KLERELEM
ActiveSummary
The computed 12-month bankruptcy probability of KLERELEM is 2.3% (moderate). The 2024 annual accounts show equity of €48k and a net result of €28k. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 49% of 18936 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability81▼-3
Solvency53▲+19
Growth55=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.09 against 0.88 in 2023; short-term debt: 71.7% and cash: 44% of total assets), and 71.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
28.1%
Return on assets
16.2%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-10-2025, 91 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
91 d late
2023
33 d late
2022
60 d late
2021
61 d late
2020
198 d late
2019
32 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€358k▲ 6.5%
2023 · €336k
2021: €203klowest in 4 years
2022: €282k▲ +39.0% vs 2021
2023: €336k▲ +18.9% vs 2022
2024: €358k▲ +6.5% vs 2023highest in 4 years
2021 → 2024
EBIT margin
9.5%▲ 0.2pp
2023 · 9.3%
2021: 39.5%highest in 4 years
2022: 1.3%▼ -96.7% vs 2021lowest in 4 years
2023: 9.3%▲ +624% vs 2022
2024: 9.5%▲ +1.8% vs 2023
2021 → 2024
Net result
€28k▼ 17.2%
2023 · €34k
2018: €36k
2019: €48k▲ +32.8% vs 2018
2020: €-24k▼ -149% vs 2019lowest in 7 years
2021: €80k▲ +437% vs 2020highest in 7 years
2022: €5k▼ -94.0% vs 2021
2023: €34k▲ +607% vs 2022
2024: €28k▼ -17.2% vs 2023
2018 → 2024
Working capital
€12k
2023 · €-24k
2018: €25k
2019: €57k▲ +130% vs 2018
2020: €-5k▼ -109% vs 2019
2021: €85k▲ +1767% vs 2020
2022: €105k▲ +23.4% vs 2021highest in 7 years
2023: €-24k▼ -123% vs 2022lowest in 7 years
2024: €12k▲ +149% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€203k€282k▲ 39.0%€336k▲ 18.9%€358k▲ 6.5%
2021: €203klowest in 4 years
2022: €282k▲ +39.0% vs 2021
2023: €336k▲ +18.9% vs 2022
2024: €358k▲ +6.5% vs 2023highest in 4 years
Equity€73k-€152k▲ 109%€156k▲ 3.1%€20k▼ 86.9%€48k▲ 136%
2020: €73k
2021: €152k▲ +109% vs 2020
2022: €156k▲ +3.1% vs 2021highest in 5 years
2023: €20k▼ -86.9% vs 2022lowest in 5 years
2024: €48k▲ +136% vs 2023
Operating result€-13k-€80k€4k▼ 95.5%€31k▲ 761%€34k▲ 8.5%
2020: €-13klowest in 5 years
2021: €80k▲ +736% vs 2020highest in 5 years
2022: €4k▼ -95.5% vs 2021
2023: €31k▲ +761% vs 2022
2024: €34k▲ +8.5% vs 2023
Net result€-24k-€80k€5k▼ 94.0%€34k▲ 607%€28k▼ 17.2%
2020: €-24klowest in 5 years
2021: €80k▲ +437% vs 2020highest in 5 years
2022: €5k▼ -94.0% vs 2021
2023: €34k▲ +607% vs 2022
2024: €28k▼ -17.2% vs 2023
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 8% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €172k
Fixed assets
€37k ▼ 16.3%
Current assets
€135k ▼ 21.4%
Equity and liabilities €172k
Equity
€48k ▲ 136%
Debt
€124k ▼ 36.8%
Debt's share of the balance-sheet total falls from 90.5% to 71.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▼
2023 · €48k
Cash flow
€35k▼
2023 · €50k
Current ratio
1.09▲
2023 · 0.88
Quick ratio
1.01▲
2023 · 0.83
Debt to equity
2.56▼
2023 · 9.57
ROE
57.7%▼
2023 · 164.9%
ROA
16.2%▲
2023 · 15.6%
Interest coverage
79.50▲
2023 · 72.10
Debt ≤ 1 year
€123k▼
2023 · €196k
Income taxes
€15k▲
2023 · €-3k
Staff costs
€92k▲
2023 · €84k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 57 lines
Balance sheet
Code20232024
Assets
Total assets20/58€216k€172k▼
Fixed assets21/28€44k€37k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€44k€37k▼
Plant, machinery and equipment23€3k€6k▲
Furniture and vehicles24€7k€3k▼
Other tangible fixed assets26€34k€28k▼
Financial fixed assets28€60€60=
Current assets29/58€172k€135k▼
Stocks and contracts in progress3€10k€10k▲
Stocks30/36€10k€10k▲
Amounts receivable within one year40/41€25k€49k▲
Trade receivables40€24k€47k▲
