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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

From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette

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 4,785 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.

Overview

Overview

Official details

KBO
Status
Active since 18-03-2025 Normal situation
Activity
Full-service restaurants NACE 56111and 1 other
Establishment unit
2.372.452.427 1060 Sint-Gillis (bij-Brussel), since 18-03-2025
Financial year end
31 December
Peppol
Reachable since 29-04-2025

Board and ownership

Board

Financial position

50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.4%
Annual accounts 2025
Gross margin
€34,762
Turnover
≈ €170,000
estimated
Profit
€10,387
Equity
€11,387
Total assets
€105,162
Employees on 31-12-2025
2
Filed on 05-06-2026, 56 days before the deadline
Score breakdownraises riskFounded in 2025Sector: Food and beverage service activities (NACE 56)lowers riskLiquidity: current ratio 0.46, cash €42,198Figures for financial year 2025 (filed on 05-06-2026)Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 51% of micro companies in food and beverage service (NACE 56)
Financial strength
Average
Solvency 36
equity 10.8% of total assets
Liquidity 51
short-term debt 89.2% · cash 40.1%
Profitability 81
return on assets 9.9%
Bankruptcy probability within 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 04-2026: 7.2% 05-2026: 7.2%● unchanged vs 04-2026 06-2026: 7.4%▲ +0.2 percentage points vs 05-2026 07-2026: 7.6%▲ +0.2 percentage points vs 06-2026 08-2026: 7.8%▲ +0.2 percentage points vs 07-2026 09-2026: 8.3%▲ +0.5 percentage points vs 08-2026highest value 10-2026: 3.4%▼ -4.9 percentage points vs 09-2026lowest value 11-2026: 3.4%● unchanged vs 10-2026lowest value
Credit of up to €500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.46, below 1. Short-term debt is 89.2% and cash 40.1% of total assets. 89.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 34% of them on solvency, 52% on liquidity and 67% on profitability.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2025
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
lowers risk · Liquidity: current ratio 0.46, cash €42,198
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 05-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-06-2026, 56 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
56 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2025.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 05-06-2026 at the NBB

Turnover
≈ €170,000
Estimated: probably between €130,000 and €230,000
Total assets
€105,162
Net result
€10,387
Working capital
-€50,213

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

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's share of the balance-sheet total is 89.2%.
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

Staff

social balance sheet
Item31-12-2025
Employees at the balance-sheet date2
part-time2
in full-time equivalents0.7
On a permanent contract1
Joined2
Left0

Source: social balance sheet in the 2025 annual accounts

Investments

fixed assets acquired
Item2025
Tangible fixed assets€2,540
Intangible fixed assets€50,000
Financial fixed assets€13,390
Depreciation and write-downs of the year€4,330

Source: notes to the 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as KUNGA: full-service restaurants (NACE 56111). They are comparable in size and age: total assets between €83,900 and €120,000, founded in 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
KUNGA Sint-Gillis (bij-Brussel)2025€105,162€11,387€34,762€10,3872025
KYOTO FOOD Etterbeek2025€100,674€4,228€29,314€3,2282025
Wild Hospitality Merelbeke-Melle2025€120,155€20,211€35,643€15,2112025
Da Barone Geel2025€110,556€8,411€35,028€7,4112025
EMS Group Lanaken2025€110,812€12,406€39,423€11,4062025
GRM Brussel2025€83,912€501€34,684€5012025
CORSO ITALIA Sint-Genesius-Rode2025€93,375€37,746€41,569€27,7462025

They were chosen from the 12,110 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 2,390 companies had the same profile as KUNGA has now. Two years later, 1.2% had gone bankrupt and 96.7% were 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% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of KUNGA itself is higher: 3.4% within 12 months. It rests on far more data about KUNGA than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,390 companies, not a prediction for KUNGA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 39 lines

Source: Annual accounts 2025 at the NBB, filed on 05-06-2026.

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 have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

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

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

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

Board & ownership

Directors

Directors
1 director, no change since 2025
BIBA DUOJI
Director (not named in the articles) · appointed in the act of 20-03-2025
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 20-03-2025

Owners and capital

Shareholders

At incorporation act of 20-03-2025 ↗

Capital transactions

Capital over time
  1. 20-03-2025 Incorporation · €1,000 · 100 shares

Articles of association

Board and representation

Board ruleThese rules set how the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, 1”
“Actes réservés par loi et statuts à l'assemblée générale, chaque administrateur agissant seul accomplit actes nécessaires ou utiles à…”
“Représentation,voyages,déplacements, frais généraux”

Capital, shares and profit

Share issue ruleThe articles set how and by whom new shares are issued.
“Apport en numéraire avec émission de nouvelles actions, priorité aux actionnaires ayant déjà exercé la totalité de leur droit,jusqu’à…”

Audit, dissolution and liquidation

Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleThe articles set when and by whom the company can be dissolved.
“Formes prévues pour les modifications aux statuts, assemblée générale”
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Dissolution pour quelque cause et à quelque moment que ce soit, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments”

Articles of association, deed of 20-03-2025 (in French)

Network & group

KUNGA shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of KUNGA. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

2026
05-06
NBB filing Annual accounts filedNBB
financial year 2025 · abbreviated format
18-03
Gazette deed Registered office
Registered-office move2 points ▸
  • General meeting, 02-03-2026
  • Registered-office move, Place Maurice Van Meenen 7,1060 Saint-Gilles

