Kunli
ActiveSummary
The computed 12-month bankruptcy probability of Kunli is 5.3% (elevated). The 2025 annual accounts show equity of €4,923 and a net result of €10,655. Its solvency ranks better than 27% of 17,021 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 08-06-2023 Normal situation
- Activity
- Limited-service restaurants, excluding mobile food services NACE 56112
- Joint committee
- 302 Paritair Comité voor het hotelbedrijf · annual accounts 30-06-2024
- Establishment unit
- 2.345.913.326 9240 Zele, since 08-06-2023
- Financial year end
- 30 June
- Peppol
- Reachable since 02-12-2025
Board and ownership
Board
- Xu XiaoliDirector · since 08-06-2023
- GONGDING NIMA KundenDirector
Shareholders
- XU Xiaoli50 sharesact of 12-06-2023
- GONGDING NIMA Kunden50 sharesact of 12-06-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 5.3%
Annual accounts to 30-06-2025
- Gross margin
- €81,473
- ▼ 42.3%
- Turnover
- ≈ €300,000
- estimated
- Profit
- €10,655
- Equity
- €4,923
- Total assets
- €573,218
- ▼ 2.6%
- Employees on 30-06-2025
- 4
- ▼ 50.0%
Score breakdownraises riskFounded in 20231 change of registered office in 24 monthsSector: Food and beverage service activities (NACE 56)lowers riskSize: total assets €573,218Show the evidence
Checked score
Score 2025
38
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 49% of micro companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency
26+2
equity 0.9% of total assets
Liquidity
46+3
short-term debt 19.5% · cash 1.9%
Profitability
45+25
return on assets 1.9%
Bankruptcy probability within 12 months
5.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.9%
01-2025: 3.1%▼ -1.8 percentage points vs 12-2024
02-2025: 3.1%● unchanged vs 01-2025
03-2025: 3.1%● unchanged vs 02-2025
04-2025: 3.1%● unchanged vs 03-2025
05-2025: 3.1%● unchanged vs 04-2025
06-2025: 3.1%● unchanged vs 05-2025
07-2025: 3.1%● unchanged vs 06-2025
08-2025: 3.1%● unchanged vs 07-2025
09-2025: 3.1%● unchanged vs 08-2025
10-2025: 3.1%● unchanged vs 09-2025
11-2025: 3.2%▲ +0.1 percentage points vs 10-2025
12-2025: 3.2%● unchanged vs 11-2025
01-2026: 2.0%▼ -1.2 percentage points vs 12-2025lowest value
02-2026: 2.0%● unchanged vs 01-2026lowest value
03-2026: 2.0%● unchanged vs 02-2026lowest value
04-2026: 2.0%● unchanged vs 03-2026lowest value
05-2026: 2.0%● unchanged vs 04-2026lowest value
06-2026: 2.0%● unchanged vs 05-2026lowest value
07-2026: 3.3%▲ +1.3 percentage points vs 06-2026
08-2026: 3.3%● unchanged vs 07-2026
09-2026: 3.4%▲ +0.1 percentage points vs 08-2026
10-2026: 5.3%▲ +1.9 percentage points vs 09-2026highest value
11-2026: 5.3%● unchanged vs 10-2026highest value
No publishable credit limit, so credit only on tighter terms
Liquidity is insufficient, with a current ratio of 0.13 (0.05 in 2024), below 1. Short-term debt is 19.5% and cash 1.9% of total assets. 99.1% 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 26% of them on solvency, 42% on liquidity, 33% on profitability and 94% on growth.
The bankruptcy probability was computed on 04-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-12-2025, 50 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
50 days early
2024
59 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 2 accounts on average 55 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end04-11-2026 today31-01-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 12-12-2025 PDF all 2 filings
Turnover
≈ €300,000
Estimated: probably between €220,000 and €360,000
Total assets
€573,218▼ 2.6%
2024 · €588,444
Net result
€10,655
2024 · -€15,732
Working capital
-€97,099▲ 22.7%
2024 · -€125,620
Multi-year overview
2024 to 2025, 2 financial yearsOperating result
€35,280
2025
20242025
Net result
€10,655
2025
middle half of the sector
20242025
Equity
€4,923
2025
middle half of the sector
20242025
Total assets
€573,218
▼ 2.6%
2025
highest quarter of the sector
20242025
Debt
€568,294
▼ 4.4%
2025
20242025
Working capital
-€97,099
▲ 22.7%
2025
lowest quarter of the sector
20242025
Solvency
0.9%
▲ 1.8pp
2025
middle half of the sector
20242025
Current ratio
0.13
▲ 0.08
2025
lowest quarter of the sector
20242025
Return on assets (ROA)
1.9%
▲ 4.5pp
2025
middle half of the sector
20242025
Staff (FTE)
4
▼ 42.9%
2025
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20242025
Operating result-€12,426-€35,280
Net result-€15,732below the sector's middle half-€10,655within the sector's middle half
Equity-€5,732below the sector's middle half-€4,923within the sector's middle half
Total assets€588,444above the sector's middle half-€573,218above the sector's middle half▼ 2.6%
Debt€594,176-€568,294▼ 4.4%
Working capital-€125,620below the sector's middle half--€97,099below the sector's middle half▲ 22.7%
Solvency-1.0%within the sector's middle half-0.9%within the sector's middle half▲ 1.8pp
Current ratio0.05below the sector's middle half-0.13below the sector's middle half▲ 0.08
Return on assets (ROA)-2.7%within the sector's middle half-1.9%within the sector's middle half▲ 4.5pp
Staff (FTE)7-4▼ 42.9%
above
within
below
The sector band is the middle half of the companies in Food and beverage service activities (NACE 56). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a profit of €35,280, after a loss of €12,426 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €573,218
Fixed assets
€558,556 ▼ 4.0%
Current assets
€14,662 ▲ 122%
Equity and liabilities €573,218
Equity
€4,923
Debt
€568,294
Debt's share of the balance-sheet total is 99.1%.
