KISHA
ActiveSummary
KISHA has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45k and a net result of €21k. Equity is growing by ~53.1% per year across the filed fiscal years. Its solvency ranks better than 52% of 1554 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▲+5
Solvency59▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.14 in 2024; short-term debt: 65.5% and cash: 60% of total assets), and 65.5% of the assets are financed with debt.
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Signals
Four 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 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← 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
34.5%
Return on assets
15.7%
Age of the figures
15 mo
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d early
2023
1 d early
2022
1 d early
2021
on the day
2020
4 d early
2019
4 d early
← 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 monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
History
Financials · fiscal year 2025, micro schema
Equity
€45k▲ 84.1%
2024 · €25k
Total assets
€131k▲ 29.2%
2024 · €102k
Net result
€21k▲ 82.8%
2024 · €11k
Working capital
€26k▲ 142%
2024 · €11k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5k€6k▲ 11.0%€1k▼ 76.4%€15k▲ 1,049%€31k▲ 109%
Net result€5k€5k▼ 1.7%€656▼ 86.1%€11k▲ 1,627%€21k▲ 82.8%
Equity€8k▲ 156%€13k▲ 59.9%€13k▲ 5.2%€25k▲ 85.3%€45k▲ 84.1%
Total assets€108k▲ 29.6%€115k▲ 6.3%€83k▼ 27.3%€102k▲ 22.2%€131k▲ 29.2%
Debt€100k▲ 24.8%€102k▲ 2.1%€70k▼ 31.4%€77k▲ 10.2%€86k▲ 11.7%
Working capital€-1k€-4k▼ 241%€-2k▲ 48.3%€11k€26k▲ 142%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 109% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €131k
Fixed assets
€20k ▲ 33.8%
Current assets
€112k ▲ 28.4%
Equity and liabilities €131k
Equity
€45k ▲ 84.1%
Debt
€86k ▲ 11.7%
Debt's share of the balance-sheet total falls from 75.8% to 65.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€37k▲
2024 · €21k
Cash flow
€27k▲
2024 · €17k
Current ratio
1.30▲
2024 · 1.14
Debt to equity
1.90▼
2024 · 3.14
ROE
45.7%▼
2024 · 46.0%
ROA
15.7%▲
2024 · 11.1%
Interest coverage
95.45▲
2024 · 22.33
Debt ≤ 1 year
€86k▲
2024 · €76k
Debt > 1 year
€0▼
2024 · €686
Income taxes
€10k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1k | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €6k | €6k | €6k | €6k | ▲ 5.3% |
| Other operating charges640/8 | - | €1k | €1k | €1k | €1k | ▲ 23.9% |
| Gross operating margin9900 | €10k | €12k | €9k | €22k | €39k | ▲ 77.5% |
| Operating profit (loss)9901 | €5k | €6k | €1k | €15k | €31k | ▲ 109% |
| Financial income75/76B | - | €1k | €81 | €2k | €284 | ▼ 86.2% |
| Recurring financial income75 | €302 | €1k | €81 | €2k | €284 | ▼ 86.2% |
| Financial charges65/66B | - | €566 | €385 | €926 | €391 | ▼ 57.8% |
| Recurring financial charges65 | €319 | €566 | €385 | €926 | €391 | ▼ 57.8% |
| Profit (loss) for the period before taxes9903 | €5k | €6k | €998 | €16k | €31k | ▲ 93.6% |
| Income taxes67/77 | €136 | €1k | €342 | €5k | €10k | ▲ 119% |
| Profit (loss) for the period9904 | €5k | €5k | €656 | €11k | €21k | ▲ 82.8% |
| Profit (loss) for the period to be appropriated9905 | €5k | €5k | €656 | €11k | €21k | ▲ 82.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €108k | €115k | €83k | €102k | €131k | ▲ 29.2% |
| Fixed assets21/28 | €22k | €26k | €20k | €15k | €20k | ▲ 33.8% |
| Intangible fixed assets21 | €100 | €100 | €100 | €100 | €100 | = |
| Tangible fixed assets22/27 | €22k | €26k | €20k | €15k | €20k | ▲ 34.1% |
| Land and buildings22 | - | €9k | €9k | €8k | €8k | ▼ 5.8% |
| Plant, machinery and equipment23 | - | €408 | €150 | €252 | €151 | ▼ 40.1% |
| Furniture and vehicles24 | - | €16k | €11k | €6k | €12k | ▲ 89.1% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €86k | €89k | €63k | €87k | €112k | ▲ 28.4% |
| Amounts receivable within one year40/41 | €40k | €31k | €35k | €30k | €33k | ▲ 11.3% |
