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Generated 30-07-2026
Active BE 0838.143.445Private limited company (pre-2019)

MASTER KENAN

Koninginneplein 36 ·1030 Schaarbeek, Belgium· 15 yrs active
Sector: Cafés (56301)
Conclusion Checked

The computed 12-month bankruptcy probability of MASTER KENAN is 8.3% (elevated). The 2019 annual accounts show equity of €1k and a net result of €-21k. The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €1k
Net result €-21k
Active 15 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health37Profitability0Solvency19Growth32Stability100
38 / 100

Fragile profile, watch profitability in particular.

Health 37
Profitability 0
Solvency 19
Growth 32
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
8.3% Elevated
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Higher-failure-rate sector +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Established
Founded in 2011, 15 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2019 · computed
37 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview7 NBB filings
Annual accounts filed on 03-11-2020 with the NBB · fiscal year 2019 · micro
€-30k€-20k€-10k€0Operating result 2018: €-13k€-13kNet result 2018: €4k€4kOperating result 2019: €-23k€-23kNet result 2019: €-21k€-21k20182019
Operating resultNet result
EBITDA
€-19k
-114.8% far below sector median
Net profit
€-21k
- far below sector median
Cash flow
€-17k
- far below sector median
Total assets
€34k
-28.2% -81% vs sector
Equity
€1k
-95.9% -98% vs sector
Working capital
€4k
-48.5% -95% vs sector
Debt
€33k
+52.4% -56% vs sector
Debt ≤ 1y
€16k
-26.6% -37% vs sector
Debt > 1y
€17k
- -88% vs sector
Current ratio
1.24
-7.7% -74% vs sector
Quick ratio
1.14
-6.8% -76% vs sector
Solvency
3.1%
-94.2% -95% vs sector
Debt / equity
15.99
- far above sector median
ROE
-1974.8%
- far below sector median
ROA
-62.0%
- far below sector median
Figures by fiscal year
Fiscal year2019
Revenue-
EBITDA€-19k
Net profit€-21k
Cash flow€-17k
Staff costs-
Income taxes-
Dividends-
Total assets€34k
Equity€1k
Debt€33k
of which ≤ 1y€16k
of which > 1y€17k
Working capital€4k
Employees (FTE)-
Ratios (computed)
2019
Current ratio1.24
Quick ratio1.14
Working capital ratio11.4%
Solvency3.1%
Debt / equity15.99
Long-term debt ratio15.99
Interest coverage-
Gross margin-
Net margin-
ROA-62.0%
ROE-1974.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2019
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2019
Balance sheet, Assets
TOTAL ASSETS 20/58€34k
Fixed assets 21/28€14k
Intangible fixed assets 21€6k
Tangible fixed assets 22/27€6k
Financial fixed assets 28€2k
Current assets 29/58€20k
Stocks & contracts in progress 3€2k
Amounts receivable within one year 40/41€6k
Cash & bank 54/58€12k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€34k
Equity 10/15€1k
Contributions / capital 10/11€20k
Reserves 13€2k
Accumulated profits (losses) 14€-21k
Amounts payable 17/49€33k
Amounts payable after one year 17€17k
Amounts payable within one year 42/48€16k
Trade debts payable within one year 44€2k
Income statement
Gross operating margin 9900€23k
Operating result 9901€-23k
Financial charges 65€1k
Result before taxes 9903€-25k
Net result for the period 9904€-25k
Result to be appropriated 9905€-25k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Cafés(56301)
Legal form Private limited company (pre-2019)(015)
Incorporation27-07-2011
StatusActive
Postal code1030
Establishment units 1 location
-
Koninginneplein 36, 1030 SchaarbeekCafés en bars
since 20122.206.973.395
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21908E0262/00K006
ProtectedSite or landscapeSint-Mariakerk en haar omgeving
 Brussels 159 m² 1 · 150 m² 16.6 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates 13 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2020
03-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
09-03-2020
State Gazette act Capital & shares
v3.2
2019
22-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
25-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
17-04-2018
State Gazette act Director changes
v3.2
2017
28-09-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
02-12-2016
State Gazette act Director changes
v3.2
11-10-2016
NBB filing Annual accounts filed
fiscal year 2015 · volledig
25-04-2016
State Gazette act Director changes
v3.2
29-03-2016
State Gazette act Capital & shares
v3.2
2015
18-09-2015
State Gazette act Director changes
v3.2
2014
26-08-2014
NBB filing Annual accounts filed
fiscal year 2013 · volledig
2012
03-08-2012
NBB filing Annual accounts filed
fiscal year 2011 · volledig
Belgisch Staatsblad, acts 6 acts
Capital history · 2
09-03-2020
v3.2
29-03-2016
v3.2
All acts · 6 updated 6 years ago
2020
09-03-2020 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
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  "act_meta": {
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  "subject_company": {
    "kbo": "0838.143.445",
    "name_full": "MASTER KENAN"
  }
}
2018
17-04-2018 ODABAS Omer resigns as gérant Director changes
  • ODABAS Omer, Gérant
Summary: v3.2
Technical details 
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      "role": "g\u00E9rant",
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        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
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  "subject_company": {
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    "name_full": "MASTER KENAN"
  }
}
2016
02-12-2016 ODABAS Omer appointed as co gérant Director changes
  • ODABAS Omer, Co gérant
Summary: v3.2
Technical details 
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    {
      "kind": "director_in",
      "role": "co-g\u00E9rant",
      "person": {
        "rrn": null,
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        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
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  "subject_company": {
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    "name_full": "MASTER KENAN"
  }
}
25-04-2016 1 director appointed, 1 resigning Director changes
  • EROGLU Fuat, Gérant
  • KARAKAYA Umit, Gérant
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "g\u00E9rant",
      "person": {
        "rrn": null,
        "name": "KARAKAYA Umit",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_in",
      "role": "g\u00E9rant",
      "person": {
        "rrn": null,
        "name": "EROGLU Fuat",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
    "kbo": "0838.143.445",
    "name_full": "MASTER KENAN"
  }
}
29-03-2016 Transaction in capital or shares Capital & shares
Summary: v3.2
Technical details 
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  "events": [],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
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    "name_full": "MASTER KENAN"
  }
}
2015
18-09-2015 1 director appointed, 1 resigning Director changes
  • MACHOLOVA Verginiya Rumenova, Associée active
  • RASHID Myurvet Akif, Associée active
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "associ\u00E9e active",
      "person": {
        "rrn": null,
        "name": "RASHID Myurvet Akif",
        "address": null,
        "birth_date": null
      }
    },
    {
      "kind": "director_in",
      "role": "associ\u00E9e active",
      "person": {
        "rrn": null,
        "name": "MACHOLOVA Verginiya Rumenova",
        "address": null,
        "birth_date": null
      }
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "extractor": "qwen3-30b-a3b"
  },
  "subject_company": {
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    "name_full": "MASTER KENAN"
  }
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Cafés en bars56301Cafés en bars56301
Primary activity highlighted.
Names & trade names
Legal nameFR MASTER KENAN
Registered office
Koninginneplein 36
1030 Schaarbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative