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KIFAYEH

Active Private limited companyfounded 1997active for 29 yearsOsseghemstraat 249, 1080 Molenbeek-Saint-JeanKBO/BCE: BE 0460.507.597

Lifetime

20 annual accounts with figures on one time axis, 28 filings since 1998
peak €78,924 (2024)
€6,334▼ 92.0%
lowest -€26,444 (2011)
-€16,031▼ €74,170
peak €23,630 (2024)
€7,599▼ 67.8%
€277,862▼ 7.8%
Board2 names since 2019
1 director
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €78,924 to €6,334Loss of €16,031Equity from €23,630 to €7,599Cash from €9,263 to €1,196

Key points

from the 2025 annual accounts

Result

-€16,031 -€16,031
€58,1002024-€16,0002025

From profit to loss in 2025, after a profit of €58,138 in 2024.

Debts

€277,862 97% of the balance sheet
After one year 0%Within one year 100%

Of this, €277,077 falls due within a year.

Filings

28 annual accounts since 1998
AprilJune31 JulyOctober200020102020

Six of the last ten came late. The 2019 accounts came latest: 42 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 973 companies had the same profile as KIFAYEH has now. Each dot stands for 3 companies, two years later.

92.8%
were still trading
4.4%
stopped another way
2.3%
went bankrupt
  • Micro
  • 20 years or older
  • solvency under 10%
  • a small loss

Another 0.5% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 973 companies, not a prediction for KIFAYEH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0460507597
Reappointment: (director) Resignation: (manager) · Director discharge: · General meeting of 27-12-2023 · Gazette deed
Appointment: (director) General meeting of 28-09-2021 · Gazette deed
Resignation: (manager) General meeting of 30-06-2019 · Gazette deed
All 43 events

Comparable companies

same main activity, similar in size and age
Company
KIFAYEH Molenbeek-Saint-Jean €285,461 €6,334 2.7% -
EUROPEAN BIZNESS CAR'S Molenbeek-Saint-Jean €225,673 €11,220 52.2% -
M.D. CARS INTERNATIONAL Anderlecht €198,339 €9,512 32.3% -
WEMAR - CARS Hasselt €272,100 €4,653 93.9% -
G & A MOTORS Sint-Niklaas €301,763 €10,406 3.4% -
CAR.STORE Ostend €257,542 €9,939 98.8% -
AUTOPARTS LUC Aalst €185,730 €6,488 43.0% -

These companies have the same main activity as KIFAYEH: wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711). They are comparable in size and age: total assets between €186,000 and €302,000, founded between 1990 and 2003.

Official details

Source: KBO
Status
Active since 21-04-1997Normal situation
Activity
Wholesale of cars and light vans (up to 3.5 tonnes)NACE 46711and 1 other
Establishment units
2.083.762.4131080 Molenbeek-Saint-Jean, since 14-10-1997
2.301.895.9149280 Lebbeke, since 16-03-2016
Financial year end
31 December
Peppol
Reachable since 18-12-2025
Company details

Annual accounts 2025

≈ €170,000estimated
€285,461▼ 12.2%
Filing
Filed on 28-08-2026
Financials

Insights on KIFAYEH

KIFAYEH files the micro format. That format states no turnover. The gross margin fell from €7,109 in 2006 to €6,334 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KIFAYEH

What is the company number of KIFAYEH?
The company number of KIFAYEH is 0460.507.597. The VAT number is the same number with BE in front: BE 0460.507.597.
Where is KIFAYEH based?
The registered office is at Osseghemstraat 249, 1080 Molenbeek-Saint-Jean.Company details
What does KIFAYEH do?
According to the KBO register, the main activity is wholesale of cars and light vans (up to 3.5 tonnes) (NACE 46711).
What is the legal form of KIFAYEH?
KIFAYEH is a private limited company (BV).
When was KIFAYEH founded?
KIFAYEH was founded on 21-04-1997.
Is KIFAYEH still active?
Yes, KIFAYEH is an active enterprise in the KBO register.
What is the turnover of KIFAYEH?
The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €6,334 and 33 comparable companies (NACE 467). It probably lies between €67,000 and €480,000. It is a rough estimate.Financials
Is KIFAYEH profitable?
In financial year 2025, KIFAYEH made a loss of €16,031.
Where can I find the annual accounts of KIFAYEH?
KIFAYEH filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KIFAYEH due?
KIFAYEH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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