KYKC
ActiveSummary
The computed 12-month bankruptcy probability of KYKC is 13.9% (high). The 2024 annual accounts show negative equity (-€84,649) and a net result of -€38,663. Equity is shrinking by ~19.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 18940 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-68
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
13.9%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.06 against 0.07 in 2023; short-term debt: 420.5% and cash: 4.1% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
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
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-320.5%
Return on assets
-146.4%
Age of the figures
21 mo
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 · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€84,649
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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
not confirmed
2024
25 d late
2023
31 d late
2022
50 d late
2021
11 d early
2020
11 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 17 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€38,663
2023 · €983
Working capital
-€104,372▼ 49.3%
2023 · -€69,898
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€36,027--€23,162▲ 35.7%-€8,443▲ 63.5%€2,152-€38,556
Net result-€36,327below the sector's middle half--€24,198below the sector's middle half▲ 33.4%-€10,443below the sector's middle half▲ 56.8%€983within the sector's middle half-€38,663below the sector's middle half
Equity-€31,327below the sector's middle half--€36,525below the sector's middle half▼ 16.6%-€46,968below the sector's middle half▼ 28.6%-€45,986below the sector's middle half▲ 2.1%-€84,649below the sector's middle half▼ 84.1%
Total assets€173below the sector's middle half-€12,412below the sector's middle half▲ 7,075%€39,494below the sector's middle half▲ 218%€29,112below the sector's middle half▼ 26.3%€26,415below the sector's middle half▼ 9.3%
Debt€31,500-€48,937▲ 55.4%€86,462▲ 76.7%€75,098▼ 13.1%€111,065▲ 47.9%
Working capital-€31,327within the sector's middle half--€41,936below the sector's middle half▼ 33.9%-€75,069below the sector's middle half▼ 79.0%-€69,898below the sector's middle half▲ 6.9%-€104,372below the sector's middle half▼ 49.3%
Solvency-294.3%below the sector's middle half-118.9%below the sector's middle half▲ 175.3pp-158.0%below the sector's middle half▼ 39.0pp-320.5%below the sector's middle half▼ 162.5pp
Current ratio0.14below the sector's middle half0.13below the sector's middle half▼ 0.010.07below the sector's middle half▼ 0.060.06below the sector's middle half▼ 0.01
Return on assets (ROA)-195.0%below the sector's middle half-26.4%below the sector's middle half▲ 168.5pp3.4%within the sector's middle half▲ 29.8pp-146.4%below the sector's middle half▼ 149.7pp
Staff (FTE)0.95.4▲ 500%3.6▼ 33.3%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €38,556 after €2,152 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €26,415
Fixed assets
€19,723 ▼ 17.5%
Current assets
€6,693 ▲ 28.7%
Key figures and ratios
EBITDA
-€34,367▼
2023 · €6,341
Cash flow
-€34,474▼
2023 · €5,172
Debt to equity
-1.31▲
2023 · -1.63
Interest coverage
-319.18▼
2023 · 5.42
Debt ≤ 1 year
€111,065▲
2023 · €75,098
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.3%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 13.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,038 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €27,905 | €58,543 | €19,126 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €950 | €3,298 | €4,189 | €4,189 | = |
| Other operating charges640/8 | - | €50 | €207 | - | €248 | - |
| Gross operating margin9900 | -€36,027 | €5,743 | €53,605 | €25,467 | -€34,119 | ▼ 234% |
| Operating profit (loss)9901 | -€36,027 | -€23,162 | -€8,443 | €2,152 | -€38,556 | ▼ 1,892% |
| Financial charges65/66B | - | €1,036 | €2,000 | €1,169 | €108 | ▼ 90.8% |
| Recurring financial charges65 | €300 | €1,036 | €2,000 | €1,169 | €108 | ▼ 90.8% |
