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KMARKT

Active Private limited companyfounded 2009active for 17 yearsKorenmarkt 5, 8870 IzegemKBO/BCE: BE 0813.218.997

Lifetime

13 annual accounts with figures on one time axis, 14 filings since 2010
peak €55,198 (2013)
-€690previous year 21 months
lowest -€13,773 (2016)
-€5,083previous year 21 months
peak €16,575 (2015)
-€13,649▼ €5,083
€55,984▲ 71.8%
peak 1.3 FTE (2014)
-not published
Board6 names since 2022
1 director
Documentsfilings and deeds
29-10-20262 days before the deadline
2026micro format
Loss of €5,083Equity from -€8,567 to -€13,649Debts from €32,595 to €55,984Investments €23,099

Key points

from the 2026 annual accounts

Equity

-€13,649
20212022202320252026

Debts exceed assets in financial year 2026.

Debts

€55,984 132% of the balance sheet
Suppliers 8%Taxes and wages 1%Other 91%

Investments

€23,099 7.5 × depreciation
20252026

Green is investment, beige is depreciation.

Liquidity

0.36 was 0.79 in 2025

Short-term debts rose from €27,795 to €55,984.

Filings

14 annual accounts since 2010
deadline2010201520202025

Two of the last ten came late. The 2021 accounts came latest: 143 days after the end of the period.

Position in the sector

-32.2%

Lower solvency than 82% of companies in food and beverage service. Sector median 35.7% · 451 companies.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,920 companies had the same profile as KMARKT has now. Each dot stands for 18 companies, two years later.

85.3%
were still trading
8.3%
stopped another way
5.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 6,920 companies, not a prediction for KMARKT. 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

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Signals

Board and ownership

Director, since 24-11-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0813218997
Resignation: (manager) General meeting of 09-04-2024 · Gazette deed
Company renamed from DE DUBBELE AREND to Kmarkt Resignations: (statutory director), (statutory director), and · Appointments: , , and · “Horeca-activiteiten omvattende onder meer: het uitbaten, inrichten, huren en verhuren van een hotel…” (deed in Dutch) · General meeting of 07-12-2023 · Gazette deed
Bankruptcy reversal Commercial Court of Ghent, Kortrijk division · Bankruptcy
All 27 events

Comparable companies

same main activity, similar in size and age
Company
KMARKT Izegem - - -32.2% -
GELATI FRATELLI Waregem - - -49.1% -
PURA VIDA Ostend - - -28.4% -
M.N.B. Forest - - 74.7% -
HET ©ONCEPT Londerzeel - - 24.5% -
CD LIFE Charleroi €3,305 - 84.6% -
JOCANAS Liège €94,871 -39.5% 14.9% -

These companies have the same main activity as KMARKT: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €35,400 and €46,900, founded between 2007 and 2010.

Official details

Source: KBO
Status
Active since 19-06-2009Normal situation
Activity
Cafés and barsNACE 56301and 1 other
Establishment unit
2.179.349.3798870 Izegem, since 01-07-2009
Financial year end
31 March
Peppol
Reachable since 01-12-2025
Company details

Annual accounts to 31-03-2026

€42,335▲ 76.2%
Filing
Filed on 29-10-2026, 2 days before the end of the filing period
Financials

Insights on KMARKT

KMARKT files the micro format. That format states no turnover. The gross margin fell from €33,758 in 2010 to -€690 in 2026.

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 KMARKT

What is the company number of KMARKT?
The company number of KMARKT is 0813.218.997. The VAT number is the same number with BE in front: BE 0813.218.997.
Where is KMARKT based?
The registered office is at Korenmarkt 5, 8870 Izegem.Company details
What does KMARKT do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of KMARKT?
KMARKT is a private limited company (BV).
When was KMARKT founded?
KMARKT was founded on 19-06-2009.
Is KMARKT still active?
Yes, KMARKT is an active enterprise in the KBO register.
What is the turnover of KMARKT?
The annual accounts for financial year 2026 state no turnover. The micro format does not require it.Financials
Is KMARKT profitable?
In financial year 2026, KMARKT made a loss of €5,083.
Where can I find the annual accounts of KMARKT?
KMARKT filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of KMARKT due?
KMARKT must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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