KIR
ActiveSummary
The computed 12-month bankruptcy probability of KIR is 2.0% (moderate). For KIR, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €332,439 and a net result of €147,512. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 84% of 18930 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Full-service restaurants
NACE 56111Full-service restaurants NACE 56101
#8 company by equity in Eupen, Accommodation and food service sector1 site
How big
€481,124total assets 2024
- Staff
- 16.6 FTE
- Equity
- €332,439
- Profit
- €147,512
Turnover not published (abridged schema)
Financially healthy?
- Bankruptcy chance 12 m
- 2.0%
2024 figures too old to score
Who decides
Accounts 243 d overdue0 of 7 deeds read
Signals- Higher-failure-rate sector- Higher-failure-rate region- Annual accounts: weaker financial profile- Annual accounts not filed+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability100=
Solvency94▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
69.1%
Return on assets
30.7%
Age of the figures
27 mo
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
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 243 days later.
NBB · 9 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline01-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 29-01-2025, 2 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not filed
2024
2 d early
2023
1 d early
2022
on the day
2021
on the day
2020
16 d late
2019
17 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Highest result since 2019net €147,512 ▲50.3%
- Equity above €200,000Eq €332,439 ▲79.8%
Financials
Fiscal year 2024Total assets €481,124Profit €147,512Solvency 69.1%Liquidity 2.74
Total assets
€481,124▲ 49.7%
2019 - 2024
Net result
€147,512▲ 50.3%
2019 - 2024
Equity
€332,439▲ 79.8%
2019 - 2024
Staff (FTE)
16.6▲ 12.9%
2019 - 2024
Financials · fiscal year 2024, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€85,216€45,304€141,159▲ 212%€136,884▼ 3.0%€203,251▲ 48.5%
Net result-€90,170below the sector's middle half€33,066above the sector's middle half€105,140above the sector's middle half▲ 218%€98,140above the sector's middle half▼ 6.7%€147,512above the sector's middle half▲ 50.3%
Equity-€51,418below the sector's middle half-€18,352below the sector's middle half▲ 64.3%€86,788above the sector's middle half€184,927above the sector's middle half▲ 113%€332,439above the sector's middle half▲ 79.8%
Total assets€130,533within the sector's middle half▼ 17.8%€149,819within the sector's middle half▲ 14.8%€207,468within the sector's middle half▲ 38.5%€321,499above the sector's middle half▲ 55.0%€481,124above the sector's middle half▲ 49.7%
Debt€181,952▲ 51.5%€168,171▼ 7.6%€120,680▼ 28.2%€136,572▲ 13.2%€148,684▲ 8.9%
Working capital-€106,844below the sector's middle half▼ 353%-€61,244below the sector's middle half▲ 42.7%€43,602above the sector's middle half€111,543above the sector's middle half▲ 156%€206,579above the sector's middle half▲ 85.2%
Solvency-39.4%below the sector's middle half▼ 63.8pp-12.2%below the sector's middle half▲ 27.1pp41.8%within the sector's middle half▲ 54.1pp57.5%within the sector's middle half▲ 15.7pp69.1%above the sector's middle half▲ 11.6pp
Current ratio0.32below the sector's middle half▼ 0.470.59within the sector's middle half▲ 0.271.41within the sector's middle half▲ 0.821.87within the sector's middle half▲ 0.462.74above the sector's middle half▲ 0.87
Return on assets (ROA)-69.1%below the sector's middle half▼ 72.2pp22.1%within the sector's middle half▲ 91.1pp50.7%above the sector's middle half▲ 28.6pp30.5%above the sector's middle half▼ 20.2pp30.7%above the sector's middle half▲ 0.1pp
Staff (FTE)2.8within the sector's middle half▼ 12.5%2.8=14.1▲ 404%14.7▲ 4.3%16.6▲ 12.9%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 48% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €481,124
