KUMAS
ActiveSummary
KUMAS has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66k and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 61% of 27965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability7▲+4
Solvency82▼-18
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.76 against 3.8 in 2024; short-term debt: 42.9% and cash: 1.1% of total assets), and 42.9% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
+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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
57.1%
Return on assets
-9.8%
Age of the figures
18 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year €-11k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 13-12-2025, 43 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
43 d late
2024
on the day
2023
on the day
2022
3 d early
2021
30 d late
2020
30 d late
2019
49 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€66k▼ 14.6%
2024 · €77k
Total assets
€115k▲ 13.9%
2024 · €101k
Net result
€-11k▲ 10.9%
2024 · €-13k
Working capital
€38k▼ 44.4%
2024 · €68k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€6k€72k▲ 1,019%€40k▼ 44.2%€-12k€-11k▲ 9.6%
Net result€6k€63k▲ 1,000%€30k▼ 52.7%€-13k€-11k▲ 10.9%
Equity€-4k▲ 61.2%€60k€90k▲ 50.2%€77k▼ 14.1%€66k▼ 14.6%
Total assets€26k▼ 48.9%€128k▲ 397%€148k▲ 15.4%€101k▼ 31.6%€115k▲ 13.9%
Debt€29k▼ 50.8%€68k▲ 133%€58k▼ 15.0%€24k▼ 58.6%€49k▲ 105%
Working capital€-7k▲ 44.7%€55k€85k▲ 54.2%€68k▼ 20.4%€38k▼ 44.4%
Staff (FTE)1.4▼ 30.0%1.1▼ 21.4%2▲ 81.8%1.7▼ 15.0%1.5▼ 11.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €12k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115k
Fixed assets
€28k ▲ 199%
Current assets
€87k ▼ 5.2%
Equity and liabilities €115k
Equity
€66k ▼ 14.6%
Debt
€49k ▲ 105%
Debt's share of the balance-sheet total rises from 23.9% to 42.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-5k▲
2024 · €-8k
Cash flow
€-6k▲
2024 · €-9k
Current ratio
1.76▼
2024 · 3.80
Quick ratio
0.74▼
2024 · 3.80
Debt to equity
0.75▲
2024 · 0.31
ROE
-17.1%▼
2024 · -16.4%
ROA
-9.8%▲
2024 · -12.5%
Interest coverage
-2.94▲
2024 · -21.38
Debt ≤ 1 year
€49k▲
2024 · €24k
Income taxes
€172▲
2024 · €128
Staff costs
€12k▼
2024 · €39k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €40k | €74k | €39k | €12k | ▼ 70.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €3k | €4k | €4k | €6k | ▲ 50.0% |
| Other operating charges640/8 | - | €2k | €848 | €887 | €8k | ▲ 757% |
| Gross operating margin9900 | €30k | €117k | €119k | €32k | €14k | ▼ 56.4% |
| Operating profit (loss)9901 | €6k | €72k | €40k | €-12k | €-11k | ▲ 9.6% |
| Financial income75/76B | - | €103 | €2k | €91 | €2k | ▲ 1,832% |
| Recurring financial income75 | €1k | €103 | €2k | €91 | €2k | ▲ 1,832% |
| Financial charges65/66B | - | €255 | €359 | €393 | €2k | ▲ 361% |
| Recurring financial charges65 | €2k | €255 | €359 | €393 | €2k | ▲ 361% |
| Profit (loss) for the period before taxes9903 | €6k | €72k | €42k | €-12k | €-11k | ▲ 11.4% |
| Income taxes67/77 | - | €9k | €12k | €128 | €172 | ▲ 34.1% |
| Profit (loss) for the period9904 | €6k | €63k | €30k | €-13k | €-11k | ▲ 10.9% |
| Profit (loss) for the period to be appropriated9905 | €6k | €63k | €30k | €-13k | €-11k | ▲ 10.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €26k | €128k | €148k | €101k | €115k | ▲ 13.9% |
| Fixed assets21/28 | €3k | €5k | €5k | €9k | €28k | ▲ 199% |
| Tangible fixed assets22/27 | €3k | €5k | €5k | €956 | €20k | ▲ 1,963% |
| Plant, machinery and equipment23 | - | €5k | €3k | €896 | €8k | ▲ 777% |
| Furniture and vehicles24 | - | - | €2k | €60 | €12k | ▲ 19,736% |
| Financial fixed assets28 | - | - | - | €8k | €8k | = |
| Current assets29/58 | €22k | €124k | €143k | €92k | €87k | ▼ 5.2% |
| Stocks and contracts in progress3 | €4k | - | - | - | €50k | - |
