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KÖKSAL 29

Active
Private limited companyfounded 201016 yrs activeGaarveldstraat 115, 3500 Hasselt, BelgiumKBO/BCE: BE 0828.729.495

KÖKSAL 29 has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €86k and a net result of €11k. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 13240 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
72 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-1
Solvency86▲+2
Growth72=
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.15 in 2024; short-term debt: 39% and cash: 26.9% of total assets), and 39% 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 riskneutral
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
Sector 56
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
61%
Return on assets
7.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 filings
Deviation from the deadline
2025
27 d late
2024
31 d late
2023
21 d late
2022
61 d early
2021
9 d late
2020
30 d late
2019
93 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Turnover
€202k▲ 13.0%
2021 · €179k
2018: €146k 2019: €158k 2020: €197k 2021: €179k
2018 → 2022
EBIT margin
4.9%▼ 3.7pp
2021 · 8.6%
2018: 0.9% 2019: 1.4% 2020: 11.6% 2021: 8.6%
2018 → 2022
Net result
€11k▼ 4.0%
2024 · €11k
2018: €895 2019: €1k 2020: €21k 2021: €12k 2022: €7k 2023: €5k 2024: €11k
2018 → 2025
Working capital
€19k▲ 132%
2024 · €8k
2018: €11k 2019: €14k 2020: €34k 2021: €47k 2022: €49k 2023: €-479 2024: €8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€179k-€202k▲ 13.0%
Equity€52k-€60k▲ 13.9%€64k▲ 8.0%€75k▲ 17.1%€86k▲ 14.0%
Operating result€15k-€10k▼ 36.2%€7k▼ 31.4%€15k▲ 117%€15k▲ 3.0%
Net result€12k-€7k▼ 38.0%€5k▼ 34.6%€11k▲ 131%€11k▼ 4.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5k€10k€15kOperating result 2021: €15k€15kNet result 2021: €12k€12kOperating result 2022: €10k€10kNet result 2022: €7k€7kOperating result 2023: €7k€7kNet result 2023: €5k€5kOperating result 2024: €15k€15kNet result 2024: €11k€11kOperating result 2025: €15k€15kNet result 2025: €11k€11k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €141k
Fixed assets €67k▼ 0.3%
Current assets €74k▲ 21.2%
Equity and liabilities €141k
Equity €86k▲ 14.0%
Debt €55k▲ 4.1%
The debt ratio falls from 41.2% to 39.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€47k
2024 · €42k
Cash flow
€42k
2024 · €38k
Solvency
61.0%
2024 · 58.8%
Current ratio
1.34
2024 · 1.15
Quick ratio
0.82
2024 · 1.05
Debt / equity
0.64
2024 · 0.70
ROE
12.3%
2024 · 14.6%
ROA
7.5%
2024 · 8.6%
Interest coverage
27.28
2024 · 105.28
Debt
€55k
2024 · €53k
Debt ≤ 1 year
€55k
2024 · €53k
Income taxes
€3k
2024 · €3k
Staff costs
€21k
2024 · €16k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€128k€141k
Fixed assets21/28€67k€67k
Tangible fixed assets22/27€67k€67k
Land and buildings22-€8k
Plant, machinery and equipment23€11k€18k
Furniture and vehicles24€40k€32k
Other tangible fixed assets26€15k€10k
Current assets29/58€61k€74k
Stocks and contracts in progress3€5k€29k
Stocks30/36€5k€29k
Amounts receivable within one year40/41€10k€7k
Trade receivables40-€5k
Other amounts receivable41€10k€3k
Cash at bank and in hand54/58€45k€38k
Equity and liabilities
Total equity and liabilities10/49€128k€141k
Equity10/15€75k€86k
Contributions10/11€6k€6k=
Reserves13€69k€80k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€67k€78k
Amounts payable17/49€53k€55k
Amounts payable within one year42/48€53k€55k
Trade debts44€2k€10k
Suppliers440/4€2k€10k
Taxes, remuneration and social security45€8k€7k
Taxes450/3€3k€3k
Remuneration and social security454/9€5k€3k
Other amounts payable47/48€43k€39k
Income statement Code20242025
Remuneration, social security and pensions62€16k€21k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€32k
Other operating charges640/8€2k€3k
Non-recurring operating charges66A€2k-
Gross operating margin9900€62k€71k
Operating profit (loss)9901€15k€15k
Financial charges65/66B€396€2k
Recurring financial charges65€396€2k
Profit (loss) for the period before taxes9903€14k€13k
Income taxes67/77€3k€3k
Profit (loss) for the period9904€11k€11k
Profit (loss) for the period to be appropriated9905€11k€11k
Appropriation of the result
Profit (loss) to be appropriated9906€11k€11k
Transfer to equity691/2€11k€11k
To other reserves6921€11k€11k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
21-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
09-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
30-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial Highest result since 2018net €21k ▲1464%
Operating result €23k, net result €21k, both a record.
01-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 93 days late
2019
31-12
Financial Liquidity triplescurrent ratio 7.16
Current ratio from 2.80 to 7.16; short-term debt falls from €6k to €2k.
04-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 4 days late
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Hasselt · 1 establishment unit since 2010
establishment The establishment unit on the map
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.

Gaarveldstraat 1153500 Hasselt
Ground area
72 m²
Building footprint
57 m²
Volume, LiDAR
518 m³
Parcel 71326F0263/00N015, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KÖKSAL 29
Gaarveldstraat 115, 3500 HasseltLimited-service restaurants
since 20102.191.369.758
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71326F0263/00N015 Flanders 72 m² 1 · 57 m² 11.0 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 site
Hasselt2.191.369.758
1 permission
Toelating · Pita-house, pita-bar · since 25-08-2010

Similar companies · same sector, comparable size

Of 20,494 companies in sector 56111 we hold annual accounts for 11,455. 9,710 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded25-08-2010
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.