Fixed assets
€155,733 ▲ 90.2%
Current assets
€325,391 ▲ 35.8%
Equity and liabilities €481,124
Equity
€332,439 ▲ 79.8%
Debt
€148,684 ▲ 8.9%
Debt's share of the balance-sheet total falls from 42.5% to 30.9%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€234,329▲
2023 · €159,165
Cash flow
€178,590▲
2023 · €120,421
Quick ratio
2.73▲
2023 · 1.84
Debt to equity
0.45▼
2023 · 0.74
ROE
44.4%▼
2023 · 53.1%
Interest coverage
31.49▲
2023 · 13.61
Debt ≤ 1 year
€118,812▼
2023 · €128,078
Debt > 1 year
€0▼
2023 · €8,319
Income taxes
€49,954▲
2023 · €28,407
Staff costs
€159,845▲
2023 · €107,660
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €106,804 | €107,660 | €159,845 | ▲ 48.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,594 | €19,263 | €23,004 | €22,281 | €31,078 | ▲ 39.5% |
| Other operating charges640/8 | - | - | €2,867 | €14,780 | €2,695 | ▼ 81.8% |
| Gross operating margin9900 | €65,114 | €98,239 | €273,834 | €281,605 | €396,869 | ▲ 40.9% |
| Operating profit (loss)9901 | -€85,216 | €45,304 | €141,159 | €136,884 | €203,251 | ▲ 48.5% |
| Financial income75/76B | - | - | €33 | €1,358 | €1,656 | ▲ 22.0% |
| Recurring financial income75 | €0 | €22 | €33 | €1,358 | €1,656 | ▲ 22.0% |
| Financial charges65/66B | - | - | €7,637 | €11,695 | €7,442 | ▼ 36.4% |
| Recurring financial charges65 | €4,417 | €4,759 | €7,637 | €11,695 | €7,442 | ▼ 36.4% |
| Profit (loss) for the period before taxes9903 | -€89,633 | €42,402 | €133,555 | €126,547 | €197,466 | ▲ 56.0% |
| Income taxes67/77 | €538 | €9,336 | €28,415 | €28,407 | €49,954 | ▲ 75.8% |
| Profit (loss) for the period9904 | -€90,170 | €33,066 | €105,140 | €98,140 | €147,512 | ▲ 50.3% |
| Profit (loss) for the period to be appropriated9905 | -€90,170 | €33,066 | €105,140 | €98,140 | €147,512 | ▲ 50.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €130,533 | €149,819 | €207,468 | €321,499 | €481,124 | ▲ 49.7% |
| Fixed assets21/28 | €80,093 | €61,895 | €57,745 | €81,878 | €155,733 | ▲ 90.2% |
| Tangible fixed assets22/27 | €79,321 | €61,123 | €56,973 | €81,106 | €154,961 | ▲ 91.1% |
| Land and buildings22 | - | - | €12,532 | €7,099 | €1,667 | ▼ 76.5% |
| Plant, machinery and equipment23 | - | - | €43,249 | €45,151 | €110,150 | ▲ 144% |
| Furniture and vehicles24 | - | - | €1,193 | €28,856 | €43,144 | ▲ 49.5% |
| Financial fixed assets28 | €772 | €772 | €772 | €772 | €772 | = |
| Current assets29/58 | €50,440 | €87,924 | €149,722 | €239,620 | €325,391 | ▲ 35.8% |
| Stocks and contracts in progress3 | €11,569 | €11,569 | €5,107 | €4,411 | €461 | ▼ 89.5% |
| Stocks30/36 | - | - | €5,107 | €4,411 | €461 | ▼ 89.5% |
| Amounts receivable within one year40/41 | €32,049 | €36,648 | €139,197 | €176,547 | €228,381 | ▲ 29.4% |
| Trade receivables40 | - | - | €2,452 | €259 | €2,006 | ▲ 674% |
| Other amounts receivable41 | - | - | €136,745 | €176,288 | €226,375 | ▲ 28.4% |
| Cash at bank and in hand54/58 | €6,226 | €35,757 | €0 | €57,159 | €65,021 | ▲ 13.8% |
| Deferred charges and accrued income490/1 | - | - | €5,419 | €1,503 | €31,527 | ▲ 1,997% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €130,533 | €149,819 | €207,468 | €321,499 | €481,124 | ▲ 49.7% |
| Equity10/15 | -€51,418 | -€18,352 | €86,788 | €184,927 | €332,439 | ▲ 79.8% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €15,678 | €15,678 | €80,578 | €178,578 | €326,078 | ▲ 82.6% |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Other1319 | - | - | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | €78,718 | €176,718 | €324,218 | ▲ 83.5% |
| Profit (loss) carried forward14 | -€73,297 | -€40,231 | €9 | €149 | €161 | ▲ 8.1% |
| Amounts payable17/49 | €181,952 | €168,171 | €120,680 | €136,572 | €148,684 | ▲ 8.9% |
