KWIMULE
ActiveSummary
The computed 12-month bankruptcy probability of KWIMULE is 2.5% (moderate). The 2025 annual accounts show equity of €120k and a net result of €50k. Equity is growing by ~48.9% per year across the filed fiscal years. Its solvency ranks better than 63% of 13417 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability93=
Solvency71=
Growth78=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 1.75 against 1.75 in 2024; short-term debt: 47.3% and cash: 4.6% of total assets), but 54.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.9%
Return on assets
19.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
30 d late
2023
31 d late
2022
30 d late
2021
31 d late
2019
6 d late
2017
289 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€158k
EBIT margin
-6.8%
Net result
€50k=
2024 · €50k
2019: €-11klowest value
2021: €17k
2022: €92k▲ +451% vs 2021highest value
2023: €19k▼ -79.8% vs 2022
2024: €50k▲ +171% vs 2023
2025: €50k● 0.0% vs 2024
2019 → 2025
Working capital
€93k=
2024 · €93k
2019: €-62klowest value
2021: €-54k
2022: €37k▲ +169% vs 2021
2023: €57k▲ +54.3% vs 2022
2024: €93k▲ +62.2% vs 2023highest value
2025: €93k● 0.0% vs 2024highest value
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-41k-€51k€70k▲ 36.2%€120k▲ 72.0%€120k=
2021: €-41klowest in 5 years
2022: €51k▲ +227% vs 2021
2023: €70k▲ +36.2% vs 2022
2024: €120k▲ +72.0% vs 2023highest in 5 years
2025: €120k● 0.0% vs 2024highest in 5 years
Operating result€17k-€103k▲ 512%€27k▼ 73.9%€70k▲ 161%€70k=
2021: €17klowest in 5 years
2022: €103k▲ +512% vs 2021highest in 5 years
2023: €27k▼ -73.9% vs 2022
2024: €70k▲ +161% vs 2023
2025: €70k● 0.0% vs 2024
Net result€17k-€92k▲ 451%€19k▼ 79.8%€50k▲ 171%€50k=
2021: €17klowest in 5 years
2022: €92k▲ +451% vs 2021highest in 5 years
2023: €19k▼ -79.8% vs 2022
2024: €50k▲ +171% vs 2023
2025: €50k● 0.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays at €70k in 2025, level with 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €262k
Fixed assets
€45k =
Current assets
€217k =
Equity and liabilities €262k
Equity
€120k =
Debt
€142k =
Debt's share of the balance-sheet total stays at 54.1%.
Key figures and ratios
EBITDA
€75k=
2024 · €75k
Cash flow
€55k=
2024 · €55k
Current ratio
1.75=
2024 · 1.75
Quick ratio
0.98=
2024 · 0.98
Debt to equity
1.18=
2024 · 1.18
ROE
41.8%=
2024 · 41.8%
ROA
19.2%=
2024 · 19.2%
Interest coverage
1084.15=
2024 · 1084.15
Debt ≤ 1 year
€124k=
2024 · €124k
Debt > 1 year
€18k=
2024 · €18k
Income taxes
€19k=
2024 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€262k€262k=
Fixed assets21/28€45k€45k=
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€38k€38k=
Plant, machinery and equipment23€10k€10k=
Furniture and vehicles24€28k€28k=
Financial fixed assets28€7k€7k=
Current assets29/58€217k€217k=
Stocks and contracts in progress3€95k€95k=
Stocks30/36€95k€95k=
Amounts receivable within one year40/41€110k€110k=
Trade receivables40€102k€102k=
Other amounts receivable41€8k€8k=
Cash at bank and in hand54/58€12k€12k=
Deferred charges and accrued income490/1€360€360=
Equity and liabilities
Total equity and liabilities10/49€262k€262k=
Equity10/15€120k€120k=
Contributions10/11€69k€69k=
Profit (loss) carried forward14€52k€52k=
Amounts payable17/49€142k€142k=
Amounts payable after more than one year17€18k€18k=
Financial debts170/4€18k€18k=
Amounts payable within one year42/48€124k€124k=
Current portion of amounts payable after more than one year42€6k€6k=
Trade debts44€31k€31k=
Suppliers440/4€31k€31k=
Taxes, remuneration and social security45€20k€20k=
Taxes450/3€20k€20k=
Other amounts payable47/48€67k€67k=
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€228k€228k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k=
Other operating charges640/8€5k€5k=
Non-recurring operating charges66A€489€489=
Gross operating margin9900€80k€80k=
Operating profit (loss)9901€70k€70k=
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€69€69=
Recurring financial charges65€69€69=
Profit (loss) for the period before taxes9903€70k€70k=
Income taxes67/77€19k€19k=
Profit (loss) for the period9904€50k€50k=
Profit (loss) for the period to be appropriated9905€50k€50k=
Appropriation of the result
Profit (loss) to be appropriated9906€52k€52k=
Profit (loss) brought forward from the previous period14P€1k€1k=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | €172k | €228k | €228k | = |
| Remuneration, social security and pensions62 | €344 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6k | €5k | €3k | €5k | €5k | = |
| Other operating charges640/8 | €3k | €2k | €2k | €5k | €5k | = |
| Non-recurring operating charges66A | - | - | - | €489 | €489 | = |