| Trade receivables40 | - | €27k | €27k | €24k | €32k | ▲ 31.6% |
| Other amounts receivable41 | - | €4k | €8k | €6k | €1k | ▼ 74.8% |
| Cash at bank and in hand54/58 | €45k | €57k | €28k | €57k | €79k | ▲ 39.5% |
| Deferred charges and accrued income490/1 | - | €640 | €475 | €916 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €108k | €115k | €83k | €102k | €131k | ▲ 29.2% |
| Equity10/15 | €8k | €13k | €13k | €25k | €45k | ▲ 84.1% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €6k | €27k | ▲ 345% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | - | - | €4k | €25k | ▲ 499% |
| Profit (loss) carried forward14 | €-13k | €-8k | €-7k | €0 | - | - |
| Amounts payable17/49 | €100k | €102k | €70k | €77k | €86k | ▲ 11.7% |
| Amounts payable after more than one year17 | €13k | €9k | €5k | €686 | €0 | ▼ 100% |
| Financial debts170/4 | - | €9k | €5k | €686 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €87k | €93k | €65k | €76k | €86k | ▲ 12.7% |
| Current portion of amounts payable after more than one year42 | - | €4k | €4k | €4k | €686 | ▼ 83.2% |
| Financial debts43 | - | - | - | - | €337 | - |
| Credit institutions430/8 | - | - | - | - | €337 | - |
| Trade debts44 | €14k | €5k | €177 | €3k | €17k | ▲ 561% |
| Suppliers440/4 | - | €5k | €177 | €3k | €17k | ▲ 561% |
| Taxes, remuneration and social security45 | - | €216 | €216 | €4k | €5k | ▲ 44.7% |
| Taxes450/3 | - | €216 | €216 | €4k | €5k | ▲ 44.7% |
| Other amounts payable47/48 | - | €84k | €61k | €66k | €63k | ▼ 4.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €5k | €656 | €11k | €21k | ▲ 82.8% |
| + Depreciation and write-downs630 | €4k | €6k | €6k | €6k | €6k | ▲ 5.3% |
| Operating cash flow (approximation) | €9k | €11k | €7k | €17k | €27k | ▲ 56.7% |
| Investment in fixed assets (approximation) | - | €-9k | €-300 | €-303 | €-11k | ▼ 3,527% |
| Change in cash | - | €12k | €-30k | €29k | €22k | ▼ 22.2% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Highest result since 2019net €21k ▲82.8%
Operating result €31k, net result €21k, both a record.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
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
Back to profitnet €5k
Net result €5k after one loss-making year.
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series; recovery starts the following year.
27-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
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.
0 of 4 acts read
About the unread acts
We know of 4 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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Directors · office · real estate
Directors
4 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, Tremelo · 1 establishment unit since 1996
Ground area
372 m²
Building footprint
372 m²
Volume, LiDAR
1,481 m³
Parcel 24109A0313/00H000, Flanders · tallest building 7.4 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Lange Rechtestraat 40, 3120 Tremelo
since 19962.078.363.768
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24109A0313/00H000 | Flanders | 372 m² | 1 · 372 m² | 7.4 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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 siteTremelo2.078.363.768
Similar companies · same sector, comparable size
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Of 395 companies in sector 10890 we hold annual accounts for 225. 106 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-08-1996
Fiscal year end30-06
Activities, NACEBEL 2025
10890Manufacture of food products
46450Wholesale of perfume and cosmetics
10910Manufacture of food products
46212Wholesale trade
46382Wholesale trade
46389Wholesale of other food products
47621Retail sale of newspapers and periodicals
47750Retail sale of cosmetics and toilet articles
47762Retail sale of pets, pet food and pet supplies
Scores and ratios are computed by Checked and are not a credit decision.