KOHINOOR
ActiveKOHINOOR has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €22k and a net result of €1k. Equity is growing by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 42% of 26056 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability20▼-26
Solvency29▼-5
Growth54▼-25
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.81 against 0.53 in 2023), and 76.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 →
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 · 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
23.3%
Return on assets
1.2%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
63 d late
2023
49 d early
2022
51 d late
2021
127 d late
2020
109 d late
2019
109 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€883k▼ 14.8%
2023 · €1.04M
2018: €683k
2021: €815k
2022: €1.03M
2023: €1.04M
2018 → 2024
EBIT margin
0.6%▼ 0.5pp
2023 · 1.1%
2018: 0.3%
2021: 0.3%
2022: 1.1%
2023: 1.1%
2018 → 2024
Net result
€1k▼ 88.4%
2023 · €10k
2018: €2k
2019: €19
2020: €-19k
2021: €2k
2022: €11k
2023: €10k
2018 → 2024
Working capital
€-14k▲ 44.1%
2023 · €-24k
2018: €13k
2019: €15k
2020: €-3k
2021: €2k
2022: €11k
2023: €-24k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€815k€1.03M▲ 26.8%€1.04M▲ 0.3%€883k▼ 14.8%
Equity€-192-€2k€11k▲ 598%€21k▲ 90.3%€22k▲ 5.5%
Operating result€-19k-€2k€11k▲ 402%€11k▼ 4.1%€5k▼ 54.7%
Net result€-19k-€2k€11k▲ 507%€10k▼ 7.6%€1k▼ 88.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 55% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €93k
Fixed assets
€35k▼ 21.4%
Current assets
€58k▲ 109%
Equity and liabilities €93k
Equity
€22k▲ 5.5%
Debt
€72k▲ 37.1%
The debt ratio rises from 71.7% to 76.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€15k▲
2023 · €14k
Cash flow
€11k▼
2023 · €13k
Solvency
23.3%▼
2023 · 28.3%
Current ratio
0.81▲
2023 · 0.53
Quick ratio
0.50▲
2023 · 0.40
Debt / equity
3.29▲
2023 · 2.53
ROE
5.2%▼
2023 · 47.4%
ROA
1.2%▼
2023 · 13.4%
Interest coverage
318.91▲
2023 · 15.90
Debt
€72k▲
2023 · €52k
Debt ≤ 1 year
€72k▲
2023 · €52k
Income taxes
€4k▲
2023 · €194
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€73k€93k▲
Fixed assets21/28€45k€35k▼
Tangible fixed assets22/27€45k€35k▼
Furniture and vehicles24€45k€35k▼
Current assets29/58€28k€58k▲
Stocks and contracts in progress3€7k€22k▲
Stocks30/36€7k€22k▲
Amounts receivable within one year40/41€16k€23k▲
Trade receivables40-€23k
Other amounts receivable41€16k€59▼
Cash at bank and in hand54/58€5k€13k▲
Equity and liabilities
Total equity and liabilities10/49€73k€93k▲
Equity10/15€21k€22k▲
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Profit (loss) carried forward14€582€2k▲
Amounts payable17/49€52k€72k▲
Amounts payable within one year42/48€52k€72k▲
Financial debts43-€650
Credit institutions430/8-€650
Trade debts44€52k€12k▼
Suppliers440/4€52k€12k▼
Taxes, remuneration and social security45€726€3k▲
Taxes450/3€726€3k▲
Other amounts payable47/48-€57k
Income statement
Code20232024
Turnover70€1.04M€883k▼
Goods, raw materials, services and sundry goods60/61€1.02M€863k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€10k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€19k€20k▲
Operating profit (loss)9901€11k€5k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€888€46▼
Recurring financial charges65€888€46▼
Profit (loss) for the period before taxes9903€10k€5k▼
Income taxes67/77€194€4k▲
Profit (loss) for the period9904€10k€1k▼
Profit (loss) for the period to be appropriated9905€10k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€582€2k▲
Profit (loss) brought forward from the previous period14P€-9k€582▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 63 days late
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 51 days late
2022
31-12
Financial
Highest result since 2018net €11k ▲507%
Operating result €11k, net result €11k, both a record.
05-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 127 days late
2021
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 109 days late
2020
31-12
Financial
Weakest financial yearnet €-19k ▼104283%
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 109 days late
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 108 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
30-06-2025
Safi Zakir: Resigned as Director
24-01-2017
Shah Mazhar Hussain: Resigned as Manager
30-09-2011
Mohammad Arif XXX: Resigned as Manager
Location & real-estate footprint
Registered office, Oudenaarde · 3 establishment units since 2020
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.
Abdijstraat 589700 OudenaardeGround area
1,103 m²
Building footprint
506 m²
Volume, LiDAR
3,137 m³
2 parcels, Flanders · tallest building 13.1 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Kohinoor
since 20202.305.475.610
KOHINOOR
since 20212.322.789.021
KOHINOOR
since 20242.364.419.837
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45504A0358/00B000 | Flanders | 730 m² | 1 · 220 m² | 9.3 m · 1 fl. |
| 41081A0043/00X000 | Flanders | 373 m² | 1 · 286 m² | 13.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
3 sitesOudenaarde2.305.475.610
Oudenaarde2.322.789.021
Zottegem2.364.419.837
Similar companies · same sector, comparable size
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SAF2
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AMSA BELGIUM
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HISOYE SORO
BE 0751.536.303
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FMA
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Moorslede · Eq €22k
Of 10,409 companies in sector 47110 we hold annual accounts for 5,787. 4,164 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-05-2010
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
47252Retail sale of beverages, general range
47260Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.