KINALI
ActiveThe computed 12-month bankruptcy probability of KINALI is 3.1% (moderate). The 2025 annual accounts show equity of €43k and a net result of €19k. Equity is growing by ~29.8% per year across the filed fiscal years. Its solvency ranks better than 56% of 13044 sector peers (fiscal year 2025). The company has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
61
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency55▲+21
Growth78=
Stability100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.84 against 0.58 in 2024), and 62.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+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
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
37.5%
Return on assets
16.6%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
28 d late
2023
26 d late
2022
59 d late
2021
26 d late
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€43k▲ 79.1%
2024 · €24k
2018: €-49k
2019: €-66k
2020: €-72k
2021: €-92k
2022: €-83k
2023: €-440
2024: €24k
2018 → 2025
Total assets
€114k▲ 32.1%
2024 · €86k
2018: €42k
2019: €45k
2020: €41k
2021: €52k
2022: €50k
2023: €60k
2024: €86k
2018 → 2025
Net result
€19k▼ 22.4%
2024 · €24k
2018: €-29k
2019: €-17k
2020: €-6k
2021: €-20k
2022: €9k
2023: €82k
2024: €24k
2018 → 2025
Working capital
€-11k▲ 56.1%
2024 · €-26k
2018: €-78k
2019: €-91k
2020: €-93k
2021: €-132k
2022: €-115k
2023: €-40k
2024: €-26k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-92k-€-83k▲ 9.7%€-440▲ 99.5%€24k€43k▲ 79.1%
Operating result€-22k-€9k€83k▲ 842%€40k▼ 51.9%€34k▼ 14.0%
Net result€-20k-€9k€82k▲ 824%€24k▼ 70.4%€19k▼ 22.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114k
Fixed assets
€54k▲ 8.8%
Current assets
€60k▲ 64.1%
Equity and liabilities €114k
Equity
€43k▲ 79.1%
Debt
€71k▲ 14.1%
The debt ratio falls from 72.3% to 62.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€54k▼
2024 · €55k
Cash flow
€39k▼
2024 · €39k
Solvency
37.5%▲
2024 · 27.7%
Current ratio
0.84▲
2024 · 0.58
Quick ratio
0.81▲
2024 · 0.56
Debt / equity
1.66▼
2024 · 2.61
ROE
44.2%▼
2024 · 101.8%
ROA
16.6%▼
2024 · 28.2%
Interest coverage
8.67▼
2024 · 19.11
Debt
€71k▲
2024 · €62k
Debt ≤ 1 year
€71k▲
2024 · €62k
Income taxes
€11k▼
2024 · €13k
Staff costs
€31k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€86k€114k▲
Fixed assets21/28€50k€54k▲
Tangible fixed assets22/27€50k€54k▲
Plant, machinery and equipment23€20k€29k▲
Furniture and vehicles24€27k€22k▼
Other tangible fixed assets26€3k€3k▼
Current assets29/58€36k€60k▲
Stocks and contracts in progress3€1k€2k▲
Stocks30/36€1k€2k▲
Amounts receivable within one year40/41€24k€52k▲
Trade receivables40€24k€5k▼
Other amounts receivable41€0€46k▲
Cash at bank and in hand54/58€7k€6k▼
Deferred charges and accrued income490/1€5k€536▼
Equity and liabilities
Total equity and liabilities10/49€86k€114k▲
Equity10/15€24k€43k▲
Contributions10/11€6k€6k=
Reserves13€17k€36k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€16k€34k▲
Profit (loss) carried forward14€372€796▲
Amounts payable17/49€62k€71k▲
Amounts payable within one year42/48€62k€71k▲
Trade debts44€44k€32k▼
Suppliers440/4€44k€32k▼
Advances received on contracts in progress46€4k€378▼
Taxes, remuneration and social security45€10k€12k▲
Taxes450/3€10k€9k▼
Remuneration and social security454/9€322€3k▲
Other amounts payable47/48€4k€27k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€3k€31k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€20k▲
Other operating charges640/8€1k€3k▲
Gross operating margin9900€59k€88k▲
Operating profit (loss)9901€40k€34k▼
Financial income75/76B€8€2k▲
Recurring financial income75€8€2k▲
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€37k€30k▼
Income taxes67/77€13k€11k▼
Profit (loss) for the period9904€24k€19k▼
Profit (loss) for the period to be appropriated9905€24k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€19k▲
Profit (loss) brought forward from the previous period14P€-9k€372▲
Transfer to equity691/2€16k€19k▲
To other reserves6921€16k€19k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Highest result since 2018net €82k ▲824%
Operating result €83k, net result €82k, both a record.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial
Back to profitnet €9k
Net result €9k after 4 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
KINALI Arif
CurrentDirector · since 09-04-2026
KINALI Burhan
CurrentDirector · since 09-04-2026
09-04-2026
KINALI Arif: Appointed as Director
09-04-2026
KINALI Burhan: Appointed as Director
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 2 establishment units since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Leopold II laan 1431080 Sint-Jans-MolenbeekGround area
189 m²
Building footprint
165 m²
Volume, LiDAR
3,243 m³
2 parcels, Brussels · tallest building 22.9 m, ±7 floors. Linked by address, not a title deed.
2 establishment units
AU DUC DE BRABANT
since 20092.179.720.454
NEW DUC
since 20092.190.543.080
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0105/00E006 | Brussels | 172 m² | 1 · 165 m² | 22.9 m · 7 fl. |
| 21012A0004/00G005 | Brussels | 16 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesSint-Jans-Molenbeek2.179.720.454
Sint-Jans-Molenbeek2.190.543.080
Similar companies · same sector, comparable size
KADEN
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GIOSOL'BAR
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PHARE EAST
BE 0697.827.797
Nieuwpoort · Eq €43k
JOSA
BE 0772.780.588
Tessenderlo-Ham · Eq €43k
Nowae
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Deinze · Eq €43k
Of 13,834 companies in sector 56301 we hold annual accounts for 4,807. 4,027 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-2009
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.