| Stocks30/36 | - | - | - | - | €50k | - |
| Amounts receivable within one year40/41 | €18k | €27k | €54k | €31k | €36k | ▲ 16.1% |
| Trade receivables40 | - | €26k | €25k | €8k | €550 | ▼ 92.9% |
| Other amounts receivable41 | - | €793 | €29k | €23k | €35k | ▲ 53.1% |
| Cash at bank and in hand54/58 | €88 | €96k | €89k | €61k | €1k | ▼ 98.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €26k | €128k | €148k | €101k | €115k | ▲ 13.9% |
| Equity10/15 | €-4k | €60k | €90k | €77k | €66k | ▼ 14.6% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | - | €41k | €71k | €71k | €71k | = |
| Distributable reserves133 | - | €41k | €71k | €71k | €71k | = |
| Profit (loss) carried forward14 | €-22k | - | - | €-13k | €-24k | ▼ 89.1% |
| Amounts payable17/49 | €29k | €68k | €58k | €24k | €49k | ▲ 105% |
| Amounts payable within one year42/48 | €29k | €68k | €58k | €24k | €49k | ▲ 105% |
| Trade debts44 | €824 | €36k | €21k | €12k | €39k | ▲ 231% |
| Suppliers440/4 | - | €36k | €21k | €12k | €39k | ▲ 231% |
| Taxes, remuneration and social security45 | - | €24k | €27k | €9k | €10k | ▲ 16.5% |
| Taxes450/3 | - | €9k | €12k | €182 | €9k | ▲ 4,798% |
| Remuneration and social security454/9 | - | €15k | €16k | €8k | €1k | ▼ 87.1% |
| Other amounts payable47/48 | - | €8k | €10k | €4k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €63k | €30k | €-13k | €-11k | ▲ 10.9% |
| + Depreciation and write-downs630 | €2k | €3k | €4k | €4k | €6k | ▲ 50.0% |
| Operating cash flow (approximation) | €8k | €66k | €34k | €-9k | €-6k | ▲ 37.1% |
| Investment in fixed assets (approximation) | - | €-5k | €-4k | €-8k | €-24k | ▼ 189% |
| Change in cash | - | €96k | €-7k | €-28k | €-60k | ▼ 113% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
13-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 43 days late
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Highest result since 2019net €63k ▲1,000%
Operating result €72k, net result €63k, both a record.
31-03
Financial
Liquidity doublescurrent ratio 1.80
Current ratio from 0.76 to 1.80.
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
31-03
Financial
Back to profitnet €6k
Net result €6k after 2 loss-making years.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
31-03
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 49 days late
2018
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
10-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
6 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, Genk · 1 establishment unit since 2024
Ground area
395 m²
Building footprint
392 m²
Volume, LiDAR
2,905 m³
Parcel 71307H0002/00M156, Flanders · tallest building 14.4 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Café KOMPELS - KUMAS
since 20242.355.595.312
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71307H0002/00M156 | Flanders | 395 m² | 1 · 392 m² | 14.3 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGenk2.355.595.312
Similar companies · same sector, comparable size
AZ-RENOVATION 1950
BE 0712.611.389
Kraainem · Eq €65,784
SNELS
BE 0466.874.064
Lille · Eq €65,639
TLA VIP
BE 0658.954.652
Sint-Jans-Molenbeek · Eq €65,588
LSK
BE 0674.947.873
Hulshout · Eq €65,861
ZF ENGINEERING
BE 0804.512.258
Maasmechelen · Eq €65,956
Of 7,299 companies in sector 43350 we hold annual accounts for 2,360. 2,006 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-05-2016
Fiscal year end31-03
Activities, NACEBEL 2025
43350Other building finishing work
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47110Non-specialised retail sale with food, beverages or tobacco predominating
47260
47781Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812
49500
56111Full-service restaurants
95316Washing and cleaning of motor vehicles
Scores and ratios are computed by Checked and are not a credit decision.