial year 2026)
NBB · annual accounts
raises risk · Negative equity
The 2026 annual accounts show negative equity and a net loss.
NBB · annual accounts 2026
Equity per financial year
1920212223242526
2019 to 2026 · latest year -€50,777
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2026 was due by 31-01-2027 and was filed on 08-09-2026, 145 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
145 days early
2025
173 days early
2024
63 days early
2023
1 day late
2022
8 days late
2021
3 days early
2020
52 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 61 days before the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 30-06-2027 and is due by 31-01-2028. Nothing is late today. The company usually files around 29 November (4 of the last 5 filed years within 82 days of that day).
Companies Code · seven months
Where today falls in the filing period
18-10-2026 today30-06-2027 year end31-01-2028 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · micro…
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Appointment: Kin Hing Liu (statutory director)Resignation: LIU,Leung King (director) ·…

Key points

  • Risk: Negative equityfinancial year 2026: debts exceed assets -€50,777 View
  • Caution: Among the weakest 5% on solvencysector median 35.4% · 158 companies -977.3% View
  • Active since 1990founded 06-07-1990 36 years View

By topic

Financials

Financial year
2026
Total assets
€5,195
Loss
-€5,731
Solvency
-977.3%
Total assets▼ 13.7%
Net result
20192026
Go to Financials

Timeline

Events
37
Since
1993
Next accounts
by 31-01-2028
  1. 29-11-2024Annual accounts filed
  2. 01-02-2024Annual accounts filed
  3. 08-02-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Full-service restaurantsNACE 56111
Founded
06-07-1990
Year ends
30-06
Peppol
Not found in the Peppol directory
Go to Company details

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