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KIRHAN

Active
Private limited company (pre-2019)founded 201412 yrs activeOude Koornmarkt 46, 2000 Antwerpen, BelgiumKBO/BCE: BE 0555.865.527
Summary

The computed 12-month bankruptcy probability of KIRHAN is 2.1% (moderate). The 2025 annual accounts show equity of €8k and a net result of €-5k. Equity is shrinking by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 37% of 13305 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
43 / 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+1
Solvency40▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.1% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.48 against 0.62 in 2024; short-term debt: 67.6% and cash: 5.2% of total assets), and 85% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
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 · 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 2025
Solvency, return and age of the figures
Solvency
15%
Return on assets
-8.6%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 12 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year €-5k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
46 d early
2024
42 d early
2023
34 d early
2022
on the day
2021
on the day
2020
44 d early
2019
24 d late
← before the deadline after the deadline →
Checked, nothing found (2)
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 months
Position in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€8k▼ 36.4%
2024 · €12k
2019: €-24k 2020: €12k 2021: €20k 2022: €20k 2023: €16k 2024: €12k
2019 → 2025
Total assets
€53k▼ 26.3%
2024 · €72k
2019: €15k 2020: €39k 2021: €28k 2022: €94k 2023: €92k 2024: €72k
2019 → 2025
Net result
€-5k▼ 29.3%
2024 · €-4k
2019: €-4k 2020: €36k 2021: €8k 2022: €34k 2023: €-4k 2024: €-4k
2019 → 2025
Working capital
€-19k▼ 41.1%
2024 · €-13k
2019: €-13k 2020: €11k 2021: €20k 2022: €17k 2023: €-9k 2024: €-13k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€20k-€20k▼ 3.2%€16k▼ 18.6%€12k▼ 22.0%€8k▼ 36.4%
Operating result€8k-€39k▲ 410%€-1k€-76▲ 93.4%€-2k▼ 2,539%
Net result€8k-€34k▲ 328%€-4k€-4k▲ 4.0%€-5k▼ 29.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €8k€8kNet result 2021: €8k€8kOperating result 2022: €39k€39kNet result 2022: €34k€34kOperating result 2023: €-1k€-1kNet result 2023: €-4k€-4kOperating result 2024: €-76€-76Net result 2024: €-4k€-4kOperating result 2025: €-2k€-2kNet result 2025: €-5k€-5k20212022202320242025€-6k€-4k€-2k€0Operating result 2023: €-1k€-1.1kNet result 2023: €-4k€-3.6kOperating result 2024: €-76€-76Net result 2024: €-4k€-3.5kOperating result 2025: €-2k€-2kNet result 2025: €-5k€-4.5k202320242025
The operating result stays negative: a loss of €2k in 2025 against €76 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53k
Fixed assets €36k ▼ 28.8%
Current assets €17k ▼ 20.4%
Equity and liabilities €53k
Equity €8k ▼ 36.4%
Debt €45k ▼ 24.2%
Debt's share of the balance-sheet total rises from 82.6% to 85.0%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€12k
2024 · €14k
Cash flow
€10k
2024 · €11k
Current ratio
0.48
2024 · 0.62
Quick ratio
0.21
2024 · 0.46
Debt to equity
5.67
2024 · 4.76
ROE
-57.2%
2024 · -28.1%
ROA
-8.6%
2024 · -4.9%
Interest coverage
5.06
2024 · 4.42
Debt ≤ 1 year
€36k
2024 · €35k
Debt > 1 year
€9k
2024 · €25k
Income taxes
€181
2024 · €186
Staff costs
€46k
2024 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet Code20242025
Assets
Total assets20/58€72k€53k
Fixed assets21/28€50k€36k
Tangible fixed assets22/27€50k€36k
Plant, machinery and equipment23€1k€763
Furniture and vehicles24€49k€35k
Current assets29/58€21k€17k
Stocks and contracts in progress3€5k€10k
Stocks30/36€5k€10k
Amounts receivable within one year40/41€2k€5k
Trade receivables40€420-
Other amounts receivable41€2k€5k
Cash at bank and in hand54/58€12k€3k
Deferred charges and accrued income490/1€2k€144
Equity and liabilities
Total equity and liabilities10/49€72k€53k
Equity10/15€12k€8k
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€4k€-140
Amounts payable17/49€59k€45k
Amounts payable after more than one year17€25k€9k
Financial debts170/4€25k€9k
Amounts payable within one year42/48€35k€36k
Current portion of amounts payable after more than one year42€15k€15k
Financial debts43-€3k
Credit institutions430/8-€3k
Trade debts44€12k€11k
Suppliers440/4€12k€11k
Taxes, remuneration and social security45€8k€6k
Taxes450/3€5k€3k
Remuneration and social security454/9€3k€3k
Income statement Code20242025
Remuneration, social security and pensions62€31k€46k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k=
Other operating charges640/8€1k€785
Gross operating margin9900€47k€60k
Operating profit (loss)9901€-76€-2k
Financial income75/76B€20€120
Recurring financial income75€20€120
Financial charges65/66B€3k€2k
Recurring financial charges65€3k€2k
Profit (loss) for the period before taxes9903€-3k€-4k
Income taxes67/77€186€181
Profit (loss) for the period9904€-4k€-5k
Profit (loss) for the period to be appropriated9905€-4k€-5k
Appropriation of the result
Profit (loss) to be appropriated9906€4k€-140
Profit (loss) brought forward from the previous period14P€8k€4k

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
16-12
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series.
2024
20-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2023
28-12
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
31-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial Liquidity triplescurrent ratio 3.65
Current ratio from 1.43 to 3.65; short-term debt falls from €27k to €8k.
2020
18-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Back to profitnet €36k
Net result €36k after one loss-making year.
30-06
Financial Liquidity triplescurrent ratio 1.43
Current ratio from 0.51 to 1.43.
24-02
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2018
28-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
19-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
28-02
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Antwerpen · 1 establishment unit since 2017
establishment The establishment unit on the map
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.

Oude Koornmarkt 462000 Antwerpen
Ground area
74 m²
Building footprint
74 m²
Volume, LiDAR
990 m³
Parcel 11804D0430/00A000, Flanders · tallest building 15.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Yadan
Oude Koornmarkt 46, 2000 AntwerpenWholesale of beverages, general range
since 20172.268.229.390
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11804D0430/00A000 Flanders 74 m² 1 · 74 m² 15.3 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 site
Antwerpen2.268.229.390
1 permission
Toelating · Eetgelegenheid · since 27-02-2018

Similar companies · same sector, comparable size

Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 6,361 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded07-07-2014
Fiscal year end30-06
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.