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KILICLAR

Active
Private limited companyfounded 1997active for 29 yearsRue de Dison 28, 4800 Verviers, BelgiumKBO/BCE: BE 0461.029.419
Summary

The computed 12-month bankruptcy probability of KILICLAR is 2.2% (moderate). The 2025 annual accounts show negative equity (-€29,038) and a net result of €24,659. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 1,845 sector peers (NACE 10, financial year 2025). The company has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Artisanal bread and fresh pastry making
NACE 10712
1 site
Size
€176,384total assets 2025
Staff
7 FTE
Equity
-€29,038
Profit
€24,659
Turnover not published (micro format)
Financial health
53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.2%
Structure
Accounts filed 29 days late0 of 4 deeds read
Why 53raises riskSector: Manufacture of food products (NACE 10)Latest accounts 29 days late; 2 of the last 3 lateNegative equity -€29,038lowers riskSize: total assets €176,384Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 49% of its sector peers (NACE 10, micro)
Financial strength · tick = 2024
Weak
Solvency 9+9
equity -16.5% of total assets
Liquidity 32-13
short-term debt 53.0% · cash 7.1%
Profitability 86-14
return on assets 14.0%
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.1% (3,074 companies, NACE 10, micro)
Last 24 months 11-2024: 1.8% 12-2024: 1.8%● unchanged vs 11-2024 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.7%▼ -0.1 percentage points vs 02-2025 04-2025: 1.7%● unchanged vs 03-2025 05-2025: 1.7%● unchanged vs 04-2025 06-2025: 1.6%▼ -0.1 percentage points vs 05-2025 07-2025: 1.7%▲ +0.1 percentage points vs 06-2025 08-2025: 2.2%▲ +0.5 percentage points vs 07-2025 09-2025: 1.3%▼ -0.9 percentage points vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.3%● unchanged vs 12-2025 02-2026: 1.3%● unchanged vs 01-2026 03-2026: 1.2%▼ -0.1 percentage points vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.1%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.3 percentage points vs 07-2026 09-2026: 2.2%▲ +0.7 percentage points vs 08-2026highest value 10-2026: 2.2%● unchanged vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.58, compared with 0.42 in 2024; short-term debt: 53% and cash: 7.1% 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 10, micro): better than 13% on solvency, 23% on liquidity, 77% on profitability and 83% on growth.

The bankruptcy probability was computed on 11-10-2026 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: Manufacture of food products (NACE 10)
KBO
raises risk · Latest accounts 29 days late; 2 of the last 3 late
NBB · filings
lowers risk · Size: total assets €176,384
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€29,038
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 1845 sector peers (2025).
NBB · sector comparison
Position among 1845 sector peers
Solvency
better than 15%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
29 days late
2024
31 days late
2023
48 days late
2022
126 days late
2021
145 days late
2020
80 days late
2019
119 days late
← 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 83 days after the deadline; the sector median (NACE 10) for financial year 2024 is 5 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 18 September (4 of the last 5 filed years within 77 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Highest result from 2018 to 2025net €146,067 ▲246%

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€29,038 View
  • Caution: Result fell in 2025from €146,067 to €24,659 ▼ 83.1% View
  • Caution: Among the weakest 13% on equitysector median €52,426 · 1,848 companies -€29,038 View

By topic

Financials

Financial year
2025
Total assets
€176,384
Profit
€24,659
Solvency
-16.5%
Total assets▼ 11.5%
Net result
20182025
Go to Financials

Timeline

Events
28
Since
2003
Next accounts
by 31-07-2027
  1. 17-09-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 04-12-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Artisanal bread and fresh pastry makingNACE 10712
Founded
16-07-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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