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KUNGA

Active
Private limited companyfounded 2025active for 1 yearMaurice Van Meenenplein 7, 1060 Sint-Gillis (bij-Brussel), BelgiumKBO/BCE: BE 1021.164.728
Summary

The computed 12-month bankruptcy probability of KUNGA is 3.4% (moderate). The 2025 annual accounts show equity of €11,387 and a net result of €10,387. Its solvency ranks better than 30% of 4,743 sector peers (NACE 56, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, abbreviated format

Equity
€11,387
Total assets
€105,162
Net result
€10,387
Working capital
-€50,213

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €105,162
Fixed assets €61,600
Current assets €43,561
Equity and liabilities €105,162
Equity €11,387
Debt €93,775
Debt finances 89.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€18,943
Cash flow
€14,717
Current ratio
0.46
Quick ratio
0.45
Debt to equity
8.24
ROE
91.2%
ROA
9.9%
Interest coverage
18.85
Debt ≤ 1 year
€93,775
Income taxes
€3,221
Staff costs
€15,178

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 2,390 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
Filed annual accounts As filed with the NBB · 2025 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€105,162
Fixed assets21/28€61,600
Intangible fixed assets21€46,233
Tangible fixed assets22/27€1,978
Plant, machinery and equipment23€1,978
Financial fixed assets28€13,390
Current assets29/58€43,561
Stocks and contracts in progress3€1,021
Stocks30/36€1,021
Amounts receivable within one year40/41€343
Other amounts receivable41€343
Cash at bank and in hand54/58€42,198
Equity and liabilities
Total equity and liabilities10/49€105,162
Equity10/15€11,387
Contributions10/11€1,000
Capital10€1,000
Issued capital100€1,000
Profit (loss) carried forward14€10,387
Amounts payable17/49€93,775
Amounts payable within one year42/48€93,775
Financial debts43€80,535
Credit institutions430/8€80,535
Trade debts44€2,620
Suppliers440/4€2,620
Taxes, remuneration and social security45€10,620
Taxes450/3€5,168
Remuneration and social security454/9€5,452
Income statement Code2025
Remuneration, social security and pensions62€15,178
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,330
Other operating charges640/8€641
Gross operating margin9900€34,762
Operating profit (loss)9901€14,613
Financial charges65/66B€1,005
Recurring financial charges65€1,005
Profit (loss) for the period before taxes9903€13,608
Income taxes67/77€3,221
Profit (loss) for the period9904€10,387
Profit (loss) for the period to be appropriated9905€10,387
Appropriation of the result
Profit (loss) to be appropriated9906€10,387

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€15,178
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,330
Other operating charges640/8€641
Gross operating margin9900€34,762
Operating profit (loss)9901€14,613
Financial charges65/66B€1,005
Recurring financial charges65€1,005
Profit (loss) for the period before taxes9903€13,608
Income taxes67/77€3,221
Profit (loss) for the period9904€10,387
Profit (loss) for the period to be appropriated9905€10,387
Line2025
Assets
Total assets20/58€105,162
Fixed assets21/28€61,600
Intangible fixed assets21€46,233
Tangible fixed assets22/27€1,978
Plant, machinery and equipment23€1,978
Financial fixed assets28€13,390
Current assets29/58€43,561
Stocks and contracts in progress3€1,021
Stocks30/36€1,021
Amounts receivable within one year40/41€343
Other amounts receivable41€343
Cash at bank and in hand54/58€42,198
Equity and liabilities
Total equity and liabilities10/49€105,162
Equity10/15€11,387
Contributions10/11€1,000
Capital10€1,000
Issued capital100€1,000
Profit (loss) carried forward14€10,387
Amounts payable17/49€93,775
Amounts payable within one year42/48€93,775
Financial debts43€80,535
Credit institutions430/8€80,535
Trade debts44€2,620
Suppliers440/4€2,620
Taxes, remuneration and social security45€10,620
Taxes450/3€5,168
Remuneration and social security454/9€5,452
Line2025
Profit (loss) for the period9904€10,387
+ Depreciation and write-downs630€4,330
Operating cash flow (approximation)€14,717

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 abbreviated format 05-06-2026 2026-00140032

Similar companies · same sector, comparable size

Of the 20,115 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,502. 7,485 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.