Key figures and ratios
EBITDA
€70,162▲
2024 · €1,555
Cash flow
€45,537▲
2024 · -€1,751
Quick ratio
0.10▲
2024 · 0.03
ROE
216.4%
Interest coverage
2.87▲
2024 · 0.50
Debt ≤ 1 year
€111,761▼
2024 · €132,230
Debt > 1 year
€447,856▼
2024 · €461,945
Income taxes
€215▲
2024 · €187
Staff costs
€9,145▼
2024 · €67,077
A ratio outside any meaningful range has been withheld (balance sheet total €573,218, equity €4,923).
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 30-06-2024 | 30-06-2025 |
|---|---|---|
| Employees at the balance-sheet date | 8 | 4 |
| full-time | 2 | - |
| part-time | 6 | 4 |
| in full-time equivalents | 7 | 3.7 |
| Average over the year, in full-time equivalents | 7 | 3.7 |
| On a permanent contract | 8 | 4 |
| Joined | 16 | 0 |
| Left | 11 | 4 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 30-06-2024 | 30-06-2025 |
|---|---|---|
| Tangible fixed assets | €585,815 | €11,604 |
| Intangible fixed assets | €10,000 | - |
| Depreciation and write-downs of the year | €13,981 | €34,882 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €67,077 | €9,145 | ▼ 86.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,981 | €34,882 | ▲ 150% |
| Other operating charges640/8 | €72,462 | €2,166 | ▼ 97.0% |
| Gross operating margin9900 | €141,093 | €81,473 | ▼ 42.3% |
| Operating profit (loss)9901 | -€12,426 | €35,280 | - |
| Financial charges65/66B | €3,119 | €24,409 | ▲ 683% |
| Recurring financial charges65 | €3,119 | €24,409 | ▲ 683% |
| Profit (loss) for the period before taxes9903 | -€15,545 | €10,871 | - |
| Income taxes67/77 | €187 | €215 | ▲ 15.1% |
| Profit (loss) for the period9904 | -€15,732 | €10,655 | - |
| Profit (loss) for the period to be appropriated9905 | -€15,732 | €10,655 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €588,444 | €573,218 | ▼ 2.6% |
| Fixed assets21/28 | €581,834 | €558,556 | ▼ 4.0% |
| Intangible fixed assets21 | €9,049 | €8,049 | ▼ 11.1% |
| Tangible fixed assets22/27 | €572,785 | €550,507 | ▼ 3.9% |
| Land and buildings22 | €527,944 | €506,444 | ▼ 4.1% |
| Plant, machinery and equipment23 | €44,841 | €44,063 | ▼ 1.7% |
| Current assets29/58 | €6,610 | €14,662 | ▲ 122% |
| Stocks and contracts in progress3 | €2,163 | €3,081 | ▲ 42.4% |
| Stocks30/36 | €2,163 | €3,081 | ▲ 42.4% |
| Cash at bank and in hand54/58 | €2,020 | €10,675 | ▲ 428% |
| Deferred charges and accrued income490/1 | €2,427 | €907 | ▼ 62.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €588,444 | €573,218 | ▼ 2.6% |
| Equity10/15 | -€5,732 | €4,923 | - |
| Contributions10/11 | €10,000 | €10,000 | = |
| Profit (loss) carried forward14 | -€15,732 | -€5,077 | ▲ 67.7% |
| Amounts payable17/49 | €594,176 | €568,294 | ▼ 4.4% |
| Amounts payable after more than one year17 | €461,945 | €447,856 | ▼ 3.1% |
| Financial debts170/4 | €461,945 | €447,856 | ▼ 3.1% |
| Amounts payable within one year42/48 | €132,230 | €111,761 | ▼ 15.5% |
| Current portion of amounts payable after more than one year42 | €21,387 | €24,656 | ▲ 15.3% |
| Financial debts43 | €10,985 | - | - |
| Credit institutions430/8 | €10,985 | - | - |
| Trade debts44 | €10,016 | €6,447 | ▼ 35.6% |
| Suppliers440/4 | €10,016 | €6,447 | ▼ 35.6% |
| Taxes, remuneration and social security45 | €4,723 | €7,858 | ▲ 66.4% |
| Taxes450/3 | €1,850 | €3,008 | ▲ 62.5% |
| Remuneration and social security454/9 | €2,873 | €4,850 | ▲ 68.8% |
| Other amounts payable47/48 | €85,118 | €72,801 | ▼ 14.5% |
| Accrued charges and deferred income492/3 | - | €8,678 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€15,732 | €10,655 | - |
