Losses
-€16,120 in two years
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
KZ GROUP
Lifetime
5 annual accounts with figures on one time axispeak €22,782 (2025)
€22,782▲ 23.2%
lowest -€12,724 (2024)
-€3,396▲ €9,327
peak €30,142 (2022)
€10,136▼ 38.2%
€32,537▲ 4.1%
Board1 name since 2020
1 directorZISIS Kyrkos
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Gross margin from €18,485 to €22,782Loss of €3,396Equity from €16,402 to €10,136Cash from €3,754 to €8,364
Key points
from the 2025 annual accountsChecked score
48
Fair
Financially stronger than 33% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.2%
01-2025: 2.2%● unchanged vs 12-2024lowest value
02-2025: 2.2%● unchanged vs 01-2025
03-2025: 2.2%● unchanged vs 02-2025
04-2025: 2.4%▲ +0.2 percentage points vs 03-2025
05-2025: 2.5%▲ +0.1 percentage points vs 04-2025
06-2025: 2.5%● unchanged vs 05-2025
07-2025: 2.7%▲ +0.2 percentage points vs 06-2025
08-2025: 3.3%▲ +0.6 percentage points vs 07-2025
09-2025: 3.7%▲ +0.4 percentage points vs 08-2025
10-2025: 5.1%▲ +1.4 percentage points vs 09-2025
11-2025: 5.0%▼ -0.1 percentage points vs 10-2025
12-2025: 5.0%● unchanged vs 11-2025
01-2026: 4.8%▼ -0.2 percentage points vs 12-2025
02-2026: 4.8%● unchanged vs 01-2026
03-2026: 4.8%● unchanged vs 02-2026
04-2026: 4.9%▲ +0.1 percentage points vs 03-2026
05-2026: 4.9%● unchanged vs 04-2026
06-2026: 4.9%● unchanged vs 05-2026
07-2026: 5.0%▲ +0.1 percentage points vs 06-2026
08-2026: 5.9%▲ +0.9 percentage points vs 07-2026highest value
09-2026: 3.7%▼ -2.2 percentage points vs 08-2026
10-2026: 3.8%▲ +0.1 percentage points vs 09-2026
11-2026: 3.8%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Last filed accounts filed 31 days late; 2 of the last 3 accounts late
Founded in 2020
lowers risk
Liquidity: current ratio 1.02, cash €8,364
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 56, micro). It does better than 45% of them on solvency, 44% on liquidity, 27% on profitability and 18% on growth.
The bankruptcy probability was computed on 08-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 1,548 companies had the same profile as KZ GROUP has now. Each dot stands for 4 companies, two years later.
91.2%
were still trading
3.9%
stopped another way
4.3%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of KZ GROUP itself: 3.8% within 12 months.
Test of the method
The method was tested on the 497,447 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 1,548 companies, not a prediction for KZ GROUP. 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.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
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 -€3,396
raises risk · 2025 accounts filed 31 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 5 filingsDeviation from the deadline
2025
31 days late
2024
32 days late
2023
16 days late
2022
2 days early
2021
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 15 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0755700274
Incorporation
Founding capital of €5,000, 100 shares · Founder: ZISIS Kyrkos · Appointment: ZISIS Kyrkos (director) · published on 07-10-2020 · Gazette deed
First establishment
Gàstra, Onderrichtsstraat 110, Brussels
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| KZ GROUP Uccle | €42,673 | €22,782 | 23.8% | - |
| Louise Global Care Group Auderghem | €39,323 | €21,628 | -34.6% | - |
| LES BUI Etterbeek | €38,210 | €23,863 | -79.9% | - |
| Tico Mechelen | €40,216 | €19,130 | 73.1% | - |
| BABY & CHEF Merelbeke-Melle | €43,478 | €29,734 | -25.9% | - |
| DKRK Woluwe-Saint-Pierre | €51,841 | €31,536 | -41.3% | - |
| AFROPEAN CUISINE Brussels | €37,583 | €22,462 | -6.3% | - |
These companies have the same main activity as KZ GROUP: event catering (NACE 56210). They are comparable in size and age: total assets between €37,600 and €51,800, founded between 2018 and 2021.
Official details
Source: KBO- Status
- Active since 05-10-2020Normal situation
- Activity
- Event cateringNACE 56210and 3 others
- Establishment unit
- 2.310.007.3891000 Brussels, since 05-10-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 22-01-2026
Insights on KZ GROUP
KZ GROUP files the micro format. That format states no turnover. The gross margin rose from €22,628 in 2021 to €22,782 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about KZ GROUP
- What is the company number of KZ GROUP?
- The company number of KZ GROUP is 0755.700.274. The VAT number is the same number with BE in front: BE 0755.700.274.
- Where is KZ GROUP based?
- The registered office is at Auguste Dansestraat 39, 1180 Uccle.Company details
- What does KZ GROUP do?
- According to the KBO register, the main activity is event catering (NACE 56210).
- What is the legal form of KZ GROUP?
- KZ GROUP is a private limited company (BV).
- When was KZ GROUP founded?
- KZ GROUP was founded on 05-10-2020.
- Is KZ GROUP still active?
- Yes, KZ GROUP is an active enterprise in the KBO register.
- How many employees does KZ GROUP have?
- KZ GROUP had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of KZ GROUP?
- The turnover in financial year 2025 is ≈ €290,000. This figure is estimated from the gross margin of €22,782 and 30 comparable companies (NACE 562). It probably lies between €180,000 and €560,000. It is a rough estimate.
- Is KZ GROUP profitable?
- In financial year 2025, KZ GROUP made a loss of €3,396.
- Where can I find the annual accounts of KZ GROUP?
- KZ GROUP filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of KZ GROUP due?
- KZ GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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