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Kitchen Partners

Active
Private limited companyfounded 200818 years activeKortrijksesteenweg 3, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0897.990.663
Summary

Kitchen Partners has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €353,776 and a net result of €181,170. Equity is shrinking by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 14% of 10,584 sector peers (NACE 70, fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200Activities of holding companies NACE 64210
#8 employer in Sint-Martens-Latem, Professional and technical services sector1 site
Size
€4.5mtotal assets 2025
Staff
4.4 FTE
Equity
€353,776
Profit
€181,170
Turnover not published (abridged schema)
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Accounts on time0 of 1 deed read
Why 90- Equity €353,776 (7.9% of total assets)+ Size: 4.4 FTE, total assets €4.5m+ Figures for FY 2025 (filed 31-07-2026)+ Liquidity: current ratio 0.60, cash €1.0mShow the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 16% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Weak
Solvency 33-11
equity 7.9% of total assets
Liquidity 29+12
short-term debt 92.1% · cash 23.3%
Profitability 53+6
return on assets 4.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,298 companies)
Last 24 months 08-2026: 0.1%highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.6 against 0.52 in 2024; short-term debt: 92.1% and cash: 23.3% of total assets), and 92.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 15% on solvency, 12% on liquidity, 24% on profitability and 13% on growth.

The bankruptcy probability was computed on 08-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: 4.4 FTE, total assets €4.5m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Equity €353,776 (7.9% of total assets)
NBB · annual accounts
lowers risk · Figures for FY 2025 (filed 31-07-2026)
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.60, cash €1.0m
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 10584 sector peers (2025).
NBB · sector comparison
Position among 10584 sector peers
Solvency
better than 14%
← 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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
on the day
2023
30 days early
2022
48 days early
2021
2 days early
2020
17 days early
2019
12 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 31 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
08-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Equity above €500,000Eq €652,606 ▲30.5%

Key points

  • Caution: Among the weakest 14% on solvencysector median 52.7% · 10,584 companies 7.9% View
  • Caution: Equity fell in 2025from €652,606 to €353,776 ▼ 45.8% View
  • Positive: 7 profitable years in a rowprofit 2025: €181,170 7 years View
  • Positive: Always filed on timeaccounts within the deadline every year 6 years View

By topic

Financials

Fiscal year
2025
Total assets
€4.5m
Profit
€181,170
Solvency
7.9%
Total assets▲ 30.6%
Net result
20192025
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 01-07-2024Annual accounts filed
  2. 13-03-2023Annual accounts filed
  3. 28-04-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Business and other management consultancyNACE 70200
Founded
19-05-2008
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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