| + Depreciation and write-downs630 | €13,981 | €34,882 | ▲ 150% |
| Operating cash flow (approximation) | -€1,751 | €45,537 | - |
| Investment in fixed assets (approximation) | - | -€11,604 | - |
| Change in cash | - | €8,654 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,135 companies had the same profile as Kunli has now. Two years later, 92.0% were still going and 5.2% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency under 10%
- a profit under 5% of the balance sheet
92.0%
was still going
2.3%
stopped otherwise
5.2%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Kunli itself: 5.3% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 2,135 companies, not a prediction for Kunli. 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.
Board & ownership
Directors
Directors
2 directors, no change since June 2023
Current
GONGDING NIMA Kunden
Current
Director (not named in the articles) · appointed in the act of 12-06-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 12-12-2025
Owners and capital
Shareholders
At incorporation
act of 12-06-2023 ↗
- XU Xiaoli 50 shares (50%) · €5,000 in cash
- GONGDING NIMA Kunden 50 shares (50%) · €5,000 in cash
Capital transactions
Capital over time
- 12-06-2023 Incorporation · 100 shares
Mandate history
2 people, 2 in office
- Board
| Name | Functions and periods |
|---|---|
| Xu Xiaoli |
|
| GONGDING NIMA Kunden |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Vermelde prijs in oorspronkelijke bekendmaking of bij betwisting door deskundige, helft overdrager helft koper(s) naar evenredigheid aantal…”
- Share issue ruleThe articles set how and by whom new shares are issued.
- “Ten minste vijftien dagen te rekenen van dag openstelling intekening, aan alle bestaande aandeelhouders naar verhouding van deelname in…”
Articles of association, deed of 12-06-2023 (in Dutch)
Network & group
Kunli shares no director with another company.
Companies at the same address
1 other companyConnections & network
2 current directorsThe network starts from the directors of Kunli. 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
Deadline for the 2026 accounts:
2026
15-06
Gazette deed
Registered office moved from Bocholt to ZeleNew seat: Kouterstraat 109, 9240 Zele · Previous seat: Brugstraat 1 bus A, 3950 Bocholt2 points ▸
Gazette deed
Registered office moved from Bocholt to Zele
New seat: Kouterstraat 109, 9240 Zele · Previous seat: Brugstraat 1 bus A, 3950 Bocholt2 points ▸
- General meeting, 27-05-2026
- Registered-office move, Kouterstraat 109, 9240 Zele
2025
12-12
micro format · 50 days before the deadline
30-06
Financial
Back to profitnet €10,655
The net result is €10,655, after one loss-making year.
2024
03-12
micro format · 59 days before the deadline
18-04
Gazette deed
Appointment: Xu Xiaoli (director)2 points ▸
Gazette deed
Appointment: Xu Xiaoli (director)
2 points ▸
- General meeting, 27-02-2024
- Director appointment, Xu Xiaoli (director)
2023
12-06
Gazette deed
IncorporationAppointment: GONGDING NIMA Kunden (director) · Founder: XU Xiaoli · Founder: GONGDING NIMA Kunden6 points ▸
Gazette deed
Incorporation
Appointment: GONGDING NIMA Kunden (director) · Founder: XU Xiaoli · Founder: GONGDING NIMA Kunden6 points ▸
- Incorporation, 07-06-2023
- Founder, XU Xiaoli
- Founder, GONGDING NIMA Kunden
- 100 shares, mentioned 2 times in the deed
- Registered office clause, Brugstraat 1 Bus A, 3950 Bocholt
- Director appointment, GONGDING NIMA Kunden (director (not named in the articles))
- The act holds 2 more points.
