KING SQUARE
ActiveThe computed 12-month bankruptcy probability of KING SQUARE is 3.6% (moderate). The 2025 annual accounts show equity of €40k and a net result of €4k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 62% of 13270 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-2
Solvency69▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.85 against 0.65 in 2024; short-term debt: 56.2% and cash: 14.7% of total assets), and 56.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-02-2026, 17 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
17 d late
2024
45 d early
2023
on the day
2022
365 d late
2021
317 d late
2020
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€40k▼ 8.9%
2024 · €44k
2020: €18k
2021: €20k
2022: €30k
2023: €39k
2024: €44k
2020 → 2025
Total assets
€92k▲ 5.4%
2024 · €87k
2020: €42k
2021: €55k
2022: €64k
2023: €67k
2024: €87k
2020 → 2025
Net result
€4k▼ 18.1%
2024 · €5k
2020: €-15k
2021: €2k
2022: €10k
2023: €9k
2024: €5k
2020 → 2025
Working capital
€-8k▲ 46.6%
2024 · €-15k
2020: €-21k
2021: €-18k
2022: €11k
2023: €11k
2024: €-15k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€20k-€30k▲ 52.3%€39k▲ 31.3%€44k▲ 12.6%€40k▼ 8.9%
Operating result€2k-€11k▲ 371%€8k▼ 22.9%€7k▼ 20.1%€6k▼ 6.1%
Net result€2k-€10k▲ 467%€9k▼ 8.8%€5k▼ 47.2%€4k▼ 18.1%
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 three years in a row; 2025 is 6% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €92k
Fixed assets
€48k▼ 18.4%
Current assets
€44k▲ 55.1%
Equity and liabilities €92k
Equity
€40k▼ 8.9%
Debt
€51k▲ 19.9%
The debt ratio rises from 49.3% to 56.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€13k▲
2024 · €12k
Cash flow
€11k▲
2024 · €10k
Solvency
43.8%▼
2024 · 50.7%
Current ratio
0.85▲
2024 · 0.65
Quick ratio
0.60▲
2024 · 0.30
Debt / equity
1.28▲
2024 · 0.97
ROE
10.0%▼
2024 · 11.2%
ROA
4.4%▼
2024 · 5.7%
Interest coverage
23.02▼
2024 · 24.52
Debt
€51k▲
2024 · €43k
Debt ≤ 1 year
€51k▲
2024 · €43k
Income taxes
€2k▼
2024 · €2k
Staff costs
€14k▲
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€87k€92k▲
Fixed assets21/28€59k€48k▼
Tangible fixed assets22/27€22k€21k▼
Plant, machinery and equipment23€475€4k▲
Furniture and vehicles24€1k€726▼
Other tangible fixed assets26€20k€16k▼
Financial fixed assets28€37k€27k▼
Current assets29/58€28k€44k▲
Stocks and contracts in progress3€15k€13k▼
Stocks30/36€15k€13k▼
Cash at bank and in hand54/58€5k€13k▲
Deferred charges and accrued income490/1€8k€17k▲
Equity and liabilities
Total equity and liabilities10/49€87k€92k▲
Equity10/15€44k€40k▼
Contributions10/11€33k€33k=
Profit (loss) carried forward14€11k€7k▼
Amounts payable17/49€43k€51k▲
Amounts payable within one year42/48€43k€51k▲
Current portion of amounts payable after more than one year42€1k-
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€32k€41k▲
Suppliers440/4€32k€41k▲
Taxes, remuneration and social security45€10k€8k▼
Taxes450/3€6k€1k▼
Remuneration and social security454/9€4k€7k▲
Income statement
Code20242025
Remuneration, social security and pensions62€3k€14k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€7k▲
Other operating charges640/8€2k-
Gross operating margin9900€16k€27k▲
Operating profit (loss)9901€7k€6k▼
Financial income75/76B€751€0▼
Recurring financial income75€751€0▼
Financial charges65/66B€484€557▲
Recurring financial charges65€484€557▲
Profit (loss) for the period before taxes9903€7k€6k▼
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€5k€4k▼
Profit (loss) for the period to be appropriated9905€5k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€7k▼
Profit (loss) brought forward from the previous period14P€6k€3k▼
The notes to these accounts (9 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
17-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 17 days late
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 365 days late
2022
14-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 317 days late
30-06
Financial
Highest result since 2020net €10k ▲467%
Operating result €11k, net result €10k, both a record.
30-06
Financial
Liquidity triplescurrent ratio 1.55
Current ratio from 0.50 to 1.55; short-term debt falls from €35k to €19k.
2021
30-06
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
28-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Tubize · 1 establishment unit since 2019
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.
Rue de la Soie 131480 TubizeGround area
1.1 ha
Building footprint
4,959 m²
Volume, LiDAR
62,554 m³
Parcel 25105B0347/00B005, Wallonia · tallest building 21.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
KING SQUARE
since 20192.293.441.670
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105B0347/00B005 | Wallonia | 1.1 ha | 1 · 4,959 m² | 21.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
1 siteTubize2.293.441.670
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,463 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-05-2019
Fiscal year end30-06
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.