Open the act in the Belgian Official Gazette

2025
20-03
Gazette deed Incorporation
Appointment: BIBA DUOJI (director) · Founder · Founding capital11 points ▸
  • Incorporation, 12-03-2025
  • Founder, BIBA DUOJI
  • Other provision, 23-02-2025
  • Other provision, “responsabilité des fondateurs en cas de faillite, capitaux propres de départ manifestement insuffisants pour mener l’activité projetée” (deed in French)
  • Founding capital, €1,000
  • Bank account, “société en formation, BE 29 36 32 5650 9264” (deed in French)
  • Registered office clause, “1070 Anderlecht, Square Frans Hals 4/0012, dépôt au greffe d'une expédition de l'acte constitutif” (deed in French)
  • Board rule, 1
  • Director appointment, BIBA DUOJI (director (not named in the articles))
  • Pre-incorporation commitments, “takeover, engagements, obligations en résultant et activités entreprises au nom et pour compte de la société en formation” (deed in French)
  • Other provision, “dépôt avant enregistrement, expéditions et extraits” (deed in French)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 18 March 2025, KUNGA was incorporated as a private limited company by one natural person, with a starting capital of €1,000.12 In 2026 the registered office moved to Saint-Gilles.3 BIBA DUOJI is director of the company, appointed in the act of 20-03-2025.2

  1. 1KBO register
  2. 2Belgian Official Gazette, 20-03-2025
  3. 3Belgian Official Gazette, 18-03-2026

Company details

Register details

Identity

KBO record
Name KUNGA in French
Enterprise number 1021.164.728
Legal form Private limited company
Status Active, normale toestand
Founded 18-03-2025
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 20-03-2025 (in French)
Name clauseThe company operates under this name according to its articles.
KUNGA
deed of 20-03-2025 (in French)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Région de Bruxelles-Capitale, pour autant que cette décision n’entraîne pas de changement en matière de régime linguistique applicable”
deed of 20-03-2025 (in French)

Registered office and establishments

Registered office Maurice Van Meenenplein 7, 1060 Sint-Gillis (bij-Brussel), Belgium
Establishments 1 establishment unit since 2025

Activities

NACEBEL 2025
56111 Full-service restaurants main activity
56112 Limited-service restaurants, excluding mobile food services
PurposeThe purpose describes the activities the company may carry out under its articles.
“La préparation et la vente à emporter de sushis et spécialités asiatiques dans un concept alliant qualité des produits et rapidité du…”
13 activities
  1. La préparation et la vente à emporter de sushis et spécialités asiatiques dans un concept alliant qualité des produits et rapidité du service
  2. L’activité de traiteur japonais et asiatique,en particulier la préparation et la vente d’aliments et de boissons ainsi que de tous services y étant associés
  3. La restauration,la vente et la préparation d’aliments et de boissons ainsi que tous services y associés
  4. La collaboration commerciale,notamment au travers de contrats de franchise,d’agence ou autres,relative à la restauration,la vente et la préparation d’aliments et de boissons et aux services y associés
  5. L'étude,le conseil,l'expertise,l'ingénierie et toutes prestations de services dans le cadre des activités décrites dans le présent objet
  6. L'achat,la vente,la rénovation,la transformation,la location de tous biens immeubles
  7. Toutes opérations généralement quelconques,commerciales,industrielles,financières,mobilières ou immobilières,ayant un rapport direct ou indirect avec son objet social ou de nature à en favoriser la réalisation et le développement
  8. Participer par voie d'apport,de souscription,cession,participation,fusion,intervention financière ou autrement dans toutes sociétés,associations et entreprises,tant en Belgique qu'à l'étranger
  9. Exercer tout mandat dans toute autre entreprise
  10. Se porter caution tant pour ses propres engagements que pour les engagements de tiers,entre autres en donnant ses biens en hypothèque ou en gage,y compris son fonds de commerce
  11. S'intéresser par voie d'association,d'apport,de fusion,d'intervention financière ou autrement dans toutes sociétés,associations ou entreprises dont l'objet est identique,analogue ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés
  12. Exercer les fonctions d’administrateur ou liquidateur dans d’autres sociétés
  13. Se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées,au sens le plus large

The full purpose is in the deed

deed of 20-03-2025 (in French)

Invoicing and payment

VAT number BE 1021.164.728
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:1021164728
Other Peppol ID 9925:BE1021164728
Registered 29-04-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 1 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June
deed of 20-03-2025 (in French)

Recognitions · licences · registrations

Food safety, FASFC

1 site
Sint-Gillisunit number 2.372.452.427
2 permissions
Authorisation · Eetgelegenheid · since 30-04-2025
Authorisation · Traiteur · since 30-04-2025

Sites & property

Location
registered office establishment The establishment unit on the map
3 companies at this address See who is registered here
1 establishment unit
KUNGA
Maurice Van Meenenplein 7, 1060 Sint-Gillis (bij-Brussel)Full-service restaurants
since 2025unit number 2.372.452.427

Buildings and parcels at the address

Ground area
151 m²
Building footprint
123 m²
Building volume
2,638 m³
Parcel 21013B0388/00X011, Brussels · tallest building 25.6 m.
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21013B0388/00X011 Brussels 151 m² 1 · 123 m² 25.6 m · 7