KWIK-E-MART
ActiveSummary
The computed 12-month bankruptcy probability of KWIK-E-MART is 3.9% (moderate). The 2024 annual accounts show equity of €29,944 and a net result of €2,468. Equity has been growing by about 6.1% per year since 2018. Its solvency ranks better than 61% of 25,567 sector peers (NACE 47, financial year 2024). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 15-10-2002 Normal situation
- Activity
- Non-specialised retail sale with food, beverages or tobacco predominating NACE 47110
- Establishment units
- 2.126.597.118 2020 Antwerpen, since 09-04-2003
- 2.241.139.765 2020 Antwerpen, since 01-05-2015
- Financial year end
- 31 December
- Peppol
- Reachable since 29-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.9%
- Gross margin
- €9,783
- Turnover
- ≈ €290,000
- estimated
- Profit
- €2,468
- Equity
- €29,944
- Total assets
- €66,586
- 2025 accounts not filed, 94 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 202 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 18-02-2026)Size: total assets €66,586lowers riskFounded in 2002Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 47, micro). It does better than 60% of them on solvency, 27% on liquidity and 58% 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).
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
The company filed its last 6 accounts on average 70 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 2 November 2026.
Annual accounts 2024 filed on 18-02-2026 PDF all 20 filings
2019 to 2024, 5 financial years 2018 to 2024, 6 financial years
The operating result for 2024 is €2,771, against €2,949 in 2022. Comparable figures for the intervening years are unavailable.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Retail trade (NACE 47). 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 dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Staff
| Item | 31-12-2021 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| full-time | 1 | 1 |
| in full-time equivalents | 1 | 1 |
| Average over the year, in full-time equivalents | 1 | 1 |
| On a permanent contract | 1 | 1 |
Source: social balance sheet in the 2021 to 2022 annual accounts
Comparable companies
These companies have the same main activity as KWIK-E-MART: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €56,700 and €73,100, founded between 2001 and 2004.
| Company | Founded | Total assets | Equity | Gross margin | Turnover | Net result | Financial year |
|---|---|---|---|---|---|---|---|
| KWIK-E-MART Antwerpen | 2002 | €66,586 | €29,944 | €9,783 | - | €2,468 | 2024 |
| HABIB ENTERPRICES Antwerpen | 2002 | €65,614 | €27,283 | €13,231 | - | €3,651 | 2025 |
| PAUL TRADERS Antwerpen | 2003 | €60,116 | €39,241 | €7,476 | - | €3,217 | 2025 |
| MUSTANSER Sint-Gillis (bij-Brussel) | 2001 | €62,561 | €36,749 | €10,860 | - | €1,618 | 2025 |
| ILAB & CO Sint-Jans-Molenbeek | 2001 | €57,384 | €31,431 | €9,879 | €357,947 | €6,241 | 2025 |
| BEEK Jette | 2004 | €73,116 | €23,812 | €10,798 | - | €6,112 | 2025 |
| MUKTI Leuven | 2003 | €56,671 | €48,749 | €10,912 | - | €6,996 | 2025 |
They were chosen from the 5,985 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 observationIn July 2024, 17,041 companies had the same profile as KWIK-E-MART has now. Two years later, 0.5% had gone bankrupt and 94.4% were still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of KWIK-E-MART itself is higher: 3.9% within 12 months. It rests on far more data about KWIK-E-MART 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.