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€123k€76k▼
Deferred charges and accrued income490/1€14k€339▼
Equity and liabilities
Total equity and liabilities10/49€216k€172k▼
Equity10/15€20k€48k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€0-
Profit (loss) carried forward14€0€28k▲
Amounts payable17/49€196k€124k▼
Amounts payable within one year42/48€196k€123k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€30k€50k▲
Suppliers440/4€30k€50k▲
Taxes, remuneration and social security45€22k€27k▲
Taxes450/3€12k€18k▲
Remuneration and social security454/9€10k€9k▼
Other amounts payable47/48€144k€46k▼
Accrued charges and deferred income492/3€0€453▲
Income statement
Code20232024
Turnover70€336k€358k▲
Non-recurring operating income76A-€1
Goods, raw materials, services and sundry goods60/61€203k€219k▲
Remuneration, social security and pensions62€84k€92k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€7k▼
Other operating charges640/8€4k€16k▲
Non-recurring operating charges66A€11-
Gross operating margin9900€136k€149k▲
Operating profit (loss)9901€31k€34k▲
Financial income75/76B€10€10k▲
Recurring financial income75€10€10k▲
Financial charges65/66B€660€1k▲
Recurring financial charges65€660€516▼
Non-recurring financial charges66B-€739
Profit (loss) for the period before taxes9903€31k€43k▲
Income taxes67/77€-3k€15k▲
Profit (loss) for the period9904€34k€28k▼
Profit (loss) for the period to be appropriated9905€34k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€111k€28k▼
Profit (loss) brought forward from the previous period14P€77k-
Transfer from equity791/2€65k-
Profit to be distributed694/7€176k-
Return on contributions (dividend)694€176k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €203k | €282k | €336k | €358k | ▲ 6.5% |
| Non-recurring operating income76A | - | €455 | - | - | €1 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €129k | €186k | €203k | €219k | ▲ 7.6% |
| Remuneration, social security and pensions62 | - | €37k | €86k | €84k | €92k | ▲ 8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €19k | €18k | €16k | €7k | ▼ 56.5% |
| Other operating charges640/8 | - | €4k | €4k | €4k | €16k | ▲ 298% |
| Non-recurring operating charges66A | - | - | €5 | €11 | - | - |
| Gross operating margin9900 | €45k | €140k | €111k | €136k | €149k | ▲ 9.6% |
| Operating profit (loss)9901 | €-13k | €80k | €4k | €31k | €34k | ▲ 8.5% |
| Financial income75/76B | - | €314 | €33 | €10 | €10k | ▲ 103,256% |
| Recurring financial income75 | €0 | €314 | €33 | €10 | €10k | ▲ 103,256% |
| Financial charges65/66B | - | €731 | €790 | €660 | €1k | ▲ 90.2% |
| Recurring financial charges65 | €644 | €731 | €790 | €660 | €516 | ▼ 21.8% |
| Non-recurring financial charges66B | - | - | - | - | €739 | - |
| Profit (loss) for the period before taxes9903 | €-13k | €80k | €3k | €31k | €43k | ▲ 40.1% |
| Income taxes67/77 | €10k | €272 | €-2k | €-3k | €15k | ▲ 587% |
| Profit (loss) for the period9904 | €-24k | €80k | €5k | €34k | €28k | ▼ 17.2% |
| Profit (loss) for the period to be appropriated9905 | €-24k | €80k | €5k | €34k | €28k | ▼ 17.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €155k | €310k | €434k | €216k | €172k | ▼ 20.4% |
| Fixed assets21/28 | €85k | €68k | €52k | €44k | €37k | ▼ 16.3% |
| Intangible fixed assets21 | €3k | €2k | €510 | €0 | €0 | - |
| Tangible fixed assets22/27 | €82k | €66k | €52k | €44k | €37k | ▼ 16.3% |
| Plant, machinery and equipment23 | - | - | - | €3k | €6k | ▲ 75.0% |
| Furniture and vehicles24 | - | €23k | €12k | €7k | €3k | ▼ 55.7% |
| Other tangible fixed assets26 | - | €43k | €39k | €34k | €28k | ▼ 16.4% |
| Financial fixed assets28 | €60 | €60 | €60 | €60 | €60 | = |
| Current assets29/58 | €69k | €242k | €381k | €172k | €135k | ▼ 21.4% |
