KISADO
ActiveKISADO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22k and a net result of €89k. Equity is growing by ~38.2% per year across the filed fiscal years. Its solvency ranks better than 17% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+3
Solvency32=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.03 against 1.1 in 2024; short-term debt: 93.5% and cash: 56.5% of total assets), and 93.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Sector 47
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
6.5%
Return on assets
26.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 10345 sector peers (2025).
NBB · sector comparisonPosition among 10345 sector peers
Solvency
better than 17%
← weakest
strongest →
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 08-07-2026, 23 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
23 d early
2024
21 d early
2023
19 d early
2022
8 d late
2021
31 d late
2020
30 d early
2019
14 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€22k▼ 32.0%
2024 · €33k
2018: €-10k
2019: €32k
2020: €48k
2021: €63k
2022: €81k
2023: €114k
2024: €33k
2018 → 2025
Total assets
€342k▼ 29.3%
2024 · €483k
2018: €229k
2019: €255k
2020: €203k
2021: €82k
2022: €311k
2023: €384k
2024: €483k
2018 → 2025
Net result
€89k▼ 18.0%
2024 · €109k
2018: €-41k
2019: €42k
2020: €16k
2021: €15k
2022: €18k
2023: €32k
2024: €109k
2018 → 2025
Working capital
€10k▼ 76.7%
2024 · €41k
2018: €-10k
2019: €32k
2020: €46k
2021: €62k
2022: €68k
2023: €101k
2024: €41k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€63k-€81k▲ 29.1%€114k▲ 39.5%€33k▼ 71.2%€22k▼ 32.0%
Operating result€17k-€19k▲ 10.5%€31k▲ 65.3%€133k▲ 335%€110k▼ 17.8%
Net result€15k-€18k▲ 20.2%€32k▲ 75.5%€109k▲ 239%€89k▼ 18.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €342k
Fixed assets
€13k▼ 16.8%
Current assets
€329k▼ 29.7%
Equity and liabilities €342k
Equity
€22k▼ 32.0%
Debt
€319k▼ 29.1%
The debt ratio rises from 93.2% to 93.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€113k▼
2024 · €135k
Cash flow
€93k▼
2024 · €111k
Solvency
6.5%▼
2024 · 6.8%
Current ratio
1.03▼
2024 · 1.10
Quick ratio
0.70▼
2024 · 0.86
Debt / equity
14.33▲
2024 · 13.74
ROE
401.4%▲
2024 · 332.6%
ROA
26.2%▲
2024 · 22.6%
Interest coverage
81.20▲
2024 · 7.10
Debt
€319k▼
2024 · €451k
Debt ≤ 1 year
€319k▼
2024 · €427k
Income taxes
€29k▲
2024 · €5k
Staff costs
€570k▲
2024 · €521k
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€483k€342k▼
Fixed assets21/28€15k€13k▼
Tangible fixed assets22/27€15k€13k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€15k€13k▼
Current assets29/58€468k€329k▼
Stocks and contracts in progress3€103k€107k▲
Stocks30/36€103k€107k▲
Amounts receivable within one year40/41€21k€26k▲
Trade receivables40€8k€15k▲
Other amounts receivable41€13k€11k▼
Cash at bank and in hand54/58€341k€193k▼
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€483k€342k▼
Equity10/15€33k€22k▼
Contributions10/11€20k€19k▼
Reserves13-€2k
Distributable reserves133-€2k
Profit (loss) carried forward14€12k€2k▼
Amounts payable17/49€451k€319k▼
Amounts payable within one year42/48€427k€319k▼
Trade debts44€177k€153k▼
Suppliers440/4€177k€153k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€60k€67k▲
Taxes450/3€5k€14k▲
Remuneration and social security454/9€54k€52k▼
Other amounts payable47/48€190k€100k▼
Accrued charges and deferred income492/3€24k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€521k€570k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€658k€685k▲
Operating profit (loss)9901€133k€110k▼
Financial income75/76B€275€11k▲
Recurring financial income75€275€11k▲
Financial charges65/66B€19k€1k▼
Recurring financial charges65€19k€1k▼
Profit (loss) for the period before taxes9903€115k€119k▲
Income taxes67/77€5k€29k▲
Profit (loss) for the period9904€109k€89k▼
Profit (loss) for the period to be appropriated9905€109k€89k▼
Appropriation of the result
Profit (loss) to be appropriated9906€202k€102k▼
Profit (loss) brought forward from the previous period14P€93k€12k▼
Profit to be distributed694/7€190k€100k▼
Return on contributions (dividend)694€190k€100k▼
Social balance
Average headcount (FTE)908716.214.2▼
The notes to these accounts (7 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
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €109k ▲239%
Operating result €133k, net result €109k, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €100kEq €114k ▲39.5%
5 profitable years in a row build equity to €114k.
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 8 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 4.24
Current ratio from 1.30 to 4.24; short-term debt falls from €156k to €19k.
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Hasselt · 1 establishment unit since 2006
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.
Hasseltsesteenweg 253720 HasseltGround area
4,478 m²
Building footprint
618 m²
Parcel 73040C0621/00C002, Flanders. Linked by address, not a title deed.
1 establishment unit
Kisado
since 20062.154.865.292
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73040C0621/00C002 | Flanders | 4,477 m² | 1 · 617 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 67,947 EUR awarded · 67,947 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 7,293 EUR | 7,293 EUR |
| 2024 | 1 | 20,460 EUR | 20,460 EUR |
| 2023 | 1 | 28,188 EUR | 28,188 EUR |
| 2022 | 1 | 12,006 EUR | 12,006 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Premie kwalificerend werkplekleren
Recognitions · licences · registrations
Food safety, FASFC
1 siteHasselt2.154.865.292
Dual-learning approval
2 live approvals · 4 endedMedewerker fastfood (vwo)
Medewerker fastfood duaal (so)
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Cabasse - Cookings
BE 0803.829.397
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DESIGN 4 FOODSERVICE
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SAHBO
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HISOYE SORO
BE 0751.536.303
Sint-Truiden · Eq €22k
ERCOBAN
BE 0860.939.237
Gent · Eq €23k
Of 2,477 companies in sector 47279 we hold annual accounts for 950. 716 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-06-2006
Fiscal year end31-12
Activities, NACEBEL
47279Other retail sale of food
47299Retail trade
47300Retail sale of automotive fuel
95316Washing and cleaning of motor vehicles
47241Retail sale of bread and pastry (bakery outlets)
47252Retail sale of beverages, general range
47260Retail trade
47271Retail trade
47291Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
52240
52250Logistics services
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:011/376713
Fax:011/376713