| Profit (loss) for the period before taxes9903 | -€36,327 | -€24,198 | -€10,443 | €983 | -€38,663 | ▼ 4,034% |
| Profit (loss) for the period9904 | -€36,327 | -€24,198 | -€10,443 | €983 | -€38,663 | ▼ 4,034% |
| Profit (loss) for the period to be appropriated9905 | -€36,327 | -€24,198 | -€10,443 | €983 | -€38,663 | ▼ 4,034% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €173 | €12,412 | €39,494 | €29,112 | €26,415 | ▼ 9.3% |
| Fixed assets21/28 | - | €5,411 | €28,101 | €23,912 | €19,723 | ▼ 17.5% |
| Tangible fixed assets22/27 | - | €5,411 | €28,101 | €23,912 | €19,723 | ▼ 17.5% |
| Land and buildings22 | - | - | €24,280 | €21,681 | €19,082 | ▼ 12.0% |
| Plant, machinery and equipment23 | - | €5,411 | €3,821 | €2,231 | €640 | ▼ 71.3% |
| Current assets29/58 | €173 | €7,001 | €11,393 | €5,200 | €6,693 | ▲ 28.7% |
| Stocks and contracts in progress3 | - | €1,245 | €1,126 | - | - | - |
| Stocks30/36 | - | €1,245 | €1,126 | - | - | - |
| Amounts receivable within one year40/41 | - | €1,312 | €1,383 | €4,737 | €5,618 | ▲ 18.6% |
| Trade receivables40 | - | - | - | - | €881 | - |
| Other amounts receivable41 | - | €1,312 | €1,383 | €4,737 | €4,737 | = |
| Cash at bank and in hand54/58 | €173 | €3,867 | €8,332 | €463 | €1,075 | ▲ 132% |
| Deferred charges and accrued income490/1 | - | €577 | €552 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €173 | €12,412 | €39,494 | €29,112 | €26,415 | ▼ 9.3% |
| Equity10/15 | -€31,327 | -€36,525 | -€46,968 | -€45,986 | -€84,649 | ▼ 84.1% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€36,327 | -€41,525 | -€51,968 | -€50,986 | -€89,649 | ▼ 75.8% |
| Amounts payable17/49 | €31,500 | €48,937 | €86,462 | €75,098 | €111,065 | ▲ 47.9% |
| Amounts payable within one year42/48 | €31,500 | €48,937 | €86,462 | €75,098 | €111,065 | ▲ 47.9% |
| Trade debts44 | - | €5,170 | €24,846 | €8,106 | €32,985 | ▲ 307% |
| Suppliers440/4 | - | €5,170 | €24,846 | €8,106 | €32,985 | ▲ 307% |
| Taxes, remuneration and social security45 | - | €10,192 | €18,516 | €7,337 | €7,408 | ▲ 1.0% |
| Taxes450/3 | - | €1,955 | €3,528 | €4,635 | €6,855 | ▲ 47.9% |
| Remuneration and social security454/9 | - | €8,237 | €14,988 | €2,702 | €553 | ▼ 79.5% |
| Other amounts payable47/48 | - | €33,575 | €43,100 | €59,655 | €70,672 | ▲ 18.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€36,327 | -€24,198 | -€10,443 | €983 | -€38,663 | ▼ 4,034% |
| + Depreciation and write-downs630 | - | €950 | €3,298 | €4,189 | €4,189 | = |
| Operating cash flow (approximation) | -€36,327 | -€23,248 | -€7,145 | €5,172 | -€34,474 | ▼ 767% |
| Investment in fixed assets (approximation) | - | - | -€25,988 | €0 | €0 | - |
| Change in cash | - | €3,694 | €4,465 | -€7,869 | €612 | ▲ 108% |
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
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet -€38,663
Net result drops to -€38,663, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Back to profitnet €983
Net result €983 after 3 loss-making years.
19-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 50 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Brussel · 1 establishment unit since 2019
Ground area
38 m²
Building footprint
38 m²
Volume, LiDAR
484 m³
Parcel 21809K1695/00C000, Brussels · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Chez Titis
since 20192.330.162.011
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21809K1695/00C000 | Brussels | 38 m² | 1 · 38 m² | 15.6 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 siteBrussel2.330.162.011
Similar companies · same sector and region
A. ARCHIDUC
BE 0427.875.710
Brussel
ALVINFOOD
BE 0466.656.013
Brussel
B.G.V.
BE 0454.327.709
Brussel
B.S.D.
BE 0460.516.309
Brussel
BARAKA NEW
BE 0462.857.373
Brussel
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded18-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0730816905
Registered
29-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.