| Amounts payable after more than one year17 | €24,668 | €19,004 | €14,560 | €8,319 | €0 | ▼ 100% |
| Financial debts170/4 | - | - | €14,560 | €8,319 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €157,284 | €149,168 | €106,120 | €128,078 | €118,812 | ▼ 7.2% |
| Current portion of amounts payable after more than one year42 | - | - | €5,898 | €6,241 | €8,319 | ▲ 33.3% |
| Financial debts43 | - | - | €17,201 | - | - | - |
| Credit institutions430/8 | - | - | €17,201 | - | - | - |
| Trade debts44 | €36,992 | €51,636 | €31,078 | €29,967 | €29,696 | ▼ 0.9% |
| Suppliers440/4 | - | - | €31,078 | €29,967 | €29,696 | ▼ 0.9% |
| Taxes, remuneration and social security45 | - | - | €51,535 | €90,895 | €79,747 | ▼ 12.3% |
| Taxes450/3 | - | - | €27,385 | €76,086 | €63,196 | ▼ 16.9% |
| Remuneration and social security454/9 | - | - | €24,150 | €14,809 | €16,552 | ▲ 11.8% |
| Other amounts payable47/48 | - | - | €408 | €975 | €1,050 | ▲ 7.7% |
| Accrued charges and deferred income492/3 | - | - | - | €175 | €29,873 | ▲ 16,950% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€90,170 | €33,066 | €105,140 | €98,140 | €147,512 | ▲ 50.3% |
| + Depreciation and write-downs630 | €19,594 | €19,263 | €23,004 | €22,281 | €31,078 | ▲ 39.5% |
| Operating cash flow (approximation) | -€70,577 | €52,329 | €128,144 | €120,421 | €178,590 | ▲ 48.3% |
| Investment in fixed assets (approximation) | - | -€1,064 | -€18,854 | -€46,414 | -€104,932 | ▼ 126% |
| Change in cash | - | €29,531 | -€35,757 | €57,159 | €7,862 | ▼ 86.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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RECREATION & LEISURE
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Of 20,517 companies in this sector we hold annual accounts for 11,468. 7,420 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
15 eventsLatest 29-01-2025
History
Acts, filings and financial milestones
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €147,512 ▲50.3%
Operating result €203,251, net result €147,512, both a record.
30-06
Financial
Equity above €200,000Eq €332,439 ▲79.8%
4 profitable years in a row build equity to €332,439.
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €150,000Eq €184,927 ▲113%
3 profitable years in a row build equity to €184,927.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Liquidity doublescurrent ratio 1.41
Current ratio from 0.59 to 1.41; short-term debt falls from €149,168 to €106,120.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €33,066
Net result €33,066 after one loss-making year.
16-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
30-06
Financial
Weakest financial yearnet -€90,170
Net result drops to -€90,170, the lowest in the series; recovery starts the following year.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 11 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 84 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 register with a recognitionFASFC 1 site
FASFC
1
authorised site
Recognitions · licences · registrations
Food safety, FASFC
1 siteEupenunit no. 2.244.395.601
Company details
Private limited company · founded 26-09-2014Year ends 30-06Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded26-09-2014
Fiscal year end30-06
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0563356697
Also
9925:BE0563356697
Registered
11-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Eupen · 1 establishment unit since 2015
Ground area
474 m²
Parcel 63023B0149/00K000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Med Company - Restaurant Mesopotamia
since 2015unit no. 2.244.395.601
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63023B0149/00K000indicative | Wallonia | 474 m² | - | - |
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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