KUUNDA
ActiveThe computed 12-month bankruptcy probability of KUUNDA is 4.0% (moderate). The 2025 annual accounts show equity of €81k and a net result of €-6k. Equity is growing by ~27.1% per year across the filed fiscal years. Its solvency ranks better than 71% of 13044 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
65
/ 100
Healthy▼ -21 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-62
Solvency97▲+21
Growth52=
Stability94
Bankruptcy probability, 12 months
4.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.56 in 2024), and 45.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
54.7%
Return on assets
-4.3%
Age of the figures
8 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 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 · 5 filingsDeviation from the deadline
2025
35 d late
2024
85 d late
2023
28 d late
2022
53 d late
2021
77 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€81k▼ 7.2%
2024 · €88k
2021: €31k
2022: €54k
2023: €77k
2024: €88k
2021 → 2025
Total assets
€149k▼ 29.2%
2024 · €210k
2021: €65k
2022: €104k
2023: €128k
2024: €210k
2021 → 2025
Net result
€-6k
2024 · €11k
2021: €16k
2022: €44k
2023: €38k
2024: €11k
2021 → 2025
Working capital
€73k▲ 6.9%
2024 · €68k
2021: €12k
2022: €31k
2023: €47k
2024: €68k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€31k-€54k▲ 72.9%€77k▲ 42.1%€88k▲ 14.1%€81k▼ 7.2%
Operating result€16k-€51k▲ 208%€44k▼ 13.1%€18k▼ 59.1%€-6k
Net result€16k-€44k▲ 168%€38k▼ 13.8%€11k▼ 71.4%€-6k
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 turns negative in 2025: a loss of €6k after €18k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€9k▼ 56.4%
Current assets
€140k▼ 26.4%
Equity and liabilities €149k
Equity
€81k▼ 7.2%
Debt
€68k▼ 44.9%
The debt ratio falls from 58.3% to 45.3%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€5k▼
2024 · €29k
Cash flow
€5k▼
2024 · €22k
Solvency
54.7%▲
2024 · 41.7%
Current ratio
2.08▲
2024 · 1.56
Quick ratio
2.04▲
2024 · 1.54
Debt / equity
0.83▼
2024 · 1.40
ROE
-7.8%▼
2024 · 12.3%
ROA
-4.3%▼
2024 · 5.1%
Interest coverage
2.58▼
2024 · 19.95
Debt
€68k▼
2024 · €123k
Debt ≤ 1 year
€68k▼
2024 · €123k
Income taxes
€141▼
2024 · €7k
Staff costs
€265k▲
2024 · €235k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€210k€149k▼
Fixed assets21/28€20k€9k▼
Tangible fixed assets22/27€20k€9k▼
Land and buildings22€4k€3k▼
Plant, machinery and equipment23€8k€2k▼
Furniture and vehicles24€8k€4k▼
Current assets29/58€191k€140k▼
Stocks and contracts in progress3€3k€3k=
Stocks30/36€3k€3k=
Amounts receivable within one year40/41€112k€70k▼
Trade receivables40€80k€4k▼
Other amounts receivable41€32k€66k▲
Cash at bank and in hand54/58€76k€67k▼
Deferred charges and accrued income490/1€109€563▲
Equity and liabilities
Total equity and liabilities10/49€210k€149k▼
Equity10/15€88k€81k▼
Contributions10/11€25k€25k=
Reserves13€3k€3k=
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Profit (loss) carried forward14€60k€54k▼
Amounts payable17/49€123k€68k▼
Amounts payable within one year42/48€123k€68k▼
Trade debts44€22k€36k▲
Suppliers440/4€22k€36k▲
Advances received on contracts in progress46€78k-
Taxes, remuneration and social security45€22k€31k▲
Taxes450/3€14k€11k▼
Remuneration and social security454/9€8k€21k▲
Income statement
Code20242025
Remuneration, social security and pensions62€235k€265k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲
Other operating charges640/8€5k€7k▲
Gross operating margin9900€269k€278k▲
Operating profit (loss)9901€18k€-6k▼
Financial income75/76B€834€2k▲
Recurring financial income75€834€2k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€17k€-6k▼
Income taxes67/77€7k€141▼
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€60k€54k▼
Profit (loss) brought forward from the previous period14P€49k€60k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 35 days late
2025
31-12
Financial
Weakest financial yearnet €-6k ▼159%
Net result drops to €-6k, the lowest in the series.
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 85 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
31-12
Financial
Highest result since 2021net €44k ▲168%
Operating result €51k, net result €44k, both a record.
15-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Geel · 1 establishment unit since 2020
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.
Markt 492440 GeelGround area
197 m²
Building footprint
147 m²
Volume, LiDAR
752 m³
Parcel 13008H0478/00H000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
KUUNDA
since 20202.311.647.382
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13008H0478/00H000 | Flanders | 197 m² | 1 · 147 m² | 9.9 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGeel2.311.647.382
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Brasserie Keukenhof
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,310. 9,632 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-12-2020
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.