KITCHENAFFAIRS
ActiveKITCHENAFFAIRS has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-321) and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 18173 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+64
Solvency24▲+12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.7 against 0.72 in 2024; short-term debt: 82.5% and cash: 13.9% of total assets), and equity is negative.
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 →
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 2025Solvency, return and age of the figures
Solvency
-0.9%
Return on assets
14.2%
Age of the figures
9 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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 18173 sector peers (2025).
NBB · sector comparisonPosition among 18173 sector peers
Solvency
better than 22%
← 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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
13 d late
2023
27 d late
2022
11 d early
2021
29 d late
2020
9 d early
2019
39 d late
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-321▲ 93.8%
2024 · €-5k
2018: €-16k
2019: €3k
2020: €-3k
2021: €-11k
2022: €-10k
2023: €-4k
2024: €-5k
2018 → 2025
Total assets
€34k▼ 12.6%
2024 · €39k
2018: €16k
2019: €43k
2020: €45k
2021: €20k
2022: €24k
2023: €45k
2024: €39k
2018 → 2025
Net result
€5k
2024 · €-1k
2018: €11k
2019: €19k
2020: €-5k
2021: €-8k
2022: €957
2023: €6k
2024: €-1k
2018 → 2025
Working capital
€-8k▼ 9.0%
2024 · €-8k
2018: €-16k
2019: €-13k
2020: €-5k
2021: €-19k
2022: €-16k
2023: €-7k
2024: €-8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-11k-€-10k▲ 8.8%€-4k▲ 63.1%€-5k▼ 39.9%€-321▲ 93.8%
Operating result€-7k-€2k€9k▲ 296%€-769€10k
Net result€-8k-€957€6k▲ 558%€-1k€5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €10k after a loss of €769 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€14k▼ 23.6%
Current assets
€20k▼ 2.3%
Key figures and ratios
EBITDA
€14k▲
2024 · €2k
Cash flow
€9k▲
2024 · €2k
Solvency
-0.9%▲
2024 · -13.3%
Current ratio
0.70▼
2024 · 0.72
Quick ratio
0.70▼
2024 · 0.72
ROA
14.2%▲
2024 · -3.8%
Interest coverage
7.79▲
2024 · 1.05
Debt
€34k▼
2024 · €44k
Debt ≤ 1 year
€28k▲
2024 · €28k
Debt > 1 year
€3k▼
2024 · €11k
Income taxes
€4k▲
2024 · €1k
Equity ratios withheld: equity of €-321 is too small for a meaningful ratio.
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€39k€34k▼
Fixed assets21/28€19k€14k▼
Tangible fixed assets22/27€19k€14k▼
Plant, machinery and equipment23€174€78▼
Furniture and vehicles24€0-
Leasing and similar rights25€19k€14k▼
Current assets29/58€20k€20k▼
Stocks and contracts in progress3€0-
Contracts in progress37€0-
Amounts receivable within one year40/41€9k€13k▲
Trade receivables40€2k€0▼
Other amounts receivable41€7k€13k▲
Current investments50/53€97€98▲
Cash at bank and in hand54/58€10k€5k▼
Deferred charges and accrued income490/1€981€2k▲
Equity and liabilities
Total equity and liabilities10/49€39k€34k▼
Equity10/15€-5k€-321▲
Contributions10/11€25k€25k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-33k€-28k▲
Amounts payable17/49€44k€34k▼
Amounts payable after more than one year17€11k€3k▼
Financial debts170/4€11k€3k▼
Amounts payable within one year42/48€28k€28k▲
Current portion of amounts payable after more than one year42€11k€8k▼
Financial debts43€808€559▼
Credit institutions430/8€808€559▼
Trade debts44€10k€14k▲
Suppliers440/4€10k€14k▲
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€6k€6k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€5k€4k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€2k€967▼
Non-recurring operating charges66A€2k€0▼
Gross operating margin9900€6k€15k▲
Operating profit (loss)9901€-769€10k▲
Financial income75/76B€3k€517▼
Recurring financial income75€52€517▲
Non-recurring financial income76B€3k€0▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-297€8k▲
Income taxes67/77€1k€4k▲
Profit (loss) for the period9904€-1k€5k▲
Profit (loss) for the period to be appropriated9905€-1k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-33k€-28k▲
Profit (loss) brought forward from the previous period14P€-31k€-33k▼
The notes to these accounts (12 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
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €957
Net result €957 after 2 loss-making years.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 39 days late
2019
31-12
Financial
Highest result since 2018net €19k ▲70.6%
Operating result €30k, net result €19k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
17-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 109 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brugge · 1 establishment unit since 2014
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.
Herdersbruggestraat 88380 BruggeGround area
396 m²
Building footprint
396 m²
Parcel 31007E0795/00S000, Flanders. Linked by address, not a title deed.
1 establishment unit
KITCHENAFFAIRS
since 20142.228.719.807
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31007E0795/00S000 | Flanders | 396 m² | 1 · 396 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.
Similar companies · same sector, comparable size
MAP'NET
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JDV PROJECTS
BE 0798.688.694
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LIMO BELGIUM SERVICES
BE 0781.942.239
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LEOSSER
BE 0680.824.291
Liège · Eq €2k
SWISS-ELECTRO
BE 0753.752.752
Wemmel · Eq €2k
Of 1,510 companies in sector 47540 we hold annual accounts for 805. 124 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-02-2014
Fiscal year end31-12
Activities, NACEBEL
47540Retail sale of electrical household appliances
47551Retail sale of household furniture
47559Retail sale of other household articles
47591Retail trade
47599Retail trade
47620Retail trade
47621Retail sale of newspapers and periodicals
58110Book publishing
82990Other business support services
85599Other education
90031Arts creation and performing arts activities
90111Literary creation
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.