| 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 17,041 companies, not a prediction for KWIK-E-MART. 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €2,196 | €2,845 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,734 | €5,734 | €5,734 | €5,734 | €475 | €95 | - |
| Other operating charges640/8 | - | - | - | €3,117 | €8,975 | €6,918 | - |
| Gross operating margin9900 | €12,193 | €27,376 | €20,773 | €13,784 | €15,245 | €9,783 | - |
| Operating profit (loss)9901 | -€657 | -€3,552 | €1,111 | €2,736 | €2,949 | €2,771 | - |
| Financial income75/76B | - | - | - | €0 | - | - | - |
| Recurring financial income75 | - | €1 | €0 | €0 | - | - | - |
| Financial charges65/66B | - | - | - | €780 | €160 | €71 | - |
| Recurring financial charges65 | €230 | - | €181 | €780 | €160 | €71 | - |
| Profit (loss) for the period before taxes9903 | -€887 | -€3,551 | €930 | €1,956 | €2,789 | €2,700 | - |
| Income taxes67/77 | €201 | €101 | - | €210 | €210 | €232 | - |
| Profit (loss) for the period9904 | -€1,088 | -€3,651 | €930 | €1,746 | €2,579 | €2,468 | - |
| Profit (loss) for the period to be appropriated9905 | -€1,088 | -€3,651 | €930 | €1,746 | €2,579 | €2,468 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €50,375 | €85,412 | €51,011 | €46,305 | €35,386 | €66,586 | - |
| Fixed assets21/28 | €19,103 | €13,369 | €7,634 | €1,900 | €1,425 | €1,235 | - |
| Tangible fixed assets22/27 | €19,103 | €13,369 | €7,634 | €1,900 | €1,425 | €1,235 | - |
| Plant, machinery and equipment23 | - | - | - | €1,520 | €1,425 | €1,235 | - |
| Furniture and vehicles24 | - | - | - | €380 | - | - | - |
| Current assets29/58 | €31,272 | €72,044 | €43,377 | €44,405 | €33,961 | €65,351 | - |
| Stocks and contracts in progress3 | €22,703 | €24,678 | €16,402 | €27,128 | €27,615 | €50,194 | - |
| Stocks30/36 | - | - | - | €27,128 | €27,615 | €50,194 | - |
| Amounts receivable within one year40/41 | €1,790 | €26,009 | €15,832 | €13,445 | - | €10,237 | - |
| Trade receivables40 | - | - | - | €5,635 | - | €5,521 | - |
| Other amounts receivable41 | - | - | - | €7,811 | - | €4,717 | - |
| Cash at bank and in hand54/58 | €6,764 | €17,946 | €7,177 | €2,831 | €4,911 | €4,390 | - |
| Deferred charges and accrued income490/1 | - | - | - | €1,001 | €1,435 | €529 | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €50,375 | €85,412 | €51,011 | €46,305 | €35,386 | €66,586 | - |
| Equity10/15 | €25,333 | €21,681 | €22,611 | €24,357 | €26,936 | €29,944 | - |
| Contributions10/11 | €11,197 | €11,197 | - | €11,197 | €11,197 | €11,197 | - |
| Reserves13 | €908 | €908 | €908 | €908 | €908 | €908 | - |
| Non-distributable reserves130/1 | - | - | - | €908 | €908 | €908 | - |
| Reserves not available under the articles1311 | - | - | - | €908 | €908 | €908 | - |
| Profit (loss) carried forward14 | €13,228 | €9,576 | €10,507 | €12,253 | €14,832 | €17,839 | - |
| Amounts payable17/49 | €25,042 | €63,731 | €28,400 | €21,948 | €8,449 | €36,642 | - |
| Amounts payable after more than one year17 | €8,731 | €4,751 | €771 | - | - | - | - |
| Amounts payable within one year42/48 | €14,843 | €58,980 | €27,629 | €21,948 | €8,449 | €36,642 | - |
| Trade debts44 | €7,721 | €55,509 | €22,141 | €19,715 | €1,402 | €1,441 | - |
| Suppliers440/4 | - | - | - | €19,715 | €1,402 | €1,441 | - |
| Taxes, remuneration and social security45 | - | - | - | €2,233 | €524 | €232 | - |
| Taxes450/3 | - | - | - | €1,110 | €524 | €232 | - |
| Remuneration and social security454/9 | - | - | - | €1,124 | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €6,524 | €34,968 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,088 | -€3,651 | €930 | €1,746 | €2,579 | €2,468 | - |
| + Depreciation and write-downs630 | €5,734 | €5,734 | €5,734 | €5,734 | €475 | €95 | - |
| Operating cash flow (approximation) | €4,646 | €2,083 | €6,664 | €7,480 | €3,054 | €2,563 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - | - |
| Change in cash | - | €11,182 | -€10,769 | -€4,346 | €2,080 | - | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 18-02-2026 | 2026-00039995 | |
| 31-12-2022 | micro format | 08-12-2023 | 2023-00524412 | |
| 31-12-2021 | micro format | 27-09-2022 | 2022-20446626 | |
| 31-12-2020 | micro format | 30-08-2021 | 2021-57500049 | |
| 31-12-2019 | micro format | 25-09-2020 | 2020-55900461 | |
| 31-12-2018 | micro format | 03-06-2019 | 2019-15800546 | |
| 31-12-2017 | micro format | 29-05-2018 | 2018-15600010 | |
| 31-12-2016 | micro format | 04-07-2017 | 2017-28700240 | |
| 31-12-2015 | abbreviated format | 27-06-2016 | 2016-24300455 | |
| 31-12-2014 | abbreviated format | 02-06-2015 | 2015-14600276 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 20-12-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| HUSSAIN Tajammal |
|
| Aqil Mohammed |
|
| AQIL Mohammad |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Voor helft ten laste overdrager en helft ten laste koper(s),naar evenredigheid aantal aandelen bij meer kopers, elke overdracht onder…”
Articles of association, deed of 20-12-2023 (in Dutch)
Network & group
KWIK-E-MART shares no director with another company.
