KOK & REL
ActiveSummary
The computed 12-month bankruptcy probability of KOK & REL is 3.4% (moderate). The 2025 annual accounts show equity of €161,439 and a net result of €32,812. Equity is growing by ~31.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 13874 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-1
Solvency90▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 2.93 against 2.2 in 2024; short-term debt: 20% and cash: 26.9% of total assets), and 35.5% of the assets are financed with debt.
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Signals
Four 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
64.5%
Return on assets
13.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
31 d late
2022
92 d late
2021
85 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 41 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 1 December (4 of the last 5 filed years within 54 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close01-10-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€161,439▲ 25.5%
2024 · €128,627
Total assets
€250,137▲ 3.7%
2024 · €241,272
Net result
€32,812▲ 1.3%
2024 · €32,399
Working capital
€96,542▲ 31.2%
2024 · €73,591
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€37,730-€51,942▲ 37.7%€29,436▼ 43.3%€47,912▲ 62.8%€52,151▲ 8.8%
Net result€29,009within the sector's middle half-€37,236above the sector's middle half▲ 28.4%€19,982above the sector's middle half▼ 46.3%€32,399above the sector's middle half▲ 62.1%€32,812above the sector's middle half▲ 1.3%
Equity€39,009within the sector's middle half-€76,246within the sector's middle half▲ 95.5%€96,228above the sector's middle half▲ 26.2%€128,627above the sector's middle half▲ 33.7%€161,439above the sector's middle half▲ 25.5%
Total assets€134,811within the sector's middle half-€173,502within the sector's middle half▲ 28.7%€179,790within the sector's middle half▲ 3.6%€241,272above the sector's middle half▲ 34.2%€250,137above the sector's middle half▲ 3.7%
Debt€95,802-€97,256▲ 1.5%€83,563▼ 14.1%€112,645▲ 34.8%€88,697▼ 21.3%
Working capital-€6,068within the sector's middle half-€24,966within the sector's middle half€48,448above the sector's middle half▲ 94.1%€73,591above the sector's middle half▲ 51.9%€96,542above the sector's middle half▲ 31.2%
Solvency28.9%within the sector's middle half-43.9%within the sector's middle half▲ 15.0pp53.5%within the sector's middle half▲ 9.6pp53.3%within the sector's middle half▼ 0.2pp64.5%above the sector's middle half▲ 11.2pp
Current ratio0.87within the sector's middle half-1.53within the sector's middle half▲ 0.672.25above the sector's middle half▲ 0.712.20above the sector's middle half▼ 0.052.93above the sector's middle half▲ 0.72
Return on assets (ROA)21.5%within the sector's middle half-21.5%above the sector's middle half▼ 0.1pp11.1%within the sector's middle half▼ 10.3pp13.4%within the sector's middle half▲ 2.3pp13.1%within the sector's middle half▼ 0.3pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €250,137
Fixed assets
€103,459 ▼ 2.9%
Current assets
€146,678 ▲ 8.9%
Equity and liabilities €250,137
Equity
€161,439 ▲ 25.5%
Debt
€88,697 ▼ 21.3%
Debt's share of the balance-sheet total falls from 46.7% to 35.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€66,600▲
2024 · €63,628
Cash flow
€47,261▼
2024 · €48,115
Debt to equity
0.55▼
2024 · 0.88
ROE
20.3%▼
2024 · 25.2%
Interest coverage
20.47▼
2024 · 27.55
Debt ≤ 1 year
€50,135▼
2024 · €61,148
Debt > 1 year
€38,401▼
2024 · €51,044
Income taxes
€16,410▲
2024 · €13,365
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,467 | €19,135 | €27,755 | €15,716 | €14,449 | ▼ 8.1% |
| Other operating charges640/8 | - | €2,086 | €1,937 | €2,523 | €2,925 | ▲ 15.9% |
| Gross operating margin9900 | €54,034 | €73,163 | €59,129 | €66,152 | €69,526 | ▲ 5.1% |
| Operating profit (loss)9901 | €37,730 | €51,942 | €29,436 | €47,912 | €52,151 | ▲ 8.8% |
| Financial income75/76B | - | €354 | €25 | €162 | €324 | ▲ 101% |
| Recurring financial income75 | €15 | €354 | €25 | €162 | €324 | ▲ 101% |
| Financial charges65/66B | - | €1,481 | €1,640 | €2,310 | €3,254 | ▲ 40.9% |
| Recurring financial charges65 | €1,105 | €1,481 | €1,640 | €2,310 | €3,254 | ▲ 40.9% |
| Profit (loss) for the period before taxes9903 | €36,639 | €50,815 | €27,821 | €45,764 | €49,222 | ▲ 7.6% |
| Income taxes67/77 | €7,630 | €13,579 | €7,839 | €13,365 | €16,410 | ▲ 22.8% |
| Profit (loss) for the period9904 | €29,009 | €37,236 | €19,982 | €32,399 | €32,812 | ▲ 1.3% |
| Profit (loss) for the period to be appropriated9905 | €29,009 | €37,236 | €19,982 | €32,399 | €32,812 | ▲ 1.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €134,811 | €173,502 | €179,790 | €241,272 | €250,137 | ▲ 3.7% |
| Formation expenses20 | €0 | - | - | - | - | - |
| Fixed assets21/28 | €94,640 | €101,807 | €92,545 | €106,534 | €103,459 | ▼ 2.9% |
| Tangible fixed assets22/27 | €94,640 | €101,807 | €92,545 | €106,534 | €103,459 | ▼ 2.9% |