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Kunli in Dutch
Enterprise number
0802.545.336
Legal form
Private limited company
Status
Active, normale toestand
Founded
08-06-2023
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 12-06-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest”
deed of 12-06-2023 (in Dutch)Registered office and establishments
Registered office
Kouterstraat 109, 9240 Zele, Belgium
1 former office
- Brugstraat 1 bus, 3950 Bocholt until 01-07-2026 · act of 15-06-2026
Establishment unit
Lily's Keuken, Kouterstraat 109, 9240 Zele since 08-06-2023 · unit number 2.345.913.326
Activities
NACEBEL 2025VAT activities
56112
Limited-service restaurants, excluding mobile food services main activity
Social security (RSZ) activities
56112
Limited-service restaurants, excluding mobile food services main activity
Codes under NACEBEL 2008
VAT activities
56102
Limited-service restaurants main activity
Social security (RSZ) activities
56102
Limited-service restaurants main activity
Joint committee
302 Paritair Comité voor het hotelbedrijf annual accounts 30-06-2024
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 12-06-2023 (in Dutch)
“Alle activiteiten in de horecasector en het horecabedrijf in de ruimste zin van het woord; De uitbating van restaurants, cafés, tavernes…”
20 activities
- Alle activiteiten in de horecasector en het horecabedrijf in de ruimste zin van het woord
- De uitbating van restaurants, cafés, tavernes, tearooms, frituren, hotels en drankgelegenheden
- De verhuur van feest- en vergaderzalen
- De bereiding en de handel van allerlei dranken en gerechten alsmede alle traiteursdiensten
- Het inrichten en organiseren van sportieve, gastronomische, toeristische en/of culturele evenementen, tentoonstellingen, feestelijkheden, festivals, beurzen, voorstellingen, optredens en opvoeringen en dit voor alle doelgroepen en opdrachtgevers
- Het commercialiseren, onder al zijn mogelijke vormen, en met name de aankoop, de verkoop, de groothandel, de kleinhandel, de import, de export, de makelaardij en de commissie van om het even welke producten en goederen, onder andere deze die verband houden met de hoger vermelde activiteiten
- Alle activiteiten van brood, banket, bakkerij, patisserie en chocolaterie
- Alle activiteiten van beenhouwerij en slagerij
- Het voeren van het beleid en de directie van andere vennootschappen en/of bedrijvigheden, alsmede inzonderheid doch niet beperkend de uitoefening van opdrachten en functies van zaakvoerder, bestuurder, gedelegeerd bestuurder of vereffenaar van andere vennootschappen
- Het uitoefenen van managementactiviteiten, consultancy, adviesverlening en expertises in de meest uitgebreide zin
- Alle mogelijke onroerende handelingen in de meest uitgebreide zin met betrekking tot onroerende goederen, inzonderheid doch niet beperkend, de aan- en verkoop, renovatie, bouw en verbouwing, huur en verhuring, beheer, uitbating, verkaveling, valorisatie, dit alles voor eigen rekening
- Het verstrekken van leningen en het stellen van zekerheden voor derden, met uitzondering van de handelingen die wettelijk voorbehouden zijn
- Het beheer, de opbouw en de ontwikkeling van een vermogen bestaande uit roerende en onroerende goederen
- Import/export, groot- en kleinhandel, vertegenwoordiging, promotie, commissie, vervoer en verzending van alle roerende goederen
- De vennootschap handelt, in binnen en buitenland, voor eigen rekening, in consignatie, in naam van derden, in commissie, als tussenpersoon of als vertegenwoordiger
- Zij kan deelnemen, inzonderheid door inbreng, fusie of inschrijving, of zich op andere wijze interesseren in allerhande bestaande of op te richten vennootschappen, ondernemingen, groeperingen of organisaties
- De vennootschap mag zakelijke rechten vestigen op onroerende goederen, in het kader van de uitoefening van haar werk
- De vennootschap kan tevens alle roerende beleggingen verrichten
- Zij mag haar onroerende goederen in hypotheek stellen en al haar andere goederen, met inbegrip van het handelsfonds, in pand stellen en mag aval verlenen voor alle leningen, kredietopeningen en andere verbintenissen zowel voor haarzelf als voor derden
- De vennootschap zal in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen mogen verrichten, in rechtstreeks of onrechtstreeks verband met haar voorwerp, of welke van aard zijn het bereiken ervan geheel of ten dele te vergemakkelijken
Invoicing and payment
VAT number
BE 0802.545.336
Financial year and general meeting
Accounts at the NBBFinancial year end
30-06
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Fourth Friday of November at 18:00
deed of 12-06-2023 (in Dutch)Recognitions · licences · registrations
Food safety, FASFC
1 siteZeleunit number 2.345.913.326
Sites & property
Location
Buildings and parcels at the address
Ground area
138 m²
Building footprint
138 m²
Building volume
862 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 42402F0636/00R000 | Flanders | 138 m² | 1 · 138 m² | 10.1 m · 2 |