KZ GROUP
ActiveThe computed 12-month bankruptcy probability of KZ GROUP is 7.7% (elevated). The 2025 annual accounts show equity of €10k and a net result of €-3k. Equity is shrinking by ~22.9% per year across the filed fiscal years. Its solvency ranks better than 44% of 13306 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
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▲+29
Solvency49▼-10
Growth32=
Track record94
Bankruptcy probability, 12 months
7.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity tight (current ratio 1.02 against 1.12 in 2024; short-term debt: 52.8% and cash: 19.6% of total assets), and 76.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
23.8%
Return on assets
-8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
32 d late
2023
16 d late
2022
2 d early
2021
4 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▼ 38.2%
2024 · €16k
2021: €24k
2022: €30k
2023: €30k
2024: €16k
2021 → 2025
Total assets
€43k▼ 10.5%
2024 · €48k
2021: €62k
2022: €79k
2023: €71k
2024: €48k
2021 → 2025
Net result
€-3k▲ 73.3%
2024 · €-13k
2021: €15k
2022: €7k
2023: €132
2024: €-13k
2021 → 2025
Working capital
€358▼ 81.4%
2024 · €2k
2021: €14k
2022: €8k
2023: €11k
2024: €2k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€24k-€30k▲ 24.8%€30k▼ 1.5%€16k▼ 44.8%€10k▼ 38.2%
Operating result€15k-€9k▼ 42.1%€3k▼ 68.3%€-11k€-1k▲ 90.3%
Net result€15k-€7k▼ 54.9%€132▼ 98.0%€-13k€-3k▲ 73.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €11k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €43k
Fixed assets
€20k▼ 33.1%
Current assets
€23k▲ 26.7%
Equity and liabilities €43k
Equity
€10k▼ 38.2%
Debt
€33k▲ 4.1%
The debt ratio rises from 65.6% to 76.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€9k▲
2024 · €-451
Cash flow
€6k▲
2024 · €-2k
Solvency
23.8%▼
2024 · 34.4%
Current ratio
1.02▼
2024 · 1.12
Quick ratio
0.70▲
2024 · 0.52
Debt / equity
3.21▲
2024 · 1.91
ROE
-33.5%▲
2024 · -77.6%
ROA
-8.0%▲
2024 · -26.7%
Interest coverage
2.48▲
2024 · -0.19
Debt
€33k▲
2024 · €31k
Debt ≤ 1 year
€23k▲
2024 · €16k
Debt > 1 year
€10k▼
2024 · €15k
Income taxes
€141▲
2024 · €115
Staff costs
€14k▼
2024 · €18k
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€48k€43k▼
Fixed assets21/28€30k€20k▼
Intangible fixed assets21€290€30▼
Tangible fixed assets22/27€28k€18k▼
Plant, machinery and equipment23€348€208▼
Furniture and vehicles24€5k€109▼
Other tangible fixed assets26€22k€18k▼
Financial fixed assets28€2k€2k=
Current assets29/58€18k€23k▲
Stocks and contracts in progress3€10k€7k▼
Stocks30/36€10k€7k▼
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40€1k€3k▲
Other amounts receivable41€1k€88▼
Current investments50/53-€0
Cash at bank and in hand54/58€4k€8k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€48k€43k▼
Equity10/15€16k€10k▼
Contributions10/11€5k€5k=
Profit (loss) carried forward14€9k€5k▼
Investment grants15€3k€0▼
Amounts payable17/49€31k€33k▲
Amounts payable after more than one year17€15k€10k▼
Financial debts170/4€15k€10k▼
Amounts payable within one year42/48€16k€23k▲
Current portion of amounts payable after more than one year42€5k€5k▲
Financial debts43-€1k
Credit institutions430/8-€1k
Trade debts44€4k€10k▲
Suppliers440/4€4k€10k▲
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€889€295▼
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€4k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€18k€14k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€10k▼
Other operating charges640/8€975€316▼
Gross operating margin9900€18k€23k▲
Operating profit (loss)9901€-11k€-1k▲
Financial income75/76B€578€1k▲
Recurring financial income75€578€1k▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€-13k€-3k▲
Income taxes67/77€115€141▲
Profit (loss) for the period9904€-13k€-3k▲
Profit (loss) for the period to be appropriated9905€-13k€-3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€5k▼
Profit (loss) brought forward from the previous period14P€21k€9k▼
The notes to these accounts (13 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
2024
31-12
Financial
Weakest financial yearnet €-13k ▼9760%
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ukkel · 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.
Auguste Dansestraat 391180 UkkelGround area
1,670 m²
Building footprint
308 m²
Volume, LiDAR
4,846 m³
2 parcels, Brussels · tallest building 20.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Gàstra
since 20202.310.007.389
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C1018/00E000 | Brussels | 1,197 m² | 1 · 204 m² | 20.9 m · 6 fl. |
| 21616A0184/00R005 | Brussels | 472 m² | 1 · 104 m² | 14.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteBrussel2.310.007.389
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Of 7,504 companies in sector 56210 we hold annual accounts for 2,444. 1,515 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-10-2020
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
56210Event catering
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56220Contract catering and other food service activities
56290Food and beverage service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.