| Land and buildings22 | - | - | €0 | €0 | - | - |
| Plant, machinery and equipment23 | - | €12,393 | €3,289 | €252 | €52 | ▼ 79.5% |
| Furniture and vehicles24 | - | €13,239 | €3,807 | €1,057 | €3,168 | ▲ 200% |
| Other tangible fixed assets26 | - | €76,175 | €85,449 | €105,225 | €100,240 | ▼ 4.7% |
| Current assets29/58 | €40,171 | €71,695 | €87,245 | €134,739 | €146,678 | ▲ 8.9% |
| Amounts receivable within one year40/41 | €6,430 | €12,426 | €33,391 | €55,455 | €71,762 | ▲ 29.4% |
| Trade receivables40 | - | €10,949 | €6,835 | €10,107 | €13,163 | ▲ 30.2% |
| Other amounts receivable41 | - | €1,477 | €26,556 | €45,349 | €58,599 | ▲ 29.2% |
| Cash at bank and in hand54/58 | €31,417 | €56,006 | €50,456 | €75,143 | €67,388 | ▼ 10.3% |
| Deferred charges and accrued income490/1 | - | €3,262 | €3,398 | €4,140 | €7,528 | ▲ 81.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €134,811 | €173,502 | €179,790 | €241,272 | €250,137 | ▲ 3.7% |
| Equity10/15 | €39,009 | €76,246 | €96,228 | €128,627 | €161,439 | ▲ 25.5% |
| Contributions10/11 | - | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Reserves13 | €29,009 | €66,246 | €86,228 | €118,627 | €151,439 | ▲ 27.7% |
| Distributable reserves133 | - | €66,246 | €86,228 | €118,627 | €151,439 | ▲ 27.7% |
| Profit (loss) carried forward14 | - | - | €0 | - | - | - |
| Amounts payable17/49 | €95,802 | €97,256 | €83,563 | €112,645 | €88,697 | ▼ 21.3% |
| Amounts payable after more than one year17 | €49,448 | €50,113 | €44,350 | €51,044 | €38,401 | ▼ 24.8% |
| Financial debts170/4 | - | €50,113 | €44,350 | €51,044 | €38,401 | ▼ 24.8% |
| Amounts payable within one year42/48 | €46,239 | €46,729 | €38,797 | €61,148 | €50,135 | ▼ 18.0% |
| Current portion of amounts payable after more than one year42 | - | €14,518 | €5,762 | €12,264 | €12,643 | ▲ 3.1% |
| Trade debts44 | €9,503 | €5,626 | €6,652 | €10,823 | €5,898 | ▼ 45.5% |
| Suppliers440/4 | - | €5,626 | €6,652 | €10,823 | €5,898 | ▼ 45.5% |
| Taxes, remuneration and social security45 | - | €26,585 | €26,383 | €37,694 | €31,033 | ▼ 17.7% |
| Taxes450/3 | - | €23,585 | €23,709 | €33,194 | €26,533 | ▼ 20.1% |
| Remuneration and social security454/9 | - | €3,000 | €2,674 | €4,500 | €4,500 | = |
| Other amounts payable47/48 | - | €0 | €0 | €366 | €562 | ▲ 53.6% |
| Accrued charges and deferred income492/3 | - | €415 | €415 | €454 | €161 | ▼ 64.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,009 | €37,236 | €19,982 | €32,399 | €32,812 | ▲ 1.3% |
| + Depreciation and write-downs630 | €15,467 | €19,135 | €27,755 | €15,716 | €14,449 | ▼ 8.1% |
| Operating cash flow (approximation) | €44,477 | €56,372 | €47,737 | €48,115 | €47,261 | ▼ 1.8% |
| Investment in fixed assets (approximation) | - | -€26,302 | -€18,493 | -€29,704 | -€11,374 | ▲ 61.7% |
| Change in cash | - | €24,589 | -€5,550 | €24,687 | -€7,756 | ▼ 131% |
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
Next filing, fiscal year 2026, expected by
2025
30-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Equity above €150,000Eq €161,439 ▲25.5%
5 profitable years in a row build equity to €161,439.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Equity above €100,000Eq €128,627 ▲33.7%
4 profitable years in a row build equity to €128,627.
2023
01-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
31-03
Financial
Weakest financial yearnet €19,982 ▼46.3%
Net result drops to €19,982, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
31-03
Financial
Highest result since 2021net €37,236 ▲28.4%
Net result €37,236, the highest in the series.
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 85 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Anzegem · 1 establishment unit since 2020
Ground area
1,986 m²
Building footprint
219 m²
Volume, LiDAR
1,503 m³
Parcel 34038B0387/00L000, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KOK & REL
since 20202.304.297.752
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34038B0387/00L000 | Flanders | 1,985 m² | 1 · 219 m² | 11.6 m · 2 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.
Subsidies and aid
Flemish government
2024 · 1 entry · 110 EUR awarded · 110 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 110 EUR | 110 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteAnzegem2.304.297.752
Similar companies · same sector, comparable size
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TRAITEUR DE SUTTER
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DISTRI EVENT
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BERTEMBOS
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Of 7,494 companies in this sector we hold annual accounts for 2,452. 1,842 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded03-07-2020
Fiscal year end31-03
Activities, NACEBEL 2025
56210Event catering
55204Guest rooms (bed and breakfast)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0749791885
Also
9925:BE0749791885
Registered
03-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.