KONGKING
Open bankruptcyA bankruptcy procedure is open for KONGKING according to publications in the Belgian State Gazette; curator: MAIA GUTMANN LE PAIGE.
Summary
The 2024 annual accounts show negative equity (€-25k) and a net result of €-6k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-25k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
85 d late
2022
61 d late
2021
23 d early
2020
40 d late
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€93k
EBIT margin
-9.0%
Net result
€-6k▲ 41.2%
2023 · €-11k
2018: €-8k
2019: €71
2020: €6k
2021: €24k
2022: €-26k
2023: €-11k
2018 → 2024
Working capital
€-33k▲ 2.6%
2023 · €-33k
2018: €-52k
2019: €-46k
2020: €-38k
2021: €-5k
2022: €-30k
2023: €-33k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€93k
Equity€-7k-€17k€-8k€-19k▼ 125%€-25k▼ 32.7%
Operating result€7k-€25k▲ 256%€-24k€-8k▲ 64.3%€-4k▲ 52.8%
Net result€6k-€24k▲ 275%€-26k€-11k▲ 58.9%€-6k▲ 41.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2024 against €8k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €10k
Fixed assets
€7k ▼ 48.5%
Current assets
€2k ▼ 47.3%
Key figures and ratios
EBITDA
€3k▲
2023 · €-1k
Cash flow
€871▲
2023 · €-3k
Solvency
-264.0%▼
2023 · -103.0%
Current ratio
0.06▼
2023 · 0.10
Quick ratio
0.05▼
2023 · 0.10
Debt to equity
-1.38▲
2023 · -1.97
ROA
-65.0%▼
2023 · -57.2%
Interest coverage
1.39▲
2023 · -0.63
Debt
€35k▼
2023 · €37k
Debt ≤ 1 year
€35k▼
2023 · €37k
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 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€18k€10k▼
Fixed assets21/28€15k€7k▼
Intangible fixed assets21€10k€5k▼
Tangible fixed assets22/27€4k€2k▼
Plant, machinery and equipment23€1k-
Furniture and vehicles24€2k€2k▼
Other tangible fixed assets26€583-
Financial fixed assets28€950€950=
Current assets29/58€4k€2k▼
Stocks and contracts in progress3€281€195▼
Stocks30/36€281€195▼
Amounts receivable within one year40/41€505€38▼
Trade receivables40€505-
Other amounts receivable41€0€38▲
Cash at bank and in hand54/58€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€18k€10k▼
Equity10/15€-19k€-25k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-38k€-44k▼
Amounts payable17/49€37k€35k▼
Amounts payable within one year42/48€37k€35k▼
Financial debts43€350-
Credit institutions430/8€350-
Trade debts44€14k€13k▼
Suppliers440/4€14k€13k▼
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€21k€21k▲
Income statement
Code20232024
Turnover70€93k-
Goods, raw materials, services and sundry goods60/61€95k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k=
Other operating charges640/8€573€945▲
Gross operating margin9900€-789€4k▲
Operating profit (loss)9901€-8k€-4k▲
Financial income75/76B€74€1▼
Recurring financial income75€74€1▼
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-11k€-6k▲
Profit (loss) for the period9904€-11k€-6k▲
Profit (loss) for the period to be appropriated9905€-11k€-6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-38k€-44k▼
Profit (loss) brought forward from the previous period14P€-27k€-38k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · SRL KONGKING RUE DES RICHES CLAIRES 5, 1000 BRUXELLES · event 01-12-2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 85 days late
2023
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 61 days late
2022
31-12
Financial
Weakest financial yearnet €-26k ▼207%
Net result drops to €-26k, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €24k ▲275%
Operating result €25k, net result €24k, both a record.
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €71
Net result €71 after one loss-making year.
13-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 44 days late
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 2 days late
2017
04-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 35 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brussel · 1 establishment unit since 2015
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.
Rijkeklarenstraat 51000 BrusselGround area
192 m²
Building footprint
192 m²
Volume, LiDAR
3,990 m³
Parcel 21811M1009/00A002, Brussels · tallest building 24.2 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
Moka Coffee & Beer
since 20152.245.153.090
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M1009/00A002 | Brussels | 192 m² | 1 · 192 m² | 24.1 m · 7 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MAIA GUTMANN LE PAIGE RUE DE LA LOI 28,
1040 ETTERBEEK |
01-12-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrussel2.245.153.090
Similar companies · same sector, comparable size
DE PLANCK
BE 1021.769.294
Merelbeke-Melle · Eq €17,146
DEDO$
BE 0827.845.015
Châtelet · Eq €17,152
APOCALYPSE BOEUF
BE 0544.620.356
Anderlecht · Eq €17,085
Mike & Lo
BE 0802.718.649
Gembloux · Eq €17,069
Chè
BE 0760.386.166
Genk · Eq €17,181
Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 3,923 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded31-08-2015
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56302Nightclubs
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.