| Stocks and contracts in progress3 | €10k | €13k | €13k | €10k | €10k | ▲ 2.2% |
| Stocks30/36 | - | €13k | €13k | €10k | €10k | ▲ 2.2% |
| Amounts receivable within one year40/41 | €30k | €110k | €245k | €25k | €49k | ▲ 93.9% |
| Trade receivables40 | - | €109k | €234k | €24k | €47k | ▲ 98.8% |
| Other amounts receivable41 | - | €2k | €11k | €2k | €2k | ▲ 20.5% |
| Cash at bank and in hand54/58 | €29k | €118k | €123k | €123k | €76k | ▼ 38.4% |
| Deferred charges and accrued income490/1 | - | €830 | €679 | €14k | €339 | ▼ 97.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €155k | €310k | €434k | €216k | €172k | ▼ 20.4% |
| Equity10/15 | €73k | €152k | €156k | €20k | €48k | ▲ 136% |
| Contributions10/11 | - | €12k | €12k | €19k | €19k | = |
| Reserves13 | €67k | €67k | €67k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €65k | €65k | €0 | - | - |
| Profit (loss) carried forward14 | €-7k | €72k | €77k | €0 | €28k | - |
| Amounts payable17/49 | €82k | €159k | €277k | €196k | €124k | ▼ 36.8% |
| Amounts payable after more than one year17 | €8k | €1k | €0 | - | - | - |
| Financial debts170/4 | - | €1k | €0 | - | - | - |
| Amounts payable within one year42/48 | €74k | €157k | €277k | €196k | €123k | ▼ 37.0% |
| Current portion of amounts payable after more than one year42 | - | €16k | €10k | €0 | - | - |
| Trade debts44 | €39k | €123k | €249k | €30k | €50k | ▲ 68.4% |
| Suppliers440/4 | - | €123k | €249k | €30k | €50k | ▲ 68.4% |
| Taxes, remuneration and social security45 | - | €17k | €16k | €22k | €27k | ▲ 25.8% |
| Taxes450/3 | - | €13k | €6k | €12k | €18k | ▲ 52.1% |
| Remuneration and social security454/9 | - | €4k | €10k | €10k | €9k | ▼ 7.2% |
| Other amounts payable47/48 | - | €1k | €1k | €144k | €46k | ▼ 68.2% |
| Accrued charges and deferred income492/3 | - | €38 | €354 | €0 | €453 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-24k | €80k | €5k | €34k | €28k | ▼ 17.2% |
| + Depreciation and write-downs630 | €17k | €19k | €18k | €16k | €7k | ▼ 56.5% |
| Operating cash flow (approximation) | €-7k | €99k | €23k | €50k | €35k | ▼ 30.0% |
| Investment in fixed assets (approximation) | - | €-1k | €-2k | €-9k | €154 | ▲ 102% |
| Change in cash | - | €89k | €4k | €466 | €-47k | ▼ 10,253% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 91 days late
2024
02-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 33 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
14-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 198 days late
2021
31-12
Financial
Back to profitnet €80k
Net result €80k after one loss-making year.
31-12
Financial
Equity above €150kEq €152k ▲109%
Equity rises from €73k to €152k.
2020
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
01-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 32 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
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, Liège · 1 establishment unit since 2018
Ground area
103 m²
Building footprint
97 m²
Volume, LiDAR
818 m³
Parcel 62113B0240/00T002, Wallonia · tallest building 13.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KERELEM
since 20182.276.450.636
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62113B0240/00T002 | Wallonia | 103 m² | 1 · 97 m² | 13.9 m · 3 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 siteLiège2.276.450.636
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Of 14,009 companies in sector 56301 we hold annual accounts for 4,892. 4,061 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
Founded18-05-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Scores and ratios are computed by Checked and are not a credit decision.