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KING KRAB

Active
Private limited companyfounded 2025active for 1 yearPierre Bortierplein 20, 8660 De Panne, BelgiumKBO/BCE: BE 1019.844.142

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

Summary

KING KRAB has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80,437 and a net result of €118,294. Its solvency ranks better than 50% of 16,961 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Official details

KBO
Status
Active since 11-02-2025 Normal situation
Activity
Full-service restaurants NACE 56111and 1 other
Establishment unit
2.370.041.679 8660 De Panne, since 11-02-2025
Financial year end
31 December
Peppol
Reachable since 14-03-2025

Board and ownership

Board

Financial position

66 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Annual accounts 2025
Gross margin
€700,545
Turnover
≈ €1.7m
estimated
Profit
€118,294
Equity
€80,437
Total assets
€275,728
Staff
13.6 FTE
Filed on 24-07-2026, 7 days before the deadlineat the National Bank
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Founded in 2025Size: total assets €275,728lowers riskLiquidity: current ratio 1.19, cash €114,217Show the evidence

Checked score

Score 2025
66 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 73% of micro companies in food and beverage service (NACE 56)
Financial strength
Strong
Solvency 54
equity 29.2% of total assets
Liquidity 72
short-term debt 54.9% · cash 41.4%
Profitability 100
return on assets 42.9%
Bankruptcy probability within 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,780 companies, NACE 56, micro)
Last 24 months 03-2026: 3.9% 04-2026: 4.0%▲ +0.1 percentage points vs 03-2026 05-2026: 4.1%▲ +0.1 percentage points vs 04-2026 06-2026: 4.6%▲ +0.5 percentage points vs 05-2026highest value 07-2026: 4.6%● unchanged vs 06-2026highest value 08-2026: 1.4%▼ -3.2 percentage points vs 07-2026lowest value 09-2026: 1.4%● unchanged vs 08-2026 10-2026: 1.4%● unchanged vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.19, below the usual 1.5. Short-term debt is 54.9% and cash 41.4% of total assets. 70.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 50% of them on solvency, 76% on liquidity and 93% on profitability.

The bankruptcy probability was computed on 31-10-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 1.19, cash €114,217
NBB · annual accounts
raises risk · Size: total assets €275,728
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
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 24-07-2026, 7 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
7 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Key points

  • Positive: Higher net result than 95% of companies in food and beverage servicesector median €4,876 · 16,939 companies €118,294 View

Comparable companies

These companies have the same main activity as KING KRAB: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €222,000 and €316,000, founded between 2024 and 2025.

CompanyTotal assetsGross margin
KING KRAB De Panne€275,728€700,545
Toma Mate Beersel€294,368€759,861
Veelo AS Tremelo€273,943€583,238
DE KAMELEON HEULE Kortrijk€316,153€644,486
SUI-TE Fleurus€244,396€712,242
ROSTE MUIS Sint-Laureins€222,390€809,772
Hortus Turnhout€281,300€494,477
Full comparison

Documents

Annual accounts at the NBB

Articles and registers

Key facts about KING KRAB

What is the company number of KING KRAB?
The company number of KING KRAB is 1019.844.142. The VAT number is the same number with BE in front: BE 1019.844.142.
Where is KING KRAB based?
The registered office is at Pierre Bortierplein 20, 8660 De Panne.Company details
What does KING KRAB do?
According to the KBO register, the main activity is full-service restaurants (NACE 56111).
What is the legal form of KING KRAB?
The legal form of KING KRAB is Private limited company (BV).
When was KING KRAB founded?
KING KRAB was founded on 11-02-2025.
Is KING KRAB still active?
Yes, KING KRAB is an active enterprise in the KBO register.
How many employees does KING KRAB have?
KING KRAB had an average of 13.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of KING KRAB?
The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €700,545 and 41 comparable companies (NACE 56111). It probably lies between €1.4m and €2.0m.
Is KING KRAB profitable?
In financial year 2025, KING KRAB made a profit of €118,294.
Where can I find the annual accounts of KING KRAB?
KING KRAB filed 1 annual account with the National Bank of Belgium, for financial year 2025.Annual accounts at the National Bank

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