Equity
-€43,828
Debts exceed assets in financial year 2025.
KIZAR
Lifetime
1 annual account with figurespeak -€32,504 (2025)
-€32,504
lowest -€53,828 (2025)
-€53,828
peak -€43,828 (2025)
-€43,828
€56,781
Board3 names since 2024
1 directorKIZAR MEHMET SELIM
Documentsfilings and deeds
03-09-202634 days late
2025micro format
Loss of €53,828Transfer of 100 shares from KIZAR MEHMEТ SELIM to AKYOL SELMAN 29-12First year with figures
Key points
from the 2025 annual accountsDebts
€56,781 438% of the balance sheet
Financial debts 43%Suppliers 52%Taxes and wages 2%Other 4%
Position in the sector
-338.4%
Lower solvency than 95% of companies in retail trade. Sector median 33.1% · 22,924 companies.
2025 accounts filed 34 days after the deadlineTurnover not published (micro format)
Checked score
48
Fair
Financially stronger than 10% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,277 companies (NACE 47, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
08-2025: 1.8%lowest value
09-2025: 1.8%● unchanged vs 08-2025lowest value
10-2025: 1.9%▲ +0.1 percentage points vs 09-2025
11-2025: 2.2%▲ +0.3 percentage points vs 10-2025
12-2025: 2.3%▲ +0.1 percentage points vs 11-2025
01-2026: 2.6%▲ +0.3 percentage points vs 12-2025
02-2026: 2.6%● unchanged vs 01-2026
03-2026: 2.9%▲ +0.3 percentage points vs 02-2026
04-2026: 2.9%● unchanged vs 03-2026
05-2026: 2.8%▼ -0.1 percentage points vs 04-2026
06-2026: 3.0%▲ +0.2 percentage points vs 05-2026
07-2026: 3.2%▲ +0.2 percentage points vs 06-2026
08-2026: 3.2%● unchanged vs 07-2026highest value
09-2026: 3.2%● unchanged vs 08-2026highest value
10-2026: 2.9%▼ -0.3 percentage points vs 09-2026
11-2026: 2.9%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Founded in 2024
Negative equity -€43,828
Last filed accounts filed 34 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €12,953
Calculation
The band follows from the bankruptcy probability. 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 47, micro). It does better than 6% of them on solvency, 16% on liquidity and 6% on profitability.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 7,639 companies had the same profile as KIZAR has now. Each dot stands for 20 companies, two years later.
84.7%
were still trading
5.6%
stopped another way
8.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of KIZAR itself: 2.9% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for KIZAR. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.23, below 1. Short-term debt is 438.4% and cash 13.8% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · 2025 accounts filed 34 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-09-2026, 34 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
34 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Transfer of 100 shares from KIZAR MEHMEТ SELIM to AKYOL SELMAN
Appointment: AKYOL SELMAN (director) · Resignation: KIZAR MEHMEТ SELIM (director) · AKYOL SELMAN holds 100 shares · General meeting of 11-12-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1011907958
First establishment
Grimbergsesteenweg 168, Grimbergen
Incorporation
Founding capital of €10,000, 100 shares · Founder: KIZAR Mehmet Selim (comparant) · Appointment: KIZAR Mehmet Selim (director) · published on 26-07-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KIZAR Grimbergen | - | - | -338.4% | - |
| Inkbiegel Oudsbergen | - | - | 66.3% | - |
| FUMET INSOLITE Sprimont | €25,711 | 16.1% | 66.6% | - |
| BJDV Courcelles | €79,878 | -15.9% | -116.9% | - |
| James & Co Retie | - | - | 16.0% | - |
| BSROTILUX Soumagne | - | - | 7.8% | - |
| BOUCHERIE LUCIE ET FRANCOIS Houyet | - | - | 17.6% | - |
These companies have the same main activity as KIZAR: retail trade (NACE 47222). They are comparable in size and age: total assets between €18,800 and €105,000, founded between 2017 and 2024.
Official details
Source: KBO- Status
- Active since 24-07-2024Normal situation
- Activity
- Retail tradeNACE 47222and 2 others
- Establishment unit
- 2.362.182.1071853 Grimbergen, since 02-09-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 11-06-2025
Insights on KIZAR
The computed 12-month bankruptcy probability of KIZAR is 2.9% (moderate). The 2025 annual accounts show negative equity (-€43,828) and a net result of -€53,828.
Its solvency ranks better than 5% of 22,924 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KIZAR
- What is the company number of KIZAR?
- The company number of KIZAR is 1011.907.958. The VAT number is the same number with BE in front: BE 1011.907.958.
- Where is KIZAR based?
- The registered office is at Grimbergsesteenweg 168, 1853 Grimbergen.Company details
- What does KIZAR do?
- According to the KBO register, the main activity is retail trade (NACE 47222).
- What is the legal form of KIZAR?
- KIZAR is a private limited company (BV).
- When was KIZAR founded?
- KIZAR was founded on 24-07-2024.
- Is KIZAR still active?
- Yes, KIZAR is an active enterprise in the KBO register.
- What is the turnover of KIZAR?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is KIZAR profitable?
- In financial year 2025, KIZAR made a loss of €53,828.
- Where can I find the annual accounts of KIZAR?
- KIZAR filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark Estimate what this company is worth.Value indication
See how customers, suppliers and banks see your own company and what to improve first.