Connections & network
2 current directorsThe network starts from the directors of KWIK-E-MART. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
20-12
Gazette deed
Changes of role: HUSSAIN Tajammal (director) and AQIL Mohammad (director)Amendment of the articles · Capital conversion · Capital9 points ▸
- General meeting, 30-11-2023
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
- Other provision, 01-01-2020, “terminologie WVV” (deed in Dutch)
- Director resignation, HUSSAIN Tajammal (manager)
- Director resignation, AQIL Mohammad (manager)
- Director appointment, HUSSAIN Tajammal (director (not named in the articles))
- Director appointment, AQIL Mohammad (director (not named in the articles))
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
38 activities
- De groothandel en kleinhandel in verse en niet-verwerkte groenten en fruit,inclusief aardappelen
- In vlees en vleeswaren,exclusief vlees van gevogelte en van wild
- In vlees van wild en gevogelte
- In vlees van konijnen
- In zuivelproducten (melk,boter,kaas,enzovoort)
- In alcoholische en andere dranken
- In tabaksproducten
- In diepgevroren voedingsmiddelen
- In meubels,niet-elektrische huishoudapparaten en vloerbekleding,inclusief tapijten
- In vaste,vloeibare en gasvormige brandstoffen
- In motorbrandstoffen,vetten en smeeroliën,andere oliën,enzovoort
- In vlees en vleeswaren die gedreven wordt door slagers-beenhouwers
- In edelstenen,zilver,goud
- De handel in alle goederen
- Leurhandel
- De niet-gespecialiseerde kleinhandel in algemene voedingsmiddelen (kleiner dan honderd vierkante meter - tussen honderd vierkante meter en vierhonderd vierkante meter - tussen vierhonderd vierkante meter en twee duizend vijfhonderd vierkante meter)
- In brood,banketbakkerswerk en suikerwerk
- Verbruikssalon
- In bovenkleding voor heren,dames en kinderen
- Schoeisel
- De import en export van alle goederen
- De verkoop aan de toog van eetwaren en dranken die ter plaatse verbruikt worden en in het algemeen in wegwerpverpakkingen aangeboden in snelbuffetten zoals snackbars,sandwichbars en hamburgerrestaurant
- In frietkramen,hotdogstalletjes
- In croissanteries,crêperies en warme wafelkramen
- In tearooms,ijssalons en dergelijke
- In cafetaria's
- In drive-in restaurants
- In pizzeria's
- Restaurants van het traditionele type
- De café-restaurants (tavernen)
- De verkoop van dranken door cafés,bars,nachtclubs,bierhallen,enzovoort
- Telefoon,mobilofoon,telegraaf,telex,fax
- Het onderhoud van het netwerk
- Koerierdiensten
- Goederenvervoer langs de weg en verhuisdiensten
- Transportbedrijf (Nationaal,internationaal)
- Carwash
- De handelsbemiddeling in de diverse handel
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Food safety, FASFC
2 sitesSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11809I2413/00D014 | Flanders | 152 m² | 1 · 117 m² | 13.1 m · 3 |
| 11809I2413/00V008 | Flanders | 86 m² | 1 · 60 m² | 12.9 m · 4 |