| Gross operating margin9900 | €26k | €110k | €32k | €80k | €80k | = |
| Operating profit (loss)9901 | €17k | €103k | €27k | €70k | €70k | = |
| Financial income75/76B | €0 | €82 | €104 | €0 | €0 | = |
| Recurring financial income75 | €0 | €82 | €104 | €0 | €0 | = |
| Financial charges65/66B | €144 | €430 | €152 | €69 | €69 | = |
| Recurring financial charges65 | €144 | €430 | €152 | €69 | €69 | = |
| Profit (loss) for the period before taxes9903 | €17k | €103k | €27k | €70k | €70k | = |
| Income taxes67/77 | - | €11k | €8k | €19k | €19k | = |
| Profit (loss) for the period9904 | €17k | €92k | €19k | €50k | €50k | = |
| Profit (loss) for the period to be appropriated9905 | €17k | €92k | €19k | €50k | €50k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €78k | €147k | €179k | €262k | €262k | = |
| Fixed assets21/28 | €14k | €14k | €13k | €45k | €45k | = |
| Intangible fixed assets21 | €7k | €2k | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | - | €5k | €6k | €38k | €38k | = |
| Plant, machinery and equipment23 | - | €5k | €4k | €10k | €10k | = |
| Furniture and vehicles24 | - | - | €1k | €28k | €28k | = |
| Financial fixed assets28 | €7k | €7k | €7k | €7k | €7k | = |
| Current assets29/58 | €64k | €133k | €167k | €217k | €217k | = |
| Stocks and contracts in progress3 | €31k | €38k | €74k | €95k | €95k | = |
| Stocks30/36 | €31k | €38k | €74k | €95k | €95k | = |
| Amounts receivable within one year40/41 | €33k | €94k | €86k | €110k | €110k | = |
| Trade receivables40 | €31k | €89k | €79k | €102k | €102k | = |
| Other amounts receivable41 | €3k | €5k | €7k | €8k | €8k | = |
| Cash at bank and in hand54/58 | €22 | €298 | €7k | €12k | €12k | = |
| Deferred charges and accrued income490/1 | €409 | €690 | - | €360 | €360 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €78k | €147k | €179k | €262k | €262k | = |
| Equity10/15 | €-41k | €51k | €70k | €120k | €120k | = |
| Contributions10/11 | €69k | €69k | €69k | €69k | €69k | = |
| Profit (loss) carried forward14 | €-109k | €-17k | €1k | €52k | €52k | = |
| Amounts payable17/49 | €119k | €95k | €109k | €142k | €142k | = |
| Amounts payable after more than one year17 | - | - | - | €18k | €18k | = |
| Financial debts170/4 | - | - | - | €18k | €18k | = |
| Amounts payable within one year42/48 | €119k | €95k | €109k | €124k | €124k | = |
| Current portion of amounts payable after more than one year42 | - | - | - | €6k | €6k | = |
| Trade debts44 | €8k | €7k | €12k | €31k | €31k | = |
| Suppliers440/4 | €8k | €7k | €12k | €31k | €31k | = |
| Advances received on contracts in progress46 | €24k | - | - | - | - | - |
| Taxes, remuneration and social security45 | €6k | €11k | €9k | €20k | €20k | = |
| Taxes450/3 | €6k | €11k | €9k | €20k | €20k | = |
| Other amounts payable47/48 | €80k | €77k | €89k | €67k | €67k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €17k | €92k | €19k | €50k | €50k | = |
| + Depreciation and write-downs630 | €6k | €5k | €3k | €5k | €5k | = |
| Operating cash flow (approximation) | €22k | €97k | €22k | €55k | €55k | = |
| Investment in fixed assets (approximation) | - | €-6k | €-2k | €-37k | €-5k | ▲ 86.8% |
| Change in cash | - | €276 | €7k | €5k | €0 | ▼ 100% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Equity above €100kEq €120k ▲72%
4 profitable years in a row build equity to €120k.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Highest result since 2019net €92k ▲451%
Operating result €103k, net result €92k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 1.39
Current ratio from 0.54 to 1.39; short-term debt falls from €119k to €95k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
2020
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
16-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 289 days late
2017
05-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 339 days late
2015
26-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Anderlecht · 1 establishment unit since 2014
Ground area
138 m²
Building footprint
112 m²
Volume, LiDAR
1,239 m³
Parcel 21305B0222/00F002, Brussels · tallest building 17.4 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
KWIMULE
since 20142.228.987.942
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21305B0222/00F002 | Brussels | 138 m² | 1 · 112 m² | 17.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
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 siteAnderlecht2.228.987.942
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,776. 7,580 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-04-2014
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.